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

Sound Enhanced Fixed Income ETF (NYSE:FXED) announced a dividend on Monday, September 14th. Shareholders of record on Tuesday, September 15th will be given 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 Stock Performance

FXED stock opened at $16.93 on Tuesday. Sound Enhanced Fixed Income ETF has a fifty-two week low of $16.86 and a fifty-two week high of $19.00. The business’s 50 day moving average price is $17.34 and its two-hundred day moving average price is $17.47. The company has a market capitalization of $38.61 million, a price-to-earnings 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.