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

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) announced a monthly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be paid a dividend of 0.165 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust Emerging Markets Local Currency Bond ETF Trading Down 0.5%

NASDAQ:FEMB traded down $0.16 during trading hours on Thursday, reaching $29.10. 32,170 shares of the company were exchanged, compared to its average volume of 130,719. The business has a 50 day moving average of $29.45 and a 200 day moving average of $29.73. First Trust Emerging Markets Local Currency Bond ETF has a 1-year low of $28.18 and a 1-year 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.