We are live on ! Find out more
RCM

Rivernorth Capital Management Portfolio holdings

AUM $2B
1-Year Est. Return 0.79%
This Fund
S&P 500
This Quarter Est. Return
-0.37%
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
$1.2B
AUM Growth
-$71.2M
Cap. Flow
-$66.9M
Cap. Flow %
-5.58%
Top 10 Hldgs %
30.99%
Holding
261
New
52
Increased
65
Reduced
44
Closed
48

Top Buys

Rank Stock Value
1
CLM icon
Cornerstone Strategic Value Fund
CLM
+$21.6M
2
NTG
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
+$17.5M
3
CRF
Cornerstone Total Return Fund
CRF
+$8.55M
4
PCF
High Income Securities Fund
PCF
+$6.75M
5
AVK
Advent Convertible and Income Fund
AVK
+$5.73M

Top Sells

Rank Stock Value
1
MZF
Managed Duration Inv Grd Muni Fd
MZF
+$14.8M
2
RA
Brookfield Real Assets Income Fund
RA
+$13.6M
3
USA icon
Liberty All-Star Equity Fund
USA
+$13M
4
HYT icon
BlackRock Corporate High Yield Fund
HYT
+$12.2M
5
AOD
abrdn Total Dynamic Dividend Fund
AOD
+$8.26M

Sector Composition

Rank Sector Weight
1 Financials 2.31%
2 Consumer Discretionary 1.27%
3 Technology 1.03%
4 Healthcare 0.65%
5 Communication Services 0.5%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GLO
26
Clough Global Opportunities Fund
GLO
$257M
$16.8M 1.4%
1,546,927
-633,329
-29% -$7.09M
BBDC icon
27
Barings BDC
BBDC
$965M
$15.3M 1.28%
1,527,624
+143,575
+10% +$1.58M
ISD
28
PGIM High Yield Bond Fund
ISD
$419M
$14.5M 1.21%
1,025,024
-1,000
-0.1% -$14.1K
HYI
29
Western Asset High Yield Opportunity Fund Inc
HYI
$135M
$13.3M 1.11%
911,858
+1,431
+0.2% +$20.7K
EDD
30
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
$385M
$12.5M 1.04%
1,855,522
-17,136
-0.9% -$116K
NFJ
31
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.43B
$12.2M 1.02%
935,067
-218,829
-19% -$2.83M
VLT icon
32
Invesco High Income Trust II
VLT
$65.7M
$12.1M 1.01%
881,580
+32,237
+4% +$438K
CBH
33
DELISTED
Virtus Convertible & Income 2024 Target Term Fund
CBH
$11.6M 0.97%
1,265,084
+21,988
+2% +$203K
MSD
34
Morgan Stanley Emerging Markets Debt Fund
MSD
$148M
$10.4M 0.87%
1,204,530
+24,806
+2% +$218K
AVK
35
Advent Convertible and Income Fund
AVK
$563M
$10M 0.84%
657,557
+377,134
+134% +$5.73M
GARS
36
DELISTED
Garrison Capital Inc.
GARS
$9.96M 0.83%
1,203,465
-48,105
-4% -$404K
JLS icon
37
Nuveen Mortgage and Income Fund
JLS
$94.7M
$9.96M 0.83%
415,179
-24,641
-6% -$585K
EGIF
38
DELISTED
Eagle Growth and Income Opportunities Fund
EGIF
$9.38M 0.78%
617,505
+82,161
+15% +$1.28M
BIT icon
39
BlackRock Multi-Sector Income Trust
BIT
$702M
$9.34M 0.78%
552,021
-333,373
-38% -$5.78M
JMT
40
DELISTED
Nuveen Mortgage Opportunity Term Fund 2
JMT
$8.99M 0.75%
388,138
-8,173
-2% -$188K
PRF icon
41
Invesco FTSE RAFI US 1000 ETF
PRF
$10B
$8.9M 0.74%
374,860
-128,300
-25% -$3.01M
CRF
42
Cornerstone Total Return Fund
CRF
$1.17B
$8.46M 0.71%
+621,903
New +$8.55M
WIA
43
Western Asset Inflation-Linked Income Fund
WIA
$186M
$8.39M 0.7%
745,377
-109,801
-13% -$1.25M
PCF
44
High Income Securities Fund
PCF
$99.9M
$8.39M 0.7%
885,137
+716,430
+425% +$6.75M
FUND
45
Sprott Focus Trust
FUND
$308M
$8.33M 0.7%
1,129,197
-49,361
-4% -$379K
EAD
46
Allspring Income Opportunities Fund
EAD
$379M
$7.43M 0.62%
937,570
– –
AKP
47
DELISTED
Alliance Californa Muni Fd
AKP
$7.38M 0.62%
543,439
+262,085
+93% +$3.53M
EVF
48
Eaton Vance Senior Income Trust
EVF
$90.5M
$6.92M 0.58%
1,073,571
-6,279
-0.6% -$40.4K
ARDC
49
Are Dynamic Credit Allocation Fund
ARDC
$298M
$6.84M 0.57%
440,703
-1,800
-0.4% -$28.6K
MSF
50
DELISTED
Morgan Stanley Emerging Mkts Fd
MSF
$6.54M 0.55%
419,226
+13,040
+3% +$209K
1
2
3 4 5

