From MarketBeat: First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) to Issue $0.17 Monthly Dividend
From MarketBeat:
First Trust TCW Opportunistic Fixed Income ETF, traded on NASDAQ as FIXD, announced a monthly dividend of 0.165 per share, with an annualized dividend of $1.98 and a yield of 4.45%. The ex-dividend date is December 22nd. The price remained flat at $44.45 on the announcement date. The fund is an actively managed, broad-based, and broad-maturity bond fund that aims for a weighted average duration within 1 year of the Bloomberg US Aggregate Index. Some institutional investors have recently added to their stakes in the company. While it currently has a “hold” rating among analysts, top-rated analysts believe there are five better buys. For readers interested in the current top stocks recommended by analysts, MarketBeat has identified five such stocks and is offering this information for free.
Original: First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) to Issue $0.17 Monthly Dividend