FEMBFirst Trust Emerging Markets Local Currency Bond ETF
FEMB Fund Description
FEMB is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies.
FEMB Factset Analytics Insight
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.
FEMB MSCI ESG Analytics Insight
First Trust Emerging Markets Local Currency Bond ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.80 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Emerging Markets Local Currency Bond ETF ranks in the 25th percentile within its peer group and in the 82nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FEMB Portfolio Data
FEMB Index Data
FEMB Portfolio Management
FEMB Tax Exposures
FEMB Fund Structure
FEMB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FEMB. FEMB is rated a N/A out of 5.