(CEFD) ETRACS Monthly Pay 1.5X - Ratings and Ratios
Closed-End Funds, Mutual Funds, Asset Management, Equity Securities
Description: CEFD ETRACS Monthly Pay 1.5X
The ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (NYSE ARCA: CEFD) is a financial instrument designed to provide leveraged exposure to a benchmark of U.S.-listed closed-end funds (CEFs) that primarily focus on generating taxable income through various asset management strategies. The underlying index serves as a rules-based benchmark for CEFs that are engaged in producing taxable annual yield, often through investments in fixed-income securities, equities, or other income-generating assets.
From a technical standpoint, CEFD is trading near its short-term moving averages, with the last price of $19.43 slightly below the 20-day SMA of $19.99 and the 50-day SMA of $19.77. The 200-day SMA of $18.92 suggests a longer-term uptrend, though recent price action indicates a potential consolidation phase. The Average True Range (ATR) of 0.30 signals relatively low volatility. With an AUM of $9.73M, the fund operates with modest asset scale, which may impact liquidity.
3-Month Forecast: Based on the technical and fundamental data, CEFD is expected to trade in a narrow range over the next three months. The 20-day and 50-day SMAs are converging, indicating potential sideways movement. However, the 200-day SMA suggests underlying strength, which could limit downside risks. The low ATR of 0.30 implies that price fluctuations will likely remain subdued, though the small AUM may lead to occasional liquidity-driven volatility. Investors should monitor volume trends and broader market conditions for closed-end funds, as these factors could influence the ETNs performance.CEFD ETF Overview
| Market Cap in USD | 8m |
| Category | Trading--Miscellaneous |
| IPO / Inception | 2020-06-02 |
CEFD ETF Ratings
| Growth Rating | 33.6% |
| Fundamental | - |
| Dividend Rating | 78.3% |
| Return 12m vs S&P 500 | -3.51% |
| Analyst Rating | - |
CEFD Dividends
| Dividend Yield 12m | 15.58% |
| Yield on Cost 5y | 21.57% |
| Annual Growth 5y | 13.33% |
| Payout Consistency | 95.7% |
| Payout Ratio | % |
CEFD Growth Ratios
| Growth Correlation 3m | 96.1% |
| Growth Correlation 12m | 44.3% |
| Growth Correlation 5y | 17.8% |
| CAGR 5y | 7.57% |
| CAGR/Max DD 5y | 0.20 |
| Sharpe Ratio 12m | 1.60 |
| Alpha | -1.04 |
| Beta | 0.837 |
| Volatility | 8.81% |
| Current Volume | 1.5k |
| Average Volume 20d | 0.7k |
| Stop Loss | 18.8 (-3.5%) |
| Signal | 2.20 |
What is the price of CEFD shares?
Over the past week, the price has changed by +0.15%, over one month by +2.18%, over three months by +9.08% and over the past year by +12.42%.
Is ETRACS Monthly Pay 1.5X a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CEFD is around 20.71 USD . This means that CEFD is currently overvalued and has a potential downside of 6.31%.
Is CEFD a buy, sell or hold?
What are the forecasts/targets for the CEFD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 23.2 | 19.1% |
Last update: 2025-08-15 15:17
CEFD Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = 26.97
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 7.84m USD (7.84m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 7.84m)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 7.84m / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown Debt (none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(7.84m)/V(0.0) * Re(9.10%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 9.10% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for CEFD ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle