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RSF / RSF: Share Repurchases Trying To Dent The Discount

RSF: Share Repurchases Trying To Dent The Discount
RiverNorth Capital and Income Fund is a small fixed income closed-end fund with $60 million in assets, a high leverage ratio of 40%, and a diverse portfolio. The fund is pro-cyclical and has been trading at a wide discount to NAV due to increasing odds of a recession and bankruptcy rates. Despite efforts to address the discount through share repurchases, the fund's leverage and pro-cyclical nature could lead to further widenings. Read More
Posted: Jul 11 2023, 21:04
Author Name: Seeking Alpha
Views: 102236

RSF News  

RSF says killing of Reuters journalist in Lebanon a targeted strike

By Reuters
October 29, 2023

RSF says killing of Reuters journalist in Lebanon a targeted strike

Reporters Without Borders (RSF) said on Sunday that the killing of Reuters visuals journalist Issam Abdallah in Lebanon on Oct. 13 was the result of a more_horizontal

RSF: Share Repurchases Trying To Dent The Discount

By Seeking Alpha
July 11, 2023

RSF: Share Repurchases Trying To Dent The Discount

RiverNorth Capital and Income Fund is a small fixed income closed-end fund with $60 million in assets, a high leverage ratio of 40%, and a diverse por more_horizontal

RSF: Rights Offering Results

By Seeking Alpha
February 14, 2023

RSF: Rights Offering Results

RSF announced the results of its rights offering. The offering was oversubscribed, allowing RSF to expand its share count by +33%. more_horizontal

RSF: New Name, Same Fund

By Seeking Alpha
December 15, 2022

RSF: New Name, Same Fund

RSF had a recent name change but remained the same fund with the same objective and investment strategy. The fund continues to trade near parity with more_horizontal

RiverNorth Specialty Finance Corporation Announces Final Results of Repurchase Offer

By Business Wire
October 7, 2021

RiverNorth Specialty Finance Corporation Announces Final Results of Repurchase Offer

CHICAGO--(BUSINESS WIRE)--RiverNorth Specialty Finance Corporation (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its more_horizontal

RiverNorth Specialty Finance Corporation Announces Final Results of Repurchase Offer

By Business Wire
October 7, 2021

RiverNorth Specialty Finance Corporation Announces Final Results of Repurchase Offer

CHICAGO--(BUSINESS WIRE)--RiverNorth Specialty Finance Corporation (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its more_horizontal

RiverNorth Specialty Finance Corporation Announces Final Results of Repurchase Offer

By Business Wire
October 7, 2021

RiverNorth Specialty Finance Corporation Announces Final Results of Repurchase Offer

CHICAGO--(BUSINESS WIRE)--RiverNorth Specialty Finance Corporation (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its more_horizontal


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