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Stock impact report

RIV: Fund Of Funds With An Appealing Distribution Yield [Seeking Alpha]

RiverNorth Opportunities Fund, Inc. (RIV) 
NASDAQ:AMEX Investor Relations: rivernorthcef.com
Company Research Source: Seeking Alpha
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. Given higher fees and underperformance versus alternatives, I rate RIV as Hold, suggesting investors consider peer funds with stronger track records and lower costs. EschCollection/DigitalVision via Getty Images The RiverNorth Opportunities Fund ( RIV ) is a closed-end fund designed to enhance distribution income for investors by investing in closed-end funds, exchange-traded funds, special purpose acquisition companies [SPACs], and business development companies [BDCs]. The strategy has a forward distribution rate This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no pl Show less Read more
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