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RIV (Rivernorth Opportunities Fund) Gross-Profit-to-Asset % : 11.91% (As of Jan. 2024)


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What is Rivernorth Opportunities Fund Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Rivernorth Opportunities Fund's annualized Gross Profit for the quarter that ended in Jan. 2024 was $47.95 Mil. Rivernorth Opportunities Fund's average Total Assets over the quarter that ended in Jan. 2024 was $402.70 Mil. Therefore, Rivernorth Opportunities Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 was 11.91%.


Rivernorth Opportunities Fund Gross-Profit-to-Asset % Historical Data

The historical data trend for Rivernorth Opportunities Fund's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rivernorth Opportunities Fund Gross-Profit-to-Asset % Chart

Rivernorth Opportunities Fund Annual Data
Trend Oct17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jun24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial -0.40 21.88 -4.99 5.05 10.83

Rivernorth Opportunities Fund Semi-Annual Data
Oct17 Apr18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 -8.70 5.09 4.71 11.91

Competitive Comparison of Rivernorth Opportunities Fund's Gross-Profit-to-Asset %

For the Asset Management subindustry, Rivernorth Opportunities Fund's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rivernorth Opportunities Fund's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Rivernorth Opportunities Fund's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Rivernorth Opportunities Fund's Gross-Profit-to-Asset % falls into.



Rivernorth Opportunities Fund Gross-Profit-to-Asset % Calculation

Rivernorth Opportunities Fund's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2024 )/( (Total Assets (A: Jul. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=44.132/( (406.185+408.911)/ 2 )
=44.132/407.548
=10.83 %

Rivernorth Opportunities Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=47.954/( (406.185+399.222)/ 2 )
=47.954/402.7035
=11.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Jan. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Rivernorth Opportunities Fund Gross-Profit-to-Asset % Related Terms

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Rivernorth Opportunities Fund Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
Rivernorth Opportunities Fund Inc is a diversified, closed-end management investment company. The fund's investment objective is total return consisting of capital appreciation and current income.
Executives
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Patrick W. Galley director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Stephen Andrew O'neill other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Robert Douglas Mcclure officer: Treasurer 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Brian H Schmucker other: Officer of Subadviser 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Rivernorth Capital Management, Llc other: Investment Sub Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Sareena Khwaja-dixon officer: Secretary 1290 BROADWAY, SUITE 1100, DENVER CO 80203
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Laton Spahr other: President of the Adviser 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Matthew Sutula other: Interim CCO 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Michael Sleightholme other: Officer of Investment Advisor 1290 BROADWAY, SUITE 1100, DENVER CO 80203