F/m Opportunistic Income ETF (NASDAQ:XFIX) Announces $0.24 Monthly Dividend

F/m Opportunistic Income ETF (NASDAQ:XFIX) announced a monthly dividend on Thursday, October 31st, NASDAQ reports. Shareholders of record on Friday, November 1st will be given a dividend of 0.2371 per share on Monday, November 4th. This represents a $2.85 annualized dividend and a dividend yield of 5.50%. The ex-dividend date of this dividend is Friday, November 1st.

F/m Opportunistic Income ETF Stock Performance

Shares of NASDAQ:XFIX traded down $0.38 on Friday, hitting $51.78. The company’s stock had a trading volume of 15,734 shares, compared to its average volume of 1,777. The company has a 50-day simple moving average of $52.91 and a 200 day simple moving average of $52.04. F/m Opportunistic Income ETF has a 1 year low of $48.85 and a 1 year high of $53.62.

About F/m Opportunistic Income ETF

The F/m Opportunistic Income ETF (XFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on investing in what is perceived to be undervalued sectors and securities in the US fixed income space. The fund has no limitations in terms of maturity or credit quality.