RiverNorth Active Income ETF (CEFZ)

Cboe BZX: CEFZExchange-traded fund from RiverNorth Funds.

  • Net assets$39.9M
  • Dividend yield10.55%
  • 1-year return+5.48%
  • Holdings42

CEFZ ETF price chart

CEFZ quote & trading statistics

  • YTD+2.64%
  • 1 year+5.48%
  • 3 years+15.89%/yr
  • 5 years+5.89%/yr
  • 10 years+8.30%/yr
1Y volatility
9.36%
3Y volatility
8.56%
3Y Sharpe ratio
1.16

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

CEFZ top 10 holdings

All holdings →
RiverNorth Active Income ETF largest holdings by weight
#SymbolNameWeight
1PSUSPershing Square USA, Ltd.10.62%
2SABASaba Capital Income & Opportunities Fund II6.24%
3PXHInvesco FTSE RAFI Emerging Markets ETF5.06%
4BSTZBlackRock Science and Technology Term Trust4.75%
5PSHPershing Square Holdings Ltd4.64%
6GLQClough Global EF4.14%
7BMEZBlackRock Health Sciences Trust II4.06%
8RMTRoyce Micro Cap Closed Fund3.85%
9RVTRoyce Value Closed Fund3.59%
10GOFGuggenheim Strategic Opportunities Closed Fund3.38%

The top 10 holdings make up 50.3% of the fund (42 holdings in total). As of October 25, 2026.

CEFZ sector weights

Financial Services
61.9%
Technology
10.9%
Consumer Cyclical
6.4%
Industrials
5.2%
Communication Services
4.5%
Healthcare
2.3%
Energy
2.3%
Real Estate
2.2%
Basic Materials
1.5%
Consumer Defensive
0.9%
Utilities
0.3%

CEFZ region weights

North America
88.3%
Asia Emerging
4.3%
Asia Developed
2.2%
Latin America
1.2%
Europe Developed
0.5%
Africa/Middle East
0.5%
United Kingdom
0.2%
Europe Emerging
0.1%
Japan
0.1%

CEFZ asset allocation

U.S. stocks
55.4%
Bonds
18.9%
Other
12.4%
Non-U.S. stocks
8.9%
Cash
3.4%
Not classified
1.2%

CEFZ market-cap breakdown

Mega cap
11.0%
Large cap
9.3%
Small cap
8.0%
Micro cap
6.1%
Mid cap
3.3%

About RiverNorth Active Income ETF

The fund's adviser will allocate the fund's investments among equities, fixed income securities, and cash and cash equivalents. The adviser may allocate to the various asset classes either through the purchase of closed-end investment companies (including business development companies (BDCs)), exchange-traded funds (ETFs) and other investment companies (collectively, underlying funds) or through direct investment in the various securities. To achieve exposure to the asset classes discussed above, it will typically invest more than 50% of its assets in underlying funds.

CEFZ ETF FAQ

How much money is in CEFZ?

RiverNorth Active Income ETF has about $39.9M in net assets.

What are the top holdings of CEFZ?

The largest positions in CEFZ are Pershing Square USA, Ltd. (10.62%), Saba Capital Income & Opportunities Fund II (6.24%), Invesco FTSE RAFI Emerging Markets ETF (5.06%). The fund holds 42 securities in total.

How has CEFZ performed?

CEFZ returned +5.48% over the past year and +5.89% a year over the past five years, including reinvested distributions.

Does CEFZ pay dividends?

CEFZ has a dividend yield of 10.55%.

When was CEFZ launched?

RiverNorth Active Income ETF began trading on December 27, 2006.