RIV
RiverNorth Opportunities FundRIV
RIV
About: Rivernorth Opportunities Fund Inc is a diversified, closed-end management investment company. The fund's investment objective is total return consisting of capital appreciation and current income.
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
9% more funds holding
Funds holding: 44 [Q3] → 48 (+4) [Q4]
0.82% more ownership
Funds ownership: 22.63% [Q3] → 23.45% (+0.82%) [Q4]
6% less capital invested
Capital invested by funds: $62.3M [Q3] → $58.7M (-$3.67M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for RIV.
Financial journalist opinion
Positive
Seeking Alpha
1 day ago
RIV: Massive, Fully Covered Distribution At A Discount
The RiverNorth Opportunities Fund offers a 13.00% yield, significantly higher than major indices and comparable funds, making it attractive for income-focused investors. The RIV closed-end fund's hybrid strategy includes investing in closed-end funds, ETFs, BDCs, and SPACs, providing diversified exposure and high income. The fund invests mostly in American securities and investment companies, but it does have some foreign market exposure.
Negative
Seeking Alpha
1 month ago
Very Bad News For Closed-End Funds
Closed-end funds offer unique opportunities due to their discount/premium mechanisms, allowing share prices to deviate from net asset value per share in a wild manner. In general, CEFs often provide diverse exposure across equity and fixed-income portfolios, and they even offer exposure to hybrid portfolios, but also allowing for sector-specific exposure. One important note is that not all premiums or discounts indicate a buying or selling opportunity; instead, it can make more sense to examine relative value over historical periods.
Positive
Seeking Alpha
2 months ago
RIV: This High-Yielding Fund's Valuation Is Getting Better
The RiverNorth Opportunities Fund offers a high yield of 12.91%, significantly higher than most index funds, appealing to income-seeking investors. Despite recent underperformance, the fund's diversified investments in closed-end funds, ETFs, BDCs, and SPACs provide a strong income potential. The portfolio is mostly closed-end funds, with surprisingly limited exposure to BDCs right now.
Neutral
Business Wire
3 months ago
RiverNorth Closed-End Funds Declare Monthly Distributions
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the reset distribution rates have been proposed for the calendar year 2025, as detailed below. Further, the Funds have established the distribution dates for January, February, and March 2025. The payment of the distributions are subject to Board approval. Ex Date Record Date Payable Date January 15, 2025 January 15, 2025 January 31, 2025 February 14, 2025 Februa.
Positive
24/7 Wall Street
5 months ago
These 10 Dividend Stocks Are Generating $520 In Dividend Income Every Month
According to
Positive
Seeking Alpha
5 months ago
RIV: This High-Yielding Fund Is Very Expensive
The RiverNorth Opportunities Fund offers a high yield of 12.30%, appealing to income-focused investors, but its high expenses and poor historical performance may be concerning. The fund primarily invests in closed-end funds, business development companies, and SPACs, aiming to profit from price inefficiencies and leverage. The fund reduced its allocation to closed-end funds and went to cash in the third quarter for some reason. This may be due to compressed discounts in the asset class.
Neutral
Business Wire
6 months ago
RiverNorth Closed-End Funds Declare Monthly Distributions
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for October, November and December 2024, as detailed below. Ex Date Record Date Payable Date October 15, 2024 October 15, 2024 October 31, 2024 November 15, 2024 November 15, 2024 November 29, 2024 December 13, 2024 December 13, 2024 December 31, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset.
Positive
24/7 Wall Street
7 months ago
Need $15,000 Passive Income? Buy These Dividend Stocks
24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.
Positive
Seeking Alpha
7 months ago
RIV: Good Fund With A Solid Strategy, But Price Is A Bit High
RiverNorth Opportunities Fund offers a high current yield of 12.41%, much higher than its peers. The fund focuses on closed-end funds, ETFs, SPACs, and BDCs to capitalize on market inefficiencies. The fund's strategy works pretty well for delivering both a high level of current income and capital gains.
Neutral
Business Wire
9 months ago
RiverNorth Closed-End Funds Declare Monthly Distributions
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for July, August and September 2024, as detailed below. Ex Date Record Date Payable Date July 15, 2024 July 15, 2024 July 31, 2024 August 15, 2024 August 15, 2024 August 30, 2024 September 13, 2024 September 13, 2024 September 30, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as.
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