RMCA
RMCA
Rockefeller California Municipal Bond ETF
Fund Approach
Actively managed municipal bond ETF leveraging a value-orientated credit intensive process that seeks to produce high levels of tax-free income over the long-term, resulting in yield driven total return across various cycles. Seeks to capitalize on municipal market inefficiencies through relative value bottom-up fundamental credit analysis.
Investment Objective
The Fund seeks income exempt from U.S. federal and California state income tax.
Fund Documents
Fund Managers
Scott Cottier
Managing Director and Portfolio Manager
Mark DeMitry
Senior Vice President and Portfolio Manager
Michael Camarella
Senior Vice President and Portfolio Manager
Fund Details
Name | Value |
---|---|
Fund Name | Rockefeller California Municipal Bond ETF |
Fund Inception | 08/12/2024 |
Ticker | RMCA |
Primary Exchange | NYSE |
CUSIP | 45259A860 |
Expense Ratio | 0.55% |
30 Day SEC Yield As of 09/30/2024 |
3.27% |
*The 30-Day SEC Yield is calculated with a standardized formula mandated by the SEC. The formula is based on the maximum offering price per share and does not reflect waivers in effect.
Fund Data & Pricing
Name | value |
---|---|
Net Assets | $17.68m |
NAV | $25.26 |
Shares Outstanding | 700,000 |
Premium/discount Percentage | 0.11% |
Closing Price | $25.29 |
Median 30 Day Spread** | 0.12% |
Rate Date |
---|
12/06/2024 |
*30-Day Median Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
Fund Performance
Name |
---|
11/30/2024 |
Fund Name | Fund Ticker | 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception Cumulative | Since Inception Annualized | Date |
---|---|---|---|---|---|---|---|---|---|---|---|
Rockefeller California Municipal Bond ETF | RMCA NAV | 1.67 | 1.14 | - | - | - | - | - | 1.56 | - | 11/30/2024 |
Rockefeller California Municipal Bond ETF | RMCA MKT | 1.68 | 1.48 | - | - | - | - | - | 1.77 | - | 11/30/2024 |
Name |
---|
09/30/2024 |
Fund Name | Fund Ticker | 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception Cumulative | Since Inception Annualized | Date |
---|---|---|---|---|---|---|---|---|---|---|---|
Rockefeller California Municipal Bond ETF | RMCA NAV | 1.02 | - | - | - | - | - | - | 1.45 | - | 09/30/2024 |
Rockefeller California Municipal Bond ETF | RMCA MKT | 1.30 | - | - | - | - | - | - | 1.60 | - | 09/30/2024 |
The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (844) 992-1333.
Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on historical returns. Returns beyond 1 year are annualized.
A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded.
Distribution Detail
ex date | record date | payable date | amount |
---|---|---|---|
09/27/2024 | 09/27/2024 | 09/30/2024 | 0.07 |
10/30/2024 | 10/30/2024 | 10/31/2024 | 0.09 |
11/27/2024 | 11/27/2024 | 11/29/2024 | 0.06 |
Top 10 Holdings
Name |
---|
12/09/2024 |
Date | Account | Fund Ticker | CUSIP | SecurityName | Shares | Price | MarketValue | Weightings | NetAssets | SharesOutstanding | CreationUnits | MoneyMarketFlag |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12/09/2024 | RMCA | 053559AZ3 | 053559AZ3 | Avenal Public Financing Authority 5% 09/01/2036 | 40,000.00 | 99.86 | 39,942.93 | 0.23% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13013JEP7 | 13013JEP7 | California Community Choice Financing Authority 5% 02/01/2055 | 150,000.00 | 109.21 | 163,811.66 | 0.93% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13013JFS0 | 13013JFS0 | California Community Choice Financing Authority 5% 11/01/2055 | 500,000.00 | 107.39 | 536,955.50 | 3.03% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13016NCX0 | 13016NCX0 | California County Tobacco Securitization Agency 0% 06/01/2046 | 1,250,000.00 | 25.42 | 317,749.00 | 1.79% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13016NGB4 | 13016NGB4 | California County Tobacco