RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. declared preferred dividends for Q3 2025, with distributions paid on August 15, 2025. The funds issued dividends for multiple preferred stock series, including 6.000% Series A Perpetual Preferred Stock ($0.37500/share) and 4.375% Series A Cumulative Preferred Stock ($0.27344/share).

Findell Capital Partners, a major investor in Oportun Financial, has criticized the company's recent presentation for inaccuracies, highlighting tensions between shareholders and management. Oportun reported consecutive quarterly profitability, a 39% year-over-year increase in loan originations, and reduced operating expenses. Analysts project a 37.83% upside from current stock prices, though GuruFocus estimates suggest a 66.13% downside. The company faces macroeconomic uncertainties impacting its 2025 outlook.

RiverNorth Capital Management, LLC increased its holdings in Saba Capital Income & Opportunities Fund II (SABA) by 6.70%, bringing its total ownership to 2,932,500 shares. The transaction, which raised RiverNorth's stake to 1.36% of its portfolio, reflects confidence in SABA's potential for income and appreciation. SABA, a closed-end fund with a market cap of $255.571 million, has mixed financial metrics, including a GF Score of 41/100 and a Piotroski F-Score of 5. Despite challenges in growth and profitability, the fund's recent stock price increase of 3.73% highlights its current performance.

RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) has authorized a rights offering for its common stockholders, allowing them to purchase additional shares of common stock. The offering includes subscription rights valid until July 7, 2025, with pricing based on 90% of net asset value or 95% of market price. The rights will be listed on the NYSE under RSF.RT, and the fund's investment objective remains to seek high current income.

Invesco Ltd. increased its stake in BlackRock MuniHoldings Quality Fund II by 86.7% during the fourth quarter, holding 126,793 shares valued at $1.268 million. Other hedge funds, including Rivernorth Capital Management LLC and LPL Financial LLC, also adjusted their positions in the fund. The fund, managed by BlackRock Advisors, is a closed-end fixed income mutual fund focused on U.S. municipal obligations. It recently announced a $0.051 per share dividend with a 6.28% yield.