First Trust Income Opportunities ETF (NASDAQ:FCEF) Shareholders Set to Receive $0.14 Monthly Dividend

First Trust Income Opportunities ETF (NASDAQ:FCEF) declared a monthly dividend on Tuesday, November 10th. Investors of record on Thursday, November 12th will be paid a dividend of $0.1375 per share on Monday, November 30th. This represents a $1.65 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Thursday, November 12th.

First Trust Income Opportunities ETF Stock Performance

Shares of NASDAQ FCEF traded down $0.06 during mid-day trading on Wednesday, reaching $22.95. The company had a trading volume of 770 shares, compared to its average volume of 17,044. The stock has a market capitalization of $80.54 million, a PE ratio of 19.88 and a beta of 0.78. First Trust Income Opportunities ETF has a twelve month low of $21.95 and a twelve month high of $24.35. The stock’s 50 day moving average is $23.02 and its 200-day moving average is $23.44.

About First Trust Income Opportunities ETF

The First Trust Income Opportunity ETF (FCEF) is an exchange-traded fund that is based on the S-Network Composite Closed-End Fund index. The fund is an actively managed ETF that holds closed-end funds to get exposure to US and non-US equity, fixed income securities, and commodities. The fund’s primary objective is to provide current income. FCEF was launched on Sep 27, 2016 and is managed by First Trust.