abrdn Emerging Markets Fund Class R logo

abrdn Emerging Markets Fund Class R (GEMRX)

Market Closed
13 Aug, 20:00
NASDAQ NASDAQ
$
20. 61
+0.08
+0.3897%
$
- Market Cap
0.47% Div Yield
0 Volume
$ 20.53
Previous Close
Add Transaction
Day Range
20.61 20.61
Year Range
15.35 21.86
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Summary

GEMRX closed yesterday higher at $20.61, an increase of 0.3897% from Wednesday's close, completing a monthly decrease of -0.3867% or -$0.08. Over the past 12 months, GEMRX stock gained 23.1183%.
GEMRX pays dividends to its shareholders, with the most recent payment made on Dec 23, 2024. The next estimated payment will be in 7 months ago on Dec 23, 2025 for a total of $0.067.
The stock of the company had never split.
The company's stock is traded on one exchange.

GEMRX Chart

abrdn Emerging Markets Fund Class R (GEMRX) FAQ

What is the stock price today?

The current price is $20.61.

On which exchange is it traded?

abrdn Emerging Markets Fund Class R is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is GEMRX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.47%.

What is its market cap?

As of today, no market cap data is available.

Has abrdn Emerging Markets Fund Class R ever had a stock split?

No, there has never been a stock split.

abrdn Emerging Markets Fund Class R Profile

NASDAQ Exchange
United States Country

Overview

This fund is primarily focused on investing in a variety of equity securities, including common stocks, preferred stocks, and depositary receipts, with a primary emphasis on emerging market companies. By allocating at least 80% of its net assets, in addition to any borrowings for investment purposes, towards equity securities in these markets, the fund aims to leverage the growth potential in these rapidly developing regions. It pursues opportunities across a wide range of market capitalizations, from small to mid-cap companies, diversifying its investment portfolio to optimize returns for its investors. The fund's strategy includes the flexibility to invest in securities denominated in both U.S. Dollars and the local currencies of the emerging markets it targets, allowing for a broad exposure to global equities within the emerging market spectrum.

Products and Services

  • Common Stocks

Investing in common stocks allows shareholders to have a direct claim on a portion of the profits, often in the form of dividends, of the companies in which the fund invests. This can provide a source of income as well as capital appreciation potential.

  • Preferred Stocks

Preferred stocks offer a higher claim on assets and earnings than common stocks. They typically pay dividends at a fixed rate before any dividends are paid to common stockholders, adding a layer of security to the investment.

  • Depositary Receipts

These are certificates issued by a bank representing shares in a foreign company traded on a local stock exchange. Depositary receipts allow the fund to invest in a variety of international companies, increasing its global diversification.

  • Equity Securities of Emerging Market Companies

Focusing on emerging market companies, the fund seeks to capitalize on the growth potential of these regions. This includes investments in a variety of sectors and industries, providing exposure to the dynamic economic developments in these countries.

Contact Information

Address: Philadelphia,PA 19103
Phone: 215-405-5700