ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) to Distribute Dividend of $0.21 on September 22nd

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFDGet Free Report) announced a dividend on Wednesday, September 2nd. Stockholders of record on Monday, September 14th will be given a dividend of 0.2084 per share on Tuesday, September 22nd. The ex-dividend date is Monday, September 14th. This is a 2,404.8% increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.008320000000000001.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Trading Down 0.3%

Shares of NYSEARCA:CEFD opened at $18.55 on Friday. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 12 month low of $15.47 and a 12 month high of $20.50. The firm’s 50-day moving average is $19.00 and its 200 day moving average is $18.78.

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

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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.

Further Reading

Dividend History for ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD)

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