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RIV - RIV: Premium Pushes Higher For This High Yielder
April, 24 2022 08:51 PM
RiverNorth Opportunities Fund Inc.
RIV's premium continues to push higher despite the rocky year for most investments. The yield on this fund has also been increasing even though the premium has been rising; it has been due to NAV falling faster than the share price. They have recently issued a new publicly traded 6% Series A Perpetual Preferred Stock, raising nearly $82 million. For further details see:
RIV: Premium Pushes Higher For This High Yielder
Stock Information
Company Name:
RiverNorth Opportunities Fund Inc.
Stock Symbol:
RIV
Market:
NYSE
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