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

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) announced a monthly dividend on Wednesday, June 26th, NASDAQ reports. Investors of record on Thursday, June 27th will be paid a dividend of 0.1325 per share on Friday, June 28th. This represents a $1.59 annualized dividend and a yield of 5.86%. The ex-dividend date of this dividend is Thursday, June 27th.

First Trust Emerging Markets Local Currency Bond ETF Stock Performance

First Trust Emerging Markets Local Currency Bond ETF stock traded down $0.18 on Thursday, hitting $27.15. 995,096 shares of the stock traded hands, compared to its average volume of 59,429. The business’s fifty day simple moving average is $27.53 and its 200 day simple moving average is $28.18. First Trust Emerging Markets Local Currency Bond ETF has a 1 year low of $25.91 and a 1 year high of $30.50.

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.