SonicShares™ Global Shipping ETF (NYSE Arca: BOAT) Pays Quarterly Dividend
SonicShares
MIDDLETOWN, Del., July 12, 2022 (GLOBE NEWSWIRE) -- The SonicShares™ Global Shipping ETF (NYSE Arca: BOAT) (the “Fund”) recently paid a quarterly dividend. Please see details of recent dividend in the table below.
| Dividend per Share | Current Yield* | 30-Day SEC Yield** | Ex-Date | Record Date | Payment Date | |||
| $1.2734 | 18.03% | 8.80% | 6/28/2022 | 6/29/2022 | 6/30/2022 | |||
| Fund’s Dividend History |
|
| Payment Date | Dividend per Share |
| 6/30/2022 | $1.2734 |
| 3/31/2022 | $0.7780 |
| 12/31/2021 | $0.3520 |
| 9/27/2021 | $0.0520^ |
^ The Fund’s inception date is August 3, 2021.
The Fund provides investors with pure play exposure to a portfolio of global companies engaged in maritime shipping. For more information about the Fund and standardized Fund performance, please visit: http://www.sonicshares.com/BOAT.
The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, click here. Read the prospectus or summary prospectus carefully before investing.
Dividends are not guaranteed. Investing involves risk. Loss of principal is possible.
Fund Risks: An investment in the Fund is subject to numerous risks including the possible loss of principal. There can be no assurance that the Fund will achieve its investment objective. Equity securities, such as common stocks, are subject to market, economic and business risks that may cause their prices to fluctuate. As with all ETFs, Fund shares may be bought and sold in the secondary market at market prices. The market price normally should approximate the Fund’s net asset value per share (NAV), but the market price sometimes may be higher or lower than the NAV. The Fund is new with a limited operating history. There are a limited number of financial institutions authorized to buy and sell shares directly with the Fund, and there may be a limited number of other liquidity providers in the marketplace. There is no assurance that Fund shares will trade at any volume, or at all, on any stock exchange. Low trading activity may result in shares trading at a material discount to NAV. Please see the prospectus and summary prospectus for a complete description of principal risks.