WFA Asset Management Corp Grows Stake in RiverNorth Capital and Income Fund, Inc. (NYSE:RSF)

WFA Asset Management Corp grew its holdings in RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) by 54.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,090 shares of the company’s stock after acquiring an additional 1,090 shares during the quarter. WFA Asset Management Corp’s holdings in RiverNorth Capital and Income Fund were worth $48,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in RSF. Alpine Global Management LLC purchased a new position in RiverNorth Capital and Income Fund during the 1st quarter worth approximately $1,170,000. Sea Otter Advisors LLC grew its stake in RiverNorth Capital and Income Fund by 140.0% during the 2nd quarter. Sea Otter Advisors LLC now owns 120,000 shares of the company’s stock worth $1,843,000 after buying an additional 70,000 shares during the last quarter. Finally, Waverly Advisors LLC purchased a new position in RiverNorth Capital and Income Fund during the 1st quarter worth approximately $2,501,000.

RiverNorth Capital and Income Fund Stock Performance

NYSE:RSF opened at $15.31 on Monday. The stock’s 50 day moving average price is $15.32 and its 200 day moving average price is $15.25. RiverNorth Capital and Income Fund, Inc. has a 52-week low of $14.90 and a 52-week high of $16.90.

RiverNorth Capital and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a $0.1398 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.68 annualized dividend and a dividend yield of 10.96%. RiverNorth Capital and Income Fund’s dividend payout ratio (DPR) is currently 112.00%.

RiverNorth Capital and Income Fund Company Profile

RiverNorth Specialty Finance Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.