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ALL
AUM
$254220112
P/E ratio
5
Dividend yield
9.1093%
Expense ratio
5.8%
Beta
0.655186
Previous close
$11.86
Today's open
$11.90
Day's range
$11.72 - $11.90
52 week range
$10.11 - $12.68
show more
Headquarters
US
Exchange
New York Stock Exchange
Issue type
Common Stock
Asset Allocations
12.05%
5.04%
RIV: Fund Of Funds With An Appealing Distribution Yield
RiverNorth Opportunities Fund offers a diversified, multi-asset closed-end fund strategy focused on income generation through CEFs, SPACs, BDCs, and ETFs. RIV yields 13.38%, with a significant portion of distributions as return of capital, raising tax considerations for investors depending on account type. Recent portfolio adjustments include reducing SPAC exposure and raising capital via new share issuance, but historical performance lags peers like SPE and FOF.
Seeking Alpha • Nov 27, 2025

CEF Weekly Review: Rights Offerings Are Everywhere
We review the CEF market valuation and performance through the second week of October and highlight recent market action. Closed-end fund market saw most sectors decline, with MLPs underperforming and Muni funds outperforming, as Treasury yields trended lower. Rights offerings are seemingly everywhere, with recent announcements from JGH and OPP; these typically cause short-term price drops and temporarily overstate discounts.
Seeking Alpha • Oct 19, 2025

RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. Announce Preferred Dividends
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred dividends for the fourth quarter of 2025, as detailed below. Ex Date Record Date Payable Date November 3, 2025 November 3, 2025 November 14, 2025 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 River.
Business Wire • Oct 17, 2025

RiverNorth Opportunities Fund, Inc. Announces Final Results of Rights Offering
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. (the “Fund”) (NYSE: RIV) today announced the final results of its transferable rights offering (the “Offering”). The Fund will issue a total of 5,899,015 new shares of common stock as a result of the Offering, which closed on October 6, 2025 (the “Expiration Date”). The subscription price of $11.95 per share in the Offering was established on the Expiration Date based on a formula equal to 92.5% of the reported net asse.
Business Wire • Oct 8, 2025

RiverNorth Opportunities Fund, Inc. Announces Preliminary Results of Rights Offering
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. (the “Fund”) (NYSE: RIV) today announced the preliminary results of its transferable rights offering (the “Offering”) that expired on October 6, 2025 (the “Expiration Date”). In the Offering, the Fund received subscription requests for 5,906,588 shares of common stock from rights holders. Accordingly, the Fund expects to issue 5,906,588 new shares of common stock for these subscriptions, pending the receipt of payment f.
Business Wire • Oct 7, 2025

RIV: 12% Yielding Fund Of Funds
The RiverNorth Opportunities fund offers diversified exposure to CEFs, ETFs, SPACs, and BDCs, aiming for high monthly income and capital appreciation. RIV's 12.29% yield is supported by improved distribution coverage, but the recent dividend was slightly reduced; leverage and expense ratio are notable factors. Performance has lagged broader indices long-term; risks include interest rate and SPAC exposure.
Seeking Alpha • Sep 12, 2025

RiverNorth Opportunities Fund, Inc. Announces Transferable Rights Offering
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. (NYSE: RIV) (the “Fund”) announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund's common stockholders of rights to purchase additional shares of common stock of the Fund. In this offering, the Fund will issue transferable subscription rights (“Rights”) to its common stockholders of record as of September 11, 2025 (the “Record Date” and such stockholders, “Record D.
Business Wire • Aug 25, 2025

Passive Income of $5,600 Annually Can Be Had From These 5 High-Yield Closed-End Funds
US mutual funds trace their origin to 1924's Massachusetts Investors Trust, which was the first formalized US mutual fund entity.
24/7 Wall Street • Jul 18, 2025

RIV: Pershing Square Exposure Via This CEF, 12% Distribution
RiverNorth Opportunities employs a tactical, multi-asset strategy focused on CEFs, SPACs, and BDCs to exploit market inefficiencies and diversify risk. The fund has delivered strong but volatile returns, with deep drawdowns and a risk profile similar to equities. Currently, RIV trades close to its NAV and appears fairly valued, making it less attractive for new entry at this time.
Seeking Alpha • Jun 14, 2025

RIV: Massive, Fully Covered Distribution At A Discount
The RiverNorth Opportunities Fund offers a 13.00% yield, significantly higher than major indices and comparable funds, making it attractive for income-focused investors. The RIV closed-end fund's hybrid strategy includes investing in closed-end funds, ETFs, BDCs, and SPACs, providing diversified exposure and high income. The fund invests mostly in American securities and investment companies, but it does have some foreign market exposure.
Seeking Alpha • Apr 2, 2025

¹ Disclosures

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