RiverNorth Opportunities Fund, Inc. Declares Monthly Distributions, Payable on February 28, 2018, March 29, 2018 and April 26, 2018 Respectively
January 25, 2018 at 04:30 pm EST
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RiverNorth Opportunities Fund, Inc. announced the declaration of monthly distributions of $0.21 per common share, payable on February 28, 2018, March 29, 2018 and April 26, 2018 respectively. Record Date is February 16, 2018, March 16, 2018 and April 13, 2018 respectively and ex date is February 15, 2018, March 15, 2018 and April 12, 2018 respectively.
RiverNorth Opportunities Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is total return consisting of capital appreciation and current income. The Fund seeks to achieve its investment objective by pursuing a tactical asset allocation strategy and opportunistically investing under normal circumstances in closed-end funds, exchange-traded funds (ETFs), business development companies (BDCs) and special purpose acquisition companies (SPACs). The Fund intends to maintain long positions in underlying Funds but may engage in short sales for investment purposes. ALPS Advisors, Inc. (AAI) serves as the Fundâs investment adviser. RiverNorth Capital Management, LLC (RiverNorth) is the investment sub-adviser of the Fund.