Easterly ROCMuni High Inc Muncpl Bd I (RMHIX)
| Fund Assets | 8.80M |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 8.25% |
| Dividend Growth | -3.35% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 2.180 |
| YTD Return | -68.06% |
| 1-Year Return | -67.84% |
| 5-Year Return | -69.25% |
| 52-Week Low | 2.000 |
| 52-Week High | 6.920 |
| Beta (5Y) | 0.14 |
| Holdings | n/a |
| Inception Date | n/a |
About RMHIX
Easterly Rocco Multimanager Municipal Income Fund is a mutual fund that primarily aims to provide current income exempt from regular federal income tax. This fund, managed by seasoned professionals with deep expertise in municipal bond investing, employs a diversified, high-yield strategy focused on municipal securities. By investing at least 80% of its assets in municipal bonds, the fund seeks to deliver yield-driven total returns through intensive bottom-up credit analysis, targeting under-valued and often overlooked sectors within the municipal bond market. Its portfolio construction emphasizes rigorous credit evaluation and relative value-based security selection, ensuring a blend of risk-adjusted yield and diversification. The fund is designed to appeal to investors seeking tax-aware income solutions and plays a significant role in the tax-exempt fixed income segment, serving private wealth and institutional clients with strategies that balance current income with long-term total return objectives.
Performance
RMHIX had a total return of -67.84% in the past year, including dividends. Since the fund's inception, the average annual return has been -6.67%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.0355 | May 1, 2025 |
| Mar 31, 2025 | $0.03599 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03601 | Mar 3, 2025 |
| Jan 31, 2025 | $0.03599 | Feb 3, 2025 |
| Dec 31, 2024 | $0.03632 | Jan 2, 2025 |
| Nov 29, 2024 | $0.03553 | Dec 2, 2024 |