RMOPRockefeller Opportunistic Municipal Bond ETF

Get income1y track recordRanked #940 of 1,622 in this goal

Seeks current income exempt from federal income tax and long-term capital appreciation.

By Rockefeller Global Investment Management · Launched 2024

Annual Cost

0.80%

#4,189 of 5,562 · expensive

Fund Size

$391M

#1,767 of 5,562 · large

Dividend YieldGoal

5.22%

Track Record

1 year

#3,735 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,942+9.4%

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 = 23.0% of fund✓ well diversified

Worthington City School District

3.5%

Texas Transportation Finance Corp

3.5%

County of Miami-Dade FL Water & Sewer System Reven

3.4%

Travis County Healthcare District

2.8%

New York City Transitional Finance Authority Futur

2.7%

New York City Housing Development Corp

1.7%

New York City Municipal Water Finance Authority

1.5%

COLORADO ST HLTH FACS AUTH REV

1.4%

ONTARIO CNTY NY LOCAL DEV CORP

1.3%

Charlotte-Mecklenburg Hospital Authority/The

1.3%

Asset allocation

Bonds

100.1%

Cash

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.8%Low

Year-on-year price swings

Max drawdown

-6.7%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

5.6 years

Avg maturity

10.1 years

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks current income exempt from federal income tax and long-term capital appreciation.
Strategy: Invests primarily in municipal bonds, focusing on those with lower investment ratings, including high-yield bonds. The Fund may also utilize inverse floating rate bonds to enhance tax-exempt income and improve overall returns.
Inception date: August 12, 2024
Fund family: Rockefeller Global Investment Management