RiverNorth Capital and Income Fund (RSF) N-CSRS Certified semi-annual shareholder report (management investment company)

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Shares		Description	Value
CLOSED-END FUNDS (9.55%)
United States (9.55%)
	144,315	Allspring Income Opportunities Fund(a)	$	994,330
	54,665	BlackRock MuniYield Quality Fund, Inc.		629,741
	47,592	Blackstone/GSO Senior Floating Rate Term Fund		682,469
	19,688	Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund(b)		378,403
	133,233	The New America High Income Fund, Inc.(a)		1,088,515
	9,082	Nuveen AMT-Free Municipal Credit Income Fund		111,345
	45,027	Nuveen Dynamic Municipal Opportunities Fund(b)		451,170
	31,196	Nuveen Municipal Credit Opportunities Fund		330,990
	30,771	Nuveen Municipal Value Fund, Inc.		264,323
	96,047	PIMCO Municipal Income Fund II		777,020
TOTAL CLOSED-END FUNDS
(Cost $5,370,607)				5,708,306

Principal Amount		Description	Rate			Maturity Date	Value
CLOSED-END FUNDS - PREFERRED SHARES (1.69%)
United States (1.69%)
	39,945	XAI Octagon Floating Rate Alternative Income Trust		6.500	%	03/31/26		1,010,952
TOTAL CLOSED-END FUNDS - PREFERRED SHARES
(Cost $996,666)								1,010,952
BUSINESS DEVELOPMENT COMPANIES - PREFERRED SHARES (2.36%)
United States (2.36%)
	57,440	Crescent Capital BDC, Inc.(a)		5.000	%	05/25/26		1,411,301
TOTAL BUSINESS DEVELOPMENT COMPANIES - PREFERRED SHARES
(Cost $1,436,000)								1,411,301

Shares		Description	Value
SPECIAL PURPOSE ACQUISITION COMPANIES (3.56%)
Great Britain (0.00%)
	1,103	Akari Therapeutics PLC(b)		1,346
United States (3.42%)
	10,223	Aimei Health Technology Co., Ltd.(b)		108,057
	13,945	Black Hawk Acquisition Corp.(b)		144,749
	25,000	Bowen Acquisition Corp.(b)		273,000
	13,877	Iron Horse Acquisitions Corp.(b)		142,794

See Notes to Financial Statements.

8 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Shares		Description	Value
	61,598	Oaktree Specialty Lending Corp.	$	941,217
	7,740	Quetta Acquisition Corp.(b)		81,657
	31,280	Trailblazer Merger Corp. I(b)		347,522
				2,038,996
China (0.01%)
	1,533	CH Auto, Inc.(b)(c)		5,758
Hong Kong (0.13%)
	7,600	JVSPAC Acquisition Corp.(b)		79,344
TOTAL SPECIAL PURPOSE ACQUISITION COMPANIES
(Cost $2,033,610)				2,125,444

Principal Amount/ Shares		Description	Rate			Maturity Date	Value
BUSINESS DEVELOPMENT COMPANY NOTES (11.74%)
United States (11.74%)
	2,800,000	FS KKR Capital Corp.(a)		4.125	%	02/01/25		2,796,361
	2,326,000	FS KKR Capital Corp. II(a)		4.250	%	02/14/25		2,322,024
	1,609,000	Oaktree Specialty Lending Corp.(a)		7.100	%	02/15/29		1,658,738
	250,000	PennantPark Floating Rate Capital, Ltd.		4.250	%	04/01/26		242,071
TOTAL BUSINESS DEVELOPMENT COMPANY NOTES
(Cost $6,386,945)								7,019,194

Principal Amount		Description	Acquisition Date	Cost		Value
SMALL BUSINESS LOANS (72.24%)(d)(e)(f)
United States (72.24%)
	3,085	1548102, 4.60%, 7/4/2020(g)	1/9/2019		3,083		–
	3,962	1582381, 6.77%, 7/24/2020(g)	1/29/2019		3,958		–
	1,489	1584984, 4.59%, 7/26/2020(g)	1/31/2019		1,488		–
	334	1585089, 5.68%, 7/26/2020(g)	1/31/2019		334		–
	10,597	1589658, 3.79%, 7/29/2020(g)	2/1/2019		10,597		1
	196	1593258, 5.84%, 7/31/2020(g)	2/5/2019		195		–
	110	1593594, 6.78%, 7/31/2020(g)	2/5/2019		109		–
	617	1597661, 5.09%, 8/2/2020(g)	2/7/2019		616		–
	3,674	1614869, 5.66%, 8/13/2020(g)	2/19/2019		3,665		–
	315	1619931, 5.85%, 8/14/2020(g)	2/20/2019		314		–
	29,567	1642532, 6.44%, 8/25/2020(g)	2/28/2019		29,537		1
	717	1644626, 5.82%, 8/26/2020(g)	3/1/2019		716		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 9

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,304	1647130, 5.66%, 8/27/2020(g)	3/4/2019		1,301	$	–
	965	1653001, 7.21%, 9/1/2020(g)	3/6/2019		965		–
	8,795	1666941, 6.41%, 9/8/2020(g)	3/13/2019		8,794		–
	5,472	1671864, 5.78%, 9/11/2020(g)	3/14/2019		5,472		–
	551	1673730, 6.38%, 9/12/2020(g)	3/15/2019		551		–
	970	1688605, 6.49%, 9/18/2020(g)	3/21/2019		971		–
	3,619	1688902, 5.11%, 9/18/2020(g)	3/21/2019		3,618		–
	322	1689677, 6.04%, 9/18/2020(g)	3/21/2019		322		–
	3,873	1690358, 4.35%, 9/18/2020(g)	3/21/2019		3,873		–
	5,886	1690894, 6.02%, 9/18/2020(g)	3/21/2019		5,886		–
	1,155	1729242, 5.78%, 10/3/2020(g)	4/8/2019		1,154		–
	1,171	1739156, 3.47%, 10/6/2020(g)	4/11/2019		1,171		–
	1,088	1749348, 5.01%, 10/10/2020(g)	4/15/2019		1,075		–
	61,103	1760439, 5.01%, 10/16/2020(g)	4/19/2019		61,089		1
	396	1775545, 6.71%, 10/22/2020(g)	4/25/2019		396		–
	7,118	1782187, 5.63%, 10/24/2020(g)	4/29/2019		7,106		–
	5,194	1783373, 4.54%, 10/24/2020(g)	4/29/2019		5,194		–
	287	1788029, 5.84%, 10/26/2020(g)	5/1/2019		287		–
	3,942	1791383, 6.41%, 10/28/2020(g)	5/2/2019		3,942		–
	493	1813719, 5.80%, 11/7/2020(g)	5/10/2019		493		–
	332	1820693, 5.80%, 11/9/2020(g)	5/14/2019		332		–
	3,825	1820908, 5.80%, 11/9/2020(g)	5/14/2019		3,826		–
	1,506	1824445, 5.79%, 11/10/2020(g)	5/15/2019		1,506		–
	807	1841518, 6.41%, 11/16/2020(g)	5/21/2019		808		–
	6,525	1850471, 5.77%, 11/21/2020(g)	5/24/2019		6,525		–
	23,704	1857938, 6.42%, 11/23/2020(g)	5/29/2019		23,704		1
	4,008	1860995, 7.20%, 11/24/2020(g)	5/30/2019		4,009		–
	1,768	1863181, 5.79%, 11/26/2020(g)	5/31/2019		1,768		–
	1,713	1873479, 5.80%, 11/30/2020(g)	6/4/2019		1,714		–
	608	1875092, 5.81%, 11/30/2020(g)	6/5/2019		608		–
	561	1880932, 6.73%, 12/1/2020(g)	6/6/2019		561		–
	2,656	1889402, 5.01%, 12/5/2020(g)	6/10/2019		2,560		1
	2,230	1898014, 3.78%, 12/8/2020(g)	6/13/2019		2,229		–
	1,473	1899920, 7.18%, 12/10/2020(g)	6/13/2019		1,474		–
	3,480	1906277, 6.71%, 12/12/2020(g)	6/17/2019		3,472		–
	7,423	1907614, 6.71%, 12/12/2020(g)	6/17/2019		7,422		–
	5,514	1935809, 3.90%, 12/22/2020(g)	6/27/2019		5,513		–
	215	1935883, 6.51%, 12/22/2020(g)	6/27/2019		215		–
	967	1936562, 5.74%, 12/23/2020(g)	6/27/2019		965		–
	1,574	1937906, 5.12%, 12/24/2020(g)	6/27/2019		1,574		–
	312	1939533, 5.73%, 12/24/2020(g)	6/27/2019		312		1
	1,409	1939920, 5.11%, 12/24/2020(g)	6/27/2019		1,410		–
	4,251	1951399, 4.57%, 12/28/2020(g)	7/3/2019		4,248		–
	21,176	1952526, 4.56%, 12/28/2020(g)	7/3/2019		21,176		–
	3,535	1954457, 5.65%, 12/29/2020(g)	7/5/2019		3,535		–

See Notes to Financial Statements.

10 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,283	1956268, 5.62%, 1/1/2021(g)	7/5/2019		1,282	$	–
	6,727	1957392, 5.62%, 1/1/2021(g)	7/5/2019		6,727		–
	4,978	1969396, 5.02%, 1/5/2021(g)	7/10/2019		4,978		–
	3,807	1971120, 7.17%, 1/7/2021(g)	7/11/2019		3,805		–
	319	1974969, 5.77%, 1/8/2021(g)	7/11/2019		320		–
	24,942	1995397, 5.62%, 1/16/2021(g)	7/19/2019		24,942		1
	123	2002359, 5.81%, 1/18/2021(g)	7/23/2019		123		–
	2,193	2003516, 4.55%, 1/18/2021(g)	7/23/2019		2,194		–
	2,401	2015576, 4.55%, 1/24/2021(g)	7/29/2019		2,395		–
	464	2022374, 5.80%, 1/25/2021(g)	7/30/2019		465		–
	1,802	2034758, 5.79%, 1/30/2021(g)	8/2/2019		1,802		–
	288	2042030, 6.72%, 2/1/2021(g)	8/6/2019		288		–
	1,523	2044993, 5.64%, 2/2/2021(g)	8/7/2019		1,523		–
	2,900	2045020, 6.73%, 2/2/2021(g)	8/7/2019		2,900		–
	1,999	2050834, 3.78%, 2/5/2021(g)	8/8/2019		1,998		–
	461	2064400, 6.73%, 2/9/2021(g)	8/14/2019		461		–
	8,935	2064937, 6.41%, 2/9/2021(g)	8/14/2019		8,936		3
	993	2076746, 5.77%, 2/13/2021(g)	8/16/2019		993		–
	1,572	2091346, 5.79%, 2/16/2021(g)	8/21/2019		1,572		–
	2,350	2091583, 6.72%, 2/17/2021(g)	8/22/2019		2,349		–
	5,276	2093924, 5.77%, 2/19/2021(g)	8/22/2019		5,276		–
	1,211	2095700, 6.71%, 2/19/2021(g)	8/22/2019		1,211		–
	3,320	2096337, 6.70%, 2/20/2021(g)	8/23/2019		3,318		–
	335	2097641, 5.77%, 2/20/2021(g)	8/23/2019		335		–
	3,305	2107007, 6.72%, 2/23/2021(g)	8/28/2019		3,299		–
	3,218	2118140, 5.77%, 2/27/2021(g)	8/30/2019		3,218		–
	727	2118711, 7.16%, 2/27/2021(g)	8/30/2019		727		–
	3,515	2124347, 5.04%, 2/28/2021(g)	9/4/2019		3,514		–
	3,276	2124530, 5.82%, 2/28/2021(g)	9/4/2019		3,276		–
	2,289	2127198, 5.82%, 2/28/2021(g)	9/4/2019		2,289		–
	895	2143775, 3.80%, 3/5/2021(g)	9/10/2019		895		–
	3,988	2146490, 3.48%, 3/5/2021(g)	9/10/2019		3,989		–
	10,808	2153324, 5.03%, 3/9/2021(g)	9/12/2019		10,807		1
	12,430	2154168, 4.57%, 3/9/2021(g)	9/12/2019		12,430		–
	5,500	2167809, 7.22%, 3/13/2021(g)	9/18/2019		5,500		–
	1,983	2170053, 4.58%, 3/13/2021(g)	9/18/2019		1,983		–
	3,147	2177062, 5.65%, 3/17/2021(g)	9/20/2019		3,147		–
	1,057	2195443, 3.47%, 3/24/2021(g)	9/27/2019		1,057		–
	3,389	2195971, 6.73%, 3/24/2021(g)	9/27/2019		3,389		–
	5,801	2196017, 5.81%, 3/24/2021(g)	9/27/2019		5,801		–
	4,983	2196788, 5.81%, 3/24/2021(g)	9/27/2019		4,983		2
	187	2199055, 5.03%, 3/25/2021(g)	9/30/2019		187		–
	679	2200159, 3.78%, 3/25/2021(g)	9/30/2019		679		–
	16,485	2201629, 6.45%, 3/26/2021(g)	10/1/2019		16,477		–
	1,865	2209692, 5.80%, 3/30/2021(g)	10/3/2019		1,865		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 11

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,497	2218683, 3.48%, 4/2/2021(g)	10/7/2019		1,495	$	–
	2,548	2241112, 6.72%, 4/8/2021(g)	10/11/2019		2,548		–
	6,525	2247847, 4.59%, 4/10/2021(g)	10/16/2019		6,525		–
	208	2256883, 3.89%, 4/14/2021(g)	10/18/2019		207		–
	3,711	2259998, 6.72%, 4/15/2021(g)	10/18/2019		3,708		–
	4,893	2263574, 6.72%, 4/16/2021(g)	10/21/2019		4,883		–
	3,075	2269360, 7.21%, 4/17/2021(g)	10/22/2019		3,076		–
	2,750	2274254, 5.65%, 4/20/2021(g)	10/24/2019		2,750		–
	53,091	2275768, 3.90%, 4/21/2021(g)	10/24/2019		53,089		2
	2,624	2279635, 4.36%, 4/22/2021(g)	10/25/2019		2,617		–
	26,268	2281744, 4.36%, 4/22/2021(g)	10/25/2019		26,268		–
	837	2283626, 5.81%, 4/23/2021(g)	10/28/2019		837		–
	589	2290461, 5.85%, 4/25/2021(g)	10/30/2019		588		–
	2,946	2290671, 6.75%, 4/25/2021(g)	10/30/2019		2,945		–
	3,651	2291658, 5.76%, 4/25/2021(g)	10/30/2019		3,652		–
	767	2292201, 5.16%, 4/25/2021(g)	10/30/2019		767		–
	2,067	2292361, 6.53%, 4/25/2021(g)	10/30/2019		2,067		–
	5,297	2293918, 7.19%, 4/27/2021(g)	10/31/2019		5,297		–
	3,327	2302369, 7.19%, 4/30/2021(g)	11/4/2019		3,326		–
	15,022	2304806, 4.56%, 4/30/2021(g)	11/4/2019		14,983		1
	8,898	2307058, 5.68%, 4/30/2021(g)	11/5/2019		8,890		1
	782	2313732, 5.68%, 5/2/2021(g)	11/7/2019		781		–
	1,707	2314048, 4.59%, 5/3/2021(g)	11/7/2019		1,703		–
	2,792	2317664, 4.57%, 5/4/2021(g)	11/7/2019		2,791		–
	2,205	2319896, 3.48%, 5/5/2021(g)	11/8/2019		2,204		–
	9,757	2321137, 6.75%, 5/5/2021(g)	11/8/2019		9,728		1
	11,326	2321696, 6.44%, 5/5/2021(g)	11/8/2019		11,321		–
	6,144	2324513, 5.82%, 5/6/2021(g)	11/12/2019		6,134		1
	7,234	2330138, 6.78%, 5/7/2021(g)	11/13/2019		7,227		–
	113	2334140, 5.85%, 5/8/2021(g)	11/14/2019		112		–
	674	2334179, 5.87%, 5/8/2021(g)	11/14/2019		673		–
	2,162	2334953, 5.05%, 5/11/2021(g)	11/15/2019		2,156		–
	4,241	2337867, 3.80%, 5/11/2021(g)	11/15/2019		4,239		–
	294	2338036, 4.60%, 5/11/2021(g)	11/15/2019		293		–
	2,130	2340058, 6.75%, 5/12/2021(g)	11/15/2019		2,127		–
	109	2341864, 7.19%, 5/12/2021(g)	11/15/2019		108		–
	7,669	2351912, 5.68%, 5/14/2021(g)	11/19/2019		7,666		–
	834	2352868, 5.22%, 5/14/2021(g)	11/19/2019		833		–
	1,230	2353875, 4.55%, 5/15/2021(g)	11/20/2019		1,229		–
	10,605	2353915, 5.22%, 5/15/2021(g)	11/20/2019		10,601		–
	1,218	2355375, 3.16%, 5/15/2021(g)	11/20/2019		1,218		–
	12,454	2355381, 4.55%, 5/15/2021(g)	11/20/2019		12,450		–
	18,146	2357103, 4.55%, 5/15/2021(g)	11/20/2019		18,123		–
	2,640	2357897, 5.01%, 5/15/2021(g)	11/20/2019		2,638		–
	609	2360356, 5.13%, 5/17/2021(g)	11/21/2019		609		–

See Notes to Financial Statements.

12 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	8,392	2360582, 3.76%, 5/17/2021(g)	11/21/2019		8,389	$	–
	3,267	2362529, 4.38%, 5/18/2021(g)	11/21/2019		3,264		–
	1,615	2365137, 4.99%, 5/18/2021(g)	11/21/2019		1,615		–
	1,513	2367039, 3.29%, 5/19/2021(g)	11/22/2019		1,511		–
	2,290	2367052, 4.38%, 5/19/2021(g)	11/22/2019		2,289		–
	2,583	2368269, 4.53%, 5/19/2021(g)	11/22/2019		2,581		–
	613	2370479, 5.66%, 5/20/2021(g)	11/25/2019		610		–
	652	2375072, 3.30%, 5/21/2021(g)	11/26/2019		651		–
	18,646	2375697, 4.39%, 5/21/2021(g)	11/26/2019		18,640		–
	5,916	2378064, 5.21%, 5/22/2021(g)	11/27/2019		5,908		–
	7,857	2378913, 4.55%, 5/22/2021(g)	11/27/2019		7,852		–
	2,513	2378980, 5.22%, 5/22/2021(g)	11/27/2019		2,511		–
	4,649	2380327, 3.30%, 5/22/2021(g)	11/27/2019		4,648		–
	2,471	2382061, 4.86%, 5/23/2021(g)	11/29/2019		2,421		–
	16,035	2384037, 5.76%, 5/25/2021(g)	11/29/2019		16,026		1
	1,296	2384123, 5.13%, 5/25/2021(g)	11/29/2019		1,296		–
	1,759	2384328, 4.53%, 5/25/2021(g)	11/29/2019		1,758		–
	9,230	2384659, 5.15%, 5/25/2021(g)	11/29/2019		9,225		–
	1,395	2384791, 5.15%, 5/25/2021(g)	11/29/2019		1,394		–
	4,236	2385394, 4.53%, 5/25/2021(g)	11/29/2019		4,233		–
	73,541	2386538, 3.29%, 5/25/2021(g)	11/29/2019		73,521		–
	7,249	2389003, 4.54%, 5/26/2021(g)	12/2/2019		7,246		–
	7,598	2389913, 5.21%, 5/26/2021(g)	12/2/2019		7,533		1
	11,356	2393947, 4.54%, 5/26/2021(g)	12/2/2019		11,346		–
	11,785	2396071, 5.54%, 5/27/2021(g)	12/3/2019		11,770		–
	7,352	2399996, 5.07%, 5/28/2021(g)	12/4/2019		7,345		–
	1,369	2400418, 5.22%, 5/28/2021(g)	12/4/2019		1,368		–
	899	2402558, 5.20%, 5/29/2021(g)	12/4/2019		899		–
	216	2404856, 3.30%, 5/30/2021(g)	12/5/2019		216		–
	956	2411275, 4.58%, 6/2/2021(g)	12/5/2019		955		–
	2,855	2413355, 5.03%, 6/3/2021(g)	12/6/2019		2,854		–
	2,178	2413407, 5.19%, 6/3/2021(g)	12/6/2019		2,176		–
	10,056	2414589, 3.90%, 6/3/2021(g)	12/6/2019		10,048		–
	18,282	2414998, 4.52%, 6/3/2021(g)	12/6/2019		18,275		–
	12,472	2417947, 4.52%, 6/4/2021(g)	12/9/2019		12,442		–
	2,457	2428610, 4.54%, 6/7/2021(g)	12/12/2019		2,457		–
	1,957	2429244, 4.53%, 6/8/2021(g)	12/12/2019		1,956		–
	3,948	2431645, 4.52%, 6/9/2021(g)	12/12/2019		3,946		–
	307	2432110, 4.86%, 6/9/2021(g)	12/12/2019		307		–
	862	2438281, 4.56%, 6/10/2021(g)	12/13/2019		861		–
	516	2443888, 4.88%, 6/12/2021(g)	12/17/2019		515		–
	1,289	2448231, 5.05%, 6/13/2021(g)	12/18/2019		1,287		–
	10,161	2449329, 4.54%, 6/13/2021(g)	12/18/2019		10,159		–
	1,039	2449975, 4.84%, 6/13/2021(g)	12/18/2019		1,038		–
	4,318	2450948, 4.38%, 6/14/2021(g)	12/19/2019		4,316		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 13

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,248	2456049, 4.53%, 6/16/2021(g)	12/19/2019		3,246	$	–
	1,335	2456291, 3.27%, 6/16/2021(g)	12/19/2019		1,334		–
	1,313	2458260, 3.94%, 6/17/2021(g)	12/20/2019		1,312		–
	24,220	2470811, 3.76%, 6/20/2021(g)	12/26/2019		24,212		1
	2,226	2470977, 3.76%, 6/20/2021(g)	12/26/2019		2,225		–
	3,324	2472487, 3.30%, 6/20/2021(g)	12/26/2019		3,323		–
	480	2473605, 4.70%, 6/20/2021(g)	12/26/2019		480		–
	2,988	2475472, 4.39%, 6/21/2021(g)	12/27/2019		2,987		–
	3,933	2476003, 4.54%, 6/22/2021(g)	12/27/2019		3,931		–
	1,626	2476069, 4.53%, 6/22/2021(g)	12/27/2019		1,625		–
	4,181	2476664, 4.70%, 6/22/2021(g)	12/27/2019		4,179		–
	1,026	2476728, 4.54%, 6/23/2021(g)	12/27/2019		1,025		–
	3,131	2478636, 4.53%, 6/23/2021(g)	12/27/2019		3,129		–
	2,669	2479009, 4.53%, 6/23/2021(g)	12/27/2019		2,668		–
	12,601	2479619, 4.69%, 6/23/2021(g)	12/27/2019		12,597		–
	1,424	2480598, 4.99%, 6/24/2021(g)	12/30/2019		1,422		–
	7,622	2485471, 4.43%, 6/25/2021(g)	12/31/2019		7,619		–
	3,510	2488287, 5.21%, 6/26/2021(g)	12/31/2019		3,508		–
	1,549	2490396, 5.05%, 6/27/2021(g)	1/2/2020		1,547		–
	724	2497539, 5.20%, 6/30/2021(g)	1/3/2020		724		–
	2,924	2498378, 5.21%, 6/30/2021(g)	1/6/2020		2,918		–
	49,917	2502837, 3.97%, 7/1/2021(g)	1/7/2020		49,903		1
	5,823	2503963, 3.30%, 7/2/2021(g)	1/7/2020		5,819		1
	22,469	2505876, 4.86%, 7/2/2021(g)	1/7/2020		22,460		–
	1,925	2509629, 4.60%, 7/3/2021(g)	1/8/2020		1,924		–
	51,377	2509852, 5.22%, 7/3/2021(g)	1/8/2020		51,344		1
	2,976	2516501, 4.68%, 7/7/2021(g)	1/10/2020		2,976		–
	1,888	2517705, 4.52%, 7/7/2021(g)	1/10/2020		1,887		–
	407	2517800, 3.29%, 7/7/2021(g)	1/10/2020		406		–
	22,663	2518351, 4.53%, 7/7/2021(g)	1/10/2020		22,642		–
	2,844	2518902, 3.76%, 7/7/2021(g)	1/10/2020		2,843		–
	1,654	2519841, 5.21%, 7/8/2021(g)	1/13/2020		1,651		–
	1,257	2524988, 5.54%, 7/9/2021(g)	1/14/2020		1,256		–
	186	2528835, 5.23%, 7/10/2021(g)	1/15/2020		185		–
	328	2533327, 4.68%, 7/13/2021(g)	1/16/2020		327		–
	13,659	2534360, 4.38%, 7/13/2021(g)	1/16/2020		13,656		–
	591	2538592, 4.61%, 7/15/2021(g)	1/21/2020		590		–
	1,815	2542908, 5.23%, 7/16/2021(g)	1/22/2020		1,814		–
	9,369	2544198, 5.38%, 7/16/2021(g)	1/22/2020		9,365		–
	2,902	2549195, 4.86%, 7/18/2021(g)	1/24/2020		2,898		–
	2,460	2549612, 5.23%, 7/18/2021(g)	1/24/2020		2,460		–
	651	2549989, 5.38%, 7/19/2021(g)	1/24/2020		650		–
	8,232	2552764, 5.35%, 7/21/2021(g)	1/24/2020		8,229		–
	14,604	2555589, 5.20%, 7/22/2021(g)	1/27/2020		14,591		1
	5,397	2556493, 5.20%, 7/22/2021(g)	1/27/2020		5,380		–

See Notes to Financial Statements.

14 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	914	2557985, 4.53%, 7/22/2021(g)	1/27/2020		908	$	–
	1,226	2561360, 5.21%, 7/23/2021(g)	1/28/2020		1,225		–
	19,513	2561505, 5.37%, 7/23/2021(g)	1/28/2020		19,503		–
	411	2563380, 5.68%, 7/24/2021(g)	1/29/2020		411		–
	3,668	2565829, 5.22%, 7/24/2021(g)	1/29/2020		3,666		–
	1,480	2566592, 4.85%, 7/25/2021(g)	1/30/2020		1,478		–
	3,890	2568327, 5.20%, 7/27/2021(g)	1/30/2020		3,888		–
	8,063	2575090, 5.51%, 7/29/2021(g)	2/3/2020		8,041		–
	7,435	2582185, 5.22%, 7/30/2021(g)	2/4/2020		7,431		–
	882	2583437, 3.96%, 7/31/2021(g)	2/5/2020		882		–
	1,922	2586712, 5.53%, 8/1/2021(g)	2/6/2020		1,921		–
	276	2593131, 5.21%, 8/4/2021(g)	2/7/2020		275		–
	2,259	2595334, 5.21%, 8/4/2021(g)	2/7/2020		2,258		–
	825	2600856, 5.68%, 8/6/2021(g)	2/11/2020		824		–
	455	2604685, 5.22%, 8/7/2021(g)	2/12/2020		454		–
	7,114	2608635, 3.96%, 8/9/2021(g)	2/13/2020		7,086		1
	2,057	2612996, 4.58%, 8/11/2021(g)	2/14/2020		2,056		–
	4,934	2617161, 4.99%, 8/12/2021(g)	2/18/2020		4,911		–
	3,579	2617448, 5.36%, 8/12/2021(g)	2/18/2020		3,577		–
	6,336	2618092, 5.66%, 8/12/2021(g)	2/18/2020		6,325		–
	1,468	2619184, 5.52%, 8/12/2021(g)	2/18/2020		1,462		–
	4,428	2626721, 5.23%, 8/14/2021(g)	2/20/2020		4,426		–
	3,357	2629656, 5.21%, 8/16/2021(g)	2/21/2020		3,353		–
	752	2630040, 5.52%, 8/17/2021(g)	2/21/2020		747		–
	5,664	2630305, 3.29%, 8/17/2021(g)	2/21/2020		5,660		–
	1,935	2631107, 3.76%, 8/17/2021(g)	2/21/2020		1,934		–
	1,527	2633224, 5.51%, 8/18/2021(g)	2/21/2020		1,527		–
	231	2633353, 3.34%, 8/18/2021(g)	2/21/2020		231		–
	627	2634579, 3.29%, 8/18/2021(g)	2/21/2020		627		–
	4,033	2635856, 5.20%, 8/19/2021(g)	2/24/2020		4,029		–
	2,390	2636976, 5.66%, 8/19/2021(g)	2/24/2020		2,389		–
	11,163	2640075, 5.53%, 8/20/2021(g)	2/25/2020		11,157		–
	5,657	2641259, 5.37%, 8/20/2021(g)	2/25/2020		5,645		1
	738	2645266, 5.38%, 8/21/2021(g)	2/26/2020		736		–
	1,521	2647427, 5.22%, 8/22/2021(g)	2/27/2020		1,520		–
	1,096	2647867, 4.61%, 8/22/2021(g)	2/27/2020		1,095		–
	3,598	2649114, 3.95%, 8/24/2021(g)	2/27/2020		3,595		–
	2,664	2650865, 3.95%, 8/25/2021(g)	2/28/2020		2,661		–
	2,899	2650934, 5.20%, 8/25/2021(g)	2/28/2020		2,898		–
	3,492	2654975, 5.20%, 8/25/2021(g)	2/28/2020		3,490		–
	3,716	2658727, 5.36%, 8/26/2021(g)	3/2/2020		3,712		–
	1,284	2676632, 5.18%, 9/3/2021(g)	3/6/2020		1,284		–
	1,506	2679091, 5.64%, 9/4/2021(g)	3/9/2020		1,504		–
	9,495	2686204, 5.20%, 9/5/2021(g)	3/10/2020		9,490		1
	19,907	2691293, 5.04%, 9/6/2021(g)	3/11/2020		19,899		1

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 15

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	25,627	2695602, 4.51%, 9/9/2021(g)	3/12/2020		25,619	$	–
	2,628	2696320, 5.17%, 9/9/2021(g)	3/12/2020		2,627		–
	907	2699394, 5.64%, 9/10/2021(g)	3/13/2020		903		–
	5,219	2703262, 4.51%, 9/11/2021(g)	3/16/2020		5,215		–
	1,928	2703986, 3.28%, 9/11/2021(g)	3/16/2020		1,927		–
	2,007	2705658, 3.74%, 9/11/2021(g)	3/16/2020		2,005		–
	2,157	3121700, 3.38%, 2/4/2022(g)	8/7/2020		2,155		–
	5,202	3124653, 6.09%, 2/8/2022(g)	8/13/2020		5,199		–
	1,727	3135931, 3.37%, 2/19/2022(g)	8/24/2020		1,725		–
	705	3143453, 6.69%, 2/21/2022(g)	8/26/2020		700		–
	4,591	3145811, 5.29%, 2/22/2022(g)	8/27/2020		4,588		–
	801	3152219, 4.02%, 2/25/2022(g)	8/28/2020		800		–
	3,417	3153456, 3.38%, 2/26/2022(g)	8/31/2020		3,410		–
	5,051	3153489, 6.38%, 2/26/2022(g)	8/31/2020		5,045		–
	158	3167289, 3.40%, 3/3/2022(g)	9/9/2020		157		–
	307	3176428, 4.80%, 3/9/2022(g)	9/14/2020		306		–
	644	3182781, 5.32%, 3/10/2022(g)	9/15/2020		643		–
	1,678	3184063, 4.70%, 3/10/2022(g)	9/15/2020		1,677		–
	4,077	3192537, 6.44%, 3/11/2022(g)	9/16/2020		4,068		–
	122	3204855, 4.03%, 3/16/2022(g)	9/21/2020		118		–
	887	3205439, 6.71%, 3/16/2022(g)	9/21/2020		882		–
	385	3212891, 6.44%, 3/19/2022(g)	9/24/2020		380		–
	1,415	3213460, 3.40%, 3/20/2022(g)	9/24/2020		1,415		–
	670	3216331, 6.07%, 3/21/2022(g)	9/24/2020		670		–
	668	3230210, 3.40%, 3/24/2022(g)	9/29/2020		668		–
	897	3233633, 5.44%, 3/26/2022(g)	10/1/2020		894		–
	546	3236737, 3.41%, 3/28/2022(g)	10/1/2020		545		–
	351	3238295, 4.76%, 3/28/2022(g)	10/1/2020		350		–
	4,441	3241924, 6.41%, 3/30/2022(g)	10/5/2020		4,422		–
	181	3246786, 7.87%, 4/2/2022(g)	10/7/2020		181		–
	3,731	3261505, 4.03%, 4/12/2022(g)	10/16/2020		3,729		–
	329	3289596, 3.38%, 4/20/2022(g)	10/23/2020		329		–
	821	3300772, 4.75%, 4/26/2022(g)	10/29/2020		820		–
	768	3311663, 5.74%, 4/30/2022(g)	11/4/2020		765		–
	1,543	3313180, 6.00%, 5/2/2022(g)	11/5/2020		1,540		–
	7,266	3316174, 3.36%, 5/3/2022(g)	11/6/2020		7,262		–
	5,076	3322032, 2.73%, 5/5/2022(g)	11/10/2020		5,071		1
	1,532	3325092, 2.74%, 5/6/2022(g)	11/12/2020		1,532		–
	740	3326688, 2.72%, 5/8/2022(g)	11/13/2020		740		–
	1,060	3327782, 5.36%, 5/9/2022(g)	11/13/2020		1,059		–
	2,657	3328038, 5.44%, 5/9/2022(g)	11/13/2020		2,656		–
	2,830	3328843, 2.74%, 5/9/2022(g)	11/13/2020		2,828		–
	497	3329873, 6.02%, 5/10/2022(g)	11/16/2020		493		–
	523	3333745, 2.74%, 5/11/2022(g)	11/17/2020		523		–
	537	3333993, 4.10%, 5/11/2022(g)	11/17/2020		536		–

See Notes to Financial Statements.

16 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	516	3351623, 2.71%, 5/18/2022(g)	11/23/2020		516	$	–
	3,788	3382909, 5.77%, 5/25/2022(g)	12/1/2020		3,780		–
	935	3389928, 5.37%, 5/28/2022(g)	12/3/2020		933		–
	320	3409472, 6.01%, 6/3/2022(g)	12/8/2020		320		–
	385	3410045, 5.45%, 6/4/2022(g)	12/9/2020		385		–
	5,891	3431112, 4.00%, 6/12/2022(g)	12/17/2020		5,848		–
	655	3431910, 3.35%, 6/14/2022(g)	12/17/2020		654		–
	108	3433072, 4.64%, 6/14/2022(g)	12/17/2020		108		–
	1,086	3443229, 3.35%, 6/17/2022(g)	12/22/2020		1,086		–
	225	3464887, 4.09%, 6/23/2022(g)	12/29/2020		224		–
	1,595	3469785, 7.14%, 6/24/2022(g)	12/30/2020		1,593		–
	3,644	3472830, 5.36%, 6/27/2022(g)	12/31/2020		3,628		–
	2,429	3476208, 7.10%, 6/28/2022(g)	12/31/2020		2,426		–
	511	3487387, 6.02%, 6/30/2022(g)	1/5/2021		510		–
	1,622	3493566, 7.15%, 6/30/2022(g)	1/6/2021		1,620		–
	106	3515495, 5.37%, 7/7/2022(g)	1/12/2021		105		–
	4,107	3520760, 4.01%, 7/8/2022(g)	1/13/2021		4,102		–
	1,768	3559058, 5.74%, 7/18/2022(g)	1/22/2021		1,757		–
	2,916	3561368, 3.99%, 7/19/2022(g)	1/22/2021		2,914		–
	2,331	3576606, 4.02%, 7/22/2022(g)	1/27/2021		2,327		–
	3,956	3578518, 4.01%, 7/22/2022(g)	1/27/2021		3,941		–
	26,929	3607558, 5.07%, 7/28/2022(g)	2/2/2021		26,910		2
	3,676	3608402, 6.44%, 7/29/2022(g)	2/3/2021		3,661		–
	792	3616313, 3.34%, 8/1/2022(g)	2/4/2021		791		–
	329	3619481, 3.32%, 8/2/2022(g)	2/5/2021		328		–
	3,501	3621175, 3.32%, 8/3/2022(g)	2/8/2021		3,499		–
	2,377	3627528, 5.07%, 8/4/2022(g)	2/9/2021		2,374		–
	3,788	3633717, 5.05%, 8/8/2022(g)	2/11/2021		3,786		–
	2,136	3642391, 5.08%, 8/11/2022(g)	2/17/2021		2,131		–
	1,522	3651032, 3.34%, 8/16/2022(g)	2/19/2021		1,520		–
	3,168	3651106, 5.06%, 8/16/2022(g)	2/19/2021		3,167		–
	3,192	3685877, 3.34%, 8/19/2022(g)	2/24/2021		3,190		–
	3,417	3702579, 5.05%, 8/22/2022(g)	2/25/2021		3,414		–
	442	3805509, 5.04%, 9/4/2022(g)	3/9/2021		441		–
	4,087	3814561, 3.94%, 9/5/2022(g)	3/10/2021		4,084		–
	2,885	3828194, 4.71%, 9/9/2022(g)	3/12/2021		2,883		–
	2,087	3843127, 3.32%, 9/11/2022(g)	3/16/2021		2,085		–
	11,467	3859051, 4.71%, 9/15/2022(g)	3/18/2021		11,462		–
	4,495	3880771, 3.95%, 9/19/2022(g)	3/24/2021		4,493		–
	221	3887435, 3.32%, 9/22/2022(g)	3/25/2021		220		–
	604	3929453, 3.33%, 9/27/2022(g)	4/1/2021		602		–
	1,302	3930006, 3.32%, 9/27/2022(g)	4/1/2021		1,297		–
	1,401	3931195, 6.39%, 9/28/2022(g)	4/1/2021		1,392		–
	948	3931799, 3.32%, 9/28/2022(g)	4/1/2021		947		–
	175	3963250, 3.38%, 10/1/2022(g)	4/6/2021		175		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 17

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,627	3964425, 3.96%, 10/1/2022(g)	4/6/2021		3,623	$	–
	6,771	3983092, 5.29%, 10/5/2022(g)	4/8/2021		6,763		–
	4,754	3989505, 3.32%, 10/6/2022(g)	4/9/2021		4,753		–
	831	3990101, 3.31%, 10/6/2022(g)	4/9/2021		830		–
	1,458	4019768, 6.41%, 10/10/2022(g)	4/15/2021		1,455		–
	438	4020491, 4.74%, 10/10/2022(g)	4/15/2021		435		–
	2,992	4029737, 4.73%, 10/13/2022(g)	4/16/2021		2,992		–
	197	4039135, 3.33%, 10/15/2022(g)	4/20/2021		196		–
	1,544	4041337, 3.33%, 10/15/2022(g)	4/20/2021		1,543		–
	8,748	4080831, 6.10%, 10/24/2022(g)	4/29/2021		8,742		–
	618	4082046, 3.32%, 10/25/2022(g)	4/29/2021		617		–
	14,346	4085716, 3.32%, 10/26/2022(g)	4/29/2021		14,339		–
	450	4087275, 3.33%, 10/26/2022(g)	4/29/2021		449		–
	593	4096539, 6.39%, 10/28/2022(g)	5/3/2021		583		1
	1,179	4097747, 4.72%, 10/28/2022(g)	5/3/2021		1,167		–
	4,154	4124208, 5.02%, 11/4/2022(g)	5/7/2021		4,146		–
	4,430	4131674, 3.32%, 11/6/2022(g)	5/11/2021		4,427		–
	13,161	4135323, 5.04%, 11/7/2022(g)	5/12/2021		13,151		–
	7,005	4141129, 3.31%, 11/10/2022(g)	5/13/2021		6,974		–
	4,679	4143004, 5.02%, 11/10/2022(g)	5/13/2021		4,669		–
	3,456	4146121, 3.31%, 11/11/2022(g)	5/14/2021		3,449		–
	697	4159096, 3.94%, 11/13/2022(g)	5/18/2021		697		–
	883	4164332, 5.04%, 11/14/2022(g)	5/19/2021		883		–
	1,258	4164387, 4.73%, 11/14/2022(g)	5/19/2021		1,255		–
	3,861	4165199, 5.04%, 11/15/2022(g)	5/20/2021		3,851		–
	2,757	4165919, 3.32%, 11/15/2022(g)	5/20/2021		2,752		–
	1,627	4169189, 3.32%, 11/17/2022(g)	5/20/2021		1,626		–
	732	4173433, 4.72%, 11/18/2022(g)	5/21/2021		730		–
	17,558	4175645, 5.02%, 11/18/2022(g)	5/21/2021		17,549		–
	4,010	4179738, 5.02%, 11/19/2022(g)	5/24/2021		3,980		–
	106	4195803, 3.33%, 11/21/2022(g)	5/26/2021		106		–
	1,510	4200156, 3.31%, 11/23/2022(g)	5/27/2021		1,509		–
	1,388	4204381, 3.30%, 11/24/2022(g)	5/27/2021		1,387		–
	434	4215872, 3.30%, 11/26/2022(g)	6/1/2021		434		–
	275	4215942, 3.32%, 11/26/2022(g)	6/1/2021		273		–
	434	4217131, 5.02%, 11/26/2022(g)	6/1/2021		432		–
	4,644	4217204, 3.31%, 11/26/2022(g)	6/1/2021		4,629		–
	671	4226563, 3.33%, 11/27/2022(g)	6/2/2021		670		–
	617	4235837, 3.32%, 11/29/2022(g)	6/4/2021		613		–
	667	4236133, 3.30%, 11/29/2022(g)	6/4/2021		667		–
	659	4236763, 3.34%, 11/30/2022(g)	6/4/2021		659		–
	697	4236888, 3.33%, 11/30/2022(g)	6/4/2021		697		–
	459	4242484, 4.72%, 12/1/2022(g)	6/4/2021		459		–
	820	4243683, 5.05%, 12/2/2022(g)	6/7/2021		819		–
	13,245	4247587, 5.03%, 12/2/2022(g)	6/7/2021		13,210		–

See Notes to Financial Statements.

18 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,663	4271840, 3.33%, 12/4/2022(g)	6/9/2021		3,661	$	–
	2,367	4272926, 3.96%, 12/5/2022(g)	6/10/2021		2,362		–
	3,939	4274232, 3.32%, 12/7/2022(g)	6/10/2021		3,937		–
	2,029	4274780, 4.72%, 12/7/2022(g)	6/10/2021		2,028		–
	10,078	4287409, 3.32%, 12/8/2022(g)	6/11/2021		10,074		–
	260	4294567, 3.33%, 12/9/2022(g)	6/14/2021		257		–
	1,720	4307534, 3.32%, 12/10/2022(g)	6/15/2021		1,717		–
	350	4309921, 3.34%, 12/10/2022(g)	6/15/2021		349		–
	9,378	4316101, 5.05%, 12/11/2022(g)	6/16/2021		9,375		–
	5,748	4320456, 5.03%, 12/14/2022(g)	6/17/2021		5,737		–
	12,933	4323377, 5.03%, 12/15/2022(g)	6/18/2021		12,925		–
	584	4329685, 5.05%, 12/16/2022(g)	6/21/2021		583		–
	531	4336702, 3.31%, 12/17/2022(g)	6/22/2021		531		–
	523	4345297, 3.33%, 12/21/2022(g)	6/24/2021		521		–
	322	4356548, 3.31%, 12/23/2022(g)	6/28/2021		321		–
	584	4371086, 3.33%, 12/25/2022(g)	6/30/2021		582		–
	16,804	4371251, 5.05%, 12/25/2022(g)	6/30/2021		16,796		–
	93	4371791, 3.94%, 12/25/2022(g)	6/30/2021		93		–
	12,511	4372245, 3.33%, 12/25/2022(g)	6/30/2021		12,505		–
	8,882	4373402, 5.04%, 12/27/2022(g)	7/1/2021		8,877		–
	2,699	4373562, 3.32%, 12/27/2022(g)	7/1/2021		2,698		–
	1,822	4373693, 3.32%, 12/27/2022(g)	7/1/2021		1,821		–
	3,468	4382622, 2.99%, 12/30/2022(g)	7/6/2021		3,464		–
	2,244	4382706, 2.99%, 12/30/2022(g)	7/6/2021		2,238		–
	23,924	4387865, 4.40%, 1/1/2023(g)	7/7/2021		23,915		–
	2,235	4391533, 4.41%, 1/4/2023(g)	7/9/2021		2,235		–
	7,741	4394797, 4.69%, 1/6/2023(g)	7/9/2021		7,735		–
	3,721	4395033, 2.99%, 1/7/2023(g)	7/12/2021		3,718		–
	2,067	4396640, 4.69%, 1/7/2023(g)	7/12/2021		2,065		–
	2,394	4396682, 4.69%, 1/7/2023(g)	7/12/2021		2,390		–
	3,235	4399696, 3.62%, 1/8/2023(g)	7/13/2021		3,234		–
	6,903	4403114, 2.99%, 1/11/2023(g)	7/15/2021		6,899		–
	1,566	4404824, 2.98%, 1/12/2023(g)	7/15/2021		1,561		–
	11,263	4405790, 4.38%, 1/13/2023(g)	7/16/2021		11,252		–
	312	4406023, 2.99%, 1/13/2023(g)	7/16/2021		309		–
	5,514	4406618, 2.98%, 1/13/2023(g)	7/16/2021		5,509		–
	11,739	4411070, 4.71%, 1/15/2023(g)	7/20/2021		11,736		–
	1,138	4411260, 3.00%, 1/15/2023(g)	7/20/2021		1,136		–
	1,208	4416194, 4.72%, 1/16/2023(g)	7/21/2021		1,208		–
	1,202	4422714, 4.69%, 1/20/2023(g)	7/23/2021		1,200		–
	3,795	4425529, 2.98%, 1/20/2023(g)	7/23/2021		3,792		–
	27,917	4428237, 2.98%, 1/21/2023(g)	7/26/2021		27,898		1
	4,979	4429575, 2.99%, 1/22/2023(g)	7/27/2021		4,974		–
	573	4430929, 4.72%, 1/22/2023(g)	7/27/2021		572		–
	1,745	4431098, 4.71%, 1/22/2023(g)	7/27/2021		1,744		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 19

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	566	4433082, 2.99%, 1/23/2023(g)	7/28/2021		563	$	–
	17,670	4435754, 4.69%, 1/26/2023(g)	7/29/2021		17,630		–
	938	4438396, 3.00%, 1/27/2023(g)	7/30/2021		937		–
	14,308	4438706, 4.38%, 1/27/2023(g)	7/30/2021		14,299		–
	20,399	4442923, 4.71%, 1/29/2023(g)	8/3/2021		20,390		1
	5,418	4443392, 3.62%, 1/29/2023(g)	8/3/2021		5,414		–
	2,522	4444285, 2.99%, 1/29/2023(g)	8/3/2021		2,520		–
	1,000	4447939, 4.71%, 1/31/2023(g)	8/5/2021		997		–
	1,465	4448025, 4.70%, 2/1/2023(g)	8/5/2021		1,465		–
	333	4448392, 3.04%, 2/1/2023(g)	8/5/2021		332		–
	761	4448399, 2.96%, 2/1/2023(g)	8/5/2021		761		–
	3,934	4451893, 2.99%, 2/3/2023(g)	8/6/2021		3,931		–
	3,090	4453003, 4.69%, 2/3/2023(g)	8/6/2021		3,089		–
	3,539	4460031, 3.00%, 2/6/2023(g)	8/11/2021		3,538		–
	171	4461958, 3.03%, 2/9/2023(g)	8/12/2021		170		–
	3,247	4463959, 4.69%, 2/10/2023(g)	8/13/2021		3,245		–
	4,077	4464647, 2.98%, 2/10/2023(g)	8/13/2021		4,074		–
	3,150	4465640, 4.69%, 2/10/2023(g)	8/13/2021		3,149		–
	105	4466236, 2.98%, 2/11/2023(g)	8/16/2021		102		–
	1,939	4469976, 3.61%, 2/12/2023(g)	8/17/2021		1,937		–
	28,638	4471259, 4.71%, 2/12/2023(g)	8/17/2021		28,621		–
	9,160	4472241, 3.62%, 2/13/2023(g)	8/18/2021		9,155		–
	1,745	4473775, 4.40%, 2/15/2023(g)	8/19/2021		1,744		–
	3,340	4473899, 4.70%, 2/15/2023(g)	8/19/2021		3,338		–
	19,212	4475502, 2.98%, 2/16/2023(g)	8/19/2021		19,199		–
	801	4479356, 2.99%, 2/18/2023(g)	8/23/2021		801		–
	7,168	4479635, 3.60%, 2/18/2023(g)	8/23/2021		7,161		–
	1,598	4480296, 4.69%, 2/18/2023(g)	8/23/2021		1,592		–
	1,291	4483137, 2.99%, 2/19/2023(g)	8/24/2021		1,289		–
	20,432	4483889, 4.71%, 2/19/2023(g)	8/24/2021		20,413		–
	903	4485829, 3.00%, 2/21/2023(g)	8/26/2021		902		–
	1,035	4485983, 4.73%, 2/21/2023(g)	8/26/2021		1,035		–
	1,358	4486138, 2.99%, 2/21/2023(g)	8/26/2021		1,357		–
	7,685	4486575, 4.39%, 2/22/2023(g)	8/26/2021		7,682		–
	1,342	4487279, 2.98%, 2/23/2023(g)	8/26/2021		1,342		–
	2,081	4488249, 3.61%, 2/23/2023(g)	8/26/2021		2,080		–
	8,064	4493152, 2.98%, 2/25/2023(g)	8/30/2021		8,060		–
	250	4494238, 3.01%, 2/26/2023(g)	8/31/2021		249		–
	1,567	4496523, 3.01%, 2/26/2023(g)	8/31/2021		1,567		–
	3,741	4498324, 2.99%, 2/27/2023(g)	9/1/2021		3,740		–
	3,421	4498621, 3.62%, 2/27/2023(g)	9/1/2021		3,420		–
	23,331	4499370, 4.38%, 2/28/2023(g)	9/2/2021		23,311		–
	620	4503448, 2.66%, 2/28/2023(g)	9/3/2021		619		–
	2,099	4509339, 4.41%, 3/2/2023(g)	9/8/2021		2,098		–
	8,129	4510260, 4.10%, 3/2/2023(g)	9/8/2021		8,125		1

See Notes to Financial Statements.

20 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	4,611	4513427, 4.10%, 3/4/2023(g)	9/10/2021		4,603	$	–
	3,528	4514525, 2.68%, 3/6/2023(g)	9/10/2021		3,527		–
	11,547	4514759, 4.08%, 3/6/2023(g)	9/10/2021		11,537		–
	735	4514891, 2.68%, 3/6/2023(g)	9/10/2021		735		–
	289	4515783, 2.68%, 3/7/2023(g)	9/10/2021		288		–
	7,382	4520357, 4.39%, 3/8/2023(g)	9/13/2021		7,376		–
	7,835	4520825, 4.39%, 3/8/2023(g)	9/13/2021		7,830		–
	2,626	4521045, 2.67%, 3/8/2023(g)	9/13/2021		2,623		–
	848	4523374, 4.57%, 3/9/2023(g)	9/14/2021		848		–
	5,375	4525465, 2.68%, 3/10/2023(g)	9/15/2021		5,369		1
	1,977	4527840, 2.68%, 3/12/2023(g)	9/16/2021		1,974		–
	4,448	4530058, 4.54%, 3/13/2023(g)	9/16/2021		4,446		–
	505	4530332, 2.67%, 3/13/2023(g)	9/16/2021		502		–
	1,671	4531221, 4.38%, 3/14/2023(g)	9/17/2021		1,664		–
	1,119	4533931, 2.67%, 3/15/2023(g)	9/20/2021		1,116		–
	649	4535109, 4.39%, 3/15/2023(g)	9/20/2021		647		–
	560	4535163, 3.28%, 3/15/2023(g)	9/20/2021		560		–
	2,439	4548373, 4.38%, 3/21/2023(g)	9/24/2021		2,438		–
	4,821	4548520, 4.38%, 3/21/2023(g)	9/24/2021		4,820		–
	337	4548886, 4.57%, 3/21/2023(g)	9/24/2021		336		–
	176	4556284, 2.68%, 3/23/2023(g)	9/28/2021		175		–
	146	4558181, 3.93%, 3/23/2023(g)	9/28/2021		146		–
	6,947	4558733, 2.68%, 3/24/2023(g)	9/29/2021		6,943		–
	1,971	4560277, 3.31%, 3/24/2023(g)	9/29/2021		1,970		–
	4,599	4561893, 4.40%, 3/25/2023(g)	9/30/2021		4,597		–
	9,772	4563042, 4.54%, 3/27/2023(g)	9/30/2021		9,752		1
	3,334	4563645, 4.84%, 3/27/2023(g)	9/30/2021		3,332		–
	489	4570289, 5.00%, 3/29/2023(g)	10/4/2021		489		–
	722	4571736, 4.68%, 3/29/2023(g)	10/4/2021		721		–
	1,510	4571752, 4.52%, 3/29/2023(g)	10/4/2021		1,510		–
	1,419	4574138, 4.71%, 3/30/2023(g)	10/5/2021		1,418		–
	5,249	4575114, 4.40%, 3/30/2023(g)	10/5/2021		5,246		–
	723	4577258, 4.55%, 3/30/2023(g)	10/5/2021		722		–
	4,978	4577522, 3.78%, 3/30/2023(g)	10/5/2021		4,976		–
	49,887	4577591, 4.56%, 3/30/2023(g)	10/5/2021		49,874		1
	2,659	4579026, 3.93%, 4/1/2023(g)	10/6/2021		2,658		–
	6,273	4580108, 4.55%, 4/1/2023(g)	10/6/2021		6,271		–
	492	4580393, 4.57%, 4/1/2023(g)	10/6/2021		492		–
	4,635	4582109, 4.54%, 4/3/2023(g)	10/7/2021		4,631		–
	636	4582257, 3.31%, 4/3/2023(g)	10/7/2021		635		–
	5,277	4582513, 3.92%, 4/4/2023(g)	10/7/2021		5,275		–
	4,759	4582667, 4.53%, 4/4/2023(g)	10/7/2021		4,750		1
	2,544	4583865, 3.30%, 4/4/2023(g)	10/7/2021		2,541		–
	3,304	4586870, 4.53%, 4/5/2023(g)	10/8/2021		3,297		–
	2,835	4589130, 4.54%, 4/5/2023(g)	10/8/2021		2,833		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 21

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,025	4590398, 4.68%, 4/5/2023(g)	10/8/2021		2,024	$	–
	2,390	4592676, 3.91%, 4/6/2023(g)	10/12/2021		2,379		–
	11,645	4598929, 3.93%, 4/7/2023(g)	10/13/2021		11,637		–
	1,429	4600405, 4.55%, 4/7/2023(g)	10/13/2021		1,428		–
	1,489	4600483, 4.86%, 4/7/2023(g)	10/13/2021		1,489		–
	2,485	4600490, 4.40%, 4/7/2023(g)	10/13/2021		2,483		–
	4,150	4600858, 3.31%, 4/7/2023(g)	10/13/2021		4,147		–
	2,458	4601150, 5.02%, 4/7/2023(g)	10/13/2021		2,457		–
	3,824	4602094, 3.31%, 4/8/2023(g)	10/14/2021		3,822		–
	1,150	4603301, 3.78%, 4/8/2023(g)	10/14/2021		1,149		–
	3,502	4603334, 4.87%, 4/8/2023(g)	10/14/2021		3,499		–
	6,525	4603407, 3.93%, 4/8/2023(g)	10/14/2021		6,521		–
	1,460	4604506, 4.57%, 4/9/2023(g)	10/15/2021		1,459		–
	10,475	4605204, 4.70%, 4/10/2023(g)	10/15/2021		10,468		–
	353	4606327, 3.93%, 4/11/2023(g)	10/15/2021		351		–
	1,588	4606345, 4.54%, 4/11/2023(g)	10/15/2021		1,586		–
	2,315	4606540, 4.54%, 4/11/2023(g)	10/15/2021		2,313		–
	19,985	4608741, 4.53%, 4/12/2023(g)	10/15/2021		19,973		–
	3,206	4609576, 4.53%, 4/12/2023(g)	10/15/2021		3,203		–
	4,943	4613120, 4.53%, 4/13/2023(g)	10/18/2021		4,939		–
	8,411	4618601, 4.39%, 4/14/2023(g)	10/19/2021		8,407		1
	7,828	4621411, 4.55%, 4/15/2023(g)	10/20/2021		7,823		–
	1,263	4624115, 4.56%, 4/16/2023(g)	10/21/2021		1,262		–
	4,240	4624323, 3.77%, 4/16/2023(g)	10/21/2021		4,239		–
	122	4627413, 3.31%, 4/18/2023(g)	10/21/2021		121		–
	4,086	4627739, 3.29%, 4/18/2023(g)	10/21/2021		4,083		–
	8,974	4629123, 4.68%, 4/19/2023(g)	10/22/2021		8,970		–
	2,798	4631746, 4.53%, 4/20/2023(g)	10/25/2021		2,789		–
	12,436	4632759, 4.84%, 4/20/2023(g)	10/25/2021		12,426		–
	1,436	4637920, 3.94%, 4/22/2023(g)	10/27/2021		1,434		–
	5,369	4638628, 3.30%, 4/22/2023(g)	10/27/2021		5,363		–
	5,499	4638639, 4.55%, 4/22/2023(g)	10/27/2021		5,496		–
	71,042	4638986, 4.55%, 4/22/2023(g)	10/27/2021		71,008		2
	2,093	4640421, 4.53%, 4/24/2023(g)	10/28/2021		2,092		–
	72	4640484, 4.56%, 4/24/2023(g)	10/28/2021		71		–
	8,551	4641504, 3.76%, 4/25/2023(g)	10/28/2021		8,540		2
	7,671	4643125, 4.53%, 4/25/2023(g)	10/28/2021		7,667		–
	578	4645142, 3.29%, 4/26/2023(g)	10/29/2021		575		–
	1,198	4645678, 4.69%, 4/26/2023(g)	10/29/2021		1,196		–
	5,806	4645763, 4.53%, 4/26/2023(g)	10/29/2021		5,804		1
	769	4645881, 3.92%, 4/26/2023(g)	10/29/2021		768		–
	445	4646207, 4.53%, 4/26/2023(g)	10/29/2021		443		–
	167	4647783, 4.69%, 4/27/2023(g)	11/1/2021		163		–
	5,046	4651108, 4.70%, 4/28/2023(g)	11/2/2021		5,045		–
	3,219	4651650, 4.86%, 4/28/2023(g)	11/2/2021		3,217		–

See Notes to Financial Statements.

22 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	5,809	4655254, 4.55%, 4/29/2023(g)	11/3/2021		5,806	$	–
	1,022	4656972, 5.01%, 4/30/2023(g)	11/4/2021		1,021		–
	1,110	4657082, 4.55%, 4/30/2023(g)	11/4/2021		1,109		–
	16,540	4657253, 4.55%, 4/30/2023(g)	11/4/2021		16,518		–
	1,172	4657969, 4.54%, 4/30/2023(g)	11/4/2021		1,159		–
	1,708	4658718, 3.76%, 5/1/2023(g)	11/4/2021		1,706		–
	30,600	4660373, 3.76%, 5/1/2023(g)	11/4/2021		30,590		–
	2,246	4665782, 4.86%, 5/3/2023(g)	11/8/2021		2,244		–
	19,263	4665787, 4.54%, 5/3/2023(g)	11/8/2021		19,202		–
	1,843	4670081, 3.31%, 5/4/2023(g)	11/9/2021		1,842		–
	2,949	4670521, 3.94%, 5/4/2023(g)	11/9/2021		2,949		–
	11,278	4673004, 4.56%, 5/5/2023(g)	11/10/2021		11,255		–
	337	4677880, 3.99%, 5/6/2023(g)	11/12/2021		337		–
	8,844	4678789, 4.70%, 5/7/2023(g)	11/12/2021		8,839		–
	2,489	4684414, 4.55%, 5/8/2023(g)	11/12/2021		2,489		–
	7,397	4691428, 4.70%, 5/9/2023(g)	11/15/2021		7,366		–
	1,051	4703919, 3.35%, 5/10/2023(g)	11/16/2021		1,051		–
	368	4709968, 3.96%, 5/12/2023(g)	11/17/2021		367		–
	2,260	4714103, 4.56%, 5/13/2023(g)	11/18/2021		2,254		–
	4,687	4717810, 4.85%, 5/15/2023(g)	11/18/2021		4,684		–
	1,326	4720645, 4.54%, 5/16/2023(g)	11/19/2021		1,324		–
	388	4729466, 4.69%, 5/17/2023(g)	11/22/2021		386		–
	235	4729530, 3.27%, 5/17/2023(g)	11/22/2021		235		–
	1,277	4740894, 4.56%, 5/18/2023(g)	11/23/2021		1,275		–
	3,128	4742503, 4.56%, 5/18/2023(g)	11/23/2021		3,126		–
	3,964	4745371, 5.02%, 5/19/2023(g)	11/24/2021		3,962		–
	4,327	4747222, 5.02%, 5/19/2023(g)	11/24/2021		4,322		–
	913	4751115, 4.39%, 5/21/2023(g)	11/26/2021		913		–
	3,640	4752752, 4.85%, 5/22/2023(g)	11/26/2021		3,634		–
	426	4756377, 4.57%, 5/22/2023(g)	11/26/2021		425		–
	21,361	4756711, 4.38%, 5/22/2023(g)	11/26/2021		21,347		–
	791	4764203, 4.57%, 5/23/2023(g)	11/29/2021		790		–
	538	4766090, 5.01%, 5/23/2023(g)	11/29/2021		529		–
	8,135	4774521, 4.88%, 5/24/2023(g)	11/30/2021		8,130		–
	8,346	4779561, 4.57%, 5/25/2023(g)	12/1/2021		8,342		–
	2,324	4779681, 3.32%, 5/25/2023(g)	12/1/2021		2,322		–
	1,731	4784804, 3.31%, 5/26/2023(g)	12/1/2021		1,731		–
	169	4785042, 4.87%, 5/26/2023(g)	12/1/2021		169		–
	2,768	4788828, 4.53%, 5/29/2023(g)	12/2/2021		2,767		–
	3,968	4791481, 4.38%, 5/29/2023(g)	12/2/2021		3,965		–
	800	4792097, 5.00%, 5/29/2023(g)	12/2/2021		799		–
	1,382	4794399, 4.84%, 5/30/2023(g)	12/3/2021		1,382		–
	1,057	4796597, 4.54%, 6/1/2023(g)	12/6/2021		1,054		–
	1,163	4800487, 4.38%, 6/1/2023(g)	12/6/2021		1,157		–
	275	4800558, 3.29%, 6/1/2023(g)	12/6/2021		271		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 23

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,729	4805367, 3.92%, 6/2/2023(g)	12/7/2021		1,727	$	–
	1,637	4805946, 4.39%, 6/2/2023(g)	12/7/2021		1,630		–
	342	4808680, 4.52%, 6/2/2023(g)	12/7/2021		341		–
	6,452	4808842, 3.77%, 6/2/2023(g)	12/7/2021		6,449		–
	448	4809017, 5.01%, 6/2/2023(g)	12/7/2021		447		–
	30,623	4809027, 4.55%, 6/2/2023(g)	12/7/2021		30,610		1
	2,226	4809604, 4.55%, 6/2/2023(g)	12/7/2021		2,223		–
	1,925	4811819, 3.77%, 6/3/2023(g)	12/8/2021		1,917		–
	3,669	4812138, 4.55%, 6/3/2023(g)	12/8/2021		3,667		–
	13,172	4813607, 4.55%, 6/3/2023(g)	12/8/2021		13,166		–
	1,293	4813753, 5.01%, 6/3/2023(g)	12/8/2021		1,292		–
	2,288	4814724, 4.55%, 6/4/2023(g)	12/9/2021		2,286		–
	3,088	4814756, 4.39%, 6/4/2023(g)	12/9/2021		3,087		–
	2,377	4819127, 3.92%, 6/7/2023(g)	12/10/2021		2,373		–
	45,238	4819362, 4.53%, 6/7/2023(g)	12/10/2021		45,183		–
	10,389	4819732, 4.38%, 6/7/2023(g)	12/10/2021		10,373		3
	2,964	4821328, 4.53%, 6/7/2023(g)	12/10/2021		2,962		–
	515	4821692, 4.38%, 6/8/2023(g)	12/13/2021		510		–
	4,375	4831075, 4.55%, 6/10/2023(g)	12/15/2021		4,373		–
	1,026	4831268, 4.54%, 6/10/2023(g)	12/15/2021		1,025		–
	1,470	4832073, 4.85%, 6/10/2023(g)	12/15/2021		1,469		–
	592	4837114, 3.93%, 6/13/2023(g)	12/16/2021		592		–
	14,458	4841801, 4.38%, 6/15/2023(g)	12/20/2021		14,390		2
	939	4842222, 5.68%, 6/15/2023(g)	12/20/2021		931		–
	1,354	4848472, 4.71%, 6/16/2023(g)	12/21/2021		1,351		–
	1,569	4849668, 3.31%, 6/16/2023(g)	12/21/2021		1,568		–
	342	4858145, 3.30%, 6/17/2023(g)	12/22/2021		341		–
	14,861	4863386, 3.76%, 6/19/2023(g)	12/23/2021		14,849		–
	1,955	4864111, 3.92%, 6/20/2023(g)	12/23/2021		1,954		–
	12,129	4865990, 3.58%, 6/20/2023(g)	12/23/2021		12,114		1
	2,267	4866050, 4.27%, 6/20/2023(g)	12/23/2021		2,265		–
	3,473	4866090, 4.36%, 6/20/2023(g)	12/23/2021		3,471		–
	5,037	4866220, 4.53%, 6/20/2023(g)	12/23/2021		5,034		–
	973	4866863, 3.29%, 6/20/2023(g)	12/23/2021		972		–
	9,012	4868529, 4.68%, 6/21/2023(g)	12/27/2021		8,984		1
	695	4869572, 3.91%, 6/21/2023(g)	12/27/2021		693		–
	7,344	4869853, 3.76%, 6/21/2023(g)	12/27/2021		7,330		–
	9,690	4873360, 6.15%, 6/22/2023(g)	12/28/2021		9,686		–
	7,001	4873385, 4.40%, 6/22/2023(g)	12/28/2021		6,997		–
	1,785	4873476, 4.56%, 6/22/2023(g)	12/28/2021		1,783		–
	23,120	4874520, 4.56%, 6/23/2023(g)	12/29/2021		23,111		–
	174	4876231, 4.40%, 6/23/2023(g)	12/29/2021		173		–
	1,632	4876789, 4.87%, 6/24/2023(g)	12/30/2021		1,630		–
	286	4876796, 2.47%, 6/24/2023(g)	12/30/2021		286		–
	1,085	4877408, 4.68%, 6/25/2023(g)	12/30/2021		1,085		–

See Notes to Financial Statements.

24 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	779	4877517, 4.55%, 6/25/2023(g)	12/30/2021		776	$	–
	1,628	4878135, 4.51%, 6/27/2023(g)	12/30/2021		1,628		–
	26,326	4879255, 2.97%, 6/27/2023(g)	12/30/2021		26,316		–
	54,207	4879630, 3.76%, 6/27/2023(g)	12/30/2021		54,193		–
	3,506	4884896, 4.56%, 6/29/2023(g)	1/4/2022		3,505		–
	12,295	4886427, 4.56%, 6/29/2023(g)	1/4/2022		12,291		–
	2,234	4888708, 3.93%, 6/30/2023(g)	1/5/2022		2,230		–
	364	4889115, 3.28%, 6/30/2023(g)	1/6/2022		364		–
	1,546	4890968, 4.38%, 7/3/2023(g)	1/6/2022		1,545		–
	7,431	4892396, 3.59%, 7/4/2023(g)	1/7/2022		7,429		–
	4,462	4899404, 4.71%, 7/6/2023(g)	1/11/2022		4,460		–
	1,192	4903279, 3.32%, 7/8/2023(g)	1/13/2022		1,191		–
	20,585	4903528, 3.93%, 7/9/2023(g)	1/13/2022		20,572		1
	12,338	4905029, 4.54%, 7/10/2023(g)	1/13/2022		12,320		–
	5,330	4905699, 4.54%, 7/10/2023(g)	1/13/2022		5,326		–
	2,902	4906990, 4.54%, 7/11/2023(g)	1/14/2022		2,900		–
	2,303	4914247, 4.72%, 7/13/2023(g)	1/19/2022		2,299		–
	2,919	4914326, 3.32%, 7/13/2023(g)	1/19/2022		2,907		–
	1,435	4916878, 4.88%, 7/14/2023(g)	1/20/2022		1,434		–
	5,182	4923444, 3.32%, 7/15/2023(g)	1/21/2022		5,181		–
	7,043	4923867, 4.56%, 7/16/2023(g)	1/21/2022		7,040		–
	613	4924667, 4.57%, 7/17/2023(g)	1/21/2022		612		–
	11,293	4924870, 4.54%, 7/18/2023(g)	1/21/2022		11,285		–
	11,391	4927834, 4.54%, 7/19/2023(g)	1/24/2022		11,365		1
	4,851	4928752, 4.69%, 7/19/2023(g)	1/24/2022		4,822		–
	671	4928805, 4.85%, 7/19/2023(g)	1/24/2022		670		–
	11,083	4930374, 4.40%, 7/20/2023(g)	1/25/2022		11,077		–
	2,017	4931538, 4.56%, 7/20/2023(g)	1/25/2022		2,015		–
	5,862	4932542, 3.21%, 7/20/2023(g)	1/25/2022		5,860		–
	2,832	4932903, 5.68%, 7/21/2023(g)	1/26/2022		2,831		–
	25,679	4935454, 4.71%, 7/22/2023(g)	1/27/2022		25,669		–
	1,482	4935606, 4.87%, 7/23/2023(g)	1/27/2022		1,481		–
	1,841	4935724, 3.46%, 7/23/2023(g)	1/27/2022		1,837		–
	446	4937082, 3.28%, 7/24/2023(g)	1/27/2022		445		–
	745	4937193, 2.78%, 7/24/2023(g)	1/27/2022		745		–
	15,783	4939337, 4.38%, 7/25/2023(g)	1/28/2022		15,777		1
	2,743	4940064, 4.54%, 7/25/2023(g)	1/28/2022		2,742		–
	802	4941301, 4.54%, 7/25/2023(g)	1/28/2022		800		–
	14,784	4942755, 4.21%, 7/26/2023(g)	1/31/2022		14,765		–
	5,605	4943198, 5.00%, 7/26/2023(g)	1/31/2022		5,590		–
	2,487	4943538, 2.33%, 7/26/2023(g)	1/31/2022		2,482		–
	788	4946203, 3.94%, 7/27/2023(g)	2/1/2022		787		–
	2,422	4947374, 4.56%, 7/27/2023(g)	2/1/2022		2,421		–
	4,682	4947448, 5.54%, 7/27/2023(g)	2/1/2022		4,678		–
	4,135	4963528, 4.75%, 7/31/2023(g)	2/3/2022		4,133		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 25

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	943	4964875, 5.00%, 8/1/2023(g)	2/4/2022		943	$	–
	963	4965411, 4.84%, 8/1/2023(g)	2/4/2022		962		–
	3,688	4965692, 5.59%, 8/1/2023(g)	2/4/2022		3,686		–
	4,009	4965888, 3.56%, 8/1/2023(g)	2/4/2022		4,007		–
	1,361	4972999, 5.00%, 8/4/2023(g)	2/9/2022		1,360		–
	4,634	4973481, 4.55%, 8/4/2023(g)	2/9/2022		4,633		–
	1,115	4974072, 4.55%, 8/4/2023(g)	2/9/2022		1,115		–
	18,676	4980442, 4.54%, 8/8/2023(g)	2/11/2022		18,649		–
	807	4980877, 3.93%, 8/8/2023(g)	2/11/2022		806		–
	1,087	4981825, 3.31%, 8/9/2023(g)	2/14/2022		1,082		–
	466	4981951, 3.64%, 8/9/2023(g)	2/14/2022		466		–
	2,037	4987887, 3.31%, 8/11/2023(g)	2/16/2022		2,035		–
	7,067	4989563, 4.71%, 8/11/2023(g)	2/16/2022		7,063		–
	669	4990332, 4.57%, 8/12/2023(g)	2/17/2022		669		–
	993	4990429, 3.78%, 8/12/2023(g)	2/17/2022		993		–
	1,066	4991870, 4.69%, 8/14/2023(g)	2/17/2022		1,059		–
	3,373	4992366, 4.80%, 8/14/2023(g)	2/17/2022		3,359		–
	6,912	4993119, 4.82%, 8/14/2023(g)	2/17/2022		6,901		–
	852	4993578, 4.70%, 8/14/2023(g)	2/17/2022		851		–
	30,412	4994432, 4.85%, 8/14/2023(g)	2/17/2022		30,389		1
	1,315	4994965, 3.31%, 8/15/2023(g)	2/18/2022		1,314		–
	1,593	5005690, 4.54%, 8/16/2023(g)	2/22/2022		1,570		1
	32,611	5015903, 3.11%, 8/17/2023(g)	2/23/2022		32,599		–
	24,875	5023433, 3.41%, 8/18/2023(g)	2/24/2022		24,865		–
	493	5025818, 4.02%, 8/19/2023(g)	2/25/2022		492		–
	233	5027526, 2.77%, 8/21/2023(g)	2/25/2022		233		–
	1,937	5030781, 3.92%, 8/22/2023(g)	2/25/2022		1,936		–
	22,889	5035392, 4.38%, 8/23/2023(g)	2/28/2022		22,858		1
	8,511	5035710, 3.10%, 8/23/2023(g)	2/28/2022		8,508		–
	3,323	5038579, 6.10%, 8/24/2023(g)	3/1/2022		3,319		–
	5,436	5038717, 4.56%, 8/24/2023(g)	3/1/2022		5,434		–
	1,370	5039033, 4.87%, 8/24/2023(g)	3/1/2022		1,369		–
	2,727	5040067, 3.31%, 8/24/2023(g)	3/1/2022		2,725		–
	15,822	5040081, 4.56%, 8/24/2023(g)	3/1/2022		15,813		1
	2,643	5042214, 5.20%, 8/25/2023(g)	3/2/2022		2,641		–
	8,128	5043126, 3.43%, 8/25/2023(g)	3/2/2022		8,125		–
	475	5043972, 3.43%, 8/26/2023(g)	3/3/2022		474		–
	5,895	5048352, 3.28%, 9/1/2023(g)	3/4/2022		5,893		–
	805	5050029, 3.97%, 9/1/2023(g)	3/4/2022		804		–
	1,207	5051232, 4.48%, 9/2/2023(g)	3/7/2022		1,207		–
	182	5051458, 4.97%, 9/2/2023(g)	3/7/2022		181		–
	3,193	5053712, 4.51%, 9/2/2023(g)	3/7/2022		3,184		–
	1,637	5060161, 3.29%, 9/4/2023(g)	3/9/2022		1,636		–
	199	5060246, 3.96%, 9/4/2023(g)	3/9/2022		199		–
	7,779	5061941, 4.53%, 9/5/2023(g)	3/10/2022		7,776		–

See Notes to Financial Statements.

26 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,630	5062539, 4.37%, 9/6/2023(g)	3/10/2022		1,627	$	–
	6,060	5065867, 4.30%, 9/7/2023(g)	3/10/2022		6,057		–
	4,055	5066816, 4.51%, 9/8/2023(g)	3/11/2022		4,051		–
	10,839	5068819, 4.36%, 9/9/2023(g)	3/14/2022		10,830		1
	379	5070539, 4.10%, 9/9/2023(g)	3/14/2022		377		–
	738	5073170, 4.99%, 9/10/2023(g)	3/15/2022		738		–
	2,136	5075361, 3.76%, 9/10/2023(g)	3/15/2022		2,135		–
	87	5075522, 4.53%, 9/10/2023(g)	3/15/2022		86		–
	708	5075543, 3.99%, 9/10/2023(g)	3/15/2022		707		–
	45,348	5075557, 4.38%, 9/10/2023(g)	3/15/2022		45,327		4
	9,647	5077258, 4.53%, 9/11/2023(g)	3/16/2022		9,643		–
	3,939	5078899, 4.52%, 9/13/2023(g)	3/17/2022		3,936		–
	1,278	5083784, 4.52%, 9/15/2023(g)	3/18/2022		1,277		–
	138	5091306, 4.38%, 9/18/2023(g)	3/23/2022		135		(37	)
	2,171	5092643, 4.38%, 9/18/2023(g)	3/23/2022		2,170		–
	618	5093320, 5.93%, 9/18/2023(g)	3/23/2022		617		–
	6,418	5093714, 4.53%, 9/18/2023(g)	3/23/2022		6,415		–
	1,661	5093848, 4.54%, 9/19/2023(g)	3/24/2022		1,661		–
	3,377	5094164, 4.99%, 9/19/2023(g)	3/24/2022		3,372		–
	6,042	5094488, 4.98%, 9/20/2023(g)	3/24/2022		6,018		–
	6,551	5095493, 4.51%, 9/21/2023(g)	3/24/2022		6,549		–
	4,070	5096477, 3.74%, 9/21/2023(g)	3/24/2022		4,069		–
	2,772	5099731, 3.27%, 9/22/2023(g)	3/25/2022		2,770		–
	8,861	5101587, 4.52%, 9/23/2023(g)	3/28/2022		8,857		–
	6,304	5111315, 3.75%, 9/27/2023(g)	3/31/2022		6,301		–
	604	5112364, 5.04%, 9/28/2023(g)	3/31/2022		603		–
	332	5114784, 4.51%, 9/29/2023(g)	4/1/2022		327		(55	)
	3,708	5115931, 5.01%, 9/29/2023(g)	4/1/2022		3,706		–
	13,736	5117050, 4.67%, 9/29/2023(g)	4/1/2022		13,716		(24	)
	2,179	5118049, 3.72%, 9/30/2023(g)	4/4/2022		2,176		–
	8,817	5119179, 4.67%, 9/30/2023(g)	4/4/2022		8,774		1
	6,017	5119307, 4.51%, 9/30/2023(g)	4/4/2022		6,009		–
	2,357	5122576, 3.10%, 9/30/2023(g)	4/5/2022		2,356		–
	22,650	5124854, 4.54%, 10/1/2023(g)	4/6/2022		22,639		–
	385	5125274, 4.86%, 10/1/2023(g)	4/6/2022		385		–
	2,043	5126356, 4.52%, 10/1/2023(g)	4/6/2022		2,042		–
	2,364	5127014, 4.80%, 10/1/2023(g)	4/6/2022		2,360		–
	629	5129718, 3.30%, 10/4/2023(g)	4/7/2022		623		–
	30,391	5135356, 4.83%, 10/5/2023(g)	4/8/2022		30,381		–
	4,814	5135561, 4.83%, 10/5/2023(g)	4/8/2022		4,811		–
	19,090	5135639, 4.68%, 10/5/2023(g)	4/8/2022		19,061		2
	3,258	5136635, 2.25%, 10/6/2023(g)	4/11/2022		3,256		–
	897	5136870, 4.69%, 10/6/2023(g)	4/11/2022		894		–
	3,941	5138027, 4.52%, 10/6/2023(g)	4/11/2022		3,922		–
	1,488	5139529, 4.37%, 10/6/2023(g)	4/11/2022		1,487		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 27

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	793	5142376, 5.00%, 10/7/2023(g)	4/12/2022		792	$	–
	4,897	5143176, 4.38%, 10/7/2023(g)	4/12/2022		4,893		–
	6,249	5143604, 3.86%, 10/7/2023(g)	4/12/2022		6,248		–
	319	5144361, 5.96%, 10/7/2023(g)	4/12/2022		319		–
	5,657	5144531, 4.54%, 10/7/2023(g)	4/12/2022		5,653		–
	1,351	5147988, 4.54%, 10/8/2023(g)	4/13/2022		1,349		–
	1,729	5149338, 5.40%, 10/10/2023(g)	4/14/2022		1,729		–
	1,369	5149346, 3.30%, 10/10/2023(g)	4/14/2022		1,368		–
	3,187	5153545, 3.27%, 10/12/2023(g)	4/15/2022		3,181		–
	3,902	5154183, 4.37%, 10/12/2023(g)	4/15/2022		3,901		–
	3,044	5154378, 4.83%, 10/12/2023(g)	4/15/2022		3,040		–
	1,604	5156604, 4.52%, 10/12/2023(g)	4/15/2022		1,604		–
	2,069	5164469, 4.54%, 10/14/2023(g)	4/19/2022		2,068		–
	331	5168575, 4.53%, 10/15/2023(g)	4/20/2022		330		–
	2,168	5172192, 5.00%, 10/16/2023(g)	4/21/2022		2,167		–
	538	5172204, 4.54%, 10/16/2023(g)	4/21/2022		537		–
	322	5175835, 3.27%, 10/18/2023(g)	4/21/2022		322		–
	316	5177727, 2.99%, 10/18/2023(g)	4/21/2022		315		–
	2,851	5178448, 3.28%, 10/18/2023(g)	4/21/2022		2,850		–
	4,313	5179083, 4.68%, 10/18/2023(g)	4/21/2022		4,311		–
	458	5180253, 4.37%, 10/19/2023(g)	4/22/2022		457		–
	1,447	5187744, 4.83%, 10/20/2023(g)	4/25/2022		1,446		–
	4,827	5189000, 4.37%, 10/20/2023(g)	4/25/2022		4,819		–
	2,570	5190525, 4.83%, 10/20/2023(g)	4/25/2022		2,566		–
	445	5198160, 3.32%, 10/21/2023(g)	4/26/2022		445		–
	590	5209762, 5.00%, 10/23/2023(g)	4/28/2022		588		–
	9,228	5210763, 4.38%, 10/24/2023(g)	4/28/2022		9,226		–
	1,021	5210902, 3.31%, 10/24/2023(g)	4/28/2022		1,020		–
	413	5210944, 4.54%, 10/24/2023(g)	4/28/2022		412		–
	401	5213898, 4.52%, 10/25/2023(g)	4/28/2022		400		–
	8,355	5216280, 4.37%, 10/26/2023(g)	4/29/2022		8,338		2
	4,582	5217923, 4.52%, 10/26/2023(g)	4/29/2022		4,575		–
	841	5230473, 5.00%, 10/28/2023(g)	5/3/2022		840		–
	2,720	5234184, 3.36%, 10/28/2023(g)	5/3/2022		2,719		–
	2,209	5237290, 3.92%, 10/29/2023(g)	5/4/2022		2,207		–
	8,611	5239379, 4.54%, 10/29/2023(g)	5/4/2022		8,607		–
	4,367	5242712, 4.67%, 11/2/2023(g)	5/5/2022		4,356		–
	1,989	5243522, 4.52%, 11/2/2023(g)	5/5/2022		1,985		–
	2,364	5246445, 4.67%, 11/2/2023(g)	5/5/2022		2,362		–
	5,553	5266318, 4.84%, 11/5/2023(g)	5/10/2022		5,550		–
	3,914	5266906, 4.38%, 11/5/2023(g)	5/10/2022		3,912		–
	34,346	5266955, 4.53%, 11/5/2023(g)	5/10/2022		34,332		1
	345	5267820, 3.90%, 11/6/2023(g)	5/11/2022		345		–
	1,925	5272268, 4.52%, 11/6/2023(g)	5/11/2022		1,924		–
	880	5272702, 4.68%, 11/7/2023(g)	5/12/2022		879		–

See Notes to Financial Statements.

28 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	4,594	5272740, 4.38%, 11/7/2023(g)	5/12/2022		4,587	$	–
	1,064	5272982, 4.70%, 11/7/2023(g)	5/12/2022		1,064		–
	131	5272997, 2.98%, 11/7/2023(g)	5/12/2022		125		–
	9,924	5273207, 3.76%, 11/7/2023(g)	5/12/2022		9,914		–
	635	5273883, 3.48%, 11/8/2023(g)	5/12/2022		633		–
	1,046	5273902, 4.53%, 11/8/2023(g)	5/12/2022		1,045		–
	369	5273921, 4.51%, 11/8/2023(g)	5/12/2022		368		–
	6,672	5274829, 4.80%, 11/9/2023(g)	5/12/2022		6,636		–
	3,479	5277220, 4.19%, 11/9/2023(g)	5/12/2022		3,477		–
	1,249	5277442, 5.09%, 11/9/2023(g)	5/12/2022		1,248		–
	1,220	5279817, 3.76%, 11/10/2023(g)	5/13/2022		1,216		–
	406	5280774, 3.14%, 11/10/2023(g)	5/13/2022		405		–
	924	5287472, 4.53%, 11/12/2023(g)	5/17/2022		923		–
	14,416	5288869, 4.53%, 11/12/2023(g)	5/17/2022		14,409		1
	10,350	5290401, 4.84%, 11/13/2023(g)	5/18/2022		10,346		–
	5,944	5290727, 4.51%, 11/13/2023(g)	5/18/2022		5,942		–
	26,090	5291456, 4.53%, 11/13/2023(g)	5/18/2022		26,078		–
	1,588	5293904, 4.58%, 11/14/2023(g)	5/19/2022		1,587		–
	1,908	5293931, 5.16%, 11/14/2023(g)	5/19/2022		1,905		–
	8,176	5294058, 4.17%, 11/14/2023(g)	5/19/2022		8,170		–
	176	5294125, 5.18%, 11/14/2023(g)	5/19/2022		175		–
	1,224	5294350, 4.52%, 11/15/2023(g)	5/19/2022		1,223		–
	7,886	5295470, 5.35%, 11/16/2023(g)	5/19/2022		7,882		–
	4,739	5297750, 4.17%, 11/16/2023(g)	5/19/2022		4,736		–
	1,748	5300076, 4.82%, 11/17/2023(g)	5/20/2022		1,747		–
	1,048	5302568, 4.11%, 11/17/2023(g)	5/20/2022		1,048		–
	5,322	5316916, 4.69%, 11/19/2023(g)	5/24/2022		5,318		–
	1,675	5317420, 5.02%, 11/19/2023(g)	5/24/2022		1,675		–
	604	5317452, 5.32%, 11/19/2023(g)	5/24/2022		604		–
	49,161	5319281, 4.81%, 11/19/2023(g)	5/24/2022		49,142		–
	2,421	5321858, 4.99%, 11/20/2023(g)	5/25/2022		2,419		–
	8,082	5323747, 2.19%, 11/20/2023(g)	5/25/2022		8,081		–
	2,013	5324636, 3.85%, 11/21/2023(g)	5/26/2022		2,012		–
	18,973	5324641, 5.27%, 11/21/2023(g)	5/26/2022		18,967		–
	9,236	5325051, 4.68%, 11/22/2023(g)	5/26/2022		9,230		–
	1,620	5325054, 4.00%, 11/22/2023(g)	5/26/2022		1,618		–
	2,008	5325278, 4.52%, 11/22/2023(g)	5/26/2022		1,979		–
	771	5325317, 3.75%, 11/22/2023(g)	5/26/2022		771		–
	5,012	5326335, 2.86%, 11/23/2023(g)	5/26/2022		5,008		–
	3,954	5327429, 4.51%, 11/23/2023(g)	5/26/2022		3,948		1
	4,113	5328570, 4.51%, 11/23/2023(g)	5/26/2022		4,111		–
	7,257	5329294, 4.97%, 11/23/2023(g)	5/26/2022		7,253		–
	3,813	5329421, 4.67%, 11/23/2023(g)	5/26/2022		3,812		–
	1,272	5329436, 3.26%, 11/23/2023(g)	5/26/2022		1,272		–
	1,423	5330208, 5.24%, 11/23/2023(g)	5/26/2022		1,422		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 29

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	231	5330242, 4.33%, 11/23/2023(g)	5/26/2022		231	$	–
	26,925	5330579, 4.51%, 11/24/2023(g)	5/27/2022		26,904		2
	127	5334342, 2.93%, 11/24/2023(g)	5/27/2022		127		–
	1,229	5335930, 3.60%, 11/25/2023(g)	5/31/2022		1,218		–
	6,002	5336264, 4.51%, 11/25/2023(g)	5/31/2022		5,964		1
	2,915	5338129, 2.25%, 11/25/2023(g)	5/31/2022		2,910		–
	671	5338200, 4.97%, 11/25/2023(g)	5/31/2022		667		–
	913	5338230, 4.52%, 11/25/2023(g)	5/31/2022		897		–
	2,463	5338271, 3.57%, 11/25/2023(g)	5/31/2022		2,461		–
	21,024	5360500, 4.38%, 11/26/2023(g)	6/1/2022		21,018		–
	4,233	5360961, 4.54%, 11/26/2023(g)	6/1/2022		4,226		–
	216	5361615, 3.31%, 11/26/2023(g)	6/1/2022		216		–
	435	5368749, 5.00%, 11/27/2023(g)	6/2/2022		434		–
	271	5368872, 3.41%, 11/27/2023(g)	6/2/2022		271		–
	413	5374976, 4.71%, 11/27/2023(g)	6/2/2022		413		–
	1,403	5376191, 3.30%, 11/27/2023(g)	6/2/2022		1,401		–
	2,475	5379477, 3.30%, 11/27/2023(g)	6/2/2022		2,474		–
	8,403	5382331, 4.69%, 11/29/2023(g)	6/3/2022		8,398		–
	5,125	5397713, 3.29%, 11/30/2023(g)	6/3/2022		5,123		–
	2,117	5399946, 3.28%, 11/30/2023(g)	6/3/2022		2,114		–
	333	5446548, 5.00%, 12/2/2023(g)	6/7/2022		332		–
	5,508	5448438, 3.71%, 12/2/2023(g)	6/7/2022		5,496		–
	343	5458240, 2.89%, 12/3/2023(g)	6/8/2022		341		–
	8,773	5464429, 3.49%, 12/3/2023(g)	6/8/2022		8,766		–
	202	5465467, 2.86%, 12/3/2023(g)	6/8/2022		200		–
	1,462	5466042, 5.00%, 12/3/2023(g)	6/8/2022		1,460		–
	245	5466239, 6.02%, 12/3/2023(g)	6/8/2022		244		–
	1,233	5468438, 4.54%, 12/3/2023(g)	6/8/2022		1,232		–
	36,919	5469125, 4.85%, 12/3/2023(g)	6/8/2022		36,903		–
	816	5473754, 4.55%, 12/5/2023(g)	6/9/2022		812		–
	773	5481462, 4.53%, 12/6/2023(g)	6/9/2022		773		–
	785	5501666, 4.13%, 12/7/2023(g)	6/10/2022		785		–
	636	5502015, 4.68%, 12/7/2023(g)	6/10/2022		636		–
	16,103	5502421, 3.46%, 12/7/2023(g)	6/10/2022		16,096		–
	2,550	5517785, 5.73%, 12/8/2023(g)	6/13/2022		2,532		–
	1,276	5529733, 4.53%, 12/9/2023(g)	6/14/2022		1,274		–
	12,539	5531774, 4.94%, 12/9/2023(g)	6/14/2022		12,526		–
	640	5533904, 5.11%, 12/9/2023(g)	6/14/2022		639		–
	601	5533927, 4.55%, 12/9/2023(g)	6/14/2022		601		–
	3,067	5536052, 4.55%, 12/10/2023(g)	6/15/2022		3,065		–
	451	5536095, 5.81%, 12/10/2023(g)	6/15/2022		450		–
	156	5536381, 4.42%, 12/10/2023(g)	6/15/2022		153		–
	15,830	5536520, 3.14%, 12/10/2023(g)	6/15/2022		15,822		1
	14,509	5538726, 4.63%, 12/10/2023(g)	6/15/2022		14,498		–
	6,072	5540184, 4.41%, 12/11/2023(g)	6/16/2022		6,066		–

See Notes to Financial Statements.

30 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,056	5540882, 4.42%, 12/12/2023(g)	6/16/2022		2,054	$	–
	2,305	5544958, 4.68%, 12/13/2023(g)	6/16/2022		2,302		–
	3,733	5546836, 5.63%, 12/13/2023(g)	6/16/2022		3,730		–
	1,420	5555931, 4.53%, 12/15/2023(g)	6/21/2022		1,417		–
	1,670	5556465, 4.82%, 12/15/2023(g)	6/21/2022		1,670		–
	514	5557202, 4.37%, 12/15/2023(g)	6/21/2022		513		–
	3,214	5558024, 4.52%, 12/15/2023(g)	6/21/2022		3,195		–
	18,089	5563709, 4.54%, 12/16/2023(g)	6/21/2022		18,082		1
	595	5565232, 4.54%, 12/17/2023(g)	6/22/2022		594		–
	253	5567957, 3.99%, 12/18/2023(g)	6/23/2022		253		–
	1,364	5567994, 4.41%, 12/18/2023(g)	6/23/2022		1,363		–
	3,223	5568022, 4.98%, 12/18/2023(g)	6/23/2022		3,219		–
	1,591	5569020, 4.52%, 12/19/2023(g)	6/23/2022		1,587		–
	904	5569038, 4.38%, 12/19/2023(g)	6/23/2022		903		–
	2,795	5569582, 4.06%, 12/20/2023(g)	6/23/2022		2,794		–
	1,366	5570858, 3.42%, 12/20/2023(g)	6/23/2022		1,365		–
	1,013	5572159, 4.83%, 12/20/2023(g)	6/23/2022		1,009		–
	9,878	5572356, 4.13%, 12/20/2023(g)	6/23/2022		9,872		–
	601	5572925, 4.43%, 12/21/2023(g)	6/24/2022		600		–
	2,867	5575461, 4.53%, 12/21/2023(g)	6/24/2022		2,865		–
	3,148	5576170, 3.89%, 12/22/2023(g)	6/27/2022		3,139		–
	3,130	5576401, 3.75%, 12/22/2023(g)	6/27/2022		3,130		–
	878	5576648, 4.50%, 12/22/2023(g)	6/27/2022		876		–
	63,967	5578129, 4.68%, 12/22/2023(g)	6/27/2022		63,872		–
	2,880	5578605, 4.52%, 12/22/2023(g)	6/27/2022		2,845		–
	5,337	5581145, 3.92%, 12/23/2023(g)	6/28/2022		5,334		–
	1,128	5582876, 4.53%, 12/23/2023(g)	6/28/2022		1,127		–
	6,054	5582930, 4.59%, 12/23/2023(g)	6/28/2022		6,051		–
	4,402	5585859, 3.76%, 12/24/2023(g)	6/29/2022		4,397		1
	1,304	5586357, 3.29%, 12/24/2023(g)	6/29/2022		1,303		–
	2,444	5586371, 3.49%, 12/24/2023(g)	6/29/2022		2,443		–
	1,534	5586839, 4.53%, 12/24/2023(g)	6/29/2022		1,533		–
	509	5587315, 4.83%, 12/24/2023(g)	6/29/2022		508		–
	2,815	5588022, 5.32%, 12/25/2023(g)	6/30/2022		2,814		–
	1,379	5588383, 3.44%, 12/25/2023(g)	6/30/2022		1,377		–
	1,114	5588511, 5.37%, 12/25/2023(g)	6/30/2022		1,112		–
	1,034	5588587, 3.76%, 12/25/2023(g)	6/30/2022		1,032		–
	1,506	5593503, 4.69%, 12/28/2023(g)	7/1/2022		1,505		–
	1,049	5593868, 4.53%, 12/28/2023(g)	7/1/2022		1,047		–
	12,464	5595067, 3.29%, 12/28/2023(g)	7/1/2022		12,452		–
	7,135	5597193, 4.48%, 12/29/2023(g)	7/5/2022		7,107		–
	26,017	5597841, 3.68%, 12/29/2023(g)	7/5/2022		25,996		1
	632	5599345, 4.69%, 12/29/2023(g)	7/5/2022		630		–
	21,651	5608462, 4.55%, 12/30/2023(g)	7/6/2022		21,631		1
	21,926	5609749, 4.70%, 12/30/2023(g)	7/6/2022		21,914		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 31

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	8,491	5610851, 4.52%, 12/30/2023(g)	7/6/2022		8,488	$	–
	7,197	5610982, 4.70%, 12/30/2023(g)	7/6/2022		7,188		–
	19,376	5612231, 4.55%, 12/30/2023(g)	7/6/2022		19,362		2
	20,011	5612591, 3.51%, 12/30/2023(g)	7/6/2022		20,000		1
	3,763	5613362, 4.54%, 1/1/2024(g)	7/7/2022		3,762		–
	1,162	5613778, 5.85%, 1/1/2024(g)	7/7/2022		1,162		–
	1,422	5616104, 2.32%, 1/1/2024(g)	7/7/2022		1,421		–
	5,134	5617936, 4.05%, 1/2/2024(g)	7/8/2022		5,125		–
	1,004	5618178, 4.52%, 1/2/2024(g)	7/8/2022		1,002		–
	7,133	5618221, 4.21%, 1/2/2024(g)	7/8/2022		7,126		–
	3,110	5618250, 4.38%, 1/2/2024(g)	7/8/2022		3,109		–
	2,091	5618386, 3.30%, 1/2/2024(g)	7/8/2022		2,087		–
	2,766	5618812, 4.02%, 1/3/2024(g)	7/8/2022		2,764		–
	3,854	5618850, 3.81%, 1/3/2024(g)	7/8/2022		3,853		–
	553	5619394, 4.35%, 1/4/2024(g)	7/8/2022		553		–
	1,815	5619622, 3.92%, 1/4/2024(g)	7/8/2022		1,815		–
	4,183	5619629, 2.97%, 1/4/2024(g)	7/8/2022		4,182		–
	2,380	5619675, 4.04%, 1/4/2024(g)	7/8/2022		2,379		–
	657	5620090, 4.19%, 1/4/2024(g)	7/8/2022		657		–
	653	5620092, 4.64%, 1/4/2024(g)	7/8/2022		653		–
	3,972	5622120, 4.51%, 1/5/2024(g)	7/8/2022		3,967		1
	26,603	5622306, 2.45%, 1/5/2024(g)	7/8/2022		26,594		2
	738	5622692, 4.19%, 1/5/2024(g)	7/8/2022		731		–
	175	5628718, 4.68%, 1/6/2024(g)	7/11/2022		174		–
	1,582	5629915, 4.98%, 1/6/2024(g)	7/11/2022		1,573		–
	14,701	5629926, 3.64%, 1/6/2024(g)	7/11/2022		14,622		–
	4,760	5642133, 3.29%, 1/7/2024(g)	7/12/2022		4,759		–
	1,339	5644328, 4.23%, 1/7/2024(g)	7/12/2022		1,339		–
	1,616	5644745, 3.29%, 1/7/2024(g)	7/12/2022		1,615		–
	11,291	5644961, 4.53%, 1/7/2024(g)	7/12/2022		11,280		–
	2,061	5645729, 4.99%, 1/7/2024(g)	7/12/2022		2,060		–
	1,845	5646761, 4.53%, 1/7/2024(g)	7/12/2022		1,844		–
	434	5647308, 4.68%, 1/7/2024(g)	7/12/2022		432		–
	5,736	5649773, 4.53%, 1/8/2024(g)	7/13/2022		5,729		–
	245	5654817, 3.93%, 1/8/2024(g)	7/13/2022		245		–
	5,510	5655615, 6.01%, 1/9/2024(g)	7/14/2022		5,507		–
	38,920	5659237, 4.51%, 1/11/2024(g)	7/14/2022		38,891		2
	1,057	5664582, 3.14%, 1/11/2024(g)	7/14/2022		1,056		–
	1,603	5666216, 5.60%, 1/12/2024(g)	7/15/2022		1,601		–
	362	5668339, 4.82%, 1/12/2024(g)	7/15/2022		362		–
	1,681	5669302, 5.06%, 1/12/2024(g)	7/15/2022		1,680		–
	3,024	5669479, 4.17%, 1/12/2024(g)	7/15/2022		3,020		–
	4,971	5672479, 3.74%, 1/12/2024(g)	7/15/2022		4,969		(5	)
	11,708	5672866, 4.11%, 1/13/2024(g)	7/18/2022		11,687		–
	4,004	5677096, 4.82%, 1/13/2024(g)	7/18/2022		4,001		–

See Notes to Financial Statements.

32 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	6,500	5694381, 4.60%, 1/14/2024(g)	7/19/2022		6,497	$	–
	233	5696397, 4.38%, 1/15/2024(g)	7/20/2022		233		–
	10,704	5698714, 4.30%, 1/15/2024(g)	7/20/2022		10,700		–
	1,361	5699827, 4.52%, 1/15/2024(g)	7/20/2022		1,360		–
	2,385	5700486, 4.53%, 1/15/2024(g)	7/20/2022		2,385		–
	356	5702291, 3.76%, 1/15/2024(g)	7/20/2022		355		–
	2,672	5702737, 3.76%, 1/16/2024(g)	7/21/2022		2,669		–
	1,431	5703717, 4.53%, 1/17/2024(g)	7/21/2022		1,430		–
	366	5706429, 3.89%, 1/18/2024(g)	7/21/2022		365		–
	1,295	5709854, 4.15%, 1/18/2024(g)	7/21/2022		1,294		–
	3,468	5713387, 3.28%, 1/19/2024(g)	7/22/2022		3,466		–
	237	5714986, 4.52%, 1/19/2024(g)	7/22/2022		234		1
	728	5715543, 4.51%, 1/19/2024(g)	7/22/2022		727		–
	1,822	5720303, 4.51%, 1/20/2024(g)	7/25/2022		1,820		–
	958	5721187, 4.82%, 1/20/2024(g)	7/25/2022		958		2
	2,201	5721339, 5.84%, 1/20/2024(g)	7/25/2022		2,200		–
	1,773	5721383, 4.82%, 1/20/2024(g)	7/25/2022		1,769		3
	1,528	5721751, 3.61%, 1/20/2024(g)	7/25/2022		1,526		–
	2,754	5727186, 4.84%, 1/21/2024(g)	7/26/2022		2,753		–
	1,496	5727924, 3.08%, 1/21/2024(g)	7/26/2022		1,495		–
	838	5728776, 4.48%, 1/21/2024(g)	7/26/2022		838		8
	180	5728795, 3.29%, 1/21/2024(g)	7/26/2022		179		–
	13,711	5730005, 4.53%, 1/21/2024(g)	7/26/2022		13,694		29
	21,279	5730222, 3.70%, 1/21/2024(g)	7/26/2022		21,269		–
	441	5730659, 4.53%, 1/21/2024(g)	7/26/2022		441		–
	405	5732406, 4.54%, 1/22/2024(g)	7/27/2022		404		–
	6,002	5734184, 3.30%, 1/22/2024(g)	7/27/2022		6,001		–
	2,519	5735118, 3.23%, 1/23/2024(g)	7/28/2022		2,517		1
	2,577	5735150, 4.88%, 1/23/2024(g)	7/28/2022		2,575		–
	864	5737658, 4.53%, 1/25/2024(g)	7/28/2022		864		2
	7,672	5738521, 4.22%, 1/25/2024(g)	7/28/2022		7,670		–
	1,132	5739941, 4.98%, 1/26/2024(g)	7/29/2022		1,114		2
	14,101	5742715, 3.52%, 1/26/2024(g)	7/29/2022		14,096		5
	18,819	5743278, 4.51%, 1/26/2024(g)	7/29/2022		18,810		2
	1,452	5743351, 4.82%, 1/26/2024(g)	8/1/2022		1,447		20
	2,970	5745225, 4.18%, 1/27/2024(g)	8/1/2022		2,957		–
	1,014	5745815, 4.51%, 1/27/2024(g)	8/1/2022		1,006		–
	17,133	5745956, 4.27%, 1/27/2024(g)	8/1/2022		17,127		3
	2,172	5746723, 5.34%, 1/27/2024(g)	8/1/2022		2,168		–
	3,911	5750032, 3.76%, 1/28/2024(g)	8/2/2022		3,907		–
	533	5751285, 4.54%, 1/28/2024(g)	8/2/2022		533		–
	413	5756605, 4.69%, 1/29/2024(g)	8/3/2022		410		–
	595	5765511, 4.14%, 2/2/2024(g)	8/5/2022		595		–
	7,103	5766439, 3.90%, 2/3/2024(g)	8/8/2022		7,100		2
	2,075	5768677, 3.90%, 2/3/2024(g)	8/8/2022		2,072		–

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 33

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	17,962	5771825, 3.29%, 2/4/2024(g)	8/9/2022		17,949	$	3
	37,618	5773123, 4.50%, 2/4/2024(g)	8/9/2022		37,606		4
	1,018	5775146, 3.29%, 2/4/2024(g)	8/9/2022		1,017		–
	12,994	5780631, 4.09%, 2/7/2024(g)	8/11/2022		12,987		3
	4,908	5789154, 5.10%, 2/9/2024(g)	8/12/2022		4,907		2
	354	5795273, 4.88%, 2/10/2024(g)	8/15/2022		352		–
	5,612	5801916, 4.50%, 2/11/2024(g)	8/16/2022		5,611		1
	8,368	5805040, 4.69%, 2/11/2024(g)	8/16/2022		8,354		3
	342	5807783, 5.00%, 2/12/2024(g)	8/17/2022		341		4
	7,903	5807812, 3.76%, 2/12/2024(g)	8/17/2022		7,902		2
	6,885	5808873, 4.99%, 2/12/2024(g)	8/17/2022		6,882		2
	524	5809872, 3.30%, 2/12/2024(g)	8/17/2022		524		25
	17,731	5811152, 3.76%, 2/12/2024(g)	8/17/2022		17,723		3
	1,312	5814577, 4.20%, 2/14/2024(g)	8/18/2022		1,311		–
	951	5815104, 3.94%, 2/15/2024(g)	8/18/2022		950		1
	3,721	5815147, 4.76%, 2/15/2024(g)	8/18/2022		3,717		1
	139	5816443, 3.61%, 2/15/2024(g)	8/18/2022		139		–
	20,494	5817404, 4.34%, 2/15/2024(g)	8/18/2022		20,488		3
	3,040	5817775, 3.76%, 2/15/2024(g)	8/18/2022		3,039		1
	775	5820472, 4.19%, 2/16/2024(g)	8/19/2022		775		10
	5,235	5820684, 4.31%, 2/16/2024(g)	8/19/2022		5,231		377
	2,223	5823360, 3.76%, 2/17/2024(g)	8/22/2022		2,222		38
	14,542	5828731, 4.70%, 2/18/2024(g)	8/23/2022		14,538		16
	1,990	5830685, 4.36%, 2/18/2024(g)	8/23/2022		1,989		2
	340	5832320, 4.32%, 2/19/2024(g)	8/24/2022		337		(307	)
	297	5833943, 4.65%, 2/19/2024(g)	8/24/2022		297		–
	8,410	5834280, 4.45%, 2/20/2024(g)	8/25/2022		8,408		4
	705	5840468, 2.95%, 2/23/2024(g)	8/26/2022		703		43
	2,730	5840723, 4.34%, 2/23/2024(g)	8/26/2022		2,727		1
	1,972	5845967, 4.85%, 2/24/2024(g)	8/29/2022		1,971		–
	816	5855626, 4.20%, 2/27/2024(g)	9/1/2022		816		–
	1,144	5856348, 4.99%, 2/28/2024(g)	9/1/2022		1,140		2
	5,811	5856789, 4.21%, 2/29/2024(g)	9/1/2022		5,800		2
	908	5857695, 4.37%, 2/29/2024(g)	9/1/2022		908		–
	1,916	5860985, 4.52%, 2/29/2024(g)	9/2/2022		1,910		1
	5,337	5861082, 3.90%, 2/29/2024(g)	9/2/2022		5,335		2
	82	5862344, 3.31%, 2/29/2024(g)	9/2/2022		82		–
	13,017	5862539, 4.71%, 2/29/2024(g)	9/2/2022		13,011		4
	6,159	5862945, 5.11%, 2/29/2024(g)	9/2/2022		6,155		14
	3,710	5863813, 4.00%, 2/29/2024(g)	9/2/2022		3,708		2
	4,371	5867279, 5.40%, 2/29/2024(g)	9/6/2022		4,364		2
	3,409	5871515, 4.68%, 3/1/2024(g)	9/7/2022		3,406		251
	486	5872945, 5.01%, 3/1/2024(g)	9/7/2022		486		–
	1,420	5875137, 4.44%, 3/2/2024(g)	9/8/2022		1,419		76
	1,446	5877332, 5.02%, 3/3/2024(g)	9/9/2022		1,445		1

See Notes to Financial Statements.

