CEFZRiverNorth Active Income ETF

Diversifier19y track recordRanked #150 of 240 in this goal

Seeks long-term capital appreciation and income.

By RiverNorth Funds · Launched 2006

Annual Cost

3.36%

#5,541 of 5,562 · expensive

Fund Size

$40M

#3,777 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

19 years

#392 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,396+14.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 46.8% of fundmoderately concentrated

Pershing Square Holdings Ltd/F

9.5%

iShares Flexible Income Active

6.5%

Saba Capital Income & Opportun

4.8%

Western Asset Inflation-Linked

4.3%

Clough Global Equity Fund

4.1%

Invesco RAFI Emerging Markets

3.9%

BlackRock Resources & Commodit

3.9%

BlackRock Science and Technolo

3.5%

Calamos Long/Short Equity & Dy

3.2%

Royce Small-Cap Trust Inc

3.1%

Asset allocation

Stocks

53.1%

Bonds

26.1%

Other

13.9%

Cash

5.5%

Preferred

1.1%

Convertible

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-6.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca, Cboe BZX

Full fund details

Objective: Seeks long-term capital appreciation and income.
Strategy: Invests primarily in a mix of international and domestic equities, fixed income securities, and cash equivalents. Allocations may include closed-end funds, ETFs, and direct investments, with a focus on fundamental and technical analysis.
Inception date: December 27, 2006
Fund family: RiverNorth Funds