CEFZ vs IYLD
RiverNorth Active Income ETF compared with iShares Morningstar Multi-Asset Income ETF on yield, payout growth, payment schedule, cost and risk.
CEFZ
RiverNorth Active Income ETF
TTM yield · Monthly
IYLD
iShares Morningstar Multi-Asset Income ETF
TTM yield · Monthly
Quick take
- CEFZ yields more today: 10.00% vs 4.24% (forward).
- Both pay every month.
- Over the last year CEFZ delivered the higher total return: +11.5% vs +10.8% (price change plus payouts).
- IYLD is cheaper to own: 0.50% vs 3.36% expense ratio.
- CEFZ has the steadier distribution: consistency 99/100 vs 48/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CEFZ | IYLD |
|---|---|---|
| Share price | $8.20 | $22.24 |
| TTM yield | 10.00% | 4.64% |
| Forward yield | 10.00% | 4.24% |
| Annual payout per share | $0.82 | $0.9435 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Sep 27, 2026 (est.) | Oct 2, 2026 (est.) |
| Expense ratio | 3.36% | 0.50% |
| 1-year payout growth | — | +28.5% |
| 5-year payout CAGR | — | +0.9% |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | 99/100 | 48/100 |
| 1-year total return | +11.5% | +10.8% |
| 1-year price return | +1.4% | +5.9% |
| Size (market cap / AUM) | 42.5M | 126.8M |
| Years paying | 1.0 | 14.2 |
| Sector / category | Global Moderately Conservative Allocation | Global Moderately Conservative Allocation |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CEFZ | IYLD | |
|---|---|---|
| Shares | 1,219.5 | 449.6 |
| Income per year | $1,000 | $424 |
| Income per month (avg) | $83 | $35 |
At forward yields, before taxes. Model CEFZ · Model IYLD
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CEFZ Sep 27, 2026 | Oct 11, 2026 | $0.0683 | Est. |
| CEFZ Oct 27, 2026 | Nov 10, 2026 | $0.0683 | Est. |
| CEFZ Nov 26, 2026 | Dec 10, 2026 | $0.0683 | Est. |
| IYLD Oct 2, 2026 | Oct 16, 2026 | $0.0786 | Est. |
| IYLD Nov 1, 2026 | Nov 15, 2026 | $0.0786 | Est. |
| IYLD Dec 1, 2026 | Dec 15, 2026 | $0.0786 | Est. |
Annual payouts per share
CEFZIYLD
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CEFZ or IYLD?
CEFZ currently has the higher trailing yield: CEFZ yields 10.00% and IYLD yields 4.64%. Yield changes daily with price, so check the live figures above.
How often do CEFZ and IYLD pay?
CEFZ pays every month and IYLD pays every month. CEFZ's next ex-date is Sep 27, 2026 and IYLD's is Oct 2, 2026.
Is CEFZ or IYLD better for income?
It depends on what you are optimising for. CEFZ and IYLD differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.