RiverNorth Active Income ETF (CEFZ) Holdings
CEFZ holdings summary
as of Oct 25, 2026- Holdings
- 42 positions listed
- Top 10 weight
- 50.5% of net assets
- Effective holdings
- 23 equal-weight equivalent
- Largest holding
- PSUS 10.62% Pershing Square USA, Ltd.
- Annual turnover
- — of the portfolio traded
All CEFZ holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | PSUS | Pershing Square USA, Ltd. | Financial Services | 10.62% | $4.2M | — | — |
| 2 | SABA | Saba Capital Income & Opportunities Fund II | Financial Services | 6.24% | $2.5M | — | — |
| 3 | PXH | Invesco FTSE RAFI Emerging Markets ETF | Other | 5.06% | $2.0M | — | — |
| 4 | BSTZ | BlackRock Science and Technology Term Trust | Financial Services | 4.75% | $1.9M | — | — |
| 5 | PSH | Pershing Square Holdings Ltd | Financial Services | 4.64% | $1.8M | — | — |
| 6 | GLQ | Clough Global EF | Financial Services | 4.14% | $1.7M | — | — |
| 7 | BMEZ | BlackRock Health Sciences Trust II | Financial Services | 4.06% | $1.6M | — | — |
| 8 | RMT | Royce Micro Cap Closed Fund | Financial Services | 3.85% | $1.5M | — | — |
| 9 | RVT | Royce Value Closed Fund | Financial Services | 3.59% | $1.4M | — | — |
| 10 | OTF | Blue Owl Technology Finance Corp. | Financial Services | 3.54% | $1.4M | $4.18B | 11.4 |
| 11 | GOF | Guggenheim Strategic Opportunities Closed Fund | Financial Services | 3.38% | $1.4M | — | — |
| 12 | CPZ | Calamos LongShort Equity & Dynamic Income Trust | Financial Services | 3.08% | $1.2M | — | — |
| 13 | FSSL | FS Specialty Lending Fund | Other | 2.92% | $1.2M | — | — |
| 14 | GLO | Clough Global Opportunities Fund | Financial Services | 2.88% | $1.2M | — | — |
| 15 | FSCO | FS Credit Opportunities Corp. | Financial Services | 2.88% | $1.1M | $1.02B | 8.3 |
| 16 | BSL | Blackstone GSO Senior Floating Rate Term Closed Fund | Financial Services | 2.63% | $1.1M | — | — |
| 17 | KYN | Kayne Anderson MLP Investment Closed Fund | Financial Services | 2.34% | $935,505.41 | — | — |
| 18 | WIW | Western Asset Claymore Inflation Linked Opportunities and Income Closed Fund | Financial Services | 2.32% | $926,886.55 | — | — |
| 19 | ORCC | Owl Rock Capital Corp | Financials | 2.21% | $882,236.07 | — | — |
| 20 | HYT | BlackRock Corporate High Yield Fund | Financial Services | 2.09% | $833,036.75 | — | — |
| 21 | GAB | Gabelli Equity Trust Closed Fund | Financial Services | 2.02% | $805,743.69 | — | — |
| 22 | CSQ | Calamos Strategic Total Return Closed Fund | Financial Services | 1.92% | $765,163.23 | — | — |
| 23 | BINC | iShares Flexible Income Active ETF | Other | 1.51% | $601,404.89 | — | — |
| 24 | TSLX | Sixth Street Specialty Lending, Inc. | Financial Services | 1.30% | $519,166.60 | $1.62B | 18.3 |
| 25 | HHH | Howard Hughes Holdings Inc. | Real Estate | 1.14% | $456,759.67 | $4.10B | 13.9 |
| 26 | GLV | Clough Global Allocation Fund | Financial Services | 1.05% | $420,049.71 | — | — |
| 27 | PDX | PIMCO Energy & Tactical Credit Opps | Financial Services | 1.04% | $416,737.84 | — | — |
| 28 | PDI | PIMCO Dynamic Income Fund | Financial Services | 0.98% | $391,160.57 | — | — |
| 29 | BPRE | Bluerock Private Real Estate Fund | Financial Services | 0.98% | $390,641.84 | — | — |
| 30 | BRW | Saba Capital Income & Opportunities Fund | Financial Services | 0.95% | $380,905.72 | — | — |
| 31 | BIGZ | Blackrock Innovation & Growth Trust | Financial Services | 0.73% | $291,086.03 | — | — |
| 32 | BIT | Blackrock Multi Sector Income Closed Fund | Financial Services | 0.70% | $280,392.26 | — | — |
