RiverFront Strategic Income Fund
RIGS
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 - Bonds
- Address
- United States of America
- IPO Date
- Oct 9, 2013
- CIK
- 0001414040
- Website
- alpsfunds.com
- Similar Companies
- Business
- RiverFront Strategic Income Fund (NYSE Arca: RIGS) is an actively managed exchange-traded fund that seeks total return, with an emphasis on income, through investment in a global portfolio of fixed income securities across various maturities, ratings, and currency denominations. The fund employs a dynamic, two-step strategy consisting of strategic asset allocation among fixed income asset classes—including long-term, medium-term, and short-term investment grade securities; long-term and short-term high yield securities; and emerging market debt—followed by tactical adjustments and security selection based on RiverFront Investment Group, LLC's (the sub-adviser) analysis of economic, market, yield, maturity, and currency conditions. It invests in debt securities issued by U.S. or foreign corporations, financial institutions, governments, or agencies; convertible securities; preferred stocks; up to 50% in non-U.S. dollar-denominated securities; and currency-hedged instruments such as swaps, targeting a three-to-five-year investment horizon while benchmarking against the Bloomberg U.S. Aggregate Bond Index. The fund, which commenced operations on October 7, 2013, is advised by ALPS Advisors, Inc., distributed by ALPS Portfolio Solutions Distributor, Inc., and sub-advised by RiverFront Investment Group, LLC, an SEC-registered investment adviser founded in 2008 and headquartered in Richmond, Virginia. RiverFront's proprietary Price Matters process informs allocations across developed and emerging markets globally, with no geographic limitations on U.S. dollar-denominated foreign securities and up to 50% exposure to emerging markets or non-dollar assets. Recent developments include ongoing monthly distributions, such as $0.0902 per share declared in recent periods and $0.09659 per share for the ex-dividend date of June 20, 2025, alongside regular ex-dividend announcements in 2024 and 2025 supporting investor income objectives. In June 2025, RiverFront Investment Group announced a leadership succession plan, funded by its balance sheet, cash flows, and debt, retaining Baird as a significant minority owner and strategic partner while elevating over 70% of employees to shareholders; Michael Grossman and Craig Nicholson joined the board alongside CEO Chris Konstantinos and CIO Andrew Southall, succeeding founding partners Rod Smyth and Doug Sandler. These changes strengthen governance continuity without direct operational shifts to the RIGS fund strategy.