What is AIRR?

AIRR tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
AIRR -7.00% 3.99% 4.49% 7.09% 35.53% 13.00% --
AIRR (NAV) -6.84% 3.98% 4.77% 6.95% 35.38% 13.02% --
Richard Bernstein Advisors American Industrial Renaissance -6.80% 4.17% 4.95% 7.73% 36.42% 13.83% 12.67%
MSCI USA IMI Industrials Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

AIRR Factset Analytics Insight

AIRR is passively managed to select large- and midcap US companies from the Russel 2500 with the following industries: Commercial Services & Supplies, Construction & Engineering, Electrical Equipment, Machinery, and Banks. Firms must also have a positive 12-months forward earnings consensus estimate to be considered in the index. AIRR excludes community banks outside traditional mid-western manufacturing hubs, like Pennsylvania, Wisconsin, Michigan, Ohio, Illinois, Indiana and Iowa. Firms with non-US sales of more than 25% are also excluded. The index is weighted using proprietary portfolio optimization method and ensures that Banks will have a 10% sector cap and issuers will not exceed a 4% weight. The Index is reconstituted and rebalanced quarterly.

AIRR Summary Data

First Trust
03/10/14
0.70%
$301.45M
Richard Bernstein Advisors American Industrial Renaissance
MSCI USA IMI Industrials Index
Open-Ended Fund

Peers

MSCI USA IMI Industrials Index

Fund Flows

+$0.03B 5 Days
+$0.06B 30 Days
+$0.09B 90 Days

AIRR Portfolio Data

$3.99B
22.03
2.03
0.18%
N/A
54

AIRR Index Data

Richard Bernstein Advisors American Industrial Renaissance
Proprietary
Multi-Factor
MSCI USA IMI Industrials Index

AIRR Portfolio Management

0.70%
-0.73%
-0.65%
-0.93%

AIRR Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

AIRR Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/27/23

This measurement shows how easy it is to trade a $1 million USD block of AIRR. AIRR is rated a 5 out of 5.

AIRR Tradability

78,245
$3.77M
50,491
$2.46M
0.18%
$0.08
0.06%
0.32% / -0.35%
None
100.00%
50,000
1.01
0.02%
0.59%
1
$46.11
5

AIRR Sector/Industry Breakdown

AIRR Segment
Benchmark
38.55% --
37.24% --
8.61% --
5.00% --
4.30% --
3.81% --
1.71% --
0.56% --
0.22% --

AIRR Performance Statistics

--
--
--
--
--
MSCI USA IMI Industrials Index

AIRR Countries

AIRR Segment
Benchmark
100.00% --
-- --

AIRR Regions

AIRR Segment
Benchmark
100.00% --

AIRR Economic Development

AIRR Segment
Benchmark
100.00% --
0.00% --

AIRR Benchmark Comparison Holdings

54
--
--
--

AIRR Benchmark Comparison Summary

AIRR Segment
Benchmark
54 --
$3.99B --
22.03 --
2.03 --
0.88% --
Medium --

AIRR Benchmark Comparison Market Cap Size

AIRR Segment
Benchmark
3.15% --
53.62% --
33.78% --
9.25% --