{"id":767602,"date":"2023-07-03T16:55:24","date_gmt":"2023-07-03T20:55:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/"},"modified":"2023-07-03T16:55:24","modified_gmt":"2023-07-03T20:55:24","slug":"rivernorth-closed-end-funds-declare-monthly-distributions-10","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/","title":{"rendered":"RiverNorth Closed-End Funds Declare Monthly Distributions"},"content":{"rendered":"

<\/p>\n

RiverNorth Closed-End Funds Declare Monthly Distributions<\/b><\/p>\n

WEST PALM BEACH, Fla.–(BUSINESS WIRE<\/a>)–
\nThe RiverNorth closed-end funds (the \u201cFunds\u201d) have declared monthly distributions for July, August and September 2023 in accordance with each Fund\u2019s level distribution policy. Details below.<\/p>\n\n\n\n\n\n
\n

Ex Date<\/b><\/p>\n<\/td>\n

\n\n\n\n

Record Date<\/b><\/p>\n<\/td>\n

\n\n\n\n

Payable Date<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nJuly 13, 2023<\/p>\n<\/td>\n

\n\n\n\n

\nJuly 14, 2023<\/p>\n<\/td>\n

\n\n\n\n

\nJuly 31, 2023<\/p>\n<\/td>\n<\/tr>\n

\n

\nAugust 14, 2023<\/p>\n<\/td>\n

\n\n\n\n

\nAugust 15, 2023<\/p>\n<\/td>\n

\n\n\n\n

\nAugust 31, 2023<\/p>\n<\/td>\n<\/tr>\n

\n

\nSeptember 14, 2023<\/p>\n<\/td>\n

\n\n\n\n

\nSeptember 15, 2023<\/p>\n<\/td>\n

\n\n\n\n

\nSeptember 29, 2023<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

Tax-Exempt Distributions<\/b>1<\/sup><\/p>\n\n\n\n\n\n\n\n
\n

Fund Name<\/b><\/p>\n<\/td>\n

\n

Ticker<\/b><\/p>\n<\/td>\n

\n

Distribution
\n
Per Share<\/b><\/p>\n<\/td>\n

\n

Change
\n
From Prior
\n
Distribution<\/b><\/p>\n<\/td>\n

\n

Net Asset
\n
Value (NAV)
\n
as of
\n
6\/30\/2023<\/b><\/p>\n<\/td>\n

\n

Annualized
\n
Current
\n
Distribution
\n
Rate at NAV<\/b><\/p>\n<\/td>\n

\n

Market Price
\n
as of
\n
6\/30\/2023<\/b><\/p>\n<\/td>\n

\n

Annualized
\n
Current
\n
Distribution
\n
Rate at
\n
Market<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth Opportunistic Municipal Income Fund, Inc.1,2<\/sup><\/b><\/p>\n<\/td>\n

\n

\nRMI<\/p>\n<\/td>\n

\n

\n$0.0974<\/p>\n<\/td>\n

\n

\n—<\/p>\n<\/td>\n

\n

\n$17.15<\/p>\n<\/td>\n

\n

\n6.82%<\/p>\n<\/td>\n

\n

\n$16.37<\/p>\n<\/td>\n

\n

\n7.14%<\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth Managed Duration Municipal Income Fund, Inc.1,2<\/sup><\/b><\/p>\n<\/td>\n

\n

\nRMM<\/p>\n<\/td>\n

\n

\n$0.0911<\/p>\n<\/td>\n

\n

\n—<\/p>\n<\/td>\n

\n

\n$16.28<\/p>\n<\/td>\n

\n

\n6.71%<\/p>\n<\/td>\n

\n

\n$15.14<\/p>\n<\/td>\n

\n

\n7.22%<\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth Flexible Municipal Income Fund, Inc.1,2<\/sup><\/b><\/p>\n<\/td>\n

\n

\nRFM<\/p>\n<\/td>\n

\n

\n$0.0985<\/p>\n<\/td>\n

\n

\n—<\/p>\n<\/td>\n

\n

\n$17.05<\/p>\n<\/td>\n

\n

\n6.93%<\/p>\n<\/td>\n

\n

\n$15.90<\/p>\n<\/td>\n

\n

\n7.43%<\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth Flexible Municipal Income Fund II, Inc.1,2<\/sup><\/b><\/p>\n<\/td>\n

