# Portfolio overlap — CEFZ vs MDFIX Comparing **RiverNorth Active Income ETF** (2026-03-31) and **Matisse Discounted Bond CEF Strategy** (2026-03-31). - Shared positions: 5 - RiverNorth Active Income ETF covered by Matisse Discounted Bond CEF Strategy: 0.08595430469454823675396079200 - Matisse Discounted Bond CEF Strategy covered by RiverNorth Active Income ETF: 0.08595430469454823675396079200 ## 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 | | ## Matisse Discounted Bond CEF Strategy — top positions | Security | Weight | Shared | |----------|--------|--------| | MONEYMKT | 0.315758 | | | PIMCO CA MU INC | 0.095262 | | | PIMCO-NY MUN II | 0.079960 | | | FS Credit Opportunities Corporation USD Class | 0.039449 | ✓ | | CLOSED-E | 0.038246 | ✓ | | FS Specialty Lending Fund | 0.037762 | ✓ | | Western Asset Inflation-Linked Opportunities & Income Fund | 0.036710 | ✓ | | Invesco Senior Income Trust | 0.036449 | | | Nuveen Floating Rate Income Fund COM | 0.035468 | | | Blackstone Long-Short Credit Income Fund | 0.034959 | | | CLOSED-E | 0.034930 | | | CLOSED-E | 0.032826 | | | NUVEEN CREDIT STRAT INC F | 0.028893 | | | NEUBERGER MUNICIPAL FUND INC | 0.026024 | | | FH-PREM MUNI INC | 0.024277 | | | CLOSED-E | 0.021107 | | | CLOSED-E | 0.015422 | | | BLACKROCK MUNIYIELD NEW YORK QUALITY FUND INC | 0.012935 | ✓ | | RVRNRT-FLX MUNI2 | 0.011740 | | | Western Asset Inflation-Linked Income Fund | 0.008118 | | | NVN-PA QUAL MUNI | 0.007752 | | | MFS INVT GRADE MUN TR SH BEN INT | 0.007235 | | | MFS HIGH YIELD MUN TR SH BEN INT | 0.006788 | | | MFS-HI INC MUNI | 0.005116 | | | MFS-MUNI INC | 0.002787 | | | Eaton Vance Senior Income Trust | 0.002591 | | | Eaton Vance Floating Rate Income Trust COM | 0.000835 | | | Western Asset Intermediate Muni Fund, Inc. | 0.000601 | | ## Sources - N-PORT (fund A) — accession `0001936157-26-000274` (as of 2026-03-31) - N-PORT (fund B) — accession `0002000324-26-002004` (as of 2026-03-31) --- _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._ _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._ _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. See _