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 |
1.72% | Cornerstone Strategic Value |
| CRF |
1.69% | Cornerstone Total Return |
| RQI |
1.55% | Cohen & Steers Qty Inc Realty |
| IGR |
1.49% | CBRE Clarion Global Real Est Income |
| ADX |
1.46% | Adams Diversified Equity Fund |
| AWP |
1.45% | Aberdeen Global Premier Property |
| EVT |
1.45% | NexPoint Strategic Opportunities Fund |
| ETY |
1.45% | EV Tax-Managed Div Equity Income |
| OXLC |
1.43% | Oxford Lane Capital Corp |
| CSQ |
1.43% | Calamos Strategic Total Return |
| NFJ |
1.42% | Virtus Divid, Interest & Prem |
| RVT |
1.42% | Royce Value Trust |
| GAB |
1.42% | Gabelli Equity Trust |
| ASG |
1.42% | Liberty All-Star Growth |
| IGD |
1.41% | Voya Global Equity Dividend&Premium Opp |
| EXG |
1.41% | EV Tax-Mgd Gbl Div Equity Income |
| BDJ |
1.40% | BlackRock Enhanced Equity Div |
| DNP |
1.40% | DNP Select Income |
| NML |
1.39% | NB MLP and Energy Income Fund Inc. |
| ETW |
1.39% | EV Tax-Managed Glb B-W Opps |
| ETV |
1.39% | EV Tax-Managed Buy-Write Opps |
| EOD |
1.38% | Wells Fargo Global Dividend Opportunity |
| UTG |
1.38% | Reaves Utility Income |
| DPG |
1.38% | Duff & Phelps Utility and Infra Fund Inc |
| NRGX |
1.37% | PIMCO Energy & Tactical Credit Opps |
| IFN |
1.37% | India Fund Inc |
| GDV |
1.37% | Gabelli Dividend & Income |
| HGLB |
1.36% | Highland Global Allocation Fund |
| HYT |
1.36% | BlackRock Corp High Yield |
| BXMX |
1.36% | Nuveen S&P 500 Buy-Write Income |
| JFR |
1.36% | Nuveen Floating Rate Income |
| BHK |
1.35% | BlackRock Core Bond |
| AOD |
1.35% | Aberdeen Total Dynamic Dividend |
| EVV |
1.34% | EV Limited Duration Income |
| NSL |
1.34% | Nuveen Senior Income |
| ZTR |
1.33% | Virtus Total Return Fund Inc. |
| DHY |
1.33% | Credit Suisse High Yield Bond |
| PDT |
1.33% | JH Premium Dividend Fund |
| UTF |
1.33% | Cohen & Steers Infrastructure |
| RA |
1.32% | Brookfield Real Assets Income Fund Inc. |
| HIO |
1.32% | Western Asset High Income Opp |
| BCX |
1.32% | BlackRock Resources & Commdty |
| JPS |
1.31% | Nuveen Pref & Income Securities Fund |
| FPF |
1.31% | First Trust Inter Dur Pref & Income Fund |
| JPC |
1.31% | Nuveen Pref & Income Opps Fund |
| VVR |
1.31% | Invesco Senior Income Trust |
| CIK |
1.31% | Credit Suisse Asset Mgmt Income |
| JQC |
1.30% | Nuveen Credit Strategies Income |
| BSTZ |
1.30% | BlackRock Science & Technology Trust II |
| MIN |
1.30% | MFS® Intermediate Income |
| BTZ |
1.30% | BlackRock Credit Allocation Inc |
| NCZ |
1.29% | Virtus AllianzGI Convert & Inc Fund II |
| NCV |
1.28% | Virtus AllianzGI Convert & Inc Fund |
| BGR |
1.28% | BlackRock Energy & Resources |
| IAF |
1.28% | Aberdeen Australia Equity |
| KMF |
1.28% | Kayne Anderson MidstreamEnergy |
| GGN |
1.27% | GAMCO Glb Gold Natural Res & Income |
| GIM |
1.27% | Templeton Global Income |
| USA |
1.26% | Liberty All-Star Equity |
| FPL |
1.25% | First Trust New Opps MLP & Energy |
| CHW |
1.24% | Calamos Global Dynamic Income |
| FEI |
1.24% | First Trust MLP & Energy Inc Fund |
| PDI |
1.23% | PIMCO Dynamic Income |
| PHK |
1.22% | PIMCO High Income |
| GLO |
1.21% | Clough Global Opportunities |
| EDD |
1.20% | MS Emerging Markets Domestic |
| BKT |
1.20% | BlackRock Income Trust |
| KYN |
1.18% | Kayne Anderson MLP/Midstream |
| PFN |
1.18% | PIMCO Dynamic Credit and Mortgage Inc |
| BMEZ |
1.18% | BlackRock Health Sciences Trust II |
| FAX |
1.16% | Aberdeen Asia-Pacific Income |
| GOF |
1.16% | Guggenheim Strategic Opp Fund |
| IHD |
1.15% | Voya Emerging Markets High Dividend Eq |
| DHF |
1.13% | BNY Mellon High Yield Strategies Fund |
| PTY |
1.13% | PIMCO Corporate & Income Opps |
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).
