- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 1290 Broadway, Suite 1100 Denver CO United States of America 80203
- IPO Date
- Jun 17, 2016
- Business
- RiverFront Dynamic Core Income ETF (RFCI) is an actively managed exchange-traded fund that seeks total return with an emphasis on income, achieved through investment in a global portfolio of fixed income securities across various maturities, credit ratings, and currency denominations; allocations are determined by tactical asset allocation and security selection strategies implemented by sub-adviser RiverFront Investment Group, LLC. RFCI, part of ALPS ETF Trust and advised by ALPS Advisors, Inc., lists on NYSE Arca and benchmarks against the Bloomberg US Aggregate Bond Index; it targets retail and institutional investors seeking diversified fixed income exposure with potential for enhanced income and capital appreciation amid varying interest rate environments. Launched on June 13, 2016, the ETF is sub-advised by Richmond, Virginia-based RiverFront Investment Group, LLC, founded in 2008 as an independent, associate-majority-owned global asset manager headquartered at 1214 East Cary Street.
The fund's core holdings span investment-grade and high-yield corporate bonds, U.S. Treasuries, government-related debt, mortgage-backed securities (agency and non-agency), asset-backed securities, and commercial mortgage-backed securities; geographic exposure includes the United States, developed international markets, and emerging markets, with sector emphases dynamically adjusted based on macroeconomic trends, yield curve analysis, and currency opportunities. RFCI provides monthly distributions primarily from income, with recent payouts including $0.08231 on September 18, 2025, $0.08431 on August 21, 2025, and ongoing yields reflecting a trailing twelve-month yield and 30-day SEC yield structure that deducts expenses.
In recent developments, RFCI has maintained steady portfolio management amid fixed income market volatility, with RiverFront Investment Group reporting significant Q2 2025 portfolio adjustments including a new $106.7 million position in Vanguard Mega Cap Growth ETF (MGC) and other tactical shifts reflective of its dynamic approach; no major structural changes, acquisitions, or new product launches specific to RFCI were announced in 2024 or 2025, underscoring operational continuity under ALPS ETF Trust. The ETF continues to emphasize risk-managed income generation, with risk metrics such as standard deviation, Sharpe ratio, and tracking error monitored relative to its benchmark.