RTAIRareview Tax Advantaged Income ETF

Grow my money Get income5y track recordRanked #1,563 of 1,706 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%

#6,030 of 6,040 · expensive

Fund Size

$18M

#4,636 of 6,040 · small

Return (1Y)

-2.5%

Track Record

5 years

#2,189 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$9,760-2.4%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Holdings

By weight

Concentration

Top 10 holdings = 99.1% of fundconcentrated

BLACKROCK MUNIHOLDINGS FUND, INC.

17.0%

Blackrock Muniyield Quality Fund III Inc

13.2%

BLACKROCK MUNIYIELD QUALITY FUND, INC.

13.1%

Neuberger Municipal Fund Inc

12.9%

ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC.

12.3%

EATON VANCE MUNICIPAL BOND FUND

11.3%

Western Asset Managed Municipals Fund Inc

10.8%

BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC.

5.0%

Invesco Municipal Trust

2.5%

Nyli Mackay Definedterm Muni Opportunities Fund

0.9%

Asset allocation

Bonds

67.4%

Other

31.5%

Cash

1.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

7.0%Low

Year-on-year price swings

Max drawdown

-34.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.31Below average

Sortino (3Y)

0.45Moderate downside risk

Bond profile

Duration

5.3 years

Avg maturity

9.9 years

Credit ratings

AAA

8.4%

42.4%

24.2%

BBB

11.3%

3.0%

0.8%

Below B

0.7%

Other

9.2%

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 primarily in unaffiliated closed-end funds, particularly municipal bond funds trading at a discount or premium to NAV, to generate current income. May also invest in municipal or short-term Treasury ETFs and employ a dividend capture strategy.
Inception date: October 20, 2020
Fund family: Rareview Capital