First Trust Emerging Markets Local Currency Bond ETF (FEMB)

First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund in the Emerging Markets Local Currency Bond category. It has $353.09M in assets, an expense ratio of 0.85% and a 6.12% dividend yield. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in bonds, notes and bills issued or guaranteed by entities incorporated or domiciled in emerging market countries (collectively, "Bonds") that are denominated in the local currency of the issuer. It is non-diversified.