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

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) announced a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Stockholders of record on Thursday, November 21st will be given a dividend of 0.1325 per share on Friday, November 29th. This represents a $1.59 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date of this dividend is Thursday, November 21st.

First Trust Emerging Markets Local Currency Bond ETF Trading Down 0.5 %

Shares of NASDAQ FEMB traded down $0.14 during trading hours on Thursday, hitting $26.93. 48,174 shares of the stock were exchanged, compared to its average volume of 64,395. First Trust Emerging Markets Local Currency Bond ETF has a 12 month low of $26.64 and a 12 month high of $30.11. The firm has a fifty day moving average price of $27.99 and a 200-day moving average price of $27.84.

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.