First Trust/aberdeen Emerging Opp Fund (First Trust/aberdeen Emerging Opp Fund) Total Assets : $56.31 Mil (As of Jun. 2022)

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What is First Trust/aberdeen Emerging Opp Fund Total Assets?

First Trust/aberdeen Emerging Opp Fund's Total Assets for the quarter that ended in Jun. 2022 was $56.31 Mil.

Total Assets is connected with ROA %. First Trust/aberdeen Emerging Opp Fund's annualized ROA % for the quarter that ended in Jun. 2022 was -50.63%. Total Assets is also linked to Revenue through Asset Turnover. First Trust/aberdeen Emerging Opp Fund's Asset Turnover for the quarter that ended in Jun. 2022 was -0.25.

First Trust/aberdeen Emerging Opp Fund Total Assets Historical Data

The historical data trend for First Trust/aberdeen Emerging Opp Fund's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Trust/aberdeen Emerging Opp Fund Total Assets Chart

First Trust/aberdeen Emerging Opp Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Total Assets

100.12

79.42

85.85

87.38

75.59

First Trust/aberdeen Emerging Opp Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Total Assets	Get a 7-Day Free Trial					75.29	87.38	84.97	75.59	56.31

First Trust/aberdeen Emerging Opp Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

First Trust/aberdeen Emerging Opp Fund's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	69.417	+	6.177
	=	75.59

First Trust/aberdeen Emerging Opp Fund's Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2022 )	+	Total Liabilities (Q: Jun. 2022 )
	=	50.224	+	6.084
	=	56.31

First Trust/aberdeen Emerging Opp Fund (NYSE:FEO) Total Assets Explanation

Total Assets is connected with ROA %.

First Trust/aberdeen Emerging Opp Fund's annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %	=	Net Income (Q: Jun. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
	=	-33.394	/	( (75.594	+	56.308)	/ 2 )
	=	-33.394	/	65.951
	=	-50.63 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

First Trust/aberdeen Emerging Opp Fund's Asset Turnover for the quarter that ended in Jun. 2022 is

	Asset Turnover
=	Revenue (Q: Jun. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
=	-16.524	/	( (75.594	+	56.308)	/ 2 )
=	-16.524	/	65.951
=	-0.25

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

First Trust/aberdeen Emerging Opp Fund Total Assets Related Terms

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First Trust/aberdeen Emerging Opp Fund (First Trust/aberdeen Emerging Opp Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust/aberdeen Emerging Opp Fund (NYSE:FEO) » Definitions » Total Assets

Comparable Companies

FMY NXN FGB NBO MXE SFE GROW AINC EGF RSF BLK BX TSX:BN OSTO:INVE A KKR APO BK AMP STT OSTO:EQT

Traded in Other Exchanges

N/A

Address

120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187

Website

http://www.ftportfolios.com

First Trust/aberdeen Emerging Opp Fund is a diversified, closed-end management investment company. Its investment objective is to provide a high level of total return. The fund seeks to achieve its objective by investing a majority of its managed assets in a diversified portfolio of equity and fixed-income securities of issuers in emerging market countries.

Executives

Marika Tooze	director	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
M Keefe Denise	director	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler	other: Officer- Investment Advisor	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske	other: Officer - Investment Advisor	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Mickey Janvier	other: Director of Sub-Adviser	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor	other: Director of Sub-Adviser	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Joseph Andolina	other: Officer-Investment Sub-Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Chris Demetriou	other: Officer-Invest. Sub-Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Ralph Bassett	other: Officer-Investment Sub-Advisor	1735 MARKET ST., 32ND FLOOR, PHILADELPHIA PA 19103
Sofia Rosala	other: Officer-Investment Sub-Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Charles Tan	other: Officer-Investment Sub-Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Shane Shannon	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeffrey Cotton	other: Officer-Investment Sub-Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103