Rareview Dynamic Fixed Income ETF (BATS:RDFI) to Issue Dividend Increase – $0.16 Per Share

Rareview Dynamic Fixed Income ETF (BATS:RDFI – Get Free Report) declared a monthly dividend on Monday, November 2nd. Shareholders of record on Tuesday, November 3rd will be given a dividend of $0.1649 per share on Wednesday, November 4th. This represents a $1.98 dividend on an annualized basis and a yield of 9.1%. The ex-dividend date of this dividend is Tuesday, November 3rd. This is a 3.0% increase from Rareview Dynamic Fixed Income ETF’s previous monthly dividend of $0.1601.

Rareview Dynamic Fixed Income ETF Stock Up 0.3%

BATS RDFI opened at $21.84 on Tuesday. The firm has a market cap of $46.08 million, a P/E ratio of 22.64 and a beta of 0.50. Rareview Dynamic Fixed Income ETF has a 52-week low of $21.18 and a 52-week high of $25.61. The business’s 50-day moving average price is $22.11 and its 200 day moving average price is $23.27.

About Rareview Dynamic Fixed Income ETF

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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.

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