First Trust Emerging Markets Local Currency Bond ETFFirst Trust Emerging Markets Local Currency Bond ETFFirst Trust Emerging Markets Local Currency Bond ETF

First Trust Emerging Markets Local Currency Bond ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪192.30 M‬USD
Fund flows (1Y)
‪71.01 M‬USD
Dividend yield (indicated)
5.81%
Discount/Premium to NAV
0.7%

About First Trust Emerging Markets Local Currency Bond ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.85%
Inception date
Nov 4, 2014
Index tracked
No Underlying Index
Management style
Active
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 funds 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.

Classification


Asset Class
Fixed income
Category
Government, treasury
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government98.05%
Cash1.97%
Miscellaneous−0.02%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.