RiverNorth Capital & Income Fund, Inc. (RSF) Form 3 filed by RiverNorth Financial Holdings, LLC on 09/18/2025 reports the initial beneficial ownership statement for a reporting person affiliated with the fund's adviser. The filer identifies its relationship as an officer and as an affiliate of the adviser. The filing states 0 common shares beneficially owned directly. The form is signed by Marc Collins.
Nomura Holdings, Inc. and Nomura Global Financial Products, Inc. filed an amended Schedule 13G reporting their holdings in RiverNorth Capital & Income Fund, Inc. (common stock, CUSIP 76882B108). Both reporting persons state they beneficially own 0 shares representing 0% of the class, and report no sole or shared voting or dispositive power. The filing includes exhibits: a joint filing agreement and a list of subsidiaries, and certifications signed by Samir Patel on behalf of both filers.
Osaic Holdings, Inc. reports beneficial ownership of 456,116 shares of RiverNorth Capital & Income Fund common stock, equal to 13.8% of the class. The disclosure shows no sole or shared voting power and no sole dispositive power, with shared dispositive power of 456,116 shares. The position is held through Osaic's wholly-owned subsidiary, Osaic Wealth, Inc.
The filing includes a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing control of the issuer. Because the stake exceeds 5%, this Schedule 13G identifies Osaic as a material passive investor in RSF and documents its ownership and voting/dispositive profile.
RiverNorth Capital & Income Fund (RSF) – Form 4 insider filing
CEO & Director Patrick W. Galley disclosed the acquisition of 39,813 RSF common shares on 07/11/2025. The transaction, coded “J,” indicates the shares were obtained through a rights offering at a stated price of $14.39 per share. After this purchase, Galley’s direct ownership rises to 254,733 shares. No dispositions or derivative securities were reported.
Net insider buying by the fund’s chief executive can be viewed as a positive signal of management’s conviction; however, because the purchase stems from a rights offering rather than open-market buying, the informational value may be somewhat muted.