RCM

Rivernorth Capital Management Portfolio holdings

AUM $1.88B

AUM

$1.88B

AUM Growth

-$193M (-9%)

Cap. Flow

-$81.7M

Cap. Flow % of AUM

-4.33%

Top 10 Holdings %Top 10 Hldgs %

26.86%

Holding

449

New

Increased

Reduced

Closed

Top Buys

1	Nuveen Pennsylvania Quality Municipal Income Fund NQP	$6.57M
2	FGMCU FG Merger II Corp. Unit FGMCU	$6.28M
3	BlackRock Flexible Income ETF BINC	$5.69M
4	PMX PIMCO Municipal Income Fund III PMX	$5.68M
5	BTX BlackRock Technology and Private Equity Term Trust BTX	$5.2M

Top Sells

1	BlackRock Capital Allocation Term Trust BCAT	$25.6M
2	BlackRock ESG Capital Allocation Term Trust ECAT	$21.6M
3	Nuveen Quality Municipal Income Fund NAD	$21.5M
4	Nuveen AMT-Free Quality Municipal Income Fund NEA	$17.8M
5	Nuveen AMT-Free Municipal Credit Income Fund NVG	$14.8M

Sector Composition

1	Financials	11.18%
2	Industrials	0.19%
3	Consumer Discretionary	0.15%
4	Technology	0%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	ACP 26 abrdn Income Credit Strategies Fund ACP $719M	$20.3M	1.08%	3,449,997 -1,095,875	-24%	-$6.45M
27	27 BlackRock MuniYield Quality Fund III MYI $690M	$20.1M	1.07%	1,832,401 -163,635	-8%	-$1.8M
28	28 BlackRock Capital Allocation Term Trust BCAT $1.53B	$20.1M	1.06%	1,393,325 -1,780,833	-56%	-$25.6M
29	DMF 29 BNY Mellon Municipal Income DMF $144M	$18.8M	1%	2,614,908 +171,550	+7%	+$1.23M
30	BRW 30 Saba Capital Income & Opportunities Fund BRW $322M	$18.7M	0.99%	2,404,274 -402,835	-14%	-$3.13M
31	MIO 31 Pioneer Municipal High Income Opportunities Fund MIO $199M	$18.6M	0.99%	1,575,851 +144,076	+10%	+$1.7M
32	MHI 32 Pioneer Municipal High Income Fund MHI $206M	$17.5M	0.93%	1,897,129 +256,450	+16%	+$2.36M
33	WIW 33 Western Asset Inflation-Linked Opportunities & Income Fund WIW $521M	$17.3M	0.92%	1,967,769 -77,506	-4%	-$681K
34	PHK 34 PIMCO High Income Fund PHK $813M	$17M	0.9%	3,466,841 -1,418,211	-29%	-$6.94M
35	FTHY 35 First Trust High Yield Opportunities 2027 Term Fund FTHY $524M	$15.7M	0.83%	1,085,915 +167,348	+18%	+$2.42M
36	36 Nuveen California Quality Municipal Income Fund NAC $1.55B	$15.5M	0.82%	1,379,388 -1,026,255	-43%	-$11.5M
37	GLO 37 Clough Global Opportunities Fund GLO $221M	$15.2M	0.81%	3,112,150 +653,395	+27%	+$3.2M
38	38 BlackRock MuniHoldings California Quality Fund MUC $965M	$15.2M	0.81%	1,420,247 -1,356,110	-49%	-$14.5M
39	PML 39 PIMCO Municipal Income Fund II PML $494M	$14.4M	0.76%	1,779,602 +307,676	+21%	+$2.49M
40	LEO 40 BNY Mellon Strategic Municipals LEO $363M	$14M	0.74%	2,293,542 -51,239	-2%	-$314K
41	41 BlackRock MuniYield Quality Fund II MQT $212M	$13.8M	0.73%	1,380,360 +33,043	+2%	+$330K
42	PMX 42 PIMCO Municipal Income Fund III PMX $225M	$13.7M	0.73%	1,910,192 +793,275	+71%	+$5.68M
43	43 BlackRock Flexible Income ETF BINC $9.08B	$13.3M	0.7%	253,536 +108,561	+75%	+$5.69M
44	MAV 44 Pioneer Municipal High Income Advantage Fund MAV $196M	$12.4M	0.66%	1,489,569 +57,328	+4%	+$479K
45	AFB 45 AllianceBernstein National Municipal Income Fund AFB $295M	$11.9M	0.63%	1,091,414 -106,000	-9%	-$1.15M
46	BTX 46 BlackRock Technology and Private Equity Term Trust BTX $1.45B	$11.3M	0.6%	1,803,435 +830,046	+85%	+$5.2M
47	47 Invesco Quality Municipal Securities IQI $489M	$11.3M	0.6%	1,165,816 -308,912	-21%	-$2.99M
48	GRAF 48 Graf Global Corp. GRAF $298M	$11.3M	0.6%	1,100,000	–	–
49	49 BlackRock Investment Quality Municipal Trust BKN $183M	$11.2M	0.6%	976,750 +22,685	+2%	+$261K
50	PFL 50 PIMCO Income Strategy Fund PFL $369M	$11M	0.58%	1,275,940	–	–