RiverNorth Opportunities Fund, Inc. (RIV)

NYSE: RIV · Real-Time Price · USD
12.15
+0.11 (0.91%)
Jan 31, 2025, 4:00 PM EST - Market closed
0.91%
Market Value 260.66M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 21.45M
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend $1.54 (12.70%)
Ex-Dividend Date Mar 14, 2025
Volume 127,301
Open 12.10
Previous Close 12.04
Day's Range 12.01 - 12.20
52-Week Range 11.20 - 12.96
Beta 0.78
Analysts n/a
Price Target n/a
Earnings Date n/a

About RIV

RiverNorth Opportunities Fund, Inc. is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc. and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc. was formed on December 24, 2015 and is domiciled in the United States. [Read more]

Sector Financials
Founded 2015
Country United States
Stock Exchange NYSE
Ticker Symbol RIV
Full Company Profile

News

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 diversif...

18 days ago - Seeking Alpha

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 y...

4 weeks ago - Business Wire

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 inve...

3 months ago - Seeking Alpha

RIV: Good Fund With A Solid Strategy, But Price Is A Bit High

RiverNorth Opportunities Fund offers a high current yield of 12.41%, much higher than its peers. The fund focuses on closed-end funds, ETFs, SPACs, and BDCs to capitalize on market inefficiencies. The...

6 months ago - Seeking Alpha

RIV: This May Be Your Last Chance For The Discount

RiverNorth Opportunities Fund is a closed-end fund that invests in a diversified portfolio of equity, fixed income, and alternative assets. Despite a decline in price, RIV's total return has performed...

8 months ago - Seeking Alpha

RiverNorth Opportunities Fund, Inc. Announces Change in Fiscal Year End

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. (NYSE: RIV) (the “Fund”) is pleased to announce that on May 14-15, 2024, the Board of Directors of the Fund (the “Board”) ap...

9 months ago - Business Wire

RIV: Attractive Discount, But Could Get More Attractive

RiverNorth Opportunities fund continues to trade at an attractive valuation relative to its historical level. The fund is highly diversified, with the largest exposure in other closed-end funds, and o...

11 months ago - Seeking Alpha

RIV: Increase Your Cash Stream With RiverNorth's 13.5% Level Distribution

I have added abrdn Global Infrastructure Income Fund and RiverNorth Opportunities Fund to my portfolio. RIV is a fund of funds that invests in various types of investments, including BDCs, CEFs, and S...

1 year ago - Seeking Alpha

These 7 High-Yield CEFs Reduced Distributions In 2024, Consider Buying Anyway

abrdn, a UK-based fund manager, has been aggressively acquiring and merging closed-end funds aka CEFs from other managers to expand its offerings. CEFs have advantages over traditional dividend-paying...

1 year ago - Seeking Alpha

5 High Yield CEFs That Raised Distributions In 2024

Several high-yielding closed-end funds have announced increased monthly distributions for 2024. The funds mentioned have a forward annual yield exceeding 10%, except for one that yields 9.5%.

Other symbols: ASGIECATEICSPE
1 year ago - Seeking Alpha

RIV: Fund Of Funds, 15% Yield

RIV is a "fund of funds," meaning it invests in other closed-end funds (CEFs), business development company (BDC) debt, exchange-traded funds (ETFs), and special purpose acquisition companies (SPACs)....

1 year ago - Seeking Alpha

RIV: This 13.73%-Yielding CEF Has Unique Qualities, But Be Careful Of Leverage

High inflation is a major problem in the U.S., pushing up the cost of living and putting pressure on household budgets. Investors can earn income by purchasing shares of closed-end funds like the Rive...

1 year ago - Seeking Alpha

RIV: A Tempting Discount

RiverNorth Opportunities Fund is trading at an attractive discount, with a diverse portfolio and exposure to fixed income, SPACs, investment company bonds, and equity. The fund's discount and underlyi...

1 year ago - Seeking Alpha

RIV: A Unique CEF To Boost Your Income

Investors are desperate for new sources of income to maintain their lifestyles in the face of a rapidly-rising cost of living. RIV invests in SPACs, BDCs, and CEFs, which allows it to add a great deal...

1 year ago - Seeking Alpha

94 Monthly Paying Dividend Stocks And 80 Funds For March

Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Ma...

2 years ago - Seeking Alpha

RIV: Unique Strategy And Beats The Market, But Concern About The Distribution

RIV invests in a portfolio of CEFs, BDCs, and other very high-yielding assets to try and give investors an outsized yield. The fund's mix of bonds and common equity would have been an advantage in yea...

2 years ago - Seeking Alpha

RIV: Modest Returns But 12% Yield Will Lead To Shrinking NAV

The RIV fund tactically invests in CEFs and other funds to exploit inefficiencies. RIV has been relatively successful, with 5Yr average annual total returns of 4.5%.

2 years ago - Seeking Alpha

101 Monthly Paying Dividend Stocks And 80 Funds For January

Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Ja...

2 years ago - Seeking Alpha

Weekly Closed-End Fund Roundup: DEX Will Merge With AGD, Tender Next January (December 11, 2022)

2 out of 23 CEF sectors positive on price and 4 out of 23 sectors positive on NAV last week. DEX will merge with AGD.

Other symbols: ACPAGDASGIBBNBYMCEECHI
2 years ago - Seeking Alpha

RIV: Nice Yield But Questions About Sustainability

RiverNorth Opportunities Fund, Inc. is fairly unique among closed-end funds as it invests primarily in SPACs, BDCs, and other funds. The fund is reasonably well-balanced between common equity and fixe...

2 years ago - Seeking Alpha

Weekly Closed-End Fund Roundup: Special Distributions Coming Up (December 4, 2022)

22 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. All sectors were positive last week.

Other symbols: ACPACVAGDASGIECCEDFETV
2 years ago - Seeking Alpha

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

Other symbols: ACPAGDASGIBMECLMCRFEOI
2 years ago - Seeking Alpha

RiverNorth Opportunities Fund, Inc. Announces Final Results of Rights Offering

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. (the “Fund”) (NYSE: RIV) today announced the final results of its transferable rights offering (the “Offering”). The Fund ...

2 years ago - Business Wire

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

Other symbols: ACPAGDASGIBBNCEECRFDBL
2 years ago - Seeking Alpha