RENN Global Entrepreneurs Fund:RCG

    Manage Alerts

    Overview

    As of 12/7/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$2.98$3.00-0.67%
    52 Wk Avg$2.43$2.62-7.19%
    52 Wk High$3.28$3.325.93%
    52 Wk Low$1.53$1.92-20.40%
    Regular Distribution TypeIncome Only
    Distribution RateN/A
    Distribution Amount$0.0000
    Distribution FrequencyData Not Available
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s objective is to achieve above-market rates of return through capital appreciation and income. The Fund has pursued its objective through a long-term, value oriented investment process that may invest in a wide variety of financial instruments, including common stocks, fixed income securities including convertible and non-convertible debt securities or loans, distressed debt, warrants and preferred stock, exchange traded funds, and other instruments.

    Capital Structure

    As of 12/7/2021

    Total Investment Exposure:$17.856M
    Total Common Assets:$17.856M
    Common Shares Outstanding:5,951,956
    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 12/31/2020

      Per Common Share
    Management FeesN/A
    Other Expenses:2.34%
    Baseline Expense: N/A
    Interest Expense:0.01%
    Total: 2.35%
    Fund Management

    Fund Sponsor
    Renn Capital Group Inc

    Portfolio Managers
    Russell G. Cleveland

    Basics
    Category: Hybrid-U.S. Allocation
    Ticker: RCG
    NAV Ticker: XXRENNX
    Average Daily Volume (shares): 22,064
    Average Daily Volume (USD): $0.052M
    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 12/7/2021

    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.

    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 6/30/2021
    -$0.0137
    Total Return on NAV (12 months):
    As of 12/7/2021
    45.45%
    Total % Portfolio Effectively Leveraged:
    As of 12/7/2021
    11.03%

    Pricing Information

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

    As of 12/8/2021

    PeriodAvg Discount
    6 Month-8.73%
    1 Year-7.19%
    3 Year-14.23%
    5 Year-12.20%
    Z-Score

    As of 12/7/2021

    PeriodZStat
    3 Month1.58
    6 Month1.93
    1 Year1.03
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2021
    Category: Morningstar US CEF US Allocation

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD57.92%44.72%20.37%14.16%
    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%15.07%13.03%
    2009-10.96%-2.66%43.70%32.32%
    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%  
    2002-22.84%-23.61%  
    200120.23%20.76%  
    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 11/30/2021
    Category: Morningstar US CEF US Allocation

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 9/30/2021
    29
    Annual Portfolio Turnover:
    As of 12/31/2020
    1.00%
    Asset Allocation

    As of 9/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2021 reported by Fund Sponsor

    Sector%Portfolio
    Defensive (Super Sector)54.23%
    Healthcare48.71%
    Cash Equivalents (Super Sector)22.59%
    Cash Equivalents22.59%
    Sensitive (Super Sector)16.49%
    Energy14.19%
    Consumer Defensive5.52%
    Cyclical (Super Sector)5.15%
    Basic Materials3.91%
    Technology1.56%
    Top Holdings

    As of 9/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Apyx Medical Corp$8.52M48.71%
    Texas Pacific Land Corp$2.31M13.20%
    FitLife Brands Inc$0.97M5.52%
    Mesabi Trust$0.55M3.14%
    CACI International Inc Class A$0.27M1.56%
    Grayscale Bitcoin Trust (BTC)$0.18M1.06%
    PrairieSky Royalty Ltd$0.17M0.99%
    GAMCO Investors Inc Class A$0.16M0.89%
    Miami International Holdings, Inc. /$0.10M0.58%
    Other Liability$-0.08M-0.47%
    Credit Quality

    As of 9/30/2021 reported by Fund Sponsor

    Country Allocation

    As of 9/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity74.18%
    Canada - Equity2.21%
    United Kingdom - Equity0.09%

    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.

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