RSF
RiverNorth Capital and Income Fund
About: RiverNorth Capital and Income Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income by investing in credit instruments, including a portfolio of securities of specialty finance and other financial companies.
0
Funds holding %
of 6,810 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
14.59% less ownership
Funds ownership: 50.05% [Q2] → 35.45% (-14.59%) [Q3]
18% less capital invested
Capital invested by funds: $25.8M [Q2] → $21.1M (-$4.76M) [Q3]
20% less funds holding
Funds holding: 20 [Q2] → 16 (-4) [Q3]
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for RSF.
Financial journalist opinion
Neutral
Business Wire
1 week ago
RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on January 2, 2025. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 1,682,942 shares were submitted for redemption and 183,195 shares were repurchased. In accordan.
Neutral
Business Wire
1 week 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.
Neutral
Business Wire
3 months ago
RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on October 2, 2024. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 2,129,843 shares were submitted for redemption and 193,024 shares were repurchased. In accordan.
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 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.
Neutral
Business Wire
3 months ago
The ‘Monster Summer' Cast Joined Forces With Seacrest Studios to Bring Joy to Pediatric Patients Nationwide
LOS ANGELES--(BUSINESS WIRE)--The cast of the highly anticipated spooky adventure film Monster Summer collaborated with the Ryan Seacrest Foundation (RSF), via their Seacrest Studios, for an exciting opportunity to inspire and entertain young hospital patients. The foundation is dedicated to uplifting pediatric patients through creative programming in state-of-the-art broadcast media centers, called Seacrest Studios. RSF invited cast members Abby James Witherspoon, Lilah Pate, Julian Lerner, an.
Neutral
Business Wire
3 months ago
Update: RiverNorth Capital and Income Fund, Inc. to Redeem Its Outstanding 5.875% Series A Term Preferred Stock
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--As announced in a press release dated September 4, 2024 (the “Prior Announcement”), the Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF) has authorized the redemption of all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (the “Series A Preferred Stock”) (NYSE: RMPL). The Prior Announcement had noted an anticipated redemption date of October 4, 2024; however, the Fund has determined that.
Positive
Seeking Alpha
3 months ago
CEF Weekly Review: Recent CEF Misconceptions
We review the CEF market valuation and performance through the second week of September and highlight recent market action. CEFs had a strong week with most sectors finishing in the green. We highlight some recent CEF misconceptions having to do with term CEFs and CEF valuations.
Neutral
Seeking Alpha
3 months ago
Ideas For Managing CEF Discount Volatility
Volatility in the closed-end fund, or CEF, market has recently increased, while tight discounts create a point of vulnerability for the market. We discuss various strategies investors can use to make their CEF portfolios more resilient to take advantage of future draw-downs. These strategies include focusing on likely CEF distribution changes, seeking funds with wide discounts, considering term CEFs, and riding sidecar with CEF activists.
Neutral
Business Wire
4 months ago
RiverNorth Capital and Income Fund, Inc. to Redeem Its Outstanding 5.875% Series A Term Preferred Stock
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--The Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF) has authorized the redemption of all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (the “Series A Preferred Stock”) (NYSE: RMPL). The anticipated redemption date is October 4, 2024 (the “Redemption Date”), but the redemption may be effected on a subsequent date no later than the mandatory redemption date of October 31, 2024, due to ch.
Neutral
Business Wire
6 months ago
RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on July 3, 2024. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 2,335,546 shares were submitted for redemption and 202,931 shares were repurchased. In accordance.
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