RiverNorth/DoubleLine Strategic Chance Fund, Inc. and RiverNorth Specialty Finance Corporation Announce Most popular Dividends

RiverNorth/DoubleLine Strategic Chance Fund, Inc. and RiverNorth Specialty Finance Corporation are each individual pleased to announce the declaration of most popular dividends for the 2nd quarter of 2021, as thorough below.

The Board of Administrators of RiverNorth/DoubleLine Strategic Possibility Fund, Inc. has declared a quarterly funds dividend of $.27344 per share of the Fund’s 4.375% Collection A Cumulative Most well-liked Stock (NYSE: OPPPRA).

The Board of Directors of RiverNorth Specialty Finance Corporation has declared a quarterly cash dividend of $.36719 per share of the Fund’s 5.875% Collection A Time period Chosen Inventory (NYSE: RMPL).

The subsequent dates utilize to each and every dividend declared:

Ex Date

File Day

Payable Date

April 30, 2021

May well 3, 2021

May possibly 17, 2021

About RiverNorth

RiverNorth Money Administration, LLC is an investment administration agency established in 2000. With $5.1 billion1 in assets beneath management as of March 31, 2021, RiverNorth specializes in opportunistic investment decision techniques in area of interest markets where by the potential to exploit inefficiencies is best. RiverNorth is an institutional financial investment supervisor to registered cash, personal resources and individually managed accounts.

The distributions have been calculated dependent on the favored shares Liquidation Desire of $25.00 for each share and most present-day quarterly distribution price for every share of $.27344 for RiverNorth/DoubleLine Strategic Chance Fund, Inc.’s 4.375% Sequence A Cumulative Preferred Inventory, and $.36719 for RiverNorth Specialty Finance Corporation’s 5.875% Collection A Phrase Preferred Stock, respectively. Distributions might be compensated from sources of cash flow other than everyday earnings, these kinds of as net recognized limited-expression funds gains, web understood extended-term capital gains and return of funds. The real quantities and sources of the amounts for tax reporting functions will count upon each individual Fund’s financial commitment knowledge throughout the remainder of its fiscal yr and may possibly be topic to modifications dependent on tax rules. If a distribution consists of anything at all other than web investment decision earnings, the Fund delivers a Portion 19(a) observe of the ideal estimate of its distribution resources at that time. These estimates could not match the last tax characterization (for the entire year’s distributions) contained in shareholders’ 1099-DIV varieties following the finish of the calendar year.

This info is for info only and need to not be construed as an official tax form, nor must it be viewed as tax or investment assistance. RiverNorth is not a tax advisor and investors really should seek the advice of a tax professional for steerage pertaining to their precise tax predicament. Remember to seek the advice of your legal or tax advisor.

Traders need to take into account the Fund’s expense aim, challenges, charges and charges diligently right before investing. The prospectus need to be read very carefully in advance of investing. For more data, make sure you read through the prospectus, connect with your money professional or simply call 844.569.4750.

Investing in the Fund will involve selected hazards, which include reduction of theory, that are explained in the “Challenges” part of each and every Prospectus.

1 Business AUM displays Managed Property which features the consequences of leverage and investments in affiliated resources.

RiverNorth® is a registered trademark of RiverNorth Capital Management, LLC.
DoubleLine® is a registered trademark of DoubleLine Cash LP.
©2000-2021 RiverNorth Capital Management, LLC. All rights reserved.

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Investor Call
Chris Lakumb, CFA, CAIA
[email protected]