PHILADELPHIA, April 26, 2017 /PRNewswire/
-- Aberdeen Emerging Markets Smaller Company
Opportunities Fund, Inc.1 (the "Fund") (NYSE MKT:
ABE)2, a closed-end equity fund, announced today its
performance data and portfolio composition as of March 31, 2017.
The Fund's total returns for various periods through
March 31, 2017 are provided
below. (All figures are based on distributions reinvested at
the dividend reinvestment price and are stated
net-of-fees):
|
Cumulative as of
03/31/17
|
Annualized as of
03/31/17
|
|
1
Month
|
3
Month
|
YTD
|
1
Year
|
3
Years
|
5
Years
|
10
Years
|
Since
Inception
|
|
NAV
|
2.9
|
10.4
|
10.4
|
8.2
|
-0.2
|
0.5
|
1.9
|
6.4
|
|
Market
Price
|
7.9
|
15.9
|
15.9
|
13.0
|
0.1
|
0.8
|
1.5
|
5.9
|
|
MSCI Emerging
Markets
Small Cap
|
2.6
|
13.1
|
13.1
|
14.8
|
2.0
|
3.2
|
n/a³
|
n/a³
|
On March 31, 2017, the Fund's net
assets amounted to US$137.5 million
and the Fund's NAV per share was US$14.49.
As of March 31, 2017, the
portfolio was invested as follows:
|
Portfolio
Composition
|
Percent of
Net Assets
|
|
Consumer
Staples
|
18.5
|
|
Industrials
|
16.7
|
|
Consumer
Discretionary
|
12.9
|
|
Materials
|
11.0
|
|
Information
Technology
|
10.7
|
|
Real
Estate
|
10.2
|
|
Financials
|
8.0
|
|
Health
Care
|
7.8
|
|
Energy
|
1.4
|
|
Cash
|
2.8
|
|
Portfolio
Composition
|
Geographic
Exposure %
|
|
India
|
15.7
|
|
Brazil
|
9.8
|
|
South
Africa
|
6.8
|
|
Indonesia
|
6.7
|
|
Turkey
|
6.5
|
|
Malaysia
|
5.8
|
|
United
States
|
5.7
|
|
Thailand
|
5.6
|
|
Chile
|
4.2
|
|
Singapore
|
4.1
|
|
Philippines
|
3.5
|
|
Hong Kong
|
3.2
|
|
Mexico
|
3.1
|
|
South
Korea
|
2.7
|
|
Netherlands
|
2.1
|
|
Romania
|
1.8
|
|
Sri Lanka
|
1.8
|
|
Taiwan
|
1.5
|
|
United
Kingdom
|
1.3
|
|
Egypt
|
1.3
|
|
China
|
1.3
|
|
Poland
|
1.3
|
|
Kenya
|
1.1
|
|
Nigeria
|
1.0
|
|
Russia
|
1.0
|
|
Peru
|
0.4
|
|
Israel
|
0.4
|
|
Luxembourg
|
0.1
|
The Fund's ten largest equity holdings as of March 31, 2017, representing 28.5% of net assets,
were:
|
Stock
|
Percent
of
Net
Assets
|
|
Godrej Consumer
Products
|
3.8
|
|
Parque
Arauco
|
3.4
|
|
Ramco Cements
Ltd.
|
3.2
|
|
AKR
Corporindo
|
3.1
|
|
Grupo Aeroportuario
del Centro Norte
|
3.1
|
|
Epam Systems
Inc.
|
2.5
|
|
Iguatemi
|
2.5
|
|
Delfi Ltd.
|
2.4
|
|
Pacific Basin
Shipping
|
2.3
|
|
Piramal
Enterprises
|
2.2
|
Important Information
Aberdeen Asset Management Inc.
has prepared this report based on information sources believed to
be accurate and reliable. However, the figures are unaudited
and neither the Fund, 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. Aberdeen Asset
Management Inc. and the Investment Adviser are each a wholly owned
subsidiary of Aberdeen Asset Management PLC. Aberdeen Asset
Management PLC announced on March 6,
2017 that it entered into an agreement with Standard Life
plc to carry out an all-share merger, subject to regulatory and
other approvals. More information about the potential merger
can be found on Aberdeen's website at www.aberdeen-asset.com.
Aberdeen is a U.S. registered service mark of Aberdeen Asset
Management 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: InvestorRelations@aberdeen-asset.com
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 10 year or 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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/aberdeen-emerging-markets-smaller-company-opportunities-fund-inc1-announces-performance-data-and-portfolio-composition-300446580.html
SOURCE Aberdeen Emerging Markets Smaller Company Opportunities
Fund, Inc.
