FEMB

First Trust Emerging Markets Local Currency Bond ETF

$29.64
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The First Trust Emerging Markets Local Currency Bond ETF (FEMB) seeks to provide investment results that correspond generally to the price and yield performance of the NASDAQ Emerging Markets Local Currency Bond Index.

Overview

ETF tracking First Trust Emerging Markets Local Currency Bond ETF

Issuer First Trust
Inception Date 2014-11-05
Market Cap $251.9M
Average Volume N/A
Dividend Yield 4.74%
52-Week Range $25.88 - $29.79
VWAP $29.75

Performance

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Investment Summary

📎 Investment Objective

The First Trust Emerging Markets Local Currency Bond ETF (FEMB) seeks to provide investment results that correspond generally to the price and yield performance of the NASDAQ Emerging Markets Local Currency Bond Index.

🎯 Investment Strategy

The fund invests in a portfolio of emerging market debt securities denominated in the local currencies of the issuing countries. The portfolio is designed to track the performance of the underlying index, which is composed of sovereign and quasi-sovereign debt instruments from emerging market countries.

✨ Key Features

  • Exposure to emerging market local currency-denominated bonds
  • Seeks to track the NASDAQ Emerging Markets Local Currency Bond Index
  • Diversified portfolio of sovereign and quasi-sovereign debt instruments
  • Provides access to the local currency bond markets of developing economies

⚠️ Primary Risks

  • Emerging markets risk: Investments in emerging markets may be subject to greater political, economic, and social instability, and increased volatility
  • Currency risk: The fund's performance may be affected by changes in the value of the local currencies relative to the U.S. dollar
  • Interest rate risk: Bond prices may decline due to rising interest rates
  • Credit risk: The issuer of a debt security may fail to make timely payments of interest and principal

👤 Best For

This ETF may be suitable for investors seeking exposure to the local currency bond markets of emerging economies as part of a diversified portfolio. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the potential volatility associated with emerging market investments.