RFM

Royal Fund Management Portfolio holdings

AUM $839M

This Quarter Return

-1.01%

1 Year Return

+6.17%

3 Year Return

+20.93%

5 Year Return

+109.26%

10 Year Return

–

AUM

$839M

AUM Growth

-$81.8M (-9%)

Cap. Flow

-$58.5M

Cap. Flow % of AUM

-6.97%

Top 10 Holdings %Top 10 Hldgs %

21.14%

Holding

271

New

Increased

109

Reduced

Closed

Top Buys

1	SPDR Dow Jones Industrial Average ETF Trust DIA	$20M
2	iShares 1-3 Year Treasury Bond ETF SHY	$19.4M
3	Invesco S&P 500 Equal Weight ETF RSP	$12.8M
4	SPDR Gold Trust GLD	$12.3M
5	iShares Expanded Tech-Software Sector ETF IGV	$7.16M

Top Sells

1	Vanguard Information Technology ETF VGT	$21.9M
2	SPDR S&P 500 ETF Trust SPY	$20.4M
3	iShares 20+ Year Treasury Bond ETF TLT	$14.5M
4	iShares Russell 2000 ETF IWM	$12.1M
5	iShares Semiconductor ETF SOXX	$9.38M

Sector Composition

1	Technology	16.9%
2	Healthcare	5.81%
3	Consumer Discretionary	5.69%
4	Industrials	5.15%
5	Financials	4.63%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Vanguard Health Care ETF VHT $15.5B	$7.37M	0.82%	27,576 -26,676	-49%	-$7.13M
27	27 iShares Russell 2000 ETF IWM $65.6B	$7.31M	0.81%	36,561 -60,393	-62%	-$12.1M
28	28 Broadcom AVGO $1.36T	$7.3M	0.81%	43,566 -767	-2%	-$129K
29	29 IBM IBM $242B	$7.3M	0.81%	28,943 +841	+3%	+$212K
30	30 iShares Global Healthcare ETF IXJ $3.81B	$7.28M	0.81%	79,721 +321	+0.4%	+$29.3K
31	31 iShares MSCI India ETF INDA $10B	$7.19M	0.8%	139,424 +2,628	+2%	+$135K
32	32 iShares Expanded Tech-Software Sector ETF IGV $12.2B	$7.16M	0.8%	+80,488	New	+$7.16M
33	33 Qualcomm QCOM $174B	$7.08M	0.79%	45,678 -4,949	-10%	-$767K
34	34 Vanguard Mega Cap Growth ETF MGK $28.2B	$6.91M	0.77%	22,237 -23,193	-51%	-$7.21M
35	35 Oneok OKE $50.9B	$6.83M	0.76%	68,422 -13,510	-16%	-$1.35M
36	36 Darden Restaurants DRI $23.9B	$6.72M	0.75%	31,951 +772	+2%	+$162K
37	37 iShares Core Total USD Bond Market ETF IUSB $32.8B	$6.63M	0.74%	143,641 +5,168	+4%	+$239K
38	38 AT&T T $200B	$6.5M	0.72%	229,317 +2,164	+1%	+$61.3K
39	39 Blackstone BX $139B	$6.45M	0.72%	45,750 +3,812	+9%	+$538K
40	40 Walmart WMT $778B	$6.41M	0.71%	72,570 -74,834	-51%	-$6.61M
41	41 Amazon AMZN $2.46T	$6.38M	0.71%	33,510 +1,434	+4%	+$273K
42	42 Amgen AMGN $165B	$6.31M	0.7%	19,796 -281	-1%	-$89.6K
43	43 SPDR S&P Capital Markets ETF KCE $544M	$6.16M	0.69%	48,559 -552	-1%	-$70.1K
44	44 3M MMM $80.6B	$5.94M	0.66%	40,021 +2,490	+7%	+$370K
45	45 Phillips 66 PSX $50.9B	$5.85M	0.65%	46,986 -3,395	-7%	-$423K
46	46 Garmin GRMN $45.4B	$5.83M	0.65%	26,446 +277	+1%	+$61.1K
47	47 Alphabet (Google) Class A GOOGL $2.34T	$5.67M	0.63%	36,666 -140	-0.4%	-$21.7K
48	48 Waste Management WM $92.4B	$5.65M	0.63%	23,973 -21,297	-47%	-$5.02M
49	49 Cisco CSCO $272B	$5.63M	0.63%	90,751 +23,765	+35%	+$1.47M
50	50 Tesla TSLA $1.02T	$5.6M	0.62%	21,597 -9,533	-31%	-$2.47M