ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) Increases Dividend to $0.30 Per Share

Posted by Jared Coughlin on Jan 11th, 2025

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD – Get Free Report) announced a dividend on Wednesday, January 8th,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be given a dividend of 0.3004 per share on Wednesday, January 22nd. The ex-dividend date is Monday, January 13th. This is a boost from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.23.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Stock Down 1.3 %

NYSEARCA CEFD opened at $19.66 on Friday. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 1-year low of $18.10 and a 1-year high of $21.20. The stock’s 50 day moving average is $20.14 and its two-hundred day moving average is $20.06.

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

(Get Free Report)

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.