Rivernorth Capital Management, LLC
RiverNorth Capital Management, LLC is a specialized asset manager headquartered in West Palm Beach, Florida. Founded in 2000, the firm focuses on differentiated investment strategies primarily in closed-end funds, alternative assets, and opportunistic credit. With around 19 employees, RiverNorth serves institutional and individual investors seeking distinctive portfolio solutions.
Investment Strategy
RiverNorth Capital Management pursues opportunistic and differentiated investment strategies, with a particular emphasis on closed-end fund arbitrage, municipal and credit strategies, and alternative investments. The firm employs a combination of fundamental analysis and quantitative approaches, seeking to capture inefficiencies in various segments of the public and private markets, and generate alpha primarily through active management and tactical asset allocation.
Top Holdings
Equity Positions (214)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NAD | NUVEEN QUALITY MUNCP INCOME | 2.60% | $47.1M | 4,171,418 | $12.26 | $11.29 | -$27.1M |
M MHD | BLACKROCK MUNIHOLDINGS FD IN | 2.55% | $46.2M | 4,123,858 | $12.30 | $11.20 | -$1.2M |
N NUV | NUVEEN MUN VALUE FD INC | 2.55% | $46.2M | 5,314,276 | $8.75 | $8.69 | -$21.7M |
M MYD | BLACKROCK MUNIYIELD FD INC | 2.54% | $45.9M | 4,572,204 | $10.87 | $10.04 | -$2.0M |
M MMU | WESTERN ASSET MANAGED MUNS F | 2.44% | $44.2M | 4,460,981 | $10.77 | $9.90 | -$5.2M |