RiverNorth Opportunities Fund, Inc. (RIV) is a closed-end fund designed to opportunistically invest in closed-end funds (CEFs) and exchange-traded funds (ETFs) seeks to provide:
Attractive monthly current income and the potential for capital appreciation
Access to a diversified portfolio of closed-end and exchange-traded funds representing a wide array of underlying asset classes
The potential to benefit from unique alpha* opportunities in the closed-end fund market
Opportunistic use of leverage in order to potentially capitalize at times on market dislocations
Shareholder vote for conversion during calendar year 2021
Active portfolio management by RiverNorth Capital Management, LLC ("RiverNorth"), a leading closed-end fund investor
Company profile
Ticker
RIV, XRIVX
Exchange
Website
CEO
Jeremy O. May
Employees
Incorporated
Location
Fiscal year end
Former names
RIVERNORTH TACTICAL OPPORTUNITIES FUND, INC.
SEC CIK
Corporate docs
RIV stock data
Latest filings (excl ownership)
N-CSRS
Certified semi-annual shareholder report (management investment company)
5 Apr 24
POS EX
Additional exhibits for listing
2 Apr 24
424B5
Prospectus supplement for primary offering
2 Apr 24
EFFECT
Notice of effectiveness
29 Feb 24
N-CEN
Annual report (registered investment company)
13 Oct 23
N-CSR
Certified annual shareholder report (management investment company)
6 Oct 23
N-PX
Annual report of proxy voting record
23 Aug 23
DEF 14A
Definitive proxy
22 Aug 23
N-CSRS
Certified semi-annual shareholder report (management investment company)
6 Apr 23
POS EX
Additional exhibits for listing
23 Dec 22
Latest ownership filings
NPORT-P
RiverNorth Opportunities Fund Inc. (Jan 2024 report)
1 Apr 24
SC 13G/A
MORGAN STANLEY
9 Feb 24
NPORT-P
RiverNorth Opportunities Fund Inc. (Oct 2023 report)
29 Dec 23
4
Change in insider ownership
28 Dec 23
4
Change in insider ownership
15 Dec 23
4
Change in insider ownership
11 Dec 23
4
Change in insider ownership
7 Dec 23
4
Change in insider ownership
6 Dec 23
4
Change in insider ownership
4 Dec 23
4
Change in insider ownership
22 Nov 23
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
RiverNorth Opportunities Fund Inc. | – | 0.23 | -6.62 | -5.66 | 371.28 mm | 340 | Oct 2023 |
Institutional ownership, Q3 2023
24.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 41 |
Opened positions | 4 |
Closed positions | 7 |
Increased positions | 19 |
Reduced positions | 10 |
13F shares | Current |
---|---|
Total value | 41.52 bn |
Total shares | 4.54 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
MS Morgan Stanley | 1.58 mm | $16.56 bn |
Mangrove Partners | 433.06 k | $4.55 bn |
Janney Montgomery Scott | 267.41 k | $2.81 mm |
Sit Investment Associates | 254.31 k | $2.67 mm |
BAC Bank Of America | 218.82 k | $2.30 bn |
Advisor | 202.38 k | $2.13 bn |
National Asset Management | 193.45 k | $2.03 bn |
WFC Wells Fargo & Co. | 185.66 k | $1.95 bn |
RY Royal Bank Of Canada | 149.72 k | $1.57 bn |
Envestnet Asset Management | 100.86 k | $1.06 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Dec 23 | Rivernorth Capital Management | Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 11.12 | 12,608 | 140.20 k | 89,368 |
14 Dec 23 | Rivernorth Capital Management | Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 11.063 | 8,674 | 95.96 k | 76,760 |
8 Dec 23 | Rivernorth Capital Management | Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 10.83 | 600 | 6.50 k | 68,086 |
7 Dec 23 | Rivernorth Capital Management | Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 10.77 | 292 | 3.14 k | 67,486 |
4 Dec 23 | Rivernorth Capital Management | Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 10.68 | 1,053 | 11.25 k | 67,194 |
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