RMCARockefeller California Municipal Bond ETF

Get income1y track recordRanked #1,329 of 1,622 in this goal

Seeks income exempt from U.S. federal and California state income tax.

By Rockefeller Global Investment Management · Launched 2024

Annual Cost

0.55%

#2,811 of 5,562 · average

Fund Size

$18M

#4,419 of 5,562 · small

Dividend YieldGoal

4.37%

Track Record

1 year

#3,735 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,767+7.7%

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 = 32.8% of fund✓ well diversified

State of California

3.7%

California Municipal Finance Authority

3.6%

Burbank-Glendale-Pasadena Airport Authority Brick

3.6%

Lammersville Joint Unified School District

3.6%

California Housing Finance Agency

3.5%

Downey Unified School District

3.3%

California School Facilities Financing Authority

3.2%

City of Los Angeles Department of Airports

2.9%

CALIFORNIA PUBLIC FIN AUTH SEN

2.8%

CALIFORNIA CMNTY CHOICE FING A

2.6%

Asset allocation

Bonds

99.8%

Cash

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.6%Low

Year-on-year price swings

Max drawdown

-6.0%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

5.0 years

Avg maturity

9.5 years

Credit ratings

AAA

1.4%

27.6%

26.1%

BBB

9.4%

4.8%

Below B

1.8%

Other

28.8%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks income exempt from U.S. federal and California state income tax.
Strategy: Actively invests primarily in California municipal bonds to generate tax-exempt income. The Fund may also utilize inverse floating rate bonds and other fixed income instruments, focusing on longer-term securities for higher yields.
Inception date: August 12, 2024
Fund family: Rockefeller Global Investment Management