RIV News and Press, RiverNorth Opportunities Fund Inc. From 08/31/21

RiverNorth Opportunities Fund Announces Results Of Shareholder Vote PR Newswire DENVER , Aug. 31, 2021 /PRNewswire/ -- RiverNorth Opportunities Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol "RIV," announced the results of...

We review CEF market valuation and performance over the past week and highlight recent events. The CEF market is expensive, however you cut it. We take a look at select distribution changes, some weird action at quarter-end and discuss our stance. For further details see: ...

Cannabis REITs are riding a seemingly never-ending 'high' since bursting onto the scene in the late 2010s, thriving in the murky and often contradictory regulatory framework of legalized marijuana. The ongoing federal prohibition - and the resulting limit on access to traditional bank...

The RiverNorth Opportunities Fund invests across a diversified portfolio of CEFs through a "fund-of-funds" strategy. We highlight that the share price spread to NAV has climbed into a historically high premium, making the fund relatively expensive. An overall mixed performance his...

When I get a question on a CEF or am looking at a new CEF, these are the first 5 things I will check. The five places I want to look first are; 1. Investment Policy, 2. Quick Review of Holdings, 3. Discount/Premium, 4. Performance, 5. Distributions. Once these items are checked, I...

This fund was taken over by the activist Bulldog, which we have seen happen in the past. The fund has transitioned to a 'fund of funds' approach. The higher yielding fund can be quite attractive, though some pitfalls exist that you need to be made aware of. For further detai...

There are three primary things that I see a lot of newer CEF investors get hung up on; return of capital, section 19a and data aggregators distribution classifications. All three of these have to do with the tax character of the distributions and the mistakes that can be made. The...

With this article, I open a series on building a sustainable retirement-income portfolio. The goal is high income, in the 7% to 8% range, with capital preservation. The first choice for this portfolio is one I consider a solid core holding in any effort to build sustainable, curre...

In this report, we discuss what's happening in the CEF world in terms of valuations which are nearing the tightest levels of the last five years. Investors have a choice. They can be buy-and-hold investors and ride the wave, focusing on their income streams. Or they can protect ga...

RiverNorth Opportunities Fund (RIV) had declared $0.17/share monthly dividend, in line with previous.Payable Feb. 26; for shareholders of record Feb. 11; ex-div Feb. 10.See RIV Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: RiverNorth Opportunities Fund...