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
+16.1%
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
$1.76B
AUM Growth
+$266M
Cap. Flow
+$63.5M
Cap. Flow %
3.61%
Top 10 Hldgs %
29.9%
Holding
338
New
64
Increased
73
Reduced
91
Closed
78

Top Buys

Rank Stock Value
1
NEA icon
Nuveen AMT-Free Quality Municipal Income Fund
NEA
+$36.2M
2
BRW
Saba Capital Income & Opportunities Fund
BRW
+$15.9M
3
GBDC icon
Golub Capital BDC
GBDC
+$15.4M
4
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$15.3M
5
FEI
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
+$10.7M

Top Sells

Rank Stock Value
1
DUC
Duff & Phelps Utility & Corporate Bond Trust
DUC
+$18.2M
2
BTZ icon
BlackRock Credit Allocation Income Trust
BTZ
+$15.2M
3
ARCC icon
Ares Capital
ARCC
+$13.1M
4
MYN icon
BlackRock MuniYield New York Quality Fund
MYN
+$13M
5
RQI icon
Cohen & Steers Quality Income Realty Fund
RQI
+$12.2M

Sector Composition

Rank Sector Weight
1 Financials 5.67%
2 Technology 0.24%
3 Consumer Staples 0.2%
4 Healthcare 0.17%
5 Industrials 0.16%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NRK icon
26
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$916M
$17M 0.97%
1,317,972
+353,198
+37% +$4.4M
EFF
27
DELISTED
EATON VANCE FLOATING-RATE INCOME PLUS FUND
EFF
$16.6M 0.94%
1,199,580
+154,387
+15% +$2.03M
ISD
28
PGIM High Yield Bond Fund
ISD
$419M
$15.5M 0.88%
1,173,755
-72,083
-6% -$918K
AWF
29
AllianceBernstein Global High Income Fund
AWF
$870M
$15.4M 0.88%
1,529,663
+216,269
+16% +$2.12M
EAD
30
Allspring Income Opportunities Fund
EAD
$378M
$13.2M 0.75%
1,886,982
+672,533
+55% +$4.62M
NKX icon
31
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$661M
$13.2M 0.75%
882,572
+411,842
+87% +$5.93M
OCSL icon
32
Oaktree Specialty Lending
OCSL
$1.12B
$13.2M 0.75%
982,303
+336,125
+52% +$4.18M
VMO icon
33
Invesco Municipal Opportunity Trust
VMO
$658M
$12.4M 0.7%
1,042,988
+297,504
+40% +$3.43M
BFZ
34
DELISTED
BlackRock CA Municipal Income Trust
BFZ
$12.4M 0.7%
938,589
+456,161
+95% +$5.78M
EVF
35
Eaton Vance Senior Income Trust
EVF
$91.6M
$12.3M 0.7%
2,306,984
+538,759
+30% +$2.76M
NZF icon
36
Nuveen Municipal Credit Income Fund
NZF
$2.43B
$11.8M 0.67%
797,090
+493,355
+162% +$6.9M
FRA icon
37
BlackRock Floating Rate Income Strategies Fund
FRA
$388M
$11.7M 0.67%
1,049,956
+667,285
+174% +$7.28M
HIX
38
Western Asset High Income Fund II
HIX
$355M
$11.7M 0.67%
1,892,412
+713,787
+61% +$4.02M
EDD
39
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
$385M
$11.7M 0.67%
2,082,651
+892,595
+75% +$4.88M
MUC icon
40
BlackRock MuniHoldings California Quality Fund
MUC
$1.01B
$11.1M 0.63%
784,678
-221,556
-22% -$2.96M
SOR
41
Source Capital
SOR
$383M
$11M 0.63%
333,364
+70,216
+27% +$2.26M
MHN
42
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$10.8M 0.62%
814,622
+13,626
+2% +$174K
BCSF icon
43
Bain Capital Specialty
BCSF
$840M
$10.8M 0.61%
+970,735
New +$10M
FEI
44
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
$10.5M 0.59%
+1,863,762
New +$10.7M
FSD
45
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
$9.51M 0.54%
716,639
+29,608
+4% +$387K
BYM
46
DELISTED
BlackRock Municipal Income Quality Trust
BYM
$9.44M 0.54%
688,907
+23,688
+4% +$317K
FCT
47
First Trust Senior Floating Rate Income Fund II
FCT
$251M
$9.2M 0.52%
845,063
+162,066
+24% +$1.72M
JGH icon
48
Nuveen Global High Income Fund
JGH
$356M
$9.14M 0.52%
689,783
+79,206
+13% +$990K
HGLB
49
Highland Global Allocation Fund
HGLB
$177M
$8.89M 0.51%
1,381,119
+456,854
+49% +$2.59M
NFJ
50
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.44B
$8.76M 0.5%
783,676
-572,702
-42% -$6.14M
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 Q2 2020 Portfolio in Review

As of Q2 2020, Rivernorth Capital Management held 338 positions worth $1.76B, up 18% from $1.49B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Rivernorth Capital Management deployed $63.5M of net new capital in Q2 2020, opening 64 new positions and adding to 73 existing holdings. Its largest new stake was FIRST TRUST MLP AND ENERGY INCOME FUND: 1,863,762 shares worth $10.5M.

By sector, the portfolio is most concentrated in Financials at 5.7% of assets, up from 5.1% a quarter earlier, followed by Technology and Consumer Staples.

On the sell side, the largest reduction was Duff & Phelps Utility & Corporate Bond Trust, an estimated $18.2M trimmed.

  • Rivernorth Capital Management's largest Q2 2020 buy was FIRST TRUST MLP AND ENERGY INCOME FUND: 1,863,762 shares worth $10.5M.
  • Rivernorth Capital Management added most to Nuveen AMT-Free Quality Municipal Income Fund in Q2 2020, an estimated $36.2M increase.
  • Rivernorth Capital Management's biggest Q2 2020 reduction was Duff & Phelps Utility & Corporate Bond Trust, cutting an estimated $18.2M.
  • Rivernorth Capital Management fully exited BlackRock Credit Allocation Income Trust in Q2 2020, selling an estimated $15.2M.
  • Rivernorth Capital Management's ten largest holdings make up 30% of its $1.76B portfolio in Q2 2020.
  • Rivernorth Capital Management opened 64 new positions and closed 78 in Q2 2020.
  • Rivernorth Capital Management's portfolio value rose 18% quarter-over-quarter to $1.76B.

Based on Rivernorth Capital Management's 13F filing for Q2 2020, filed 14 Aug 2020.