RiverFront Asset Allocation Growth & Income Class Investor (RLGAX)
| Fund Assets | 77.81M |
| Expense Ratio | 0.92% |
| Min. Investment | $2,500 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 2.76% |
| Dividend Growth | -57.53% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 27, 2024 |
| Previous Close | 13.96 |
| YTD Return | 9.08% |
| 1-Year Return | 12.85% |
| 5-Year Return | 33.55% |
| 52-Week Low | 11.54 |
| 52-Week High | 14.14 |
| Beta (5Y) | 1.01 |
| Holdings | 22 |
| Inception Date | Aug 2, 2010 |
About RLGAX
The adviser and sub-adviser seek to achieve the fund's investment objective by strategically investing in, and tactically adjusting allocations to, exchange-traded funds (ETFs) that, under normal market conditions, are expected to consist of ETFs sub-advised by RiverFront as well as unaffiliated ETFs. The fund also seeks, under normal market conditions, a target asset allocation, on a look-through basis, of 60% to equities and 40% to fixed-income securities.
Performance
RLGAX had a total return of 12.85% in the past year. Since the fund's inception, the average annual return has been 1.74%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VASGX | Vanguard | Vanguard LifeStrategy Growth Fund Investor Shares | 0.14% |
| VGWLX | Vanguard | Vanguard Global Wellington Fund Investor Shares | 0.50% |
| VWELX | Vanguard | Vanguard Wellington™ Fund Investor Shares | 0.26% |
| VGSTX | Vanguard | Vanguard Star Fund Investor Shares | 0.31% |
| VSMGX | Vanguard | Vanguard LifeStrategy Moderate Growth Fund Investor Shares | 0.13% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RLIIX | Class I | 0.67% |
| RAGIX | Class A | 0.92% |
| RLGCX | Class C | 1.67% |
Top 10 Holdings
82.61% of assets| Name | Symbol | Weight |
|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | RFDA | 19.51% |
| First Trust Riverfront Dynamic Developed International ETF | RFDI | 13.52% |
| JPMorgan Equity Premium Income ETF | JEPI | 10.80% |
| Vanguard Long-Term Corporate Bond ETF | VCLT | 9.34% |
| iShares Core S&P 500 ETF | IVV | 6.91% |
| Riverfront Dynamic Core Income ETF | RFCI | 6.47% |
| iShares U.S. Technology ETF | IYW | 5.25% |
| ALPS Active Equity Opportunity ETF | RFFC | 3.76% |
| First Trust Riverfront Dynamic Emerging Markets ETF | RFEM | 3.60% |
| State Street Instl Trs Pls MMkt Premier | TPIXX | 3.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | $0.11151 | Jun 28, 2024 |
| Mar 21, 2024 | $0.05019 | Mar 22, 2024 |
| Dec 22, 2023 | $0.10514 | Dec 26, 2023 |
| Sep 20, 2023 | $0.11608 | Sep 21, 2023 |
| Jun 21, 2023 | $0.05342 | Jun 22, 2023 |
| Mar 22, 2023 | $0.08612 | Mar 23, 2023 |