AUM$32.4M
Expense Ratio1.68%
NAV$24.88
Holdings9
InceptionJun 9, 2023
Price Chart
Key Statistics
Previous Close
$24.46Day Range
$24.39$24.39
52-Week Range
$24.37$25.14
Avg Volume
3.3KDividend Yield
5.52%Expense Ratio
1.68%AUM
$32.4MShares Outstanding
1.1MSector Breakdown
| Sector | Weight % |
|---|---|
| Utilities | 76.71% |
| Healthcare | 13.81% |
| Technology | 9.43% |
| Communication Services | 0.05% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 99.39% |
| Other | 0.61% |
Fund Information
- Issuer
- Little Harbor Advisors
- Category
- Utilities
- Subcategory
- Floating Rate
- Inception Date
- Jun 9, 2023
- Exchange
- BATS
- Description
- 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.
Similar ETFs
The LHA Risk-Managed Income ETF (RMIF) is an exchange-traded fund issued by Little Harbor Advisors that launched on Jun 9, 2023. It currently manages $32.4M in assets under management. The fund charges an expense ratio of 1.68%. The fund holds 9 securities in its portfolio. It falls under the Utilities category.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | SPHY | State Street SPDR Portfolio High Yield Bond ETF | 16.85% | 222,386 | $5.3M |
| 2 | USHY | iShares Broad USD High Yield Corporate Bond ETF | 16.78% | 140,128 | $5.2M |
| 3 | SRLN | State Street Blackstone Senior Loan ETF | 16.69% | 126,286 | $5.2M |
| 4 | SJNK | State Street SPDR Bloomberg Short Term High Yield | 16.59% | 204,760 | $5.2M |
| 5 | FTSL | First Trust Senior Loan ETF | 16.58% | 113,261 | $5.2M |
| 6 | HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 16.23% | 63,000 | $5.1M |
| 7 | FGXXX | First American Government Obligations Fund 12/01/2 | 0.13% | 41,800 | $42K |
| 8 | FXFXX | First American Treasury Obligations Fund 01/01/204 | 0.13% | 41,800 | $42K |
| 9 | — | Cash & Other | 0.01% | 3,353 | $3K |
| 10 | Ticker | Name | 0.00% | 0 | $0 |
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | -0.29% | — | ||
| 1W | -0.75% | — | ||
| 1M | -1.51% | — | ||
| 3M | -1.83% | — | ||
| 6M | -2.61% | — | ||
| YTD | -1.37% | — | ||
| 1Y | -2.24% | — | ||
| 3Y | -2.18% | — | ||
| 5Y | -2.18% | — |
Moving Averages
20-Day MA
$24.70
Below 20-Day MA50-Day MA
$24.80
Below 50-Day MA200-Day MA
$24.88
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$25.14
Current Price
$24.39
52-Week Low
$24.37
$24.37$25.14
Current Yield
5.52%
Annual Dividend
$0.4602
Frequency
12x/year
Last Ex-Date
Feb 26, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Feb 26, 2026 | $0.1063 | Feb 27, 2026 |
| Jan 29, 2026 | $0.0010 | Jan 30, 2026 |
| Dec 30, 2025 | $0.2267 | Dec 31, 2025 |
| Nov 26, 2025 | $0.1261 | Nov 28, 2025 |
| Oct 30, 2025 | $0.1233 | Oct 31, 2025 |
| Sep 29, 2025 | $0.1197 | Sep 30, 2025 |
| Aug 28, 2025 | $0.1071 | Aug 29, 2025 |
| Jul 30, 2025 | $0.1465 | Jul 31, 2025 |
| Jun 27, 2025 | $0.0644 | Jun 30, 2025 |
| May 29, 2025 | $0.0773 | May 30, 2025 |
| Apr 29, 2025 | $0.1604 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0964 | Mar 31, 2025 |
| Feb 27, 2025 | $0.1271 | Feb 28, 2025 |
| Jan 30, 2025 | $0.0379 | Jan 31, 2025 |
| Dec 31, 2024 | $0.2066 | Jan 2, 2025 |
| Nov 27, 2024 | $0.1372 | Nov 29, 2024 |
| Oct 30, 2024 | $0.1742 | Oct 31, 2024 |
| Sep 27, 2024 | $0.1177 | Sep 30, 2024 |
| Aug 29, 2024 | $0.1450 | Aug 30, 2024 |
| Jul 30, 2024 | $0.1581 | Jul 31, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | RMIF | Utilities(89 ETFs) | Floating Rate(47 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 1.68% | 0.76% | 0.45% |
| AUM | $32.4M | $1.80B | $1.48B |
| Dividend Yield | 5.52% | 3.60% | 5.55% |
| Avg Volume | 3.3K | 1.8M | 1.6M |
| Holdings | 9 | 241 | 219 |
| Performance | |||
| 1-Month Return | -1.55% | +0.66% | -0.90% |
| 6-Month Return | -2.24% | +7.66% | -1.57% |
| YTD Return | -1.33% | +5.57% | -0.91% |
| 1-Year Return | -2.67% | +15.12% | -0.89% |
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