Similar funds

LGM
Logos Global Management San Francisco, California $2B AUM 444.09% 1-Year Est. Return
MYAM
Meiji Yasuda Asset Management Tokyo, Japan $2B AUM 22.52% 1-Year Est. Return
C
Consulta London, United Kingdom $2.01B AUM 16.82% 1-Year Est. Return
CAM
Cormorant Asset Management Boston, Massachusetts $1.99B AUM 737.95% 1-Year Est. Return
SC
Syon Capital San Francisco, California $1.99B AUM 22.67% 1-Year Est. Return
BGM
Burkehill Global Management New York $2.02B AUM 85.32% 1-Year Est. Return
RMCM
Reynders McVeigh Capital Management Boston, Massachusetts $1.98B AUM 23.37% 1-Year Est. Return
AF
Alerus Financial Grand Forks, North Dakota $2.02B AUM 26.03% 1-Year Est. Return

Rivernorth Capital Management's Q3 2018 Portfolio in Review

As of Q3 2018, Rivernorth Capital Management held 261 positions worth $1.2B, down 5.6% from $1.27B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Rivernorth Capital Management withdrew a net $66.9M in Q3 2018, closing 48 positions and reducing 44 holdings. Its most notable exit was Managed Duration Inv Grd Muni Fd, an estimated $14.8M position sold in full.

By sector, the portfolio is most concentrated in Financials at 2.3% of assets, down from 2.7% a quarter earlier, followed by Consumer Discretionary and Technology.

Against the trend, Rivernorth Capital Management opened a new position in Cornerstone Strategic Value Fund worth $21.5M.

  • Rivernorth Capital Management's largest Q3 2018 buy was Cornerstone Strategic Value Fund: 1,558,375 shares worth $21.5M.
  • Rivernorth Capital Management added most to High Income Securities Fund in Q3 2018, an estimated $6.75M increase.
  • Rivernorth Capital Management's biggest Q3 2018 reduction was Liberty All-Star Equity Fund, cutting an estimated $13M.
  • Rivernorth Capital Management fully exited Managed Duration Inv Grd Muni Fd in Q3 2018, selling an estimated $14.8M.
  • Rivernorth Capital Management's ten largest holdings make up 31% of its $1.2B portfolio in Q3 2018.
  • Rivernorth Capital Management opened 52 new positions and closed 48 in Q3 2018.
  • Rivernorth Capital Management's portfolio value fell 5.6% quarter-over-quarter to $1.2B.

Based on Rivernorth Capital Management's 13F filing for Q3 2018, filed 15 Nov 2018.