ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (ticker: CEFD) is a unique financial instrument designed to cater to investors seeking capital appreciation through a strategic approach to asset allocation. As an exchange-traded note (ETN), CEFD provides exposure to a diversified array of closed-end funds, amplified by a 1.5X leverage factor, which aims to enhance potential returns. This ETN is particularly suited for those focused on target outcome investing, providing a pathway to capitalize on market opportunities while maintaining a clear focus on achieving specific financial goals. By leveraging closed-end funds, CEFD taps into a niche market segment, offering investors a potent mix of income generation and growth potential. Ideal for sophisticated investors looking to navigate the complexities of asset allocation with a leveraged twist, CEFD stands as a compelling choice for those aiming to maximize capital appreciation within their investment portfolios.
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) Fund Flow Chart
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) 1 year Net Flows: -10M
CEFD ETF FAQ
What was CEFD’s price range in the past 12 months?
CEFD lowest ETF price was 18.10 and its highest was 21.20 in the past 12 months.
What is the AUM of CEFD?
As of Feb 20, 2025 The AUM of CEFD is 10.22M.
Is CEFD overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does CEFD pay dividends?
CEFD pays a Monthly dividend of 0.215 which represents an annual dividend yield of 13.68%. See more information on CEFD dividends here
How many shares outstanding does CEFD have?
CEFD has 500,000 shares outstanding.
Which hedge fund is a major shareholder of CEFD?
Currently, no hedge funds are holding shares in CEFD