Key stats
About Rareview Dynamic Fixed Income ETF
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Inception date
Oct 21, 2020
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rareview Capital LLC
Distributor
Foreside Fund Services LLC
RDFI invests in fixed income CEFs that pay regular periodic distributions. The Adviser uses top-down macro analysis to select CEFs that best fit within sub-asset classes believed to mimic the broader fixed income market. Selection is based on a quantitative approach that measures the relative premium/discount of each CEF the Adviser believes will generate the highest levels of after-tax income. As a result, the portfolio provides broad exposure to fixed income securities, including corporate, municipal, convertible bonds, leveraged loans, mortgage-backed securities, US high yield, as well as aggregate and emerging market fixed income. The portfolio holdings can be of any credit quality and maturity. The weighting to each asset class is determined by a top-down macro model measure of relative risk levels and expected return. RDFI invests primarily in CEFs but may invest up to 30% in ETFs. Due to the nature of CEFs, investors should anticipate a higher turnover rate.
Classification
What's in the fund
Exposure type
Mutual fund
ETF
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RDFI trades at 23.09 USD today, its price has risen 0.16% in the past 24 hours. Track more dynamics on RDFI price chart.
RDFI net asset value is 23.09 today — it's risen 2.47% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RDFI assets under management is 49.10 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RDFI price has risen by 1.91% over the last month, and its yearly performance shows a 0.23% increase. See more dynamics on RDFI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.47% over the last month, showed a −1.82% decrease in three-month performance and has increased by 9.20% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.47% over the last month, showed a −1.82% decrease in three-month performance and has increased by 9.20% in a year.
RDFI fund flows account for 12.04 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RDFI invests in funds. See more details in our Analysis section.
RDFI expense ratio is 4.46%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RDFI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, RDFI technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RDFI shows the sell signal. See more of RDFI technicals for a more comprehensive analysis.
Today, RDFI technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RDFI shows the sell signal. See more of RDFI technicals for a more comprehensive analysis.
Yes, RDFI pays dividends to its holders with the dividend yield of 8.52%.
RDFI trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RDFI shares are issued by Neil Azous Revocable Trust
RDFI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 21, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.