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RENN Fund (RCG)

U.S. Equity Funds - General Equity Funds

Data as of March 27, 2024
Current
Market Price $1.59 (- $0.01)
NAV (March 27, 2024) $2.00 (+ $0.03)
Fund Listed NYSE MKT
Premium / Discount -20.50% (-1.72%)
Fund Info
Inception Jan. 20, 1994
Sponsor Horizon Asset Management LLC
Website http://horizonkinetics...
Phone 646-495-7333
NAV Symbol XXRENNX
Location Texas
Incorporated Texas
Staggered Board Yes
Term Date N/A
Objective: Capital appreciation potential by investing in equity securities and convertible issues of small and medium size companies which are in need of capital.
Capital & Leverage
Outstanding Shares 7,015,786
Total Assets (Reported: Dec. 31, 2023) $13M
Estimated Total Assets $14M
Net Assets $14M
Market Cap $11M
Portfolio Turnover 3.00%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.87%
Non Lev Exp Ratio 1.87%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -8.53%
Discount Low(3 Yr) -25.11%
Discount High(3 Yr) 17.95%
Discount Rel Range (3 Yr) 10.71%
Comp Discount -7.08
Discount St Dev (1Yr) 3.02
Z-Stat
Z-Stat (6mo) -1.63
Z-Stat (1Yr) -1.38
Z-Stat (3Yr) -1.39
Comp Z-Stat (6mo) -1.37
Comp Z-Stat (3Yr) -0.59
Distribution Data
Market Yield 0.00%
Income Yield 0.00%
Lev Adj NAV Yield 0.00%
Distribution Frequency A
Current Distribution $
Current Income $
Ex-Date
Payable Date
Div Growth (3yr) %
Dividend Change % on
Expected Div 12/19/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2021
Income 100%
ST Gains 0%
QDI 0%
LT Gains 0%
RoC 0%
Volume & Liquidity
Average Daily $ (K) $9
Avg Volume 30 day 5,920
Avg Volume 90 day 5,910
Volume Trend 0.17%
Comp Volume Trend 8.73%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
-5.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
4.0%
Price Correlation (1yr)
vs. CEFA's US Equity Index
0.0%
Most Correlated Peer (Mk Pr): FXBY 30.0%
NAV - Price Correlation (30 d) 2.1%
NAV - Price Correlation (90 d) -17.9%
NAV - Price Correlation (1 Yr) 76.1%
Price St Dev (1Yr) 33.9%
NAV St Dev (1Yr) 18.9%
Earnings
Earnings / Share (12/31/23) $0.001
Earn Coverage 39.50%
Earnings Trend Up
UNII / Share (12/31/23) $0.004
Rel UNII
UNII Trend Up
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.55
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.83
NAV Beta (2yr)
vs. CEFA's US Equity Index
0.55

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CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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