RiverNorth Opportunities Fund, Inc.

RiverNorth Opportunities Fund, Inc. is a closed-end management investment company. Its investment objective is total return consisting of capital appreciation and current income. Its activities include investment in other underlying funds not classified as closed-end funds and exchange-traded notes and cash and cash equivalents; and securities lending. The company was founded on September 9, 2010 and is headquartered in Denver, CO.

RiverNorth Opportunities Fund, Inc. is a closed-end management investment company. Its investment objective is total return consisting of capital appreciation and current income. Its activities include investment in other underlying funds not classified as closed-end funds and exchange-traded notes and cash and cash equivalents; and securities lending. The company was founded on September 9, 2010 and is headquartered in West Palm Beach, FL.

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

RiverNorth Flexible Muncpl Incme Fnd Inc

RiverNorth Flexible Mncpl Inm Fnd II Inc

RiverNorth Opportunistic Municipal Income Fund Inc

RiverNorth Managed Duration Municipal Income Fund Inc

RiverNorth Managed Duration Municipal Income Fund II

RiverNorth Capital and Income Fund

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 December 2024, as detailed below. Ex Date Record Date Payable Date October 15, 2024 October 15, 2024 October 31, 2024 November 15, 2024 November 15, 2024 November 29, 2024 December 13, 2024 December 13, 2024 December 31, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset.

RiverNorth Closed-End Funds Declare Monthly Distributions

Virtus Artificial Intelligence & Technology Opportunities Fund

Alpine Global Premier Properties Fund

BlackRock Health Sciences Trust II

Calamos Convertible Opportunities And Income Fund

First Trust Senior Floating Rate Income Fund II

PGIM Global High Yield Fund

Guggenheim Active Allocation Fund

Voya Global Equity Dividend and Premium Opportunity Fund

Nuveen Core Equity Alpha Fund

Nuveen Credit Strategies Income Fund

Neuberger Berman MLP Income Fund, Inc.

Pimco High Income Fund

LMP Capital and Income Fund

24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.

Need $15,000 Passive Income? Buy These Dividend Stocks

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 fund's strategy works pretty well for delivering both a high level of current income and capital gains.

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

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 well compared to its benchmark, the Vanguard Balanced Index Fund. RIV currently trades below its average discount, making it an attractive option for income-focused portfolios with a high distribution rate of 12.72%.

RIV: This May Be Your Last Chance For The Discount

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”) approved a change to the fiscal year end (“FYE”) of the Fund, as set forth in the table below. Fund Ticker Current FYE New FYE RiverNorth Opportunities Fund, Inc. RIV July 31 June 30 This change was made to increase efficiencies and reduce operating costs for the Fund by bringing it into alignment wi.

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

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 offers a multi-asset approach with an attractive distribution rate. The fund looks relatively attractive; however, it is overdue for a rights offering that it had done annually - a rights offering could see the discount widen further.

RIV: Attractive Discount, But Could Get More Attractive

Aberdeen Income Credit Strategies Fund

CBRE Global Real Estate Income Fund

Oxford Lane Capital

PIMCO Dynamic Income Fund

Invesco Senior Income Trust

Work smarter, not harder, the adage tells us. One way to do that is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.

Want $5000 in Passive Income? Invest $5000 in These 7 Funds

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 SPACs. RIV offers a high yield and monthly distributions, and currently trades at a discount to NAV, making it an attractive option for income investors.

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

Saba Closed-End Funds ETF

Cornerstone Strategic Value Fund Inc

Cornerstone Total Return Fund Inc

Clough Global Opportunities Fund

Clough Global Equity Fund

Clough Global Dividend and Income Fund

OFS Credit Company Inc

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 stocks and offer a wide range of asset types and classes.

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

Aberdeen Standard Global Infr Inc Fd

Blackrock ESG Capital Allocation Trust

Eagle Point Income Company Inc

Special Opportunities Fund Inc

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%.

5 High Yield CEFs That Raised Distributions In 2024

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's performance has been influenced by interest rates, and it tends to perform poorly in years when rates are rising. It aims to benchmark itself against the S&P 500. The fund's largest allocation is in CEFs (59%), followed by 14% in BDC debt and equity, 10% in SPACs, and it also has a short position in the S&P 500.

RIV: Fund Of Funds, 15% Yield

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 RiverNorth Opportunities Fund. The RIV closed-end fund uses leverage and a unique strategy to boost its effective yield, but it comes with higher risk and uncertain distribution sustainability.

