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

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) announced a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Investors of record on Tuesday, July 21st will be given a dividend of 0.165 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Tuesday, July 21st.

First Trust Emerging Markets Local Currency Bond ETF Trading Down 0.7%

First Trust Emerging Markets Local Currency Bond ETF stock traded down $0.21 during mid-day trading on Tuesday, hitting $29.12. 72,746 shares of the company’s stock traded hands, compared to its average volume of 129,963. The firm has a 50 day simple moving average of $29.32 and a two-hundred day simple moving average of $29.69. First Trust Emerging Markets Local Currency Bond ETF has a fifty-two week low of $28.18 and a fifty-two week 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.