RSF - RiverNorth Capital & Income Fund

What this means for you

One or more large investors own more than 5% of this fund but have told the regulator they are not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.

Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.

Email me if this changes

What happened, and when

1. Nov 3, 2025

   Sit Investment sold down below 5% and stopped reporting.

   Original document →

2. Aug 5, 2025

   Sit Investment raised its stake to 11.9% (from 6.1%), as a passive investor.

   Original document →

3. June 5, 2025

   Sit Investment cut its stake to 6.1% (from 12.2%), as a passive investor.

   Original document →

4. May 30, 2025

   The fund offered holders the right to buy more shares, until July 7, 2025.

   Original document →

5. May 21, 2025

   The fund said it may sell new shares.

   Original document →

About this fund

• Run by RiverNorth Capital Management, LLC. As of June 30, 2026, from the fund's yearly report. Original document →
• Size: about $54.9 million of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund does not borrow. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 1.3% a year in management fees; 4% a year in total, including interest on borrowed money. Fiscal year ended June 30, 2026. As of June 30, 2026, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended June 30, 2026) the fund paid $1.64 a share, all of it income. As of June 30, 2026, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (June 30, 2026): $15.07. The shares traded at $14.62, about 3% below that. As of June 30, 2026, from the fund's yearly report. Original document →
  Over the last two years the gap ranged from 9.1% below to 0.5% below. As of June 30, 2026, from the fund's annual report. Original document →
• How the holdings did: up 3.3% over the last three months we have (April-June 2026), before the share price is taken into account. Over the last 12 months: +12.3%. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• How the share price did: the shares returned +12.3% over the last fiscal year (ended June 30, 2026), counting payouts and the change in the market price. As of June 30, 2026, from the fund's annual report. Original document →
• First reported to the regulator in 2015.

What the fund holds

Mostly loans (94%), the rest cash and short-term holdings. About 100% issued in the U.S.

1. Cash and short-term - 5.8%
2. 11060555.SQ.RVR, Square - 0.2%
3. 11037478.SQ.RVR, Square - 0.2%
4. 11003088.SQ.RVR, Square - 0.2%
5. 10845189.SQ.RVR, Square - 0.2%
6. 10905828.SQ.RVR, Square - 0.2%
7. 11025352.SQ.RVR, Square - 0.1%
8. 11045632.SQ.RVR, Square - 0.1%
9. 11068047.SQ.RVR, Square - 0.1%
10. 11114448.SQ.RVR, Square - 0.1%

As of June 30, 2026, from the fund's quarterly holdings report. Original document →