Rareview Longevity Inc Generation Retl
Name
As of 10/27/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-9.3%
1 yr return
-3.0%
3 Yr Avg Return
0.7%
5 Yr Avg Return
N/A
Net Assets
$18.4 M
Holdings in Top 10
64.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.06%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 300.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/27/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RLIGX - Profile
Distributions
- YTD Total Return -9.3%
- 3 Yr Annualized Total Return 0.7%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.70%
- Dividend Yield 6.9%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameRareview Longevity Income Generation Fund
-
Fund Family NameRareview Capital
-
Inception DateNov 01, 2016
-
Shares Outstanding511280
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerNeil Azous
Fund Description
RLIGX - Performance
Return Ranking - Trailing
Period | RLIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -9.3% | -19.4% | 22.7% | 94.15% |
1 Yr | -3.0% | -13.0% | 38.9% | 92.51% |
3 Yr | 0.7%* | -4.4% | 19.1% | 92.72% |
5 Yr | N/A* | -2.9% | 17.5% | N/A |
10 Yr | N/A* | 2.7% | 9.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | RLIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.2% | -9.5% | 22.1% | 88.13% |
2022 | -11.2% | -21.7% | -3.5% | 74.07% |
2021 | 4.0% | -7.3% | 13.7% | 75.33% |
2020 | N/A | -9.0% | 12.8% | N/A |
2019 | N/A | -28.9% | 0.3% | N/A |
Total Return Ranking - Trailing
Period | RLIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -9.3% | -19.4% | 22.7% | 93.96% |
1 Yr | -3.0% | -13.7% | 38.9% | 89.25% |
3 Yr | 0.7%* | -4.4% | 19.1% | 90.75% |
5 Yr | N/A* | -2.9% | 17.5% | N/A |
10 Yr | N/A* | 2.7% | 9.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | RLIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.2% | -9.5% | 22.1% | 88.13% |
2022 | -11.2% | -21.7% | -2.0% | 91.08% |
2021 | 4.0% | -5.9% | 16.6% | 94.05% |
2020 | N/A | -5.0% | 19.1% | N/A |
2019 | N/A | -15.0% | 2.3% | N/A |
NAV & Total Return History
RLIGX - Holdings
Concentration Analysis
RLIGX | Category Low | Category High | RLIGX % Rank | |
---|---|---|---|---|
Net Assets | 18.4 M | 2.25 M | 63.7 B | 94.09% |
Number of Holdings | 36 | 3 | 19902 | 53.67% |
Net Assets in Top 10 | 11.4 M | 1.81 M | 11 B | 93.79% |
Weighting of Top 10 | 64.27% | 8.3% | 100.0% | 50.10% |
Top 10 Holdings
- Fidelity® Inv MM Fds Government I 9.06%
- Western Asset Emerg Mkts Debt 7.32%
- Nuveen Quality Muni Income Fund 6.72%
- Aberdeen Asia-Pacific Income 6.52%
- Nuveen AMT-Free Quality Muni Inc 6.46%
- BlackRock MuniYield Qty III 6.45%
- Invesco Value Muni Income Trust 5.99%
- BlackRock Debt Strategies Fund 5.88%
- Nuveen Enhanced Muni Value 5.36%
- Western Asset High Income Opp 5.15%
Asset Allocation
Weighting | Return Low | Return High | RLIGX % Rank | |
---|---|---|---|---|
Bonds | 87.39% | 0.00% | 192.49% | 2.26% |
Stocks | 7.94% | 0.00% | 98.16% | 99.25% |
Other | 5.13% | -3.76% | 37.19% | 5.65% |
Convertible Bonds | 1.51% | 0.00% | 50.49% | 23.35% |
Preferred Stocks | 0.56% | 0.00% | 39.07% | 34.27% |
Cash | -2.55% | -135.61% | 38.75% | 91.90% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RLIGX % Rank | |
---|---|---|---|---|
Real Estate | 94.42% | 0.00% | 94.42% | 0.38% |
Utilities | 2.99% | 0.00% | 36.11% | 61.77% |
Industrials | 1.45% | 0.00% | 20.62% | 99.81% |
Financial Services | 0.54% | 0.54% | 31.60% | 100.00% |
Energy | 0.49% | 0.00% | 21.78% | 97.74% |
