RIV News and Press, RiverNorth Opportunities Fund Inc. From 08/17/23

2023-08-17 18:06:32 ET Summary High inflation is a major problem in the U.S., pushing up the cost of living and putting pressure on household budgets. Investors can earn income by purchasing shares of closed-end funds like the RiverNorth Opportunities Fund. The RIV closed-end ...

2023-06-14 10:38:06 ET Summary RiverNorth Opportunities Fund is trading at an attractive discount, with a diverse portfolio and exposure to fixed income, SPACs, investment company bonds, and equity. The fund's discount and underlying CEFs' discounts provide potential upside, but l...

2023-05-22 06:25:53 ET Summary Investors are desperate for new sources of income to maintain their lifestyles in the face of a rapidly-rising cost of living. RIV invests in SPACs, BDCs, and CEFs, which allows it to add a great deal of diversification to an ordinary stock and bond ...

2023-04-04 04:51:37 ET RiverNorth Opportunities Fund ( NYSE: RIV ) declares $0.1278/share monthly dividend , in line with previous. Forward yield 13.38% Payable April 28; for shareholders of record April 14; ex-div April 13. Payable May 31; for shareholders of ...

The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for April, May and June 2023 in accordance with each Fund’s level distribution policy. In addition, the RiverNorth Flexible Municipal Income Fund, Inc. has declared a capital gain distribution. ...

2023-03-13 08:43:33 ET Summary RIV invests in a portfolio of CEFs, BDCs, and other very high-yielding assets to try and give investors an outsized yield. The fund's mix of bonds and common equity would have been an advantage in years past but that is not the case today. The fu...

Summary The RIV fund tactically invests in CEFs and other funds to exploit inefficiencies. RIV has been relatively successful, with 5Yr average annual total returns of 4.5%. However, the fund is paying a 12.2% of NAV distribution, which appears unsustainable given the earnings of th...

Summary Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These January U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gai...

Summary 3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut. PCQ's fall another reminder of why CEF premium/discount valuation matters. Author’s note: This article was released to CEF/ETF Income Laborato...

Summary 2 out of 23 CEF sectors positive on price and 2 out of 23 sectors positive on NAV last week. MLPs lead while real estate lags. Emerging market income are the highest-yielding CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory mem...