Rareview Dynamic Fixed Income ETF (BATS:RDFI) to Issue $0.16 Monthly Dividend

Rareview Dynamic Fixed Income ETF (BATS:RDFI) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Wednesday, September 2nd will be given a dividend of 0.1595 per share on Thursday, September 3rd. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date of this dividend is Wednesday, September 2nd.

Rareview Dynamic Fixed Income ETF Trading Down 1.3%

Shares of BATS:RDFI traded down $0.30 during trading on Wednesday, reaching $22.89. The company’s stock had a trading volume of 6,202 shares, compared to its average volume of 15,182. The stock has a market capitalization of $48.30 million, a PE ratio of 22.64 and a beta of 0.50. The firm’s 50 day simple moving average is $23.48 and its two-hundred day simple moving average is $23.55. Rareview Dynamic Fixed Income ETF has a 12 month low of $22.51 and a 12 month 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.