Symbols

FEMB

First Trust Emerging Markets Local Currency Bond ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

362.65MUSD

Fund Flows (1Y)

186.35MUSD

Dividend Yield

5.57%

Discount/Premium to NAV

0.23%

Shares Outstanding

11.80M

Expense Ratio

0.85%

About First Trust Emerging Markets Local Currency Bond ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

http://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=FEMB

Inception Date

Nov 4, 2014

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

First Trust Advisors LP

Distributor

First Trust Portfolios LP

FEMB provides exposure to the emerging-market sovereign bond fund space. Like other funds that hold debt denominated in local currencies, FX volatilities will be material drivers in the fund's total return, both upside and downside. Additionally, underpinned by the interest-rate parity model, the impact of interest-rate volatilities in the US will manifest itself either in the forms of local interest rates or FX volatilities. As such, investors of foreign sovereign debts are not fully shielded from interest-rate volatilities in the US. The fund invests in bonds of any maturity or credit quality, including unrated securities. As an actively managed fund, FEMB can make certain investment decisions at its discretion.