RiverFront Strategic Income Fund (RIGS)
RIGS is an actively managed ETF by SS&C. RIGS launched on Oct 9, 2013 and has a 0.48% expense ratio.
ETF Info
| ISIN | US00162Q7833 |
|---|---|
| CUSIP | 00162Q783 |
| Issuer | SS&C |
| Inception Date | Oct 9, 2013 |
| Region | North America (U.S.) |
| Category | High Yield Bonds, Actively Managed |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
RIGS features an expense ratio of 0.48%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: RIGS vs. IYLD, RIGS vs. BKHY, RIGS vs. EIFAX, RIGS vs. FXAIX, RIGS vs. RCTIX, RIGS vs. JPIE, RIGS vs. RFG, RIGS vs. PIMIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in RiverFront Strategic Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
RiverFront Strategic Income Fund had a return of 3.31% year-to-date (YTD) and 8.87% in the last 12 months. Over the past 10 years, RiverFront Strategic Income Fund had an annualized return of 2.92%, while the S&P 500 had an annualized return of 11.41%, indicating that RiverFront Strategic Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.31% | 25.70% |
| 1 month | -0.40% | 3.51% |
| 6 months | 4.08% | 14.80% |
| 1 year | 8.87% | 37.91% |
| 5 years (annualized) | 1.77% | 14.18% |
| 10 years (annualized) | 2.92% | 11.41% |
Monthly Returns
The table below presents the monthly returns of RIGS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.29% | -0.51% | 0.61% | -1.42% | 1.21% | 0.36% | 1.79% | 2.05% | 0.95% | -1.78% | 3.31% | ||
| 2023 | 1.82% | -1.37% | 1.96% | 0.24% | -0.84% | 0.24% | 0.03% | 0.06% | -1.68% | -1.15% | 3.42% | 3.34% | 6.07% |
| 2022 | -1.52% | -1.06% | -0.76% | -2.20% | 0.89% | -2.43% | 3.12% | -1.98% | -2.33% | 0.54% | 2.32% | -0.27% | -5.70% |
| 2021 | -0.11% | 0.04% | 0.26% | 1.03% | -0.25% | 0.49% | 0.31% | 0.20% | -0.24% | -0.11% | -0.55% | 0.85% | 1.93% |
| 2020 | -0.21% | -0.72% | -8.35% | 4.81% | 2.28% | 3.51% | 0.75% | 0.90% | -1.04% | 0.30% | 1.03% | 0.50% | 3.24% |
| 2019 | 2.04% | 0.52% | 0.89% | 0.56% | 0.46% | 0.64% | 0.62% | 0.33% | 0.31% | 0.55% | -0.23% | 0.69% | 7.60% |
| 2018 | -0.33% | -0.57% | -0.18% | 0.03% | 0.02% | -0.14% | 0.99% | 0.86% | 0.43% | -1.01% | 0.33% | -0.53% | -0.10% |
| 2017 | 0.58% | 0.70% | 0.18% | 0.70% | 0.77% | 0.00% | 0.83% | -0.01% | 0.69% | 0.02% | -0.13% | 0.07% | 4.48% |
| 2016 | -0.34% | 2.08% | 0.27% | 1.51% | 0.56% | 0.98% | 1.85% | 0.50% | 0.71% | -0.39% | -0.56% | 1.34% | 8.83% |
| 2015 | 0.94% | 1.65% | -0.31% | 0.65% | 0.10% | -0.89% | 0.30% | -1.25% | -1.56% | 2.51% | -0.64% | -0.55% | 0.86% |
| 2014 | 0.39% | 1.44% | 0.22% | 0.53% | 0.43% | 0.33% | -1.63% | 1.42% | -1.58% | 1.19% | 0.09% | -0.31% | 2.50% |
| 2013 | 1.83% | 0.44% | 0.25% | 2.53% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RIGS is 39, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for RiverFront Strategic Income Fund (RIGS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
RiverFront Strategic Income Fund provided a 4.40% dividend yield over the last twelve months, with an annual payout of $1.01 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.01 | $0.81 | $0.61 | $0.61 | $0.85 | $0.96 | $1.09 | $1.12 | $1.12 | $0.87 | $0.82 | $0.12 |
Dividend yield | 4.40% | 3.49% | 2.72% | 2.47% | 3.44% | 3.87% | 4.54% | 4.45% | 4.47% | 3.60% | 3.32% | 0.46% |
Monthly Dividends
The table displays the monthly dividend distributions for RiverFront Strategic Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.08 | $0.07 | $0.09 | $0.08 | $0.08 | $0.10 | $0.09 | $0.09 | $0.09 | $0.09 | $0.00 | $0.86 | |
| 2023 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.07 | $0.08 | $0.07 | $0.08 | $0.81 |
| 2022 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.61 |
| 2021 | $0.06 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.04 | $0.06 | $0.04 | $0.04 | $0.04 | $0.06 | $0.61 |
| 2020 | $0.07 | $0.07 | $0.09 | $0.10 | $0.07 | $0.07 | $0.09 | $0.06 | $0.05 | $0.05 | $0.05 | $0.08 | $0.85 |
| 2019 | $0.08 | $0.09 | $0.09 | $0.08 | $0.08 | $0.09 | $0.09 | $0.08 | $0.08 | $0.08 | $0.07 | $0.07 | $0.96 |
| 2018 | $0.08 | $0.08 | $0.13 | $0.09 | $0.09 | $0.08 | $0.09 | $0.09 | $0.09 | $0.11 | $0.06 | $0.11 | $1.09 |
| 2017 | $0.10 | $0.09 | $0.10 | $0.09 | $0.10 | $0.09 | $0.09 | $0.09 | $0.10 | $0.10 | $0.09 | $0.10 | $1.12 |
| 2016 | $0.07 | $0.07 | $0.09 | $0.11 | $0.08 | $0.13 | $0.10 | $0.10 | $0.10 | $0.09 | $0.09 | $0.09 | $1.12 |
| 2015 | $0.07 | $0.05 | $0.08 | $0.07 | $0.06 | $0.09 | $0.08 | $0.08 | $0.07 | $0.07 | $0.07 | $0.08 | $0.87 |
| 2014 | $0.03 | $0.05 | $0.10 | $0.09 | $0.07 | $0.07 | $0.07 | $0.06 | $0.07 | $0.07 | $0.07 | $0.09 | $0.82 |
| 2013 | $0.03 | $0.09 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the RiverFront Strategic Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the RiverFront Strategic Income Fund was 15.31%, occurring on Mar 23, 2020. Recovery took 53 trading sessions.
The current RiverFront Strategic Income Fund drawdown is 1.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.31% | Jan 17, 2020 | 45 | Mar 23, 2020 | 53 | Jun 8, 2020 | 98 |
| -9.02% | Sep 3, 2021 | 267 | Sep 26, 2022 | 431 | Jun 13, 2024 | 698 |
| -4.8% | Jun 2, 2015 | 161 | Jan 20, 2016 | 28 | Mar 1, 2016 | 189 |
| -3.87% | Jul 9, 2014 | 113 | Dec 16, 2014 | 29 | Jan 29, 2015 | 142 |
| -2.89% | Jun 9, 2020 | 14 | Jun 26, 2020 | 13 | Jul 16, 2020 | 27 |
Volatility
Volatility Chart
The current RiverFront Strategic Income Fund volatility is 1.94%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.