First Trust Income Opportunities ETF Plans Monthly Dividend of $0.14 (NASDAQ:FCEF)

First Trust Income Opportunities ETF (NASDAQ:FCEF) announced a monthly dividend on Monday, January 12th, NASDAQ Dividends reports. Shareholders of record on Tuesday, January 13th will be given a dividend of 0.135 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Tuesday, January 13th.

First Trust Income Opportunities ETF Stock Down 0.3%

Shares of NASDAQ:FCEF traded down $0.06 during trading on Tuesday, hitting $23.24. 22,717 shares of the company were exchanged, compared to its average volume of 25,287. First Trust Income Opportunities ETF has a 1-year low of $18.85 and a 1-year high of $23.35. The company has a market capitalization of $67.40 million, a P/E ratio of 19.88 and a beta of 0.85. The business’s 50 day moving average is $22.81 and its 200-day moving average is $22.73.

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.