34 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	5,441	5879135, 4.85%, 3/5/2024(g)	9/9/2022		5,435	$	7
	779	5885901, 4.71%, 3/7/2024(g)	9/12/2022		778		1
	5,876	5887853, 5.35%, 3/8/2024(g)	9/13/2022		5,868		640
	8,380	5895063, 5.17%, 3/10/2024(g)	9/15/2022		8,377		14
	6,750	5896949, 4.19%, 3/12/2024(g)	9/15/2022		6,736		13
	9,501	5899324, 5.06%, 3/13/2024(g)	9/16/2022		9,497		4
	15,557	5901213, 4.41%, 3/13/2024(g)	9/16/2022		15,550		19
	910	5902499, 4.50%, 3/14/2024(g)	9/19/2022		905		1
	10,736	5904088, 5.24%, 3/14/2024(g)	9/19/2022		10,730		12
	1,010	5911251, 4.74%, 3/16/2024(g)	9/21/2022		1,009		1
	5,736	5912697, 4.19%, 3/16/2024(g)	9/21/2022		5,732		7
	553	5913427, 4.40%, 3/17/2024(g)	9/22/2022		552		1
	10,151	5913457, 3.97%, 3/17/2024(g)	9/22/2022		10,147		12
	1,864	5913816, 3.68%, 3/17/2024(g)	9/22/2022		1,863		2
	1,079	5914176, 4.41%, 3/18/2024(g)	9/22/2022		1,079		–
	5,201	5915089, 3.96%, 3/19/2024(g)	9/22/2022		5,199		7
	4,552	5915323, 5.06%, 3/19/2024(g)	9/22/2022		4,548		4
	7,952	5917460, 4.54%, 3/19/2024(g)	9/22/2022		7,948		11
	25,501	5918694, 4.08%, 3/20/2024(g)	9/23/2022		25,484		31
	2,718	5919269, 4.99%, 3/20/2024(g)	9/23/2022		2,718		2
	39,834	5921323, 4.54%, 3/20/2024(g)	9/23/2022		39,821		46
	1,384	5921991, 4.72%, 3/20/2024(g)	9/23/2022		1,383		2
	922	5922553, 5.05%, 3/20/2024(g)	9/23/2022		921		1
	5,956	5922664, 4.91%, 3/21/2024(g)	9/26/2022		5,951		9
	8,370	5923818, 5.15%, 3/21/2024(g)	9/26/2022		8,364		26
	11,281	5932284, 4.68%, 3/23/2024(g)	9/28/2022		11,277		11
	11,684	5934542, 4.37%, 3/24/2024(g)	9/29/2022		11,677		21
	3,916	5939560, 4.24%, 3/27/2024(g)	9/30/2022		3,915		2
	1,946	5941441, 3.95%, 3/27/2024(g)	9/30/2022		1,946		2
	885	5942973, 4.48%, 3/28/2024(g)	10/3/2022		880		1
	49	5959843, 5.33%, 4/3/2024(g)	10/6/2022		48		4
	1,028	5960810, 5.35%, 4/4/2024(g)	10/7/2022		1,027		1
	4,964	5962055, 5.14%, 4/4/2024(g)	10/7/2022		4,959		7
	917	5963780, 4.81%, 4/4/2024(g)	10/7/2022		917		43
	578	5971171, 5.41%, 4/6/2024(g)	10/12/2022		577		–
	230	5973722, 5.17%, 4/6/2024(g)	10/12/2022		230		–
	46,587	5973754, 4.73%, 4/6/2024(g)	10/12/2022		46,575		1,781
	211	5974479, 3.98%, 4/6/2024(g)	10/12/2022		211		–
	3,672	5974504, 5.42%, 4/6/2024(g)	10/12/2022		3,669		7
	3,393	5975646, 4.57%, 4/7/2024(g)	10/13/2022		3,391		2
	6,006	5976239, 4.83%, 4/7/2024(g)	10/13/2022		6,001		28
	1,311	5979918, 4.99%, 4/10/2024(g)	10/14/2022		1,287		3
	1,081	5980532, 5.39%, 4/10/2024(g)	10/14/2022		1,079		82
	8,682	5983442, 4.18%, 4/11/2024(g)	10/14/2022		8,677		909
	44,959	5984707, 4.55%, 4/12/2024(g)	10/17/2022		44,943		89

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 35

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,750	5985969, 5.38%, 4/12/2024(g)	10/17/2022		1,739	$	2
	1,366	5986711, 3.91%, 4/12/2024(g)	10/17/2022		1,364		5
	17,875	5989617, 5.50%, 4/13/2024(g)	10/18/2022		17,837		23
	43,084	5991523, 5.25%, 4/13/2024(g)	10/18/2022		43,050		46
	5,196	5993107, 4.55%, 4/14/2024(g)	10/19/2022		5,191		648
	2,889	5995340, 4.49%, 4/14/2024(g)	10/19/2022		2,887		4
	605	5996297, 4.83%, 4/14/2024(g)	10/19/2022		604		1
	79	5996572, 4.83%, 4/15/2024(g)	10/20/2022		78		10
	3,044	6003156, 4.71%, 4/18/2024(g)	10/21/2022		3,041		4
	7,211	6003187, 4.65%, 4/18/2024(g)	10/21/2022		7,209		8
	979	6006748, 4.99%, 4/19/2024(g)	10/24/2022		977		3
	3,074	6009368, 4.74%, 4/20/2024(g)	10/25/2022		3,072		4
	1,580	6009419, 4.24%, 4/20/2024(g)	10/25/2022		1,576		5
	1,991	6009897, 4.40%, 4/20/2024(g)	10/25/2022		1,989		152
	1,016	6015961, 4.79%, 4/22/2024(g)	10/27/2022		1,015		3
	8,580	6016625, 4.66%, 4/23/2024(g)	10/27/2022		8,558		12
	4,008	6016796, 4.08%, 4/23/2024(g)	10/27/2022		4,007		23
	858	6017564, 3.65%, 4/24/2024(g)	10/27/2022		858		1
	16,158	6020339, 3.85%, 4/24/2024(g)	10/27/2022		16,154		50
	1,688	6023765, 5.05%, 4/25/2024(g)	10/28/2022		1,686		170
	3,848	6024388, 4.38%, 4/26/2024(g)	10/31/2022		3,847		5
	840	6032216, 5.17%, 4/27/2024(g)	11/1/2022		839		1
	10,191	6033969, 4.01%, 4/28/2024(g)	11/2/2022		10,187		16
	2,941	6035927, 4.91%, 4/28/2024(g)	11/2/2022		2,940		4
	2,550	6036781, 5.16%, 4/28/2024(g)	11/2/2022		2,548		2
	30,283	6042714, 4.41%, 5/1/2024(g)	11/4/2022		30,276		76
	2,190	6043498, 4.50%, 5/1/2024(g)	11/4/2022		2,184		10
	3,287	6043998, 4.19%, 5/1/2024(g)	11/4/2022		3,284		173
	1,505	6046111, 4.50%, 5/2/2024(g)	11/7/2022		1,490		231
	715	6046678, 4.99%, 5/2/2024(g)	11/7/2022		715		2
	1,485	6051154, 5.42%, 5/3/2024(g)	11/8/2022		1,484		5
	7,461	6051168, 4.30%, 5/3/2024(g)	11/8/2022		7,460		21
	2,352	6055391, 5.51%, 5/4/2024(g)	11/9/2022		2,345		342
	4,652	6055735, 4.52%, 5/4/2024(g)	11/9/2022		4,647		21
	559	6057979, 4.57%, 5/4/2024(g)	11/9/2022		558		3
	2,487	6062501, 5.25%, 5/7/2024(g)	11/10/2022		2,486		5
	1,227	6064567, 5.40%, 5/8/2024(g)	11/14/2022		1,224		1
	198	6105814, 5.45%, 5/9/2024(g)	11/15/2022		198		–
	13,412	6120722, 5.02%, 5/9/2024(g)	11/15/2022		13,407		48
	322	6122133, 4.90%, 5/10/2024(g)	11/16/2022		320		1
	21,774	6122768, 4.90%, 5/10/2024(g)	11/16/2022		21,763		33
	955	6124317, 5.42%, 5/10/2024(g)	11/16/2022		954		2
	1,496	6126515, 4.40%, 5/12/2024(g)	11/17/2022		1,495		6
	47,047	6134626, 3.96%, 5/15/2024(g)	11/18/2022		47,037		79
	1,736	6137200, 4.16%, 5/16/2024(g)	11/21/2022		1,735		8

See Notes to Financial Statements.

36 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,730	6137228, 4.91%, 5/16/2024(g)	11/21/2022		3,728	$	7
	7,620	6144412, 5.02%, 5/18/2024(g)	11/23/2022		7,617		11
	1,596	6144860, 4.81%, 5/18/2024(g)	11/23/2022		1,594		10
	835	6144943, 5.17%, 5/18/2024(g)	11/23/2022		835		1
	2,943	6145647, 5.17%, 5/18/2024(g)	11/23/2022		2,941		2
	455	6148126, 4.80%, 5/20/2024(g)	11/25/2022		451		96
	59	6151406, 4.65%, 5/21/2024(g)	11/25/2022		59		–
	3,746	6158666, 3.98%, 5/23/2024(g)	11/29/2022		3,744		22
	1,077	6159537, 4.93%, 5/23/2024(g)	11/29/2022		1,077		3
	490	6159913, 3.97%, 5/23/2024(g)	11/29/2022		490		89
	1,008	6162922, 5.05%, 5/25/2024(g)	11/30/2022		1,008		2
	654	6163080, 5.09%, 5/25/2024(g)	11/30/2022		654		2
	5,107	6163846, 5.02%, 5/25/2024(g)	11/30/2022		5,104		16
	9,433	6164683, 4.56%, 5/25/2024(g)	11/30/2022		9,431		34
	8,215	6171390, 5.49%, 5/29/2024(g)	12/2/2022		8,211		17
	60	6175244, 5.33%, 5/30/2024(g)	12/5/2022		56		–
	11,824	6178359, 5.00%, 6/1/2024(g)	12/6/2022		11,820		18
	1,085	6180192, 5.36%, 6/1/2024(g)	12/6/2022		1,085		3
	1,806	6183636, 5.13%, 6/2/2024(g)	12/7/2022		1,805		3
	1,368	6183750, 5.13%, 6/2/2024(g)	12/7/2022		1,350		283
	408	6185716, 4.72%, 6/3/2024(g)	12/8/2022		408		2
	11,132	6189720, 4.49%, 6/5/2024(g)	12/8/2022		11,125		74
	19,704	6191145, 5.11%, 6/6/2024(g)	12/9/2022		19,679		49
	15,370	6194668, 4.98%, 6/6/2024(g)	12/9/2022		15,351		1,224
	3,328	6205191, 5.00%, 6/8/2024(g)	12/13/2022		3,325		722
	579	6205683, 4.30%, 6/8/2024(g)	12/13/2022		578		4
	417	6205837, 5.27%, 6/8/2024(g)	12/13/2022		416		2
	950	6210716, 4.97%, 6/11/2024(g)	12/15/2022		950		3
	6,249	6211010, 5.39%, 6/11/2024(g)	12/15/2022		6,246		22
	23,693	6214115, 4.98%, 6/12/2024(g)	12/15/2022		23,676		160
	914	6214684, 5.32%, 6/12/2024(g)	12/15/2022		913		3
	7,550	6216670, 5.11%, 6/13/2024(g)	12/16/2022		7,545		37
	35,110	6217421, 4.49%, 6/13/2024(g)	12/16/2022		35,087		106
	2,183	6217915, 5.22%, 6/13/2024(g)	12/16/2022		2,182		4
	48,538	6218603, 5.11%, 6/14/2024(g)	12/19/2022		48,502		70
	3,792	6220958, 4.71%, 6/14/2024(g)	12/19/2022		3,786		18
	9,729	6221200, 4.98%, 6/14/2024(g)	12/19/2022		9,497		79
	2,695	6223743, 5.01%, 6/15/2024(g)	12/20/2022		2,693		22
	5,250	6225371, 5.25%, 6/15/2024(g)	12/20/2022		5,247		26
	495	6225758, 4.92%, 6/15/2024(g)	12/20/2022		495		4
	6,903	6226484, 5.16%, 6/15/2024(g)	12/20/2022		6,899		30
	154	6226502, 5.06%, 6/15/2024(g)	12/20/2022		155		1
	2,320	6226528, 5.17%, 6/15/2024(g)	12/20/2022		2,319		4
	1,997	6226573, 5.13%, 6/15/2024(g)	12/20/2022		1,996		17
	11,926	6227060, 4.79%, 6/16/2024(g)	12/21/2022		11,920		66

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 37

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	5,398	6229968, 5.17%, 6/16/2024(g)	12/21/2022		5,395	$	14
	5,041	6234748, 5.07%, 6/16/2024(g)	12/21/2022		5,036		33
	3,389	6235749, 5.11%, 6/17/2024(g)	12/22/2022		3,386		28
	14,866	6236365, 4.76%, 6/18/2024(g)	12/22/2022		14,860		25
	103	6236572, 4.38%, 6/18/2024(g)	12/22/2022		102		22
	3,023	6237547, 5.28%, 6/19/2024(g)	12/22/2022		3,021		7
	1,030	6240111, 4.90%, 6/19/2024(g)	12/22/2022		1,029		255
	69	6240142, 5.18%, 6/19/2024(g)	12/22/2022		69		1
	2,528	6240144, 5.21%, 6/19/2024(g)	12/22/2022		2,526		13
	9,368	6240279, 5.05%, 6/20/2024(g)	12/23/2022		9,361		30
	1,670	6240589, 4.90%, 6/20/2024(g)	12/23/2022		1,667		6
	6,281	6240672, 4.16%, 6/20/2024(g)	12/23/2022		6,279		281
	6,214	6242266, 4.16%, 6/20/2024(g)	12/23/2022		6,210		19
	3,252	6242430, 3.95%, 6/20/2024(g)	12/23/2022		3,251		22
	6,880	6243194, 4.53%, 6/20/2024(g)	12/23/2022		6,877		23
	1,214	6243293, 5.34%, 6/20/2024(g)	12/23/2022		1,214		3
	3,442	6245257, 4.87%, 6/21/2024(g)	12/27/2022		3,434		12
	11,354	6245909, 4.38%, 6/21/2024(g)	12/27/2022		11,340		38
	18,594	6245943, 4.75%, 6/21/2024(g)	12/27/2022		18,542		118
	1,955	6246135, 5.37%, 6/21/2024(g)	12/27/2022		1,954		6
	4,290	6248895, 5.12%, 6/22/2024(g)	12/28/2022		4,288		11
	6,518	6249797, 4.62%, 6/22/2024(g)	12/28/2022		6,508		1,460
	4,156	6252404, 4.77%, 6/23/2024(g)	12/29/2022		4,143		892
	1,173	6252984, 5.30%, 6/23/2024(g)	12/29/2022		1,172		3
	2,121	6253344, 5.40%, 6/23/2024(g)	12/29/2022		2,121		3
	2,410	6253470, 5.23%, 6/23/2024(g)	12/29/2022		2,409		8
	2,982	6254831, 5.31%, 6/23/2024(g)	12/29/2022		2,980		9
	2,516	6255062, 5.11%, 6/24/2024(g)	12/30/2022		2,513		14
	964	6255635, 5.37%, 6/24/2024(g)	12/30/2022		963		3
	4,453	6255648, 4.61%, 6/25/2024(g)	12/30/2022		4,451		17
	12,682	6256238, 5.28%, 6/26/2024(g)	12/30/2022		12,674		40
	1,620	6256454, 4.38%, 6/26/2024(g)	12/30/2022		1,619		4
	481	6257600, 4.38%, 6/27/2024(g)	12/30/2022		480		2
	758	6262046, 5.21%, 6/28/2024(g)	1/3/2023		752		3
	5,373	6262205, 4.38%, 6/28/2024(g)	1/3/2023		5,369		20
	2,327	6264914, 5.23%, 6/28/2024(g)	1/4/2023		2,326		9
	1,655	6266899, 5.63%, 6/29/2024(g)	1/4/2023		1,653		7
	5,497	6267962, 5.11%, 6/29/2024(g)	1/4/2023		5,494		38
	4,701	6271487, 5.41%, 7/1/2024(g)	1/6/2023		4,699		17
	5,143	6272030, 5.56%, 7/2/2024(g)	1/6/2023		5,139		36
	735	6272427, 5.41%, 7/2/2024(g)	1/6/2023		735		3
	10,800	6274237, 4.71%, 7/3/2024(g)	1/6/2023		10,796		103
	1,853	6274575, 5.40%, 7/3/2024(g)	1/6/2023		1,852		14
	161	6275777, 5.61%, 7/3/2024(g)	1/6/2023		160		1
	2,915	6275822, 5.21%, 7/4/2024(g)	1/9/2023		2,914		5

See Notes to Financial Statements.

38 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	30,882	6278211, 5.09%, 7/4/2024(g)	1/9/2023		30,813	$	98
	1,778	6278554, 5.08%, 7/4/2024(g)	1/9/2023		1,776		13
	1,910	6279970, 5.26%, 7/5/2024(g)	1/10/2023		1,909		13
	4,309	6280393, 5.11%, 7/5/2024(g)	1/10/2023		4,308		24
	1,527	6281665, 5.64%, 7/5/2024(g)	1/10/2023		1,526		369
	4,833	6282659, 4.74%, 7/5/2024(g)	1/10/2023		4,831		17
	682	6284088, 5.42%, 7/6/2024(g)	1/11/2023		679		3
	456	6284347, 5.63%, 7/6/2024(g)	1/11/2023		455		1
	4,487	6284372, 4.52%, 7/6/2024(g)	1/11/2023		4,479		21
	19,976	6285159, 5.23%, 7/6/2024(g)	1/11/2023		19,971		37
	6,454	6285331, 4.95%, 7/6/2024(g)	1/11/2023		6,449		28
	12,467	6288964, 5.55%, 7/9/2024(g)	1/12/2023		12,463		20
	5,076	6289020, 4.50%, 7/9/2024(g)	1/12/2023		5,074		54
	1,103	6289074, 5.42%, 7/9/2024(g)	1/12/2023		1,097		9
	2,197	6292228, 5.70%, 7/10/2024(g)	1/13/2023		2,193		13
	365	6300792, 4.74%, 7/13/2024(g)	1/19/2023		364		34
	474	6303365, 4.75%, 7/14/2024(g)	1/20/2023		472		5
	8,471	6306876, 5.61%, 7/17/2024(g)	1/20/2023		8,467		20
	1,041	6307045, 5.01%, 7/17/2024(g)	1/20/2023		1,041		5
	21,608	6307054, 5.09%, 7/17/2024(g)	1/20/2023		21,601		44
	5,099	6308062, 5.33%, 7/17/2024(g)	1/20/2023		5,097		29
	3,099	6309650, 5.21%, 7/18/2024(g)	1/23/2023		3,086		15
	2,510	6309913, 5.61%, 7/18/2024(g)	1/23/2023		2,509		5
	1,705	6310030, 4.89%, 7/18/2024(g)	1/23/2023		1,703		11
	24,742	6310052, 4.72%, 7/18/2024(g)	1/23/2023		24,724		2,730
	18,799	6314758, 4.77%, 7/19/2024(g)	1/24/2023		18,780		6,555
	16,550	6315561, 5.30%, 7/19/2024(g)	1/24/2023		16,544		36
	8,567	6318893, 4.40%, 7/20/2024(g)	1/25/2023		8,563		87
	1,032	6319326, 4.41%, 7/21/2024(g)	1/26/2023		1,032		3
	8,783	6319335, 5.02%, 7/21/2024(g)	1/26/2023		8,772		72
	6,670	6319536, 4.77%, 7/21/2024(g)	1/26/2023		6,658		543
	246	6321444, 5.38%, 7/23/2024(g)	1/26/2023		245		71
	5,513	6349688, 4.76%, 7/23/2024(g)	1/26/2023		5,511		31
	272	6351803, 5.40%, 7/24/2024(g)	1/27/2023		271		1
	1,311	6353204, 5.37%, 7/24/2024(g)	1/27/2023		1,308		145
	2,069	6359589, 5.12%, 7/26/2024(g)	1/31/2023		2,064		11
	2,070	6361076, 4.41%, 7/26/2024(g)	1/31/2023		2,069		18
	1,162	6361343, 5.37%, 7/26/2024(g)	1/31/2023		1,161		5
	2,498	6362602, 5.11%, 7/26/2024(g)	1/31/2023		2,486		844
	16,552	6363826, 5.02%, 7/27/2024(g)	2/1/2023		16,547		85
	1,531	6364108, 5.09%, 7/27/2024(g)	2/1/2023		1,529		11
	6,950	6365997, 5.45%, 7/28/2024(g)	2/2/2023		6,943		71
	28,868	6368933, 5.70%, 7/30/2024(g)	2/2/2023		28,856		43
	2,437	6369269, 5.71%, 7/30/2024(g)	2/2/2023		2,435		11
	1,683	6369360, 4.72%, 7/30/2024(g)	2/2/2023		1,682		14

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 39

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	87,301	6373533, 5.09%, 7/31/2024(g)	2/3/2023		87,278	$	612
	3,552	6373898, 5.33%, 8/1/2024(g)	2/6/2023		3,538		43
	19,880	6374933, 5.55%, 8/1/2024(g)	2/6/2023		19,863		111
	1,887	6375813, 5.61%, 8/1/2024(g)	2/6/2023		1,875		647
	4,781	6376142, 5.09%, 8/1/2024(g)	2/6/2023		4,774		30
	2,941	6376513, 5.33%, 8/1/2024(g)	2/6/2023		2,936		1,113
	4,979	6380762, 4.51%, 8/2/2024(g)	2/7/2023		4,978		72
	1,931	6383356, 4.73%, 8/3/2024(g)	2/8/2023		1,930		6
	8,508	6384325, 5.44%, 8/3/2024(g)	2/8/2023		8,504		88
	226	6385016, 4.75%, 8/3/2024(g)	2/8/2023		226		3
	11,257	6385384, 4.52%, 8/4/2024(g)	2/9/2023		11,254		121
	970	6385532, 4.73%, 8/4/2024(g)	2/9/2023		970		7
	2,138	6386545, 5.43%, 8/5/2024(g)	2/9/2023		2,137		9
	4,868	6386559, 4.94%, 8/5/2024(g)	2/9/2023		4,866		51
	4,692	6386895, 5.21%, 8/6/2024(g)	2/9/2023		4,689		68
	8,580	6387124, 4.50%, 8/6/2024(g)	2/9/2023		8,578		118
	2,578	6387323, 5.43%, 8/6/2024(g)	2/9/2023		2,578		13
	345	6388580, 5.43%, 8/6/2024(g)	2/9/2023		343		3
	2,790	6388609, 5.61%, 8/6/2024(g)	2/9/2023		2,787		14
	3,566	6390284, 5.09%, 8/7/2024(g)	2/10/2023		3,556		1,187
	1,568	6390466, 5.62%, 8/7/2024(g)	2/10/2023		1,566		9
	2,917	6390490, 5.70%, 8/7/2024(g)	2/10/2023		2,914		19
	22,768	6390797, 5.33%, 8/7/2024(g)	2/10/2023		22,754		241
	1,031	6392613, 5.42%, 8/7/2024(g)	2/10/2023		1,031		10
	674	6393972, 5.72%, 8/8/2024(g)	2/13/2023		671		223
	407	6394534, 5.21%, 8/8/2024(g)	2/13/2023		405		152
	3,300	6394579, 4.72%, 8/8/2024(g)	2/13/2023		3,298		19
	16,150	6399840, 4.52%, 8/9/2024(g)	2/14/2023		16,145		238
	6,297	6400719, 5.42%, 8/9/2024(g)	2/14/2023		6,294		24
	2,960	6401968, 4.52%, 8/10/2024(g)	2/15/2023		2,943		470
	641	6402353, 5.42%, 8/10/2024(g)	2/15/2023		641		5
	3,147	6403389, 5.23%, 8/10/2024(g)	2/15/2023		3,145		46
	434	6403408, 5.11%, 8/10/2024(g)	2/15/2023		433		7
	1,061	6403450, 5.11%, 8/10/2024(g)	2/15/2023		1,061		336
	869	6404272, 5.11%, 8/11/2024(g)	2/16/2023		868		258
	1,165	6404325, 5.71%, 8/11/2024(g)	2/16/2023		1,164		6
	2,724	6407319, 4.50%, 8/13/2024(g)	2/16/2023		2,723		37
	1,418	6408651, 5.56%, 8/13/2024(g)	2/16/2023		1,417		19
	3,920	6411232, 5.00%, 8/14/2024(g)	2/17/2023		3,916		34
	4,432	6411236, 5.06%, 8/14/2024(g)	2/17/2023		4,428		1,504
	1,373	6411565, 5.06%, 8/14/2024(g)	2/17/2023		1,373		12
	8,616	6413446, 5.00%, 8/15/2024(g)	2/21/2023		8,604		126
	5,988	6413707, 5.55%, 8/15/2024(g)	2/21/2023		5,904		93
	35,693	6414267, 4.17%, 8/15/2024(g)	2/21/2023		35,643		476
	3,471	6418913, 4.19%, 8/16/2024(g)	2/22/2023		3,468		58

See Notes to Financial Statements.

40 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	8,558	6419618, 4.41%, 8/16/2024(g)	2/22/2023		8,553	$	138
	1,172	6419737, 5.04%, 8/16/2024(g)	2/22/2023		1,172		17
	15,064	6420226, 5.12%, 8/16/2024(g)	2/22/2023		15,022		225
	5,259	6420463, 4.78%, 8/16/2024(g)	2/22/2023		5,256		772
	3,247	6424135, 4.40%, 8/17/2024(g)	2/23/2023		3,245		16
	555	6425075, 4.44%, 8/19/2024(g)	2/24/2023		554		3
	14,419	6425559, 4.76%, 8/20/2024(g)	2/24/2023		14,413		110
	3,535	6425722, 4.89%, 8/20/2024(g)	2/24/2023		3,531		46
	13,483	6426320, 4.76%, 8/20/2024(g)	2/24/2023		13,479		121
	739	6426514, 4.18%, 8/20/2024(g)	2/24/2023		735		327
	731	6427348, 5.37%, 8/21/2024(g)	2/24/2023		730		141
	652	6428008, 5.38%, 8/21/2024(g)	2/24/2023		651		6
	3,291	6428783, 4.60%, 8/21/2024(g)	2/24/2023		3,288		35
	801	6428945, 4.76%, 8/21/2024(g)	2/24/2023		799		291
	1,555	6430360, 4.38%, 8/22/2024(g)	2/27/2023		1,554		687
	9,291	6430377, 5.06%, 8/22/2024(g)	2/27/2023		9,282		23
	2,027	6430780, 5.00%, 8/22/2024(g)	2/27/2023		2,013		34
	716	6431229, 5.08%, 8/22/2024(g)	2/27/2023		711		12
	1,794	6435212, 4.74%, 8/23/2024(g)	2/28/2023		1,794		18
	197	6435460, 5.11%, 8/23/2024(g)	2/28/2023		193		31
	1,649	6439373, 5.02%, 8/23/2024(g)	2/28/2023		1,638		494
	4,483	6439776, 4.77%, 8/23/2024(g)	2/28/2023		4,479		54
	2,794	6442834, 4.40%, 8/24/2024(g)	3/1/2023		2,794		37
	5,134	6445407, 5.62%, 8/26/2024(g)	3/2/2023		5,131		13
	1,463	6445491, 5.40%, 8/26/2024(g)	3/2/2023		1,461		27
	3,948	6445775, 5.40%, 8/26/2024(g)	3/2/2023		3,942		39
	1,752	6447624, 5.70%, 8/27/2024(g)	3/2/2023		1,749		17
	69	6447967, 5.71%, 8/27/2024(g)	3/2/2023		69		1
	19,364	6449734, 5.43%, 8/28/2024(g)	3/3/2023		19,355		305
	1,135	6450328, 5.63%, 8/28/2024(g)	3/3/2023		1,132		11
	152	6452932, 5.29%, 9/1/2024(g)	3/6/2023		150		54
	511	6453931, 5.18%, 9/1/2024(g)	3/6/2023		474		165
	3,455	6458392, 5.41%, 9/2/2024(g)	3/7/2023		3,442		25
	651	6458987, 5.67%, 9/2/2024(g)	3/7/2023		650		7
	16,972	6459143, 5.60%, 9/2/2024(g)	3/7/2023		16,959		202
	357	6459759, 5.60%, 9/2/2024(g)	3/7/2023		357		134
	412	6460137, 5.68%, 9/2/2024(g)	3/7/2023		411		3
	8,986	6462410, 4.92%, 9/3/2024(g)	3/8/2023		8,982		94
	5,663	6463729, 4.50%, 9/4/2024(g)	3/9/2023		5,661		87
	1,529	6464020, 5.07%, 9/4/2024(g)	3/9/2023		1,528		22
	822	6465009, 4.69%, 9/5/2024(g)	3/9/2023		822		8
	1,145	6465348, 4.70%, 9/5/2024(g)	3/9/2023		1,144		15
	1,205	6469223, 5.39%, 9/7/2024(g)	3/10/2023		1,201		198
	506	6470520, 5.17%, 9/7/2024(g)	3/10/2023		504		10
	703	6471083, 5.58%, 9/7/2024(g)	3/10/2023		703		6

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 41

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	8,263	6472426, 5.06%, 9/7/2024(g)	3/10/2023		8,260	$	117
	411	6473406, 5.67%, 9/8/2024(g)	3/13/2023		408		173
	11,225	6475578, 4.90%, 9/8/2024(g)	3/13/2023		11,202		169
	15,421	6475765, 5.39%, 9/8/2024(g)	3/13/2023		15,412		138
	1,646	6479826, 5.69%, 9/9/2024(g)	3/14/2023		1,646		18
	969	6480058, 5.32%, 9/9/2024(g)	3/14/2023		968		14
	7,043	6480098, 5.08%, 9/9/2024(g)	3/14/2023		7,039		2,840
	20,224	6483659, 5.69%, 9/10/2024(g)	3/15/2023		20,215		90
	1,232	6485004, 5.61%, 9/11/2024(g)	3/16/2023		1,221		14
	7,374	6485007, 5.38%, 9/11/2024(g)	3/16/2023		7,370		97
	5,797	6485439, 4.49%, 9/11/2024(g)	3/16/2023		5,788		963
	2,290	6485792, 4.71%, 9/11/2024(g)	3/16/2023		2,289		28
	1,783	6489612, 5.30%, 9/13/2024(g)	3/16/2023		1,781		715
	629	6490004, 4.69%, 9/13/2024(g)	3/16/2023		626		6
	12,757	6490958, 5.06%, 9/14/2024(g)	3/17/2023		12,752		139
	568	6491134, 5.19%, 9/14/2024(g)	3/17/2023		562		212
	1,730	6491349, 4.58%, 9/14/2024(g)	3/17/2023		1,726		27
	887	6491519, 4.85%, 9/14/2024(g)	3/17/2023		886		192
	3,142	6492306, 4.48%, 9/14/2024(g)	3/17/2023		3,141		50
	18,289	6493170, 4.15%, 9/14/2024(g)	3/17/2023		18,273		384
	10,365	6493822, 5.25%, 9/15/2024(g)	3/20/2023		10,351		4,498
	378	6494068, 4.64%, 9/15/2024(g)	3/20/2023		376		175
	2,415	6496306, 4.21%, 9/15/2024(g)	3/20/2023		2,414		31
	1,856	6497050, 4.36%, 9/15/2024(g)	3/20/2023		1,855		38
	4,114	6497238, 5.25%, 9/15/2024(g)	3/20/2023		4,108		36
	373	6499992, 5.08%, 9/16/2024(g)	3/21/2023		362		77
	7,749	6500926, 5.09%, 9/16/2024(g)	3/21/2023		7,744		53
	856	6505750, 4.74%, 9/18/2024(g)	3/23/2023		854		9
	6,835	6505797, 4.75%, 9/18/2024(g)	3/23/2023		6,830		1,262
	617	6506036, 5.06%, 9/18/2024(g)	3/23/2023		616		5
	327	6506645, 4.16%, 9/19/2024(g)	3/23/2023		327		51
	8,612	6506924, 4.74%, 9/19/2024(g)	3/23/2023		8,610		76
	1,258	6507351, 4.36%, 9/20/2024(g)	3/23/2023		1,257		14
	9,233	6508085, 4.15%, 9/20/2024(g)	3/23/2023		9,230		192
	2,093	6508443, 4.85%, 9/20/2024(g)	3/23/2023		2,089		927
	754	6510397, 5.03%, 9/20/2024(g)	3/23/2023		753		7
	15,728	6510429, 5.06%, 9/20/2024(g)	3/23/2023		15,719		227
	1,384	6513051, 5.05%, 9/21/2024(g)	3/24/2023		1,383		10
	43,535	6513179, 4.85%, 9/21/2024(g)	3/24/2023		43,518		709
	2,158	6513941, 4.85%, 9/21/2024(g)	3/24/2023		2,157		351
	1,619	6513956, 4.15%, 9/21/2024(g)	3/24/2023		1,618		24
	1,642	6515551, 4.65%, 9/22/2024(g)	3/27/2023		1,642		12
	7,195	6521005, 4.75%, 9/23/2024(g)	3/28/2023		7,192		76
	11,446	6524600, 4.75%, 9/24/2024(g)	3/29/2023		11,441		273
	2,801	6524690, 5.27%, 9/24/2024(g)	3/29/2023		2,798		49

See Notes to Financial Statements.

42 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,233	6524923, 5.06%, 9/24/2024(g)	3/29/2023		2,230	$	33
	4,073	6525852, 5.21%, 9/25/2024(g)	3/30/2023		4,066		50
	9,872	6526016, 5.06%, 9/25/2024(g)	3/30/2023		9,868		111
	5,190	6526204, 4.75%, 9/25/2024(g)	3/30/2023		5,186		55
	5,075	6526244, 4.84%, 9/25/2024(g)	3/30/2023		5,074		38
	1,453	6526777, 4.37%, 9/26/2024(g)	3/30/2023		1,450		760
	1,277	6527270, 4.57%, 9/27/2024(g)	3/30/2023		1,276		15
	6,084	6527932, 5.03%, 9/27/2024(g)	3/30/2023		6,081		77
	1,291	6528365, 5.74%, 9/27/2024(g)	3/30/2023		1,290		5
	4,684	6528535, 4.64%, 9/27/2024(g)	3/30/2023		4,682		59
	429	6529218, 5.26%, 9/27/2024(g)	3/30/2023		428		199
	19,111	6532025, 4.73%, 9/28/2024(g)	3/31/2023		19,100		200
	2,454	6534189, 4.36%, 9/28/2024(g)	3/31/2023		2,452		18
	4,614	6534910, 5.07%, 9/29/2024(g)	4/3/2023		4,613		32
	13	6540629, 5.60%, 9/30/2024(g)	4/4/2023		12		2
	30	6544007, 4.72%, 9/30/2024(g)	4/5/2023		30		–
	2,138	6547282, 4.93%, 10/1/2024(g)	4/6/2023		2,137		42
	1,040	6547947, 4.71%, 10/2/2024(g)	4/6/2023		1,039		18
	2,857	6549974, 6.08%, 10/3/2024(g)	4/6/2023		2,854		31
	4,594	6552193, 4.54%, 10/4/2024(g)	4/7/2023		4,592		915
	218	6553420, 4.79%, 10/4/2024(g)	4/7/2023		215		34
	522	6554333, 5.33%, 10/4/2024(g)	4/7/2023		522		7
	4,967	6555503, 4.48%, 10/5/2024(g)	4/10/2023		4,953		1,156
	6,381	6565300, 4.62%, 10/7/2024(g)	4/12/2023		6,379		193
	2,783	6566536, 4.93%, 10/8/2024(g)	4/13/2023		2,782		37
	1,312	6568410, 5.67%, 10/10/2024(g)	4/13/2023		1,311		236
	1,154	6568553, 5.68%, 10/10/2024(g)	4/13/2023		1,152		22
	1,092	6569228, 4.27%, 10/10/2024(g)	4/13/2023		1,091		169
	768	6570480, 5.13%, 10/10/2024(g)	4/13/2023		767		427
	1,251	6571948, 4.61%, 10/11/2024(g)	4/14/2023		1,249		41
	351	6572129, 5.59%, 10/11/2024(g)	4/14/2023		351		142
	3,007	6573088, 5.53%, 10/11/2024(g)	4/14/2023		3,005		39
	46,244	6574336, 5.93%, 10/11/2024(g)	4/14/2023		46,225		380
	1,693	6575319, 5.49%, 10/12/2024(g)	4/17/2023		1,690		804
	1,097	6575882, 6.32%, 10/12/2024(g)	4/17/2023		1,092		107
	748	6577745, 5.07%, 10/12/2024(g)	4/17/2023		736		16
	12,393	6580033, 5.33%, 10/13/2024(g)	4/18/2023		12,380		186
	1,961	6585973, 5.61%, 10/14/2024(g)	4/19/2023		1,961		33
	2,907	6586595, 4.57%, 10/15/2024(g)	4/20/2023		2,906		46
	310	6586768, 4.36%, 10/15/2024(g)	4/20/2023		309		58
	540	6586780, 5.36%, 10/15/2024(g)	4/20/2023		539		14
	14,311	6589212, 5.17%, 10/17/2024(g)	4/20/2023		14,303		323
	42,439	6589945, 5.84%, 10/17/2024(g)	4/20/2023		42,419		638
	2,797	6590422, 4.28%, 10/17/2024(g)	4/20/2023		2,793		495
	3,415	6590851, 5.50%, 10/17/2024(g)	4/20/2023		3,413		25

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 43

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	20,282	6592891, 4.46%, 10/18/2024(g)	4/21/2023		20,270		$	496
	1,477	6595270, 5.98%, 10/19/2024(g)	4/24/2023		1,476			261
	2,165	6595782, 4.79%, 10/19/2024(g)	4/24/2023		2,161			51
	882	6598555, 5.14%, 10/19/2024(g)	4/25/2023		881			159
	1,788	6600131, 5.00%, 10/20/2024(g)	4/25/2023		1,788			40
	2,970	6600367, 5.00%, 10/20/2024(g)	4/25/2023		2,968			61
	5,448	6601126, 5.37%, 10/20/2024(g)	4/25/2023		5,445			92
	894	6603000, 4.57%, 10/21/2024(g)	4/26/2023		894			22
	–	6604472, 5.00%, 10/22/2024	4/27/2023		(382	)		–
	3,709	6604513, 4.57%, 10/22/2024(g)	4/27/2023		3,709			72
	–	6604706, 5.15%, 10/22/2024	4/27/2023		(512	)		–
	592	6604759, 5.60%, 10/22/2024(g)	4/27/2023		592			8
	903	6604818, 5.19%, 10/22/2024(g)	4/27/2023		902			19
	26,023	6608277, 5.35%, 10/24/2024(g)	4/27/2023		25,991			11,700
	923	6608609, 4.55%, 10/24/2024(g)	4/27/2023		923			32
	1,060	6609051, 4.55%, 10/25/2024(g)	4/28/2023		1,059			190
	6,292	6609273, 5.35%, 10/25/2024(g)	4/28/2023		6,286			149
	4,702	6609850, 5.99%, 10/25/2024(g)	4/28/2023		4,687			892
	1,221	6610122, 5.35%, 10/25/2024(g)	4/28/2023		1,218			28
	4,941	6611153, 5.35%, 10/25/2024(g)	4/28/2023		4,939			93
	622	6611599, 4.99%, 10/25/2024(g)	4/28/2023		621			326
	608	6611973, 5.60%, 10/26/2024(g)	5/1/2023		608			13
	743	6612124, 4.38%, 10/26/2024(g)	5/1/2023		742			12
	1,759	6612942, 4.56%, 10/26/2024(g)	5/1/2023		1,753			44
	1,244	6614605, 5.58%, 10/26/2024(g)	5/1/2023		1,244			10
	1,610	6617761, 5.69%, 10/27/2024(g)	5/2/2023		1,609			20
	10,846	6620463, 5.15%, 10/27/2024(g)	5/2/2023		10,839			4,584
	1,078	6623088, 5.96%, 10/28/2024(g)	5/3/2023		1,077			29
	14,679	6623234, 5.95%, 10/28/2024(g)	5/3/2023		14,671			283
	2,998	6623989, 6.20%, 10/28/2024(g)	5/3/2023		2,997			51
	3,452	6624027, 5.15%, 10/28/2024(g)	5/3/2023		3,450			91
	577	6624485, 4.91%, 10/29/2024(g)	5/4/2023		576			374
	3,043	6624511, 5.70%, 10/29/2024(g)	5/4/2023		3,040			97
	3,309	6624753, 6.10%, 10/29/2024(g)	5/4/2023		3,299			39
	3,750	6624873, 5.38%, 10/30/2024(g)	5/4/2023		3,748			45
	449	6625044, 5.41%, 10/30/2024(g)	5/4/2023		449			6
	145	6625255, 4.62%, 10/30/2024(g)	5/4/2023		145			83
	381	6625270, 5.68%, 10/30/2024(g)	5/4/2023		381			4
	4,146	6625328, 4.89%, 10/30/2024(g)	5/4/2023		4,145			2,324
	20,374	6625546, 5.51%, 10/30/2024(g)	5/4/2023		20,366			304
	653	6626321, 5.92%, 11/1/2024(g)	5/4/2023		652			352
	1,979	6626859, 5.92%, 11/1/2024(g)	5/4/2023		1,975			41
	1,747	6633989, 5.91%, 11/3/2024(g)	5/8/2023		1,721			943
	571	6634173, 5.90%, 11/3/2024(g)	5/8/2023		549			90
	1,827	6634745, 5.35%, 11/3/2024(g)	5/8/2023		1,827			24

See Notes to Financial Statements.

44 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	3,186	6638190, 4.89%, 11/4/2024(g)	5/9/2023		3,185		$	56
	288	6638641, 5.93%, 11/4/2024(g)	5/9/2023		285			172
	16,166	6639714, 5.94%, 11/4/2024(g)	5/9/2023		16,160			227
	20,254	6640919, 4.89%, 11/4/2024(g)	5/9/2023		20,246			360
	5,069	6642355, 6.09%, 11/5/2024(g)	5/10/2023		5,064			133
	–	6642642, 4.90%, 11/5/2024	5/10/2023		(344	)		–
	1	6642674, 5.69%, 11/5/2024(g)	5/10/2023		(1	)		(57	)
	34,172	6643216, 5.14%, 11/5/2024(g)	5/10/2023		34,139			959
	5,979	6645328, 5.92%, 11/7/2024(g)	5/11/2023		5,973			3,182
	6,293	6645685, 4.61%, 11/7/2024(g)	5/11/2023		6,291			142
	5,376	6646551, 5.49%, 11/8/2024(g)	5/11/2023		5,367			1,277
	46,750	6647803, 4.60%, 11/8/2024(g)	5/11/2023		46,740			1,035
	1,466	6648955, 5.49%, 11/8/2024(g)	5/11/2023		1,463			755
	2,499	6649104, 5.12%, 11/8/2024(g)	5/11/2023		2,498			55
	1,191	6650942, 5.92%, 11/9/2024(g)	5/12/2023		1,189			644
	134	6650998, 6.11%, 11/9/2024(g)	5/12/2023		134			22
	249	6651011, 6.32%, 11/9/2024(g)	5/12/2023		248			50
	4,254	6651531, 5.91%, 11/9/2024(g)	5/12/2023		4,227			2,337
	965	6652580, 5.31%, 11/9/2024(g)	5/12/2023		963			190
	147	6653514, 6.07%, 11/10/2024(g)	5/15/2023		142			84
	6,488	6654602, 5.67%, 11/10/2024(g)	5/15/2023		6,463			147
	6,358	6654721, 5.67%, 11/10/2024(g)	5/15/2023		6,340			1,466
	528	6655086, 6.18%, 11/10/2024(g)	5/15/2023		525			8
	3,572	6655552, 6.06%, 11/10/2024(g)	5/15/2023		3,570			72
	7,661	6655798, 4.87%, 11/10/2024(g)	5/15/2023		7,638			4,954
	164	6659412, 4.89%, 11/11/2024(g)	5/16/2023		164			92
	350	6659438, 5.39%, 11/11/2024(g)	5/16/2023		349			5
	2,176	6660254, 5.32%, 11/11/2024(g)	5/16/2023		2,162			1,333
	21,135	6661915, 4.56%, 11/12/2024(g)	5/17/2023		21,122			3,305
	1,136	6662097, 6.34%, 11/12/2024(g)	5/17/2023		1,135			223
	187	6662951, 5.18%, 11/12/2024(g)	5/17/2023		184			38
	6,837	6663046, 4.38%, 11/12/2024(g)	5/17/2023		6,833			815
	3,951	6664534, 5.60%, 11/12/2024(g)	5/17/2023		3,941			2,055
	783	6664899, 4.80%, 11/13/2024(g)	5/18/2023		782			194
	308	6664922, 4.28%, 11/13/2024(g)	5/18/2023		307			204
	829	6664944, 5.76%, 11/13/2024(g)	5/18/2023		827			177
	1,045	6664974, 5.05%, 11/13/2024(g)	5/18/2023		1,041			169
	670	6665753, 5.50%, 11/14/2024(g)	5/18/2023		667			403
	13,316	6667599, 5.83%, 11/15/2024(g)	5/18/2023		13,294			277
	655	6668045, 4.27%, 11/15/2024(g)	5/18/2023		654			153
	18,767	6668071, 5.58%, 11/15/2024(g)	5/18/2023		18,748			440
	852	6668329, 5.97%, 11/15/2024(g)	5/18/2023		851			148
	5,145	6668354, 4.54%, 11/15/2024(g)	5/18/2023		5,143			919
	811	6668613, 5.60%, 11/15/2024(g)	5/18/2023		810			16
	9,638	6668876, 4.97%, 11/15/2024(g)	5/18/2023		9,632			221

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 45

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	377	6669419, 5.59%, 11/15/2024(g)	5/18/2023		376	$	83
	465	6669849, 5.05%, 11/15/2024(g)	5/18/2023		464		223
	923	6671250, 5.72%, 11/16/2024(g)	5/19/2023		922		174
	88	6671821, 5.03%, 11/16/2024(g)	5/19/2023		87		51
	2,146	6673200, 5.67%, 11/16/2024(g)	5/19/2023		2,144		498
	3,357	6673722, 5.34%, 11/17/2024(g)	5/22/2023		3,348		1,907
	66	6673997, 5.73%, 11/17/2024(g)	5/22/2023		38		12
	2,009	6675691, 5.34%, 11/17/2024(g)	5/22/2023		1,997		1,156
	1,281	6676413, 5.02%, 11/17/2024(g)	5/22/2023		1,280		257
	3,250	6678668, 4.56%, 11/18/2024(g)	5/23/2023		3,248		1,812
	1,940	6682699, 5.06%, 11/19/2024(g)	5/24/2023		1,938		45
	1,392	6683143, 5.18%, 11/19/2024(g)	5/24/2023		1,380		851
	309	6683494, 5.76%, 11/19/2024(g)	5/24/2023		308		7
	5,522	6684137, 5.17%, 11/19/2024(g)	5/24/2023		5,518		72
	645	6685955, 5.35%, 11/21/2024(g)	5/25/2023		644		106
	3,102	6686053, 4.28%, 11/21/2024(g)	5/25/2023		3,099		102
	4,985	6686084, 4.37%, 11/21/2024(g)	5/25/2023		4,980		2,325
	182	6688594, 5.33%, 11/22/2024(g)	5/25/2023		181		49
	595	6690061, 5.96%, 11/23/2024(g)	5/26/2023		594		298
	265	6690652, 5.59%, 11/23/2024(g)	5/26/2023		264		148
	331	6691354, 5.03%, 11/23/2024(g)	5/26/2023		331		8
	374	6691766, 4.55%, 11/23/2024(g)	5/26/2023		374		216
	380	6691920, 5.81%, 11/23/2024(g)	5/26/2023		379		230
	900	6692438, 5.04%, 11/23/2024(g)	5/26/2023		899		28
	13,909	6693994, 4.97%, 11/24/2024(g)	5/30/2023		13,899		245
	1,260	6695161, 5.04%, 11/24/2024(g)	5/30/2023		1,258		17
	511	6702371, 4.58%, 11/25/2024(g)	5/31/2023		511		287
	8,190	6703426, 5.86%, 11/25/2024(g)	5/31/2023		8,184		196
	1,016	6704206, 6.01%, 11/26/2024(g)	6/1/2023		1,014		32
	16,785	6705446, 4.29%, 11/26/2024(g)	6/1/2023		16,769		9,730
	13,024	6706436, 5.19%, 11/26/2024(g)	6/1/2023		13,021		178
	7,676	6706628, 5.77%, 11/26/2024(g)	6/1/2023		7,672		190
	1,323	6707504, 5.19%, 11/27/2024(g)	6/2/2023		1,322		899
	1,934	6708008, 5.39%, 11/28/2024(g)	6/2/2023		1,933		11
	1,106	6708325, 4.89%, 11/28/2024(g)	6/2/2023		1,106		294
	197	6708986, 5.36%, 11/29/2024(g)	6/2/2023		197		3
	6,534	6709400, 6.17%, 11/29/2024(g)	6/2/2023		6,525		196
	2,730	6713717, 5.13%, 11/30/2024(g)	6/5/2023		2,722		87
	276	6714772, 6.15%, 11/30/2024(g)	6/5/2023		273		168
	9,907	6715268, 4.61%, 11/30/2024(g)	6/5/2023		9,902		2,556
	539	6715766, 5.92%, 11/30/2024(g)	6/5/2023		538		328
	1,279	6719701, 5.68%, 12/1/2024(g)	6/6/2023		1,279		19
	750	6721082, 5.38%, 12/1/2024(g)	6/6/2023		749		6
	17,164	6721293, 5.15%, 12/1/2024(g)	6/6/2023		17,151		562
	4,587	6721958, 4.90%, 12/1/2024(g)	6/6/2023		4,586		107

See Notes to Financial Statements.

46 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	8,683	6722582, 5.95%, 12/2/2024(g)	6/7/2023		8,678	$	2,090
	3,303	6724290, 5.15%, 12/2/2024(g)	6/7/2023		3,300		103
	2,146	6724441, 5.15%, 12/2/2024(g)	6/7/2023		2,143		61
	3,074	6724532, 6.19%, 12/2/2024(g)	6/7/2023		3,073		53
	15,194	6724690, 5.39%, 12/2/2024(g)	6/7/2023		15,182		308
	34,551	6724971, 5.33%, 12/2/2024(g)	6/7/2023		34,533		1,010
	8,527	6725489, 4.62%, 12/2/2024	6/7/2023		8,518		5,137
	438	6730621, 5.41%, 12/6/2024(g)	6/9/2023		438		6
	12,437	6736806, 6.08%, 12/7/2024(g)	6/12/2023		12,411		489
	1,056	6739625, 4.90%, 12/8/2024(g)	6/13/2023		1,054		652
	2,808	6739781, 5.52%, 12/8/2024(g)	6/13/2023		2,806		92
	145	6740503, 5.50%, 12/8/2024	6/13/2023		145		76
	1,239	6740525, 6.34%, 12/8/2024(g)	6/13/2023		1,237		579
	563	6741202, 5.40%, 12/8/2024(g)	6/13/2023		562		18
	960	6744511, 5.73%, 12/9/2024(g)	6/14/2023		959		10
	892	6745276, 4.89%, 12/9/2024(g)	6/14/2023		892		550
	2,702	6746034, 5.94%, 12/9/2024(g)	6/14/2023		2,700		622
	642	6746109, 6.19%, 12/9/2024	6/14/2023		641		351
	4,762	6747564, 5.32%, 12/11/2024(g)	6/15/2023		4,759		2,847
	2,716	6747620, 5.51%, 12/11/2024(g)	6/15/2023		2,715		59
	1,371	6747977, 4.91%, 12/11/2024(g)	6/15/2023		1,370		704
	429	6748574, 5.90%, 12/12/2024	6/15/2023		428		105
	279	6749159, 5.92%, 12/12/2024	6/15/2023		277		178
	4,996	6751250, 5.31%, 12/12/2024(g)	6/15/2023		4,992		1,419
	601	6751513, 5.38%, 12/12/2024	6/15/2023		599		311
	267	6753305, 5.32%, 12/13/2024	6/16/2023		266		154
	2,456	6753332, 5.31%, 12/13/2024(g)	6/16/2023		2,455		48
	2,603	6764271, 6.21%, 12/15/2024(g)	6/21/2023		2,603		41
	3,918	6764545, 5.63%, 12/15/2024	6/21/2023		3,917		1,133
	2,345	6765680, 5.70%, 12/16/2024(g)	6/22/2023		2,344		21
	974	6765725, 4.83%, 12/16/2024	6/22/2023		971		614
	2,909	6765895, 5.37%, 12/16/2024(g)	6/22/2023		2,908		75
	2,604	6766445, 5.63%, 12/16/2024(g)	6/22/2023		2,603		78
	518	6766650, 5.20%, 12/16/2024	6/22/2023		516		329
	947	6768045, 6.02%, 12/16/2024	6/22/2023		941		657
	1,371	6769049, 4.58%, 12/17/2024	6/23/2023		1,370		959
	652	6769197, 5.39%, 12/17/2024	6/23/2023		650		403
	1,056	6769750, 5.86%, 12/18/2024(g)	6/23/2023		1,055		28
	891	6770041, 5.00%, 12/18/2024	6/23/2023		885		625
	4,066	6770155, 6.02%, 12/18/2024(g)	6/23/2023		4,000		104
	1,318	6770481, 5.60%, 12/19/2024	6/23/2023		1,317		838
	2,188	6770505, 4.56%, 12/19/2024	6/23/2023		2,186		1,512
	608	6770813, 5.17%, 12/19/2024	6/23/2023		608		347
	1,655	6770969, 4.98%, 12/19/2024	6/23/2023		1,653		937
	1,006	6772546, 5.83%, 12/20/2024	6/23/2023		1,004		576

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 47

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	25,363	6772614, 5.84%, 12/20/2024(g)	6/23/2023		25,352	$	539
	1,665	6773434, 5.67%, 12/20/2024(g)	6/23/2023		1,664		56
	7,013	6773876, 4.28%, 12/20/2024(g)	6/23/2023		7,010		236
	10,267	6775985, 4.61%, 12/21/2024(g)	6/26/2023		10,255		6,767
	1,400	6776747, 4.28%, 12/21/2024	6/26/2023		1,398		842
	511	6780245, 5.62%, 12/22/2024(g)	6/27/2023		510		15
	3,250	6781590, 5.86%, 12/22/2024(g)	6/27/2023		3,244		1,423
	813	6781751, 4.56%, 12/22/2024(g)	6/27/2023		813		25
	5,222	6782163, 5.00%, 12/22/2024(g)	6/27/2023		5,218		226
	1,477	6783278, 4.30%, 12/23/2024	6/28/2023		1,476		1,040
	394	6783481, 4.83%, 12/23/2024(g)	6/28/2023		393		15
	23,061	6783721, 5.19%, 12/23/2024(g)	6/28/2023		23,054		286
	577	6784371, 4.87%, 12/23/2024(g)	6/28/2023		576		12
	518	6787018, 5.37%, 12/25/2024	6/29/2023		516		323
	20,972	6787162, 6.00%, 12/25/2024(g)	6/29/2023		20,812		243
	6,369	6790663, 4.55%, 12/26/2024(g)	6/29/2023		6,367		263
	12,899	6791512, 4.80%, 12/27/2024	6/30/2023		12,873		7,402
	215	6794368, 5.34%, 12/27/2024	6/30/2023		214		157
	9	6794461, 5.34%, 12/27/2024	6/30/2023		8		4
	456	6795973, 4.97%, 12/28/2024(g)	7/3/2023		452		274
	124	6797081, 5.98%, 12/28/2024	7/3/2023		124		72
	1,624	6800588, 6.35%, 12/29/2024	7/5/2023		1,619		906
	29,042	6801417, 5.52%, 12/29/2024(g)	7/5/2023		29,018		998
	6,175	6802913, 4.90%, 12/29/2024	7/5/2023		6,171		4,367
	635	6803150, 4.62%, 12/29/2024	7/5/2023		633		381
	524	6804718, 5.53%, 12/30/2024	7/6/2023		521		297
	5,750	6804820, 4.91%, 12/30/2024(g)	7/6/2023		5,745		178
	1,174	6805385, 5.95%, 12/30/2024(g)	7/6/2023		1,169		36
	601	6805414, 4.91%, 12/30/2024(g)	7/6/2023		594		339
	2,975	6806574, 5.53%, 12/30/2024	7/6/2023		2,971		2,131
	1,357	6806884, 5.16%, 12/30/2024	7/6/2023		1,355		896
	784	6807932, 5.16%, 12/30/2024	7/6/2023		784		435
	339	6808329, 6.07%, 1/1/2025	7/7/2023		339		163
	1,833	6808771, 5.96%, 1/1/2025(g)	7/7/2023		1,832		28
	2,988	6809095, 4.89%, 1/2/2025(g)	7/7/2023		2,987		1,703
	110	6809333, 5.32%, 1/2/2025	7/7/2023		110		77
	562	6809533, 4.92%, 1/2/2025	7/7/2023		562		321
	397	6809539, 4.71%, 1/2/2025(g)	7/7/2023		397		164
	320	6809634, 5.14%, 1/2/2025	7/7/2023		319		229
	2,516	6809656, 5.14%, 1/2/2025	7/7/2023		2,513		1,749
	1,574	6809872, 5.70%, 1/3/2025(g)	7/7/2023		1,574		35
	1,024	6810302, 5.37%, 1/3/2025(g)	7/7/2023		1,020		26
	9,737	6811690, 4.88%, 1/3/2025	7/7/2023		9,731		6,711
	1,577	6812649, 5.31%, 1/3/2025(g)	7/7/2023		1,576		53
	8,163	6812677, 5.68%, 1/3/2025(g)	7/7/2023		8,156		305

See Notes to Financial Statements.

48 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	890	6812789, 5.93%, 1/3/2025	7/7/2023		890		$	509
	1,508	6812799, 5.94%, 1/3/2025(g)	7/7/2023		1,507			25
	115	6813908, 6.16%, 1/4/2025	7/10/2023		114			68
	129	6814006, 5.89%, 1/4/2025	7/10/2023		128			79
	640	6814295, 6.05%, 1/5/2025	7/10/2023		639			305
	1,515	6814442, 5.91%, 1/5/2025(g)	7/10/2023		1,502			41
	3,956	6814894, 5.37%, 1/5/2025(g)	7/10/2023		3,954			61
	3,892	6815434, 4.60%, 1/5/2025	7/10/2023		3,890			2,297
	223	6815707, 4.73%, 1/5/2025(g)	7/10/2023		220			8
	6,038	6815755, 5.12%, 1/5/2025	7/10/2023		6,007			4,420
	425	6816937, 5.48%, 1/5/2025	7/10/2023		418			254
	–	6817039, 5.12%, 1/5/2025	7/10/2023		(6	)		(258	)
	561	6817177, 6.17%, 1/5/2025	7/10/2023		557			351
	1,430	6817210, 6.16%, 1/5/2025	7/10/2023		1,429			630
	624	6817223, 5.49%, 1/5/2025	7/10/2023		623			343
	867	6819003, 6.34%, 1/6/2025(g)	7/11/2023		866			420
	1,157	6820391, 4.70%, 1/6/2025(g)	7/11/2023		1,156			7
	2,058	6821905, 5.32%, 1/6/2025(g)	7/11/2023		2,053			1,447
	3,261	6824633, 6.09%, 1/7/2025(g)	7/12/2023		3,258			106
	887	6824779, 6.33%, 1/7/2025(g)	7/12/2023		886			15
	4,988	6826326, 5.93%, 1/8/2025(g)	7/13/2023		4,985			119
	2,323	6826542, 4.70%, 1/8/2025(g)	7/13/2023		2,320			80
	3,442	6826630, 6.17%, 1/9/2025	7/13/2023		3,435			1,653
	691	6826914, 5.37%, 1/9/2025	7/13/2023		690			285
	2,179	6828216, 5.67%, 1/10/2025	7/13/2023		2,177			1,438
	122	6829046, 6.05%, 1/10/2025	7/13/2023		121			73
	3,155	6829358, 4.69%, 1/10/2025(g)	7/13/2023		3,148			1,667
	7,547	6829460, 6.31%, 1/10/2025(g)	7/13/2023		7,541			250
	470	6829488, 6.06%, 1/10/2025	7/13/2023		469			212
	756	6829502, 5.30%, 1/10/2025(g)	7/13/2023		755			21
	1,200	6830330, 6.16%, 1/10/2025(g)	7/13/2023		1,199			28
	4,377	6830787, 4.88%, 1/11/2025(g)	7/14/2023		4,374			175
	938	6830857, 4.88%, 1/11/2025	7/14/2023		937			643
	12,570	6830943, 5.67%, 1/11/2025	7/14/2023		12,562			8,813
	3,057	6831618, 5.48%, 1/11/2025(g)	7/14/2023		3,055			118
	815	6831663, 5.37%, 1/11/2025(g)	7/14/2023		813			13
	1,950	6831708, 4.59%, 1/11/2025	7/14/2023		1,949			1,327
	4,648	6833232, 5.67%, 1/11/2025(g)	7/14/2023		4,646			64
	1,161	6834961, 5.67%, 1/12/2025	7/17/2023		1,159			684
	1,673	6836551, 5.48%, 1/12/2025	7/17/2023		1,672			1,099
	1,974	6838744, 5.38%, 1/13/2025	7/18/2023		1,973			1,083
	3,320	6839655, 6.19%, 1/13/2025(g)	7/18/2023		3,312			98
	3,793	6840557, 6.17%, 1/13/2025(g)	7/18/2023		3,791			52
	25,815	6840849, 5.51%, 1/13/2025(g)	7/18/2023		25,805			666
	2,776	6841743, 5.14%, 1/13/2025	7/18/2023		2,772			1,811

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 49

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	454	6844070, 6.33%, 1/14/2025	7/19/2023		453		$	254
	763	6844980, 4.72%, 1/14/2025(g)	7/19/2023		762			368
	946	6846076, 5.39%, 1/15/2025(g)	7/20/2023		945			29
	432	6846372, 4.55%, 1/16/2025	7/20/2023		431			338
	12,459	6846388, 5.31%, 1/16/2025	7/20/2023		12,450			8,539
	67	6846425, 4.38%, 1/16/2025	7/20/2023		67			33
	1,354	6846668, 5.35%, 1/16/2025(g)	7/20/2023		1,352			139
	2,984	6846764, 5.16%, 1/16/2025(g)	7/20/2023		2,982			149
	26,085	6848305, 5.16%, 1/17/2025(g)	7/20/2023		26,052			839
	160	6848382, 5.67%, 1/17/2025	7/20/2023		160			110
	14	6849171, 5.92%, 1/17/2025	7/20/2023		13			8
	1,563	6851977, 4.78%, 1/18/2025	7/21/2023		1,562			888
	10,937	6852483, 5.30%, 1/18/2025(g)	7/21/2023		10,933			265
	961	6853044, 4.55%, 1/18/2025(g)	7/21/2023		961			34
	3,340	6854846, 4.36%, 1/19/2025(g)	7/24/2023		3,310			1,725
	5,176	6855276, 5.58%, 1/19/2025(g)	7/24/2023		5,157			154
	118	6855302, 4.32%, 1/19/2025	7/24/2023		118			77
	1,700	6856246, 4.97%, 1/19/2025	7/24/2023		1,700			949
	3,999	6860398, 4.81%, 1/20/2025	7/25/2023		3,998			2,231
	8,057	6860926, 4.99%, 1/20/2025(g)	7/25/2023		8,055			175
	3,103	6861740, 5.17%, 1/21/2025(g)	7/26/2023		3,101			87
	3,807	6862071, 4.29%, 1/21/2025	7/26/2023		3,803			2,650
	1,013	6864685, 5.36%, 1/22/2025	7/27/2023		1,012			545
	750	6865179, 4.80%, 1/22/2025	7/27/2023		749			455
	537	6865452, 4.79%, 1/23/2025	7/27/2023		536			327
	1,097	6865672, 5.59%, 1/23/2025(g)	7/27/2023		1,095			128
	1,885	6866203, 5.35%, 1/24/2025(g)	7/27/2023		1,883			26
	4,910	6866409, 4.27%, 1/24/2025	7/27/2023		4,903			3,633
	216	6867016, 4.98%, 1/24/2025	7/27/2023		214			126
	550	6867029, 4.54%, 1/24/2025	7/27/2023		545			495
	374	6867173, 5.35%, 1/24/2025	7/27/2023		373			252
	571	6867875, 5.03%, 1/24/2025	7/27/2023		570			290
	34,379	6867901, 4.55%, 1/24/2025(g)	7/27/2023		34,359			1,504
	565	6868125, 4.98%, 1/24/2025(g)	7/27/2023		564			124
	1,175	6868136, 5.35%, 1/24/2025(g)	7/27/2023		1,175			24
	7,051	6868541, 4.36%, 1/24/2025(g)	7/27/2023		7,049			58
	949	6868590, 4.56%, 1/24/2025	7/27/2023		948			572
	–	6868625, 5.58%, 1/24/2025	7/27/2023		(1	)		(2	)
	1,356	6869027, 5.34%, 1/24/2025(g)	7/27/2023		1,354			844
	3,466	6869204, 5.16%, 1/24/2025	7/27/2023		3,463			2,346
	14,395	6869571, 4.79%, 1/25/2025	7/28/2023		14,367			9,313
	5,891	6871034, 4.55%, 1/25/2025(g)	7/28/2023		5,888			206
	6,858	6871210, 5.34%, 1/25/2025(g)	7/28/2023		6,849			697
	2,875	6871954, 4.79%, 1/25/2025(g)	7/28/2023		2,874			154
	12,261	6873598, 4.97%, 1/26/2025(g)	7/31/2023		12,213			8,563

See Notes to Financial Statements.

50 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	7,575	6874356, 5.34%, 1/26/2025(g)	7/31/2023		7,563	$	4,471
	463	6877673, 4.39%, 1/27/2025	8/1/2023		462		235
	2,704	6878455, 5.59%, 1/27/2025(g)	8/1/2023		2,703		64
	4,651	6879489, 4.38%, 1/27/2025(g)	8/1/2023		4,646		149
	6,050	6880096, 4.99%, 1/27/2025(g)	8/1/2023		6,047		280
	7,429	6880164, 5.75%, 1/27/2025(g)	8/1/2023		7,426		75
	7,222	6880338, 4.29%, 1/27/2025	8/1/2023		7,220		4,105
	994	6882349, 4.55%, 1/28/2025(g)	8/2/2023		993		30
	4,612	6882483, 4.45%, 1/28/2025	8/2/2023		4,611		2,963
	27,349	6883819, 4.97%, 1/28/2025(g)	8/2/2023		27,340		972
	3,272	6884424, 5.52%, 1/29/2025(g)	8/3/2023		3,271		79
	1,701	6884452, 4.45%, 1/29/2025(g)	8/3/2023		1,699		1,252
	9,286	6884753, 4.54%, 1/29/2025(g)	8/3/2023		9,279		186
	4,409	6885184, 5.51%, 1/30/2025(g)	8/3/2023		4,402		734
	917	6885291, 5.21%, 1/30/2025	8/3/2023		914		589
	452	6887112, 5.32%, 1/31/2025	8/3/2023		450		391
	2,204	6888085, 5.14%, 1/31/2025	8/3/2023		2,204		1,463
	1,151	6889208, 4.44%, 1/31/2025	8/3/2023		1,149		951
	781	6889532, 6.14%, 2/1/2025(g)	8/4/2023		778		396
	2,259	6890726, 5.20%, 2/1/2025(g)	8/4/2023		2,258		781
	3,640	6890848, 4.43%, 2/1/2025(g)	8/4/2023		3,639		413
	204	6891491, 5.23%, 2/1/2025	8/4/2023		204		78
	160	6892638, 5.76%, 2/1/2025	8/4/2023		160		120
	21,531	6901190, 5.34%, 2/4/2025(g)	8/9/2023		21,522		651
	2,394	6902833, 5.78%, 2/4/2025	8/9/2023		2,392		1,307
	1,370	6903729, 4.72%, 2/4/2025(g)	8/9/2023		1,369		968
	3,015	6905159, 4.72%, 2/6/2025(g)	8/10/2023		3,013		115
	12,178	6906633, 5.99%, 2/7/2025(g)	8/10/2023		12,171		338
	150	6907029, 5.51%, 2/7/2025	8/10/2023		149		127
	4,580	6907280, 5.75%, 2/7/2025(g)	8/10/2023		4,579		127
	822	6907750, 5.76%, 2/7/2025	8/10/2023		821		331
	1,995	6908030, 6.00%, 2/7/2025(g)	8/10/2023		1,993		63
	4,147	6908252, 6.14%, 2/7/2025(g)	8/10/2023		4,141		383
	330	6910346, 5.14%, 2/8/2025	8/11/2023		320		290
	1,325	6910585, 4.43%, 2/8/2025	8/11/2023		1,324		1,201
	162	6912248, 5.93%, 2/9/2025	8/14/2023		162		111
	294	6913371, 5.50%, 2/9/2025(g)	8/14/2023		293		52
	35,295	6913391, 5.32%, 2/9/2025(g)	8/14/2023		35,230		1,123
	1,655	6913861, 5.98%, 2/9/2025(g)	8/14/2023		1,651		59
	844	6917720, 5.78%, 2/10/2025	8/15/2023		843		560
	6,336	6918749, 5.93%, 2/10/2025(g)	8/15/2023		6,332		76
	417	6919339, 5.93%, 2/11/2025(g)	8/16/2023		416		15
	1,107	6919359, 4.98%, 2/11/2025	8/16/2023		1,099		555
	716	6920523, 5.21%, 2/12/2025(g)	8/17/2023		697		420
	1,522	6920853, 4.45%, 2/12/2025(g)	8/17/2023		1,521		80

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 51

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	1,919	6921240, 4.72%, 2/13/2025	8/17/2023		1,916		$	1,632
	553	6922071, 4.94%, 2/14/2025	8/17/2023		552			396
	2,121	6922170, 4.71%, 2/14/2025	8/17/2023		2,120			1,629
	7,302	6923289, 5.75%, 2/14/2025(g)	8/17/2023		7,297			2,417
	459	6925511, 4.52%, 2/15/2025	8/18/2023		459			260
	2,544	6928999, 5.51%, 2/16/2025(g)	8/21/2023		2,533			268
	953	6933514, 4.96%, 2/17/2025	8/22/2023		952			692
	–	6934082, 6.01%, 2/17/2025	8/22/2023		(522	)		–
	6,669	6934582, 4.45%, 2/17/2025(g)	8/22/2023		6,668			124
	13,304	6934639, 6.17%, 2/17/2025(g)	8/22/2023		13,299			149
	8,894	6934741, 5.77%, 2/17/2025(g)	8/22/2023		8,885			531
	610	6934884, 4.45%, 2/17/2025	8/22/2023		608			595
	2,208	6935039, 6.17%, 2/17/2025(g)	8/22/2023		2,207			28
	9,287	6935182, 5.16%, 2/17/2025(g)	8/22/2023		9,282			580
	13,111	6935520, 5.22%, 2/17/2025(g)	8/22/2023		13,103			314
	330	6936796, 5.52%, 2/17/2025	8/22/2023		330			238
	21,864	6937514, 4.45%, 2/18/2025	8/23/2023		21,834			17,993
	6,845	6938106, 5.16%, 2/18/2025(g)	8/23/2023		6,840			897
	6,028	6938517, 5.53%, 2/18/2025(g)	8/23/2023		6,024			140
	2,714	6939015, 5.22%, 2/18/2025(g)	8/23/2023		2,712			79
	310	6940508, 4.98%, 2/18/2025	8/23/2023		309			264
	605	6942620, 5.33%, 2/20/2025	8/24/2023		603			525
	864	6943811, 6.02%, 2/21/2025(g)	8/24/2023		864			8
	1,695	6946482, 5.89%, 2/21/2025(g)	8/24/2023		1,693			54
	1,762	6946515, 5.14%, 2/21/2025	8/24/2023		1,758			1,504
	26,172	6946771, 4.43%, 2/22/2025	8/25/2023		26,164			16,018
	1,796	6949021, 5.20%, 2/22/2025(g)	8/25/2023		1,790			287
	8,748	6949765, 5.14%, 2/22/2025(g)	8/25/2023		8,744			5,698
	30	6949858, 5.20%, 2/22/2025	8/25/2023		27			18
	335	6949970, 6.14%, 2/22/2025	8/25/2023		333			276
	2,087	6950345, 5.21%, 2/23/2025(g)	8/28/2023		2,086			12
	334	6950797, 5.89%, 2/23/2025	8/28/2023		333			204
	2,074	6951451, 5.14%, 2/23/2025	8/28/2023		2,073			1,489
	1,093	6954812, 6.02%, 2/24/2025(g)	8/29/2023		1,092			294
	566	6955140, 5.76%, 2/24/2025	8/29/2023		564			431
	6,619	6955377, 4.45%, 2/24/2025	8/29/2023		6,618			2,505
	4,066	6958530, 5.92%, 2/25/2025(g)	8/30/2023		4,063			52
	1,465	6959286, 5.22%, 2/25/2025(g)	8/30/2023		1,463			28
	4,103	6959571, 4.73%, 2/25/2025(g)	8/30/2023		4,101			172
	11,288	6962858, 4.73%, 2/26/2025(g)	8/31/2023		11,285			221
	280	6962912, 4.45%, 2/26/2025	8/31/2023		276			274
	2,160	6963058, 4.97%, 2/27/2025	8/31/2023		2,158			1,495
	2,521	6963271, 5.20%, 2/27/2025(g)	8/31/2023		2,518			146
	5,872	6963600, 5.15%, 2/27/2025(g)	8/31/2023		5,845			3,374
	177	6963931, 5.24%, 2/28/2025	8/31/2023		177			75

See Notes to Financial Statements.

52 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,359	6964090, 5.50%, 2/28/2025(g)	8/31/2023		1,358	$	41
	29,603	6965352, 5.99%, 2/28/2025	8/31/2023		29,569		18,436
	3,004	6967024, 5.51%, 2/28/2025	8/31/2023		3,001		1,174
	5,204	6967628, 5.21%, 2/28/2025(g)	9/1/2023		5,202		54
	2,145	6967905, 4.71%, 2/28/2025	9/1/2023		2,144		1,614
	12,584	6968314, 5.15%, 2/28/2025(g)	9/1/2023		12,574		159
	1,202	6968812, 4.45%, 2/28/2025	9/1/2023		1,202		958
	6,859	6968838, 6.00%, 2/28/2025	9/1/2023		6,845		2,945
	930	6968992, 5.51%, 2/28/2025	9/1/2023		930		607
	1,670	6969305, 5.51%, 2/28/2025	9/1/2023		1,667		1,401
	4,095	6969469, 5.33%, 2/28/2025(g)	9/1/2023		4,092		517
	26,809	6970046, 4.53%, 2/28/2025(g)	9/1/2023		26,798		307
	696	6971167, 4.56%, 2/28/2025	9/5/2023		694		287
	151	6971690, 5.34%, 2/28/2025	9/5/2023		150		132
	1,968	6971959, 5.52%, 2/28/2025(g)	9/5/2023		1,967		68
	853	6972141, 5.96%, 2/28/2025(g)	9/5/2023		852		4
	2,479	6972595, 5.77%, 2/28/2025(g)	9/5/2023		2,471		137
	92	6973060, 5.94%, 2/28/2025	9/5/2023		91		40
	11,096	6973119, 4.97%, 2/28/2025(g)	9/5/2023		11,069		212
	363	6978459, 5.81%, 2/28/2025	9/6/2023		350		338
	1,050	6979770, 5.25%, 2/28/2025(g)	9/6/2023		1,049		8
	447	6982680, 6.20%, 3/1/2025	9/7/2023		447		180
	1,639	6984384, 5.38%, 3/1/2025(g)	9/7/2023		1,639		153
	3,245	6985170, 5.01%, 3/2/2025	9/8/2023		3,242		2,360
	1,459	6985575, 5.18%, 3/3/2025(g)	9/8/2023		1,458		197
	4,883	6985597, 5.56%, 3/3/2025	9/8/2023		4,880		3,427
	4,185	6985670, 6.05%, 3/3/2025(g)	9/8/2023		4,179		405
	1,005	6985904, 5.00%, 3/3/2025	9/8/2023		1,003		841
	349	6986742, 5.36%, 3/4/2025	9/8/2023		345		300
	2,007	6987030, 5.36%, 3/4/2025(g)	9/8/2023		2,006		1,024
	517	6988475, 5.52%, 3/5/2025	9/8/2023		516		422
	22,455	6989240, 5.17%, 3/5/2025(g)	9/8/2023		22,447		489
	312	6989812, 6.02%, 3/5/2025	9/8/2023		310		256
	274	6990306, 6.03%, 3/5/2025	9/8/2023		273		227
	2,574	6990544, 4.98%, 3/6/2025	9/11/2023		2,567		2,110
	8,103	6990588, 6.02%, 3/6/2025(g)	9/11/2023		8,081		632
	7,518	6990973, 5.78%, 3/6/2025(g)	9/11/2023		7,489		5,478
	1,233	6991170, 5.17%, 3/6/2025	9/11/2023		1,231		609
	6,313	6991309, 6.03%, 3/6/2025(g)	9/11/2023		6,303		115
	2,955	6991651, 5.53%, 3/6/2025(g)	9/11/2023		2,951		72
	481	6992982, 6.03%, 3/6/2025	9/11/2023		463		415
	2,386	6993164, 4.46%, 3/6/2025	9/11/2023		2,379		2,121
	1,308	6993283, 4.45%, 3/6/2025	9/11/2023		1,308		934
	1,366	6996513, 4.75%, 3/7/2025	9/12/2023		1,364		1,254
	239	6997298, 4.57%, 3/7/2025(g)	9/12/2023		239		8

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 53

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	26,670	7002304, 5.56%, 3/8/2025(g)	9/14/2023		26,565	$	754
	3,507	7003084, 5.37%, 3/9/2025	9/14/2023		3,489		2,922
	2,357	7003765, 5.25%, 3/10/2025(g)	9/14/2023		2,356		42
	5,897	7003785, 5.36%, 3/10/2025(g)	9/14/2023		5,893		140
	1,839	7003882, 5.79%, 3/10/2025	9/14/2023		1,836		1,039
	3,834	7004530, 4.74%, 3/11/2025	9/14/2023		3,832		2,915
	784	7005459, 5.80%, 3/11/2025(g)	9/14/2023		784		464
	1,953	7005795, 4.74%, 3/11/2025	9/14/2023		1,947		1,628
	813	7005889, 4.98%, 3/11/2025	9/14/2023		813		562
	377	7005898, 5.80%, 3/11/2025	9/14/2023		377		242
	482	7005960, 4.46%, 3/11/2025	9/14/2023		482		454
	2,143	7006070, 6.18%, 3/11/2025	9/14/2023		2,141		1,141
	8,135	7006302, 4.74%, 3/11/2025(g)	9/14/2023		8,133		222
	3,460	7006360, 5.78%, 3/11/2025	9/14/2023		3,457		2,147
	168	7006584, 5.22%, 3/11/2025	9/14/2023		167		125
	1,359	7006615, 6.02%, 3/11/2025	9/14/2023		1,358		701
	492	7007515, 5.36%, 3/12/2025(g)	9/15/2023		491		123
	3,543	7009622, 5.78%, 3/12/2025	9/15/2023		3,538		2,881
	1,118	7010030, 5.79%, 3/12/2025(g)	9/15/2023		1,118		17
	1,216	7010039, 4.98%, 3/12/2025	9/15/2023		1,215		1,018
	3,650	7010153, 4.98%, 3/12/2025	9/15/2023		3,648		2,045
	402	7011562, 5.53%, 3/13/2025	9/18/2023		400		382
	1,641	7011821, 4.46%, 3/13/2025(g)	9/18/2023		1,640		30
	2,845	7016550, 4.75%, 3/14/2025	9/19/2023		2,840		1,617
	3,871	7016890, 5.37%, 3/14/2025	9/19/2023		3,868		2,162
	3,531	7018674, 5.56%, 3/14/2025	9/19/2023		3,528		2,473
	330	7020642, 5.55%, 3/15/2025	9/20/2023		326		267
	1,145	7021724, 5.57%, 3/15/2025	9/20/2023		1,144		577
	3,592	7021742, 5.81%, 3/15/2025	9/20/2023		3,588		2,759
	3,187	7022046, 5.19%, 3/15/2025(g)	9/20/2023		3,185		70
	16,591	7022109, 6.05%, 3/15/2025	9/20/2023		16,578		6,895
	281	7024059, 6.04%, 3/15/2025	9/20/2023		281		183
	1,598	7024719, 5.55%, 3/16/2025	9/21/2023		1,594		1,251
	1,798	7025005, 6.04%, 3/16/2025(g)	9/21/2023		1,798		609
	358	7025257, 4.52%, 3/16/2025(g)	9/21/2023		358		6
	1,110	7025259, 4.75%, 3/16/2025	9/21/2023		1,108		854
	673	7025278, 5.20%, 3/16/2025	9/21/2023		672		551
	280	7025558, 5.19%, 3/17/2025	9/21/2023		279		230
	2,922	7025607, 5.36%, 3/17/2025	9/21/2023		2,919		1,985
	221	7026115, 5.54%, 3/17/2025	9/21/2023		219		160
	3,212	7027415, 6.18%, 3/18/2025(g)	9/21/2023		3,210		155
	8,537	7028904, 4.98%, 3/18/2025(g)	9/21/2023		8,534		229
	3,047	7029761, 4.73%, 3/18/2025	9/21/2023		3,044		2,227
	113	7029953, 5.79%, 3/18/2025	9/21/2023		113		93
	1,197	7029991, 5.17%, 3/18/2025	9/21/2023		1,196		856

See Notes to Financial Statements.

54 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	39,814	7030066, 5.35%, 3/18/2025(g)	9/21/2023		39,799	$	790
	3,539	7030448, 5.35%, 3/19/2025(g)	9/22/2023		3,537		1,941
	961	7031726, 5.24%, 3/19/2025(g)	9/22/2023		961		22
	215	7032360, 5.55%, 3/19/2025	9/22/2023		215		163
	7,214	7033434, 5.93%, 3/19/2025(g)	9/22/2023		7,210		134
	1,941	7033749, 5.23%, 3/19/2025(g)	9/22/2023		1,939		58
	1,631	7035103, 5.18%, 3/20/2025	9/25/2023		1,631		716
	1,121	7036516, 4.46%, 3/20/2025	9/25/2023		1,119		1,068
	110	7041401, 5.18%, 3/21/2025	9/26/2023		110		104
	4,462	7041483, 5.18%, 3/21/2025	9/26/2023		4,458		2,271
	938	7042928, 5.81%, 3/21/2025(g)	9/26/2023		938		630
	6,193	7043433, 5.56%, 3/21/2025(g)	9/26/2023		6,177		5,051
	84	7044753, 5.01%, 3/22/2025	9/27/2023		83		71
	5,654	7045841, 5.25%, 3/22/2025(g)	9/27/2023		5,652		78
	717	7046032, 6.05%, 3/22/2025	9/27/2023		715		588
	3,006	7046738, 5.18%, 3/22/2025(g)	9/27/2023		3,005		59
	250	7047064, 5.01%, 3/23/2025	9/28/2023		249		245
	1,304	7047345, 6.04%, 3/23/2025	9/28/2023		1,303		579
	836	7048088, 5.53%, 3/24/2025(g)	9/28/2023		836		12
	631	7048372, 5.17%, 3/24/2025	9/28/2023		630		546
	2,614	7048584, 4.99%, 3/24/2025	9/28/2023		2,613		1,803
	402	7049813, 5.94%, 3/25/2025	9/28/2023		402		245
	1,344	7050979, 6.03%, 3/25/2025	9/28/2023		1,341		776
	3,027	7051557, 4.73%, 3/25/2025(g)	9/28/2023		3,026		51
	2,817	7051789, 6.02%, 3/25/2025(g)	9/28/2023		2,816		1,460
	858	7052670, 5.24%, 3/25/2025	9/28/2023		857		396
	2,953	7052764, 5.35%, 3/26/2025	9/29/2023		2,951		2,197
	33,516	7052801, 5.35%, 3/26/2025(g)	9/29/2023		33,495		24,961
	827	7054665, 5.17%, 3/26/2025	9/29/2023		826		616
	233	7055651, 5.79%, 3/26/2025	9/29/2023		231		190
	3,058	7056043, 5.78%, 3/27/2025(g)	10/2/2023		3,057		47
	1,940	7056672, 5.35%, 3/27/2025	10/2/2023		1,930		1,682
	461	7057821, 5.95%, 3/27/2025	10/2/2023		460		214
	5,677	7058228, 4.98%, 3/27/2025	10/2/2023		5,664		4,406
	1,234	7060904, 4.75%, 3/28/2025	10/3/2023		1,233		1,042
	1,614	7061819, 5.37%, 3/28/2025	10/3/2023		1,611		1,354
	1,724	7064742, 5.00%, 3/29/2025(g)	10/4/2023		1,723		1,271
	3,332	7064932, 5.55%, 3/29/2025(g)	10/4/2023		3,328		73
	359	7065012, 5.81%, 3/29/2025	10/4/2023		359		162
	557	7065034, 5.57%, 3/29/2025	10/4/2023		557		236
	2,133	7065693, 5.37%, 3/29/2025	10/4/2023		2,128		1,913
	1,960	7066652, 5.55%, 3/29/2025(g)	10/4/2023		1,959		21
	796	7067870, 5.01%, 3/29/2025	10/4/2023		795		605
	5,124	7068289, 4.75%, 3/30/2025(g)	10/5/2023		5,117		4,038
	497	7068382, 5.79%, 3/30/2025	10/5/2023		496		326

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 55

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,303	7068485, 5.81%, 3/30/2025(g)	10/5/2023		1,301	$	191
	2,142	7068914, 5.37%, 3/30/2025	10/5/2023		2,125		1,656
	6,186	7069189, 5.54%, 4/1/2025(g)	10/5/2023		6,183		1,683
	1,642	7070204, 5.53%, 4/2/2025	10/5/2023		1,640		1,143
	2,462	7072347, 5.92%, 4/2/2025(g)	10/5/2023		2,459		190
	7,816	7072415, 4.45%, 4/2/2025(g)	10/5/2023		7,813		5,674
	366	7072950, 5.52%, 4/2/2025	10/5/2023		365		326
	6,350	7075737, 5.16%, 4/3/2025(g)	10/6/2023		6,348		178
	498	7078440, 5.22%, 4/4/2025	10/10/2023		497		277
	10,554	7078463, 5.53%, 4/4/2025(g)	10/10/2023		10,545		240
	1,732	7080568, 6.16%, 4/4/2025(g)	10/10/2023		1,730		12
	4,078	7081126, 5.16%, 4/4/2025	10/10/2023		4,050		2,505
	1,966	7085907, 6.21%, 4/5/2025(g)	10/11/2023		1,966		214
	8,815	7087787, 5.96%, 4/5/2025	10/11/2023		8,809		4,814
	519	7088101, 6.20%, 4/5/2025(g)	10/11/2023		519		12
	376	7091560, 5.56%, 4/6/2025	10/12/2023		375		336
	673	7093343, 5.18%, 4/8/2025	10/13/2023		669		630
	395	7093464, 5.54%, 4/8/2025	10/13/2023		393		332
	1,033	7093553, 5.18%, 4/8/2025	10/13/2023		1,032		803
	496	7095470, 5.36%, 4/9/2025	10/13/2023		492		463
	650	7096937, 5.77%, 4/10/2025	10/13/2023		648		444
	1,522	7096978, 5.16%, 4/10/2025(g)	10/13/2023		1,520		405
	957	7097648, 4.97%, 4/10/2025	10/13/2023		943		631
	2,570	7098272, 5.52%, 4/10/2025	10/13/2023		2,568		1,908
	1,267	7098543, 4.97%, 4/10/2025	10/13/2023		1,264		1,197
	99	7099063, 6.00%, 4/11/2025	10/16/2023		99		83
	938	7100239, 6.04%, 4/11/2025(g)	10/16/2023		937		15
	7,421	7102508, 4.54%, 4/11/2025(g)	10/16/2023		7,415		189
	1,174	7102609, 6.02%, 4/11/2025	10/16/2023		1,173		810
	890	7102708, 5.77%, 4/11/2025	10/16/2023		889		558
	280	7102799, 4.56%, 4/11/2025	10/16/2023		279		169
	5,231	7102939, 4.45%, 4/11/2025(g)	10/16/2023		5,227		155
	367	7102997, 5.52%, 4/11/2025(g)	10/16/2023		367		293
	1,987	7106492, 4.99%, 4/12/2025	10/17/2023		1,982		1,839
	3,882	7111738, 5.24%, 4/13/2025	10/18/2023		3,879		2,115
	1,549	7112082, 5.55%, 4/14/2025	10/19/2023		1,546		1,367
	457	7112868, 5.81%, 4/14/2025	10/19/2023		456		323
	12,183	7113251, 4.46%, 4/15/2025(g)	10/19/2023		12,177		3,737
	1,913	7114117, 6.16%, 4/16/2025(g)	10/19/2023		1,912		29
	5,971	7115325, 5.15%, 4/16/2025(g)	10/19/2023		5,970		98
	8,017	7115957, 6.01%, 4/16/2025	10/19/2023		8,013		4,380
	7,573	7116331, 6.01%, 4/16/2025(g)	10/19/2023		7,568		3,640
	2,246	7121698, 5.52%, 4/18/2025	10/23/2023		2,228		1,739
	367	7121940, 4.73%, 4/18/2025	10/23/2023		364		352
	6,347	7122008, 4.45%, 4/18/2025(g)	10/23/2023		6,344		2,306

See Notes to Financial Statements.

56 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	1,056	7125268, 5.54%, 4/18/2025(g)	10/23/2023		1,055		$	16
	645	7132540, 5.55%, 4/19/2025	10/24/2023		643			613
	420	7134294, 5.37%, 4/19/2025	10/24/2023		420			395
	670	7134566, 5.36%, 4/19/2025	10/24/2023		669			303
	2,096	7134615, 5.94%, 4/19/2025(g)	10/24/2023		2,095			31
	836	7134627, 4.99%, 4/19/2025	10/24/2023		834			801
	1,704	7135086, 5.55%, 4/19/2025	10/24/2023		1,703			1,334
	1,171	7135607, 5.25%, 4/19/2025(g)	10/24/2023		1,170			19
	512	7135619, 5.55%, 4/19/2025	10/24/2023		510			461
	851	7139780, 5.25%, 4/20/2025(g)	10/25/2023		850			90
	2,713	7139822, 4.46%, 4/20/2025	10/25/2023		2,711			2,492
	23,691	7141666, 5.18%, 4/21/2025(g)	10/26/2023		23,682			426
	1,291	7142132, 5.56%, 4/21/2025	10/26/2023		1,290			936
	1,083	7142218, 6.03%, 4/21/2025(g)	10/26/2023		1,082			23
	10,231	7142271, 4.74%, 4/21/2025(g)	10/26/2023		10,222			6,243
	283	7144944, 6.01%, 4/23/2025	10/26/2023		282			237
	22,870	7145697, 4.45%, 4/23/2025(g)	10/26/2023		22,863			13,926
	–	7147170, 5.34%, 4/23/2025	10/26/2023		(3	)		(2	)
	484	7147356, 4.54%, 4/23/2025(g)	10/26/2023		484			7
	1,953	7147378, 5.77%, 4/23/2025	10/26/2023		1,952			1,338
	986	7148646, 6.16%, 4/24/2025(g)	10/27/2023		986			6
	1,620	7149434, 5.16%, 4/24/2025	10/27/2023		1,618			1,127
	1,284	7150034, 5.52%, 4/24/2025	10/27/2023		1,283			881
	3,625	7150999, 4.45%, 4/24/2025	10/27/2023		3,623			2,949
	237	7151081, 5.53%, 4/24/2025	10/27/2023		237			218
	1,231	7151486, 5.33%, 4/24/2025(g)	10/27/2023		1,230			86
	4,583	7152644, 4.97%, 4/25/2025(g)	10/30/2023		4,579			2,509
	1,067	7152873, 5.16%, 4/25/2025	10/30/2023		1,065			749
	1,761	7154591, 4.73%, 4/25/2025	10/30/2023		1,748			1,687
	1,831	7157944, 5.35%, 4/26/2025(g)	10/31/2023		1,830			607
	6,587	7159506, 4.75%, 4/26/2025(g)	10/31/2023		6,581			5,076
	2,778	7159827, 6.20%, 4/26/2025(g)	10/31/2023		2,777			35
	31,415	7159855, 5.54%, 4/26/2025(g)	10/31/2023		31,404			437
	–	7160376, 5.79%, 4/26/2025	10/31/2023		(730	)		–
	1,555	7160460, 5.18%, 4/26/2025	10/31/2023		1,553			1,497
	3,318	7160706, 4.99%, 4/27/2025	11/1/2023		3,309			2,926
	1,155	7161148, 5.00%, 4/27/2025	11/1/2023		1,153			1,019
	5,619	7161438, 6.04%, 4/27/2025(g)	11/1/2023		5,616			136
	3,654	7161560, 4.99%, 4/27/2025	11/1/2023		3,650			3,078
	1,646	7161867, 5.36%, 4/27/2025	11/1/2023		1,643			1,436
	1,690	7161993, 6.19%, 4/27/2025	11/1/2023		1,689			1,168
	3,336	7162068, 6.18%, 4/27/2025(g)	11/1/2023		3,333			26
	7,348	7163468, 4.99%, 4/27/2025(g)	11/1/2023		7,345			177
	4,980	7163624, 4.99%, 4/27/2025	11/1/2023		4,976			4,311
	410	7164032, 5.36%, 4/27/2025	11/1/2023		409			369

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 57

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	875	7164080, 5.79%, 4/27/2025	11/1/2023		874	$	650
	1,873	7165298, 4.82%, 4/29/2025	11/2/2023		1,872		1,258
	505	7165563, 4.57%, 4/29/2025	11/2/2023		504		444
	2,257	7166328, 5.61%, 4/30/2025(g)	11/2/2023		2,256		16
	835	7166586, 4.99%, 4/30/2025	11/2/2023		832		794
	296	7167095, 5.85%, 4/30/2025	11/2/2023		295		264
	2,011	7167485, 4.29%, 4/30/2025	11/2/2023		2,008		856
	973	7167682, 5.84%, 4/30/2025	11/2/2023		971		333
	942	7167816, 5.00%, 4/30/2025	11/2/2023		940		490
	37,903	7167920, 5.18%, 4/30/2025(g)	11/2/2023		37,891		432
	2,523	7169765, 5.00%, 4/30/2025	11/2/2023		2,521		2,034
	6,010	7169843, 4.99%, 4/30/2025	11/2/2023		6,008		1,759
	1,107	7169944, 4.29%, 4/30/2025	11/2/2023		1,106		1,084
	4,960	7170238, 5.00%, 4/30/2025(g)	11/3/2023		4,954		3,445
	24,248	7170276, 5.19%, 4/30/2025(g)	11/3/2023		24,240		298
	4,008	7170738, 5.77%, 4/30/2025(g)	11/3/2023		4,005		60
	712	7171351, 5.76%, 4/30/2025(g)	11/3/2023		711		248
	2,220	7171706, 5.37%, 4/30/2025	11/3/2023		2,219		1,489
	1,936	7173121, 6.01%, 4/30/2025	11/3/2023		1,934		1,336
	4,012	7173256, 5.19%, 4/30/2025(g)	11/3/2023		4,010		378
	1,323	7173297, 5.00%, 4/30/2025	11/3/2023		1,322		1,032
	756	7173993, 4.82%, 5/1/2025	11/6/2023		755		715
	1,745	7174080, 5.62%, 5/1/2025	11/6/2023		1,743		1,187
	12,714	7174510, 4.82%, 5/1/2025	11/6/2023		12,684		11,120
	8,226	7175599, 5.37%, 5/1/2025(g)	11/6/2023		8,201		145
	305	7176186, 5.74%, 5/1/2025	11/6/2023		302		207
	3,659	7176842, 4.29%, 5/1/2025	11/6/2023		3,655		3,498
	2,181	7177155, 5.18%, 5/1/2025(g)	11/6/2023		2,179		1,005
	87	7177289, 6.01%, 5/1/2025(g)	11/6/2023		86		77
	360	7177326, 5.36%, 5/1/2025	11/6/2023		360		262
	14,645	7180461, 4.83%, 5/2/2025	11/7/2023		14,625		12,248
	1,045	7180725, 5.39%, 5/2/2025	11/7/2023		1,043		965
	7	7181830, 5.63%, 5/2/2025	11/7/2023		7		7
	8,529	7183245, 5.39%, 5/2/2025(g)	11/7/2023		8,520		3,622
	2,540	7184167, 5.79%, 5/3/2025	11/8/2023		2,538		1,530
	1,367	7185099, 5.02%, 5/3/2025	11/8/2023		1,364		1,055
	618	7186060, 5.21%, 5/3/2025	11/8/2023		617		436
	6,777	7186250, 5.64%, 5/3/2025(g)	11/8/2023		6,775		51
	5,704	7186851, 4.59%, 5/3/2025	11/8/2023		5,701		4,665
	390	7187918, 4.38%, 5/4/2025	11/9/2023		390		184
	516	7187955, 4.58%, 5/4/2025	11/9/2023		515		508
	10,533	7187993, 5.08%, 5/4/2025	11/9/2023		10,505		5,191
	347	7188258, 5.03%, 5/4/2025	11/9/2023		346		327
	6,400	7188758, 5.38%, 5/5/2025	11/9/2023		6,396		3,048
	3,330	7189116, 5.38%, 5/5/2025	11/9/2023		3,325		2,557

See Notes to Financial Statements.

