ALPS Dynamic US Dividend Advantage ETF
RFDA
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1290 Broadway, Suite 1100 Denver CO United States of America 80203
- IPO Date
- Sep 28, 2016
- CIK
- 0001414040
- Website
- alpsfunds.com
- Similar Companies
- Business
- RiverFront Dynamic US Dividend Advantage ETF (RFDA) is an actively managed exchange-traded fund that seeks capital appreciation and dividend income by investing at least 65% of its net assets in equity securities of publicly traded US companies with potential for dividend growth, including common stocks and common or preferred shares of real estate investment trusts (REITs); it employs a proprietary strategy focused on dynamic security selection across US large-cap equities, emphasizing value and momentum factors within a blend style, primarily benchmarked against the S&P 500 Index. Launched on June 6, 2016, and listed on NYSE Arca, RFDA is issued by ALPS ETF Trust, with ALPS Advisors, Inc. serving as investment adviser, RiverFront Investment Group, LLC as sub-adviser responsible for portfolio management and tactical asset allocation decisions, and ALPS Portfolio Solutions Distributor, Inc. as distributor; the fund maintains a portfolio of approximately 72 holdings, with total net assets around $80 million, a net expense ratio of 0.52%, and monthly distributions, including a most recent payout of $0.15223 per share as of September 30, 2025. The fund targets institutional and retail investors seeking US dividend-oriented equity exposure, with geographic focus exclusively on US-domiciled securities (approximately 98% US stocks and 2% cash), diversified across sectors such as energy, technology, and financials, exemplified by top holdings like Antero Midstream Corp., Cisco Systems Inc., and State Street Institutional Treasury Plus Money Market Fund. In recent developments, RFDA has continued monthly dividend declarations through 2025, with payouts including $0.1197, $0.0918, and $0.1612, reflecting sustained income generation amid rising yield environments; as of December 1, 2025, ALPS Portfolio Solutions Distributor, Inc. ceased serving as distributor for certain ALPS ETF Trust products including RFDA, marking a significant operational transition, while RiverFront Investment Group has expanded its sub-advisory role across additional fixed income and equity ETFs in partnership with ALPS and First Trust, enhancing its ETF product suite without reported acquisitions, funding rounds, or major portfolio restructurings specific to RFDA in the last 1-2 years.