Key stats
About Investment Managers Series Trust II AXS Real Estate Income ETF
Expense ratio
0.89%
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Inception date
Nov 30, 2010
RINC is passively managed to primarily hold stocks of US-listed residential and commercial mortgage REITs, including REITs investing in mortgage-backed securities. The index may also invest in publicly traded closed-end funds. The resulting portfolio is weighted according to a fixed target allocation to three real estate debt sectors: 50% to commercial mREITs and 25% each to agency residential and non-agency residential mREITs. Holdings are weighted equally within each sector. The index is reconstituted semi-annually and rebalances to neutral sector and constituent weights quarterly. The fund uses three to nine times debt-to-equity depending on the type of mREIT. In order for exemptive relief under the 40 Act, the fund must distribute at least 90% of their taxable income each year. On August 25, 2023, the ETF acquired all assets and liabilities of the High Yield ETF (ticker: HYLD), which had about $74 million in assets, morphing the fund into essentially a new ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.82%
Finance99.82%
Bonds, Cash & Other0.18%
Cash0.18%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history