# EDGAR Filing Document

**Accession Number:** 0001644771
**File Stem:** 0001398344-26-004639
**Filing Date:** 2026-3
**Character Count:** 828622
**Document Hash:** 1e58fdcd3c5d8ae071cac2c3fa83e5d7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-26-004639.hdr.sgml**: 20260306

**ACCESSION NUMBER**: 0001398344-26-004639

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 20

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260306

**DATE AS OF CHANGE**: 20260306

**EFFECTIVENESS DATE**: 20260306

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RiverNorth Capital & Income Fund, Inc.
- **CENTRAL INDEX KEY:** 0001644771

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23067
- **FILM NUMBER:** 26729186

**BUSINESS ADDRESS:**
- **STREET 1:** 360 S. ROSEMARY AVE
- **STREET 2:** SUITE 1420
- **CITY:** WEST PALM BEACH
- **STATE:** FL
- **ZIP:** 33401
- **BUSINESS PHONE:** 312-832-1440

**MAIL ADDRESS:**
- **STREET 1:** 360 S. ROSEMARY AVE
- **STREET 2:** SUITE 1420
- **CITY:** WEST PALM BEACH
- **STATE:** FL
- **ZIP:** 33401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverNorth Capital & Income Fund
- **DATE OF NAME CHANGE:** 20221125

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverNorth Specialty Finance Corp
- **DATE OF NAME CHANGE:** 20200415

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverNorth Marketplace Lending Corp
- **DATE OF NAME CHANGE:** 20150610

?xml version='1.0' encoding='ASCII'?

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**FORM N-CSR**

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

<u>811-23067</u>

(Investment Company Act File Number)

<u>RiverNorth Capital and Income Fund, Inc.</u>

(Exact Name of Registrant as Specified in Charter)

360 South Rosemary Avenue, Suite 1420

<u>West Palm Beach, FL 33401</u>

(Address of Principal Executive Offices)

Marcus L. Collins, Esq.

RiverNorth Capital Management, LLC

360 South Rosemary Avenue, Suite 1420

<u>West Palm Beach, FL 33401</u>

(Name and Address of Agent for Service)

<u>(561) 484-7185</u>

(Registrant's Telephone Number)

Date of Fiscal Year End: <u>June 30</u>

Date of Reporting Period: <u>December 31, 2025</u>

**Item 1.** **Reports to Stockholders.**

(a) ![](fp0097754-1_01.jpg)

RiverNorth Capital and Income Fund, Inc.

**Table of Contents**

---

| | |
|:---|:---|
| Performance Overview | 2 |
| Summary Schedule of Investments | 5 |
| Statement of Assets and Liabilities | 9 |
| Statement of Operations | 10 |
| Statements of Changes in Net Assets | 11 |
| Statement of Cash Flows | 12 |
| Financial Highlights | 14 |
| Notes to Financial Statements | 17 |
| Dividend Reinvestment Plan | 29 |
| Additional Information | 31 |
| Consideration and Approval of Advisory Agreement | 32 |

---

RiverNorth Capital and Income Fund, Inc.

Performance Overview *December 31, 2025 (Unaudited)*

**WHAT IS THE FUND'S INVESTMENT STRATEGY?**

The investment objective of the RiverNorth Capital and Income Fund, Inc. ("the Fund") is to seek a high level of current income. The Fund seeks to achieve its investment objective by investing in credit instruments, including a portfolio of securities of specialty finance and other financial companies that the Fund's investment adviser, RiverNorth Capital Management, LLC (the "Adviser") believes offer attractive opportunities for income. The Fund may invest in income-producing securities of any maturity and credit quality, including below investment grade, and equity securities, including exchange-traded funds and registered closed-end funds.

