WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Increases Dividend to $0.12 Per Share

Key Points

• WisdomTree's HYZD declared a monthly dividend of $0.115 per share (paid Mar 30 to shareholders of record Mar 26), a 15% increase from the prior $0.10 and representing an annualized yield of about 6.2%.
• The fund is an interest-rate-hedged high-yield bond ETF that is long U.S. high-yield bonds and short Treasury futures, and it recently traded around $22.17 (52-week range: $20.65–$22.81).

WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) declared a monthly dividend on Wednesday, March 25th. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.115 per share on Monday, March 30th. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Thursday, March 26th. This is a 15.0% increase from WisdomTree Interest Rate Hedged High Yield Bond Fund's previous monthly dividend of $0.10.

WisdomTree Interest Rate Hedged High Yield Bond Fund Price Performance

HYZD traded down $0.20 during midday trading on Thursday, hitting $22.17. 55,647 shares of the company traded hands, compared to its average volume of 64,323. The company's 50-day moving average is $22.49 and its 200 day moving average is $22.50. WisdomTree Interest Rate Hedged High Yield Bond Fund has a 52 week low of $20.65 and a 52 week high of $22.81.

About WisdomTree Interest Rate Hedged High Yield Bond Fund

The WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a long\u002Fshort net-zero duration bond index that's long US high-yield issues and short Treasury futures. HYZD was launched on Dec 18, 2013 and is managed by WisdomTree.

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