ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) Announces Dividend of $0.01

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) announced a dividend on Friday, July 31st. Stockholders of record on Wednesday, August 12th will be given a dividend of 0.0083 per share on Thursday, August 20th. The ex-dividend date of this dividend is Wednesday, August 12th.

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

Shares of NYSEARCA CEFD opened at $19.15 on Monday. The business has a 50-day moving average price of $19.01 and a 200 day moving average price of $18.84. 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.

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

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.