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. Investors of record on Friday, November 1st will be paid a dividend of 0.2371 per share on Monday, November 4th. This represents a $2.85 dividend on an annualized basis and a yield of 5.50%. The ex-dividend date is Friday, November 1st.

F/m Opportunistic Income ETF Stock Performance

XFIX traded down $0.38 during trading on Friday, reaching $51.78. 15,734 shares of the company were exchanged, compared to its average volume of 1,777. The company’s 50-day moving average is $52.91 and its two-hundred day moving average is $52.04. F/m Opportunistic Income ETF has a 12-month low of $48.85 and a 12-month high of $53.62.

F/m Opportunistic Income ETF Company Profile

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.