Securitization Agency 5% 06/01/2050 | 500,000.00 | 100.75 | 503,749.00 | 2.85% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13016NHB3 | 13016NHB3 | California County Tobacco Securitization Agency 0% 06/01/2055 | 1,250,000.00 | 21.67 | 270,925.88 | 1.53% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 130179VJ0 | 130179VJ0 | California Educational Facilities Authority 5.5% 10/01/2053 | 250,000.00 | 107.11 | 267,784.78 | 1.51% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13032USL3 | 13032USL3 | California Health Facilities Financing Authority 5% 09/01/2048 | 100,000.00 | 101.42 | 101,421.46 | 0.57% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13032UYJ1 | 13032UYJ1 | California Health Facilities Financing Authority 5% 08/01/2050 | 350,000.00 | 104.32 | 365,108.73 | 2.06% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13032WCE2 | 13032WCE2 | California Housing Finance Agency 4.3% 08/01/2052 | 150,000.00 | 102.20 | 153,307.20 | 0.87% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13033LM87 | 13033LM87 | California Health Facilities Financing Authority 5% 11/15/2039 | 500,000.00 | 100.11 | 500,572.50 | 2.83% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13035CAB1 | 13035CAB1 | California Infrastructure & Economic Development Bank 5.125% 07/01/2054 | 300,000.00 | 100.56 | 301,679.46 | 1.70% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 130486BC6 | 130486BC6 | California Municipal Finance Authority 5% 06/01/2048 | 150,000.00 | 100.70 | 151,044.03 | 0.85% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13048DDG0 | 13048DDG0 | California Municipal Finance Authority 4% 07/01/2055 | 150,000.00 | 89.83 | 134,738.48 | 0.76% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13048TVF7 | 13048TVF7 | California Municipal Finance Authority 5% 11/01/2040 | 45,000.00 | 100.02 | 45,008.27 | 0.25% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13048VKW7 | 13048VKW7 | California Municipal Finance Authority 4% 10/01/2036 | 300,000.00 | 100.22 | 300,662.40 | 1.70% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13048VMX3 | 13048VMX3 | California Municipal Finance Authority 5% 08/01/2048 | 180,000.00 | 101.45 | 182,602.91 | 1.03% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13048VPX0 | 13048VPX0 | California Municipal Finance Authority 5% 10/01/2049 | 50,000.00 | 99.29 | 49,644.93 | 0.28% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13048VUP1 | 13048VUP1 | California Municipal Finance Authority 4% 09/01/2050 | 210,000.00 | 87.93 | 184,650.02 | 1.04% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13048VXC7 | 13048VXC7 | California Municipal Finance Authority 5% 10/01/2031 | 10,000.00 | 108.94 | 10,894.33 | 0.06% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13049SGD0 | 13049SGD0 | California Municipal Finance Authority 5% 08/15/2059 | 250,000.00 | 106.51 | 266,276.03 | 1.50% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13057GAQ2 | 13057GAQ2 | California Public Finance Authority 6.375% 06/01/2059 | 500,000.00 | 99.93 | 499,642.50 | 2.82% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13058RAU8 | 13058RAU8 | California School Facilities Financing Authority 0% 08/01/2049 | 2,500,000.00 | 30.10 | 752,512.00 | 4.25% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13058TCK4 | 13058TCK4 | California School Finance Authority 5% 08/01/2045 | 45,000.00 | 100.34 | 45,154.89 | 0.26% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13058TEZ9 | 13058TEZ9 | California School Finance Authority 5.875% 05/01/2047 | 200,000.00 | 101.16 | 202,317.82 | 1.14% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13058TPF1 | 13058TPF1 | California School Finance Authority 4% 06/01/2061 | 400,000.00 | 83.01 | 332,040.76 | 1.88% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13058TUF5 | 13058TUF5 | California School Finance