Why Invest in CEFZ
Why Invest in CEFZ
About the CEFZ ETF
Fund Details
Inception Date
CUSIP
Primary Exchange
Ticker
Fund Listing
IOPV Symbol
NAV Symbol
Expense Ratio
30 Day SEC Yield
Fund Data & Pricing
NAV
Shares Outstanding
Premium/Discount Percentage
Closing Price
30 Day Median Bid/Ask Spread
IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.
About the CEFZ ETF
Fund Details
Inception Date
Fund Listing
Primary Exchange
Ticker
CUSIP
IOPV Symbol
NAV Symbol
Expense Ratio
30 Day SEC Yield
Fund Materials
Fund Materials
Fund Data & Pricing
NAV
Shares Outstanding
Premium/Discount Percentage
Closing Price
30 Day Median Bid/Ask Spread
IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.
Historical NAV Change
Use the slider below to adjust the time period shown in the graph below.
Fund Materials
Fund Data & Pricing
NAV
Shares Outstanding
Premium/Discount Percentage
Closing Price
30 Day Median Bid/Ask Spread
IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.
Outcome Period Values
ETF Starting NAV/Period Return
SPX Index Reference Price
Downside Buffer
Expected Upside Participation
Days Remaining
/0.0%
| ETF Starting NAV/Period Return | SPX Index Reference Price | Downside Buffer | Expected Upside Participation | Days Remaining |
|---|---|---|---|---|
| 29.24 | 4796 | 10 | 70-72% | 362 |
Outcome Period Values
ETF Starting NAV/Period Return
/0.0%
SP Index Reference Price
Downside Buffer
Expected Upside Participation
Days Remaining
Current Outcome Period Values
ETF Current NAV/Period Return
SPX Period Return
Remaining Buffer
Downside Before Buffer
Remaining Outcome Period
Current Outcome Period Values
| ETF Current NAV/Period Return | SPX Period Return | Remaining Buffer | Downside Before Buffer | Remaining Outcome Period |
|---|---|---|---|---|
| 29.24 | 4796 | 10 | 70-72% | 362 |
ETF Current NAV/Period Return
SPX Period Return
Remaining Buffer
Downside Before Buffer
Remaining Outcome Period
Performance
3 Month
6 Month
1 Year
5 Year
Since Inception
Market Price
Fund NAV
3 Month
6 Month
1 Year
5 Year
Since Inception
Market Price
Fund NAV
| 3 Month | 6 Month | 1 Year | 5 Year | 10 Year | 15 Year | Since Inception | |
|---|---|---|---|---|---|---|---|
| Market Price | 7.73 | ||||||
| Fund NAV | 7.65 | 5.19 | 11.27 | 10.78 | 7.74 | 8.14 | 7.74 |
| S&P 500 Total Return Index | 14.21 | 5.64 | 16.33 | 15.88 | 13.66 | 14.52 | 10.48 |
Expense ratio: 3.36%
The performance reflects the performance of the predecessor fund, RiverNorth Core Opportunity Fund (RNCOX), with an inception date of 12/27/2006, the day the predecessor fund began investing. Prior to close of business on 08/01/2025, the Fund operated as an open-end mutual fund. The Fund has an identical investment objective and substantially similar investment strategies and investment risk profiles as the predecessor mutual fund. The NAV returns include returns of the Class R Shares of the predecessor mutual fund prior to the Fund’s commencement of operations. Performance for the Fund’s Shares has not been adjusted to reflect the Fund’s Shares’ lower expenses than those of the predecessor mutual fund’s Class R Shares. Had the predecessor fund been structured as an exchange-traded fund, its performance may have differed. Please refer to the current prospectus for further information.
Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value and are not individually redeemable from the fund. Call 877-774-TRUE (8783) for performance data current to the most recent month end. Click here to view or download the factsheet for quarter-end standardized performance.
All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 08/04/2025, when the fund first traded on an exchange. Click here to view or download a full prospectus. Click here to view or download a summary prospectus.
