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RiverNorth Capital and Income Fund, Inc. (the "Fund") (NYSE:RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on October 2, 2024. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 2,129,843 shares were submitted for redemption and 193,024 shares were repurchased. In accordance with the terms and conditions of the repurchase offer, because the number of shares submitted for redemption exceeds the number of shares offered to purchase, the Fund will purchase shares from tendering shareholders on a pro-rata basis
In accordance with the RiverNorth closed-end funds (the "Funds") level distribution policies, the Funds have declared distributions for October, November and December 2024, as detailed below. Ex Date Record Date Payable Date October 15, 2024 October 15, 2024 October 31, 2024 November 15, 2024 November 15, 2024 November 29, 2024 December 13, 2024 December 13, 2024 December 31, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 9/30/2024 Annualized Current Distribution Rate at NAV Market Price as of 9/30/2024 Annualized Current Distribution Rate at Market Inception to Date
As announced in a press release dated September 4, 2024 (the "Prior Announcement"), the Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the "Fund") (NYSE:RSF) has authorized the redemption of all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (the "Series A Preferred Stock") (NYSE:RMPL). The Prior Announcement had noted an anticipated redemption date of October 4, 2024; however, the Fund has determined that the redemption will occur on October 31, 2024 (the "Mandatory Redemption Date"). The Series A Preferred Stock redemption price is now estimated to be $25.31 per share of Series A Preferred Stock, which is equal to the liquidation preference
The Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the "Fund") (NYSE:RSF) has authorized the redemption of all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (the "Series A Preferred Stock") (NYSE:RMPL). The anticipated redemption date is October 4, 2024 (the "Redemption Date"), but the redemption may be effected on a subsequent date no later than the mandatory redemption date of October 31, 2024, due to changes in market conditions or otherwise as determined by the Fund. The Series A Preferred Stock redemption price is estimated to be $25.20 per share of Series A Preferred Stock, which is equal to the liquidation preference of $25.00 per sha
RiverNorth Capital and Income Fund, Inc. (the "Fund") (NYSE:RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on July 3, 2024. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 2,335,546 shares were submitted for redemption and 202,931 shares were repurchased. In accordance with the terms and conditions of the repurchase offer, because the number of shares submitted for redemption exceeds the number of shares offered to purchase, the Fund will purchase shares from tendering shareholders on a pro-rata basis (d
In accordance with the RiverNorth closed-end funds (the "Funds") level distribution policies, the Funds have declared distributions for July, August and September 2024, as detailed below. Ex Date Record Date Payable Date July 15, 2024 July 15, 2024 July 31, 2024 August 15, 2024 August 15, 2024 August 30, 2024 September 13, 2024 September 13, 2024 September 30, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 6/28/2024 Annualized Current Distribution Rate at NAV Market Price as of 6/28/2024 Annualized Current Distri
RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) (the "Fund") today announced the final results of its non-transferable rights offering (the "Offering") that expired on April 22, 2024 (the "Expiration Date"). In the Offering, the Fund received subscription requests for 949,525 shares of common stock from rights holders. Accordingly, the Fund expects to issue 949,525 new shares of common stock for these subscriptions, on or about April 24, 2024. Gross proceeds from the Offering are expected to total approximately $14.3 million, before expenses. The Offering's final subscription price per share was determined to be $15.04. The subscription price was established pursuant to the terms of t
RiverNorth Opportunities Fund, Inc., RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Capital and Income Fund, Inc. are each pleased to announce the declaration of preferred dividends for the second quarter of 2024, as detailed below. Ex Date Record Date Payable Date May 1, 2024 May 2, 2024 May 15, 2024 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. 4.375% Series A Cumulative Pr
RiverNorth Capital and Income Fund, Inc. (the "Fund") (NYSE:RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on April 3, 2024. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 1,605,138 shares were submitted for redemption and 246,374 shares were repurchased. In accordance with the terms and conditions of the repurchase offer, because the number of shares submitted for redemption exceeds the number of shares offered to purchase, the Fund will purchase shares from tendering shareholders on a pro-rata basis (
In accordance with the RiverNorth closed-end funds (the "Funds") level distribution policies, the Funds have declared distributions for April, May and June 2024, as detailed below. Ex Date Record Date Payable Date April 12, 2024 April 15, 2024 April 30, 2024 May 14, 2024 May 15, 2024 May 31, 2024 June 14, 2024 June 14, 2024 June 28, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 3/28/2024 Annualized Current Distribution Rate at NAV Market Price as of 3/28/2024 Annualized Current Distribution Rate at Market
