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Name

As of 04/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

RiverNorth Opportunities Fund, Inc.

XRIVX | Fund

$12.23

$247 M

0.00%

1.91%

Vitals

YTD Return

-1.4%

1 yr return

-0.1%

3 Yr Avg Return

-10.4%

5 Yr Avg Return

-6.6%

Net Assets

$247 M

Holdings in Top 10

40.2%

52 WEEK LOW AND HIGH

$12.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.91%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 190.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 04/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

RiverNorth Opportunities Fund, Inc.

XRIVX | Fund

$12.23

$247 M

0.00%

1.91%

XRIVX - Profile

Distributions

  • YTD Total Return -1.4%
  • 3 Yr Annualized Total Return -10.4%
  • 5 Yr Annualized Total Return -6.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.33%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    RiverNorth Opportunities Fund, Inc.
  • Fund Family Name
    Rivernorth Capital Management, LLC
  • Inception Date
    Dec 28, 2015
  • Shares Outstanding
    17693323
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Patrick Galley

Fund Description

XRIVX - Performance

Return Ranking - Trailing

Period XRIVX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.4% -4.2% 13.1% 90.54%
1 Yr -0.1% -7.3% 59.4% 94.57%
3 Yr -10.4%* -23.9% 8.8% 96.36%
5 Yr -6.6%* -11.8% 16.7% 98.53%
10 Yr N/A* -4.8% 9.5% N/A

* Annualized

Return Ranking - Calendar

Period XRIVX Return Category Return Low Category Return High Rank in Category (%)
2023 1.1% -18.9% 60.2% 86.94%
2022 -24.7% -48.5% 0.1% 91.44%
2021 0.7% -19.0% 48.3% 66.06%
2020 -5.2% -16.5% 52.8% 94.29%
2019 5.1% -8.5% 27.3% 81.95%

Total Return Ranking - Trailing

Period XRIVX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.4% -4.2% 13.1% 90.54%
1 Yr -0.1% -7.3% 59.4% 94.57%
3 Yr -10.4%* -23.9% 8.8% 96.36%
5 Yr -6.6%* -11.8% 16.7% 98.53%
10 Yr N/A* -4.8% 9.5% N/A

* Annualized

Total Return Ranking - Calendar

Period XRIVX Return Category Return Low Category Return High Rank in Category (%)
2023 1.1% -11.7% 61.8% 91.44%
2022 -24.7% -48.5% 4.6% 95.05%
2021 0.7% -14.2% 48.3% 90.05%
2020 -5.2% -11.7% 77.4% 96.19%
2019 11.4% -3.9% 30.2% 71.71%

NAV & Total Return History

XRIVX - Holdings

Concentration Analysis

XRIVX Category Low Category High XRIVX % Rank
Net Assets 247 M 1.98 M 13.3 B 46.43%
Number of Holdings 601 2 1954 9.38%
Net Assets in Top 10 89.5 M 1.16 M 10.4 B 54.91%
Weighting of Top 10 40.23% 0.4% 149.2% 80.36%

Top 10 Holdings

  1. Voya Prime Rate Trust 7.09%
  2. BlackRock Capital Allocation Trust Ordin 6.44%
  3. Pershing Sq Hldgs 5.92%
  4. Barings BDC Inc 4.64%
  5. Saba Capital Income & Opportunities Fund 4.13%
  6. First Trust Senior FR 2022 Target Term 4.12%
  7. Nuveen MI Quality Muni Inc 3.84%
  8. MS Emerging Markets Domestic 3.84%
  9. BlackRock Innovation and Growth Trust 3.77%
  10. PGIM Global High Yield Fund, Inc. 3.68%

Asset Allocation

Weighting Return Low Return High XRIVX % Rank
Stocks 		53.89% 0.00% 137.56% 73.21%
Bonds 		30.69% 0.00% 106.59% 24.55%
Other 		7.75% -29.71% 128.17% 2.68%
Preferred Stocks 		5.36% 0.00% 5.36% 0.45%
Convertible Bonds 		3.11% 0.00% 8.92% 2.23%
Cash 		-0.80% -33.22% 99.05% 98.66%

Stock Sector Breakdown

Weighting Return Low Return High XRIVX % Rank
Financial Services 		73.45% 0.00% 98.22% 1.05%
Technology 		6.28% 0.00% 85.77% 83.68%
Energy 		5.85% 0.00% 60.89% 46.84%
Consumer Cyclical 		3.49% 0.00% 25.83% 77.37%
Healthcare 		3.35% 0.00% 38.63% 84.74%
Industrials 		2.61% 0.00% 23.85% 84.74%
Communication Services 		1.50% 0.00% 21.61% 74.21%
Basic Materials 		0.94% 0.00% 56.73% 86.84%
Consumer Defense 		0.89% 0.00% 37.51% 89.47%
Real Estate 		0.86% 0.00% 99.45% 76.32%
Utilities 		0.77% 0.00% 91.12% 83.16%

Stock Geographic Breakdown

Weighting Return Low Return High XRIVX % Rank
US 		40.40% 0.00% 137.56% 77.23%
Non US 		13.49% -1.94% 41.50% 12.50%

Bond Sector Breakdown

Weighting Return Low Return High XRIVX % Rank
Corporate 		40.89% 0.00% 98.28% 8.04%
Cash & Equivalents 		25.36% 0.00% 72.84% 17.41%
Municipal 		14.43% 0.00% 19.13% 0.89%
Government 		12.92% 0.00% 99.78% 68.75%
Securitized 		3.71% 0.00% 52.99% 34.38%
Derivative 		2.68% -14.68% 128.17% 8.48%

Bond Geographic Breakdown

Weighting Return Low Return High XRIVX % Rank
US 		22.01% 0.00% 92.67% 23.66%
Non US 		8.68% 0.00% 27.25% 8.93%

XRIVX - Expenses

Operational Fees

XRIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.91% 0.49% 10.24% 40.18%
Management Fee 1.00% 0.00% 1.50% 71.43%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.70% N/A

Sales Fees

XRIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

XRIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XRIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 190.00% 1.75% 441.00% 73.48%

XRIVX - Distributions

Dividend Yield Analysis

XRIVX Category Low Category High XRIVX % Rank
Dividend Yield 0.00% 0.00% 25.13% 87.95%

Dividend Distribution Analysis

XRIVX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Quarterly

Net Income Ratio Analysis

XRIVX Category Low Category High XRIVX % Rank
Net Income Ratio 2.33% -2.01% 13.72% 13.39%

Capital Gain Distribution Analysis

XRIVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XRIVX - Fund Manager Analysis

Managers

Patrick Galley

Start Date

Tenure

Tenure Rank

Dec 23, 2015

6.44

6.4%

Patrick joined RiverNorth in 2004 and serves as Chief Investment Officer and Portfolio Manager. Patrick heads the firm's investment team and oversees all portfolio management activities at RiverNorth. Patrick also serves as the President and Chairman of RiverNorth Funds. Prior to joining RiverNorth, Patrick was Vice President at Bank of America in the Global Investment Bank's Portfolio Management group where he specialized in analyzing and structuring corporate transactions for investment management firms in addition to closed-end and open-end funds, hedge funds, fund of funds, structured investment vehicles and insurance/reinsurance companies. Patrick graduated with honors from Rochester Institute of Technology with a B.S. in Finance. He is a CFA Charterholder and member of the CFA Institute and the CFA Society of Chicago.

Stephen O'Neill

Start Date

Tenure

Tenure Rank

Dec 23, 2015

6.44

6.4%

Steve joined RiverNorth in 2007 and serves as Portfolio Manager. Steve co-manages the firm's closed-end fund trading strategies and helps to oversee the firm's closed-end fund investment analysts. Prior to joining RiverNorth, Steve was Assistant Vice President at Bank of America in the Global Investment Bank's Portfolio Management group where he specialized in the corporate real estate, asset management and structured finance industries. Steve graduated Magna Cum Laude from Miami University of Ohio with a B.S. in Finance and a minor in Economics. He is a CFA Charterholder and member of the CFA Institute and the CFA Society of Chicago.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 33.83 6.65 13.0

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