\n

\nRFMZ<\/p>\n<\/td>\n

\n

\n$0.0865<\/p>\n<\/td>\n

\n

\n—<\/p>\n<\/td>\n

\n

\n$15.34<\/p>\n<\/td>\n

\n

\n6.77%<\/p>\n<\/td>\n

\n

\n$14.38<\/p>\n<\/td>\n

\n

\n7.22%<\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth Managed Duration Municipal Income Fund II, Inc.1,2<\/sup><\/b><\/p>\n<\/td>\n

\n

\nRMMZ<\/p>\n<\/td>\n

\n

\n$0.0971<\/p>\n<\/td>\n

\n

\n—<\/p>\n<\/td>\n

\n

\n$17.24<\/p>\n<\/td>\n

\n

\n6.76%<\/p>\n<\/td>\n

\n

\n$16.04<\/p>\n<\/td>\n

\n

\n7.26%<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

Taxable Distributions<\/b><\/p>\n\n\n\n\n\n\n\n\n
\n

Fund Name<\/b><\/p>\n<\/td>\n

\n

Ticker<\/b><\/p>\n<\/td>\n

\n

Distribution
\n
Per Share<\/b><\/p>\n<\/td>\n

\n

Change
\n
From Prior
\n
Distribution<\/b><\/p>\n<\/td>\n

\n

Net Asset
\n
Value (NAV)
\n
as of
\n
6\/30\/2023<\/b><\/p>\n<\/td>\n

\n

Annualized
\n
Current
\n
Distribution
\n
Rate at NAV<\/b><\/p>\n<\/td>\n

\n

Market Price
\n
as of
\n
6\/30\/2023<\/b><\/p>\n<\/td>\n

\n

Annualized
\n
Current
\n
Distribution
\n
Rate at
\n
Market<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth Opportunities <\/b>Fund, Inc.3<\/sup><\/b><\/p>\n<\/td>\n

\n

\nRIV<\/p>\n<\/td>\n

\n

\n$0.1278<\/p>\n<\/td>\n

\n

\n—<\/p>\n<\/td>\n

\n

\n$12.22<\/p>\n<\/td>\n

\n

\n12.55%<\/p>\n<\/td>\n

\n

\n$11.44<\/p>\n<\/td>\n

\n

\n13.41%<\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth Capital and Income Fund, Inc.4<\/sup>*<\/b><\/p>\n<\/td>\n

\n

\nRSF<\/p>\n<\/td>\n

\n

\n$0.1424<\/p>\n<\/td>\n

\n

\n—<\/p>\n<\/td>\n

\n

\n$16.67<\/p>\n<\/td>\n

\n

\n10.25%<\/p>\n<\/td>\n

\n

\n$15.42<\/p>\n<\/td>\n

\n

\n11.08%<\/p>\n<\/td>\n<\/tr>\n

\n

RiverNorth\/DoubleLine Strategic Opportunity Fund, Inc.5<\/sup><\/b><\/p>\n<\/td>\n

\n

\nOPP<\/p>\n<\/td>\n

\n

\n$0.1021<\/p>\n<\/td>\n

\n

\n—<\/p>\n<\/td>\n

\n

\n$9.61<\/p>\n<\/td>\n

\n

\n12.75%<\/p>\n<\/td>\n

\n

\n$8.54<\/p>\n<\/td>\n

\n

\n14.35%<\/p>\n<\/td>\n<\/tr>\n

\n

* Formerly known as RiverNorth Specialty Finance Corporation. Effective December 7, 2022, the Fund changed its name to RiverNorth Capital and Income Fund, Inc.<\/i><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n

RMI, RMM, RFM, RFMZ, RMMZ, RIV, RSF and OPP are closed-end funds.<\/i><\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\nHolders of each Fund\u2019s common stock will receive the distribution under one of two options:<\/p>\n

    \n
  1. \nReceive additional full and fractional shares of the respective Fund\u2019s common stock, or<\/p>\n<\/li>\n
  2. \nElect to receive cash for the distribution.<\/p>\n<\/li>\n<\/ol>\n

    \nContact your broker-dealer where you hold the shares to confirm your distribution reinvestment election.<\/p>\n

    \nWith each distribution that does not consist solely of net investment income, the respective Fund will issue a notice to shareholders and an accompanying press release that will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund\u2019s investment experience during its full fiscal year and may be subject to changes based on tax regulations. Each Fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes.<\/p>\n

    \nEach Fund may at times distribute more than its net investment income and net realized capital gains; therefore, a portion of the distribution may result in a return of capital. A return of capital occurs when some or all of the money that shareholders invested in the Fund is paid back to them. A return of capital does not necessarily reflect the Fund\u2019s investment performance and should not be confused with \u2018yield\u2019 or \u2018income.\u2019 Any such returns of capital will decrease the Fund\u2019s total assets and, therefore, could have the effect of increasing the Fund\u2019s expense ratio. In addition, in order to make the level of distributions called for under its plan, the Fund may have to sell its portfolio securities at a less than opportune time.<\/p>\n

