RVNU
Xtrackers Municipal Infrastructure Revenue Bond ETF
📎 Investment Objective
The Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) seeks to provide investment results that closely correspond to the performance of the Solactive Municipal Infrastructure Revenue Bond Index.
Overview
ETF tracking Xtrackers Municipal Infrastructure Revenue Bond ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) seeks to provide investment results that closely correspond to the performance of the Solactive Municipal Infrastructure Revenue Bond Index.
🎯 Investment Strategy
The fund invests in a portfolio of municipal bonds that are intended to provide exposure to the municipal infrastructure revenue bond market. The portfolio is designed to track the Solactive index, which is composed of investment-grade, tax-exempt municipal bonds issued to finance infrastructure projects.
✨ Key Features
- Focuses on municipal bonds issued to fund infrastructure projects such as roads, bridges, utilities, and public facilities
- Seeks to provide exposure to the municipal infrastructure revenue bond market
- Passively managed to track the Solactive Municipal Infrastructure Revenue Bond Index
- Potential tax-advantaged income for eligible investors
⚠️ Primary Risks
- Interest rate risk: The value of the fund's holdings may decline if interest rates rise
- Credit risk: The fund is exposed to the risk of default or downgrade of the municipal bonds it holds
- Liquidity risk: The municipal bond market may experience periods of lower liquidity, which could affect the fund's ability to sell its holdings
- Concentration risk: The fund's focus on municipal infrastructure bonds may make it more vulnerable to factors affecting that sector
👤 Best For
RVNU may be suitable for investors seeking exposure to the municipal bond market, with a focus on infrastructure-related projects. It could be a component of a diversified fixed-income portfolio for investors in higher tax brackets who are looking for tax-advantaged income and relatively low-risk exposure to the municipal bond market.
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