58 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	234	7190907, 5.36%, 5/6/2025	11/9/2023		233		$	225
	1,745	7192477, 5.87%, 5/6/2025(g)	11/9/2023		1,744			24
	3,553	7192596, 5.00%, 5/6/2025(g)	11/9/2023		3,552			746
	482	7193880, 4.82%, 5/7/2025	11/13/2023		479			461
	1,046	7194301, 4.40%, 5/7/2025	11/13/2023		1,041			543
	385	7195865, 5.19%, 5/7/2025	11/13/2023		361			372
	776	7195950, 5.79%, 5/7/2025	11/13/2023		768			280
	1,110	7195958, 4.29%, 5/7/2025	11/13/2023		1,099			1,098
	543	7196006, 4.36%, 5/7/2025(g)	11/13/2023		543			9
	1,856	7196351, 4.30%, 5/7/2025	11/13/2023		1,853			1,541
	10,418	7196480, 5.19%, 5/7/2025(g)	11/13/2023		10,386			2,766
	539	7198421, 5.69%, 5/8/2025	11/13/2023		535			256
	2,851	7199798, 5.95%, 5/8/2025(g)	11/13/2023		2,843			110
	2,011	7200322, 5.52%, 5/8/2025	11/13/2023		2,007			1,950
	1,797	7201074, 4.62%, 5/8/2025	11/13/2023		1,792			1,781
	693	7203279, 5.54%, 5/9/2025	11/14/2023		691			520
	340	7204758, 4.64%, 5/9/2025	11/14/2023		339			332
	45	7205121, 6.38%, 5/9/2025	11/14/2023		45			40
	747	7205347, 5.42%, 5/9/2025	11/14/2023		747			246
	13,988	7205600, 4.92%, 5/9/2025(g)	11/14/2023		13,983			284
	851	7207418, 5.34%, 5/10/2025	11/15/2023		851			590
	390	7207479, 4.71%, 5/10/2025(g)	11/15/2023		387			48
	587	7210797, 4.92%, 5/10/2025	11/15/2023		584			557
	13,854	7211018, 4.64%, 5/11/2025	11/16/2023		13,837			12,570
	305	7211764, 6.08%, 5/12/2025	11/16/2023		305			130
	528	7211842, 5.72%, 5/12/2025	11/16/2023		528			225
	1,681	7212684, 5.41%, 5/12/2025	11/16/2023		1,678			1,096
	87	7213003, 4.62%, 5/13/2025	11/16/2023		86			86
	3,175	7216379, 5.15%, 5/13/2025	11/16/2023		3,173			2,077
	25,507	7217212, 4.90%, 5/14/2025	11/17/2023		25,487			18,410
	1,338	7217901, 5.69%, 5/14/2025	11/17/2023		1,336			487
	778	7218236, 5.70%, 5/14/2025	11/17/2023		776			698
	1,937	7218601, 5.52%, 5/14/2025	11/17/2023		1,935			741
	2,507	7218626, 5.15%, 5/14/2025	11/17/2023		2,497			2,442
	11,254	7223011, 5.15%, 5/15/2025	11/20/2023		11,228			8,282
	–	7223812, 4.62%, 5/15/2025	11/20/2023		(4	)		(16	)
	1,068	7224224, 5.95%, 5/15/2025(g)	11/20/2023		1,067			20
	3,789	7226926, 5.72%, 5/16/2025(g)	11/21/2023		3,788			65
	10,996	7227629, 4.64%, 5/16/2025(g)	11/21/2023		10,992			8,620
	348	7228053, 5.43%, 5/16/2025	11/21/2023		346			254
	2,606	7230213, 5.54%, 5/16/2025(g)	11/21/2023		2,605			209
	17,748	7230320, 5.35%, 5/16/2025	11/21/2023		17,738			13,106
	447	7230821, 5.43%, 5/16/2025	11/21/2023		446			151
	343	7231791, 6.11%, 5/17/2025	11/22/2023		342			267
	1,111	7232539, 6.21%, 5/17/2025(g)	11/22/2023		1,110			393

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 59

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	–	7233120, 5.98%, 5/17/2025	11/22/2023		(1	)	$	–
	6,156	7233151, 4.92%, 5/17/2025(g)	11/22/2023		6,154			98
	375	7234958, 5.55%, 5/18/2025	11/24/2023		374			336
	26	7235230, 5.96%, 5/18/2025	11/24/2023		26			21
	1,361	7235364, 5.54%, 5/18/2025	11/24/2023		1,360			733
	1,810	7235607, 5.16%, 5/19/2025	11/24/2023		1,808			1,540
	542	7235920, 5.53%, 5/19/2025	11/24/2023		539			495
	5,104	7236251, 5.16%, 5/19/2025(g)	11/24/2023		5,100			3,558
	3,085	7236331, 4.91%, 5/19/2025	11/24/2023		3,081			2,308
	1,181	7236399, 5.70%, 5/19/2025	11/24/2023		1,180			709
	1,131	7236426, 5.97%, 5/19/2025	11/24/2023		1,128			761
	674	7236721, 5.14%, 5/20/2025	11/24/2023		673			628
	441	7236931, 5.14%, 5/20/2025	11/24/2023		440			415
	19	7237321, 4.70%, 5/20/2025	11/24/2023		19			12
	2,277	7237840, 5.33%, 5/20/2025	11/24/2023		2,276			1,616
	1,316	7238091, 6.10%, 5/20/2025	11/24/2023		1,314			880
	223	7238136, 5.69%, 5/20/2025	11/24/2023		216			213
	573	7238307, 5.71%, 5/20/2025	11/24/2023		572			403
	5,534	7238614, 5.70%, 5/20/2025(g)	11/24/2023		5,510			64
	14,481	7239377, 4.90%, 5/20/2025(g)	11/24/2023		14,452			12,871
	1,422	7242332, 5.51%, 5/21/2025(g)	11/27/2023		1,421			15
	1,199	7242491, 5.16%, 5/21/2025	11/27/2023		1,195			1,153
	25,256	7243451, 4.63%, 5/21/2025(g)	11/27/2023		25,246			17,131
	117	7247482, 5.40%, 5/22/2025	11/28/2023		116			115
	6,866	7247527, 4.93%, 5/22/2025(g)	11/28/2023		6,860			6,150
	25,482	7247574, 4.84%, 5/22/2025	11/28/2023		25,462			22,444
	2,998	7247750, 5.55%, 5/22/2025	11/28/2023		2,996			1,064
	2,553	7248314, 5.73%, 5/22/2025	11/28/2023		2,551			1,175
	2,924	7248504, 5.37%, 5/22/2025(g)	11/28/2023		2,922			1,765
	1,253	7248702, 5.40%, 5/22/2025	11/28/2023		1,251			949
	210	7248759, 5.40%, 5/22/2025	11/28/2023		209			188
	2,649	7248835, 5.42%, 5/22/2025	11/28/2023		2,645			1,072
	4,400	7248997, 6.23%, 5/22/2025	11/28/2023		4,396			2,985
	4,983	7249060, 5.73%, 5/22/2025	11/28/2023		4,979			3,565
	877	7249245, 4.60%, 5/22/2025	11/28/2023		871			873
	691	7249329, 5.73%, 5/22/2025(g)	11/28/2023		690			462
	1,903	7249346, 5.40%, 5/22/2025(g)	11/28/2023		1,902			169
	3,926	7251087, 5.03%, 5/22/2025	11/28/2023		3,922			3,629
	552	7251113, 4.65%, 5/22/2025(g)	11/28/2023		552			475
	1,828	7251337, 5.39%, 5/23/2025	11/29/2023		1,827			1,238
	128	7251437, 5.55%, 5/23/2025	11/29/2023		125			119
	1,395	7251476, 4.93%, 5/23/2025	11/29/2023		1,393			1,281
	327	7251556, 5.23%, 5/23/2025	11/29/2023		326			303
	1,892	7251568, 5.40%, 5/23/2025(g)	11/29/2023		1,886			312
	2,280	7251579, 5.74%, 5/23/2025(g)	11/29/2023		2,275			1,718

See Notes to Financial Statements.

60 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	387	7251667, 5.55%, 5/23/2025	11/29/2023		382		$	360
	829	7251713, 6.21%, 5/23/2025	11/29/2023		828			284
	1,729	7251722, 5.74%, 5/23/2025	11/29/2023		1,728			723
	832	7251873, 5.36%, 5/23/2025	11/29/2023		829			791
	666	7251938, 5.98%, 5/23/2025	11/29/2023		663			594
	865	7252315, 4.59%, 5/24/2025	11/29/2023		864			852
	1,610	7252734, 4.83%, 5/24/2025	11/29/2023		1,608			1,493
	2,227	7252842, 4.31%, 5/24/2025	11/29/2023		2,226			2,036
	3,765	7253086, 4.59%, 5/24/2025	11/29/2023		3,763			3,290
	–	7253167, 4.64%, 5/24/2025	11/29/2023		(6,904	)		–
	7,569	7253203, 4.83%, 5/24/2025	11/29/2023		7,566			4,942
	800	7254367, 5.21%, 5/24/2025	11/29/2023		798			564
	2,232	7254523, 5.72%, 5/25/2025	11/30/2023		2,227			1,714
	100	7254655, 5.17%, 5/25/2025	11/30/2023		98			98
	6,288	7254713, 5.39%, 5/25/2025(g)	11/30/2023		6,286			86
	940	7254863, 4.30%, 5/25/2025	11/30/2023		934			919
	321	7254900, 6.12%, 5/25/2025(g)	11/30/2023		321			99
	11,108	7255046, 5.39%, 5/25/2025(g)	11/30/2023		11,086			6,056
	3,314	7255085, 5.17%, 5/25/2025(g)	11/30/2023		3,313			1,639
	861	7255127, 5.53%, 5/25/2025	11/30/2023		860			486
	512	7255390, 5.77%, 5/25/2025	11/30/2023		511			248
	8,825	7255496, 5.72%, 5/25/2025	11/30/2023		8,817			6,585
	1,489	7255846, 5.03%, 5/25/2025(g)	11/30/2023		1,488			321
	7,326	7255938, 5.20%, 5/25/2025(g)	11/30/2023		7,323			178
	927	7256142, 5.89%, 5/25/2025	11/30/2023		926			565
	8,226	7256148, 4.84%, 5/25/2025(g)	11/30/2023		8,224			93
	929	7256210, 5.97%, 5/26/2025	11/30/2023		928			284
	1,947	7256216, 4.64%, 5/26/2025	11/30/2023		1,945			1,624
	1,856	7256348, 5.87%, 5/26/2025(g)	11/30/2023		1,855			562
	4,880	7256432, 4.30%, 5/26/2025	11/30/2023		4,877			3,948
	411	7256592, 5.51%, 5/26/2025	11/30/2023		410			331
	2,565	7256641, 5.35%, 5/26/2025(g)	11/30/2023		2,565			57
	4,113	7256917, 6.20%, 5/26/2025(g)	11/30/2023		4,110			2,543
	10,530	7261160, 6.19%, 5/28/2025(g)	12/1/2023		10,522			576
	1,355	7261400, 5.15%, 5/28/2025	12/1/2023		1,353			1,280
	2,745	7261467, 4.63%, 5/28/2025	12/1/2023		2,743			1,894
	725	7262976, 5.14%, 5/28/2025	12/1/2023		724			705
	4,579	7263173, 4.38%, 5/28/2025(g)	12/1/2023		4,576			151
	10,110	7263175, 5.00%, 5/28/2025(g)	12/1/2023		10,107			5,678
	9,809	7263179, 4.29%, 5/28/2025	12/1/2023		9,805			7,192
	22,100	7263180, 5.00%, 5/28/2025(g)	12/1/2023		22,092			402
	1,715	7263187, 4.30%, 5/28/2025	12/1/2023		1,714			1,592
	25,525	7263272, 4.90%, 5/28/2025	12/1/2023		25,513			17,972
	4,796	7264382, 5.35%, 5/29/2025	12/4/2023		4,780			2,491
	1,066	7265168, 6.02%, 5/29/2025	12/4/2023		1,062			729

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 61

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	130	7265193, 4.46%, 5/29/2025	12/4/2023		129		$	130
	553	7265615, 5.54%, 5/29/2025	12/4/2023		550			509
	2,503	7265649, 5.78%, 5/29/2025(g)	12/4/2023		2,495			353
	755	7270328, 5.00%, 5/30/2025	12/5/2023		754			721
	7,233	7273471, 4.75%, 5/30/2025	12/5/2023		7,229			5,801
	868	7273705, 5.96%, 5/30/2025(g)	12/5/2023		867			20
	4,825	7274553, 5.37%, 6/1/2025(g)	12/6/2023		4,822			540
	–	7275941, 4.46%, 6/1/2025	12/6/2023		(282	)		–
	6,639	7276671, 4.99%, 6/1/2025(g)	12/6/2023		6,629			5,962
	3,806	7277040, 4.99%, 6/1/2025	12/6/2023		3,803			3,522
	1,627	7278691, 5.36%, 6/3/2025(g)	12/7/2023		1,626			515
	1,278	7279159, 4.74%, 6/3/2025	12/7/2023		1,278			1,043
	15,065	7280330, 5.34%, 6/4/2025(g)	12/7/2023		15,055			9,079
	323	7281211, 4.47%, 6/4/2025	12/7/2023		322			317
	14,855	7281241, 4.73%, 6/4/2025(g)	12/7/2023		14,849			276
	1,563	7281473, 5.52%, 6/4/2025(g)	12/7/2023		1,562			376
	4,272	7282658, 5.92%, 6/4/2025	12/7/2023		4,265			3,007
	9,342	7283142, 5.52%, 6/4/2025	12/7/2023		9,326			7,326
	579	7285593, 5.75%, 6/5/2025	12/8/2023		579			355
	1,176	7285902, 5.53%, 6/5/2025	12/8/2023		1,174			1,046
	2,477	7285963, 6.01%, 6/5/2025	12/8/2023		2,475			1,436
	103	7287626, 6.01%, 6/5/2025	12/8/2023		102			96
	1,208	7287716, 4.73%, 6/5/2025	12/8/2023		1,204			1,181
	5,628	7290690, 4.97%, 6/6/2025(g)	12/11/2023		5,624			4,401
	1,300	7293567, 5.17%, 6/7/2025	12/12/2023		1,298			1,258
	201	7293788, 5.54%, 6/7/2025	12/12/2023		196			184
	1,735	7293862, 4.46%, 6/7/2025(g)	12/12/2023		1,734			1,401
	993	7294267, 4.47%, 6/7/2025	12/12/2023		991			980
	757	7294350, 5.95%, 6/7/2025	12/12/2023		756			321
	3,465	7294684, 4.99%, 6/7/2025	12/12/2023		3,462			3,199
	5,830	7295748, 5.54%, 6/7/2025(g)	12/12/2023		5,829			650
	8,036	7296122, 5.79%, 6/7/2025	12/12/2023		8,025			7,104
	27,154	7297777, 5.79%, 6/7/2025(g)	12/12/2023		27,145			178
	16,187	7298051, 4.99%, 6/8/2025(g)	12/13/2023		16,175			427
	346	7298430, 5.78%, 6/8/2025	12/13/2023		345			95
	589	7298454, 5.36%, 6/8/2025	12/13/2023		588			492
	506	7299896, 4.55%, 6/8/2025	12/13/2023		505			336
	3,201	7300430, 5.24%, 6/8/2025	12/13/2023		3,199			607
	575	7301535, 4.47%, 6/8/2025	12/13/2023		573			571
	8,783	7301547, 5.18%, 6/9/2025	12/14/2023		8,772			7,386
	9,605	7301694, 4.75%, 6/9/2025(g)	12/14/2023		9,592			245
	376	7301806, 5.17%, 6/9/2025	12/14/2023		376			365
	1,203	7302016, 4.74%, 6/9/2025	12/14/2023		1,199			1,193
	557	7302177, 5.18%, 6/9/2025	12/14/2023		551			554
	1,358	7302591, 5.53%, 6/10/2025(g)	12/14/2023		1,357			406

See Notes to Financial Statements.

62 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	243	7303693, 5.92%, 6/11/2025	12/14/2023		242		$	202
	5,175	7304634, 5.16%, 6/11/2025	12/14/2023		5,168			4,976
	2,890	7306700, 6.02%, 6/11/2025	12/14/2023		2,888			1,284
	2,944	7308125, 6.18%, 6/12/2025(g)	12/15/2023		2,942			27
	1,634	7309563, 5.15%, 6/12/2025	12/15/2023		1,632			1,301
	654	7314439, 5.14%, 6/12/2025	12/15/2023		653			487
	3,285	7314581, 5.34%, 6/12/2025	12/15/2023		3,284			2,004
	465	7314911, 4.73%, 6/13/2025	12/18/2023		464			455
	1,595	7316636, 5.77%, 6/13/2025	12/18/2023		1,590			1,195
	97	7317328, 5.53%, 6/13/2025	12/18/2023		94			94
	289	7317391, 4.45%, 6/13/2025	12/18/2023		288			287
	4,582	7317432, 4.45%, 6/13/2025	12/18/2023		4,565			4,532
	707	7320743, 6.03%, 6/14/2025	12/19/2023		706			340
	4,401	7320866, 5.18%, 6/14/2025	12/19/2023		4,399			2,544
	3,803	7321341, 5.17%, 6/14/2025(g)	12/19/2023		3,801			2,514
	617	7321949, 4.98%, 6/14/2025	12/19/2023		617			554
	510	7322939, 5.54%, 6/14/2025	12/19/2023		509			483
	261	7323136, 4.99%, 6/14/2025	12/19/2023		260			254
	923	7323164, 5.18%, 6/14/2025	12/19/2023		922			823
	5,645	7323615, 5.17%, 6/14/2025	12/19/2023		5,641			1,816
	1,147	7323944, 5.24%, 6/14/2025(g)	12/19/2023		1,147			83
	967	7327020, 4.74%, 6/15/2025	12/20/2023		966			947
	663	7327069, 5.95%, 6/15/2025	12/20/2023		662			454
	2,191	7327226, 5.55%, 6/15/2025	12/20/2023		2,188			1,837
	5,505	7327803, 4.56%, 6/15/2025	12/20/2023		5,500			745
	3,665	7328051, 4.47%, 6/16/2025	12/21/2023		3,660			3,578
	–	7328989, 5.55%, 6/16/2025	12/21/2023		(1	)		–
	21,362	7329006, 5.36%, 6/16/2025	12/21/2023		21,322			14,333
	2,694	7329549, 5.22%, 6/17/2025(g)	12/21/2023		2,693			50
	1,767	7329617, 5.17%, 6/17/2025	12/21/2023		1,766			1,247
	366	7330347, 4.51%, 6/18/2025	12/21/2023		363			255
	1,491	7330439, 5.35%, 6/18/2025	12/21/2023		1,490			1,185
	392	7331546, 5.16%, 6/18/2025	12/21/2023		391			380
	482	7332872, 5.76%, 6/18/2025	12/21/2023		481			464
	540	7333888, 5.77%, 6/18/2025	12/21/2023		539			503
	1,816	7333966, 5.34%, 6/18/2025	12/21/2023		1,816			1,136
	1,307	7336042, 5.15%, 6/19/2025	12/22/2023		1,306			876
	290	7337039, 4.97%, 6/19/2025	12/22/2023		290			252
	1,304	7337210, 6.03%, 6/19/2025(g)	12/22/2023		1,304			26
	7	7338859, 5.34%, 6/20/2025	12/26/2023		(6	)		5
	1,236	7339078, 5.76%, 6/20/2025	12/26/2023		1,235			724
	421	7339099, 5.35%, 6/20/2025	12/26/2023		420			353
	1,400	7339134, 4.73%, 6/20/2025	12/26/2023		1,396			1,104
	511	7339229, 4.97%, 6/20/2025	12/26/2023		496			503
	1,765	7339608, 4.45%, 6/20/2025	12/26/2023		1,759			1,737

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 63

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	4,309	7339647, 5.53%, 6/20/2025(g)	12/26/2023		4,308	$	401
	7,248	7339759, 4.73%, 6/20/2025	12/26/2023		7,244		5,396
	327	7340204, 5.53%, 6/20/2025	12/26/2023		325		308
	1,020	7340834, 6.02%, 6/20/2025	12/26/2023		1,019		721
	948	7344568, 5.38%, 6/21/2025(g)	12/27/2023		948		538
	4,906	7344645, 4.47%, 6/21/2025	12/27/2023		4,898		4,617
	444	7345089, 4.47%, 6/21/2025	12/27/2023		443		442
	7,172	7345162, 5.25%, 6/21/2025(g)	12/27/2023		7,168		92
	142	7345419, 5.57%, 6/21/2025	12/27/2023		141		140
	1,111	7345428, 4.47%, 6/21/2025	12/27/2023		1,109		1,099
	3,553	7345471, 5.19%, 6/21/2025	12/27/2023		3,545		3,432
	873	7345675, 5.18%, 6/21/2025	12/27/2023		872		739
	953	7345909, 4.75%, 6/21/2025	12/27/2023		953		918
	17,800	7345941, 5.00%, 6/21/2025	12/27/2023		17,774		17,284
	357	7346468, 5.80%, 6/21/2025(g)	12/27/2023		355		295
	7,029	7347032, 5.96%, 6/21/2025(g)	12/27/2023		7,026		52
	4,154	7347083, 4.75%, 6/21/2025	12/27/2023		4,150		4,068
	1,801	7347387, 5.38%, 6/21/2025(g)	12/27/2023		1,801		863
	34,450	7347417, 5.00%, 6/21/2025(g)	12/27/2023		34,432		17,828
	2,501	7348571, 5.19%, 6/22/2025	12/28/2023		2,494		2,432
	5,765	7349267, 5.80%, 6/22/2025(g)	12/28/2023		5,762		94
	13,439	7350610, 5.00%, 6/22/2025	12/28/2023		13,431		9,604
	1,205	7351283, 5.19%, 6/22/2025	12/28/2023		1,204		857
	2,274	7352162, 4.76%, 6/23/2025	12/29/2023		2,272		2,039
	1,508	7352276, 5.25%, 6/23/2025	12/29/2023		1,506		841
	381	7352543, 4.75%, 6/23/2025	12/29/2023		378		379
	1,720	7352598, 5.79%, 6/24/2025	12/29/2023		1,718		1,322
	848	7352609, 5.80%, 6/24/2025	12/29/2023		846		585
	201	7352916, 5.53%, 6/24/2025	12/29/2023		201		191
	3,720	7353125, 5.36%, 6/24/2025	12/29/2023		3,707		3,036
	2,131	7353622, 5.35%, 6/25/2025	12/29/2023		2,128		1,992
	5,833	7359212, 5.52%, 6/27/2025	1/2/2024		5,816		4,452
	10,216	7359603, 4.73%, 6/27/2025	1/2/2024		10,201		7,090
	7,310	7359687, 5.34%, 6/27/2025	1/2/2024		7,303		6,222
	2,754	7360029, 4.54%, 6/27/2025	1/2/2024		2,741		1,817
	10,191	7360367, 4.45%, 6/27/2025	1/2/2024		10,164		9,642
	14,186	7360690, 4.73%, 6/27/2025	1/2/2024		14,171		13,235
	4,498	7361048, 4.73%, 6/27/2025	1/2/2024		4,493		3,618
	1,163	7361219, 4.45%, 6/27/2025	1/2/2024		1,162		1,099
	5,831	7364068, 4.75%, 6/28/2025	1/3/2024		5,823		4,991
	2,297	7364214, 5.79%, 6/28/2025(g)	1/3/2024		2,296		47
	232	7364658, 5.78%, 6/28/2025	1/3/2024		232		195
	5,403	7364943, 4.75%, 6/28/2025	1/3/2024		5,395		5,216
	2,382	7365521, 4.99%, 6/28/2025	1/3/2024		2,380		1,192
	7,019	7365941, 4.47%, 6/28/2025	1/3/2024		6,998		6,991

See Notes to Financial Statements.

64 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	10,861	7367155, 4.75%, 6/28/2025	1/3/2024		10,849		$	10,203
	3,649	7369096, 6.05%, 6/29/2025	1/4/2024		3,647			2,142
	2,725	7370100, 6.20%, 6/29/2025	1/4/2024		2,722			1,623
	4,602	7370359, 6.05%, 6/30/2025	1/5/2024		4,592			1,820
	1,062	7370459, 5.80%, 6/30/2025	1/5/2024		1,057			679
	965	7371088, 4.75%, 6/30/2025	1/5/2024		965			893
	803	7371361, 5.18%, 6/30/2025	1/5/2024		801			740
	2,015	7372303, 5.17%, 7/1/2025	1/5/2024		2,012			1,965
	1,512	7372407, 4.99%, 7/1/2025	1/5/2024		1,507			1,491
	274	7373950, 4.74%, 7/2/2025	1/5/2024		269			274
	549	7374368, 5.18%, 7/2/2025	1/5/2024		548			524
	8,050	7375040, 5.17%, 7/2/2025(g)	1/5/2024		8,047			1,696
	2,064	7375247, 4.46%, 7/2/2025	1/5/2024		2,062			2,033
	877	7376347, 4.47%, 7/3/2025	1/8/2024		873			659
	1,549	7376390, 4.74%, 7/3/2025	1/8/2024		1,545			1,049
	4,900	7376487, 5.35%, 7/3/2025	1/8/2024		4,898			2,958
	1,004	7377370, 4.74%, 7/3/2025	1/8/2024		1,003			746
	99	7377392, 6.04%, 7/3/2025	1/8/2024		93			95
	2,642	7377448, 4.46%, 7/3/2025	1/8/2024		2,627			2,620
	2,088	7380817, 5.80%, 7/4/2025(g)	1/9/2024		2,087			149
	1,100	7382168, 5.37%, 7/4/2025	1/9/2024		1,099			963
	1,262	7382928, 4.47%, 7/4/2025(g)	1/9/2024		1,262			363
	4,156	7382948, 5.37%, 7/4/2025	1/9/2024		4,153			3,195
	2,595	7383097, 6.20%, 7/4/2025(g)	1/9/2024		2,591			279
	1,301	7385549, 4.56%, 7/5/2025	1/10/2024		1,300			350
	1,098	7385654, 5.00%, 7/5/2025	1/10/2024		1,097			1,042
	1,151	7386038, 5.96%, 7/5/2025(g)	1/10/2024		1,150			24
	985	7386312, 5.38%, 7/5/2025(g)	1/10/2024		984			430
	3,713	7386967, 6.05%, 7/6/2025	1/11/2024		3,710			2,258
	2,576	7387075, 4.48%, 7/6/2025	1/11/2024		2,574			2,546
	5,953	7387153, 4.75%, 7/6/2025	1/11/2024		5,945			5,652
	2,222	7387764, 4.74%, 7/7/2025	1/11/2024		2,215			2,209
	7,458	7392755, 4.46%, 7/9/2025	1/12/2024		7,436			7,427
	–	7393827, 4.46%, 7/9/2025	1/12/2024		(465	)		–
	111	7394468, 4.98%, 7/9/2025	1/12/2024		107			107
	826	7396154, 5.17%, 7/10/2025	1/16/2024		757			822
	452	7400590, 5.55%, 7/11/2025	1/17/2024		449			371
	18,161	7400599, 4.76%, 7/11/2025	1/17/2024		18,113			17,053
	6,011	7402102, 5.01%, 7/11/2025	1/17/2024		6,008			2,610
	380	7402214, 5.36%, 7/11/2025	1/17/2024		380			333
	6,014	7402371, 5.81%, 7/11/2025	1/17/2024		6,006			5,454
	2,101	7403759, 4.48%, 7/12/2025(g)	1/18/2024		2,100			1,430
	5,370	7404180, 5.97%, 7/12/2025(g)	1/18/2024		5,368			40
	5,174	7404557, 4.49%, 7/12/2025	1/18/2024		5,172			4,384
	20,688	7404849, 4.48%, 7/12/2025	1/18/2024		20,674			14,102

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 65

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	1,293	7406309, 5.01%, 7/12/2025	1/18/2024		1,291		$	1,278
	1,564	7406475, 5.19%, 7/13/2025	1/19/2024		1,561			1,515
	4,786	7406555, 4.48%, 7/13/2025	1/19/2024		4,772			4,716
	8,854	7406721, 4.76%, 7/13/2025	1/19/2024		8,846			6,225
	629	7407051, 5.01%, 7/13/2025	1/19/2024		628			507
	1,445	7407079, 4.77%, 7/13/2025	1/19/2024		1,444			1,083
	11,955	7407178, 5.55%, 7/14/2025(g)	1/19/2024		11,948			3,921
	1,049	7407334, 5.97%, 7/14/2025(g)	1/19/2024		1,046			12
	3,826	7407341, 4.57%, 7/14/2025(g)	1/19/2024		3,824			48
	–	7407668, 4.47%, 7/14/2025	1/19/2024		(844	)		–
	562	7407757, 5.56%, 7/14/2025(g)	1/19/2024		560			192
	316	7407827, 5.25%, 7/15/2025	1/19/2024		315			257
	475	7407841, 5.22%, 7/15/2025	1/19/2024		475			135
	2,661	7408176, 4.74%, 7/15/2025	1/19/2024		2,660			2,307
	758	7408285, 4.74%, 7/15/2025	1/19/2024		757			752
	2,793	7408333, 6.04%, 7/15/2025(g)	1/19/2024		2,790			1,439
	138	7408960, 5.36%, 7/16/2025	1/19/2024		137			136
	1,100	7409261, 5.18%, 7/16/2025(g)	1/19/2024		1,099			500
	27,112	7409549, 5.54%, 7/16/2025	1/19/2024		27,099			7,969
	6,369	7410318, 5.78%, 7/16/2025	1/19/2024		6,359			5,389
	–	7410500, 4.74%, 7/16/2025	1/19/2024		(612	)		–
	3,793	7410813, 6.02%, 7/16/2025(g)	1/19/2024		3,791			70
	4,062	7411190, 4.46%, 7/16/2025	1/19/2024		4,044			4,041
	1,315	7411639, 5.21%, 7/17/2025	1/22/2024		1,313			340
	907	7411896, 5.35%, 7/17/2025	1/22/2024		906			643
	613	7412314, 4.55%, 7/17/2025(g)	1/22/2024		612			343
	1,798	7412324, 4.74%, 7/17/2025	1/22/2024		1,796			1,756
	9,669	7412730, 5.35%, 7/17/2025	1/22/2024		9,607			7,821
	623	7413134, 4.46%, 7/17/2025	1/22/2024		622			616
	4,970	7414041, 4.74%, 7/17/2025	1/22/2024		4,905			4,928
	–	7416411, 4.75%, 7/18/2025	1/23/2024		(1	)		(1	)
	5,544	7416788, 4.76%, 7/18/2025	1/23/2024		5,542			4,722
	33,298	7417515, 6.05%, 7/18/2025(g)	1/23/2024		33,281			9,557
	7,187	7418463, 4.47%, 7/18/2025	1/23/2024		7,184			5,330
	765	7419761, 5.79%, 7/19/2025(g)	1/24/2024		763			675
	1,430	7419881, 5.25%, 7/19/2025	1/24/2024		1,428			1,042
	6,488	7419974, 5.56%, 7/19/2025	1/24/2024		6,480			5,932
	518	7420837, 4.78%, 7/19/2025	1/24/2024		518			283
	–	7420986, 5.00%, 7/19/2025	1/24/2024		(7	)		(135	)
	31,787	7421649, 5.37%, 7/19/2025(g)	1/24/2024		31,770			12,068
	600	7422635, 5.56%, 7/20/2025	1/25/2024		600			454
	–	7422672, 5.24%, 7/20/2025	1/25/2024		(279	)		–
	13,784	7422691, 5.56%, 7/20/2025	1/25/2024		13,766			9,581
	2,762	7423115, 4.47%, 7/20/2025	1/25/2024		2,750			2,745
	761	7423864, 5.16%, 7/22/2025	1/25/2024		760			577

See Notes to Financial Statements.

66 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,025	7424183, 4.98%, 7/22/2025	1/25/2024		2,021	$	1,854
	13,717	7425515, 4.46%, 7/22/2025	1/25/2024		13,700		12,665
	585	7426592, 4.46%, 7/22/2025	1/25/2024		583		580
	2,249	7427193, 4.98%, 7/22/2025	1/25/2024		2,246		2,213
	6,348	7427308, 5.17%, 7/22/2025	1/26/2024		6,328		5,915
	1,270	7428869, 4.98%, 7/23/2025	1/26/2024		1,269		776
	850	7429558, 4.73%, 7/23/2025	1/26/2024		847		844
	6,156	7429683, 5.23%, 7/23/2025(g)	1/26/2024		6,137		94
	197	7430778, 4.58%, 7/24/2025	1/29/2024		196		73
	3,829	7432639, 4.55%, 7/24/2025(g)	1/29/2024		3,827		410
	666	7433369, 4.46%, 7/24/2025	1/29/2024		662		664
	1,611	7436150, 4.47%, 7/25/2025	1/30/2024		1,607		1,597
	1,182	7437564, 4.47%, 7/25/2025	1/30/2024		1,179		1,159
	723	7439786, 6.05%, 7/26/2025	1/31/2024		718		715
	3,641	7440865, 5.80%, 7/26/2025	1/31/2024		3,638		2,551
	26,544	7440957, 5.00%, 7/26/2025(g)	1/31/2024		26,525		831
	29,346	7441785, 5.19%, 7/26/2025	1/31/2024		29,321		26,288
	111	7442114, 5.39%, 7/27/2025	2/1/2024		111		104
	395	7442123, 4.76%, 7/27/2025	2/1/2024		394		393
	210	7442167, 6.06%, 7/27/2025	2/1/2024		209		189
	1,584	7442220, 5.94%, 7/27/2025(g)	2/1/2024		1,584		11
	8,651	7442857, 5.96%, 7/27/2025	2/1/2024		8,636		6,824
	13,996	7443060, 6.04%, 7/28/2025(g)	2/1/2024		13,987		2,068
	10,314	7443372, 4.74%, 7/28/2025	2/1/2024		10,307		9,116
	835	7444159, 5.80%, 7/29/2025	2/1/2024		835		562
	5,142	7445938, 5.17%, 7/29/2025	2/1/2024		5,117		5,040
	13,315	7446467, 5.23%, 7/29/2025	2/1/2024		13,307		7,169
	469	7447440, 6.18%, 7/29/2025	2/1/2024		468		231
	6,094	7447906, 4.46%, 7/30/2025	2/2/2024		6,078		5,975
	6,110	7449159, 4.46%, 7/30/2025	2/2/2024		6,096		5,994
	11	7450003, 4.47%, 7/30/2025	2/2/2024		9		11
	1,262	7450087, 5.79%, 7/30/2025	2/2/2024		1,261		717
	3,175	7452745, 4.74%, 7/31/2025	2/5/2024		3,168		3,012
	21,759	7452859, 5.17%, 7/31/2025	2/5/2024		21,752		12,707
	752	7457654, 5.17%, 8/1/2025	2/6/2024		752		677
	383	7459291, 5.22%, 8/1/2025	2/6/2024		382		241
	19,855	7459301, 4.75%, 8/1/2025	2/6/2024		19,849		14,191
	3,682	7461449, 5.56%, 8/2/2025	2/7/2024		3,680		1,996
	12,311	7461574, 5.00%, 8/2/2025	2/7/2024		12,303		11,209
	7,051	7461939, 4.48%, 8/2/2025(g)	2/7/2024		7,045		126
	364	7462061, 6.08%, 8/2/2025	2/7/2024		363		45
	355	7462096, 6.06%, 8/2/2025(g)	2/7/2024		354		118
	13,021	7462725, 5.80%, 8/3/2025	2/8/2024		13,012		7,889
	5,488	7462925, 5.00%, 8/3/2025	2/8/2024		5,487		725
	4,787	7463085, 4.75%, 8/3/2025	2/8/2024		4,780		4,534

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 67

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	1,377	7463419, 5.36%, 8/3/2025	2/8/2024		1,376		$	834
	171	7463999, 4.99%, 8/4/2025	2/8/2024		171			171
	44	7464028, 5.25%, 8/4/2025	2/8/2024		44			37
	83	7464184, 5.94%, 8/4/2025	2/8/2024		82			68
	2,993	7464234, 4.74%, 8/4/2025	2/8/2024		2,990			2,902
	430	7464320, 4.99%, 8/4/2025	2/8/2024		406			430
	5,769	7465201, 5.54%, 8/5/2025(g)	2/8/2024		5,766			1,466
	1,573	7465915, 4.98%, 8/5/2025	2/8/2024		1,571			1,543
	136	7467366, 4.46%, 8/5/2025	2/8/2024		132			135
	5,804	7467447, 4.55%, 8/5/2025(g)	2/8/2024		5,798			1,373
	2,177	7468114, 4.98%, 8/5/2025	2/8/2024		2,171			2,158
	1,141	7468469, 5.53%, 8/5/2025	2/9/2024		1,140			1,053
	472	7468568, 5.55%, 8/6/2025	2/9/2024		471			444
	680	7469260, 5.54%, 8/6/2025	2/9/2024		679			483
	727	7471213, 5.35%, 8/6/2025	2/9/2024		726			709
	8,002	7474144, 4.74%, 8/7/2025	2/12/2024		7,998			5,651
	262	7474528, 6.17%, 8/7/2025	2/12/2024		260			228
	42,943	7476733, 5.00%, 8/8/2025(g)	2/13/2024		42,928			26,885
	1,568	7478197, 5.00%, 8/8/2025	2/13/2024		1,565			1,551
	5,778	7478287, 6.05%, 8/8/2025	2/13/2024		5,773			3,097
	8,828	7478705, 5.80%, 8/8/2025	2/13/2024		8,754			7,877
	1,778	7479888, 5.39%, 8/8/2025	2/13/2024		1,778			158
	1,469	7479918, 4.76%, 8/8/2025	2/13/2024		1,467			1,441
	1,033	7479989, 4.75%, 8/8/2025	2/13/2024		1,020			1,032
	653	7480129, 4.99%, 8/9/2025	2/14/2024		653			638
	1,359	7480241, 4.48%, 8/9/2025	2/14/2024		1,356			1,301
	1,132	7481391, 5.56%, 8/9/2025	2/14/2024		1,130			1,066
	5	7481636, 5.16%, 8/9/2025	2/14/2024		5			5
	16,127	7482511, 6.05%, 8/9/2025	2/14/2024		16,117			1,927
	1,555	7483133, 5.37%, 8/9/2025	2/14/2024		1,553			1,161
	–	7483172, 5.18%, 8/10/2025	2/15/2024		(4	)		(6	)
	2,686	7483546, 5.00%, 8/10/2025(g)	2/15/2024		2,683			43
	792	7483974, 4.74%, 8/11/2025	2/15/2024		789			785
	2,367	7484136, 5.54%, 8/11/2025	2/15/2024		2,366			1,986
	2,157	7484353, 6.19%, 8/11/2025	2/15/2024		2,151			1,739
	1,173	7484695, 6.04%, 8/11/2025	2/15/2024		1,172			747
	887	7485054, 4.45%, 8/12/2025	2/15/2024		882			877
	7,784	7485882, 4.46%, 8/12/2025	2/15/2024		7,753			7,677
	5,490	7486415, 4.46%, 8/12/2025	2/15/2024		5,464			5,433
	3,169	7488952, 5.35%, 8/13/2025	2/16/2024		3,168			348
	8,287	7489023, 6.18%, 8/13/2025	2/16/2024		8,280			5,951
	4,312	7489478, 5.78%, 8/13/2025(g)	2/16/2024		4,306			1,166
	–	7489693, 5.17%, 8/13/2025	2/16/2024		(1	)		(4	)
	4,084	7489741, 4.99%, 8/13/2025	2/16/2024		4,082			3,146
	6,956	7490085, 5.35%, 8/13/2025	2/16/2024		6,953			4,087

See Notes to Financial Statements.

68 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	1,419	7490179, 4.73%, 8/13/2025	2/16/2024		1,419		$	1,325
	8,994	7490278, 4.74%, 8/13/2025	2/16/2024		8,989			8,087
	9,411	7490428, 4.98%, 8/13/2025	2/16/2024		9,405			8,107
	2	7490636, 4.46%, 8/13/2025	2/16/2024		(12	)		2
	21,097	7493900, 4.98%, 8/14/2025	2/20/2024		20,950			20,743
	4,283	7495320, 4.46%, 8/14/2025	2/20/2024		4,271			3,750
	76	7495634, 4.55%, 8/14/2025	2/20/2024		74			68
	3,812	7500391, 5.38%, 8/15/2025	2/21/2024		3,810			2,270
	730	7500520, 4.57%, 8/15/2025	2/21/2024		728			436
	4,585	7500636, 6.06%, 8/15/2025	2/21/2024		4,575			3,864
	1,172	7500834, 5.01%, 8/15/2025	2/21/2024		1,171			1,160
	2,724	7500969, 5.81%, 8/15/2025	2/21/2024		2,723			658
	10,146	7502093, 5.38%, 8/15/2025	2/21/2024		10,129			6,165
	2,723	7502754, 5.57%, 8/15/2025	2/21/2024		2,720			2,405
	2,873	7503557, 5.20%, 8/15/2025	2/21/2024		2,870			2,507
	108	7504002, 5.19%, 8/15/2025	2/21/2024		105			107
	541	7504089, 5.01%, 8/15/2025	2/21/2024		540			525
	5,327	7504543, 5.19%, 8/16/2025	2/22/2024		5,323			3,192
	4,985	7504640, 5.82%, 8/16/2025	2/22/2024		4,982			3,285
	2,010	7504822, 5.01%, 8/16/2025	2/22/2024		2,005			1,944
	4,641	7505167, 4.76%, 8/16/2025	2/22/2024		4,624			4,606
	4,210	7505832, 5.57%, 8/16/2025	2/22/2024		4,207			3,345
	3,094	7507700, 4.77%, 8/16/2025(g)	2/22/2024		3,093			937
	17,909	7509674, 5.38%, 8/17/2025(g)	2/23/2024		17,901			12,646
	2,822	7509992, 5.19%, 8/17/2025	2/23/2024		2,820			2,615
	3,795	7510085, 4.76%, 8/18/2025	2/23/2024		3,794			2,439
	724	7510820, 5.39%, 8/18/2025	2/23/2024		724			321
	6,997	7510837, 5.00%, 8/18/2025	2/23/2024		6,994			5,055
	280	7510915, 5.55%, 8/18/2025	2/23/2024		279			265
	–	7511578, 5.17%, 8/19/2025	2/23/2024		(332	)		–
	467	7511602, 5.54%, 8/19/2025	2/23/2024		466			436
	1,571	7512041, 5.36%, 8/19/2025	2/23/2024		1,569			1,434
	2,996	7512112, 4.47%, 8/19/2025	2/23/2024		2,942			2,985
	1,585	7512828, 4.74%, 8/20/2025	2/23/2024		1,582			1,567
	37,129	7512915, 4.98%, 8/20/2025(g)	2/23/2024		37,118			3,373
	956	7513489, 5.00%, 8/20/2025	2/23/2024		954			797
	15,179	7513695, 4.46%, 8/20/2025	2/23/2024		15,106			14,933
	751	7514380, 5.77%, 8/20/2025	2/23/2024		750			683
	5,147	7514427, 4.74%, 8/20/2025	2/23/2024		5,145			3,872
	327	7514500, 4.46%, 8/20/2025	2/23/2024		320			325
	1,583	7515244, 5.53%, 8/20/2025(g)	2/23/2024		1,582			161
	1,182	7515697, 5.54%, 8/20/2025	2/23/2024		1,180			1,094
	3,844	7515755, 5.36%, 8/20/2025	2/23/2024		3,842			3,149
	340	7516680, 5.17%, 8/21/2025	2/26/2024		330			337
	9,980	7516722, 6.03%, 8/21/2025	2/26/2024		9,955			9,246

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 69

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	2,786	7517229, 4.46%, 8/21/2025(g)	2/26/2024		2,776		$	1,627
	887	7517926, 5.17%, 8/21/2025	2/26/2024		885			602
	3,675	7517958, 5.17%, 8/21/2025	2/26/2024		3,665			2,607
	23,443	7518046, 5.17%, 8/21/2025	2/26/2024		23,320			21,179
	13,610	7518586, 5.17%, 8/21/2025	2/26/2024		13,603			8,591
	1,584	7519014, 5.78%, 8/21/2025(g)	2/26/2024		1,584			29
	56,513	7519060, 4.74%, 8/21/2025	2/26/2024		56,452			44,589
	5,702	7522189, 4.48%, 8/22/2025	2/27/2024		5,673			5,470
	253	7522677, 4.75%, 8/22/2025	2/27/2024		242			253
	132	7523400, 5.00%, 8/22/2025	2/27/2024		132			131
	–	7524077, 5.80%, 8/22/2025	2/27/2024		(406	)		–
	959	7524863, 4.46%, 8/22/2025	2/27/2024		955			929
	30,768	7524888, 5.37%, 8/22/2025	2/27/2024		30,736			29,587
	1,286	7526449, 5.96%, 8/23/2025(g)	2/28/2024		1,285			15
	1,395	7526472, 5.26%, 8/23/2025	2/28/2024		1,393			390
	670	7526504, 6.20%, 8/23/2025(g)	2/28/2024		666			159
	2,049	7526710, 6.20%, 8/23/2025	2/28/2024		2,047			1,617
	1,076	7527808, 5.00%, 8/23/2025	2/28/2024		1,075			1,054
	191	7529153, 5.40%, 8/23/2025	2/28/2024		190			187
	9,485	7529179, 5.00%, 8/23/2025	2/28/2024		9,457			9,267
	18,672	7529652, 4.47%, 8/23/2025	2/28/2024		18,596			18,262
	341	7529689, 5.19%, 8/24/2025	2/29/2024		320			338
	351	7530212, 5.55%, 8/24/2025	2/29/2024		351			247
	3,873	7530476, 6.19%, 8/25/2025(g)	2/29/2024		3,866			607
	506	7530998, 5.36%, 8/25/2025	2/29/2024		503			475
	–	7531186, 6.18%, 8/25/2025	2/29/2024		0			(11	)
	1,461	7531202, 4.46%, 8/25/2025	2/29/2024		1,451			1,442
	641	7531598, 5.94%, 8/26/2025(g)	2/29/2024		641			7
	2,785	7531832, 5.16%, 8/26/2025(g)	2/29/2024		2,785			48
	529	7531885, 4.46%, 8/26/2025	2/29/2024		523			525
	2,181	7532278, 5.16%, 8/26/2025	2/29/2024		2,180			1,593
	74	7532765, 5.76%, 8/26/2025	2/29/2024		74			72
	416	7533171, 4.74%, 8/26/2025	2/29/2024		411			415
	30,030	7533455, 4.46%, 8/26/2025	2/29/2024		29,950			23,831
	3,795	7534897, 4.74%, 8/26/2025	2/29/2024		3,770			3,747
	580	7535596, 4.46%, 8/26/2025	2/29/2024		577			572
	1,576	7535619, 4.46%, 8/26/2025	2/29/2024		1,569			1,537
	39,214	7535814, 4.98%, 8/27/2025	3/1/2024		39,196			30,030
	1,248	7537124, 5.24%, 8/27/2025(g)	3/1/2024		1,246			181
	241	7537952, 5.78%, 8/27/2025	3/1/2024		241			234
	18,323	7537971, 5.17%, 8/27/2025	3/1/2024		18,250			17,554
	15,560	7538530, 4.74%, 8/27/2025	3/1/2024		15,548			12,507
	4,594	7539253, 4.74%, 8/27/2025	3/1/2024		4,587			4,472
	2,432	7539419, 4.46%, 8/27/2025	3/1/2024		2,407			2,409
	1,493	7540777, 6.17%, 8/28/2025	3/4/2024		1,492			1,099

See Notes to Financial Statements.

70 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	1,883	7540832, 5.35%, 8/28/2025	3/4/2024		1,867		$	1,795
	5,046	7540959, 5.35%, 8/28/2025(g)	3/4/2024		5,044			90
	59	7541076, 5.33%, 8/28/2025	3/4/2024		57			57
	2,125	7541917, 5.93%, 8/28/2025	3/4/2024		2,123			1,362
	3,645	7541944, 4.46%, 8/28/2025	3/4/2024		3,627			3,482
	2,788	7542022, 4.46%, 8/28/2025	3/4/2024		2,715			2,773
	262	7542628, 4.46%, 8/28/2025	3/4/2024		244			261
	1,131	7542778, 5.17%, 8/28/2025	3/4/2024		1,130			946
	3,269	7542807, 5.17%, 8/28/2025	3/4/2024		3,265			3,052
	4,329	7543286, 4.98%, 8/28/2025	3/4/2024		4,313			4,214
	1,486	7543539, 4.46%, 8/28/2025(g)	3/4/2024		1,482			386
	959	7543574, 4.46%, 8/28/2025	3/4/2024		928			955
	39,059	7546089, 5.19%, 8/29/2025(g)	3/5/2024		39,049			297
	1,882	7546600, 4.47%, 8/29/2025	3/5/2024		1,870			1,839
	3,215	7547273, 5.00%, 8/29/2025	3/5/2024		3,205			3,085
	1,609	7548427, 4.47%, 8/29/2025	3/5/2024		1,585			1,600
	3,350	7550235, 5.55%, 8/29/2025	3/5/2024		3,348			897
	1,023	7552103, 4.98%, 9/1/2025	3/6/2024		1,022			924
	1,031	7552135, 5.34%, 9/1/2025	3/6/2024		1,030			995
	–	7552196, 5.18%, 9/1/2025	3/6/2024		(1	)		(10	)
	1,765	7552434, 4.99%, 9/1/2025	3/6/2024		1,763			1,551
	2,478	7552478, 4.74%, 9/1/2025	3/6/2024		2,473			2,415
	5,562	7553813, 4.46%, 9/1/2025	3/6/2024		5,524			5,474
	1,460	7553986, 6.18%, 9/1/2025	3/6/2024		1,429			1,332
	9,658	7554305, 4.74%, 9/1/2025	3/6/2024		9,638			9,323
	2,449	7554498, 4.46%, 9/1/2025	3/7/2024		2,425			2,427
	1,618	7554724, 5.54%, 9/2/2025	3/7/2024		1,617			1,457
	25,932	7554798, 4.74%, 9/2/2025(g)	3/7/2024		25,910			2,447
	11,879	7555593, 4.98%, 9/2/2025	3/7/2024		11,868			11,352
	981	7556042, 4.45%, 9/3/2025	3/7/2024		961			976
	1,817	7556360, 5.15%, 9/3/2025	3/7/2024		1,817			1,222
	835	7556403, 4.97%, 9/3/2025	3/7/2024		832			827
	1,901	7557097, 6.01%, 9/4/2025	3/7/2024		1,900			619
	1,047	7557122, 5.93%, 9/4/2025	3/7/2024		1,046			587
	4,941	7557630, 5.15%, 9/4/2025	3/7/2024		4,938			3,821
	3,103	7558412, 6.16%, 9/4/2025	3/7/2024		3,083			2,856
	3,104	7559509, 4.44%, 9/4/2025	3/7/2024		3,082			3,066
	4,878	7560839, 5.15%, 9/4/2025	3/7/2024		4,873			4,732
	2,853	7561870, 4.44%, 9/5/2025	3/8/2024		2,821			2,831
	7,926	7562129, 4.72%, 9/5/2025	3/8/2024		7,917			2,217
	3,681	7562932, 4.96%, 9/5/2025	3/8/2024		3,675			3,593
	7,744	7563081, 5.76%, 9/5/2025(g)	3/8/2024		7,740			3,057
	–	7563422, 6.00%, 9/5/2025	3/8/2024		(820	)		–
	1,152	7564656, 6.15%, 9/5/2025	3/8/2024		1,150			913
	2,990	7565043, 5.15%, 9/5/2025	3/11/2024		2,972			2,855

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 71

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	12,585	7565572, 5.33%, 9/6/2025(g)	3/11/2024		12,556		$	5,179
	1,467	7565806, 5.77%, 9/6/2025	3/11/2024		1,466			766
	987	7565883, 5.33%, 9/6/2025	3/11/2024		974			869
	1,100	7565996, 4.96%, 9/6/2025	3/11/2024		1,094			1,072
	8,401	7566125, 4.44%, 9/6/2025	3/11/2024		8,331			8,240
	1,836	7566488, 5.20%, 9/6/2025	3/11/2024		1,834			426
	499	7566839, 4.45%, 9/6/2025	3/11/2024		493			495
	4,388	7566872, 4.44%, 9/6/2025	3/11/2024		4,358			4,286
	4,990	7567273, 4.97%, 9/6/2025	3/11/2024		4,962			4,817
	4,305	7567516, 4.44%, 9/6/2025	3/11/2024		4,263			4,256
	546	7567664, 5.77%, 9/6/2025	3/11/2024		543			469
	2,054	7568152, 5.14%, 9/6/2025(g)	3/11/2024		2,054			33
	1,992	7568402, 4.72%, 9/6/2025	3/11/2024		1,988			1,840
	282	7570847, 5.91%, 9/7/2025	3/12/2024		282			205
	6,378	7571210, 4.98%, 9/7/2025	3/12/2024		6,364			6,199
	1,250	7571547, 5.95%, 9/7/2025(g)	3/12/2024		1,250			5
	3,489	7573044, 5.53%, 9/7/2025	3/12/2024		3,484			2,942
	–	7573236, 4.98%, 9/7/2025	3/12/2024		(1	)		(3	)
	17,347	7573351, 4.46%, 9/7/2025	3/12/2024		17,217			16,895
	1,857	7573859, 5.78%, 9/7/2025	3/12/2024		1,856			1,455
	1,404	7574573, 5.53%, 9/7/2025	3/12/2024		1,403			1,291
	1,719	7574811, 4.46%, 9/8/2025	3/13/2024		1,703			1,699
	3,209	7574843, 4.73%, 9/8/2025	3/13/2024		3,204			2,195
	3,291	7575457, 4.46%, 9/8/2025	3/13/2024		3,251			3,257
	7,686	7575932, 5.17%, 9/8/2025	3/13/2024		7,679			7,377
	32,121	7576877, 4.46%, 9/8/2025	3/13/2024		31,948			30,612
	933	7577431, 4.98%, 9/8/2025	3/13/2024		932			814
	1,825	7577641, 4.46%, 9/8/2025	3/13/2024		1,812			1,787
	2,010	7578157, 5.17%, 9/8/2025	3/13/2024		2,009			642
	1,114	7578232, 5.92%, 9/8/2025	3/13/2024		1,113			512
	1,226	7578401, 4.47%, 9/8/2025	3/14/2024		1,220			1,181
	7,819	7578454, 4.74%, 9/9/2025	3/14/2024		7,755			7,690
	9,261	7579102, 4.46%, 9/9/2025	3/14/2024		9,196			8,909
	1,888	7579382, 4.46%, 9/9/2025	3/14/2024		1,876			1,831
	2,930	7579608, 4.45%, 9/10/2025	3/14/2024		2,914			1,666
	1,048	7579690, 5.33%, 9/10/2025	3/14/2024		1,047			1,018
	685	7579727, 4.45%, 9/10/2025	3/14/2024		675			681
	2,394	7580769, 5.53%, 9/11/2025(g)	3/14/2024		2,394			354
	1,294	7581112, 5.20%, 9/11/2025	3/14/2024		1,293			409
	365	7581205, 5.77%, 9/11/2025	3/14/2024		365			331
	9,089	7583012, 4.96%, 9/11/2025	3/14/2024		9,072			8,753
	626	7583716, 5.14%, 9/11/2025	3/14/2024		626			615
	3,380	7583859, 5.33%, 9/11/2025	3/14/2024		3,378			1,567
	246	7584833, 5.90%, 9/12/2025	3/15/2024		245			234
	7,894	7584910, 4.44%, 9/12/2025	3/15/2024		7,836			7,572

See Notes to Financial Statements.

72 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	1,349	7585314, 5.76%, 9/12/2025	3/15/2024		1,348		$	1,258
	1,498	7586061, 5.51%, 9/12/2025(g)	3/15/2024		1,498			22
	1,262	7586274, 4.44%, 9/12/2025	3/15/2024		1,235			1,255
	3,315	7586955, 4.44%, 9/12/2025	3/15/2024		3,290			3,247
	1,469	7588076, 4.44%, 9/12/2025	3/15/2024		1,450			1,457
	344	7588792, 5.75%, 9/13/2025	3/18/2024		343			318
	8,757	7588875, 5.76%, 9/13/2025	3/18/2024		8,737			1,992
	141	7589079, 5.53%, 9/13/2025	3/18/2024		140			139
	111	7589398, 4.98%, 9/13/2025	3/18/2024		110			111
	3,419	7589416, 4.72%, 9/13/2025	3/18/2024		3,407			3,247
	6,054	7589470, 4.72%, 9/13/2025	3/18/2024		6,011			6,000
	3,580	7590468, 4.72%, 9/13/2025	3/18/2024		3,540			3,501
	3,933	7590670, 4.53%, 9/13/2025	3/18/2024		3,930			1,095
	3,261	7590767, 4.44%, 9/13/2025	3/18/2024		3,232			3,215
	2,185	7593152, 4.98%, 9/14/2025	3/19/2024		2,178			2,141
	716	7593376, 5.36%, 9/14/2025	3/19/2024		715			704
	1,316	7593410, 5.53%, 9/14/2025	3/19/2024		1,315			1,167
	34	7593594, 5.38%, 9/14/2025	3/19/2024		33			34
	2,886	7593751, 4.46%, 9/14/2025	3/19/2024		2,832			2,866
	2,547	7594172, 4.74%, 9/14/2025	3/19/2024		2,528			2,523
	–	7594479, 5.17%, 9/14/2025	3/19/2024		(36	)		(81	)
	17,770	7595309, 4.46%, 9/14/2025	3/19/2024		17,620			17,467
	2,991	7595617, 4.46%, 9/14/2025	3/19/2024		2,964			2,946
	998	7595675, 5.17%, 9/14/2025	3/19/2024		981			972
	1,257	7596259, 4.56%, 9/14/2025	3/19/2024		1,256			772
	16,135	7596464, 4.46%, 9/14/2025	3/19/2024		16,000			15,862
	773	7597529, 4.46%, 9/15/2025	3/20/2024		747			769
	28,641	7598157, 5.35%, 9/15/2025(g)	3/20/2024		28,633			434
	2,563	7598586, 4.73%, 9/15/2025	3/20/2024		2,554			2,386
	1,587	7598752, 4.74%, 9/15/2025	3/20/2024		1,578			1,567
	3,352	7598868, 4.73%, 9/15/2025	3/20/2024		3,298			3,323
	2,054	7599006, 4.74%, 9/15/2025	3/20/2024		2,040			2,034
	19,606	7599077, 4.98%, 9/15/2025	3/20/2024		19,560			19,289
	484	7600051, 4.45%, 9/16/2025	3/21/2024		479			479
	–	7600092, 5.17%, 9/16/2025	3/21/2024		(660	)		–
	4,487	7600173, 4.46%, 9/16/2025	3/21/2024		4,420			4,445
	7,124	7600372, 5.17%, 9/16/2025	3/21/2024		7,119			5,757
	887	7600658, 4.46%, 9/16/2025	3/21/2024		880			876
	476	7601041, 6.17%, 9/17/2025	3/21/2024		475			336
	873	7601046, 4.54%, 9/17/2025	3/21/2024		872			174
	2,074	7601060, 5.15%, 9/17/2025	3/21/2024		2,070			1,667
	7,307	7601226, 4.97%, 9/17/2025	3/21/2024		7,283			7,189
	439	7601460, 5.52%, 9/17/2025	3/21/2024		439			394
	628	7601466, 4.45%, 9/17/2025	3/21/2024		619			622
	7,785	7601494, 4.97%, 9/17/2025	3/21/2024		7,765			7,592

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 73

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	1,855	7602223, 5.76%, 9/18/2025(g)	3/21/2024		1,855		$	16
	4,110	7602781, 5.33%, 9/18/2025	3/21/2024		4,105			3,992
	1,834	7603596, 4.44%, 9/18/2025	3/21/2024		1,805			1,818
	356	7603719, 6.02%, 9/18/2025	3/21/2024		355			319
	2,116	7603753, 4.44%, 9/18/2025	3/21/2024		2,104			1,778
	661	7603788, 4.96%, 9/18/2025	3/21/2024		659			632
	1,219	7603810, 5.34%, 9/18/2025	3/21/2024		1,217			1,128
	2,131	7603891, 4.96%, 9/18/2025	3/21/2024		2,122			2,109
	3,215	7604000, 5.92%, 9/18/2025(g)	3/21/2024		3,213			593
	927	7604681, 5.75%, 9/18/2025	3/21/2024		927			786
	498	7604717, 5.52%, 9/18/2025	3/21/2024		496			468
	3,364	7606915, 4.44%, 9/19/2025	3/22/2024		3,320			3,329
	1,040	7607044, 4.44%, 9/19/2025	3/22/2024		1,007			1,035
	1,441	7607640, 5.76%, 9/19/2025	3/22/2024		1,440			1,190
	4,380	7609475, 4.97%, 9/20/2025	3/25/2024		4,372			3,730
	1,579	7609963, 4.72%, 9/20/2025	3/25/2024		1,562			1,539
	–	7610084, 5.33%, 9/20/2025	3/25/2024		(468	)		–
	2,272	7610189, 4.44%, 9/20/2025	3/25/2024		2,234			2,248
	870	7610867, 4.45%, 9/20/2025	3/25/2024		860			856
	11,913	7610886, 4.96%, 9/20/2025	3/25/2024		11,813			11,816
	210	7611449, 5.52%, 9/20/2025	3/25/2024		209			207
	1,348	7611545, 5.33%, 9/20/2025	3/25/2024		1,347			1,274
	1,137	7611902, 5.15%, 9/20/2025	3/25/2024		1,136			1,015
	3,907	7611925, 5.33%, 9/20/2025(g)	3/25/2024		3,892			2,414
	1,756	7611969, 4.72%, 9/20/2025	3/25/2024		1,745			1,731
	6,103	7612019, 4.44%, 9/20/2025	3/25/2024		6,062			5,839
	1,663	7612099, 5.33%, 9/20/2025	3/25/2024		1,660			1,471
	2,466	7612218, 6.00%, 9/20/2025	3/25/2024		2,459			2,365
	9,972	7615125, 4.46%, 9/21/2025	3/26/2024		9,853			9,840
	11,142	7617343, 4.74%, 9/21/2025(g)	3/26/2024		11,120			209
	2,490	7617906, 5.53%, 9/21/2025	3/26/2024		2,489			898
	187	7618098, 5.53%, 9/22/2025	3/27/2024		187			177
	4,123	7618157, 5.36%, 9/22/2025	3/27/2024		4,121			1,708
	207	7618228, 5.38%, 9/22/2025	3/27/2024		206			200
	1,905	7618432, 4.74%, 9/22/2025	3/27/2024		1,900			1,364
	–	7618480, 5.55%, 9/22/2025	3/27/2024		(181	)		–
	699	7618514, 5.17%, 9/22/2025	3/27/2024		690			696
	1,946	7618739, 4.97%, 9/22/2025	3/27/2024		1,941			1,707
	4,371	7618792, 6.02%, 9/22/2025	3/27/2024		4,352			4,257
	1,942	7619222, 4.98%, 9/22/2025	3/27/2024		1,938			1,479
	9,272	7619307, 5.35%, 9/22/2025(g)	3/27/2024		9,260			5,709
	1,899	7619644, 5.53%, 9/22/2025	3/27/2024		1,898			858
	1,972	7619840, 5.54%, 9/22/2025(g)	3/27/2024		1,972			344
	31,897	7620097, 4.98%, 9/22/2025	3/27/2024		31,847			9,705
	6,308	7620787, 4.98%, 9/22/2025	3/27/2024		6,276			6,222

See Notes to Financial Statements.

74 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	2,411	7621609, 5.35%, 9/23/2025(g)	3/28/2024		2,407		$	919
	657	7622059, 5.78%, 9/23/2025	3/28/2024		656			463
	6,846	7622257, 5.16%, 9/24/2025(g)	3/28/2024		6,840			139
	3,654	7622305, 4.72%, 9/24/2025	3/28/2024		3,628			3,572
	2,540	7622402, 4.97%, 9/24/2025	3/28/2024		2,533			2,338
	–	7622483, 4.72%, 9/24/2025	3/28/2024		(456	)		–
	2,134	7622530, 6.02%, 9/24/2025	3/28/2024		2,132			1,767
	7,586	7622566, 5.16%, 9/24/2025(g)	3/28/2024		7,573			6,399
	2,767	7622713, 5.16%, 9/24/2025(g)	3/28/2024		2,764			1,520
	6,624	7622732, 4.73%, 9/24/2025	3/28/2024		6,579			5,765
	344	7622844, 4.54%, 9/24/2025	3/28/2024		344			262
	11,879	7622856, 4.73%, 9/24/2025(g)	3/28/2024		11,817			9,055
	6,121	7623748, 4.44%, 9/25/2025	3/28/2024		6,049			6,027
	2,797	7624132, 4.44%, 9/25/2025	3/28/2024		2,751			2,771
	2,538	7625569, 5.77%, 9/25/2025	3/28/2024		2,536			1,551
	1,803	7625915, 4.44%, 9/25/2025	3/28/2024		1,778			1,784
	1,946	7625982, 4.72%, 9/25/2025	3/28/2024		1,924			1,928
	1,632	7626123, 4.96%, 9/25/2025	3/28/2024		1,629			1,156
	742	7626217, 5.77%, 9/25/2025	3/28/2024		741			566
	2,881	7626252, 4.44%, 9/25/2025	3/28/2024		2,849			2,802
	4,940	7627055, 5.33%, 9/26/2025(g)	3/29/2024		4,937			3,763
	1,760	7627719, 4.72%, 9/26/2025	3/29/2024		1,754			1,667
	590	7627778, 4.72%, 9/26/2025	3/29/2024		574			587
	103	7627948, 4.73%, 9/26/2025	3/29/2024		97			103
	2,373	7627985, 5.76%, 9/26/2025	3/29/2024		2,367			2,317
	1,829	7628206, 6.00%, 9/26/2025(g)	3/29/2024		1,828			9
	33,150	7628346, 4.72%, 9/26/2025	3/29/2024		33,044			22,524
	4,649	7628844, 4.72%, 9/26/2025	3/29/2024		4,627			4,212
	1,128	7628908, 4.97%, 9/26/2025	3/29/2024		1,117			1,103
	2,056	7628967, 4.44%, 9/26/2025	3/29/2024		2,013			2,040
	4,243	7629040, 5.52%, 9/26/2025	3/29/2024		4,240			3,560
	1,224	7629123, 4.97%, 9/26/2025	3/29/2024		1,221			1,087
	–	7629149, 5.33%, 9/26/2025	3/29/2024		(5,126	)		–
	12,342	7629836, 4.44%, 9/26/2025	3/29/2024		12,166			12,189
	4,166	7630297, 4.44%, 9/27/2025	4/1/2024		4,121			4,057
	46,899	7630459, 5.51%, 9/27/2025(g)	4/1/2024		46,818			1,067
	5,622	7631328, 4.44%, 9/27/2025	4/1/2024		5,549			5,532
	18,722	7631449, 4.44%, 9/27/2025	4/1/2024		18,474			18,304
	749	7632566, 5.51%, 9/27/2025	4/1/2024		748			729
	9,324	7632593, 4.44%, 9/27/2025	4/1/2024		9,240			8,872
	335	7632825, 5.50%, 9/27/2025	4/1/2024		333			324
	1,682	7632869, 5.75%, 9/27/2025	4/1/2024		1,681			864
	245	7632895, 4.71%, 9/27/2025	4/1/2024		242			243
	1,076	7632907, 4.96%, 9/27/2025	4/1/2024		1,067			1,050
	770	7633234, 5.51%, 9/27/2025	4/1/2024		758			736

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 75

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	8,486	7633517, 5.30%, 9/27/2025	4/1/2024		8,463		$	8,320
	1,639	7636039, 4.73%, 9/28/2025	4/2/2024		1,621			1,620
	–	7636188, 5.35%, 9/28/2025	4/2/2024		(860	)		–
	4,901	7636296, 5.54%, 9/28/2025	4/2/2024		4,892			4,689
	1,685	7636861, 4.74%, 9/28/2025	4/2/2024		1,676			1,625
	546	7636979, 5.35%, 9/28/2025	4/2/2024		546			534
	1,799	7637710, 4.73%, 9/28/2025(g)	4/2/2024		1,793			1,107
	–	7637752, 5.54%, 9/28/2025	4/2/2024		(9	)		–
	1,423	7638468, 5.35%, 9/28/2025	4/2/2024		1,421			1,366
	9,030	7638928, 5.35%, 9/28/2025	4/2/2024		9,021			8,166
	1,683	7639818, 5.17%, 9/29/2025	4/3/2024		1,676			1,620
	2,374	7639945, 4.98%, 9/29/2025	4/3/2024		2,365			2,121
	966	7641210, 6.18%, 9/29/2025	4/3/2024		963			908
	1,459	7641897, 4.74%, 9/29/2025	4/3/2024		1,429			1,451
	4,818	7642131, 4.46%, 9/29/2025	4/3/2024		4,774			4,607
	896	7642182, 5.53%, 9/29/2025	4/3/2024		895			788
	370	7642245, 5.81%, 9/29/2025	4/3/2024		370			320
	14,869	7642402, 4.74%, 9/29/2025	4/3/2024		14,751			14,682
	386	7642864, 5.93%, 9/29/2025	4/3/2024		383			358
	6,037	7642939, 5.17%, 9/29/2025	4/3/2024		6,027			5,406
	2,619	7644166, 4.46%, 9/30/2025	4/4/2024		2,574			2,593
	1,772	7644382, 5.14%, 9/30/2025	4/4/2024		1,765			1,592
	20,456	7644424, 5.17%, 9/30/2025	4/4/2024		20,417			15,775
	1,730	7644704, 4.46%, 9/30/2025	4/4/2024		1,679			1,717
	364	7645280, 4.57%, 9/30/2025	4/4/2024		349			363
	11,167	7645564, 4.45%, 10/1/2025(g)	4/4/2024		11,072			10,683
	7,486	7646292, 4.73%, 10/1/2025	4/4/2024		7,442			7,247
	4,370	7646918, 4.45%, 10/1/2025	4/4/2024		4,303			4,319
	4,554	7647273, 4.73%, 10/1/2025	4/4/2024		4,479			4,475
	695	7647656, 6.19%, 10/1/2025(g)	4/4/2024		695			18
	1,721	7647659, 4.45%, 10/1/2025	4/4/2024		1,693			1,702
	447	7647704, 5.16%, 10/1/2025	4/4/2024		444			443
	1,750	7647846, 5.34%, 10/1/2025	4/4/2024		1,747			1,709
	444	7647917, 5.33%, 10/1/2025	4/4/2024		442			428
	1,751	7647943, 5.93%, 10/1/2025	4/4/2024		1,749			750
	10,280	7648007, 4.73%, 10/1/2025	4/4/2024		10,194			10,097
	2,104	7648358, 5.34%, 10/1/2025	4/4/2024		2,094			2,090
	1,186	7648572, 4.73%, 10/1/2025	4/4/2024		1,164			1,174
	3,332	7649871, 5.16%, 10/2/2025	4/5/2024		3,324			2,453
	2,841	7650712, 6.04%, 10/2/2025(g)	4/5/2024		2,837			2,324
	1,774	7651004, 5.34%, 10/2/2025	4/5/2024		1,772			1,425
	1,159	7651045, 5.77%, 10/2/2025	4/5/2024		1,158			952
	844	7651313, 4.73%, 10/2/2025	4/5/2024		835			835
	807	7651366, 4.98%, 10/2/2025	4/5/2024		793			803
	–	7651544, 4.45%, 10/2/2025	4/5/2024		(658	)		–

See Notes to Financial Statements.

76 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	711	7651855, 5.16%, 10/2/2025	4/5/2024		708	$	695
	2,231	7651867, 5.78%, 10/2/2025	4/5/2024		2,230		1,502
	2,035	7652378, 4.45%, 10/2/2025	4/5/2024		2,002		2,013
	3,053	7652581, 4.97%, 10/2/2025	4/5/2024		3,024		3,013
	1,951	7652889, 5.16%, 10/2/2025(g)	4/5/2024		1,949		1,002
	883	7652902, 4.97%, 10/2/2025	4/5/2024		878		872
	967	7653466, 5.15%, 10/2/2025	4/5/2024		965		897
	480	7653729, 4.97%, 10/2/2025	4/5/2024		437		476
	6,092	7654622, 4.97%, 10/3/2025	4/8/2024		5,993		6,004
	503	7655075, 5.15%, 10/3/2025	4/8/2024		499		443
	9,355	7655115, 4.45%, 10/3/2025	4/8/2024		9,228		9,172
	2,092	7655568, 5.77%, 10/3/2025	4/8/2024		2,083		1,997
	6,166	7655625, 5.53%, 10/3/2025(g)	4/8/2024		6,146		4,420
	2,454	7655754, 5.52%, 10/3/2025	4/8/2024		2,449		2,091
	2,557	7655927, 6.01%, 10/3/2025(g)	4/8/2024		2,538		1,780
	43,755	7656000, 4.97%, 10/3/2025	4/8/2024		43,642		31,647
	277	7657130, 5.91%, 10/3/2025	4/8/2024		275		273
	42,200	7657154, 4.73%, 10/3/2025	4/8/2024		41,941		40,050
	6,184	7659650, 4.45%, 10/3/2025	4/9/2024		6,138		5,141
	4,460	7659916, 5.18%, 10/4/2025(g)	4/9/2024		4,451		1,268
	19,695	7660004, 4.47%, 10/4/2025	4/9/2024		19,431		19,272
	1,177	7660809, 5.36%, 10/4/2025	4/9/2024		1,168		1,049
	5,072	7660853, 5.36%, 10/4/2025	4/9/2024		5,051		5,001
	728	7661953, 5.79%, 10/4/2025	4/9/2024		728		642
	834	7662001, 5.38%, 10/4/2025	4/9/2024		833		585
	5,813	7662034, 4.47%, 10/4/2025	4/9/2024		5,674		5,767
	11,179	7662298, 4.59%, 10/4/2025(g)	4/9/2024		11,122		2,230
	9,204	7662391, 4.59%, 10/4/2025	4/9/2024		9,032		9,105
	813	7662612, 4.90%, 10/4/2025	4/9/2024		790		808
	1,539	7662656, 5.18%, 10/4/2025	4/9/2024		1,521		1,530
	32,151	7662790, 4.47%, 10/4/2025	4/9/2024		31,815		30,405
	5,269	7663283, 4.59%, 10/4/2025	4/9/2024		5,225		4,265
	9,191	7663328, 5.15%, 10/4/2025	4/9/2024		9,114		8,963
	1,104	7663558, 4.46%, 10/4/2025	4/9/2024		1,084		1,092
	3,698	7663645, 4.59%, 10/4/2025(g)	4/9/2024		3,667		3,031
	1,530	7663984, 5.70%, 10/4/2025	4/9/2024		1,529		1,399
	2,397	7664061, 5.36%, 10/4/2025	4/9/2024		2,395		1,708
	357	7664091, 5.78%, 10/4/2025	4/9/2024		357		302
	3,751	7664602, 4.59%, 10/5/2025	4/10/2024		3,720		3,092
	4,647	7665099, 4.59%, 10/5/2025	4/10/2024		4,565		4,574
	3,453	7665248, 5.33%, 10/5/2025	4/10/2024		3,445		2,679
	1,906	7665386, 4.74%, 10/5/2025	4/10/2024		1,887		1,877
	3,143	7665564, 4.99%, 10/5/2025	4/10/2024		3,119		3,053
	5,496	7665670, 4.47%, 10/5/2025	4/10/2024		5,394		5,410
	2,123	7665920, 4.90%, 10/5/2025	4/10/2024		2,106		2,003

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 77

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,603	7666030, 4.59%, 10/5/2025	4/10/2024		1,582	$	1,568
	799	7666061, 5.17%, 10/5/2025	4/10/2024		793		790
	18,582	7666259, 4.99%, 10/5/2025	4/10/2024		18,408		18,257
	8,819	7666905, 5.15%, 10/5/2025	4/10/2024		8,757		8,581
	1,905	7667110, 4.59%, 10/5/2025	4/10/2024		1,765		1,896
	7,404	7667692, 4.47%, 10/5/2025	4/10/2024		7,243		7,339
	1,166	7667931, 4.60%, 10/6/2025	4/11/2024		1,144		1,153
	268	7667958, 5.54%, 10/6/2025	4/11/2024		267		251
	940	7668215, 4.60%, 10/6/2025	4/11/2024		915		932
	2,590	7668269, 4.89%, 10/6/2025	4/11/2024		2,575		2,264
	1,716	7668421, 4.59%, 10/6/2025	4/11/2024		1,701		1,384
	3,252	7668449, 4.46%, 10/6/2025	4/11/2024		3,209		3,184
	1,060	7668596, 4.90%, 10/6/2025	4/11/2024		1,046		1,046
	2,127	7668633, 4.59%, 10/6/2025	4/11/2024		2,092		2,102
	5,227	7668749, 5.70%, 10/6/2025(g)	4/11/2024		5,226		68
	1,404	7668794, 5.18%, 10/6/2025	4/11/2024		1,399		1,297
	1,225	7668864, 4.58%, 10/7/2025	4/11/2024		1,205		1,208
	1,186	7668969, 5.94%, 10/7/2025	4/11/2024		1,185		739
	1,119	7669059, 4.89%, 10/7/2025	4/11/2024		1,105		1,102
	2,028	7669099, 4.46%, 10/7/2025	4/11/2024		1,985		2,008
	2,361	7669234, 5.22%, 10/7/2025	4/11/2024		2,356		1,812
	13,663	7669289, 4.74%, 10/7/2025	4/11/2024		13,563		13,197
	2,140	7670813, 5.92%, 10/8/2025	4/11/2024		2,130		1,841
	3,031	7671300, 4.72%, 10/8/2025	4/11/2024		2,996		2,979
	951	7671801, 4.97%, 10/8/2025	4/11/2024		944		933
	883	7671835, 4.57%, 10/8/2025	4/11/2024		863		875
	886	7671886, 4.73%, 10/8/2025	4/11/2024		876		875
	4,604	7671927, 4.88%, 10/8/2025	4/11/2024		4,576		3,791
	1,613	7672195, 4.97%, 10/8/2025	4/11/2024		1,575		1,602
	14,950	7672314, 4.97%, 10/8/2025	4/11/2024		14,839		14,722
	8,384	7673055, 5.53%, 10/8/2025	4/11/2024		8,366		8,190
	601	7673584, 5.16%, 10/8/2025	4/12/2024		599		545
	342	7673771, 5.91%, 10/9/2025	4/12/2024		342		150
	3,900	7673787, 5.35%, 10/9/2025	4/12/2024		3,895		3,145
	2,777	7673975, 5.22%, 10/9/2025	4/12/2024		2,763		1,703
	1,017	7674099, 5.54%, 10/9/2025	4/12/2024		1,016		821
	2,808	7674278, 4.57%, 10/9/2025	4/12/2024		2,752		2,778
	1,367	7674434, 4.87%, 10/9/2025	4/12/2024		1,360		1,141
	1,246	7674531, 4.73%, 10/9/2025	4/12/2024		1,221		1,238
	1,814	7674703, 4.45%, 10/9/2025	4/12/2024		1,765		1,800
	7,475	7674844, 5.34%, 10/9/2025(g)	4/12/2024		7,463		2,626
	2,675	7674999, 4.45%, 10/9/2025	4/12/2024		2,636		2,632
	2,384	7675079, 4.88%, 10/9/2025	4/12/2024		2,367		2,222
	2,133	7675163, 5.16%, 10/9/2025	4/12/2024		2,126		1,923
	5,923	7675221, 5.13%, 10/9/2025	4/12/2024		5,899		4,292

See Notes to Financial Statements.

78 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	884	7675315, 4.73%, 10/9/2025	4/12/2024		873	$	874
	458	7675337, 4.54%, 10/9/2025	4/12/2024		458		57
	15,969	7675351, 4.57%, 10/9/2025	4/12/2024		15,632		15,806
	1,674	7675812, 4.97%, 10/9/2025	4/12/2024		1,662		1,634
	2,118	7675849, 4.45%, 10/9/2025	4/12/2024		2,054		2,102
	1,007	7675972, 4.98%, 10/9/2025	4/12/2024		1,001		928
	7,069	7675989, 6.23%, 10/9/2025	4/12/2024		7,065		724
	2,138	7676057, 5.17%, 10/9/2025(g)	4/12/2024		2,135		19
	3,857	7676085, 5.15%, 10/9/2025	4/12/2024		3,843		3,607
	87	7676144, 5.77%, 10/9/2025	4/12/2024		86		86
	829	7676202, 4.97%, 10/9/2025	4/12/2024		821		819
	151	7677641, 5.74%, 10/10/2025	4/15/2024		131		140
	1,831	7677651, 5.50%, 10/10/2025	4/15/2024		1,829		1,310
	13,950	7677975, 4.73%, 10/10/2025	4/15/2024		13,843		12,373
	5,941	7678443, 6.02%, 10/10/2025	4/15/2024		5,928		4,063
	9,615	7678729, 6.17%, 10/10/2025	4/15/2024		9,529		4,812
	1,017	7678807, 5.21%, 10/10/2025	4/15/2024		1,015		723
	2,040	7679610, 4.57%, 10/10/2025	4/15/2024		1,982		2,022
	1,836	7679915, 4.45%, 10/10/2025	4/15/2024		1,794		1,812
	13,973	7680224, 5.13%, 10/10/2025	4/15/2024		13,888		13,237
	1,295	7682378, 4.74%, 10/11/2025	4/16/2024		1,273		1,281
	2,405	7682416, 5.80%, 10/11/2025	4/16/2024		2,404		240
	10,973	7682425, 4.90%, 10/11/2025	4/16/2024		10,914		7,825
	3,505	7682660, 4.59%, 10/11/2025	4/16/2024		3,456		3,411
	9,615	7683383, 4.99%, 10/11/2025(g)	4/16/2024		9,587		120
	350	7683733, 4.59%, 10/11/2025	4/16/2024		324		349
	33,503	7683836, 4.59%, 10/11/2025	4/16/2024		33,127		26,597
	16,325	7684189, 5.15%, 10/11/2025	4/16/2024		16,271		9,971
	21,977	7684422, 4.47%, 10/11/2025	4/16/2024		21,636		21,491
	4,315	7684996, 5.55%, 10/11/2025	4/16/2024		4,312		2,578
	782	7685092, 5.00%, 10/11/2025	4/16/2024		771		774
	1,024	7685138, 5.70%, 10/11/2025	4/16/2024		1,023		798
	397	7685446, 4.90%, 10/11/2025	4/16/2024		394		385
	1,959	7685800, 5.15%, 10/11/2025	4/16/2024		1,943		1,908
	1,391	7685903, 4.89%, 10/11/2025	4/16/2024		1,374		1,368
	13,245	7685986, 4.59%, 10/11/2025	4/16/2024		13,146		10,618
	988	7686994, 4.99%, 10/12/2025	4/17/2024		962		982
	3,714	7687331, 4.75%, 10/12/2025	4/17/2024		3,696		2,430
	1,233	7687435, 5.69%, 10/12/2025	4/17/2024		1,232		630
	1,625	7687581, 4.47%, 10/12/2025	4/17/2024		1,580		1,612
	1,277	7687837, 4.59%, 10/12/2025	4/17/2024		1,253		1,261
	1,613	7687882, 5.36%, 10/12/2025	4/17/2024		1,609		1,474
	1,556	7687927, 4.74%, 10/12/2025	4/17/2024		1,535		1,529
	3,236	7688184, 5.70%, 10/12/2025	4/17/2024		3,234		2,287
	214	7688223, 5.79%, 10/12/2025	4/17/2024		214		209

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 79

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	17,804	7688257, 5.15%, 10/12/2025	4/17/2024		17,529	$	17,604
	1,182	7688942, 4.91%, 10/12/2025	4/17/2024		1,165		1,162
	4,354	7688989, 5.33%, 10/12/2025	4/17/2024		4,338		3,819
	5,130	7689260, 4.47%, 10/12/2025	4/17/2024		5,019		5,063
	2,511	7689402, 5.95%, 10/13/2025	4/18/2024		2,509		1,706
	16,863	7689437, 5.54%, 10/13/2025(g)	4/18/2024		16,853		465
	2,709	7689571, 4.47%, 10/13/2025	4/18/2024		2,656		2,676
	279	7689617, 5.33%, 10/13/2025	4/18/2024		270		277
	32,961	7689759, 4.59%, 10/13/2025	4/18/2024		32,716		25,737
	733	7690180, 4.46%, 10/14/2025	4/18/2024		707		728
	2,333	7690223, 4.99%, 10/14/2025	4/18/2024		2,316		2,191
	2,192	7690415, 5.14%, 10/14/2025	4/18/2024		2,176		2,105
	1,272	7690707, 4.58%, 10/14/2025	4/18/2024		1,249		1,251
	1,679	7690717, 5.16%, 10/14/2025	4/18/2024		1,671		1,591
	4,447	7690896, 4.46%, 10/14/2025	4/18/2024		4,380		4,357
	1,899	7691167, 5.13%, 10/15/2025	4/18/2024		1,879		1,872
	498	7691584, 5.17%, 10/15/2025	4/18/2024		495		491
	2,078	7691611, 4.54%, 10/15/2025(g)	4/18/2024		2,077		10
	3,355	7691635, 5.34%, 10/15/2025	4/18/2024		3,344		3,269
	759	7691838, 5.67%, 10/15/2025	4/18/2024		758		726
	1,228	7692253, 4.58%, 10/15/2025	4/18/2024		1,204		1,209
	19,126	7692436, 4.97%, 10/15/2025	4/18/2024		19,056		12,160
	2,805	7692990, 4.57%, 10/15/2025	4/18/2024		2,758		2,761
	958	7693039, 4.57%, 10/15/2025	4/18/2024		929		950
	1,245	7693071, 4.73%, 10/15/2025	4/18/2024		1,229		1,226
	1,759	7693284, 5.77%, 10/15/2025	4/18/2024		1,756		1,736
	345	7693401, 4.98%, 10/15/2025	4/18/2024		340		341
	1,326	7693424, 5.52%, 10/15/2025	4/18/2024		1,322		1,262
	3,279	7693555, 4.45%, 10/15/2025	4/18/2024		3,235		3,212
	628	7693613, 5.33%, 10/15/2025	4/18/2024		625		616
	179	7693644, 5.53%, 10/15/2025	4/18/2024		178		175
	2,212	7693661, 5.16%, 10/15/2025	4/18/2024		2,178		2,155
	1,218	7693769, 5.53%, 10/15/2025	4/18/2024		1,217		1,107
	714	7693828, 5.31%, 10/15/2025	4/18/2024		711		686
	4,020	7693842, 5.16%, 10/15/2025	4/18/2024		3,982		3,933
	1,990	7693953, 5.92%, 10/15/2025	4/18/2024		1,987		1,708
	976	7694729, 4.45%, 10/16/2025	4/19/2024		958		966
	1,220	7694804, 4.88%, 10/16/2025	4/19/2024		1,204		1,191
	2,131	7694893, 5.49%, 10/16/2025	4/19/2024		2,123		2,066
	16,217	7696078, 4.45%, 10/16/2025	4/19/2024		15,894		15,860
	207	7696398, 5.34%, 10/16/2025	4/19/2024		192		207
	5,328	7697003, 4.57%, 10/16/2025	4/19/2024		5,220		5,259
	1,177	7697110, 4.57%, 10/16/2025	4/19/2024		1,124		1,170
	22,182	7697179, 4.73%, 10/16/2025	4/19/2024		21,945		21,750
	1,047	7697578, 5.13%, 10/17/2025	4/22/2024		1,032		1,029

See Notes to Financial Statements.

80 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	1,134	7697654, 4.57%, 10/17/2025	4/22/2024		1,115		$	1,105
	1,240	7697757, 4.57%, 10/17/2025	4/22/2024		1,194			1,231
	4,010	7697843, 4.88%, 10/17/2025	4/22/2024		3,950			3,929
	412	7698088, 5.92%, 10/17/2025	4/22/2024		411			391
	912	7698256, 6.23%, 10/17/2025	4/22/2024		911			639
	1,163	7698335, 5.93%, 10/17/2025	4/22/2024		1,162			958
	2,012	7698407, 4.45%, 10/17/2025	4/22/2024		1,971			1,989
	2,131	7698586, 5.53%, 10/17/2025	4/22/2024		2,125			1,908
	11,367	7698737, 5.13%, 10/17/2025	4/22/2024		11,264			10,931
	5,996	7698952, 5.13%, 10/17/2025	4/22/2024		5,976			3,945
	12,021	7699009, 4.73%, 10/17/2025	4/22/2024		11,794			11,890
	2,232	7699364, 4.45%, 10/17/2025	4/22/2024		2,188			2,203
	13,043	7699397, 4.97%, 10/17/2025	4/22/2024		12,874			12,734
	2,709	7699679, 5.68%, 10/17/2025	4/22/2024		2,707			2,072
	3,253	7699755, 4.57%, 10/17/2025	4/22/2024		3,180			3,213
	1,937	7699887, 5.13%, 10/17/2025	4/22/2024		1,916			1,669
	28,900	7699902, 5.13%, 10/17/2025	4/22/2024		28,797			16,791
	4,491	7700066, 5.31%, 10/17/2025	4/22/2024		4,479			2,666
	3,849	7700100, 4.58%, 10/17/2025	4/22/2024		3,768			3,794
	7,535	7701595, 4.47%, 10/18/2025	4/23/2024		7,454			7,210
	12,462	7701765, 4.90%, 10/18/2025	4/23/2024		12,360			11,288
	2,809	7702004, 5.34%, 10/18/2025	4/23/2024		2,793			2,524
	6,733	7702069, 4.59%, 10/18/2025	4/23/2024		6,677			5,337
	102	7702638, 5.18%, 10/18/2025	4/23/2024		94			100
	3,255	7702772, 4.90%, 10/18/2025(g)	4/23/2024		3,240			74
	8,240	7702814, 5.55%, 10/18/2025	4/23/2024		8,234			4,016
	449	7702969, 4.55%, 10/18/2025	4/23/2024		449			367
	6,247	7703106, 4.47%, 10/18/2025	4/23/2024		6,112			6,175
	53,708	7703338, 6.07%, 10/18/2025(g)	4/23/2024		53,670			817
	1,772	7704076, 4.59%, 10/18/2025	4/23/2024		1,735			1,750
	20,294	7704142, 4.47%, 10/18/2025	4/23/2024		20,051			19,360
	8,397	7704654, 5.70%, 10/19/2025	4/24/2024		8,389			5,547
	4,538	7704950, 4.75%, 10/19/2025	4/24/2024		4,488			4,386
	620	7705297, 4.58%, 10/19/2025	4/24/2024		605			613
	1,417	7705372, 4.90%, 10/19/2025	4/24/2024		1,398			1,388
	5,758	7705453, 4.99%, 10/19/2025	4/24/2024		5,679			5,683
	–	7706032, 5.18%, 10/19/2025	4/24/2024		(4,150	)		–
	102	7706553, 6.09%, 10/19/2025	4/24/2024		102			99
	408	7706859, 5.95%, 10/20/2025	4/25/2024		407			379
	1,354	7706903, 5.15%, 10/20/2025	4/25/2024		1,347			1,113
	2,997	7706972, 5.70%, 10/20/2025	4/25/2024		2,990			2,844
	704	7707030, 4.59%, 10/20/2025	4/25/2024		687			696
	980	7707049, 4.59%, 10/20/2025	4/25/2024		968			933
	2,341	7707093, 5.71%, 10/20/2025	4/25/2024		2,338			1,538
	1,239	7707198, 5.33%, 10/20/2025	4/25/2024		1,227			1,224

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 81

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	306	7707273, 5.67%, 10/21/2025	4/25/2024		305	$	297
	16,760	7707386, 4.89%, 10/21/2025	4/25/2024		16,601		15,695
	6,285	7707967, 5.31%, 10/22/2025	4/25/2024		6,202		5,989
	1,940	7708601, 5.68%, 10/22/2025	4/25/2024		1,928		1,917
	1,745	7708899, 4.73%, 10/22/2025	4/25/2024		1,728		1,704
	2,160	7708938, 4.88%, 10/22/2025	4/25/2024		2,140		1,842
	31,106	7708979, 4.73%, 10/22/2025(g)	4/25/2024		30,912		5,010
	2,056	7709196, 4.54%, 10/22/2025	4/25/2024		2,051		2,013
	5,168	7709383, 5.15%, 10/22/2025	4/25/2024		5,152		4,027
	5,055	7709685, 4.57%, 10/22/2025	4/25/2024		4,979		4,921
	420	7710138, 5.69%, 10/23/2025	4/26/2024		419		398
	2,609	7710149, 5.34%, 10/23/2025	4/26/2024		2,585		2,495
	1,746	7710273, 5.49%, 10/23/2025	4/26/2024		1,699		1,727
	856	7710497, 6.24%, 10/23/2025	4/26/2024		854		679
	923	7710514, 5.12%, 10/23/2025	4/26/2024		893		916
	1,804	7710962, 5.69%, 10/23/2025	4/26/2024		1,803		821
	1,334	7711028, 4.45%, 10/23/2025	4/26/2024		1,308		1,318
	5,468	7716317, 5.16%, 10/24/2025	4/29/2024		5,400		5,310
	469	7721971, 4.91%, 10/25/2025	4/30/2024		460		463
	611	7722066, 5.15%, 10/25/2025	4/30/2024		602		599
	23,606	7722277, 4.59%, 10/25/2025	4/30/2024		23,316		19,927
	5,976	7722589, 5.15%, 10/25/2025	4/30/2024		5,923		5,553
	4,063	7722949, 4.59%, 10/25/2025	4/30/2024		3,967		4,013
	4,465	7723016, 4.59%, 10/25/2025	4/30/2024		4,404		4,279
	589	7723054, 5.15%, 10/25/2025	4/30/2024		582		576
	815	7723164, 4.90%, 10/25/2025	4/30/2024		776		807
	6,250	7723304, 4.59%, 10/25/2025	4/30/2024		6,186		5,128
	1,661	7723356, 4.46%, 10/25/2025	4/30/2024		1,619		1,630
	5,923	7723386, 4.99%, 10/25/2025	4/30/2024		5,805		5,867
	1,047	7723683, 5.94%, 10/25/2025	4/30/2024		1,046		724
	297	7724421, 5.94%, 10/25/2025	4/30/2024		297		285
	999	7724430, 4.60%, 10/25/2025	4/30/2024		981		977
	807	7724555, 6.07%, 10/25/2025	4/30/2024		805		756
	9,953	7724581, 4.59%, 10/25/2025	4/30/2024		9,803		9,546
	1,102	7724794, 5.70%, 10/26/2025	5/1/2024		1,096		1,061
	3,486	7724835, 5.33%, 10/26/2025	5/1/2024		3,442		3,403
	1,569	7725108, 5.33%, 10/26/2025	5/1/2024		1,550		1,540
	811	7725142, 5.34%, 10/26/2025	5/1/2024		804		774
	1,510	7725432, 4.60%, 10/26/2025	5/1/2024		1,483		1,479
	3,957	7725458, 4.59%, 10/26/2025	5/1/2024		3,904		3,792
	3,159	7725521, 5.70%, 10/26/2025	5/1/2024		3,153		2,906
	2,212	7725611, 5.15%, 10/26/2025	5/1/2024		2,193		1,997
	1,066	7725827, 4.90%, 10/26/2025	5/1/2024		1,047		1,048
	3,947	7725855, 4.90%, 10/26/2025	5/1/2024		3,855		3,885
	2,785	7725992, 4.90%, 10/26/2025	5/1/2024		2,753		2,689

See Notes to Financial Statements.

82 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,049	7726058, 4.90%, 10/26/2025	5/1/2024		1,034	$	1,020
	10,106	7726088, 4.90%, 10/26/2025	5/1/2024		9,927		9,933
	16,717	7726623, 4.56%, 10/26/2025(g)	5/1/2024		16,708		285
	6,342	7726820, 4.59%, 10/26/2025	5/1/2024		6,214		6,250
	1,888	7726985, 4.59%, 10/26/2025	5/1/2024		1,835		1,868
	746	7727029, 5.53%, 10/26/2025	5/1/2024		742		692
	16,783	7727160, 4.47%, 10/26/2025	5/1/2024		16,483		16,489
	414	7727524, 4.90%, 10/26/2025	5/1/2024		386		414
	7,260	7727612, 5.15%, 10/26/2025	5/1/2024		7,149		7,085
	12,280	7727830, 6.07%, 10/26/2025(g)	5/1/2024		12,268		1,256
	1,673	7727916, 4.90%, 10/26/2025	5/1/2024		1,658		1,517
	14,733	7728068, 5.51%, 10/26/2025	5/1/2024		14,691		11,847
	8,328	7728188, 5.70%, 10/26/2025(g)	5/1/2024		8,317		148
	1,634	7728285, 4.89%, 10/26/2025	5/1/2024		1,614		1,578
	715	7728296, 5.72%, 10/26/2025	5/1/2024		714		589
	4,087	7728321, 4.90%, 10/26/2025	5/1/2024		4,024		3,969
	3,204	7728363, 5.15%, 10/26/2025	5/1/2024		3,151		3,165
	1,502	7728431, 4.59%, 10/26/2025	5/1/2024		1,460		1,486
	559	7728556, 5.14%, 10/26/2025	5/1/2024		547		551
	2,342	7728578, 5.94%, 10/26/2025	5/1/2024		2,340		1,851
	1,206	7728962, 5.69%, 10/26/2025	5/1/2024		1,203		1,124
	9,966	7728981, 4.59%, 10/26/2025	5/1/2024		9,755		9,815
	6,281	7729229, 6.07%, 10/26/2025	5/1/2024		6,278		3,011
	35,732	7729303, 4.59%, 10/26/2025	5/1/2024		35,219		33,116
	484	7729661, 5.15%, 10/26/2025	5/1/2024		480		450
	3,126	7729670, 4.59%, 10/26/2025	5/1/2024		3,079		2,991
	2,251	7729849, 6.07%, 10/26/2025	5/1/2024		2,244		2,192
	1,971	7729985, 4.90%, 10/26/2025	5/1/2024		1,928		1,948
	2,240	7730029, 4.59%, 10/26/2025	5/1/2024		2,185		2,214
	3,050	7730060, 4.90%, 10/26/2025	5/1/2024		2,995		3,011
	3,019	7730422, 5.15%, 10/26/2025	5/1/2024		2,996		2,413
	1,282	7730455, 5.70%, 10/26/2025	5/1/2024		1,277		1,260
	10,967	7730491, 4.90%, 10/26/2025	5/1/2024		10,736		10,841
	25,476	7730588, 5.94%, 10/27/2025(g)	5/2/2024		25,464		191
	5,547	7730746, 4.90%, 10/27/2025	5/2/2024		5,453		5,394
	3,116	7730773, 4.90%, 10/27/2025	5/2/2024		3,090		1,983
	1,311	7730785, 5.69%, 10/27/2025	5/2/2024		1,307		1,243
	2,877	7730789, 4.59%, 10/27/2025	5/2/2024		2,811		2,815
	1,354	7731419, 5.69%, 10/27/2025	5/2/2024		1,351		1,110
	15,077	7731494, 4.59%, 10/27/2025	5/2/2024		14,926		11,695
	1,741	7731694, 4.59%, 10/27/2025	5/2/2024		1,711		1,695
	4,436	7731829, 4.90%, 10/27/2025	5/2/2024		4,283		4,389
	4,971	7732040, 4.59%, 10/27/2025	5/2/2024		4,868		4,885
	2,271	7732138, 5.14%, 10/27/2025	5/2/2024		2,246		2,174
	1,298	7732222, 4.59%, 10/28/2025	5/2/2024		1,267		1,282

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 83

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	3,555	7732276, 4.58%, 10/28/2025	5/2/2024		3,493		$	3,479
	795	7732530, 5.15%, 10/28/2025	5/2/2024		787			766
	3,669	7732679, 4.58%, 10/28/2025	5/2/2024		3,574			3,625
	1,094	7732820, 5.23%, 10/28/2025	5/2/2024		1,093			791
	7,749	7732833, 4.58%, 10/28/2025	5/2/2024		7,588			7,606
	–	7733036, 6.05%, 10/28/2025	5/2/2024		(260	)		–
	562	7733150, 6.23%, 10/28/2025	5/2/2024		561			520
	3,139	7733160, 5.93%, 10/28/2025	5/2/2024		3,105			1,972
	753	7733456, 5.93%, 10/28/2025	5/2/2024		753			400
	8,864	7733683, 4.59%, 10/27/2025	5/2/2024		8,689			8,703
	2,126	7733900, 4.57%, 10/29/2025	5/2/2024		2,090			2,068
	4,002	7734011, 4.57%, 10/29/2025	5/2/2024		3,919			3,937
	3,009	7734186, 5.12%, 10/29/2025(g)	5/2/2024		2,979			2,676
	599	7734327, 5.96%, 10/29/2025(g)	5/2/2024		599			111
	1,187	7734335, 5.91%, 10/29/2025	5/2/2024		1,186			168
	4,132	7734469, 4.88%, 10/29/2025	5/2/2024		4,053			4,070
	16,232	7735711, 6.23%, 10/29/2025	5/2/2024		16,206			13,886
	935	7736010, 5.89%, 10/29/2025	5/2/2024		934			500
	9,841	7736273, 4.57%, 10/29/2025	5/2/2024		9,714			9,097
	2,247	7736424, 4.88%, 10/29/2025	5/2/2024		2,190			2,214
	125	7736496, 4.54%, 10/29/2025	5/2/2024		125			116
	29,077	7736536, 5.49%, 10/29/2025(g)	5/2/2024		29,024			184
	6,623	7736734, 4.57%, 10/29/2025	5/2/2024		6,485			6,480
	1,097	7737619, 5.12%, 10/29/2025	5/2/2024		1,086			1,033
	4,730	7738068, 4.45%, 10/29/2025	5/2/2024		4,613			4,674
	360	7738157, 5.68%, 10/29/2025	5/2/2024		358			352
	270	7738167, 4.57%, 10/29/2025	5/2/2024		258			268
	525	7738183, 5.69%, 10/29/2025	5/2/2024		524			480
	566	7738202, 4.55%, 10/29/2025	5/2/2024		565			527
	18,779	7738227, 4.57%, 10/29/2025	5/2/2024		18,514			17,710
	23,472	7738292, 5.13%, 10/30/2025	5/3/2024		23,280			17,910
	4,330	7738627, 4.57%, 10/30/2025	5/3/2024		4,254			4,215
	1,433	7738697, 4.89%, 10/30/2025	5/3/2024		1,421			1,131
	2,826	7738713, 5.92%, 10/30/2025	5/3/2024		2,818			2,547
	1,459	7738753, 4.88%, 10/30/2025	5/3/2024		1,427			1,440
	8,955	7738791, 4.57%, 10/30/2025	5/3/2024		8,826			8,576
	3,459	7739389, 4.88%, 10/30/2025	5/3/2024		3,390			3,407
	659	7739803, 4.88%, 10/30/2025	5/3/2024		649			645
	803	7739992, 4.58%, 10/30/2025	5/3/2024		785			790
	129	7740000, 5.96%, 10/30/2025	5/3/2024		128			123
	4,137	7740571, 4.88%, 10/30/2025	5/3/2024		4,044			4,087
	1,179	7740981, 5.68%, 10/30/2025	5/3/2024		1,167			1,170
	1,149	7741380, 4.57%, 10/30/2025	5/3/2024		1,126			1,130
	151	7741409, 4.57%, 10/30/2025	5/3/2024		141			151
	188	7741480, 6.22%, 10/30/2025	5/3/2024		188			180

See Notes to Financial Statements.

