RTAI

Rareview Tax Advantaged Income ETF
*Unless otherwise stated, data provided by FactSet.

RTAI Fund Description

RTAI actively selects US municipal bond closed-end funds (CEFs), seeking to provide current income

RTAI Factset Analytics Insight

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 CEF’s 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 CEF’s shares prior to the ex-dividend date, then selling it after the distribution. Given the fund’s focus on municipals, a large portion of RTAI’s 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.

PERFORMANCE [as of 07/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RTAI 1.00% 3.96% 9.87% -- -- -- --
RTAI (NAV) 1.54% 4.08% 10.64% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
Barclays Municipal Bond 0.92% 1.21% 1.86% 3.63% 5.25% 3.45% 4.28%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RTAI Summary Data

10/21/20
Open-Ended Fund
1.91%
$12.74M
$98.04K
0.23%

RTAI Portfolio Data

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N/A
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RTAI Index Data

No Underlying Index
Proprietary
Proprietary
Barclays Municipal Bond

RTAI Portfolio Management

1.91%
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RTAI Tax Exposures

20.00% / 39.60%
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Ordinary income
No

RTAI Fund Structure

Open-Ended Fund
No
No
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N/A
N/A
High
Daily

RTAI Factset Analytics Block Liquidity

As of 07/26/21
5
4
3
2
1

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

RTAI Tradability

3,493
$98.04K
1,204
$33.85K
0.23%
$0.07
0.04%
0.49% / -1.73%
None
100.00%
25,000
0.05
0.04%
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0
$28.47
N/A

RTAI Top 10 Holdings[View All]

15.00%
14.19%
13.18%
11.08%
10.99%
8.86%
8.43%
6.08%
5.20%
4.10%
97.10%

RTAI Performance Statistics

0.05
0.74
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RTAI Holdings Statistics

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RTAI Avg Life Maturity Distribution

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RTAI OAS Breakdown

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