RiverNorth Capital and Income Fund

The full company name is RiverNorth Capital & Income Fund, Inc.

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on October 2, 2024. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 2,129,843 shares were submitted for redemption and 193,024 shares were repurchased. In accordan.

RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer

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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

LOS ANGELES--(BUSINESS WIRE)--The cast of the highly anticipated spooky adventure film Monster Summer collaborated with the Ryan Seacrest Foundation (RSF), via their Seacrest Studios, for an exciting opportunity to inspire and entertain young hospital patients. The foundation is dedicated to uplifting pediatric patients through creative programming in state-of-the-art broadcast media centers, called Seacrest Studios. RSF invited cast members Abby James Witherspoon, Lilah Pate, Julian Lerner, an.

The ‘Monster Summer' Cast Joined Forces With Seacrest Studios to Bring Joy to Pediatric Patients Nationwide

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--As announced in a press release dated September 4, 2024 (the “Prior Announcement”), the Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF) has authorized the redemption of all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (the “Series A Preferred Stock”) (NYSE: RMPL). The Prior Announcement had noted an anticipated redemption date of October 4, 2024; however, the Fund has determined that.

Update: RiverNorth Capital and Income Fund, Inc. to Redeem Its Outstanding 5.875% Series A Term Preferred Stock

We review the CEF market valuation and performance through the second week of September and highlight recent market action. CEFs had a strong week with most sectors finishing in the green. We highlight some recent CEF misconceptions having to do with term CEFs and CEF valuations.

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WEST PALM BEACH, Fla.--(BUSINESS WIRE)--The Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF) has authorized the redemption of all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (the “Series A Preferred Stock”) (NYSE: RMPL). The anticipated redemption date is October 4, 2024 (the “Redemption Date”), but the redemption may be effected on a subsequent date no later than the mandatory redemption date of October 31, 2024, due to ch.

RiverNorth Capital and Income Fund, Inc. to Redeem Its Outstanding 5.875% Series A Term Preferred Stock

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RiverNorth Capital and Income Fund recently completed a rights offering, which saw its discount widen substantially before narrowing back once again. RSF is a unique closed-end fund with an interval structure and more of an oddball portfolio. The fund's historical performance has been poor, but with a more meaningful discount and stabilizing rates, it may be an interesting prospect going forward.

RSF: Unique Closed-End Fund Now Looking More Appealing

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WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the final results of its non-transferable rights offering (the “Offering”) that expired on April 22, 2024 (the “Expiration Date”). In the Offering, the Fund received subscription requests for 949,525 shares of common stock from rights holders. Accordingly, the Fund expects to issue 949,525 new shares of common stock for these subscriptions, on or about April 24, 2024. Gross.

RiverNorth Capital and Income Fund, Inc. Announces Final Results of Non-Transferable Rights Offering

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”), an exchange-listed interval fund, has filed the prospectus supplement governing the terms of its previously announced non-transferable rights offering. You can find a copy of the prospectus supplement here: XBRL Viewer (sec.gov). The proceeds from the offering will be deployed according to the Fund's investment objective into the portfolio of unique, hard to access private credit assets in.

Update: RiverNorth Capital and Income Fund, Inc. Non-Transferable Rights Offering

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund's stockholders of rights to purchase additional shares of common stock of the Fund. In this offering, the Fund will issue non-transferable rights (the “Rights”) to its stockholders of record as of April 1, 2024 (the “Record Date” and such stockholders, “Record Date Stockholders”).

RiverNorth Capital and Income Fund, Inc. Announces Non-Transferable Rights Offering

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WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on October 4, 2023. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 1,733,887 shares were submitted for redemption and 215,998 shares were repurchased. In accordan.

RiverNorth Capital and Income Fund, Inc.* Announces Final Results of Repurchase Offer

RiverNorth Capital and Income Fund is a small fixed income closed-end fund with $60 million in assets, a high leverage ratio of 40%, and a diverse portfolio. The fund is pro-cyclical and has been trading at a wide discount to NAV due to increasing odds of a recession and bankruptcy rates. Despite efforts to address the discount through share repurchases, the fund's leverage and pro-cyclical nature could lead to further widenings.

RSF: Share Repurchases Trying To Dent The Discount

RSF announced the results of its rights offering. The offering was oversubscribed, allowing RSF to expand its share count by +33%.

RSF: Rights Offering Results

WEST PALM BEACH, Fla.--( BUSINESS WIRE )--RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the final results of its transferable rights offering (the “Offering”). The Fund will issue a total of 1,047,000 new shares of common stock as a result of the Offering, which closed on January 27, 2023 (the “Expiration Date”).

RiverNorth Capital and Income Fund, Inc.* Announces Final Results of Rights Offering

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WEST PALM BEACH, Fla.--( BUSINESS WIRE )--RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offering”) that expired on January 27, 2023 (the “Expiration Date”). In the Offering, the Fund received subscription requests for 1,625,445 shares of common stock from rights holders. Accordingly, the Fund expects to issue 1,047,000 new shares of common stock for these subscriptions, pending the receipt of payment for “delivery-guaranteed” subscriptions, on or about January 31, 2023. Gross proceeds from the Offering are expected to total approximately $16.6 million, before expenses.

RiverNorth Capital and Income Fund, Inc.* Announces Preliminary Results of Rights Offering

WEST PALM BEACH, Fla.--( BUSINESS WIRE )--RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund's stockholders of rights to purchase additional shares of common stock of the Fund.

RiverNorth Capital and Income Fund, Inc.* Announces Transferable Rights Offering

RSF had a recent name change but remained the same fund with the same objective and investment strategy. The fund continues to trade near parity with its NAV, so investors should remain patient.

RSF: New Name, Same Fund

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Specialty Finance Corporation (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on October 5, 2022. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 553,153 shares were submitted for redemption and 177,847 shares were repurchased. In accordance

RiverNorth Specialty Finance Corporation Announces Final Results of Repurchase Offer

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News for RiverNorth Capital and Income Fund ETF (RSF)