First Trust Emerging Markets Local Currency Bond ETF to Issue Monthly Dividend of $0.13 (NASDAQ:FEMB)

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) declared a monthly dividend on Tuesday, January 21st,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 22nd will be given a dividend of 0.1325 per share on Friday, January 31st. This represents a $1.59 dividend on an annualized basis and a yield of 6.01%. The ex-dividend date of this dividend is Wednesday, January 22nd.

First Trust Emerging Markets Local Currency Bond ETF Trading Up 0.2 %

NASDAQ FEMB traded up $0.04 during trading on Wednesday, reaching $26.47. 22,047 shares of the company’s stock traded hands, compared to its average volume of 51,665. First Trust Emerging Markets Local Currency Bond ETF has a 12-month low of $25.60 and a 12-month high of $30.11. The company’s 50 day simple moving average is $26.58 and its two-hundred day simple moving average is $27.53.

About First Trust Emerging Markets Local Currency Bond ETF

The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies.