# ALPS Dynamic Core Income ETF (RFCI): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rfci for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: ALPS Funds · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2016-06-13 RFCI offers considerable flexibility in its investment approach and the types of securities it can hold, although it operates within more defined boundaries than fully unconstrained funds. This actively managed fund leverages quantitative analysis and current market conditions to select fixed income securities. Its potential holdings span a wide range, including government debt from the U.S. and other nations, high-yield bonds, emerging market debt, mortgage-backed securities (MBS), asset-backed securities (ABS), convertible bonds, preferred shares, and municipal bonds. Specific allocation... ## Key Facts | Metric | Value | |---|---| | Price | $21.66 | | Expense Ratio | 0.51% | | Assets Under Management | $13.5M | | NAV | $21.66 | | Holdings Count | 109 | | Distribution Yield (TTM) | 4.73% | | Annual Distribution (TTM) | $1.03 /share | | Distribution Frequency | Monthly | | 52-Week Range | $21.24 – $22.96 | | Beta | 0.91 | ## Latest Distribution - Amount: $0.0922 /share - Ex-date: 2026-10-22 - Pay date: 2026-10-27 ## Frequently Asked Questions ### What does RFCI invest in? RFCI offers considerable flexibility in its investment approach and the types of securities it can hold, although it operates within more defined boundaries than fully unconstrained funds. This actively managed fund leverages quantitative analysis and current market conditions to select fixed income securities. Its potential holdings span a wide range, including government debt from the U.S. and other nations, high-yield bonds, emerging market debt, mortgage-backed securities (MBS), asset-backed securities (ABS), convertible bonds, preferred shares, and municipal bonds. Specific allocation limits are in place: a maximum of 20% can be invested in MBS, commercial mortgage-backed (CMBS), or ABS instruments, while high-yield bonds are capped at 15%. Furthermore, investments in both emerging market debt and non-U.S. dollar denominated bonds are each limited to 10% of the portfolio. The fund explicitly states it does not target specific average maturity, credit ratings, or duration metrics. Consequently, due to its active management and less transparent methodologies, an investment decision in RFCI heavily relies on an investor's confidence in the fund's management team. ### What is the expense ratio of RFCI? ALPS Dynamic Core Income ETF (RFCI) charges an expense ratio of 0.51%. This is the annual fee deducted from fund assets to cover management and operations. ### What is RFCI's dividend yield? RFCI's trailing-twelve-month yield is 4.73%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of RFCI? Effective duration measures RFCI's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RFCI's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of RFCI? RFCI's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of RFCI? Yield to maturity (YTM) is the total return you'd earn from RFCI if every bond in the portfolio is held to maturity at the current price. RFCI's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does RFCI pay a dividend? Yes, ALPS Dynamic Core Income ETF (RFCI) distributes dividends to shareholders. The trailing-twelve-month yield is 4.73%. Full dividend history is on this page. ### How often does RFCI pay dividends? ALPS Dynamic Core Income ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is RFCI's next ex-dividend date? The most recently announced ex-dividend date for RFCI was 2026-10-22. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will RFCI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.51% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does RFCI charge its expense ratio? The expense ratio is deducted in tiny daily slices from RFCI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does RFCI cost more than a fund like VOO? RFCI is actively managed (current expense ratio 0.51%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether RFCI's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to RFCI? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as RFCI (0.51%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/rfci - Distribution history: https://www.dividenddata.com/funds/rfci/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rfci/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rfci/expenses - Peer comparison: https://www.dividenddata.com/funds/rfci/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.