RiverNorth Active Income ETF
Cboe: CEFZ
Listed August 04, 2025
The RiverNorth Active Income ETF (CEFZ) is an actively managed fund that primarily invests in closed-end funds and exchange-traded funds. While RiverNorth believes markets are generally efficient, closed-end funds offer a unique structure whereby investors can purchase a diversified fund and potentially generate additional return through the change in the relationship between the closed-end funds market price and Net Asset Value (NAV). The Funds objective is to achieve long-term capital appreciation and income.
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About TrueShares
TRUE. ACTIVE. ETFS.
Based in Chicago, TrueMark Investments, the advisor to TrueShares, is focused on delivering true, actively managed exposure to thematic, modern economy asset classes and industries. TrueMark believes in going beyond traditional analysis techniques, targeting the businesses believed to be most primed for success in these nascent, quickly developing subsectors of the New Economy. Dedication to a high-touch, active approach aimed at capitalizing on the inefficiencies inherent in these rapidly evolving, nuanced areas is a hallmark of our investment philosophy. This is why TrueMark pairs prominent investment acumen with deep industry knowledge, partnering with specialized, highly qualified industry experts to power the active management decisions inherent in the construction of concentrated, alpha-seeking portfolios, all at a price comparable to passive management.