RJVI: RJ EAGLE VERTICAL INCOME ETF
ETF Education Report: RJ EAGLE VERTICAL INCOME ETF (RJVI)
What this ETF is trying to do
The RJ EAGLE VERTICAL INCOME ETF (RJVI) is an exchange-traded fund listed on the NYSE. Based on its name and holdings, it focuses on providing income to investors. It holds a variety of different assets, including money market accounts and various corporate stocks.
What the numbers show
As of September 18, 2026, the current price of one share is $24.57. When looking at how the fund has performed so far this year (Year-to-Date), it is important to look at two different numbers:
• Price Return: The year-to-date price return is -1.62%. This number only measures how much the share price itself has changed.
• Total Return: The year-to-date total return is 1.09%. Total return is a different measurement because it includes the value of distributions (cash payments) received by the fund.
Because the total return is positive while the price return is negative, it shows that the cash distributions helped offset the drop in the share price.
Income and distribution explanation
This ETF pays out cash to investors, which is called a distribution. The distribution yield is 3.72%. This means the amount of cash paid out is about 3.72% relative to the current share price. Over the last 12 months, there were 11 distributions. These payments usually happen on a monthly basis, and they most often occur on a Friday.
It is important to remember that a distribution yield is not the same as total return. While distributions provide cash income, they do not guarantee that your original investment will stay the same value.
Top Holdings
The following is a partial list of the top holdings in this ETF. Please note that holdings can change over time.
• U.S. Bank Money Market Deposit Account (2.23%)
• Dollar General Corporation (1.95%)
• Honeywell International Inc. (1.95%)
• Diageo Capital PLC (1.94%)
• Union Pacific Corporation (1.88%)
• Apple Inc. (1.87%)
• Comcast Corporation (1.79%)
• American Electric Power Co, Inc. (1.49%)
• CMS Energy Corporation (1.49%)
• Jabil Inc (1.49%)
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes be related to erosion, a falling market price does not automatically prove that the NAV has declined. For this ETF, there is no severe erosion-risk flag present. However, the erosion score is currently withheld due to insufficient verified price history.
Pros
• The fund provides regular cash distributions, usually every month.
• The total return is currently positive for the year, even though the share price has dipped slightly.
Cons
• The year-to-date price return is negative, meaning the share price has decreased.
• The income rating grade for this fund is a "D."
Beginner takeaway
When looking at an ETF like RJVI, it is helpful to distinguish between the share price and the total return. A fund might have a falling share price, but if it pays out regular distributions, the total return might still be positive. Always remember that high yields provide cash, but they do not protect the principal investment from price changes.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | DOLLAR GENERAL CORPORATION 5.45% | n/a | 1.96% |
| 2 | HONEYWELL INTERNATIONAL INC. 5% | n/a | 1.95% |
| 3 | DIAGEO CAPITAL PLC 3.88% | n/a | 1.91% |
| 4 | UNION PACIFIC CORPORATION 5.6% | n/a | 1.84% |
| 5 | APPLE INC. 3.75% | n/a | 1.82% |
| 6 | COMCAST CORPORATION 5.35% | n/a | 1.72% |
| 7 | AMERICAN EXPRESS COMPANY 6.45% | n/a | 1.53% |
| 8 | CMS ENERGY CORPORATION 4.75% | n/a | 1.51% |
| 9 | EQUIFAX INC. 5.1% | n/a | 1.51% |
| 10 | n/a | GOOGM | 1.51% |