84 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,291	7741593, 4.57%, 10/30/2025	5/3/2024		3,166	$	3,264
	993	7741785, 4.97%, 10/30/2025	5/3/2024		977		904
	1,275	7741815, 4.54%, 10/30/2025	5/3/2024		1,274		787
	7,817	7741821, 5.13%, 10/30/2025	5/3/2024		7,722		7,575
	612	7742153, 4.88%, 10/30/2025	5/3/2024		576		606
	1,592	7742186, 4.88%, 10/30/2025	5/3/2024		1,557		1,575
	3,826	7742224, 5.92%, 10/30/2025	5/3/2024		3,819		3,531
	2,996	7742283, 5.68%, 10/30/2025	5/3/2024		2,986		2,864
	4,252	7742312, 4.57%, 10/30/2025	5/3/2024		4,154		4,196
	8,405	7742385, 5.31%, 10/30/2025(g)	5/3/2024		8,377		1,578
	14,952	7742466, 5.13%, 10/30/2025	5/3/2024		14,746		14,505
	1,166	7742711, 5.92%, 11/1/2025	5/6/2024		1,160		970
	7,648	7742724, 4.56%, 11/1/2025	5/6/2024		7,505		7,492
	1,242	7742830, 5.12%, 11/1/2025	5/6/2024		1,163		1,236
	5,448	7742945, 5.48%, 11/1/2025	5/6/2024		5,420		4,732
	1,308	7743140, 5.49%, 11/1/2025	5/6/2024		1,305		779
	969	7743428, 4.52%, 11/1/2025	5/6/2024		969		136
	4,266	7743499, 5.91%, 11/1/2025	5/6/2024		4,241		3,838
	4,952	7743593, 4.87%, 11/1/2025	5/6/2024		4,904		3,910
	3,729	7743696, 5.91%, 11/1/2025	5/6/2024		3,705		2,633
	6,229	7743750, 4.56%, 11/1/2025	5/6/2024		6,075		6,143
	369	7744043, 5.65%, 11/1/2025	5/6/2024		365		362
	5,365	7744252, 4.56%, 11/1/2025	5/6/2024		5,079		5,327
	2,601	7744462, 4.57%, 11/1/2025	5/6/2024		2,567		2,205
	6,635	7744640, 5.48%, 11/1/2025(g)	5/6/2024		6,621		91
	1,208	7744671, 4.56%, 11/1/2025	5/6/2024		1,188		1,174
	5,649	7744866, 6.03%, 11/1/2025	5/6/2024		5,523		5,542
	878	7745150, 6.03%, 11/1/2025	5/6/2024		876		845
	2,315	7745168, 5.67%, 11/1/2025	5/6/2024		2,238		2,279
	4,835	7745214, 4.57%, 11/1/2025	5/6/2024		4,645		4,788
	1,259	7745487, 5.92%, 11/1/2025(g)	5/6/2024		1,257		979
	912	7745496, 5.92%, 11/1/2025	5/6/2024		911		793
	16,163	7745505, 5.12%, 11/1/2025	5/6/2024		15,899		15,779
	3,257	7745709, 5.30%, 11/1/2025	5/6/2024		3,226		3,138
	1,525	7745775, 5.92%, 11/1/2025(g)	5/6/2024		1,523		1,281
	1,511	7745786, 6.03%, 11/1/2025	5/6/2024		1,508		1,459
	676	7745836, 4.54%, 11/1/2025(g)	5/6/2024		674		519
	496	7746005, 4.56%, 11/1/2025	5/6/2024		477		492
	24,164	7746019, 4.87%, 11/1/2025	5/6/2024		23,967		18,136
	1,197	7746082, 4.56%, 11/1/2025	5/6/2024		1,163		1,182
	1,356	7746136, 5.21%, 11/1/2025	5/6/2024		1,352		1,171
	753	7746144, 5.20%, 11/1/2025	5/6/2024		752		625
	2,469	7746154, 4.87%, 11/1/2025	5/6/2024		2,381		2,449
	3,807	7746253, 4.57%, 11/1/2025	5/6/2024		3,717		3,717
	569	7746366, 6.02%, 11/1/2025	5/6/2024		562		540

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 85

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	4,729	7746515, 4.56%, 11/1/2025(g)	5/6/2024		4,670		$	3,303
	5,504	7746588, 4.57%, 11/1/2025	5/6/2024		5,442			4,525
	11,001	7746617, 5.91%, 11/1/2025	5/6/2024		10,994			1,566
	6,547	7746651, 4.53%, 11/1/2025	5/6/2024		6,542			3,847
	1,623	7749254, 5.93%, 11/2/2025(g)	5/7/2024		1,621			969
	10,062	7749345, 4.58%, 11/2/2025	5/7/2024		9,790			9,929
	1,087	7749586, 5.33%, 11/2/2025	5/7/2024		1,082			899
	2,303	7749598, 4.58%, 11/2/2025	5/7/2024		2,245			2,274
	1,779	7749833, 4.55%, 11/2/2025	5/7/2024		1,777			1,568
	673	7750006, 5.93%, 11/2/2025	5/7/2024		669			645
	–	7750018, 4.89%, 11/2/2025	5/7/2024		(304	)		–
	4,161	7750353, 5.32%, 11/2/2025	5/7/2024		4,139			2,794
	1,583	7750401, 4.89%, 11/2/2025	5/7/2024		1,550			1,563
	2,304	7750460, 4.89%, 11/2/2025	5/7/2024		2,275			2,232
	1,341	7750514, 5.21%, 11/2/2025	5/7/2024		1,340			203
	1,124	7750535, 4.58%, 11/2/2025	5/7/2024		1,099			1,106
	14,379	7751469, 5.69%, 11/2/2025	5/7/2024		14,316			13,685
	36	7752013, 5.97%, 11/2/2025	5/7/2024		36			35
	2,822	7752031, 5.13%, 11/2/2025	5/7/2024		2,805			1,740
	5,841	7752405, 5.32%, 11/2/2025	5/7/2024		5,800			4,669
	12,193	7752416, 5.14%, 11/2/2025	5/7/2024		12,114			7,883
	1,202	7752482, 4.58%, 11/2/2025	5/7/2024		1,160			1,192
	2,773	7752503, 4.89%, 11/2/2025	5/7/2024		2,735			2,679
	5,879	7752750, 5.14%, 11/2/2025	5/7/2024		5,806			5,731
	4,076	7752825, 4.58%, 11/2/2025	5/7/2024		3,952			4,036
	377	7752944, 6.23%, 11/2/2025	5/7/2024		376			362
	2,545	7752951, 4.89%, 11/2/2025	5/7/2024		2,524			2,162
	5,451	7753070, 4.58%, 11/2/2025	5/7/2024		5,303			5,376
	70,383	7753165, 5.14%, 11/2/2025(g)	5/7/2024		70,031			4,090
	4,447	7753396, 5.14%, 11/3/2025	5/8/2024		4,403			4,092
	1,607	7753576, 5.70%, 11/3/2025	5/8/2024		1,596			1,529
	4,278	7754038, 4.58%, 11/3/2025	5/8/2024		4,196			4,187
	1,347	7754461, 4.89%, 11/3/2025	5/8/2024		1,328			1,307
	3,111	7754484, 4.59%, 11/3/2025	5/8/2024		3,056			3,024
	14,883	7754519, 4.58%, 11/3/2025	5/8/2024		14,611			14,493
	2,930	7754760, 5.13%, 11/3/2025	5/8/2024		2,875			2,876
	1,536	7754988, 4.88%, 11/3/2025	5/8/2024		1,517			1,468
	2,130	7755023, 5.50%, 11/3/2025	5/8/2024		2,116			2,025
	870	7755092, 5.32%, 11/3/2025	5/8/2024		860			837
	6,008	7755233, 5.93%, 11/3/2025	5/8/2024		5,984			5,816
	1,520	7755426, 6.24%, 11/3/2025	5/8/2024		1,520			234
	8,506	7755430, 4.89%, 11/3/2025	5/8/2024		8,355			8,352
	1,541	7755570, 4.59%, 11/3/2025	5/8/2024		1,489			1,525
	20	7755596, 5.68%, 11/3/2025	5/8/2024		18			19
	1,155	7755635, 4.58%, 11/3/2025	5/8/2024		1,129			1,139

See Notes to Financial Statements.

86 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	4,585	7755655, 4.58%, 11/3/2025	5/8/2024		4,473		$	4,524
	1,887	7755736, 4.89%, 11/3/2025	5/8/2024		1,858			1,837
	31,282	7755815, 4.89%, 11/3/2025	5/8/2024		31,000			23,634
	8,276	7756093, 4.58%, 11/3/2025	5/8/2024		8,154			7,937
	5,995	7756346, 4.58%, 11/3/2025	5/8/2024		5,839			5,922
	457	7756458, 6.06%, 11/3/2025	5/8/2024		455			447
	5,322	7756472, 5.69%, 11/3/2025(g)	5/8/2024		5,312			1,935
	3,557	7756486, 5.14%, 11/3/2025	5/8/2024		3,514			3,424
	1,045	7756491, 5.93%, 11/3/2025	5/8/2024		1,042			1,014
	1,100	7756507, 4.59%, 11/3/2025	5/8/2024		1,070			1,088
	–	7756527, 4.58%, 11/3/2025	5/8/2024		(30	)		(13	)
	4,642	7756638, 4.55%, 11/3/2025(g)	5/8/2024		4,640			62
	1,247	7756752, 4.55%, 11/3/2025	5/8/2024		1,246			954
	1,117	7756911, 4.89%, 11/3/2025	5/8/2024		1,094			1,099
	3,421	7756925, 5.14%, 11/3/2025	5/8/2024		3,359			3,374
	11,310	7756992, 4.89%, 11/3/2025	5/8/2024		11,149			10,941
	5,262	7757129, 5.51%, 11/3/2025(g)	5/8/2024		5,248			785
	4,025	7757199, 4.58%, 11/3/2025	5/8/2024		3,968			3,412
	9,702	7757269, 5.14%, 11/3/2025	5/8/2024		9,642			5,894
	2,881	7757447, 5.51%, 11/3/2025	5/8/2024		2,849			2,828
	1,670	7757539, 5.13%, 11/3/2025	5/8/2024		1,648			1,632
	2,156	7757614, 4.58%, 11/4/2025	5/9/2024		2,067			2,120
	7,205	7757700, 4.58%, 11/4/2025	5/9/2024		7,109			5,650
	12,813	7757763, 4.58%, 11/4/2025	5/9/2024		12,658			4,902
	1,315	7758019, 4.57%, 11/4/2025	5/9/2024		1,284			1,296
	6,180	7758039, 5.93%, 11/4/2025	5/9/2024		6,176			3,423
	8,908	7758111, 4.58%, 11/4/2025	5/9/2024		8,733			8,683
	428	7758398, 5.22%, 11/4/2025	5/9/2024		428			385
	4,595	7758434, 6.03%, 11/4/2025	5/9/2024		4,593			2,187
	318	7758469, 5.14%, 11/4/2025	5/9/2024		295			316
	2,190	7758551, 4.58%, 11/4/2025	5/9/2024		2,133			2,162
	2,785	7758592, 4.58%, 11/4/2025	5/9/2024		2,708			2,752
	956	7758641, 4.89%, 11/4/2025	5/9/2024		942			925
	1,415	7758724, 4.59%, 11/4/2025	5/9/2024		1,375			1,395
	645	7758739, 5.12%, 11/5/2025	5/9/2024		637			615
	1,737	7758767, 5.67%, 11/5/2025(g)	5/9/2024		1,733			51
	480	7758776, 4.57%, 11/5/2025	5/9/2024		460			476
	3,727	7758818, 4.57%, 11/5/2025	5/9/2024		3,641			3,674
	3,577	7758972, 4.57%, 11/5/2025	5/9/2024		3,465			3,540
	3,115	7759047, 5.68%, 11/5/2025	5/9/2024		3,070			3,085
	2,371	7759163, 4.88%, 11/5/2025	5/9/2024		2,316			2,344
	835	7759213, 4.88%, 11/5/2025	5/9/2024		767			830
	27	7759319, 5.13%, 11/5/2025	5/9/2024		24			27
	738	7759330, 5.69%, 11/5/2025	5/9/2024		709			691
	808	7759344, 4.88%, 11/5/2025	5/9/2024		788			798

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 87

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,604	7759586, 4.57%, 11/5/2025	5/9/2024		2,571	$	2,195
	4,791	7759631, 5.13%, 11/5/2025	5/9/2024		4,733		4,612
	2,457	7759693, 4.89%, 11/5/2025	5/9/2024		2,410		2,407
	232	7759751, 5.93%, 11/5/2025	5/9/2024		231		218
	347	7759846, 5.15%, 11/5/2025	5/9/2024		340		340
	2,920	7760067, 4.87%, 11/6/2025	5/9/2024		2,864		2,879
	2,010	7760119, 4.56%, 11/6/2025	5/9/2024		1,974		1,953
	1,133	7760144, 4.56%, 11/6/2025	5/9/2024		1,107		1,118
	519	7760167, 5.32%, 11/6/2025	5/9/2024		513		503
	211	7760177, 5.20%, 11/6/2025	5/9/2024		211		203
	713	7760198, 4.56%, 11/6/2025	5/9/2024		695		703
	1,868	7760224, 4.57%, 11/6/2025	5/9/2024		1,823		1,843
	2,008	7760249, 4.56%, 11/6/2025	5/9/2024		1,961		1,977
	1,277	7760297, 5.11%, 11/6/2025	5/9/2024		1,261		1,227
	1,128	7760386, 4.56%, 11/6/2025	5/9/2024		1,096		1,115
	719	7760451, 5.49%, 11/6/2025	5/9/2024		714		684
	1,327	7760467, 4.56%, 11/6/2025	5/9/2024		1,309		1,165
	1,209	7760490, 6.03%, 11/6/2025	5/9/2024		1,206		1,177
	2,385	7760578, 4.87%, 11/6/2025	5/9/2024		2,346		2,324
	126	7760671, 5.31%, 11/6/2025	5/9/2024		118		126
	5,262	7760792, 5.48%, 11/6/2025	5/9/2024		5,208		4,940
	1,251	7761029, 5.91%, 11/6/2025	5/9/2024		1,248		1,187
	1,325	7761053, 5.67%, 11/6/2025	5/9/2024		1,322		262
	3,134	7761060, 5.11%, 11/6/2025	5/9/2024		3,090		3,007
	4,516	7761102, 4.87%, 11/6/2025	5/9/2024		4,465		4,261
	4,977	7761634, 4.56%, 11/6/2025	5/9/2024		4,811		4,919
	3,490	7762241, 4.56%, 11/6/2025	5/9/2024		3,407		3,441
	353	7762308, 4.56%, 11/6/2025	5/9/2024		352		156
	1,546	7762331, 5.91%, 11/6/2025	5/9/2024		1,545		1,001
	7,252	7762350, 4.56%, 11/6/2025	5/9/2024		7,066		7,158
	2,485	7762521, 5.12%, 11/6/2025	5/9/2024		2,447		2,443
	4,656	7762567, 5.12%, 11/6/2025	5/9/2024		4,592		4,523
	2,707	7762619, 4.54%, 11/6/2025	5/9/2024		2,705		338
	1,957	7762640, 5.91%, 11/6/2025	5/9/2024		1,954		1,646
	1,749	7762666, 4.88%, 11/6/2025	5/9/2024		1,733		1,225
	11,351	7762682, 4.87%, 11/6/2025	5/9/2024		11,157		11,055
	630	7762922, 5.68%, 11/6/2025	5/9/2024		627		606
	748	7762925, 4.87%, 11/6/2025	5/9/2024		692		744
	3,421	7763020, 5.91%, 11/6/2025	5/9/2024		3,411		3,264
	631	7763116, 4.87%, 11/6/2025	5/9/2024		615		623
	4,297	7763163, 4.57%, 11/6/2025	5/9/2024		4,242		3,664
	433	7763247, 5.29%, 11/6/2025	5/9/2024		426		426
	2,546	7763258, 4.87%, 11/6/2025	5/9/2024		2,492		2,498
	2,958	7763465, 4.56%, 11/6/2025	5/9/2024		2,846		2,933
	1,189	7763636, 4.57%, 11/6/2025	5/9/2024		1,156		1,175

See Notes to Financial Statements.

88 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,755	7763657, 5.67%, 11/6/2025	5/9/2024		2,741	$	2,676
	3,581	7763775, 4.53%, 11/6/2025(g)	5/9/2024		3,579		776
	2,696	7763862, 4.56%, 11/6/2025	5/9/2024		2,624		2,664
	17,225	7763875, 5.91%, 11/6/2025(g)	5/10/2024		17,197		350
	154	7764119, 4.52%, 11/7/2025	5/10/2024		153		147
	3,725	7764226, 4.57%, 11/7/2025	5/10/2024		3,642		3,659
	17,798	7764403, 4.56%, 11/7/2025	5/10/2024		17,460		17,332
	1,167	7764723, 5.91%, 11/7/2025	5/10/2024		1,166		932
	11,680	7764808, 5.12%, 11/7/2025	5/10/2024		11,451		11,490
	1,847	7765181, 4.57%, 11/7/2025	5/10/2024		1,794		1,826
	1,122	7765492, 6.21%, 11/7/2025	5/10/2024		1,121		390
	6,055	7765623, 4.56%, 11/7/2025	5/10/2024		5,910		5,972
	1,772	7765756, 4.56%, 11/7/2025	5/10/2024		1,707		1,755
	332	7765801, 4.50%, 11/7/2025	5/10/2024		331		246
	1,321	7766247, 4.56%, 11/7/2025	5/10/2024		1,291		1,302
	1,051	7766265, 4.56%, 11/7/2025	5/10/2024		1,030		1,030
	13,824	7766282, 4.56%, 11/7/2025	5/10/2024		13,556		13,532
	15,693	7766465, 5.48%, 11/7/2025	5/10/2024		15,525		15,380
	746	7766748, 5.49%, 11/7/2025	5/10/2024		741		712
	843	7767067, 4.87%, 11/7/2025	5/10/2024		823		833
	2,022	7767076, 4.56%, 11/7/2025	5/10/2024		1,977		1,985
	788	7767088, 5.31%, 11/7/2025	5/10/2024		776		774
	4,850	7767096, 5.67%, 11/7/2025	5/10/2024		4,827		4,642
	13,861	7767179, 5.91%, 11/7/2025	5/10/2024		13,853		4,026
	3,207	7767259, 4.56%, 11/7/2025	5/10/2024		3,143		3,140
	2,348	7767312, 4.87%, 11/7/2025	5/10/2024		2,301		2,309
	4,586	7767353, 5.12%, 11/7/2025	5/10/2024		4,555		1,245
	2,165	7767379, 5.30%, 11/7/2025	5/10/2024		2,126		2,134
	2,730	7767449, 4.54%, 11/7/2025	5/10/2024		2,728		1,288
	8,260	7767489, 5.67%, 11/7/2025	5/10/2024		8,243		4,671
	2,238	7767553, 4.57%, 11/7/2025	5/10/2024		2,200		2,156
	7,358	7767573, 4.56%, 11/7/2025	5/10/2024		7,180		7,257
	1,598	7767683, 5.30%, 11/7/2025	5/10/2024		1,585		1,459
	6,627	7767695, 4.57%, 11/7/2025	5/10/2024		6,441		6,551
	1,602	7767800, 4.56%, 11/7/2025	5/10/2024		1,562		1,581
	839	7767824, 5.67%, 11/7/2025	5/10/2024		835		785
	4,748	7767840, 4.57%, 11/7/2025	5/10/2024		4,643		4,668
	140	7767991, 4.53%, 11/7/2025	5/10/2024		140		131
	9,279	7768193, 4.87%, 11/8/2025	5/13/2024		9,127		8,980
	1,737	7768376, 4.87%, 11/8/2025	5/13/2024		1,682		1,701
	1,741	7768417, 4.57%, 11/8/2025	5/13/2024		1,707		1,692
	227	7768463, 5.90%, 11/8/2025	5/13/2024		222		223
	3,943	7768504, 5.67%, 11/8/2025	5/13/2024		3,931		2,869
	1,013	7768574, 4.86%, 11/8/2025	5/13/2024		990		998
	928	7768634, 5.29%, 11/8/2025	5/13/2024		920		859

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 89

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	435	7768671, 4.87%, 11/8/2025	5/13/2024		420	$	430
	1,401	7768678, 5.12%, 11/8/2025	5/13/2024		1,381		1,354
	14,493	7768913, 5.12%, 11/8/2025	5/13/2024		14,255		14,095
	183	7769211, 5.30%, 11/8/2025	5/13/2024		164		182
	724	7769231, 5.91%, 11/8/2025	5/13/2024		723		156
	10,021	7769247, 5.30%, 11/8/2025	5/13/2024		9,935		8,878
	2,405	7769514, 5.49%, 11/8/2025	5/13/2024		2,388		2,242
	1,372	7769548, 5.11%, 11/8/2025	5/13/2024		1,342		1,350
	14,927	7769616, 4.87%, 11/8/2025	5/13/2024		14,760		13,646
	3,183	7769719, 4.56%, 11/8/2025	5/13/2024		3,073		3,148
	1,338	7769766, 5.11%, 11/8/2025	5/13/2024		1,325		961
	5,211	7769770, 4.87%, 11/8/2025	5/13/2024		5,078		5,144
	1,392	7769865, 5.11%, 11/8/2025	5/13/2024		1,358		1,355
	57,635	7769925, 4.87%, 11/8/2025(g)	5/13/2024		57,211		33,533
	2,375	7770126, 4.56%, 11/8/2025	5/13/2024		2,324		2,320
	3,876	7770402, 5.49%, 11/8/2025	5/13/2024		3,845		3,232
	4,218	7770660, 4.56%, 11/8/2025	5/13/2024		4,118		4,148
	250	7770695, 4.53%, 11/8/2025	5/13/2024		249		235
	4,547	7770774, 4.87%, 11/8/2025	5/13/2024		4,487		4,267
	2,144	7770815, 5.49%, 11/8/2025	5/13/2024		2,117		2,063
	6,102	7770836, 4.57%, 11/8/2025	5/13/2024		5,948		6,021
	8,204	7770967, 4.87%, 11/8/2025	5/13/2024		8,081		8,000
	7,527	7771037, 5.48%, 11/8/2025	5/13/2024		7,483		6,997
	1,332	7771103, 5.67%, 11/8/2025	5/13/2024		1,322		1,290
	24,519	7771112, 5.48%, 11/8/2025	5/13/2024		24,246		23,830
	1,611	7771393, 4.87%, 11/8/2025	5/13/2024		1,575		1,557
	31,455	7771405, 5.30%, 11/8/2025	5/13/2024		31,156		28,563
	1,142	7773714, 4.57%, 11/8/2025	5/14/2024		1,105		1,130
	671	7773859, 5.13%, 11/9/2025	5/14/2024		657		662
	173	7773866, 6.06%, 11/9/2025	5/14/2024		173		168
	2,546	7773887, 4.58%, 11/9/2025	5/14/2024		2,496		2,497
	1,737	7773927, 4.58%, 11/9/2025	5/14/2024		1,708		1,666
	1,261	7774022, 4.58%, 11/9/2025	5/14/2024		1,238		1,227
	2,893	7774129, 4.58%, 11/9/2025	5/14/2024		2,770		2,869
	3,579	7774232, 5.69%, 11/9/2025	5/14/2024		3,560		3,408
	12,450	7774399, 5.14%, 11/9/2025	5/14/2024		12,312		11,524
	5,521	7774929, 4.58%, 11/9/2025	5/14/2024		5,410		5,377
	2,764	7775080, 5.13%, 11/9/2025	5/14/2024		2,701		2,731
	7,646	7775303, 4.58%, 11/9/2025	5/14/2024		7,458		7,522
	620	7775515, 5.32%, 11/9/2025	5/14/2024		602		611
	4,727	7775532, 5.94%, 11/9/2025	5/14/2024		4,720		2,039
	27,304	7775985, 5.69%, 11/9/2025	5/14/2024		27,177		25,431
	2,534	7776251, 5.50%, 11/9/2025	5/14/2024		2,521		1,523
	3,934	7776291, 4.58%, 11/9/2025	5/14/2024		3,842		3,869
	8,441	7776311, 5.94%, 11/9/2025(g)	5/14/2024		8,431		1,080

See Notes to Financial Statements.

90 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	357	7776383, 6.23%, 11/9/2025	5/14/2024		357	$	337
	10,833	7776387, 4.58%, 11/9/2025	5/14/2024		10,593		10,513
	1,154	7776591, 5.33%, 11/9/2025	5/14/2024		1,144		1,035
	4,069	7776610, 5.69%, 11/9/2025	5/14/2024		4,058		2,991
	25,664	7776638, 4.58%, 11/9/2025	5/14/2024		24,943		25,337
	1,089	7777012, 4.55%, 11/9/2025	5/14/2024		1,088		788
	3,129	7777034, 4.58%, 11/9/2025	5/14/2024		3,052		3,083
	3,132	7777245, 5.69%, 11/9/2025	5/14/2024		3,121		2,610
	596	7777270, 4.91%, 11/9/2025	5/14/2024		585		581
	2,235	7777345, 5.14%, 11/9/2025	5/14/2024		2,199		2,128
	662	7777396, 6.06%, 11/9/2025	5/14/2024		662		587
	3,849	7777404, 4.89%, 11/9/2025	5/14/2024		3,764		3,794
	811	7777483, 4.90%, 11/9/2025	5/14/2024		792		799
	7,887	7777490, 4.89%, 11/9/2025	5/14/2024		7,804		3,075
	1,911	7777534, 4.58%, 11/9/2025	5/14/2024		1,868		1,877
	719	7777584, 4.88%, 11/9/2025	5/14/2024		710		662
	1,852	7777601, 4.58%, 11/9/2025	5/14/2024		1,806		1,827
	9,693	7777624, 4.58%, 11/9/2025	5/14/2024		9,534		9,299
	26,018	7777704, 5.14%, 11/9/2025	5/14/2024		25,448		25,671
	1,073	7777970, 4.58%, 11/9/2025(g)	5/15/2024		1,072		10
	3,292	7778010, 4.58%, 11/10/2025	5/15/2024		3,198		3,240
	3,424	7778116, 5.14%, 11/10/2025	5/15/2024		3,363		3,368
	2,887	7778358, 5.51%, 11/10/2025	5/15/2024		2,859		2,713
	1,145	7778386, 4.58%, 11/10/2025	5/15/2024		1,116		1,126
	1,051	7778400, 4.57%, 11/10/2025	5/15/2024		1,041		839
	1,123	7778526, 4.59%, 11/10/2025	5/15/2024		1,095		1,103
	6,014	7778554, 5.93%, 11/10/2025	5/15/2024		6,007		5,018
	3,015	7779145, 5.69%, 11/10/2025	5/15/2024		3,005		2,081
	13,345	7779293, 4.89%, 11/10/2025	5/15/2024		13,221		3,567
	969	7779603, 5.94%, 11/10/2025	5/15/2024		967		885
	1,301	7779705, 4.55%, 11/10/2025	5/15/2024		1,299		1,135
	3,809	7779718, 4.58%, 11/10/2025	5/15/2024		3,733		3,710
	2,612	7779779, 4.55%, 11/10/2025	5/15/2024		2,611		602
	4,962	7779810, 4.89%, 11/10/2025	5/15/2024		4,877		4,833
	5,178	7779955, 4.89%, 11/10/2025	5/15/2024		5,080		5,084
	2,285	7780021, 4.89%, 11/10/2025	5/15/2024		2,238		2,239
	16,351	7780130, 4.58%, 11/10/2025	5/15/2024		16,119		13,989
	2,151	7780297, 5.69%, 11/10/2025	5/15/2024		2,144		1,531
	1,724	7780305, 4.58%, 11/10/2025	5/15/2024		1,671		1,703
	484	7780359, 5.69%, 11/10/2025	5/15/2024		462		465
	41,448	7780445, 4.58%, 11/10/2025	5/15/2024		40,590		40,579
	1,982	7780768, 5.32%, 11/10/2025	5/15/2024		1,934		1,957
	10,503	7780822, 4.55%, 11/10/2025	5/15/2024		10,499		1,332
	2,862	7780985, 5.22%, 11/10/2025	5/15/2024		2,861		1,024
	5,184	7781012, 4.58%, 11/10/2025	5/15/2024		5,076		4,984

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 91

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,182	7781184, 6.25%, 11/10/2025	5/15/2024		1,181	$	781
	8,041	7781194, 4.89%, 11/10/2025	5/15/2024		7,945		6,681
	2,192	7781257, 4.58%, 11/10/2025	5/15/2024		2,132		2,163
	10,099	7781285, 4.58%, 11/10/2025	5/15/2024		9,837		9,965
	7,466	7781382, 4.89%, 11/10/2025	5/15/2024		7,215		7,399
	8,735	7781494, 4.58%, 11/10/2025	5/15/2024		8,589		8,373
	15,097	7781530, 4.55%, 11/10/2025(g)	5/15/2024		15,091		827
	2,572	7781556, 5.50%, 11/10/2025	5/15/2024		2,551		2,417
	13,507	7781612, 4.89%, 11/10/2025	5/15/2024		13,337		12,252
	343	7781672, 6.08%, 11/11/2025	5/16/2024		342		328
	618	7781873, 4.54%, 11/11/2025	5/16/2024		617		393
	5,413	7781877, 4.58%, 11/11/2025	5/16/2024		5,286		5,319
	2,907	7781934, 5.14%, 11/11/2025	5/16/2024		2,863		2,809
	867	7782018, 4.54%, 11/11/2025	5/16/2024		866		684
	15,159	7782025, 5.93%, 11/11/2025	5/16/2024		15,148		4,480
	17,439	7782134, 5.32%, 11/11/2025	5/16/2024		17,285		15,705
	579	7782262, 5.71%, 11/11/2025	5/16/2024		576		497
	5,707	7782265, 4.58%, 11/11/2025	5/16/2024		5,588		5,586
	1,976	7782391, 4.89%, 11/11/2025	5/16/2024		1,931		1,941
	2,165	7782445, 4.89%, 11/11/2025	5/16/2024		2,118		2,133
	1,158	7782512, 4.58%, 11/11/2025	5/16/2024		1,123		1,145
	515	7782535, 4.91%, 11/11/2025	5/16/2024		504		504
	2,967	7782574, 4.58%, 11/11/2025	5/16/2024		2,909		2,888
	6,850	7782621, 5.93%, 11/11/2025	5/16/2024		6,840		4,434
	14,497	7782658, 4.58%, 11/11/2025	5/16/2024		14,219		14,102
	772	7782781, 5.92%, 11/12/2025	5/16/2024		767		761
	1,799	7782813, 5.31%, 11/12/2025	5/16/2024		1,785		1,592
	474	7782826, 5.96%, 11/12/2025	5/16/2024		472		362
	2,266	7782830, 5.92%, 11/12/2025	5/16/2024		2,255		1,428
	1,151	7782843, 4.58%, 11/12/2025	5/16/2024		1,120		1,135
	8,857	7782936, 5.13%, 11/12/2025	5/16/2024		8,744		8,427
	751	7783032, 4.57%, 11/12/2025	5/16/2024		725		743
	1,836	7783045, 5.31%, 11/12/2025	5/16/2024		1,809		1,785
	7,280	7783081, 5.92%, 11/12/2025	5/16/2024		7,263		6,112
	445	7783157, 4.57%, 11/12/2025	5/16/2024		417		442
	5,708	7783171, 5.13%, 11/12/2025	5/16/2024		5,465		5,662
	3,246	7783594, 4.57%, 11/12/2025	5/16/2024		3,202		1,401
	4,266	7783621, 4.54%, 11/12/2025	5/16/2024		4,263		1,517
	9,592	7783961, 5.91%, 11/13/2025(g)	5/16/2024		9,581		76
	10,721	7783999, 4.56%, 11/13/2025	5/16/2024		10,570		9,038
	3,358	7784080, 5.30%, 11/13/2025	5/16/2024		3,332		2,108
	973	7784190, 4.55%, 11/13/2025	5/16/2024		972		139
	458	7784219, 5.92%, 11/13/2025	5/16/2024		456		450
	2,350	7784544, 4.87%, 11/13/2025	5/16/2024		2,321		1,957
	879	7785225, 4.57%, 11/13/2025	5/16/2024		848		870

See Notes to Financial Statements.

92 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,918	7785401, 4.56%, 11/13/2025	5/16/2024		1,863	$	1,894
	3,379	7785475, 4.87%, 11/13/2025	5/16/2024		3,335		3,213
	3,984	7785534, 4.56%, 11/13/2025	5/16/2024		3,894		3,914
	806	7785597, 5.48%, 11/13/2025	5/16/2024		794		796
	2,762	7785775, 4.87%, 11/13/2025	5/16/2024		2,720		2,682
	5,318	7785834, 4.56%, 11/13/2025	5/16/2024		5,205		5,165
	830	7785872, 4.56%, 11/13/2025	5/16/2024		806		820
	2,163	7785885, 4.87%, 11/13/2025	5/16/2024		2,124		2,122
	3,396	7785924, 4.57%, 11/13/2025	5/16/2024		3,313		3,344
	19,033	7786004, 4.87%, 11/13/2025	5/16/2024		18,820		14,788
	1,739	7786367, 4.57%, 11/13/2025	5/16/2024		1,713		1,504
	2,715	7786436, 5.12%, 11/13/2025	5/16/2024		2,674		2,615
	4,472	7786499, 4.53%, 11/13/2025(g)	5/16/2024		4,469		1,671
	749	7786584, 4.56%, 11/13/2025	5/16/2024		730		738
	1,394	7786603, 4.57%, 11/13/2025	5/16/2024		1,369		1,334
	2,745	7786680, 4.56%, 11/13/2025	5/16/2024		2,679		2,700
	8,251	7786736, 4.87%, 11/13/2025	5/16/2024		8,126		7,893
	607	7786831, 5.68%, 11/13/2025	5/16/2024		603		590
	661	7786842, 4.58%, 11/13/2025	5/16/2024		643		652
	2,030	7786896, 6.02%, 11/13/2025	5/16/2024		2,028		1,349
	959	7786920, 5.30%, 11/13/2025	5/16/2024		945		923
	3,764	7786933, 5.67%, 11/13/2025	5/16/2024		3,737		3,652
	16,130	7787084, 4.87%, 11/13/2025	5/16/2024		15,712		15,936
	1,414	7787410, 5.91%, 11/13/2025	5/16/2024		1,403		1,387
	1,567	7787459, 5.48%, 11/13/2025	5/16/2024		1,547		1,538
	4,078	7787515, 4.87%, 11/13/2025	5/16/2024		3,989		4,015
	22,658	7787577, 4.87%, 11/13/2025	5/16/2024		22,215		22,066
	2,472	7787897, 4.87%, 11/14/2025	5/17/2024		2,436		2,386
	1,762	7787907, 5.67%, 11/14/2025	5/17/2024		1,754		1,168
	5,724	7787984, 4.87%, 11/14/2025	5/17/2024		5,604		5,589
	811	7788127, 4.56%, 11/14/2025	5/17/2024		795		791
	4,943	7788148, 5.67%, 11/14/2025	5/17/2024		4,918		4,686
	4,163	7788360, 4.56%, 11/14/2025	5/17/2024		4,058		4,103
	699	7788885, 5.65%, 11/14/2025	5/17/2024		695		653
	94	7788983, 5.67%, 11/14/2025	5/17/2024		90		93
	959	7788993, 4.56%, 11/14/2025	5/17/2024		924		949
	1,677	7789082, 4.56%, 11/14/2025	5/17/2024		1,627		1,655
	625	7789129, 5.49%, 11/14/2025	5/17/2024		620		582
	339	7789376, 4.56%, 11/14/2025	5/17/2024		338		293
	960	7789396, 4.52%, 11/14/2025	5/17/2024		957		785
	3,860	7789600, 4.87%, 11/14/2025	5/17/2024		3,786		3,759
	4,834	7789747, 4.56%, 11/14/2025	5/17/2024		4,727		4,735
	4,837	7789805, 4.56%, 11/14/2025	5/17/2024		4,718		4,753
	14,569	7789944, 4.57%, 11/14/2025	5/17/2024		14,359		12,429
	756	7790037, 6.22%, 11/14/2025	5/17/2024		754		707

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 93

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	58	7790055, 4.57%, 11/14/2025	5/17/2024		58	$	55
	2,573	7790303, 5.29%, 11/14/2025	5/17/2024		2,555		1,718
	750	7790320, 6.22%, 11/14/2025	5/17/2024		749		396
	1,440	7790405, 4.58%, 11/14/2025	5/17/2024		1,416		1,384
	3,708	7790415, 5.12%, 11/14/2025	5/17/2024		3,646		3,585
	126	7790441, 4.56%, 11/14/2025	5/17/2024		118		126
	205	7790517, 4.54%, 11/14/2025	5/17/2024		204		181
	2,271	7790530, 4.73%, 11/14/2025	5/17/2024		2,248		1,942
	8,586	7790564, 5.12%, 11/14/2025	5/17/2024		8,504		7,415
	2,775	7790587, 4.56%, 11/14/2025	5/17/2024		2,726		2,667
	20,230	7790725, 4.87%, 11/14/2025	5/17/2024		19,823		19,831
	1,306	7790905, 4.56%, 11/14/2025	5/17/2024		1,276		1,280
	2,142	7790919, 4.56%, 11/14/2025	5/17/2024		2,103		2,063
	6,082	7790925, 4.56%, 11/14/2025	5/17/2024		5,954		5,950
	648	7790977, 4.89%, 11/14/2025	5/17/2024		635		634
	1,376	7790980, 5.48%, 11/14/2025	5/17/2024		1,366		1,291
	10,313	7791016, 4.53%, 11/14/2025	5/17/2024		10,300		8,457
	854	7791151, 5.64%, 11/14/2025	5/17/2024		851		596
	1,075	7791166, 4.57%, 11/14/2025	5/17/2024		1,053		1,053
	4,348	7791415, 5.12%, 11/15/2025	5/20/2024		4,223		4,295
	1,803	7791501, 5.67%, 11/15/2025	5/20/2024		1,795		1,486
	1,614	7791509, 4.53%, 11/15/2025(g)	5/20/2024		1,605		588
	1,691	7791523, 4.56%, 11/15/2025	5/20/2024		1,643		1,668
	2,493	7791550, 4.57%, 11/15/2025	5/20/2024		2,428		2,457
	2,499	7791573, 4.57%, 11/15/2025	5/20/2024		2,449		2,432
	884	7791582, 5.91%, 11/15/2025	5/20/2024		873		826
	5,167	7791589, 4.56%, 11/15/2025	5/20/2024		5,037		5,076
	1,182	7791681, 4.56%, 11/15/2025	5/20/2024		1,159		1,138
	907	7791688, 4.53%, 11/15/2025	5/20/2024		896		757
	322	7792204, 4.88%, 11/15/2025	5/20/2024		302		320
	6,829	7792385, 4.87%, 11/15/2025	5/20/2024		6,625		6,745
	1,487	7792592, 4.57%, 11/15/2025	5/20/2024		1,445		1,462
	2,022	7792628, 4.56%, 11/15/2025	5/20/2024		1,958		1,997
	1,337	7792684, 4.53%, 11/15/2025(g)	5/20/2024		1,336		636
	3,140	7792719, 5.91%, 11/15/2025	5/20/2024		3,135		1,701
	9,113	7792728, 4.57%, 11/15/2025	5/20/2024		8,893		8,908
	1,484	7792928, 5.20%, 11/15/2025	5/20/2024		1,482		230
	2,945	7793027, 4.56%, 11/15/2025	5/20/2024		2,889		2,839
	583	7793068, 4.89%, 11/15/2025	5/20/2024		569		569
	4,898	7793089, 4.56%, 11/15/2025	5/20/2024		4,766		4,829
	1,353	7793178, 4.57%, 11/15/2025	5/20/2024		1,327		1,314
	2,864	7793202, 4.56%, 11/15/2025	5/20/2024		2,815		2,480
	9,350	7793303, 5.67%, 11/15/2025	5/20/2024		9,263		8,877
	27,969	7793403, 4.87%, 11/15/2025	5/20/2024		27,372		26,982
	754	7793663, 4.52%, 11/15/2025	5/20/2024		754		538

See Notes to Financial Statements.

94 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	5,551	7793669, 4.57%, 11/15/2025	5/20/2024		5,434	$	5,334
	998	7793700, 6.03%, 11/15/2025	5/20/2024		966		961
	744	7793720, 4.87%, 11/15/2025	5/20/2024		726		725
	2,217	7793746, 5.67%, 11/15/2025	5/20/2024		2,195		2,082
	1,774	7793778, 5.67%, 11/15/2025	5/20/2024		1,758		1,728
	11,198	7793814, 4.56%, 11/15/2025	5/20/2024		10,959		10,958
	1,508	7793907, 4.87%, 11/15/2025	5/20/2024		1,468		1,482
	403	7793930, 4.55%, 11/15/2025	5/20/2024		402		336
	391	7793962, 5.28%, 11/15/2025	5/20/2024		384		384
	17,217	7793968, 4.87%, 11/15/2025	5/20/2024		16,834		16,897
	6,460	7794093, 4.87%, 11/15/2025	5/20/2024		6,192		6,381
	918	7794175, 4.56%, 11/15/2025	5/20/2024		896		898
	32,035	7794433, 4.56%, 11/15/2025	5/20/2024		31,200		31,565
	1,402	7795013, 4.56%, 11/15/2025	5/20/2024		1,349		1,387
	9,583	7795032, 4.56%, 11/15/2025	5/20/2024		9,196		9,490
	2,927	7797080, 4.58%, 11/16/2025	5/21/2024		2,872		2,808
	4,348	7797119, 5.94%, 11/16/2025	5/21/2024		4,344		3,074
	1,675	7797281, 5.69%, 11/16/2025	5/21/2024		1,662		1,604
	603	7797367, 4.59%, 11/16/2025	5/21/2024		577		596
	1,689	7797495, 5.69%, 11/16/2025	5/21/2024		1,672		1,651
	3,363	7797705, 4.89%, 11/16/2025	5/21/2024		3,313		3,199
	3,405	7797741, 4.58%, 11/16/2025	5/21/2024		3,298		3,364
	1,671	7797897, 4.58%, 11/16/2025	5/21/2024		1,631		1,642
	2,532	7797928, 5.32%, 11/16/2025	5/21/2024		2,507		2,143
	13,175	7798020, 4.58%, 11/16/2025	5/21/2024		12,845		12,971
	1,849	7798252, 4.58%, 11/16/2025	5/21/2024		1,799		1,822
	3,868	7798272, 4.58%, 11/16/2025	5/21/2024		3,777		3,788
	6,731	7798304, 5.69%, 11/16/2025	5/21/2024		6,699		5,351
	2,567	7798353, 5.50%, 11/16/2025	5/21/2024		2,508		2,541
	3,278	7798385, 5.14%, 11/16/2025	5/21/2024		3,167		3,246
	1,083	7798462, 5.93%, 11/16/2025	5/21/2024		1,081		788
	2,169	7798464, 5.14%, 11/16/2025	5/21/2024		2,050		2,151
	11,459	7798516, 6.24%, 11/16/2025	5/21/2024		11,445		4,860
	456	7798747, 5.51%, 11/16/2025	5/21/2024		437		450
	10,797	7798769, 4.58%, 11/16/2025	5/21/2024		10,537		10,548
	9,645	7799053, 5.69%, 11/16/2025	5/21/2024		9,611		3,837
	1,277	7799840, 4.58%, 11/16/2025	5/21/2024		1,252		1,241
	7,764	7799873, 4.58%, 11/16/2025	5/21/2024		7,569		7,631
	2,003	7799970, 6.05%, 11/16/2025	5/21/2024		1,999		1,800
	3,592	7800189, 5.13%, 11/17/2025	5/22/2024		3,542		3,329
	5,001	7800566, 4.58%, 11/17/2025	5/22/2024		4,904		4,619
	1,934	7800588, 5.69%, 11/17/2025	5/22/2024		1,925		1,517
	582	7800598, 5.69%, 11/17/2025	5/22/2024		579		505
	3,726	7800618, 4.58%, 11/17/2025	5/22/2024		3,657		3,586
	6,649	7800635, 4.89%, 11/17/2025	5/22/2024		6,521		6,518

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 95

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,402	7800697, 5.69%, 11/17/2025	5/22/2024		2,387	$	2,255
	19,000	7800825, 5.32%, 11/17/2025	5/22/2024		18,838		16,201
	497	7800901, 5.13%, 11/17/2025	5/22/2024		482		489
	1,089	7800910, 5.32%, 11/17/2025	5/22/2024		1,067		1,056
	2,137	7800934, 4.89%, 11/17/2025	5/22/2024		2,091		2,084
	1,110	7800945, 6.04%, 11/17/2025	5/22/2024		1,108		877
	13,327	7800952, 5.32%, 11/17/2025	5/22/2024		13,246		8,135
	1,363	7801039, 6.24%, 11/17/2025	5/22/2024		1,363		1,083
	4,746	7801051, 4.58%, 11/17/2025	5/22/2024		4,602		4,683
	766	7801168, 4.56%, 11/17/2025	5/22/2024		766		518
	2,344	7801233, 5.51%, 11/17/2025	5/22/2024		2,319		2,237
	991	7801275, 5.15%, 11/17/2025	5/22/2024		975		961
	438	7801303, 5.14%, 11/17/2025	5/22/2024		415		436
	4,223	7801329, 4.59%, 11/17/2025	5/22/2024		4,155		3,094
	1,976	7801409, 6.04%, 11/17/2025(g)	5/22/2024		1,974		284
	2,324	7801422, 5.93%, 11/17/2025	5/22/2024		2,322		1,616
	2,120	7801455, 4.89%, 11/17/2025	5/22/2024		2,085		2,023
	10,532	7801486, 5.32%, 11/17/2025	5/22/2024		10,296		10,282
	4,942	7801727, 4.58%, 11/17/2025	5/22/2024		4,793		4,879
	3,246	7801833, 4.89%, 11/17/2025	5/22/2024		3,196		3,109
	2,919	7801864, 4.58%, 11/17/2025	5/22/2024		2,852		2,857
	8,400	7801904, 5.32%, 11/17/2025(g)	5/22/2024		8,339		1,714
	6,436	7801955, 4.58%, 11/17/2025	5/22/2024		6,342		2,953
	8,390	7801993, 4.58%, 11/17/2025	5/22/2024		8,154		8,274
	807	7802524, 4.56%, 11/17/2025	5/22/2024		806		593
	4,515	7802591, 4.58%, 11/17/2025	5/22/2024		4,409		4,423
	2,615	7802761, 4.89%, 11/17/2025	5/22/2024		2,555		2,571
	15,500	7802783, 4.58%, 11/17/2025	5/22/2024		15,019		15,300
	1,742	7802932, 4.58%, 11/17/2025	5/22/2024		1,700		1,717
	2,334	7803052, 5.70%, 11/17/2025	5/22/2024		2,323		1,832
	3,721	7803080, 6.06%, 11/17/2025	5/22/2024		3,714		3,369
	548	7803179, 4.56%, 11/17/2025	5/22/2024		547		503
	1,705	7803253, 4.90%, 11/17/2025	5/22/2024		1,677		1,634
	1,479	7803359, 5.69%, 11/17/2025	5/22/2024		1,469		1,410
	4,344	7803382, 5.32%, 11/17/2025	5/22/2024		4,305		3,717
	12,337	7803421, 5.51%, 11/17/2025	5/22/2024		12,266		8,785
	180	7803536, 5.94%, 11/17/2025	5/22/2024		178		175
	2,913	7803551, 4.89%, 11/17/2025	5/22/2024		2,775		2,892
	1,738	7803589, 5.94%, 11/17/2025	5/22/2024		1,734		623
	3,614	7803602, 4.58%, 11/17/2025	5/22/2024		3,546		3,476
	9,236	7803612, 5.93%, 11/17/2025	5/22/2024		9,214		4,184
	5,106	7803840, 4.89%, 11/17/2025	5/22/2024		5,061		1,669
	4,061	7803868, 5.51%, 11/17/2025	5/22/2024		4,026		3,814
	9,313	7803941, 4.58%, 11/17/2025	5/22/2024		9,103		9,116
	4,968	7804097, 4.58%, 11/18/2025	5/23/2024		4,846		4,876

See Notes to Financial Statements.

96 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	6,265	7804139, 5.94%, 11/18/2025(g)	5/23/2024		6,262	$	39
	1,793	7804157, 5.69%, 11/18/2025	5/23/2024		1,768		1,745
	183	7804186, 6.06%, 11/18/2025	5/23/2024		181		181
	1,430	7804193, 4.58%, 11/18/2025	5/23/2024		1,396		1,404
	726	7804284, 6.25%, 11/18/2025	5/23/2024		722		633
	1,050	7804303, 4.89%, 11/18/2025	5/23/2024		1,032		1,008
	1,227	7804313, 4.89%, 11/18/2025	5/23/2024		1,207		1,175
	11,495	7804343, 4.58%, 11/18/2025	5/23/2024		11,225		11,258
	1,545	7804426, 5.69%, 11/18/2025	5/23/2024		1,532		1,453
	5,105	7804451, 4.58%, 11/18/2025	5/23/2024		4,979		5,010
	1,839	7804552, 4.58%, 11/18/2025	5/23/2024		1,791		1,807
	2,178	7804577, 4.89%, 11/18/2025	5/23/2024		2,118		2,139
	2,514	7804607, 5.68%, 11/18/2025(g)	5/23/2024		2,506		486
	6,973	7804618, 5.94%, 11/18/2025(g)	5/23/2024		6,971		51
	169	7804671, 4.58%, 11/18/2025	5/23/2024		158		168
	907	7804693, 5.94%, 11/18/2025	5/23/2024		902		873
	1,925	7804712, 4.90%, 11/18/2025	5/23/2024		1,897		1,769
	3,092	7804751, 4.58%, 11/18/2025	5/23/2024		3,006		3,024
	10,338	7804773, 4.89%, 11/18/2025	5/23/2024		10,103		10,143
	1,962	7804877, 4.59%, 11/18/2025	5/23/2024		1,903		1,935
	2,442	7804903, 4.58%, 11/18/2025	5/23/2024		2,381		2,399
	3,108	7804921, 4.58%, 11/19/2025	5/23/2024		3,035		3,043
	6,230	7804999, 4.57%, 11/19/2025	5/23/2024		5,985		6,164
	1,184	7805087, 4.57%, 11/19/2025	5/23/2024		1,147		1,170
	11,336	7805117, 5.31%, 11/19/2025	5/23/2024		11,228		9,869
	3,187	7805181, 4.57%, 11/19/2025	5/23/2024		3,135		2,670
	4,519	7805210, 5.12%, 11/19/2025	5/23/2024		4,450		4,219
	2,936	7805232, 4.57%, 11/19/2025	5/23/2024		2,871		2,850
	2,745	7805253, 4.57%, 11/19/2025	5/23/2024		2,646		2,716
	1,188	7805308, 5.50%, 11/19/2025	5/23/2024		1,171		1,154
	1,270	7805329, 5.30%, 11/19/2025	5/23/2024		1,252		1,236
	2,272	7805346, 5.67%, 11/19/2025	5/23/2024		2,249		2,186
	2,356	7805386, 4.58%, 11/19/2025	5/23/2024		2,319		1,732
	672	7805395, 6.03%, 11/19/2025	5/23/2024		669		637
	1,176	7805406, 5.93%, 11/19/2025	5/23/2024		1,173		920
	2,792	7805425, 4.57%, 11/19/2025	5/23/2024		2,727		2,718
	1,611	7805479, 4.57%, 11/19/2025	5/23/2024		1,569		1,587
	5,110	7805520, 4.57%, 11/19/2025	5/23/2024		4,994		5,002
	569	7805579, 5.68%, 11/19/2025	5/23/2024		554		564
	810	7805601, 4.88%, 11/19/2025	5/23/2024		792		794
	2,382	7805750, 4.56%, 11/20/2025	5/23/2024		2,320		2,342
	7,915	7805773, 4.87%, 11/20/2025	5/23/2024		7,680		7,773
	4,524	7806059, 4.87%, 11/20/2025	5/23/2024		4,434		4,435
	1,741	7806737, 5.30%, 11/20/2025	5/23/2024		1,710		1,685
	9,341	7806822, 4.56%, 11/20/2025	5/23/2024		9,141		9,086

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 97

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	722	7807002, 4.56%, 11/20/2025	5/23/2024		694	$	714
	5,887	7807181, 5.49%, 11/20/2025	5/23/2024		5,837		5,367
	14,879	7807248, 4.56%, 11/20/2025	5/23/2024		14,600		14,310
	6,758	7807409, 4.56%, 11/20/2025	5/23/2024		6,591		6,632
	444	7807500, 6.03%, 11/20/2025	5/23/2024		443		431
	938	7807516, 4.88%, 11/20/2025	5/23/2024		910		928
	1,171	7807530, 4.57%, 11/20/2025	5/23/2024		1,124		1,159
	21,740	7807538, 4.56%, 11/20/2025	5/23/2024		21,256		21,256
	5,618	7807844, 4.87%, 11/20/2025	5/23/2024		5,566		2,237
	1,201	7807865, 5.21%, 11/20/2025	5/23/2024		1,200		383
	1,169	7807876, 5.92%, 11/20/2025	5/23/2024		1,168		995
	1,489	7807976, 5.12%, 11/20/2025	5/23/2024		1,457		1,454
	7,001	7807992, 4.87%, 11/20/2025	5/23/2024		6,878		6,683
	959	7808034, 5.92%, 11/20/2025	5/23/2024		954		924
	3,606	7808040, 5.67%, 11/20/2025	5/23/2024		3,579		3,456
	3,339	7808107, 4.87%, 11/20/2025	5/23/2024		3,262		3,284
	451	7808181, 5.91%, 11/20/2025	5/23/2024		446		445
	1,572	7808192, 5.12%, 11/20/2025	5/23/2024		1,541		1,542
	6,193	7808209, 5.48%, 11/20/2025	5/23/2024		6,046		6,099
	1,917	7808783, 6.22%, 11/20/2025	5/23/2024		1,913		1,848
	24,855	7808805, 4.87%, 11/20/2025	5/23/2024		24,404		24,139
	630	7809198, 6.03%, 11/20/2025	5/23/2024		629		588
	906	7809204, 4.58%, 11/20/2025	5/23/2024		884		888
	3,789	7809213, 4.87%, 11/20/2025	5/23/2024		3,703		3,724
	1,076	7809244, 6.24%, 11/20/2025(g)	5/23/2024		1,076		86
	14,583	7809702, 5.12%, 11/21/2025	5/24/2024		14,442		9,432
	85	7810082, 4.56%, 11/21/2025	5/24/2024		85		81
	1,567	7810084, 4.56%, 11/21/2025	5/24/2024		1,524		1,543
	963	7810477, 4.87%, 11/21/2025	5/24/2024		939		943
	3,751	7810509, 4.87%, 11/21/2025	5/24/2024		3,560		3,723
	4,526	7810731, 6.22%, 11/21/2025	5/24/2024		4,522		3,856
	73	7810858, 5.93%, 11/21/2025	5/24/2024		70		72
	419	7810877, 4.56%, 11/21/2025	5/24/2024		398		415
	1,334	7810890, 4.56%, 11/21/2025	5/24/2024		1,298		1,310
	884	7810933, 5.91%, 11/21/2025(g)	5/24/2024		883		8
	500	7810937, 4.53%, 11/21/2025	5/24/2024		499		466
	9,546	7810954, 5.67%, 11/21/2025	5/24/2024		9,497		8,101
	21,176	7811104, 5.67%, 11/21/2025	5/24/2024		21,094		12,206
	813	7811269, 5.66%, 11/21/2025	5/24/2024		802		785
	3,327	7811286, 5.68%, 11/21/2025(g)	5/24/2024		3,316		85
	1,537	7811307, 4.87%, 11/21/2025	5/24/2024		1,507		1,493
	6,159	7811382, 4.53%, 11/21/2025	5/24/2024		6,152		5,401
	1,652	7811545, 5.67%, 11/21/2025	5/24/2024		1,643		1,520
	4,900	7811599, 4.87%, 11/21/2025	5/24/2024		4,781		4,822
	1,521	7811752, 4.88%, 11/21/2025	5/24/2024		1,494		1,455

See Notes to Financial Statements.

98 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,468	7811772, 4.56%, 11/21/2025	5/24/2024		3,386	$	3,393
	13,040	7811822, 4.56%, 11/21/2025	5/24/2024		12,774		12,642
	8,351	7811965, 4.56%, 11/21/2025	5/24/2024		8,158		8,174
	2,860	7812087, 5.12%, 11/21/2025	5/24/2024		2,817		2,676
	871	7812136, 5.30%, 11/21/2025	5/24/2024		863		809
	3,574	7812139, 4.57%, 11/21/2025	5/24/2024		3,509		3,093
	2,162	7812214, 5.11%, 11/21/2025	5/24/2024		2,129		2,066
	1,574	7812242, 4.55%, 11/21/2025(g)	5/24/2024		1,573		511
	22,708	7812250, 6.03%, 11/21/2025	5/24/2024		22,678		12,762
	1,475	7812468, 5.67%, 11/21/2025	5/24/2024		1,464		1,425
	12,165	7812748, 4.56%, 11/21/2025	5/24/2024		11,657		12,051
	10,954	7812900, 4.57%, 11/21/2025	5/24/2024		10,635		10,788
	14,562	7813079, 4.87%, 11/21/2025	5/24/2024		14,298		14,125
	1,997	7813258, 5.67%, 11/22/2025	5/28/2024		1,939		1,958
	1,120	7813844, 5.12%, 11/22/2025	5/28/2024		1,104		1,036
	2,516	7813869, 5.49%, 11/22/2025	5/28/2024		2,493		2,325
	1,025	7813936, 4.56%, 11/22/2025	5/28/2024		996		1,010
	1,048	7814046, 5.49%, 11/22/2025	5/28/2024		1,034		1,015
	9,990	7814126, 4.57%, 11/22/2025	5/28/2024		9,773		9,720
	1,055	7814303, 4.87%, 11/22/2025	5/28/2024		1,029		1,031
	1,312	7814434, 6.22%, 11/22/2025	5/28/2024		1,310		629
	643	7814484, 5.90%, 11/22/2025	5/28/2024		640		580
	4,160	7814502, 5.67%, 11/22/2025	5/28/2024		4,091		4,018
	1,599	7814619, 4.57%, 11/22/2025	5/28/2024		1,562		1,553
	11,419	7814659, 4.56%, 11/22/2025	5/28/2024		11,013		11,294
	2,904	7815141, 4.87%, 11/22/2025	5/28/2024		2,852		2,777
	3,305	7815169, 4.56%, 11/22/2025	5/28/2024		3,210		3,255
	2,896	7815533, 4.87%, 11/22/2025	5/28/2024		2,835		2,835
	7,982	7815686, 4.57%, 11/22/2025	5/28/2024		7,771		7,840
	18	7815799, 4.50%, 11/22/2025	5/28/2024		18		17
	676	7815816, 5.48%, 11/22/2025	5/28/2024		646		669
	1,038	7815877, 5.92%, 11/22/2025	5/28/2024		1,035		741
	5,366	7815898, 4.56%, 11/22/2025	5/28/2024		5,217		5,282
	637	7815988, 5.67%, 11/22/2025	5/28/2024		629		618
	10,172	7816018, 5.12%, 11/22/2025	5/28/2024		9,973		9,915
	14,026	7816104, 4.87%, 11/22/2025	5/28/2024		13,807		12,922
	31,098	7816193, 5.12%, 11/22/2025	5/28/2024		30,699		28,555
	4,879	7816431, 5.30%, 11/22/2025	5/28/2024		4,832		3,993
	8,820	7816457, 4.57%, 11/22/2025	5/28/2024		8,686		6,242
	3,022	7816493, 5.49%, 11/22/2025	5/28/2024		3,005		572
	2,465	7816510, 5.30%, 11/22/2025	5/28/2024		2,394		2,431
	4,418	7816553, 4.56%, 11/22/2025	5/28/2024		4,317		3,824
	4,944	7816623, 4.56%, 11/22/2025	5/28/2024		4,832		4,813
	1,688	7816653, 4.56%, 11/22/2025	5/28/2024		1,619		1,671
	2,098	7817081, 4.57%, 11/22/2025	5/28/2024		2,035		2,070

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 99

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	2,691	7821177, 5.94%, 11/23/2025	5/29/2024		2,682		$	1,806
	1,454	7821437, 4.59%, 11/23/2025	5/29/2024		1,419			1,423
	209	7821465, 4.59%, 11/23/2025	5/29/2024		208			190
	5,231	7821489, 4.90%, 11/23/2025	5/29/2024		5,115			5,139
	17,585	7821558, 4.59%, 11/23/2025	5/29/2024		17,290			15,122
	1,883	7821735, 5.51%, 11/23/2025	5/29/2024		1,845			1,736
	1,907	7821789, 4.58%, 11/23/2025	5/29/2024		1,873			1,776
	4,657	7821813, 4.59%, 11/23/2025	5/29/2024		4,493			4,601
	8,430	7821870, 4.59%, 11/23/2025	5/29/2024		8,286			7,226
	1,788	7821962, 5.95%, 11/23/2025	5/29/2024		1,777			1,658
	922	7821980, 4.57%, 11/23/2025	5/29/2024		920			716
	1,755	7822067, 4.90%, 11/23/2025	5/29/2024		1,710			1,724
	1,389	7822145, 4.58%, 11/23/2025	5/29/2024		1,353			1,360
	1,723	7822180, 4.59%, 11/23/2025	5/29/2024		1,682			1,679
	6,389	7822362, 5.15%, 11/23/2025	5/29/2024		6,320			2,160
	4,466	7822461, 4.59%, 11/23/2025	5/29/2024		4,338			4,398
	4,372	7822609, 4.59%, 11/23/2025	5/29/2024		4,249			4,305
	4,835	7822685, 4.90%, 11/23/2025	5/29/2024		4,633			4,787
	11,633	7822939, 4.90%, 11/23/2025	5/29/2024		11,353			11,411
	2,236	7823081, 4.56%, 11/23/2025	5/29/2024		2,234			1,743
	16,879	7823098, 4.90%, 11/23/2025	5/29/2024		16,566			16,118
	1,494	7823257, 4.59%, 11/23/2025	5/29/2024		1,442			1,476
	3,899	7823273, 4.59%, 11/23/2025	5/29/2024		3,824			3,405
	3,930	7823321, 4.59%, 11/23/2025	5/29/2024		3,836			3,841
	7,102	7823348, 5.15%, 11/23/2025	5/29/2024		6,944			6,984
	1,677	7823402, 4.90%, 11/23/2025	5/29/2024		1,557			1,668
	4,170	7823528, 4.90%, 11/23/2025	5/29/2024		4,076			4,090
	2,902	7823637, 5.24%, 11/23/2025	5/29/2024		2,896			2,736
	2,956	7823684, 5.70%, 11/23/2025	5/29/2024		2,935			2,537
	317	7823706, 5.35%, 11/23/2025	5/29/2024		314			288
	1,519	7823741, 5.70%, 11/23/2025	5/29/2024		1,389			1,507
	4,541	7823871, 5.95%, 11/23/2025	5/29/2024		4,536			3,876
	51,827	7823960, 4.59%, 11/23/2025	5/29/2024		50,732			49,925
	20,628	7824440, 4.59%, 11/23/2025	5/29/2024		20,103			20,197
	1,366	7824661, 4.90%, 11/23/2025	5/29/2024		1,284			1,356
	–	7824743, 4.59%, 11/23/2025	5/29/2024		(5,116	)		–
	16,130	7825111, 5.15%, 11/23/2025	5/29/2024		15,816			15,559
	1,727	7825503, 4.90%, 11/24/2025	5/30/2024		1,679			1,700
	1,226	7825533, 4.55%, 11/24/2025	5/30/2024		1,225			983
	20,837	7825548, 4.59%, 11/24/2025	5/30/2024		19,980			20,620
	8,611	7825890, 5.95%, 11/24/2025	5/30/2024		8,569			7,575
	879	7825936, 4.54%, 11/24/2025	5/30/2024		879			456
	1,975	7825965, 5.32%, 11/24/2025	5/30/2024		1,959			498
	11,728	7825975, 4.56%, 11/24/2025(g)	5/30/2024		11,723			1,489
	2,252	7826017, 4.59%, 11/24/2025	5/30/2024		2,176			2,223

See Notes to Financial Statements.

100 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,520	7826037, 4.91%, 11/24/2025	5/30/2024		1,490	$	1,468
	2,002	7826054, 4.58%, 11/24/2025	5/30/2024		1,967		1,631
	6,892	7826072, 4.59%, 11/24/2025	5/30/2024		6,621		6,817
	592	7826160, 4.89%, 11/24/2025	5/30/2024		582		575
	4,451	7826171, 5.15%, 11/24/2025	5/30/2024		4,359		4,272
	1,448	7826255, 6.25%, 11/24/2025	5/30/2024		1,445		1,372
	27,571	7826268, 4.59%, 11/24/2025	5/30/2024		26,664		27,205
	508	7827199, 4.89%, 11/24/2025	5/30/2024		489		501
	3,530	7827362, 4.59%, 11/24/2025	5/30/2024		3,434		3,458
	5,666	7827399, 4.90%, 11/24/2025	5/30/2024		5,517		5,556
	37	7827657, 5.33%, 11/24/2025	5/30/2024		34		37
	4,741	7827666, 5.70%, 11/24/2025	5/30/2024		4,714		3,565
	279	7827750, 5.95%, 11/24/2025	5/30/2024		279		255
	1,942	7827756, 5.14%, 11/24/2025	5/30/2024		1,911		1,847
	572	7827812, 5.34%, 11/24/2025	5/30/2024		553		566
	1,085	7827834, 4.59%, 11/24/2025	5/30/2024		1,062		1,055
	2,067	7827847, 4.90%, 11/24/2025	5/30/2024		2,012		2,029
	19,055	7827922, 5.15%, 11/24/2025	5/30/2024		18,703		18,559
	15,363	7828117, 4.59%, 11/24/2025	5/30/2024		15,047		14,790
	1,556	7828310, 4.58%, 11/24/2025(g)	5/30/2024		1,556		5
	3,989	7828313, 4.59%, 11/24/2025	5/30/2024		3,921		3,416
	12,287	7828355, 5.15%, 11/24/2025	5/30/2024		11,966		11,949
	2,845	7828487, 5.34%, 11/24/2025(g)	5/30/2024		2,821		1,796
	12,794	7828521, 4.90%, 11/24/2025	5/30/2024		12,431		12,608
	6,383	7828734, 4.59%, 11/24/2025	5/30/2024		6,285		5,370
	1,940	7828762, 5.96%, 11/24/2025	5/30/2024		1,935		973
	855	7828786, 4.60%, 11/24/2025	5/30/2024		824		846
	24,877	7828800, 4.90%, 11/24/2025	5/30/2024		24,542		20,798
	3,306	7829005, 5.94%, 11/24/2025	5/30/2024		3,282		2,788
	1,783	7829050, 5.94%, 11/24/2025	5/30/2024		1,775		1,485
	3,353	7829079, 4.59%, 11/24/2025	5/30/2024		3,264		3,292
	7,261	7829139, 4.59%, 11/24/2025	5/30/2024		7,034		7,161
	4,014	7829348, 5.52%, 11/25/2025	5/31/2024		3,943		3,920
	2,440	7829427, 5.70%, 11/25/2025	5/31/2024		2,421		2,157
	5,143	7829454, 5.33%, 11/25/2025	5/31/2024		5,057		4,989
	2,176	7829521, 5.51%, 11/25/2025	5/31/2024		2,156		1,935
	1,715	7829588, 4.89%, 11/25/2025	5/31/2024		1,687		1,430
	2,323	7829681, 6.25%, 11/25/2025	5/31/2024		2,321		1,658
	1,206	7829797, 5.52%, 11/25/2025	5/31/2024		1,186		1,178
	4,058	7829819, 4.59%, 11/25/2025	5/31/2024		3,973		3,911
	2,374	7829856, 5.14%, 11/25/2025	5/31/2024		2,292		2,311
	2,963	7829919, 4.59%, 11/25/2025	5/31/2024		2,872		2,920
	10,211	7829998, 5.33%, 11/25/2025	5/31/2024		10,107		8,779
	1,076	7830119, 5.15%, 11/25/2025	5/31/2024		1,047		1,057
	4,873	7830133, 4.56%, 11/25/2025(g)	5/31/2024		4,871		38

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 101

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	528	7830159, 5.68%, 11/25/2025	5/31/2024		523	$	494
	165	7830167, 4.60%, 11/25/2025	5/31/2024		164		152
	3,440	7830204, 4.56%, 11/25/2025	5/31/2024		3,438		2,097
	730	7830237, 5.14%, 11/25/2025	5/31/2024		698		723
	1,135	7830266, 5.16%, 11/25/2025	5/31/2024		1,112		1,089
	1,869	7830336, 4.90%, 11/25/2025	5/31/2024		1,817		1,841
	2,536	7830389, 4.59%, 11/25/2025	5/31/2024		2,481		2,466
	2,924	7830418, 4.89%, 11/26/2025	5/31/2024		2,832		2,884
	2,452	7830491, 4.58%, 11/26/2025	5/31/2024		2,391		2,400
	2,560	7830514, 5.69%, 11/26/2025(g)	5/31/2024		2,544		1,540
	1,810	7830535, 6.23%, 11/26/2025(g)	5/31/2024		1,808		1,240
	498	7830570, 5.93%, 11/26/2025	5/31/2024		498		366
	645	7830575, 5.94%, 11/26/2025	5/31/2024		640		625
	6,232	7830761, 4.58%, 11/26/2025	5/31/2024		6,068		6,103
	6,580	7830846, 4.58%, 11/26/2025	5/31/2024		6,419		6,380
	3,123	7830905, 4.58%, 11/26/2025	5/31/2024		3,067		2,848
	1,531	7830970, 4.58%, 11/26/2025	5/31/2024		1,483		1,509
	4,735	7831001, 4.58%, 11/26/2025	5/31/2024		4,622		4,571
	630	7831038, 5.92%, 11/26/2025	5/31/2024		625		583
	1,292	7831143, 5.14%, 11/26/2025	5/31/2024		1,261		1,258
	7,791	7831167, 4.89%, 11/26/2025	5/31/2024		7,643		7,553
	5,377	7831252, 5.14%, 11/26/2025	5/31/2024		5,143		5,329
	1,760	7831501, 4.58%, 11/27/2025	5/31/2024		1,709		1,732
	2,076	7831556, 4.88%, 11/27/2025	5/31/2024		2,019		2,040
	1,001	7831605, 4.57%, 11/27/2025	5/31/2024		975		979
	1,160	7831620, 4.58%, 11/27/2025	5/31/2024		1,127		1,143
	1,541	7831637, 4.88%, 11/27/2025	5/31/2024		1,512		1,493
	2,216	7831767, 5.31%, 11/27/2025	5/31/2024		2,162		2,183
	4,257	7831823, 5.93%, 11/27/2025	5/31/2024		4,229		3,994
	2,224	7831872, 5.13%, 11/27/2025	5/31/2024		2,181		2,137
	1,105	7831909, 4.88%, 11/27/2025	5/31/2024		1,071		1,090
	3,214	7831921, 4.58%, 11/27/2025	5/31/2024		3,142		3,125
	23,618	7832010, 4.57%, 11/27/2025	5/31/2024		22,823		23,301
	15,757	7832268, 4.57%, 11/27/2025	5/31/2024		15,229		15,556
	1,463	7832413, 4.54%, 11/27/2025(g)	5/31/2024		1,461		182
	1,102	7832425, 4.57%, 11/27/2025	5/31/2024		1,055		1,090
	979	7832446, 4.56%, 11/27/2025	5/31/2024		957		954
	139	7832453, 4.54%, 11/27/2025	5/31/2024		138		131
	1,736	7832515, 4.57%, 11/27/2025	5/31/2024		1,696		1,696
	2,829	7832547, 4.57%, 11/27/2025	5/31/2024		2,732		2,784
	1,338	7832623, 5.93%, 11/27/2025	5/31/2024		1,332		1,147
	8,888	7832678, 5.12%, 11/28/2025	5/31/2024		8,696		8,643
	13,281	7832805, 4.87%, 11/28/2025	5/31/2024		13,043		12,666
	1,164	7833092, 5.29%, 11/28/2025	5/31/2024		1,149		1,107
	2,821	7833364, 4.56%, 11/28/2025	5/31/2024		2,725		2,785

See Notes to Financial Statements.

102 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	8,108	7833495, 4.56%, 11/28/2025	5/31/2024		7,870	$	7,982
	10,894	7833767, 5.30%, 11/28/2025	5/31/2024		10,640		10,691
	1,298	7834041, 4.56%, 11/28/2025	5/31/2024		1,238		1,284
	2,856	7834139, 4.57%, 11/28/2025	5/31/2024		2,785		2,794
	291	7834219, 5.66%, 11/28/2025	5/31/2024		286		286
	3,904	7834229, 4.56%, 11/28/2025	5/31/2024		3,805		3,827
	14,216	7834373, 5.30%, 11/28/2025	5/31/2024		14,003		13,755
	4,468	7834573, 4.56%, 11/28/2025	5/31/2024		4,340		4,396
	3,698	7834635, 5.30%, 11/28/2025	5/31/2024		3,602		3,635
	3,100	7834698, 5.91%, 11/28/2025	5/31/2024		3,084		2,665
	4,866	7834734, 5.91%, 11/28/2025	5/31/2024		4,862		2,905
	5,408	7834822, 4.56%, 11/28/2025	5/31/2024		5,204		5,344
	46,384	7834924, 4.87%, 11/28/2025	5/31/2024		45,595		44,361
	3,118	7835558, 5.67%, 11/28/2025	5/31/2024		3,102		1,741
	4,907	7835571, 5.21%, 11/28/2025(g)	5/31/2024		4,903		3,201
	1,592	7835618, 4.56%, 11/28/2025	5/31/2024		1,550		1,565
	22,416	7835635, 4.87%, 11/28/2025	5/31/2024		21,879		22,004
	1,977	7835984, 4.87%, 11/28/2025	5/31/2024		1,931		1,884
	1,958	7836018, 4.56%, 11/28/2025	5/31/2024		1,901		1,929
	1,292	7836153, 4.56%, 11/28/2025	5/31/2024		1,250		1,276
	1,356	7836355, 4.56%, 11/29/2025	6/3/2024		1,279		1,344
	345	7836423, 6.05%, 11/29/2025	6/3/2024		338		338
	1,844	7836425, 4.87%, 11/29/2025	6/3/2024		1,814		1,646
	2,971	7836539, 5.30%, 11/29/2025	6/3/2024		2,929		2,700
	4,948	7836567, 4.56%, 11/29/2025	6/3/2024		4,837		4,805
	1,622	7836602, 5.30%, 11/29/2025	6/3/2024		1,598		1,531
	8,285	7836617, 4.57%, 11/29/2025	6/3/2024		8,074		8,097
	8,272	7836694, 4.57%, 11/29/2025	6/3/2024		7,956		8,162
	1,016	7836886, 5.91%, 11/29/2025	6/3/2024		1,006		973
	712	7836979, 5.13%, 11/29/2025	6/3/2024		697		696
	2,601	7837093, 4.56%, 11/29/2025	6/3/2024		2,547		2,504
	5,343	7837128, 4.56%, 11/29/2025	6/3/2024		5,208		5,221
	2,932	7837218, 4.87%, 11/29/2025	6/3/2024		2,812		2,895
	1,284	7837369, 5.90%, 11/29/2025	6/3/2024		1,276		1,160
	3,468	7837449, 5.12%, 11/29/2025	6/3/2024		3,406		3,060
	4,944	7837522, 4.87%, 11/29/2025	6/3/2024		4,821		4,833
	3,137	7837640, 4.56%, 11/29/2025	6/3/2024		3,044		3,087
	580	7837663, 4.56%, 11/29/2025	6/3/2024		577		386
	5,880	7837790, 4.87%, 11/29/2025	6/3/2024		5,711		5,761
	4,349	7837868, 4.87%, 11/29/2025	6/3/2024		4,217		4,267
	773	7837939, 4.57%, 11/29/2025	6/3/2024		742		763
	1,266	7837955, 4.56%, 11/29/2025	6/3/2024		1,222		1,249
	4,692	7837984, 5.91%, 11/29/2025	6/3/2024		4,577		4,606
	3,535	7838115, 4.87%, 11/29/2025	6/3/2024		3,413		3,493
	41,710	7838166, 5.67%, 11/29/2025	6/3/2024		41,481		24,987

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 103

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	10,704	7838487, 4.56%, 11/29/2025	6/3/2024		10,375	$	10,538
	251	7838572, 4.54%, 11/29/2025	6/3/2024		248		241
	3,716	7838593, 4.56%, 11/29/2025	6/3/2024		3,608		3,656
	567	7838703, 4.52%, 11/29/2025	6/3/2024		561		420
	2,442	7838706, 4.87%, 11/29/2025	6/3/2024		2,397		2,318
	2,878	7838874, 4.56%, 11/29/2025	6/3/2024		2,800		2,818
	2,420	7838892, 4.54%, 11/29/2025	6/3/2024		2,414		2,307
	23,289	7838978, 5.48%, 11/29/2025	6/3/2024		23,010		21,920
	11,288	7839138, 4.87%, 11/29/2025	6/3/2024		10,847		11,162
	2,975	7839313, 4.56%, 11/29/2025	6/3/2024		2,897		2,918
	14,959	7839350, 4.56%, 11/29/2025	6/3/2024		14,699		12,848
	2,199	7839481, 4.87%, 11/29/2025	6/3/2024		2,136		2,159
	15,282	7839493, 5.12%, 11/29/2025	6/3/2024		14,765		15,061
	3,379	7839779, 4.87%, 11/29/2025	6/3/2024		3,303		3,293
	3,824	7839812, 6.03%, 11/29/2025	6/3/2024		3,813		3,333
	4,288	7839843, 5.11%, 11/29/2025	6/3/2024		4,230		3,787
	38,040	7839895, 4.56%, 11/29/2025	6/3/2024		36,998		37,223
	1,208	7842443, 5.32%, 11/30/2025	6/4/2024		1,184		1,137
	813	7842466, 5.30%, 11/30/2025	6/4/2024		800		779
	11,490	7842592, 4.58%, 11/30/2025	6/4/2024		11,155		11,305
	974	7842761, 4.57%, 11/30/2025	6/4/2024		943		960
	8,429	7842840, 4.58%, 11/30/2025	6/4/2024		8,165		8,302
	814	7842977, 4.53%, 11/30/2025(g)	6/4/2024		814		272
	802	7843002, 5.12%, 11/30/2025	6/4/2024		784		781
	2,001	7843018, 4.89%, 11/30/2025	6/4/2024		1,798		1,984
	2,557	7843204, 4.58%, 11/30/2025	6/4/2024		2,495		2,487
	17,388	7843250, 5.93%, 11/30/2025	6/4/2024		17,309		12,916
	1,041	7843603, 5.12%, 11/30/2025	6/4/2024		1,018		1,017
	37,082	7843644, 4.89%, 11/30/2025	6/4/2024		36,664		26,714
	1,247	7843935, 4.58%, 11/30/2025	6/4/2024		1,222		1,196
	2,000	7843943, 4.58%, 11/30/2025	6/4/2024		1,931		1,973
	197	7843976, 4.51%, 11/30/2025	6/4/2024		196		161
	4,641	7843982, 5.14%, 11/30/2025	6/4/2024		4,529		4,556
	576	7844036, 5.23%, 11/30/2025	6/4/2024		576		327
	4,135	7844053, 4.55%, 11/30/2025	6/4/2024		4,130		3,473
	8,797	7844644, 4.58%, 11/30/2025	6/4/2024		8,569		8,606
	679	7844758, 5.92%, 11/30/2025	6/4/2024		671		647
	3,898	7844772, 4.89%, 11/30/2025	6/4/2024		3,804		3,800
	5,975	7844825, 4.89%, 11/30/2025	6/4/2024		5,830		5,845
	1,246	7844865, 4.59%, 11/30/2025	6/4/2024		1,211		1,222
	25,208	7845134, 5.14%, 11/30/2025	6/4/2024		24,770		23,681
	6,351	7845344, 4.58%, 11/30/2025	6/4/2024		6,191		6,166
	10,590	7845417, 4.58%, 11/30/2025	6/4/2024		10,386		9,166
	1,840	7845521, 4.58%, 11/30/2025	6/4/2024		1,778		1,812
	367	7845815, 4.58%, 11/30/2025	6/4/2024		367		209

See Notes to Financial Statements.

104 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	5,162	7845905, 4.58%, 11/30/2025	6/4/2024		5,000	$	5,086
	46,570	7845928, 5.50%, 11/30/2025	6/4/2024		46,113		37,106
	706	7846328, 5.31%, 11/30/2025	6/4/2024		690		691
	1,392	7846332, 5.94%, 11/30/2025	6/4/2024		1,388		1,328
	3,301	7846377, 4.58%, 11/30/2025	6/4/2024		3,251		2,614
	3,349	7846404, 5.32%, 11/30/2025	6/4/2024		3,208		3,309
	4,367	7846599, 4.59%, 11/30/2025	6/5/2024		4,233		4,299
	6,876	7846680, 4.59%, 11/30/2025	6/5/2024		6,723		6,579
	774	7846793, 5.51%, 11/30/2025	6/5/2024		760		751
	2,308	7846867, 5.95%, 11/30/2025	6/5/2024		2,288		2,206
	3,408	7846891, 4.90%, 11/30/2025	6/5/2024		3,302		3,359
	3,446	7846962, 5.95%, 11/30/2025(g)	6/5/2024		3,433		1,735
	3,063	7846981, 5.23%, 11/30/2025	6/5/2024		3,060		2,016
	1,387	7847023, 5.15%, 11/30/2025	6/5/2024		1,283		1,378
	16,244	7847137, 4.59%, 11/30/2025	6/5/2024		15,908		15,584
	4,973	7847402, 5.15%, 11/30/2025	6/5/2024		4,850		4,868
	2,863	7847538, 5.70%, 11/30/2025	6/5/2024		2,844		2,165
	2,452	7847644, 4.90%, 11/30/2025	6/5/2024		2,356		2,424
	18,656	7847769, 4.59%, 11/30/2025	6/5/2024		18,218		17,905
	5,955	7847959, 4.59%, 11/30/2025	6/5/2024		5,761		5,866
	1,986	7848052, 5.51%, 11/30/2025	6/5/2024		1,967		1,666
	5,388	7848074, 5.70%, 11/30/2025	6/5/2024		5,327		5,076
	157	7848214, 4.54%, 11/30/2025	6/5/2024		157		150
	1,917	7848230, 5.15%, 11/30/2025	6/5/2024		1,864		1,880
	8,784	7848277, 4.59%, 11/30/2025	6/5/2024		8,567		8,541
	11,522	7848696, 4.59%, 11/30/2025	6/5/2024		11,317		9,946
	27,289	7848735, 4.59%, 11/30/2025	6/5/2024		26,859		21,731
	7,253	7848842, 4.59%, 11/30/2025	6/5/2024		7,110		2,861
	4,234	7848893, 4.90%, 11/30/2025	6/5/2024		4,075		4,187
	5,801	7848971, 5.15%, 11/30/2025	6/5/2024		5,679		5,603
	3,458	7849082, 4.59%, 11/30/2025	6/5/2024		3,380		3,325
	8,768	7849126, 5.95%, 11/30/2025(g)	6/5/2024		8,736		128
	17,570	7849163, 4.59%, 11/30/2025	6/5/2024		16,969		17,352
	4,174	7849386, 5.70%, 11/30/2025	6/5/2024		4,136		3,889
	11,015	7849478, 5.52%, 11/30/2025	6/5/2024		10,645		10,900
	1,836	7849701, 4.59%, 11/30/2025	6/5/2024		1,783		1,803
	6,686	7849788, 4.90%, 11/30/2025	6/5/2024		6,542		6,470
	1,773	7849856, 5.34%, 11/30/2025	6/5/2024		1,752		1,530
	1,501	7850006, 5.96%, 11/30/2025	6/5/2024		1,492		1,242
	8,157	7850023, 4.90%, 11/30/2025	6/5/2024		7,958		7,989
	9,333	7850106, 5.33%, 11/30/2025	6/5/2024		9,203		7,642
	2,424	7850245, 4.90%, 11/30/2025	6/5/2024		2,372		2,356
	9,486	7850295, 5.94%, 11/30/2025	6/5/2024		9,397		9,036
	2,988	7850410, 4.59%, 12/1/2025	6/6/2024		2,920		2,875
	20,064	7850466, 4.59%, 12/1/2025	6/6/2024		19,534		19,616

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 105

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	1,065	7850654, 5.15%, 12/1/2025	6/6/2024		1,038		$	1,026
	2,355	7850681, 5.33%, 12/1/2025	6/6/2024		2,227			2,331
	2,307	7850763, 5.15%, 12/1/2025	6/6/2024		2,255			2,224
	1,226	7850821, 5.96%, 12/1/2025	6/6/2024		1,217			1,014
	4,772	7850886, 5.70%, 12/1/2025	6/6/2024		4,727			4,200
	3,006	7850934, 5.70%, 12/1/2025	6/6/2024		2,946			2,942
	4,528	7851201, 4.59%, 12/1/2025	6/6/2024		4,430			4,347
	9,799	7851237, 4.90%, 12/1/2025	6/6/2024		9,646			7,699
	9,860	7851310, 4.90%, 12/1/2025	6/6/2024		9,676			9,396
	132	7851429, 6.06%, 12/2/2025	6/6/2024		130			130
	1,762	7851450, 5.13%, 12/2/2025	6/6/2024		1,721			1,701
	–	7851464, 5.14%, 12/2/2025	6/6/2024		(145	)		–
	1,659	7851587, 4.59%, 12/2/2025	6/6/2024		1,596			1,639
	2,328	7851618, 4.58%, 12/2/2025	6/6/2024		2,253			2,290
	5,621	7851647, 5.51%, 12/2/2025	6/6/2024		5,525			5,435
	18,531	7851787, 5.93%, 12/2/2025	6/6/2024		18,421			16,305
	977	7851932, 5.33%, 12/2/2025	6/6/2024		934			968
	2,245	7851979, 4.58%, 12/2/2025	6/6/2024		2,184			2,194
	506	7852011, 5.33%, 12/2/2025	6/6/2024		494			495
	1,309	7852016, 4.58%, 12/2/2025	6/6/2024		1,265			1,290
	2,544	7852030, 4.58%, 12/2/2025	6/6/2024		2,478			2,486
	782	7852050, 4.54%, 12/2/2025	6/6/2024		781			672
	3,784	7852079, 5.93%, 12/2/2025	6/6/2024		3,749			3,600
	1,041	7852135, 5.14%, 12/2/2025	6/6/2024		1,017			1,012
	1,377	7852783, 4.53%, 12/3/2025(g)	6/6/2024		1,377			8
	420	7852787, 5.92%, 12/3/2025	6/6/2024		409			411
	4,208	7852841, 4.88%, 12/3/2025	6/6/2024		4,129			4,021
	492	7852932, 4.55%, 12/3/2025	6/6/2024		491			458
	3,170	7852938, 5.92%, 12/3/2025	6/6/2024		3,148			2,895
	8,554	7853188, 4.57%, 12/3/2025	6/6/2024		8,318			8,340
	4,332	7853463, 5.31%, 12/3/2025	6/6/2024		4,287			2,992
	681	7853549, 4.56%, 12/3/2025	6/6/2024		681			302
	3,373	7853582, 5.31%, 12/3/2025	6/6/2024		3,330			2,991
	10,685	7853620, 4.57%, 12/3/2025	6/6/2024		10,464			9,296
	2,451	7853879, 4.57%, 12/3/2025	6/6/2024		2,352			2,423
	1,038	7853933, 4.58%, 12/3/2025	6/6/2024		990			1,027
	5,493	7853967, 4.57%, 12/3/2025	6/6/2024		5,325			5,404
	815	7854041, 5.93%, 12/3/2025	6/6/2024		809			762
	2,108	7854053, 4.58%, 12/3/2025	6/6/2024		2,049			2,067
	1,017	7854076, 4.58%, 12/3/2025	6/6/2024		987			1,000
	476	7854091, 5.67%, 12/3/2025	6/6/2024		469			461
	3,385	7854096, 4.54%, 12/3/2025	6/6/2024		3,372			3,266
	238	7854300, 5.49%, 12/3/2025	6/6/2024		222			235
	1,384	7854354, 5.31%, 12/3/2025	6/6/2024		1,363			1,292
	802	7854387, 5.20%, 12/3/2025	6/6/2024		801			408

See Notes to Financial Statements.

106 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	150	7854428, 5.69%, 12/3/2025	6/6/2024		141	$	148
	2,094	7854432, 5.31%, 12/3/2025	6/6/2024		2,054		2,009
	3,945	7854447, 4.57%, 12/3/2025	6/6/2024		3,829		3,882
	450	7854465, 5.30%, 12/3/2025	6/6/2024		431		445
	53,601	7854478, 4.88%, 12/3/2025	6/6/2024		52,757		45,102
	1,534	7854860, 5.68%, 12/3/2025	6/6/2024		1,516		1,467
	2,043	7854916, 5.91%, 12/3/2025	6/6/2024		2,035		1,482
	1,440	7854934, 4.57%, 12/3/2025	6/6/2024		1,401		1,413
	1,893	7854977, 4.87%, 12/3/2025	6/6/2024		1,854		1,831
	771	7854989, 6.05%, 12/3/2025	6/6/2024		768		709
	1,915	7855000, 4.57%, 12/3/2025	6/6/2024		1,876		1,834
	1,450	7855075, 5.31%, 12/3/2025	6/6/2024		1,420		1,419
	12,909	7855348, 5.92%, 12/3/2025	6/6/2024		12,754		12,619
	3,469	7855665, 4.88%, 12/3/2025	6/6/2024		3,225		3,445
	46,623	7855820, 4.88%, 12/3/2025	6/6/2024		45,998		37,887
	13,687	7856188, 4.57%, 12/3/2025	6/6/2024		13,306		13,421
	8,853	7856601, 5.68%, 12/3/2025	6/6/2024		8,790		5,652
	730	7856739, 5.22%, 12/4/2025	6/7/2024		729		360
	283	7856746, 5.13%, 12/4/2025	6/7/2024		263		282
	4,693	7856780, 4.57%, 12/4/2025	6/7/2024		4,563		4,569
	3,989	7857051, 4.88%, 12/4/2025	6/7/2024		3,871		3,890
	3,997	7857113, 5.92%, 12/4/2025	6/7/2024		3,994		2,437
	565	7857141, 4.54%, 12/4/2025	6/7/2024		564		474
	1,176	7857180, 5.13%, 12/4/2025	6/7/2024		1,154		1,125
	2,016	7857208, 4.57%, 12/4/2025	6/7/2024		1,956		1,978
	1,603	7857295, 4.57%, 12/4/2025	6/7/2024		1,551		1,579
	6,387	7857337, 5.31%, 12/4/2025	6/7/2024		6,233		6,239
	916	7857509, 4.55%, 12/4/2025	6/7/2024		915		833
	759	7857626, 6.23%, 12/4/2025	6/7/2024		757		676
	225	7857674, 6.24%, 12/4/2025	6/7/2024		224		222
	7,987	7857797, 4.57%, 12/4/2025	6/7/2024		7,789		7,801
	440	7858042, 5.91%, 12/4/2025	6/7/2024		434		432
	345	7858067, 5.94%, 12/4/2025	6/7/2024		345		195
	22,126	7858121, 5.68%, 12/4/2025(g)	6/7/2024		21,989		1,900
	11,665	7858264, 4.57%, 12/4/2025	6/7/2024		11,435		4,931
	48,926	7858386, 5.68%, 12/4/2025	6/7/2024		48,538		39,443
	4,221	7858772, 4.57%, 12/4/2025	6/7/2024		4,096		4,141
	6,957	7858826, 4.57%, 12/4/2025	6/7/2024		6,810		6,670
	837	7858884, 4.56%, 12/4/2025	6/7/2024		804		827
	580	7858908, 5.66%, 12/4/2025	6/7/2024		576		524
	10,800	7858931, 5.13%, 12/4/2025	6/7/2024		10,085		10,699
	3,964	7859238, 5.92%, 12/4/2025	6/7/2024		3,924		3,824
	1,616	7859577, 4.88%, 12/4/2025	6/7/2024		1,570		1,590
	3,525	7859669, 4.88%, 12/4/2025	6/7/2024		3,415		3,454
	1,787	7859773, 5.32%, 12/4/2025	6/7/2024		1,758		1,700

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 107

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	4,542	7859790, 4.58%, 12/4/2025	6/7/2024		4,419		$	4,450
	1,579	7859840, 4.57%, 12/4/2025	6/7/2024		1,528			1,556
	1,202	7859870, 4.88%, 12/4/2025	6/7/2024		1,171			1,178
	2,056	7859888, 6.04%, 12/4/2025	6/7/2024		2,047			1,856
	2,257	7859906, 4.88%, 12/4/2025	6/7/2024		2,184			2,226
	34,542	7859967, 5.68%, 12/4/2025	6/7/2024		34,243			27,122
	5,968	7860153, 4.57%, 12/4/2025	6/7/2024		5,808			5,848
	946	7860207, 5.32%, 12/4/2025	6/7/2024		930			897
	579	7860446, 5.13%, 12/4/2025	6/7/2024		570			540
	802	7860461, 5.22%, 12/4/2025	6/7/2024		799			782
	–	7860521, 5.68%, 12/4/2025	6/7/2024		(4,118	)		–
	4,937	7860714, 5.31%, 12/5/2025	6/10/2024		4,841			4,789
	3,541	7860836, 4.57%, 12/5/2025	6/10/2024		3,442			3,476
	5,823	7860864, 4.88%, 12/5/2025	6/10/2024		5,636			5,740
	6,421	7861024, 5.50%, 12/5/2025	6/10/2024		6,335			5,860
	3,234	7861086, 5.68%, 12/5/2025	6/10/2024		3,197			3,009
	5,810	7861142, 5.31%, 12/5/2025	6/10/2024		5,624			5,713
	3,918	7861267, 5.13%, 12/5/2025	6/10/2024		3,823			3,810
	3,431	7861312, 4.57%, 12/5/2025	6/10/2024		3,346			3,333
	452	7861341, 5.91%, 12/5/2025	6/10/2024		436			443
	5,437	7861381, 4.57%, 12/5/2025	6/10/2024		5,304			5,265
	29,546	7861449, 4.57%, 12/5/2025	6/10/2024		28,727			28,970
	3,287	7861898, 4.88%, 12/5/2025	6/10/2024		3,184			3,238
	1,503	7861949, 5.68%, 12/5/2025	6/10/2024		1,478			1,467
	3,586	7861974, 4.57%, 12/5/2025	6/10/2024		3,498			3,499
	1,249	7862039, 5.92%, 12/5/2025	6/10/2024		1,222			1,178
	1,757	7862058, 5.49%, 12/5/2025	6/10/2024		1,727			1,702
	2,851	7862119, 4.57%, 12/5/2025	6/10/2024		2,805			2,415
	1,934	7862142, 4.57%, 12/5/2025	6/10/2024		1,853			1,911
	2,371	7862163, 5.68%, 12/5/2025	6/10/2024		2,317			2,312
	1,501	7862197, 5.14%, 12/5/2025	6/10/2024		1,475			1,384
	14,433	7862211, 4.57%, 12/5/2025	6/10/2024		13,460			14,318
	177	7862438, 4.89%, 12/5/2025	6/10/2024		168			176
	287	7862448, 4.94%, 12/5/2025	6/10/2024		282			274
	248	7862658, 4.54%, 12/5/2025	6/10/2024		248			209
	14,643	7862662, 5.13%, 12/5/2025	6/10/2024		14,327			14,129
	473	7862764, 4.57%, 12/5/2025	6/10/2024		473			247
	7,263	7862772, 5.68%, 12/5/2025	6/10/2024		7,191			6,199
	1,459	7862802, 4.57%, 12/5/2025	6/10/2024		1,415			1,435
	8,483	7862843, 4.88%, 12/5/2025	6/10/2024		8,243			8,332
	3,815	7862927, 4.57%, 12/5/2025	6/10/2024		3,719			3,710
	1,510	7863014, 4.87%, 12/5/2025	6/10/2024		1,484			1,404
	5,086	7863026, 4.88%, 12/5/2025	6/10/2024		4,966			4,943
	3,633	7863087, 4.57%, 12/5/2025	6/10/2024		3,512			3,580
	870	7863120, 5.49%, 12/5/2025	6/10/2024		828			856

See Notes to Financial Statements.

108 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	6,284	7863133, 5.31%, 12/5/2025	6/10/2024		6,139		$	6,133
	32,410	7863625, 4.57%, 12/5/2025	6/10/2024		31,758			28,221
	8,223	7863817, 5.31%, 12/5/2025	6/10/2024		7,988			8,051
	2,991	7864005, 4.55%, 12/5/2025	6/10/2024		2,987			1,609
	368	7864020, 5.13%, 12/5/2025	6/10/2024		354			364
	1,784	7864148, 4.88%, 12/5/2025	6/10/2024		1,722			1,758
	5,771	7864158, 4.57%, 12/5/2025	6/10/2024		5,589			5,679
	1,811	7864198, 4.88%, 12/5/2025	6/10/2024		1,744			1,788
	4,631	7864314, 5.31%, 12/5/2025	6/10/2024		4,456			4,549
	15,318	7866352, 5.94%, 12/6/2025	6/11/2024		15,222			12,053
	2,948	7866563, 5.15%, 12/6/2025	6/11/2024		2,912			2,002
	1,289	7866587, 6.07%, 12/6/2025	6/11/2024		1,273			1,255
	1,913	7866633, 4.59%, 12/6/2025	6/11/2024		1,845			1,888
	10,837	7866662, 5.24%, 12/6/2025	6/11/2024		10,817			8,033
	3,902	7866844, 4.59%, 12/6/2025	6/11/2024		3,803			3,794
	3,320	7866896, 4.59%, 12/6/2025	6/11/2024		3,182			3,280
	7,261	7866969, 4.59%, 12/6/2025	6/11/2024		7,084			7,049
	1,070	7867202, 4.90%, 12/6/2025	6/11/2024		1,045			1,041
	2,031	7867231, 5.24%, 12/6/2025	6/11/2024		2,028			1,700
	2,119	7867268, 4.59%, 12/6/2025	6/11/2024		2,057			2,079
	2,993	7867307, 4.56%, 12/6/2025	6/11/2024		2,989			2,055
	5,743	7867363, 5.15%, 12/6/2025	6/11/2024		5,636			5,417
	3,274	7867517, 4.59%, 12/6/2025	6/11/2024		3,162			3,227
	867	7867572, 5.72%, 12/6/2025	6/11/2024		858			780
	25,307	7867597, 4.59%, 12/6/2025	6/11/2024		24,279			25,008
	988	7868143, 4.59%, 12/6/2025	6/11/2024		962			966
	19,747	7868161, 5.33%, 12/6/2025	6/11/2024		19,281			19,273
	1,223	7868420, 4.55%, 12/6/2025	6/11/2024		1,222			1,018
	6,372	7868426, 4.90%, 12/6/2025	6/11/2024		6,229			6,090
	1,860	7868482, 4.59%, 12/6/2025	6/11/2024		1,823			1,628
	–	7868500, 5.14%, 12/6/2025	6/11/2024		(69	)		(60	)
	4,700	7868514, 4.59%, 12/6/2025	6/11/2024		4,546			4,628
	1,784	7868542, 6.07%, 12/6/2025	6/11/2024		1,759			1,762
	2,955	7868625, 5.94%, 12/6/2025	6/11/2024		2,952			2,339
	5,343	7868643, 4.90%, 12/6/2025	6/11/2024		4,989			5,297
	10,602	7868883, 5.15%, 12/6/2025	6/11/2024		10,021			10,505
	1,106	7869325, 5.31%, 12/6/2025	6/11/2024		1,095			691
	1,100	7869331, 5.15%, 12/6/2025	6/11/2024		1,059			1,085
	4,717	7869483, 4.59%, 12/6/2025	6/11/2024		4,594			4,607
	898	7869521, 5.94%, 12/6/2025	6/11/2024		897			612
	27,513	7869549, 4.59%, 12/6/2025	6/11/2024		26,865			26,657
	499	7869697, 5.28%, 12/6/2025	6/11/2024		498			32
	11,778	7869698, 5.94%, 12/6/2025	6/11/2024		11,678			10,970
	1,718	7869793, 4.90%, 12/6/2025	6/11/2024		1,676			1,671
	2,286	7869949, 4.59%, 12/6/2025	6/11/2024		2,223			2,233

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 109

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	8,117	7869993, 4.59%, 12/6/2025	6/11/2024		7,918		$	7,919
	2,176	7870078, 5.52%, 12/6/2025	6/11/2024		1,996			2,166
	5,114	7870337, 4.59%, 12/7/2025	6/12/2024		4,989			4,961
	873	7870373, 6.24%, 12/7/2025	6/12/2024		872			398
	2,646	7870380, 4.59%, 12/7/2025	6/12/2024		2,565			2,600
	5,832	7870457, 5.33%, 12/7/2025	6/12/2024		5,755			4,118
	3,651	7870521, 4.59%, 12/7/2025	6/12/2024		3,571			3,503
	6,746	7870554, 5.51%, 12/7/2025	6/12/2024		6,632			6,439
	3,084	7870678, 4.59%, 12/7/2025	6/12/2024		3,014			2,961
	22,130	7870728, 5.15%, 12/7/2025	6/12/2024		21,884			3,980
	114	7870914, 4.57%, 12/7/2025	6/12/2024		114			107
	408	7870923, 5.69%, 12/7/2025	6/12/2024		401			399
	1,961	7870961, 4.90%, 12/7/2025	6/12/2024		1,907			1,910
	2,157	7871153, 4.59%, 12/7/2025	6/12/2024		2,096			2,112
	1,925	7871229, 4.90%, 12/7/2025	6/12/2024		1,883			1,861
	920	7871288, 4.55%, 12/7/2025	6/12/2024		919			597
	6,585	7871290, 4.59%, 12/7/2025	6/12/2024		6,403			6,446
	210	7871408, 5.70%, 12/7/2025	6/12/2024		202			208
	3,250	7871591, 4.59%, 12/7/2025	6/12/2024		3,159			3,181
	7,295	7871640, 5.15%, 12/7/2025	6/12/2024		7,202			5,047
	129	7871698, 5.21%, 12/7/2025	6/12/2024		129			117
	12,405	7871704, 4.59%, 12/7/2025	6/12/2024		12,078			12,119
	502	7871895, 5.50%, 12/7/2025	6/12/2024		487			494
	22,067	7872134, 4.59%, 12/7/2025	6/12/2024		21,493			21,461
	1,340	7872277, 5.33%, 12/7/2025	6/12/2024		1,308			1,306
	9,683	7872292, 5.52%, 12/7/2025	6/12/2024		9,523			9,276
	7,096	7872367, 5.94%, 12/7/2025(g)	6/12/2024		7,092			85
	4,122	7872411, 5.15%, 12/7/2025	6/12/2024		4,044			3,777
	14,120	7872451, 5.33%, 12/7/2025	6/12/2024		13,690			13,833
	535	7872637, 5.23%, 12/7/2025	6/12/2024		535			422
	6,894	7872642, 4.59%, 12/7/2025	6/12/2024		6,650			6,793
	8	7872693, 5.68%, 12/7/2025	6/12/2024		8			8
	3,213	7872696, 5.70%, 12/7/2025	6/12/2024		3,182			2,872
	5,240	7872788, 5.95%, 12/7/2025	6/12/2024		5,237			3,249
	2,650	7872860, 5.15%, 12/7/2025	6/12/2024		2,602			2,482
	571	7872882, 4.56%, 12/7/2025	6/12/2024		570			531
	9,908	7872894, 6.25%, 12/7/2025	6/12/2024		9,885			8,488
	77	7872974, 4.54%, 12/7/2025	6/12/2024		77			74
	3,157	7873117, 4.59%, 12/7/2025	6/12/2024		3,072			3,085
	3,218	7873268, 5.15%, 12/7/2025	6/12/2024		3,134			3,144
	590	7873313, 4.54%, 12/7/2025	6/12/2024		589			391
	3,177	7873330, 4.59%, 12/7/2025	6/12/2024		3,057			3,136
	–	7873424, 4.90%, 12/7/2025	6/12/2024		(321	)		(89	)
	1,235	7873533, 6.27%, 12/7/2025	6/12/2024		1,233			794
	20,271	7873536, 5.24%, 12/7/2025(g)	6/12/2024		20,260			2,662

See Notes to Financial Statements.

110 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,389	7873654, 4.59%, 12/7/2025	6/12/2024		2,317	$	2,346
	929	7873671, 5.71%, 12/7/2025	6/12/2024		917		883
	22,387	7873691, 5.51%, 12/7/2025(g)	6/12/2024		22,207		1,080
	4,073	7873796, 4.90%, 12/7/2025	6/12/2024		3,957		3,997
	2,490	7873938, 5.71%, 12/8/2025	6/13/2024		2,466		2,232
	3,690	7874025, 4.59%, 12/8/2025	6/13/2024		3,597		3,584
	302	7874060, 5.22%, 12/8/2025	6/13/2024		302		246
	771	7874106, 4.60%, 12/8/2025	6/13/2024		746		758
	4,311	7874171, 4.59%, 12/8/2025	6/13/2024		4,204		4,185
	1,254	7874199, 6.06%, 12/8/2025	6/13/2024		1,247		1,093
	2,496	7874209, 4.59%, 12/8/2025	6/13/2024		2,409		2,460
	5,915	7874241, 4.59%, 12/8/2025	6/13/2024		5,792		5,187
	1,169	7874271, 4.56%, 12/8/2025	6/13/2024		1,155		1,130
	8,026	7874322, 5.33%, 12/8/2025	6/13/2024		7,828		7,729
	1,716	7874643, 5.69%, 12/8/2025	6/13/2024		1,700		1,409
	15,306	7874655, 4.59%, 12/8/2025	6/13/2024		14,870		14,993
	2,904	7874756, 4.59%, 12/8/2025	6/13/2024		2,812		2,861
	2,390	7874777, 4.56%, 12/8/2025(g)	6/13/2024		2,385		587
	7,048	7874792, 4.59%, 12/8/2025	6/13/2024		6,837		6,922
	297	7874842, 5.96%, 12/8/2025	6/13/2024		293		289
	2,711	7874851, 5.70%, 12/8/2025	6/13/2024		2,686		2,430
	11,000	7874869, 4.59%, 12/8/2025	6/13/2024		10,683		10,780
	11,704	7874944, 4.89%, 12/9/2025	6/13/2024		11,412		11,392
	2,528	7875039, 5.69%, 12/9/2025	6/13/2024		2,375		2,504
	664	7875255, 4.90%, 12/9/2025	6/13/2024		644		653
	2,343	7875265, 4.58%, 12/9/2025	6/13/2024		2,251		2,313
	2,595	7875290, 4.59%, 12/9/2025	6/13/2024		2,528		2,532
	2,406	7875308, 4.58%, 12/9/2025	6/13/2024		2,365		2,032
	164	7875334, 5.51%, 12/9/2025	6/13/2024		151		163
	7,452	7875362, 4.58%, 12/9/2025	6/13/2024		7,292		6,549
	5,790	7875408, 4.58%, 12/9/2025	6/13/2024		5,589		5,702
	3,539	7875468, 5.32%, 12/9/2025	6/13/2024		3,459		3,437
	4,871	7875509, 4.58%, 12/9/2025	6/13/2024		4,713		4,794
	1,879	7875570, 4.58%, 12/9/2025	6/13/2024		1,821		1,847
	3,968	7875597, 4.58%, 12/9/2025	6/13/2024		3,847		3,899
	633	7875628, 5.70%, 12/9/2025	6/13/2024		626		586
	2,030	7875633, 6.24%, 12/9/2025	6/13/2024		2,020		1,940
	2,724	7875663, 4.58%, 12/9/2025	6/13/2024		2,612		2,692
	12,420	7875708, 4.58%, 12/9/2025	6/13/2024		12,145		11,911
	10,580	7875810, 5.14%, 12/9/2025	6/13/2024		10,410		9,482
	1,953	7876026, 4.57%, 12/10/2025	6/13/2024		1,880		1,922
	726	7876091, 5.49%, 12/10/2025	6/13/2024		703		715
	3,951	7876100, 5.92%, 12/10/2025	6/13/2024		3,923		3,406
	1,722	7876130, 4.58%, 12/10/2025	6/13/2024		1,672		1,686
	18,224	7876328, 5.68%, 12/10/2025	6/13/2024		18,096		11,487

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 111

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	12,929	7876558, 5.13%, 12/10/2025	6/13/2024		12,639	$	12,373
	519	7876858, 4.57%, 12/10/2025	6/13/2024		492		514
	4,148	7876872, 4.57%, 12/10/2025	6/13/2024		4,039		4,047
	576	7876906, 5.94%, 12/10/2025	6/13/2024		568		555
	7,774	7876935, 5.68%, 12/10/2025	6/13/2024		7,711		6,362
	21,647	7877003, 5.13%, 12/10/2025	6/13/2024		20,790		21,374
	1,136	7877430, 4.88%, 12/10/2025	6/13/2024		1,106		1,111
	15,753	7877446, 4.57%, 12/10/2025	6/13/2024		15,365		15,265
	1,122	7877614, 6.04%, 12/10/2025	6/13/2024		1,111		1,081
	180	7877644, 5.13%, 12/10/2025	6/13/2024		165		179
	1,500	7877725, 5.31%, 12/10/2025	6/13/2024		1,476		1,390
	6,052	7877748, 4.57%, 12/10/2025	6/13/2024		5,938		5,262
	29,907	7877778, 4.88%, 12/10/2025	6/13/2024		28,993		29,372
	1,867	7878100, 5.31%, 12/10/2025	6/13/2024		1,838		1,730
	4,110	7878127, 4.57%, 12/10/2025	6/13/2024		3,990		4,027
	1,432	7878277, 4.57%, 12/10/2025	6/13/2024		1,390		1,404
	28,544	7878298, 5.13%, 12/10/2025	6/13/2024		28,149		20,018
	3,007	7878480, 4.58%, 12/10/2025	6/13/2024		2,946		2,635
	1,510	7878610, 5.14%, 12/10/2025	6/13/2024		1,474		1,468
	119	7878630, 4.58%, 12/10/2025	6/13/2024		112		119
	1,353	7878666, 5.13%, 12/10/2025	6/13/2024		1,320		1,313
	681	7878717, 5.92%, 12/10/2025	6/13/2024		675		638
	2,694	7878737, 5.49%, 12/10/2025	6/13/2024		2,610		2,651
	2,032	7879091, 5.13%, 12/10/2025	6/13/2024		1,977		1,986
	4,113	7879131, 4.88%, 12/10/2025	6/13/2024		3,879		4,073
	1,292	7879239, 4.57%, 12/10/2025	6/13/2024		1,253		1,270
	513	7879251, 4.55%, 12/10/2025	6/13/2024		511		479
	4,612	7879288, 4.57%, 12/10/2025	6/13/2024		4,511		4,030
	617	7879331, 5.92%, 12/10/2025	6/13/2024		616		376
	7,113	7879337, 4.57%, 12/10/2025	6/13/2024		6,911		6,970
	4,007	7879431, 4.58%, 12/10/2025	6/13/2024		3,908		3,889
	535	7879459, 6.24%, 12/10/2025	6/13/2024		534		413
	3,676	7879466, 4.88%, 12/10/2025	6/13/2024		3,516		3,635
	4,655	7879554, 4.57%, 12/10/2025	6/13/2024		4,554		4,457
	907	7879595, 4.58%, 12/10/2025	6/13/2024		877		892
	4,928	7879614, 4.57%, 12/11/2025	6/14/2024		4,785		4,827
	2,418	7880006, 4.57%, 12/11/2025	6/14/2024		2,349		2,368
	1,261	7880086, 4.87%, 12/11/2025	6/14/2024		1,232		1,225
	1,029	7880112, 4.88%, 12/11/2025	6/14/2024		1,001		1,007
	7,160	7880148, 4.57%, 12/11/2025	6/14/2024		6,951		7,026
	1,159	7880261, 4.56%, 12/11/2025	6/14/2024		1,117		1,143
	2,113	7880290, 4.57%, 12/11/2025	6/14/2024		2,054		2,068
	1,484	7880554, 4.58%, 12/11/2025	6/14/2024		1,450		1,424
	9,549	7880587, 4.57%, 12/11/2025	6/14/2024		9,242		9,391
	16,790	7880815, 5.68%, 12/11/2025	6/14/2024		16,671		1,260

See Notes to Financial Statements.

112 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	11,149	7881094, 4.57%, 12/11/2025	6/14/2024		10,885	$	10,708
	2,950	7881276, 5.13%, 12/11/2025	6/14/2024		2,899		2,667
	6,141	7881296, 4.57%, 12/11/2025	6/14/2024		5,999		5,897
	22,218	7881346, 4.57%, 12/11/2025	6/14/2024		21,742		19,312
	12,860	7881489, 4.57%, 12/11/2025	6/14/2024		12,547		12,342
	1,775	7881552, 4.58%, 12/11/2025	6/14/2024		1,722		1,742
	3,625	7881586, 5.92%, 12/11/2025	6/14/2024		3,599		3,122
	3,913	7881631, 4.57%, 12/11/2025	6/14/2024		3,778		3,854
	15,934	7881675, 4.57%, 12/11/2025	6/14/2024		15,654		13,623
	9,245	7881755, 4.57%, 12/11/2025	6/14/2024		8,993		9,030
	4,762	7881874, 4.57%, 12/11/2025	6/14/2024		4,607		4,686
	436	7881936, 4.54%, 12/11/2025	6/14/2024		436		316
	26,692	7882009, 5.13%, 12/11/2025	6/14/2024		26,096		25,763
	25,198	7882175, 4.57%, 12/11/2025	6/14/2024		24,614		24,198
	688	7882320, 4.55%, 12/11/2025	6/14/2024		687		497
	2,018	7882326, 5.68%, 12/11/2025	6/14/2024		1,986		1,954
	1,430	7882346, 5.50%, 12/11/2025	6/14/2024		1,416		936
	4,915	7882351, 4.57%, 12/11/2025	6/14/2024		4,765		4,825
	1,515	7882407, 5.30%, 12/11/2025	6/14/2024		1,476		1,483
	16,008	7882441, 5.13%, 12/11/2025	6/14/2024		15,646		15,459
	577	7882564, 5.93%, 12/11/2025	6/14/2024		574		565
	14,359	7882591, 4.57%, 12/11/2025	6/14/2024		13,787		14,182
	5,004	7882793, 4.57%, 12/11/2025	6/14/2024		4,895		4,790
	483	7882942, 5.68%, 12/11/2025	6/14/2024		469		477
	5,980	7882946, 4.88%, 12/11/2025(g)	6/14/2024		5,904		942
	1,715	7883039, 5.92%, 12/11/2025	6/14/2024		1,669		1,690
	23,770	7883093, 4.88%, 12/11/2025	6/14/2024		23,031		23,236
	4,731	7883418, 4.57%, 12/11/2025	6/14/2024		4,542		4,672
	12,657	7883432, 5.13%, 12/12/2025	6/17/2024		12,332		12,309
	912	7883658, 4.56%, 12/12/2025	6/17/2024		875		901
	1,283	7883676, 4.87%, 12/12/2025	6/17/2024		1,256		1,227
	6,377	7883703, 5.13%, 12/12/2025	6/17/2024		5,991		6,317
	1,153	7883873, 6.22%, 12/12/2025	6/17/2024		1,150		995
	809	7883880, 4.54%, 12/12/2025	6/17/2024		808		764
	24,516	7883901, 5.49%, 12/12/2025	6/17/2024		24,053		23,695
	4,761	7884272, 6.04%, 12/12/2025	6/17/2024		4,730		4,330
	3,401	7884408, 4.58%, 12/12/2025	6/17/2024		3,325		3,259
	192	7884479, 5.92%, 12/12/2025	6/17/2024		191		185
	1,442	7884608, 4.54%, 12/12/2025(g)	6/17/2024		1,439		76
	4,340	7884620, 4.58%, 12/12/2025	6/17/2024		4,191		4,267
	97	7884672, 5.31%, 12/12/2025	6/17/2024		92		96
	17,996	7884676, 5.13%, 12/12/2025	6/17/2024		17,545		17,485
	1,226	7884989, 4.57%, 12/12/2025	6/17/2024		1,170		1,211
	798	7885007, 4.54%, 12/12/2025	6/17/2024		792		361
	4,485	7885020, 6.23%, 12/12/2025	6/17/2024		4,446		4,238

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 113

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,990	7885280, 5.93%, 12/12/2025	6/17/2024		2,986	$	2,198
	1,522	7885388, 5.13%, 12/12/2025	6/17/2024		1,463		1,499
	2,416	7885414, 6.04%, 12/12/2025	6/17/2024		2,399		2,264
	2,572	7885438, 4.57%, 12/12/2025	6/17/2024		2,458		2,540
	680	7885489, 5.93%, 12/12/2025	6/17/2024		680		421
	5,535	7885503, 5.31%, 12/12/2025	6/17/2024		5,458		4,867
	553	7885557, 5.92%, 12/12/2025	6/17/2024		481		548
	37,949	7885583, 5.13%, 12/12/2025	6/17/2024		37,378		4,102
	1,031	7885886, 5.68%, 12/12/2025	6/17/2024		1,015		991
	10,202	7885889, 4.88%, 12/12/2025	6/17/2024		9,962		9,858
	12,640	7885929, 5.31%, 12/12/2025	6/17/2024		12,425		11,769
	21,486	7886013, 4.57%, 12/12/2025	6/17/2024		20,872		21,036
	8,180	7886175, 4.57%, 12/12/2025	6/17/2024		8,004		7,195
	1,879	7886245, 5.13%, 12/12/2025	6/17/2024		1,822		1,837
	2,056	7886320, 5.93%, 12/12/2025	6/17/2024		2,041		1,773
	1,535	7886419, 5.93%, 12/12/2025	6/17/2024		1,524		1,185
	15,085	7886431, 4.88%, 12/12/2025	6/17/2024		14,779		14,372
	9,131	7886568, 4.57%, 12/12/2025	6/17/2024		8,839		8,965
	5,481	7886688, 4.88%, 12/12/2025	6/17/2024		5,382		5,058
	5,003	7886719, 4.57%, 12/12/2025	6/17/2024		4,854		4,910
	1,391	7886757, 5.31%, 12/12/2025	6/17/2024		1,355		1,359
	1,872	7886777, 5.49%, 12/12/2025	6/17/2024		1,837		1,807
	3,950	7886802, 4.57%, 12/12/2025	6/17/2024		3,858		3,794
	3,855	7886870, 5.31%, 12/12/2025	6/17/2024		3,731		3,782
	9,775	7887004, 5.13%, 12/12/2025	6/17/2024		9,370		9,637
	8,615	7889150, 4.59%, 12/13/2025	6/18/2024		8,379		8,353
	1,739	7889525, 5.15%, 12/13/2025	6/18/2024		1,692		1,693
	2,926	7889554, 4.59%, 12/13/2025	6/18/2024		2,835		2,867
	291	7889626, 5.51%, 12/13/2025	6/18/2024		282		285
	1,898	7889643, 4.59%, 12/13/2025	6/18/2024		1,838		1,864
	4,533	7889702, 4.59%, 12/13/2025	6/18/2024		4,390		4,449
	3,411	7889768, 6.25%, 12/13/2025	6/18/2024		3,379		3,311
	2,768	7889886, 4.59%, 12/13/2025	6/18/2024		2,689		2,708
	915	7890233, 5.70%, 12/13/2025	6/18/2024		896		892
	14,128	7890322, 4.59%, 12/13/2025	6/18/2024		13,855		12,265
	4,511	7890475, 4.59%, 12/13/2025	6/18/2024		4,339		4,449
	1,288	7890528, 4.58%, 12/13/2025	6/18/2024		1,240		1,270
	216	7890556, 4.59%, 12/13/2025	6/18/2024		216		186
	3,482	7890634, 5.70%, 12/13/2025	6/18/2024		3,438		3,249
	6,696	7890696, 5.94%, 12/13/2025	6/18/2024		6,572		6,561
	2,173	7890915, 4.90%, 12/13/2025	6/18/2024		2,043		2,152
	7,478	7890974, 4.59%, 12/13/2025	6/18/2024		7,245		7,342
	633	7891081, 5.94%, 12/13/2025	6/18/2024		632		555
	933	7891382, 5.68%, 12/13/2025	6/18/2024		925		776
	920	7891389, 5.70%, 12/13/2025	6/18/2024		892		901

See Notes to Financial Statements.

114 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	877	7891410, 5.70%, 12/13/2025	6/18/2024		869		$	787
	6,299	7891417, 4.59%, 12/13/2025	6/18/2024		6,110			6,175
	972	7891495, 5.24%, 12/13/2025	6/18/2024		971			823
	2,233	7891497, 4.59%, 12/13/2025	6/18/2024		2,163			2,192
	18	7891519, 4.56%, 12/13/2025	6/18/2024		16			9
	1,187	7891535, 4.90%, 12/13/2025	6/18/2024		1,128			1,172
	2,852	7891607, 4.59%, 12/13/2025	6/18/2024		2,784			2,740
	8,080	7891841, 5.70%, 12/13/2025	6/18/2024		7,945			7,781
	1,710	7892165, 5.15%, 12/13/2025	6/18/2024		1,669			1,651
	2,485	7892540, 6.25%, 12/13/2025(g)	6/18/2024		2,478			1,399
	4,259	7892580, 5.15%, 12/13/2025	6/18/2024		4,150			4,134
	670	7892616, 5.70%, 12/13/2025	6/18/2024		657			648
	304	7892622, 5.95%, 12/13/2025	6/18/2024		297			299
	1,415	7892629, 4.90%, 12/13/2025	6/18/2024		1,376			1,383
	1,215	7892675, 4.91%, 12/13/2025	6/18/2024		1,192			1,129
	596	7892683, 4.59%, 12/13/2025	6/18/2024		574			588
	4,292	7892700, 5.15%, 12/13/2025	6/18/2024		4,173			4,188
	21,234	7892749, 4.59%, 12/13/2025	6/18/2024		20,670			20,624
	20,629	7892973, 5.15%, 12/13/2025	6/18/2024		20,181			19,759
	1,067	7893124, 5.95%, 12/14/2025	6/20/2024		1,017			1,055
	2,066	7893521, 5.33%, 12/14/2025	6/20/2024		2,038			214
	1,332	7893565, 5.15%, 12/14/2025	6/20/2024		1,302			1,285
	1,583	7893585, 4.91%, 12/14/2025	6/20/2024		1,560			1,227
	4,540	7893595, 5.23%, 12/14/2025	6/20/2024		4,534			230
	3,823	7893625, 5.33%, 12/14/2025	6/20/2024		3,686			3,757
	12,194	7893999, 5.15%, 12/14/2025	6/20/2024		11,964			11,014
	3,136	7894118, 4.59%, 12/14/2025	6/20/2024		3,037			3,074
	6,492	7894149, 5.51%, 12/14/2025	6/20/2024		6,391			5,950
	1,182	7894210, 5.15%, 12/14/2025	6/20/2024		1,138			1,164
	1,263	7894334, 4.59%, 12/14/2025	6/20/2024		1,184			1,251
	1,607	7894386, 4.59%, 12/14/2025	6/20/2024		1,561			1,573
	6,545	7894473, 4.59%, 12/14/2025	6/20/2024		6,340			6,423
	–	7894779, 6.25%, 12/14/2025	6/20/2024		(4,724	)		–
	913	7895107, 4.54%, 12/14/2025	6/20/2024		913			240
	3,217	7895124, 4.59%, 12/14/2025	6/20/2024		3,151			2,807
	23,775	7895132, 4.59%, 12/14/2025	6/20/2024		22,962			23,372
	875	7895315, 5.15%, 12/14/2025	6/20/2024		850			846
	1,242	7895322, 5.14%, 12/14/2025	6/20/2024		1,219			1,129
	2,185	7895335, 4.59%, 12/14/2025	6/20/2024		2,075			2,161
	26,723	7895354, 4.90%, 12/14/2025	6/20/2024		25,908			26,211
	23,467	7895570, 4.59%, 12/14/2025	6/20/2024		22,695			23,049
	16,127	7895756, 4.59%, 12/14/2025	6/20/2024		15,481			15,906
	1,670	7896004, 4.90%, 12/14/2025	6/20/2024		1,591			1,652
	3,055	7896169, 4.59%, 12/14/2025	6/20/2024		2,916			3,018
	749	7896203, 6.07%, 12/14/2025	6/20/2024		741			721

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 115

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	14,440	7896226, 5.15%, 12/14/2025	6/20/2024		14,151		$	13,593
	1,336	7896352, 5.33%, 12/14/2025	6/20/2024		1,309			1,276
	8,666	7896387, 5.95%, 12/14/2025	6/20/2024		8,520			8,320
	965	7896486, 4.55%, 12/14/2025	6/20/2024		964			704
	458	7898681, 5.71%, 12/15/2025	6/21/2024		429			454
	1,792	7898780, 4.60%, 12/15/2025	6/21/2024		1,716			1,767
	3,851	7898822, 5.33%, 12/15/2025	6/21/2024		3,801			2,690
	828	7898829, 4.57%, 12/15/2025	6/21/2024		828			524
	2,022	7898848, 5.72%, 12/15/2025	6/21/2024		2,000			1,663
	6,961	7898856, 5.71%, 12/15/2025	6/21/2024		6,821			6,757
	1,619	7898935, 6.07%, 12/15/2025	6/21/2024		1,612			1,116
	163	7898961, 5.34%, 12/15/2025	6/21/2024		151			163
	316	7899055, 4.52%, 12/15/2025	6/21/2024		316			273
	2,788	7899058, 4.60%, 12/15/2025	6/21/2024		2,696			2,741
	1,605	7899076, 5.72%, 12/15/2025	6/21/2024		1,582			1,495
	12,727	7899087, 4.91%, 12/15/2025	6/21/2024		12,414			12,280
	2,798	7899168, 5.16%, 12/15/2025	6/21/2024		2,696			2,749
	868	7899210, 5.94%, 12/15/2025	6/21/2024		868			350
	679	7899242, 5.70%, 12/15/2025	6/21/2024		665			658
	19,244	7899247, 5.71%, 12/15/2025	6/21/2024		18,911			17,958
	1,204	7899407, 5.15%, 12/15/2025	6/21/2024		1,176			1,154
	3,601	7899441, 4.91%, 12/15/2025	6/21/2024		3,484			3,537
	1,397	7899472, 5.71%, 12/15/2025	6/21/2024		1,373			1,341
	965	7899479, 4.92%, 12/15/2025	6/21/2024		918			954
	19,448	7899516, 4.91%, 12/15/2025	6/21/2024		19,134			15,351
	4,149	7899600, 5.71%, 12/15/2025	6/21/2024		4,040			4,069
	4,580	7899641, 4.60%, 12/15/2025	6/21/2024		4,426			4,501
	582	7899712, 4.56%, 12/16/2025	6/21/2024		581			359
	813	7899719, 4.59%, 12/16/2025	6/21/2024		811			84
	2,235	7899742, 4.91%, 12/16/2025	6/21/2024		2,171			2,175
	–	7899771, 4.90%, 12/16/2025	6/21/2024		(1,593	)		–
	2,827	7899849, 5.32%, 12/16/2025	6/21/2024		2,774			2,632
	5,109	7899863, 4.59%, 12/16/2025	6/21/2024		4,938			5,023
	6,611	7899913, 5.14%, 12/16/2025	6/21/2024		6,471			6,232
	10,255	7899975, 4.90%, 12/16/2025	6/21/2024		9,843			10,120
	601	7900074, 5.32%, 12/16/2025	6/21/2024		570			595
	15,760	7900080, 4.59%, 12/16/2025	6/21/2024		15,297			15,418
	1,440	7900200, 4.91%, 12/16/2025	6/21/2024		1,411			1,341
	440	7900213, 5.72%, 12/16/2025	6/21/2024		430			420
	1,880	7900248, 5.94%, 12/16/2025	6/21/2024		1,849			1,817
	3,534	7900267, 6.26%, 12/16/2025	6/21/2024		3,523			2,351
	953	7900288, 4.59%, 12/16/2025	6/21/2024		912			941
	6,737	7900295, 5.15%, 12/16/2025	6/21/2024		6,588			6,445
	2,016	7900356, 4.59%, 12/16/2025	6/21/2024		1,955			1,973
	1,504	7900370, 4.59%, 12/16/2025	6/21/2024		1,455			1,475

See Notes to Financial Statements.

116 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	4,948	7900391, 5.70%, 12/16/2025	6/21/2024		4,771	$	4,870
	5,316	7900514, 6.07%, 12/16/2025(g)	6/21/2024		5,276		104
	1,179	7900545, 5.52%, 12/16/2025	6/21/2024		1,159		1,112
	1,573	7900555, 5.33%, 12/16/2025	6/21/2024		1,540		1,504
	7,665	7900599, 4.59%, 12/16/2025	6/21/2024		7,472		7,362
	4,935	7900691, 6.06%, 12/17/2025	6/21/2024		4,865		4,771
	3,303	7900759, 4.58%, 12/17/2025	6/21/2024		3,200		3,232
	3,893	7900824, 6.06%, 12/17/2025	6/21/2024		3,844		3,759
	918	7900991, 4.52%, 12/17/2025	6/21/2024		917		339
	582	7901051, 6.24%, 12/17/2025	6/21/2024		581		397
	314	7901098, 4.51%, 12/17/2025	6/21/2024		314		272
	7,895	7901102, 5.13%, 12/17/2025	6/21/2024		7,740		7,417
	5,301	7901234, 4.58%, 12/17/2025	6/21/2024		5,192		4,646
	902	7901304, 6.06%, 12/17/2025(g)	6/21/2024		898		16
	3,865	7901305, 4.89%, 12/17/2025	6/21/2024		3,809		2,916
	1,481	7901466, 5.93%, 12/17/2025	6/21/2024		1,462		1,414
	9,208	7901503, 5.69%, 12/17/2025	6/21/2024		8,988		8,772
	8,812	7901593, 4.58%, 12/17/2025	6/21/2024		8,461		8,678
	4,150	7901760, 4.58%, 12/17/2025	6/21/2024		4,009		4,082
	2,900	7901811, 5.51%, 12/17/2025	6/21/2024		2,854		2,662
	4,400	7901845, 4.89%, 12/17/2025	6/21/2024		4,307		4,099
	2,680	7901894, 4.58%, 12/17/2025	6/21/2024		2,591		2,581
	422	7901914, 4.55%, 12/17/2025	6/21/2024		422		157
	7,116	7901925, 4.58%, 12/17/2025	6/21/2024		6,908		6,967
	12,335	7901988, 5.69%, 12/17/2025	6/21/2024		12,133		11,845
	1,399	7902092, 5.32%, 12/17/2025	6/21/2024		1,335		1,384
	4,671	7902121, 4.58%, 12/17/2025	6/21/2024		4,545		4,529
	1,728	7902173, 4.58%, 12/17/2025	6/21/2024		1,673		1,696
	3,364	7902192, 5.32%, 12/17/2025	6/21/2024		3,274		3,283
	45,760	7902236, 4.58%, 12/17/2025	6/21/2024		44,278		44,942
	25,197	7902540, 4.58%, 12/17/2025	6/21/2024		24,441		24,686
	3,335	7902800, 4.58%, 12/17/2025	6/21/2024		3,216		3,283
	2,435	7902830, 4.58%, 12/17/2025	6/21/2024		2,373		2,357
	665	7902837, 4.56%, 12/17/2025	6/21/2024		643		654
	2,684	7902840, 4.89%, 12/17/2025	6/21/2024		2,499		2,671
	3,289	7903106, 5.14%, 12/17/2025	6/21/2024		3,217		3,152
	7,460	7903129, 5.50%, 12/17/2025	6/21/2024		7,335		7,013
	6,266	7903253, 4.89%, 12/17/2025	6/21/2024		6,089		6,123
	20,446	7903418, 5.50%, 12/17/2025	6/21/2024		20,080		19,586
	1,783	7903564, 4.89%, 12/17/2025	6/21/2024		1,725		1,746
	11,547	7903606, 4.58%, 12/17/2025	6/21/2024		11,147		11,369
	2,771	7903790, 4.58%, 12/17/2025	6/21/2024		2,686		2,725
	480	7903888, 4.58%, 12/17/2025	6/21/2024		465		471
	1,618	7903908, 5.33%, 12/17/2025	6/21/2024		1,586		1,542
	6,957	7903922, 6.06%, 12/17/2025	6/21/2024		6,840		6,777

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 117

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	5,337	7904088, 5.50%, 12/17/2025	6/21/2024		5,250		$	5,028
	26,282	7904136, 5.14%, 12/17/2025	6/21/2024		25,414			25,792
	5,741	7904355, 5.14%, 12/18/2025	6/24/2024		5,615			5,402
	6,708	7904405, 5.14%, 12/18/2025	6/24/2024		6,440			6,604
	–	7904519, 6.05%, 12/18/2025	6/24/2024		(272	)		–
	978	7904572, 4.89%, 12/18/2025	6/24/2024		903			973
	10,587	7904719, 4.58%, 12/18/2025	6/24/2024		10,179			10,427
	1,145	7904907, 4.57%, 12/18/2025	6/24/2024		1,116			1,099
	6,488	7904934, 4.89%, 12/18/2025	6/24/2024		6,366			5,250
	1,146	7904998, 6.05%, 12/18/2025	6/24/2024		1,136			1,050
	1,189	7905011, 5.68%, 12/18/2025	6/24/2024		1,161			1,134
	8,420	7905104, 5.32%, 12/18/2025	6/24/2024		8,195			8,210
	4,237	7905297, 4.58%, 12/18/2025	6/24/2024		4,117			4,130
	1,026	7905370, 4.53%, 12/18/2025	6/24/2024		1,025			558
	2,340	7905374, 5.14%, 12/18/2025	6/24/2024		2,268			2,272
	1,976	7905407, 5.69%, 12/18/2025	6/24/2024		1,947			1,846
	2,593	7905440, 4.58%, 12/18/2025	6/24/2024		2,524			2,513
	1,786	7905489, 5.93%, 12/18/2025	6/24/2024		1,765			1,670
	13,452	7905524, 5.32%, 12/18/2025	6/24/2024		13,210			11,874
	19,203	7905721, 5.14%, 12/18/2025	6/24/2024		18,469			18,851
	746	7906052, 4.90%, 12/18/2025	6/24/2024		711			738
	12,280	7906088, 4.89%, 12/18/2025	6/24/2024		11,859			12,050
	8,864	7906183, 5.14%, 12/18/2025	6/24/2024		8,632			8,567
	1,842	7906249, 5.94%, 12/18/2025	6/24/2024		1,824			1,394
	3,658	7906253, 5.94%, 12/18/2025	6/24/2024		3,610			2,292
	1,158	7906303, 4.90%, 12/18/2025	6/24/2024		1,104			1,143
	9,618	7906318, 4.58%, 12/18/2025	6/24/2024		9,302			9,435
	3,801	7906395, 5.14%, 12/18/2025	6/24/2024		3,741			2,769
	609	7906546, 5.52%, 12/18/2025	6/24/2024		597			584
	5,049	7906554, 5.69%, 12/18/2025	6/24/2024		4,823			4,968
	7,196	7906610, 4.55%, 12/18/2025	6/24/2024		7,191			3,791
	10,357	7906656, 4.58%, 12/18/2025	6/24/2024		10,026			10,151
	16,590	7906735, 4.58%, 12/18/2025	6/24/2024		15,934			16,355
	619	7906957, 5.69%, 12/18/2025	6/24/2024		587			612
	1,071	7907002, 4.55%, 12/18/2025	6/24/2024		1,068			1,005
	6,162	7907011, 5.14%, 12/18/2025	6/24/2024		5,973			6,023
	1,615	7907142, 5.51%, 12/18/2025	6/24/2024		1,555			1,589
	6,479	7907193, 5.13%, 12/18/2025	6/24/2024		6,369			5,827
	9,122	7907237, 4.58%, 12/18/2025	6/24/2024		8,834			8,948
	8,412	7907349, 4.89%, 12/18/2025	6/24/2024		8,211			8,043
	879	7907412, 5.93%, 12/18/2025	6/24/2024		867			837
	4,221	7907749, 5.14%, 12/18/2025	6/24/2024		4,107			3,988
	13,555	7909866, 5.52%, 12/19/2025	6/25/2024		13,243			13,098
	1,656	7909959, 5.96%, 12/19/2025	6/25/2024		1,629			1,596
	4,880	7909973, 4.91%, 12/19/2025	6/25/2024		4,755			4,706

See Notes to Financial Statements.

118 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	3,820	7910010, 4.60%, 12/19/2025	6/25/2024		3,720		$	3,673
	1,246	7910036, 4.90%, 12/19/2025	6/25/2024		1,198			1,221
	3,583	7910052, 4.60%, 12/19/2025	6/25/2024		3,469			3,513
	13,868	7910082, 4.60%, 12/19/2025	6/25/2024		13,446			13,573
	3,179	7910144, 5.16%, 12/19/2025	6/25/2024		3,095			3,077
	3,468	7910173, 4.60%, 12/19/2025	6/25/2024		3,359			3,398
	2,650	7910196, 4.90%, 12/19/2025	6/25/2024		2,556			2,599
	5,282	7910210, 4.60%, 12/19/2025	6/25/2024		5,083			5,202
	1,657	7910284, 4.60%, 12/19/2025	6/25/2024		1,593			1,632
	273	7910294, 4.59%, 12/19/2025	6/25/2024		273			249
	3,397	7910302, 4.91%, 12/19/2025	6/25/2024		3,302			3,307
	257	7910336, 5.94%, 12/19/2025	6/25/2024		256			245
	949	7910350, 5.69%, 12/19/2025	6/25/2024		937			861
	14,153	7910354, 4.60%, 12/19/2025	6/25/2024		13,647			13,898
	1,930	7910450, 4.91%, 12/19/2025	6/25/2024		1,877			1,878
	831	7910603, 5.97%, 12/19/2025	6/25/2024		818			804
	1,980	7910648, 5.16%, 12/19/2025	6/25/2024		1,934			1,895
	3,068	7910655, 4.60%, 12/19/2025	6/25/2024		2,978			2,992
	3,200	7910709, 4.60%, 12/19/2025	6/25/2024		3,111			3,115
	6,122	7910725, 5.71%, 12/19/2025	6/25/2024		5,974			5,922
	2,567	7910770, 5.34%, 12/19/2025	6/25/2024		2,522			2,294
	9,527	7910791, 5.34%, 12/19/2025	6/25/2024		9,293			9,219
	5,219	7910983, 5.52%, 12/19/2025	6/25/2024		5,152			3,419
	6,262	7911030, 4.60%, 12/19/2025	6/25/2024		6,115			5,531
	1,240	7911043, 6.07%, 12/19/2025	6/25/2024		1,221			1,167
	1,845	7911048, 5.96%, 12/19/2025	6/25/2024		1,805			1,801
	295	7911265, 4.59%, 12/20/2025	6/25/2024		274			292
	5,609	7911359, 4.59%, 12/20/2025	6/25/2024		5,448			5,465
	5,067	7911490, 4.59%, 12/20/2025	6/25/2024		4,908			4,966
	7,066	7911589, 5.15%, 12/20/2025	6/25/2024		6,911			6,664
	1,555	7911671, 5.71%, 12/20/2025	6/25/2024		1,524			1,505
	467	7911694, 6.28%, 12/20/2025	6/25/2024		465			410
	504	7911827, 4.93%, 12/20/2025	6/25/2024		495			466
	658	7911856, 5.92%, 12/20/2025	6/25/2024		657			199
	7,210	7911862, 5.70%, 12/20/2025	6/25/2024		7,025			7,037
	–	7912134, 6.07%, 12/20/2025	6/25/2024		(2,038	)		–
	2,009	7912313, 4.59%, 12/20/2025	6/25/2024		1,946			1,971
	1,655	7912337, 4.60%, 12/20/2025	6/25/2024		1,603			1,622
	12,034	7912362, 4.90%, 12/20/2025	6/25/2024		11,395			11,908
	2,648	7912738, 4.59%, 12/20/2025	6/25/2024		2,544			2,611
	3,389	7912828, 5.24%, 12/20/2025	6/25/2024		3,384			2,775
	3,397	7912876, 5.95%, 12/20/2025	6/25/2024		3,370			1,995
	24,273	7912915, 5.15%, 12/20/2025	6/25/2024		23,801			22,032
	571	7913091, 4.90%, 12/20/2025	6/25/2024		531			566
	3,895	7913191, 4.90%, 12/20/2025	6/25/2024		3,764			3,820

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 119

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	4,164	7913378, 4.59%, 12/20/2025	6/25/2024		4,027		$	4,087
	26,949	7913439, 4.59%, 12/20/2025	6/25/2024		26,244			25,903
	1,536	7913566, 4.56%, 12/20/2025(g)	6/25/2024		1,535			436
	–	7913697, 4.90%, 12/20/2025	6/25/2024		(333	)		(66	)
	28,350	7913764, 5.33%, 12/20/2025	6/25/2024		27,727			27,100
	31,177	7913992, 4.59%, 12/20/2025	6/25/2024		30,025			30,690
	41,653	7914305, 4.59%, 12/20/2025	6/25/2024		40,374			40,770
	743	7914700, 5.94%, 12/20/2025	6/25/2024		724			727
	1,573	7914708, 4.59%, 12/20/2025	6/25/2024		1,471			1,563
	4,534	7914788, 4.59%, 12/20/2025	6/25/2024		4,416			4,346
	–	7914973, 5.94%, 12/21/2025	6/26/2024		(1	)		(23	)
	5,628	7915105, 4.59%, 12/21/2025	6/26/2024		5,409			5,542
	4,027	7915207, 4.90%, 12/21/2025	6/26/2024		3,893			3,948
	803	7915427, 5.33%, 12/21/2025	6/26/2024		785			765
	869	7915437, 5.35%, 12/21/2025	6/26/2024		852			809
	12,774	7915459, 5.15%, 12/21/2025	6/26/2024		12,382			12,468
	954	7915781, 4.92%, 12/21/2025	6/26/2024		932			909
	4,409	7915808, 4.90%, 12/21/2025	6/26/2024		4,268			4,321
	2,295	7915872, 4.58%, 12/21/2025	6/26/2024		2,224			2,245
	31,747	7915899, 4.90%, 12/21/2025	6/26/2024		30,906			30,650
	439	7916280, 6.26%, 12/21/2025	6/26/2024		435			421
	13,096	7916284, 5.95%, 12/21/2025	6/26/2024		12,978			10,110
	2,433	7916320, 4.58%, 12/21/2025	6/26/2024		2,354			2,386
	1,114	7916342, 4.59%, 12/21/2025	6/26/2024		1,074			1,097
	10,093	7916367, 4.90%, 12/21/2025	6/26/2024		9,818			9,807
	3,225	7916470, 4.60%, 12/21/2025	6/26/2024		3,139			3,121
	2,684	7916499, 4.59%, 12/21/2025	6/26/2024		2,597			2,633
	24,814	7916516, 5.15%, 12/21/2025	6/26/2024		23,761			24,433
	1,596	7916813, 5.33%, 12/21/2025	6/26/2024		1,553			1,546
	8,788	7917279, 4.59%, 12/21/2025	6/26/2024		8,522			8,603
	6,102	7917384, 4.59%, 12/21/2025	6/26/2024		5,874			6,008
	8,933	7917434, 5.15%, 12/21/2025	6/26/2024		8,644			8,732
	2,219	7917533, 4.59%, 12/21/2025	6/26/2024		2,158			2,150
	61,174	7917609, 5.94%, 12/21/2025	6/26/2024		60,750			34,009
	576	7917868, 5.70%, 12/21/2025	6/26/2024		543			571
	7,999	7917958, 5.33%, 12/21/2025	6/26/2024		7,734			7,837
	1,305	7918034, 6.26%, 12/21/2025	6/26/2024		1,300			897
	506	7918044, 6.27%, 12/21/2025	6/26/2024		503			461
	2,657	7918154, 4.59%, 12/21/2025	6/26/2024		2,561			2,613
	738	7918179, 5.70%, 12/21/2025	6/26/2024		721			719
	773	7918183, 5.52%, 12/21/2025	6/26/2024		759			728
	2,407	7918206, 4.90%, 12/21/2025	6/26/2024		2,327			2,361
	903	7918234, 5.70%, 12/21/2025	6/26/2024		891			763
	3,068	7918247, 4.59%, 12/21/2025	6/26/2024		2,947			3,025
	9,443	7918303, 4.90%, 12/21/2025	6/26/2024		9,127			9,258

See Notes to Financial Statements.

120 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,437	7918432, 5.33%, 12/21/2025	6/26/2024		2,374	$	2,356
	1,916	7918467, 5.33%, 12/21/2025	6/26/2024		1,767		1,904
	22,092	7918551, 5.33%, 12/21/2025	6/26/2024		21,610		21,104
	15,615	7918909, 4.59%, 12/22/2025	6/27/2024		15,069		15,340
	2,971	7919014, 5.15%, 12/22/2025	6/27/2024		2,915		2,678
	2,683	7919023, 5.69%, 12/22/2025	6/27/2024		2,638		2,550
	2,089	7919049, 5.70%, 12/22/2025	6/27/2024		2,035		2,037
	4,989	7919062, 5.95%, 12/22/2025	6/27/2024		4,974		2,458
	6,443	7919097, 4.59%, 12/22/2025	6/27/2024		6,239		6,311
	4,107	7919138, 4.90%, 12/22/2025	6/27/2024		4,012		3,919
	1,495	7919165, 4.90%, 12/22/2025	6/27/2024		1,437		1,474
	9,215	7919177, 4.59%, 12/22/2025	6/27/2024		8,918		9,035
	1,800	7919237, 5.15%, 12/22/2025	6/27/2024		1,755		1,726
	3,209	7919247, 4.59%, 12/22/2025	6/27/2024		3,101		3,148
	1,491	7919273, 6.25%, 12/22/2025	6/27/2024		1,485		1,189
	3,354	7919434, 4.59%, 12/22/2025	6/27/2024		3,244		3,290
	7,627	7919466, 4.59%, 12/22/2025	6/27/2024		7,364		7,489
	2,208	7919747, 5.94%, 12/22/2025	6/27/2024		2,124		2,177
	3,127	7919791, 5.15%, 12/22/2025	6/27/2024		3,063		2,846
	2,523	7919819, 4.59%, 12/22/2025	6/27/2024		2,435		2,480
	1,047	7919838, 4.58%, 12/22/2025	6/27/2024		1,046		575
	6,958	7919850, 4.58%, 12/23/2025	6/27/2024		6,744		6,784
	14,591	7919904, 5.69%, 12/23/2025	6/27/2024		14,398		12,291
	5,384	7920011, 4.58%, 12/23/2025	6/27/2024		5,278		2,003
	278	7920045, 4.54%, 12/23/2025	6/27/2024		278		263
	3,322	7920107, 5.31%, 12/23/2025	6/27/2024		3,266		2,948
	5,025	7920158, 4.55%, 12/23/2025	6/27/2024		5,022		823
	3,764	7920210, 4.58%, 12/23/2025	6/27/2024		3,667		3,614
	1,653	7920233, 5.32%, 12/23/2025	6/27/2024		1,613		1,586
	1,227	7920272, 4.58%, 12/23/2025	6/27/2024		1,183		1,207
	4,012	7920292, 5.14%, 12/23/2025	6/27/2024		3,930		3,655
	2,832	7920308, 5.50%, 12/23/2025	6/27/2024		2,775		2,685
	220	7920323, 6.26%, 12/23/2025	6/27/2024		218		214
	552	7920324, 5.70%, 12/23/2025	6/27/2024		538		540
	1,348	7920339, 5.69%, 12/23/2025	6/27/2024		1,311		1,317
	6,835	7920362, 4.58%, 12/23/2025	6/27/2024		6,595		6,715
	4,905	7920503, 6.06%, 12/23/2025	6/27/2024		4,850		4,501
	5,937	7920563, 5.69%, 12/23/2025	6/27/2024		5,778		5,800
	14,449	7920635, 5.69%, 12/23/2025	6/27/2024		14,290		1,583
	21,751	7920710, 4.89%, 12/23/2025	6/27/2024		21,228		20,753
	1,625	7921159, 5.48%, 12/24/2025	6/27/2024		1,606		338
	254	7921165, 5.50%, 12/24/2025	6/27/2024		236		251
	3,869	7921176, 4.88%, 12/24/2025	6/27/2024		3,767		3,734
	1,159	7921305, 5.12%, 12/24/2025	6/27/2024		1,130		1,110
	1,293	7921642, 5.66%, 12/24/2025	6/27/2024		1,281		151

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 121

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	907	7921755, 6.07%, 12/24/2025	6/27/2024		901	$	650
	6,313	7921779, 4.88%, 12/24/2025	6/27/2024		6,154		5,822
	659	7921890, 5.49%, 12/24/2025	6/27/2024		620		652
	533	7921932, 6.21%, 12/24/2025	6/27/2024		530		470
	751	7921941, 4.57%, 12/24/2025	6/27/2024		727		737
	18,931	7921968, 4.88%, 12/24/2025	6/27/2024		18,563		15,429
	6,354	7922142, 6.04%, 12/24/2025	6/27/2024		6,316		3,277
	10,759	7922169, 4.88%, 12/24/2025	6/27/2024		10,558		8,720
	9,770	7922237, 5.13%, 12/24/2025	6/27/2024		9,574		8,840
	769	7922337, 5.23%, 12/24/2025	6/27/2024		769		697
	7,480	7922349, 4.57%, 12/24/2025	6/27/2024		7,236		7,337
	3,977	7922429, 4.57%, 12/24/2025	6/27/2024		3,875		3,814
	4,118	7922597, 4.57%, 12/24/2025	6/27/2024		3,997		4,031
	7,481	7922633, 4.88%, 12/24/2025	6/27/2024		6,938		7,423
	4,993	7922853, 4.57%, 12/24/2025	6/27/2024		4,830		4,898
	1,191	7922885, 5.48%, 12/24/2025	6/27/2024		1,166		1,142
	21,291	7922905, 4.88%, 12/24/2025	6/27/2024		20,599		20,852
	25,208	7923192, 4.57%, 12/24/2025	6/27/2024		24,730		9,697
	2,298	7923416, 4.88%, 12/24/2025	6/27/2024		2,211		2,262
	1,824	7923436, 5.13%, 12/24/2025	6/27/2024		1,773		1,778
	500	7923454, 4.88%, 12/24/2025	6/27/2024		486		488
	649	7923456, 6.04%, 12/24/2025	6/27/2024		644		585
	117	7923509, 4.54%, 12/24/2025	6/27/2024		116		113
	6,075	7923516, 4.57%, 12/24/2025	6/27/2024		5,875		5,961
	3,388	7923631, 4.57%, 12/24/2025	6/27/2024		3,245		3,343
	2,207	7923701, 5.92%, 12/24/2025	6/27/2024		2,140		2,166
	4,052	7923741, 5.31%, 12/24/2025	6/27/2024		3,941		3,950
	2,921	7923771, 5.13%, 12/24/2025	6/27/2024		2,823		2,864
	197	7923836, 5.91%, 12/24/2025	6/27/2024		189		195
	6,122	7923856, 4.57%, 12/24/2025	6/27/2024		5,946		5,964
	29,716	7923912, 5.13%, 12/24/2025	6/27/2024		28,769		29,002
	1,176	7924261, 5.67%, 12/24/2025	6/27/2024		1,150		1,141
	8,221	7924271, 4.57%, 12/24/2025	6/27/2024		8,025		7,290
	4,150	7924319, 5.68%, 12/24/2025	6/27/2024		4,108		515
	308	7924407, 5.91%, 12/24/2025	6/27/2024		299		302
	10,527	7924413, 4.88%, 12/24/2025	6/27/2024		10,321		8,590
	800	7924477, 5.32%, 12/24/2025	6/27/2024		776		780
	6,217	7924585, 6.04%, 12/25/2025	6/28/2024		6,164		3,008
	34,055	7924660, 4.57%, 12/25/2025	6/28/2024		33,353		29,600
	1,085	7924901, 5.93%, 12/25/2025	6/28/2024		1,070		1,017
	1,631	7924923, 5.69%, 12/25/2025	6/28/2024		1,610		1,379
	902	7924956, 5.93%, 12/25/2025	6/28/2024		884		857
	4,096	7925000, 4.88%, 12/25/2025	6/28/2024		3,989		3,950
	3,793	7925045, 5.31%, 12/25/2025	6/28/2024		3,710		3,617
	1,178	7925087, 5.13%, 12/25/2025	6/28/2024		1,136		1,156

See Notes to Financial Statements.

122 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	24,706	7925101, 5.13%, 12/25/2025	6/28/2024		24,068		$	23,849
	1,240	7925386, 4.57%, 12/25/2025	6/28/2024		1,185			1,224
	1,233	7925420, 5.91%, 12/25/2025(g)	6/28/2024		1,232			12
	4,093	7925448, 4.57%, 12/25/2025	6/28/2024		3,999			3,621
	4,877	7925664, 4.57%, 12/25/2025	6/28/2024		4,704			4,793
	3,945	7925780, 4.54%, 12/25/2025	6/28/2024		3,941			2,539
	8,590	7925816, 4.57%, 12/25/2025	6/28/2024		8,129			8,501
	8,191	7925987, 5.13%, 12/25/2025	6/28/2024		8,003			7,736
	5,584	7926076, 4.57%, 12/25/2025	6/28/2024		5,460			4,920
	2,101	7926143, 4.57%, 12/25/2025	6/28/2024		2,047			2,015
	14,612	7926162, 5.31%, 12/25/2025	6/28/2024		14,107			14,323
	2,848	7926409, 4.88%, 12/25/2025	6/28/2024		2,750			2,793
	117	7926445, 4.56%, 12/25/2025	6/28/2024		116			114
	8,638	7926451, 5.68%, 12/25/2025	6/28/2024		8,413			8,422
	3,481	7926532, 5.50%, 12/25/2025	6/28/2024		3,425			3,028
	–	7926570, 4.58%, 12/25/2025	6/28/2024		(367	)		–
	11,248	7926582, 4.88%, 12/25/2025	6/28/2024		11,020			9,217
	811	7926677, 6.05%, 12/25/2025	6/28/2024		804			570
	8,451	7926679, 4.57%, 12/25/2025	6/28/2024		8,208			8,226
	6,837	7926715, 4.57%, 12/25/2025	6/28/2024		6,603			6,715
	447	7926749, 5.31%, 12/25/2025	6/28/2024		413			444
	308	7926791, 5.92%, 12/25/2025	6/28/2024		294			303
	8,316	7927153, 5.68%, 12/25/2025	6/28/2024		8,173			7,903
	17,423	7927194, 4.88%, 12/25/2025	6/28/2024		16,913			16,940
	42,084	7927340, 5.68%, 12/25/2025	6/28/2024		41,675			26,523
	2,148	7927499, 4.57%, 12/25/2025	6/28/2024		2,042			2,124
	14,365	7927522, 4.57%, 12/25/2025	6/28/2024		13,936			14,046
	18,530	7927600, 4.57%, 12/25/2025	6/28/2024		18,203			7,300
	21,444	7927687, 4.57%, 12/25/2025	6/28/2024		20,917			20,510
	616	7927860, 5.94%, 12/25/2025	6/28/2024		607			580
	12,253	7927864, 4.57%, 12/25/2025	6/28/2024		11,923			11,856
	602	7928001, 4.55%, 12/25/2025	6/28/2024		601			570
	1,879	7928032, 4.88%, 12/25/2025	6/28/2024		1,779			1,859
	4,695	7928079, 4.88%, 12/25/2025	6/28/2024		4,447			4,645
	31,245	7928173, 5.68%, 12/25/2025	6/28/2024		30,761			28,425
	4,048	7928321, 4.57%, 12/25/2025	7/1/2024		3,937			3,918
	7,593	7928423, 4.57%, 12/26/2025	7/1/2024		7,375			7,342
	6,243	7928456, 4.57%, 12/26/2025	7/1/2024		6,061			6,045
	281	7928550, 5.11%, 12/26/2025	7/1/2024		261			278
	309	7928563, 4.52%, 12/26/2025	7/1/2024		309			296
	898	7928605, 5.94%, 12/26/2025	7/1/2024		895			591
	670	7928855, 6.25%, 12/26/2025	7/1/2024		665			615
	1,098	7928861, 4.86%, 12/26/2025	7/1/2024		1,068			1,059
	2,359	7928870, 4.57%, 12/26/2025	7/1/2024		2,259			2,322
	2,663	7928948, 4.57%, 12/26/2025	7/1/2024		2,600			2,357

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 123

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	12,773	7928973, 4.88%, 12/26/2025	7/1/2024		12,451	$	12,301
	16,908	7929210, 5.13%, 12/26/2025	7/1/2024		16,351		16,522
	2,516	7929466, 4.57%, 12/26/2025	7/1/2024		2,438		2,462
	2,434	7929503, 4.57%, 12/26/2025	7/1/2024		2,327		2,401
	3,929	7929664, 5.68%, 12/26/2025	7/1/2024		3,814		3,838
	31,311	7930155, 4.88%, 12/26/2025	7/1/2024		30,400		30,243
	7,709	7930411, 5.13%, 12/26/2025	7/1/2024		7,415		7,564
	1,267	7930631, 4.88%, 12/26/2025	7/1/2024		1,198		1,254
	7,951	7930653, 4.57%, 12/26/2025	7/1/2024		7,689		7,791
	51,949	7930720, 4.57%, 12/26/2025	7/1/2024		50,272		50,881
	51	7931154, 5.22%, 12/26/2025	7/1/2024		43		50
	2,699	7931183, 5.22%, 12/26/2025	7/1/2024		2,672		2,601
	836	7931237, 4.89%, 12/26/2025	7/1/2024		804		824
	2,196	7931279, 4.58%, 12/26/2025	7/1/2024		2,124		2,150
	2,058	7931290, 4.57%, 12/26/2025	7/1/2024		1,988		2,019
	6,308	7931307, 4.57%, 12/26/2025	7/1/2024		6,128		6,048
	8,028	7931332, 5.68%, 12/26/2025	7/1/2024		7,771		7,874
	2,256	7931448, 4.57%, 12/26/2025	7/1/2024		2,168		2,221
	3,052	7931455, 4.55%, 12/26/2025	7/1/2024		3,044		2,676
	1,402	7931503, 5.22%, 12/26/2025	7/1/2024		1,400		1,310
	10,141	7931527, 4.54%, 12/26/2025	7/1/2024		10,118		7,084
	11,679	7931698, 5.13%, 12/26/2025	7/1/2024		11,073		11,523
	5,456	7931865, 5.13%, 12/26/2025	7/1/2024		5,292		5,306
	1,628	7931940, 5.69%, 12/26/2025	7/1/2024		1,609		1,099
	13,962	7931956, 4.57%, 12/26/2025	7/1/2024		13,466		13,706
	2,064	7934099, 5.95%, 12/27/2025	7/2/2024		2,042		1,195
	1,644	7934247, 5.95%, 12/27/2025	7/2/2024		1,612		1,589
	9,990	7934278, 6.07%, 12/27/2025	7/2/2024		9,887		7,212
	704	7934519, 5.70%, 12/27/2025	7/2/2024		690		670
	19,742	7934584, 5.15%, 12/27/2025	7/2/2024		19,148		19,179
	5,831	7935265, 5.70%, 12/27/2025	7/2/2024		5,749		4,922
	4,069	7935401, 4.90%, 12/27/2025	7/2/2024		3,974		3,804
	4,966	7935502, 4.59%, 12/27/2025	7/2/2024		4,818		4,833
	4,877	7935582, 5.15%, 12/27/2025	7/2/2024		4,789		3,609
	3,794	7935639, 4.59%, 12/27/2025	7/2/2024		3,584		3,752
	3,467	7935744, 4.59%, 12/27/2025	7/2/2024		3,357		3,389
	5,367	7935787, 4.55%, 12/27/2025	7/2/2024		5,364		453
	2,137	7935848, 5.15%, 12/27/2025	7/2/2024		2,069		2,084
	8,459	7935884, 5.52%, 12/27/2025	7/2/2024		8,360		5,148
	6,341	7935970, 4.90%, 12/27/2025	7/2/2024		6,181		6,051
	2,040	7936044, 4.56%, 12/27/2025	7/2/2024		2,039		1,701
	9,231	7936057, 5.51%, 12/27/2025	7/2/2024		9,038		8,814
	2,160	7936159, 4.59%, 12/27/2025	7/2/2024		2,070		2,129
	747	7936229, 5.69%, 12/27/2025	7/2/2024		727		724
	9,667	7936265, 4.59%, 12/27/2025	7/2/2024		9,412		9,262

See Notes to Financial Statements.

124 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	6,540	7936394, 5.51%, 12/27/2025	7/2/2024		6,328	$	6,398
	2,314	7936528, 5.33%, 12/27/2025	7/2/2024		2,227		2,270
	1,696	7936577, 5.32%, 12/27/2025	7/2/2024		1,632		1,664
	2,195	7936614, 4.89%, 12/27/2025	7/2/2024		2,125		2,145
	4,096	7936937, 6.07%, 12/27/2025	7/2/2024		4,038		3,925
	3,293	7936964, 4.90%, 12/27/2025	7/2/2024		3,178		3,229
	16,916	7937034, 4.59%, 12/27/2025	7/2/2024		16,483		16,177
	17,760	7937301, 5.15%, 12/27/2025	7/2/2024		17,202		17,275
	398	7937604, 5.92%, 12/27/2025	7/2/2024		396		368
	296	7937707, 4.56%, 12/27/2025	7/2/2024		293		289
	7,192	7937762, 4.59%, 12/27/2025	7/2/2024		6,965		7,037
	13,620	7937864, 4.56%, 12/27/2025	7/2/2024		13,611		10,383
	1,160	7938096, 5.71%, 12/27/2025	7/2/2024		1,136		1,115
	1,381	7938136, 4.89%, 12/28/2025	7/3/2024		1,324		1,360
	1,119	7938254, 5.51%, 12/28/2025	7/3/2024		1,050		1,106
	13,990	7938347, 4.90%, 12/28/2025	7/3/2024		13,673		13,035
	2,208	7938566, 4.56%, 12/28/2025	7/3/2024		2,206		1,282
	5,259	7938615, 4.59%, 12/28/2025	7/3/2024		5,054		5,167
	2,449	7938760, 5.94%, 12/28/2025	7/3/2024		2,444		949
	4,093	7938798, 4.59%, 12/28/2025	7/3/2024		3,986		3,925
	2,364	7938862, 4.59%, 12/28/2025	7/3/2024		2,263		2,330
	1,034	7939006, 4.58%, 12/28/2025	7/3/2024		993		1,000
	664	7939077, 4.89%, 12/28/2025	7/3/2024		645		644
	943	7939181, 4.59%, 12/28/2025	7/3/2024		917		912
	25,461	7939559, 5.15%, 12/28/2025	7/3/2024		24,807		24,381
	71	7939853, 5.95%, 12/28/2025	7/3/2024		65		70
	10,629	7939869, 4.59%, 12/28/2025	7/3/2024		10,293		10,364
	4,214	7940028, 6.25%, 12/28/2025	7/3/2024		4,139		4,109
	2,627	7940168, 4.90%, 12/28/2025	7/3/2024		2,569		2,449
	2,166	7940178, 6.25%, 12/28/2025	7/3/2024		2,134		2,102
	2,920	7940224, 5.95%, 12/28/2025	7/3/2024		2,881		2,586
	1,729	7940251, 4.58%, 12/28/2025	7/3/2024		1,676		1,685
	1,631	7940562, 4.59%, 12/28/2025	7/3/2024		1,575		1,600
	2,712	7940584, 4.57%, 12/28/2025	7/3/2024		2,709		2,256
	480	7940621, 4.54%, 12/28/2025	7/3/2024		480		417
	1,280	7940637, 5.94%, 12/28/2025	7/3/2024		1,267		998
	1,984	7940871, 4.58%, 12/28/2025	7/3/2024		1,922		1,941
	4,468	7940889, 4.90%, 12/28/2025	7/3/2024		4,302		4,396
	4,016	7941003, 4.90%, 12/28/2025	7/3/2024		3,903		3,878
	8,012	7941061, 5.33%, 12/28/2025	7/3/2024		7,753		7,822
	7,689	7941196, 5.51%, 12/28/2025	7/3/2024		7,496		7,444
	1,582	7941280, 4.90%, 12/28/2025	7/3/2024		1,502		1,562
	2,824	7941292, 5.95%, 12/28/2025	7/3/2024		2,776		2,685
	1,853	7941336, 4.91%, 12/28/2025	7/3/2024		1,782		1,824
	2,576	7941362, 4.56%, 12/28/2025	7/3/2024		2,573		2,461

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 125

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	549	7941406, 6.26%, 12/28/2025	7/3/2024		544		$	513
	19,390	7941414, 4.59%, 12/28/2025	7/3/2024		18,933			17,153
	–	7941593, 5.32%, 12/28/2025	7/3/2024		(346	)		–
	1,350	7941646, 5.15%, 12/28/2025	7/3/2024		1,273			1,334
	6,016	7941707, 4.59%, 12/28/2025	7/3/2024		5,859			5,753
	2,861	7941769, 4.59%, 12/28/2025	7/3/2024		2,736			2,820
	2,776	7941849, 5.15%, 12/28/2025	7/5/2024		2,726			2,057
	2,071	7941949, 4.59%, 12/29/2025	7/5/2024		2,012			1,986
	4,246	7941965, 5.95%, 12/29/2025	7/5/2024		4,198			3,376
	1,766	7942051, 4.90%, 12/29/2025	7/5/2024		1,695			1,737
	1,183	7942075, 4.58%, 12/29/2025	7/5/2024		1,140			1,161
	2,684	7942091, 4.59%, 12/29/2025	7/5/2024		2,585			2,633
	6,384	7942132, 4.59%, 12/29/2025	7/5/2024		6,159			6,260
	713	7942205, 5.71%, 12/29/2025	7/5/2024		692			691
	9,332	7942213, 4.59%, 12/29/2025	7/5/2024		8,992			9,170
	3,931	7942335, 4.59%, 12/29/2025	7/5/2024		3,810			3,830
	2,708	7942383, 4.59%, 12/29/2025	7/5/2024		2,596			2,665
	583	7942432, 5.70%, 12/29/2025	7/5/2024		550			576
	1,758	7942457, 6.06%, 12/29/2025	7/5/2024		1,727			1,607
	7,426	7942484, 5.15%, 12/29/2025	7/5/2024		7,248			6,996
	6,359	7942566, 4.59%, 12/29/2025	7/5/2024		6,149			6,198
	2,524	7942667, 4.59%, 12/29/2025	7/5/2024		2,450			2,447
	1,595	7942690, 4.90%, 12/29/2025	7/5/2024		1,548			1,549
	1,124	7942797, 6.07%, 12/29/2025	7/5/2024		1,068			1,106
	3,437	7942842, 4.58%, 12/30/2025	7/5/2024		3,328			3,363
	843	7942877, 5.70%, 12/30/2025	7/5/2024		820			816
	3,556	7942888, 5.32%, 12/30/2025	7/5/2024		3,441			3,304
	–	7942930, 5.69%, 12/30/2025	7/5/2024		(54	)		(31	)
	3,961	7942971, 6.06%, 12/30/2025	7/5/2024		3,897			3,809
	4,445	7943067, 4.89%, 12/30/2025	7/5/2024		4,333			3,992
	7,536	7943108, 4.89%, 12/30/2025	7/5/2024		7,271			7,384
	6,924	7943218, 4.58%, 12/30/2025	7/5/2024		6,725			6,701
	1,924	7943369, 5.33%, 12/30/2025	7/5/2024		1,851			1,888
	2,715	7943416, 5.94%, 12/30/2025	7/5/2024		2,668			2,561
	777	7943445, 5.49%, 12/30/2025	7/5/2024		761			715
	1,860	7943456, 5.94%, 12/30/2025	7/5/2024		1,831			1,712
	3,920	7943475, 5.14%, 12/30/2025	7/5/2024		3,627			3,882
	802	7943596, 4.55%, 12/30/2025	7/5/2024		801			738
	1,531	7943643, 5.93%, 12/30/2025	7/5/2024		1,516			929
	3,748	7943651, 4.58%, 12/30/2025	7/5/2024		3,627			3,664
	2,579	7943996, 4.56%, 1/1/2026	7/5/2024		2,476			2,538
	706	7944032, 5.29%, 1/1/2026	7/5/2024		683			689
	6,532	7944042, 4.57%, 1/1/2026	7/5/2024		6,327			6,384
	13,011	7944113, 4.56%, 1/1/2026	7/5/2024		12,489			12,797
	606	7944680, 5.90%, 1/1/2026	7/5/2024		602			377

See Notes to Financial Statements.

126 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	1,968	7944722, 4.57%, 1/1/2026	7/5/2024		1,893		$	1,934
	3,285	7944900, 5.48%, 1/1/2026	7/5/2024		3,200			3,181
	4,102	7944973, 4.56%, 1/1/2026	7/5/2024		3,895			4,055
	475	7945110, 4.88%, 1/1/2026	7/5/2024		442			471
	5,665	7945192, 4.56%, 1/1/2026	7/5/2024		5,472			5,545
	21,263	7945297, 4.56%, 1/1/2026	7/5/2024		20,587			20,789
	2,942	7945603, 4.57%, 1/1/2026	7/5/2024		2,834			2,891
	2,960	7945651, 5.91%, 1/1/2026(g)	7/5/2024		2,952			27
	6,727	7945672, 4.87%, 1/1/2026	7/5/2024		6,557			6,397
	3,769	7945872, 4.87%, 1/1/2026	7/5/2024		3,648			3,682
	1,024	7945912, 5.91%, 1/1/2026	7/5/2024		1,009			911
	1,824	7945916, 5.92%, 1/1/2026	7/5/2024		1,793			1,736
	1,931	7945971, 4.87%, 1/1/2026	7/5/2024		1,864			1,891
	3,748	7945998, 5.30%, 1/1/2026	7/5/2024		3,597			3,683
	2,643	7946048, 5.11%, 1/1/2026	7/5/2024		2,574			2,535
	29,880	7946083, 4.87%, 1/1/2026	7/5/2024		29,079			28,542
	7,545	7946613, 5.48%, 1/1/2026	7/5/2024		7,074			7,451
	10,979	7946988, 4.57%, 1/1/2026	7/5/2024		10,543			10,807
	2,984	7947137, 4.57%, 1/1/2026	7/5/2024		2,854			2,941
	26,555	7947195, 4.56%, 1/1/2026	7/5/2024		25,803			25,651
	5,366	7947564, 4.56%, 1/1/2026	7/5/2024		5,019			5,318
	8,050	7949375, 4.57%, 1/2/2026	7/8/2024		7,802			7,840
	3,192	7949532, 4.58%, 1/2/2026	7/8/2024		3,090			3,004
	8,532	7949585, 4.57%, 1/2/2026	7/8/2024		8,266			8,307
	2,003	7949722, 5.31%, 1/2/2026	7/8/2024		1,959			1,807
	4,463	7949771, 4.57%, 1/2/2026	7/8/2024		4,314			4,372
	4,245	7949829, 5.92%, 1/2/2026	7/8/2024		4,199			4,060
	2,607	7949961, 4.55%, 1/2/2026	7/8/2024		2,597			249
	7,376	7949991, 4.57%, 1/2/2026	7/8/2024		7,140			7,143
	2,741	7950127, 4.89%, 1/2/2026	7/8/2024		2,664			2,622
	7,651	7950480, 4.57%, 1/2/2026	7/8/2024		7,464			6,801
	1,006	7950565, 4.57%, 1/2/2026	7/8/2024		964			990
	3,347	7950772, 5.13%, 1/2/2026	7/8/2024		3,224			3,282
	–	7950864, 6.04%, 1/2/2026	7/8/2024		(496	)		–
	1,964	7950919, 4.54%, 1/2/2026	7/8/2024		1,949			1,881
	4,355	7950988, 5.31%, 1/2/2026	7/8/2024		4,266			3,360
	11,745	7951026, 5.92%, 1/2/2026	7/8/2024		11,625			6,748
	15,883	7951128, 4.57%, 1/2/2026	7/8/2024		15,318			15,587
	5,721	7951325, 5.31%, 1/2/2026	7/8/2024		5,307			5,668
	18,113	7951534, 4.88%, 1/2/2026	7/8/2024		17,730			14,894
	6,179	7951618, 5.13%, 1/2/2026	7/8/2024		5,927			6,069
	9,993	7951681, 5.68%, 1/2/2026	7/8/2024		9,823			8,517
	1,761	7951744, 5.68%, 1/2/2026	7/8/2024		1,580			1,749
	2,209	7951853, 4.88%, 1/2/2026	7/8/2024		2,138			2,144
	2,764	7951875, 4.88%, 1/2/2026	7/8/2024		2,644			2,724

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 127

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,165	7951905, 4.88%, 1/2/2026	7/8/2024		2,094	$	2,104
	6,496	7951915, 5.92%, 1/2/2026	7/8/2024		6,369		6,202
	14,005	7951989, 5.13%, 1/2/2026	7/8/2024		13,533		13,618
	16,176	7952153, 5.68%, 1/2/2026	7/8/2024		15,760		15,676
	4,845	7952410, 4.57%, 1/2/2026	7/8/2024		4,696		4,714
	2,329	7952443, 6.04%, 1/2/2026	7/8/2024		2,311		1,243
	3,983	7952456, 5.13%, 1/2/2026	7/8/2024		3,887		3,651
	2,437	7952484, 6.05%, 1/2/2026	7/8/2024		2,380		2,342
	1,135	7952531, 4.53%, 1/2/2026	7/8/2024		1,134		698
	13,944	7952591, 5.68%, 1/2/2026	7/8/2024		13,719		11,868
	2,054	7952721, 5.31%, 1/2/2026	7/8/2024		1,953		2,024
	5,405	7952823, 4.57%, 1/2/2026	7/8/2024		5,231		5,284
	3,708	7952947, 5.13%, 1/2/2026	7/8/2024		3,624		2,989
	9,586	7953005, 4.57%, 1/2/2026	7/8/2024		9,308		9,278
	3,076	7955130, 5.33%, 1/3/2026	7/9/2024		2,958		3,016
	1,986	7955231, 4.58%, 1/3/2026	7/9/2024		1,919		1,942
	5,601	7955264, 4.90%, 1/3/2026	7/9/2024		5,423		5,442
	1,931	7955363, 4.59%, 1/3/2026	7/9/2024		1,843		1,902
	3,267	7955564, 4.59%, 1/3/2026	7/9/2024		3,170		3,158
	7,456	7955898, 5.70%, 1/3/2026	7/9/2024		7,354		5,025
	1,464	7955969, 4.89%, 1/3/2026	7/9/2024		1,425		1,396
	1,151	7956107, 4.60%, 1/3/2026	7/9/2024		1,117		1,115
	2,936	7956131, 5.94%, 1/3/2026	7/9/2024		2,835		2,870
	2,101	7956270, 6.06%, 1/3/2026	7/9/2024		2,068		1,989
	5,016	7956347, 4.59%, 1/3/2026	7/9/2024		4,852		4,904
	11,103	7956433, 4.59%, 1/3/2026	7/9/2024		10,754		10,757
	3,498	7956620, 5.70%, 1/3/2026	7/9/2024		3,453		2,313
	8,775	7956647, 4.90%, 1/3/2026	7/9/2024		8,573		7,270
	744	7956782, 5.70%, 1/3/2026	7/9/2024		731		676
	17,822	7956799, 4.90%, 1/3/2026	7/9/2024		17,191		17,421
	2,303	7957638, 4.59%, 1/3/2026	7/9/2024		2,215		2,262
	1,896	7957678, 6.24%, 1/3/2026	7/9/2024		1,884		958
	13,940	7957695, 5.70%, 1/3/2026	7/9/2024		13,696		12,730
	13,280	7957859, 5.15%, 1/3/2026	7/9/2024		12,758		13,025
	794	7958020, 4.56%, 1/3/2026	7/9/2024		792		771
	4,267	7958046, 4.59%, 1/3/2026	7/9/2024		4,134		4,156
	6,575	7958080, 5.15%, 1/3/2026	7/9/2024		6,087		6,503
	3,456	7958213, 4.56%, 1/3/2026	7/9/2024		3,454		2,166
	3,338	7958249, 5.15%, 1/3/2026	7/9/2024		3,198		3,277
	1,289	7958330, 5.32%, 1/3/2026	7/9/2024		1,262		1,162
	8,763	7958334, 4.59%, 1/3/2026	7/9/2024		8,450		8,595
	3,189	7958558, 4.59%, 1/3/2026	7/9/2024		3,064		3,130
	1,115	7958604, 5.13%, 1/3/2026	7/9/2024		1,090		1,013
	3,666	7958611, 4.59%, 1/3/2026	7/9/2024		3,538		3,587
	834	7958666, 5.34%, 1/3/2026	7/9/2024		803		816

See Notes to Financial Statements.

128 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	617	7958718, 5.94%, 1/3/2026	7/9/2024		607		$	570
	1,473	7958731, 6.06%, 1/3/2026	7/9/2024		1,454			1,337
	1,438	7958824, 5.14%, 1/3/2026	7/9/2024		1,407			1,093
	4,631	7958838, 6.07%, 1/4/2026	7/10/2024		4,592			2,449
	4,446	7958886, 5.15%, 1/4/2026	7/10/2024		4,200			4,382
	2,171	7958969, 4.58%, 1/4/2026	7/10/2024		2,079			2,137
	723	7958996, 4.59%, 1/4/2026	7/10/2024		695			711
	3,280	7959001, 5.51%, 1/4/2026	7/10/2024		3,156			3,211
	260	7959041, 5.94%, 1/4/2026	7/10/2024		243			257
	4,848	7959055, 5.15%, 1/4/2026	7/10/2024		4,732			4,443
	967	7959164, 5.70%, 1/4/2026	7/10/2024		956			605
	1,872	7959173, 5.14%, 1/4/2026	7/10/2024		1,806			1,825
	1,411	7959191, 4.56%, 1/4/2026	7/10/2024		1,409			1,331
	1,401	7959206, 5.52%, 1/4/2026	7/10/2024		1,370			1,290
	1,836	7959218, 4.59%, 1/4/2026	7/10/2024		1,777			1,789
	2,031	7959230, 4.90%, 1/4/2026	7/10/2024		1,955			1,991
	705	7959258, 5.70%, 1/4/2026	7/10/2024		683			688
	1,884	7959264, 5.14%, 1/4/2026	7/10/2024		1,803			1,853
	2,004	7959287, 5.33%, 1/4/2026	7/10/2024		1,956			1,865
	49,224	7959316, 4.59%, 1/4/2026	7/10/2024		47,647			47,903
	3,241	7959650, 4.59%, 1/4/2026	7/10/2024		3,142			3,139
	2,501	7959655, 5.33%, 1/4/2026	7/10/2024		2,392			2,456
	10,129	7959670, 5.33%, 1/4/2026	7/10/2024		9,783			9,876
	400	7959804, 5.22%, 1/4/2026	7/10/2024		399			375
	627	7959815, 4.88%, 1/4/2026	7/10/2024		598			619
	–	7959826, 4.56%, 1/4/2026	7/10/2024		(2	)		(18	)
	8,627	7959840, 4.89%, 1/5/2026	7/10/2024		8,412			8,038
	1,124	7960114, 5.14%, 1/5/2026	7/10/2024		1,071			1,107
	1,155	7960198, 4.58%, 1/5/2026	7/10/2024		1,096			1,142
	5,999	7960238, 5.69%, 1/5/2026	7/10/2024		5,829			5,819
	7,941	7960500, 4.58%, 1/5/2026	7/10/2024		7,695			7,731
	432	7960681, 4.57%, 1/5/2026	7/10/2024		430			350
	44	7960709, 4.52%, 1/5/2026	7/10/2024		44			43
	35,445	7960923, 4.58%, 1/5/2026	7/10/2024		34,552			31,463
	28,526	7961222, 4.58%, 1/5/2026	7/10/2024		27,713			27,353
	2,201	7961575, 5.13%, 1/5/2026	7/10/2024		2,134			2,125
	6,147	7961606, 5.32%, 1/5/2026	7/10/2024		5,897			6,012
	2,184	7961724, 5.14%, 1/5/2026	7/10/2024		2,065			2,149
	9,522	7961751, 5.32%, 1/5/2026	7/10/2024		9,110			9,362
	4,193	7962019, 5.13%, 1/5/2026	7/10/2024		4,103			3,182
	50,050	7962075, 5.32%, 1/5/2026(g)	7/10/2024		49,267			15,028
	6,187	7962400, 4.58%, 1/5/2026	7/10/2024		5,975			6,051
	9,203	7962470, 4.89%, 1/5/2026	7/10/2024		8,758			9,082
	11,944	7962781, 4.58%, 1/5/2026	7/10/2024		11,577			11,560
	3,142	7962977, 6.06%, 1/5/2026	7/10/2024		3,092			2,978

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 129

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	4,235	7963074, 4.58%, 1/5/2026	7/10/2024		4,077	$	4,154
	647	7963161, 5.50%, 1/5/2026	7/10/2024		612		638
	6,143	7963171, 4.58%, 1/6/2026	7/11/2024		5,884		6,039
	1,130	7963377, 5.13%, 1/6/2026	7/11/2024		1,080		1,112
	6,452	7963730, 4.58%, 1/6/2026	7/11/2024		6,052		6,386
	9,095	7963920, 4.89%, 1/6/2026	7/11/2024		8,849		8,678
	2,949	7964014, 5.51%, 1/6/2026	7/11/2024		2,899		968
	5,067	7964046, 4.58%, 1/6/2026	7/11/2024		4,927		4,848
	5,390	7964111, 4.58%, 1/6/2026	7/11/2024		5,275		2,541
	2,505	7964185, 5.31%, 1/7/2026	7/11/2024		2,385		2,466
	2,004	7964238, 6.04%, 1/7/2026	7/11/2024		1,977		1,815
	10,200	7964343, 4.88%, 1/7/2026	7/11/2024		9,845		9,963
	910	7964691, 5.92%, 1/7/2026	7/11/2024		896		817
	2,307	7964699, 4.54%, 1/7/2026	7/11/2024		2,303		2,212
	4,122	7964754, 4.57%, 1/7/2026	7/11/2024		3,986		4,029
	1,671	7964807, 5.30%, 1/7/2026	7/11/2024		1,623		1,607
	695	7964832, 5.48%, 1/7/2026	7/11/2024		679		660
	4,013	7964846, 4.57%, 1/7/2026	7/11/2024		3,848		3,944
	1,194	7964906, 4.54%, 1/7/2026(g)	7/11/2024		1,193		782
	161	7964928, 5.96%, 1/7/2026	7/11/2024		159		158
	1,751	7964934, 5.50%, 1/7/2026	7/11/2024		1,712		1,620
	353	7964975, 6.20%, 1/8/2026	7/11/2024		343		347
	2,581	7965239, 5.91%, 1/8/2026	7/11/2024		2,555		542
	1,225	7965331, 4.56%, 1/8/2026	7/11/2024		1,198		617
	889	7965348, 5.65%, 1/8/2026	7/11/2024		870		843
	1,153	7965424, 4.58%, 1/8/2026	7/11/2024		1,107		1,132
	2,834	7965535, 4.57%, 1/8/2026	7/11/2024		2,752		2,736
	1,126	7965639, 5.12%, 1/8/2026	7/11/2024		1,093		1,087
	869	7965686, 4.86%, 1/8/2026	7/11/2024		836		852
	2,530	7965717, 5.11%, 1/8/2026	7/11/2024		2,476		1,921
	7,505	7965959, 4.56%, 1/8/2026	7/11/2024		7,326		6,612
	10,426	7966094, 4.56%, 1/8/2026	7/11/2024		10,118		10,073
	1,041	7966248, 5.13%, 1/8/2026	7/11/2024		1,009		1,005
	1,524	7966312, 4.55%, 1/8/2026	7/11/2024		1,524		151
	177	7966321, 5.92%, 1/8/2026	7/11/2024		169		175
	3,306	7966358, 5.48%, 1/8/2026	7/11/2024		3,223		3,161
	1,147	7966393, 5.12%, 1/8/2026	7/11/2024		1,085		1,130
	21,070	7966414, 5.12%, 1/8/2026	7/11/2024		20,282		20,589
	2,357	7966881, 5.91%, 1/8/2026	7/11/2024		2,326		1,914
	1,627	7966920, 4.56%, 1/8/2026	7/11/2024		1,571		1,593
	5,239	7966945, 5.67%, 1/8/2026	7/11/2024		5,170		3,409
	1,815	7967026, 5.91%, 1/8/2026	7/11/2024		1,790		1,464
	23,304	7967098, 5.67%, 1/8/2026	7/11/2024		22,816		21,838
	4,736	7967514, 5.11%, 1/8/2026	7/11/2024		4,625		4,333
	9,862	7967571, 4.56%, 1/8/2026	7/11/2024		9,537		9,630

See Notes to Financial Statements.

130 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,901	7967801, 5.11%, 1/8/2026	7/11/2024		1,866	$	1,386
	2,519	7967839, 4.56%, 1/8/2026	7/11/2024		2,448		2,414
	10,454	7967890, 4.56%, 1/8/2026	7/11/2024		10,154		10,033
	5,899	7968018, 4.56%, 1/8/2026	7/11/2024		5,706		5,739
	5,447	7968110, 4.87%, 1/8/2026	7/11/2024		5,214		5,362
	4,402	7968304, 5.67%, 1/8/2026	7/11/2024		4,303		4,184
	4,631	7968355, 5.30%, 1/8/2026	7/11/2024		4,506		4,431
	851	7968467, 6.05%, 1/8/2026	7/11/2024		838		790
	1,383	7968495, 4.87%, 1/8/2026	7/11/2024		1,314		1,364
	1,895	7968547, 4.57%, 1/8/2026	7/11/2024		1,805		1,870
	8,259	7968616, 4.87%, 1/9/2026	7/12/2024		7,943		8,124
	1,367	7968944, 5.67%, 1/9/2026	7/12/2024		1,294		1,348
	3,183	7969027, 5.12%, 1/9/2026	7/12/2024		3,061		3,109
	4,648	7969130, 4.56%, 1/9/2026	7/12/2024		4,527		4,139
	3,280	7969261, 4.56%, 1/9/2026	7/12/2024		3,165		3,213
	1,201	7969363, 5.67%, 1/9/2026	7/12/2024		1,182		819
	14,234	7969423, 4.87%, 1/9/2026	7/12/2024		13,929		11,670
	5,887	7969646, 4.87%, 1/9/2026	7/12/2024		5,670		5,769
	3,282	7969720, 4.56%, 1/9/2026	7/12/2024		3,163		3,220
	8,459	7969756, 5.30%, 1/9/2026	7/12/2024		8,118		8,297
	10,920	7969888, 5.91%, 1/9/2026	7/12/2024		10,756		9,725
	1,511	7970052, 5.20%, 1/9/2026	7/12/2024		1,508		1,151
	1,385	7970062, 6.03%, 1/9/2026	7/12/2024		1,343		1,349
	1,863	7970093, 5.91%, 1/9/2026	7/12/2024		1,839		1,194
	2,626	7970113, 4.88%, 1/9/2026	7/12/2024		2,558		2,458
	33,276	7970135, 5.91%, 1/9/2026	7/12/2024		32,804		27,121
	40,294	7970449, 4.56%, 1/9/2026	7/12/2024		38,965		39,334
	2,534	7970789, 4.53%, 1/9/2026	7/12/2024		2,532		1,671
	971	7970979, 5.12%, 1/9/2026	7/12/2024		901		962
	6,033	7971009, 4.56%, 1/9/2026	7/12/2024		5,793		5,931
	8,739	7971087, 4.56%, 1/9/2026	7/12/2024		8,487		8,381
	638	7971187, 5.66%, 1/9/2026	7/12/2024		616		623
	1,144	7971190, 4.56%, 1/9/2026	7/12/2024		1,105		1,120
	1,947	7971200, 5.91%, 1/9/2026	7/12/2024		1,873		1,907
	5,141	7971236, 4.57%, 1/9/2026	7/12/2024		4,969		5,015
	9,545	7971316, 4.87%, 1/9/2026	7/12/2024		9,266		9,202
	16,663	7971435, 5.30%, 1/9/2026	7/12/2024		16,036		16,305
	6,522	7971667, 4.87%, 1/9/2026	7/12/2024		6,258		6,412
	635	7971732, 4.87%, 1/9/2026	7/12/2024		587		630
	19,122	7971774, 5.67%, 1/9/2026	7/12/2024		18,776		17,379
	7,190	7971986, 4.56%, 1/10/2026	7/15/2024		6,965		6,960
	1,321	7972118, 4.87%, 1/10/2026	7/15/2024		1,285		1,238
	3,757	7972136, 4.57%, 1/10/2026	7/15/2024		3,620		3,679
	1,336	7972200, 5.12%, 1/10/2026	7/15/2024		1,294		1,291
	1,972	7972216, 5.12%, 1/10/2026	7/15/2024		1,906		1,905

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 131

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	851	7972292, 6.22%, 1/10/2026	7/15/2024		837		$	800
	2,517	7972453, 4.57%, 1/10/2026	7/15/2024		2,449			2,248
	3,132	7972492, 4.56%, 1/10/2026	7/15/2024		3,029			3,045
	4,266	7972552, 4.87%, 1/10/2026	7/15/2024		4,108			4,167
	6,956	7972668, 4.56%, 1/10/2026	7/15/2024		6,752			6,680
	202	7972778, 4.55%, 1/10/2026	7/15/2024		201			191
	997	7972805, 5.65%, 1/10/2026	7/15/2024		978			907
	1,274	7972856, 5.49%, 1/10/2026	7/15/2024		1,198			1,255
	2,929	7972930, 4.56%, 1/10/2026	7/15/2024		2,832			2,857
	12,878	7972991, 4.87%, 1/10/2026	7/15/2024		11,933			12,751
	1,271	7973320, 5.48%, 1/10/2026	7/15/2024		1,213			1,248
	1,563	7973328, 4.87%, 1/10/2026	7/15/2024		1,527			1,298
	7,942	7973341, 5.91%, 1/10/2026(g)	7/15/2024		7,838			4,085
	3,130	7973356, 5.91%, 1/10/2026	7/15/2024		3,057			2,957
	37,291	7973389, 5.30%, 1/10/2026	7/15/2024		36,407			33,641
	10,973	7973597, 4.56%, 1/10/2026	7/15/2024		10,677			10,484
	2,410	7973651, 4.54%, 1/10/2026	7/15/2024		2,409			840
	11,667	7973676, 5.12%, 1/10/2026	7/15/2024		11,295			11,257
	6,841	7973779, 4.56%, 1/10/2026	7/15/2024		6,604			6,686
	9,701	7973888, 4.87%, 1/10/2026	7/15/2024		8,981			9,625
	4,130	7974140, 4.56%, 1/10/2026	7/15/2024		4,009			3,953
	3,056	7974194, 4.87%, 1/10/2026	7/15/2024		2,914			3,014
	894	7974578, 4.86%, 1/10/2026	7/15/2024		867			853
	15,953	7974585, 4.56%, 1/10/2026	7/15/2024		15,400			15,589
	6,991	7974691, 4.57%, 1/10/2026	7/15/2024		6,754			6,821
	3,551	7975077, 4.56%, 1/10/2026	7/15/2024		3,459			3,160
	2,559	7977171, 4.89%, 1/11/2026	7/16/2024		2,480			2,469
	1,031	7977198, 4.53%, 1/11/2026	7/16/2024		1,030			358
	463	7977334, 6.25%, 1/11/2026	7/16/2024		448			455
	4,493	7977373, 4.89%, 1/11/2026	7/16/2024		4,343			4,359
	2,497	7977474, 4.54%, 1/11/2026	7/16/2024		2,496			277
	18,224	7977503, 4.58%, 1/11/2026	7/16/2024		17,585			17,796
	2,536	7977809, 5.14%, 1/11/2026	7/16/2024		2,453			2,449
	6,070	7977886, 5.94%, 1/11/2026	7/16/2024		5,931			5,740
	3,859	7978376, 4.58%, 1/11/2026	7/16/2024		3,717			3,786
	3,619	7978433, 4.58%, 1/11/2026	7/16/2024		3,487			3,542
	2,764	7978485, 5.33%, 1/11/2026	7/16/2024		2,689			2,635
	–	7978579, 5.50%, 1/11/2026	7/16/2024		(46	)		(20	)
	16,165	7978607, 5.32%, 1/11/2026	7/16/2024		15,595			15,719
	2,575	7978823, 5.69%, 1/11/2026	7/16/2024		2,499			2,493
	9,069	7978841, 4.89%, 1/11/2026	7/16/2024		8,825			8,493
	7,438	7978925, 5.32%, 1/11/2026	7/16/2024		7,129			7,282
	–	7979036, 5.93%, 1/11/2026	7/16/2024		(13	)		(33	)
	29,829	7979078, 5.14%, 1/11/2026	7/16/2024		28,774			28,978
	21,813	7979525, 5.69%, 1/11/2026	7/16/2024		21,156			21,119

See Notes to Financial Statements.

132 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	520	7979996, 5.23%, 1/11/2026	7/16/2024		516		$	505
	–	7980016, 5.32%, 1/11/2026	7/16/2024		(204	)		(50	)
	1,246	7980257, 5.15%, 1/11/2026	7/16/2024		1,212			1,172
	7,288	7980289, 4.89%, 1/11/2026	7/16/2024		7,035			7,103
	6,249	7980389, 5.14%, 1/11/2026	7/16/2024		6,001			6,118
	3,051	7980477, 5.93%, 1/11/2026	7/16/2024		3,019			2,884
	10,952	7980539, 4.89%, 1/11/2026	7/16/2024		10,651			10,432
	15,063	7980614, 4.89%, 1/11/2026	7/16/2024		14,600			14,525
	9,108	7980912, 4.58%, 1/12/2026	7/17/2024		8,820			8,806
	1,150	7981061, 5.70%, 1/12/2026	7/17/2024		1,128			989
	6,278	7981109, 5.69%, 1/12/2026	7/17/2024		6,184			4,162
	426	7981337, 4.57%, 1/12/2026	7/17/2024		425			378
	2,117	7981342, 4.58%, 1/12/2026	7/17/2024		2,034			2,080
	2,213	7981458, 5.50%, 1/12/2026	7/17/2024		2,164			1,947
	1,484	7981506, 4.90%, 1/12/2026	7/17/2024		1,433			1,446
	116	7981549, 5.70%, 1/12/2026	7/17/2024		107			116
	280	7981650, 5.50%, 1/12/2026	7/17/2024		258			277
	10,430	7981707, 4.89%, 1/12/2026	7/17/2024		10,057			10,171
	3,285	7981933, 5.32%, 1/12/2026	7/17/2024		3,170			3,194
	3,217	7982011, 5.69%, 1/12/2026	7/17/2024		3,124			3,112
	1,233	7982085, 5.50%, 1/12/2026	7/17/2024		1,194			1,171
	3,169	7982105, 5.23%, 1/12/2026	7/17/2024		3,160			2,449
	2,215	7982147, 5.93%, 1/12/2026	7/17/2024		2,164			2,087
	5,767	7982163, 5.50%, 1/12/2026	7/17/2024		5,385			5,698
	6,348	7982311, 4.58%, 1/12/2026	7/17/2024		6,150			6,139
	1,597	7982387, 5.69%, 1/12/2026	7/17/2024		1,571			1,099
	2,805	7982400, 5.68%, 1/12/2026	7/17/2024		2,744			2,624
	8,069	7982445, 4.58%, 1/12/2026	7/17/2024		7,778			7,901
	1,153	7982552, 4.59%, 1/12/2026	7/17/2024		1,105			1,135
	1,927	7982577, 4.89%, 1/12/2026	7/17/2024		1,867			1,857
	3,178	7982666, 4.58%, 1/12/2026	7/17/2024		3,065			3,107
	4,444	7982747, 4.58%, 1/12/2026	7/17/2024		4,130			4,403
	4,956	7982948, 4.58%, 1/12/2026	7/17/2024		4,831			4,384
	201	7982982, 5.14%, 1/12/2026	7/17/2024		185			200
	5,699	7983199, 4.89%, 1/12/2026	7/17/2024		5,506			5,526
	1,290	7983277, 4.89%, 1/12/2026	7/17/2024		1,248			1,249
	1,275	7983297, 5.50%, 1/12/2026	7/17/2024		1,240			1,221
	44,391	7983358, 4.58%, 1/12/2026	7/17/2024		42,804			43,379
	3,863	7983848, 4.58%, 1/12/2026	7/17/2024		3,709			3,791
	1,702	7984090, 5.94%, 1/12/2026	7/18/2024		1,645			1,654
	1,158	7984147, 5.93%, 1/13/2026	7/18/2024		1,138			1,111
	2,438	7984178, 5.93%, 1/13/2026	7/18/2024		2,386			2,297
	2,099	7984259, 5.14%, 1/13/2026	7/18/2024		2,018			2,049
	2,652	7984271, 4.55%, 1/13/2026	7/18/2024		2,643			2,296
	953	7984333, 5.93%, 1/13/2026	7/18/2024		934			881

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 133

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	606	7984345, 5.52%, 1/13/2026	7/18/2024		567	$	599
	1,401	7984383, 5.68%, 1/13/2026	7/18/2024		1,368		1,312
	1,479	7984397, 5.95%, 1/13/2026	7/18/2024		1,471		971
	1,685	7984404, 5.69%, 1/13/2026	7/18/2024		1,633		1,632
	6,154	7984414, 5.69%, 1/13/2026	7/18/2024		6,012		5,763
	1,125	7984470, 5.31%, 1/13/2026	7/18/2024		1,097		792
	20,830	7984477, 4.58%, 1/13/2026	7/18/2024		20,051		20,392
	15,614	7984683, 5.69%, 1/13/2026	7/18/2024		15,334		13,236
	1,181	7984809, 5.69%, 1/13/2026	7/18/2024		1,154		1,107
	6,736	7984944, 4.58%, 1/13/2026	7/18/2024		6,494		6,583
	8,418	7985000, 5.31%, 1/14/2026	7/18/2024		8,076		8,225
	14,409	7985083, 4.57%, 1/14/2026	7/18/2024		13,816		14,117
	24,557	7985232, 4.88%, 1/14/2026	7/18/2024		23,793		23,640
	4,341	7985452, 5.93%, 1/14/2026	7/18/2024		4,276		2,795
	316	7985482, 5.20%, 1/14/2026	7/18/2024		315		298
	2,829	7985498, 5.13%, 1/14/2026	7/18/2024		2,711		2,769
	21,577	7985527, 5.13%, 1/14/2026	7/18/2024		20,978		20,298
	7,492	7985709, 5.31%, 1/14/2026	7/18/2024		7,283		7,136
	11,266	7985770, 5.31%, 1/14/2026	7/18/2024		10,843		10,958
	1,027	7986109, 4.86%, 1/15/2026	7/18/2024		996		989
	702	7986129, 5.90%, 1/15/2026	7/18/2024		686		668
	440	7986137, 4.55%, 1/15/2026	7/18/2024		439		418
	1,741	7986143, 5.90%, 1/15/2026	7/18/2024		1,729		1,387
	1,478	7986215, 5.91%, 1/15/2026	7/18/2024		1,428		1,440
	4,556	7986687, 4.57%, 1/15/2026	7/18/2024		4,447		2,295
	509	7986766, 4.56%, 1/15/2026	7/18/2024		508		345
	1,988	7986783, 5.91%, 1/15/2026	7/18/2024		1,977		1,345
	7,585	7986892, 4.57%, 1/15/2026	7/18/2024		7,310		7,408
	2,537	7986972, 4.53%, 1/15/2026	7/18/2024		2,535		872
	1,939	7986991, 5.66%, 1/15/2026	7/18/2024		1,899		1,773
	2,796	7987034, 4.56%, 1/15/2026	7/18/2024		2,701		2,730
	5,975	7987122, 4.56%, 1/15/2026	7/18/2024		5,801		5,720
	2,459	7987195, 5.49%, 1/15/2026	7/18/2024		2,341		2,416
	929	7987251, 4.55%, 1/15/2026	7/18/2024		928		794
	2,417	7987261, 4.57%, 1/15/2026	7/18/2024		2,335		2,350
	1,996	7987359, 5.67%, 1/15/2026(g)	7/18/2024		1,963		725
	164	7987390, 4.54%, 1/15/2026	7/18/2024		162		159
	8,057	7987430, 4.56%, 1/15/2026	7/18/2024		7,724		7,918
	4,316	7987514, 4.56%, 1/15/2026	7/18/2024		4,162		4,218
	38,473	7987558, 5.12%, 1/15/2026	7/18/2024		37,133		37,300
	11,457	7987998, 4.56%, 1/15/2026	7/18/2024		10,808		11,322
	11,045	7988169, 5.67%, 1/15/2026	7/18/2024		10,725		10,673
	32,009	7988272, 5.30%, 1/15/2026	7/18/2024		31,073		30,747
	1,404	7988617, 5.12%, 1/15/2026	7/18/2024		1,354		1,363
	37	7988646, 4.86%, 1/15/2026	7/18/2024		35		37

See Notes to Financial Statements.

134 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	25,805	7988661, 4.87%, 1/15/2026	7/18/2024		24,826	$	25,256
	2,985	7988942, 6.03%, 1/15/2026	7/18/2024		2,901		2,906
	10,804	7988998, 4.87%, 1/15/2026	7/18/2024		10,443		10,478
	11,907	7989081, 4.57%, 1/15/2026	7/18/2024		11,476		11,625
	12,279	7989285, 4.56%, 1/15/2026	7/18/2024		11,786		12,060
	1,452	7989434, 4.56%, 1/15/2026	7/18/2024		1,399		1,420
	2,362	7989462, 6.03%, 1/15/2026	7/18/2024		2,290		2,303
	1,978	7989507, 4.54%, 1/15/2026	7/18/2024		1,974		1,844
	3,142	7989689, 4.56%, 1/16/2026	7/19/2024		3,035		3,066
	3,050	7989792, 4.56%, 1/16/2026	7/19/2024		2,935		2,986
	2,719	7989831, 4.57%, 1/16/2026	7/19/2024		2,621		2,657
	11,213	7989870, 4.57%, 1/16/2026	7/19/2024		10,794		10,936
	5,520	7990060, 5.30%, 1/16/2026	7/19/2024		5,393		4,972
	3,219	7990142, 6.03%, 1/16/2026	7/19/2024		3,154		2,980
	2,711	7990225, 5.91%, 1/16/2026	7/19/2024		2,615		2,629
	842	7990312, 5.32%, 1/16/2026	7/19/2024		817		809
	7,414	7990323, 4.57%, 1/16/2026	7/19/2024		7,183		7,151
	5,279	7990450, 4.87%, 1/16/2026	7/19/2024		5,099		5,118
	1,636	7990617, 4.88%, 1/16/2026	7/19/2024		1,585		1,574
	1,351	7990659, 5.91%, 1/16/2026	7/19/2024		1,327		1,301
	6,781	7990697, 5.91%, 1/16/2026	7/19/2024		6,677		6,506
	5,583	7990905, 5.12%, 1/16/2026	7/19/2024		5,377		5,421
	14,291	7991011, 4.56%, 1/16/2026	7/19/2024		13,829		13,810
	15,030	7991172, 4.87%, 1/16/2026	7/19/2024		14,440		14,717
	5,509	7991347, 5.21%, 1/16/2026	7/19/2024		5,484		5,123
	2,951	7991424, 5.91%, 1/16/2026	7/19/2024		2,907		1,908
	46,522	7991465, 5.12%, 1/16/2026	7/19/2024		45,348		42,420
	3,940	7991699, 5.67%, 1/16/2026	7/19/2024		3,816		3,817
	2,384	7991809, 4.87%, 1/16/2026	7/19/2024		2,304		2,312
	14,452	7991838, 4.87%, 1/16/2026	7/19/2024		13,831		14,199
	1,360	7992018, 5.12%, 1/16/2026	7/19/2024		1,323		1,278
	2,167	7992037, 4.57%, 1/16/2026	7/19/2024		2,069		2,132
	1,545	7992116, 5.47%, 1/16/2026	7/19/2024		1,498		1,490
	3,115	7992132, 4.56%, 1/16/2026	7/19/2024		3,002		3,048
	1,663	7992170, 4.88%, 1/16/2026	7/19/2024		1,560		1,645
	2,893	7992246, 4.56%, 1/16/2026	7/19/2024		2,788		2,832
	2,488	7992302, 5.92%, 1/16/2026	7/19/2024		2,476		425
	14,110	7992324, 4.56%, 1/16/2026	7/19/2024		13,509		13,880
	4,822	7992477, 5.67%, 1/16/2026	7/19/2024		4,624		4,731
	48,950	7992508, 4.87%, 1/16/2026	7/19/2024		47,174		47,744
	20,908	7993100, 5.12%, 1/16/2026	7/19/2024		20,107		20,390
	5,743	7993224, 4.56%, 1/17/2026	7/22/2024		5,529		5,620
	1,327	7993389, 4.86%, 1/17/2026	7/22/2024		1,280		1,279
	1,289	7993423, 6.02%, 1/17/2026	7/22/2024		1,255		1,233
	2,324	7993499, 4.87%, 1/17/2026	7/22/2024		2,239		2,267

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 135

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,285	7993544, 4.56%, 1/17/2026	7/22/2024		2,196	$	2,240
	1,283	7993586, 5.92%, 1/17/2026	7/22/2024		1,234		1,254
	5,182	7993641, 5.12%, 1/17/2026	7/22/2024		4,983		5,046
	2,807	7993789, 4.57%, 1/17/2026	7/22/2024		2,689		2,755
	1,310	7993926, 4.87%, 1/17/2026	7/22/2024		1,274		1,219
	914	7993949, 5.31%, 1/17/2026	7/22/2024		883		883
	3,956	7993976, 5.92%, 1/17/2026	7/22/2024		3,901		2,475
	3,854	7994086, 4.53%, 1/17/2026(g)	7/22/2024		3,851		413
	1,475	7994145, 4.86%, 1/17/2026	7/22/2024		1,430		1,418
	2,663	7994159, 4.56%, 1/17/2026	7/22/2024		2,576		2,569
	1,674	7994194, 4.55%, 1/17/2026	7/22/2024		1,626		1,498
	10,942	7994253, 4.87%, 1/17/2026	7/22/2024		10,504		10,705
	7,777	7994410, 4.56%, 1/17/2026	7/22/2024		7,545		7,441
	1,516	7994501, 4.87%, 1/17/2026	7/22/2024		1,451		1,488
	1,016	7994536, 5.93%, 1/17/2026	7/22/2024		1,010		698
	31,015	7994555, 4.56%, 1/17/2026	7/22/2024		29,889		30,298
	15,853	7999429, 4.87%, 1/17/2026	7/22/2024		15,158		15,584
	18,003	7999623, 4.57%, 1/17/2026	7/22/2024		17,363		17,574
	6,238	7999909, 4.56%, 1/17/2026	7/22/2024		5,983		6,124
	1,350	7999992, 5.92%, 1/17/2026(g)	7/22/2024		1,344		219
	7,428	8000000, 5.12%, 1/17/2026	7/22/2024		7,262		5,620
	404	8000065, 4.54%, 1/17/2026	7/22/2024		399		392
	777	8000083, 6.04%, 1/17/2026	7/22/2024		700		765
	1,680	8000190, 5.91%, 1/17/2026	7/22/2024		1,638		1,647
	30,120	8000263, 5.30%, 1/17/2026	7/22/2024		29,582		20,503
	4,623	8000466, 5.30%, 1/17/2026	7/22/2024		4,410		4,546
	56,489	8000530, 5.12%, 1/17/2026	7/22/2024		54,890		51,848
	1,364	8002736, 4.58%, 1/18/2026	7/23/2024		1,315		1,333
	1,536	8002878, 4.90%, 1/18/2026	7/23/2024		1,484		1,486
	735	8002910, 5.68%, 1/18/2026	7/23/2024		717		675
	2,773	8002929, 5.70%, 1/18/2026	7/23/2024		2,723		1,907
	11,696	8003016, 4.58%, 1/18/2026	7/23/2024		11,372		10,383
	1,342	8003196, 5.15%, 1/18/2026	7/23/2024		1,300		1,283
	3,606	8003216, 4.58%, 1/18/2026	7/23/2024		3,477		3,519
	13,639	8003296, 4.58%, 1/18/2026	7/23/2024		13,219		13,066
	10,052	8003534, 5.69%, 1/18/2026	7/23/2024		9,741		9,665
	1,046	8003792, 4.58%, 1/18/2026	7/23/2024		1,012		1,008
	5,411	8003808, 4.58%, 1/18/2026	7/23/2024		5,203		5,299
	4,450	8003965, 4.55%, 1/18/2026	7/23/2024		4,445		1,744
	4,753	8004001, 4.58%, 1/18/2026	7/23/2024		4,603		4,554
	207	8004076, 5.69%, 1/18/2026	7/23/2024		190		205
	2,276	8004087, 4.58%, 1/18/2026	7/23/2024		2,204		2,185
	195	8004159, 5.88%, 1/18/2026	7/23/2024		191		184
	8,926	8004166, 4.58%, 1/18/2026	7/23/2024		8,618		8,674
	2,038	8004321, 4.58%, 1/18/2026	7/23/2024		1,945		2,005

See Notes to Financial Statements.

