Rareview Dynamic Fixed Income ETF (BATS:RDFI) Plans $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 paid 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 is Wednesday, September 2nd.

Rareview Dynamic Fixed Income ETF Stock Down 1.3%

Shares of Rareview Dynamic Fixed Income ETF stock traded down $0.30 during trading hours on Wednesday, reaching $22.89. 6,202 shares of the stock traded hands, compared to its average volume of 15,182. The company has a 50 day moving average price of $23.48 and a 200 day moving average price of $23.55. The firm has a market capitalization of $48.30 million, a price-to-earnings ratio of 22.64 and a beta of 0.50. Rareview Dynamic Fixed Income ETF has a one year low of $22.51 and a one year 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.