Rockefeller New York Municipal Bond ETFRockefeller New York Municipal Bond ETFRockefeller New York Municipal Bond ETF

Rockefeller New York Municipal Bond ETF

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Compare with Rockefeller New York Municipal Bond ETF



Key stats


Assets under management (AUM)
‪28.06 M‬USD
Fund flows (1Y)
‪11.02 M‬USD
Dividend yield (indicated)
4.33%
Discount/Premium to NAV
0.1%
Shares outstanding
‪1.15 M‬
Expense ratio
0.55%

Details


Issuer
TFG Parent Holdings LLC
Brand
Rockefeller
Inception date
Aug 13, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US45259A8523
CUSIP
45259A852
FIGI
BBG01P7FLBC1
Identifiers
ISIN US45259A8523
CFI code
CEOIBS
RMNY broadly invests in municipal bonds of any maturity that are exempt from federal and New York income tax. The fund may invest up to 25% in bonds rated medium investment grade or lower, including high-yield bonds. The fund may invest in private activity bonds whose interest is a tax-preference item. Shareholders subject to AMT must include distributions from private activity bonds in their calculations. The fund may have exposure of up to 35% from inverse floaters through municipal tender option bond financing transactions. The fund intends to invest heavily in bonds with higher issuance volumes, which may include those from Puerto Rico that are exempt from New York income taxes. In addition, the fund may invest in dirt bonds like tobacco settlement bonds. A portion of assets may be invested in securities that pay taxable interest. The actively managed fund may consider relative value, market supply/demand, market dislocations, and siuation-specific opportunities.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
New York
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal104.52%
Cash−4.52%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RMNY trades at 24.45 USD today, its price has risen 0.14% in the past 24 hours. Track more dynamics on RMNY price chart.
RMNY net asset value is 24.40 today — it's fallen 0.73% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RMNY assets under management is ‪28.06 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RMNY price has fallen by −1.01% over the last month, and its yearly performance shows a 2.82% increase. See more dynamics on RMNY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.73% over the last month, have fallen by −0.73% over the last month, showed a 0.86% increase in three-month performance and has increased by 7.26% in a year.
RMNY fund flows account for ‪11.02 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RMNY invests in bonds. See more details in our Profile section.
RMNY expense ratio is 0.55%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RMNY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, RMNY technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RMNY shows the sell signal. See more of RMNY technicals for a more comprehensive analysis.
Yes, RMNY pays dividends to its holders with the dividend yield of 4.33%.
RMNY trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RMNY shares are issued by TFG Parent Holdings LLC
RMNY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 13, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.