Riverfront Strategic Income Fund (RIGS)
| Assets | $142.60M |
| NAV | $24.48 |
| Expense Ratio | 0.48% |
| PE Ratio | n/a |
| Shares Out | 5.83M |
| Dividend (ttm) | $0.63 |
| Dividend Yield | 2.59% |
| Ex-Dividend Date | Nov 10, 2021 |
| 1-Year Return | -0.57% |
| Volume | 18,771 |
| Open | 24.64 |
| Previous Close | 24.52 |
| Day's Range | 24.40 - 24.60 |
| 52-Week Low | 24.46 |
| 52-Week High | 24.46 |
| Beta | 0.23 |
| Holdings | 108 |
| Inception Date | Oct 9, 2013 |
About RIGS
The investment seeks total return, with an emphasis on income as the source of that total return. The fund seeks to achieve its investment objective by investing in a global portfolio of fixed income securities of various maturities, ratings and currency denominations. The fund utilizes various investment strategies in a broad array of fixed income sectors. The fund may purchase fixed income securities issued by U.S. or foreign corporations or financial institutions, including debt securities of all types and maturities, convertible securities and preferred stocks.
Top 10 Holdings
26.41% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash Equivalent | N/A | 11.78% |
| United States Treasury Bond 1.125 02/15/2031 | T 1.125 02.15.31 | 3.65% |
| United States Treasury Bond 2.00 02/15/2050 | T 2 02.15.50 | 1.69% |
| CIT Group Inc. 5.00 08/15/2022 | 125581GQ | 1.53% |
| T-Mobile USA Inc. 2.625 04/15/2026 | 87264ABU | 1.36% |
| PulteGroup Inc. 5.50 03/01/2026 | PHM 5.5 03.01.26 | 1.30% |
| JPMorgan Chase & Co. 4.25 10/01/2027 | 46625HNJ | 1.29% |
| Citigroup Inc. 4.45 09/29/2027 | 172967KA | 1.29% |
| Bank of America Corp. 4.25 10/22/2026 | BAC 4.25 10.22.26 MTN | 1.27% |
| Vistra Operations Co. LLC 3.55 07/15/2024 | 92840VAD | 1.25% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 10, 2021 | $0.0442 | Nov 18, 2021 |
| Oct 21, 2021 | $0.04273 | Oct 28, 2021 |
| Sep 23, 2021 | $0.042 | Sep 30, 2021 |
| Aug 19, 2021 | $0.05992 | Aug 26, 2021 |
| Jul 22, 2021 | $0.0415 | Jul 29, 2021 |
| Jun 17, 2021 | $0.04716 | Jun 24, 2021 |
News
Adapting to Challenges in Today's Fixed Income Markets
As we explore the current fixed income market, investors should consider the risks associated with inflation and consider alternative strategies on the loan and credit space. In the recent webcast, Beyo...
Beyond Basic Bonds: Innovative ETF Strategies to Fix Fixed Income
With yields remaining stubbornly low and inflation in the spotlight, income-minded investors will have to think outside the box to find attractive opportunities. Yet the “outside the box” moniker has ty...