136 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	–	8004359, 4.55%, 1/18/2026	7/23/2024		(12	)	$	(65	)
	4,592	8004482, 6.24%, 1/18/2026	7/23/2024		4,533			3,846
	4,593	8004537, 4.58%, 1/18/2026	7/23/2024		4,446			4,431
	1,235	8004587, 6.23%, 1/18/2026	7/23/2024		1,218			1,100
	60,047	8004600, 5.14%, 1/18/2026	7/23/2024		58,743			44,003
	4,935	8005075, 4.58%, 1/18/2026	7/23/2024		4,768			4,793
	33,244	8005095, 5.50%, 1/18/2026	7/23/2024		32,079			32,255
	476	8005643, 5.49%, 1/18/2026	7/23/2024		456			465
	25,974	8005646, 5.69%, 1/18/2026	7/23/2024		25,159			24,968
	758	8005926, 4.60%, 1/18/2026	7/23/2024		714			749
	5,622	8005946, 5.13%, 1/18/2026	7/23/2024		5,470			5,149
	755	8006068, 5.50%, 1/18/2026	7/23/2024		712			742
	26,012	8006080, 4.58%, 1/18/2026	7/23/2024		24,935			25,536
	1,390	8006261, 5.50%, 1/18/2026	7/23/2024		1,352			1,308
	9,399	8006339, 4.55%, 1/18/2026	7/23/2024		9,386			4,669
	22,446	8006434, 5.14%, 1/18/2026	7/23/2024		21,280			22,100
	18,618	8006644, 4.58%, 1/19/2026	7/24/2024		17,941			18,174
	4,334	8007011, 4.58%, 1/19/2026	7/24/2024		4,176			4,235
	6,198	8007097, 4.58%, 1/19/2026	7/24/2024		5,960			6,071
	7,885	8007216, 5.50%, 1/19/2026	7/24/2024		7,551			7,693
	–	8007918, 6.22%, 1/19/2026	7/24/2024		(16	)		(37	)
	3,470	8007939, 5.94%, 1/19/2026	7/24/2024		3,328			3,395
	48,987	8008023, 4.89%, 1/19/2026	7/24/2024		47,713			40,771
	3,262	8008495, 5.69%, 1/19/2026	7/24/2024		3,138			3,179
	5,178	8008539, 4.58%, 1/19/2026	7/24/2024		4,917			5,104
	2,229	8008641, 4.58%, 1/19/2026	7/24/2024		2,151			2,174
	7,282	8008684, 4.58%, 1/19/2026	7/24/2024		7,023			7,121
	2,995	8008812, 5.93%, 1/19/2026	7/24/2024		2,928			2,758
	3,508	8008846, 5.94%, 1/19/2026	7/24/2024		3,382			3,414
	4,515	8008945, 4.89%, 1/19/2026	7/24/2024		4,338			4,404
	31,265	8009037, 5.69%, 1/19/2026	7/24/2024		30,184			30,297
	12,569	8009566, 5.32%, 1/19/2026	7/24/2024		12,171			12,077
	3,877	8009790, 4.89%, 1/19/2026	7/24/2024		3,731			3,780
	5,213	8009809, 4.89%, 1/19/2026	7/25/2024		5,021			5,079
	1,787	8009884, 5.93%, 1/20/2026	7/25/2024		1,746			1,606
	5,730	8009893, 5.51%, 1/20/2026	7/25/2024		5,576			5,340
	5,586	8009928, 4.58%, 1/20/2026	7/25/2024		5,377			5,457
	2,048	8009977, 4.58%, 1/20/2026	7/25/2024		1,949			2,018
	1,077	8010000, 4.59%, 1/20/2026	7/25/2024		1,031			1,055
	841	8010008, 6.06%, 1/20/2026	7/25/2024		796			827
	141	8010077, 4.56%, 1/20/2026	7/25/2024		140			135
	159	8010079, 4.95%, 1/20/2026	7/25/2024		149			157
	3,170	8010082, 4.89%, 1/20/2026	7/25/2024		3,079			2,965
	12,775	8010113, 5.32%, 1/20/2026	7/25/2024		12,381			11,564
	15,455	8010194, 4.58%, 1/20/2026	7/25/2024		14,887			15,091

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 137

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,026	8010312, 4.57%, 1/20/2026	7/25/2024		1,958	$	1,955
	1,198	8010328, 5.94%, 1/20/2026	7/25/2024		1,160		1,160
	5,871	8010344, 4.58%, 1/20/2026	7/25/2024		5,642		5,746
	2,998	8010398, 4.58%, 1/20/2026	7/25/2024		2,872		2,945
	2,771	8010426, 5.14%, 1/20/2026	7/25/2024		2,686		2,645
	1,503	8010440, 5.68%, 1/20/2026	7/25/2024		1,473		1,288
	3,969	8010461, 5.69%, 1/20/2026	7/25/2024		3,803		3,877
	4,321	8010572, 4.58%, 1/20/2026	7/25/2024		4,186		4,136
	25,267	8010602, 5.50%, 1/20/2026	7/25/2024		24,690		21,949
	15,060	8010742, 4.57%, 1/21/2026	7/25/2024		14,625		13,436
	19,080	8010854, 4.88%, 1/21/2026	7/25/2024		18,503		18,160
	16,216	8011094, 4.88%, 1/21/2026	7/25/2024		15,574		15,844
	2,627	8011254, 4.58%, 1/21/2026	7/25/2024		2,513		2,582
	916	8011310, 5.31%, 1/21/2026	7/25/2024		877		893
	8,107	8011325, 5.31%, 1/21/2026	7/25/2024		7,831		7,794
	1,401	8011406, 5.67%, 1/21/2026	7/25/2024		1,371		1,214
	4,868	8011420, 4.88%, 1/21/2026	7/25/2024		4,660		4,776
	1,522	8011473, 5.12%, 1/22/2026	7/25/2024		1,457		1,487
	5,280	8011497, 5.30%, 1/22/2026	7/25/2024		5,046		5,168
	1,211	8011820, 4.55%, 1/22/2026	7/25/2024		1,165		1,186
	416	8011830, 5.65%, 1/22/2026	7/25/2024		396		408
	369	8011848, 4.56%, 1/22/2026	7/25/2024		368		332
	6,990	8011946, 4.57%, 1/22/2026	7/25/2024		6,751		6,779
	2,200	8012137, 5.12%, 1/22/2026	7/25/2024		2,128		2,104
	4,263	8012161, 4.87%, 1/22/2026	7/25/2024		4,116		4,126
	2,544	8012269, 4.87%, 1/22/2026	7/25/2024		2,458		2,447
	223	8012340, 5.42%, 1/22/2026	7/25/2024		218		196
	1,878	8012351, 5.91%, 1/22/2026	7/25/2024		1,825		1,799
	17,970	8012416, 4.56%, 1/22/2026	7/25/2024		17,219		17,642
	1,235	8012761, 4.57%, 1/22/2026	7/25/2024		1,191		1,199
	2,472	8012784, 5.91%, 1/22/2026	7/25/2024		2,439		2,285
	624	8012861, 5.67%, 1/22/2026	7/25/2024		597		612
	1,404	8012872, 4.54%, 1/22/2026	7/25/2024		1,402		821
	1,507	8012906, 5.30%, 1/22/2026	7/25/2024		1,451		1,466
	5,042	8013020, 5.12%, 1/22/2026	7/25/2024		4,804		4,931
	3,579	8013117, 5.30%, 1/22/2026	7/25/2024		3,484		3,248
	64,513	8013150, 4.56%, 1/22/2026	7/25/2024		62,691		57,132
	3,134	8013508, 6.03%, 1/22/2026	7/25/2024		3,089		2,388
	2,337	8013541, 5.91%, 1/22/2026	7/25/2024		2,293		1,939
	24,798	8013554, 5.67%, 1/22/2026	7/25/2024		23,653		24,324
	27,516	8014019, 4.87%, 1/22/2026	7/25/2024		26,351		26,950
	4,228	8014395, 4.56%, 1/22/2026	7/25/2024		4,079		4,122
	1,107	8014439, 6.20%, 1/22/2026	7/25/2024		1,092		918
	352	8014456, 4.56%, 1/22/2026	7/25/2024		342		339
	1,072	8014465, 4.87%, 1/22/2026	7/25/2024		1,008		1,059

See Notes to Financial Statements.

138 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	834	8014503, 4.53%, 1/22/2026	7/25/2024		833	$	576
	2,742	8014516, 5.67%, 1/22/2026	7/25/2024		2,673		2,567
	2,493	8014554, 5.12%, 1/22/2026	7/25/2024		2,403		2,414
	716	8014621, 5.68%, 1/22/2026	7/25/2024		690		697
	714	8014636, 5.65%, 1/22/2026	7/25/2024		691		691
	1,004	8014644, 4.88%, 1/22/2026	7/25/2024		935		994
	33,762	8014674, 4.56%, 1/22/2026	7/25/2024		32,694		32,360
	2,075	8014974, 4.56%, 1/22/2026	7/25/2024		1,988		2,038
	6,450	8015002, 4.87%, 1/22/2026	7/25/2024		6,167		6,331
	3,931	8015158, 5.30%, 1/22/2026	7/25/2024		3,642		3,890
	3,516	8015318, 5.91%, 1/23/2026	7/26/2024		3,260		3,467
	1,463	8015610, 5.48%, 1/23/2026	7/26/2024		1,393		1,435
	5,008	8015665, 4.56%, 1/23/2026	7/26/2024		4,827		4,885
	2,098	8015794, 6.04%, 1/23/2026	7/26/2024		2,050		1,989
	653	8015927, 4.87%, 1/23/2026	7/26/2024		610		646
	7,518	8015965, 5.91%, 1/23/2026	7/26/2024		7,393		4,856
	3,159	8016157, 4.56%, 1/23/2026	7/26/2024		3,041		3,084
	1,336	8016252, 5.91%, 1/23/2026	7/26/2024		1,302		1,255
	1,924	8016289, 5.11%, 1/23/2026	7/26/2024		1,828		1,892
	504	8016397, 6.20%, 1/23/2026	7/26/2024		484		489
	23,272	8016504, 5.30%, 1/23/2026	7/26/2024		22,622		21,721
	9,322	8016772, 5.91%, 1/23/2026	7/26/2024		8,996		9,061
	1,135	8016927, 4.87%, 1/23/2026	7/26/2024		1,093		1,104
	3,026	8016946, 4.56%, 1/23/2026	7/26/2024		2,929		2,913
	8,139	8016985, 5.12%, 1/23/2026	7/26/2024		7,731		8,003
	3,021	8017229, 4.87%, 1/23/2026	7/26/2024		2,943		2,512
	759	8017250, 5.66%, 1/23/2026	7/26/2024		723		745
	10,412	8017262, 4.56%, 1/23/2026	7/26/2024		10,047		10,109
	7,921	8018129, 4.56%, 1/23/2026	7/26/2024		7,635		7,722
	8,081	8018210, 5.30%, 1/23/2026	7/26/2024		7,842		7,686
	2,855	8018297, 5.67%, 1/23/2026	7/26/2024		2,775		2,711
	12,812	8018487, 5.67%, 1/23/2026	7/26/2024		12,492		11,972
	7,907	8018603, 4.57%, 1/23/2026	7/26/2024		7,690		6,987
	33,108	8018736, 5.12%, 1/24/2026	7/29/2024		32,046		31,190
	8,241	8019298, 4.56%, 1/24/2026	7/29/2024		7,860		8,104
	398	8019591, 4.55%, 1/24/2026	7/29/2024		392		387
	1,312	8019613, 5.92%, 1/24/2026	7/29/2024		1,287		869
	3,263	8019637, 5.11%, 1/24/2026	7/29/2024		3,152		3,144
	750	8019683, 4.53%, 1/24/2026	7/29/2024		748		308
	3,445	8019686, 4.54%, 1/24/2026	7/29/2024		3,436		2,995
	4,227	8019722, 5.30%, 1/24/2026	7/29/2024		4,098		4,015
	6,714	8019772, 5.12%, 1/24/2026	7/29/2024		6,437		6,538
	5,399	8019865, 4.87%, 1/24/2026	7/29/2024		5,011		5,340
	719	8020028, 4.56%, 1/24/2026	7/29/2024		695		691
	3,565	8020037, 4.87%, 1/24/2026	7/29/2024		3,358		3,514

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 139

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	19,688	8020138, 6.22%, 1/24/2026	7/29/2024		19,437		$	11,401
	30,874	8020419, 4.87%, 1/24/2026	7/29/2024		29,848			29,680
	147	8020817, 4.54%, 1/24/2026	7/29/2024		144			143
	5,230	8020921, 5.66%, 1/24/2026	7/29/2024		5,135			3,563
	2,133	8020967, 4.87%, 1/24/2026	7/29/2024		2,065			2,049
	296	8020991, 5.91%, 1/24/2026	7/29/2024		281			291
	13,252	8021126, 4.87%, 1/24/2026	7/29/2024		12,721			12,965
	3,038	8021240, 6.22%, 1/24/2026	7/29/2024		3,002			1,541
	2,113	8021418, 4.56%, 1/24/2026	7/29/2024		2,045			2,036
	2,651	8021446, 5.12%, 1/24/2026	7/29/2024		2,579			2,417
	2,923	8021483, 5.48%, 1/24/2026	7/29/2024		2,829			2,798
	34,454	8021521, 4.56%, 1/24/2026	7/29/2024		33,402			32,870
	761	8021751, 5.66%, 1/24/2026	7/29/2024		741			722
	3,530	8021756, 4.87%, 1/24/2026	7/29/2024		3,410			3,395
	5,284	8021805, 4.87%, 1/24/2026	7/29/2024		5,101			5,080
	4,852	8021875, 5.91%, 1/24/2026	7/29/2024		4,758			4,019
	17,237	8021912, 4.56%, 1/24/2026	7/29/2024		16,567			16,865
	434	8023968, 5.92%, 1/25/2026	7/30/2024		418			421
	2,124	8024035, 5.50%, 1/25/2026	7/30/2024		2,036			2,070
	2,266	8024080, 5.14%, 1/25/2026	7/30/2024		2,194			2,132
	967	8024104, 4.59%, 1/25/2026	7/30/2024		905			955
	1,398	8024130, 5.92%, 1/25/2026	7/30/2024		1,363			1,298
	5,929	8024220, 4.89%, 1/25/2026	7/30/2024		5,521			5,870
	9,016	8024451, 4.58%, 1/25/2026	7/30/2024		8,605			8,861
	3,061	8024670, 4.58%, 1/25/2026	7/30/2024		2,915			3,011
	1,855	8024757, 5.93%, 1/25/2026	7/30/2024		1,811			1,618
	562	8024770, 5.92%, 1/25/2026	7/30/2024		542			545
	2,609	8024788, 4.58%, 1/25/2026	7/30/2024		2,519			2,517
	835	8024833, 5.94%, 1/25/2026	7/30/2024		809			804
	848	8024852, 5.96%, 1/25/2026	7/30/2024		841			582
	1,422	8024859, 4.56%, 1/25/2026	7/30/2024		1,413			1,352
	–	8024941, 4.89%, 1/25/2026	7/30/2024		(224	)		(191	)
	7,193	8025047, 5.14%, 1/25/2026	7/30/2024		6,858			7,027
	19,099	8025198, 4.89%, 1/25/2026	7/30/2024		18,654			15,079
	2,053	8025457, 4.55%, 1/25/2026	7/30/2024		2,050			1,169
	8,428	8025487, 4.55%, 1/25/2026	7/30/2024		8,413			3,145
	5,024	8025613, 4.89%, 1/25/2026	7/30/2024		4,790			4,933
	2,430	8025683, 5.14%, 1/25/2026	7/30/2024		2,363			2,205
	13,631	8025741, 4.89%, 1/25/2026	7/30/2024		13,126			13,216
	500	8025967, 6.23%, 1/25/2026	7/30/2024		488			479
	31,598	8025979, 5.93%, 1/25/2026	7/30/2024		30,240			30,882
	26,575	8026573, 5.69%, 1/25/2026	7/30/2024		25,837			24,846
	1,924	8026780, 6.05%, 1/25/2026	7/30/2024		1,889			1,659
	4,919	8026861, 4.89%, 1/25/2026	7/30/2024		4,810			2,097
	60,274	8026892, 5.14%, 1/25/2026	7/30/2024		58,119			58,142

See Notes to Financial Statements.

140 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,065	8027465, 4.55%, 1/25/2026	7/30/2024		2,056	$	1,933
	5,183	8027609, 4.89%, 1/25/2026	7/30/2024		5,039		4,331
	24,723	8027640, 4.58%, 1/25/2026	7/30/2024		23,820		24,094
	3,172	8027821, 5.14%, 1/25/2026	7/31/2024		3,045		3,075
	751	8027939, 4.55%, 1/26/2026	7/31/2024		743		731
	8,701	8027992, 4.89%, 1/26/2026	7/31/2024		8,334		8,505
	2,656	8028322, 5.69%, 1/26/2026	7/31/2024		2,535		2,585
	776	8028424, 4.55%, 1/26/2026	7/31/2024		772		705
	202	8028456, 4.56%, 1/26/2026	7/31/2024		201		190
	2,846	8028481, 5.51%, 1/26/2026	7/31/2024		2,779		2,079
	2,045	8028519, 5.13%, 1/26/2026	7/31/2024		1,975		1,953
	1,967	8028652, 6.06%, 1/26/2026	7/31/2024		1,897		1,904
	5,299	8028949, 5.68%, 1/26/2026(g)	7/31/2024		5,218		486
	4,865	8029153, 5.94%, 1/26/2026	7/31/2024		4,746		4,498
	2,557	8029211, 4.89%, 1/26/2026	7/31/2024		2,464		2,474
	8,128	8029258, 4.58%, 1/26/2026	7/31/2024		7,886		7,220
	1,108	8029336, 5.69%, 1/26/2026	7/31/2024		1,079		1,037
	2,736	8029355, 4.89%, 1/26/2026	7/31/2024		2,574		2,701
	1,109	8029475, 5.22%, 1/26/2026	7/31/2024		1,099		1,040
	5,937	8029497, 5.94%, 1/26/2026	7/31/2024		5,804		5,339
	19,305	8029557, 4.58%, 1/26/2026	7/31/2024		18,462		18,935
	15,905	8029741, 4.58%, 1/26/2026	7/31/2024		15,341		15,415
	6,569	8029906, 6.24%, 1/26/2026	7/31/2024		6,400		6,302
	3,844	8030010, 4.58%, 1/26/2026	7/31/2024		3,713		3,711
	3,614	8030052, 4.58%, 1/26/2026	7/31/2024		3,378		3,574
	40,178	8030168, 5.14%, 1/26/2026	7/31/2024		38,921		36,892
	4,602	8030499, 5.14%, 1/26/2026	7/31/2024		4,438		4,434
	16,265	8030548, 5.14%, 1/26/2026	7/31/2024		15,704		15,557
	1,738	8030765, 5.69%, 1/26/2026	7/31/2024		1,656		1,704
	1,512	8031182, 4.60%, 1/27/2026	8/1/2024		1,461		1,456
	901	8031217, 5.49%, 1/27/2026	8/1/2024		874		851
	2,892	8031242, 4.58%, 1/27/2026	8/1/2024		2,778		2,822
	721	8031274, 5.33%, 1/27/2026	8/1/2024		692		701
	150	8031280, 5.91%, 1/27/2026	8/1/2024		145		147
	8,151	8031282, 4.58%, 1/27/2026	8/1/2024		7,831		7,970
	7,839	8031378, 4.58%, 1/27/2026	8/1/2024		7,533		7,661
	603	8031441, 5.94%, 1/27/2026	8/1/2024		591		579
	2,914	8031450, 4.58%, 1/27/2026	8/1/2024		2,798		2,852
	275	8031478, 5.92%, 1/27/2026	8/1/2024		268		266
	3,442	8031483, 4.59%, 1/27/2026	8/1/2024		3,299		3,366
	5,855	8031518, 5.69%, 1/27/2026	8/1/2024		5,707		5,076
	9,389	8031581, 5.94%, 1/27/2026	8/1/2024		9,172		8,450
	552	8031669, 5.31%, 1/27/2026	8/1/2024		523		543
	4,606	8031676, 4.58%, 1/27/2026	8/1/2024		4,419		4,511
	3,914	8031721, 5.69%, 1/27/2026	8/1/2024		3,817		3,408

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 141

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,102	8031757, 4.54%, 1/27/2026(g)	8/1/2024		1,100	$	312
	699	8031767, 4.56%, 1/27/2026	8/1/2024		694		675
	706	8031785, 4.53%, 1/27/2026	8/1/2024		705		505
	2,103	8031795, 4.89%, 1/27/2026	8/1/2024		2,007		2,063
	2,385	8031835, 5.50%, 1/27/2026	8/1/2024		2,302		2,283
	1,205	8031857, 4.89%, 1/27/2026	8/1/2024		1,169		1,123
	4,477	8031867, 4.58%, 1/27/2026	8/1/2024		4,268		4,402
	720	8031917, 5.16%, 1/27/2026	8/1/2024		691		700
	2,767	8031921, 4.58%, 1/27/2026	8/1/2024		2,598		2,734
	15,924	8032011, 4.58%, 1/27/2026	8/1/2024		15,363		15,365
	8,412	8032149, 4.57%, 1/28/2026	8/1/2024		8,100		8,192
	5,627	8032207, 4.57%, 1/28/2026	8/1/2024		5,344		5,542
	783	8032270, 5.92%, 1/28/2026	8/1/2024		758		753
	3,168	8032282, 4.57%, 1/28/2026	8/1/2024		3,043		3,097
	3,847	8032309, 5.92%, 1/28/2026	8/1/2024		3,768		3,177
	4,970	8032346, 5.13%, 1/28/2026	8/1/2024		4,839		1,682
	1,530	8032369, 5.91%, 1/28/2026	8/1/2024		1,505		920
	25,564	8032372, 4.57%, 1/28/2026	8/1/2024		24,604		24,923
	7,151	8032536, 4.57%, 1/28/2026	8/1/2024		6,887		6,965
	14,514	8032586, 5.68%, 1/28/2026(g)	8/1/2024		14,285		1,509
	1,887	8032647, 4.89%, 1/28/2026	8/1/2024		1,827		1,796
	5,424	8032656, 4.58%, 1/28/2026	8/1/2024		5,198		5,313
	489	8032710, 5.95%, 1/28/2026	8/1/2024		469		475
	2,309	8032724, 5.68%, 1/28/2026	8/1/2024		2,232		2,212
	2,157	8032762, 6.04%, 1/28/2026	8/1/2024		2,077		2,099
	368	8032787, 4.56%, 1/28/2026	8/1/2024		366		346
	6,032	8032813, 4.88%, 1/28/2026	8/1/2024		5,761		5,915
	6,297	8032865, 4.54%, 1/28/2026	8/1/2024		6,281		3,914
	4,843	8032905, 4.57%, 1/28/2026	8/1/2024		4,639		4,747
	750	8032955, 5.66%, 1/28/2026	8/1/2024		725		713
	2,714	8032967, 5.31%, 1/28/2026	8/1/2024		2,551		2,674
	1,397	8033016, 5.93%, 1/28/2026	8/1/2024		1,343		1,316
	522	8033322, 5.92%, 1/29/2026	8/1/2024		505		510
	6,360	8033337, 4.56%, 1/29/2026	8/1/2024		6,150		5,564
	4,910	8033388, 4.56%, 1/29/2026	8/1/2024		4,653		4,835
	2,316	8033537, 4.56%, 1/29/2026	8/1/2024		2,240		2,216
	11,067	8033579, 4.56%, 1/29/2026	8/1/2024		10,680		10,673
	3,843	8033830, 5.48%, 1/29/2026	8/1/2024		3,674		3,742
	7,014	8034012, 4.56%, 1/29/2026	8/1/2024		6,724		6,862
	2,027	8034153, 5.66%, 1/29/2026	8/1/2024		1,982		1,753
	1,743	8034187, 5.13%, 1/29/2026	8/1/2024		1,674		1,690
	3,773	8034227, 4.87%, 1/29/2026	8/1/2024		3,630		3,669
	1,536	8034285, 5.91%, 1/29/2026	8/1/2024		1,502		1,029
	503	8034301, 5.94%, 1/29/2026	8/1/2024		495		469
	10,001	8034315, 5.91%, 1/29/2026(g)	8/1/2024		9,848		1,949

See Notes to Financial Statements.

142 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,364	8034398, 5.21%, 1/29/2026	8/1/2024		2,350	$	1,906
	4,102	8034444, 5.67%, 1/29/2026(g)	8/1/2024		4,002		2,989
	3,698	8034504, 5.48%, 1/29/2026	8/1/2024		3,520		3,571
	20,698	8034599, 5.67%, 1/29/2026	8/1/2024		19,777		20,210
	13,134	8034951, 4.53%, 1/29/2026	8/1/2024		13,104		4,052
	2,924	8035042, 4.57%, 1/29/2026	8/1/2024		2,810		2,856
	2,051	8035059, 4.56%, 1/29/2026	8/1/2024		1,968		2,008
	14,787	8035074, 4.87%, 1/29/2026	8/1/2024		14,191		14,402
	4,008	8035224, 4.56%, 1/29/2026	8/1/2024		3,877		3,858
	5,080	8035248, 4.87%, 1/29/2026	8/1/2024		4,869		4,945
	4,038	8035290, 4.88%, 1/29/2026	8/1/2024		3,889		3,909
	16,455	8035334, 5.12%, 1/29/2026	8/1/2024		15,915		15,671
	8,933	8035484, 4.57%, 1/29/2026	8/1/2024		8,606		8,694
	3,691	8035636, 4.56%, 1/29/2026	8/1/2024		3,550		3,599
	7,025	8035741, 5.91%, 1/29/2026	8/1/2024		6,886		6,730
	8,008	8035844, 4.56%, 1/29/2026	8/1/2024		7,535		7,908
	2,501	8036036, 4.57%, 1/29/2026	8/1/2024		2,411		2,423
	7,450	8036074, 4.56%, 1/29/2026	8/1/2024		7,154		7,285
	5,963	8036148, 4.56%, 1/29/2026	8/1/2024		5,732		5,830
	13,463	8036206, 5.91%, 1/29/2026	8/1/2024		12,999		12,974
	3,019	8036376, 4.87%, 1/29/2026	8/1/2024		2,888		2,958
	2,155	8036396, 5.49%, 1/29/2026	8/1/2024		2,092		2,004
	5,607	8036419, 5.91%, 1/29/2026	8/1/2024		5,479		5,038
	20,962	8036483, 4.56%, 1/29/2026	8/1/2024		20,175		20,428
	44,864	8036746, 5.91%, 1/29/2026	8/1/2024		44,424		31,792
	17,927	8037809, 4.87%, 1/30/2026	8/2/2024		17,051		17,609
	13,641	8038523, 4.56%, 1/30/2026	8/2/2024		12,906		13,442
	5,089	8038892, 5.67%, 1/30/2026	8/2/2024		4,871		4,960
	4,089	8038993, 4.56%, 1/30/2026	8/2/2024		3,942		3,978
	27,027	8039037, 4.56%, 1/30/2026	8/2/2024		25,613		26,615
	2,032	8039700, 5.31%, 1/30/2026	8/2/2024		1,975		1,830
	5,740	8039715, 5.30%, 1/30/2026	8/2/2024		5,451		5,639
	3,265	8039841, 5.12%, 1/30/2026	8/2/2024		3,136		3,164
	1,747	8039933, 5.12%, 1/30/2026	8/2/2024		1,702		575
	4,331	8039947, 4.56%, 1/30/2026	8/2/2024		4,047		4,290
	3,162	8040107, 5.30%, 1/30/2026	8/2/2024		3,034		3,071
	2,576	8040253, 4.56%, 1/30/2026	8/2/2024		2,502		2,275
	20,905	8040405, 5.12%, 1/30/2026	8/2/2024		19,973		20,395
	4,964	8040831, 5.30%, 1/31/2026	8/5/2024		4,785		4,760
	1,490	8041020, 5.49%, 1/31/2026	8/5/2024		1,453		1,100
	591	8041045, 5.12%, 1/31/2026	8/5/2024		571		571
	4,594	8041052, 4.56%, 1/31/2026	8/5/2024		4,418		4,476
	1,418	8041175, 5.30%, 1/31/2026	8/5/2024		1,345		1,393
	4,324	8041279, 5.11%, 1/31/2026	8/5/2024		4,156		4,178
	1,339	8041487, 4.87%, 1/31/2026	8/5/2024		1,280		1,310

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 143

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	6,488	8041547, 5.48%, 1/31/2026	8/5/2024		6,324	$	4,809
	3,829	8041729, 5.11%, 1/31/2026	8/5/2024		3,682		3,690
	769	8041852, 4.52%, 1/31/2026	8/5/2024		766		551
	1,775	8041867, 4.53%, 1/31/2026	8/5/2024		1,769		1,232
	1,290	8041917, 4.56%, 1/31/2026	8/5/2024		1,239		1,260
	5,457	8041952, 5.67%, 1/31/2026	8/5/2024		5,238		5,272
	4,766	8042096, 5.11%, 1/31/2026	8/5/2024		4,586		4,592
	2,709	8042206, 5.67%, 1/31/2026	8/5/2024		2,553		2,649
	4,510	8042307, 5.11%, 1/31/2026	8/5/2024		4,350		4,295
	13,757	8042391, 5.30%, 1/31/2026	8/5/2024		13,083		13,450
	1,553	8042652, 4.56%, 1/31/2026	8/5/2024		1,490		1,519
	768	8042662, 4.53%, 1/31/2026	8/5/2024		760		746
	5,350	8042694, 4.56%, 1/31/2026	8/5/2024		5,146		5,207
	41,214	8042818, 4.56%, 1/31/2026	8/5/2024		39,517		40,319
	207	8043355, 5.66%, 1/31/2026	8/5/2024		191		206
	22,199	8043365, 5.30%, 1/31/2026	8/5/2024		21,112		21,687
	9,873	8043810, 5.12%, 1/31/2026	8/5/2024		9,415		9,615
	1,710	8043955, 4.88%, 1/31/2026	8/5/2024		1,652		1,630
	951	8043977, 5.50%, 1/31/2026	8/5/2024		901		932
	3,639	8043995, 5.91%, 1/31/2026	8/5/2024		3,593		2,543
	1,357	8044196, 4.87%, 1/31/2026	8/5/2024		1,309		1,303
	1,715	8046483, 4.57%, 1/31/2026	8/6/2024		1,640		1,683
	2,184	8046655, 5.94%, 2/1/2026	8/6/2024		2,069		2,139
	1,182	8046780, 5.93%, 2/1/2026	8/6/2024		1,145		1,115
	6,906	8046876, 5.93%, 2/1/2026	8/6/2024		6,761		6,551
	2,887	8047247, 4.89%, 2/1/2026	8/6/2024		2,767		2,812
	5,625	8047336, 4.55%, 2/1/2026	8/6/2024		5,604		3,475
	14,106	8047466, 4.89%, 2/1/2026	8/6/2024		13,630		13,459
	2,596	8047929, 6.05%, 2/1/2026	8/6/2024		2,553		1,441
	7,003	8047993, 4.58%, 2/1/2026	8/6/2024		6,758		6,742
	2,303	8048163, 4.58%, 2/1/2026	8/6/2024		2,221		2,221
	4,593	8048228, 5.32%, 2/1/2026	8/6/2024		4,466		3,516
	683	8048266, 5.70%, 2/1/2026	8/6/2024		658		659
	2,770	8048284, 5.69%, 2/1/2026	8/6/2024		2,665		2,670
	2,592	8048388, 4.58%, 2/1/2026	8/6/2024		2,478		2,541
	3,524	8048439, 5.14%, 2/1/2026	8/6/2024		3,415		3,224
	4,366	8048486, 4.58%, 2/1/2026	8/6/2024		4,177		4,281
	2,342	8048598, 6.24%, 2/1/2026	8/6/2024		2,278		2,229
	2,929	8048658, 5.32%, 2/1/2026	8/6/2024		2,817		2,821
	5,277	8048788, 4.89%, 2/1/2026	8/6/2024		5,093		5,062
	25,717	8048832, 4.89%, 2/1/2026	8/6/2024		24,747		24,866
	2,749	8049325, 5.32%, 2/1/2026	8/6/2024		2,624		2,681
	33,063	8049383, 5.50%, 2/1/2026	8/6/2024		31,642		32,088
	1,581	8050177, 5.31%, 2/1/2026	8/6/2024		1,512		1,538
	3,784	8050207, 5.14%, 2/1/2026	8/6/2024		3,681		2,897

See Notes to Financial Statements.

144 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,942	8050222, 4.55%, 2/1/2026	8/6/2024		1,934	$	1,619
	1,202	8050239, 6.23%, 2/1/2026	8/6/2024		1,180		1,072
	991	8050257, 6.06%, 2/1/2026	8/6/2024		969		897
	1,728	8050302, 5.51%, 2/1/2026	8/6/2024		1,652		1,681
	1,380	8050356, 4.89%, 2/1/2026	8/6/2024		1,285		1,365
	4,615	8050504, 6.06%, 2/1/2026	8/6/2024		4,538		2,572
	611	8050544, 5.24%, 2/1/2026	8/7/2024		605		572
	4,805	8050646, 4.58%, 2/2/2026	8/7/2024		4,615		4,682
	4,379	8050770, 6.06%, 2/2/2026	8/7/2024		4,227		4,194
	10,087	8051002, 4.58%, 2/2/2026	8/7/2024		9,738		9,656
	4,226	8051793, 4.58%, 2/2/2026	8/7/2024		4,063		4,114
	15,059	8051916, 4.58%, 2/2/2026	8/7/2024		14,474		14,654
	2,217	8052251, 4.90%, 2/2/2026	8/7/2024		2,129		2,156
	938	8052292, 5.16%, 2/2/2026	8/7/2024		902		905
	4,773	8052320, 6.24%, 2/2/2026	8/7/2024		4,572		4,625
	33,961	8052517, 5.93%, 2/2/2026	8/7/2024		33,407		31,009
	5,761	8053144, 5.14%, 2/2/2026	8/7/2024		5,456		5,636
	1,586	8053265, 4.90%, 2/2/2026	8/7/2024		1,537		1,474
	9,441	8053285, 4.58%, 2/2/2026	8/7/2024		9,054		9,236
	972	8053441, 5.34%, 2/2/2026	8/7/2024		945		869
	2,220	8053450, 6.25%, 2/2/2026	8/7/2024		2,188		1,133
	1,423	8053471, 5.31%, 2/2/2026	8/7/2024		1,387		1,062
	930	8053485, 5.95%, 2/2/2026	8/7/2024		918		762
	1,884	8053496, 4.89%, 2/2/2026	8/7/2024		1,818		1,809
	1,582	8053589, 5.13%, 2/2/2026	8/7/2024		1,497		1,555
	4,406	8053624, 5.32%, 2/2/2026	8/7/2024		4,290		3,332
	3,955	8053707, 4.55%, 2/2/2026	8/7/2024		3,944		1,596
	1,696	8053791, 6.24%, 2/2/2026	8/7/2024		1,641		1,633
	2,465	8053908, 5.69%, 2/2/2026	8/7/2024		2,385		2,335
	939	8054221, 5.49%, 2/3/2026	8/8/2024		900		910
	3,705	8054263, 4.89%, 2/3/2026	8/8/2024		3,561		3,581
	5,337	8054330, 5.32%, 2/3/2026	8/8/2024		5,135		5,143
	8,581	8054425, 5.69%, 2/3/2026	8/8/2024		8,265		8,223
	4,082	8054556, 4.89%, 2/3/2026	8/8/2024		3,915		3,973
	8,351	8054605, 4.58%, 2/3/2026	8/8/2024		8,047		8,051
	26,281	8054726, 4.89%, 2/3/2026	8/8/2024		25,324		25,199
	1,367	8055086, 5.69%, 2/3/2026	8/8/2024		1,314		1,318
	4,993	8055155, 4.58%, 2/3/2026	8/8/2024		4,811		4,831
	3,532	8055222, 4.58%, 2/3/2026	8/8/2024		3,410		3,375
	1,885	8055284, 5.30%, 2/4/2026	8/8/2024		1,833		1,442
	1,956	8055308, 4.88%, 2/4/2026	8/8/2024		1,875		1,904
	1,027	8055345, 5.91%, 2/4/2026	8/8/2024		1,006		589
	7,044	8055354, 4.88%, 2/4/2026	8/8/2024		6,805		6,708
	495	8055442, 5.23%, 2/4/2026	8/8/2024		487		470
	4,507	8055454, 5.68%, 2/4/2026	8/8/2024		4,400		1,282

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 145

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	984	8055514, 5.68%, 2/4/2026	8/8/2024		938	$	959
	8,655	8055532, 4.88%, 2/4/2026	8/8/2024		8,301		8,424
	8,355	8055660, 4.58%, 2/4/2026	8/8/2024		8,034		8,127
	2,188	8055762, 6.04%, 2/4/2026	8/8/2024		2,128		2,047
	2,395	8055798, 4.58%, 2/4/2026	8/8/2024		2,302		2,321
	7,131	8055832, 5.13%, 2/4/2026	8/8/2024		6,694		7,008
	672	8055985, 5.68%, 2/4/2026	8/8/2024		650		638
	521	8056094, 5.48%, 2/4/2026	8/8/2024		481		515
	3,478	8056118, 4.57%, 2/4/2026	8/8/2024		3,328		3,405
	11,667	8056163, 4.57%, 2/4/2026	8/8/2024		11,218		11,351
	11,062	8056562, 4.57%, 2/5/2026	8/8/2024		10,605		10,808
	6,321	8056790, 4.56%, 2/5/2026	8/8/2024		6,072		6,168
	2,391	8056970, 5.30%, 2/5/2026	8/8/2024		2,202		2,374
	2,659	8057273, 4.56%, 2/5/2026	8/8/2024		2,555		2,595
	2,325	8057329, 4.87%, 2/5/2026	8/8/2024		2,224		2,271
	909	8057391, 4.86%, 2/5/2026	8/8/2024		857		897
	13,661	8057432, 5.48%, 2/5/2026	8/8/2024		13,220		12,913
	3,231	8057713, 4.57%, 2/5/2026	8/8/2024		3,120		3,083
	8,987	8057780, 5.91%, 2/5/2026	8/8/2024		8,546		8,664
	682	8058149, 4.51%, 2/5/2026	8/8/2024		680		575
	5,459	8058168, 4.87%, 2/5/2026	8/8/2024		5,260		5,238
	2,017	8058259, 5.12%, 2/5/2026	8/8/2024		1,945		1,922
	29,991	8058294, 5.12%, 2/5/2026	8/8/2024		28,813		28,983
	897	8058646, 5.28%, 2/5/2026	8/8/2024		862		865
	2,051	8058661, 4.57%, 2/5/2026	8/8/2024		1,962		2,007
	37,231	8058683, 5.30%, 2/5/2026	8/8/2024		35,571		36,181
	837	8059353, 6.04%, 2/5/2026	8/8/2024		786		823
	27,576	8059448, 5.67%, 2/5/2026	8/8/2024		26,695		26,127
	1,538	8059843, 4.88%, 2/5/2026	8/8/2024		1,474		1,497
	3,389	8059865, 4.87%, 2/5/2026	8/8/2024		3,287		2,842
	3,212	8059924, 5.11%, 2/5/2026	8/8/2024		3,096		3,060
	8,724	8060003, 4.56%, 2/5/2026	8/8/2024		8,394		8,480
	9,623	8060126, 4.87%, 2/6/2026	8/9/2024		9,201		9,402
	7,757	8060463, 4.56%, 2/6/2026	8/9/2024		7,475		7,462
	7,999	8060665, 4.56%, 2/6/2026	8/9/2024		7,589		7,870
	2,500	8061060, 5.67%, 2/6/2026	8/9/2024		2,401		2,416
	2,607	8061222, 4.87%, 2/6/2026	8/9/2024		2,499		2,535
	3,940	8061287, 4.57%, 2/6/2026	8/9/2024		3,805		3,759
	4,208	8061343, 5.12%, 2/6/2026	8/9/2024		4,033		4,077
	7,344	8061467, 5.91%, 2/6/2026	8/9/2024		7,255		5,310
	3,245	8061654, 4.88%, 2/6/2026	8/9/2024		3,124		3,112
	1,566	8061719, 4.54%, 2/6/2026	8/9/2024		1,561		73
	625	8061737, 5.67%, 2/6/2026	8/9/2024		605		591
	561	8062069, 5.66%, 2/6/2026	8/9/2024		538		546
	9,480	8062072, 6.22%, 2/6/2026	8/9/2024		9,327		7,095

See Notes to Financial Statements.

146 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,301	8062462, 4.55%, 2/6/2026	8/9/2024		1,297	$	71
	3,670	8062470, 5.12%, 2/6/2026	8/9/2024		3,532		3,532
	1,261	8062529, 5.11%, 2/6/2026	8/9/2024		1,201		1,231
	3,474	8062553, 4.56%, 2/6/2026	8/9/2024		3,360		1,507
	5,072	8062617, 4.56%, 2/6/2026	8/9/2024		4,861		4,959
	29,555	8062724, 4.56%, 2/6/2026	8/9/2024		28,231		28,966
	7,283	8063149, 4.56%, 2/6/2026	8/9/2024		7,004		7,078
	1,100	8063299, 5.91%, 2/6/2026	8/9/2024		1,073		1,058
	12,246	8063317, 4.57%, 2/6/2026	8/9/2024		11,746		11,959
	6,437	8063585, 4.56%, 2/6/2026	8/9/2024		6,185		6,268
	1,496	8063674, 6.04%, 2/6/2026	8/9/2024		1,443		1,443
	1,076	8063706, 5.31%, 2/6/2026	8/9/2024		1,027		1,049
	439	8063722, 6.20%, 2/6/2026	8/9/2024		426		418
	17,558	8063742, 4.87%, 2/6/2026	8/9/2024		16,924		16,841
	20,351	8063849, 6.03%, 2/7/2026	8/12/2024		19,714		18,937
	3,326	8064540, 5.67%, 2/7/2026	8/12/2024		3,153		3,248
	2,660	8064812, 4.56%, 2/7/2026	8/12/2024		2,568		2,557
	5,932	8065254, 4.56%, 2/7/2026	8/12/2024		5,675		5,801
	1,898	8065475, 4.54%, 2/7/2026(g)	8/12/2024		1,893		70
	3,963	8065500, 5.21%, 2/7/2026	8/12/2024		3,898		3,460
	34,358	8065574, 4.87%, 2/7/2026	8/12/2024		32,740		33,585
	11,301	8066017, 4.87%, 2/7/2026	8/12/2024		10,761		11,064
	4,254	8066211, 4.53%, 2/7/2026	8/12/2024		4,210		2,983
	3,089	8066233, 5.91%, 2/7/2026	8/12/2024		2,987		2,903
	675	8066258, 4.56%, 2/7/2026	8/12/2024		671		502
	1,874	8066269, 6.05%, 2/7/2026	8/12/2024		1,846		110
	8,416	8066277, 4.56%, 2/7/2026	8/12/2024		8,118		8,087
	15,183	8066366, 4.56%, 2/7/2026	8/12/2024		14,514		14,853
	2,103	8066579, 4.56%, 2/7/2026	8/12/2024		2,012		2,061
	7,726	8066626, 6.21%, 2/7/2026	8/12/2024		7,585		5,783
	3,039	8066737, 4.57%, 2/7/2026	8/12/2024		2,930		2,897
	3,714	8066787, 5.91%, 2/7/2026	8/12/2024		3,582		3,544
	2,363	8066874, 4.87%, 2/7/2026	8/12/2024		2,255		2,310
	693	8066934, 5.68%, 2/7/2026	8/12/2024		663		668
	16,192	8066947, 5.67%, 2/7/2026	8/12/2024		15,645		15,320
	2,109	8068921, 4.56%, 2/7/2026	8/13/2024		2,028		2,051
	4,925	8069086, 4.58%, 2/8/2026	8/13/2024		4,720		4,811
	24,205	8069329, 5.69%, 2/8/2026	8/13/2024		23,681		15,879
	4,172	8069992, 4.58%, 2/8/2026	8/13/2024		4,009		4,058
	4,143	8070306, 4.58%, 2/8/2026	8/13/2024		3,994		3,987
	4,103	8070391, 5.94%, 2/8/2026	8/13/2024		4,023		632
	4,142	8070575, 4.58%, 2/8/2026	8/13/2024		3,971		4,044
	8,839	8070651, 5.69%, 2/8/2026	8/13/2024		8,520		8,392
	5,203	8070840, 4.58%, 2/8/2026	8/13/2024		4,996		5,063
	1,961	8070945, 4.89%, 2/8/2026	8/13/2024		1,874		1,913

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 147

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	970	8070978, 5.93%, 2/8/2026	8/13/2024		944		$	933
	928	8071634, 5.23%, 2/8/2026	8/13/2024		917			842
	9,193	8071652, 4.58%, 2/8/2026	8/13/2024		8,811			8,978
	1,936	8071934, 4.58%, 2/8/2026	8/13/2024		1,853			1,893
	5,418	8071964, 4.58%, 2/8/2026	8/13/2024		5,200			5,275
	10,629	8072044, 5.32%, 2/8/2026	8/13/2024		10,255			10,053
	39,616	8072199, 4.58%, 2/8/2026	8/13/2024		38,021			38,334
	1,571	8072684, 4.55%, 2/8/2026	8/13/2024		1,558			1,405
	7,513	8072734, 4.58%, 2/8/2026	8/13/2024		7,230			7,239
	8,098	8072858, 4.55%, 2/8/2026	8/13/2024		8,002			7,815
	2,037	8072892, 4.89%, 2/8/2026	8/14/2024		1,952			1,953
	2,772	8072982, 5.68%, 2/9/2026	8/14/2024		2,682			2,590
	625	8073065, 5.69%, 2/9/2026	8/14/2024		592			613
	6,062	8073281, 4.58%, 2/9/2026	8/14/2024		5,713			5,975
	1,343	8073587, 5.94%, 2/9/2026	8/14/2024		1,307			1,289
	3,023	8073646, 4.89%, 2/9/2026	8/14/2024		2,912			2,894
	10,234	8073760, 4.58%, 2/9/2026	8/14/2024		9,826			9,950
	1,642	8074036, 5.93%, 2/9/2026	8/14/2024		1,551			1,605
	7,075	8074115, 4.58%, 2/9/2026	8/14/2024		6,861			6,176
	1,433	8074186, 4.90%, 2/9/2026	8/14/2024		1,360			1,379
	5,042	8074220, 5.69%, 2/9/2026	8/14/2024		4,778			4,944
	1,704	8074359, 6.06%, 2/9/2026	8/14/2024		1,664			1,366
	2,342	8074408, 4.57%, 2/9/2026	8/14/2024		2,249			2,280
	3,695	8074428, 5.69%, 2/9/2026	8/14/2024		3,395			3,627
	3,383	8074585, 4.58%, 2/9/2026	8/14/2024		3,252			3,275
	13,693	8074649, 5.50%, 2/9/2026	8/14/2024		13,243			12,734
	12,990	8074818, 5.69%, 2/9/2026	8/14/2024		12,510			12,342
	4,381	8075047, 4.58%, 2/9/2026	8/14/2024		4,182			4,294
	3,871	8075163, 5.94%, 2/9/2026	8/14/2024		3,715			3,726
	1,850	8075253, 5.69%, 2/9/2026	8/14/2024		1,769			1,792
	10,617	8075293, 5.69%, 2/9/2026	8/14/2024		10,140			10,326
	3,868	8075632, 5.32%, 2/9/2026	8/14/2024		3,744			3,494
	11,569	8075716, 5.32%, 2/9/2026	8/14/2024		11,173			10,827
	5,401	8075984, 5.32%, 2/9/2026	8/14/2024		5,193			5,168
	3,986	8076012, 4.58%, 2/10/2026	8/15/2024		3,846			3,795
	2,356	8076083, 4.89%, 2/10/2026	8/15/2024		2,250			2,301
	–	8076147, 4.58%, 2/10/2026	8/15/2024		(2	)		(5	)
	8,529	8076149, 5.14%, 2/10/2026	8/15/2024		8,071			8,342
	3,726	8076313, 4.59%, 2/10/2026	8/15/2024		3,569			3,635
	2,165	8076362, 5.69%, 2/10/2026	8/15/2024		2,083			2,071
	922	8076396, 5.94%, 2/10/2026	8/15/2024		886			881
	3,059	8076415, 4.58%, 2/10/2026	8/15/2024		2,938			2,972
	1,711	8076456, 6.05%, 2/10/2026	8/15/2024		1,645			1,642
	481	8076493, 5.93%, 2/10/2026	8/15/2024		461			464
	2,916	8076506, 4.58%, 2/10/2026	8/15/2024		2,804			2,821

See Notes to Financial Statements.

148 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	4,695	8076609, 4.89%, 2/10/2026	8/15/2024		4,431	$	4,618
	8,938	8076707, 5.50%, 2/10/2026	8/15/2024		8,632		8,424
	5,632	8076833, 4.58%, 2/10/2026	8/15/2024		5,422		5,422
	7,052	8076898, 4.54%, 2/11/2026	8/15/2024		7,002		6,015
	3,892	8077089, 5.12%, 2/11/2026	8/15/2024		3,733		3,741
	5,351	8077133, 4.57%, 2/11/2026	8/15/2024		5,072		5,264
	5,298	8077203, 4.58%, 2/11/2026	8/15/2024		5,064		5,186
	818	8077289, 6.25%, 2/11/2026	8/15/2024		791		783
	7,299	8077311, 5.68%, 2/11/2026	8/15/2024		7,098		6,349
	2,021	8077396, 6.24%, 2/11/2026	8/15/2024		1,984		1,558
	2,166	8077428, 5.92%, 2/11/2026	8/15/2024		2,076		2,086
	2,380	8077477, 5.92%, 2/11/2026	8/15/2024		2,325		1,559
	9,837	8077524, 4.57%, 2/11/2026	8/15/2024		9,410		9,617
	3,064	8077686, 4.88%, 2/11/2026	8/15/2024		2,897		3,011
	3,944	8077744, 4.88%, 2/11/2026	8/15/2024		3,802		3,753
	2,969	8077986, 6.04%, 2/12/2026	8/15/2024		2,920		157
	5,161	8078009, 4.87%, 2/12/2026	8/15/2024		4,920		5,045
	4,545	8078102, 4.56%, 2/12/2026	8/15/2024		4,301		4,473
	5,486	8078316, 5.67%, 2/12/2026	8/15/2024		5,320		5,010
	8,986	8078490, 4.57%, 2/12/2026	8/15/2024		8,690		7,997
	3,171	8078834, 4.87%, 2/12/2026	8/15/2024		3,047		3,062
	4,552	8079182, 6.03%, 2/12/2026	8/15/2024		4,448		3,670
	10,859	8079259, 4.87%, 2/12/2026	8/15/2024		10,417		10,533
	3,373	8079460, 4.56%, 2/12/2026	8/15/2024		3,242		3,266
	3,622	8079490, 5.49%, 2/12/2026	8/15/2024		3,491		3,454
	6,501	8079557, 5.30%, 2/12/2026	8/15/2024		6,159		6,347
	4,258	8079696, 5.11%, 2/12/2026	8/15/2024		4,099		4,055
	158	8079758, 5.92%, 2/12/2026	8/15/2024		145		157
	4,627	8079780, 4.56%, 2/12/2026	8/15/2024		4,403		4,542
	207	8079837, 4.53%, 2/12/2026	8/15/2024		197		203
	5,159	8079855, 5.21%, 2/12/2026	8/15/2024		5,074		4,741
	572	8079928, 5.90%, 2/12/2026	8/15/2024		558		510
	28,663	8079939, 4.87%, 2/12/2026	8/15/2024		27,859		23,185
	3,071	8080338, 5.48%, 2/12/2026	8/15/2024		2,959		2,927
	5,060	8080410, 5.12%, 2/12/2026	8/15/2024		4,850		4,886
	18,128	8080538, 5.12%, 2/12/2026	8/15/2024		17,406		17,492
	6,600	8080978, 5.30%, 2/12/2026	8/15/2024		6,314		6,390
	6,453	8081171, 5.67%, 2/12/2026	8/15/2024		6,259		5,889
	4,125	8081295, 4.87%, 2/12/2026	8/15/2024		3,960		3,984
	1,520	8081562, 5.68%, 2/13/2026	8/16/2024		1,472		1,333
	2,471	8081659, 5.31%, 2/13/2026	8/16/2024		2,403		1,865
	14,326	8081761, 5.30%, 2/13/2026	8/16/2024		13,732		13,784
	1,687	8082383, 5.92%, 2/13/2026	8/16/2024		1,600		1,644
	4,138	8082422, 5.91%, 2/13/2026	8/16/2024		3,942		4,017
	1,370	8082582, 5.92%, 2/13/2026	8/16/2024		1,347		1,147

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 149

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,744	8082894, 5.31%, 2/13/2026	8/16/2024		2,622	$	2,658
	1,775	8082955, 4.88%, 2/13/2026	8/16/2024		1,711		1,690
	24,319	8082986, 4.56%, 2/13/2026	8/16/2024		23,548		21,384
	44,699	8083263, 4.56%, 2/13/2026	8/16/2024		42,989		43,208
	4,529	8083848, 4.56%, 2/13/2026	8/16/2024		4,330		4,430
	5,853	8083907, 5.12%, 2/13/2026	8/16/2024		5,683		4,527
	601	8084055, 5.93%, 2/13/2026	8/16/2024		569		585
	188	8084067, 5.67%, 2/13/2026	8/16/2024		173		186
	5,700	8084080, 4.87%, 2/13/2026	8/16/2024		5,419		5,587
	515	8084187, 6.04%, 2/13/2026	8/16/2024		494		496
	1,352	8084200, 5.12%, 2/13/2026	8/16/2024		1,289		1,312
	1,025	8084240, 5.29%, 2/13/2026	8/16/2024		971		1,001
	8,373	8084270, 4.56%, 2/13/2026	8/16/2024		8,007		8,190
	1,367	8084395, 5.92%, 2/13/2026	8/16/2024		1,350		702
	2,843	8084416, 5.12%, 2/13/2026	8/16/2024		2,704		2,774
	1,516	8084458, 5.11%, 2/13/2026	8/16/2024		1,460		1,444
	28,570	8084627, 5.30%, 2/13/2026	8/16/2024		27,378		27,488
	7,237	8084824, 5.67%, 2/14/2026	8/19/2024		6,894		6,996
	323	8085135, 6.01%, 2/14/2026	8/19/2024		307		315
	10,326	8085158, 4.87%, 2/14/2026	8/19/2024		9,985		9,602
	324	8085608, 5.67%, 2/14/2026	8/19/2024		300		319
	6,912	8085621, 5.11%, 2/14/2026	8/19/2024		6,668		6,275
	6,753	8085735, 4.56%, 2/14/2026	8/19/2024		6,445		6,601
	10,134	8085886, 4.87%, 2/14/2026	8/19/2024		9,724		9,769
	2,432	8086069, 4.86%, 2/14/2026	8/19/2024		2,351		2,264
	209	8086107, 5.22%, 2/14/2026	8/19/2024		206		199
	1,970	8086123, 4.56%, 2/14/2026	8/19/2024		1,889		1,916
	1,285	8086150, 5.92%, 2/14/2026	8/19/2024		1,258		934
	8,951	8086158, 4.56%, 2/14/2026	8/19/2024		8,616		8,616
	476	8086349, 5.67%, 2/14/2026	8/19/2024		455		462
	8,938	8086363, 4.56%, 2/14/2026	8/19/2024		8,495		8,759
	6,233	8086498, 4.57%, 2/14/2026	8/19/2024		5,976		6,061
	9,999	8086560, 5.48%, 2/14/2026	8/19/2024		9,589		9,587
	46,422	8086753, 5.91%, 2/14/2026	8/19/2024		45,350		29,442
	1,943	8087265, 5.30%, 2/14/2026	8/19/2024		1,860		1,864
	2,022	8087422, 5.92%, 2/14/2026	8/19/2024		1,978		1,268
	2,981	8087450, 4.57%, 2/14/2026	8/19/2024		2,862		2,883
	5,280	8087520, 4.56%, 2/14/2026	8/19/2024		5,107		4,679
	32,347	8087587, 4.56%, 2/14/2026	8/19/2024		30,893		31,600
	471	8089993, 5.97%, 2/15/2026	8/20/2024		455		442
	2,289	8090045, 5.68%, 2/15/2026	8/20/2024		2,167		2,232
	4,095	8090134, 4.89%, 2/15/2026	8/20/2024		3,937		3,915
	7,156	8090564, 5.94%, 2/15/2026	8/20/2024		6,954		6,079
	9,713	8090843, 4.58%, 2/15/2026	8/20/2024		9,310		9,449
	578	8091235, 5.31%, 2/15/2026	8/20/2024		532		570

See Notes to Financial Statements.

150 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,288	8091255, 5.70%, 2/15/2026	8/20/2024		1,239	$	1,220
	2,320	8091299, 5.14%, 2/15/2026	8/20/2024		2,213		2,250
	11,361	8091462, 4.58%, 2/15/2026	8/20/2024		10,928		10,931
	2,023	8091622, 5.13%, 2/15/2026	8/20/2024		1,931		1,959
	4,813	8091650, 5.14%, 2/15/2026	8/20/2024		4,627		4,583
	2,853	8091752, 5.69%, 2/15/2026	8/20/2024		2,772		819
	21,787	8091800, 5.14%, 2/15/2026	8/20/2024		20,770		21,120
	797	8092218, 4.55%, 2/15/2026	8/20/2024		793		329
	19,591	8092219, 4.58%, 2/15/2026	8/20/2024		18,708		19,144
	375	8092592, 5.97%, 2/15/2026	8/20/2024		366		334
	490	8092595, 4.52%, 2/15/2026	8/20/2024		486		153
	2,003	8092597, 5.69%, 2/15/2026	8/20/2024		1,903		1,951
	3,268	8092634, 5.51%, 2/15/2026	8/20/2024		3,170		2,465
	6,449	8092655, 5.14%, 2/15/2026	8/20/2024		6,162		6,243
	2,555	8092757, 4.59%, 2/15/2026	8/20/2024		2,464		2,427
	4,923	8092805, 6.06%, 2/15/2026	8/20/2024		4,764		4,606
	1,438	8092885, 4.89%, 2/15/2026	8/20/2024		1,382		1,378
	2,154	8092942, 4.58%, 2/15/2026	8/20/2024		2,067		2,093
	771	8092992, 6.05%, 2/15/2026	8/20/2024		740		740
	2,447	8093019, 5.94%, 2/15/2026	8/20/2024		2,339		2,356
	2,994	8093063, 5.50%, 2/15/2026	8/20/2024		2,875		2,859
	2,679	8093089, 4.58%, 2/15/2026	8/20/2024		2,571		2,603
	3,916	8093113, 4.58%, 2/15/2026	8/20/2024		3,743		3,830
	20,508	8093189, 4.58%, 2/15/2026	8/20/2024		19,720		19,824
	957	8093593, 4.59%, 2/15/2026	8/20/2024		905		942
	3,512	8093748, 4.90%, 2/16/2026	8/21/2024		3,381		3,334
	627	8093842, 6.23%, 2/16/2026	8/21/2024		611		562
	5,786	8093880, 5.94%, 2/16/2026	8/21/2024		5,609		5,541
	16,988	8094109, 4.58%, 2/16/2026	8/21/2024		16,246		16,571
	1,130	8094664, 5.32%, 2/16/2026	8/21/2024		1,078		1,093
	5,439	8094705, 4.89%, 2/16/2026	8/21/2024		5,136		5,344
	5,074	8094895, 4.58%, 2/16/2026	8/21/2024		4,869		4,925
	1,059	8094990, 5.69%, 2/16/2026	8/21/2024		1,015		1,015
	2,864	8095010, 4.58%, 2/16/2026	8/21/2024		2,747		2,783
	2,765	8095052, 4.58%, 2/16/2026	8/21/2024		2,663		2,654
	32,782	8095107, 5.50%, 2/16/2026	8/21/2024		31,423		31,470
	1,000	8095760, 4.57%, 2/16/2026	8/21/2024		993		653
	7,324	8095778, 5.32%, 2/16/2026	8/21/2024		6,950		7,142
	1,750	8095932, 5.32%, 2/16/2026	8/21/2024		1,673		1,683
	810	8096001, 5.70%, 2/16/2026	8/21/2024		775		782
	4,050	8096014, 4.58%, 2/16/2026	8/21/2024		3,905		3,854
	8,765	8096066, 6.06%, 2/16/2026	8/21/2024		8,518		7,723
	2,835	8096267, 6.24%, 2/16/2026	8/21/2024		2,735		2,710
	1,450	8096325, 4.58%, 2/16/2026	8/21/2024		1,390		1,409
	1,911	8096359, 5.14%, 2/16/2026	8/21/2024		1,819		1,855

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 151

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	323	8096441, 4.55%, 2/16/2026	8/21/2024		312	$	314
	2,178	8096481, 5.70%, 2/16/2026	8/21/2024		2,077		2,106
	5,929	8096561, 5.69%, 2/16/2026	8/21/2024		5,757		5,157
	5,159	8096714, 5.69%, 2/16/2026	8/21/2024		4,990		4,731
	2,090	8096860, 5.69%, 2/16/2026	8/21/2024		1,988		2,029
	2,967	8096990, 4.89%, 2/17/2026	8/22/2024		2,769		2,925
	5,610	8097075, 5.93%, 2/17/2026	8/22/2024		5,437		5,191
	7,347	8097192, 4.58%, 2/17/2026	8/22/2024		7,007		7,193
	2,532	8097312, 5.68%, 2/17/2026	8/22/2024		2,451		2,310
	1,530	8097335, 5.94%, 2/17/2026	8/22/2024		1,453		1,486
	1,621	8097358, 4.59%, 2/17/2026	8/22/2024		1,560		1,557
	383	8097375, 4.51%, 2/17/2026	8/22/2024		380		346
	4,655	8097383, 5.14%, 2/17/2026	8/22/2024		4,407		4,544
	636	8097467, 4.51%, 2/17/2026	8/22/2024		632		266
	8,371	8097599, 4.58%, 2/17/2026	8/22/2024		7,981		8,192
	2,218	8097718, 6.25%, 2/17/2026	8/22/2024		2,161		1,928
	1,517	8097812, 5.93%, 2/17/2026	8/22/2024		1,462		1,426
	7,982	8097836, 4.58%, 2/17/2026	8/22/2024		7,700		3,107
	17,715	8097910, 5.13%, 2/18/2026	8/22/2024		17,010		16,869
	3,146	8098094, 4.57%, 2/18/2026	8/22/2024		2,976		3,094
	706	8098142, 5.93%, 2/18/2026	8/22/2024		667		688
	12,354	8098158, 5.13%, 2/18/2026	8/22/2024		11,892		11,628
	574	8098304, 6.20%, 2/18/2026	8/22/2024		559		517
	1,105	8098314, 6.24%, 2/18/2026	8/22/2024		1,078		876
	3,169	8098349, 5.13%, 2/18/2026	8/22/2024		2,998		3,099
	339	8098416, 5.92%, 2/18/2026	8/22/2024		332		300
	1,475	8098424, 5.48%, 2/18/2026	8/22/2024		1,396		1,438
	15,139	8098491, 5.13%, 2/18/2026	8/22/2024		14,557		14,269
	5,739	8098672, 4.57%, 2/18/2026	8/22/2024		5,546		5,077
	2,967	8098746, 5.92%, 2/18/2026	8/22/2024		2,883		2,522
	7,864	8099014, 4.56%, 2/19/2026	8/22/2024		7,564		7,549
	14,661	8099106, 4.87%, 2/19/2026	8/22/2024		14,073		14,048
	6,551	8099477, 4.56%, 2/19/2026	8/22/2024		6,301		6,296
	8,178	8099692, 4.57%, 2/19/2026	8/22/2024		7,896		7,273
	620	8099878, 4.53%, 2/19/2026	8/22/2024		610		596
	7,536	8099940, 4.56%, 2/19/2026	8/22/2024		7,229		7,288
	3,931	8100114, 4.57%, 2/19/2026	8/22/2024		3,729		3,862
	13,049	8100189, 4.56%, 2/19/2026	8/22/2024		12,576		12,417
	4,715	8100396, 4.87%, 2/19/2026	8/22/2024		4,555		3,984
	3,688	8100498, 4.56%, 2/19/2026	8/22/2024		3,540		3,575
	36,856	8100570, 4.87%, 2/19/2026	8/22/2024		34,754		36,258
	36,749	8101162, 4.87%, 2/19/2026	8/22/2024		35,029		35,836
	523	8101822, 4.52%, 2/19/2026	8/22/2024		517		483
	3,601	8101838, 5.67%, 2/19/2026	8/22/2024		3,487		3,180
	2,797	8101891, 4.87%, 2/19/2026	8/22/2024		2,695		2,615

See Notes to Financial Statements.

152 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,873	8101928, 4.57%, 2/19/2026	8/22/2024		1,779	$	1,839
	1,908	8101971, 6.03%, 2/19/2026	8/22/2024		1,829		1,828
	4,763	8102032, 6.03%, 2/19/2026	8/22/2024		4,600		4,514
	11,513	8102137, 5.12%, 2/19/2026	8/22/2024		10,743		11,325
	2,086	8102625, 4.56%, 2/20/2026	8/23/2024		1,991		2,041
	7,516	8102741, 6.16%, 2/20/2026	8/23/2024		7,206		7,175
	8,543	8103114, 5.91%, 2/20/2026	8/23/2024		8,133		8,276
	3,978	8103554, 4.56%, 2/20/2026	8/23/2024		3,825		3,819
	4,142	8103668, 5.18%, 2/20/2026	8/23/2024		3,932		4,020
	15,569	8103782, 5.12%, 2/20/2026	8/23/2024		14,920		14,911
	5,570	8104114, 4.56%, 2/20/2026	8/23/2024		5,274		5,477
	10,818	8104288, 5.67%, 2/20/2026	8/23/2024		10,396		10,258
	14,218	8104507, 4.87%, 2/20/2026	8/23/2024		13,396		13,980
	1,523	8104683, 5.91%, 2/20/2026	8/23/2024		1,455		1,421
	10,576	8104746, 5.91%, 2/20/2026	8/23/2024		10,383		8,023
	2,027	8104871, 5.67%, 2/20/2026	8/23/2024		1,969		1,470
	801	8104893, 5.92%, 2/20/2026	8/23/2024		763		770
	21,302	8104905, 4.87%, 2/20/2026	8/23/2024		20,198		20,880
	11,616	8105202, 4.87%, 2/20/2026	8/23/2024		11,163		11,108
	4,692	8105326, 5.90%, 2/20/2026	8/23/2024		4,530		4,286
	999	8105403, 4.53%, 2/20/2026	8/23/2024		992		571
	33,649	8105414, 5.30%, 2/20/2026	8/23/2024		32,374		31,733
	1,918	8105749, 4.57%, 2/20/2026	8/23/2024		1,851		1,711
	3,112	8105754, 6.03%, 2/20/2026	8/23/2024		3,030		2,533
	41,461	8105775, 4.87%, 2/20/2026	8/23/2024		40,019		38,558
	2,592	8106194, 4.56%, 2/21/2026	8/26/2024		2,488		2,505
	8,756	8106341, 4.56%, 2/21/2026	8/26/2024		8,477		7,607
	432	8106560, 5.39%, 2/21/2026	8/26/2024		417		411
	4,372	8106571, 5.18%, 2/21/2026	8/26/2024		4,191		4,181
	3,989	8106705, 4.88%, 2/21/2026	8/26/2024		3,832		3,790
	3,736	8106803, 4.57%, 2/21/2026	8/26/2024		3,576		3,638
	11,101	8106921, 5.30%, 2/21/2026	8/26/2024		10,274		10,965
	16,888	8107573, 5.67%, 2/21/2026	8/26/2024		16,302		15,539
	4,867	8107782, 6.28%, 2/21/2026	8/26/2024		4,692		4,419
	44,566	8107825, 5.21%, 2/21/2026	8/26/2024		44,000		22,450
	10,071	8108271, 5.48%, 2/21/2026	8/26/2024		9,673		9,459
	826	8108660, 5.90%, 2/21/2026	8/26/2024		781		799
	4,290	8108677, 4.89%, 2/21/2026	8/26/2024		4,026		4,223
	6,078	8108789, 5.12%, 2/21/2026	8/26/2024		5,859		5,563
	30,561	8108914, 4.87%, 2/21/2026	8/26/2024		29,631		24,722
	9,121	8109080, 5.18%, 2/21/2026	8/26/2024		8,835		6,988
	1,045	8109141, 5.92%, 2/21/2026	8/26/2024		1,027		789
	33,558	8109147, 4.56%, 2/21/2026	8/26/2024		31,647		33,006
	2,010	8111503, 4.74%, 2/22/2026	8/27/2024		1,991		1,553
	2,733	8111723, 5.44%, 2/22/2026	8/27/2024		2,608		2,612

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 153

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	13,930	8111807, 4.91%, 2/22/2026	8/27/2024		13,311	$	13,483
	688	8112469, 5.16%, 2/22/2026	8/27/2024		650		673
	9,374	8112510, 6.19%, 2/22/2026	8/27/2024		8,835		9,077
	9,506	8112886, 4.58%, 2/22/2026	8/27/2024		9,059		9,301
	1,129	8113073, 6.24%, 2/22/2026	8/27/2024		1,078		1,091
	5,208	8113115, 4.89%, 2/22/2026	8/27/2024		4,983		5,025
	12,462	8113202, 5.92%, 2/22/2026	8/27/2024		11,883		11,913
	41,844	8113441, 4.58%, 2/22/2026	8/27/2024		39,851		40,949
	9,307	8114192, 5.20%, 2/22/2026	8/27/2024		8,929		8,839
	929	8114338, 5.69%, 2/22/2026	8/27/2024		893		851
	296	8114359, 5.20%, 2/22/2026	8/27/2024		287		285
	3,433	8114368, 4.59%, 2/22/2026	8/27/2024		3,306		3,076
	54,779	8114457, 4.58%, 2/22/2026	8/27/2024		52,462		53,233
	10,290	8115345, 5.69%, 2/23/2026	8/28/2024		9,936		9,107
	3,501	8115559, 6.18%, 2/23/2026	8/28/2024		3,417		646
	23,664	8115644, 4.89%, 2/23/2026	8/28/2024		22,621		22,813
	9,977	8116427, 4.89%, 2/23/2026	8/28/2024		9,647		8,338
	19,009	8116578, 5.69%, 2/23/2026	8/28/2024		18,147		18,339
	1,720	8117054, 4.58%, 2/23/2026	8/28/2024		1,643		1,678
	19,559	8117111, 6.24%, 2/23/2026	8/28/2024		18,391		19,012
	10,334	8117921, 5.44%, 2/23/2026	8/28/2024		9,840		9,936
	2,039	8118175, 4.56%, 2/23/2026	8/28/2024		2,026		(34	)
	4,229	8118215, 4.58%, 2/23/2026	8/28/2024		4,035		4,127
	779	8118321, 5.41%, 2/23/2026	8/28/2024		758		745
	1,365	8118355, 6.19%, 2/23/2026	8/28/2024		1,248		1,348
	553	8118416, 4.52%, 2/23/2026	8/28/2024		547		503
	4,237	8118649, 6.18%, 2/24/2026	8/29/2024		3,971		4,128
	3,197	8118738, 5.14%, 2/24/2026	8/29/2024		3,061		3,035
	1,248	8118767, 4.75%, 2/24/2026	8/29/2024		1,237		495
	4,453	8118784, 6.09%, 2/24/2026	8/29/2024		4,339		3,968
	432	8118837, 6.07%, 2/24/2026	8/29/2024		417		411
	5,673	8118848, 6.09%, 2/24/2026	8/29/2024		5,580		799
	2,173	8118908, 5.50%, 2/24/2026	8/29/2024		2,072		2,091
	1,182	8118942, 4.58%, 2/24/2026	8/29/2024		1,133		1,136
	444	8118960, 6.08%, 2/24/2026	8/29/2024		418		433
	2,564	8118971, 4.91%, 2/24/2026	8/29/2024		2,436		2,504
	9,006	8119000, 4.58%, 2/24/2026	8/29/2024		8,607		8,768
	4,811	8119107, 4.58%, 2/24/2026	8/29/2024		4,611		4,651
	1,373	8119198, 4.59%, 2/24/2026	8/29/2024		1,309		1,342
	2,611	8119227, 5.70%, 2/24/2026	8/29/2024		2,517		1,970
	785	8119257, 4.75%, 2/24/2026	8/29/2024		773		727
	7,723	8119265, 4.91%, 2/24/2026	8/29/2024		7,392		7,444
	1,680	8119378, 6.09%, 2/24/2026	8/29/2024		1,641		1,426
	3,766	8119402, 5.19%, 2/24/2026	8/29/2024		3,622		2,994
	7,499	8119440, 4.58%, 2/24/2026	8/29/2024		7,127		7,347

See Notes to Financial Statements.

154 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,240	8119545, 6.09%, 2/24/2026	8/29/2024		1,208	$	1,139
	2,704	8119576, 5.41%, 2/25/2026	8/29/2024		2,613		2,605
	9,545	8119664, 4.57%, 2/25/2026	8/29/2024		9,170		9,163
	5,517	8119788, 5.91%, 2/25/2026	8/29/2024		5,281		5,221
	5,990	8119884, 4.57%, 2/25/2026	8/29/2024		5,769		5,363
	890	8119944, 5.93%, 2/25/2026	8/29/2024		867		750
	13,684	8119951, 5.19%, 2/25/2026	8/29/2024		13,088		13,076
	17,540	8120141, 4.57%, 2/25/2026	8/29/2024		16,660		17,186
	2,591	8120694, 5.30%, 2/26/2026	8/29/2024		2,475		2,486
	6,119	8120719, 4.56%, 2/26/2026	8/29/2024		5,845		5,967
	1,054	8120933, 4.90%, 2/26/2026	8/29/2024		985		1,039
	1,972	8120976, 4.89%, 2/26/2026	8/29/2024		1,878		1,919
	6,864	8121045, 4.56%, 2/26/2026	8/29/2024		6,546		6,703
	2,887	8121302, 5.42%, 2/26/2026	8/29/2024		2,760		2,752
	2,057	8121539, 4.56%, 2/26/2026	8/29/2024		1,972		1,993
	1,820	8121577, 6.17%, 2/26/2026	8/29/2024		1,723		1,760
	11,305	8121665, 4.56%, 2/26/2026	8/29/2024		10,789		11,024
	2,265	8121990, 5.18%, 2/26/2026	8/29/2024		2,172		2,149
	1,422	8122019, 4.87%, 2/26/2026	8/29/2024		1,358		1,378
	13,742	8122042, 5.42%, 2/26/2026	8/29/2024		12,970		13,376
	6,362	8122314, 4.57%, 2/26/2026	8/29/2024		6,106		6,107
	2,180	8122454, 5.92%, 2/26/2026	8/29/2024		2,103		2,019
	31,931	8122548, 4.56%, 2/26/2026	8/29/2024		30,640		30,672
	14,552	8123047, 5.12%, 2/26/2026	8/29/2024		13,693		14,256
	71,402	8123360, 5.67%, 2/26/2026	8/29/2024		69,116		62,589
	434	8124260, 5.10%, 2/26/2026	8/29/2024		409		425
	30,215	8124278, 5.12%, 2/26/2026	8/29/2024		28,753		29,292
	5,084	8124441, 4.89%, 2/27/2026	8/30/2024		4,869		4,871
	10,094	8124754, 6.41%, 2/27/2026	8/30/2024		9,780		9,097
	3,049	8125141, 4.54%, 2/27/2026	8/30/2024		2,992		2,929
	1,527	8125456, 5.19%, 2/27/2026	8/30/2024		1,470		1,395
	4,566	8125485, 4.56%, 2/27/2026	8/30/2024		4,319		4,486
	1,448	8125678, 4.56%, 2/27/2026	8/30/2024		1,386		1,407
	19,191	8125742, 4.56%, 2/27/2026	8/30/2024		18,368		18,611
	147	8126078, 4.74%, 2/27/2026	8/30/2024		137		144
	3,406	8126105, 4.57%, 2/27/2026	8/30/2024		3,267		3,269
	3,002	8126155, 4.57%, 2/27/2026	8/30/2024		2,883		2,879
	1,244	8126215, 5.91%, 2/27/2026	8/30/2024		1,202		1,092
	4,883	8126252, 4.56%, 2/27/2026	8/30/2024		4,668		4,751
	1,064	8126383, 6.07%, 2/27/2026	8/30/2024		991		1,039
	6,131	8126439, 4.56%, 2/27/2026	8/30/2024		5,878		5,925
	10,140	8126521, 4.89%, 2/27/2026	8/30/2024		9,557		9,966
	2,684	8126695, 4.87%, 2/27/2026	8/30/2024		2,531		2,637
	3,799	8126741, 5.48%, 2/27/2026	8/30/2024		3,670		3,382
	5,301	8126778, 4.53%, 2/27/2026	8/30/2024		5,250		4,180

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 155

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	517	8126904, 6.44%, 2/27/2026	8/30/2024		500	$	478
	6,968	8126927, 4.57%, 2/27/2026	8/30/2024		6,653		6,790
	5,036	8127029, 5.67%, 2/27/2026	8/30/2024		4,822		4,775
	22,145	8127111, 5.91%, 2/27/2026	8/30/2024		21,148		21,236
	3,341	8127621, 4.74%, 2/27/2026	8/30/2024		3,277		3,204
	11,338	8127696, 4.89%, 2/27/2026	8/30/2024		10,832		10,974
	870	8127833, 6.17%, 2/27/2026	8/30/2024		829		833
	7,643	8127890, 5.30%, 2/27/2026	8/30/2024		7,335		7,235
	7,962	8128086, 4.56%, 2/28/2026	9/3/2024		7,639		7,640
	2,315	8128354, 5.67%, 2/28/2026	9/3/2024		2,176		2,250
	5,125	8128452, 5.42%, 2/28/2026	9/3/2024		4,874		4,927
	16,683	8128589, 5.67%, 2/28/2026	9/3/2024		16,064		14,830
	1,058	8129044, 5.68%, 2/28/2026	9/3/2024		1,005		1,010
	2,179	8129064, 4.88%, 2/28/2026	9/3/2024		2,087		2,082
	2,819	8129133, 5.18%, 2/28/2026	9/3/2024		2,616		2,770
	6,722	8129205, 4.57%, 2/28/2026	9/3/2024		6,395		6,570
	13,407	8129594, 4.89%, 2/28/2026	9/3/2024		12,781		12,997
	4,016	8129796, 4.56%, 2/28/2026	9/3/2024		3,824		3,929
	1,252	8129812, 4.73%, 2/28/2026	9/3/2024		1,218		1,205
	6,167	8129819, 6.16%, 2/28/2026	9/3/2024		5,962		2,035
	2,665	8129852, 5.90%, 2/28/2026	9/3/2024		2,406		2,576
	64,283	8129880, 5.42%, 2/28/2026	9/3/2024		61,968		57,883
	1,546	8130749, 5.67%, 2/28/2026	9/3/2024		1,471		1,476
	42,997	8130765, 4.89%, 2/28/2026	9/3/2024		41,468		36,629
	5,420	8131182, 5.43%, 2/28/2026	9/3/2024		5,185		5,158
	18,015	8131229, 5.67%, 2/28/2026	9/3/2024		17,050		17,323
	7,448	8135169, 4.60%, 2/28/2026	9/4/2024		7,077		7,288
	6,263	8135397, 4.60%, 2/28/2026	9/4/2024		6,011		5,968
	4,257	8135555, 4.60%, 2/28/2026	9/4/2024		4,035		4,177
	4,617	8135854, 6.33%, 2/28/2026	9/4/2024		4,349		4,443
	1,376	8136068, 5.95%, 2/28/2026	9/4/2024		1,301		1,331
	788	8136143, 5.70%, 2/28/2026	9/4/2024		747		757
	1,559	8136171, 5.44%, 2/28/2026	9/4/2024		1,474		1,515
	334	8136291, 5.25%, 2/28/2026	9/4/2024		320		323
	2,311	8136305, 4.60%, 2/28/2026	9/4/2024		2,202		2,253
	7,908	8136365, 4.60%, 2/28/2026	9/4/2024		7,578		7,633
	17,918	8136524, 5.53%, 2/28/2026	9/4/2024		16,985		17,288
	4,022	8136869, 6.21%, 2/28/2026	9/4/2024		3,849		3,769
	5,124	8136963, 4.93%, 2/28/2026	9/4/2024		4,889		4,935
	29,716	8137057, 6.21%, 2/28/2026	9/4/2024		28,088		28,775
	1,645	8137607, 4.92%, 2/28/2026	9/4/2024		1,565		1,603
	2,179	8137637, 4.93%, 2/28/2026	9/4/2024		2,064		2,131
	52,712	8137667, 5.22%, 2/28/2026	9/4/2024		50,558		49,451
	25,792	8138453, 4.60%, 2/28/2026	9/4/2024		24,805		24,430
	694	8139081, 6.13%, 2/28/2026	9/5/2024		652		674

See Notes to Financial Statements.

156 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	768	8139124, 4.61%, 2/28/2026	9/5/2024		720		$	757
	5,841	8139172, 5.96%, 2/28/2026	9/5/2024		5,628			5,143
	1,135	8139355, 4.61%, 2/28/2026	9/5/2024		1,088			1,099
	18	8139381, 4.79%, 2/28/2026	9/5/2024		(1	)		13
	594	8139546, 5.99%, 2/28/2026	9/5/2024		577			390
	19,861	8139588, 5.23%, 2/28/2026	9/5/2024		19,134			15,702
	1,979	8140113, 4.61%, 2/28/2026	9/5/2024		1,894			1,909
	2,083	8140225, 5.16%, 2/28/2026	9/5/2024		1,945			2,044
	331	8140349, 6.35%, 2/28/2026	9/5/2024		302			326
	3,641	8140372, 4.61%, 2/28/2026	9/5/2024		3,491			3,490
	33,710	8140485, 4.94%, 2/28/2026	9/5/2024		32,418			31,271
	2,401	8141050, 4.62%, 2/28/2026	9/5/2024		2,297			2,326
	334	8141085, 4.56%, 2/28/2026	9/5/2024		323			322
	11,177	8141092, 4.61%, 2/28/2026	9/5/2024		10,663			10,864
	20,072	8141325, 4.61%, 2/28/2026	9/5/2024		19,234			19,357
	5,173	8141675, 5.48%, 2/28/2026	9/5/2024		4,903			5,015
	6,777	8141778, 5.23%, 2/28/2026	9/5/2024		6,454			6,516
	4,629	8141921, 5.96%, 2/28/2026	9/5/2024		4,447			4,232
	6,491	8142024, 6.22%, 2/28/2026	9/5/2024		6,298			4,240
	4,454	8142130, 4.61%, 2/28/2026	9/5/2024		4,252			4,331
	2,826	8142212, 4.94%, 2/28/2026	9/5/2024		2,706			2,702
	4,145	8142345, 4.61%, 2/28/2026	9/5/2024		3,959			4,031
	1,180	8142447, 5.96%, 2/28/2026	9/5/2024		1,110			1,148
	2,492	8142498, 5.47%, 2/28/2026	9/5/2024		2,393			2,254
	2,156	8142534, 5.49%, 2/28/2026	9/6/2024		1,999			2,116
	2,051	8142570, 5.48%, 2/28/2026	9/6/2024		1,952			1,956
	4,332	8142611, 5.97%, 2/28/2026	9/6/2024		4,100			4,172
	1,309	8142688, 6.13%, 2/28/2026	9/6/2024		1,284			614
	2,530	8142695, 5.24%, 2/28/2026	9/6/2024		2,362			2,481
	565	8142749, 4.79%, 2/28/2026	9/6/2024		519			553
	3,670	8142835, 4.62%, 2/28/2026	9/6/2024		3,520			3,518
	11,075	8142892, 5.24%, 2/28/2026	9/6/2024		10,615			10,402
	1,508	8143050, 5.96%, 2/28/2026	9/6/2024		1,443			1,335
	707	8143074, 6.22%, 2/28/2026	9/6/2024		652			691
	1,149	8143096, 4.62%, 2/28/2026	9/6/2024		1,072			1,133
	3,350	8143121, 4.61%, 2/28/2026	9/6/2024		3,208			3,217
	392	8143176, 6.13%, 2/28/2026	9/6/2024		377			372
	8,877	8143184, 4.62%, 2/28/2026	9/6/2024		8,463			8,644
	780	8143294, 5.24%, 2/28/2026	9/6/2024		747			739
	5,537	8143299, 6.14%, 2/28/2026	9/6/2024		5,425			1,169
	3,475	8143355, 6.14%, 2/28/2026	9/6/2024		3,364			3,203
	886	8143421, 5.47%, 3/1/2026	9/6/2024		869			741
	3,396	8143435, 5.95%, 3/1/2026	9/6/2024		3,296			2,070
	11,864	8143457, 5.47%, 3/1/2026	9/6/2024		11,132			11,575
	21,507	8143639, 5.95%, 3/1/2026	9/6/2024		20,246			20,907

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 157

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,223	8144069, 4.61%, 3/1/2026	9/6/2024		1,173	$	1,172
	16,169	8144083, 4.94%, 3/1/2026	9/6/2024		15,464		15,471
	2,793	8144246, 6.35%, 3/1/2026	9/6/2024		2,680		2,524
	2,334	8144310, 5.22%, 3/1/2026	9/6/2024		2,249		1,026
	4,011	8144331, 4.93%, 3/1/2026	9/6/2024		3,742		3,949
	868	8144406, 5.96%, 3/2/2026	9/6/2024		825		821
	1,193	8144427, 5.21%, 3/2/2026	9/6/2024		1,104		1,175
	1,592	8144463, 6.45%, 3/2/2026	9/6/2024		1,522		1,516
	12,898	8144502, 6.33%, 3/2/2026	9/6/2024		12,244		12,060
	2,237	8144663, 6.20%, 3/2/2026	9/6/2024		2,136		2,130
	36,863	8144678, 4.60%, 3/2/2026	9/6/2024		35,424		33,066
	6,522	8144948, 4.93%, 3/2/2026	9/6/2024		6,240		6,240
	5,339	8145025, 6.33%, 3/2/2026	9/6/2024		5,099		5,044
	7,430	8145102, 5.95%, 3/2/2026	9/6/2024		7,199		5,131
	2,400	8145164, 4.60%, 3/2/2026	9/6/2024		2,301		2,284
	40,983	8145179, 4.93%, 3/2/2026	9/6/2024		38,717		40,138
	6,066	8146243, 5.21%, 3/3/2026	9/6/2024		5,824		5,540
	2,433	8146424, 6.19%, 3/3/2026	9/6/2024		2,015		2,194
	3,873	8146629, 5.70%, 3/3/2026	9/6/2024		3,674		3,725
	1,962	8146730, 5.21%, 3/3/2026	9/6/2024		1,872		1,879
	574	8146773, 6.08%, 3/3/2026	9/6/2024		558		513
	24,403	8146798, 6.20%, 3/3/2026	9/6/2024		23,527		20,954
	3,997	8147293, 5.21%, 3/3/2026	9/6/2024		3,736		3,917
	17,800	8147393, 4.59%, 3/3/2026	9/6/2024		17,030		17,235
	598	8147569, 6.30%, 3/3/2026	9/6/2024		572		563
	5,237	8147579, 4.59%, 3/3/2026	9/6/2024		4,974		5,126
	12,414	8147662, 4.59%, 3/3/2026	9/6/2024		11,878		12,019
	52,302	8147889, 4.90%, 3/3/2026	9/6/2024		50,234		48,792
	3,774	8148647, 6.45%, 3/3/2026	9/6/2024		3,682		2,010
	7,239	8148685, 6.20%, 3/3/2026	9/6/2024		6,829		7,012
	45,164	8148853, 4.59%, 3/3/2026	9/6/2024		43,132		43,907
	13,037	8149421, 4.92%, 3/3/2026	9/9/2024		12,239		12,803
	6,319	8149962, 4.59%, 3/4/2026	9/9/2024		6,047		6,108
	26,608	8150144, 4.92%, 3/4/2026	9/9/2024		25,340		25,764
	14,356	8150737, 5.70%, 3/4/2026	9/9/2024		13,737		13,544
	18,344	8150998, 5.21%, 3/4/2026	9/9/2024		17,323		17,828
	19,220	8151352, 4.92%, 3/4/2026	9/9/2024		18,333		18,511
	13,193	8151627, 4.92%, 3/4/2026	9/9/2024		12,584		12,758
	2,530	8151810, 6.45%, 3/4/2026	9/9/2024		2,471		524
	3,434	8151821, 4.59%, 3/4/2026	9/9/2024		3,273		3,346
	6,509	8151881, 5.93%, 3/4/2026	9/9/2024		6,202		6,162
	5,469	8151957, 4.59%, 3/4/2026	9/9/2024		5,234		5,270
	4,197	8152039, 5.20%, 3/4/2026	9/9/2024		3,974		4,062
	19,879	8152110, 5.70%, 3/4/2026	9/9/2024		18,724		19,340
	595	8152443, 6.09%, 3/4/2026	9/9/2024		556		581

See Notes to Financial Statements.

158 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	4,909	8152472, 4.92%, 3/4/2026	9/9/2024		4,682		$	4,744
	5,317	8152501, 6.10%, 3/4/2026	9/9/2024		5,067			5,123
	3,151	8152614, 5.94%, 3/4/2026	9/9/2024		2,998			3,004
	8,391	8152684, 5.45%, 3/4/2026	9/9/2024		7,837			8,215
	3,504	8152842, 5.43%, 3/4/2026	9/9/2024		3,390			3,342
	2,012	8152914, 4.59%, 3/4/2026	9/9/2024		1,892			1,979
	801	8152951, 4.75%, 3/4/2026	9/9/2024		793			309
	21,272	8152967, 5.93%, 3/4/2026	9/9/2024		20,310			20,075
	2,238	8155014, 4.60%, 3/5/2026	9/10/2024		2,128			2,183
	8,385	8155128, 5.23%, 3/5/2026	9/10/2024		7,948			8,105
	2,624	8155343, 5.72%, 3/5/2026	9/10/2024		2,505			2,366
	2,390	8155446, 5.45%, 3/5/2026	9/10/2024		2,341			1,796
	762	8155495, 6.12%, 3/5/2026	9/10/2024		719			739
	6,792	8155539, 4.61%, 3/5/2026	9/10/2024		6,522			6,435
	3,587	8155762, 4.94%, 3/5/2026	9/10/2024		3,419			3,472
	899	8155866, 6.45%, 3/5/2026	9/10/2024		867			789
	1,158	8155885, 5.43%, 3/5/2026	9/10/2024		1,134			971
	1,022	8155922, 6.48%, 3/5/2026	9/10/2024		992			270
	2,156	8155957, 4.95%, 3/5/2026	9/10/2024		2,087			926
	6,418	8156077, 4.93%, 3/5/2026	9/10/2024		6,092			6,241
	17,336	8156215, 5.23%, 3/5/2026	9/10/2024		16,323			16,905
	4,946	8156755, 4.61%, 3/5/2026	9/10/2024		4,719			4,809
	3,577	8156864, 6.22%, 3/5/2026	9/10/2024		3,416			3,354
	1,751	8156915, 6.12%, 3/5/2026	9/10/2024		1,618			1,712
	6,327	8156964, 5.47%, 3/5/2026	9/10/2024		6,092			4,958
	5,316	8157054, 4.93%, 3/5/2026	9/10/2024		5,128			4,432
	10,604	8157181, 5.23%, 3/5/2026	9/10/2024		10,151			9,909
	5,054	8157323, 5.23%, 3/5/2026	9/10/2024		4,790			4,874
	3,966	8157419, 5.47%, 3/5/2026	9/10/2024		3,749			3,856
	–	8157504, 5.43%, 3/5/2026	9/10/2024		(120	)		–
	2,693	8157519, 6.13%, 3/5/2026	9/10/2024		2,633			707
	4,059	8157570, 4.94%, 3/5/2026	9/10/2024		3,873			3,906
	59,034	8157640, 4.61%, 3/5/2026	9/10/2024		55,735			57,998
	801	8158421, 6.14%, 3/5/2026	9/10/2024		760			775
	1,889	8158431, 5.95%, 3/5/2026	9/10/2024		1,785			1,822
	49,792	8158462, 5.47%, 3/5/2026	9/10/2024		46,747			48,550
	10,347	8158962, 4.61%, 3/6/2026	9/11/2024		9,915			9,906
	1,033	8159174, 5.96%, 3/6/2026	9/11/2024		985			976
	945	8159217, 5.47%, 3/6/2026	9/11/2024		928			508
	1,545	8159237, 6.22%, 3/6/2026	9/11/2024		1,482			1,396
	14,014	8159256, 4.61%, 3/6/2026	9/11/2024		13,338			13,657
	6,462	8159588, 5.72%, 3/6/2026	9/11/2024		6,151			6,131
	7,142	8159911, 5.22%, 3/6/2026	9/11/2024		6,769			6,904
	11,374	8160164, 5.72%, 3/6/2026	9/11/2024		10,704			11,005
	4,900	8160417, 4.94%, 3/6/2026	9/11/2024		4,658			4,762

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 159

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,195	8160554, 5.49%, 3/6/2026	9/11/2024		1,138	$	1,136
	11,834	8160569, 5.47%, 3/6/2026	9/11/2024		11,382		9,364
	617	8160692, 5.44%, 3/6/2026	9/11/2024		590		598
	4,123	8160718, 4.78%, 3/6/2026	9/11/2024		4,008		3,957
	47,784	8160824, 4.94%, 3/6/2026	9/11/2024		45,678		45,645
	2,582	8161524, 6.34%, 3/6/2026	9/11/2024		2,461		2,439
	2,052	8161575, 4.95%, 3/6/2026	9/11/2024		1,952		1,989
	2,681	8161621, 5.96%, 3/6/2026	9/11/2024		2,586		1,967
	35,350	8161688, 5.47%, 3/6/2026	9/11/2024		33,459		34,214
	1,264	8162246, 6.34%, 3/7/2026	9/12/2024		1,206		1,177
	5,239	8162299, 5.23%, 3/7/2026	9/12/2024		5,012		4,905
	4,091	8162359, 5.95%, 3/7/2026	9/12/2024		3,941		3,042
	17,257	8162395, 4.94%, 3/7/2026	9/12/2024		16,176		16,959
	920	8162694, 4.92%, 3/7/2026	9/12/2024		858		906
	4,795	8162709, 4.61%, 3/7/2026	9/12/2024		4,590		4,597
	12,941	8162766, 4.93%, 3/7/2026	9/12/2024		12,366		11,699
	461	8162940, 6.14%, 3/7/2026	9/12/2024		416		450
	2,543	8162958, 5.48%, 3/7/2026	9/12/2024		2,441		2,290
	3,097	8162984, 5.95%, 3/7/2026	9/12/2024		2,950		2,927
	1,060	8163029, 5.71%, 3/7/2026	9/12/2024		1,015		976
	4,060	8163105, 4.61%, 3/7/2026	9/12/2024		3,882		3,917
	649	8163184, 5.46%, 3/8/2026	9/12/2024		600		645
	6,873	8163278, 5.22%, 3/8/2026	9/12/2024		6,566		6,508
	2,112	8163357, 6.34%, 3/8/2026	9/12/2024		2,030		1,872
	1,089	8163378, 5.48%, 3/8/2026	9/12/2024		1,031		1,054
	9,465	8163393, 5.71%, 3/8/2026	9/12/2024		9,057		8,734
	14,867	8163510, 4.60%, 3/8/2026	9/12/2024		14,242		14,109
	13,738	8163681, 5.22%, 3/8/2026	9/12/2024		12,755		13,475
	2,298	8163953, 5.94%, 3/8/2026	9/12/2024		2,192		2,169
	14,530	8163983, 5.22%, 3/8/2026	9/12/2024		13,853		13,790
	5,100	8164577, 4.91%, 3/9/2026	9/12/2024		4,848		4,952
	535	8165090, 4.76%, 3/9/2026	9/12/2024		527		379
	3,060	8165098, 5.93%, 3/9/2026	9/12/2024		2,935		2,686
	10,724	8165162, 4.56%, 3/9/2026	9/12/2024		10,614		4,138
	12,133	8165353, 5.93%, 3/9/2026	9/12/2024		11,406		11,791
	3,529	8165591, 6.20%, 3/9/2026	9/12/2024		3,415		1,362
	12,867	8165661, 4.92%, 3/9/2026	9/12/2024		12,273		12,380
	1,259	8165952, 5.42%, 3/9/2026	9/12/2024		1,232		1,059
	6,751	8165984, 5.21%, 3/9/2026	9/12/2024		6,468		6,165
	5,971	8166096, 4.59%, 3/9/2026	9/12/2024		5,704		5,776
	3,666	8166176, 5.21%, 3/9/2026	9/12/2024		3,521		2,952
	10,429	8166231, 5.45%, 3/9/2026	9/12/2024		9,880		10,087
	29,940	8166385, 4.59%, 3/9/2026	9/12/2024		28,411		29,247
	17,182	8166776, 5.70%, 3/9/2026	9/12/2024		16,319		16,407
	1,647	8167063, 4.59%, 3/9/2026	9/12/2024		1,558		1,615

See Notes to Financial Statements.

160 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	17,268	8167088, 5.45%, 3/9/2026	9/12/2024		16,327	$	16,727
	3,529	8167411, 5.21%, 3/9/2026	9/12/2024		3,354		3,387
	3,351	8167690, 4.76%, 3/9/2026	9/12/2024		3,289		3,042
	664	8167759, 6.44%, 3/10/2026	9/13/2024		605		645
	8,008	8167985, 6.19%, 3/10/2026	9/13/2024		7,591		7,632
	7,364	8168357, 6.10%, 3/10/2026	9/13/2024		7,006		7,074
	2,779	8168826, 4.91%, 3/10/2026	9/13/2024		2,637		2,705
	7,205	8168931, 5.21%, 3/10/2026	9/13/2024		6,801		6,970
	5,522	8169107, 5.93%, 3/10/2026	9/13/2024		5,245		5,255
	5,099	8169335, 4.92%, 3/10/2026	9/13/2024		4,884		4,819
	70,610	8169429, 4.59%, 3/10/2026	9/13/2024		67,394		68,377
	4,602	8170633, 5.21%, 3/10/2026	9/13/2024		4,316		4,497
	3,996	8170736, 6.20%, 3/10/2026	9/13/2024		3,784		3,823
	2,775	8170821, 4.59%, 3/10/2026	9/13/2024		2,638		2,711
	730	8170880, 4.59%, 3/10/2026	9/13/2024		695		712
	711	8170883, 4.75%, 3/10/2026	9/13/2024		689		686
	5,129	8170921, 5.21%, 3/10/2026	9/13/2024		4,883		4,907
	790	8170976, 6.35%, 3/10/2026	9/13/2024		756		733
	695	8171002, 6.46%, 3/10/2026	9/13/2024		663		652
	8,966	8171008, 4.92%, 3/10/2026	9/13/2024		8,580		8,512
	7,010	8171180, 4.59%, 3/10/2026	9/13/2024		6,655		6,849
	18,731	8171321, 5.45%, 3/10/2026	9/13/2024		17,784		17,962
	42,922	8171483, 4.92%, 3/11/2026	9/16/2024		40,789		41,673
	2,039	8172722, 6.44%, 3/11/2026	9/16/2024		1,919		1,946
	8,058	8172805, 4.91%, 3/11/2026	9/16/2024		7,641		7,797
	5,244	8172928, 4.59%, 3/11/2026	9/16/2024		5,029		4,718
	1,419	8172945, 4.59%, 3/11/2026	9/16/2024		1,347		1,387
	11,589	8172991, 6.20%, 3/11/2026	9/16/2024		10,718		11,298
	3,660	8173410, 6.11%, 3/11/2026	9/16/2024		3,497		3,467
	7,861	8173481, 5.93%, 3/11/2026	9/16/2024		7,465		7,465
	1,978	8173618, 5.43%, 3/11/2026	9/16/2024		1,894		1,897
	3,564	8173659, 4.91%, 3/11/2026	9/16/2024		3,418		3,311
	2,390	8173691, 5.22%, 3/11/2026	9/16/2024		2,295		1,916
	1,023	8173704, 6.19%, 3/11/2026	9/16/2024		975		971
	907	8173735, 4.91%, 3/11/2026	9/16/2024		843		895
	2,383	8173760, 5.42%, 3/11/2026	9/16/2024		2,337		1,519
	22,796	8173786, 4.59%, 3/11/2026	9/16/2024		21,652		22,272
	47,664	8174048, 5.70%, 3/11/2026	9/16/2024		45,268		45,413
	3,521	8176748, 6.22%, 3/12/2026	9/17/2024		3,359		3,234
	23,530	8176890, 4.94%, 3/12/2026	9/17/2024		22,449		22,459
	6,951	8177430, 4.93%, 3/12/2026	9/17/2024		6,688		5,822
	1,769	8177590, 5.44%, 3/12/2026	9/17/2024		1,730		1,372
	971	8177658, 6.47%, 3/12/2026	9/17/2024		896		946
	11,383	8177695, 6.22%, 3/12/2026	9/17/2024		10,899		9,550
	5,065	8178154, 5.96%, 3/12/2026	9/17/2024		4,848		4,516

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 161

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	7,238	8178246, 4.61%, 3/12/2026	9/17/2024		6,888		$	7,044
	1,293	8178413, 5.97%, 3/12/2026	9/17/2024		1,222			1,244
	15,079	8178469, 4.94%, 3/12/2026	9/17/2024		14,349			14,581
	901	8178733, 6.49%, 3/12/2026	9/17/2024		859			844
	1,747	8178757, 4.95%, 3/12/2026	9/17/2024		1,674			1,627
	1,002	8178771, 6.34%, 3/12/2026	9/17/2024		938			965
	69,532	8178783, 4.61%, 3/12/2026	9/17/2024		66,497			66,625
	17,303	8179768, 5.72%, 3/12/2026	9/17/2024		16,409			16,478
	13,781	8179950, 5.95%, 3/12/2026	9/17/2024		12,955			13,295
	6,767	8180176, 5.96%, 3/12/2026	9/17/2024		6,422			6,452
	6,088	8180317, 4.61%, 3/12/2026	9/17/2024		5,812			5,890
	3,190	8180410, 6.34%, 3/12/2026	9/17/2024		2,926			3,114
	3,959	8180525, 4.61%, 3/12/2026	9/17/2024		3,812			3,444
	7,973	8180825, 6.34%, 3/13/2026	9/18/2024		7,500			7,628
	2,117	8181084, 5.95%, 3/13/2026	9/18/2024		1,970			2,067
	8,957	8181196, 4.61%, 3/13/2026	9/18/2024		8,558			8,617
	1,748	8181419, 6.21%, 3/13/2026	9/18/2024		1,674			1,572
	5,019	8181459, 4.61%, 3/13/2026	9/18/2024		4,792			4,837
	800	8181592, 6.49%, 3/13/2026	9/18/2024		760			752
	1,820	8181656, 6.21%, 3/13/2026	9/18/2024		1,757			722
	4,125	8181693, 5.23%, 3/13/2026	9/18/2024		3,944			3,760
	21,457	8181766, 4.61%, 3/13/2026	9/18/2024		20,543			20,319
	3,708	8182215, 4.61%, 3/13/2026	9/18/2024		3,559			3,320
	1,635	8182256, 5.71%, 3/13/2026	9/18/2024		1,549			1,562
	4,601	8182268, 4.94%, 3/13/2026	9/18/2024		4,396			4,365
	18,926	8182360, 5.23%, 3/13/2026	9/18/2024		17,687			18,501
	199	8182825, 4.79%, 3/13/2026	9/18/2024		185			194
	27,775	8182865, 4.94%, 3/13/2026	9/18/2024		26,322			26,996
	334	8183323, 5.47%, 3/13/2026	9/18/2024		318			323
	5,418	8183340, 4.61%, 3/13/2026	9/18/2024		5,159			5,264
	1,428	8183431, 4.79%, 3/13/2026	9/18/2024		1,378			1,372
	6,796	8183509, 4.61%, 3/13/2026	9/18/2024		6,479			6,580
	1,053	8183691, 6.13%, 3/13/2026	9/18/2024		1,011			981
	4,244	8183730, 6.13%, 3/13/2026	9/18/2024		4,019			4,086
	9,116	8183813, 4.61%, 3/13/2026	9/18/2024		8,695			8,826
	5,240	8183905, 5.22%, 3/13/2026	9/18/2024		4,963			5,057
	4,239	8184078, 4.60%, 3/13/2026	9/18/2024		4,064			3,819
	3,275	8184166, 4.94%, 3/13/2026	9/18/2024		3,130			3,101
	5,223	8184228, 5.53%, 3/13/2026	9/18/2024		4,974			4,948
	8,468	8184242, 6.13%, 3/14/2026	9/19/2024		8,181			7,296
	–	8184371, 4.61%, 3/14/2026	9/19/2024		(56	)		(24	)
	5,577	8184414, 6.34%, 3/14/2026	9/19/2024		5,329			5,048
	1,046	8184471, 5.96%, 3/14/2026	9/19/2024		993			990
	13,620	8184483, 4.61%, 3/14/2026	9/19/2024		13,038			12,905
	1,078	8184615, 6.45%, 3/14/2026	9/19/2024		1,027			1,008

See Notes to Financial Statements.

