ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) to Issue Dividend of $0.19 on June 21st

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) declared a dividend on Friday, June 7th, NASDAQ reports. Investors of record on Wednesday, June 12th will be given a dividend of 0.1912 per share on Friday, June 21st. The ex-dividend date is Wednesday, June 12th. This is an increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.18.

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

CEFD stock opened at $19.52 on Monday. ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN has a 12-month low of $15.48 and a 12-month high of $20.00. The company’s fifty day simple moving average is $19.06 and its 200 day simple moving average is $19.00.

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

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.