Xtrackers Municipal Infrastructure Revenue Bond ETF
RVNU
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 875 Third Avenue New York NY United States of America 10022
- IPO Date
- Jun 4, 2013
- CIK
- 0001503123
- Website
- etf.dws.com
- Similar Companies
- Business
- Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the Solactive Municipal Infrastructure Revenue Bond Index, which comprises investment-grade municipal revenue bonds backed by revenues from essential public infrastructure projects including airports, toll roads, water and sewer systems, utilities, and transportation facilities; the fund invests at least 80% of its total assets in securities that comprise the index or instruments that provide substantially similar exposures, such as municipal bonds issued by entities like the New York City water and sewer system, San Francisco City & County Airports, and Tampa-Hillsborough County Expressway Authority, with approximately 302-306 holdings, an average credit rating of AA-, long-term maturities of at least 10 years, and a focus on the U.S. municipal bond market segment offering tax-exempt income. Launched on June 4, 2013, and managed by DBX Advisors LLC, a subsidiary of DWS Group (formerly Deutsche Bank Asset Management), with portfolio managers including Benjamin Spalding (since 2022), Nancy Thai (since 2024), and Jason Meyerberg (since 2024), RVNU trades on the NYSE Arca exchange and maintains assets under management of approximately $130 million, an expense ratio of 0.15%, and a dividend yield around 3.5%; the fund is domiciled in the United States with operations centered in DWS's U.S. entities headquartered in New York. In recent developments, DWS, the parent sponsor of Xtrackers ETFs including RVNU, has pursued strategic expansions through collaborations such as launching new Xtrackers ETFs with partners like STOXX on Europe Defence Technologies (September 2025), Levler for six new ETFs in Sweden (August 2025), and listings on Nasdaq Stockholm (August 2025), alongside ongoing portfolio rebalancing for RVNU reflected in its semi-annual report for the period ended May 31, 2025, which noted positive contributions from sectors like transportation and toll facilities amid broader municipal market dynamics; no specific acquisitions, funding rounds, or reorganizations directly impacting RVNU were reported in the last 1-2 years, though institutional ownership adjustments continue with 62 holders managing about 3.56 million shares.