Sound Enhanced Fixed Income ETF (NYSEARCA:FXED) Declares Dividend of $0.04

Sound Enhanced Fixed Income ETF (NYSEARCA:FXED) declared a dividend on Wednesday, February 11th. Investors of record on Thursday, February 12th will be given a dividend of 0.04 per share on Friday, February 13th. This represents a dividend yield of 534.0%. The ex-dividend date is Thursday, February 12th.

Sound Enhanced Fixed Income ETF Trading Down 0.5%

Shares of Sound Enhanced Fixed Income ETF stock opened at $17.97 on Thursday. Sound Enhanced Fixed Income ETF has a twelve month low of $16.85 and a twelve month high of $19.00. The stock has a market cap of $41.87 million, a price-to-earnings ratio of 11.31 and a beta of 0.57. The company has a fifty day moving average price of $18.07 and a 200 day moving average price of $18.27.

About Sound Enhanced Fixed Income ETF

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.