Key stats
About Rareview Dynamic Fixed Income ETF
Home page
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
ETF
Stocks1.20%
Finance1.20%
Bonds, Cash & Other98.80%
Mutual fund78.95%
ETF16.16%
Cash3.69%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RDFI invests in funds. The fund's major sectors are Mutual fund, with 78.95% stocks, and ETF, with 16.16% of the basket. The assets are mostly located in the North America region.
RDFI top holdings are SPDR Bloomberg 1-3 Month T-Bill ETF and Western Asset Emerging Markets Debt Fund Inc, occupying 13.64% and 6.42% of the portfolio correspondingly.
RDFI last dividends amounted to 0.16 USD. The month before, the issuer paid 0.16 USD in dividends, which shows a 0.98% decrease.
RDFI assets under management is 49.10 M USD. It's fallen 5.61% over the last month.
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.
Yes, RDFI pays dividends to its holders with the dividend yield of 8.52%. The last dividend (May 5, 2025) amounted to 0.16 USD. The dividends are paid monthly.
RDFI shares are issued by Neil Azous Revocable Trust under the brand Rareview Funds. The ETF was launched on Oct 21, 2020, and its management style is Active.
RDFI expense ratio is 4.46% meaning you'd have to pay 4.46% of your investment to help manage the fund.
RDFI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RDFI invests in funds.
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 trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.