Key stats
About Rareview Tax Advantaged 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
RTAI is a fund-of-funds, holding US municipal bond CEFs that pay regular periodic cash distributions and are trading at a discount or premium relative to their underlying NAV. The fund is actively managed, aiming to provide current income in the form of capital gains and distributions from its CEFs holdings. To achieve this end, the fund generally sells CEFs shares when its discount-to-NAV has moved significantly above its fair value, as determined by the Adviser. RTAI may also employ a strategy that allows the fund to participate in the dividend distribution by purchasing CEFs shares prior to the ex-dividend date, then selling it after the distribution. Given the funds focus on municipals, a large portion of RTAIs income is federal tax-exempt. The fund primarily invests in CEFs of any credit quality and maturity, but up to 30% of its portfolio may represent municipal or short-term Treasury ETFs. Due to the nature of CEFs, investors should anticipate a higher turnover rate.
Classification
What's in the fund
Exposure type
Mutual fund
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.
RTAI trades at 20.35 USD today, its price has risen 0.40% in the past 24 hours. Track more dynamics on RTAI price chart.
RTAI net asset value is 20.36 today — it's risen 2.14% 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.
RTAI assets under management is 17.11 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.
RTAI price has risen by 1.80% over the last month, and its yearly performance shows a −2.03% decrease. See more dynamics on RTAI price chart.
NAV returns, another gauge of an ETF dynamics, showed a −5.41% decrease in three-month performance and has increased by 3.31% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −5.41% decrease in three-month performance and has increased by 3.31% in a year.
RTAI fund flows account for −1.43 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.
RTAI invests in funds. See more details in our Analysis section.
RTAI expense ratio is 4.72%. 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, RTAI 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, RTAI technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RTAI shows the sell signal. See more of RTAI technicals for a more comprehensive analysis.
Today, RTAI technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RTAI shows the sell signal. See more of RTAI technicals for a more comprehensive analysis.
Yes, RTAI pays dividends to its holders with the dividend yield of 6.25%.
RTAI trades at a premium (0.05%).
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.
RTAI shares are issued by Neil Azous Revocable Trust
RTAI 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.