Communication Services | 0.12% | 0.00% | 18.06% | 98.31% |
Technology | 0.00% | 0.00% | 40.26% | 99.81% |
Healthcare | 0.00% | 0.00% | 22.82% | 99.81% |
Consumer Defense | 0.00% | 0.00% | 21.15% | 98.49% |
Consumer Cyclical | 0.00% | 0.00% | 22.43% | 99.25% |
Basic Materials | 0.00% | 0.00% | 20.47% | 99.81% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RLIGX % Rank | |
---|---|---|---|---|
US | 7.63% | 0.00% | 85.51% | 99.25% |
Non US | 0.31% | 0.00% | 29.43% | 97.36% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RLIGX % Rank | |
---|---|---|---|---|
Government | 57.49% | 0.00% | 97.22% | 3.58% |
Municipal | 20.39% | 0.00% | 100.00% | 4.33% |
Corporate | 14.27% | 0.00% | 100.00% | 92.09% |
Cash & Equivalents | 5.02% | 0.00% | 100.00% | 76.65% |
Derivative | 1.54% | 0.00% | 32.70% | 24.86% |
Securitized | 1.29% | 0.00% | 48.42% | 85.31% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RLIGX % Rank | |
---|---|---|---|---|
Non US | 63.09% | -10.28% | 120.76% | 1.51% |
US | 24.30% | 0.00% | 76.30% | 94.16% |
RLIGX - Expenses
Operational Fees
RLIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.06% | 0.02% | 6.89% | 1.97% |
Management Fee | 1.20% | 0.00% | 1.39% | 99.63% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 39.94% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
RLIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
RLIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 57.14% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
RLIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 300.00% | 0.00% | 369.00% | 99.23% |
RLIGX - Distributions
Dividend Yield Analysis
RLIGX | Category Low | Category High | RLIGX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.93% | 0.00% | 4.76% | 56.46% |
Dividend Distribution Analysis
RLIGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
RLIGX | Category Low | Category High | RLIGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.70% | -2.60% | 6.30% | 5.22% |
Capital Gain Distribution Analysis
RLIGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 27, 2018 | $0.128 | |
Mar 28, 2018 | $0.089 | |
Sep 28, 2017 | $0.089 | |
Jun 29, 2017 | $0.109 | |
Mar 30, 2017 | $0.111 |
RLIGX - Fund Manager Analysis
Managers
Neil Azous
Start Date
Tenure
Tenure Rank
Nov 01, 2016
3.92
3.9%
Neil Azous, Chief Investment Officer and Portfolio Manager, has been the Managing Director and Portfolio Manager of Rareview Capital since 2016, when Mr. Azous founded thecompany. From 2013 to the present day, Neil has worked at Rareview Macro LLC as its Founder and Managing Member. Prior to founding Rareview, Neil was a Managing Director at Navigate Advisors from 2009 to 2013. First at Donaldson Lufkin and Jenrette from 2001 to 2004, and then at UBS Investment Bank from 2004 to 2009, Neil’s responsibilities included trading derivatives, hedging solutions, asset allocation, and fundamental securities analysis. Neil began his career at Goldman Sachs in 1998, working in fixed income. Neil completed graduate level coursework for an MS in Real Estate at New York University and received his BA in Business Administration from the University of Washington, where he is a member of the University of Washington Bothell Board of Advisors and was the recipient of the Bothell Business School 2013 Distinguished Undergraduate Alumnus Award. He is active in various charity and community organizations.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 27.06 | 6.03 | 0.75 |