WisdomTree Mortgage Plus Bond Fund Announces $0.20 Monthly Dividend
The WisdomTree Mortgage Plus Bond Fund (MTGP) has declared a monthly dividend of $0.20 per share, with the ex-dividend date set for September 25 and payment scheduled for September 29. The fund's 30-day SEC yield stands at 4.40% as of September 24. The announcement comes amid rising mortgage rates that have surpassed 7%, a level not seen in over one-and-a-half years, with expectations they will remain near this threshold for the foreseeable future.
Topics: dividends fixed income