RIV / RIV: This 13.73%-Yielding CEF Has Unique Qualities, But Be Careful Of Leverage

RIV is a "fund of funds," meaning it invests in other closed-end funds (CEFs), business development company (BDC) debt, exchange-traded funds (ETFs), more_horizontal

High inflation is a major problem in the U.S., pushing up the cost of living and putting pressure on household budgets. Investors can earn income by p more_horizontal

Investors are desperate for new sources of income to maintain their lifestyles in the face of a rapidly-rising cost of living. RIV invests in SPACs, B more_horizontal

RIV invests in a portfolio of CEFs, BDCs, and other very high-yielding assets to try and give investors an outsized yield. The fund's mix of bonds and more_horizontal

The RIV fund tactically invests in CEFs and other funds to exploit inefficiencies. RIV has been relatively successful, with 5Yr average annual total r more_horizontal

RiverNorth Opportunities Fund, Inc. is fairly unique among closed-end funds as it invests primarily in SPACs, BDCs, and other funds. The fund is reaso more_horizontal

I like to put money in closed-end funds from time-to-time. RiverNorth Opportunities is a popular closed-end fund because it performs well. more_horizontal

RIV's premium continues to push higher despite the rocky year for most investments. The yield on this fund has also been increasing even though the pr more_horizontal