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RiverNorth Active Income ETF (CEFZ)

Global Moderately Conservative Allocation | Exchange Traded Fund | Cboe US
8.20 USD -0.02 (-0.303%) ⇩ (July 13, 2026, 2:40 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 3:50 a.m. EDT

The most compelling feature here is the robust income profile, offering a nearly 10% yield that provides significant cushion against capital depreciation. However, the price action tells a different story for the growth-minded investor; the asset is trading below its 50-day moving average, indicating a lack of immediate upward momentum despite being near its 200-day average. The recent price history shows a flat, choppy range rather than a decisive trend, suggesting the market is currently in a holding pattern rather than a rally. While the yield is attractive, the absence of a multi-year price trajectory in the data prevents a confident assessment of long-term business quality or sustained growth, leaving the investment thesis reliant entirely on the assumption that the high dividend will continue without eroding the share price.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.007290
MSTL0.007828
AutoETS0.008135
AutoTheta0.012084
MSTL_470.014744

Forecast horizon: 60 days | Selected: AutoARIMA

Forecast Reliability
Score 77%
H-stat 0.54
Ljung-Box p 0.000
Jarque-Bera p 0.192
Excess Kurtosis -0.94
Attribute Value
Trailing P/E 16.73

Dividend Data

Dividend History
Date Dividend Yield %
2026-06-29 0.068 0.831397
2026-05-28 0.069 0.830825
2026-04-29 0.069 0.846834
2026-03-30 0.067 0.870130
2026-02-26 0.069 0.837379
2026-01-29 0.070 0.843678
2025-12-24 0.068 0.830585
2025-11-25 0.067 0.824108
2025-10-30 0.069 0.845588
2025-09-25 0.069 0.842491
2025-08-28 0.068 0.840025
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 9.75

Info Dump

Attribute Value
All Time High 8.57
All Time Low 7.57
Ask 0.0
Ask Size 1,900
Average Daily Volume10 Day 12,080
Average Daily Volume3 Month 15,355
Average Volume 15,355
Average Volume10Days 12,080
Beta3 Year 0.84
Bid 0.0
Bid Size 400
Category Global Moderately Conservative Allocation
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 8.26
Day Low 8.18
Dividend Yield 9.75
Eps Trailing Twelve Months 0.4900525
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.2431
Fifty Day Average Change -0.0454998
Fifty Day Average Change Percent -0.005519744
Fifty Two Week Change Percent 3.681755
Fifty Two Week High 8.57
Fifty Two Week High Change -0.37239933
Fifty Two Week High Change Percent -0.04345383
Fifty Two Week Low 7.57
Fifty Two Week Low Change 0.6276002
Fifty Two Week Low Change Percent 0.08290623
Fifty Two Week Range 7.57 - 8.57
First Trade Date Milliseconds 1,754,314,200,000
Five Year Average Return 0.0720981
Full Exchange Name Cboe US
Fund Family RiverNorth Funds
Fund Inception Date 1,167,177,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name RiverNorth Active Income ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_43967927
Nav Price 8.2
Net Assets 39,726,808.0
Net Expense Ratio 3.36
Open 8.26
Previous Close 8.2225
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0248995
Regular Market Change Percent -0.302821
Regular Market Day High 8.26
Regular Market Day Low 8.18
Regular Market Day Range 8.18 - 8.26
Regular Market Open 8.26
Regular Market Previous Close 8.2225
Regular Market Price 8.1976
Regular Market Time 1,783,968,001
Regular Market Volume 9,419
Short Name RiverNorth Active Income ETF
Source Interval 15
Symbol CEFZ
Three Year Average Return 0.13886
Total Assets 39,726,808
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 16.728004
Trailing Peg Ratio None
Trailing Three Month Nav Returns 6.79347
Trailing Three Month Returns 6.79347
Triggerable 1
Two Hundred Day Average 8.19847
Two Hundred Day Average Change -0.000869751
Two Hundred Day Average Change Percent -0.00010608698
Type Disp ETF
Volume 9,419
Yield 0.0975
Ytd Return 5.3596