RIV - RIV Or FOF: Both Closed-End Funds Provide Diversification To Investors With A 'Fund Of Funds' Approach
This article was first released to CEF/ETF Income Laboratory subscribers on July 5, 2019. Please check the latest data before making investment decisions.
RiverNorth Opportunities Fund, Inc. (RIV) and Cohen & Steers Closed-End Opportunity Fund (FOF), significantly overlap in their strategies. However, they vary quite a bit on their performances over the years. This is due to having vastly different holdings, while still having quite similar strategies. Both funds invest in primarily closed-end funds. I have compared these funds in the past, and I think it's time to take another