RiverFront Strategic Income Fund

Frequently Asked Questions About RIGS

What does RIGS invest in?

The fund seeks to achieve its investment objective by investing in a global portfolio of fixed income securities of various maturities, ratings and currency denominations. The fund utilizes various investment strategies in a broad array of fixed income sectors. The fund may purchase fixed income securities issued by U.S. or foreign corporations or financial institutions, including debt securities of all types and maturities, convertible securities and preferred stocks.

What is the expense ratio of RIGS?

RiverFront Strategic Income Fund (RIGS) charges an expense ratio of 0.46%. This is the annual fee deducted from fund assets to cover management and operations.

What is RIGS's dividend yield?

RIGS's trailing-twelve-month yield is 4.89%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of RIGS?

Effective duration measures RIGS's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RIGS's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of RIGS?

RIGS'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 RIGS?

Yield to maturity (YTM) is the total return you'd earn from RIGS if every bond in the portfolio is held to maturity at the current price. RIGS'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.