First Trust Emerging Markets Local Currency Bond ETF to Issue Monthly Dividend of $0.17 (NASDAQ:FEMB)

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) declared a monthly dividend on Wednesday, May 20th, NASDAQ Dividends reports. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.165 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date is Thursday, May 21st.

First Trust Emerging Markets Local Currency Bond ETF Stock Down 0.7%

NASDAQ:FEMB traded down $0.21 on Thursday, hitting $29.05. The stock had a trading volume of 23,672 shares, compared to its average volume of 143,864. The business’s fifty day moving average is $29.38 and its 200 day moving average is $29.77. First Trust Emerging Markets Local Currency Bond ETF has a 52 week low of $27.56 and a 52 week high of $31.55.

First Trust Emerging Markets Local Currency Bond ETF Company Profile

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. FEMB was launched on Nov 4, 2014 and is managed by First Trust.