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 |
1.65% | CBRE Global Real Estate Income Fund |
| DNP |
1.53% | DNP Select Income Fund Inc |
| RQI |
1.51% | Cohen & Steers Quality Income Realty Fund Inc Quality Income Realty Fund |
| UTG |
1.50% | Reaves Utility Income Fund |
| MEGI |
1.47% | MainStay CBRE Global Infrastructure Megatrends Term Fund |
| UTF |
1.45% | Cohen & Steers Infrastructure Fund, Inc. |
| ZTR |
1.43% | Virtus Total Return Fund Inc |
| DHY |
1.41% | Credit Suisse High Yield Bond Fund |
| DHF |
1.40% | BNY Mellon High Yield Strategies Fund of Benef Interest |
| EDD |
1.39% | Morgan Stanley Emerging Markets Domestic Debt Fund Inc |
| GUG |
1.39% | Guggenheim Active Allocation Fund |
| PTA |
1.38% | Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund |
| IGD |
1.38% | Voya Global Equity Dividend and Premium Opportunity Fund |
| WDI |
1.37% | Western Asset Diversified Income Fund Registeredof Benef Interest |
| PDI |
1.37% | PIMCO Dynamic Income Fund |
| AOD |
1.37% | abrdn Total Dynamic Dividend Fund |
| FAX |
1.37% | abrdn Asia-Pacific Income Fund, Inc. |
| JPC |
1.36% | Nuveen Preferred & Income Opportunities Fund of Benef Interest |
| RVT |
1.35% | Royce Small-Cap Trust Inc |
| EVV |
1.35% | Eaton Vance Limited Duration Income Fund |
| RA |
1.35% | Brookfield Real Assets Income Fund Inc of Benef. Interest |
| NCV |
1.35% | Virtus Convertible & Income Fund of Beneficial Interest |
| PCN |
1.35% | Pimco Corporate Income Fund PIMCO Corporate & Income Strategy Fund |
| HQH |
1.35% | abrdn Healthcare Investors of Benef Interest |
| GOF |
1.34% | Guggenheim Strategic Opportunities Fund |
| PFN |
1.34% | PIMCO Income Strategy Fund II |
| PDO |
1.34% | PIMCO Dynamic Income Opportunities Fund |
| IFN |
1.34% | India Fund Inc |
| GDV |
1.34% | Gabelli Dividend & Income Trust |
| KYN |
1.33% | Kayne Anderson Energy Infrastructure Fund, Inc. |
| NFJ |
1.33% | Virtus Dividend. Interest & Premium Strategy Fund of Beneficial Interest |
| BTZ |
1.33% | BlackRock Credit Allocation Income Trust |
| AEF |
1.33% | abrdn Emerging Markets Equity Income Fund, Inc. |
| GAB |
1.33% | Gabelli Equity Trust Inc |
| EVT |
1.33% | Eaton Vance Tax-Advantaged Dividend Income Fund |
| BIGZ |
1.33% | BlackRock Innovation and Growth Term Trust |
| FPF |
1.33% | First Trust Intermediate Duration Preferred & Income Fund |
| BDJ |
1.32% | BlackRock Enhanced Equity Dividend Trust |
| GGN |
1.32% | GAMCO Global Gold. Natural Resources & Income Trust |
| PTY |
1.32% | PIMCO Corporate & Income Opportunity Fund |
| ETW |
1.32% | Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund |
| PDX |
1.32% | PIMCO Dynamic Income Strategy Fund |
| ASG |
1.32% | Liberty All-Star Growth Fund Inc |
| JQC |
1.32% | Nuveen Credit Strategies Income Fund |
| CRF |
1.31% | Cornerstone Total Return Fund Inc |
| USA |
1.31% | Liberty All Star Equity Fund |
| ETJ |
1.31% | Eaton Vance Risk-Managed Diversified Equity Income Fund |
| PHK |
1.31% | Pimco High Income Fund |
| CHW |
1.31% | Calamos Global Dynamic Income Fund |
| ETG |
1.31% | Eaton Vance Tax-Advantaged Global Dividend Income Fund |
| BMEZ |
1.31% | BlackRock Health Sciences Term Trust |
| ETY |
1.31% | Eaton Vance Tax-Managed Diversified Equity Income Fund |
| ECAT |
1.30% | BlackRock ESG Capital Allocation Term Trust |
| DSL |
1.30% | DoubleLine Income Solutions Fund |
| HYT |
1.30% | BlackRock Corporate High Yield Fund Inc |
| BCX |
1.30% | BlackRock Resources & Commodities Strategy Trust |
| BGY |
1.30% | BlackRock Enhanced International Dividend Trust of Benef Interest |
| EXG |
1.29% | Eaton Vance Tax-Managed Global Diversified Equity Income Fund |
| BCAT |
1.29% | BlackRock Capital Allocation Term Trust |
| JFR |
1.29% | Nuveen Floating Rate Income Fund |
| CSQ |
1.29% | Calamos Strategic Total Return Fund |
| NML |
1.28% | Neuberger Berman Energy Infrastructure and Income Fund Inc. |
| CLM |
1.28% | Cornerstone Strategic Value Fund Inc |
| GLO |
1.28% | Clough Global Opportunities Fund |
| BXMX |
1.27% | Nuveen S&P 500 Buy-Write Income Fund of Benef Interest |
| FFC |
1.27% | Flaherty & Crumrine Preferred and Income Securities Fund Incorporated |
| ETV |
1.26% | Eaton Vance Tax-Managed Buy-Write Opportunities Fund |
| ECC |
1.26% | Eagle Point Credit Co., Inc. |
| FSCO |
1.26% | FS Credit Opportunities Corp. |
| ADX |
1.26% | Adams Diversified Equity Fund Inc Shs |
| OXLC |
1.25% | Oxford Lane Capital Corp |
| NBXG |
1.25% | Neuberger Berman Next Generation Connectivity Fund Inc |
| BSTZ |
1.22% | BlackRock Science and Technology Term Trust of Benef Interest |
| VVR |
1.19% | Invesco Senior Income Trust |
| GUT |
1.11% | Gabelli Utility Trust |
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.
