FEMB
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First Trust Emerging Markets Local Currency Bond Etf
28.96
+0.08 (+0.28%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 28.88
Day's Range: 28.8801 - 29.05
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When Written:
27.74
The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that invests in fixed-income securities issued by emerging market governments and corporations denominated in local currencies. FEMB aims to provide investors with exposure to emerging market debt while mitigating currency risk by investing in bonds denominated in local currencies.
The fund's holdings are diversified across multiple countries and sectors, including sovereign debt, corporate debt, and quasi-sovereign debt. FEMB primarily invests in investment-grade securities, but may also invest in high-yield debt.
FEMB has an expense ratio of 0.85%, which is relatively high compared to other emerging market bond ETFs. As of May 2021, the fund had over $1.3 billion in assets under management and had returned 3.59% over the past year.
Investors should be aware that investing in emerging market debt can be risky, as these countries may be more susceptible to economic and political instability, currency fluctuations, and default risk. Additionally, investing in local currency bonds can expose investors to currency risk, which can impact returns.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The fund's holdings are diversified across multiple countries and sectors, including sovereign debt, corporate debt, and quasi-sovereign debt. FEMB primarily invests in investment-grade securities, but may also invest in high-yield debt.
FEMB has an expense ratio of 0.85%, which is relatively high compared to other emerging market bond ETFs. As of May 2021, the fund had over $1.3 billion in assets under management and had returned 3.59% over the past year.
Investors should be aware that investing in emerging market debt can be risky, as these countries may be more susceptible to economic and political instability, currency fluctuations, and default risk. Additionally, investing in local currency bonds can expose investors to currency risk, which can impact returns.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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