The fund's adviser will allocate the fund's investments among equities, fixed income securities, and cash and cash equivalents. The adviser may allocate to the various asset classes either through the purchase of closed-end investment companies (including business development companies (BDCs)), exchange-traded funds (ETFs) and other investment companies (collectively, underlying funds) or through direct investment in the various securities. To achieve exposure to the asset classes discussed above, it will typically invest more than 50% of its assets in underlying funds.
Frequently asked questions
What is RiverNorth Active Income ETF (CEFZ) current stock price?
As of the latest data, RiverNorth Active Income ETF stock price is $8.31, with a previous close of $8.31.
Does RiverNorth Active Income ETF (CEFZ) pay dividends?
Yes. RiverNorth Active Income ETF pays monthly dividends with an annualized yield of 9.87% and an estimated annual payout of $0.82 per share.
