Sound Enhanced Fixed Income ETF (NYSE:FXED) Announces Dividend of $0.04

Sound Enhanced Fixed Income ETF (NYSE:FXED) declared a dividend on Monday, September 14th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.04 per share on Wednesday, September 16th. This represents a yield of 567.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

Sound Enhanced Fixed Income ETF Price Performance

NYSE:FXED opened at $16.93 on Tuesday. Sound Enhanced Fixed Income ETF has a one year low of $16.86 and a one year high of $19.00. The company’s 50-day simple moving average is $17.34 and its 200 day simple moving average is $17.47. The firm has a market capitalization of $38.61 million, a P/E ratio of 11.31 and a beta of 0.53.

Sound Enhanced Fixed Income ETF Company Profile

The Sound Enhanced Fixed Income ETF (FXED) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond portfolio that seeks current income and capital appreciation with few limitations in respect to geographic, type, credit, or duration exposure. FXED was launched on Dec 30, 2020 and is managed by Tidal.