RJMI: RJ EAGLE MUNICIPAL INCOME ETF

Generated from StockValueFinder data · Updated Oct 11, 2026 3:55 AM

Educational content only. This is not financial advice and is not a recommendation to buy, sell, or hold any ETF.

RJ EAGLE MUNICIPAL INCOME ETF (RJMI) Educational Report

What this ETF is trying to do

The RJ EAGLE MUNICIPAL INCOME ETF (ticker: RJMI) is an exchange-traded fund. Based on its name and holdings, it focuses on municipal income. This means it invests in things like airport revenues and highway authorities to provide income to its investors.

What the numbers show

When looking at an ETF, it is important to understand two different types of returns: price return and total return.

• Price Return: This measures only the change in the share price. For RJMI, the year-to-date (YTD) price return is approximately -6.22%. The one-year price return was approximately -4.71%.

• Total Return: This includes the share price change plus any cash distributions paid out. The YTD total return is approximately -3.81%, and the one-year total return is approximately -1.67%.

An estimated price from roughly one year ago was $25.17. The current price is $23.99. Because the total return numbers are higher than the price return numbers, it shows that distributions helped offset some of the share-price decline.

Income and distribution explanation

This ETF pays out cash to investors, known as distributions. The distribution yield is approximately 3.32%. This number describes the cash paid out relative to the current ETF price. These distributions usually happen monthly, with 12 payments made over the last year. It is important to remember that a high distribution yield does not guarantee that an investor will earn that same percentage as a total return.

NAV erosion explanation

"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases. While a falling share price can sometimes look like erosion, they are not the same thing. For this ETF, the erosion-risk score is 94, which is labeled as "Stable / sideways," and the erosion severity is rated as "good." There is no severe erosion-risk flag for this ETF.

Pros

• The fund provides regular monthly distributions.

• The erosion-risk measurements suggest the fund is currently stable or sideways rather than showing severe risk.

Cons

• The ETF has experienced a share-price decline over the last year and year-to-date.

• The income rating grade is a "C."

Beginner takeaway

When looking at RJMI, it is helpful to distinguish between the share price and the total return. While the share price has gone down, the distributions provided some extra value, making the total return slightly better than the price return alone. Always remember that high yields are not a guarantee of overall profit.

Top Holdings

Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.

111 holdings available

#	Holding	Ticker	Weight
1	n/a	n/a	3.38%
2	n/a	n/a	2.49%
3	SALT LAKE CITY UTAH ARPT REV 5%	n/a	2.42%
4	PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV 5%	n/a	2.22%
5	n/a	n/a	1.97%
6	n/a	n/a	1.94%
7	GREATER ORLANDO AVIATION AUTH ORLANDO FLA ARPT FACS REV 5.25%	n/a	1.88%
8	BROWARD CNTY FLA PORT FACS REV 4%	n/a	1.87%
9	CUYAHOGA CNTY OHIO ECONOMIC DEV REV 5%	n/a	1.85%
10	GODWIN HEIGHTS MICH PUB SCHS 5%	n/a	1.82%

