First Trust Emerging Markets Local Currency Bond ETF

Frequently Asked Questions About FEMB

What does FEMB invest in?

This Fund's primary goal is to achieve the highest possible total return while also generating current income for investors. Under typical market conditions, it aims to fulfill this objective by committing at least 80% of its net assets (including any borrowed funds) to debt obligations, such as bonds, notes, and bills, issued or guaranteed by entities in emerging market economies, provided these are denominated in the local currency of the issuer.

What is the expense ratio of FEMB?

First Trust Emerging Markets Local Currency Bond ETF (FEMB) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

What is FEMB's dividend yield?

FEMB's trailing-twelve-month yield is 6.23%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of FEMB?

Effective duration measures FEMB's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FEMB's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of FEMB?

FEMB's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of FEMB?

Yield to maturity (YTM) is the total return you'd earn from FEMB if every bond in the portfolio is held to maturity at the current price. FEMB's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.