ABERDEEN EMRG MKTS SMLR CO OPPTS FD INC PHILADELPHIA, Oct. 21, 2016 /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 September 30, 2016.
http://photos.prnewswire.com/prnvar/20121106/NE07292LOGO
The Fund's total returns for various periods through September 30, 2016 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):
Cumulative as of
09/30/16 Annualized as of 09/30/16
----------------- -------------------------
1 3 YTD 1 3 5 10 Since
Month Month Year Years Years Years Inception
----- ----- ---- ----- ----- ----- ---------
NAV 0.5 3.3 14.8 15.1 -0.5 3.7 4.4 6.5
--- --- --- ---- ---- ---- --- --- ---
Market
Price 1.0 5.6 17.3 19.0 -1.0 3.2 4.1 5.9
------ --- --- ---- ---- ---- --- --- ---
MSCI
Emerging
Markets
Small
Cap 1.3 7.7 9.3 13.0 1.6 5.0 n/a(3) n/a(3)
--------- --- --- --- ---- --- --- ------ ------
On September 30, 2016, the Fund's net assets amounted to US$139.1 million and the Fund's NAV per share was US$14.42.
As of September 30, 2016, the portfolio was invested as follows:
Portfolio Composition Percent of
Net Assets
--- ----------
Consumer Staples 19.9
---------------- ----
Industrials 16.8
----------- ----
Consumer Discretionary 14.1
---------------------- ----
Materials 12.0
--------- ----
Financials 10.6
---------- ----
Real Estate 10.0
----------- ----
Information Technology 8.5
---------------------- ---
Health Care 6.2
----------- ---
Cash 1.9
---- ---
Portfolio Composition Geographic Exposure %
--------------------- --------------------
India 14.7
----- ----
Brazil 9.4
------ ---
South Africa 8.6
------------ ---
Indonesia 6.6
--------- ---
Malaysia 6.5
-------- ---
Turkey 5.9
------ ---
Thailand 5.0
-------- ---
United States 4.9
------------- ---
Chile 4.6
----- ---
Hong Kong 4.3
--------- ---
Singapore 3.4
--------- ---
Mexico 3.3
------ ---
Philippines 2.6
----------- ---
South Korea 2.2
----------- ---
Romania 2.0
------- ---
Sri Lanka 1.9
--------- ---
China 1.9
----- ---
Poland 1.7
------ ---
Netherlands 1.5
----------- ---
Kenya 1.5
----- ---
Russia 1.2
------ ---
Egypt 1.2
----- ---
Peru 1.2
---- ---
Nigeria 1.2
------- ---
United Kingdom 1.1
-------------- ---
Taiwan 0.8
------ ---
Israel 0.5
------ ---
Europe 0.1
------ ---
The Fund's ten largest equity holdings as of September 30, 2016, representing 28.5% of net assets, were:
Stock Percent of
Net Assets
--- ----------
Parque Arauco 3.6
------------- ---
Godrej Consumer Products 3.5
------------------------ ---
Aeroportuario del Centro Norte
pls 3.3
------------------------------ ---
AKR Corporindo 3.2
-------------- ---
Ramco Cements Ltd. 2.7
------------------ ---
Iguatemi 2.6
-------- ---
Epam Systems Inc. 2.6
----------------- ---
Jollibee Foods 2.6
-------------- ---
Aeon Malaysia 2.2
------------- ---
Clicks Group 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 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.
Logo - http://photos.prnewswire.com/prnh/20121106/NE07292LOGO
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-300349339.html
SOURCE Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc.
