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RiverNorth Active Income ETF
CEFZ (RiverNorth Active Income ETF) is an active Balanced ETF by RiverNorth. With a 3.36% MER, it provides diversified exposure through 23 holdings. Monthly distribution with a 8.27% yield.
CEFZ is actively managed by RiverNorth's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 3.36% MER reflects the costs of a more specialized management approach. It pays a monthly distribution with a 8.27% yield, making it attractive for income-seeking investors.
CEFZ is an all-in-one solution combining equities and bonds. It is particularly well suited for beginners or investors who prefer a simplified approach.