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RIV

RiverNorth Opportunities Fund
RIV

10.87 USD
-0.04
0.37%
At close Updated Sep 4, 4:00 PM EDT
1 day
-0.37%
5 days
-1.9%
1 month
-5.48%
3 months
-6.37%
6 months
-8.11%
Year to date
-7.17%
1 year
-12.76%
5 years
-40.86%
10 years
-43.85%
 

About: Rivernorth Opportunities Fund Inc is a diversified, closed-end management investment company. The fund's investment objective is total return consisting of capital appreciation and current income.

Financials Asset Management

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 60%
Neutral 40%
Negative 0%
Positive
Seeking Alpha
11 days ago
RIV's 2026 Rights Offering Notes
RiverNorth Opportunities Fund announces its fourth transferable rights offering in six years, with a 1-for-3 structure and a shareholder-friendly discount floor. The subscription price is set at the higher of 90% of NAV or 95% of the five-day average market price, limiting dilution risk for existing holders. RIV's history of rights offerings shows variable outcomes, with discount floors providing some protection but not eliminating the need for careful timing and judgment.
RIV's 2026 Rights Offering Notes
Neutral
Business Wire
23 days ago
RiverNorth Opportunities Fund, Inc. Announces Transferable Rights Offering
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. (NYSE: RIV) (the “Fund”) announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund's common stockholders of rights to purchase additional shares of common stock of the Fund (the “Rights Offering”). In this offering, the Fund will issue transferable subscription rights (“Rights”) to its common stockholders of record as of August 31, 2026 (the “Record Date” and such st.
RiverNorth Opportunities Fund, Inc. Announces Transferable Rights Offering
Neutral
Seeking Alpha
1 month ago
RIV: 13%+ Dividend Yield In Common, But The Preferred Stock Is The Smarter Choice
RiverNorth Opportunities Fund Inc. manages $324M in net assets with a diversified portfolio spanning SPACs, US equity, bonds, and BDCs. RIV trades at a 4% discount to NAV, near its 5-year average, and sits at one of its lowest historical points. The fund's 5-year NAV total return is 6.25%, underperforming its peer group, with moderate correlation to broad allocation ETFs.
RIV: 13%+ Dividend Yield In Common, But The Preferred Stock Is The Smarter Choice
Positive
Seeking Alpha
1 month ago
RIV: A Good Diversifier For A Portfolio
The RiverNorth Opportunities Fund offers a 13.48% yield by tactically allocating to closed-end funds, SPACs, BDCs, and ETFs. RIV's largest allocation is to special purpose acquisition companies, introducing both diversification benefits and elevated risk for income-focused investors. Distribution coverage relies partly on unrealized gains, making sustainability dependent on continued market strength and successful capital gains realization.
RIV: A Good Diversifier For A Portfolio
Positive
Seeking Alpha
1 month ago
RiverNorth's Series A Preferred: Capital Gains Potential Meets A 6.7% Yield
RiverNorth Opportunities Fund Series A Preferred Shares (RIV.PR.A) offer a 6.7% yield at historic low prices, presenting an attractive entry point. RIV.PR.A's price is highly correlated with long-term rates, providing capital gain potential if rates decline or the yield curve shifts lower. The preferred shares benefit from robust 1940 Act regulatory protections, including asset coverage covenants that limit downside risk during severe market stress.
RiverNorth's Series A Preferred: Capital Gains Potential Meets A 6.7% Yield
Positive
Seeking Alpha
4 months ago
Stable Income In Uncertain Times: The Hidden Opportunity In RIV And RIV.PR.A
RiverNorth Opportunities Fund offers diversified exposure via CEFs, SPACs, and BDCs with a tactical asset allocation strategy. RIV currently trades at a 3.7% discount, with 3-year annualized NAV returns near 12% and a 24.1% leverage ratio. RIV.PR.A preferred stock provides a 6.59% yield, an A1 Moody's rating, and regulatory protection, making it appealing for conservative investors.
Stable Income In Uncertain Times: The Hidden Opportunity In RIV And RIV.PR.A
Positive
Seeking Alpha
4 months ago
RIV: 13% Yield On Mixed Assets
RiverNorth Opportunities Fund (RIV) offers a tactical, diversified portfolio focused on CEFs, SPACs, BDCs, and ETFs, with a 13.51% yield. RIV trades at a 4.54% discount to NAV. Distribution coverage has weakened, with NII plus net realized gains covering only 0.80x the payout in the recent semi-annual period.
RIV: 13% Yield On Mixed Assets
Positive
Seeking Alpha
7 months ago
RIV: Fund Of Funds, 13% Yield, Distribution Hike
RiverNorth Opportunities Fund is profiled as a high-yield investment vehicle with a focus on dividend income. The article details RIV's portfolio, top 10 holdings, bond ratings and maturities, dividend structure, and tax considerations. Performance, risk factors, and valuation metrics for RIV are discussed to inform portfolio positioning.
RIV: Fund Of Funds, 13% Yield, Distribution Hike
Positive
Seeking Alpha
7 months ago
RiverNorth Opportunities' Preferred Stock: High Credit Quality And 6.4%+ Current Yield
RiverNorth Opportunities and its preferred stock (RIV.PR.A) offer high credit quality, stable structure, and trade at a discount to NAV. RIV's portfolio is heavily weighted toward SPACs and finance, with a 26.2% leverage ratio and a 4.21% expense ratio. RIV.PR.A carries an 'A1' Moody's rating, a 6% coupon, and currently yields above 6.4% with robust regulatory coverage.
RiverNorth Opportunities' Preferred Stock: High Credit Quality And 6.4%+ Current Yield
Positive
Seeking Alpha
9 months ago
RIV: Fund Of Funds With An Appealing Distribution Yield
RiverNorth Opportunities Fund offers a diversified, multi-asset closed-end fund strategy focused on income generation through CEFs, SPACs, BDCs, and ETFs. RIV yields 13.38%, with a significant portion of distributions as return of capital, raising tax considerations for investors depending on account type. Recent portfolio adjustments include reducing SPAC exposure and raising capital via new share issuance, but historical performance lags peers like SPE and FOF.
RIV: Fund Of Funds With An Appealing Distribution Yield
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