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RiverNorth Active Income ETF (CEFZ)

Global Moderately Conservative Allocation | Exchange Traded Fund | Cboe US
8.32 USD +0.00 (0.036%) ⇧ (April 20, 2026, 2:43 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★☆☆
Hot Take | April 19, 2026, 12:07 a.m. EDT

CEFZ offers a high current yield (~8.27%) with a technically neutral short-term trend, but the diversification indicated by recent news headlines (leveraged/inverse ETFs) and the low trading volume relative to average suggests the yield is concentrated in volatile assets, making it a suitable income hold with low capital appreciation potential over the near-to-medium term.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.018239
AutoTheta0.025460
MSTL0.038692
AutoARIMA0.038820

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 41%
H-stat 28.62
Ljung-Box p 0.000
Jarque-Bera p 0.187
Excess Kurtosis -1.16
Attribute Value
Trailing P/E 18.00

Dividend Data

Dividend History
Date Dividend Yield %
2026-03-30 0.067 0.870130
2026-02-26 0.069 0.844629
2026-01-29 0.070 0.858109
2025-12-24 0.068 0.851899
2025-11-25 0.067 0.852302
2025-10-30 0.069 0.881793
2025-09-25 0.069 0.885954
2025-08-28 0.068 0.890766
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 8.27

Info Dump

Attribute Value
All Time High 8.57
All Time Low 7.57
Ask 0.0
Ask Size 600
Average Daily Volume10 Day 14,310
Average Daily Volume3 Month 11,637
Average Volume 11,637
Average Volume10Days 14,310
Beta3 Year 0.86
Bid 8.19
Bid Size 2,000
Category Global Moderately Conservative Allocation
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 8.3394
Day Low 8.2899
Dividend Yield 8.27
Eps Trailing Twelve Months 0.46239623
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.09684
Fifty Day Average Change 0.22616005
Fifty Day Average Change Percent 0.027931891
Fifty Two Week Change Percent 4.9426317
Fifty Two Week High 8.57
Fifty Two Week High Change -0.24699974
Fifty Two Week High Change Percent -0.02882144
Fifty Two Week Low 7.57
Fifty Two Week Low Change 0.7529998
Fifty Two Week Low Change Percent 0.09947157
Fifty Two Week Range 7.57 - 8.57
First Trade Date Milliseconds 1,754,314,200,000
Five Year Average Return 0.0766489
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 8.333
Net Assets 37,042,288.0
Net Expense Ratio 3.36
Open 8.17
Previous Close 8.32
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.00300026
Regular Market Change Percent 0.0360608
Regular Market Day High 8.3394
Regular Market Day Low 8.2899
Regular Market Day Range 8.2899 - 8.3394
Regular Market Open 8.17
Regular Market Previous Close 8.32
Regular Market Price 8.323
Regular Market Time 1,776,710,632
Regular Market Volume 15,011
Short Name RiverNorth Active Income ETF
Source Interval 15
Symbol CEFZ
Three Year Average Return 0.1458891
Total Assets 37,042,288
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 17.999714
Trailing Peg Ratio None
Trailing Three Month Nav Returns -2.19233
Trailing Three Month Returns -2.19233
Triggerable 1
Two Hundred Day Average 8.166933
Two Hundred Day Average Change 0.1560669
Two Hundred Day Average Change Percent 0.019109609
Type Disp ETF
Volume 15,011
Yield 0.08270001
Ytd Return -2.19233