**HOW DID THE FUND PERFORM RELATIVE TO ITS BENCHMARK DURING THE PERIOD?**

**PERFORMANCE** *as of December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Cumulative** | **Annualized** | **Annualized** | **Annualized** | **Annualized** |
| <br>**TOTAL RETURN<sup>(1)</sup>** | **6 Months** | **1 Year** | **3 Year** | **5 Year** | **Since<br> Inception<sup>(2)</sup>** |
| RiverNorth Capital and Income Fund, Inc. - NAV<sup>(3)</sup> | 2.02% | 4.14% | 6.68% | 6.82% | 4.70% |
| RiverNorth Capital and Income Fund, Inc. - Market Price<sup>(4)(6)</sup> | 4.29% | 3.70% | 5.51% | 8.03% | 4.49% |
| Bloomberg U.S. Aggregate Bond Index<sup>(5)</sup> | 3.15% | 7.30% | 4.66% | -0.36% | 1.56% |

---

<sup>(1)</sup> *Total returns assume reinvestment of all distributions.*

<sup>(2)</sup> *The Fund commenced operations on September 22, 2016.*

<sup>(3)</sup> *Performance returns are net of management fees and other Fund expenses.*

<sup>(4)</sup> *Market price is the value at which the Fund trades on an exchange. This market price can be more or less than its net asset value ("NAV").*

<sup>(5)</sup> *The index is an unmanaged index of investment grade fixed-rate debt issues with maturities of at least one year. The index cannot be invested in directly and does not reflect fees and expenses.*

<sup>(6)</sup> *The Fund began trading on the New York Stock Exchange ("NYSE") on June 12, 2019 under the ticker symbol RSF. Formerly, the Fund was known as RMPLX and was purchased directly. Market price returns are a blend of the NAV return until June 11, 2019 combined with the market price return thereafter.*

 

*Effective as of May 22, 2020, the Fund changed its investment strategy from, under normal market conditions, investing at least 80% of its Managed Assets in marketplace lending investments to, under normal market conditions, investing directly or indirectly in credit instruments, including a portfolio of securities of specialty finance and other financial companies that the Adviser believes offer attractive opportunities for income.*

***The total annual expense ratio as a percentage of net assets attributable to common shares for the six months ended December 31, 2025 was 2.06% (excluding interest expense on loan payable and dividends to redeemable preferred stock). Including interest expense on loan payable and dividends to redeemable preferred stock, the expense ratio was 3.64% for the six months ended December 31, 2025.***

***Performance data quoted represents past performance, which is not a guarantee of future results. Current performance may be lower or higher than the performance quoted. The principal value and investment return of an investment will fluctuate so that your shares may be worth more or less than their original cost. You can obtain performance data current to the most recent month-end by calling 844.569.4750. Total return measures net investment income and capital gain or loss from portfolio investments. All performance shown assumes reinvestment of dividends and capital gains distributions but does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares. Other fees and expenses are applicable to an investment in this Fund.***

2 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Performance Overview *December 31, 2025 (Unaudited)*

**GROWTH OF A HYPOTHETICAL $10,000 INVESTMENT**

The graph below illustrates the growth of a hypothetical $10,000 investment assuming the purchase of common shares at the NAV of $25.00 on September 22, 2016 (commencement of operations) and tracking its progress through December 31, 2025.

![](fp0097754-1_02.jpg)

*Past performance does not guarantee future results. Performance will fluctuate with changes in market conditions. Current performance may be lower or higher than the performance data shown. Performance information does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares. An investment in the Fund involves risk, including loss of principal.*

**TOP TEN HOLDINGS\*** *as of December 31, 2025*

---

| | |
|:---|:---|
| | **% of Net Assets** |
| Oaktree Specialty Lending Corp. | 1.83% |
| Allspring Income Opportunities Fund | 0.10% |
| Kodiak AI, Inc. | 0.08% |
| CN Healthy Food Tech Group Corp. | 0.03% |
| Haymaker Acquisition Corp. 4 | 0.02% |
| Trailblazer Merger Corp. I | 0.01% |
| CH Auto, Inc. | 0.01% |
| ESH Acquisition Corp. | 0.01% |
| GP-Act III Acquisition Corp. | 0.01% |
| Aimei Health Technology Co., Ltd. | 0.01% |
|  | 2.11% |

---

 

*\** *Holdings are subject to change and exclude short-term investments.*

Semi-Annual Report \| December 31, 2025 3

RiverNorth Capital and Income Fund, Inc.

