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

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) announced a dividend on Friday, January 1st. Shareholders of record on Wednesday, May 13th will be given a dividend of 0.2155 per share on Thursday, May 21st. The ex-dividend date of this dividend is Wednesday, May 13th.

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

NYSEARCA:CEFD opened at $19.15 on Monday. The stock’s fifty day moving average price is $18.35 and its two-hundred day moving average price is $18.97. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 1 year low of $15.47 and a 1 year 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.