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RiverNorth Patriot ETF declares annual distribution of $0.445
Seeking Alpha News (Fri, 26-Dec 10:09 AM ET)
The Fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities, including common stock of mid cap and large cap companies, tied to the economy of the U.S. RiverNorth Capital Management, LLC, the Funds sub-adviser, will consider a company to be tied to the U.S. economy if: 1) the company is organized under the laws of the U.S.; 2) the shares of the company are traded principally in the U.S., and 3) the company generates at least 90% of its revenue from its activities in the U.S. In addition, to be eligible for inclusion in the Funds portfolio, a company also must have, at the time of purchase, a market capitalization over $5 billion.
Rivernorth Patriot ETF trades on the ARCA stock market under the symbol FLDZ.
As of December 26, 2025, FLDZ stock price declined to $29.27 with 2,945 million shares trading.
FLDZ has a market cap of $3.81 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, FLDZ traded as high as $30.35 and as low as $20.58.
FLDZ has underperformed the market in the last year with a price return of +6.4% while the SPY ETF gained +16.0%. FLDZ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.2% and -0.3%, respectively, while the SPY returned +4.7% and +0.7%, respectively.
FLDZ support price is $29.17 and resistance is $29.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLDZ shares will trade within this expected range on the day.