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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
4.27% -3.64% 481.43M 67288.00
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
0.00% -- -- Upgrade

Basic Info

Investment Strategy
The Fund’s primary investment objective is current income exempt from regular U.S. federal income taxes (but which may be includable in taxable income for purposes of the Federal alternative minimum tax). The Fund’s secondary investment objective is total return. There is no assurance that the Fund will achieve its investment objectives.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name High Yield Muni
Category Index --
Prospectus Objective Income
Fund Owner Firm Name RiverNorth Capital Management, LLC
Prospectus Benchmark Index
Bloomberg Municipal TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
David Dowden 0.85 yrs
John Lawlor 0.85 yrs
John Loffredo 0.85 yrs
Michael Petty 0.85 yrs
O’Neill Stephen 0.85 yrs
Patrick Galley 0.85 yrs
Robert Burke 0.85 yrs
Robert DiMella 0.85 yrs
Scott Sprauer 0.85 yrs

Net Fund Flows Versus Category

1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: --
-103.64M Category Low
3.612B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
Date Unavailable

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
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As of January 14, 2022. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2015
2016
2017
2018
2019
2020
2021
YTD
--
--
--
--
--
--
--
-3.62%
3.30%
0.25%
5.45%
1.28%
7.54%
5.21%
1.52%
-0.93%
6.10%
-4.20%
7.54%
-2.27%
13.93%
3.01%
10.43%
-3.74%
--
--
--
--
--
--
10.78%
-1.71%
7.21%
2.66%
14.08%
-12.84%
21.98%
-1.55%
11.40%
-2.27%
-4.04%
-5.93%
1.43%
-4.91%
10.87%
13.02%
3.87%
-2.16%
As of January 14, 2022.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-14-22) 0.00%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 3.86%
Yield to Maturity --
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of September 30, 2021

Asset Allocation

As of September 30, 2021.
Type % Net % Long % Short
Cash 5.20% Upgrade Upgrade
Stock 0.03% Upgrade Upgrade
Bond 94.77% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.01% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
BlackRock Liquidity MuniCash Instl 7.38% 1.00 -0.01%
NEW YORK N Y 4%
7.04% -- --
Nuveen AMT-Free Quality Muni Inc 5.49% 14.66 -1.01%
Nuveen NY AMT - Free Quality Muni Inc 4.53% 13.37 -1.04%
Nuveen Quality Muni Income Fund 3.87% 15.07 -1.57%
PENNSYLVANIA ST TPK COMMN TPK REV 5%
3.72% -- --
INDIANAPOLIS IND LOC PUB IMPT BD BK 4%
3.62% -- --
Nuveen CA Quality Muni Income 3.55% 14.82 -0.54%
LOS ANGELES CALIF DEPT ARPTS REV 5%
3.55% -- --
MICHIGAN FIN AUTH REV 4%
3.50% -- --

Basic Info

Investment Strategy
The Fund’s primary investment objective is current income exempt from regular U.S. federal income taxes (but which may be includable in taxable income for purposes of the Federal alternative minimum tax). The Fund’s secondary investment objective is total return. There is no assurance that the Fund will achieve its investment objectives.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name High Yield Muni
Category Index --
Prospectus Objective Income
Fund Owner Firm Name RiverNorth Capital Management, LLC
Prospectus Benchmark Index
Bloomberg Municipal TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
David Dowden 0.85 yrs
John Lawlor 0.85 yrs
John Loffredo 0.85 yrs
Michael Petty 0.85 yrs
O’Neill Stephen 0.85 yrs
Patrick Galley 0.85 yrs
Robert Burke 0.85 yrs
Robert DiMella 0.85 yrs
Scott Sprauer 0.85 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-14-22) 0.00%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 3.86%
Yield to Maturity --
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of September 30, 2021

Fund Details

Key Dates
Inception Date 2/24/2021
Last Annual Report Date --
Last Prospectus Date --
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

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