WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Declares $0.07 Monthly Dividend

by · The Cerbat Gem

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY – Get Free Report) announced a monthly dividend on Monday, February 23rd. Stockholders of record on Tuesday, February 24th will be paid a dividend of 0.07 per share on Thursday, February 26th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Tuesday, February 24th.

WisdomTree High Income Laddered Municipal Fund Stock Performance

NASDAQ:WTMY traded down $0.06 during midday trading on Tuesday, reaching $25.78. The stock had a trading volume of 23 shares, compared to its average volume of 778. WisdomTree High Income Laddered Municipal Fund has a 1-year low of $24.10 and a 1-year high of $25.85. The firm’s fifty day simple moving average is $25.60 and its 200-day simple moving average is $25.44.

WisdomTree High Income Laddered Municipal Fund Company Profile

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The WisdomTree High Income Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate a high level of current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in both investment-grade and high-yield municipal debt securities with an average duration between five and ten years. It focuses on securities expected to mature or have an option to be called or tendered within 15 years.

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