Fund Evaluator:
RiverNorth Active Income ETF (CEFZ)
Follow This Fund
Allocation
Global Asset Class
Allocation
Fund Group
Global Moderately Conservative Allocation
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
3.36% F
Expense Ratio
$39 Mil
Assets
Open
Status
0.00%
12b-1 Fee
10.17%
TTM Yield
0.00%
Max Load
58%
Portfolio Turnover
Best Performing in Global Moderately Conservative Allocation Over the Last Year
| 13.9% | Victory Cornerstone Moderately Cnsrv (UCMCX) |
| 13.0% | Fidelity Advisor Asset Manager 40% Z (FIKYX) |
| 13.0% | Fidelity Asset Manager 40% (FFANX) |
| 12.9% | Russell Inv Multi-Strategy Income Y (RMYYX) |
| 12.9% | Russell Inv Multi-Strategy Income M (RGYTX) |
Data as of 7/31/2026
-0.7% C
1-Mo Return
0.4% F
3-Mo Return
4.7% D
YTD Return
12.7% C
1-Yr Return
13.1% B
3-Yr Return
7.1% A
5-Yr Return
1.06 D
Category Risk Index
0.70
Total Risk Index
Fund Details
Fund Family
RiverNorth Funds
Inception Date
12/27/2006
Share Class Type
Equity Investment Style
Mid-Cap
Value
Bond Investment Style
Medium Quality
Limited Sensitivity
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
S&P 500 (TR) (1970): 100%
Additional Fund Details
RiverNorth Active Income ETF Overview
CEFZ Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CEFZ Return (NAV) | -0.7% | 0.4% | 12.7% | 13.1% | 7.1% | 8.5% |
| CEFZ Grade | C | F | C | B | A | A |
| +/- Category | -0.2% | -1.1% | 1.8% | 4.0% | 3.2% | 3.1% |
| Global Moderately Conservative Allocation Avg | -0.5% | 1.5% | 10.9% | 9.1% | 3.9% | 5.4% |
| CEFZ Tax Cost Ratio | na | na | 4.0% | 2.8% | 3.7% | 3.7% |
CEFZ Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CEFZ Return (NAV) | 4.7% | 17.7% | 13.5% | 13.1% | -12.0% | 16.3% | 4.5% | 22.1% | -8.3% | 17.8% | 12.2% |
| CEFZ Grade | D | A | A | A | A | A | C | B | D | A | A |
| +/- Category | -0.4% | 6.1% | 6.2% | 2.7% | 1.5% | 8.7% | -4.4% | 7.1% | -3.5% | 7.0% | 6.1% |
| Global Moderately Conservative Allocation Avg | 5.1% | 11.6% | 7.3% | 10.4% | -13.5% | 7.5% | 8.9% | 15.0% | -4.8% | 10.7% | 6.1% |
| Risk Measures | |
| Standard Deviation: | 8.6% |
| Total Risk Index: | 0.70 - Below Average |
| Category Risk Index: | 1.06 - High |
| Category Risk Grade: | F (86% Rank) |
| Beta: | 0.84 |
| R-Squared: | 83% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Value |
| Bond Investment Style: | Medium Quality Limited Sensitivity |
| Yield: | 10.2% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $39 Mil |
| Fund Total Assets: | $ 39 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 58% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 19.6 years | |||
| Average Tenure: 18.6 years | |||
| Managers (Year): Galley Patrick (2006), O'Neill Stephen (2008) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 52 |
| % in Top 10 Holdings: | 50.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 12.1% |
Portfolio Allocation |
|
| Domestic Stock: | 47.6% |
| Foreign Stock: | 7.1% |
| Preferred Stock: | 0.9% |
| Domestic Bond: | 18.4% |
| Foreign Bond: | 5.0% |
| Convertible Bond: | 0.4% |
| Other: | 19.5% |
| Cash: | 1.2% |
Purchase Information
| Fund Family: | RiverNorth Funds |
| Phone Number: | 888-848-7569 |
| Website: |
| Status: | Open |
| Inception Date: | December 27, 2006 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 3.36% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.98% |
| Share Class: | RiverNorth Active Income ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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