FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Shares Will Pay Monthly Dividend of $0.18

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) declared a monthly dividend on Monday, September 28th. Shareholders of record on Tuesday, September 29th will be paid a dividend of $0.18 per share on Wednesday, September 30th. This represents a $2.16 annualized dividend and a yield of 5.8%. The ex-dividend date is Tuesday, September 29th.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Price Performance

Shares of NYSEARCA RISR opened at $36.94 on Tuesday. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 1 year low of $35.25 and a 1 year high of $37.10. The firm has a fifty day moving average price of $36.68 and a 200-day moving average price of $36.44.

About FolioBeyond Alternative Income and Interest Rate Hedge ETF

The FolioBeyond Rising Rates ETF (RISR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income and protect against rising interest rates through exposure to interest-only MBS and US Treasury bonds. The fund is actively managed. RISR was launched on Sep 30, 2021 and is managed by Beyond.