RIGS
Fund Stats as of 05/18/2018
Symbol RIGS
Listing Exchange NYSE Arca
CUSIP 00162Q 783
ISIN US00162Q7833
Inception Date 10/07/2013
Dividends Paid Monthly
Fund Type Exchange Traded Fund
Market Price $24.38
Last Trade Price $24.40
NAV $24.46
NAV Change $0.02
Total Net Assets $228,723,738
Total Market Value $226,854,884
Premium/Discount(%) -0.33%
Difference ($) $-0.08
Volume 17,608
Shares Outstanding 9,350,000
Expenses as of 03/31/2018
Management Fee0.46%
Other Expenses0.01%
Total Operating Expenses 0.47%
Fee Waiver-0.30%
Net Expense Ratio0.17%
Yield Data as of 04/30/2018
30 Day SEC4.17%
30 Day SEC Unsubsidized3.87%
Fund Resources
Statement of Additional Information 
Quarterly Fact Sheet 
Statutory Prospectus 
Summary Prospectus 
Resource Library  

Fund Description

The Fund utilizes various investment strategies in a broad array of fixed income sectors. The Fund allocates its investments based upon the analysis of RiverFront Investment Group, LLC of the pertinent economic and market conditions, as well as yield, maturity and currency considerations.

Rating Breakdown (Excluding Cash) as of 3/31/2018

BBB

14.94%

BB

59.11%

B

22.70%

NR

3.25%

Maturity Breakdown (% of Total Investments, as of 3/31/2018)^

0 - 1 Years

3.55%

1 - 3 Years

18.63%

3 - 5 Years

38.98%

5 - 7 Years

27.46%

7 - 10 Years

8.12%

10+ Years

3.26%

Market Sector Breakdown (% of Total Investments, as of 3/31/2018)^*

Corporate Debt

96.75%

Government Debt

3.25%

* Exclusive of cash positions.

^Future holdings are subject to change.

Blend of a security's Moody's, S&P, Fitch, and DBRS ratings. The rating agencies are evenly weighted when calculating the composite. It is calculated by taking the average of the existing ratings, rounded down to the lower rating in case the composite is between two ratings. A composite will not be generated if the bond is rated by only one of the four rating agencies. This composite is not intended to be a credit opinion.

Investment Objective

The Fund seeks total return, with an emphasis on income as the source of that total return.

Investable Securities

  • US and Foreign government and corporate debt
  • High yield bonds
  • Emerging market bonds
  • Mortgage backed securities (MBS)
  • Commercial mortgage backed securities (CMBS)
  • Asset backed securities (ABS)
  • Convertible bonds
  • Preferred securities
  • Municipal bonds

Fund Characteristics as of 3/31/2018

Modified Duration 3.21
30 Day SEC Yield1 4.32%
30 Day SEC Yield (Unsubsidized)2 4.02%

1 The 30 day SEC yield figure reflects the dividends and interest earned during the period, after the deduction of the Fund’s expenses.

2 The 30 day SEC Yield (Unsubsidized) figure reflects the dividends and interest earned during the period, after the deduction of the Fund’s expenses, excluding fee waivers.