Twelve Points Wealth Management LLC Sells 1,762 Shares of RiverNorth Capital and Income Fund, Inc. (NYSE:RSF)

Twelve Points Wealth Management LLC trimmed its position in shares of RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) by 11.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,562 shares of the company’s stock after selling 1,762 shares during the period. Twelve Points Wealth Management LLC’s holdings in RiverNorth Capital and Income Fund were worth $208,000 at the end of the most recent quarter.

Separately, Alpine Global Management LLC acquired a new position in RiverNorth Capital and Income Fund during the first quarter valued at approximately $1,170,000.

RiverNorth Capital and Income Fund Trading Down 0.1 %

Shares of RSF stock traded down $0.02 during trading hours on Friday, reaching $15.13. The company’s stock had a trading volume of 19,778 shares, compared to its average volume of 20,417. RiverNorth Capital and Income Fund, Inc. has a fifty-two week low of $14.81 and a fifty-two week high of $16.90. The firm’s 50 day simple moving average is $15.26 and its 200-day simple moving average is $15.51.

RiverNorth Capital and Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.1398 per share. This represents a $1.68 annualized dividend and a yield of 11.09%. The ex-dividend date of this dividend is Friday, September 13th. RiverNorth Capital and Income Fund’s payout ratio is 112.00%.

RiverNorth Capital and Income Fund Profile

RiverNorth Specialty Finance Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.