Rivernorth Capital Management, Llc Buys Kayne Anderson MLP/Midstream Investment Co, Nuveen AMT-Free Municipal Credit Income Fund, Blackrock Debt Strategies Fund Inc, Sells Invesco Senior Income Trust, Nuveen Mortgage Opportunity Term Fund, Invesco Dynamic

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Feb 17, 2020
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Chicago, IL, based Investment company Rivernorth Capital Management, Llc (Current Portfolio) buys Kayne Anderson MLP/Midstream Investment Co, Nuveen AMT-Free Municipal Credit Income Fund, Blackrock Debt Strategies Fund Inc, Blackrock Credit Allocation Income Trust, NexPoint Strategic Opportunities Fund, sells Invesco Senior Income Trust, Nuveen Mortgage Opportunity Term Fund, Invesco Dynamic Credit Opportunities Fund, Western Asset High Income Oppor Fd Inc, Nuveen Floating Rate Income Fund during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Rivernorth Capital Management, Llc. As of 2019Q4, Rivernorth Capital Management, Llc owns 182 stocks with a total value of $1.5 billion. These are the details of the buys and sells.

For the details of RIVERNORTH CAPITAL MANAGEMENT, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/rivernorth+capital+management%2C+llc/current-portfolio/portfolio

These are the top 5 holdings of RIVERNORTH CAPITAL MANAGEMENT, LLC
  1. Nuveen AMT-Free Municipal Income Fund (NEA) - 5,605,557 shares, 5.26% of the total portfolio. Shares added by 5.52%
  2. Nuveen Quality Municipal Income Fund (NAD) - 5,214,707 shares, 4.97% of the total portfolio. Shares reduced by 15.04%
  3. Eaton Vance Ltd Duration Income Fund (EVV) - 4,935,575 shares, 4.26% of the total portfolio. Shares added by 13.85%
  4. Western Asset High Income Oppor Fd Inc (HIO) - 9,680,707 shares, 3.20% of the total portfolio. Shares reduced by 20.93%
  5. Blackrock Credit Allocation Income Trust (BTZ) - 3,225,326 shares, 2.94% of the total portfolio. Shares added by 66.97%
New Purchase: Cohen & Steers Infrastructure Fund Inc (UTF)

Rivernorth Capital Management, Llc initiated holding in Cohen & Steers Infrastructure Fund Inc. The purchase prices were between $25.13 and $27.16, with an estimated average price of $26.29. The stock is now traded at around $27.53. The impact to a portfolio due to this purchase was 0.64%. The holding were 374,909 shares as of .

New Purchase: Tortoise Energy Infrastructure Corp. (TYG)

Rivernorth Capital Management, Llc initiated holding in Tortoise Energy Infrastructure Corp.. The purchase prices were between $16.49 and $19.93, with an estimated average price of $18.28. The stock is now traded at around $16.82. The impact to a portfolio due to this purchase was 0.3%. The holding were 252,483 shares as of .

New Purchase: Adams Natural Resources Fund Inc (PEO)

Rivernorth Capital Management, Llc initiated holding in Adams Natural Resources Fund Inc. The purchase prices were between $15 and $16.77, with an estimated average price of $15.89. The stock is now traded at around $15.32. The impact to a portfolio due to this purchase was 0.28%. The holding were 260,462 shares as of .

New Purchase: PIMCO High Income Fund (PHK)

Rivernorth Capital Management, Llc initiated holding in PIMCO High Income Fund. The purchase prices were between $7.47 and $7.87, with an estimated average price of $7.66. The stock is now traded at around $7.59. The impact to a portfolio due to this purchase was 0.28%. The holding were 564,322 shares as of .

New Purchase: Avenue Income Credit Strategies Fund (ACP)

Rivernorth Capital Management, Llc initiated holding in Avenue Income Credit Strategies Fund. The purchase prices were between $10.81 and $12.53, with an estimated average price of $11.43. The stock is now traded at around $12.18. The impact to a portfolio due to this purchase was 0.21%. The holding were 285,663 shares as of .

