RiverNorth Opportunities Fund, Inc. (RIV)
| Market Value | 266.23M |
| 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 | $1.55 (12.46%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 82,827 |
| Open | 12.47 |
| Previous Close | 12.43 |
| Day's Range | 12.39 - 12.50 |
| 52-Week Range | 10.45 - 12.96 |
| Beta | 0.77 |
| 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]
News
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...
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 Funds have declared distributions for October, November and De...
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...
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...
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...
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...
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...
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...
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%.
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)....
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...
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...
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...
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...
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...
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%.
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...
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...
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 ...
RiverNorth Opportunities Fund, Inc. Announces Preliminary Results of Rights Offering
WEST PALM BEACH, Fla.
Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)
0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.