RIV

RiverNorth Opportunities Fund
RIV

Overview Fund Activity
12.22 USD
+0.03
0.25%
At close Updated Sep 15, 4:00 PM EDT
1 day
0.25%
5 days
-1.45%
1 month
-1.05%
3 months
1.92%
6 months
4%
Year to date
3.47%
1 year
-0.97%
5 years
-18.42%
10 years
-36.05%
 

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
0
Funds holding %
of 7,463 funds
–
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

7% more capital invested

Capital invested by funds: $58.2M [Q1] → $62.3M (+$4.11M) [Q2]

4% more funds holding

Funds holding: 46 [Q1] → 48 (+2) [Q2]

0.66% more ownership

Funds ownership: 23.04% [Q1] → 23.7% (+0.66%) [Q2]

7% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 14

See Fund Rankings

Financial journalist opinion

Positive
Seeking Alpha
3 days ago
RIV: 12% Yielding Fund Of Funds
The RiverNorth Opportunities fund offers diversified exposure to CEFs, ETFs, SPACs, and BDCs, aiming for high monthly income and capital appreciation. RIV's 12.29% yield is supported by improved distribution coverage, but the recent dividend was slightly reduced; leverage and expense ratio are notable factors. Performance has lagged broader indices long-term; risks include interest rate and SPAC exposure.
RIV: 12% Yielding Fund Of Funds
Neutral
Business Wire
21 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. In this offering, the Fund will issue transferable subscription rights (“Rights”) to its common stockholders of record as of September 11, 2025 (the “Record Date” and such stockholders, “Record D.
RiverNorth Opportunities Fund, Inc. Announces Transferable Rights Offering
Neutral
24/7 Wall Street
1 month ago
Passive Income of $5,600 Annually Can Be Had From These 5 High-Yield Closed-End Funds
US mutual funds trace their origin to 1924's Massachusetts Investors Trust, which was the first formalized US mutual fund entity.
Passive Income of $5,600 Annually Can Be Had From These 5 High-Yield Closed-End Funds
Negative
Seeking Alpha
3 months ago
RIV: Pershing Square Exposure Via This CEF, 12% Distribution
RiverNorth Opportunities employs a tactical, multi-asset strategy focused on CEFs, SPACs, and BDCs to exploit market inefficiencies and diversify risk. The fund has delivered strong but volatile returns, with deep drawdowns and a risk profile similar to equities. Currently, RIV trades close to its NAV and appears fairly valued, making it less attractive for new entry at this time.
RIV: Pershing Square Exposure Via This CEF, 12% Distribution
Positive
Seeking Alpha
5 months ago
RIV: Massive, Fully Covered Distribution At A Discount
The RiverNorth Opportunities Fund offers a 13.00% yield, significantly higher than major indices and comparable funds, making it attractive for income-focused investors. The RIV closed-end fund's hybrid strategy includes investing in closed-end funds, ETFs, BDCs, and SPACs, providing diversified exposure and high income. The fund invests mostly in American securities and investment companies, but it does have some foreign market exposure.
RIV: Massive, Fully Covered Distribution At A Discount
Negative
Seeking Alpha
6 months ago
Very Bad News For Closed-End Funds
Closed-end funds offer unique opportunities due to their discount/premium mechanisms, allowing share prices to deviate from net asset value per share in a wild manner. In general, CEFs often provide diverse exposure across equity and fixed-income portfolios, and they even offer exposure to hybrid portfolios, but also allowing for sector-specific exposure. One important note is that not all premiums or discounts indicate a buying or selling opportunity; instead, it can make more sense to examine relative value over historical periods.
Very Bad News For Closed-End Funds
Positive
Seeking Alpha
8 months ago
RIV: This High-Yielding Fund's Valuation Is Getting Better
The RiverNorth Opportunities Fund offers a high yield of 12.91%, significantly higher than most index funds, appealing to income-seeking investors. Despite recent underperformance, the fund's diversified investments in closed-end funds, ETFs, BDCs, and SPACs provide a strong income potential. The portfolio is mostly closed-end funds, with surprisingly limited exposure to BDCs right now.
RIV: This High-Yielding Fund's Valuation Is Getting Better
Neutral
Business Wire
8 months ago
RiverNorth Closed-End Funds Declare Monthly Distributions
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the reset distribution rates have been proposed for the calendar year 2025, as detailed below. Further, the Funds have established the distribution dates for January, February, and March 2025. The payment of the distributions are subject to Board approval. Ex Date Record Date Payable Date January 15, 2025 January 15, 2025 January 31, 2025 February 14, 2025 Februa.
RiverNorth Closed-End Funds Declare Monthly Distributions
Positive
24/7 Wall Street
10 months ago
These 10 Dividend Stocks Are Generating $520 In Dividend Income Every Month
According to
These 10 Dividend Stocks Are Generating $520 In Dividend Income Every Month
Positive
Seeking Alpha
10 months ago
RIV: This High-Yielding Fund Is Very Expensive
The RiverNorth Opportunities Fund offers a high yield of 12.30%, appealing to income-focused investors, but its high expenses and poor historical performance may be concerning. The fund primarily invests in closed-end funds, business development companies, and SPACs, aiming to profit from price inefficiencies and leverage. The fund reduced its allocation to closed-end funds and went to cash in the third quarter for some reason. This may be due to compressed discounts in the asset class.
RIV: This High-Yielding Fund Is Very Expensive
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