ALPS Dynamic Core Income ETF (RFCI): ETF
ETF traded on ARCX under symbol RFCI. Quoted in usd.
ALPS Dynamic Core Income ETF
RFCI offers considerable flexibility in its investment approach and the types of securities it can hold, although it operates within more defined boundaries than fully unconstrained funds. This actively managed fund leverages quantitative analysis and current market conditions to select fixed income securities. Its potential holdings span a wide range, including government debt from the U.S. and other nations, high-yield bonds, emerging market debt, mortgage-backed securities (MBS), asset-backed securities (ABS), convertible bonds, preferred shares, and municipal bonds. Specific allocation limits are in place: a maximum of 20% can be invested in MBS, commercial mortgage-backed (CMBS), or ABS instruments, while high-yield bonds are capped at 15%. Furthermore, investments in both emerging market debt and non-U.S. dollar denominated bonds are each limited to 10% of the portfolio. The fund explicitly states it does not target specific average maturity, credit ratings, or duration metrics. Consequently, due to its active management and less transparent methodologies, an investment decision in RFCI heavily relies on an investor's confidence in the fund's management team.
Largest holdings
- U.S. Treasury Bond 4.75 11/15/20435.50%
- U.S. Treasury Bond 4.00 11/15/20524.27%
- U.S. Treasury Bond 4.75 02/15/20373.93%
- Kinetik Holdings LP 6.625 12/15/20283.89%
- U.S. Treasury Bond 4.375 05/15/20343.88%
- General Motors Financial Co. Inc. 6.40 01/09/20333.41%
- Cash Equivalent3.34%
- Hyatt Hotels Corp. 5.75 04/23/20303.34%
- Ingersoll Rand Inc. 5.70 08/14/20333.33%
- Concentrix Corp. 6.85 08/02/20333.16%
30d
2.91K
60d
8.03K
90d
6.49K