RDFI
Rareview Dynamic Fixed Income ETF
NAV as of
4 Week: 20.65 - 21.88
52 Week: 20.65 - 24.24
Latest Closing Price
20.65
Premium / Discount
0.23
Expense Ratio
3.12%
Investment Objective
The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. Through its investments in closed-end funds that hold non-U.S. fixed income securities, the fund may invest indirectly in foreign securities, including securities of issuers located in emerging markets.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -8.25 | 0.56 | -14.84 |
| 1 Day | -1.32 | 0.00 | 0.00 |
| 1 Week | -2.50 | 1.45 | -1.73 |
| 1 Month | -6.73 | 2.35 | -2.87 |
| 3 Months | -8.61 | 4.23 | -2.03 |
| 6 Months | -8.97 | 5.65 | -1.59 |
| 1 Year | -7.07 | 9.30 | -0.76 |
| 2 Years | -30.18 | 12.87 | -2.35 |
| 3 Years | 0.00 | 0.00 | 0.00 |
| 5 Years | 0.00 | 0.00 | 0.00 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 12.6331 | -17.1362 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 3.0000 | 96.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 02/10/2023 | 04/10/2023 | 0.1538 |
| 04/09/2023 | 06/09/2023 | 0.1528 |
| 04/07/2023 | 06/07/2023 | 0.1518 |
| 01/06/2023 | 05/06/2023 | 0.1495 |
| 01/05/2023 | 03/05/2023 | 0.1520 |
| 03/04/2023 | 05/04/2023 | 0.1503 |
| 01/03/2023 | 05/03/2023 | 0.0980 |
| 01/02/2023 | 05/02/2023 | 0.0894 |
| 17/01/2023 | 19/01/2023 | 0.1148 |
| 01/12/2022 | 05/12/2022 | 0.0896 |
Portfolio Data
Total Number of Holdings: 30
Number of Bond Holdings: 0
Number of Equity Holdings: 1
Total Market Value: 36,737,130
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | Nuveen Credit Strategies Income | 1.3393 | 668,529 | 0 | 3,556,574 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 0.00 |
| Large | 0.06 |
| Medium | 3.79 |
| Small | 0.00 |
| Micro | 0.03 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
6.6477
Price/Book*
1.0585
Price/Sales*
1.5672
Price/Cash Flow*
3.0444
Dividend Yield*
14.4964
Growth Measures
Long-Term Earnings
23.6191
Historical Earnings
49.7569
Sales Growth
-2.3548
Cash-Flow Growth
117.1272
Book-Value Growth
-24.8022
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
0
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 9.82 |
| Average Effective Maturity (Years)* | 13.18 |
| Average Credit Quality | 12.00 |
| Average Weighted Coupon* | 5.87 |
| Average Weighted Price* | 90.31 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 4.19 |
| AA | 24.89 |
| A | 12.27 |
| BBB | 32.38 |
| BB | 17.13 |
| B | 9.54 |
| Below B | 2.82 |
| Not Rated | -3.22 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 6.42 |
| 3 to 5 Years | 11.11 |
| 5 to 7 Years | 8.96 |
| 7 to 10 Years | 8.91 |
| 10 to 15 Years | 6.67 |
| 15 to 20 Years | 9.83 |
| 20 to 30 Years | 21.00 |
| Over 30 Years | 6.32 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 1.04 |
| 91 to 182 Days | 1.18 |
| 183 to 364 Days | 1.29 |
Data Source: Morningstar
© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.
Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.