162 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	3,159	8184628, 4.94%, 3/14/2026	9/19/2024		2,995		$	3,065
	3,951	8184668, 4.60%, 3/14/2026	9/19/2024		3,766			3,818
	11,646	8184724, 4.61%, 3/14/2026	9/19/2024		11,102			11,290
	1,984	8184861, 5.23%, 3/14/2026	9/19/2024		1,881			1,908
	3,378	8184887, 4.61%, 3/14/2026	9/19/2024		3,228			3,237
	2,986	8184932, 4.61%, 3/14/2026	9/19/2024		2,835			2,911
	564	8185008, 6.19%, 3/14/2026	9/19/2024		529			546
	2,934	8185022, 5.72%, 3/14/2026	9/19/2024		2,773			2,800
	8,368	8185063, 4.61%, 3/14/2026	9/19/2024		7,879			8,220
	5,421	8185190, 5.94%, 3/15/2026	9/19/2024		5,196			4,789
	10,008	8185263, 4.93%, 3/15/2026	9/19/2024		9,509			9,676
	4,509	8185406, 4.60%, 3/15/2026	9/19/2024		4,312			4,316
	1,048	8185464, 6.45%, 3/15/2026	9/19/2024		1,016			602
	7,773	8185473, 5.47%, 3/15/2026	9/19/2024		7,449			6,982
	1,780	8185538, 5.46%, 3/15/2026	9/19/2024		1,696			1,672
	27,512	8185563, 5.22%, 3/15/2026	9/19/2024		26,178			26,264
	6,843	8185885, 5.22%, 3/15/2026	9/19/2024		6,584			5,250
	320	8185962, 6.45%, 3/15/2026	9/19/2024		291			313
	1,131	8185975, 4.60%, 3/15/2026	9/19/2024		1,077			1,099
	1,562	8185989, 6.11%, 3/15/2026	9/19/2024		1,505			1,434
	930	8186013, 6.11%, 3/15/2026	9/19/2024		879			894
	1,788	8186231, 6.19%, 3/16/2026	9/19/2024		1,722			757
	458	8186245, 6.32%, 3/16/2026	9/19/2024		413			452
	3,255	8186274, 5.94%, 3/16/2026	9/19/2024		3,112			2,887
	19,281	8186316, 4.59%, 3/16/2026	9/19/2024		18,401			18,625
	3,334	8186649, 4.92%, 3/16/2026	9/19/2024		3,148			3,254
	6,113	8186743, 4.59%, 3/16/2026	9/19/2024		5,813			5,949
	2,254	8186962, 5.69%, 3/16/2026	9/19/2024		2,148			2,079
	4,276	8187049, 5.93%, 3/16/2026	9/19/2024		4,109			3,190
	–	8187111, 6.48%, 3/16/2026	9/19/2024		(27	)		(6	)
	19,933	8187116, 6.20%, 3/16/2026	9/19/2024		18,908			18,711
	4,574	8187345, 5.46%, 3/16/2026	9/19/2024		4,381			4,119
	1,646	8187403, 5.93%, 3/16/2026	9/19/2024		1,576			1,465
	–	8187431, 4.93%, 3/16/2026	9/19/2024		(158	)		–
	3,862	8187467, 4.59%, 3/16/2026	9/19/2024		3,705			3,468
	922	8187513, 5.45%, 3/16/2026	9/19/2024		873			889
	1,454	8187534, 6.44%, 3/16/2026	9/19/2024		1,380			1,383
	15,104	8187573, 4.59%, 3/16/2026	9/19/2024		14,378			14,642
	3,501	8187787, 4.59%, 3/16/2026	9/19/2024		3,316			3,420
	1,581	8187834, 4.58%, 3/16/2026	9/19/2024		1,490			1,552
	1,265	8187855, 4.93%, 3/16/2026	9/19/2024		1,190			1,236
	2,955	8187874, 5.70%, 3/16/2026	9/19/2024		2,826			2,646
	1,628	8187933, 5.21%, 3/16/2026	9/19/2024		1,541			1,570
	1,450	8187955, 4.58%, 3/16/2026	9/19/2024		1,379			1,413
	1,509	8187958, 5.43%, 3/16/2026	9/19/2024		1,482			290

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 163

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	9,949	8187961, 4.92%, 3/16/2026	9/19/2024		9,443	$	9,634
	6,892	8188109, 6.20%, 3/16/2026	9/19/2024		6,585		6,254
	2,408	8188237, 5.42%, 3/16/2026	9/19/2024		2,351		1,887
	1,074	8188254, 6.18%, 3/16/2026	9/19/2024		1,017		1,022
	3,298	8188278, 6.20%, 3/16/2026	9/19/2024		3,119		3,138
	2,119	8188325, 6.09%, 3/16/2026	9/19/2024		2,038		1,939
	20,756	8188469, 4.92%, 3/16/2026	9/19/2024		19,622		20,232
	3,181	8188757, 4.93%, 3/16/2026	9/19/2024		3,063		2,548
	18,951	8188790, 5.70%, 3/16/2026	9/19/2024		17,415		18,651
	22,304	8189150, 6.20%, 3/16/2026	9/19/2024		21,203		20,936
	16,722	8189394, 4.59%, 3/16/2026	9/19/2024		15,708		16,444
	17,207	8189625, 4.59%, 3/16/2026	9/19/2024		16,420		16,620
	1,763	8189812, 6.19%, 3/16/2026	9/19/2024		1,661		1,688
	1,481	8189834, 6.19%, 3/16/2026	9/19/2024		1,374		1,443
	10,692	8189854, 5.21%, 3/16/2026	9/19/2024		10,149		10,270
	1,436	8190056, 4.59%, 3/17/2026	9/20/2024		1,356		1,408
	8,141	8190075, 5.21%, 3/17/2026	9/20/2024		7,723		7,820
	455	8190327, 6.07%, 3/17/2026	9/20/2024		434		431
	2,269	8190344, 4.92%, 3/17/2026	9/20/2024		2,141		2,215
	19,350	8190427, 4.92%, 3/17/2026	9/20/2024		18,419		18,686
	5,889	8191103, 4.59%, 3/17/2026	9/20/2024		5,623		5,666
	487	8191208, 6.20%, 3/17/2026	9/20/2024		444		479
	7,194	8191215, 5.21%, 3/17/2026	9/20/2024		6,894		6,489
	1,536	8191300, 5.21%, 3/17/2026	9/20/2024		1,455		1,481
	3,247	8191315, 5.20%, 3/17/2026	9/20/2024		3,124		2,481
	34,743	8191332, 4.59%, 3/17/2026	9/20/2024		33,422		30,366
	1,206	8191737, 5.20%, 3/17/2026	9/20/2024		1,128		1,177
	776	8191783, 6.20%, 3/17/2026	9/20/2024		710		765
	5,021	8191814, 4.92%, 3/17/2026	9/20/2024		4,814		4,298
	1,292	8191859, 4.92%, 3/17/2026	9/20/2024		1,203		1,276
	6,445	8191874, 4.59%, 3/17/2026	9/20/2024		6,166		6,153
	5,394	8191995, 6.44%, 3/17/2026	9/20/2024		5,119		5,041
	8,115	8192119, 4.59%, 3/17/2026	9/20/2024		7,776		7,659
	12,841	8192208, 5.43%, 3/17/2026	9/20/2024		12,591		2,977
	44,372	8192347, 4.59%, 3/17/2026	9/20/2024		42,295		42,866
	3,834	8192751, 4.58%, 3/17/2026	9/20/2024		3,637		3,743
	4,054	8192784, 6.11%, 3/17/2026	9/20/2024		3,887		3,788
	49,233	8192860, 5.93%, 3/17/2026	9/20/2024		46,240		47,688
	19,406	8193564, 4.92%, 3/18/2026	9/23/2024		18,612		16,494
	978	8193868, 6.42%, 3/18/2026	9/23/2024		946		583
	1,248	8193885, 6.46%, 3/18/2026(g)	9/23/2024		1,214		114
	4,750	8193962, 4.59%, 3/18/2026	9/23/2024		4,521		4,604
	4,499	8194063, 4.59%, 3/18/2026	9/23/2024		4,314		4,038
	14,478	8194170, 5.21%, 3/18/2026	9/23/2024		13,832		11,778
	6,852	8194521, 5.93%, 3/18/2026	9/23/2024		6,528		6,360

See Notes to Financial Statements.

164 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,775	8194604, 5.70%, 3/18/2026	9/23/2024		3,584	$	3,569
	12,101	8194671, 4.92%, 3/18/2026	9/23/2024		11,593		11,219
	460	8194955, 5.41%, 3/18/2026	9/23/2024		446		417
	927	8194968, 6.20%, 3/18/2026	9/23/2024		878		881
	9,230	8194990, 4.92%, 3/18/2026	9/23/2024		8,698		9,015
	2,523	8195182, 4.59%, 3/18/2026	9/23/2024		2,409		2,417
	13,483	8195231, 4.59%, 3/18/2026	9/23/2024		12,849		13,016
	6,286	8195386, 4.92%, 3/18/2026	9/23/2024		5,985		6,035
	6,199	8195449, 6.20%, 3/18/2026	9/23/2024		5,722		6,045
	34,145	8195590, 5.45%, 3/18/2026	9/23/2024		32,203		32,961
	45,616	8196099, 5.93%, 3/18/2026	9/23/2024		43,127		43,379
	4,271	8196688, 5.94%, 3/18/2026	9/23/2024		4,003		4,138
	1,073	8196788, 5.93%, 3/18/2026	9/23/2024		1,014		1,009
	12,657	8196814, 4.59%, 3/18/2026	9/23/2024		12,079		12,176
	1,847	8198890, 4.61%, 3/19/2026	9/24/2024		1,758		1,790
	814	8198953, 6.35%, 3/19/2026	9/24/2024		779		716
	5,777	8198965, 4.60%, 3/19/2026	9/24/2024		5,506		5,581
	1,976	8199081, 5.23%, 3/19/2026	9/24/2024		1,859		1,920
	2,075	8199104, 5.96%, 3/19/2026	9/24/2024		1,939		2,010
	407	8199168, 6.23%, 3/19/2026	9/24/2024		372		400
	2,133	8199202, 5.23%, 3/19/2026	9/24/2024		2,054		1,532
	560	8199223, 6.47%, 3/19/2026	9/24/2024		511		549
	7,004	8199330, 4.61%, 3/19/2026	9/24/2024		6,682		6,740
	3,139	8199460, 4.61%, 3/19/2026	9/24/2024		2,975		3,056
	9,709	8199544, 5.45%, 3/19/2026	9/24/2024		9,375		9,067
	2,508	8199823, 5.44%, 3/19/2026	9/24/2024		2,422		2,342
	53,940	8199909, 4.61%, 3/19/2026	9/24/2024		51,596		51,006
	7,790	8200625, 6.22%, 3/19/2026	9/24/2024		7,372		7,378
	27,613	8200794, 6.22%, 3/19/2026	9/24/2024		25,907		26,434
	2,152	8201341, 6.23%, 3/19/2026	9/24/2024		2,031		2,049
	8,732	8201370, 5.23%, 3/19/2026	9/24/2024		8,214		8,484
	3,218	8201559, 6.22%, 3/19/2026	9/24/2024		3,058		2,967
	2,693	8201661, 4.93%, 3/19/2026	9/24/2024		2,556		2,606
	20,466	8201719, 5.47%, 3/19/2026	9/24/2024		19,324		19,659
	46,017	8202173, 4.94%, 3/19/2026	9/24/2024		43,579		44,662
	6,776	8202767, 5.23%, 3/20/2026	9/25/2024		6,488		5,472
	11,186	8202895, 5.96%, 3/20/2026	9/25/2024		10,661		10,211
	813	8203143, 4.79%, 3/20/2026	9/25/2024		798		598
	7,045	8203153, 6.47%, 3/20/2026	9/25/2024		6,733		6,359
	6,781	8203355, 4.61%, 3/20/2026	9/25/2024		6,476		6,486
	2,477	8203559, 6.35%, 3/20/2026	9/25/2024		2,362		2,247
	11,985	8203634, 5.96%, 3/20/2026	9/25/2024		11,494		8,933
	3,512	8203836, 4.94%, 3/20/2026	9/25/2024		3,339		3,370
	19,761	8203867, 4.61%, 3/20/2026	9/25/2024		18,826		19,089
	3,339	8204126, 4.61%, 3/20/2026	9/25/2024		3,177		3,237

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 165

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,766	8204151, 4.61%, 3/20/2026	9/25/2024		3,568	$	3,672
	2,867	8204201, 4.61%, 3/20/2026	9/25/2024		2,713		2,805
	3,000	8204248, 6.22%, 3/20/2026	9/25/2024		2,822		2,861
	7,734	8204319, 5.47%, 3/20/2026	9/25/2024		7,335		7,343
	6,736	8204415, 4.94%, 3/20/2026	9/25/2024		6,401		6,503
	2,844	8204524, 6.47%, 3/20/2026	9/25/2024		2,702		2,631
	1,587	8204580, 4.79%, 3/20/2026	9/25/2024		1,543		1,485
	21,912	8204626, 5.72%, 3/20/2026	9/25/2024		21,078		10,271
	9,780	8205018, 5.95%, 3/20/2026	9/25/2024		9,101		9,504
	1,711	8205168, 6.36%, 3/20/2026	9/25/2024		1,634		1,523
	2,057	8205238, 5.95%, 3/20/2026	9/25/2024		1,941		1,974
	19,495	8205333, 4.61%, 3/20/2026	9/25/2024		18,624		18,622
	2,337	8205530, 5.23%, 3/20/2026	9/25/2024		2,196		2,270
	28,558	8205581, 4.61%, 3/20/2026	9/25/2024		27,141		27,763
	5,963	8205941, 4.61%, 3/20/2026	9/25/2024		5,674		5,775
	3,436	8206069, 4.94%, 3/20/2026	9/25/2024		3,265		3,301
	8,654	8206114, 5.96%, 3/21/2026	9/26/2024		8,254		7,712
	12,758	8206217, 4.61%, 3/21/2026	9/26/2024		12,195		12,076
	6,388	8206326, 5.48%, 3/21/2026	9/26/2024		6,052		6,066
	1,711	8206389, 6.22%, 3/21/2026	9/26/2024		1,640		1,219
	1,920	8206407, 4.78%, 3/21/2026	9/26/2024		1,869		1,746
	1,448	8206421, 5.49%, 3/21/2026	9/26/2024		1,373		1,373
	1,052	8206434, 5.24%, 3/21/2026	9/26/2024		978		1,029
	8,270	8206456, 4.61%, 3/21/2026	9/26/2024		7,873		7,997
	3,054	8206525, 5.22%, 3/21/2026	9/26/2024		2,888		2,939
	7,430	8206554, 5.48%, 3/21/2026	9/26/2024		6,910		7,259
	1,736	8206655, 5.46%, 3/21/2026	9/26/2024		1,689		1,369
	9,628	8206672, 4.61%, 3/21/2026	9/26/2024		9,143		9,366
	3,096	8206867, 5.95%, 3/21/2026	9/26/2024		2,958		2,737
	1,563	8206904, 6.46%, 3/21/2026	9/26/2024		1,504		1,267
	4,918	8206917, 4.61%, 3/21/2026	9/26/2024		4,643		4,819
	6,842	8206978, 4.94%, 3/21/2026	9/26/2024		6,517		6,507
	2,309	8207053, 6.35%, 3/21/2026	9/26/2024		2,174		2,181
	312	8207084, 6.14%, 3/22/2026	9/26/2024		285		306
	1,147	8207099, 5.95%, 3/22/2026	9/26/2024		1,049		1,122
	370	8207152, 6.46%, 3/22/2026	9/26/2024		343		359
	24,433	8207163, 5.46%, 3/22/2026	9/26/2024		23,395		19,393
	9,465	8207375, 4.60%, 3/22/2026	9/26/2024		9,014		9,151
	13,412	8207476, 4.60%, 3/22/2026	9/26/2024		12,800		12,834
	2,020	8207610, 4.94%, 3/22/2026	9/26/2024		1,913		1,945
	1,902	8207635, 4.93%, 3/22/2026	9/26/2024		1,770		1,875
	17,670	8207663, 6.21%, 3/22/2026	9/26/2024		16,864		15,359
	816	8207845, 5.43%, 3/22/2026	9/26/2024		794		522
	6,347	8207853, 6.33%, 3/22/2026	9/26/2024		5,914		6,097
	12,134	8208191, 4.59%, 3/23/2026	9/26/2024		11,573		11,655

See Notes to Financial Statements.

166 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost			Value
	750	8208312, 4.75%, 3/23/2026	9/26/2024		723		$	719
	4,082	8208326, 5.21%, 3/23/2026	9/26/2024		3,860			3,925
	8,306	8208459, 6.32%, 3/23/2026	9/26/2024		7,865			7,807
	2,555	8208680, 4.59%, 3/23/2026	9/26/2024		2,399			2,512
	10,864	8208826, 4.92%, 3/23/2026	9/26/2024		10,438			8,949
	2,689	8209066, 5.45%, 3/23/2026	9/26/2024		2,567			2,437
	16,342	8209105, 4.92%, 3/23/2026	9/26/2024		15,534			15,690
	10,067	8209349, 5.20%, 3/23/2026	9/26/2024		9,574			9,485
	11,476	8209537, 4.59%, 3/23/2026	9/26/2024		10,892			11,179
	2,764	8209717, 6.44%, 3/23/2026	9/26/2024		2,666			1,661
	2,521	8209805, 5.21%, 3/23/2026	9/26/2024		2,333			2,479
	43,631	8209858, 4.92%, 3/23/2026	9/26/2024		41,832			37,007
	3,381	8210446, 5.45%, 3/23/2026	9/26/2024		3,208			3,206
	4,256	8210484, 5.70%, 3/23/2026	9/26/2024		4,056			3,914
	13,766	8210547, 4.92%, 3/23/2026	9/26/2024		13,170			12,733
	3,549	8210676, 4.92%, 3/23/2026	9/26/2024		3,379			3,385
	32,271	8210703, 4.59%, 3/23/2026	9/26/2024		30,716			31,262
	3,686	8211075, 5.94%, 3/23/2026	9/26/2024		3,483			3,505
	495	8211102, 6.31%, 3/23/2026	9/26/2024		458			482
	3,492	8211109, 6.19%, 3/23/2026	9/26/2024		3,334			3,138
	29,120	8211177, 5.93%, 3/23/2026(g)	9/26/2024		28,095			6,947
	6,350	8211489, 5.45%, 3/23/2026	9/26/2024		5,904			6,207
	40,738	8211623, 4.59%, 3/23/2026	9/26/2024		38,976			38,410
	5,182	8211750, 4.59%, 3/24/2026	9/27/2024		4,922			5,035
	13,786	8211929, 4.59%, 3/24/2026	9/27/2024		13,168			13,139
	4,388	8212369, 4.92%, 3/24/2026	9/27/2024		4,091			4,309
	12,599	8212542, 6.44%, 3/24/2026	9/27/2024		12,107			10,327
	2,471	8212888, 5.20%, 3/24/2026	9/27/2024		2,330			2,388
	2,555	8212959, 5.70%, 3/24/2026	9/27/2024		2,427			2,356
	–	8213007, 6.20%, 3/24/2026	9/27/2024		(103	)		–
	2,163	8213016, 4.93%, 3/24/2026	9/27/2024		2,053			2,073
	2,058	8213044, 4.76%, 3/24/2026	9/27/2024		2,011			1,726
	8,548	8213078, 5.21%, 3/24/2026	9/27/2024		8,130			8,072
	3,734	8213193, 4.59%, 3/24/2026	9/27/2024		3,565			3,568
	3,873	8213258, 5.21%, 3/24/2026	9/27/2024		3,671			3,715
	17,349	8213295, 5.45%, 3/24/2026	9/27/2024		16,546			15,775
	2,682	8213602, 4.59%, 3/24/2026	9/27/2024		2,549			2,601
	11,157	8213651, 4.92%, 3/24/2026	9/27/2024		10,516			10,878
	6,247	8213832, 5.93%, 3/24/2026	9/27/2024		5,876			5,999
	5,057	8213953, 4.59%, 3/24/2026	9/27/2024		4,804			4,918
	3,478	8214050, 4.59%, 3/24/2026	9/27/2024		3,253			3,432
	1,631	8214092, 6.19%, 3/24/2026	9/27/2024		1,515			1,581
	14,790	8214120, 4.59%, 3/24/2026	9/27/2024		14,096			14,262
	1,296	8214335, 5.94%, 3/24/2026	9/27/2024		1,225			1,230
	2,440	8214462, 5.92%, 3/24/2026	9/27/2024		2,330			2,160

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 167

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,797	8214498, 6.21%, 3/24/2026	9/27/2024		1,700	$	1,684
	2,274	8214602, 6.31%, 3/24/2026	9/27/2024		2,075		2,230
	8,734	8214685, 5.93%, 3/24/2026	9/27/2024		8,368		6,547
	46,788	8214781, 4.59%, 3/24/2026	9/27/2024		44,390		45,588
	44,832	8214988, 4.59%, 3/25/2026	9/30/2024		42,785		42,464
	22,507	8215963, 4.59%, 3/25/2026	9/30/2024		21,402		21,831
	6,601	8216340, 5.20%, 3/25/2026	9/30/2024		6,271		6,217
	6,049	8216460, 4.59%, 3/25/2026	9/30/2024		5,735		5,881
	22,657	8216588, 5.93%, 3/25/2026	9/30/2024		21,314		21,707
	816	8217006, 5.42%, 3/25/2026	9/30/2024		794		520
	13,786	8217014, 6.20%, 3/25/2026	9/30/2024		13,084		12,651
	918	8217249, 5.45%, 3/25/2026	9/30/2024		849		900
	2,047	8217274, 4.59%, 3/25/2026	9/30/2024		1,946		1,982
	2,648	8217307, 4.91%, 3/25/2026	9/30/2024		2,502		2,572
	1,165	8217321, 4.90%, 3/25/2026	9/30/2024		1,098		1,134
	12,740	8217344, 5.45%, 3/25/2026	9/30/2024		12,015		12,278
	7,058	8217756, 4.59%, 3/25/2026	9/30/2024		6,727		6,778
	4,290	8217890, 4.59%, 3/25/2026	9/30/2024		4,091		4,120
	2,593	8217930, 6.45%, 3/25/2026	9/30/2024		2,359		2,526
	9,296	8217961, 4.76%, 3/25/2026	9/30/2024		8,879		8,931
	6,523	8218135, 6.32%, 3/25/2026	9/30/2024		6,179		6,020
	18,150	8218227, 4.59%, 3/25/2026	9/30/2024		17,346		17,163
	467	8220557, 4.75%, 3/26/2026	10/1/2024		456		390
	19,144	8220618, 4.61%, 3/26/2026	10/1/2024		18,260		18,272
	7,693	8221047, 4.61%, 3/26/2026	10/1/2024		7,303		7,474
	2,765	8221307, 4.78%, 3/26/2026	10/1/2024		2,676		2,604
	9,966	8221485, 5.72%, 3/26/2026	10/1/2024		9,447		9,324
	2,484	8221806, 6.47%, 3/26/2026	10/1/2024		2,330		2,349
	17,374	8221854, 6.22%, 3/26/2026	10/1/2024		16,358		16,486
	1,631	8222250, 6.12%, 3/26/2026	10/1/2024		1,561		1,498
	2,245	8222299, 5.22%, 3/26/2026	10/1/2024		2,147		1,806
	21,724	8222366, 5.23%, 3/26/2026	10/1/2024		20,605		20,678
	1,698	8222820, 6.35%, 3/26/2026	10/1/2024		1,611		1,564
	663	8222856, 4.79%, 3/26/2026	10/1/2024		626		638
	809	8222932, 6.21%, 3/26/2026	10/1/2024		760		771
	2,312	8222943, 5.48%, 3/26/2026	10/1/2024		2,184		2,213
	18,654	8223008, 5.47%, 3/26/2026	10/1/2024		17,593		17,901
	7,138	8223517, 4.61%, 3/26/2026	10/1/2024		6,808		6,815
	156	8223760, 4.73%, 3/26/2026	10/1/2024		148		153
	2,667	8223786, 5.96%, 3/26/2026	10/1/2024		2,512		2,538
	2,913	8223875, 4.93%, 3/26/2026	10/1/2024		2,749		2,838
	1,395	8223970, 5.95%, 3/26/2026	10/1/2024		1,326		1,276
	7,537	8224003, 5.72%, 3/26/2026	10/1/2024		7,061		7,249
	3,989	8224283, 5.95%, 3/27/2026	10/2/2024		3,819		2,946
	4,012	8224394, 4.94%, 3/27/2026	10/2/2024		3,804		3,871

See Notes to Financial Statements.

168 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	22,240	8224575, 5.96%, 3/27/2026	10/2/2024		20,929	$	20,967
	3,449	8225403, 6.46%, 3/27/2026	10/2/2024		3,300		2,868
	13,556	8225551, 4.93%, 3/27/2026	10/2/2024		12,771		13,218
	14,992	8225963, 5.23%, 3/27/2026	10/2/2024		14,347		11,897
	17,971	8226231, 4.61%, 3/27/2026	10/2/2024		17,150		17,134
	24,538	8226433, 4.94%, 3/27/2026	10/2/2024		23,345		23,345
	49,059	8226684, 4.61%, 3/27/2026	10/2/2024		46,708		47,317
	93,713	8227201, 4.61%, 3/27/2026	10/2/2024		89,717		83,629
	6,381	8228050, 5.22%, 3/28/2026	10/3/2024		6,041		6,093
	2,195	8228124, 6.22%, 3/28/2026	10/3/2024		2,104		1,491
	21,561	8228160, 6.22%, 3/28/2026	10/3/2024		20,281		20,150
	2,254	8228437, 4.61%, 3/28/2026	10/3/2024		2,153		2,125
	617	8228458, 5.44%, 3/28/2026	10/3/2024		593		577
	10,024	8228468, 5.47%, 3/28/2026	10/3/2024		9,468		9,599
	5,499	8228599, 5.72%, 3/28/2026	10/3/2024		5,170		5,279
	9,242	8228870, 5.48%, 3/28/2026	10/3/2024		8,822		7,418
	8,688	8228979, 5.96%, 3/28/2026	10/3/2024		8,170		8,262
	15,734	8229130, 4.93%, 3/29/2026	10/3/2024		14,822		15,326
	2,167	8229403, 4.77%, 3/29/2026	10/3/2024		2,119		1,603
	7,075	8229421, 6.21%, 3/29/2026	10/3/2024		6,748		6,098
	737	8229592, 6.20%, 3/29/2026	10/3/2024		686		713
	12,548	8229604, 6.45%, 3/29/2026	10/3/2024		11,451		12,228
	4,172	8230207, 4.59%, 3/30/2026	10/3/2024		3,964		4,047
	11,841	8230279, 4.59%, 3/30/2026	10/3/2024		11,247		11,472
	2,805	8230634, 6.31%, 3/30/2026	10/3/2024		2,683		2,301
	9,912	8230723, 6.20%, 3/30/2026	10/3/2024		9,358		9,271
	3,861	8231232, 4.59%, 3/30/2026	10/3/2024		3,667		3,746
	5,507	8231352, 5.43%, 3/30/2026	10/3/2024		5,238		5,253
	10,216	8231521, 5.46%, 3/30/2026	10/3/2024		9,683		9,596
	8,629	8231714, 4.59%, 3/30/2026	10/3/2024		8,212		8,325
	1,720	8231810, 5.94%, 3/30/2026	10/3/2024		1,612		1,650
	13,398	8231851, 4.59%, 3/30/2026	10/3/2024		12,772		12,768
	3,056	8232111, 4.76%, 3/30/2026	10/3/2024		2,963		2,848
	3,301	8232181, 5.46%, 3/30/2026	10/3/2024		3,093		3,202
	1,534	8232281, 4.93%, 3/30/2026	10/3/2024		1,464		1,424
	4,653	8232485, 6.20%, 3/30/2026	10/3/2024		4,253		4,569
	5,926	8232688, 6.32%, 3/30/2026	10/3/2024		5,524		5,665
	9,093	8232805, 4.59%, 3/30/2026	10/3/2024		8,629		8,834
	1,340	8232917, 5.43%, 3/30/2026	10/3/2024		1,237		1,311
	2,879	8232945, 4.59%, 3/30/2026	10/3/2024		2,735		2,791
	935	8233052, 4.77%, 3/30/2026	10/3/2024		872		914
	4,664	8233118, 5.70%, 3/30/2026	10/3/2024		4,438		4,160
	4,687	8233180, 5.46%, 3/30/2026	10/3/2024		4,475		3,771
	21,316	8233216, 4.59%, 3/30/2026	10/3/2024		20,188		20,760
	4,244	8233664, 6.20%, 3/30/2026	10/3/2024		4,069		1,855

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 169

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	15,252	8233724, 5.21%, 3/30/2026	10/3/2024		14,608	$	11,920
	855	8233904, 6.43%, 3/30/2026	10/3/2024		792		830
	3,426	8233917, 6.45%, 3/30/2026	10/3/2024		3,264		3,088
	1,776	8233952, 5.93%, 3/30/2026	10/3/2024		1,656		1,721
	705	8234010, 6.11%, 3/30/2026	10/3/2024		669		658
	1,377	8234045, 6.44%, 3/30/2026	10/3/2024		1,303		1,288
	913	8234072, 4.59%, 3/30/2026	10/3/2024		873		867
	2,882	8234092, 4.59%, 3/30/2026	10/3/2024		2,696		2,852
	961	8234247, 5.70%, 3/30/2026	10/3/2024		885		952
	4,093	8234367, 6.20%, 3/30/2026	10/3/2024		3,798		3,987
	8,480	8234589, 4.58%, 4/1/2026	10/4/2024		8,072		8,193
	18,932	8234730, 4.58%, 4/1/2026	10/4/2024		17,988		18,321
	4,325	8235143, 4.58%, 4/1/2026	10/4/2024		4,146		3,967
	38,384	8235214, 4.58%, 4/1/2026	10/4/2024		36,288		37,210
	4,878	8236282, 4.91%, 4/1/2026	10/4/2024		4,617		4,700
	2,167	8236374, 6.20%, 4/1/2026	10/4/2024		2,074		1,648
	3,639	8236400, 5.69%, 4/1/2026	10/4/2024		3,442		3,438
	4,431	8236465, 5.92%, 4/1/2026	10/4/2024		4,202		4,150
	7,983	8236570, 4.58%, 4/1/2026	10/4/2024		7,565		7,728
	4,308	8236663, 4.59%, 4/1/2026	10/4/2024		4,093		4,170
	40,570	8236722, 4.58%, 4/1/2026	10/4/2024		38,629		39,091
	5,440	8237191, 6.18%, 4/1/2026	10/4/2024		5,026		5,192
	2,627	8237382, 4.91%, 4/1/2026	10/4/2024		2,503		2,511
	9,107	8237429, 5.20%, 4/1/2026	10/4/2024		8,644		8,622
	12,106	8237580, 5.92%, 4/1/2026	10/4/2024		11,468		11,339
	1,357	8237754, 6.19%, 4/1/2026	10/4/2024		1,243		1,296
	8,614	8237879, 6.18%, 4/1/2026	10/4/2024		8,044		8,155
	3,756	8237943, 4.58%, 4/1/2026	10/4/2024		3,575		3,629
	1,299	8237969, 6.19%, 4/1/2026	10/4/2024		1,240		988
	5,154	8237982, 4.75%, 4/1/2026	10/4/2024		5,054		2,916
	16,454	8238029, 5.20%, 4/1/2026	10/4/2024		15,650		15,528
	56,540	8238238, 6.18%, 4/1/2026	10/4/2024		53,340		53,363
	14,376	8238762, 6.18%, 4/2/2026	10/7/2024		13,471		13,603
	19,731	8239033, 5.92%, 4/2/2026	10/7/2024		18,625		18,587
	2,957	8239749, 4.59%, 4/2/2026	10/7/2024		2,828		2,713
	5,064	8239848, 5.44%, 4/2/2026	10/7/2024		4,748		4,847
	4,361	8239962, 5.68%, 4/2/2026	10/7/2024		4,108		4,147
	2,453	8240059, 4.58%, 4/2/2026	10/7/2024		2,325		2,374
	9,511	8240137, 4.58%, 4/2/2026	10/7/2024		9,021		9,205
	3,785	8240251, 5.69%, 4/2/2026	10/7/2024		3,572		3,603
	1,961	8240285, 4.91%, 4/2/2026	10/7/2024		1,852		1,889
	3,788	8240309, 5.20%, 4/2/2026	10/7/2024		3,635		3,168
	10,396	8240368, 5.92%, 4/2/2026	10/7/2024		9,936		8,293
	12,330	8240457, 4.91%, 4/2/2026	10/7/2024		11,614		11,904
	22,888	8240644, 4.58%, 4/2/2026	10/7/2024		21,722		22,156

See Notes to Financial Statements.

170 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	8,999	8240916, 5.92%, 4/2/2026	10/7/2024		8,307	$	8,634
	13,860	8241037, 5.20%, 4/2/2026	10/7/2024		13,250		11,590
	5,911	8241157, 5.93%, 4/2/2026	10/7/2024		5,586		5,574
	6,375	8241282, 4.58%, 4/2/2026	10/7/2024		5,947		6,176
	12,143	8241396, 6.18%, 4/2/2026	10/7/2024		11,163		11,595
	1,990	8241602, 5.69%, 4/2/2026	10/7/2024		1,836		1,899
	1,511	8241654, 6.30%, 4/2/2026	10/7/2024		1,419		1,424
	52,347	8241670, 5.69%, 4/2/2026	10/7/2024		49,249		49,749
	1,657	8242398, 5.90%, 4/2/2026	10/7/2024		1,587		811
	3,444	8244630, 5.21%, 4/3/2026	10/8/2024		3,235		3,298
	3,541	8244768, 4.60%, 4/3/2026	10/8/2024		3,371		3,411
	4,184	8244877, 4.60%, 4/3/2026	10/8/2024		3,971		4,041
	11,134	8245102, 6.33%, 4/3/2026	10/8/2024		10,477		10,407
	2,115	8245423, 4.60%, 4/3/2026	10/8/2024		2,007		2,046
	11,124	8245471, 4.60%, 4/3/2026	10/8/2024		10,555		10,763
	14,850	8245894, 5.46%, 4/3/2026	10/8/2024		13,985		14,170
	10,604	8246284, 4.93%, 4/3/2026	10/8/2024		10,058		10,165
	5,472	8246578, 6.45%, 4/3/2026	10/8/2024		5,068		5,181
	8,858	8246696, 6.45%, 4/3/2026	10/8/2024		8,307		8,313
	10,708	8246954, 6.21%, 4/3/2026	10/8/2024		9,855		10,221
	3,605	8247218, 6.33%, 4/3/2026	10/8/2024		3,398		3,370
	5,589	8247261, 4.60%, 4/3/2026	10/8/2024		5,305		5,406
	12,912	8247353, 4.93%, 4/3/2026	10/8/2024		12,020		12,486
	6,529	8247647, 5.94%, 4/3/2026	10/8/2024		6,122		6,165
	2,227	8247746, 4.60%, 4/3/2026	10/8/2024		2,123		2,146
	5,979	8248173, 6.33%, 4/3/2026	10/8/2024		5,654		5,477
	1,882	8248216, 5.94%, 4/3/2026	10/8/2024		1,789		1,711
	5,824	8248241, 5.94%, 4/3/2026	10/8/2024		5,410		5,562
	55,492	8248344, 4.93%, 4/3/2026	10/8/2024		52,559		53,181
	2,226	8248931, 6.21%, 4/4/2026	10/9/2024		2,114		1,990
	1,833	8249007, 5.23%, 4/4/2026	10/9/2024		1,709		1,762
	4,193	8249045, 6.32%, 4/4/2026	10/9/2024		4,002		1,990
	3,013	8249101, 5.71%, 4/4/2026	10/9/2024		2,884		2,465
	5,775	8249148, 4.60%, 4/4/2026	10/9/2024		5,486		5,576
	14,587	8249359, 5.22%, 4/4/2026	10/9/2024		13,761		13,941
	4,825	8249713, 5.46%, 4/4/2026	10/9/2024		4,538		4,605
	4,724	8249902, 5.95%, 4/4/2026	10/9/2024		4,493		4,292
	27,486	8249994, 5.46%, 4/4/2026	10/9/2024		25,703		26,318
	4,411	8250472, 4.93%, 4/4/2026	10/9/2024		4,187		4,199
	989	8250522, 4.94%, 4/4/2026	10/9/2024		917		954
	1,207	8250558, 6.33%, 4/4/2026	10/9/2024		1,125		1,140
	8,187	8250579, 5.22%, 4/4/2026	10/9/2024		7,732		7,823
	19,656	8250689, 6.21%, 4/4/2026	10/9/2024		18,532		18,382
	4,640	8250966, 4.60%, 4/4/2026	10/9/2024		4,414		4,467
	6,252	8251019, 5.44%, 4/4/2026	10/9/2024		5,989		5,866

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 171

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,334	8251164, 6.33%, 4/4/2026	10/9/2024		2,190	$	2,182
	4,270	8251206, 4.92%, 4/4/2026	10/9/2024		4,055		4,077
	3,372	8251300, 5.47%, 4/4/2026	10/9/2024		3,222		2,827
	12,867	8251345, 5.46%, 4/4/2026	10/9/2024		12,181		12,140
	4,407	8251550, 6.34%, 4/4/2026	10/9/2024		4,197		3,980
	940	8251581, 6.12%, 4/4/2026	10/9/2024		870		897
	47,173	8251617, 4.93%, 4/4/2026	10/9/2024		44,959		44,500
	49,256	8252070, 4.60%, 4/4/2026	10/9/2024		46,756		47,627
	11,971	8252575, 5.22%, 4/5/2026	10/10/2024		11,454		10,018
	557	8252679, 6.20%, 4/5/2026	10/10/2024		509		531
	1,763	8252686, 5.95%, 4/5/2026	10/10/2024		1,659		1,660
	5,434	8252706, 5.71%, 4/5/2026	10/10/2024		5,002		5,222
	2,351	8252804, 6.33%, 4/5/2026	10/10/2024		2,230		2,117
	1,600	8252831, 6.33%, 4/5/2026	10/10/2024		1,501		1,495
	737	8252850, 6.15%, 4/5/2026	10/10/2024		705		655
	5,543	8252857, 4.60%, 4/5/2026	10/10/2024		5,266		5,350
	6,003	8252908, 4.93%, 4/5/2026	10/10/2024		5,624		5,779
	11,616	8252977, 4.93%, 4/5/2026	10/10/2024		11,000		11,131
	11,929	8253093, 4.60%, 4/5/2026	10/10/2024		11,321		11,512
	10,775	8253211, 5.22%, 4/5/2026	10/10/2024		10,149		10,314
	1,782	8253354, 5.71%, 4/5/2026	10/10/2024		1,685		1,676
	1,835	8253375, 5.46%, 4/5/2026	10/10/2024		1,735		1,731
	1,656	8253390, 5.46%, 4/5/2026	10/10/2024		1,563		1,566
	1,049	8253409, 4.77%, 4/5/2026	10/10/2024		1,012		977
	17,241	8253430, 6.20%, 4/6/2026	10/10/2024		16,331		15,857
	22,395	8253627, 5.21%, 4/6/2026	10/10/2024		21,299		20,720
	12,451	8253861, 4.76%, 4/6/2026	10/10/2024		11,869		11,861
	1,834	8254085, 4.58%, 4/6/2026	10/10/2024		1,741		1,773
	2,559	8254098, 5.21%, 4/6/2026	10/10/2024		2,417		2,444
	1,043	8254125, 6.10%, 4/6/2026	10/10/2024		982		980
	520	8254145, 6.45%, 4/6/2026	10/10/2024		486		487
	17,030	8254152, 4.59%, 4/6/2026	10/10/2024		16,161		16,467
	1,873	8254373, 5.93%, 4/6/2026	10/10/2024		1,770		1,753
	7,698	8254401, 6.44%, 4/6/2026	10/10/2024		7,293		7,060
	2,811	8254817, 6.10%, 4/7/2026	10/10/2024		2,698		2,375
	1,330	8254837, 5.19%, 4/7/2026	10/10/2024		1,258		1,266
	638	8254892, 6.07%, 4/7/2026	10/10/2024		596		605
	16,033	8254926, 5.20%, 4/7/2026	10/10/2024		15,339		9,360
	849	8255263, 6.17%, 4/7/2026	10/10/2024		801		794
	3,629	8255310, 6.09%, 4/7/2026	10/10/2024		3,487		3,066
	1,574	8255410, 6.18%, 4/7/2026	10/10/2024		1,473		1,488
	1,691	8255467, 6.17%, 4/7/2026	10/10/2024		1,600		1,571
	2,130	8255528, 4.92%, 4/7/2026	10/10/2024		2,013		2,050
	1,953	8255658, 5.43%, 4/7/2026	10/10/2024		1,884		1,737
	3,289	8255696, 5.92%, 4/7/2026	10/10/2024		3,129		2,623

See Notes to Financial Statements.

172 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	7,449	8255766, 4.58%, 4/7/2026	10/10/2024		7,041	$	7,210
	3,414	8255867, 6.09%, 4/7/2026	10/10/2024		3,267		3,040
	700	8255896, 6.19%, 4/7/2026	10/10/2024		645		667
	3,905	8255915, 4.58%, 4/7/2026	10/10/2024		3,721		3,747
	5,585	8255965, 5.19%, 4/7/2026	10/10/2024		5,348		4,686
	4,791	8256052, 4.58%, 4/7/2026	10/10/2024		4,550		4,632
	836	8256119, 6.08%, 4/7/2026	10/10/2024		804		318
	3,235	8256142, 5.92%, 4/7/2026	10/10/2024		3,047		3,047
	6,816	8256220, 4.91%, 4/7/2026	10/10/2024		6,434		6,561
	18,615	8256317, 4.58%, 4/7/2026	10/10/2024		17,850		17,104
	1,484	8256527, 5.91%, 4/7/2026	10/10/2024		1,373		1,423
	8,800	8256560, 5.45%, 4/7/2026	10/10/2024		8,248		8,406
	1,797	8256669, 4.75%, 4/7/2026	10/10/2024		1,664		1,725
	2,161	8256784, 5.46%, 4/7/2026	10/10/2024		2,042		2,043
	3,294	8256839, 4.75%, 4/7/2026	10/10/2024		3,185		3,038
	20,360	8256909, 5.44%, 4/7/2026	10/10/2024		19,336		18,808
	3,514	8257124, 5.93%, 4/7/2026	10/10/2024		3,329		3,260
	8,295	8257173, 6.09%, 4/7/2026	10/10/2024		7,987		5,529
	2,690	8257281, 4.92%, 4/7/2026	10/10/2024		2,553		2,558
	10,341	8257326, 4.58%, 4/7/2026	10/10/2024		9,809		10,000
	1,425	8257417, 5.41%, 4/7/2026	10/10/2024		1,371		1,315
	803	8257440, 4.75%, 4/7/2026	10/10/2024		753		748
	1,009	8257461, 4.93%, 4/7/2026	10/10/2024		956		969
	8,483	8257470, 4.91%, 4/7/2026	10/10/2024		8,083		7,992
	1,396	8257552, 6.29%, 4/7/2026	10/10/2024		1,322		1,284
	10,382	8257569, 5.44%, 4/7/2026	10/10/2024		9,920		8,713
	18,193	8257719, 4.58%, 4/7/2026	10/10/2024		17,319		17,513
	1,771	8257925, 4.92%, 4/7/2026	10/10/2024		1,682		1,691
	8,375	8257935, 5.45%, 4/7/2026	10/10/2024		7,984		7,033
	19,454	8258031, 5.92%, 4/7/2026	10/10/2024		18,347		18,333
	7,347	8258195, 5.92%, 4/7/2026	10/10/2024		6,927		6,924
	15,736	8258277, 5.92%, 4/7/2026	10/10/2024		14,857		14,829
	2,254	8258548, 5.44%, 4/8/2026	10/11/2024		2,147		1,894
	2,652	8258599, 5.92%, 4/8/2026	10/11/2024		2,465		2,530
	2,206	8258698, 6.44%, 4/8/2026	10/11/2024		2,096		1,996
	1,840	8258807, 5.21%, 4/8/2026	10/11/2024		1,749		1,702
	1,857	8258866, 5.42%, 4/8/2026	10/11/2024		1,767		1,749
	10,543	8258908, 4.58%, 4/8/2026	10/11/2024		10,001		10,191
	26,169	8259188, 6.31%, 4/8/2026	10/11/2024		24,943		22,661
	1,233	8259778, 5.46%, 4/8/2026	10/11/2024		1,165		1,165
	589	8259804, 5.91%, 4/8/2026	10/11/2024		541		564
	3,024	8259824, 4.58%, 4/8/2026	10/11/2024		2,892		2,780
	7,493	8259872, 5.92%, 4/8/2026	10/11/2024		6,876		7,190
	11,565	8260102, 4.58%, 4/8/2026	10/11/2024		10,979		11,180
	1,283	8260240, 6.18%, 4/8/2026	10/11/2024		1,179		1,224

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 173

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	844	8260259, 5.94%, 4/8/2026	10/11/2024		774	$	810
	2,622	8260281, 4.91%, 4/8/2026	10/11/2024		2,476		2,523
	5,674	8260316, 4.58%, 4/8/2026	10/11/2024		5,384		5,485
	2,704	8260377, 4.58%, 4/8/2026	10/11/2024		2,563		2,614
	10,116	8260404, 6.19%, 4/8/2026	10/11/2024		9,677		7,783
	3,157	8260467, 6.18%, 4/8/2026	10/11/2024		2,948		2,989
	2,243	8260503, 5.70%, 4/8/2026	10/11/2024		2,118		2,105
	12,999	8260526, 4.91%, 4/8/2026	10/11/2024		12,101		12,564
	18,612	8260727, 6.18%, 4/8/2026	10/11/2024		17,613		17,116
	3,248	8260934, 6.10%, 4/8/2026	10/11/2024		3,085		3,038
	1,374	8260973, 6.20%, 4/8/2026	10/11/2024		1,281		1,304
	8,288	8261041, 4.58%, 4/8/2026	10/11/2024		7,856		8,013
	7,502	8261125, 5.92%, 4/8/2026	10/11/2024		7,081		7,070
	834	8261195, 5.41%, 4/8/2026	10/11/2024		780		796
	20,141	8261212, 4.58%, 4/8/2026	10/11/2024		19,259		18,510
	25,953	8261385, 5.92%, 4/8/2026	10/11/2024		24,553		24,035
	12,275	8261805, 4.91%, 4/8/2026	10/11/2024		11,636		11,763
	19,114	8261987, 6.31%, 4/8/2026	10/11/2024		18,113		17,205
	6,408	8262188, 4.58%, 4/9/2026	10/15/2024		6,094		6,167
	11,310	8262305, 4.58%, 4/9/2026	10/15/2024		10,733		10,929
	1,740	8262469, 6.44%, 4/9/2026	10/15/2024		1,622		1,631
	1,465	8262518, 5.92%, 4/9/2026	10/15/2024		1,375		1,384
	5,906	8262538, 5.69%, 4/9/2026	10/15/2024		5,564		5,574
	1,123	8262680, 5.44%, 4/9/2026	10/15/2024		1,043		1,072
	3,935	8262741, 6.10%, 4/9/2026	10/15/2024		3,772		3,330
	3,381	8262872, 4.76%, 4/9/2026	10/15/2024		3,260		3,156
	8,428	8263062, 4.58%, 4/9/2026	10/15/2024		8,012		8,110
	11,126	8263237, 4.58%, 4/9/2026	10/15/2024		10,561		10,752
	7,727	8263462, 6.19%, 4/9/2026	10/15/2024		7,093		7,325
	2,786	8263612, 6.09%, 4/9/2026	10/15/2024		2,627		2,617
	1,615	8263660, 4.91%, 4/9/2026	10/15/2024		1,527		1,551
	41,653	8263690, 5.92%, 4/9/2026	10/15/2024		39,354		38,640
	11,476	8264369, 5.92%, 4/9/2026	10/15/2024		10,631		10,952
	4,983	8264627, 4.58%, 4/9/2026	10/15/2024		4,721		4,824
	3,912	8264678, 4.76%, 4/9/2026	10/15/2024		3,786		3,603
	9,387	8264761, 6.19%, 4/9/2026	10/15/2024		8,817		8,841
	1,307	8264937, 6.07%, 4/9/2026	10/15/2024		1,252		1,106
	11,036	8264977, 6.43%, 4/9/2026	10/15/2024		10,298		10,344
	1,488	8265246, 6.18%, 4/9/2026	10/15/2024		1,335		1,418
	816	8265283, 6.30%, 4/9/2026	10/15/2024		771		757
	67,609	8265294, 4.58%, 4/9/2026	10/15/2024		63,852		65,436
	3,155	8269621, 6.22%, 4/10/2026	10/16/2024		2,993		2,819
	3,934	8269701, 4.93%, 4/10/2026	10/16/2024		3,719		3,774
	7,870	8269786, 4.61%, 4/10/2026	10/16/2024		7,443		7,604
	16,252	8270012, 4.61%, 4/10/2026	10/16/2024		15,332		15,725

See Notes to Financial Statements.

174 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,406	8270578, 4.94%, 4/10/2026	10/16/2024		1,303	$	1,355
	6,115	8270658, 6.34%, 4/10/2026	10/16/2024		5,834		2,834
	10,014	8270824, 4.93%, 4/10/2026	10/16/2024		9,430		9,630
	874	8271104, 6.13%, 4/10/2026	10/16/2024		829		806
	5,777	8271139, 4.94%, 4/10/2026	10/16/2024		5,485		5,497
	24,957	8271245, 5.95%, 4/10/2026	10/16/2024		23,607		22,709
	6,730	8271608, 4.78%, 4/10/2026	10/16/2024		6,564		2,158
	29,440	8271715, 4.61%, 4/10/2026	10/16/2024		27,703		28,499
	2,355	8272411, 6.14%, 4/10/2026	10/16/2024		2,262		1,579
	956	8272473, 6.47%, 4/10/2026	10/16/2024		902		826
	4,929	8272489, 5.96%, 4/10/2026	10/16/2024		4,633		4,639
	43,830	8272555, 6.34%, 4/10/2026	10/16/2024		41,911		31,533
	71,303	8273040, 4.61%, 4/10/2026	10/16/2024		67,691		68,777
	5,662	8273659, 4.61%, 4/11/2026	10/17/2024		5,399		5,203
	3,686	8273813, 5.96%, 4/11/2026	10/17/2024		3,440		3,484
	735	8273930, 5.45%, 4/11/2026	10/17/2024		682		699
	3,833	8273969, 6.46%, 4/11/2026	10/17/2024		3,600		3,572
	7,696	8274139, 6.22%, 4/11/2026	10/17/2024		7,228		7,180
	11,796	8274395, 6.34%, 4/11/2026	10/17/2024		11,098		10,911
	3,228	8274746, 4.61%, 4/11/2026	10/17/2024		3,046		3,125
	3,716	8274817, 4.61%, 4/11/2026	10/17/2024		3,517		3,590
	4,545	8274954, 5.23%, 4/11/2026	10/17/2024		4,272		4,346
	779	8275035, 6.34%, 4/11/2026	10/17/2024		713		742
	877	8275050, 4.92%, 4/11/2026	10/17/2024		829		840
	22,220	8275079, 4.94%, 4/11/2026	10/17/2024		20,995		21,316
	36,216	8275590, 4.61%, 4/11/2026	10/17/2024		34,232		35,040
	5,476	8276219, 6.13%, 4/11/2026	10/17/2024		5,250		3,681
	14,638	8276280, 6.47%, 4/11/2026	10/17/2024		13,808		13,450
	10,152	8276462, 5.72%, 4/11/2026	10/17/2024		9,480		9,664
	10,011	8276621, 5.95%, 4/11/2026	10/17/2024		9,401		9,417
	3,283	8276744, 5.95%, 4/11/2026	10/17/2024		3,060		3,107
	1,692	8276808, 6.13%, 4/11/2026	10/17/2024		1,546		1,618
	11,012	8276847, 5.23%, 4/11/2026	10/17/2024		10,438		10,364
	6,441	8276899, 4.61%, 4/11/2026	10/17/2024		6,119		6,196
	6,296	8276953, 6.22%, 4/11/2026	10/17/2024		5,970		5,028
	11,739	8277011, 5.95%, 4/11/2026	10/17/2024		11,156		9,448
	8,390	8277150, 5.96%, 4/11/2026	10/17/2024		7,895		7,896
	3,270	8277300, 6.22%, 4/11/2026	10/17/2024		2,993		3,115
	2,697	8277457, 4.61%, 4/12/2026	10/18/2024		2,558		2,600
	4,362	8277478, 4.94%, 4/12/2026	10/18/2024		4,127		4,176
	2,478	8277510, 5.95%, 4/12/2026	10/18/2024		2,331		2,332
	8,920	8277550, 4.61%, 4/12/2026	10/18/2024		8,480		8,528
	12,821	8277643, 5.23%, 4/12/2026	10/18/2024		12,189		10,807
	3,753	8277773, 5.96%, 4/12/2026	10/18/2024		3,525		3,531
	644	8277815, 5.43%, 4/12/2026	10/18/2024		619		538

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 175

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	5,519	8277821, 4.94%, 4/12/2026	10/18/2024		5,186	$	5,320
	4,623	8277874, 4.61%, 4/12/2026	10/18/2024		4,368		4,472
	5,845	8277946, 6.34%, 4/12/2026	10/18/2024		5,441		5,460
	3,857	8278028, 4.94%, 4/12/2026	10/18/2024		3,653		3,679
	709	8278075, 4.61%, 4/12/2026	10/18/2024		663		686
	4,606	8278118, 4.61%, 4/12/2026	10/18/2024		4,358		4,448
	1,402	8278173, 5.94%, 4/12/2026	10/18/2024		1,317		1,320
	599	8278193, 4.81%, 4/12/2026	10/18/2024		570		571
	6,600	8278220, 4.61%, 4/12/2026	10/18/2024		6,263		6,364
	5,734	8278296, 6.13%, 4/12/2026	10/18/2024		5,496		2,204
	3,503	8278367, 6.20%, 4/13/2026	10/18/2024		3,317		3,134
	5,245	8278404, 6.21%, 4/13/2026	10/18/2024		4,937		4,867
	3,144	8278474, 5.46%, 4/13/2026	10/18/2024		2,980		2,902
	12,033	8278499, 4.60%, 4/13/2026	10/18/2024		11,405		11,599
	4,657	8278633, 6.21%, 4/13/2026	10/18/2024		4,342		4,399
	28,653	8278719, 5.71%, 4/13/2026	10/18/2024		26,890		27,109
	1,712	8279212, 5.96%, 4/13/2026	10/18/2024		1,586		1,631
	4,373	8279240, 5.22%, 4/13/2026	10/18/2024		4,104		4,184
	7,220	8279309, 4.59%, 4/14/2026	10/18/2024		6,847		6,972
	699	8279395, 6.34%, 4/14/2026	10/18/2024		655		645
	2,213	8279408, 5.45%, 4/14/2026	10/18/2024		2,109		1,022
	4,396	8279437, 5.93%, 4/14/2026	10/18/2024		4,078		4,139
	7,404	8279494, 4.59%, 4/14/2026	10/18/2024		7,011		7,150
	680	8279639, 6.13%, 4/14/2026	10/18/2024		648		607
	7,207	8279651, 4.92%, 4/14/2026	10/18/2024		6,808		6,911
	1,543	8279729, 5.94%, 4/14/2026	10/18/2024		1,438		1,459
	6,618	8279747, 5.70%, 4/14/2026	10/18/2024		6,261		6,156
	2,518	8279813, 6.19%, 4/14/2026	10/18/2024		2,302		2,403
	10,189	8279934, 4.59%, 4/14/2026	10/18/2024		9,680		9,797
	1,627	8280018, 5.92%, 4/14/2026	10/18/2024		1,537		1,476
	1,194	8280033, 6.31%, 4/14/2026	10/18/2024		1,124		1,102
	837	8280041, 5.44%, 4/14/2026	10/18/2024		771		802
	7,064	8280074, 5.93%, 4/14/2026	10/18/2024		6,661		6,597
	13,949	8280151, 4.59%, 4/14/2026	10/18/2024		13,199		13,467
	2,687	8280270, 5.22%, 4/14/2026	10/18/2024		2,553		2,269
	1,714	8280288, 5.70%, 4/14/2026	10/18/2024		1,614		1,618
	6,203	8280307, 4.59%, 4/14/2026	10/18/2024		5,877		5,988
	2,554	8280356, 4.92%, 4/14/2026	10/18/2024		2,413		2,450
	1,494	8280376, 6.19%, 4/14/2026	10/18/2024		1,366		1,425
	4,820	8280394, 4.59%, 4/14/2026	10/18/2024		4,575		4,646
	14,606	8280416, 4.92%, 4/14/2026	10/18/2024		13,729		14,074
	8,557	8280570, 4.59%, 4/14/2026	10/18/2024		8,092		8,279
	1,128	8280629, 5.72%, 4/14/2026	10/18/2024		1,059		1,074
	1,665	8280631, 5.94%, 4/14/2026	10/18/2024		1,560		1,570
	58,562	8280651, 4.59%, 4/14/2026	10/18/2024		55,543		56,546

See Notes to Financial Statements.

176 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	9,189	8281961, 5.45%, 4/15/2026	10/18/2024		8,648	$	8,755
	2,618	8282110, 6.43%, 4/15/2026	10/18/2024		2,423		2,474
	2,757	8282161, 5.19%, 4/15/2026	10/18/2024		2,585		2,642
	4,166	8282199, 4.58%, 4/15/2026	10/18/2024		3,928		4,032
	1,659	8282300, 6.10%, 4/15/2026	10/18/2024		1,569		1,544
	1,684	8282324, 6.42%, 4/15/2026	10/18/2024		1,584		1,568
	14,209	8282342, 4.58%, 4/15/2026	10/18/2024		13,468		13,717
	2,432	8282596, 5.19%, 4/15/2026	10/18/2024		2,305		2,288
	923	8282637, 5.20%, 4/15/2026	10/18/2024		877		872
	6,225	8282655, 4.58%, 4/15/2026	10/18/2024		5,949		5,728
	16,973	8282741, 4.91%, 4/15/2026	10/18/2024		16,027		16,309
	19,051	8283013, 4.58%, 4/15/2026	10/18/2024		17,818		18,439
	4,233	8283504, 5.92%, 4/15/2026	10/18/2024		3,975		3,991
	3,746	8283578, 4.76%, 4/15/2026	10/18/2024		3,635		2,982
	937	8283657, 4.79%, 4/15/2026	10/18/2024		914		556
	7,851	8283664, 4.58%, 4/15/2026	10/18/2024		7,457		7,548
	7,104	8283768, 6.18%, 4/15/2026	10/18/2024		6,718		6,351
	14,977	8283849, 5.92%, 4/15/2026	10/18/2024		14,053		14,120
	3,328	8284071, 4.59%, 4/15/2026	10/18/2024		3,155		3,212
	6,448	8284105, 5.68%, 4/15/2026	10/18/2024		6,115		5,866
	19,242	8284147, 4.91%, 4/15/2026	10/18/2024		17,992		18,551
	1,489	8284466, 6.17%, 4/15/2026	10/18/2024		1,409		1,334
	3,939	8284494, 5.70%, 4/15/2026	10/18/2024		3,755		3,275
	6,788	8284577, 5.44%, 4/15/2026	10/18/2024		6,425		6,326
	1,564	8284646, 5.44%, 4/15/2026	10/18/2024		1,469		1,493
	18,717	8284671, 4.58%, 4/15/2026	10/18/2024		17,791		17,996
	1,082	8284809, 6.20%, 4/15/2026	10/18/2024		1,017		1,010
	486	8284833, 4.74%, 4/15/2026	10/18/2024		459		464
	8,243	8284841, 5.45%, 4/15/2026	10/18/2024		7,749		7,855
	38,351	8284930, 4.91%, 4/16/2026	10/21/2024		36,402		36,040
	5,226	8285452, 6.31%, 4/16/2026	10/21/2024		4,833		4,936
	12,158	8285580, 5.44%, 4/16/2026	10/21/2024		11,465		11,459
	1,072	8285921, 4.57%, 4/16/2026	10/21/2024		1,015		1,035
	11,034	8285926, 4.58%, 4/16/2026	10/21/2024		10,442		10,654
	3,601	8286181, 6.43%, 4/16/2026	10/21/2024		3,411		3,257
	859	8286242, 6.12%, 4/16/2026	10/21/2024		812		768
	10,113	8286266, 6.31%, 4/16/2026	10/21/2024		9,665		7,397
	11,660	8286399, 4.58%, 4/16/2026	10/21/2024		11,094		11,147
	10,060	8286564, 4.58%, 4/16/2026	10/21/2024		9,556		9,643
	8,680	8286656, 5.20%, 4/16/2026	10/21/2024		8,297		5,165
	3,828	8286731, 6.42%, 4/16/2026	10/21/2024		3,607		3,512
	2,339	8286766, 6.31%, 4/16/2026	10/21/2024		2,181		2,185
	1,582	8286814, 5.93%, 4/16/2026	10/21/2024		1,489		1,487
	3,172	8286830, 6.43%, 4/16/2026	10/21/2024		3,005		2,868
	6,060	8286853, 4.58%, 4/16/2026	10/21/2024		5,753		5,821

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 177

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	4,707	8286910, 4.58%, 4/16/2026	10/21/2024		4,457	$	4,543
	3,301	8286943, 5.42%, 4/16/2026	10/21/2024		3,185		2,162
	4,362	8286974, 4.91%, 4/16/2026	10/21/2024		4,118		4,183
	72,857	8287048, 4.58%, 4/16/2026	10/21/2024		68,861		70,480
	1,911	8287872, 5.46%, 4/16/2026	10/21/2024		1,794		1,821
	16,909	8287913, 6.18%, 4/16/2026	10/21/2024		15,658		16,015
	50,944	8288179, 4.58%, 4/16/2026	10/21/2024		48,501		48,696
	882	8290875, 4.79%, 4/17/2026	10/22/2024		843		827
	4,794	8290928, 4.60%, 4/17/2026	10/22/2024		4,555		4,577
	1,881	8291051, 5.23%, 4/17/2026	10/22/2024		1,744		1,802
	2,972	8291071, 4.93%, 4/17/2026	10/22/2024		2,834		2,643
	6,181	8291109, 5.22%, 4/17/2026	10/22/2024		5,776		5,920
	2,466	8291249, 6.12%, 4/17/2026	10/22/2024		2,346		2,208
	1,439	8291291, 6.11%, 4/17/2026	10/22/2024		1,355		1,336
	662	8291359, 4.77%, 4/17/2026	10/22/2024		640		582
	5,794	8291374, 4.60%, 4/17/2026	10/22/2024		5,481		5,593
	910	8291541, 4.76%, 4/17/2026	10/22/2024		854		867
	26,691	8291587, 4.60%, 4/17/2026	10/22/2024		25,260		25,767
	1,752	8292308, 6.10%, 4/17/2026	10/22/2024		1,680		705
	2,409	8292324, 5.46%, 4/17/2026	10/22/2024		2,275		2,246
	6,058	8292412, 4.60%, 4/17/2026	10/22/2024		5,678		5,861
	21,493	8292564, 5.22%, 4/17/2026	10/22/2024		20,467		18,181
	1,320	8292906, 4.58%, 4/17/2026	10/22/2024		1,241		1,277
	1,706	8292963, 6.34%, 4/17/2026	10/22/2024		1,609		1,537
	11,101	8292968, 4.60%, 4/17/2026	10/22/2024		10,530		10,698
	2,788	8293121, 6.11%, 4/17/2026	10/22/2024		2,543		2,665
	4,033	8293160, 5.94%, 4/17/2026	10/22/2024		3,784		3,801
	4,305	8293215, 5.71%, 4/17/2026	10/22/2024		4,009		4,103
	21,145	8293259, 4.93%, 4/17/2026	10/22/2024		20,078		19,887
	9,655	8293524, 4.60%, 4/17/2026	10/22/2024		9,144		9,317
	1,442	8293736, 6.20%, 4/17/2026	10/22/2024		1,337		1,365
	3,421	8293766, 4.93%, 4/17/2026	10/22/2024		3,239		3,273
	2,057	8293812, 5.94%, 4/17/2026	10/22/2024		1,922		1,944
	1,145	8293835, 6.21%, 4/17/2026	10/22/2024		1,045		1,090
	2,577	8293866, 5.48%, 4/17/2026	10/22/2024		2,449		2,172
	16,973	8293895, 5.94%, 4/17/2026	10/22/2024		15,954		15,835
	82,266	8294150, 4.60%, 4/17/2026	10/22/2024		78,177		78,616
	1,383	8295017, 6.33%, 4/18/2026	10/23/2024		1,296		1,286
	1,328	8295058, 6.22%, 4/18/2026	10/23/2024		1,237		1,251
	5,837	8295076, 5.22%, 4/18/2026	10/23/2024		5,484		5,578
	7,133	8295185, 4.60%, 4/18/2026	10/23/2024		6,754		6,882
	5,819	8295374, 4.60%, 4/18/2026	10/23/2024		5,526		5,576
	799	8295501, 6.32%, 4/18/2026	10/23/2024		746		742
	6,327	8295535, 5.44%, 4/18/2026	10/23/2024		6,001		5,916
	2,745	8295843, 4.60%, 4/18/2026	10/23/2024		2,602		2,644

See Notes to Financial Statements.

178 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,417	8295916, 5.48%, 4/18/2026	10/23/2024		1,332	$	1,349
	8,508	8295966, 4.60%, 4/18/2026	10/23/2024		8,054		8,193
	3,809	8296194, 4.92%, 4/18/2026	10/23/2024		3,603		3,644
	11,608	8296252, 5.46%, 4/18/2026	10/23/2024		10,983		10,711
	5,671	8296480, 5.46%, 4/18/2026	10/23/2024		5,342		5,335
	3,776	8296571, 6.22%, 4/18/2026	10/23/2024		3,584		2,943
	11,905	8296604, 5.22%, 4/18/2026	10/23/2024		11,217		11,303
	3,286	8296790, 4.60%, 4/18/2026	10/23/2024		3,117		3,156
	2,946	8296819, 6.12%, 4/18/2026	10/23/2024		2,776		2,733
	30,642	8296870, 6.12%, 4/18/2026	10/23/2024		28,976		28,255
	8,177	8297350, 4.60%, 4/18/2026	10/23/2024		7,737		7,892
	5,442	8297499, 4.93%, 4/18/2026	10/23/2024		5,066		5,252
	21,240	8297593, 5.71%, 4/18/2026	10/23/2024		19,980		19,923
	793	8297882, 6.36%, 4/18/2026	10/23/2024		745		734
	1,029	8297898, 5.95%, 4/18/2026	10/23/2024		962		970
	4,220	8297908, 6.45%, 4/18/2026	10/23/2024		3,876		3,980
	1,729	8297999, 4.78%, 4/18/2026	10/23/2024		1,679		608
	5,774	8298021, 4.60%, 4/18/2026	10/23/2024		5,461		5,573
	8,744	8298073, 5.22%, 4/18/2026	10/23/2024		8,107		8,376
	1,145	8298201, 6.11%, 4/18/2026	10/23/2024		1,053		1,087
	1,219	8298211, 5.95%, 4/18/2026	10/23/2024		1,142		1,149
	1,714	8298222, 4.78%, 4/18/2026	10/23/2024		1,607		1,637
	6,263	8298265, 4.60%, 4/18/2026	10/23/2024		5,933		6,045
	2,531	8298357, 6.20%, 4/18/2026	10/23/2024		2,374		2,364
	2,505	8298415, 6.12%, 4/18/2026	10/23/2024		2,339		2,350
	5,847	8298470, 6.12%, 4/18/2026	10/23/2024		5,353		5,598
	8,217	8298603, 6.33%, 4/19/2026	10/24/2024		7,616		7,663
	2,168	8298706, 6.20%, 4/19/2026	10/24/2024		2,034		2,024
	4,157	8298723, 4.60%, 4/19/2026	10/24/2024		3,926		4,017
	16,543	8298776, 6.21%, 4/19/2026	10/24/2024		15,532		15,325
	3,246	8298961, 5.23%, 4/19/2026	10/24/2024		3,066		3,059
	612	8299002, 6.33%, 4/19/2026	10/24/2024		558		584
	8,377	8299013, 4.93%, 4/19/2026	10/24/2024		7,916		8,009
	32,796	8299112, 4.93%, 4/19/2026	10/24/2024		31,062		31,267
	5,911	8299449, 4.60%, 4/19/2026	10/24/2024		5,623		5,441
	6,495	8299501, 5.46%, 4/19/2026	10/24/2024		6,077		6,189
	3,241	8299570, 5.21%, 4/20/2026	10/24/2024		3,003		3,102
	9,294	8299618, 6.32%, 4/20/2026	10/24/2024		8,686		8,631
	2,120	8299725, 5.20%, 4/20/2026	10/24/2024		1,996		2,017
	1,770	8299753, 6.32%, 4/20/2026	10/24/2024		1,616		1,681
	4,993	8299799, 6.32%, 4/20/2026	10/24/2024		4,621		4,712
	14,214	8299846, 4.59%, 4/20/2026	10/24/2024		13,502		13,088
	11,921	8299990, 5.45%, 4/20/2026	10/24/2024		11,186		11,347
	4,685	8300136, 4.92%, 4/20/2026	10/24/2024		4,389		4,513
	7,052	8300185, 4.59%, 4/20/2026	10/24/2024		6,690		6,775

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 179

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,683	8300249, 4.59%, 4/20/2026	10/24/2024		2,537	$	2,589
	21,535	8300278, 5.21%, 4/20/2026	10/24/2024		20,241		20,571
	5,509	8300904, 4.91%, 4/21/2026	10/24/2024		5,157		5,307
	1,808	8301046, 5.69%, 4/21/2026	10/24/2024		1,675		1,724
	9,239	8301101, 4.58%, 4/21/2026	10/24/2024		8,750		8,915
	2,835	8301358, 5.92%, 4/21/2026	10/24/2024		2,672		2,622
	2,950	8301479, 4.57%, 4/21/2026	10/24/2024		2,797		2,842
	3,847	8301556, 5.20%, 4/21/2026	10/24/2024		3,662		3,271
	9,579	8301688, 4.91%, 4/21/2026	10/24/2024		9,133		5,629
	780	8301831, 5.43%, 4/21/2026	10/24/2024		721		745
	11,818	8301867, 5.92%, 4/21/2026	10/24/2024		11,151		10,932
	7,290	8302052, 5.92%, 4/21/2026	10/24/2024		6,930		5,905
	5,175	8302155, 4.75%, 4/21/2026	10/24/2024		4,910		4,926
	618	8302305, 6.11%, 4/21/2026	10/24/2024		565		587
	13,412	8302318, 6.43%, 4/21/2026	10/24/2024		12,672		12,101
	9,436	8302415, 5.92%, 4/21/2026	10/24/2024		8,908		8,731
	13,346	8302534, 4.58%, 4/21/2026	10/24/2024		12,477		12,908
	18,305	8302678, 5.69%, 4/21/2026	10/24/2024		17,429		15,380
	13,618	8302952, 5.20%, 4/21/2026	10/24/2024		12,846		12,927
	6,942	8303124, 6.10%, 4/21/2026	10/24/2024		6,523		6,442
	12,911	8303205, 6.18%, 4/21/2026	10/24/2024		12,169		11,538
	21,087	8303305, 4.91%, 4/21/2026	10/24/2024		19,857		20,248
	774	8303502, 5.42%, 4/21/2026	10/24/2024		724		735
	584	8303510, 6.32%, 4/21/2026	10/24/2024		533		557
	8,225	8303529, 4.58%, 4/21/2026	10/24/2024		7,808		7,880
	10,926	8303613, 6.18%, 4/21/2026	10/24/2024		9,984		10,395
	1,514	8303769, 5.92%, 4/21/2026	10/24/2024		1,429		1,374
	6,201	8303783, 4.58%, 4/21/2026	10/24/2024		5,887		5,957
	77,714	8303806, 4.91%, 4/21/2026	10/24/2024		72,995		74,752
	9,614	8304648, 4.58%, 4/22/2026	10/25/2024		9,066		9,297
	1,250	8304965, 4.77%, 4/22/2026	10/25/2024		1,192		1,192
	44,825	8305005, 5.69%, 4/22/2026	10/25/2024		42,071		42,233
	3,628	8306180, 6.30%, 4/22/2026	10/25/2024		3,417		3,272
	930	8306245, 6.17%, 4/22/2026	10/25/2024		873		862
	3,353	8306253, 4.58%, 4/22/2026	10/25/2024		3,144		3,242
	45,451	8306338, 4.58%, 4/22/2026	10/25/2024		43,352		41,876
	3,345	8306804, 4.58%, 4/22/2026	10/25/2024		3,164		3,232
	16,941	8306826, 4.58%, 4/22/2026	10/25/2024		16,020		16,348
	4,884	8307050, 6.43%, 4/22/2026	10/25/2024		4,437		4,650
	11,156	8307137, 6.18%, 4/22/2026	10/25/2024		10,634		5,978
	90,296	8307208, 5.20%, 4/22/2026	10/25/2024		85,145		85,708
	1,801	8308064, 4.92%, 4/23/2026	10/28/2024		1,698		1,726
	2,958	8308089, 5.93%, 4/23/2026	10/28/2024		2,746		2,814
	761	8308156, 6.30%, 4/23/2026	10/28/2024		708		708
	4,261	8308175, 5.20%, 4/23/2026	10/28/2024		4,005		4,053

See Notes to Financial Statements.

180 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	11,706	8308255, 4.58%, 4/23/2026	10/28/2024		11,009	$	11,319
	784	8308643, 4.78%, 4/23/2026	10/28/2024		755		711
	33,581	8308676, 5.92%, 4/23/2026	10/28/2024		31,576		31,296
	91,904	8309384, 4.58%, 4/23/2026	10/28/2024		86,924		88,668
	4,895	8310577, 4.58%, 4/23/2026	10/28/2024		4,623		4,728
	14,661	8310613, 5.20%, 4/23/2026	10/28/2024		13,776		13,999
	1,838	8310823, 4.58%, 4/23/2026	10/28/2024		1,717		1,778
	15,160	8310853, 5.69%, 4/23/2026	10/28/2024		14,068		14,431
	4,308	8311050, 6.09%, 4/23/2026	10/28/2024		4,128		1,854
	13,958	8311116, 4.58%, 4/23/2026	10/28/2024		13,267		13,326
	5,638	8311282, 5.93%, 4/23/2026	10/28/2024		5,314		5,110
	2,791	8313525, 4.77%, 4/24/2026	10/29/2024		2,674		2,573
	3,825	8313605, 6.21%, 4/24/2026	10/29/2024		3,593		3,501
	2,264	8313683, 5.43%, 4/24/2026	10/29/2024		2,181		872
	25,326	8313731, 6.33%, 4/24/2026	10/29/2024		23,995		18,709
	1,461	8314265, 4.77%, 4/24/2026	10/29/2024		1,414		899
	38,129	8314288, 4.60%, 4/24/2026	10/29/2024		36,133		36,605
	10,443	8315139, 5.46%, 4/24/2026	10/29/2024		9,788		9,936
	1,075	8315344, 6.18%, 4/24/2026	10/29/2024		1,003		1,006
	2,389	8315368, 5.72%, 4/24/2026	10/29/2024		2,227		2,267
	7,932	8315407, 6.45%, 4/24/2026	10/29/2024		7,407		7,368
	2,477	8315592, 5.44%, 4/24/2026	10/29/2024		2,378		1,647
	1,997	8315636, 6.33%, 4/24/2026	10/29/2024		1,883		1,578
	3,986	8315673, 4.77%, 4/24/2026	10/29/2024		3,739		3,805
	32,633	8315840, 4.93%, 4/24/2026	10/29/2024		30,536		31,409
	28,354	8316307, 5.94%, 4/24/2026	10/29/2024		26,673		26,207
	21,371	8316644, 5.46%, 4/24/2026	10/29/2024		20,090		20,076
	2,245	8317070, 4.60%, 4/24/2026	10/29/2024		2,121		2,167
	33,074	8317125, 6.33%, 4/24/2026	10/29/2024		31,232		26,140
	4,423	8317476, 4.60%, 4/25/2026	10/30/2024		4,162		4,274
	23,551	8317654, 6.33%, 4/25/2026	10/30/2024		21,872		21,897
	6,003	8318381, 5.22%, 4/25/2026	10/30/2024		5,661		5,643
	12,694	8318564, 5.22%, 4/25/2026	10/30/2024		11,882		12,137
	2,306	8318811, 4.92%, 4/25/2026	10/30/2024		2,195		2,055
	3,219	8318851, 4.93%, 4/25/2026	10/30/2024		2,995		3,104
	1,277	8318952, 5.46%, 4/25/2026	10/30/2024		1,195		1,215
	3,168	8318960, 5.22%, 4/25/2026	10/30/2024		2,980		3,013
	22,130	8318983, 5.94%, 4/25/2026	10/30/2024		20,662		20,815
	5,576	8319449, 6.34%, 4/25/2026	10/30/2024		5,266		3,026
	27,665	8319513, 4.93%, 4/25/2026	10/30/2024		26,156		26,218
	34,332	8319963, 4.60%, 4/25/2026	10/30/2024		32,387		33,138
	6,515	8320318, 5.22%, 4/25/2026	10/30/2024		6,195		5,560
	1,609	8320353, 5.44%, 4/25/2026	10/30/2024		1,510		1,511
	6,921	8320402, 4.60%, 4/25/2026	10/30/2024		6,550		6,660
	1,348	8320523, 6.45%, 4/25/2026	10/30/2024		1,243		1,270

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 181

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	6,193	8320545, 4.60%, 4/25/2026	10/30/2024		5,861	$	5,963
	1,239	8320631, 6.23%, 4/25/2026	10/30/2024		1,167		1,110
	14,656	8320635, 5.22%, 4/25/2026	10/30/2024		13,847		13,535
	3,249	8320933, 4.78%, 4/25/2026	10/30/2024		3,117		2,995
	6,416	8321019, 4.93%, 4/26/2026	10/31/2024		6,072		6,030
	1,447	8321066, 5.72%, 4/26/2026	10/31/2024		1,329		1,386
	1,302	8321080, 6.20%, 4/26/2026	10/31/2024		1,189		1,239
	803	8321099, 4.78%, 4/26/2026	10/31/2024		767		745
	6,029	8321121, 4.60%, 4/26/2026	10/31/2024		5,680		5,817
	6,335	8321171, 4.60%, 4/26/2026	10/31/2024		5,989		6,109
	1,135	8321221, 6.20%, 4/26/2026	10/31/2024		1,075		894
	5,950	8321231, 5.95%, 4/26/2026	10/31/2024		5,577		5,537
	1,512	8321276, 6.10%, 4/26/2026	10/31/2024		1,430		1,352
	14,962	8321289, 4.93%, 4/26/2026	10/31/2024		14,159		14,181
	2,255	8321419, 6.44%, 4/26/2026	10/31/2024		2,128		1,957
	3,950	8321437, 5.71%, 4/26/2026	10/31/2024		3,682		3,746
	4,058	8321480, 5.70%, 4/26/2026	10/31/2024		3,825		3,685
	22,774	8321513, 5.94%, 4/26/2026	10/31/2024		21,113		21,635
	968	8321819, 6.32%, 4/26/2026	10/31/2024		881		917
	8,383	8321833, 4.59%, 4/27/2026	10/31/2024		7,929		8,082
	3,994	8321890, 4.59%, 4/27/2026	10/31/2024		3,780		3,844
	5,667	8321937, 4.59%, 4/27/2026	10/31/2024		5,339		5,475
	3,156	8321982, 4.59%, 4/27/2026	10/31/2024		2,989		3,039
	12,327	8322012, 5.93%, 4/27/2026	10/31/2024		11,606		11,166
	2,732	8322111, 4.92%, 4/27/2026	10/31/2024		2,581		2,608
	3,567	8322132, 4.59%, 4/27/2026	10/31/2024		3,376		3,439
	10,558	8322164, 5.70%, 4/27/2026	10/31/2024		9,735		10,044
	1,688	8322287, 6.20%, 4/27/2026	10/31/2024		1,588		1,513
	1,208	8322305, 4.91%, 4/27/2026	10/31/2024		1,124		1,165
	23,889	8322329, 4.59%, 4/27/2026	10/31/2024		22,576		23,034
	31,285	8322552, 5.21%, 4/27/2026	10/31/2024		29,348		29,830
	1,554	8323426, 6.09%, 4/28/2026	10/31/2024		1,468		1,412
	10,922	8323497, 4.58%, 4/28/2026	10/31/2024		10,355		10,486
	8,629	8323780, 5.44%, 4/28/2026	10/31/2024		8,039		8,223
	2,965	8324044, 6.42%, 4/28/2026	10/31/2024		2,773		2,736
	5,527	8324102, 4.58%, 4/28/2026	10/31/2024		5,201		5,341
	1,569	8324235, 5.92%, 4/28/2026	10/31/2024		1,448		1,490
	720	8324279, 6.11%, 4/28/2026	10/31/2024		660		682
	24,861	8324299, 5.20%, 4/28/2026	10/31/2024		23,337		23,705
	5,185	8324691, 5.92%, 4/28/2026	10/31/2024		4,886		4,689
	7,194	8324729, 5.92%, 4/28/2026	10/31/2024		6,746		6,695
	2,648	8324811, 6.09%, 4/28/2026	10/31/2024		2,486		2,456
	4,766	8324849, 4.58%, 4/28/2026	10/31/2024		4,496		4,598
	3,954	8325738, 5.92%, 4/28/2026	10/31/2024		3,672		3,757
	18,613	8325818, 4.58%, 4/28/2026	10/31/2024		17,589		17,950

See Notes to Financial Statements.

182 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,966	8326184, 5.92%, 4/28/2026	10/31/2024		3,691	$	3,734
	725	8326267, 4.74%, 4/28/2026	10/31/2024		702		458
	6,878	8326291, 4.58%, 4/28/2026	10/31/2024		6,539		6,350
	5,147	8326449, 4.91%, 4/28/2026	10/31/2024		4,844		4,937
	14,243	8326538, 4.58%, 4/28/2026	10/31/2024		13,493		13,712
	6,569	8326729, 4.58%, 4/28/2026	10/31/2024		6,220		6,325
	36,785	8326874, 4.91%, 4/28/2026	10/31/2024		34,708		35,209
	2,849	8327189, 6.19%, 4/29/2026	11/1/2024		2,690		2,253
	10,036	8327287, 6.31%, 4/29/2026	11/1/2024		9,203		9,429
	7,517	8327622, 4.58%, 4/29/2026	11/1/2024		7,115		7,235
	1,513	8327844, 4.90%, 4/29/2026	11/1/2024		1,418		1,451
	2,958	8327919, 6.18%, 4/29/2026	11/1/2024		2,721		2,787
	8,898	8328045, 4.58%, 4/29/2026	11/1/2024		8,400		8,584
	4,633	8328313, 4.76%, 4/29/2026	11/1/2024		4,374		4,385
	40,626	8328460, 6.19%, 4/29/2026	11/1/2024		37,629		38,178
	4,053	8329300, 5.44%, 4/29/2026	11/1/2024		3,822		3,737
	1,297	8329326, 5.92%, 4/29/2026	11/1/2024		1,216		1,207
	84,829	8329418, 4.58%, 4/29/2026	11/1/2024		80,150		81,802
	1,304	8330470, 4.92%, 4/29/2026	11/1/2024		1,237		1,226
	2,274	8330487, 5.20%, 4/29/2026	11/1/2024		2,137		2,162
	5,615	8330523, 5.19%, 4/29/2026	11/1/2024		5,306		5,186
	12,984	8330602, 5.69%, 4/29/2026	11/1/2024		12,293		11,008
	465	8330779, 6.26%, 4/29/2026	11/1/2024		432		433
	3,185	8330787, 4.58%, 4/29/2026	11/1/2024		3,014		3,069
	10,013	8330844, 4.58%, 4/29/2026	11/1/2024		9,493		9,588
	3,996	8331008, 6.18%, 4/30/2026	11/4/2024		3,721		3,736
	12,685	8331105, 4.75%, 4/30/2026	11/4/2024		12,179		11,212
	13,089	8331486, 4.58%, 4/30/2026	11/4/2024		12,369		12,619
	2,860	8331868, 4.91%, 4/30/2026	11/4/2024		2,698		2,729
	16,874	8331923, 4.58%, 4/30/2026	11/4/2024		16,000		16,100
	2,071	8332215, 4.91%, 4/30/2026	11/4/2024		1,957		1,971
	3,633	8332248, 6.44%, 4/30/2026	11/4/2024		3,344		3,418
	3,277	8332325, 4.58%, 4/30/2026	11/4/2024		3,081		3,164
	46,291	8332385, 4.58%, 4/30/2026	11/4/2024		43,646		44,665
	1,625	8333011, 6.31%, 4/30/2026	11/4/2024		1,458		1,539
	12,701	8333041, 6.31%, 4/30/2026	11/4/2024		11,810		11,764
	14,382	8333210, 5.44%, 4/30/2026	11/4/2024		13,452		13,663
	6,886	8333390, 4.58%, 4/30/2026	11/4/2024		6,487		6,643
	4,267	8333439, 6.43%, 4/30/2026	11/4/2024		4,022		3,707
	87,457	8333478, 4.58%, 4/30/2026	11/4/2024		82,925		83,434
	3,891	8334244, 5.93%, 4/30/2026	11/4/2024		3,688		2,424
	5,159	8334272, 4.58%, 4/30/2026	11/4/2024		4,876		4,974
	6,455	8334296, 4.91%, 4/30/2026	11/4/2024		6,087		6,158
	10,146	8334325, 6.09%, 4/30/2026	11/4/2024		9,630		7,210
	13,604	8336679, 4.93%, 4/30/2026	11/5/2024		12,839		12,946

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 183

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	9,592	8337037, 5.48%, 4/30/2026	11/5/2024		9,003	$	9,002
	4,159	8337267, 6.23%, 4/30/2026	11/5/2024		3,892		3,837
	1,232	8337426, 5.96%, 4/30/2026	11/5/2024		1,145		1,158
	2,309	8337465, 4.60%, 4/30/2026	11/5/2024		2,176		2,227
	14,665	8337593, 5.96%, 4/30/2026	11/5/2024		13,682		13,696
	1,281	8337846, 5.74%, 4/30/2026	11/5/2024		1,198		1,203
	3,715	8337868, 5.23%, 4/30/2026	11/5/2024		3,484		3,530
	3,352	8337931, 5.73%, 4/30/2026	11/5/2024		3,151		3,114
	1,411	8338009, 4.61%, 4/30/2026	11/5/2024		1,334		1,360
	11,921	8338059, 4.61%, 4/30/2026	11/5/2024		11,263		11,483
	6,347	8338252, 5.47%, 4/30/2026	11/5/2024		5,951		6,027
	19,498	8338404, 4.61%, 4/30/2026	11/5/2024		18,460		18,717
	3,201	8338772, 6.22%, 4/30/2026	11/5/2024		2,947		3,011
	1,186	8338823, 6.21%, 4/30/2026	11/5/2024		1,098		1,116
	6,397	8338846, 5.45%, 4/30/2026	11/5/2024		6,088		5,690
	43,356	8338943, 4.61%, 4/30/2026	11/5/2024		40,996		41,710
	12,473	8339529, 5.96%, 4/30/2026	11/5/2024		11,623		11,714
	5,656	8339710, 4.94%, 4/30/2026	11/5/2024		5,339		5,382
	4,251	8339802, 6.34%, 4/30/2026	11/5/2024		4,014		3,197
	35,566	8339826, 6.47%, 4/30/2026	11/5/2024		33,111		32,904
	2,498	8340404, 5.47%, 4/30/2026	11/5/2024		2,348		2,343
	4,722	8340544, 4.78%, 5/1/2026	11/6/2024		4,396		4,516
	24,248	8340877, 5.72%, 5/1/2026	11/6/2024		22,768		22,502
	3,024	8341540, 4.60%, 5/1/2026	11/6/2024		2,855		2,912
	9,726	8341586, 4.94%, 5/1/2026	11/6/2024		9,180		9,254
	3,116	8341735, 4.61%, 5/1/2026	11/6/2024		2,937		3,005
	1,872	8341772, 4.61%, 5/1/2026	11/6/2024		1,764		1,805
	31,403	8341791, 5.47%, 5/1/2026	11/6/2024		29,316		29,806
	2,034	8342234, 4.79%, 5/1/2026	11/6/2024		1,967		955
	8,086	8342260, 5.23%, 5/1/2026	11/6/2024		7,546		7,709
	1,669	8342408, 5.73%, 5/1/2026	11/6/2024		1,569		1,515
	16,178	8342438, 5.72%, 5/1/2026	11/6/2024		14,984		15,373
	14,454	8342696, 4.94%, 5/1/2026	11/6/2024		13,529		13,892
	4,467	8342946, 5.47%, 5/1/2026	11/6/2024		4,161		4,254
	986	8343031, 4.77%, 5/1/2026	11/6/2024		915		945
	3,312	8343064, 4.77%, 5/1/2026	11/6/2024		3,179		2,932
	3,332	8343139, 4.78%, 5/1/2026	11/6/2024		3,200		2,741
	2,462	8343190, 6.12%, 5/1/2026	11/6/2024		2,332		1,760
	2,226	8343243, 6.22%, 5/1/2026	11/6/2024		2,101		1,769
	6,323	8343276, 4.94%, 5/1/2026	11/6/2024		5,964		6,014
	3,049	8343349, 5.45%, 5/1/2026	11/6/2024		2,867		2,869
	4,657	8343415, 6.22%, 5/1/2026	11/6/2024		4,326		4,348
	5,369	8343501, 6.34%, 5/1/2026	11/6/2024		4,892		5,073
	1,532	8343593, 5.97%, 5/1/2026	11/6/2024		1,441		1,386
	6,942	8343638, 4.61%, 5/1/2026	11/6/2024		6,560		6,677

See Notes to Financial Statements.

184 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,590	8343816, 6.24%, 5/2/2026	11/7/2024		1,497	$	1,265
	2,440	8343839, 6.21%, 5/2/2026	11/7/2024		2,310		1,497
	947	8343867, 6.13%, 5/2/2026	11/7/2024		902		452
	1,904	8343871, 4.60%, 5/2/2026	11/7/2024		1,803		1,822
	7,237	8343891, 5.95%, 5/2/2026	11/7/2024		6,801		6,545
	6,383	8343957, 5.48%, 5/2/2026	11/7/2024		5,980		5,988
	11,751	8344011, 6.34%, 5/2/2026	11/7/2024		10,828		11,030
	2,615	8344132, 5.96%, 5/2/2026	11/7/2024		2,417		2,479
	9,246	8344169, 4.61%, 5/2/2026	11/7/2024		8,744		8,894
	4,684	8344259, 4.61%, 5/2/2026	11/7/2024		4,427		4,505
	2,168	8344312, 5.73%, 5/2/2026	11/7/2024		2,017		2,048
	9,723	8344336, 4.61%, 5/2/2026	11/7/2024		9,205		9,304
	2,155	8344420, 5.23%, 5/2/2026	11/7/2024		2,037		1,325
	10,862	8344440, 4.93%, 5/2/2026	11/7/2024		10,105		10,462
	1,305	8344590, 6.22%, 5/2/2026	11/7/2024		1,191		1,241
	1,477	8344609, 5.96%, 5/2/2026	11/7/2024		1,392		1,212
	1,959	8344622, 6.47%, 5/2/2026	11/7/2024		1,837		1,764
	11,461	8344642, 6.46%, 5/2/2026	11/7/2024		10,709		10,455
	5,590	8344787, 4.61%, 5/2/2026	11/7/2024		5,293		5,349
	1,438	8344856, 5.72%, 5/2/2026	11/7/2024		1,346		1,346
	2,168	8344875, 5.95%, 5/3/2026	11/7/2024		2,017		2,037
	11,634	8344901, 4.93%, 5/3/2026	11/7/2024		10,905		11,166
	9,063	8345002, 4.77%, 5/3/2026	11/7/2024		8,604		8,507
	26,724	8345119, 4.60%, 5/3/2026	11/7/2024		25,230		25,724
	17,930	8345393, 5.22%, 5/3/2026	11/7/2024		16,696		17,145
	4,746	8345590, 4.60%, 5/3/2026	11/7/2024		4,493		4,541
	8,422	8345633, 4.92%, 5/3/2026	11/7/2024		7,945		8,010
	1,146	8345717, 5.42%, 5/3/2026	11/7/2024		1,086		1,048
	3,765	8345732, 6.20%, 5/3/2026	11/7/2024		3,376		3,580
	4,076	8345944, 4.59%, 5/4/2026	11/7/2024		3,841		3,931
	2,793	8345989, 4.59%, 5/4/2026	11/7/2024		2,633		2,694
	5,920	8346246, 5.70%, 5/4/2026	11/7/2024		5,554		5,500
	8,685	8346372, 6.19%, 5/4/2026	11/7/2024		8,081		8,108
	4,606	8346632, 4.91%, 5/4/2026	11/7/2024		4,327		4,422
	3,826	8346773, 5.43%, 5/4/2026	11/7/2024		3,658		2,649
	28,109	8346866, 5.93%, 5/4/2026	11/7/2024		26,355		25,945
	13,813	8347412, 4.92%, 5/4/2026	11/7/2024		13,008		13,203
	1,029	8347623, 6.09%, 5/4/2026	11/7/2024		967		914
	1,349	8347645, 4.75%, 5/4/2026	11/7/2024		1,288		1,245
	8,706	8347674, 4.59%, 5/4/2026	11/7/2024		8,260		8,043
	15,889	8347780, 4.59%, 5/4/2026	11/7/2024		15,045		15,203
	3,545	8347995, 5.42%, 5/4/2026	11/7/2024		3,361		3,243
	13,837	8348031, 5.93%, 5/4/2026	11/7/2024		12,927		12,930
	5,935	8348115, 4.59%, 5/4/2026	11/7/2024		5,608		5,713
	8,803	8348214, 4.76%, 5/4/2026	11/7/2024		8,425		7,951

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 185

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	5,485	8348339, 4.59%, 5/4/2026	11/7/2024		5,178	$	5,285
	18,623	8348408, 4.76%, 5/4/2026	11/7/2024		17,792		17,193
	1,473	8348717, 4.91%, 5/4/2026	11/7/2024		1,380		1,414
	2,823	8348745, 4.59%, 5/4/2026	11/7/2024		2,665		2,720
	2,160	8348787, 4.60%, 5/4/2026	11/7/2024		2,037		2,077
	9,861	8348822, 5.21%, 5/4/2026	11/7/2024		9,231		9,389
	858	8348968, 6.43%, 5/4/2026	11/7/2024		807		745
	7,053	8348972, 4.59%, 5/4/2026	11/7/2024		6,658		6,797
	273	8349029, 4.84%, 5/4/2026	11/7/2024		258		262
	16,535	8349040, 6.44%, 5/4/2026	11/7/2024		15,575		12,056
	36,095	8349172, 5.70%, 5/4/2026	11/7/2024		33,700		33,999
	22,152	8349711, 6.11%, 5/4/2026	11/7/2024		20,737		20,508
	2,253	8349852, 6.10%, 5/5/2026	11/8/2024		2,131		1,937
	742	8349901, 6.10%, 5/5/2026	11/8/2024		694		679
	1,160	8349932, 5.92%, 5/5/2026	11/8/2024		1,064		1,106
	2,626	8349972, 5.43%, 5/5/2026	11/8/2024		2,510		1,324
	2,397	8350017, 4.92%, 5/5/2026	11/8/2024		2,255		2,291
	5,251	8350137, 4.59%, 5/5/2026	11/8/2024		4,950		5,060
	3,804	8350271, 5.46%, 5/5/2026	11/8/2024		3,561		3,604
	3,067	8350352, 5.46%, 5/5/2026	11/8/2024		2,860		2,908
	447	8350399, 4.75%, 5/5/2026	11/8/2024		420		421
	4,338	8350402, 6.11%, 5/5/2026	11/8/2024		4,084		3,874
	3,380	8350456, 6.43%, 5/5/2026	11/8/2024		3,182		2,469
	626	8350593, 6.13%, 5/5/2026	11/8/2024		584		585
	8,943	8350608, 4.76%, 5/5/2026	11/8/2024		8,520		8,285
	21,703	8350993, 5.21%, 5/5/2026	11/8/2024		20,298		20,680
	19,969	8351352, 4.59%, 5/5/2026	11/8/2024		18,844		19,242
	3,976	8351663, 5.45%, 5/5/2026	11/8/2024		3,735		3,728
	1,562	8351736, 5.45%, 5/5/2026	11/8/2024		1,457		1,481
	8,432	8351762, 5.93%, 5/5/2026	11/8/2024		7,817		7,992
	4,189	8351950, 6.19%, 5/5/2026	11/8/2024		3,938		2,632
	19,515	8352014, 4.59%, 5/5/2026	11/8/2024		18,503		18,611
	2,220	8352307, 5.43%, 5/5/2026	11/8/2024		2,096		2,060
	4,610	8352342, 5.70%, 5/5/2026	11/8/2024		4,308		4,341
	5,762	8352419, 4.59%, 5/5/2026	11/8/2024		5,442		5,552
	13,548	8352539, 4.92%, 5/5/2026	11/8/2024		12,772		12,909
	29,372	8352692, 5.21%, 5/5/2026	11/8/2024		27,677		27,550
	2,858	8352988, 5.21%, 5/5/2026	11/8/2024		2,685		2,703
	79,987	8353025, 4.92%, 5/5/2026	11/8/2024		75,244		76,627
	6,869	8353377, 5.20%, 5/6/2026	11/12/2024		6,429		6,537
	13,979	8353607, 4.59%, 5/6/2026	11/12/2024		13,183		13,464
	1,606	8354010, 6.19%, 5/6/2026	11/12/2024		1,493		1,497
	9,180	8354146, 5.21%, 5/6/2026	11/12/2024		8,621		8,681
	4,626	8354497, 6.10%, 5/6/2026	11/12/2024		4,364		4,131
	5,782	8354581, 4.59%, 5/6/2026	11/12/2024		5,458		5,561

See Notes to Financial Statements.

186 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	6,461	8354675, 4.59%, 5/6/2026	11/12/2024		6,097	$	6,217
	1,755	8354819, 5.95%, 5/6/2026	11/12/2024		1,643		1,631
	14,991	8354861, 5.21%, 5/6/2026	11/12/2024		14,065		14,079
	5,500	8355027, 5.21%, 5/6/2026	11/12/2024		5,180		5,065
	14,361	8355099, 5.45%, 5/6/2026	11/12/2024		13,444		13,479
	23,730	8355428, 4.92%, 5/6/2026	11/12/2024		22,316		22,674
	2,442	8355876, 5.42%, 5/6/2026	11/12/2024		2,248		2,320
	9,523	8355938, 4.59%, 5/6/2026	11/12/2024		9,020		8,810
	18,206	8356040, 4.59%, 5/6/2026	11/12/2024		17,219		17,360
	62,555	8356344, 5.21%, 5/6/2026	11/12/2024		59,056		53,744
	18,766	8360862, 4.62%, 5/7/2026	11/13/2024		17,665		18,060
	841	8361057, 6.37%, 5/7/2026	11/13/2024		767		797
	5,113	8361086, 5.24%, 5/7/2026	11/13/2024		4,813		4,712
	15,464	8361221, 6.14%, 5/7/2026	11/13/2024		14,498		14,022
	39,428	8361668, 4.62%, 5/7/2026	11/13/2024		37,298		37,575
	3,583	8362580, 5.96%, 5/7/2026	11/13/2024		3,358		3,237
	1,638	8362661, 5.23%, 5/7/2026	11/13/2024		1,537		1,542
	2,709	8362712, 6.14%, 5/7/2026	11/13/2024		2,537		2,457
	30,754	8362793, 4.62%, 5/7/2026	11/13/2024		29,099		29,315
	3,171	8363308, 4.95%, 5/7/2026	11/13/2024		2,988		3,014
	5,813	8363411, 4.61%, 5/7/2026	11/13/2024		5,490		5,576
	2,282	8363517, 4.79%, 5/7/2026	11/13/2024		2,150		2,151
	5,211	8363606, 5.23%, 5/7/2026	11/13/2024		4,900		4,882
	3,204	8363708, 6.48%, 5/7/2026	11/13/2024		2,999		2,778
	2,424	8363766, 6.24%, 5/7/2026	11/13/2024		2,263		2,206
	4,825	8363829, 6.23%, 5/7/2026	11/13/2024		4,483		4,494
	1,193	8363972, 6.15%, 5/7/2026	11/13/2024		1,123		1,027
	3,721	8363988, 5.48%, 5/7/2026	11/13/2024		3,490		3,446
	20,312	8364035, 5.97%, 5/7/2026	11/13/2024		19,026		18,334
	6,674	8364345, 5.24%, 5/7/2026	11/13/2024		6,245		6,348
	1,069	8364455, 6.47%, 5/7/2026	11/13/2024		977		1,000
	3,097	8364470, 6.14%, 5/7/2026	11/13/2024		2,914		2,665
	3,677	8364497, 5.23%, 5/8/2026	11/14/2024		3,438		3,496
	1,385	8364834, 5.48%, 5/8/2026	11/14/2024		1,293		1,299
	2,591	8364884, 6.35%, 5/8/2026	11/14/2024		2,363		2,457
	18,266	8364926, 4.61%, 5/8/2026	11/14/2024		17,205		17,591
	32,485	8365323, 4.62%, 5/8/2026	11/14/2024		30,540		31,319
	5,667	8366266, 4.95%, 5/8/2026	11/14/2024		5,329		5,392
	66,249	8366324, 4.62%, 5/8/2026	11/14/2024		62,931		61,243
	2,934	8367155, 4.62%, 5/8/2026	11/14/2024		2,769		2,820
	5,935	8367196, 4.94%, 5/8/2026	11/14/2024		5,517		5,675
	17,283	8367297, 5.48%, 5/8/2026	11/14/2024		16,231		15,911
	70,098	8367679, 5.73%, 5/8/2026	11/14/2024		65,751		63,647
	15,727	8368313, 4.62%, 5/9/2026	11/15/2024		14,861		15,038
	6,491	8368467, 5.73%, 5/9/2026	11/15/2024		6,107		5,536

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 187

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,471	8368510, 6.35%, 5/9/2026	11/15/2024		2,286	$	2,257
	1,756	8368539, 6.25%, 5/9/2026	11/15/2024		1,637		1,597
	3,367	8368570, 5.47%, 5/9/2026	11/15/2024		3,177		3,007
	9,784	8368603, 4.62%, 5/9/2026	11/15/2024		9,237		9,383
	4,664	8368699, 5.97%, 5/9/2026	11/15/2024		4,334		4,376
	31,727	8368760, 4.95%, 5/9/2026	11/15/2024		29,511		30,522
	1,051	8369191, 5.98%, 5/10/2026	11/15/2024		969		993
	12,941	8369202, 5.96%, 5/10/2026	11/15/2024		11,991		12,142
	5,852	8369377, 5.96%, 5/10/2026	11/15/2024		5,486		4,851
	2,444	8369444, 4.78%, 5/10/2026	11/15/2024		2,321		2,255
	6,279	8369475, 4.93%, 5/10/2026	11/15/2024		5,932		5,645
	6,185	8369538, 6.22%, 5/10/2026	11/15/2024		5,811		4,986
	5,511	8369586, 5.23%, 5/10/2026	11/15/2024		5,158		5,228
	13,237	8369651, 5.23%, 5/10/2026	11/15/2024		12,265		12,645
	9,560	8369837, 4.61%, 5/10/2026	11/15/2024		9,009		9,192
	5,494	8369946, 4.94%, 5/10/2026	11/15/2024		5,176		5,201
	1,056	8370014, 6.33%, 5/11/2026	11/15/2024		987		923
	4,635	8370028, 6.11%, 5/11/2026	11/15/2024		4,354		4,132
	7,846	8370099, 4.60%, 5/11/2026	11/15/2024		7,399		7,555
	3,243	8370200, 6.32%, 5/11/2026	11/15/2024		3,020		2,968
	2,292	8370236, 5.95%, 5/11/2026	11/15/2024		2,103		2,176
	1,349	8370264, 5.92%, 5/11/2026	11/15/2024		1,266		1,121
	18,675	8370283, 5.46%, 5/11/2026	11/15/2024		17,552		17,184
	6,366	8370514, 5.22%, 5/11/2026	11/15/2024		5,912		6,080
	10,329	8370571, 5.71%, 5/11/2026	11/15/2024		9,647		9,681
	2,960	8370654, 5.22%, 5/11/2026	11/15/2024		2,744		2,830
	23,212	8370702, 6.12%, 5/11/2026	11/15/2024		21,124		21,753
	3,875	8370908, 6.33%, 5/11/2026	11/15/2024		3,560		3,628
	3,194	8370943, 5.22%, 5/11/2026	11/15/2024		2,962		3,055
	14,095	8370978, 4.93%, 5/11/2026	11/15/2024		13,143		13,525
	954	8371081, 4.75%, 5/11/2026	11/15/2024		897		899
	3,182	8371094, 4.60%, 5/11/2026	11/15/2024		2,980		3,071
	6,133	8371124, 6.12%, 5/11/2026	11/15/2024		5,775		5,282
	818	8371187, 6.23%, 5/11/2026	11/15/2024		748		777
	2,804	8371202, 5.95%, 5/11/2026	11/15/2024		2,610		2,631
	5,522	8371229, 6.33%, 5/11/2026	11/15/2024		5,098		5,122
	3,554	8371288, 6.12%, 5/11/2026	11/15/2024		3,309		3,281
	14,864	8371304, 5.22%, 5/11/2026	11/15/2024		13,989		13,687
	14,458	8371397, 5.94%, 5/11/2026	11/15/2024		13,623		12,013
	3,644	8371480, 6.45%, 5/11/2026	11/15/2024		3,321		3,434
	33,259	8371510, 5.71%, 5/11/2026	11/15/2024		31,016		31,140
	10,180	8372031, 6.44%, 5/12/2026	11/15/2024		9,445		9,316
	4,368	8372272, 5.46%, 5/12/2026	11/15/2024		4,071		4,134
	2,219	8372454, 6.20%, 5/12/2026	11/15/2024		2,009		2,095
	9,101	8372617, 5.93%, 5/12/2026	11/15/2024		8,491		8,441

See Notes to Financial Statements.

