PC · PRIVATE CREDIT

RiverNorth Capital and Income Fund, Inc.

RiverNorth · Listed Interval Fund, Credit Moving to Enhanced Equity

Program Overview

Listed Interval Fund, Credit Moving to Enhanced Equity

Peer Group Filters

Objectives: IncomeTotal Return
Asset Class: Private Credit
Vehicle: Interval Fund
Single / Multi Asset: Multi-Asset

Sponsor/Manager

RiverNorth

Asset Class

Private Credit

Issuer

RiverNorth Capital and Income Fund, Inc.

Issuer Legal Structure

Maryland Corporation

Program Life Structure

Evergreen

Securities Offered

Equity - Common Stock

Target Leverage

Maximum 33% debt-to-total-assets Borrowings capped at 33-1/3% of total assets (preferred up to 50%). No borrowings at June 30, 2026; Pershing facility ended Feb 6, 2026; $15M BNP facility, secured by pledged securities, undrawn. Futures and swaps in the new equity strategy add exposure outside this limit.

Strategy Risk/Return Profile

Managing Broker-Dealer

UBS Securities LLC

Scale

3,646,392 Common shares outstanding · 3,464,427 Common shares outstanding (proxy record date)

Maximum Offering

$150,000,000

Strategy Overview

The Fund's stated objective is a high level of current income; effective October 27, 2026 it changes to total return through income and capital appreciation. The prospectus states the Fund invests in credit instruments and in securities of specialty finance and other financial companies, including BDCs, REITs, SPACs, closed-end funds and private funds, of any maturity and credit quality. At June 30, 2026, 93% of the portfolio was Square small business loans. The Fund ended the Square loan program July 1, 2026 and is moving into an Enhanced Equity strategy: broad U.S. equity exposure through index futures and swaps, plus pre-merger SPACs.

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