Authority 5% 07/01/2059 | 150,000.00 | 104.12 | 156,185.85 | 0.88% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13058TUW8 | 13058TUW8 | California School Finance Authority 5.6% 07/01/2064 | 150,000.00 | 101.47 | 152,208.02 | 0.86% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13059TJR1 | 13059TJR1 | California School Finance Authority 5% 07/01/2054 | 120,000.00 | 104.69 | 125,627.76 | 0.71% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13063ECQ7 | 13063ECQ7 | State of California 4% 08/01/2049 | 250,000.00 | 102.69 | 256,716.10 | 1.45% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13077ERJ1 | 13077ERJ1 | California Statewide Communities Development Authority 5% 09/01/2054 | 100,000.00 | 102.98 | 102,983.28 | 0.58% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13079PZR7 | 13079PZR7 | California Statewide Communities Development Authority 4% 10/01/2042 | 250,000.00 | 102.63 | 256,569.83 | 1.45% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13080SEX8 | 13080SEX8 | California Statewide Communities Development Authority 5.5% 12/01/2054 | 70,000.00 | 100.01 | 70,007.95 | 0.40% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13080SMK7 | 13080SMK7 | California Statewide Communities Development Authority 5% 12/01/2046 | 100,000.00 | 101.19 | 101,191.71 | 0.57% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13080SVL5 | 13080SVL5 | California Statewide Communities Development Authority 5.25% 12/01/2043 | 25,000.00 | 104.04 | 26,011.23 | 0.15% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 13080SX33 | 13080SX33 | California Statewide Communities Development Authority 5% 11/01/2049 | 315,000.00 | 109.87 | 346,104.11 | 1.95% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 130923BG9 | 130923BG9 | California Statewide Financing Authority 6% 05/01/2037 | 120,000.00 | 102.07 | 122,479.10 | 0.69% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 16876QBG3 | 16876QBG3 | Children's Trust Fund 5.625% 05/15/2043 | 15,000.00 | 101.16 | 15,173.71 | 0.09% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 189342T32 | 189342T32 | Clovis Unified School District 4% 08/01/2048 | 500,000.00 | 101.65 | 508,262.05 | 2.87% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 27627M4P9 | 27627M4P9 | Eastern Municipal Water District 5% 09/01/2054 | 250,000.00 | 105.86 | 264,661.13 | 1.49% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 40064RFX2 | 40064RFX2 | Antonio B Won Pat International Airport Authority 5.25% 10/01/2041 | 100,000.00 | 108.63 | 108,632.99 | 0.61% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 423540KN2 | 423540KN2 | Hemet Unified School District 5% 09/01/2054 | 250,000.00 | 105.23 | 263,072.25 | 1.49% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 45385LFG3 | 45385LFG3 | Independent Cities Finance Authority 5% 11/15/2049 | 50,000.00 | 100.06 | 50,030.53 | 0.28% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 544445ET2 | 544445ET2 | City of Los Angeles Department of Airports 5.25% 05/15/2048 | 700,000.00 | 104.01 | 728,045.57 | 4.11% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 544445MC0 | 544445MC0 | City of Los Angeles Department of Airports 5% 05/15/2049 | 250,000.00 | 102.85 | 257,116.88 | 1.45% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 544532NJ9 | 544532NJ9 | Los Angeles Department of Water & Power 5% 07/01/2052 | 500,000.00 | 112.62 | 563,095.50 | 3.18% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 544647JM3 | 544647JM3 | Los Angeles Unified School District/CA 4% 07/01/2049 | 500,000.00 | 101.60 | 508,021.65 | 2.87% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 55374SAA8 | 55374SAA8 | M-S-R Energy Authority 6.125% 11/01/2029 | 20,000.00 | 107.40 | 21,479.06 | 0.12% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 58680WFA7 | 58680WFA7 | City of Menifee CA 5% 09/01/2054 | 250,000.00 | 105.68 | 264,191.88 | 1.49% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 684421CB4 | 684421CB4 | Orange County Water District 1.45% 08/01/2042 | 150,000.00 | 100.00 | 150,000.00 | 0.85% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 73885QDN6 | 73885QDN6 | Poway Unified School District Public Financing Authority 5% 10/01/2041 | 100,000.00 | 100.12 | 100,117.26 | 0.57% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 74529JPV1 | 74529JPV1 | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 4.55% 07/01/2040 | 27,000.00 | 100.41 | 27,111.27 | 0.15% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 776192WT9 | 776192WT9 | Romoland School District 5% 09/01/2054 | 500,000.00 | 105.88 | 529,389.20 | 2.99% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 7778706Q4 | 7778706Q4 | City of Roseville CA 5% 09/01/2054 | 100,000.00 | 105.96 | 105,959.63 | 0.60% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 79739GNS1 | 79739GNS1 | San Diego County Regional Airport Authority 4% 07/01/2040 | 120,000.00 | 100.29 | 120,343.02 | 0.68% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 79739GRL2 | 79739GRL2 | San Diego County Regional Airport Authority 5% 07/01/2053 | 750,000.00 | 106.21 | 796,544.63 | 4.50% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 79742GAA9 | 79742GAA9 | San Diego County Regional Airport Authority 5% 07/01/2044 | 425,000.00 | 100.09 | 425,400.10 | 2.40% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 79766DGF0 | 79766DGF0 | San Francisco City & County Airport Comm-San Francisco International Airport 5% 05/01/2046 | 250,000.00 | 101.04 | 252,605.13 | 1.43% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 79766DWX3 | 79766DWX3 | San Francisco City & County Airport Comm-San Francisco International Airport 5.25% 05/01/2049 | 500,000.00 | 109.41 | 547,035.20 | 3.09% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 79768HDA3 | 79768HDA3 | San Francisco City & County Public Utilities Commission Wastewater Revenue 4% 10/01/2040 | 350,000.00 | 100.21 | 350,733.67 | 1.98% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 798684DF0 | 798684DF0 | San Luis Obispo County Community College District 4% 08/01/2040 | 250,000.00 | 100.20 | 250,511.78 | 1.41% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 798762QK9 | 798762QK9 | San Marcos Unified School District 4.25% 09/01/2048 | 250,000.00 | 98.55 | 246,385.98 | 1.39% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 82706TAA9 | 82706TAA9 | Silicon Valley Tobacco Securitization Authority 0% 06/01/2036 | 1,000,000.00 | 53.22 | 532,223.60 | 3.01% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 888804BA8 | 888804BA8 | Tobacco Securitization Authority of Southern California 0% 06/01/2046 | 1,500,000.00 | 21.30 | 319,551.30 | 1.80% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 91412HPV9 | 91412HPV9 | University of California 1.45% 05/15/2048 | 1,100,000.00 | 100.00 | 1,100,000.00 | 6.21% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 919389AD8 | 919389AD8 | Valley Center Municipal Water District 4.25% 09/01/2047 | 590,000.00 | 98.33 | 580,147.00 | 3.28% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | 940642CV1 | 940642CV1 | Washington Township Health Care District 5% 08/01/2043 | 275,000.00 | 100.00 | 275,006.88 | 1.55% | 17,704,050 | 700,000 | 7 | |
12/09/2024 | RMCA | Cash&Other | Cash&Other | Cash & Other | -951,382.69 | 1.00 | -951,382.69 | -5.37% | 17,704,050 | 700,000 | 7 | Y |
Holdings are subject to change without notice.
Purchase
The Fund (RMCA) is available through various channels including via phone (844) 992-1333, broker-dealers, investment advisers, and other financial services firms, including:
This Fund is not affiliated with these financial service firms. Their listing should not be viewed as a recommendation or endorsement.