25-NSE - RiverNorth Capital & Income Fund, Inc. (0001644771) (Subject)
N-2/A - RiverNorth Capital & Income Fund, Inc. (0001644771) (Filer)
8-K - RiverNorth Capital & Income Fund, Inc. (0001644771) (Filer)
N-CEN - RiverNorth Capital & Income Fund, Inc. (0001644771) (Filer)
N-CSR - RiverNorth Capital & Income Fund, Inc. (0001644771) (Filer)
8-K - RiverNorth Capital & Income Fund, Inc. (0001644771) (Filer)
N-23C-2 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Filer)
N-23C3A - RiverNorth Capital & Income Fund, Inc. (0001644771) (Filer)
N-PX - RiverNorth Capital & Income Fund, Inc. (0001644771) (Filer)
N-2 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Filer)
4 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
In accordance with the RiverNorth closed-end funds (the "Funds") level distribution policies, the Funds have declared distributions for October, November and December 2024, as detailed below. Ex Date Record Date Payable Date October 15, 2024 October 15, 2024 October 31, 2024 November 15, 2024 November 15, 2024 November 29, 2024 December 13, 2024 December 13, 2024 December 31, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 9/30/2024 Annualized Current Distribution Rate at NAV Market Price as of 9/30/2024 Annualized Current Distribution Rate at Market Inception to Date
As announced in a press release dated September 4, 2024 (the "Prior Announcement"), the Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the "Fund") (NYSE:RSF) has authorized the redemption of all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (the "Series A Preferred Stock") (NYSE:RMPL). The Prior Announcement had noted an anticipated redemption date of October 4, 2024; however, the Fund has determined that the redemption will occur on October 31, 2024 (the "Mandatory Redemption Date"). The Series A Preferred Stock redemption price is now estimated to be $25.31 per share of Series A Preferred Stock, which is equal to the liquidation preference
The Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the "Fund") (NYSE:RSF) has authorized the redemption of all 1,656,000 outstanding shares of its 5.875% Series A Term Preferred Stock (the "Series A Preferred Stock") (NYSE:RMPL). The anticipated redemption date is October 4, 2024 (the "Redemption Date"), but the redemption may be effected on a subsequent date no later than the mandatory redemption date of October 31, 2024, due to changes in market conditions or otherwise as determined by the Fund. The Series A Preferred Stock redemption price is estimated to be $25.20 per share of Series A Preferred Stock, which is equal to the liquidation preference of $25.00 per sha
In accordance with the RiverNorth closed-end funds (the "Funds") level distribution policies, the Funds have declared distributions for July, August and September 2024, as detailed below. Ex Date Record Date Payable Date July 15, 2024 July 15, 2024 July 31, 2024 August 15, 2024 August 15, 2024 August 30, 2024 September 13, 2024 September 13, 2024 September 30, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 6/28/2024 Annualized Current Distribution Rate at NAV Market Price as of 6/28/2024 Annualized Current Distri
RiverNorth Opportunities Fund, Inc., RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Capital and Income Fund, Inc. are each pleased to announce the declaration of preferred dividends for the second quarter of 2024, as detailed below. Ex Date Record Date Payable Date May 1, 2024 May 2, 2024 May 15, 2024 Fund Name Preferred Stock Series NYSE Distribution Per Share RiverNorth Opportunities Fund, Inc. 6.000% Series A Perpetual Preferred Stock RIVPRA $0.37500 RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. 4.375% Series A Cumulative Pr
In accordance with the RiverNorth closed-end funds (the "Funds") level distribution policies, the Funds have declared distributions for April, May and June 2024, as detailed below. Ex Date Record Date Payable Date April 12, 2024 April 15, 2024 April 30, 2024 May 14, 2024 May 15, 2024 May 31, 2024 June 14, 2024 June 14, 2024 June 28, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 3/28/2024 Annualized Current Distribution Rate at NAV Market Price as of 3/28/2024 Annualized Current Distribution Rate at Market
In accordance with the RiverNorth closed-end funds (the "Funds") level distribution policies, the distribution rates have been reset for the calendar year 2024, as detailed below. Further, the Funds have declared distributions for January, February, and March 2024. Ex Date Record Date Payable Date January 12, 2024 January 16, 2024 January 31, 2024 February 14, 2024 February 15, 2024 February 29, 2024 March 14, 2024 March 15, 2024 March 28, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Ass
SC 13G/A - RiverNorth Capital & Income Fund, Inc. (0001644771) (Subject)
SC 13G/A - RiverNorth Capital & Income Fund, Inc. (0001644771) (Subject)
SC 13G/A - RiverNorth Capital & Income Fund, Inc. (0001644771) (Subject)
SC 13G/A - RiverNorth Specialty Finance Corp (0001644771) (Subject)
SC 13G - RiverNorth Specialty Finance Corp (0001644771) (Subject)
SC 13G/A - RiverNorth Specialty Finance Corp (0001644771) (Subject)
SC 13G/A - RiverNorth Specialty Finance Corp (0001644771) (Subject)
SC 13G/A - RiverNorth Specialty Finance Corp (0001644771) (Subject)
