RDFI
Rareview Dynamic Fixed Income ETF
ICE BofA 5-10Y US Corp TR USD
NAV as of
4 Week: 22.15 - 22.94
52 Week: 21.29 - 25.60
Latest Closing Price
22.15
Premium / Discount
0.06
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 | -1.61 | 0.65 | -2.47 |
| 1 Day | -0.40 | 0.00 | 0.00 |
| 1 Week | -1.22 | 0.84 | -1.45 |
| 1 Month | -2.44 | 2.87 | -0.85 |
| 3 Months | -1.62 | 5.21 | -0.31 |
| 6 Months | -0.95 | 7.73 | -0.12 |
| 1 Year | -11.81 | 9.69 | -1.22 |
| 2 Years | -21.61 | 12.08 | -1.79 |
| 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 |
|---|---|---|
| 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 |
| 01/11/2022 | 03/11/2022 | 0.0759 |
| 03/10/2022 | 05/10/2022 | 0.1033 |
| 01/09/2022 | 06/09/2022 | 0.0878 |
| 01/08/2022 | 03/08/2022 | 0.1063 |
| 04/07/2022 | 06/07/2022 | 0.0682 |
| 01/06/2022 | 05/06/2022 | 0.0813 |
Portfolio Data
Total Number of Holdings: 28
Number of Bond Holdings: 2
Number of Equity Holdings: 2
Total Market Value: 53,789,649
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 | 0.05 |
| Medium | 0.00 |
| Small | 0.03 |
| Micro | 0.48 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
7.0431
Price/Book*
1.2954
Price/Sales*
2.0687
Price/Cash Flow*
9.0542
Dividend Yield*
12.0596
Growth Measures
Long-Term Earnings
21.1127
Historical Earnings
123.9253
Sales Growth
-1.8083
Cash-Flow Growth
-30.8711
Book-Value Growth
-29.0334
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
2
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 9.63 |
| Average Effective Maturity (Years)* | 12.62 |
| Average Credit Quality | 11.00 |
| Average Weighted Coupon* | 5.70 |
| Average Weighted Price* | 0 |
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 | 19.72 |
| AA | 12.85 |
| A | 15.29 |
| BBB | 30.61 |
| BB | 14.38 |
| B | 5.85 |
| Below B | 1.71 |
| Not Rated | -0.40 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 6.84 |
| 3 to 5 Years | 8.46 |
| 5 to 7 Years | 6.50 |
| 7 to 10 Years | 7.82 |
| 10 to 15 Years | 8.10 |
| 15 to 20 Years | 12.28 |
| 20 to 30 Years | 27.52 |
| Over 30 Years | 8.78 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 33.81 |
| 183 to 364 Days | 1.67 |
Data Source: Morningstar
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