ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) to Issue Dividend of $0.22

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) declared a dividend on Friday, January 1st. Investors of record on Friday, June 12th will be given a dividend of 0.2162 per share on Tuesday, June 23rd. The ex-dividend date is Friday, June 12th. This is a 0.3% increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.22.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Stock Performance

Shares of CEFD opened at $18.86 on Wednesday. The business has a fifty day moving average of $18.67 and a 200 day moving average of $18.91. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 52-week low of $15.47 and a 52-week high of $20.50.

About ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

The ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) is an exchange-traded fund that is based on the SNET Composite Closed-End Fund index. The fund provides monthly 1.5x leveraged exposure to an index of three types of yield-focused CEFs: investment-grade fixed-income, high-yield fixed-income, and option-writing. CEFs that trade at discount receive higher weights. CEFD was launched on Jun 2, 2020 and is issued by ETRACS.