RIGS

RiverFront Strategic Income Fund

$23.14
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The RiverFront Strategic Income Fund (RIGS) seeks to provide current income and capital appreciation.

Overview

ETF tracking RiverFront Strategic Income Fund

Category Value
Issuer Other
Inception Date 2013-10-09
Market Cap $92.0M
Average Volume N/A
Dividend Yield 3.99%
52-Week Range $22.20 - $23.92
VWAP $23.15

Performance

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Investment Summary

📎 Investment Objective

The RiverFront Strategic Income Fund (RIGS) seeks to provide current income and capital appreciation.

🎯 Investment Strategy

RIGS invests in a diversified portfolio of fixed income securities, including U.S. government bonds, corporate bonds, mortgage-backed securities, and other debt instruments. The fund aims to generate income while also providing potential for capital growth through active management and strategic allocation across different fixed income sectors.

✨ Key Features

  • Diversified fixed income exposure across government, corporate, and mortgage-backed securities
  • Actively managed to adapt to changing market conditions
  • Potential for both current income and capital appreciation
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline when interest rates rise
  • Credit risk: The fund is exposed to the risk of default by the issuers of the debt securities it holds
  • Liquidity risk: Some fixed income securities may be difficult to sell, especially during times of market stress
  • Reinvestment risk: When interest rates fall, the fund may have to reinvest coupon payments or proceeds from sales of securities at lower rates

👤 Best For

RIGS may be suitable for investors seeking a diversified fixed income allocation with the potential for both current income and capital appreciation. The fund's active management and broad exposure to different fixed income sectors may appeal to investors looking to navigate changing market conditions. However, investors should be aware of the risks associated with fixed income investments, particularly interest rate and credit risk.