Rareview Dynamic Fixed Income ETF Plans Monthly Dividend of $0.16 (BATS:RDFI)

Rareview Dynamic Fixed Income ETF (BATS:RDFI) announced a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 3rd will be given a dividend of 0.1621 per share on Wednesday, February 4th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Tuesday, February 3rd.

Rareview Dynamic Fixed Income ETF Stock Performance

BATS RDFI traded up $0.32 during trading hours on Tuesday, hitting $24.19. 11,010 shares of the company traded hands, compared to its average volume of 10,869. The business’s 50-day moving average is $23.96 and its 200-day moving average is $23.98. The stock has a market capitalization of $51.04 million, a price-to-earnings ratio of 22.64 and a beta of 0.50. Rareview Dynamic Fixed Income ETF has a twelve month low of $21.98 and a twelve month high of $27.92.

About Rareview Dynamic Fixed Income ETF

The Rareview Dynamic Fixed Income ETF (RDFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that actively selects a broad array of global fixed income closed-end funds. RDFI was launched on Oct 21, 2020 and is managed by Rareview Funds.