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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
2.66% -1.04% 397.55M 40132.80
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
5.57% 24.00% -- 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/Limited Sensitivity
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni National Interm
Category Index Bloomberg Municipal 1-15 Yr TR USD
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 2.27 yrs
John Loffredo 2.27 yrs
Michael Petty 2.27 yrs
Patrick Galley 2.27 yrs
Robert Burke 2.27 yrs
Robert DiMella 2.27 yrs
Scott Sprauer 2.27 yrs
Stephen O'Neill 2.27 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: --
-1.197B Category Low
8.159B 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)
--
--
--
--
--
--
--
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Category Rtn. (NAV)
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--
--
--
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% Rank in Cat (NAV)
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As of November 30, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
--
--
--
--
--
--
-2.08%
17.64%
9.05%
3.30%
0.25%
5.45%
1.28%
7.54%
5.21%
1.35%
--
--
--
--
--
--
--
9.99%
--
--
--
--
--
19.25%
0.62%
10.39%
17.26%
6.41%
0.53%
6.14%
-5.77%
20.13%
7.80%
7.94%
As of November 30, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (12-1-21) 5.57%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 3.91%
Yield to Maturity --
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of June 30, 2021

Asset Allocation

As of June 30, 2021.
Type % Net % Long % Short
Cash 3.20% Upgrade Upgrade
Stock 0.03% Upgrade Upgrade
Bond 96.78% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other -0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Nuveen AMT-Free Quality Muni Inc 13.26% 15.23 -0.39%
Nuveen Quality Muni Income Fund 11.87% 15.60 -0.26%
BlackRock Liquidity MuniCash Instl 8.87% 1.000 0.00%
FOLSOM CORDOVA CALIF UNI SCH DIST 4%
7.71% -- --
ILLINOIS ST 5%
5.29% -- --
BROOKHAVEN GA DEV AUTH REV 4%
5.07% -- --
TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5%
4.85% -- --
MICHIGAN FIN AUTH REV 4%
4.55% -- --
PENNSYLVANIA ST TPK COMMN TPK REV 4%
4.45% -- --
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
4.37% -- --

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/Limited Sensitivity
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni National Interm
Category Index Bloomberg Municipal 1-15 Yr TR USD
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 2.27 yrs
John Loffredo 2.27 yrs
Michael Petty 2.27 yrs
Patrick Galley 2.27 yrs
Robert Burke 2.27 yrs
Robert DiMella 2.27 yrs
Scott Sprauer 2.27 yrs
Stephen O'Neill 2.27 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (12-1-21) 5.57%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 3.91%
Yield to Maturity --
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of June 30, 2021

Fund Details

Key Dates
Inception Date 7/26/2019
Last Annual Report Date 6/30/2021
Last Prospectus Date 7/25/2019
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