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

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) declared a monthly dividend on Tuesday, January 21st,NASDAQ Dividends reports. Investors 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

FEMB stock traded up $0.04 during midday trading on Wednesday, reaching $26.47. The company had a trading volume of 22,047 shares, compared to its average volume of 51,665. The firm has a 50-day moving average price of $26.58 and a 200-day moving average price of $27.53. First Trust Emerging Markets Local Currency Bond ETF has a 1 year low of $25.60 and a 1 year high of $30.11.

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.