188 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	31,795	8372927, 4.59%, 5/12/2026	11/15/2024		29,885	$	30,642
	3,484	8373455, 4.60%, 5/12/2026	11/15/2024		3,297		3,319
	3,075	8373509, 6.19%, 5/12/2026	11/15/2024		2,851		2,868
	15,620	8373543, 6.20%, 5/12/2026	11/15/2024		14,542		14,384
	2,089	8373803, 4.60%, 5/12/2026	11/15/2024		1,972		2,008
	18,172	8373832, 4.59%, 5/12/2026	11/15/2024		17,127		17,494
	6,674	8374129, 4.59%, 5/12/2026	11/15/2024		6,242		6,442
	41,567	8374258, 4.59%, 5/12/2026	11/15/2024		39,338		39,604
	1,678	8374622, 6.10%, 5/12/2026	11/15/2024		1,559		1,565
	7,520	8374632, 5.43%, 5/12/2026	11/15/2024		7,101		6,888
	1,028	8374705, 6.33%, 5/12/2026	11/15/2024		963		899
	3,354	8374708, 6.10%, 5/12/2026	11/15/2024		3,182		1,771
	8,648	8374733, 5.70%, 5/12/2026	11/15/2024		8,071		8,103
	27,394	8374867, 4.92%, 5/12/2026	11/15/2024		25,755		26,147
	5,713	8375325, 6.32%, 5/13/2026	11/18/2024		5,205		5,392
	34,848	8375507, 4.92%, 5/13/2026	11/18/2024		32,629		33,410
	30,868	8376493, 5.45%, 5/13/2026	11/18/2024		28,873		28,901
	3,502	8376876, 5.43%, 5/13/2026	11/18/2024		3,320		2,973
	20,406	8376939, 4.59%, 5/13/2026	11/18/2024		19,244		19,557
	6,864	8377120, 4.59%, 5/13/2026	11/18/2024		6,468		6,594
	18,463	8377201, 5.70%, 5/13/2026	11/18/2024		17,258		17,272
	9,112	8377427, 4.59%, 5/13/2026	11/18/2024		8,595		8,708
	7,212	8377508, 4.92%, 5/13/2026	11/18/2024		6,700		6,936
	4,354	8377664, 5.93%, 5/13/2026	11/18/2024		4,052		4,060
	64,864	8377733, 4.59%, 5/13/2026	11/18/2024		61,406		60,101
	13,504	8378295, 4.59%, 5/13/2026	11/18/2024		12,787		12,509
	31,143	8378406, 4.92%, 5/13/2026	11/18/2024		29,241		29,791
	6,091	8380711, 5.96%, 5/14/2026	11/19/2024		5,617		5,750
	5,853	8380814, 5.45%, 5/14/2026	11/19/2024		5,540		4,976
	1,465	8380897, 6.22%, 5/14/2026	11/19/2024		1,362		1,326
	5,088	8380913, 6.47%, 5/14/2026	11/19/2024		4,682		4,711
	545	8381003, 6.12%, 5/14/2026	11/19/2024		501		509
	3,307	8381008, 5.23%, 5/14/2026	11/19/2024		3,100		3,111
	2,521	8381084, 4.78%, 5/14/2026	11/19/2024		2,385		2,323
	3,813	8381138, 4.60%, 5/14/2026	11/19/2024		3,597		3,663
	3,834	8381210, 5.48%, 5/14/2026	11/19/2024		3,571		3,627
	1,551	8381343, 5.21%, 5/14/2026	11/19/2024		1,448		1,473
	1,444	8381375, 5.97%, 5/14/2026	11/19/2024		1,339		1,354
	2,758	8381408, 5.45%, 5/14/2026	11/19/2024		2,604		2,466
	4,905	8381505, 6.47%, 5/14/2026	11/19/2024		4,570		4,474
	10,608	8381720, 5.23%, 5/14/2026	11/19/2024		9,877		10,086
	10,906	8381985, 6.22%, 5/14/2026	11/19/2024		10,072		10,173
	560	8382205, 5.43%, 5/14/2026	11/19/2024		525		518
	8,271	8382217, 5.95%, 5/14/2026	11/19/2024		7,728		7,468
	9,574	8382390, 4.61%, 5/14/2026	11/19/2024		9,033		9,176

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 189

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	4,122	8382528, 4.61%, 5/14/2026	11/19/2024		3,883	$	3,959
	1,363	8382593, 5.96%, 5/14/2026	11/19/2024		1,262		1,278
	6,629	8382608, 4.93%, 5/14/2026	11/19/2024		6,244		6,270
	1,106	8382706, 4.78%, 5/14/2026	11/19/2024		1,038		1,041
	41,543	8382749, 5.96%, 5/14/2026	11/19/2024		38,495		38,966
	1,610	8383311, 5.49%, 5/14/2026	11/19/2024		1,505		1,505
	2,734	8383332, 6.13%, 5/14/2026	11/19/2024		2,538		2,524
	4,284	8383408, 5.96%, 5/14/2026	11/19/2024		3,999		3,948
	9,958	8383470, 4.61%, 5/14/2026	11/19/2024		9,387		9,569
	13,247	8383652, 5.95%, 5/14/2026	11/19/2024		12,415		11,050
	20,428	8383840, 5.96%, 5/14/2026	11/19/2024		19,069		18,824
	39,980	8384096, 5.47%, 5/14/2026	11/19/2024		37,400		37,410
	7,363	8384497, 4.78%, 5/15/2026	11/20/2024		6,981		6,788
	7,392	8384748, 4.93%, 5/15/2026	11/20/2024		6,912		7,081
	37,647	8384916, 4.61%, 5/15/2026	11/20/2024		35,564		35,842
	7,610	8385766, 6.46%, 5/15/2026	11/20/2024		7,153		5,692
	8,297	8385933, 4.61%, 5/15/2026	11/20/2024		7,802		7,985
	3,158	8386134, 5.47%, 5/15/2026	11/20/2024		2,933		2,997
	6,125	8386177, 4.61%, 5/15/2026	11/20/2024		5,765		5,895
	46,404	8386335, 4.61%, 5/15/2026	11/20/2024		43,580		44,704
	16,251	8387172, 5.47%, 5/15/2026	11/20/2024		15,183		15,243
	6,935	8387437, 5.23%, 5/15/2026	11/20/2024		6,449		6,613
	3,931	8387499, 4.61%, 5/15/2026	11/20/2024		3,701		3,785
	1,686	8387539, 5.47%, 5/15/2026	11/20/2024		1,564		1,600
	51,235	8387563, 5.47%, 5/15/2026	11/20/2024		47,807		48,360
	7,872	8387907, 4.94%, 5/16/2026	11/21/2024		7,404		7,439
	24,358	8387989, 4.61%, 5/16/2026	11/21/2024		22,943		23,398
	4,203	8388257, 5.72%, 5/16/2026	11/21/2024		3,944		3,608
	2,971	8388305, 4.79%, 5/16/2026	11/21/2024		2,813		2,738
	8,881	8388340, 4.61%, 5/16/2026	11/21/2024		8,376		8,530
	1,595	8388440, 6.23%, 5/16/2026	11/21/2024		1,473		1,488
	7,874	8388459, 6.22%, 5/16/2026	11/21/2024		7,301		7,308
	11,885	8388557, 6.22%, 5/16/2026	11/21/2024		11,078		10,639
	17,008	8388718, 5.96%, 5/16/2026	11/21/2024		15,904		14,228
	3,437	8388932, 5.44%, 5/17/2026	11/21/2024		3,207		3,216
	10,278	8388969, 4.60%, 5/17/2026	11/21/2024		9,668		9,892
	2,412	8389101, 4.61%, 5/17/2026	11/21/2024		2,274		2,316
	3,958	8389126, 5.94%, 5/17/2026	11/21/2024		3,684		3,661
	13,512	8389178, 6.46%, 5/17/2026	11/21/2024		12,417		12,500
	2,279	8389355, 5.46%, 5/17/2026	11/21/2024		2,126		2,152
	5,009	8389387, 4.60%, 5/17/2026	11/21/2024		4,684		4,832
	1,879	8389477, 5.96%, 5/17/2026	11/21/2024		1,740		1,761
	3,063	8389517, 5.21%, 5/17/2026	11/21/2024		2,861		2,898
	3,188	8389566, 4.58%, 5/18/2026	11/21/2024		3,004		3,063
	1,089	8389857, 6.12%, 5/18/2026	11/21/2024		1,009		1,015

See Notes to Financial Statements.

190 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,276	8389871, 6.33%, 5/18/2026	11/21/2024		1,179	$	1,181
	1,266	8389886, 4.76%, 5/18/2026	11/21/2024		1,195		1,180
	2,172	8389950, 5.69%, 5/18/2026	11/21/2024		2,000		2,065
	2,294	8390010, 6.19%, 5/18/2026	11/21/2024		2,145		1,878
	6,415	8390066, 6.20%, 5/18/2026	11/21/2024		5,957		5,956
	6,764	8390234, 4.59%, 5/18/2026	11/21/2024		6,376		6,497
	3,379	8390447, 5.43%, 5/18/2026	11/21/2024		3,175		3,118
	2,435	8390651, 5.21%, 5/18/2026	11/21/2024		2,263		2,320
	6,800	8390755, 5.21%, 5/18/2026	11/21/2024		6,381		6,400
	4,719	8390909, 5.70%, 5/18/2026	11/21/2024		4,407		4,373
	1,013	8390976, 5.42%, 5/18/2026	11/21/2024		955		927
	23,335	8390989, 5.21%, 5/18/2026	11/21/2024		21,819		22,089
	3,466	8391414, 5.93%, 5/18/2026	11/21/2024		3,179		3,280
	1,998	8391493, 4.59%, 5/18/2026	11/21/2024		1,883		1,919
	3,530	8391534, 5.43%, 5/18/2026	11/21/2024		3,329		3,230
	1,358	8391601, 6.32%, 5/18/2026	11/21/2024		1,258		1,245
	703	8391641, 4.59%, 5/18/2026	11/21/2024		660		678
	3,106	8391661, 4.91%, 5/18/2026	11/21/2024		2,914		2,958
	1,928	8391705, 4.93%, 5/18/2026	11/21/2024		1,807		1,846
	4,695	8391735, 4.92%, 5/18/2026	11/21/2024		4,371		4,515
	4,647	8391791, 6.19%, 5/18/2026	11/21/2024		4,312		4,314
	8,446	8391857, 6.11%, 5/18/2026	11/21/2024		7,732		7,932
	9,272	8392039, 5.70%, 5/18/2026	11/21/2024		8,633		8,705
	33,881	8392179, 4.92%, 5/18/2026	11/21/2024		31,809		32,298
	1,641	8392722, 6.18%, 5/18/2026	11/21/2024		1,525		1,524
	4,129	8392743, 5.93%, 5/18/2026	11/21/2024		3,837		3,843
	6,805	8392804, 6.44%, 5/18/2026	11/21/2024		6,352		5,912
	26,339	8392876, 4.59%, 5/18/2026	11/21/2024		24,837		25,297
	4,303	8393246, 4.76%, 5/18/2026	11/21/2024		4,092		3,893
	15,350	8393348, 4.92%, 5/18/2026	11/21/2024		14,443		14,577
	7,068	8393487, 5.93%, 5/19/2026	11/22/2024		6,562		6,615
	1,397	8393606, 5.48%, 5/19/2026	11/22/2024		1,304		1,310
	2,073	8393638, 4.60%, 5/19/2026	11/22/2024		1,949		1,995
	7,375	8393656, 4.59%, 5/19/2026	11/22/2024		6,937		7,098
	14,863	8393829, 4.59%, 5/19/2026	11/22/2024		13,988		14,307
	1,101	8394181, 5.92%, 5/19/2026	11/22/2024		1,023		1,027
	1,746	8394213, 6.21%, 5/19/2026	11/22/2024		1,627		1,566
	3,050	8394243, 4.92%, 5/19/2026	11/22/2024		2,860		2,914
	8,958	8394355, 5.45%, 5/19/2026	11/22/2024		8,362		8,399
	20,488	8394639, 4.59%, 5/19/2026	11/22/2024		19,314		19,675
	3,223	8395078, 5.21%, 5/19/2026	11/22/2024		3,021		3,032
	2,597	8395123, 6.31%, 5/19/2026	11/22/2024		2,371		2,447
	786	8395175, 6.10%, 5/19/2026	11/22/2024		737		680
	1,728	8395185, 6.11%, 5/19/2026	11/22/2024		1,566		1,633
	2,834	8395243, 5.94%, 5/19/2026	11/22/2024		2,600		2,692

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 191

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,478	8395307, 4.78%, 5/19/2026	11/22/2024		1,399	$	1,369
	5,777	8395335, 4.59%, 5/19/2026	11/22/2024		5,442		5,560
	19,775	8395392, 5.45%, 5/19/2026	11/22/2024		18,459		18,661
	473	8395793, 5.45%, 5/19/2026	11/22/2024		437		450
	35,296	8395805, 5.43%, 5/19/2026	11/22/2024		33,103		32,647
	5,476	8396433, 5.93%, 5/19/2026	11/22/2024		5,111		4,952
	23,972	8396479, 5.45%, 5/19/2026	11/22/2024		22,305		22,737
	50,259	8396798, 4.59%, 5/19/2026	11/22/2024		47,346		48,367
	3,873	8397255, 5.45%, 5/20/2026	11/25/2024		3,587		3,678
	18,636	8397370, 6.44%, 5/20/2026	11/25/2024		17,357		16,186
	2,485	8397862, 6.20%, 5/20/2026	11/25/2024		2,311		2,253
	10,807	8397941, 4.59%, 5/20/2026	11/25/2024		10,195		10,329
	943	8398275, 5.21%, 5/20/2026	11/25/2024		879		898
	22,763	8398292, 5.93%, 5/20/2026	11/25/2024		21,168		21,046
	6,257	8398955, 5.21%, 5/20/2026	11/25/2024		5,895		5,448
	2,070	8399073, 5.94%, 5/20/2026	11/25/2024		1,932		1,873
	14,882	8399118, 4.59%, 5/20/2026	11/25/2024		14,113		11,032
	5,683	8399363, 4.59%, 5/20/2026	11/25/2024		5,359		5,443
	5,470	8399513, 6.44%, 5/20/2026	11/25/2024		5,102		4,760
	12,418	8399576, 4.59%, 5/20/2026	11/25/2024		11,699		11,896
	21,244	8399793, 6.10%, 5/20/2026	11/25/2024		19,686		19,591
	24,907	8400119, 4.59%, 5/20/2026	11/25/2024		23,418		23,969
	28,264	8400443, 5.45%, 5/20/2026	11/25/2024		26,157		26,835
	2,245	8400804, 5.45%, 5/20/2026	11/25/2024		2,108		1,961
	9,807	8400827, 5.45%, 5/20/2026	11/25/2024		9,141		9,293
	9,483	8400990, 5.21%, 5/20/2026	11/25/2024		8,890		8,869
	5,349	8403363, 4.93%, 5/21/2026	11/26/2024		5,028		5,050
	2,728	8403417, 6.13%, 5/21/2026	11/26/2024		2,491		2,576
	1,082	8403510, 5.97%, 5/21/2026	11/26/2024		990		1,026
	1,978	8403531, 4.61%, 5/21/2026	11/26/2024		1,859		1,903
	2,806	8403562, 6.12%, 5/21/2026	11/26/2024		2,627		2,153
	2,438	8403617, 6.22%, 5/21/2026	11/26/2024		2,260		2,248
	5,307	8403661, 4.94%, 5/21/2026	11/26/2024		4,973		5,069
	20,663	8403763, 5.47%, 5/21/2026	11/26/2024		19,368		18,091
	2,098	8404365, 5.45%, 5/21/2026	11/26/2024		1,963		1,941
	26,070	8404468, 6.34%, 5/21/2026	11/26/2024		24,122		23,959
	5,153	8405108, 6.13%, 5/21/2026	11/26/2024		4,852		2,538
	3,683	8405182, 5.96%, 5/21/2026	11/26/2024		3,432		3,096
	6,795	8405254, 4.61%, 5/21/2026	11/26/2024		6,400		6,506
	91,527	8405414, 5.95%, 5/21/2026	11/26/2024		84,676		85,735
	13,358	8406928, 5.47%, 5/21/2026	11/26/2024		12,554		11,696
	2,846	8407085, 5.24%, 5/21/2026	11/26/2024		2,665		2,678
	2,653	8407133, 6.47%, 5/21/2026	11/26/2024		2,470		2,310
	10,099	8407197, 5.47%, 5/21/2026	11/26/2024		9,419		9,467
	17,041	8407372, 5.47%, 5/21/2026	11/26/2024		16,024		14,922

See Notes to Financial Statements.

192 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	10,285	8407579, 5.72%, 5/22/2026	11/27/2024		9,472	$	9,678
	4,297	8407928, 4.79%, 5/22/2026	11/27/2024		4,084		3,662
	3,565	8408019, 6.21%, 5/22/2026	11/27/2024		3,320		2,949
	6,838	8408158, 4.94%, 5/22/2026	11/27/2024		6,414		6,501
	1,016	8408336, 6.14%, 5/22/2026	11/27/2024		946		922
	8,495	8408368, 6.22%, 5/22/2026	11/27/2024		7,881		7,705
	5,515	8408759, 5.22%, 5/22/2026	11/27/2024		5,161		5,191
	31,065	8408957, 4.94%, 5/22/2026	11/27/2024		29,169		29,489
	19,673	8409804, 5.72%, 5/22/2026	11/27/2024		18,085		18,676
	3,879	8411495, 5.96%, 5/22/2026	11/27/2024		3,598		3,615
	1,000	8411553, 6.22%, 5/22/2026	11/27/2024		914		947
	938	8411576, 6.21%, 5/22/2026	11/27/2024		863		875
	2,831	8411611, 6.14%, 5/22/2026	11/27/2024		2,633		2,569
	12,427	8411650, 4.61%, 5/22/2026	11/27/2024		11,699		11,935
	8,767	8411920, 6.22%, 5/22/2026	11/27/2024		8,169		7,252
	1,317	8412063, 5.97%, 5/22/2026	11/27/2024		1,221		1,228
	11,876	8412107, 6.22%, 5/22/2026	11/27/2024		11,014		10,955
	2,667	8412303, 6.46%, 5/22/2026	11/27/2024		2,426		2,496
	5,200	8412360, 4.78%, 5/22/2026	11/27/2024		4,929		4,712
	38,278	8412487, 6.22%, 5/22/2026	11/27/2024		34,946		36,246
	3,535	8413024, 5.23%, 5/23/2026	11/29/2024		3,299		3,345
	16,320	8413077, 5.47%, 5/23/2026	11/29/2024		15,269		14,974
	3,041	8413284, 4.61%, 5/23/2026	11/29/2024		2,859		2,926
	13,792	8413323, 4.61%, 5/23/2026	11/29/2024		13,005		13,134
	3,912	8413504, 6.13%, 5/23/2026	11/29/2024		3,591		3,654
	3,226	8413556, 5.23%, 5/23/2026	11/29/2024		3,026		2,969
	3,259	8413601, 4.78%, 5/23/2026	11/29/2024		3,086		2,955
	1,573	8413641, 5.95%, 5/23/2026	11/29/2024		1,463		1,454
	31,141	8413665, 4.61%, 5/23/2026	11/29/2024		29,191		29,986
	5,518	8414107, 5.22%, 5/24/2026	11/29/2024		5,096		5,259
	3,065	8414239, 5.46%, 5/24/2026	11/29/2024		2,866		2,812
	3,981	8414289, 5.22%, 5/24/2026	11/29/2024		3,723		3,758
	11,753	8414333, 5.71%, 5/24/2026	11/29/2024		10,909		10,969
	21,901	8414491, 4.60%, 5/24/2026	11/29/2024		20,570		21,072
	2,254	8415318, 6.44%, 5/25/2026	11/29/2024		2,090		2,036
	2,833	8415364, 6.44%, 5/25/2026	11/29/2024		2,580		2,669
	6,298	8415510, 4.59%, 5/25/2026	11/29/2024		5,952		5,885
	2,207	8415797, 4.77%, 5/25/2026	11/29/2024		2,072		2,060
	10,643	8415924, 4.59%, 5/25/2026	11/29/2024		10,037		10,181
	3,425	8416364, 5.93%, 5/25/2026	11/29/2024		3,174		3,207
	1,842	8416484, 6.21%, 5/25/2026	11/29/2024		1,710		1,673
	4,601	8416527, 5.45%, 5/25/2026	11/29/2024		4,285		4,342
	1,782	8416641, 5.94%, 5/25/2026	11/29/2024		1,635		1,691
	2,430	8416732, 6.12%, 5/25/2026	11/29/2024		2,256		2,241
	6,944	8416790, 5.20%, 5/25/2026	11/29/2024		6,507		6,503

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 193

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	4,460	8416974, 4.59%, 5/25/2026	11/29/2024		4,200	$	4,286
	9,391	8417076, 5.45%, 5/25/2026	11/29/2024		8,805		8,301
	2,170	8417295, 6.31%, 5/25/2026	11/29/2024		2,008		2,001
	3,649	8417359, 4.59%, 5/25/2026	11/29/2024		3,425		3,514
	12,246	8417429, 4.59%, 5/25/2026	11/29/2024		11,515		11,781
	17,336	8417688, 4.92%, 5/25/2026	11/29/2024		16,250		16,518
	1,041	8417965, 4.59%, 5/25/2026	11/29/2024		980		1,000
	7,624	8417990, 5.43%, 5/25/2026	11/29/2024		7,187		6,589
	3,951	8418098, 6.32%, 5/25/2026	11/29/2024		3,661		3,564
	17,880	8418212, 5.45%, 5/25/2026	11/29/2024		16,573		16,928
	5,100	8418590, 6.44%, 5/25/2026	11/29/2024		4,735		4,604
	1,655	8418694, 5.92%, 5/25/2026	11/29/2024		1,537		1,532
	22,699	8418736, 4.59%, 5/25/2026	11/29/2024		21,375		21,793
	6,378	8419058, 4.77%, 5/25/2026	11/29/2024		5,944		6,057
	5,463	8419160, 5.42%, 5/25/2026	11/29/2024		5,075		5,155
	39,234	8419250, 5.21%, 5/25/2026	11/29/2024		36,670		37,037
	6,174	8421071, 5.46%, 5/26/2026	12/2/2024		5,750		5,726
	11,518	8421135, 5.44%, 5/26/2026	12/2/2024		10,769		10,618
	10,157	8421250, 6.21%, 5/26/2026	12/2/2024		9,386		9,420
	21,639	8421410, 5.46%, 5/26/2026	12/2/2024		20,208		20,126
	2,759	8421943, 5.23%, 5/26/2026	12/2/2024		2,573		2,617
	1,016	8422031, 4.75%, 5/26/2026	12/2/2024		949		957
	10,525	8422128, 4.92%, 5/26/2026	12/2/2024		9,750		10,112
	2,415	8422554, 5.93%, 5/26/2026	12/2/2024		2,238		2,255
	9,342	8422593, 4.60%, 5/26/2026	12/2/2024		8,792		8,977
	3,778	8422805, 5.47%, 5/26/2026	12/2/2024		3,517		3,547
	1,572	8422869, 4.60%, 5/26/2026	12/2/2024		1,481		1,510
	7,570	8422906, 4.60%, 5/26/2026	12/2/2024		7,129		7,257
	1,274	8423112, 6.14%, 5/26/2026	12/2/2024		1,182		1,154
	33,483	8423132, 4.60%, 5/26/2026	12/2/2024		31,545		32,097
	59,701	8423775, 6.33%, 5/26/2026	12/2/2024		55,044		55,272
	12,032	8424879, 5.22%, 5/26/2026	12/2/2024		11,240		11,353
	3,760	8427275, 5.23%, 5/27/2026	12/3/2024		3,526		3,347
	5,843	8427353, 4.62%, 5/27/2026	12/3/2024		5,492		5,613
	5,003	8427412, 5.96%, 5/27/2026	12/3/2024		4,668		4,311
	2,939	8427431, 5.45%, 5/27/2026	12/3/2024		2,753		2,692
	4,241	8427449, 5.96%, 5/27/2026	12/3/2024		3,920		3,969
	2,847	8427473, 6.35%, 5/27/2026	12/3/2024		2,611		2,631
	15,251	8427508, 5.97%, 5/27/2026	12/3/2024		14,184		13,867
	19,011	8427729, 4.95%, 5/27/2026	12/3/2024		17,857		17,874
	4,158	8428067, 5.96%, 5/27/2026	12/3/2024		3,844		3,891
	1,845	8428146, 5.48%, 5/27/2026	12/3/2024		1,724		1,701
	1,701	8428175, 5.98%, 5/27/2026	12/3/2024		1,582		1,465
	4,335	8428200, 5.96%, 5/27/2026	12/3/2024		4,023		4,008
	12,410	8428299, 5.24%, 5/27/2026	12/3/2024		11,632		11,043

See Notes to Financial Statements.

194 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	4,300	8428518, 5.74%, 5/27/2026	12/3/2024		3,981	$	4,034
	3,820	8428604, 5.23%, 5/27/2026	12/3/2024		3,565		3,616
	3,868	8428664, 4.62%, 5/27/2026	12/3/2024		3,635		3,717
	15,532	8428710, 5.97%, 5/27/2026	12/3/2024		14,465		13,385
	3,564	8428906, 5.46%, 5/27/2026	12/3/2024		3,325		3,305
	2,484	8428961, 5.25%, 5/27/2026	12/3/2024		2,312		2,363
	8,031	8428994, 4.94%, 5/27/2026	12/3/2024		7,508		7,682
	41,481	8429056, 5.24%, 5/27/2026	12/3/2024		38,738		39,164
	9,140	8429523, 4.62%, 5/27/2026	12/3/2024		8,603		8,744
	2,103	8429588, 6.47%, 5/27/2026	12/3/2024		1,940		1,928
	17,174	8429610, 4.62%, 5/27/2026	12/3/2024		16,138		16,523
	6,373	8429769, 4.94%, 5/27/2026	12/3/2024		5,975		6,053
	11,282	8429861, 4.95%, 5/27/2026	12/3/2024		10,574		10,716
	510	8429951, 4.62%, 5/27/2026	12/3/2024		479		491
	7,891	8429959, 5.49%, 5/27/2026	12/3/2024		7,350		7,385
	5,674	8430051, 5.97%, 5/27/2026	12/3/2024		5,285		4,889
	1,039	8430107, 6.15%, 5/27/2026	12/3/2024		968		907
	49,368	8430141, 5.73%, 5/27/2026	12/3/2024		45,955		45,110
	2,475	8430676, 4.95%, 5/27/2026	12/3/2024		2,324		2,327
	22,845	8430698, 4.62%, 5/27/2026	12/3/2024		21,473		21,950
	6,534	8430819, 4.62%, 5/27/2026	12/3/2024		6,160		6,118
	3,016	8430862, 5.73%, 5/27/2026	12/3/2024		2,794		2,837
	6,711	8430891, 4.61%, 5/27/2026	12/3/2024		6,309		6,449
	20,719	8430928, 5.73%, 5/27/2026	12/3/2024		19,312		18,933
	2,562	8431074, 4.62%, 5/27/2026	12/3/2024		2,407		2,465
	8,467	8431090, 5.97%, 5/27/2026	12/3/2024		7,880		7,297
	10,700	8431170, 4.62%, 5/27/2026	12/3/2024		10,060		10,283
	43,414	8431227, 4.94%, 5/27/2026	12/3/2024		40,722		41,237
	4,125	8431679, 4.94%, 5/28/2026	12/4/2024		3,865		3,918
	1,556	8431716, 5.98%, 5/28/2026	12/4/2024		1,437		1,460
	4,172	8431728, 5.48%, 5/28/2026	12/4/2024		3,883		3,921
	6,220	8431749, 6.48%, 5/28/2026	12/4/2024		5,728		5,705
	7,237	8431787, 4.79%, 5/28/2026	12/4/2024		6,825		6,689
	2,548	8431810, 4.94%, 5/28/2026	12/4/2024		2,384		2,433
	54,651	8431825, 5.48%, 5/28/2026	12/4/2024		51,008		50,450
	9,786	8432139, 4.62%, 5/28/2026	12/4/2024		9,205		9,384
	18,613	8432206, 4.95%, 5/28/2026	12/4/2024		17,425		17,683
	3,157	8432302, 4.94%, 5/28/2026	12/4/2024		2,948		3,019
	2,639	8432310, 6.13%, 5/28/2026	12/4/2024		2,449		2,400
	4,245	8432321, 5.48%, 5/28/2026	12/4/2024		3,919		4,047
	8,068	8432346, 4.62%, 5/28/2026	12/4/2024		7,570		7,762
	12,058	8432393, 6.36%, 5/28/2026	12/4/2024		11,085		11,157
	5,930	8432452, 5.46%, 5/28/2026	12/4/2024		5,530		5,507
	4,949	8432481, 6.14%, 5/28/2026	12/4/2024		4,564		4,559
	3,209	8432507, 6.23%, 5/28/2026	12/4/2024		2,962		2,978

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 195

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	7,398	8432513, 6.35%, 5/28/2026	12/4/2024		6,826	$	6,778
	105,076	8432552, 5.48%, 5/28/2026	12/4/2024		97,864		98,411
	2,846	8434148, 6.13%, 5/29/2026	12/4/2024		2,627		2,649
	2,378	8434182, 6.22%, 5/29/2026	12/4/2024		2,206		2,151
	9,334	8434214, 5.96%, 5/29/2026	12/4/2024		8,656		8,665
	6,398	8434316, 6.35%, 5/29/2026	12/4/2024		5,955		5,297
	10,626	8434431, 4.61%, 5/29/2026	12/4/2024		9,956		10,241
	2,184	8434612, 5.23%, 5/29/2026	12/4/2024		2,036		2,075
	7,856	8434662, 4.61%, 5/29/2026	12/4/2024		7,387		7,554
	8,791	8434747, 5.95%, 5/29/2026	12/4/2024		8,137		8,151
	51,126	8434831, 5.95%, 5/29/2026	12/4/2024		47,224		47,968
	1,606	8435309, 6.11%, 5/29/2026	12/4/2024		1,488		1,459
	3,800	8435332, 5.73%, 5/29/2026	12/4/2024		3,547		3,372
	303	8435380, 5.47%, 5/29/2026	12/4/2024		284		278
	5,144	8435388, 6.22%, 5/29/2026	12/4/2024		4,737		4,796
	6,173	8435415, 5.73%, 5/29/2026	12/4/2024		5,706		5,829
	1,031	8435497, 5.47%, 5/29/2026	12/4/2024		959		973
	1,225	8435514, 6.21%, 5/29/2026	12/4/2024		1,118		1,158
	2,193	8435532, 4.95%, 5/29/2026	12/4/2024		2,061		2,022
	4,667	8435567, 6.35%, 5/29/2026	12/4/2024		4,321		4,137
	700	8435623, 5.43%, 5/29/2026	12/4/2024		654		645
	3,169	8435633, 5.95%, 5/29/2026	12/4/2024		2,946		2,946
	7,986	8435651, 5.72%, 5/29/2026	12/4/2024		7,410		7,507
	6,015	8435697, 4.94%, 5/29/2026	12/4/2024		5,625		5,744
	5,461	8435736, 4.61%, 5/29/2026	12/4/2024		5,135		5,250
	1,362	8435789, 6.45%, 5/29/2026	12/4/2024		1,257		1,251
	2,814	8435821, 4.94%, 5/29/2026	12/4/2024		2,642		2,649
	3,642	8435848, 5.22%, 5/29/2026	12/4/2024		3,392		3,459
	2,387	8435892, 5.46%, 5/29/2026	12/4/2024		2,246		1,893
	17,728	8435908, 5.95%, 5/29/2026	12/4/2024		16,480		16,167
	2,371	8436123, 5.73%, 5/29/2026	12/4/2024		2,200		2,228
	2,190	8436143, 5.47%, 5/29/2026	12/4/2024		2,023		2,087
	2,027	8436161, 5.45%, 5/29/2026	12/4/2024		1,869		1,908
	15,813	8436181, 4.94%, 5/29/2026	12/4/2024		14,758		15,119
	4,260	8436336, 6.22%, 5/29/2026	12/4/2024		3,924		3,972
	9,429	8436381, 6.34%, 5/29/2026	12/4/2024		8,783		6,267
	1,840	8436453, 6.22%, 5/29/2026	12/4/2024		1,708		1,574
	9,092	8436470, 4.61%, 5/29/2026	12/4/2024		8,560		8,671
	2,959	8436636, 5.72%, 5/29/2026	12/4/2024		2,745		2,782
	6,133	8436651, 6.47%, 5/29/2026	12/4/2024		5,587		5,772
	3,150	8436804, 4.61%, 5/29/2026	12/4/2024		2,959		3,033
	17,213	8437009, 6.13%, 5/30/2026	12/5/2024		15,907		15,321
	5,998	8437148, 4.61%, 5/30/2026	12/5/2024		5,636		5,738
	5,604	8437193, 4.94%, 5/30/2026	12/5/2024		5,251		5,292
	8,397	8437272, 6.22%, 5/30/2026	12/5/2024		7,675		7,602

See Notes to Financial Statements.

196 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	7,487	8437387, 5.47%, 5/30/2026	12/5/2024		6,986	$	6,980
	35,882	8437491, 4.61%, 5/30/2026	12/5/2024		33,650		34,319
	9,005	8437814, 6.46%, 5/30/2026	12/5/2024		8,296		8,087
	35,549	8437883, 5.95%, 5/30/2026	12/5/2024		32,911		32,626
	1,649	8438267, 5.45%, 6/1/2026	12/5/2024		1,535		1,536
	3,868	8438303, 5.93%, 6/1/2026	12/5/2024		3,567		3,542
	3,819	8438353, 5.46%, 6/1/2026	12/5/2024		3,560		3,558
	28,733	8438392, 4.92%, 6/1/2026	12/5/2024		26,970		27,150
	1,834	8438733, 6.45%, 6/1/2026	12/5/2024		1,700		1,654
	3,265	8438745, 4.59%, 6/1/2026	12/5/2024		3,077		3,126
	2,477	8438774, 4.59%, 6/1/2026	12/5/2024		2,328		2,370
	21,886	8438805, 5.45%, 6/1/2026	12/5/2024		20,393		20,394
	5,104	8439015, 5.45%, 6/1/2026	12/5/2024		4,755		4,756
	1,030	8439395, 4.75%, 6/2/2026	12/5/2024		970		927
	3,092	8439413, 6.19%, 6/2/2026	12/5/2024		2,838		2,803
	2,563	8439448, 4.75%, 6/2/2026	12/5/2024		2,414		2,303
	1,845	8439493, 5.44%, 6/2/2026	12/5/2024		1,716		1,718
	6,312	8439535, 5.44%, 6/2/2026	12/5/2024		5,876		5,880
	1,249	8439729, 6.32%, 6/2/2026	12/5/2024		1,157		1,131
	712	8439778, 5.44%, 6/2/2026	12/5/2024		656		606
	9,732	8439803, 6.18%, 6/2/2026	12/5/2024		8,931		8,823
	1,993	8440296, 5.41%, 6/2/2026	12/5/2024		1,862		1,787
	1,038	8440375, 6.18%, 6/2/2026	12/5/2024		958		944
	371	8440447, 4.75%, 6/2/2026	12/5/2024		346		314
	1,237	8440479, 6.17%, 6/2/2026	12/5/2024		1,106		1,116
	40,408	8440582, 4.58%, 6/2/2026	12/5/2024		37,912		38,652
	29,582	8441502, 4.58%, 6/2/2026	12/5/2024		27,812		28,303
	14,228	8441905, 5.20%, 6/2/2026	12/5/2024		13,304		13,325
	13,151	8442068, 5.20%, 6/2/2026	12/5/2024		12,268		12,306
	16,368	8442297, 4.58%, 6/2/2026	12/5/2024		15,423		15,669
	5,994	8442465, 4.91%, 6/2/2026	12/5/2024		5,629		5,665
	12,047	8442532, 4.58%, 6/2/2026	12/5/2024		11,353		11,534
	6,229	8442669, 4.58%, 6/2/2026	12/5/2024		5,853		5,959
	1,529	8442747, 5.41%, 6/2/2026	12/5/2024		1,411		1,348
	484	8442780, 4.76%, 6/2/2026	12/5/2024		452		421
	589	8442798, 6.31%, 6/2/2026	12/5/2024		534		426
	11,589	8442851, 6.43%, 6/2/2026	12/5/2024		10,697		10,419
	54,345	8443009, 5.20%, 6/2/2026	12/5/2024		50,673		50,840
	9,559	8443794, 5.92%, 6/2/2026	12/5/2024		8,765		8,683
	12,821	8443987, 4.58%, 6/2/2026	12/5/2024		12,073		12,271
	3,244	8444203, 5.20%, 6/2/2026	12/5/2024		3,030		3,038
	4,072	8444247, 6.10%, 6/2/2026	12/5/2024		3,799		3,656
	18,295	8444288, 5.44%, 6/2/2026	12/5/2024		17,124		17,078
	10,824	8444312, 4.91%, 6/3/2026	12/6/2024		10,084		10,197
	18,682	8444466, 5.44%, 6/3/2026	12/6/2024		17,366		17,389

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 197

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,033	8444656, 4.58%, 6/3/2026	12/6/2024		2,854	$	2,902
	5,833	8444736, 4.91%, 6/3/2026	12/6/2024		5,462		5,508
	3,543	8444859, 6.42%, 6/3/2026	12/6/2024		3,225		3,155
	12,828	8444909, 5.92%, 6/3/2026	12/6/2024		11,846		11,757
	9,563	8445126, 4.91%, 6/3/2026	12/6/2024		8,955		9,029
	5,240	8445354, 5.44%, 6/3/2026	12/6/2024		4,872		4,878
	1,464	8445423, 5.90%, 6/3/2026	12/6/2024		1,354		1,343
	14,592	8445450, 4.91%, 6/3/2026	12/6/2024		13,599		13,752
	9,612	8445762, 4.58%, 6/3/2026	12/6/2024		9,053		9,200
	1,692	8445935, 4.60%, 6/3/2026	12/6/2024		1,590		1,619
	912	8445986, 6.10%, 6/3/2026	12/6/2024		845		814
	39,907	8446016, 4.58%, 6/3/2026	12/6/2024		37,549		38,188
	2,683	8446469, 6.09%, 6/3/2026	12/6/2024		2,471		2,383
	2,666	8446497, 4.90%, 6/3/2026	12/6/2024		2,499		2,518
	24,342	8446513, 5.92%, 6/3/2026	12/6/2024		22,575		22,360
	2,721	8446764, 5.68%, 6/3/2026	12/6/2024		2,524		2,524
	10,221	8446793, 4.58%, 6/3/2026	12/6/2024		9,610		9,777
	11,612	8446889, 5.20%, 6/3/2026	12/6/2024		10,865		10,882
	37,410	8446982, 5.20%, 6/3/2026	12/6/2024		34,936		35,032
	5,797	8447398, 6.19%, 6/3/2026	12/6/2024		5,332		5,263
	8,430	8447479, 5.92%, 6/3/2026	12/6/2024		7,784		7,725
	7,888	8447543, 6.31%, 6/3/2026	12/6/2024		7,279		7,122
	4,695	8447605, 6.09%, 6/3/2026	12/6/2024		4,290		4,056
	2,761	8447686, 6.42%, 6/3/2026	12/6/2024		2,517		2,457
	4,035	8447713, 4.59%, 6/3/2026	12/6/2024		3,799		3,861
	3,491	8447726, 5.44%, 6/3/2026	12/6/2024		3,252		3,251
	34,306	8447751, 5.20%, 6/3/2026	12/6/2024		32,049		32,130
	5,946	8448026, 6.43%, 6/3/2026	12/6/2024		5,450		5,318
	22,498	8448078, 4.91%, 6/3/2026	12/6/2024		21,096		21,251
	7,832	8448238, 5.69%, 6/3/2026	12/6/2024		7,297		7,277
	49,746	8448279, 5.92%, 6/3/2026	12/6/2024		45,997		45,620
	3,607	8448898, 6.09%, 6/3/2026	12/6/2024		3,347		3,214
	58,437	8448951, 5.20%, 6/3/2026	12/6/2024		54,387		54,642
	31,462	8449416, 4.58%, 6/4/2026	12/9/2024		29,525		30,093
	17,612	8449926, 6.09%, 6/4/2026	12/9/2024		16,417		15,814
	28,711	8450084, 5.92%, 6/4/2026	12/9/2024		26,468		26,330
	32,061	8450455, 6.18%, 6/4/2026	12/9/2024		29,217		28,879
	2,589	8451134, 6.18%, 6/4/2026	12/9/2024		2,368		2,351
	44,094	8451215, 6.18%, 6/4/2026	12/9/2024		40,801		40,234
	15,890	8451933, 4.58%, 6/4/2026	12/9/2024		14,889		15,194
	6,971	8452077, 4.58%, 6/4/2026	12/9/2024		6,556		6,670
	1,539	8452146, 5.92%, 6/4/2026	12/9/2024		1,423		1,412
	8,877	8452171, 4.91%, 6/4/2026	12/9/2024		8,295		8,379
	9,002	8452309, 6.31%, 6/4/2026	12/9/2024		8,190		7,931
	4,482	8452435, 4.76%, 6/4/2026	12/9/2024		4,203		4,023

See Notes to Financial Statements.

198 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	16,637	8452482, 5.20%, 6/4/2026	12/9/2024		15,572	$	15,593
	57,334	8452630, 6.09%, 6/4/2026	12/9/2024		53,548		51,569
	14,573	8452980, 6.31%, 6/4/2026	12/9/2024		13,472		13,183
	1,804	8453052, 5.70%, 6/4/2026	12/9/2024		1,678		1,675
	28,539	8453072, 4.58%, 6/4/2026	12/9/2024		26,801		27,303
	864	8453354, 5.40%, 6/4/2026	12/9/2024		798		729
	19,907	8453418, 5.92%, 6/4/2026	12/9/2024		18,482		18,301
	1,521	8453608, 6.19%, 6/4/2026	12/9/2024		1,404		1,384
	13,500	8453609, 5.20%, 6/4/2026	12/9/2024		12,521		12,604
	16,350	8453758, 4.58%, 6/4/2026	12/9/2024		15,268		15,624
	4,145	8453885, 4.58%, 6/4/2026	12/9/2024		3,892		3,965
	3,099	8453909, 6.18%, 6/4/2026	12/9/2024		2,855		2,816
	7,537	8453931, 5.92%, 6/4/2026	12/9/2024		6,864		6,830
	97,660	8454007, 4.58%, 6/4/2026	12/9/2024		91,792		93,435
	21,184	8456830, 6.21%, 6/5/2026	12/10/2024		19,519		19,262
	52,974	8457066, 4.60%, 6/5/2026	12/10/2024		49,728		50,664
	7,252	8457573, 4.60%, 6/5/2026	12/10/2024		6,813		6,936
	18,058	8457646, 5.22%, 6/5/2026	12/10/2024		16,840		16,902
	2,822	8457878, 4.59%, 6/5/2026	12/10/2024		2,651		2,699
	18,326	8457978, 4.93%, 6/5/2026	12/10/2024		17,064		17,241
	4,546	8458324, 4.59%, 6/5/2026	12/10/2024		4,260		4,347
	1,669	8458443, 4.76%, 6/5/2026	12/10/2024		1,581		1,515
	3,432	8458497, 5.95%, 6/5/2026	12/10/2024		3,170		3,147
	2,815	8458526, 5.22%, 6/5/2026	12/10/2024		2,615		2,631
	2,156	8458590, 5.95%, 6/5/2026	12/10/2024		1,998		1,980
	7,778	8458653, 6.21%, 6/5/2026	12/10/2024		7,193		7,088
	21,192	8458738, 6.21%, 6/5/2026	12/10/2024		19,525		19,273
	1,498	8459029, 4.58%, 6/5/2026	12/10/2024		1,407		1,433
	7,309	8459055, 6.11%, 6/5/2026	12/10/2024		6,739		6,511
	13,472	8459211, 6.21%, 6/5/2026	12/10/2024		12,445		12,269
	28,586	8459331, 5.46%, 6/5/2026	12/10/2024		26,550		26,610
	7,163	8459541, 4.60%, 6/5/2026	12/10/2024		6,729		6,851
	1,240	8459601, 5.95%, 6/5/2026	12/10/2024		1,148		1,139
	36,089	8459616, 4.93%, 6/5/2026	12/10/2024		33,749		34,060
	2,248	8459912, 6.11%, 6/5/2026	12/10/2024		2,072		2,000
	72,496	8459930, 6.12%, 6/5/2026	12/10/2024		66,658		64,438
	1,074	8460713, 5.71%, 6/5/2026	12/10/2024		996		996
	2,170	8460743, 5.96%, 6/5/2026	12/10/2024		2,008		1,992
	6,020	8460764, 5.47%, 6/5/2026	12/10/2024		5,598		5,605
	3,485	8460795, 5.47%, 6/5/2026	12/10/2024		3,256		3,251
	1,057	8460807, 4.60%, 6/5/2026	12/10/2024		992		1,011
	1,078	8460825, 4.60%, 6/5/2026	12/10/2024		1,013		1,031
	4,775	8460828, 6.12%, 6/5/2026	12/10/2024		4,401		4,253
	1,590	8460895, 5.96%, 6/5/2026	12/10/2024		1,469		1,457
	3,917	8460901, 5.22%, 6/5/2026	12/10/2024		3,663		3,670

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 199

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,475	8460920, 4.92%, 6/5/2026	12/10/2024		3,249	$	3,279
	4,731	8460971, 4.60%, 6/5/2026	12/10/2024		4,452		4,527
	17,112	8460993, 6.33%, 6/5/2026	12/10/2024		15,874		15,522
	3,079	8461100, 4.94%, 6/5/2026	12/10/2024		2,881		2,906
	9,938	8461127, 6.11%, 6/5/2026	12/10/2024		9,230		8,907
	31,709	8461198, 5.22%, 6/5/2026	12/10/2024		29,559		29,676
	5,509	8461387, 5.71%, 6/5/2026	12/11/2024		5,118		5,114
	4,964	8461508, 5.22%, 6/6/2026	12/11/2024		4,586		4,561
	2,549	8461636, 4.93%, 6/6/2026	12/11/2024		2,393		2,409
	1,272	8461675, 6.47%, 6/6/2026	12/11/2024		1,173		1,145
	3,094	8461694, 4.60%, 6/6/2026	12/11/2024		2,906		2,959
	75,523	8461728, 4.60%, 6/6/2026	12/11/2024		70,954		72,244
	2,029	8463033, 5.46%, 6/6/2026	12/11/2024		1,890		1,891
	756	8463078, 4.74%, 6/6/2026	12/11/2024		708		678
	1,287	8463086, 4.79%, 6/6/2026	12/11/2024		1,216		1,165
	5,943	8463095, 5.22%, 6/6/2026	12/11/2024		5,534		5,560
	13,250	8463208, 4.60%, 6/6/2026	12/11/2024		12,450		12,672
	4,274	8463483, 4.60%, 6/6/2026	12/11/2024		4,013		4,088
	2,810	8463553, 6.21%, 6/6/2026	12/11/2024		2,572		2,547
	13,053	8463594, 4.60%, 6/6/2026	12/11/2024		12,266		12,485
	50,547	8463741, 4.60%, 6/6/2026	12/11/2024		47,444		48,321
	1,162	8464322, 5.72%, 6/6/2026	12/11/2024		1,070		1,067
	7,593	8464332, 6.21%, 6/6/2026	12/11/2024		7,003		6,908
	5,584	8464373, 4.60%, 6/6/2026	12/11/2024		5,241		5,340
	47,738	8464414, 4.60%, 6/6/2026	12/11/2024		44,800		45,649
	2,021	8464937, 5.45%, 6/6/2026	12/11/2024		1,897		1,826
	2,538	8464951, 6.20%, 6/6/2026	12/11/2024		2,320		2,280
	9,527	8464995, 5.95%, 6/6/2026	12/11/2024		8,815		8,746
	28,413	8465100, 6.21%, 6/6/2026	12/11/2024		26,282		25,899
	6,390	8465466, 6.33%, 6/6/2026	12/11/2024		5,837		5,736
	16,926	8465550, 4.60%, 6/6/2026	12/11/2024		15,882		16,184
	7,439	8465768, 4.60%, 6/6/2026	12/11/2024		6,982		7,114
	1,087	8465869, 6.19%, 6/6/2026	12/11/2024		1,001		989
	7,252	8465888, 4.77%, 6/6/2026	12/11/2024		6,818		6,527
	4,426	8465907, 5.94%, 6/6/2026	12/12/2024		4,084		4,057
	25,181	8465964, 6.45%, 6/7/2026	12/12/2024		23,068		22,579
	5,453	8466151, 4.60%, 6/7/2026	12/12/2024		5,116		5,215
	31,340	8466191, 5.22%, 6/7/2026	12/12/2024		29,148		29,306
	7,471	8466383, 4.60%, 6/7/2026	12/12/2024		6,998		7,143
	5,005	8466446, 4.60%, 6/7/2026	12/12/2024		4,710		4,789
	3,281	8466478, 4.77%, 6/7/2026	12/12/2024		3,070		2,940
	4,100	8466504, 4.59%, 6/7/2026	12/12/2024		3,844		3,920
	6,193	8466524, 4.60%, 6/7/2026	12/12/2024		5,813		5,923
	993	8466558, 6.32%, 6/7/2026	12/12/2024		907		893
	21,055	8466564, 4.93%, 6/7/2026	12/12/2024		19,676		19,861

See Notes to Financial Statements.

200 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,442	8466700, 5.23%, 6/7/2026	12/12/2024		2,270	$	2,283
	1,357	8466719, 4.77%, 6/7/2026	12/12/2024		1,283		1,230
	5,455	8466733, 4.60%, 6/7/2026	12/12/2024		5,137		5,220
	5,683	8466791, 4.78%, 6/7/2026	12/12/2024		5,381		5,164
	4,304	8466836, 4.60%, 6/8/2026	12/12/2024		4,034		4,115
	6,252	8466876, 4.59%, 6/8/2026	12/12/2024		5,874		5,980
	3,289	8466921, 6.33%, 6/8/2026	12/12/2024		3,030		2,971
	4,473	8466939, 5.21%, 6/8/2026	12/12/2024		4,176		4,189
	3,277	8466966, 5.71%, 6/8/2026	12/12/2024		3,017		3,029
	5,296	8466996, 4.60%, 6/8/2026	12/12/2024		4,970		5,064
	3,478	8467041, 5.45%, 6/8/2026	12/12/2024		3,217		3,231
	1,829	8467063, 6.12%, 6/8/2026	12/12/2024		1,691		1,634
	9,080	8467074, 5.20%, 6/8/2026	12/12/2024		8,464		8,498
	8,777	8467115, 4.92%, 6/8/2026	12/12/2024		8,191		8,279
	14,246	8467171, 5.21%, 6/8/2026	12/12/2024		13,225		13,315
	2,730	8467254, 4.58%, 6/8/2026	12/12/2024		2,566		2,612
	2,523	8467274, 5.47%, 6/8/2026	12/12/2024		2,336		2,346
	8,756	8467294, 4.59%, 6/8/2026	12/12/2024		8,217		8,368
	12,640	8467359, 5.93%, 6/8/2026	12/12/2024		11,663		11,590
	3,520	8467451, 4.60%, 6/8/2026	12/12/2024		3,302		3,365
	1,081	8467475, 4.59%, 6/8/2026	12/12/2024		1,016		1,034
	30,142	8467485, 5.93%, 6/8/2026	12/12/2024		27,823		27,648
	29,908	8468164, 5.44%, 6/9/2026	12/12/2024		27,881		27,869
	5,675	8468697, 6.31%, 6/9/2026	12/12/2024		5,227		5,126
	1,106	8468788, 4.74%, 6/9/2026	12/12/2024		1,040		997
	1,062	8468801, 5.44%, 6/9/2026	12/12/2024		987		989
	3,735	8468884, 5.92%, 6/9/2026	12/12/2024		3,443		3,424
	1,207	8468986, 6.43%, 6/9/2026	12/12/2024		1,110		1,084
	8,022	8469011, 5.20%, 6/9/2026	12/12/2024		7,508		7,520
	9,073	8469175, 5.69%, 6/9/2026	12/12/2024		8,401		8,412
	1,790	8469358, 5.91%, 6/9/2026	12/12/2024		1,656		1,644
	15,331	8469392, 5.44%, 6/9/2026	12/12/2024		14,222		14,265
	11,718	8469609, 4.91%, 6/9/2026	12/12/2024		10,986		11,067
	4,886	8469698, 4.76%, 6/9/2026	12/12/2024		4,593		4,407
	29,596	8469759, 5.69%, 6/9/2026	12/12/2024		27,305		27,406
	2,998	8469997, 4.58%, 6/9/2026	12/12/2024		2,821		2,868
	20,860	8470025, 4.91%, 6/9/2026	12/12/2024		19,473		19,677
	6,617	8470235, 5.20%, 6/9/2026	12/12/2024		6,133		6,181
	16,654	8470292, 6.18%, 6/9/2026	12/12/2024		15,347		15,153
	2,155	8470407, 5.69%, 6/9/2026	12/12/2024		1,984		1,986
	5,602	8470426, 6.43%, 6/9/2026	12/12/2024		5,150		5,035
	1,555	8470492, 5.40%, 6/9/2026	12/12/2024		1,451		1,397
	24,694	8470514, 5.69%, 6/9/2026	12/12/2024		22,908		22,908
	59,888	8470755, 6.31%, 6/9/2026	12/12/2024		55,169		54,112
	1,022	8471167, 5.93%, 6/9/2026	12/12/2024		939		935

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 201

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,702	8471188, 6.30%, 6/9/2026	12/12/2024		1,571	$	1,540
	11,118	8471202, 5.44%, 6/9/2026	12/12/2024		10,354		10,359
	17,998	8471282, 4.91%, 6/9/2026	12/12/2024		16,848		16,994
	63,272	8471406, 4.91%, 6/9/2026	12/12/2024		58,996		59,669
	1,892	8472021, 6.43%, 6/9/2026	12/12/2024		1,724		1,681
	2,200	8472045, 6.10%, 6/9/2026	12/12/2024		2,027		1,960
	9,774	8472058, 5.45%, 6/9/2026	12/12/2024		9,030		9,051
	35,577	8472202, 4.58%, 6/9/2026	12/12/2024		33,336		34,011
	10,706	8472399, 5.92%, 6/10/2026	12/13/2024		9,871		9,808
	25,937	8472537, 5.44%, 6/10/2026	12/13/2024		24,090		24,148
	3,179	8472920, 4.58%, 6/10/2026	12/13/2024		2,982		3,040
	11,606	8473005, 4.58%, 6/10/2026	12/13/2024		10,885		11,096
	3,055	8473197, 4.90%, 6/10/2026	12/13/2024		2,856		2,883
	1,244	8473217, 6.30%, 6/10/2026	12/13/2024		1,146		1,125
	20,055	8473235, 6.18%, 6/10/2026	12/13/2024		18,336		18,195
	1,190	8473723, 5.94%, 6/10/2026	12/13/2024		1,099		1,092
	4,361	8473765, 4.58%, 6/10/2026	12/13/2024		4,084		4,168
	9,903	8473881, 4.58%, 6/10/2026	12/13/2024		9,318		9,475
	16,093	8474055, 5.20%, 6/10/2026	12/13/2024		15,001		15,066
	4,199	8474340, 6.43%, 6/10/2026	12/13/2024		3,852		3,770
	1,469	8474368, 4.56%, 6/10/2026	12/13/2024		1,376		1,405
	20,840	8474395, 4.58%, 6/10/2026	12/13/2024		19,546		19,929
	2,655	8474621, 4.76%, 6/10/2026	12/13/2024		2,494		2,393
	5,971	8474635, 4.58%, 6/10/2026	12/13/2024		5,608		5,711
	66,351	8474694, 4.91%, 6/10/2026	12/13/2024		62,061		62,632
	40,164	8475331, 4.91%, 6/10/2026	12/13/2024		37,616		37,920
	7,661	8475696, 4.91%, 6/10/2026	12/13/2024		7,163		7,229
	4,771	8475775, 5.42%, 6/10/2026	12/13/2024		4,388		4,167
	8,290	8475887, 5.92%, 6/10/2026	12/13/2024		7,690		7,622
	3,990	8475946, 5.93%, 6/10/2026	12/13/2024		3,679		3,658
	2,615	8475982, 6.18%, 6/10/2026	12/13/2024		2,395		2,371
	10,239	8476033, 4.91%, 6/10/2026	12/13/2024		9,573		9,664
	7,186	8476154, 5.69%, 6/10/2026	12/13/2024		6,666		6,668
	15,900	8476215, 5.42%, 6/10/2026	12/13/2024		14,796		14,265
	1,049	8476393, 6.08%, 6/10/2026	12/13/2024		962		932
	12,911	8476405, 6.09%, 6/10/2026	12/13/2024		11,928		11,534
	5,447	8476483, 6.09%, 6/10/2026	12/13/2024		5,048		4,878
	4,324	8476500, 4.91%, 6/10/2026	12/13/2024		4,046		4,081
	8,373	8476505, 6.30%, 6/10/2026	12/13/2024		7,690		7,550
	38,653	8476535, 4.91%, 6/10/2026	12/13/2024		35,976		36,421
	3,319	8476775, 5.44%, 6/10/2026	12/13/2024		3,088		3,092
	8,863	8476810, 4.58%, 6/10/2026	12/13/2024		8,332		8,477
	12,890	8476875, 6.31%, 6/10/2026	12/13/2024		11,878		11,653
	1,007	8476959, 6.11%, 6/10/2026	12/13/2024		928		898
	6,097	8476974, 4.76%, 6/10/2026	12/13/2024		5,729		5,495

See Notes to Financial Statements.

202 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,133	8477070, 5.20%, 6/10/2026	12/16/2024		1,994	$	1,999
	1,424	8477190, 6.17%, 6/11/2026	12/16/2024		1,302		1,292
	10,030	8477199, 5.42%, 6/11/2026	12/16/2024		9,330		9,011
	3,397	8477276, 5.93%, 6/11/2026	12/16/2024		3,137		3,117
	925	8477341, 6.46%, 6/11/2026	12/16/2024		850		831
	9,539	8477365, 4.58%, 6/11/2026	12/16/2024		8,945		9,121
	24,022	8477494, 4.58%, 6/11/2026	12/16/2024		22,505		22,969
	1,848	8477890, 6.44%, 6/11/2026	12/16/2024		1,664		1,644
	2,811	8477919, 5.93%, 6/11/2026	12/16/2024		2,578		2,574
	326	8477955, 4.73%, 6/11/2026	12/16/2024		300		275
	28,314	8477977, 6.31%, 6/11/2026	12/16/2024		26,033		25,584
	6,264	8478401, 6.18%, 6/11/2026	12/16/2024		5,729		5,681
	3,265	8478489, 6.08%, 6/11/2026	12/16/2024		2,975		2,892
	881	8478548, 6.06%, 6/11/2026	12/16/2024		812		789
	24,566	8478556, 5.20%, 6/11/2026	12/16/2024		22,906		22,999
	16,752	8478897, 4.91%, 6/11/2026	12/16/2024		15,607		15,800
	1,617	8479082, 5.44%, 6/11/2026	12/16/2024		1,497		1,506
	7,808	8479118, 4.91%, 6/11/2026	12/16/2024		7,281		7,353
	1,229	8479237, 5.44%, 6/11/2026	12/16/2024		1,143		1,103
	3,705	8479261, 6.18%, 6/11/2026	12/16/2024		3,388		3,348
	2,178	8479312, 4.92%, 6/11/2026	12/16/2024		2,036		2,056
	8,535	8479352, 4.91%, 6/11/2026	12/16/2024		7,964		8,054
	20,164	8479442, 5.92%, 6/11/2026	12/16/2024		18,565		18,480
	16,894	8479665, 6.43%, 6/11/2026	12/16/2024		15,485		15,168
	1,579	8479806, 5.69%, 6/11/2026	12/16/2024		1,456		1,463
	646	8479815, 4.74%, 6/11/2026	12/16/2024		601		569
	18,462	8479827, 6.19%, 6/11/2026	12/16/2024		16,930		16,765
	7,913	8479977, 4.76%, 6/11/2026	12/16/2024		7,419		7,133
	65,388	8480034, 4.58%, 6/11/2026	12/16/2024		61,375		62,531
	5,443	8480435, 5.68%, 6/11/2026	12/16/2024		5,042		5,048
	8,507	8480482, 4.91%, 6/11/2026	12/16/2024		7,959		8,031
	3,276	8480586, 5.44%, 6/11/2026	12/16/2024		3,043		3,050
	3,254	8480638, 4.91%, 6/11/2026	12/16/2024		3,041		3,071
	3,005	8480669, 5.92%, 6/11/2026	12/16/2024		2,769		2,755
	29,150	8480687, 5.92%, 6/11/2026	12/16/2024		26,958		26,765
	6,019	8480998, 4.91%, 6/11/2026	12/16/2024		5,633		5,683
	2,719	8481040, 6.18%, 6/11/2026	12/16/2024		2,514		2,480
	7,483	8483326, 4.60%, 6/12/2026	12/17/2024		7,010		7,153
	21,942	8483395, 4.60%, 6/12/2026	12/17/2024		20,549		20,973
	7,487	8483678, 5.94%, 6/12/2026	12/17/2024		6,874		6,853
	1,969	8483818, 4.78%, 6/12/2026	12/17/2024		1,855		1,784
	39,447	8483844, 6.45%, 6/12/2026	12/17/2024		36,316		35,534
	5,983	8484533, 4.59%, 6/12/2026	12/17/2024		5,611		5,716
	7,517	8484610, 5.22%, 6/12/2026	12/17/2024		7,016		7,041
	12,760	8484691, 6.45%, 6/12/2026	12/17/2024		11,757		11,503

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 203

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,904	8484795, 4.78%, 6/12/2026	12/17/2024		2,729	$	2,626
	66,234	8484804, 6.21%, 6/12/2026	12/17/2024		60,854		60,211
	4,989	8485453, 4.60%, 6/12/2026	12/17/2024		4,685		4,771
	28,809	8485489, 5.94%, 6/12/2026	12/17/2024		26,558		26,422
	9,359	8486520, 6.11%, 6/12/2026	12/17/2024		8,620		8,356
	2,071	8486683, 4.92%, 6/12/2026	12/17/2024		1,936		1,955
	8,192	8486711, 6.21%, 6/12/2026	12/17/2024		7,511		7,438
	4,171	8486779, 5.22%, 6/12/2026	12/17/2024		3,877		3,901
	4,821	8486814, 6.21%, 6/12/2026	12/17/2024		4,426		4,381
	876	8486835, 4.80%, 6/12/2026	12/17/2024		822		790
	50,751	8486847, 4.93%, 6/12/2026	12/17/2024		47,449		47,902
	1,682	8487380, 6.20%, 6/12/2026	12/17/2024		1,550		1,532
	974	8487399, 6.49%, 6/12/2026	12/17/2024		898		878
	44,617	8487417, 5.22%, 6/12/2026	12/17/2024		41,596		41,770
	1,457	8487860, 6.12%, 6/12/2026	12/17/2024		1,345		1,302
	5,599	8487862, 6.21%, 6/12/2026	12/17/2024		5,111		5,056
	4,965	8487877, 4.60%, 6/12/2026	12/17/2024		4,661		4,747
	30,766	8487897, 4.60%, 6/12/2026	12/17/2024		28,874		29,411
	938	8488085, 5.46%, 6/12/2026	12/17/2024		876		847
	7,583	8488087, 6.12%, 6/12/2026	12/17/2024		7,011		6,790
	22,784	8488132, 4.93%, 6/13/2026	12/18/2024		21,336		21,515
	7,443	8488539, 4.60%, 6/13/2026	12/18/2024		6,977		7,115
	7,316	8488674, 5.71%, 6/13/2026	12/18/2024		6,736		6,771
	1,361	8488791, 6.21%, 6/13/2026	12/18/2024		1,254		1,238
	16,979	8488819, 5.71%, 6/13/2026	12/18/2024		15,623		15,715
	5,981	8489061, 5.47%, 6/13/2026	12/18/2024		5,552		5,568
	2,366	8489194, 6.20%, 6/13/2026	12/18/2024		2,179		2,154
	2,382	8489245, 5.94%, 6/13/2026	12/18/2024		2,191		2,182
	27,141	8489328, 4.60%, 6/13/2026	12/18/2024		25,482		25,951
	90,266	8489829, 4.60%, 6/13/2026	12/18/2024		84,664		86,297
	26,519	8490800, 4.60%, 6/13/2026	12/18/2024		24,894		25,357
	8,389	8491070, 5.22%, 6/13/2026	12/18/2024		7,820		7,854
	4,074	8491145, 4.77%, 6/13/2026	12/18/2024		3,798		3,650
	1,574	8491194, 6.11%, 6/13/2026	12/18/2024		1,444		1,401
	1,822	8491209, 5.95%, 6/13/2026	12/18/2024		1,685		1,674
	11,637	8491229, 4.60%, 6/13/2026	12/18/2024		10,924		11,127
	9,241	8491296, 5.71%, 6/13/2026	12/18/2024		8,561		8,572
	47,421	8491420, 5.94%, 6/13/2026	12/18/2024		43,599		43,436
	10,560	8491957, 6.12%, 6/13/2026	12/18/2024		9,753		9,450
	24,995	8492057, 5.22%, 6/13/2026	12/18/2024		23,239		23,374
	28,489	8492371, 4.60%, 6/13/2026	12/18/2024		26,645		27,223
	5,938	8492441, 4.60%, 6/14/2026	12/19/2024		5,564		5,674
	26,789	8492482, 4.60%, 6/14/2026	12/19/2024		25,113		25,607
	4,412	8492645, 4.60%, 6/14/2026	12/19/2024		4,139		4,218
	2,366	8492670, 6.46%, 6/14/2026	12/19/2024		2,174		2,130

See Notes to Financial Statements.

204 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,052	8492690, 6.11%, 6/14/2026	12/19/2024		2,824	$	2,737
	15,355	8492711, 4.93%, 6/14/2026	12/19/2024		14,299		14,473
	3,109	8492810, 4.93%, 6/14/2026	12/19/2024		2,907		2,935
	1,500	8492834, 6.10%, 6/14/2026	12/19/2024		1,381		1,341
	1,286	8492842, 6.43%, 6/14/2026	12/19/2024		1,181		1,156
	5,422	8492857, 6.21%, 6/14/2026	12/19/2024		4,977		4,929
	4,490	8492896, 5.94%, 6/14/2026	12/19/2024		4,145		4,122
	19,312	8492929, 4.60%, 6/14/2026	12/19/2024		18,149		18,469
	1,131	8493068, 6.21%, 6/14/2026	12/19/2024		1,038		1,028
	1,332	8493080, 4.59%, 6/14/2026	12/19/2024		1,250		1,274
	6,988	8493084, 4.60%, 6/14/2026	12/19/2024		6,556		6,681
	14,545	8493134, 6.33%, 6/14/2026	12/19/2024		13,299		13,110
	22,123	8493239, 4.60%, 6/14/2026	12/19/2024		20,760		21,155
	2,148	8493415, 4.59%, 6/15/2026	12/19/2024		2,012		2,053
	4,750	8493432, 5.43%, 6/15/2026	12/19/2024		4,423		4,278
	2,967	8493457, 6.19%, 6/15/2026	12/19/2024		2,713		2,688
	2,181	8493484, 5.70%, 6/15/2026	12/19/2024		2,023		2,024
	8,310	8493499, 5.70%, 6/15/2026	12/19/2024		7,679		7,702
	6,049	8493552, 5.46%, 6/15/2026	12/19/2024		5,618		5,629
	7,056	8493595, 5.94%, 6/15/2026	12/19/2024		6,472		6,447
	13,680	8493645, 4.59%, 6/15/2026	12/19/2024		12,822		13,077
	15,504	8493721, 5.45%, 6/15/2026	12/19/2024		14,407		14,442
	3,386	8493814, 5.21%, 6/15/2026	12/19/2024		3,156		3,170
	3,984	8493838, 5.21%, 6/15/2026	12/19/2024		3,704		3,727
	2,312	8493862, 4.77%, 6/15/2026	12/19/2024		2,178		2,098
	3,182	8493883, 5.70%, 6/15/2026	12/19/2024		2,944		2,950
	22,195	8493902, 4.92%, 6/15/2026	12/19/2024		20,733		20,946
	6,519	8494047, 4.59%, 6/15/2026	12/19/2024		6,121		6,233
	5,258	8494618, 5.69%, 6/16/2026	12/19/2024		4,848		4,869
	2,723	8494668, 6.11%, 6/16/2026	12/19/2024		2,506		2,432
	9,197	8494716, 4.58%, 6/16/2026	12/19/2024		8,616		8,791
	1,780	8494888, 5.92%, 6/16/2026	12/19/2024		1,642		1,633
	1,548	8494949, 6.18%, 6/16/2026	12/19/2024		1,420		1,407
	37,901	8494982, 6.18%, 6/16/2026	12/19/2024		34,789		34,449
	34,258	8495799, 5.69%, 6/16/2026	12/19/2024		31,614		31,741
	4,985	8496141, 5.92%, 6/16/2026	12/19/2024		4,601		4,573
	7,093	8496177, 4.59%, 6/16/2026	12/19/2024		6,658		6,781
	941	8496250, 6.46%, 6/16/2026	12/19/2024		860		845
	15,604	8496261, 6.43%, 6/16/2026	12/19/2024		14,294		14,018
	40,984	8496469, 5.92%, 6/16/2026	12/19/2024		37,668		37,529
	3,252	8496973, 6.18%, 6/16/2026	12/19/2024		2,983		2,954
	4,276	8496989, 5.93%, 6/16/2026	12/19/2024		3,951		3,926
	2,364	8497027, 5.92%, 6/16/2026	12/19/2024		2,175		2,166
	5,084	8497077, 5.20%, 6/16/2026	12/19/2024		4,734		4,758
	14,488	8497111, 4.58%, 6/16/2026	12/19/2024		13,602		13,853

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 205

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	3,259	8497235, 5.91%, 6/16/2026	12/19/2024		3,000	$	2,987
	19,736	8497256, 4.58%, 6/16/2026	12/19/2024		18,507		18,866
	4,217	8497426, 5.45%, 6/16/2026	12/19/2024		3,915		3,926
	5,675	8497495, 5.69%, 6/16/2026	12/19/2024		5,258		5,265
	1,214	8497574, 6.16%, 6/16/2026	12/19/2024		1,118		1,105
	5,836	8497599, 5.69%, 6/16/2026	12/19/2024		5,389		5,403
	26,234	8497651, 5.42%, 6/16/2026	12/19/2024		24,362		23,568
	21,827	8497947, 4.58%, 6/16/2026	12/19/2024		20,460		20,862
	6,215	8498166, 5.92%, 6/16/2026	12/19/2024		5,725		5,699
	3,426	8498244, 5.69%, 6/16/2026	12/19/2024		3,176		3,177
	18,796	8498279, 4.58%, 6/16/2026	12/19/2024		17,612		17,965
	14,192	8498432, 5.44%, 6/16/2026	12/19/2024		13,112		13,106
	38,020	8498539, 5.20%, 6/17/2026	12/20/2024		35,304		35,548
	2,723	8498844, 5.20%, 6/17/2026	12/20/2024		2,529		2,545
	1,074	8498862, 4.75%, 6/17/2026	12/20/2024		1,000		962
	3,242	8498878, 6.43%, 6/17/2026	12/20/2024		2,983		2,921
	26,092	8498893, 5.69%, 6/17/2026	12/20/2024		24,019		24,153
	3,218	8499253, 6.31%, 6/17/2026	12/20/2024		2,930		2,862
	25,082	8499308, 6.21%, 6/17/2026	12/20/2024		23,024		22,787
	1,591	8499700, 6.18%, 6/17/2026	12/20/2024		1,456		1,444
	16,986	8499750, 4.52%, 6/17/2026	12/20/2024		15,935		16,248
	7,494	8500074, 4.74%, 6/17/2026	12/20/2024		7,044		6,789
	4,904	8500149, 6.18%, 6/17/2026	12/20/2024		4,510		4,457
	8,048	8500208, 4.83%, 6/17/2026	12/20/2024		7,512		7,596
	23,922	8500281, 5.14%, 6/17/2026	12/20/2024		22,314		22,414
	3,055	8500582, 6.19%, 6/17/2026	12/20/2024		2,793		2,745
	1,894	8500615, 6.08%, 6/17/2026	12/20/2024		1,730		1,681
	4,425	8500636, 5.92%, 6/17/2026	12/20/2024		4,085		4,062
	7,922	8500670, 5.69%, 6/17/2026	12/20/2024		7,332		7,348
	14,520	8500745, 4.91%, 6/17/2026	12/20/2024		13,546		13,693
	35,872	8500878, 5.69%, 6/17/2026	12/20/2024		33,133		33,241
	3,293	8501157, 6.30%, 6/17/2026	12/20/2024		3,019		2,972
	19,957	8501183, 6.31%, 6/17/2026	12/20/2024		18,275		18,002
	62,016	8501325, 4.58%, 6/17/2026	12/20/2024		58,075		59,270
	9,899	8501870, 4.91%, 6/17/2026	12/20/2024		9,254		9,343
	1,258	8501963, 4.76%, 6/17/2026	12/20/2024		1,183		1,140
	22,038	8501979, 5.20%, 6/17/2026	12/20/2024		20,490		20,613
	44,992	8502132, 4.58%, 6/17/2026	12/20/2024		42,151		42,988
	2,062	8502581, 5.68%, 6/17/2026	12/20/2024		1,911		1,914
	11,007	8502611, 4.52%, 6/17/2026	12/20/2024		10,326		10,529
	9,982	8502721, 5.69%, 6/17/2026	12/20/2024		9,229		9,254
	4,062	8502793, 5.13%, 6/17/2026	12/20/2024		3,787		3,805
	23,755	8502819, 4.52%, 6/17/2026	12/20/2024		22,310		22,729
	2,866	8503020, 6.20%, 6/18/2026	12/23/2024		2,637		2,587
	2,076	8503104, 5.19%, 6/18/2026	12/23/2024		1,934		1,943

See Notes to Financial Statements.

206 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,413	8503126, 5.91%, 6/18/2026	12/23/2024		1,303	$	1,295
	1,691	8503158, 6.31%, 6/18/2026	12/23/2024		1,533		1,518
	7,591	8503192, 5.20%, 6/18/2026	12/23/2024		7,061		7,095
	10,087	8503328, 6.43%, 6/18/2026	12/23/2024		9,243		9,076
	109,068	8503404, 4.58%, 6/18/2026	12/23/2024		102,301		104,265
	69,647	8504897, 5.44%, 6/18/2026	12/23/2024		64,103		64,659
	74,988	8505591, 5.87%, 6/18/2026	12/23/2024		69,061		68,806
	12,920	8506198, 6.31%, 6/18/2026	12/23/2024		11,780		11,642
	18,864	8506278, 5.69%, 6/18/2026	12/23/2024		17,292		17,450
	7,960	8506405, 5.42%, 6/18/2026	12/23/2024		7,384		7,168
	3,729	8506458, 4.52%, 6/18/2026	12/23/2024		3,501		3,567
	608	8506510, 4.77%, 6/18/2026	12/23/2024		562		544
	9,427	8506523, 5.87%, 6/18/2026	12/23/2024		8,640		8,631
	798	8506609, 6.41%, 6/18/2026	12/23/2024		731		718
	26,677	8506614, 6.43%, 6/18/2026	12/23/2024		24,419		23,969
	10,376	8506769, 5.69%, 6/18/2026	12/23/2024		9,593		9,622
	16,735	8506857, 5.92%, 6/18/2026	12/23/2024		15,462		15,369
	24,844	8509410, 4.60%, 6/19/2026	12/24/2024		23,297		23,745
	5,054	8509620, 5.46%, 6/19/2026	12/24/2024		4,681		4,701
	1,846	8509692, 4.93%, 6/19/2026	12/24/2024		1,721		1,741
	4,104	8509702, 6.24%, 6/19/2026	12/24/2024		3,772		3,735
	2,343	8509750, 5.72%, 6/19/2026	12/24/2024		2,167		2,172
	3,305	8509789, 5.89%, 6/19/2026	12/24/2024		3,031		3,023
	569	8509837, 5.22%, 6/19/2026	12/24/2024		529		532
	5,732	8509845, 5.46%, 6/19/2026	12/24/2024		5,311		5,330
	2,417	8509979, 6.20%, 6/19/2026	12/24/2024		2,221		2,200
	8,001	8510017, 4.85%, 6/19/2026	12/24/2024		7,463		7,549
	14,856	8510160, 4.60%, 6/19/2026	12/24/2024		13,932		14,200
	4,793	8510398, 5.94%, 6/19/2026	12/24/2024		4,421		4,400
	3,515	8510497, 5.72%, 6/19/2026	12/24/2024		3,240		3,251
	6,259	8510575, 4.60%, 6/19/2026	12/24/2024		5,861		5,981
	6,493	8510651, 4.54%, 6/19/2026	12/24/2024		6,075		6,208
	4,527	8510723, 6.24%, 6/19/2026	12/24/2024		4,136		4,077
	25,205	8510786, 5.16%, 6/19/2026	12/24/2024		23,440		23,595
	6,989	8511053, 5.43%, 6/19/2026	12/24/2024		6,502		6,303
	17,370	8511121, 6.21%, 6/19/2026	12/24/2024		15,967		15,807
	23,731	8511362, 5.22%, 6/19/2026	12/24/2024		22,066		22,204
	14,766	8511685, 5.40%, 6/19/2026	12/24/2024		13,707		13,757
	20,110	8511856, 4.85%, 6/19/2026	12/24/2024		18,796		18,994
	21,009	8512147, 5.22%, 6/19/2026	12/24/2024		19,549		19,660
	16,647	8512375, 5.22%, 6/19/2026	12/24/2024		15,456		15,565
	9,505	8512602, 5.40%, 6/19/2026	12/24/2024		8,815		8,851
	3,937	8512711, 5.95%, 6/19/2026	12/24/2024		3,632		3,614
	13,550	8512753, 4.60%, 6/19/2026	12/24/2024		12,707		12,952
	8,605	8512840, 6.23%, 6/19/2026	12/24/2024		7,884		7,773

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 207

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	4,266	8512896, 5.15%, 6/19/2026	12/24/2024		3,967	$	3,992
	8,693	8512923, 4.85%, 6/19/2026	12/24/2024		8,128		8,211
	1,902	8512997, 5.21%, 6/19/2026	12/24/2024		1,767		1,779
	14,067	8513004, 5.94%, 6/19/2026	12/24/2024		12,975		12,913
	5,579	8513112, 5.16%, 6/19/2026	12/24/2024		5,187		5,221
	30,661	8513151, 5.71%, 6/19/2026	12/24/2024		28,341		28,425
	17,479	8513295, 4.54%, 6/19/2026	12/24/2024		16,410		16,721
	2,386	8513422, 5.44%, 6/19/2026	12/24/2024		2,208		2,142
	1,865	8513432, 5.90%, 6/19/2026	12/24/2024		1,720		1,712
	2,311	8513450, 4.75%, 6/19/2026	12/24/2024		2,170		2,095
	35,748	8513456, 5.89%, 6/19/2026	12/24/2024		32,968		32,821
	10,350	8513636, 6.08%, 6/19/2026	12/24/2024		9,532		9,264
	3,705	8513739, 5.94%, 6/19/2026	12/24/2024		3,417		3,401
	7,297	8513778, 4.60%, 6/20/2026	12/26/2024		6,838		6,974
	30,835	8513884, 4.54%, 6/20/2026	12/26/2024		28,879		29,488
	7,205	8514150, 5.40%, 6/20/2026	12/26/2024		6,681		6,711
	1,633	8514204, 6.08%, 6/20/2026	12/26/2024		1,494		1,456
	25,389	8514218, 4.54%, 6/20/2026	12/26/2024		23,810		24,283
	23,008	8514634, 5.90%, 6/20/2026	12/26/2024		21,159		21,104
	4,359	8515056, 4.54%, 6/20/2026	12/26/2024		4,087		4,168
	2,449	8515099, 5.88%, 6/20/2026	12/26/2024		2,259		2,248
	2,004	8515122, 5.16%, 6/20/2026	12/26/2024		1,865		1,876
	19,295	8515143, 4.54%, 6/20/2026	12/26/2024		18,109		18,457
	14,050	8515946, 5.16%, 6/20/2026	12/26/2024		13,072		13,154
	945	8516062, 4.76%, 6/20/2026	12/26/2024		887		857
	1,589	8516071, 6.24%, 6/20/2026	12/26/2024		1,450		1,430
	8,909	8516089, 4.85%, 6/20/2026	12/26/2024		8,315		8,412
	20,395	8516165, 5.71%, 6/20/2026	12/26/2024		18,834		18,901
	7,346	8516318, 5.21%, 6/20/2026	12/26/2024		6,820		6,869
	42,131	8516385, 5.46%, 6/20/2026	12/26/2024		38,977		39,172
	439	8516633, 4.54%, 6/20/2026	12/26/2024		411		419
	2,951	8516637, 4.54%, 6/20/2026	12/26/2024		2,770		2,823
	8,072	8516656, 5.15%, 6/20/2026	12/26/2024		7,516		7,559
	2,633	8516704, 5.70%, 6/20/2026	12/26/2024		2,432		2,441
	2,834	8516713, 4.60%, 6/20/2026	12/26/2024		2,657		2,708
	3,403	8516734, 4.77%, 6/20/2026	12/26/2024		3,165		3,052
	46,312	8516767, 5.94%, 6/20/2026	12/26/2024		42,690		42,502
	1,686	8517072, 6.25%, 6/20/2026	12/26/2024		1,549		1,534
	2,858	8517080, 5.95%, 6/20/2026	12/26/2024		2,634		2,622
	8,350	8517107, 4.60%, 6/20/2026	12/26/2024		7,829		7,980
	5,789	8517167, 5.94%, 6/20/2026	12/26/2024		5,337		5,313
	13,549	8517195, 6.23%, 6/20/2026	12/26/2024		12,395		12,303
	9,691	8517246, 5.94%, 6/20/2026	12/26/2024		8,894		8,870
	12,888	8517289, 5.16%, 6/20/2026	12/26/2024		11,988		12,061
	8,540	8517367, 5.16%, 6/20/2026	12/26/2024		7,947		7,995

See Notes to Financial Statements.

208 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,269	8517392, 6.11%, 6/20/2026	12/26/2024		1,165	$	1,133
	5,526	8517394, 4.54%, 6/20/2026	12/26/2024		5,184		5,285
	22,051	8517413, 6.21%, 6/20/2026	12/26/2024		20,211		20,043
	3,546	8517517, 5.90%, 6/20/2026	12/26/2024		3,266		3,254
	6,364	8517537, 4.54%, 6/20/2026	12/26/2024		5,970		6,087
	7,790	8517556, 5.71%, 6/20/2026	12/26/2024		7,202		7,222
	3,059	8517607, 4.85%, 6/20/2026	12/26/2024		2,858		2,889
	18,130	8517625, 5.22%, 6/20/2026	12/26/2024		16,833		16,953
	22,601	8517802, 5.22%, 6/20/2026	12/26/2024		21,003		21,143
	3,653	8518828, 6.09%, 6/21/2026	12/27/2024		3,339		3,251
	1,761	8518850, 4.76%, 6/21/2026	12/27/2024		1,638		1,584
	9,636	8518857, 4.61%, 6/21/2026	12/27/2024		9,024		9,205
	6,349	8518913, 5.90%, 6/21/2026	12/27/2024		5,829		5,816
	5,256	8518939, 5.17%, 6/21/2026	12/27/2024		4,889		4,920
	16,918	8518980, 5.16%, 6/21/2026	12/27/2024		15,721		15,835
	2,887	8519086, 5.47%, 6/21/2026	12/27/2024		2,673		2,686
	10,215	8519111, 4.55%, 6/21/2026	12/27/2024		9,581		9,769
	1,170	8519169, 6.15%, 6/21/2026	12/27/2024		1,071		1,043
	3,536	8519178, 6.09%, 6/21/2026	12/27/2024		3,248		3,162
	1,862	8519198, 6.24%, 6/21/2026	12/27/2024		1,706		1,692
	820	8519210, 4.79%, 6/21/2026	12/27/2024		768		743
	1,940	8519215, 5.42%, 6/21/2026	12/27/2024		1,799		1,807
	17,242	8519221, 4.61%, 6/21/2026	12/27/2024		16,141		16,474
	18,891	8519305, 6.25%, 6/21/2026	12/27/2024		17,323		17,179
	1,798	8519427, 5.16%, 6/21/2026	12/27/2024		1,671		1,683
	28,950	8519439, 6.24%, 6/21/2026	12/27/2024		26,490		26,063
	2,088	8519613, 6.09%, 6/21/2026	12/27/2024		1,921		1,870
	24,112	8519628, 5.41%, 6/21/2026	12/27/2024		22,329		22,444
	16,431	8519795, 4.86%, 6/21/2026	12/27/2024		15,310		15,508
	2,274	8519906, 6.23%, 6/22/2026	12/27/2024		2,086		2,057
	17,817	8519921, 4.54%, 6/22/2026	12/27/2024		16,695		17,037
	10,472	8520050, 4.92%, 6/22/2026	12/27/2024		9,744		9,870
	11,350	8520111, 6.08%, 6/22/2026	12/27/2024		10,415		10,142
	14,951	8520167, 4.54%, 6/22/2026	12/27/2024		14,006		14,296
	11,354	8520275, 4.54%, 6/22/2026	12/27/2024		10,632		10,856
	11,588	8520351, 4.85%, 6/22/2026	12/27/2024		10,822		10,942
	2,640	8520416, 5.90%, 6/22/2026	12/27/2024		2,429		2,420
	13,624	8520440, 5.95%, 6/22/2026	12/27/2024		12,521		12,490
	4,674	8520527, 4.85%, 6/22/2026	12/27/2024		4,365		4,414
	12,776	8520546, 5.90%, 6/22/2026	12/27/2024		11,770		11,727
	2,901	8520641, 4.84%, 6/22/2026	12/27/2024		2,704		2,738
	6,780	8520656, 5.40%, 6/22/2026	12/27/2024		6,277		6,310
	8,723	8520715, 4.60%, 6/22/2026	12/27/2024		8,159		8,333
	24,045	8520783, 5.16%, 6/22/2026	12/27/2024		22,366		22,511
	13,576	8521146, 4.53%, 6/23/2026	12/27/2024		12,700		12,973

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 209

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	1,542	8521316, 6.07%, 6/23/2026	12/27/2024		1,412	$	1,375
	9,176	8521326, 5.39%, 6/23/2026	12/27/2024		8,489		8,538
	2,128	8521470, 5.87%, 6/23/2026	12/27/2024		1,959		1,953
	45,127	8521508, 4.84%, 6/23/2026	12/27/2024		42,119		42,599
	66,943	8522072, 4.92%, 6/23/2026	12/27/2024		62,330		63,118
	4,020	8522677, 6.23%, 6/23/2026	12/27/2024		3,683		3,654
	2,539	8522709, 5.70%, 6/23/2026	12/27/2024		2,345		2,353
	4,502	8522748, 6.22%, 6/23/2026	12/27/2024		4,127		4,071
	1,710	8522791, 6.05%, 6/23/2026	12/27/2024		1,572		1,530
	5,863	8522809, 4.58%, 6/23/2026	12/27/2024		5,493		5,603
	2,703	8522867, 5.90%, 6/23/2026	12/27/2024		2,487		2,479
	27,963	8522874, 4.59%, 6/23/2026	12/27/2024		26,197		26,719
	5,929	8523076, 6.22%, 6/23/2026	12/27/2024		5,438		5,392
	3,498	8523112, 6.44%, 6/23/2026	12/27/2024		3,201		3,147
	4,746	8523138, 4.84%, 6/23/2026	12/27/2024		4,430		4,481
	12,984	8523169, 5.70%, 6/23/2026	12/27/2024		11,967		12,026
	2,067	8523256, 5.93%, 6/23/2026	12/27/2024		1,902		1,895
	1,032	8523280, 6.04%, 6/23/2026	12/27/2024		950		924
	10,038	8523305, 4.53%, 6/23/2026	12/27/2024		9,403		9,598
	2,497	8523423, 6.10%, 6/23/2026	12/27/2024		2,292		2,232
	930	8523452, 6.25%, 6/23/2026	12/27/2024		852		838
	15,574	8523467, 6.07%, 6/23/2026	12/27/2024		14,300		13,927
	2,090	8523632, 4.85%, 6/23/2026	12/27/2024		1,948		1,972
	2,448	8523648, 5.71%, 6/23/2026	12/27/2024		2,259		2,268
	38,434	8523676, 5.39%, 6/23/2026	12/27/2024		35,597		35,777
	2,003	8523932, 5.44%, 6/23/2026	12/27/2024		1,858		1,805
	12,867	8523956, 5.70%, 6/23/2026	12/27/2024		11,882		11,926
	11,560	8524038, 6.32%, 6/23/2026	12/27/2024		10,585		10,442
	22,440	8524131, 5.15%, 6/23/2026	12/27/2024		20,841		20,999
	1,337	8524352, 6.23%, 6/23/2026	12/27/2024		1,227		1,209
	1,845	8524380, 4.92%, 6/23/2026	12/27/2024		1,721		1,740
	39,631	8524404, 4.59%, 6/23/2026	12/27/2024		37,120		37,868
	2,553	8524737, 6.22%, 6/23/2026	12/27/2024		2,338		2,319
	6,413	8524772, 5.21%, 6/23/2026	12/27/2024		5,951		5,996
	2,674	8524841, 6.23%, 6/23/2026	12/27/2024		2,453		2,419
	29,121	8524867, 5.39%, 6/23/2026	12/27/2024		26,961		27,103
	1,118	8525258, 4.76%, 6/24/2026	12/30/2024		1,037		1,007
	13,249	8525330, 4.84%, 6/24/2026	12/30/2024		12,346		12,505
	29,258	8525471, 4.84%, 6/24/2026	12/30/2024		27,280		27,613
	6,092	8525695, 5.21%, 6/24/2026	12/30/2024		5,654		5,698
	7,904	8525763, 4.53%, 6/24/2026	12/30/2024		7,394		7,554
	2,714	8525858, 5.88%, 6/24/2026	12/30/2024		2,495		2,490
	16,571	8525895, 4.53%, 6/24/2026	12/30/2024		15,535		15,847
	11,460	8526074, 5.21%, 6/24/2026	12/30/2024		10,646		10,719
	33,512	8526200, 4.59%, 6/24/2026	12/30/2024		31,391		32,021

See Notes to Financial Statements.

210 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	2,485	8526716, 5.16%, 6/24/2026	12/30/2024		2,310	$	2,326
	15,096	8526746, 4.53%, 6/24/2026	12/30/2024		14,152		14,436
	70,257	8526837, 4.53%, 6/24/2026	12/30/2024		65,865		67,186
	17,861	8528131, 6.44%, 6/24/2026	12/30/2024		16,284		16,043
	9,068	8528369, 6.22%, 6/24/2026	12/30/2024		8,312		8,245
	8,874	8528423, 5.15%, 6/24/2026	12/30/2024		8,250		8,307
	13,553	8530323, 4.54%, 6/25/2026	12/31/2024		12,692		12,957
	810	8530460, 6.09%, 6/25/2026	12/31/2024		737		718
	9,919	8530463, 5.91%, 6/25/2026	12/31/2024		9,104		9,093
	3,893	8530536, 4.86%, 6/25/2026	12/31/2024		3,628		3,673
	6,298	8530553, 5.17%, 6/25/2026	12/31/2024		5,847		5,893
	3,633	8530592, 5.91%, 6/25/2026	12/31/2024		3,338		3,332
	1,628	8530618, 6.27%, 6/25/2026	12/31/2024		1,489		1,479
	21,700	8530631, 6.25%, 6/25/2026	12/31/2024		19,841		19,717
	6,863	8530747, 4.86%, 6/25/2026	12/31/2024		6,399		6,478
	8,189	8530786, 5.91%, 6/25/2026	12/31/2024		7,522		7,509
	1,136	8530843, 4.61%, 6/25/2026	12/31/2024		1,063		1,085
	12,485	8530855, 4.55%, 6/25/2026	12/31/2024		11,692		11,936
	7,688	8530937, 4.55%, 6/25/2026	12/31/2024		7,198		7,349
	48,238	8530985, 4.55%, 6/25/2026	12/31/2024		45,173		46,115
	8,832	8531387, 5.16%, 6/26/2026	12/31/2024		8,196		8,261
	8,208	8531523, 4.85%, 6/26/2026	12/31/2024		7,653		7,747
	2,242	8531670, 4.54%, 6/26/2026	12/31/2024		2,098		2,142
	10,265	8531695, 5.16%, 6/26/2026	12/31/2024		9,528		9,603
	6,931	8531892, 4.84%, 6/26/2026	12/31/2024		6,463		6,542
	20,244	8532119, 5.16%, 6/26/2026	12/31/2024		18,792		18,941
	7,207	8532437, 4.53%, 6/26/2026	12/31/2024		6,750		6,890
	32,007	8532534, 4.54%, 6/26/2026	12/31/2024		29,973		30,599
	8,353	8532968, 6.23%, 6/26/2026	12/31/2024		7,623		7,584
	2,531	8533042, 4.54%, 6/26/2026	12/31/2024		2,370		2,420
	5,233	8533097, 5.16%, 6/26/2026	12/31/2024		4,858		4,896
	25,990	8533144, 5.46%, 6/26/2026	12/31/2024		24,026		24,172
	19,907	8533345, 5.40%, 6/26/2026	12/31/2024		18,412		18,523
	2,853	8533515, 5.90%, 6/26/2026	12/31/2024		2,620		2,615
	2,280	8533540, 4.84%, 6/26/2026	12/31/2024		2,124		2,150
	2,580	8533557, 5.89%, 6/26/2026	12/31/2024		2,371		2,367
	48,234	8533576, 4.54%, 6/26/2026	12/31/2024		45,169		46,112
	54,509	8533915, 4.85%, 6/26/2026	12/31/2024		50,810		51,439
	26,302	8534241, 5.90%, 6/26/2026	12/31/2024		24,163		24,119
	10,527	8534423, 5.94%, 6/26/2026	12/31/2024		9,666		9,649
	7,348	8534488, 4.75%, 6/26/2026	12/31/2024		6,855		6,643
	5,208	8534556, 6.23%, 6/26/2026	12/31/2024		4,764		4,692
	2,869	8534613, 5.89%, 6/26/2026	12/31/2024		2,637		2,632
	45,685	8534648, 5.89%, 6/26/2026	12/31/2024		41,970		41,893
	2,348	8534898, 5.40%, 6/26/2026	12/31/2024		2,170		2,184

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 211

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Principal Amount		Description	Acquisition Date	Cost		Value
	10,591	8534915, 5.15%, 6/26/2026	12/31/2024		9,833	$	9,910
	8,254	8534979, 6.23%, 6/26/2026	12/31/2024		7,550		7,459
	27,013	8535012, 4.54%, 6/26/2026	12/31/2024		25,296		25,825
TOTAL SMALL BUSINESS LOANS
(Cost $56,178,396)							43,176,445

Shares		Description	Value
WARRANTS (0.15%)
Canada (0.00%)
	13,341	Above Food Ingredients, Inc., Strike Price $11.50, Expires 06/21/2029		360
United States (0.13%)
	10,223	Aimei Health Technology Co., Ltd., Strike Price $0.01, Expires 12/31/2049		1,227
	18,607	Apexigen, Inc., Strike Price $11.50, Expires 07/29/2027(c)		486
	33,217	Ares Acquisition Corp. II, Strike Price $11.50, Expires 06/12/2028		4,983
	64,011	AtlasClear Holdings, Inc., Strike Price $11.50, Expires 10/25/2028		1,152
	6,873	Bayview Acquisition Corp., Strike Price $0.01, Expires 12/31/2049		694
	57,334	Bellevue Life Sciences Acquisi, Strike Price $11.50, Expires 02/10/2028		4,423
	2,789	Black Hawk Acquisition Corp., Strike Price $0.01, Expires 12/31/2049		2,789
	25,000	Bowen Acquisition Corp., Strike Price $0.01, Expires 12/31/2049		5,000
	11,822	Brand Engagement Network, Inc., Strike Price $11.50, Expires 03/14/2029		661
	4,326	Coliseum Acquisition Corp., Strike Price $11.50, Expires 12/31/2028		303
	4,014	Colombier Acquisition Corp. II, Strike Price $11.50, Expires 12/31/2028		6,422
	20,000	Concord Acquisition Corp. II, Strike Price $11.50, Expires 12/31/2028		800
	7,168	Corner Growth Acquisition Corp. 2, Strike Price $11.50, Expires 06/17/2026		252
	17,481	ESH Acquisition Corp., Strike Price $10.00, Expires 12/31/2049		1,573
	9,445	FOXO Technologies, Inc., Strike Price $11.50, Expires 08/01/2027		203

See Notes to Financial Statements.

212 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Shares		Description	Value
	22,188	Goal Acquisitions Corp., Strike Price $11.50, Expires 02/11/2026	$	135
	14,678	GP-Act III Acquisition Corp., Strike Price $11.50, Expires 12/31/2027		2,055
	7,625	Haymaker Acquisition Corp. 4, Strike Price $11.50, Expires 09/12/2028		1,068
	10,000	Hennessy Capital Investment Corp. VI, Strike Price $11.50, Expires 12/31/2027		1,211
	28,026	Horizon Space Acquisition I Corp., Strike Price $11.50, Expires 01/26/2028		1,868
	7,036	IB Acquisition Corp., Strike Price $0.01, Expires 12/31/2049		488
	16,428	Inflection Point Acquisition Corp. II, Strike Price $11.50, Expires 07/17/2028		8,050
	27,754	Iron Horse Acquisitions Corp., Strike Price $11.50, Expires 02/16/2029		4,510
	10,471	Jaws Mustang Acquisition Corp., Strike Price $11.50, Expires 01/30/2026		262
	7,108	Legato Merger Corp. III, Strike Price $11.50, Expires 03/28/2029		1,137
	3,606	Maquia Capital Acquisition Corp., Strike Price $11.50, Expires 12/31/2027		84
	22,194	MicroCloud Hologram, Inc., Strike Price $11.50, Expires 01/31/2028		7,481
	16,157	Nabors Energy Transition Corp. II, Strike Price $11.50, Expires 09/05/2028		2,585
	17,028	New Horizon Aircraft, Ltd., Strike Price $11.50, Expires 04/03/2028		1,703
	4,459	NKGen Biotech, Inc., Strike Price $11.50, Expires 10/02/2028		446
	8,975	Northern Revival Acquisition Corp., Strike Price $11.50, Expires 12/31/2027(c)		195
	22,253	OceanTech Acquisitions I Corp., Strike Price $11.50, Expires 05/10/2026(c)		–
	16,697	OneMedNet Corp., Strike Price $11.50, Expires 12/31/2028		337
	774	Quetta Acquisition Corp., Strike Price $0.01, Expires 12/31/2049		906
	146	RMG Acquisition Corp. III, Strike Price $11.50, Expires 02/08/2026(c)		–
	9,545	SHF Holdings, Inc., Strike Price $11.50, Expires 09/28/2027		409
	3,872	Spark I Acquisition Corp., Strike Price $11.50, Expires 11/27/2028		388
	31,280	Trailblazer Merger Corp. I, Strike Price $0.01, Expires 12/31/2049		6,881

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 213

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Shares		Description	Value
				73,167
Israel (0.00%)
	5,298	Silexion Therapeutics Corp., Strike Price $11.50, Expires 08/15/2029	$	180
Singapore (0.00%)
	6,650	Chenghe Acquisition II Co., Strike Price $11.50, Expires 07/29/2029		266
	6,487	RF Acquisition Corp. II, Strike Price $0.01, Expires 01/01/2049		364
				630
China (0.02%)
	27,792	Distoken Acquisition Corp., Strike Price $11.50, Expires 03/30/2028		1,636
	4,572	ECARX Holdings, Inc., Strike Price $11.50, Expires 12/21/2027		229
	14,162	Global Lights Acquisition Corp, Strike Price $0.01, Expires 12/31/2049		1,990
	35,317	MicroAlgo, Inc., Strike Price $11.50, Expires 12/31/2027		1,907
	22,264	SunCar Technology Group, Inc., Strike Price $11.50, Expires 05/18/2028		7,124
				12,886
Taiwan (0.00%)
	1,196	Gorilla Technology Group, Inc., Strike Price $11.50, Expires 07/14/2027		1,136
Hong Kong (0.00%)
	7,600	JVSPAC Acquisition Corp., Strike Price $0.01, Expires 12/31/2049		1,901
	10,302	MultiMetaVerse Holdings, Ltd., Strike Price $11.50, Expires 03/15/2027		285
	3,677	Prenetics Global, Ltd., Strike Price $8.91, Expires 05/17/2027		29
				2,215
Ireland (0.00%)
	10,162	Kalera PLC, Strike Price $1150.00, Expires 06/28/2027		–
TOTAL WARRANTS
(Cost $273,368)				90,574

See Notes to Financial Statements.

214 (888) 848-7569 | www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments December 31, 2024 (Unaudited)

Shares	Description	Value
SHORT-TERM INVESTMENTS (14.76%)
Money Market Fund (14.76%)
8,821,497	State Street Institutional Treasury Money Market Fund Premier Class (7 Day Yield 4.41%)	$	8,821,497
TOTAL SHORT-TERM INVESTMENTS
(Cost $8,821,497)			8,821,497
TOTAL INVESTMENTS (116.05%)
(Cost $81,497,089) $			69,363,713
Liabilities in Excess of Other Assets (-16.05%)			(9,591,805	)
NET ASSETS (100.00%) $			59,771,908

(a)	All or a portion of the security is pledged as collateral for loan payable. As of December 31, 2024 the aggregate market value of those securities was $9,771,918 representing 16.35% of net assets.
(b)	Non-income producing security.
(c)	The Level 3 assets were a result of unavailable quoted prices from an active market or the unavailability of other significant observable inputs.
(d)	Fair Valued by the Advisor using a discounted cash flow (DCF) methodology.
(e)	Loans are issued at discounts and do not have a stated interest rate.  Rate indicated based on projected future cash flows and an implied 18-month final maturity.  Actual yield and maturity is dependent on timing of future payments.
(f)	Security may be deemed restricted to resale to institutional investors. As of December 31, 2024, the aggregate fair value of these securities was $43,176,445 representing 72.24% of net assets.
(g)	Contains past-due loans. A loan is deemed past-due at December 31, 2024, if the loan borrower has not made its required payment as of the most recent due date. As of December 31, 2024, $750,430 of whole loans were past due, which represents 1.26% of net assets.

See Notes to Financial Statements.

Semi-Annual Report | December 31, 2024 215