FLDZ

RiverNorth Patriot ETF

$28.66
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The RiverNorth Patriot ETF seeks to provide total return by investing in a portfolio of U.S. government securities and other fixed income instruments.

Overview

ETF tracking RiverNorth Patriot ETF

Category Other
Issuer Other
Inception Date 2025-06-16
Market Cap $4.3M
Average Volume N/A
Dividend Yield 1.12%
52-Week Range $24.69 - $30.19
VWAP $28.73

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The RiverNorth Patriot ETF seeks to provide total return by investing in a portfolio of U.S. government securities and other fixed income instruments.

🎯 Investment Strategy

The fund invests primarily in U.S. government bonds, Treasuries, and other fixed income securities. The portfolio is actively managed to take advantage of opportunities in the government bond market.

✨ Key Features

  • Focuses on U.S. government-backed fixed income securities
  • Actively managed portfolio to capitalize on market conditions
  • Low expense ratio of 0.00%
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Interest rate risk as bond prices decline when rates rise
  • Credit risk if the U.S. government's creditworthiness declines
  • Limited diversification as the fund is focused on government bonds
  • Lack of performance history to evaluate long-term returns

👤 Best For

The RiverNorth Patriot ETF may be suitable for conservative investors seeking exposure to U.S. government-backed fixed income as a core portfolio holding or for diversification. However, the lack of performance history means investors should carefully consider the risks before investing.