RENN Fund ord:RCG

    Manage Alerts

    Overview

    As of 9/29/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$1.79$2.09-14.35%
    52 Wk Avg$1.86$2.14-13.06%
    52 Wk High$2.20$2.431.42%
    52 Wk Low$1.62$1.94-25.11%
    Regular Distribution Type†Income Only
    Distribution RateN/A
    Distribution Amount$0.0035
    Distribution FrequencyData Not Available
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment objective of the Fund is to provide shareholders with above-market rates of return through capital appreciation and income by a long-term, value oriented investment process that invests in a wide variety of financial instruments, including but not limited to, common stocks, fixed income securities including convertible and non-convertible debt securities or loans, distressed debt, warrants and preferred stock, exchange traded funds and exchange traded notes, and other instruments. In addition, the Fund may sell short stocks, exchange traded funds and exchange traded notes.

    Capital Structure

    As of 9/29/2023

    Total Investment Exposure:$14.663M
    Total Common Assets:$14.663M
    Common Shares Outstanding:7,015,786
    Leverage

    As of 6/30/2020

    Preferred Share Assets:
    Total Debt (USD): $1.247M
    Regulatory Leverage (USD): $1.247M
    Effective Leverage (USD): $1.247M
    Effective Leverage (%): 11.03%
    Annual Expense Ratios

    As of 12/31/2022

      Per Common Share
    Management FeesN/A
    Other Expenses:1.55%
    Baseline Expense: N/A
    Interest Expense:0.00%
    Total: 1.55%
    Fund Management

    Fund Sponsor
    Renn Capital Group Inc

    Portfolio Managers
    Murray Stahl, Steven M. Bregman, Peter B. Doyle

    Basics
    Category: Hybrid-U.S. Allocation
    Ticker: RCG
    NAV Ticker: XXRENNX
    Average Daily Volume (shares): 5,655
    Average Daily Volume (USD): $0.010M
    Inception Date: 1/20/1994
    Inception Share Price: $10.00
    Inception NAV: $9.50
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 9/29/2023

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 6/30/2023    		 $0.0017
    Total Return on NAV (12 months):
    As of 9/29/2023    		-0.78%
    Total % Portfolio Effectively Leveraged:
    As of 9/29/2023     		11.03%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 10/2/2023

    PeriodAvg Discount
    6 Month-16.32%
    1 Year-13.06%
    3 Year-8.04%
    5 Year-11.67%
    Z-Score

    As of 9/29/2023

    PeriodZStat
    3 Month0.98
    6 Month0.57
    1 Year-0.23
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2023
    Category: Morningstar US CEF US Allocation

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-1.10%-0.95%0.97%2.69%
    2022-31.62%-25.84%-17.94%-12.77%
    202156.37%44.37%25.66%17.24%
    20204.25%-4.33%0.91%6.36%
    201910.07%9.47%29.77%22.10%
    2018-0.93%29.25%-8.36%-4.98%
    201723.28%8.89%21.52%14.50%
    201635.56%-12.34%17.59%13.14%
    2015-30.77%-30.32%-9.73%-7.35%
    2014-10.34%-6.36%11.82%9.17%
    20132.11%-6.72%19.53%19.58%
    2012-21.98%18.78%13.72%13.14%
    2011-7.14%-23.66%1.24%3.22%
    2010-24.62%-30.77%  
    2009-10.96%-2.66%  
    2008-49.45%-48.54%  
    2007-40.50%-21.09%  
    2006-0.94%-10.60%  
    2005-4.67%-13.34%  
    200421.86%33.62%  
    200389.30%70.39%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/30/2023
    Category: Morningstar US CEF US Allocation

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 6/30/2023    		38
    Annual Portfolio Turnover:
    As of 12/31/2022    		2.00%
    Asset Allocation

    As of 6/30/2023

    Top Sectors

    As of 6/30/2023

    Sector%Portfolio
    Cash Equivalents (Super Sector)33.13%
    Cash Equivalents33.13%
    Defensive (Super Sector)29.40%
    Sensitive (Super Sector)25.67%
    Energy22.36%
    Healthcare21.01%
    Consumer Defensive8.39%
    Cyclical (Super Sector)7.16%
    Basic Materials3.63%
    Financial Services2.79%
    Top Holdings

    As of 6/30/2023

    HoldingValue% Portfolio
    Apyx Medical Corp$3.09M21.01%
    Texas Pacific Land Corp$2.51M17.06%
    FitLife Brands Inc$1.24M8.39%
    Permian Basin Royalty Trust$0.48M3.27%
    Mesabi Trust$0.38M2.59%
    CACI International Inc Class A$0.36M2.43%
    PrairieSky Royalty Ltd$0.28M1.94%
    Big League Advance Llc /$0.28M1.90%
    Diamond Standard, Inc. Junior-2 Preferred /$0.19M1.26%
    Grayscale Bitcoin Trust (BTC)$0.14M0.94%
    Credit Quality

    As of 6/30/2023

    Country Allocation

    As of 6/30/2023

    Country% Portfolio
    United States - Equity60.69%
    Canada - Equity4.07%
    United Kingdom - Equity0.08%
    Denmark - Equity0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds 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. Shares of closed-end funds 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 frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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