FCEF:NSD-First Trust CEF Income Opportunity ETF (USD)

EQUITY | World Allocation | NASDAQ Global Market

Last Closing

USD 20.88

Change

+0.14 (+0.65)%

Market Cap

USD 2.06M

Volume

0.01M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide current income with a secondary emphasis on total return. The fund will seek to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of closed-end investment companies that are listed and traded in the United States on registered exchanges ("closed-end funds"). In selecting the closed-end funds in which the fund will invest ("underlying funds"), the fund's investment advisor will utilize a range of investment approaches. It is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for World Allocation

Symbol Name Price(Change) Market Cap
DALI First Trust Dorsey Wright DALI..

-0.21 (-0.82%)

USD 0.11B

ETFs Containing FCEF

N/A

Market Performance

  Market Performance vs. Industry/Classification (World Allocation) Market Performance vs. Exchange (NASDAQ Global Market)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.56% 50% F 65% D
Dividend Return 2.50% 100% F 84% B
Total Return 8.06% 50% F 69% C-
Trailing 12 Months  
Capital Gain 10.59% 100% F 63% D
Dividend Return 7.02% 100% F 82% B
Total Return 17.61% 100% F 67% D+
Trailing 5 Years  
Capital Gain -2.79% 50% F 51% F
Dividend Return 24.88% 100% F 86% B+
Total Return 22.08% 50% F 59% D-
Average Annual (5 Year Horizon)  
Capital Gain -0.60% 50% F 44% F
Dividend Return 4.51% 50% F 57% F
Total Return 5.12% 100% F 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 18.92% 100% F 78% C+
Risk Adjusted Return 23.84% 50% F 60% D-
Market Capitalization 2.06M 50% F 21% F

Key Financial Ratios

  Ratio vs. Industry/Classification (World Allocation) Ratio vs. Market (NASDAQ Global Market)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 21.00 100% 47%
Price/Book Ratio N/A N/A N/A
Price / Cash Flow Ratio N/A N/A N/A
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity N/A N/A N/A
Return on Invested Capital N/A N/A N/A
Return on Assets N/A N/A N/A
Debt to Equity Ratio N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.