First Trust Emerging Markets Local Currency Bond ETF (FEMB) to Issue Monthly Dividend of $0.13 on December 31st

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) announced a monthly dividend on Thursday, December 12th,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.1325 per share on Tuesday, December 31st. This represents a $1.59 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date is Friday, December 13th.

First Trust Emerging Markets Local Currency Bond ETF Trading Down 0.4 %

Shares of FEMB opened at $26.81 on Friday. First Trust Emerging Markets Local Currency Bond ETF has a fifty-two week low of $26.62 and a fifty-two week high of $30.11. The stock has a fifty day moving average of $27.39 and a two-hundred day moving average of $27.73.

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.