Changes to certain types of securities on Robinhood in 2021

We’re currently in the process of phasing out certain types of securities on Robinhood. Starting on January 11, 2021, you’ll no longer be able to buy closed-end funds, limited partnerships, royalty trusts, tracking stocks, New York registry shares, and units. If you own any of these types of securities, please note that you’ll still be able to sell what you own at any time.

If I own any of these types of securities, do I need to take action?

Don’t worry—your shares aren’t going anywhere. They’ll still be included in your portfolio and you can sell them if you’d like. We’ll be sure to let you know if this changes in the future.

Will I still receive dividends if I hold these securities?

If you currently hold a security that pays a dividend, you’ll still receive dividends and they will be credited to your account as cash. These securities will no longer be eligible for our dividend reinvestment program (DRIP).

Will I be able to open new options positions?

After January 11, 2021, you won’t be able to open new options positions on affected securities. You’ll still be able to close your existing positions after this date.

Which symbols will be affected?

This list is subject to change. It was last updated on Dec. 18, 2020.

Closed-end funds

ACP, ACV, ADX, AEF, AFB, AFT, AGD, AIF, AIO, AOD, ARDC, ASA, ASG, ASGI, AVK, AWF, AWP, BAF, BBF, BBK, BBN, BCAT, BCV, BCX, BDJ, BFK, BFO, BFY, BFZ, BGB, BGH, BGIO, BGR, BGT, BGX, BGY, BHK, BHV, BIF, BIT, BKK, BKN, BKT, BLE, BLW, BME, BMEZ, BNY, BOE, BSD, BSE, BSL, BST, BSTZ, BTA, BTO, BTT, BTZ, BUI, BWG, BXMX, BYM, BZM, CAF, CBH, CCD, CEE, CEF, CEM, CEN, CET, CEV, CGO, CHI, CHN, CHW, CHY, CIF, CII, CIK, CLM, CMU, CPZ, CRF, CSQ, CTR, CUBA, CXE, CXH, DBL, DCF, DDF, DEX, DFP, DHF, DHY, DIAX, DLY, DMB, DMF, DMO, DNIF, DNP, DPG, DSE, DSL, DSM, DSU, DTF, DUC, DYFN, EAD, ECC, ECF, EDD, EDF, EDI, EEA, EFF, EFL, EFR, EFT, EGF, EHI, EHT, EIC, EIM, EMD, EMF, EMO, ENX, EOD, EOI, EOS, EOT, ERC, ERH, ETB, ETG, ETJ, ETO, ETV, ETW, ETX, ETY, EVF, EVG, EVM, EVN, EVT, EVV, EVY, EXD, EXG, FAM, FAX, FCO, FCT, FDEU, FEI, FEN, FEO, FFA, FFC, FGB, FIF, FINS, FIV, FLC, FMN, FMO, FMY, FOF, FPF, FPL, FRA, FSD, FSLF, FT, FTF, FTHY, FUND, GAB, GAM, GBAB, GCV, GDL, GDO, GDV, GER, GF, GFY, GGM, GGN, GGO, GGT, GGZ, GHY, GIM, GLO, GLQ, GLU, GLV, GNT, GOF, GPM, GRF, GRX, GUT, HEQ, HFRO, HGLB, HIE, HIO, HIX, HNW, HPF, HPI, HPS, HQH, HQL, HTD, HTY, HYB, HYI, HYT, IAE, IAF, IDE, IFN, IGA, IGD, IGI, IGR, IHD, IHIT, IHTA, IID, IIF, IIM, INSI, IQI, IRL, IRR, ISD, IVH, JCE, JCO, JDD, JEMD, JEQ, JFR, JGH, JHAA, JHB, JHI, JHS, JHY, JLS, JMM, JOF, JPC, JPI, JPS, JPT, JQC, JRI, JRO, JRS, JSD, JTA, JTD, KF, KIO, KMF, KSM, KTF, KYN, LDP, LEO, LGI, MAV, MCA, MCI, MCN, MCR, MEN, MFD, MFL, MFM, MFT, MFV, MGF, MGU, MHD, MHE, MHF, MHI, MHN, MIE, MIN, MIY, MMD, MMT, MMU, MNP, MPA, MPV, MQT, MQY, MSD, MTT, MUA, MUC, MUE, MUH, MUI, MUJ, MUS, MVF, MVT, MXE, MXF, MYC, MYD, MYF, MYI, MYJ, MYN, MZA, NAC, NAD, NAN, NAZ, NBB, NBH, NBO, NBW, NCA, NCB, NCV, NCZ, NDMO, NDP, NEA, NEV, NFJ, NHA, NHF, NHS, NID, NIE, NIM, NIQ, NJV, NKG, NKX, NMCO, NMI, NML, NMS, NMT, NMY, NMZ, NNY, NOM, NPN, NPV, NQP, NRGX, NRK, NRO, NSL, NTG, NUM, NUO, NUV, NUW, NVG, NXC, NXJ, NXN, NXP, NXQ, NXR, NYV, NZF, OCCI, OIA, OPP, OXLC, PAI, PCF, PCI, PCK, PCM, PCN, PCQ, PDI, PDT, PEO, PFD, PFL, PFN, PFO, PGP, PGZ, PHD, PHK, PHT, PHYS, PIM, PKO, PMF, PML, PMM, PMO, PMX, PNF, PNI, PPR, PPT, PSF, PSLV, PTA, PTY, PYN, PZC, QQQX, RA, RCG, RCS, RFI, RFM, RGT, RIV, RMI, RMM, RMRM, RMT, RNP, RQI, RSF, RVT, SBI, SCD, SMM, SOR, SPE, SPPP, SPXX, SRV, STK, SWZ, SZC, TDF, TEAF, TEI, THQ, THW, TKF, TLI, TPZ, TSI, TTP, TURN, TWN, TY, TYG, USA, UTF, UTG, VBF, VCF, VCIF, VCV, VFL, VGI, VGM, VKI, VKQ, VLT, VMM, VMO, VPV, VTA, VTN, VVR, WEA, WIA, WIW, XFLT, ZTR

Limited partnerships

BBU, BEP, BIP, BPY, ESBA, FISK, FTAI, JMP, NMCI, OGCP, RTLR, SPLP

Royalty trusts

BPT, CHKR, CRT, DOMR, ECTM, GULTU, HGTXU, MARPS, MSB, MTR, MVO, NRT, PBT, PERS, PRT, PVL, ROYTL, SBR, SDRMU, SDTTU, SJT, TPL, WHZT

Tracking stocks

BATRA, BATRK, FWONA, FWONK, LSXMA, LSXMB, LSXMK

New York registry shares

ASML, MT, PHG, STM, UN

Units

ENLC, GALTU, GBSNU, KRP, STAY, VOC

Reference No. 1454296
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