- What does RTAI invest in?
- Under normal market conditions, the fund will invest in municipal bond closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. While it will invest primarily in closed-end funds, the fund may invest up to 30% of its assets in municipal or short term Treasury ETFs if in the adviser's discretion, the ETFs will provide a better investment opportunity or liquidity for the asset class. It is non-diversified.
- What is the expense ratio of RTAI?
- Rareview Tax Advantaged Income ETF (RTAI) charges an expense ratio of 4.72%. This is the annual fee deducted from fund assets to cover management and operations.
- What is RTAI's dividend yield?
- RTAI's trailing-twelve-month yield is 4.97%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of RTAI?
- Effective duration measures RTAI's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RTAI's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of RTAI?
- RTAI'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 RTAI?
- Yield to maturity (YTM) is the total return you'd earn from RTAI if every bond in the portfolio is held to maturity at the current price. RTAI'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.
