RH Hedged Multi-Asset Income ETF (AMAX) to Issue Monthly Dividend of $0.08 on February 27th

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) declared a monthly dividend on Wednesday, February 25th. Stockholders of record on Thursday, February 26th will be given a dividend of 0.0816 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 12.0%. The ex-dividend date is Thursday, February 26th.

RH Hedged Multi-Asset Income ETF Price Performance

Shares of NYSEARCA:AMAX opened at $8.13 on Friday. The stock has a market cap of $48.45 million, a price-to-earnings ratio of 26.76 and a beta of 0.47. RH Hedged Multi-Asset Income ETF has a 12 month low of $7.06 and a 12 month high of $8.44. The stock’s 50 day moving average price is $8.10 and its 200 day moving average price is $8.10.

RH Hedged Multi-Asset Income ETF Company Profile

The RH Hedged Multi-Asset Income ETF (AMAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a global portfolio of equities and fixed income securities aiming for total return. The fund uses a market trend model to initiate periods of hedging. AMAX was launched on Oct 2, 2009 and is managed by Adaptive.