ETF profile for Rivernorth Active Income ETF (CEFZ) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
CEFZ ETF Profile
| Family: |
TrueShares |
| Name: |
RiverNorth Active Income ETF |
|
|
| Inception Date: |
4-Aug-2025 |
| Termination Date: |
|
| Investment Objective: |
RiverNorth Active Income ETF is actively managed. The Fund seeks to generate an attractive level of income combined with a unique, uncorrelatted source of alpha from closed-end fund discount trading. The Fund's assets are primarily allocated among closed-end funds ("CEFs") and exchange-traded funds ("ETFs"). Closed-end funds offer a unique structure whereby investors can purchase a diversified fund and potentially generate additional return through discount narrowing. Opportunistically utilizes a combination of short-term and long-term trading strategies to seek to derive value from changes in discounts and premiums associated with closed-end funds. The Fund will typically invest more than 50% of its assets in Underlying Funds. The remaining portion of the Fund's assets will be invested in individual equity and fixed income securities and real estate investment trusts ("REITs"), limited partnerships and structured securities, such as collateralized mortgage and debt obligations. REITs are companies that invest in real estate either directly or through mortgage securities. |
|
|
| Prospectus |
|
|
|
| Top 10 Holdings |
|
|
|
Top 10 Holdings Weight: |
|
| Number of Holdings: |
|
| Shares Outstanding: |
5,124,455 |
| Total Net Assets: |
40,661,524 |
| NAV: |
7.91 |
| Net Expense Ratio: |
2.82% |
|
|
| Asset Class: |
Target Date / Multi-Asset |
| Developed or Emerging: |
Funds Combining Developed & Emerging Exposure |
| Country: |
|
| Region: |
|
| Strategy: |
|
| Currency: |
|
| Commodity: |
|
| Sector: |
|
| Industry: |
|
| Dividend Type: |
|
| Tax Exempt State: |
|
| Maturity Duration: |
|
| Market Cap: |
|
| Credit Quality: |
|
| Mortgage Bond Types: |
|
| Bond Type: |
|
| Gov't Bond Types: |
|
| Reit Type: |
|
| Leverage Direction/Factor: |
|
| Is Currency Hedged: |
No |
| US or Ex-US: |
Global |
