Sound Enhanced Fixed Income ETF (FXED) to Issue Dividend of $0.04 on January 30th

Sound Enhanced Fixed Income ETF (NYSEARCA:FXED) announced a dividend on Wednesday, January 28th. Shareholders of record on Thursday, January 29th will be paid a dividend of 0.04 per share on Friday, January 30th. This represents a yield of 531.0%. The ex-dividend date is Thursday, January 29th.

Sound Enhanced Fixed Income ETF Price Performance

NYSEARCA:FXED opened at $18.09 on Friday. The company’s fifty day moving average price is $18.11 and its 200-day moving average price is $18.30. Sound Enhanced Fixed Income ETF has a 1-year low of $16.85 and a 1-year high of $19.00. The firm has a market capitalization of $42.15 million, a P/E ratio of 11.31 and a beta of 0.57.

Sound Enhanced Fixed Income ETF Company Profile

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.