Emerging market equities have provided investors with the opportunity to gain exposure to high growth developing countries, and now, income-focused exchange traded fund investors may also access dividend-paying emerging market stocks.

For example, the recently launched iShares Emerging Market Dividend Fund (NYSEArca: DVYE) is based on the Dow Jones Emerging Markets Select Dividend Index, which holds the top 100 dividend-paying emerging market companies. DVYE started trading on Feb. 23. [New Emerging Market Dividend ETF from iShares]

Top sector allocations include industrials 17.4%, telecommunications 16.1%, financials 13.8%, consumer goods 13.7% and basic materials 13.3%.

Top country allocations include Taiwan 23.6%, Brazil 13.5%, South Africa 11.6%, Turkey 8.6% and Malaysia 6.0%. [Emerging Market Dividend ETFs]

Most of the stocks included in the fund are not widely traded in the U.S, but their yields are high, writes Richard Rittorno for Emerging Money. For instance, Magyar Telekom Telecommunica, which accounts for 1.8% of the fund, pays a dividend of a little less than 10%. [Top International ETFs for Dividends]

WisdomTree Investments this week launched the first ETF that invests in emerging market corporate bonds. [New Emerging Market ETF]

For more information on dividend payers, visit our dividend ETFs category.

Max Chen contributed to this article.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.