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
+8.69%
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
$1.52B
AUM Growth
-$160M
Cap. Flow
-$284M
Cap. Flow %
-18.72%
Top 10 Hldgs %
30.38%
Holding
315
New
23
Increased
46
Reduced
77
Closed
81

Top Buys

Rank Stock Value
1
EHI
Western Asset Global High Income Fund
EHI
+$10.6M
2
VTA
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
+$10.6M
3
MYI icon
BlackRock MuniYield Quality Fund III
MYI
+$8.55M
4
JQC icon
Nuveen Credit Strategies Income Fund
JQC
+$7.34M
5
EFT
Eaton Vance Floating-Rate Income Trust
EFT
+$7.1M

Top Sells

Rank Stock Value
1
FSK icon
FS KKR Capital
FSK
+$17.4M
2
JPS
Nuveen Preferred & Income Securities Fund
JPS
+$15.2M
3
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$14.8M
4
HYT icon
BlackRock Corporate High Yield Fund
HYT
+$14.1M
5
NXDT
NexPoint Diversified Real Estate Trust
NXDT
+$13.7M

Sector Composition

Rank Sector Weight
1 Financials 3.18%
2 Consumer Discretionary 0.9%
3 Technology 0.67%
4 Healthcare 0.37%
5 Energy 0.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NFJ
26
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.43B
$14.6M 0.96%
1,206,442
+114,919
+11% +$1.36M
PMO
27
Franklin Municipal Opportunities Trust
PMO
$285M
$14.5M 0.96%
1,184,776
+576,720
+95% +$6.88M
NHS
28
Neuberger High Yield Strategies Fund Inc
NHS
$255M
$14.3M 0.94%
1,268,675
+529,333
+72% +$5.75M
EFT
29
Eaton Vance Floating-Rate Income Trust
EFT
$288M
$13.9M 0.91%
1,052,569
+530,611
+102% +$7.1M
HYI
30
Western Asset High Yield Opportunity Fund Inc
HYI
$135M
$13.8M 0.91%
936,260
-81,968
-8% -$1.17M
FSK icon
31
FS KKR Capital
FSK
$3.44B
$13.8M 0.91%
569,346
-701,322
-55% -$17.4M
HYT icon
32
BlackRock Corporate High Yield Fund
HYT
$1.37B
$13M 0.86%
1,265,352
-1,404,890
-53% -$14.1M
NTG
33
DELISTED
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
$12.9M 0.85%
91,853
-60,399
-40% -$8.43M
AVK
34
Advent Convertible and Income Fund
AVK
$563M
$12.8M 0.84%
888,556
-87,048
-9% -$1.2M
NVG icon
35
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.7B
$12.6M 0.83%
834,232
-284,910
-25% -$4.14M
VMO icon
36
Invesco Municipal Opportunity Trust
VMO
$663M
$12.3M 0.81%
1,030,012
-742,622
-42% -$8.74M
EFR
37
Eaton Vance Senior Floating-Rate Fund
EFR
$317M
$12.2M 0.8%
937,942
+165,419
+21% +$2.17M
AWF
38
AllianceBernstein Global High Income Fund
AWF
$872M
$11.8M 0.78%
1,015,739
-303,234
-23% -$3.46M
GLO
39
Clough Global Opportunities Fund
GLO
$257M
$11.3M 0.75%
1,171,751
-209,554
-15% -$1.95M
DEX
40
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
$11.2M 0.74%
1,157,877
-274,289
-19% -$2.6M
CLM icon
41
Cornerstone Strategic Value Fund
CLM
$2.25B
$10.9M 0.72%
911,095
-552,319
-38% -$6.57M
FTF
42
Franklin Limited Duration Income Trust
FTF
$233M
$10.9M 0.72%
1,132,074
+21,267
+2% +$202K
HIX
43
Western Asset High Income Fund II
HIX
$355M
$10.1M 0.66%
1,555,481
+440,077
+39% +$2.79M
NRK icon
44
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$912M
$9.78M 0.64%
769,180
-11,787
-2% -$145K
SPY icon
45
State Street SPDR S&P 500 ETF Trust
SPY
$810B
$9.75M 0.64%
34,521
+2,695
+8% +$732K
VLT icon
46
Invesco High Income Trust II
VLT
$65.7M
$9.28M 0.61%
647,444
+57,842
+10% +$805K
FSD
47
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
$9.12M 0.6%
624,498
+402,449
+181% +$5.74M
JGH icon
48
Nuveen Global High Income Fund
JGH
$356M
$9.1M 0.6%
600,198
– –
BTT icon
49
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
$8.89M 0.59%
399,534
-594,833
-60% -$13M
MYI icon
50
BlackRock MuniYield Quality Fund III
MYI
$721M
$8.83M 0.58%
+683,169
New +$8.55M
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 Q1 2019 Portfolio in Review

As of Q1 2019, Rivernorth Capital Management held 315 positions worth $1.52B, down 9.6% from $1.68B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Rivernorth Capital Management withdrew a net $284M in Q1 2019, closing 81 positions and reducing 77 holdings. Its most notable exit was Nuveen Preferred & Income Securities Fund, an estimated $15.2M position sold in full.

By sector, the portfolio is most concentrated in Financials at 3.2% of assets, down from 4.3% a quarter earlier, followed by Consumer Discretionary and Technology.

Against the trend, Rivernorth Capital Management opened a new position in BlackRock MuniYield Quality Fund III worth $8.83M.

  • Rivernorth Capital Management's largest Q1 2019 buy was BlackRock MuniYield Quality Fund III: 683,169 shares worth $8.83M.
  • Rivernorth Capital Management added most to Western Asset Global High Income Fund in Q1 2019, an estimated $10.6M increase.
  • Rivernorth Capital Management's biggest Q1 2019 reduction was FS KKR Capital, cutting an estimated $17.4M.
  • Rivernorth Capital Management fully exited Nuveen Preferred & Income Securities Fund in Q1 2019, selling an estimated $15.2M.
  • Rivernorth Capital Management's ten largest holdings make up 30% of its $1.52B portfolio in Q1 2019.
  • Rivernorth Capital Management opened 23 new positions and closed 81 in Q1 2019.
  • Rivernorth Capital Management's portfolio value fell 9.6% quarter-over-quarter to $1.52B.

Based on Rivernorth Capital Management's 13F filing for Q1 2019, filed 15 May 2019.