No insider purchase over the last 90 days. The latest was filed 27 Oct 2023.
This page follows insider dealings at Rivernorth Opportunities Fund, Inc. as filed with SEC (Form 4), a company from the Finance & Banking sector. 4 insiders have disclosed 4 filings since 18 October 2025.
No open-market purchase or sale appears among the filings, only grants, plan transactions and other operations. Compensation-driven entries like these are tracked, but they say little about how insiders judge the share price.
With 4 filings in twelve months, the company is quieter than the median of 19 filings across the 5,808 companies we follow on the same exchange. Looking back to 2016, when coverage begins, insiders filed 9 purchases and 3 sales.
There has been no open-market purchase by an insider of Rivernorth Opportunities Fund, Inc. for at least a year. Filings reach the SEC (Form 4) feed a median of 11 days after the trade. For comparison, the SEC allows two business days to file a Form 4.
For comparison within the same sector, see the insider buying recorded at First Guaranty Bancshares, Inc. and Avidia Bancorp, Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended June 2026 · cache
25 of 34 declarations
RiverNorth Opportunities Fund, Inc. is a U.S.-domiciled closed-end investment company listed on the NYSE in the United States under the ticker RIV; its preferred share series trades separately as RIV-PA / RIVPRA in market references. For French-speaking investors, this is not an operating company in the industrial sense but a publicly traded fund vehicle managed with an active, opportunistic mandate. Its stated objective is total return through a combination of capital appreciation and current income, which places it firmly in the finance and asset-management universe and supports a Finance & Banque classification.
The fund was formed in 2015 and is advised by RiverNorth Capital Management, LLC. RiverNorth’s operating base is in West Palm Beach, Florida. The strategy is tactical and multi-asset, but with a clear emphasis on inefficiencies in the closed-end fund market. According to the fund’s own materials, the portfolio is primarily built around closed-end funds, exchange-traded funds, special purpose acquisition companies, and business development companies. RiverNorth also indicates that it may use leverage opportunistically when it believes dislocations create attractive entry points. This makes the fund meaningfully different from a conventional equity or bond fund: performance depends not only on the underlying holdings, but also on the market-price-versus-NAV relationship that is central to closed-end fund investing.
From a competitive standpoint, RiverNorth occupies a specialist niche rather than competing as a broad, mass-market asset manager. Its edge is in seeking alpha where market structure and pricing inefficiencies can be exploited, especially in less efficiently covered segments of the public fund universe. The portfolio is diversified across income-oriented and opportunistic strategies, including equity income, municipal bond, credit, and alternative-style exposures through underlying funds. That diversified sleeve structure can make the vehicle attractive to investors seeking monthly or periodic income as well as capital appreciation potential.
Recent developments have included preferred-share dividend announcements in 2026 and earlier rights-offering activity, underscoring the fund’s ability to access capital and manage its balance sheet structure. The latest portfolio disclosures show heavy exposure to U.S.-listed closed-end funds, alongside some international positions, including U.K.-listed exposure. In practical terms, RiverNorth Opportunities Fund represents a U.S. listed, income-oriented, actively managed closed-end fund platform with a specialized market niche, a West Palm Beach management base, and a portfolio designed to exploit pricing dislocations in the closed-end fund space.
Purchases our model currently ranks for the recommendations list.
All recommendations