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

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 underlying CEFs' discounts provide potential upside, but leverage increases risks and adds volatility. RIV is not a set-and-forget investment but should be traded around between its discounts/premiums and rights offerings.

RIV: A Tempting Discount

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 of diversification to an ordinary stock and bond portfolio.

RIV: A Unique CEF To Boost Your Income

AGNC Investment

ARMOUR Residential REIT

Broadmark Realty Capital Inc.

ETRACS Monthly Pay 1.5X Leveraged Closed End Fund Index ETN

Dynex Capital

Ellington Financial

Gladstone Commercial

ProShares K-1 Free Crude Oil Strategy ETF

Orchid Island Capital

Oxford Square Capital

PIMCO Dynamic Income Opportunities Fund

San Juan Basin Royalty Trust

SL Green Realty

Credit Suisse X-Links Silver Shares Covered Call ETN

Simplify Volatility Premium ETF

Yieldmax Tsla Option Income Etf

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 March U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (94); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >8.69% (80).

94 Monthly Paying Dividend Stocks And 80 Funds For March

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 years past but that is not the case today.

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

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%.

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

Bluerock Residential Growth REIT

Ellington Residential Mortgage REIT

Eagle Point Credit

Horizon Technology Finance

Horizon Technology Finance Corp Notes 2017-15.09.22

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

PennantPark Floating Rate Capital

Stellus Capital Investment

Solar Capital

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN

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 January U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (101); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >8.69% (80).

101 Monthly Paying Dividend Stocks And 80 Funds For January

Alpine Global Dynamic Dividend Fund

BlackRock Taxable Municipal Bond Trust

BlackRock Municipal Income Quality Trust

Central and Eastern Europe Fund

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

Credit Suisse High Yield Bond Fund

DoubleLine Yield Opportunities Fund

Eaton Vance National Municipal Opportunities Trust

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Advantaged Bond & Opportunity Stategies Fund

John Hancock Preferred Income Fund

Ivy High Income Opportunities Fund

Macquarie Global Infrastructure Total Return Fund Inc

Pioneer Municipal High Income Opportunities Fund

Nuveen Municipal Credit Opportunities Fund

Nuveen AMT-Free Municipal Credit Income Fund

Pimco California Municipal Income Fund II

Pimco New York Municipal Income Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cushing MLP & Infrastructure Total Return Fund

Delaware Investments

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.

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

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 fixed income, which should provide a balance between safety and return potential.

RIV: Nice Yield But Questions About Sustainability

Virtus AllianzGI Diversified Income & Convertible Fund

Virtus Stone Harbor Emerging Markets Income Fund 

Stone Harbor Emerging Markets Total Income Fund

First Trust Specialty Finance and Financial Opportunities Fund

Gabelli Multimedia Trust

Eagle Capital Growth Fund Inc

Gabelli Utility Trust

Nuveen Massachusetts Quality Municipal Income Fund

Nuveen New York Select Tax-Free Income Portfolio

Pimco Municipal Income Fund II

Putnam Municipal Opportunities Trust

Pimco California Municipal Income Fund III

Nuveen NASDAQ 100 Dynamic Overwrite Fund

Cohen & Steers Real Estate Opportunities and Income Fund

Cohen & Steers Quality Income Realty Fund

TCW Strategic Income Fund

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.

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

Blackrock Health Sciences Trust

Eaton Vance Enhanced Equity Income Fund

First Trust / Aberdeen Emerging Opportunity Fund

John Hancock Preferred Income Fund II

New American High Income Fund

BlackRock Corporate High Yield Fund

John Hancock Investors Trust

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

Tortoise Energy Independence Fund, Inc.

Nuveen Missouri Quality Municipal Income Fund

Tortoise MLP Fund

PCM Fund

Pimco California Municipal Income Fund

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

Virtus Total Return Fund

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

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

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 will issue a total of 2,752,078 new shares of common stock as a result of the Offering, which closed on November 8, 2022 (the “Expiration Date”).

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

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

Doubleline Opportunistic Credit Fund

European Equity Fund

Eaton Vance Short Duration Diversified Income Fund

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Gabelli Convertible and Income Securities Fund

Gabelli Global Utility & Income Trust

John Hancock Hedged Equity & Income Fund

New Ireland Fund Inc

Madison Fund

Cohen And Steers Total Return Realty Fund

Franklin Templeton Emerging Markets Income Fund

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.

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

News for RiverNorth Opportunities Fund, Inc. ETF (RIV)