{
  "page": "compare",
  "query": {
    "a": "CEFZ",
    "b": "MDFIX"
  },
  "retrieved_at": "2026-07-07T17:58:47+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "RiverNorth Active Income ETF",
    "ticker": "CEFZ",
    "slug": "CEFZ",
    "series_id": "S000093615",
    "html_url": "https://fundwatcher.app/funds/CEFZ/"
  },
  "fund_b": {
    "name": "Matisse Discounted Bond CEF Strategy",
    "ticker": "MDFIX",
    "slug": "MDFIX",
    "series_id": "S000061872",
    "html_url": "https://fundwatcher.app/funds/MDFIX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.08595430469454823675396079200",
    "coverage_b_by_a": "0.08595430469454823675396079200",
    "shared_count": 5,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "STATE STR INSTL INVT TR TREAS MMKT FD INST",
        "value": "3421625.95",
        "weight": "0.09256521",
        "shared": false
      },
      {
        "name": "Pershing Square Holdings Ltd/Fund",
        "value": "3197272.80",
        "weight": "0.08649578",
        "shared": false
      },
      {
        "name": "iShares Flexible Income Active ETF",
        "value": "2462728.32",
        "weight": "0.06662416",
        "shared": false
      },
      {
        "name": "Saba Capital Income & Opportunity Fund II",
        "value": "1869578.88",
        "weight": "0.05057770",
        "shared": false
      },
      {
        "name": "Western Asset Inflation-Linked Opportunities & Income Fund",
        "value": "1612949.76",
        "weight": "0.04363511",
        "shared": true
      },
      {
        "name": "INVESCO RAFI EMERGING MARKETS ETF",
        "value": "1576280.16",
        "weight": "0.04264309",
        "shared": false
      },
      {
        "name": "Clough Global Equity Fund",
        "value": "1528484.58",
        "weight": "0.04135008",
        "shared": false
      },
      {
        "name": "BLKR-SCI & TECH",
        "value": "1325433.85",
        "weight": "0.03585695",
        "shared": false
      },
      {
        "name": "Royce Value Trust, Inc.",
        "value": "1237878.60",
        "weight": "0.03348832",
        "shared": false
      },
      {
        "name": "Royce Micro-Cap Trust, Inc.",
        "value": "1203870.33",
        "weight": "0.03256829",
        "shared": false
      },
      {
        "name": "BlackRock Corporate High Yield Fund, Inc.",
        "value": "1157833.92",
        "weight": "0.03132287",
        "shared": false
      },
      {
        "name": "Calamos Long/Short Equity & Dynamic Income Trust",
        "value": "1151767.32",
        "weight": "0.03115875",
        "shared": false
      },
      {
        "name": "CLOUGH-GL OPP",
        "value": "1107343.85",
        "weight": "0.02995696",
        "shared": false
      },
      {
        "name": "Blackstone Senior Floating Rate 2027 Term Fund",
        "value": "1008921.55",
        "weight": "0.02729434",
        "shared": false
      },
      {
        "name": "HOWARD HUGHES HOLDINGS INC",
        "value": "898545.04",
        "weight": "0.02430833",
        "shared": false
      },
      {
        "name": "KAYNE ANDERSON ENERGY INFRASTRUCTURE FUND",
        "value": "870694.44",
        "weight": "0.02355489",
        "shared": false
      },
      {
        "name": "BLACKROCK HEALTH SCIENCES TERM TRUST",
        "value": "850054.56",
        "weight": "0.02299652",
        "shared": false
      },
      {
        "name": "FS Specialty Lending Fund",
        "value": "841973.04",
        "weight": "0.02277789",
        "shared": true
      },
      {
        "name": "Liberty All-Star Equity Fund USD Class",
        "value": "695836.80",
        "weight": "0.01882447",
        "shared": false
      },
      {
        "name": "abrdn Emerging Markets ex China Fund, Inc.",
        "value": "605011.68",
        "weight": "0.01636737",
        "shared": false
      },
      {
        "name": "Cohen & Steers Infrastructure Fund, Inc.",
        "value": "593506.04",
        "weight": "0.01605611",
        "shared": false
      },
      {
        "name": "Calamos Strategic Total Return Fund",
        "value": "570164.48",
        "weight": "0.01542465",
        "shared": false
      },
      {
        "name": "Blue Owl Technology Finance Corp.",
        "value": "492044.07",
        "weight": "0.01331126",
        "shared": false
      },
      {
