Rareview Tax Advantaged Income ETF
$19.34−0.34 (−1.72%)
- Expense ratio
- 5.24%
- Fund size
- $17M
- 1Y return
- −3.2%
- Yield · Last 12 months
- 5.28%
- Holdings
- 15
- Volume · 30D
- 0M sh
- NAV per share
- $19.65
- 52W range
The ETF.net RTAI Grade
Score 19 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 0Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 45Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 33Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 2Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 18Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 19Category rank
Our read on RTAI
FRTAI hunts federally tax-exempt monthly income with an active hand, benchmarked to the Bloomberg Municipal Bond Index instead of tracking it. The trade-off is a 4.72% expense ratio in a corner of the market where the median is 0.30%.
The Fund seeks total return with an emphasis on current income, with a substantial portion intended to be exempt from federal income taxes.
Why people hold it
- Pays monthly, and the mandate targets current income with a substantial portion intended to be exempt from federal income taxes.
- Run against the Bloomberg Municipal Bond Index rather than pinned to it: the stated goal is total return with income as the emphasis.
- Trading since 2020, so there is a multi-year live record behind it rather than a back-test.
Worth knowing
- The 4.72% expense ratio sits far above the roughly 0.30% muni-ETF median, a high hurdle for tax-exempt income to clear.
- A small, thinly traded fund, so spreads and any premium or discount to net asset value matter more here than in the category's giants.
- Index rivals like VTEB, MUB and SCMB blanket the muni market for a few basis points, leaving RTAI among the costlier builds in its peer group.
RTAI Holdings
- Bonds
- 15
- 99%
- MHD
Sectors
Geography
RTAI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | RTAI |
|---|---|
| Year to date | −3.9% |
| 1 month | −5.5% |
| 3 months | −7.2% |
| 1 year | −3.2% |
| 3 years | +6.5% |
| 5 years | −2.8% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | RTAI |
|---|---|---|
| 2026 YTD | −3.9% | |
| 2025 | +5.5% | |
| 2024 | +7.2% | |
| 2023 | +4.3% | |
| 2022 | −22.6% | |
| 2021 | +10.6% | |
| 2020 | +4.8% |
RTAI in the news
ETF.net Research hasn’t filed on RTAI yet — coverage lands here as it’s written.
RTAI Dividends
- 5.28%
- $1.04
- $0.09 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 2, 2026 | Sep 3, 2026 | $0.09 |
| Aug 4, 2026 | Aug 5, 2026 | $0.08 |
| Jul 2, 2026 | Jul 6, 2026 | $0.08 |
| Jun 2, 2026 | Jun 3, 2026 | $0.09 |
| May 4, 2026 | May 5, 2026 | $0.09 |
| Apr 2, 2026 | Apr 6, 2026 | $0.08 |
| Mar 3, 2026 | Mar 4, 2026 | $0.09 |
| Feb 3, 2026 | Feb 4, 2026 | $0.09 |
| Jan 5, 2026 | Jan 6, 2026 | $0.08 |
| Dec 2, 2025 | Dec 3, 2025 | $0.09 |
| Nov 4, 2025 | Nov 5, 2025 | $0.08 |
| Oct 2, 2025 | Oct 3, 2025 | $0.09 |
RTAI Risk
- 12.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.26
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −34.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 2.18
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RTAI Cost
- The middle half of Other Municipal Bond funds
- Median 0.30%
Every other Other Municipal Bond fund charges less.