ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) Plans Dividend of $0.21

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSEARCA:CEFD) declared a dividend on Wednesday, September 2nd. Shareholders of record on Monday, September 14th will be paid a dividend of 0.2084 per share on Tuesday, September 22nd. The ex-dividend date is Monday, September 14th. This is a 2,404.8% increase from ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN’s previous dividend of $0.008320000000000001.

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN Stock Up 0.1%

CEFD opened at $19.04 on Friday. The company has a fifty day moving average price of $19.05 and a two-hundred day moving average price of $18.80. 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.

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. CEFs that trade at discount receive higher weights. CEFD was launched on Jun 2, 2020 and is issued by ETRACS.