RTAI

Rareview Tax Advantaged Income ETF

Bloomberg Municipal TR USD

NAV as of 21-Sep-2023

18.8900

4 Week: 18.89 - 19.66

52 Week: 18.81 - 21.63

Latest Closing Price

18.95

Premium / Discount

-0.04

Expense Ratio

2.76%

Investment Objective

The investment seeks total return with an emphasis on providing current income, a substantial portion of which will be exempt from federal income taxes. Under normal market conditions, the fund will invest in municipal bond closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. While it will invest primarily in closed-end funds, the fund may invest up to 30% of its assets in municipal or short term Treasury ETFs if in the adviser's discretion, the ETFs will provide a better investment opportunity or liquidity for the asset class.

Main Fund Characteristics

Fund Manager:
Rareview Capital
Asset Under Management:
19,623,986
Launch Date:
19/10/2020
Asset Class:
Fixed Income
Replication Method:
Not Applicable
Number of Holdings:
11
Trading Currency:
USD
Style:
Region/Sector/Strategy:
N.A / Municipal / Long Term
Exchange:
CBOEBZX

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD-8.320.60-13.87
1 Day0.340.000.00
1 Week-0.941.36-0.69
1 Month-3.011.82-1.66
3 Months-6.254.12-1.52
6 Months-6.986.13-1.14
1 Year-6.8710.67-0.64
2 Years-34.1114.87-2.29
3 Years0.000.000.00
5 Years0.000.000.00
10 Years0.000.000.00

Price History

-

Annual Performance Return

2013201420152016201720182019202020212022
Price (%) 0.00000.00000.00000.00000.00000.00000.00000.000010.8074-22.6643
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 0.00000.00000.00000.00000.00000.00000.00000.00002.0000100.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
04/09/202306/09/20230.0524
04/07/202306/07/20230.0513
01/06/202305/06/20230.0588
01/05/202303/05/20230.0462
03/04/202305/04/20230.0485
01/03/202305/03/20230.0430
01/02/202305/02/20230.0505
03/01/202305/01/20230.0608
01/12/202205/12/20220.0624
01/11/202203/11/20220.0689

Portfolio Data

Total Number of Holdings: 11

Number of Bond Holdings: 0

Number of Equity Holdings: 0

Total Market Value: 19,623,986

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
1Nuveen AMT-Free Quality Muni Inc11.6210191,49802,267,336
2Edm2 06/13/22 P99.06259.148880001,785,000

Country Exposure

Regional Exposure

America

Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio
N.A

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

Value Measures

Price/Prospective Earnings*

0.0000

Price/Book*

0.0000

Price/Sales*

0.0000

Price/Cash Flow*

0.0000

Dividend Yield*

0.0000

Growth Measures

Long-Term Earnings

0.0000

Historical Earnings

0.0000

Sales Growth

0.0000

Cash-Flow Growth

0.0000

Book-Value Growth

0.0000

*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings

0

Bond Statitics

DetailValue
Average Effective Duration13.74
Average Effective Maturity (Years)*19.74
Average Credit Quality10.00
Average Weighted Coupon*4.95
Average Weighted Price*94.18

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
AAA5.40
AA28.22
A31.30
BBB14.12
BB5.35
B0.97
Below B0.22
Not Rated14.42

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years1.69
3 to 5 Years1.99
5 to 7 Years2.79
7 to 10 Years6.08
10 to 15 Years12.06
15 to 20 Years19.46
20 to 30 Years57.90
Over 30 Years12.19
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days0.16
183 to 364 Days0.21

Data Source: Morningstar

© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:

(1) include the proprietary information of Morningstar and Morningstar’s third party licensors;
(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.

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