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 |
| IGR |
1.63% | CBRE Global Real Estate Income Fund |
| DNP |
1.48% | DNP Select Income Fund Inc |
| RQI |
1.48% | Cohen & Steers Quality Income Realty Fund Inc Quality Income Realty Fund |
| UTF |
1.42% | Cohen & Steers Infrastructure Fund, Inc. |
| HQH |
1.41% | abrdn Healthcare Investors of Benef Interest |
| IGD |
1.41% | Voya Global Equity Dividend and Premium Opportunity Fund |
| UTG |
1.41% | Reaves Utility Income Fund |
| MEGI |
1.40% | MainStay CBRE Global Infrastructure Megatrends Term Fund |
| ZTR |
1.39% | Virtus Total Return Fund Inc |
| EDD |
1.37% | Morgan Stanley Emerging Markets Domestic Debt Fund Inc |
| GUG |
1.37% | Guggenheim Active Allocation Fund |
| NCV |
1.37% | Virtus Convertible & Income Fund of Beneficial Interest |
| DHF |
1.37% | BNY Mellon High Yield Strategies Fund of Benef Interest |
| AOD |
1.37% | abrdn Total Dynamic Dividend Fund |
| PTA |
1.37% | Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund |
| WDI |
1.36% | Western Asset Diversified Income Fund Registeredof Benef Interest |
| GAB |
1.36% | Gabelli Equity Trust Inc |
| FAX |
1.36% | abrdn Asia-Pacific Income Fund, Inc. |
| DHY |
1.36% | Credit Suisse High Yield Bond Fund |
| RVT |
1.36% | Royce Small-Cap Trust Inc |
| BDJ |
1.35% | BlackRock Enhanced Equity Dividend Trust |
| JPC |
1.35% | Nuveen Preferred & Income Opportunities Fund of Benef Interest |
| RA |
1.35% | Brookfield Real Assets Income Fund Inc of Benef. Interest |
| GDV |
1.35% | Gabelli Dividend & Income Trust |
| BMEZ |
1.35% | BlackRock Health Sciences Term Trust |
| EVT |
1.35% | Eaton Vance Tax-Advantaged Dividend Income Fund |
| EVV |
1.35% | Eaton Vance Limited Duration Income Fund |
| BIGZ |
1.34% | BlackRock Innovation and Growth Term Trust |
| GOF |
1.34% | Guggenheim Strategic Opportunities Fund |
| JQC |
1.34% | Nuveen Credit Strategies Income Fund |
| BGY |
1.33% | BlackRock Enhanced International Dividend Trust of Benef Interest |
| PDO |
1.33% | PIMCO Dynamic Income Opportunities Fund |
| USA |
1.33% | Liberty All Star Equity Fund |
| NFJ |
1.33% | Virtus Dividend. Interest & Premium Strategy Fund of Beneficial Interest |
| DSL |
1.33% | DoubleLine Income Solutions Fund |
| IFN |
1.32% | India Fund Inc |
| ASG |
1.32% | Liberty All-Star Growth Fund Inc |
| PFN |
1.32% | PIMCO Income Strategy Fund II |
| ETJ |
1.32% | Eaton Vance Risk-Managed Diversified Equity Income Fund |
| BCAT |
1.32% | BlackRock Capital Allocation Term Trust |
| PDI |
1.32% | PIMCO Dynamic Income Fund |
| PTY |
1.32% | PIMCO Corporate & Income Opportunity Fund |
| FPF |
1.32% | First Trust Intermediate Duration Preferred & Income Fund |
| JFR |
1.32% | Nuveen Floating Rate Income Fund |
| CHW |
1.31% | Calamos Global Dynamic Income Fund |
| HYT |
1.31% | BlackRock Corporate High Yield Fund Inc |
| GGN |
1.31% | GAMCO Global Gold. Natural Resources & Income Trust |
| KYN |
1.31% | Kayne Anderson Energy Infrastructure Fund, Inc. |
| BTZ |
1.31% | BlackRock Credit Allocation Income Trust |
| ETG |
1.31% | Eaton Vance Tax-Advantaged Global Dividend Income Fund |
| PCN |
1.31% | Pimco Corporate Income Fund PIMCO Corporate & Income Strategy Fund |
| GUT |
1.30% | Gabelli Utility Trust |
| ECAT |
1.30% | BlackRock ESG Capital Allocation Term Trust |
| PDX |
1.30% | PIMCO Dynamic Income Strategy Fund |
| ETW |
1.30% | Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund |
| PHK |
1.30% | Pimco High Income Fund |
| ECC |
1.30% | Eagle Point Credit Co., Inc. |
| NML |
1.30% | Neuberger Berman Energy Infrastructure and Income Fund Inc. |
| ETY |
1.30% | Eaton Vance Tax-Managed Diversified Equity Income Fund |
| CRF |
1.29% | Cornerstone Total Return Fund Inc |
| OXLC |
1.29% | Oxford Lane Capital Corp |
| AEF |
1.29% | abrdn Emerging Markets Equity Income Fund, Inc. |
| CSQ |
1.29% | Calamos Strategic Total Return Fund |
| EXG |
1.29% | Eaton Vance Tax-Managed Global Diversified Equity Income Fund |
| BCX |
1.29% | BlackRock Resources & Commodities Strategy Trust |
| VVR |
1.28% | Invesco Senior Income Trust |
| FFC |
1.28% | Flaherty & Crumrine Preferred and Income Securities Fund Incorporated |
| ADX |
1.28% | Adams Diversified Equity Fund Inc Shs |
| CLM |
1.28% | Cornerstone Strategic Value Fund Inc |
| ETV |
1.28% | Eaton Vance Tax-Managed Buy-Write Opportunities Fund |
| GLO |
1.27% | Clough Global Opportunities Fund |
| FSCO |
1.27% | FS Credit Opportunities Corp. |
| BXMX |
1.26% | Nuveen S&P 500 Buy-Write Income Fund of Benef Interest |
| BSTZ |
1.25% | BlackRock Science and Technology Term Trust of Benef Interest |
| NBXG |
1.23% | Neuberger Berman Next Generation Connectivity Fund Inc |
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.
