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) announced a monthly dividend on Monday, October 21st, NASDAQ reports. Stockholders of record on Tuesday, October 22nd will be given 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 Performance

Shares of FEMB traded down $0.11 on Tuesday, reaching $27.71. 34,438 shares of the stock traded hands, compared to its average volume of 63,421. First Trust Emerging Markets Local Currency Bond ETF has a 12 month low of $26.37 and a 12 month high of $30.11. The stock’s 50-day moving average price is $28.47 and its 200-day moving average price is $27.89.

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.