Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in bonds, notes and bills issued or guaranteed by entities incorporated or domiciled in emerging market countries (collectively, Bonds) that are denominated in the local currency of the issuer. It is non-diversified.
Frequently asked questions
What is the First Trust Emerging Markets Local Currency Bond ETF (FEMB) expense ratio?
The First Trust Emerging Markets Local Currency Bond ETF funds expense ratio is 0.85%.
What is First Trust Emerging Markets Local Currency Bond ETF (FEMB) current stock price?
As of the latest data, First Trust Emerging Markets Local Currency Bond ETF stock price is $29.11, with a previous close of $29.19. First Trust Emerging Markets Local Currency Bond ETF lost -$0.08 in the last trading session, representing a -0.27% loss.
Does First Trust Emerging Markets Local Currency Bond ETF (FEMB) pay dividends?
Yes. First Trust Emerging Markets Local Currency Bond ETF pays monthly dividends with an annualized yield of 6.38% and an estimated annual payout of $1.86 per share.