Rivernorth E Opportunity Fund Quote
| RNCOX Fund | USD 7.67 0.02 0.26% |
Performance5 of 100
| Odds Of DistressLess than 20
|
Rivernorth is trading at 7.67 as of the 25th of November 2024; that is 0.26% increase since the beginning of the trading day. The fund's open price was 7.65. Rivernorth has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Rivernorth E Opportunity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
The funds adviser will allocate the funds investments among equities, fixed income securities, and cash and cash equivalents. The adviser may allocate to the various asset classes either through the purchase of closed-end investment companies , exchange-traded funds and other investment companies or through direct investment in the various securities. More on Rivernorth E Opportunity
Moving together with Rivernorth Mutual Fund
Rivernorth Mutual Fund Highlights
| Fund Concentration | RiverNorth Funds, Large Growth Funds, Allocation--50% to 70% Equity Funds, Allocation--50% to 70% Equity, RiverNorth Funds (View all Sectors) |
| Update Date | 30th of September 2024 |
| Fiscal Year End | September |
Rivernorth E Opportunity [RNCOX] is traded in USA and was established 25th of November 2024. Rivernorth is listed under RiverNorth Funds category by Fama And French industry classification. The fund is listed under Allocation--50% to 70% Equity category and is part of RiverNorth Funds family. This fund at this time has accumulated 45.16 M in assets with minimum initial investment of 5 K. Rivernorth E Opportunity is currently producing year-to-date (YTD) return of 14.09% with the current yeild of 0.05%, while the total return for the last 3 years was 3.81%.
Check Rivernorth Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Rivernorth Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Rivernorth Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Rivernorth E Opportunity Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Rivernorth E Opportunity Mutual Fund Constituents
| BTZ | BlackRock Credit Allocation | Stock | Financials | |
| VVR | Invesco Senior Income | Fund | Asset Management | |
| GLO | Clough Global Opportunities | Fund | Asset Management | |
| SOR | Source Capital Closed | Stock | Financials | |
| CPZ | Calamos LongShort Equity | Stock | Financials | |
| ADX | Adams Diversified Equity | Fund | Asset Management | |
| BOE | BlackRock Global Opportunities | Etf | Asset Management | |
| EMD | Western Asset Emerging | Fund | Asset Management |
Rivernorth E Opportunity Risk Profiles
| Mean Deviation | 0.2723 | |||
| Semi Deviation | 0.2979 | |||
| Standard Deviation | 0.3427 | |||
| Variance | 0.1175 |
Rivernorth Against Markets
Other Information on Investing in Rivernorth Mutual Fund
Rivernorth financial ratios help investors to determine whether Rivernorth Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rivernorth with respect to the benefits of owning Rivernorth security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Global Correlations Find global opportunities by holding instruments from different markets |