Show all 111 holdings

1. n/a n/a 3.38%

2. n/a n/a 2.49%

3. SALT LAKE CITY UTAH ARPT REV 5% n/a 2.42%

4. PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV 5% n/a 2.22%

5. n/a n/a 1.97%

6. n/a n/a 1.94%

7. GREATER ORLANDO AVIATION AUTH ORLANDO FLA ARPT FACS REV 5.25% n/a 1.88%

8. BROWARD CNTY FLA PORT FACS REV 4% n/a 1.87%

9. CUYAHOGA CNTY OHIO ECONOMIC DEV REV 5% n/a 1.85%

10. GODWIN HEIGHTS MICH PUB SCHS 5% n/a 1.82%

11. n/a n/a 1.77%

12. ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5% n/a 1.67%

13. U.S. BANK MONEY MARKET DEPOSIT ACCOUNT n/a 1.66%

14. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% n/a 1.64%

15. n/a n/a 1.62%

16. HOUSTON TEX ARPT SYS REV 5% n/a 1.57%

17. n/a n/a 1.56%

18. LEE CNTY FLA ARPT REV 5.25% n/a 1.55%

19. WESTFIELD MASS 4% n/a 1.55%

20. n/a n/a 1.53%

21. MONTGOMERY CNTY OHIO HOSP REV 5% n/a 1.41%

22. n/a n/a 1.40%

23. MARICOPA CNTY ARIZ INDL DEV AUTH REV 5% n/a 1.35%

24. POULSBO WASH 5% n/a 1.35%

25. SUNRISE FLA SPL OBLIG 3% n/a 1.31%

26. JACKSON CNTY MO SPL OBLIG 3% n/a 1.30%

27. TRINITY RIV AUTH TEX CONTRACT REV 5% n/a 1.26%

28. n/a n/a 1.25%

29. PHILADELPHIA PA 5.25% n/a 1.24%

30. n/a n/a 1.23%

31. n/a n/a 1.22%

32. n/a n/a 1.21%

33. LONG ISLAND PWR AUTH N Y ELEC SYS REV 5% n/a 1.16%

34. FLORIDA DEV FIN CORP REV 5% n/a 1.15%

35. n/a n/a 1.14%

36. n/a n/a 1.14%

37. n/a n/a 1.14%

38. PIMA CNTY ARIZ INDL DEV AUTH ED REV 5% n/a 1.12%

39. SUMNER WASH WTR & SWR REV 5% n/a 1.09%

40. n/a n/a 1.08%

41. n/a n/a 1.03%

42. NEW JERSEY ST TPK AUTH TPK REV 5% n/a 0.98%

43. PHOENIX ARIZ CIVIC IMPT CORP ARPT REV 4% n/a 0.98%

44. BUCKS CNTY PA INDL DEV AUTH HOSP REV 3% n/a 0.94%

45. GREATER CLARK BLDG CORP IND 5% n/a 0.92%

46. n/a n/a 0.91%

47. n/a n/a 0.90%

48. n/a n/a 0.89%

49. OKLAHOMA CITY OKLA ARPT TRUST 5% n/a 0.89%

50. n/a n/a 0.88%

51. LEHIGH CNTY PA GEN PURP AUTH REVS 4% n/a 0.87%

52. n/a n/a 0.87%

53. PALESTINE TEX INDPT SCH DIST 5% n/a 0.81%

54. OHIO ST HIGHER EDL FAC COMMN REV 5% n/a 0.78%

55. NEW YORK N Y 5% n/a 0.77%

56. PENSACOLA FLA ARPT REV 5.25% n/a 0.75%

57. KING CNTY WASH PUB HOSP DIST NO 001 5% n/a 0.73%

58. CALIFORNIA MUN FIN AUTH REV 5% n/a 0.72%

59. COLORADO HEALTH FACS AUTH REV 4% n/a 0.72%

60. GALVESTON TEX INDPT SCH DIST 4% n/a 0.72%

61. KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% n/a 0.72%

62. NEW ORLEANS LA AVIATION BRD REV 5.25% n/a 0.72%

63. SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH EDL FACS REV 5% n/a 0.71%

