# RENN Fund, Inc. (RCG): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rcg for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 1996-04-30 RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio. It was formerly known as RENN Global Entrepreneurs Fund, Inc. RENN Fund, Inc. was formed on January 20, 1994 and is domicile... ## Key Facts | Metric | Value | |---|---| | Price | $2.66 | | Expense Ratio | 1.56% | | Market Value | $18.7M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 0.81% | | Annual Distribution (TTM) | $0.02 /share | | Distribution Frequency | Annual | | 52-Week Range | $2.46 – $3.31 | | Beta | 0.15 | ## Latest Distribution - Amount: $0.0215 /share - Ex-date: 2025-12-18 - Pay date: 2025-12-29 ## Frequently Asked Questions ### What does RCG invest in? RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio. It was formerly known as RENN Global Entrepreneurs Fund, Inc. RENN Fund, Inc. was formed on January 20, 1994 and is domiciled in the United States. ### What is the expense ratio of RCG? RENN Fund, Inc. (RCG) charges an expense ratio of 1.56%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is RCG? RENN Fund, Inc. (RCG) has a market value of $18.7M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is RCG actively managed or an index fund? RCG is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RCG's is 1.56%) in exchange for the discretion to over- or under-weight positions. ### When was RCG launched? RENN Fund, Inc. (RCG) launched in April 1996 and is managed by the fund issuer. ### How has RCG performed? RCG's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does RCG pay a dividend? RENN Fund, Inc. (RCG) currently distributes little or no income. Trailing-twelve-month yield is 0.81%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does RCG pay dividends? RENN Fund, Inc. pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is RCG's dividend yield? RCG's trailing-twelve-month yield is 0.81%, calculated from the sum of dividends over the past year divided by the current price. ### When is RCG's next ex-dividend date? The most recently announced ex-dividend date for RCG was 2025-12-18. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will RCG's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.56% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does RCG charge its expense ratio? The expense ratio is deducted in tiny daily slices from RCG's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does RCG cost more than a fund like VOO? RCG is actively managed (current expense ratio 1.56%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether RCG's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to RCG? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as RCG (1.56%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/rcg - Distribution history: https://www.dividenddata.com/funds/rcg/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rcg/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rcg/expenses - Peer comparison: https://www.dividenddata.com/funds/rcg/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.