Index performance does not represent TrueShares fund performance. The S&P 500 is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. The ETF is benchmark agnostic and corresponding portfolios may have significant non-correlation to any index. Index returns are generally provided as an overall market indicator. You cannot invest directly in an index. Although reinvestment of dividend and interest payments is assumed, no expenses are netted against an index’s returns. Index performance information was furnished by sources deemed reliable and is believed to be accurate, however, no warranty or representation is made as to the accuracy thereof and the information is subject to correction.
Performance
3 Month
6 Month
1 Year
5 Year
Since Inception
3 Month
6 Month
1 Year
5 Year
Since Inception
Market Price
Fund NAV
| 3 Month | 6 Month | 1 Year | 5 Year | 10 Year | 15 Year | Since Inception | |
|---|---|---|---|---|---|---|---|
| Market Price | 7.73 | ||||||
| Fund NAV | 7.65 | 5.19 | 11.27 | 10.78 | 7.74 | 8.14 | 7.74 |
| S&P 500 Total Return Index | 14.21 | 5.64 | 16.33 | 15.88 | 13.66 | 14.52 | 10.48 |
Expense ratio: 3.36%
The performance reflects the performance of the predecessor fund, RiverNorth Core Opportunity Fund (RNCOX), with an inception date of 12/27/2006, the day the predecessor fund began investing. Prior to close of business on 08/01/2025, the Fund operated as an open-end mutual fund. The Fund has an identical investment objective and substantially similar investment strategies and investment risk profiles as the predecessor mutual fund. The NAV returns include returns of the Class R Shares of the predecessor mutual fund prior to the Fund’s commencement of operations. Performance for the Fund’s Shares has not been adjusted to reflect the Fund’s Shares’ lower expenses than those of the predecessor mutual fund’s Class R Shares. Had the predecessor fund been structured as an exchange-traded fund, its performance may have differed. Please refer to the current prospectus for further information.
Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value and are not individually redeemable from the fund. Call 877-774-TRUE (8783) for performance data current to the most recent month end. Click here to view or download the factsheet for quarter-end standardized performance.
All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 08/04/2025, when the fund first traded on an exchange. Click here to view or download a full prospectus. Click here to view or download a summary prospectus.
Index performance does not represent TrueShares fund performance. The S&P 500 is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. The ETF is benchmark agnostic and corresponding portfolios may have significant non-correlation to any index. Index returns are generally provided as an overall market indicator. You cannot invest directly in an index. Although reinvestment of dividend and interest payments is assumed, no expenses are netted against an index’s returns. Index performance information was furnished by sources deemed reliable and is believed to be accurate, however, no warranty or representation is made as to the accuracy thereof and the information is subject to correction.
Distribution Detail
| Ex-Date | Record Date | Payable Date | Amount | Rate Type |
|---|
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Top 10 Holdings
Top 10 Holdings
| % of Net Assets | Name | Ticker | CUSIP | Shares Held | Market Value |
|---|---|---|---|---|---|
| 12.88 | Pershing Square Holdings Ltd | PSHD | BG0H5M9 | 84,162 | 4.57M |
| 11 | State Street Inst Treasury MMKT - Premier Class | TRIXX | 857492888 | 3,897,262 | 3.90M |
| 6.7 | iShares Flexible Income Active | BINC | 092528603 | 44,975 | 2.37M |
| 5.67 | Saba Capital Income & Opportunity Fund II | SABA | 880198205 | 213,261 | 2.01M |
| 4.5 | Western Asset Inflation-Linked Opp & Income | WIW | 95766R104 | 180,960 | 1.59M |
| 4.09 | Clough Global Equity Fund | GLQ | 18914C100 | 200,959 | 1.45M |
| 3.74 | Invesco RAFI Emerging Markets | PXH | 46138E727 | 55,600 | 1.32M |
| 3.7 | Calamos Long/Short Equity & Dynamic Income | CPZ | 12812C106 | 80,556 | 1.31M |
| 3.56 | abrdn Income Credit Strategies | ACP | 003057106 | 212,142 | 1.26M |
| 3.51 | BlackRock Resources | BCX | 09257A108 | 129,755 | 1.24M |
