SCHEDULE: Nomura Reports Zero Stake in RiverNorth Fund
Beneficial Ownership Statement Amendment
Nomura Holdings Inc. and its subsidiary have filed an amended Schedule 13G, indicating they no longer hold a reportable beneficial ownership stake in RiverNorth Capital & Income Fund, Inc.
Summary
- Nomura Holdings Inc. and Nomura Global Financial Products Inc. filed an Amendment No. 1 to Schedule 13G.
- The filing reports their beneficial ownership in RiverNorth Capital & Income Fund, Inc. (CUSIP: 76882B108).
- As of June 30, 2025, both entities report 0.00 shares beneficially owned, representing 0% of the common stock class.
- This indicates a complete divestment or reduction below the reporting threshold from their previous holding.
Sentiment
Score: 5
Explanation: The filing is a neutral factual disclosure of a change in institutional ownership to zero, providing no inherent positive or negative implications for the issuer's operational performance or financial health.
Future Outlook
NA
Industry Context
Schedule 13G filings are routine disclosures for institutional investors to report their passive ownership stakes. This filing indicates a portfolio adjustment by a major financial institution, Nomura Holdings Inc., regarding its investment in a closed-end fund. Such changes are common as institutions rebalance their portfolios based on market conditions or investment strategies.
Stakeholder Impact
- For shareholders of RiverNorth Capital & Income Fund, Inc., the divestment by a significant institutional investor like Nomura Holdings Inc. could be interpreted as a reduction in institutional interest, though the filing does not provide reasons for the change in holding.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which required the filing of this statement (change in beneficial ownership). |
| 08/14/2025 | Date of signing the Schedule 13G Amendment No. 1. |
Keywords
SEC filing, Schedule 13G, beneficial ownership, Nomura Holdings, RiverNorth Capital & Income Fund, institutional ownership, divestment
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