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

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) announced a monthly dividend on Wednesday, September 25th, NASDAQ reports. Investors of record on Thursday, September 26th will be given a dividend of 0.1325 per share on Monday, September 30th. This represents a $1.59 annualized dividend and a dividend yield of 5.44%. The ex-dividend date of this dividend is Thursday, September 26th.

First Trust Emerging Markets Local Currency Bond ETF Stock Up 0.8 %

FEMB stock traded up $0.24 during trading on Thursday, reaching $29.22. 35,389 shares of the stock were exchanged, compared to its average volume of 62,350. The stock has a 50 day simple moving average of $28.19 and a 200-day simple moving average of $27.89. First Trust Emerging Markets Local Currency Bond ETF has a twelve month low of $25.91 and a twelve month high of $30.11.

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.