        "name": "FS KKR CAPITAL CORP COMMON STOCK",
        "value": "468269.82",
        "weight": "0.01266810",
        "shared": false
      },
      {
        "name": "FS Credit Opportunities Corporation USD Class",
        "value": "464084.70",
        "weight": "0.01255488",
        "shared": true
      },
      {
        "name": "First Trust High Yield Opportunities 2027 Term Fund",
        "value": "459127.02",
        "weight": "0.01242076",
        "shared": false
      },
      {
        "name": "BLACKROCK MUNIYIELD NEW YORK QUALITY FUND INC",
        "value": "399292.80",
        "weight": "0.01080206",
        "shared": true
      },
      {
        "name": "Clough Global Dividend and Income Fund",
        "value": "385332.80",
        "weight": "0.01042440",
        "shared": false
      },
      {
        "name": "BLUE OWL CAPITAL CORP COMMON STOCK",
        "value": "378782.88",
        "weight": "0.01024721",
        "shared": false
      },
      {
        "name": "Saba Capital Income & Opportunities Fund",
        "value": "376712.08",
        "weight": "0.01019119",
        "shared": false
      },
      {
        "name": "Morgan Stanley Direct Lending Fund",
        "value": "362750.60",
        "weight": "0.00981349",
        "shared": false
      },
      {
        "name": "TCG BDC, Inc.",
        "value": "359740.02",
        "weight": "0.00973204",
        "shared": false
      },
      {
        "name": "PIMCO Income Strategy Fund II",
        "value": "332566.52",
        "weight": "0.00899692",
        "shared": false
      },
      {
        "name": "Oaktree Specialty Lending Corp. COM",
        "value": "329202.90",
        "weight": "0.00890592",
        "shared": false
      },
      {
        "name": "BLACKROCK MULTI SECTOR INCOME TRUST",
        "value": "290138.48",
        "weight": "0.00784911",
        "shared": false
      },
      {
        "name": "Special Opportunities Fund, Inc.",
        "value": "223022.08",
        "weight": "0.00603341",
        "shared": false
      },
      {
        "name": "CLOSED-E",
        "value": "196072.80",
        "weight": "0.00530436",
        "shared": false
      },
      {
        "name": "ARES MANAGEMENT CORP CL A",
        "value": "194416.20",
        "weight": "0.00525954",
        "shared": false
      },
      {
        "name": "Flaherty & Crumrine Preferred and Income Opportunity Fund, Inc.",
        "value": "190228.72",
        "weight": "0.00514626",
        "shared": false
      },
      {
        "name": "iShares 10+ Year Investment Grade Corporate Bond ETF",
        "value": "188544.37",
        "weight": "0.00510069",
        "shared": false
      },
      {
        "name": "PALMER SQUARE CAPITAL BDC INC",
        "value": "187857.56",
        "weight": "0.00508211",
        "shared": false
      },
      {
        "name": "Nuveen S&P 500 Dynamic Overwrite Fund",
        "value": "182898.87",
        "weight": "0.00494796",
        "shared": false
      },
      {
        "name": "Eagle Point Income Company, Inc. USD Class",
        "value": "179463.84",
        "weight": "0.00485503",
        "shared": false
      },
      {
        "name": "MFS Government Markets Income Trust",
        "value": "178216.92",
        "weight": "0.00482130",
        "shared": false
      },
      {
        "name": "CLOSED-E",
        "value": "114951.38",
        "weight": "0.00310978",
        "shared": true
      },
      {
        "name": "Nuveen Real Estate Income Fund",
        "value": "111198.76",
        "weight": "0.00300826",
        "shared": false
      },
      {
        "name": "Liberty All Star Growth Fund, Inc. USD Class",
        "value": "67887.00",
        "weight": "0.00183655",
        "shared": false
      },
      {
        "name": "Total Return Securities Fund COM",
        "value": "63741.57",
        "weight": "0.00172440",
        "shared": false
      },
      {
        "name": "NXG NEXTGEN INFRASTRUCTURE INCOME FUND",
        "value": "164.79",
        "weight": "0.00000446",
        "shared": false
      },
      {
        "name": "Neuberger High Yield Strategies Fund, Inc.",
        "value": "19.44",
        "weight": "0.00000053",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "MONEYMKT",
        "value": "16736778.44",
        "weight": "0.31575808",
        "shared": false
