ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) To Go Ex-Dividend on October 13th

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) declared a dividend on Thursday, October 1st. Investors of record on Tuesday, October 13th will be given a dividend of $0.2697 per share on Wednesday, October 21st. The ex-dividend date of this dividend is Tuesday, October 13th. This is a 29.4% increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.2084.

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

Shares of NYSEARCA CEFD opened at $17.87 on Friday. The firm has a 50 day moving average price of $18.57 and a 200 day moving average price of $18.68. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 52-week low of $15.47 and a 52-week high of $20.50.

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

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.