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RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer

RSF
  • RiverNorth Capital and Income Fund (NYSE: RSF) announced final results of a repurchase offer for up to 5% of its outstanding common shares.
  • The repurchase offer expired at 5:00 P.M. Eastern Time on April 1, 2026.
  • A total of 927,457 shares were submitted for redemption while 191,624 shares were repurchased.
  • Shares were purchased from tendering shareholders on a pro-rata basis because submitted shares exceeded the offer limit.
  • The purchase price was $15.17 per share, representing the net asset value at the close of regular NYSE trading on April 1, 2026.
  • DST Systems, Inc. served as both the depositary & information agent for the repurchase offer.
  • RiverNorth Capital Management, LLC manages $5.0 billion in assets as of February 28, 2026.
  • The Fund invests primarily in Alternative Credit Instruments that are generally unrated, speculative, & comparable to junk bonds.
  • Investments involve significant risks including potential principal loss, lack of third-party guarantees, & limited recourse against borrowers.
  • The Fund is not FDIC insured & has no bank guarantee against loss of value.