Rareview Dynamic Fixed Income ETF (BATS:RDFI) Announces Dividend Increase – $0.16 Per Share

Rareview Dynamic Fixed Income ETF (BATS:RDFI) declared a monthly dividend on Thursday, October 1st. Investors of record on Friday, October 2nd will be paid a dividend of $0.1601 per share on Monday, October 5th. This represents a $1.92 annualized dividend and a yield of 8.9%. The ex-dividend date is Friday, October 2nd. This is a 0.4% increase from Rareview Dynamic Fixed Income ETF’s previous monthly dividend of $0.1595.

Rareview Dynamic Fixed Income ETF Stock Down 0.4%

RDFI stock opened at $21.59 on Friday. The business has a fifty day moving average of $22.92 and a two-hundred day moving average of $23.26. The stock has a market cap of $45.55 million, a price-to-earnings ratio of 22.64 and a beta of 0.50. Rareview Dynamic Fixed Income ETF has a 52-week low of $21.44 and a 52-week high of $25.61.

Rareview Dynamic Fixed Income ETF Company Profile

The Rareview Dynamic Fixed Income ETF (RDFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that actively selects a broad array of global fixed income closed-end funds. RDFI was launched on Oct 21, 2020 and is managed by Rareview Funds.