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 |
| PDX |
1.65% | PIMCO Dynamic Income Strategy Fund |
| OXLC |
1.60% | Oxford Lane Capital Corp |
| ADX |
1.55% | Adams Diversified Equity Fund Inc Shs |
| KYN |
1.55% | Kayne Anderson Energy Infrastructure Fund, Inc. |
| FFC |
1.47% | Flaherty & Crumrine Preferred and Income Securities Fund Incorporated |
| NML |
1.46% | Neuberger Berman Energy Infrastructure and Income Fund Inc. |
| JQC |
1.46% | Nuveen Credit Strategies Income Fund |
| NBXG |
1.45% | Neuberger Berman Next Generation Connectivity Fund Inc |
| VVR |
1.44% | Invesco Senior Income Trust |
| CHW |
1.44% | Calamos Global Dynamic Income Fund |
| ECC |
1.43% | Eagle Point Credit Co., Inc. |
| RIV |
1.43% | RiverNorth Opportunities Fund, Inc. |
| JPC |
1.43% | Nuveen Preferred & Income Opportunities Fund of Benef Interest |
| WDI |
1.42% | Western Asset Diversified Income Fund Registeredof Benef Interest |
| EMD |
1.42% | Western Asset Emerging Markets Debt Fund Inc |
| HYT |
1.41% | BlackRock Corporate High Yield Fund Inc |
| GGN |
1.41% | GAMCO Global Gold. Natural Resources & Income Trust |
| PDT |
1.41% | John Hancock Premium Dividend Fund |
| EOD |
1.41% | Allspring Global Dividend Opportunity Fund of Benef Interest |
| BCAT |
1.41% | BlackRock Capital Allocation Term Trust |
| AIO |
1.41% | Virtus Artificial Intelligence & Technology Opportunities Fund |
| CSQ |
1.41% | Calamos Strategic Total Return Fund |
| DHY |
1.40% | Credit Suisse High Yield Bond Fund |
| ETY |
1.40% | Eaton Vance Tax-Managed Diversified Equity Income Fund |
| PDI |
1.40% | PIMCO Dynamic Income Fund |
| DHF |
1.39% | BNY Mellon High Yield Strategies Fund of Benef Interest |
| BSTZ |
1.39% | BlackRock Science and Technology Term Trust of Benef Interest |
| BGR |
1.39% | BlackRock Energy and Resources Trust |
| DSL |
1.37% | DoubleLine Income Solutions Fund |
| USA |
1.36% | Liberty All Star Equity Fund |
| EVV |
1.36% | Eaton Vance Limited Duration Income Fund |
| BST |
1.36% | BlackRock Science & Technology Trust |
| RVT |
1.36% | Royce Small-Cap Trust Inc |
| IFN |
1.36% | India Fund Inc |
| BTZ |
1.35% | BlackRock Credit Allocation Income Trust |
| PFN |
1.35% | PIMCO Income Strategy Fund II |
| PTY |
1.35% | PIMCO Corporate & Income Opportunity Fund |
| PTA |
1.35% | Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund |
| EXG |
1.34% | Eaton Vance Tax-Managed Global Diversified Equity Income Fund |
| GLO |
1.34% | Clough Global Opportunities Fund |
| ETJ |
1.33% | Eaton Vance Risk-Managed Diversified Equity Income Fund |
| CRF |
1.33% | Cornerstone Total Return Fund Inc |
| UTG |
1.33% | Reaves Utility Income Fund |
| ETV |
1.31% | Eaton Vance Tax-Managed Buy-Write Opportunities Fund |
| FAX |
1.30% | abrdn Asia-Pacific Income Fund, Inc. |
| BCX |
1.30% | BlackRock Resources & Commodities Strategy Trust |
| IGD |
1.30% | Voya Global Equity Dividend and Premium Opportunity Fund |
| CIK |
1.29% | Credit Suisse Asset Management Income Fund Inc |
| IGR |
1.29% | CBRE Global Real Estate Income Fund |
| UTF |
1.29% | Cohen & Steers Infrastructure Fund, Inc. |
| BGY |
1.28% | BlackRock Enhanced International Dividend Trust of Benef Interest |
| PHK |
1.28% | Pimco High Income Fund |
| CLM |
1.28% | Cornerstone Strategic Value Fund Inc |
| AOD |
1.28% | abrdn Total Dynamic Dividend Fund |
| BDJ |
1.28% | BlackRock Enhanced Equity Dividend Trust |
| AWP |
1.27% | abrdn Global Premier Properties Fund |
| ETW |
1.27% | Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund |
| NFJ |
1.27% | Virtus Dividend. Interest & Premium Strategy Fund of Beneficial Interest |
| GOF |
1.27% | Guggenheim Strategic Opportunities Fund |
| FPF |
1.26% | First Trust Intermediate Duration Preferred & Income Fund |
| RQI |
1.26% | Cohen & Steers Quality Income Realty Fund Inc Quality Income Realty Fund |
| ASG |
1.25% | Liberty All-Star Growth Fund Inc |
| BKT |
1.24% | Blackrock Income Trust Inc |
| NCV |
1.23% | Virtus Convertible & Income Fund of Beneficial Interest |
| MIN |
1.23% | MFS Intermediate Income Trust |
| NCZ |
1.23% | Virtus Convertible & Income Fund II Beneficial Interest |
| GAB |
1.22% | Gabelli Equity Trust Inc |
| BIGZ |
1.21% | BlackRock Innovation and Growth Term Trust |
| BMEZ |
1.19% | BlackRock Health Sciences Term Trust |
| ZTR |
1.19% | Virtus Total Return Fund Inc |
| GUT |
1.18% | Gabelli Utility Trust |
| DNP |
1.07% | DNP Select Income Fund Inc |
| TDF |
1.06% | Templeton Dragon Fund Inc |
| RA |
1.01% | Brookfield Real Assets Income Fund Inc of Benef. Interest |
| HFRO |
0.91% | Highland Opportunities and Income Fund |
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.
