ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) to Issue Dividend of $0.27 on October 21st

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) announced a dividend on Thursday, October 1st. Investors of record on Tuesday, October 13th will be paid a dividend of $0.2697 per share on Wednesday, October 21st. The ex-dividend date is Tuesday, October 13th. This is a 29.4% increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.2084.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Trading Up 1.8%

CEFD stock opened at $17.87 on Friday. The firm has a fifty day moving average price of $18.57 and a two-hundred day moving average price of $18.68. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 1-year low of $15.47 and a 1-year high of $20.50.

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

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.