| 33 | FTHY | First Trust High Yield Opportunities 2027 Term Fund | Financial Services | 0.62% | $245,956.72 | — | — |
| 34 | SPE | Special Opportunities Closed Fund | Financial Services | 0.54% | $216,828.17 | — | — |
| 35 | MSDL | Morgan Stanley Direct Lending Fund | Financial Services | 0.48% | $192,128.75 | — | — |
| 36 | NMFC | New Mountain Finance Corporation | Financial Services | 0.46% | $183,230.58 | $636.6M | — |
| 37 | NHS | Neuberger Berman High Yield Strategies | Financial Services | 0.46% | $182,113.32 | — | — |
| 38 | CCAP | Crescent Capital BDC, Inc. | Financial Services | 0.41% | $163,957.85 | $327.9M | — |
| 39 | PFO | Flaherty & Crumrine Preferred Inc Oppty Fund Inc | Financial Services | 0.27% | $108,015.06 | — | — |
| 40 | IFN | India Closed Fund | Financial Services | 0.25% | $100,593.27 | — | — |
| 41 | RQI | Cohen & Steers Quality Income Realty Fund Inc | Financial Services | 0.24% | $97,480.90 | — | — |
| 42 | BCAT | BlackRock Capital Allocation Trust | Financial Services | 0.00% | $39.90 | $1.38B | 5.4 |
Weights as a percentage of net assets. Value held = weight × net assets ($39.9M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
CEFZ sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Financial Services | 82.5% | 37 | PSUS, SABA, BSTZ |
| Other | 9.5% | 3 | PXH, FSSL, BINC |
| Financials | 2.2% | 1 | ORCC |
| Real Estate | 1.1% | 1 | HHH |
Sum of the weights of the holdings in each sector.
CEFZ top industries
CEFZ overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 0.0% | 3 of 8,035 | 0.05% |
| VTI | Vanguard Total Stock Market ETF | 0.0% | 1 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.0% | 0 of 502 | 0.09% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| IWM | iShares Russell 2000 ETF | 0.0% | 0 of 1,962 | 0.19% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the CEFZ portfolio
RiverNorth Active Income ETF holds 42 positions. The ten largest make up 50.5% of the fund, so it behaves like a portfolio of about 23 equally weighted positions. The biggest positions are Pershing Square USA, Ltd. (10.62%), Saba Capital Income & Opportunities Fund II (6.24%), Invesco FTSE RAFI Emerging Markets ETF (5.06%), BlackRock Science and Technology Term Trust (4.75%), Pershing Square Holdings Ltd (4.64%).
By sector, Financial Services is 82.5%, Other is 9.5%, Financials is 2.2%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: CEFZ chart, CEFZ performance, CEFZ dividends, CEFZ bond profile, CEFZ overview.
CEFZ holdings FAQ
How many holdings does CEFZ have?
CEFZ holds 42 positions as of October 25, 2026.
What are the top 10 holdings of CEFZ?
The ten largest holdings are Pershing Square USA, Ltd. (10.62%), Saba Capital Income & Opportunities Fund II (6.24%), Invesco FTSE RAFI Emerging Markets ETF (5.06%), BlackRock Science and Technology Term Trust (4.75%), Pershing Square Holdings Ltd (4.64%), Clough Global EF (4.14%), BlackRock Health Sciences Trust II (4.06%), Royce Micro Cap Closed Fund (3.85%), Royce Value Closed Fund (3.59%), Blue Owl Technology Finance Corp. (3.54%). Together they are 50.5% of the fund.
What percentage of CEFZ is Pershing Square USA, Ltd.?
Pershing Square USA, Ltd. is the largest holding at 10.62% of net assets, about $4.2M of the fund's $39.9M.
Which sector is the largest in CEFZ?
Financial Services is the largest sector at 82.5%, followed by Other (9.5%) and Financials (2.2%), based on the sectors of the individual holdings.
How concentrated is CEFZ?
The top 10 holdings are 50.5% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) CEFZ behaves like a portfolio of about 23 equally weighted positions.