New Purchase: AllianzGI Convertible & Income Fund (NCV)

Rivernorth Capital Management, Llc initiated holding in AllianzGI Convertible & Income Fund. The purchase prices were between $5.55 and $5.75, with an estimated average price of $5.66. The stock is now traded at around $6.02. The impact to a portfolio due to this purchase was 0.14%. The holding were 366,517 shares as of .

Added: Kayne Anderson MLP/Midstream Investment Co (KYN)

Rivernorth Capital Management, Llc added to a holding in Kayne Anderson MLP/Midstream Investment Co by 713.38%. The purchase prices were between $12.33 and $14.54, with an estimated average price of $13.31. The stock is now traded at around $13.33. The impact to a portfolio due to this purchase was 1.36%. The holding were 1,709,656 shares as of .

Added: Nuveen AMT-Free Municipal Credit Income Fund (NVG)

Rivernorth Capital Management, Llc added to a holding in Nuveen AMT-Free Municipal Credit Income Fund by 282.59%. The purchase prices were between $15.99 and $16.94, with an estimated average price of $16.44. The stock is now traded at around $16.80. The impact to a portfolio due to this purchase was 1.25%. The holding were 1,555,548 shares as of .

Added: Blackrock Debt Strategies Fund Inc (DSU)

Rivernorth Capital Management, Llc added to a holding in Blackrock Debt Strategies Fund Inc by 133.25%. The purchase prices were between $10.57 and $11.2, with an estimated average price of $10.86. The stock is now traded at around $11.42. The impact to a portfolio due to this purchase was 1.22%. The holding were 2,911,397 shares as of .

Added: Blackrock Credit Allocation Income Trust (BTZ)

Rivernorth Capital Management, Llc added to a holding in Blackrock Credit Allocation Income Trust by 66.97%. The purchase prices were between $13.46 and $13.99, with an estimated average price of $13.63. The stock is now traded at around $14.54. The impact to a portfolio due to this purchase was 1.18%. The holding were 3,225,326 shares as of .

Added: NexPoint Strategic Opportunities Fund (NHF)

Rivernorth Capital Management, Llc added to a holding in NexPoint Strategic Opportunities Fund by 594.09%. The purchase prices were between $16.24 and $18.01, with an estimated average price of $17.14. The stock is now traded at around $17.65. The impact to a portfolio due to this purchase was 0.93%. The holding were 946,216 shares as of .

Added: Source Capital Inc (SOR)

Rivernorth Capital Management, Llc added to a holding in Source Capital Inc by 203.05%. The purchase prices were between $35.78 and $38.92, with an estimated average price of $37.69. The stock is now traded at around $41.20. The impact to a portfolio due to this purchase was 0.35%. The holding were 205,409 shares as of .

Sold Out: Nuveen Mortgage Opportunity Term Fund (JLS)

Rivernorth Capital Management, Llc sold out a holding in Nuveen Mortgage Opportunity Term Fund. The sale prices were between $21.81 and $23.04, with an estimated average price of $22.42.

Sold Out: Nuveen Floating Rate Income Fund (JFR)

Rivernorth Capital Management, Llc sold out a holding in Nuveen Floating Rate Income Fund. The sale prices were between $9.39 and $10.24, with an estimated average price of $9.61.

Sold Out: Western Asset High Yield Defined Opps. (HYI)

Rivernorth Capital Management, Llc sold out a holding in Western Asset High Yield Defined Opps.. The sale prices were between $14.91 and $15.7, with an estimated average price of $15.29.

Sold Out: Nuveen North Carolina Quality Municipal Income Fun (NNC)

Rivernorth Capital Management, Llc sold out a holding in Nuveen North Carolina Quality Municipal Income Fun. The sale prices were between $13.53 and $13.76, with an estimated average price of $13.66.

Sold Out: Garrison Capital Inc (GARS)

Rivernorth Capital Management, Llc sold out a holding in Garrison Capital Inc. The sale prices were between $5.46 and $6.89, with an estimated average price of $6.2.

Sold Out: NUVEEN CONNECTICUT QUALITY MUNICIPAL INCOME FUND (NTC)

Rivernorth Capital Management, Llc sold out a holding in NUVEEN CONNECTICUT QUALITY MUNICIPAL INCOME FUND. The sale prices were between $12.04 and $13.67, with an estimated average price of $13.19.



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