First Trust Income Opportunities ETF (NASDAQ:FCEF) to Issue Monthly Dividend of $0.14

First Trust Income Opportunities ETF (NASDAQ:FCEF) declared a monthly dividend on Tuesday, September 10th, NASDAQ reports. Stockholders of record on Wednesday, September 11th will be given a dividend of 0.135 per share on Monday, September 30th. This represents a $1.62 annualized dividend and a dividend yield of 7.46%. The ex-dividend date is Wednesday, September 11th. This is a boost from First Trust Income Opportunities ETF’s previous monthly dividend of $0.13.

First Trust Income Opportunities ETF Price Performance

Shares of FCEF stock traded up $0.01 during trading on Wednesday, hitting $21.73. 12,835 shares of the stock traded hands, compared to its average volume of 6,470. The firm’s fifty day moving average price is $21.48 and its 200-day moving average price is $20.87. The firm has a market capitalization of $37.15 million, a P/E ratio of 17.57 and a beta of 0.95. First Trust Income Opportunities ETF has a 52-week low of $17.62 and a 52-week high of $21.99.

First Trust Income Opportunities ETF Company Profile

The First Trust Income Opportunity ETF (FCEF) is an exchange-traded fund that is based on the S-Network Composite Closed-End Fund index. The fund is an actively managed ETF that holds closed-end funds to get exposure to US and non-US equity, fixed income securities, and commodities. The fund’s primary objective is to provide current income.