Symbols

Symbols

CEFZ

RiverNorth Active Income ETF·CBOE

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Key Stats

Assets Under Management

37.18MUSD

Fund Flow (1Y)

1.91MUSD

Dividend Yield

6.09%

Discount / Premium to NAV

-0.19%

Shares Outstanding

4.70M

Expense Ratio

3.36%

About RiverNorth Active Income ETF

Issuer

TrueMark Investments, LLC

Brand

RiverNorth

Home Page

https://www.true-shares.com/etf/cefz

Inception Date

Dec 27, 2006

Structure

Open-Ended Fund

Index Tracked

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Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Truemark Investments LLC

Distributor

Paralel Distributors LLC

CEFZ is an actively managed fund that primarily invests in closed-end funds and exchange-traded funds. While RiverNorth believes markets are generally efficient, closed-end funds offer a unique structure whereby investors can purchase a diversified fund and potentially generate additional return through the change in the relationship between the closed-end fund's market price and Net Asset Value (NAV). The Fund's objective is to achieve long-term capital appreciation and income.

Classification

Asset Class

Asset Allocation

Category

Asset Allocation

Focus

Target Outcome

Niche

Income & Capital Appreciation

Strategy

Active

Geography

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Weighting Scheme

Proprietary

Selection Criteria

Proprietary

Analysis

Sector

Financial Services

62.36%

Energy

7.60%

Technology

6.83%

Industrials

6.00%

Real Estate

5.26%

Consumer Cyclical

4.03%

Healthcare

2.14%

Utilities

1.79%

Basic Materials

1.76%

Show More

Asset

Holdings

Symbol

Ratio

State Street Inst Treasury MMKT - Premier Class

10.21%

Pershing Square Holdings Ltd

8.05%

iShares Flexible Income Active

6.60%

SABA

Saba Capital

4.87%

WIW

Western Asset Inflation-Linked Opportunities & Income Fund

4.37%

Symbol

Ratio

GLQ

Clough Global Equity

4.20%

PXH

Invesco RAFI Emerging Markets ETF

4.18%

BSTZ

BlackRock Science

3.48%

RVT

Royce Small-Cap

3.33%

RMT

Royce Micro-Cap Trust

3.27%

Top 10 Weight 52.56%

53 Total Holding

See all holdings

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Seasonals

Volume Profile

Trade Flow Insight

Community

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