Fund Description
The Fund s portfolio is constructed through a two-step process, with the first step setting the allocation among different fixed income asset classes and the second step determining security selection within those asset classes. The allocation across long-term, medium-term and short-term investment grade securities, long-term and short-term high yield securities and emerging market debt is determined by a quantitative methodology. The methodology models historical returns as a function of initial valuation conditions and creates estimates of potential returns and downside risks consistent with historical market behavior. These capital market assumptions are incorporated into a patent-pending Mean Reversion Optimization (MRO) process to produce the index weighting within each of the major fixed income asset classes. The objective of this optimization is to construct a combination of fixed income asset classes that are expected to have a high probability of generating a positive potential total return over a five-year investment horizon.
Fund Profile
Fund Name RiverFront Dynamic Core Income ETF
Fund Exchange Ticker RFCI
Fund Sponsor ALPS
Fund ISIN US00162Q5365
Net Expense Ratio 0.54 %
Fund Inception Date 14 June 2016
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Broad Market
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Intermediate (3-10) years
Bond Currency Denomination USD
Key Statistics
Return As of Date 26 November 2021
Asset Under Management 117.58 Million (USD)
1 Month Total Return -0.31 %
Year To Date Return -1.85 %
1 Year Total Return -1.51 %
3 Year Annualized Total Return 4.70 %
NAV 25.2862
Share Outstanding 4,650,000
Top 10 Holdings (26 November 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
Cash Equivalent CASH 0.1185000000
United States Treasury Bond 2.75 02/15/2028 BOND 0.0645000000
United States Treasury Bond 1.875 02/15/2041 BOND 0.0535000000
United States Treasury Bond 1.875 02/15/2051 BOND 0.0392000000
United States Treasury Note 3.00 10/31/2025 BOND 0.0320000000
Broadcom Inc. 3.137 11/15/2035 BOND 0.0201000000
Marathon Oil Corp. 4.40 07/15/2027 BOND 0.0200000000
Ford Motor Co. 9.625 04/22/2030 BOND 0.0198000000
Iron Mountain Inc. 4.875 09/15/2027 BOND 0.0197000000
United States Treasury Note 2.875 10/31/2023 BOND 0.0186000000