RTAI
Rareview Tax Advantaged Income ETFRTAI 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.
RTAI Summary Data
RTAI Portfolio Data
RTAI Index Data
RTAI Portfolio Management
RTAI Tax Exposures
RTAI Fund Structure
RTAI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RTAI. RTAI is rated a 1 out of 5.
RTAI Tradability
RTAI Top 10 Holdings[View All]
RTAI Performance Statistics
RTAI Holdings Statistics
RTAI Avg Life Maturity Distribution
RTAI OAS Breakdown
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use