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CEFZRiverNorth Active Income ETF

Diversifier19y track recordRanked #160 of 266 in this goal

Seeks long-term capital appreciation and income.

By RiverNorth Funds · Launched 2006

Annual Cost

3.36%

#5,840 of 5,861 · expensive

Fund Size

$40M

#3,862 of 5,861 · mid-size

Return (1Y)Goal

+21.2%

Track Record

19 years

#384 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$11,309+13.1%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 52.5% of fundmoderately concentrated

State Street Institutional Tre
9.2%
Pershing Square Holdings Ltd/F
8.6%
iShares Flexible Income Active
6.6%
Saba Capital Income & Opportun
5.0%
Western Asset Inflation-Linked
4.4%
Invesco RAFI Emerging Markets
4.3%
Clough Global Equity Fund
4.1%
BlackRock Science and Technolo
3.6%
Royce Small-Cap Trust Inc
3.3%
Royce Micro-Cap Trust Inc
3.2%

Asset allocation

Stocks
51.5%
Bonds
26.7%
Other
18.2%
Cash
2.0%
Preferred
1.1%
Convertible
0.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
11.4%Moderate

Year-on-year price swings

Max drawdown
-93.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca, Cboe BZX

Full fund details

Objective
Seeks long-term capital appreciation and income.
Strategy
Allocates investments among international and domestic equities, fixed income securities, and cash equivalents, primarily through closed-end funds and direct investments. May invest in foreign securities, including emerging markets, and seeks to provide both capital appreciation and income.
Inception date
December 27, 2006
Fund family
RiverNorth Funds

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Data updated on 2026-08-04