Key stats
About RiverFront Dynamic US Dividend Advantage ETF
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Inception date
Jun 6, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ALPS Advisors, Inc.
Distributor
ALPS Portfolio Solutions Distributor, Inc.
ISIN
US00162Q5282
RFDAs active management attempts to pick winners from the entire US equity market. RiverFront, the funds sub-adviser, chooses holdings based on a proprietary system which considers multiple factors, including value, quality, momentum, and dividend yield, on top of the usual market cap and liquidity screens. RFDAs dividend focus sets itself apart from standard dividend strategies by contextualizing each eligible securitys dividend yield to its respective sector, instead of comparing against the entire market.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Finance
Technology Services
Stock breakdown by region
Top 10 holdings
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.
RFDA assets under management is 84.12 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.
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.
RFDA invests in stocks. See more details in our Analysis section.
RFDA expense ratio is 0.52%. 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, RFDA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, RFDA pays dividends to its holders with the dividend yield of 1.92%.
RFDA shares are issued by SS&C Technologies Holdings, Inc.
RFDA 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 Jun 6, 2016.
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.