| Indicators | Browse All

RiverNorth Opportunities Fund, Inc. (RIV)

Financial Services | Asset Management | Chicago, United States | NYSE
9.94 USD -0.06 (-0.580%) ⇩ (Oct. 16, 2026, 3:54 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | Oct. 10, 2026, 8:26 a.m. EDT

The immediate outlook is flat due to the fund's heavy discount to net asset value and lack of capital appreciation potential, making it a poor vehicle for short-term gains despite the high headline yield. Over the long term, the investment case is severely compromised by a nearly decade-long structural decline where the share price has lost over 37% of its value, signaling persistent market skepticism about the underlying business quality and distribution sustainability. While the current yield appears attractive at 15%, it is largely a function of the depressed share price rather than robust earnings power, and the payout ratio approaching 100% suggests the distributions are being funded entirely by asset liquidation or capital erosion rather than organic growth, which is unsustainable for a closed-end fund seeking to preserve capital.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.033992
AutoARIMA0.035720
AutoTheta0.035960
AutoETS0.036555

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 60%
H-stat 6.19
Ljung-Box p 0.000
Jarque-Bera p 0.447
Excess Kurtosis -0.92
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-11-15
Last Dividend Date 2026-10-14
Market Cap 305,498,400
Trailing P/E 6.50

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.31% 13.87% 13.27% 13.80%
Dividend History
Date Dividend Yield %
2026-10-15 0.131000 1.310000
2026-09-15 0.131000 1.254789
2026-08-14 0.131000 1.179118
2026-07-15 0.131000 1.137153
2026-06-15 0.131000 1.137153
2026-05-15 0.131000 1.144105
2026-04-15 0.131000 1.140122
2026-03-16 0.131000 1.158267
2026-02-13 0.131000 1.098993
2026-01-15 0.131000 1.100840
2025-12-15 0.128000 1.092150
2025-11-14 0.128000 1.117904
2025-10-15 0.128000 1.087511
2025-09-15 0.128000 1.047463
2025-08-15 0.124272 1.036439
2025-07-15 0.124272 1.058377
2025-06-13 0.124272 1.063124
2025-05-15 0.124272 1.067558
2025-04-15 0.124272 1.171090
2025-03-14 0.124272 1.090291
2025-02-14 0.124272 1.033927
2025-01-15 0.124272 1.056107
2024-12-13 0.125243 1.041165
2024-11-15 0.125243 1.041165
2024-10-15 0.125243 1.014153
2024-09-13 0.125243 1.046231
2024-08-15 0.125243 1.053924
2024-07-15 0.125243 1.042848
2024-06-14 0.125243 1.064359
2024-05-14 0.125243 1.068325
2024-04-12 0.125243 1.105401
2024-03-14 0.125243 1.098810
2024-02-14 0.125243 1.115919
2024-01-12 0.125243 1.131582
2023-12-14 0.124272 1.158373
2023-11-14 0.124272 1.230771
2023-10-12 0.124272 1.212123
2023-09-14 0.124272 1.160473
2023-08-14 0.124272 1.129745
2023-07-13 0.124272 1.124782
2023-06-14 0.124272 1.135760
2023-05-12 0.124272 1.167885
2023-04-13 0.124272 1.130744
2023-03-14 0.124272 1.149014
2023-02-14 0.124272 1.057853
2023-01-12 0.124272 1.061361
2022-12-14 0.165049 1.309711
2022-11-18 0.165049 1.362183
2022-10-13 0.165049 1.372078
2022-09-15 0.165049 1.183023
2022-08-16 0.165049 1.130322
2022-07-14 0.165049 1.223025
2022-06-15 0.165049 1.260196
2022-05-12 0.165049 1.317833
2022-04-13 0.165049 1.069185
2022-03-16 0.165049 1.077999
2022-02-10 0.165049 1.044229
2022-01-13 0.165049 1.021637
2021-12-15 0.400971 2.510639
2021-11-15 0.165049 0.981527
2021-10-14 0.165049 0.981527
2021-09-15 0.165049 0.951850
2021-08-16 0.165049 0.959912
2021-07-15 0.165049 0.931509
2021-06-15 0.165049 0.946024
2021-05-13 0.165049 0.991256
2021-04-15 0.165049 0.966461
2021-03-16 0.165049 0.966461
2021-02-10 0.165049 0.988375
2021-01-14 0.165049 1.000591
2020-12-16 0.174757 1.131362
2020-11-12 0.174757 1.253480
2020-10-15 0.174757 1.267604
2020-09-15 0.174757 1.201600
2020-08-13 0.174757 1.189688
2020-07-16 0.174757 1.177238
2020-06-15 0.174757 1.258739
2020-05-14 0.174757 1.419556
2020-04-15 0.174757 1.389959
2020-03-16 0.174757 1.585901
2020-02-13 0.174757 1.073344
2020-01-16 0.174757 1.058199
2019-12-16 0.165049 1.061839
2019-11-14 0.165049 1.055248
2019-10-11 0.165049 1.001771
2019-09-16 0.162290 0.976453
2019-08-14 0.162290 1.014928
2019-07-16 0.162290 0.977014
2019-06-13 0.162290 1.002361
2019-05-16 0.162290 0.990101
2019-04-17 0.162290 0.998827
2019-03-14 0.162290 1.013113
2019-02-14 0.162290 1.006515
2019-01-17 0.162290 0.988662
2018-12-17 0.200475 1.361865
2018-11-15 0.200475 1.269647
2018-10-16 0.200475 1.171219
2018-09-13 0.200475 1.105261
2018-08-16 0.200475 1.058999
2018-07-16 0.200475 1.007192
2018-06-18 0.200475 0.995731
2018-05-21 0.200475 0.981352
2018-04-12 0.200475 0.995259
2018-03-15 0.200475 0.999332
2018-02-15 0.200475 1.009613
2018-01-11 0.200475 1.023390
2017-12-14 0.200475 1.074716
2017-11-16 0.200475 1.062751
2017-10-12 0.200475 1.050523
2017-09-14 0.197318 0.996203
2017-08-10 0.197318 1.030420
2017-07-13 0.131546 0.660380
2017-06-15 0.131546 0.703520
2017-05-18 0.131546 0.708863
2017-04-12 0.131546 0.708146
2017-03-16 0.131546 0.716848
2017-02-16 0.131546 0.707073
2017-01-12 0.131546 0.741135
2016-12-15 0.131546 0.745874
2016-11-17 0.131546 0.741528
2016-10-18 0.322287 1.768955
2016-10-13 0.131546 0.706003
2016-09-15 0.131546 0.711096
2016-08-11 0.131546 0.708505
2016-07-21 0.507390 2.825746
2016-07-14 0.131546 0.711891
2016-06-16 0.131546 0.732833
2016-05-12 0.131546 0.735644
2016-04-19 0.032886 0.184276
2016-04-14 0.131546 0.755534
2016-03-17 0.131546 0.758399
2016-02-09 0.131546 0.878297
Additional Data
dividendRate 1.57
dividendYield 15.67
exDividendDate 2026-11-16
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.131
lastDividendDate 2026-10-15
dividendDate 2019-04-30