    About RiverNorth<\/b><\/p>\n

    \nRiverNorth Capital Management, LLC is an investment management firm founded in 2000. With $5.0 billion6<\/sup> in assets under management as of May 31, 2023, RiverNorth specializes in opportunistic investment strategies in niche markets where the potential to exploit inefficiencies is greatest. RiverNorth is an institutional investment manager to registered funds, private funds and separately managed accounts.<\/p>\n\n\n\n\n\n\n\n
    \n

    1<\/sup><\/p>\n<\/td>\n

    		\n

    \nMonthly distributions from RMI, RMM, RFM, RFMZ and RMMZ are expected to be generally exempt from regular U.S. federal income taxes, however, portions of these Funds\u2019 distributions may (i) be subject to U.S. federal income tax, (ii) be includable in taxable income for purposes of the federal alternative minimum tax, or (iii) constitute a return of capital. Such distributions will also generally be subject to state and local taxes. RiverNorth does not provide tax advice; consult a professional tax advisor regarding your specific tax situation.<\/p>\n<\/td>\n<\/tr>\n

    \n

    2<\/sup><\/p>\n<\/td>\n

    		In accordance with their level distribution policies, the annual distribution rates for RMI, RMM, RFM, RFMZ and RMMZ have been set equal to 6.75% of the average of each Fund\u2019s NAV per share as reported for the final five trading days of the preceding calendar year.<\/td>\n<\/tr>\n
    \n

    3<\/sup><\/p>\n<\/td>\n

    		In accordance with its level distribution policy, RIV\u2019s annual distribution rate has been set equal to 12.50% of the average of the Fund\u2019s NAV per common share reported on the final five trading days of the preceding calendar year.<\/td>\n<\/tr>\n
    \n

    4<\/sup><\/p>\n<\/td>\n

    		In accordance with its level distribution policy, RSF\u2019s annual distribution rate has been set equal to 10.00% of the average of the Fund\u2019s NAV per common share reported on the final five trading days of the preceding calendar year.<\/td>\n<\/tr>\n
    \n

    5<\/sup><\/p>\n<\/td>\n

    		In accordance with its level distribution policy, OPP\u2019s annual distribution rate has been set equal to 12.50% of the average of the Fund\u2019s NAV per common share reported on the final five trading days of the preceding calendar year.<\/td>\n<\/tr>\n
    \n

    6<\/sup><\/p>\n<\/td>\n

    		Firm AUM reflects Managed Assets which includes the effects of leverage and investments in affiliated funds.<\/td>\n<\/tr>\n<\/table>\n

    \nAn investment in the Funds involves risk, including loss of principal.<\/p>\n

    Investors should consider a Fund’s investment objective, risks, charges, and expenses carefully before investing. Each Fund\u2019s prospectus and most recent periodic reports contain this and other important information about the respective Fund and may be obtained by visiting <\/i><\/b>rivernorth.com\/literature<\/i><\/b><\/a> or by calling your financial professional or RiverNorth at 844.569.4750.<\/i><\/b><\/p>\n

    \nMember Firm ALPS Distributors Inc. Marketing services provided by ALPS Distributors Inc.
    \n
    RiverNorth Capital Management, LLC is not affiliated with DoubleLine Capital LP, or ALPS Distributors, Inc.
    \n
    Not FDIC Insured | May Lose Value | No Bank Guarantee
    \n
    RiverNorth\u00ae is a registered trademark of RiverNorth Capital Management, LLC. DoubleLine\u00ae is a registered trademark of DoubleLine Capital LP.
    \n
    \u00a92000-2023 RiverNorth Capital Management, LLC. All rights reserved. RMI000312<\/p>\n

    \"\"<\/p>\n

    View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230703294301\/en\/<\/a><\/span><\/p>\n

    \nRiverNorth CEF Investor Relations
    \n
    800-646-0148, Option 1
    \n
    CEF@rivernorth.com<\/a><\/p>\n

    KEYWORDS:<\/b> United States North America Florida<\/p>\n

    INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n

    MEDIA:<\/b><\/p>\n\n\n\n\n
    Logo<\/b><\/font><\/td>\n<\/tr>\n
    \"Logo\"<\/td>\n<\/tr>\n
    <\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

