RSF News and Press, RiverNorth Marketplace Lending Corporation From 01/31/23

Summary Term funds have a few topics making them different that I hope to clear up with today's overview. Term funds can benefit shareholders as NAV is realized one way or another. Given that almost all publicly traded CEFs launched after 2018 are term funds, you likely hold some of...

RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offering”) that expired on January 27, 2023 (the “Expiration Date”). In the Offering, the Fund received sub...

Summary 21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector. Real estate and senior loans are the highest-yielding CEF sector. Author's note: This article was released to CEF/ETF...

RiverNorth Capital and Income Fund ( NYSE: RSF ) had declared $0.1424/share monthly dividend , -14.3% decrease from prior dividend of $0.1662. Forward yield 10.33% Payable Jan. 31; for shareholders of record Jan. 13; ex-div Jan. 12. Payable Feb. 28; for shareholder...

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 4, 2023. Based on informatio...

RiverNorth Capital and Income Fund ( NYSE: RSF ) on Wednesday announced a transferable rights offerin g to buy additional shares. The fund will issue transferable subscription rights to shareholders of record as of January 6. The shareholders will receive one right for each sh...

RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund’s stockholders of rights to purchase additional shares of common stock of the Fund. ...

RiverNorth Specialty Finance Corporation (the “Fund”) today announced that effective on or about December 7, 2022 the Fund’s name will be changed to RiverNorth Capital and Income Fund . The Fund’s investment strategy and objective will remain the same. Fu...

Summary 0 out of 23 CEF sectors positive on price and 0 out of 23 sectors positive on NAV last week. U.S. equities were the worst-performing CEF sector. SMM will be merged with SMLPX. Author’s note: This article was released to CEF/ETF Income Laboratory memb...

Summary Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are HFRO, TEI, and BGH. Author's note: This article was released to CEF/E...