RiverNorth Closed-End Funds Declare Monthly Distributions - Seite 2

Fund Name

Ticker

Distribution
Per Share

Change
From Prior
Distribution

Net Asset
Value (NAV)
as of
3/31/2021

Annualized
Current
Distribution
Rate at NAV

Market Price
as of
3/31/2021

Annualized
Current
Distribution
Rate at
Market

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.⁵

OPP

$0.1586

‒

$15.21

12.51%

$15.10

12.60%

RiverNorth Specialty Finance Corporation⁶

RSF

$0.1523

‒

$19.00

9.62%

$17.90

10.21%

1	Monthly distributions from RMI, RMM and RFM are expected to be generally exempt from regular U.S. federal income taxes, however, portions of these Funds’ distributions may (i) be subject to U.S. federal income tax, (ii) be includable in taxable income for purposes of the federal alternative minimum tax, or (iii) constitute a return of capital. Such distributions will also generally be subject to state and local taxes. RiverNorth does not provide tax advice; consult a professional tax advisor regarding your specific tax situation.
2	In accordance with its level distribution policy, RMI’s annual distribution rate has been set equal to 5.50% of the Fund’s initial public offering price of $20.00 per share.
3	In accordance with its level distribution policy, RMM’s annual distribution rate has been set equal to 5.50% of the Fund’s initial public offering price of $20.00 per share.
4	In accordance with its level distribution policy, RFM’s annual distribution rate has been set equal to 6.25% of the Fund’s initial public offering price of $20.00 per share.