Sea Otter Advisors LLC Has $1.84 Million Stock Holdings in RiverNorth Capital and Income Fund, Inc. (NYSE:RSF)

Sea Otter Advisors LLC grew its holdings in RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) by 140.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 120,000 shares of the company’s stock after buying an additional 70,000 shares during the quarter. RiverNorth Capital and Income Fund accounts for approximately 13.1% of Sea Otter Advisors LLC’s holdings, making the stock its 2nd biggest holding. Sea Otter Advisors LLC’s holdings in RiverNorth Capital and Income Fund were worth $1,843,000 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 worth $1,170,000.

RiverNorth Capital and Income Fund Stock Performance

Shares of NYSE:RSF opened at $15.28 on Friday. The company’s fifty day moving average is $15.20 and its 200-day moving average is $15.32. RiverNorth Capital and Income Fund, Inc. has a 52 week low of $14.90 and a 52 week high of $16.90.

RiverNorth Capital and Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be given a $0.1398 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.68 dividend on an annualized basis and a yield of 10.98%. RiverNorth Capital and Income Fund’s dividend payout ratio (DPR) is presently 112.00%.

About RiverNorth Capital and Income Fund

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.