Riverfront Strategic Income Etf Profile
| RIGS Etf | USD 23.20 0.09 0.39% |
Performance0 of 100
| Odds Of DistressLess than 9
|
RiverFront Strategic is selling for under 23.20 as of the 30th of November 2024; that is 0.39 percent increase since the beginning of the trading day. The etf's lowest day price was 23.06. RiverFront Strategic has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for RiverFront Strategic Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing in a global portfolio of fixed income securities of various maturities, ratings and currency denominations. Riverfront Strategic is traded on NYSEARCA Exchange in the United States. More on RiverFront Strategic Income
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RiverFront Etf Highlights
| Thematic Idea | Broad Debt ETFs (View all Themes) |
| Business Concentration | Jakarta Stock Exchange, Broad Debt ETFs, Multisector Bond, ALPS (View all Sectors) |
| Issuer | ALPS |
| Inception Date | 2013-10-08 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 80.21 Million |
| Average Trading Valume | 20,039.9 |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Broad Debt |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | ALPS Fund Services, Inc. |
| Advisor | ALPS Advisors, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Portfolio Solutions Distributor, Inc. |
| Portfolio Manager | Tim Anderson, Rob Glownia, Rebecca Felton |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 91.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.47 |
| Management Fee | 0.46 |
| Country Name | USA |
| Returns Y T D | 3.98 |
| Name | RiverFront Strategic Income Fund |
| Currency Code | USD |
| Open Figi | BBG005CZ6C22 |
| In Threey Volatility | 5.43 |
| 1y Volatility | 5.53 |
| 200 Day M A | 22.9741 |
| 50 Day M A | 23.159 |
| Code | RIGS |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.5) |
RiverFront Strategic Income [RIGS] is traded in USA and was established 2013-10-07. The fund is listed under Multisector Bond category and is part of ALPS family. The entity is thematically classified as Broad Debt ETFs. RiverFront Strategic at this time have 101.21 M in assets. , while the total return for the last 3 years was 1.4%.
Check RiverFront Strategic Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on RiverFront Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding RiverFront Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as RiverFront Strategic Income Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
RiverFront Strategic Top Holders
| RLGCX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity | |
| RLIIX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity | |
| RLGAX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity | |
| RAGIX | Riverfront Asset Allocation | Mutual Fund | Allocation--50% to 70% Equity |
RiverFront Strategic Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in RiverFront Strategic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.29) |
RiverFront Strategic Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RiverFront Strategic Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of RiverFront Strategic is measured differently than its book value, which is the value of RiverFront that is recorded on the company's balance sheet. Investors also form their own opinion of RiverFront Strategic's value that differs from its market value or its book value, called intrinsic value, which is RiverFront Strategic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RiverFront Strategic's market value can be influenced by many factors that don't directly affect RiverFront Strategic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RiverFront Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if RiverFront Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RiverFront Strategic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.