      },
      {
        "name": "PIMCO CA MU INC",
        "value": "5049347.16",
        "weight": "0.09526159",
        "shared": false
      },
      {
        "name": "PIMCO-NY MUN II",
        "value": "4238273.10",
        "weight": "0.07995977",
        "shared": false
      },
      {
        "name": "FS Credit Opportunities Corporation USD Class",
        "value": "2091000.00",
        "weight": "0.03944906",
        "shared": true
      },
      {
        "name": "CLOSED-E",
        "value": "2027240.00",
        "weight": "0.03824615",
        "shared": true
      },
      {
        "name": "FS Specialty Lending Fund",
        "value": "2001600.00",
        "weight": "0.03776243",
        "shared": true
      },
      {
        "name": "Western Asset Inflation-Linked Opportunities & Income Fund",
        "value": "1945800.00",
        "weight": "0.03670970",
        "shared": true
      },
      {
        "name": "Invesco Senior Income Trust",
        "value": "1932000.00",
        "weight": "0.03644935",
        "shared": false
      },
      {
        "name": "Nuveen Floating Rate Income Fund COM",
        "value": "1880000.00",
        "weight": "0.03546831",
        "shared": false
      },
      {
        "name": "Blackstone Long-Short Credit Income Fund",
        "value": "1853000.00",
        "weight": "0.03495892",
        "shared": false
      },
      {
        "name": "CLOSED-E",
        "value": "1851457.40",
        "weight": "0.03492982",
        "shared": false
      },
      {
        "name": "CLOSED-E",
        "value": "1739942.28",
        "weight": "0.03282596",
        "shared": false
      },
      {
        "name": "NUVEEN CREDIT STRAT INC F",
        "value": "1531464.03",
        "weight": "0.02889279",
        "shared": false
      },
      {
        "name": "NEUBERGER MUNICIPAL FUND INC",
        "value": "1379385.00",
        "weight": "0.02602364",
        "shared": false
      },
      {
        "name": "FH-PREM MUNI INC",
        "value": "1286799.83",
        "weight": "0.02427692",
        "shared": false
      },
      {
        "name": "CLOSED-E",
        "value": "1118792.22",
        "weight": "0.02110727",
        "shared": false
      },
      {
        "name": "CLOSED-E",
        "value": "817440.00",
        "weight": "0.01542192",
        "shared": false
      },
      {
        "name": "BLACKROCK MUNIYIELD NEW YORK QUALITY FUND INC",
        "value": "685622.40",
        "weight": "0.01293503",
        "shared": true
      },
      {
        "name": "RVRNRT-FLX MUNI2",
        "value": "622253.50",
        "weight": "0.01173951",
        "shared": false
      },
      {
        "name": "Western Asset Inflation-Linked Income Fund",
        "value": "430292.32",
        "weight": "0.00811795",
        "shared": false
      },
      {
        "name": "NVN-PA QUAL MUNI",
        "value": "410869.20",
        "weight": "0.00775151",
        "shared": false
      },
      {
        "name": "MFS INVT GRADE MUN TR SH BEN INT",
        "value": "383504.02",
        "weight": "0.00723523",
        "shared": false
      },
      {
        "name": "MFS HIGH YIELD MUN TR SH BEN INT",
        "value": "359800.74",
        "weight": "0.00678804",
        "shared": false
      },
      {
        "name": "MFS-HI INC MUNI",
        "value": "271163.90",
        "weight": "0.00511581",
        "shared": false
      },
      {
        "name": "MFS-MUNI INC",
        "value": "147750.68",
        "weight": "0.00278748",
        "shared": false
      },
      {
        "name": "Eaton Vance Senior Income Trust",
        "value": "137359.73",
        "weight": "0.00259145",
        "shared": false
      },
      {
        "name": "Eaton Vance Floating Rate Income Trust COM",
        "value": "44282.71",
        "weight": "0.00083544",
        "shared": false
      },
      {
        "name": "Western Asset Intermediate Muni Fund, Inc.",
        "value": "31848.96",
        "weight": "0.00060087",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001936157-26-000274",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1936157/000193615726000274/0001936157-26-000274-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002000324-26-002004",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1464413/000200032426002004/0002000324-26-002004-index.htm"
    }
  ]
}