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

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) announced a monthly dividend on Monday, October 21st, NASDAQ reports. Investors of record on Tuesday, October 22nd will be paid a dividend of 0.1325 per share on Thursday, October 31st. This represents a $1.59 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date is Tuesday, October 22nd.

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

FEMB traded down $0.11 during mid-day trading on Tuesday, reaching $27.71. The stock had a trading volume of 34,437 shares, compared to its average volume of 63,421. First Trust Emerging Markets Local Currency Bond ETF has a 52 week low of $26.37 and a 52 week high of $30.11. The firm’s fifty day simple moving average is $28.47 and its two-hundred day simple moving average is $27.89.

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.