# Portfolio overlap — CEFZ vs CEFS Comparing **RiverNorth Active Income ETF** (2026-03-31) and **Saba Closed-End Funds ETF** (2026-02-28). - Shared positions: 8 - RiverNorth Active Income ETF covered by Saba Closed-End Funds ETF: 0.06978927772863398690369563959 - Saba Closed-End Funds ETF covered by RiverNorth Active Income ETF: 0.06978927772863398690369563960 ## RiverNorth Active Income ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | STATE STR INSTL INVT TR TREAS MMKT FD INST | 0.092565 | | | Pershing Square Holdings Ltd/Fund | 0.086496 | | | iShares Flexible Income Active ETF | 0.066624 | | | Saba Capital Income & Opportunity Fund II | 0.050578 | ✓ | | Western Asset Inflation-Linked Opportunities & Income Fund | 0.043635 | ✓ | | INVESCO RAFI EMERGING MARKETS ETF | 0.042643 | | | Clough Global Equity Fund | 0.041350 | ✓ | | BLKR-SCI & TECH | 0.035857 | ✓ | | Royce Value Trust, Inc. | 0.033488 | | | Royce Micro-Cap Trust, Inc. | 0.032568 | ✓ | | BlackRock Corporate High Yield Fund, Inc. | 0.031323 | | | Calamos Long/Short Equity & Dynamic Income Trust | 0.031159 | | | CLOUGH-GL OPP | 0.029957 | ✓ | | Blackstone Senior Floating Rate 2027 Term Fund | 0.027294 | | | HOWARD HUGHES HOLDINGS INC | 0.024308 | | | KAYNE ANDERSON ENERGY INFRASTRUCTURE FUND | 0.023555 | | | BLACKROCK HEALTH SCIENCES TERM TRUST | 0.022997 | | | FS Specialty Lending Fund | 0.022778 | | | Liberty All-Star Equity Fund USD Class | 0.018824 | | | abrdn Emerging Markets ex China Fund, Inc. | 0.016367 | | | Cohen & Steers Infrastructure Fund, Inc. | 0.016056 | | | Calamos Strategic Total Return Fund | 0.015425 | | | Blue Owl Technology Finance Corp. | 0.013311 | | | FS KKR CAPITAL CORP COMMON STOCK | 0.012668 | | | FS Credit Opportunities Corporation USD Class | 0.012555 | | | First Trust High Yield Opportunities 2027 Term Fund | 0.012421 | | | BLACKROCK MUNIYIELD NEW YORK QUALITY FUND INC | 0.010802 | | | Clough Global Dividend and Income Fund | 0.010424 | ✓ | | BLUE OWL CAPITAL CORP COMMON STOCK | 0.010247 | | | Saba Capital Income & Opportunities Fund | 0.010191 | | | Morgan Stanley Direct Lending Fund | 0.009813 | | | TCG BDC, Inc. | 0.009732 | | | PIMCO Income Strategy Fund II | 0.008997 | | | Oaktree Specialty Lending Corp. COM | 0.008906 | | | BLACKROCK MULTI SECTOR INCOME TRUST | 0.007849 | | | Special Opportunities Fund, Inc. | 0.006033 | | | CLOSED-E | 0.005304 | | | ARES MANAGEMENT CORP CL A | 0.005260 | | | Flaherty & Crumrine Preferred and Income Opportunity Fund, Inc. | 0.005146 | | | iShares 10+ Year Investment Grade Corporate Bond ETF | 0.005101 | | | PALMER SQUARE CAPITAL BDC INC | 0.005082 | | | Nuveen S&P 500 Dynamic Overwrite Fund | 0.004948 | | | Eagle Point Income Company, Inc. USD Class | 0.004855 | | | MFS Government Markets Income Trust | 0.004821 | | | CLOSED-E | 0.003110 | | | Nuveen Real Estate Income Fund | 0.003008 | | | Liberty All Star Growth Fund, Inc. USD Class | 0.001837 | | | Total Return Securities Fund COM | 0.001724 | ✓ | | NXG NEXTGEN INFRASTRUCTURE INCOME FUND | 0.000004 | | | Neuberger High Yield Strategies Fund, Inc. | 0.000001 | | ## Saba Closed-End Funds ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | ASA Gold and Precious Metals, Ltd. | 0.124964 | | | BBH SWEEP VEHICLE | 0.108772 | | | BLKR-SCI & TECH | 0.094496 | ✓ | | BLKR-ESG CAP ALL | 0.075363 | | | VRTS-DVD INT PRM | 0.067409 | | | GABELLI DVD&INC | 0.041219 | | | General American Investors Company, Inc. | 0.034273 | | | PIMCO-DYN INC ST | 0.031186 | | | NEUBERGER NEXT GENERATION CONNECTIVITY FUND INC | 0.026727 | | | NEUBERGER ENERGY INFRASTUCTUR AND INCOME FUND INC | 0.026631 | | | OXLC US Closed-End Fund | 0.025605 | | | TRI-CONTL CORP | 0.022005 | | | NYLI CBRE Global Infrastructure Megatrends Term Fund COM | 0.019939 | | | Royce Micro-Cap Trust, Inc. | 0.017488 | ✓ | | Virtus Equity & Convertible Income Fund | 0.016331 | | | CLOSED-E | 0.016243 | | | NOMURA-JPN S/C | 0.015652 | | | BLKR-EN GL DVD | 0.014399 | | | CLOSED-E | 0.014061 | | | Mexico Fund Inc/The | 0.013804 | | | New Germany Fund, Inc. (The) | 0.013697 | | | NVN-D30 DYM O/W | 0.013306 | | | BNYM-MUN BD INFR | 0.011953 | | | HIGHL-OPP & INC | 0.011927 | | | KOREA FUND INC THE | 0.009563 | | | Virtus Artificial Intelligence & Technology Opportunities Fund | 0.009356 | | | Virtus Convertible & Income Fund | 0.008982 | | | abrdn Life Sciences Investors | 0.008052 | | | Virtus Convertible & Income Fund II | 0.007741 | | | Virtus Total Return Fund, Inc. | 0.007313 | | | GABELLI-HLTH&WEL | 0.006950 | | | Saba Capital Income & Opportunity Fund II | 0.006499 | ✓ | | Voya Asia Pacific High Dividend Equity Income Fund | 0.006363 | | | Destra Multi-Alternative Fund | 0.006086 | | | BNYM-STR MUNI | 0.006003 | | | Ellsworth Growth and Income Fund, Ltd. | 0.005754 | | | RVRNRT-FLX MUNI2 | 0.005493 | | | NVN-PA QUAL MUNI | 0.004710 | | | Taiwan Fund Inc/The/MD | 0.003974 | | | MS-INDIA INVEST | 0.003765 | | | Western Asset Inflation-Linked Opportunities & Income Fund | 0.003273 | ✓ | | CLOUGH-GL OPP | 0.003168 | ✓ | | VOYA-EM HI DV EQ | 0.002930 | | | High Income Securities Fund | 0.002851 | | | ALLIANCE-NTL MUN | 0.002743 | | | Adams Natural Resources Fund, Inc. | 0.002429 | | | JOHN HNCK DIV IN | 0.002379 | | | PIMCO CA MU INC | 0.002247 | | | TEMPLETON DRAGON FUND INC | 0.002172 | | | Morgan Stanley China A Share Fund Inc | 0.002037 | | ## Sources - N-PORT (fund A) — accession `0001936157-26-000274` (as of 2026-03-31) - N-PORT (fund B) — accession `0000910472-26-005917` (as of 2026-02-28) --- _Informational only — not investment advice. 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