NYSE : RIV

RiverNorth Opportunities Fund, Inc.

$11.35 USD

-$0.18 (-1.56%)

Volume
140.14K
Average Volume
71.25K
Market Capitalization
$246.28M
P/E Ratio
6.01
Dividend Yield
13.65%
Price Target
Year High
$12.36
Year Low
$10.93
Day High
Day Low
Payout Ratio
$0.35
Current Ratio
$2.73
Source Headline
RIV: 13%+ Dividend Yield In Common, But The Preferred Stock Is The Smarter Choice

RiverNorth Opportunities Fund Inc. manages $324M in net assets with a diversified portfolio spanning SPACs, US equity, bonds, and BDCs. RIV trades at a 4% discount to NAV, near its 5-year average, and sits at one of its lowest historical points. The fund's 5-year NAV total return is 6.25%, underperforming its peer group, with moderate correlation to broad allocation ETFs.

seekingalpha.com - 2026-07-13 15:53:32

RIV: A Good Diversifier For A Portfolio

The RiverNorth Opportunities Fund offers a 13.48% yield by tactically allocating to closed-end funds, SPACs, BDCs, and ETFs. RIV's largest allocation is to special purpose acquisition companies, introducing both diversification benefits and elevated risk for income-focused investors. Distribution coverage relies partly on unrealized gains, making sustainability dependent on continued market strength and successful capital gains realization.

seekingalpha.com - 2026-07-11 01:07:13

RiverNorth's Series A Preferred: Capital Gains Potential Meets A 6.7% Yield

RiverNorth Opportunities Fund Series A Preferred Shares (RIV.PR.A) offer a 6.7% yield at historic low prices, presenting an attractive entry point. RIV.PR.A's price is highly correlated with long-term rates, providing capital gain potential if rates decline or the yield curve shifts lower. The preferred shares benefit from robust 1940 Act regulatory protections, including asset coverage covenants that limit downside risk during severe market stress.

seekingalpha.com - 2026-07-07 09:36:56

Stable Income In Uncertain Times: The Hidden Opportunity In RIV And RIV.PR.A

RiverNorth Opportunities Fund offers diversified exposure via CEFs, SPACs, and BDCs with a tactical asset allocation strategy. RIV currently trades at a 3.7% discount, with 3-year annualized NAV returns near 12% and a 24.1% leverage ratio. RIV.PR.A preferred stock provides a 6.59% yield, an A1 Moody's rating, and regulatory protection, making it appealing for conservative investors.

seekingalpha.com - 2026-04-26 09:51:58

Get RIV Insider Trade Alerts

RIV Price Target Summary

Last Month

0 analysts

Last Quarter

0 analysts

Last Year

0 analysts

All Time

0 analysts

RIV Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade