First Trust Emerging Markets Local Currency Bond ETF to Issue Monthly Dividend of $0.14 (NASDAQ:FEMB)

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) declared a monthly dividend on Tuesday, January 20th. Investors of record on Wednesday, January 21st will be paid a dividend of 0.1425 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Wednesday, January 21st.

First Trust Emerging Markets Local Currency Bond ETF Stock Performance

NASDAQ:FEMB traded down $0.07 during mid-day trading on Wednesday, hitting $29.99. 7,053 shares of the company traded hands, compared to its average volume of 176,553. The stock’s fifty day moving average price is $29.72 and its 200-day moving average price is $29.35. First Trust Emerging Markets Local Currency Bond ETF has a one year low of $25.66 and a one year high of $30.15.

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. FEMB was launched on Nov 4, 2014 and is managed by First Trust.