4 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
4 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
4 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
4 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
4 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
3 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
4 - RiverNorth Capital & Income Fund, Inc. (0001644771) (Issuer)
3 - RiverNorth Specialty Finance Corp (0001644771) (Issuer)
Thursday marks the last chance for investors to receive the next dividend payout from RiverNorth Capital (NYSE:RSF). What's Happening The company announced on Tuesday that it would pay shareholders a monthly dividend of 13.98 cents per share. On Friday, RiverNorth Capital will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 13.98 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own RSF as of the end of Thursday's session are eligible to receive the 13.98 cent
On Wednesday, 479 stocks made new 52-week lows. Things to Consider About Today's 52-Week Lows: Bank of America (NYSE:BAC) was the largest firm by market cap to set a new 52-week low. Jaguar Health (NASDAQ:JAGX) was the smallest company when considering market cap to set a new 52-week low. Bellicum Pharmaceuticals (NASDAQ:BLCM) shares traded down 47.66% to reach its 52-week low, making it the biggest loser. Tyson Foods (NYSE:TSN) saw the sharpest rebound, as shares ascended 0.0%, reversing after hiting a new 52-week low. Stocks that set new 52-week lows on Wednesday are as follows: Bank of America (NYSE:BAC) stock achieved a new 52-week low on Wednesday morning, hitting $27.68
OnThursday, 28 stocks made new 52-week lows. Interesting Facts About Today's 52-Week Lows: Dominion Energy (NYSE:D) was the largest firm by market cap to set a new 52-week low. The smallest company by market cap to hit a new 52-week low was Mobiquity Technologies (NASDAQ:MOBQ). Atlis Motor Vehicles (NASDAQ:AMV) made the largest move down on the session, with shares plummeting 35.88% to reach its 52-week low. Tellurian (AMEX:TELL)'s stock showed potential to rebound, rebounding up 0.33% after reaching a new 52-week low. The following stocks set new 52-week lows on Thursday: Liberty SiriusXM Gr (NASDAQ:LSXMA) stock drifted down 1.76% on Thursday morning to hit a new 52-week low
On Monday, 13 companies set new 52-week lows. Noteable 52-Week Lows: Centene (NYSE:CNC) was the largest, in terms of market cap, to set a new 52-week low. The smallest company in terms of market cap to set a new 52-week low was WiSA Technologies (NASDAQ:WISA). Alset (NASDAQ:AEI) saw the most significant move of the companies, as shares traded down 33.23% to reach its new 52-week low. Kinetik Holdings (NYSE:KNTK) shares actually gained 0.1%, rebounding after it reached its 52-week low. On Monday, the following stocks set new 52-week lows: Centene (NYSE:CNC) stock drifted down 0.39% on Monday morning to hit a new 52-week low of $70.65. Sirius XM Holdings (NASDAQ:SIRI) shares ma
On Thursday, 63 companies set new 52-week lows. Points of Interest From Today's 52-Week Lows: Palo Alto Networks (NASDAQ:PANW) was the largest company by market cap to set a new 52-week low. The company with the smallest market cap to set a new 52-week low was Novo Integrated Sciences (NASDAQ:NVOS). Silvergate Capital (NYSE:SI) was the biggest loser of the morning session, as it dropped 45.88% to reach its new 52-week low. Crescent Energy (NYSE:CRGY) shares were the most resilient, as shares rose 0.0%, rebounding from its new 52-week low. On Thursday, the following stocks set new 52-week lows: Palo Alto Networks (NASDAQ:PANW) shares were down 2.69% for the day, having made a 5
RiverNorth Specialty Finance Corporation (the "Fund") today announced that effective on or about December 7, 2022 the Fund's name will be changed to RiverNorth Capital and Income Fund. The Fund's investment strategy and objective will remain the same. Further, the Fund's common shares will continue to trade under its existing New York Stock Exchange ("NYSE") symbol "RSF". The Fund's preferred shares will continue to trade under the NYSE symbol "RMPL", and CUSIP numbers for RSF and RMPL will not change.
During Monday's session, 101 companies made new 52-week lows. Noteable 52-Week Lows: Kroger (NYSE:KR) was the largest firm by market cap to set a new 52-week low. SenesTech (NASDAQ:SNES) was the smallest company when considering market cap to set a new 52-week low. Missfresh (NASDAQ:MF) saw the largest move of the companies, as shares plummetted 2550.33% to hit a new 52-week low. Nuveen New York Quality (NYSE:NAN)'s stock made the biggest reversal, trading up 0.0% shortly after dropping to a new 52-week low. During Monday, the following stocks broke to new 52-week lows: Fox (NASDAQ:FOXA) shares hit a yearly low of $28.66. The stock was down 7.77% on the session. Lufax Holding
On Wednesday, 807 companies reached new 52-week lows. Things to Consider About Today's 52-Week Lows: Amazon.com (NASDAQ:AMZN) was the largest company by market cap to set a new 52-week low. Games & Esports (NASDAQ:GEEXW) was the smallest company by market cap to set a new 52-week low. View (NASDAQ:VIEW)'s stock made the biggest move downwards, diving 59.15% to reach a new 52-week low. N-able (NYSE:NABL) saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low. The following stocks created new 52-week lows on Wednesday: Home Depot (NYSE:HD) shares hit a yearly low of $286.25. The stock was down 0.49% on the session. Starbucks (NASDAQ