Robinson Tax Advantaged Income Fund Institutional Class (ROBNX)
| Fund Assets | 227.47M |
| Expense Ratio | 2.92% |
| Min. Investment | $1,000,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.44% |
| Dividend Growth | -0.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 20, 2026 |
| Previous Close | 8.83 |
| YTD Return | 2.06% |
| 1-Year Return | 4.44% |
| 5-Year Return | 15.55% |
| 52-Week Low | 7.91 |
| 52-Week High | 8.94 |
| Beta (5Y) | 0.43 |
| Holdings | 65 |
| Inception Date | Sep 30, 2014 |
About ROBNX
The Robinson Tax Advantaged Income Fund Institutional Class is a mutual fund that primarily focuses on delivering total return with a strong emphasis on providing regular income, much of which is exempt from federal income taxes. This fund is categorized under muni national long portfolios, investing mainly in municipal bonds that finance state and local government public projects. By accessing the municipal bond market through medium of closed-end funds, the fund seeks to capture opportunities to purchase these bonds at discounts to their net asset value, which can potentially enhance yield and capital appreciation. A hallmark of the fund’s approach is a diversified portfolio of municipal bond closed-end funds, managed with a disciplined strategy that prioritizes risk management and limits interest rate exposure through strategic hedging. The fund also strives to monetize inefficiencies in the closed-end fund market, providing broad diversification across issuers, sectors, and geographies. Its income is distributed monthly, and it is managed with a commitment to avoiding volatility and minimizing risk. The fund is typically utilized by investors seeking a tax-advantaged stream of steady income and potential long-term growth, serving an important role in income-oriented and tax-sensitive investment portfolios.
Performance
ROBNX had a total return of 4.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.03%.
Top 10 Holdings
34.47% of assets| Name | Symbol | Weight |
|---|---|---|
| Invesco Trust for Investment Grade Municipals | VGM | 5.11% |
| Invesco Municipal Opportunity Trust | VMO | 4.74% |
| BlackRock Municipal Income Trust | BFK | 4.39% |
| BlackRock Municipal Income Trust II | BLE | 3.63% |
| Umb Ib Money Market Ii | n/a | 3.21% |
| Blackrock Muniyld Mi Com | n/a | 2.80% |
| Eaton Vance Municipal Bond Fund | EIM | 2.78% |
| BlackRock MuniYield Quality Fund, Inc. | MQY | 2.71% |
| Western Asset Managed Municipals Fund Inc. | MMU | 2.61% |
| BlackRock California Municipal Income Trust | BFZ | 2.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 20, 2026 | $0.03583 | Feb 20, 2026 |
| Jan 15, 2026 | $0.03409 | Jan 16, 2026 |
| Nov 19, 2025 | $0.02908 | Nov 19, 2025 |
| Oct 20, 2025 | $0.02798 | Oct 20, 2025 |
| Sep 19, 2025 | $0.02951 | Sep 19, 2025 |
| Aug 19, 2025 | $0.03764 | Aug 19, 2025 |