RDFIRareview Dynamic Fixed Income ETF

Grow my money Get income5y track recordRanked #1,356 of 1,622 in this goal

Seeks total return with an emphasis on providing current income.

By Rareview Capital · Launched 2020

Annual Cost

4.23%

#5,549 of 5,562 · expensive

Fund Size

$80M

#3,146 of 5,562 · mid-size

Return (1Y)Goal

+8.6%

Track Record

5 years

#2,219 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,835+8.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 41.8% of fundmoderately concentrated

MORGAN STANLEY EMERGING MARKETS DOMESTIC DEBT FUND, INC.

6.2%

Templeton Emerging Markets Income Fund

5.1%

Western Asset Emerging Markets Debt Fund Inc

4.9%

ABRDN ASIA-PACIFIC INCOME FUND, INC.

4.4%

Brookfield Real Assets Income Fund Inc

4.3%

Cohen & Steers Ltd Duration Preferred & Income Fund Inc

3.7%

BlackRock MuniHoldings Fund Inc

3.4%

WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC.

3.4%

Blackrock Muniyield Quality Fund III Inc

3.2%

BLACKROCK MUNIYIELD FUND, INC.

3.2%

Asset allocation

Bonds

90.1%

Other

4.7%

Preferred

3.6%

Stocks

0.8%

Convertible

0.8%

Cash

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

7.1%Low

Year-on-year price swings

Max drawdown

-24.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.82Decent risk-adjusted returns

Sortino (3Y)

1.16Good downside protection

Bond profile

Duration

6.2 years

Avg maturity

9.7 years

Credit ratings

US Government

20.6%

AAA

4.5%

19.6%

9.8%

BBB

18.4%

17.6%

13.3%

Below B

8.0%

Other

8.8%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks total return with an emphasis on providing current income.
Strategy: Invests primarily in unaffiliated closed-end funds, focusing on those trading at a discount or premium to NAV and paying regular cash distributions. The Adviser uses a top-down macro analysis to select funds across various fixed income asset classes, including investment-grade and high-yield corporate bonds, municipal bonds, and mortgage-backed securities. The Fund may also invest in ETFs and derivatives for hedging. Portfolio transactions are frequent, leading to a higher turnover rate.
Inception date: October 20, 2020
Fund family: Rareview Capital