RiverNorth Capital & Income Fund Initiates Quarterly Repurchase Offer for Up To 5% of Shares at NAV

summarizeSummary

RiverNorth Capital & Income Fund announced its quarterly offer to repurchase up to 5% of its outstanding shares at Net Asset Value, providing a liquidity option for shareholders.

check_boxKey Events

• Quarterly Repurchase Offer Initiated

  The fund is offering to repurchase up to 5% of its issued and outstanding common shares.

• Repurchase at Net Asset Value (NAV)

  Shares will be repurchased at the Net Asset Value (NAV) as of April 1, 2026. The NAV was $15.16 per share on February 23, 2026.

• Liquidity Opportunity for Shareholders

  This periodic offer provides shareholders with a mechanism to access liquidity, which is particularly relevant as the shares are trading near their 52-week lows.

• Offer Period and Deadline

  The repurchase offer period runs from March 2, 2026, to April 1, 2026, with all redemption requests due by 5:00 p.m. ET on April 1, 2026.

auto_awesomeAnalysis

This N-23C3A filing announces RiverNorth Capital & Income Fund's routine quarterly repurchase offer, allowing shareholders to tender up to 5% of outstanding shares at Net Asset Value (NAV). This offer provides a significant liquidity opportunity, especially as the fund's shares are currently trading near their 52-week lows and potentially at a discount to the stated NAV of $15.16 (as of Feb 23, 2026). The ability to tender shares at NAV can be attractive for investors seeking to exit their positions at a potentially higher price than the current market.