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 |
| CLM |
1.55% | Cornerstone Strategic Value |
| CRF |
1.54% | Cornerstone Total Return |
| IFN |
1.46% | India Fund Inc |
| DNP |
1.41% | DNP Select Income |
| GLO |
1.40% | Clough Global Opportunities |
| HGLB |
1.39% | Highland Global Allocation Fund |
| BHK |
1.38% | BlackRock Core Bond |
| EVV |
1.38% | EV Limited Duration Income |
| NHF |
1.38% | NexPoint Strategic Opportunities Fund |
| JFR |
1.38% | Nuveen Floating Rate Income |
| HYT |
1.37% | BlackRock Corp High Yield |
| ETY |
1.37% | EV Tax-Managed Div Equity Income |
| FPF |
1.37% | First Trust Inter Dur Pref & Income Fund |
| VVR |
1.37% | Invesco Senior Income Trust |
| ETW |
1.37% | EV Tax-Managed Glb B-W Opps |
| OXLC |
1.36% | Oxford Lane Capital Corp |
| IGD |
1.36% | Voya Global Equity Dividend&Premium Opp |
| ETV |
1.36% | EV Tax-Managed Buy-Write Opps |
| ADX |
1.36% | Adams Diversified Equity Fund |
| BXMX |
1.36% | Nuveen S&P 500 Buy-Write Income |
| CIK |
1.36% | Credit Suisse Asset Mgmt Income |
| NSL |
1.36% | Nuveen Senior Income |
| JPC |
1.36% | Nuveen Pref & Income Opps Fund |
| NML |
1.35% | NB MLP and Energy Income Fund Inc. |
| NFJ |
1.35% | Virtus Divid, Interest & Prem |
| EXG |
1.35% | EV Tax-Mgd Gbl Div Equity Income |
| PDT |
1.35% | JH Premium Dividend Fund |
| JPS |
1.35% | Nuveen Pref & Income Securities Fund |
| HIO |
1.35% | Western Asset High Income Opp |
| GAB |
1.34% | Gabelli Equity Trust |
| BTZ |
1.34% | BlackRock Credit Allocation Inc |
| MIN |
1.34% | MFS® Intermediate Income |
| ASG |
1.34% | Liberty All-Star Growth |
| NCZ |
1.34% | Virtus AllianzGI Convert & Inc Fund II |
| CSQ |
1.34% | Calamos Strategic Total Return |
| NCV |
1.34% | Virtus AllianzGI Convert & Inc Fund |
| NRGX |
1.34% | PIMCO Energy & Tactical Credit Opps |
| GDV |
1.34% | Gabelli Dividend & Income |
| JQC |
1.34% | Nuveen Credit Strategies Income |
| KMF |
1.33% | Kayne Anderson MidstreamEnergy |
| FPL |
1.33% | First Trust New Opps MLP & Energy |
| GIM |
1.33% | Templeton Global Income |
| BDJ |
1.33% | BlackRock Enhanced Equity Div |
| RA |
1.33% | Brookfield Real Assets Income Fund Inc. |
| ZTR |
1.33% | Virtus Total Return Fund Inc. |
| AOD |
1.32% | Aberdeen Total Dynamic Dividend |
| USA |
1.32% | Liberty All-Star Equity |
| EOD |
1.32% | Wells Fargo Global Dividend Opportunity |
| BGR |
1.32% | BlackRock Energy & Resources |
| BKT |
1.32% | BlackRock Income Trust |
| IGR |
1.31% | CBRE Clarion Global Real Est Income |
| RVT |
1.31% | Royce Value Trust |
| PCI |
1.31% | PIMCO Dynamic Credit and Mortgage Inc |
| AWP |
1.31% | Aberdeen Global Premier Property |
| UTG |
1.31% | Reaves Utility Income |
| EDD |
1.31% | MS Emerging Markets Domestic |
| BCX |
1.30% | BlackRock Resources & Commdty |
| UTF |
1.30% | Cohen & Steers Infrastructure |
| DPG |
1.30% | Duff & Phelps Utility and Infra Fund Inc |
| RQI |
1.30% | Cohen & Steers Qty Inc Realty |
| FAX |
1.29% | Aberdeen Asia-Pacific Income |
| DHY |
1.29% | Credit Suisse High Yield Bond |
| GGN |
1.29% | GAMCO Glb Gold Natural Res & Income |
| PTY |
1.28% | PIMCO Corporate & Income Opps |
| PDI |
1.28% | PIMCO Dynamic Income |
| BMEZ |
1.28% | BlackRock Health Sciences Trust II |
| PHK |
1.27% | PIMCO High Income |
| BSTZ |
1.27% | BlackRock Science & Technology Trust II |
| IAF |
1.27% | Aberdeen Australia Equity |
| FEI |
1.26% | First Trust MLP & Energy Inc Fund |
| KYN |
1.24% | Kayne Anderson MLP/Midstream |
| GOF |
1.23% | Guggenheim Strategic Opp Fund |
| DHF |
1.22% | BNY Mellon High Yield Strategies Fund |
| CHW |
1.21% | Calamos Global Dynamic Income |
| IHD |
1.17% | Voya Emerging Markets High Dividend Eq |
Disclosures
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.
1 Discounts are the result of a closed-end fund’s market price deviating from its Net Asset Value (NAV).