    RiverNorth Closed-End Funds Declare Monthly Distributions WEST PALM BEACH, Fla.–(BUSINESS WIRE)– The RiverNorth closed-end funds (the \u201cFunds\u201d) have declared monthly distributions for July, August and September 2023 in accordance with each Fund\u2019s level distribution policy. Details below. Ex Date Record Date Payable Date July 13, 2023 July 14, 2023 July 31, 2023 August 14, 2023 August 15, 2023 August 31, 2023 September 14, 2023 September 15, 2023 September 29, 2023 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Change From Prior Distribution Net Asset Value (NAV) as of 6\/30\/2023 Annualized Current Distribution Rate at NAV Market Price as of 6\/30\/2023 Annualized Current Distribution Rate at Market RiverNorth Opportunistic Municipal Income Fund, Inc.1,2 RMI $0.0974 — $17.15 6.82% $16.37 7.14% RiverNorth … <\/p>\n

    Continue reading “RiverNorth Closed-End Funds Declare Monthly Distributions”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-767602","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRiverNorth Closed-End Funds Declare Monthly Distributions - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RiverNorth Closed-End Funds Declare Monthly Distributions - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RiverNorth Closed-End Funds Declare Monthly Distributions WEST PALM BEACH, Fla.–(BUSINESS WIRE)– The RiverNorth closed-end funds (the \u201cFunds\u201d) have declared monthly distributions for July, August and September 2023 in accordance with each Fund\u2019s level distribution policy. Details below. Ex Date Record Date Payable Date July 13, 2023 July 14, 2023 July 31, 2023 August 14, 2023 August 15, 2023 August 31, 2023 September 14, 2023 September 15, 2023 September 29, 2023 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Change From Prior Distribution Net Asset Value (NAV) as of 6\/30\/2023 Annualized Current Distribution Rate at NAV Market Price as of 6\/30\/2023 Annualized Current Distribution Rate at Market RiverNorth Opportunistic Municipal Income Fund, Inc.1,2 RMI $0.0974 — $17.15 6.82% $16.37 7.14% RiverNorth … Continue reading "RiverNorth Closed-End Funds Declare Monthly Distributions"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-03T20:55:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230703294301r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"RiverNorth Closed-End Funds Declare Monthly Distributions\",\"datePublished\":\"2023-07-03T20:55:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/\"},\"wordCount\":1025,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230703294301r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/\",\"name\":\"RiverNorth Closed-End Funds Declare Monthly Distributions - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230703294301r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2023-07-03T20:55:24+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230703294301r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230703294301r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rivernorth-closed-end-funds-declare-monthly-distributions-10\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RiverNorth Closed-End Funds Declare Monthly Distributions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"RiverNorth Closed-End Funds Declare Monthly Distributions - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/","og_locale":"en_US","og_type":"article","og_title":"RiverNorth Closed-End Funds Declare Monthly Distributions - Market Newsdesk","og_description":"RiverNorth Closed-End Funds Declare Monthly Distributions WEST PALM BEACH, Fla.–(BUSINESS WIRE)– The RiverNorth closed-end funds (the \u201cFunds\u201d) have declared monthly distributions for July, August and September 2023 in accordance with each Fund\u2019s level distribution policy. Details below. Ex Date Record Date Payable Date July 13, 2023 July 14, 2023 July 31, 2023 August 14, 2023 August 15, 2023 August 31, 2023 September 14, 2023 September 15, 2023 September 29, 2023 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Change From Prior Distribution Net Asset Value (NAV) as of 6\/30\/2023 Annualized Current Distribution Rate at NAV Market Price as of 6\/30\/2023 Annualized Current Distribution Rate at Market RiverNorth Opportunistic Municipal Income Fund, Inc.1,2 RMI $0.0974 — $17.15 6.82% $16.37 7.14% RiverNorth … Continue reading \"RiverNorth Closed-End Funds Declare Monthly Distributions\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/","og_site_name":"Market Newsdesk","article_published_time":"2023-07-03T20:55:24+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230703294301r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"RiverNorth Closed-End Funds Declare Monthly Distributions","datePublished":"2023-07-03T20:55:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/"},"wordCount":1025,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230703294301r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/","name":"RiverNorth Closed-End Funds Declare Monthly Distributions - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230703294301r1&sid=flmnd&distro=nx&lang=en","datePublished":"2023-07-03T20:55:24+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230703294301r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230703294301r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rivernorth-closed-end-funds-declare-monthly-distributions-10\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"RiverNorth Closed-End Funds Declare Monthly Distributions"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/767602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=767602"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/767602\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=767602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=767602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=767602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}