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RiverNorth Opportunities Fund Inc. (RIV)

$11.95

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Key data on RIV

AUM

$256365429

P/E ratio

4.9

Dividend yield

9.1809%

Expense ratio

5.8%

Beta

0.655491

Price on RIV

Previous close

$12

Today's open

$12

Day's range

$11.90 - $12

52 week range

$10.11 - $12.56

Profile about RIV

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Headquarters

US

Exchange

New York Stock Exchange

Issue type

Common Stock

RIV industries and sectors

Asset Allocations

News on RIV

RIV: Fund Of Funds, 13% Yield, Distribution Hike

RiverNorth Opportunities Fund is profiled as a high-yield investment vehicle with a focus on dividend income. The article details RIV's portfolio, top 10 holdings, bond ratings and maturities, dividend structure, and tax considerations. Performance, risk factors, and valuation metrics for RIV are discussed to inform portfolio positioning.

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Seeking Alpha • Jan 24, 2026

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RiverNorth Opportunities' Preferred Stock: High Credit Quality And 6.4%+ Current Yield

RiverNorth Opportunities and its preferred stock (RIV.PR.A) offer high credit quality, stable structure, and trade at a discount to NAV. RIV's portfolio is heavily weighted toward SPACs and finance, with a 26.2% leverage ratio and a 4.21% expense ratio. RIV.PR.A carries an 'A1' Moody's rating, a 6% coupon, and currently yields above 6.4% with robust regulatory coverage.

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Seeking Alpha • Jan 14, 2026

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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.

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Seeking Alpha • Nov 27, 2025

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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.

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Seeking Alpha • Oct 19, 2025

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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.

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Business Wire • Oct 8, 2025

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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.

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Business Wire • Oct 7, 2025

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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.

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Seeking Alpha • Sep 12, 2025

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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.

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Business Wire • Aug 25, 2025

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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.

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24/7 Wall Street • Jul 18, 2025

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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.

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Seeking Alpha • Jun 14, 2025

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