ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) To Go Ex-Dividend on August 12th

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) declared a dividend on Friday, July 31st. Investors 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

NYSEARCA CEFD opened at $19.15 on Monday. 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. The stock’s 50-day moving average price is $19.01 and its 200-day moving average price is $18.84.

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.