Key stats
About LHA Risk-Managed Income ETF
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Inception date
Jun 9, 2023
Structure
Open-Ended Fund
Replication method
Physical
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
Little Harbor Advisors LLC
Distributor
Quasar Distributors LLC
ISIN
US26922B5434
RMIF seeks current income by actively managing a portfolio of broad, fixed-income ETFs while managing risks. The portfolio includes investment grade US corporate bonds and Treasuries, TIPS, preferred stocks, high-yield bonds, floating rate debts, foreign corporate debts, and mortgage- and asset-backed securities. The fund has no maturity or minimum credit rating requirement. The highest-yielding securities are selected based on a proprietary analysis focusing on yield relative to price and volatility trend factors. The fund manages risk using a discretionary allocation approach that adapts to changing market prices and volatility trends. During unfavorable markets, the fund shifts exposure to TIPS, money market instruments, investment grade bonds, or floating rate bonds to preserve capital. Otherwise, it stays in junk bonds, preferred equities, or emerging market bonds to maximize income. Total fees should be accounted for when using a fund-of-funds wrapper.
Related funds
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
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.
RMIF assets under management is 34.26 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.
RMIF invests in funds. See more details in our Analysis section.
RMIF expense ratio is 1.68%. 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, RMIF 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, RMIF pays dividends to its holders with the dividend yield of 5.82%.
RMIF shares are issued by Little Harbor Advisors LLC
RMIF 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 9, 2023.
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.