ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN
CEFDStock · monthly payer
$19.22
Add to PortfolioForward Yield
14.57%
Annual Dividend
$2.80
Payout Ratio
—
5-Yr Growth
-2.3%
Ex-Date
—
Frequency
Monthly
CEFD Dividend Safety Score
59/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2023
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is CEFD a good dividend stock?
Yes, with caveatsETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) pays a monthly dividend yielding 14.57% ($2.80/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 14.57%
- Payout Ratio
- —
- Annual Dividend
- $2.80
- 5-Yr Avg Growth
- -2.3%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -42%
- 52-Week Range
- $15.47 – $20.50
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 13, 2026 | — | $0.2160 | regular |
| Apr 13, 2026 | — | $0.2590 | regular |
| Mar 13, 2026 | — | $0.2220 | regular |
| Feb 12, 2026 | — | $0.2050 | regular |
| Jan 13, 2026 | — | $0.2800 | regular |
| Dec 12, 2025 | — | $0.2210 | regular |
| Nov 12, 2025 | — | $0.2070 | regular |
| Oct 10, 2025 | — | $0.2660 | regular |
| Sep 15, 2025 | — | $0.2240 | regular |
| Aug 12, 2025 | — | $0.2090 | regular |
| Jul 14, 2025 | — | $0.2730 | regular |
| Jun 12, 2025 | — | $0.2190 | regular |
| May 13, 2025 | — | $0.2050 | regular |
| Apr 11, 2025 | — | $0.2940 | regular |
Income Calculator
At $2.80 / yr per share
Per payment (monthly)$23.34
Annual$280.10
Monthly avg$23.34
