Rareview Dynamic Fixed Income ETF (RDFI)
Rareview Dynamic Fixed Income ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Las Vegas, NY, US. The stock last traded at $21.84, up 0.30% on the session, giving a market capitalisation of $77.6M. Its beta of 1.49 implies it has historically moved more than the broad market.
Under typical market conditions, this fund allocates at least 80% of its total capital (including any funds obtained through borrowing) to closed-end investment vehicles focused on fixed-income assets. These underlying closed-end funds are selected based on whether their market price is below or above their net asset value, and they must consistently issue scheduled cash payments. By investing in these closed-end funds, which themselves hold international fixed-income instruments, the fund gains indirect access to foreign securities, potentially encompassing those from developing markets. It maintains a non-diversified investment strategy.
Rareview Dynamic Fixed Income ETF is most often compared with the following Financial Services names: