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

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) declared a monthly dividend on Tuesday, January 21st,NASDAQ Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 6.01%. The ex-dividend date is Wednesday, January 22nd.

First Trust Emerging Markets Local Currency Bond ETF Price Performance

NASDAQ FEMB traded up $0.04 on Wednesday, hitting $26.47. The company had a trading volume of 22,047 shares, compared to its average volume of 51,665. The company’s fifty day moving average price is $26.58 and its 200-day moving average price is $27.53. First Trust Emerging Markets Local Currency Bond ETF has a 12-month low of $25.60 and a 12-month high of $30.11.

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.