64. NEW HAMPSHIRE ST HSG FIN AUTH MULTI-FAMILY HSG 4% n/a 0.68%

65. WASHINGTON CNTY TEX JR COLLEGE DIST REV 2.25% n/a 0.66%

66. KENTUCKY RURAL WTR FIN CORP PUB PROJ REV 2% n/a 0.65%

67. BRYAN TEX ELEC SYS REV 3% n/a 0.61%

68. NEW JERSEY ST HIGHER ED ASSISTANCE AUTH STUD LN 5% n/a 0.61%

69. NEW YORK ST HSG FIN AGY REV 2.1% n/a 0.61%

70. PORT SEATTLE WASH REV 5% n/a 0.60%

71. LAMAR TEX CONS INDPT SCH DIST 5% n/a 0.59%

72. PUBLIC FIN AUTH WIS EDL REV 5% n/a 0.58%

73. MIDLAND CNTY TEX 5% n/a 0.57%

74. MINNEAPOLIS MINN HEALTH CARE SYS REV 5% n/a 0.54%

75. NEW ORLEANS LA AVIATION BRD REV 5% n/a 0.54%

76. FLORIDA HIGHER EDL FACS FING AUTH REV 5% n/a 0.51%

77. NEW YORK TRANSN DEV CORP EXEMPT FAC REV 4% n/a 0.51%

78. MIAMI-DADE CNTY FLA SEAPORT REV 5% n/a 0.50%

79. MINNESOTA AGRIC & ECONOMIC DEV BRD REV 4% n/a 0.41%

80. VIRGINIA ST HSG DEV AUTH 3% n/a 0.40%

81. CLARK CNTY WASH PUB UTIL DIST NO 001 ELEC REV 5% n/a 0.39%

82. EL PASO CNTY TEX HOSP DIST 5% n/a 0.39%

83. WAYNE TWP IND MARION CNTY SCH BLDG CORP 5% n/a 0.37%

84. CHICAGO ILL 5% n/a 0.36%

85. EL DORADO CALIF IRR DIST CTFS PARTN 4% n/a 0.35%

86. PHILADELPHIA PA AUTH FOR INDL DEV CITY SVC AGREEMENT REV 5% n/a 0.35%

87. CHIPPEWA VALLEY MICH SCHS 5% n/a 0.34%

88. JOHNSON CITY TENN HEALTH & EDL FACS BRD HOSP REV 5% n/a 0.33%

89. ALBERTVILLE ALA BRD ED SCH TAX WTS 4.4% n/a 0.32%

90. TOBACCO SETTLEMENT FING CORP N J 5% n/a 0.32%

91. KENTUCKY ST PPTY & BLDGS COMMN REVS 5% n/a 0.29%

92. JACKSONVILLE FLA HEALTH CARE FACS REV 5% n/a 0.28%

93. METROPOLITAN NASHVILLE ARPT AUTH TENN ARPT REV 5% n/a 0.28%

94. ATLANTA GA URBAN RESIDENTIAL FIN AUTH MULTIFAMILY HSG REV 4.95% n/a 0.26%

95. CHICAGO ILL BRD ED 5% n/a 0.26%

96. COOK CNTY ILL SALES TAX REV 5% n/a 0.26%

97. KNOX CNTY TENN HEALTH EDL & HSG FAC BRD HOSP REV 5% n/a 0.26%

98. LAWRENCE KANS HOSP REV 5% n/a 0.26%

99. MASSACHUSETTS ST DEV FIN AGY REV 5% n/a 0.26%

100. SMITHVILLE MO CTFS PARTN 5% n/a 0.26%

101. SUNFIELD MUN UTIL DIST NO 1 TEX 4% n/a 0.26%

102. COLORADO HEALTH FACS AUTH REV 5% n/a 0.25%

103. FORT COLLINS COLO ELEC UTIL ENTERPRISE REV 5% n/a 0.25%

104. ILLINOIS FIN AUTH REV 5% n/a 0.25%

105. LOUISIANA PUB FACS AUTH LEASE REV 5% n/a 0.25%

106. HARRIS CNTY TEX MUN UTIL DIST NO 171 CONTRACT REV 4.13% n/a 0.24%

107. ARKANSAS DEV FIN AUTH HEALTH CARE REV 5% n/a 0.20%

108. LEE CNTY FLA ARPT REV 5% n/a 0.19%

109. RICELAND MGMT DIST TEX 4.5% n/a 0.19%

110. US DOLLARS n/a 0.00%

111. OTHER ASSETS AND LIABILITIES n/a 0.00%

Holdings data last updated Oct 7, 2026 5:50 AM .