Symbols

RVNU

Xtrackers Municipal Infrastructure Revenue Bond ETF·ARCA

--(--)

Key Stats

Assets Under Management

135.45MUSD

Fund Flows (1Y)

Dividend Yield

3.18%

Discount/Premium to NAV

-0.86%

Shares Outstanding

5.50M

Expense Ratio

0.15%

About Xtrackers Municipal Infrastructure Revenue Bond ETF

Issuer

DWS

Brand

Xtrackers

Home Page

https://etf.dws.com/en-us/RVNU-municipal-infrastructure-revenue-bond-etf/

Inception Date

Jun 4, 2013

Structure

Open-Ended Fund

Index Tracked

Solactive Municipal Infrastructure Revenue Bond Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

DBX Advisors LLC

Distributor

ALPS Distributors, Inc.

RVNU exclusively targets long-term infrastructure revenue bonds, a narrow slice of the muni bond space. As such, the fund avoids all general obligation issues, which are backed by the taxing power of its issuers, and only holds bonds tied to revenues from specific infrastructure projects. This has the dual effect of increasing the fund's interest rate and credit risk exposure relative to the broad muni market. None of RVNU's bonds mature in less than ten years. Investors should be conscious of the funds portfolio, as some states like Texas, New York and Massachusetts might make up a sizeable portion of it.