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) declared a monthly dividend on Wednesday, June 26th, NASDAQ reports. Stockholders of record on Thursday, June 27th will be paid a dividend of 0.1325 per share on Friday, June 28th. This represents a $1.59 annualized dividend and a dividend yield of 5.86%. The ex-dividend date of this dividend is Thursday, June 27th.

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

First Trust Emerging Markets Local Currency Bond ETF stock traded down $0.18 during midday trading on Thursday, hitting $27.15. 995,096 shares of the company were exchanged, compared to its average volume of 59,429. First Trust Emerging Markets Local Currency Bond ETF has a fifty-two week low of $25.91 and a fifty-two week high of $30.50. The business has a fifty day simple moving average of $27.53 and a two-hundred day simple moving average of $28.18.

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.