Rivernorth Opportunities Fund, Inc. declares monthly distributions of $ 0.17 per share

DENVER, September 1, 2021 / PRNewswire / – RiverNorth Opportunities Fund, Inc. (the “Fund”), which trades on the New York Stock Exchange under the symbol “RIV”, announced the declaration of monthly distributions of $ 0.17 per share, payable on the dates indicated below. Under the Fund’s level distribution policy, the distribution rate has been reset to an amount equal to approximately 12.5% ​​(annualized) of the average net asset value of the Fund (“NAV”) per share, as ” it was published for the last five trading days of calendar year 2020. Based on the current net asset value of the Fund per share of $ 16.93 (at market close August 27, 2021), the distributions represent an annualized payout rate of 12.05%.

The following dates apply to declared distributions:

Date of departure

Registration Date

Payment date

October 14, 2021

October 15, 2021

October 29, 2021

November 11, 2021

November 12, 2021

November 30, 2021

December 15, 2021

December 16, 2021

December 31, 2021


This press release is not intended for tax reporting purposes, but is provided to announce the amount of distributions from the Fund. In early 2022, once final information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how distributions paid by the Fund during the previous calendar year are to be characterized for the purposes of to declare distributions on the tax of a shareholder. (for example, ordinary income, long-term capital gain or return of capital). An investment in the Fund is not suitable for all investors and is not intended to constitute a complete investment program. The Fund is designed as a long term investment and not as a trading vehicle.

Investing in the Fund involves risks, including the risk that you will receive little or no return on your investment or that you lose some or even all of your investment. The net asset value of the Fund will vary and its payout rate may vary and both may be affected by many factors, including changes in the market from a specified benchmark, market interest rates and market performance. scholarship holders in the broad sense. Fluctuations in the net asset value may be amplified due to the use of leverage by the Fund. Therefore, before investing, you should carefully consider the risks you assume when investing in the common shares of the Fund.

The investment objectives and policies of the Fund are not designed to seek to return the initial investment to investors who purchase shares.

A portion of the distribution can be considered paid from sources other than net income, including, but not limited to, short-term capital gains, long-term capital gains, and return of capital . Final determination of the source of all distributions, including the percentage of eligible dividend income, is made after year end.

Past performance is no guarantee of future results.

An investor should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. For an annual or semi-annual report containing this and other information, visit www.rivernorthcef.com or call 855.830.1222. Please read them carefully before investing.

NON FDIC INSURED | may lose value | No bank guarantee

The Fund is a closed-end fund and does not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund has now traded on the secondary market. Investors wishing to buy or sell shares must place orders through an intermediary or broker. The share price of a closed fund is based on the market value.

ALPS Advisors, Inc. is the Fund’s investment advisor.

RiverNorth Capital Management, LLC is the Fund’s investment sub-advisor. RiverNorth Capital Management, LLC is not affiliated with ALPS Advisors, Inc. or any of its affiliates.

ALPS Portfolio Solutions Distributor, Inc. is the member firm of FINRA.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world’s largest companies to small and medium-sized enterprises, trust SS&C for expertise, scale and technology. Additional information on SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

About SS&C | ALPS advisers

ALPS Advisors, Inc., a wholly owned subsidiary of SS&C Technologies, Inc., is a leading provider of investment products for advisors and institutions. With over $ 18.5 billion in assets under management at June 30, 2021, the company is an open-architecture investment management boutique offering portfolio building blocks, an active vision and an unwavering desire to guide clients to investment results through sustainable income, thematic and growth strategies. alternative. For more information, visit www.alpsfunds.com.

RiverNorth Capital Management, LLC
RiverNorth is an investment management firm founded in 2000 that specializes in opportunistic strategies in niche markets where the potential to exploit inefficiencies is greatest. RiverNorth is the manager of several registered and private funds.

Media contact:
Christophe murphy*
Head of Marketing Consulting
SS&C ALPS Advisors
[email protected]

* Registered representative of ALPS Distributors, Inc.

SOURCE RiverNorth Opportunities Fund, Inc

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