1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
PRNewswire
PRNewswire
Articles 

Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc.(1) Announces Performance Data And Portfolio Composition

March 23, 2018 | About:

PR Newswire

PHILADELPHIA, March 23, 2018 /PRNewswire/ --Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc.1 (the "Fund") (NYSE American: ABE)2, a closed-end equity fund, announced today its performance data and portfolio composition as of February 28, 2018.

Aberdeen Asset Management Inc. At Aberdeen, asset management is our business. We only manage assets for clients, allowing us to focus solely on their needs and deliver independent, objective investment advice. We know global markets from the local level upwards, drawing on more than 1,900 staff, across 32 offices in 23 countries. Investment teams are based in the markets or regions where they invest, delivering local perspective in a global investment environment. (PRNewsFoto/Aberdeen Asset Management Inc.)

The Fund's total returns for various periods through February 28, 2018 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):


Cumulative as of
02/28/18

Annualized as of 02/28/18


1
Month

3
Month

YTD

1
Year

3
Years

5
Years

10
Years

Since
Inception

NAV

-2.9

6.4

2.4

18.6

4.5

1.2

0.8

6.8

Market Price

-3.8

7.2

3.8

26.7

5.0

1.5

1.0

6.4

MSCI Emerging Markets
Small Cap

-4.1

5.3

1.5

23.7

8.0

5.2

4.1

n/a³

On February 28, 2018, the Fund's net assets amounted to US$156.2 million and the Fund's NAV per share was US$16.47.

As of February 28, 2018, the portfolio was invested as follows:

Portfolio Composition

Percent of
Net Assets

Industrials

15.1

Consumer Discretionary

14.1

Materials

13.8

Consumer Staples

13.2

Financials

11.0

Real Estate

10.4

Information Technology

9.8

Health Care

7.5

Cash

5.2

Portfolio Composition

Geographic Exposure %

India

15.2

Brazil

9.0

Turkey

7.8

China

7.3

Indonesia

6.9

South Africa

6.3

United States

6.1

Thailand

5.8

Mexico

4.4

Hong Kong

3.8

South Korea

3.5

Chile

3.5

Netherlands

2.7

Taiwan

2.2

Philippines

2.2

Malaysia

2.0

Poland

2.0

Sri Lanka

1.7

Romania

1.7

Nigeria

1.5

Kenya

1.0

Egypt

1.0

Russia

0.9

Argentina

0.7

United Kingdom

0.6

Israel

0.3

Luxembourg

0.1

The Fund's ten largest equity holdings as of February 28, 2018, representing 33.4% of net assets, were:

Stock

Percent of

Net Assets

JSE Ltd.

4.4

Grupo Aeroportuario del Centro Norte

4.4

Cimsa

4.0

Pacific Basin Shipping

3.8

Parque Arauco

3.5

Godrej Consumer Products

2.8

ACE Hardware Indonesia

2.8

ASM International

2.7

Siam City Cement

2.5

Ramco Cements Ltd.

2.5

Important Information

Aberdeen Asset Management Inc. (the "Administrator") has prepared this report based on information sources believed to be accurate and reliable. However, the figures are unaudited and neither the Fund, the Administrator, Aberdeen Asset Managers Limited (the "Investment Adviser"), nor any other person guarantees their accuracy. Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information. The Investment Adviser and the Administrator are each a subsidiary of Aberdeen Asset Management PLC ("Aberdeen PLC").

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective.

Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance. Past performance is not indicative of future results, current performance may be higher or lower. Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown. Inception date June 17, 1992.

If you wish to receive this information electronically, please contact: [email protected]

¹ The Fund changed its name, benchmark, investment objective and strategy effective March 15, 2013. Performance information for periods prior to March 15, 2013 does not reflect the current investment strategy. The MSCI Emerging Markets Small Cap Index is the Fund's benchmark. Please refer to the Fund's January 14, 2013 proxy statement at aberdeenABE.com for additional information.
² The Fund's ticker symbol changed from ETF to ABE at market close on July 31, 2015.
³ There is no since inception figure for the MSCI EM Small Cap Index because the inception date of the Index is June 1, 2007. The inception date of the Fund is June 17, 1992.

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/aberdeen-emerging-markets-smaller-company-opportunities-fund-inc1-announces-performance-data-and-portfolio-composition-300618935.html

SOURCE Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc.


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:



Performances of the stocks mentioned by PRNewswire


User Generated Screeners


pjmason14Momentum
pascal.van.garsseHigh FCF-M2
kosalmmuse6
kosalmmuseBest one1
DBrizanall 2019Feb26
kosalmmuseBest one
DBrizanall 2019Feb25
kosalmmuseNice
kosalmmusehan
MsDale*52-Week Low
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)