RTAIRareview Tax Advantaged Income ETF

Grow my money Get income5y track recordRanked #1,516 of 1,622 in this goal

Seeks total return with an emphasis on providing current income, a substantial portion of which will be exempt from federal income taxes.

By Rareview Capital · Launched 2020

Annual Cost

4.59%

#5,553 of 5,562 · expensive

Fund Size

$18M

#4,427 of 5,562 · small

Return (1Y)Goal

+11.1%

Track Record

5 years

#2,219 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,151+11.5%

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 = 98.2% of fundconcentrated

BlackRock MuniHoldings Fund Inc

13.5%

Neuberger Municipal Fund Inc

12.5%

Blackrock Muniyield Quality Fund III Inc

11.3%

BLACKROCK MUNIYIELD FUND, INC.

11.2%

BLACKROCK MUNICIPAL INCOME TRUST

10.9%

Western Asset Managed Municipals Fund Inc

10.9%

BlackRock Municipal Income Trust II

9.1%

Invesco Municipal Trust

8.3%

Invesco Municipal Opportunity Trust

7.4%

BLACKROCK MUNICIPAL INCOME QUALITY TRUST

3.1%

Asset allocation

Bonds

107.9%

Cash

0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

6.7%Low

Year-on-year price swings

Max drawdown

-34.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.44Below average

Sortino (3Y)

0.63Moderate downside risk

Bond profile

Duration

5.2 years

Avg maturity

10.0 years

Credit ratings

AAA

8.2%

43.3%

24.4%

BBB

11.8%

3.1%

0.5%

Below B

0.3%

Other

8.5%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks total return with an emphasis on providing current income, a substantial portion of which will be exempt from federal income taxes.
Strategy: Invests principally in unaffiliated closed-end funds, focusing on those trading at a discount or premium to NAV that pay regular cash distributions. May employ a dividend capture strategy and invest up to 30% in municipal or short-term Treasury ETFs for better opportunities. The Fund may also use derivatives for hedging and engage in frequent transactions, resulting in a higher turnover rate.
Inception date: October 20, 2020
Fund family: Rareview Capital