RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer
RiverNorth Capital and Income Fund, Inc. (the “Fund”) (
NYSERSF), 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 January 2, 2025.
RiverNorth Closed-End Funds Declare Monthly Distributions
In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the reset distribution rates have been proposed for the calendar year 2025, as detailed below. Further, the Funds have established the distribution dates for January, February, and March 2025. The payment of the distributions are subject to Board approval.
RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer
RiverNorth Capital and Income Fund, Inc. (the “Fund”) (
NYSERSF), 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.
RiverNorth Closed-End Funds Declare Monthly Distributions
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.
Update: RiverNorth Capital and Income Fund, Inc. to Redeem Its Outstanding 5.875% Series A Term Preferred Stock
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”) (
NYSERSF) 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: RMPLNYSERMPL)
RiverNorth Capital and Income Fund, Inc. to Redeem Its Outstanding 5.875% Series A Term Preferred Stock
The Board of Directors of the RiverNorth Capital and Income Fund, Inc. (the “Fund”) (
NYSERSF) 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: RMPLNYSERMPL)
RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer
RiverNorth Capital and Income Fund, Inc. (the “Fund”) (
NYSERSF), 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.
RiverNorth Closed-End Funds Declare Monthly Distributions
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.
RiverNorth Capital and Income Fund, Inc. Announces Final Results of Non-Transferable Rights Offering
RiverNorth Capital and Income Fund, Inc. (
NYSERSF) (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.
RiverNorth Opportunities Fund, Inc., RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Capital and Income Fund, Inc. Announce Preferred Dividends
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.
RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer
RiverNorth Capital and Income Fund, Inc. (the “Fund”) (
NYSERSF), 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.
RiverNorth Closed-End Funds Declare Monthly Distributions
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.
Update: RiverNorth Capital and Income Fund, Inc. Non-Transferable Rights Offering
RiverNorth Capital and Income Fund, Inc. (
NYSERSF) (the “Fund”), an exchange-listed interval fund, has filed the prospectus supplement governing the terms of its previously announced non-transferable rights offering. You can find a copy of the prospectus supplement here: XBRL Viewer (sec.gov).
RiverNorth Capital and Income Fund, Inc. Announces Non-Transferable Rights Offering
RiverNorth Capital and Income Fund, Inc. (
NYSERSF) (the “Fund”) announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund’s stockholders of rights to purchase additional shares of common stock of the Fund.
RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer
RiverNorth Capital and Income Fund, Inc. (the “Fund”) (
NYSERSF), 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 January 3, 2024.
RiverNorth Closed-End Funds Declare Monthly Distributions
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.
RiverNorth Capital and Income Fund, Inc.* Announces Final Results of Repurchase Offer
RiverNorth Capital and Income Fund, Inc. (the “Fund”) (
NYSERSF), 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 4, 2023.
RiverNorth Closed-End Funds Declare Monthly Distributions
The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for October, November and December 2023 in accordance with each Fund’s level distribution policy. Details below.
RiverNorth Capital and Income Fund, Inc.* Announces Final Results of Repurchase Offer
RiverNorth Capital and Income Fund, Inc. (the “Fund”) (
NYSERSF), 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 5, 2023.
RiverNorth Closed-End Funds Declare Monthly Distributions
The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for July, August and September 2023 in accordance with each Fund’s level distribution policy. Details below.
RiverNorth Capital and Income Fund, Inc.* Announces Final Results of Repurchase Offer
RiverNorth Capital and Income Fund, Inc. (the “Fund”) (
NYSERSF), 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 5, 2023.
RiverNorth Closed-End Funds Declare Monthly Distributions and RiverNorth Flexible Municipal Income Fund, Inc. Declares Capital Gain Distribution
The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for April, May and June 2023 in accordance with each Fund’s level distribution policy. In addition, the RiverNorth Flexible Municipal Income Fund, Inc. has declared a capital gain distribution. Details below.
RiverNorth Capital and Income Fund, Inc.* Announces Final Results of Rights Offering
RiverNorth Capital and Income Fund, Inc. (
NYSERSF) (the “Fund”) today announced the final results of its transferable rights offering (the “Offering”). The Fund will issue a total of 1,047,000 new shares of common stock as a result of the Offering, which closed on January 27, 2023 (the “Expiration Date”).
RiverNorth Capital and Income Fund, Inc.* Announces Preliminary Results of Rights Offering
RiverNorth Capital and Income Fund, Inc. (
NYSERSF) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offering”) that expired on January 27, 2023 (the “Expiration Date”). In the Offering, the Fund received subscription requests for 1,625,445 shares of common stock from rights holders. Accordingly, the Fund expects to issue 1,047,000 new shares of common stock for these subscriptions, pending the receipt of payment for “delivery-guaranteed” subscriptions, on or about January 31, 2023. Gross proceeds from the Offering are expected to total approximately $16.6 million, before expenses.
RiverNorth Capital and Income Fund, Inc.* Announces Final Results of Repurchase Offer
RiverNorth Capital and Income Fund, Inc. (the “Fund”) (
NYSERSF), 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 January 4, 2023.
