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Elevation Series Trust RiverNorth Active Income ETFElevation Series Trust RiverNorth Active Income ETFElevation Series Trust RiverNorth Active Income ETF

Elevation Series Trust RiverNorth Active Income ETF

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Overview
Chart Analysis Holdings Discussions Technicals Seasonals

CEFZ chart



Key stats


Assets under management (AUM)
‪35.47 M‬ USD
Fund flows (1Y)
—
Dividend yield (indicated)
—
Discount/Premium to NAV
0.01%
Shares outstanding
‪4.47 M‬
Expense ratio
3.36%

About Elevation Series Trust RiverNorth Active Income ETF


Issuer
RiverNorth Holding Co.
Brand
RiverNorth
Home page
rivernorth.com
Inception date
Aug 4, 2025
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
RiverNorth Capital Management LLC
Distributor
Paralel Distributors LLC
CEFZ pursues a flexible, tactical asset allocation strategy informed by its assessment of relative investment attractiveness. Allocation considers various factors, including fundamental and technical analysis. Typically, over 50% of assets are invested in funds (ETFs and closed-end funds). The remainder is invested in individual equity and debt securities, as well as REITs, limited partnerships, and structured securities. Equities may be of any market capitalization from around the world. Fixed income investments can be of any maturity. When investing in closed-end funds, the adviser identifies growth and income potential using historical models to determine whether these are trading at an attractive discount. CEFZ selects ETFs for targeted sector or style exposure, cost, and tax efficiency. Allocations to asset classes, sectors, and countries reflect the funds risk/reward assessments and market research. The actively managed fund may use total return swaps.

Broaden your horizons with more funds linked to CEFZ via country, focus, and more.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income & capital appreciation
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary

CEFZ analysis


What's in the fund
Exposure type
StocksBonds, Cash & Other
Mutual fund
ETF
Stocks5.70%
Finance3.77%
Miscellaneous1.92%
Bonds, Cash & Other94.30%
Mutual fund80.81%
ETF13.60%
Rights & Warrants0.00%
Cash−0.11%
Top 10 holdings

Technicals


Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CEFZ trades at 7.95 USD today, its price has risen 0.19% in the past 24 hours. Track more dynamics on CEFZ price chart.
CEFZ assets under management is ‪35.47 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CEFZ fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CEFZ invests in funds. See more details in our Analysis section.
CEFZ expense ratio is 3.36%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CEFZ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, CEFZ doesn't pay dividends to its holders.
CEFZ trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CEFZ shares are issued by RiverNorth Holding Co.
CEFZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 4, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.