ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN to Issue Dividend of $0.01 (NYSEARCA:CEFD)

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFDGet Free Report) announced a dividend on Friday, July 31st. Investors of record on Wednesday, August 12th will be paid a dividend of 0.0083 per share on Thursday, August 20th. The ex-dividend date is Wednesday, August 12th.

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

Shares of CEFD opened at $19.15 on Monday. 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 business has a 50-day simple moving average of $19.01 and a two-hundred day simple moving average of $18.84.

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.

See Also

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

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