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Weekly Closed-End Fund Roundup: January 8, 2023

08:02am, Tuesday, 17'th Jan 2023
21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector.
3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut.
2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results.

FEO: Liquidation Approaches

01:14pm, Monday, 05'th Dec 2022
FEO has ceased trading and will liquidate this week. We discussed a possible arbitrage strategy with our members last week.
12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.
16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.
0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

FEO To Liquidate

04:39am, Tuesday, 04'th Oct 2022 Seeking Alpha
First Trust/Aberdeen Emerging Opportunity Fund, a hybrid equity/fixed income emerging market fund, will liquidate. See why it's unlikely that FEO will be missed.

FEO To Liquidate

12:39am, Tuesday, 04'th Oct 2022
FEO will liquidate in December. Saba appears to be the driving force, again.
I am hesitant about this fund because of the lower discount to NAV, and because the fund invests in corporate/sovereign debt. The dividend yield for this fund is very attractive, but its 10 year perfo
FEO is a hybrid emerging markets closed-end fund that invests in both equity and fixed income. The fund has had a horrendous 2022, being down more than -28% on a total return basis year to date.
Unlike most EM funds, the First Trust/Aberdeen Emerging Opportunity Fund invests in both stocks and bonds of Emerging Market companies and countries. This article takes a deep dive into the FEO CEF to
WHEATON, Ill.--(BUSINESS WIRE)--First Trust/Aberdeen Emerging Opportunity Fund (the "Fund") (NYSE: FEO) has declared a long-term capital gain distribution of $0.35 per share. The distribution will be
WHEATON, Ill.--(BUSINESS WIRE)--First Trust/Aberdeen Emerging Opportunity Fund (the "Fund") (NYSE: FEO) has declared the Fund's regularly scheduled quarterly distribution of $0.35 per share. The distr
WHEATON, Ill.--(BUSINESS WIRE)--First Trust/Aberdeen Emerging Opportunity Fund (the "Fund") (NYSE: FEO) has declared the Fund's regularly scheduled quarterly distribution of $0.35 per share. The distr
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