Rareview Tax Advantaged Income ETF (RTAI)

Rareview Tax Advantaged Income ETF (RTAI) is an exchange-traded fund in the Muni National Long category. It has $15.94M in assets, an expense ratio of 4.59% and a 5.50% dividend yield. Under normal market conditions, the fund will invest in municipal bond closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. While it will invest primarily in closed-end funds, the fund may invest up to 30% of its assets in municipal or short term Treasury ETFs if in the adviser's discretion, the ETFs will provide a better investment opportunity or liquidity for the asset class.