Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Best SIP mutual funds: Top 10 schemes with up to 27% annualised returns — ₹10,000 monthly SIP grows to ₹49 lakh in 10 years – Money News
    • Capri Global Capital annonce que Quant Mutual Fund augmente sa participation dans la société à 5,96 %
    • Yilgarn Iron Investments Pty Ltd finalise l’acquisition du complexe Yilgarn Hub Iron Ore auprès de Mineral Resources Limited
    • Rs 6,000 SIP Vs Rs 6,00,000 Lump Sum: Which can generate a higher corpus in 30 years?
    • Jio BlackRock Mutual Fund makes debut with three debt scheme launches
    • L’intégrale de BFM Bourse du lundi 30 juin
    • BFM Bourse : 17h/18h – 30/06
    • Is UTI Large & Mid Cap Fund right for you? Key insights for 2025 investors
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»ETFs»Rockefeller debuts three active municipal bond ETFs | ETF Strategy
    ETFs

    Rockefeller debuts three active municipal bond ETFs | ETF Strategy

    August 23, 2024


    Rockefeller Asset Management, a division of Rockefeller Capital Management, has introduced its first actively managed fixed income ETFs with a trio of funds that aim to capture opportunities across the tax-exempt municipal bond market.

    Alex Petrone, Director of Fixed Income at Rockefeller Asset Management

    Alex Petrone, Director of Fixed Income at Rockefeller Asset Management.

    The funds – the Rockefeller Opportunistic Municipal Bond ETF (RMOP US), Rockefeller California Municipal Bond ETF (RMCA US), and Rockefeller New York Municipal Bond ETF (RMNY US) – have been listed on the NYSE, each with an expense ratio of 0.55%.

    RMOP targets a broad range of municipal bonds across the United States, whereas RMCA and RMNY are tailored to bonds issued specifically within California and New York, respectively.

    The ETFs are overseen by portfolio managers Scott Cottier, Mark DeMitry, and Michael Camarella. This experienced trio joined Rockefeller in June 2024, transitioning from Invesco, where they previously managed strategies encompassing over $25 billion in assets.

    Employing a value-oriented, credit-intensive investment approach, the investment team aims to achieve yield-driven total returns over various market cycles. This strategy capitalizes on market inefficiencies by utilizing a bottom-up method for fundamental credit analysis, which focuses on relative value.

    Each fund also strategically explores riskier segments of their respective markets to enhance potential yields. RMOP, for instance, is expected to allocate at least half of its portfolio to bonds rated BBB+ or lower. Similarly, RMCA and RMNY plan to dedicate at least a quarter of their assets to bonds rated BB+ or below.

    Commenting on the launch, Alex Petrone, Director of Fixed Income at Rockefeller Asset Management, said: “We are excited about the prospects of higher-yielding municipal bonds as they offer tax-efficient yields and income, alongside historically low correlations with equities. The addition of this seasoned team enhances our capabilities and aligns with our strategy to leverage inefficiencies within the municipal bond market.”

    Scott Cottier, Portfolio Manager at Rockefeller Asset Management, added, “High yield municipal bonds are poised to benefit from a favorable fundamental and technical environment. They are a crucial part of a diversified investment portfolio, particularly for high taxpayers. Our team is eager to apply our extensive experience and comprehensive capabilities to unearth opportunities across the credit and duration landscape, aiming to generate alpha through these dynamic, actively managed strategies.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Top & Flop ETFs of the First Half of 2025

    June 30, 2025

    ETFs demystified: Should new investors go broad or bet on hot sectors

    June 30, 2025

    Amplify ETFs Declares June Income Distributions for its Income ETFs

    June 29, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Best SIP mutual funds: Top 10 schemes with up to 27% annualised returns — ₹10,000 monthly SIP grows to ₹49 lakh in 10 years – Money News

    June 30, 2025

    Qu’est-ce qu’un green bond ?

    December 7, 2017

    les cat’ bonds deviennent incontournables

    September 5, 2018

    Quel est le rôle du service des impôts des particuliers (SIP) ?

    May 7, 2020
    Don't Miss
    Mutual Funds

    Best SIP mutual funds: Top 10 schemes with up to 27% annualised returns — ₹10,000 monthly SIP grows to ₹49 lakh in 10 years – Money News

    June 30, 2025

    Do you also want to invest in mutual funds, but are unable to save a…

    Capri Global Capital annonce que Quant Mutual Fund augmente sa participation dans la société à 5,96 %

    June 30, 2025

    Yilgarn Iron Investments Pty Ltd finalise l’acquisition du complexe Yilgarn Hub Iron Ore auprès de Mineral Resources Limited

    June 30, 2025

    Rs 6,000 SIP Vs Rs 6,00,000 Lump Sum: Which can generate a higher corpus in 30 years?

    June 30, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Latest Mutual Funds News Today on August 21, 2024 Live Updates: Mutual Funds: 7 game-changing factors to check before diving into an NFO

    August 21, 2024

    Bonds Turn Green Despite Plenty of Volatility

    October 10, 2024

    BofA signale des afflux importants de clients hedge funds alors que la série d’achats record des particuliers prend fin

    May 20, 2025
    Our Picks

    Best SIP mutual funds: Top 10 schemes with up to 27% annualised returns — ₹10,000 monthly SIP grows to ₹49 lakh in 10 years – Money News

    June 30, 2025

    Capri Global Capital annonce que Quant Mutual Fund augmente sa participation dans la société à 5,96 %

    June 30, 2025

    Yilgarn Iron Investments Pty Ltd finalise l’acquisition du complexe Yilgarn Hub Iron Ore auprès de Mineral Resources Limited

    June 30, 2025
    Most Popular

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025

    ZIG, BUZZ, NANC, and KRUZ

    October 11, 2024
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.