RSF · CIK 0001644771 · other
# RiverNorth Capital & Income Fund, Inc.
RiverNorth Capital & Income Fund is a closed-end investment fund domiciled in Chicago that manages a diversified portfolio of fixed income and equity securities. The fund operates as a registered investment company, generating revenue primarily through investment income, capital gains, and management fees charged to shareholders. Its investment strategy focuses on generating current income and capital appreciation by allocating capital across multiple asset classes, including corporate bonds, preferred stocks, and dividend-paying equities.
The fund's portfolio management team deploys capital across both opportunistic and strategic positions in debt securities, special situations, and equity instruments. Distribution income to shareholders represents a substantial component of the fund's appeal, with returns derived from interest payments, dividend income, and realized gains on securities. The fund maintains a relatively modest asset base, consistent with its classification as a closed-end investment vehicle with a market capitalization of approximately $0.1 billion.
RiverNorth Capital & Income Fund operates with a lean organizational structure typical of asset management firms, relying on affiliate support and external service providers for administrative functions. The fund's operations are concentrated in its Chicago headquarters, with investment decisions and portfolio management executed from this location. As a publicly traded closed-end fund, it maintains regulatory compliance with the Securities and Exchange Commission and operates under the Investment Company Act of 1940.
No 10-K filings found.