Sound Enhanced Fixed Income ETF Announces Dividend of $0.04 (NYSEARCA:FXED)

Sound Enhanced Fixed Income ETF (NYSEARCA:FXED) declared a dividend on Thursday, January 15th. Stockholders of record on Friday, January 16th will be paid a dividend of 0.04 per share on Tuesday, January 20th. This represents a dividend yield of 528.0%. The ex-dividend date is Friday, January 16th.

Sound Enhanced Fixed Income ETF Stock Up 0.2%

Shares of NYSEARCA:FXED opened at $18.18 on Friday. Sound Enhanced Fixed Income ETF has a 52-week low of $16.85 and a 52-week high of $19.00. The stock has a market cap of $42.36 million, a price-to-earnings ratio of 11.31 and a beta of 0.57. The business has a 50-day moving average price of $18.11 and a 200-day moving average price of $18.31.

Sound Enhanced Fixed Income ETF Company Profile

The Sound Enhanced Fixed Income ETF (FXED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. FXED was launched on Dec 30, 2020 and is managed by Tidal.