Fund Description
The Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive Municipal Infrastructure Revenue Bond Index. The index is designed to track the returns of the segment of the U.S. long term tax-exempt bond market, consisting of infrastructure revenue bonds.
Fund Profile
Fund Name X-trackers Municipal Infrastructure Revenue Bond Fund
Fund Exchange Ticker RVNU
Fund Sponsor DWS
Fund ISIN US2330517051
Net Expense Ratio 0.15 %
Fund Inception Date 4 June 2013
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Passive
Index Name DBIQ Municipal Infrastructure Revenue Bond Index
Index Provider Deutsche Bank
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Long (10 + years)
Bond Currency Denomination USD
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 67.69 Million (USD)
1 Month Total Return 0.43 %
Year To Date Return 6.46 %
1 Year Total Return 7.95 %
3 Year Annualized Total Return 2.63 %
NAV 27.63
Share Outstanding 2,450,000
Top 10 Holdings (13 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
Tampa-Hillsborough County Expressway Authority 4.00 07/01/2042 BOND
Metropolitan Transportation Authority New York Revenue 4.00 11/15/2046 BOND
Alabama Federal Aid Highway Finance Authority 5.00 06/01/2037 BOND
New York City Transitional Finance Authority Rev 5.00 02/01/2036 BOND
Bay Area Toll Authority California Toll Bridge Revenue 3.25 04/01/2036 BOND
Las Vegas Convention & Visitors Authority 4.00 07/01/2049 BOND
Burke County Development Authority 4.125 11/01/2045 BOND
Colorado Bridge Enterprise 4.00 06/30/2051 BOND
Louisiana Local Government Environmental Facilities & Community Development Auth 3.50 11/01/2032 BOND
Salt Lake Corp Airport Revenue 5.25 07/01/2048 BOND