RJ Eagle GCM Dividend Select Income ETF (RJDI)

RJDI is a part of the initial suite of ETFs from Raymond James. The fund focuses on generating quarterly income and long-term growth. It aims to actively allocate towards high-quality, dividend-paying US large-cap equities, with flexibility to invest across market capitalizations and selectively in higher-yielding securities. The strategy is a blend of top-down sector insights with bottom-up stock selection, to invest in 25-40 stocks. To enhance yield, the fund also invests in higher-yielding companies of any size, including out-of-favor companies, MLPs, YieldCos, BDC, and REITs. The fund may also lend securities for extra income. It is also considered non-diversified, allowing for larger positions in individual issuers.