RiverFront Strategic Income Fund (NYSEARCA:RIGS) Shares Down 2.4% – Here’s Why

Posted by Amy Steele on Jun 7th, 2026

RiverFront Strategic Income Fund (NYSEARCA:RIGS – Get Free Report) shares were down 2.4% on Friday . The company traded as low as $22.14 and last traded at $22.16. Approximately 4,880 shares traded hands during trading, a decline of 58% from the average daily volume of 11,662 shares. The stock had previously closed at $22.70.

RiverFront Strategic Income Fund Trading Down 2.4%

The company has a 50-day moving average price of $22.83 and a 200-day moving average price of $23.01.

Institutional Investors Weigh In On RiverFront Strategic Income Fund

An institutional investor recently raised its position in RiverFront Strategic Income Fund stock. Janney Montgomery Scott LLC grew its holdings in shares of RiverFront Strategic Income Fund (NYSEARCA:RIGS – Free Report) by 7.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,378 shares of the company’s stock after purchasing an additional 3,550 shares during the period. Janney Montgomery Scott LLC owned approximately 1.75% of RiverFront Strategic Income Fund worth $1,151,000 as of its most recent filing with the Securities and Exchange Commission.

RiverFront Strategic Income Fund Company Profile

(Get Free Report)

The RiverFront Strategic Income Fund (RIGS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed global fixed-income portfolio that invests in various types of fixed-income securities without currency limitation. RIGS was launched on Oct 9, 2013 and is managed by RiverFront.