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 Thursday, December 12th,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.1325 per share on Tuesday, December 31st. This represents a $1.59 annualized dividend and a yield of 5.93%. The ex-dividend date is Friday, December 13th.

First Trust Emerging Markets Local Currency Bond ETF Price Performance

First Trust Emerging Markets Local Currency Bond ETF stock traded down $0.24 during trading hours on Friday, reaching $26.81. The company had a trading volume of 73,228 shares, compared to its average volume of 62,798. First Trust Emerging Markets Local Currency Bond ETF has a 12-month low of $26.62 and a 12-month high of $30.11. The company has a 50-day moving average price of $27.39 and a 200 day moving average price of $27.73.

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.