ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) Announces Dividend of $0.22

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) declared a dividend on Friday, January 1st. Shareholders of record on Friday, June 12th will be paid a dividend of 0.2162 per share on Tuesday, June 23rd. The ex-dividend date of this dividend is Friday, June 12th. This is a 0.3% increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.22.

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

Shares of NYSEARCA CEFD opened at $18.86 on Wednesday. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a fifty-two week low of $15.47 and a fifty-two week high of $20.50. The business’s 50 day moving average price is $18.67 and its 200-day moving average price is $18.91.

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.