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

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) announced a monthly dividend on Tuesday, January 21st,NASDAQ Dividends reports. Investors of record on Wednesday, January 22nd will be paid 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 is Wednesday, January 22nd.

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

Shares of FEMB traded up $0.04 during midday trading on Wednesday, hitting $26.47. 22,047 shares of the company traded hands, compared to its average volume of 51,665. First Trust Emerging Markets Local Currency Bond ETF has a one year low of $25.60 and a one year high of $30.11. The stock has a 50-day moving average of $26.58 and a 200-day moving average of $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.