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RCM

Rivernorth Capital Management Portfolio holdings

AUM $2B
1-Year Est. Return 0.79%
This Fund
S&P 500
This Quarter Est. Return
-4.32%
1 Year Est. Return
-0.79%
3 Year Est. Return
+4.8%
5 Year Est. Return
-8.69%
10 Year Est. Return
+11.73%
AUM
$2.08B
AUM Growth
+$7.35M
Cap. Flow
+$105M
Cap. Flow %
5.03%
Top 10 Hldgs %
28.85%
Holding
491
New
103
Increased
49
Reduced
63
Closed
82

Top Buys

Rank Stock Value
1
AOD
abrdn Total Dynamic Dividend Fund
AOD
+$27.5M
2
VKQ icon
Invesco Municipal Trust
VKQ
+$22M
3
VMO icon
Invesco Municipal Opportunity Trust
VMO
+$19M
4
PML
PIMCO Municipal Income Fund II
PML
+$12.9M
5
NUV icon
Nuveen Municipal Value Fund
NUV
+$12.9M

Top Sells

Rank Stock Value
1
MUI
BlackRock Municipal Income Fund, Inc.
MUI
+$31.1M
2
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$15.5M
3
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$10.3M
4
BGB
Blackstone Strategic Credit 2027 Term Fund
BGB
+$10.1M
5
PCF
High Income Securities Fund
PCF
+$7.89M

Sector Composition

Rank Sector Weight
1 Financials 10.6%
2 Industrials 0.52%
3 Technology 0.44%
4 Consumer Staples 0.25%
5 Energy 0.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AEAEW
401
DELISTED
AltEnergy Acquisition Corp Warrant
AEAEW
$313 ﹤0.01%
62,498
– –
WEL.WS
402
DELISTED
Integrated Wellness Acquisition Corp Redeemable Warrants
WEL.WS
$300 ﹤0.01%
99,999
– –
PRENW
403
Prenetics Global Ltd Warrant
PRENW
$139K
$256 ﹤0.01%
32,770
– –
CEROW
404
DELISTED
CERo Therapeutics Warrants
CEROW
$207 ﹤0.01%
24,998
– –
ZAPPW
405
DELISTED
Zapp Electric Vehicles Group Limited Warrant
ZAPPW
$190 ﹤0.01%
24,999
– –
ALSAW
406
DELISTED
Alpha Star Acquisition Corp Warrants
ALSAW
$109 ﹤0.01%
98,841
– –
ALCY
407
DELISTED
Alchemy Investments Acquisition Corp 1
ALCY
– –
-18,482
Closed -$201K
AMCI
408
AMC Robotics
AMCI
$104M
– –
-242,962
Closed -$2.71M
BAYA
409
DELISTED
Bayview Acquisition Corp
BAYA
– –
-198,887
Closed -$2.05M
BGB
410
Blackstone Strategic Credit 2027 Term Fund
BGB
$505M
– –
-820,191
Closed -$10.1M
BGH
411
Barings Global Short Duration High Yield Fund
BGH
$285M
– –
-167,483
Closed -$2.54M
CEFS icon
412
Saba Closed-End Funds ETF
CEFS
$442M
– –
-55,200
Closed -$1.23M
CLM icon
413
Cornerstone Strategic Value Fund
CLM
$2.25B
– –
-606,850
Closed -$4.59M
DHF
414
BNY Mellon High Yield Strategies Fund
DHF
$175M
– –
-123,331
Closed -$332K
ENX
415
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
– –
-293,428
Closed -$2.92M
ESHA
416
DELISTED
ESH Acquisition Corp
ESHA
– –
-145,218
Closed -$1.54M
EVM
417
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
– –
-806,138
Closed -$7.78M
FMN
418
Federated Hermes Premier Municipal Income Fund
FMN
$87.3M
– –
-459,191
Closed -$5.7M
HIO
419
Western Asset High Income Opportunity Fund
HIO
$340M
– –
-1,710,662
Closed -$6.93M
HSPO
420
DELISTED
Horizon Space Acquisition I Corp
HSPO
– –
-205,532
Closed -$2.3M
KVAC
421
DELISTED
Keen Vision Acquisition Corp
KVAC
– –
-48,401
Closed -$521K
KYN icon
422
Kayne Anderson Energy Infrastructure Fund
KYN
$2.5B
– –
-438,272
Closed -$4.82M
MHF
423
Western Asset Municipal High Income Fund
MHF
$154M
– –
-121,437
Closed -$878K
MLECW icon
424
Moolec Science SA Warrant
MLECW
– –
-48,517
Closed -$1.94K
MPV
425
Barings Participation Investors
MPV
$174M
– –
-298,560
Closed -$5.06M
15 16
17
18 19

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Rivernorth Capital Management's Q4 2024 Portfolio in Review

As of Q4 2024, Rivernorth Capital Management held 491 positions worth $2.08B, up 0.35% from $2.07B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

Rivernorth Capital Management deployed $105M of net new capital in Q4 2024, opening 103 new positions and adding to 49 existing holdings. Its largest new stake was abrdn Total Dynamic Dividend Fund: 3,126,583 shares worth $26.3M.

By sector, the portfolio is most concentrated in Financials at 11% of assets, up from 7.8% a quarter earlier, followed by Industrials and Technology.

On the sell side, the largest reduction was BlackRock Municipal Income Fund, Inc., an estimated $31.1M trimmed.

  • Rivernorth Capital Management's largest Q4 2024 buy was abrdn Total Dynamic Dividend Fund: 3,126,583 shares worth $26.3M.
  • Rivernorth Capital Management added most to Invesco Municipal Trust in Q4 2024, an estimated $22M increase.
  • Rivernorth Capital Management's biggest Q4 2024 reduction was BlackRock Municipal Income Fund, Inc., cutting an estimated $31.1M.
  • Rivernorth Capital Management fully exited Blackstone Strategic Credit 2027 Term Fund in Q4 2024, selling an estimated $10.1M.
  • Rivernorth Capital Management's ten largest holdings make up 29% of its $2.08B portfolio in Q4 2024.
  • Rivernorth Capital Management opened 103 new positions and closed 82 in Q4 2024.
  • Rivernorth Capital Management's portfolio value rose 0.35% quarter-over-quarter to $2.08B.

Based on Rivernorth Capital Management's 13F filing for Q4 2024, filed 14 Feb 2025.