Sound Enhanced Fixed Income ETF (NYSE:FXED) Shares Set to Pay Dividend of $0.04

Sound Enhanced Fixed Income ETF (NYSE:FXED) announced a dividend on Wednesday, October 14th. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.04 per share on Friday, October 16th. This represents a yield of 584.0%. The ex-dividend date is Thursday, October 15th.

Sound Enhanced Fixed Income ETF Stock Performance

Shares of FXED stock opened at $16.45 on Thursday. The company has a market capitalization of $36.51 million, a price-to-earnings ratio of 11.31 and a beta of 0.55. The company has a 50-day simple moving average of $17.01 and a 200 day simple moving average of $17.34. Sound Enhanced Fixed Income ETF has a 52 week low of $16.22 and a 52 week high of $18.58.

About Sound Enhanced Fixed Income ETF

The Sound Enhanced Fixed Income ETF (FXED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. FXED was launched on Dec 30, 2020 and is managed by Tidal.