The RiverNorth Closed-End Fund ("CEF") Index is an equal weighted index of 75 taxable closed-end funds. The
rules-based index has two objectives: 1) to ensure the index constituents provide asset class exposures
similar to the broader taxable closed-end fund market, and, 2) to ensure the index constituents have trading
liquidity. To accomplish these objectives, the RiverNorth methodology weights the asset classes based on
their respective net asset values within the taxable closed-end fund market and second, selects the most liquid
closed-end funds within each asset class, and equally weights each security to represent the asset class in the
index. The index is rebalanced annually on June 30th.
| Symbol |
Weighting |
Fund Name |
| PDX |
1.66% | PIMCO Dynamic Income Strategy Fund |
| IFN |
1.58% | India Fund Inc |
| FEI |
1.58% | First Trust MLP & Energy Income Fund |
| KYN |
1.54% | Kayne Anderson Energy Infrastructure Fund, Inc. |
| ADX |
1.49% | Adams Diversified Equity Fund Inc Shs |
| FFC |
1.47% | Flaherty & Crumrine Preferred and Income Securities Fund Incorporated |
| VVR |
1.45% | Invesco Senior Income Trust |
| OXLC |
1.45% | Oxford Lane Capital Corp |
| EMD |
1.44% | Western Asset Emerging Markets Debt Fund Inc |
| JQC |
1.44% | Nuveen Credit Strategies Income Fund |
| JPC |
1.43% | Nuveen Preferred & Income Opportunities Fund of Benef Interest |
| USA |
1.42% | Liberty All Star Equity Fund |
| EOD |
1.42% | Allspring Global Dividend Opportunity Fund of Benef Interest |
| HYT |
1.41% | BlackRock Corporate High Yield Fund Inc |
| CSQ |
1.41% | Calamos Strategic Total Return Fund |
| PDT |
1.41% | John Hancock Premium Dividend Fund |
| BCAT |
1.41% | BlackRock Capital Allocation Term Trust |
| WDI |
1.40% | Western Asset Diversified Income Fund Registeredof Benef Interest |
| NBXG |
1.39% | Neuberger Berman Next Generation Connectivity Fund Inc |
| CHW |
1.39% | Calamos Global Dynamic Income Fund |
| RIV |
1.39% | RiverNorth Opportunities Fund, Inc. |
| RVT |
1.39% | Royce Value Trust Inc |
| DHF |
1.38% | BNY Mellon High Yield Strategies Fund of Benef Interest |
| ECC |
1.38% | Eagle Point Credit Co., Inc. |
| DSL |
1.38% | DoubleLine Income Solutions Fund |
| NML |
1.38% | Neuberger Berman Energy Infrastructure and Income Fund Inc. |
| BGR |
1.37% | BlackRock Energy and Resources Trust |
| PDI |
1.37% | PIMCO Dynamic Income Fund |
| PTY |
1.37% | PIMCO Corporate & Income Opportunity Fund |
| DHY |
1.37% | Credit Suisse High Yield Bond Fund |
| BST |
1.37% | BlackRock Science & Technology Trust |
| IGR |
1.37% | CBRE Global Real Estate Income Fund |
| PTA |
1.36% | Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund |
| BSTZ |
1.36% | BlackRock Science and Technology Term Trust of Benef Interest |
| FAX |
1.36% | abrdn Asia-Pacific Income Fund, Inc. |
| ETY |
1.36% | Eaton Vance Tax-Managed Diversified Equity Income Fund |
| PFN |
1.36% | PIMCO Income Strategy Fund II |
| BTZ |
1.35% | BlackRock Credit Allocation Income Trust |
| EVV |
1.34% | Eaton Vance Limited Duration Income Fund |
| NFJ |
1.33% | Virtus Dividend. Interest & Premium Strategy Fund of Beneficial Interest |
| AWP |
1.33% | abrdn Global Premier Properties Fund |
| GLO |
1.33% | Clough Global Opportunities Fund |
| RQI |
1.32% | Cohen & Steers Quality Income Realty Fund Inc Quality Income Realty Fund |
| GGN |
1.32% | GAMCO Global Gold. Natural Resources & Income Trust |
| IGD |
1.32% | Voya Global Equity Dividend and Premium Opportunity Fund |
| BIGZ |
1.32% | BlackRock Innovation and Growth Term Trust |
| EXG |
1.31% | Eaton Vance Tax-Managed Global Diversified Equity Income Fund |
| PHK |
1.29% | Pimco High Income Fund |
| ETJ |
1.29% | Eaton Vance Risk-Managed Diversified Equity Income Fund |
| ETV |
1.29% | Eaton Vance Tax-Managed Buy-Write Opportunities Fund |
| ASG |
1.29% | Liberty All-Star Growth Fund Inc |
| CIK |
1.28% | Credit Suisse Asset Management Income Fund Inc |
| BGY |
1.28% | BlackRock Enhanced International Dividend Trust of Benef Interest |
| CRF |
1.28% | Cornerstone Total Return Fund Inc |
| AOD |
1.28% | abrdn Total Dynamic Dividend Fund |
| ETW |
1.27% | Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund |
| BMEZ |
1.27% | BlackRock Health Sciences Term Trust |
| UTF |
1.27% | Cohen & Steers Infrastructure Fund, Inc. |
| BDJ |
1.27% | BlackRock Enhanced Equity Dividend Trust |
| FPF |
1.26% | First Trust Intermediate Duration Preferred & Income Fund |
| NCZ |
1.26% | Virtus Convertible & Income Fund II Beneficial Interest |
| BCX |
1.26% | BlackRock Resources & Commodities Strategy Trust |
| NCV |
1.26% | Virtus Convertible & Income Fund of Beneficial Interest |
| UTG |
1.25% | Reaves Utility Income Fund |
| BKT |
1.25% | Blackrock Income Trust Inc |
| MIN |
1.24% | MFS Intermediate Income Trust |
| CLM |
1.24% | Cornerstone Strategic Value Fund Inc |
| GAB |
1.24% | Gabelli Equity Trust Inc |
| GOF |
1.21% | Guggenheim Strategic Opportunities Fund |
| ZTR |
1.20% | Virtus Total Return Fund Inc |
| DNP |
1.10% | DNP Select Income Fund Inc |
| GUT |
1.06% | Gabelli Utility Trust |
| TDF |
1.03% | Templeton Dragon Fund Inc |
| RA |
1.01% | Brookfield Real Assets Income Fund Inc of Benef. Interest |
| HFRO |
1.00% | Highland Opportunities and Income Fund |
The index was created and developed by RiverNorth Capital Management, LLC. RiverNorth does not guarantee the accuracy or the completeness of the index or any data included therein and RiverNorth shall have no liability for any errors, omissions or interruptions therein. RiverNorth makes no warranty, express or implied, as to results to be obtained by any person or entity from the use of the index or any data included therein. RiverNorth makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, in no event shall RiverNorth have any liability for any special, punitive, direct, indirect or consequential damages (including lost profits) arising out of matters relating to the use of the index, even if notified of the possibility of such damages.
The historical values above have not been verified by an independent third party. The historical performance data is for illustrative purposes only and does not represent the actual performance of any investment product. No representation is being made that any investment will achieve performance similar to that shown. The index does not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the historical performance shown. The index is unmanaged and an investor cannot invest directly in the index.
Performance information for the index is for illustrative purposes only and does not represent the performance of any actual investment. The historical performance of the price and NAV of the index should not be taken as an indication of future performance, and no assurance can be given as to the index's value on any date. The data for the historical performance of the index was calculated on materially the same basis on which the performance of the index is now calculated.
