F/m Opportunistic Income ETF (NASDAQ:XFIX) to Issue Monthly Dividend of $0.24

F/m Opportunistic Income ETF (NASDAQ:XFIX) declared a monthly dividend on Thursday, October 31st, NASDAQ reports. Investors of record on Friday, November 1st will be paid a dividend of 0.2371 per share on Monday, November 4th. This represents a $2.85 dividend on an annualized basis and a yield of 5.50%. The ex-dividend date of this dividend is Friday, November 1st.

F/m Opportunistic Income ETF Trading Down 0.7 %

NASDAQ XFIX traded down $0.37 during trading hours on Friday, reaching $51.78. 15,734 shares of the company’s stock traded hands, compared to its average volume of 1,777. F/m Opportunistic Income ETF has a 52-week low of $48.85 and a 52-week high of $53.62. The firm has a 50-day simple moving average of $52.91 and a 200 day simple moving average of $52.04.

About F/m Opportunistic Income ETF

The F/m Opportunistic Income ETF (XFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on investing in what is perceived to be undervalued sectors and securities in the US fixed income space. The fund has no limitations in terms of maturity or credit quality.