Info Dump

Attribute Value
52 Week Change -0.13644212
Address1 433 West Van Buren Street
Address2 Suite 1100-D
All Time High 20.649921
All Time Low 8.398058
Ask 9.96
Ask Size 100
Average Daily Volume10 Day 108,220
Average Daily Volume3 Month 132,109
Average Volume 132,109
Average Volume10Days 108,220
Bid 9.93
Bid Size 200
City Chicago
Compensation As Of Epoch Date 1,609,372,800
Country United States
Crypto Tradeable 0
Currency USD
Current Price 9.942
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 10.0
Day Low 9.91
Display Name RiverNorth Opportunities Fund
Dividend Date 1,556,582,400
Dividend Rate 1.57
Dividend Yield 15.67
Ebitda Margins 0.0
Eps Trailing Twelve Months 1.53
Esg Populated 0
Ex Dividend Date 1,794,787,200
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 312-832-1461
Fifty Day Average 10.7544
Fifty Day Average Change -0.81239986
Fifty Day Average Change Percent -0.07554116
Fifty Two Week Change Percent -13.644213
Fifty Two Week High 12.15
Fifty Two Week High Change -2.2079992
Fifty Two Week High Change Percent -0.18172833
Fifty Two Week Low 9.82
Fifty Two Week Low Change 0.122000694
Fifty Two Week Low Change Percent 0.012423696
Fifty Two Week Range 9.82 - 12.15
First Trade Date Milliseconds 1,452,263,400,000
Five Year Avg Dividend Yield 13.98
Full Exchange Name NYSE
Fullday Change -0.055000305
Fullday Change Percent -0.55000305
Fullday Price 9.942
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.11482
Held Percent Institutions 0.34158
Implied Shares Outstanding 30,728,059
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,792,022,400
Last Dividend Value 0.131
Last Split Date 1,757,548,800
Last Split Factor 103:100
Long Business Summary RiverNorth Opportunities Fund, Inc. is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc. and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc. was formed on December 24, 2015 and is domiciled in the United States.
Long Name RiverNorth Opportunities Fund, Inc.
Market us_market
Market Cap 305,498,400
Market State POST
Max Age 86,400
Message Board Id finmb_113264132
Non Diluted Market Cap 289,040,537
Open 9.94
Operating Margins 0.0
Payout Ratio 0.9982
Phone 312-832-1440
Previous Close 10.0
Price Hint 2
Profit Margins 0.0
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.05799961
Regular Market Change Percent -0.5799961
Regular Market Day High 10.0
Regular Market Day Low 9.91
Regular Market Day Range 9.91 - 10.0
Regular Market Open 9.94
Regular Market Previous Close 10.0
Regular Market Price 9.942
Regular Market Time 1,792,180,497
Regular Market Volume 84,810
Sand P52 Week Change 0.16207206
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 30,728,059
Shares Percent Shares Out 0.002
Shares Short 62,849
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 1,261,553
Short Name RiverNorth Opportunities Fund,
Short Percent Of Float 0.0021
Short Ratio 0.52
Source Interval 15
State IL
Symbol RIV
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.53
Trailing P E 6.4980397
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.4136
Two Hundred Day Average Change -1.4715996
Two Hundred Day Average Change Percent -0.12893386
Type Disp Equity
Volume 84,810
Zip 60,607