Key stats
About Tidal Trust III Rockefeller Opportunistic Municipal Bond ETF
Expense ratio
0.55%
Home page
Inception date
Aug 13, 2024
RMOP broadly invests in US municipal bonds of any maturity. The fund invests at least 50% in bonds rated medium investment grade or lower, including high-yield bonds.The fund may invest in private activity bonds whose interest is a tax-preference item. Shareholders subject to the AMT must include distributions derived from private activity bonds in their calculations.The fund may have exposure of up to 35% from inverse floaters through municipal tender option bond financing transactions. The fund tends to invest in bonds with higher issuance volumes, which may result in investments in munis of specific projects, including from areas such as California, New York, and Puerto Rico. In addition, the fund may invest in dirt bonds like tobacco settlement bonds. A portion of assets may be invested in securities that pay taxable interest. The actively managed fund may consider relative value, market supply/demand, market dislocations, and siuation-specific opportunities.
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
Municipal
Bonds, Cash & Other100.00%
Municipal113.07%
Cash−13.07%
Top 10 holdings
Dividends
Dividend payout history