Performance Overview *December 31, 2025 (Unaudited)*

**ASSET ALLOCATION** *as of December 31, 2025^*

![](fp0097754-1_03.jpg)

*<sup>^</sup> Holdings are subject to change.*

*Percentages are based on total investments of the Fund and do not include derivatives.*

4 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Summary Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **CLOSED-END FUNDS (0.10%)** | **CLOSED-END FUNDS (0.10%)** | |
| **United States (0.10%)** | **United States (0.10%)** |  |
| 9528 | Allspring Income Opportunities Fund | $64600 |
| **TOTAL CLOSED-END FUNDS** | **TOTAL CLOSED-END FUNDS** |  |
| **(Cost $53,119)** | **(Cost $53,119)** | **64600** |
| **SPECIAL PURPOSE ACQUISITION COMPANIES (0.04%)** | **SPECIAL PURPOSE ACQUISITION COMPANIES (0.04%)** |  |
| **Great Britain (0.00%)** | **Great Britain (0.00%)** |  |
| 1103 | Akari Therapeutics PLC<sup>(a)</sup> | 319 |
| **United States (0.03%)** | **United States (0.03%)** |  |
| 2775 | CN Healthy Food Tech Group Corp.<sup>(a)</sup> | 15292 |
| **China (0.01%)** | **China (0.01%)** |  |
| 1533 | CH Auto, Inc.<sup>(a)</sup> | 5758 |
| **TOTAL SPECIAL PURPOSE ACQUISITION COMPANIES** | **TOTAL SPECIAL PURPOSE ACQUISITION COMPANIES** |  |
| **(Cost $12,648)** | **(Cost $12,648)** | **21369** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Shares** | **Description** | **Rate** | **Maturity** <br> **Date** | **Value** |
| **BUSINESS DEVELOPMENT COMPANY NOTES (1.83%)** | **BUSINESS DEVELOPMENT COMPANY NOTES (1.83%)** | |  | |
| **United States (1.83%)** | **United States (1.83%)** |  |  |  |
| 1100000 | Oaktree Specialty Lending Corp. | 7.100% | 02/15/29 | $1134154 |
| **TOTAL BUSINESS DEVELOPMENT COMPANY NOTES** | **TOTAL BUSINESS DEVELOPMENT COMPANY NOTES** |  |  |  |
| **(Cost $1,079,213)** | **(Cost $1,079,213)** |  |  | **1134154** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Amount** | **Description** | **Rate** | **Maturity**<br> **Date** | **Value** |
| **SMALL BUSINESS LOANS (90.47%)<sup>(b)(c)(d)(e)</sup>** | **SMALL BUSINESS LOANS (90.47%)<sup>(b)(c)(d)(e)</sup>** | |  | |
| **United States (90.47%)** | **United States (90.47%)** |  |  |  |
| $71684073 | Square | 2.19%-7.87% | 07/04/2020-06/26/2027 | $55936830 |
| **TOTAL SMALL BUSINESS LOANS** | **TOTAL SMALL BUSINESS LOANS** |  |  |  |
| **(Cost $68,824,921)** | **(Cost $68,824,921)** |  |  | **55936830** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **WARRANTS (0.17%)** | **WARRANTS (0.17%)** | |
| **United States (0.17%)** | **United States (0.17%)** |  |
| 10223 | Aimei Health Technology Co., Ltd., Strike Price $0.01, Expires 12/31/2049 | $3825 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 5

RiverNorth Capital and Income Fund, Inc.

Summary Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| 64011 | AtlasClear Holdings, Inc., Strike Price $690.00, Expires 10/25/2028 | $1434 |
| 6873 | Bayview Acquisition Corp., Strike Price $0.01, Expires 12/31/2049 | 1168 |
| 2789 | Black Hawk Acquisition Corp., Strike Price $0.01, Expires 12/31/2049 | 3542 |
| 6500 | Bowen Acquisition Corp., Strike Price $0.01, Expires 12/31/2049 | 1464 |
| 13877 | CN Healthy Food Tech Group Corp., Strike Price $11.50, Expires 02/16/2029 | 1249 |
| 20000 | Concord Acquisition Corp. II, Strike Price $11.50, Expires 12/31/2028 | 814 |
| 7168 | Corner Growth Acquisition Corp. 2, Strike Price $11.50, Expires 06/17/2026 | 252 |
| 17481 | ESH Acquisition Corp., Strike Price $10.00, Expires 12/31/2049 | 4370 |
| 22188 | Goal Acquisitions Corp., Strike Price $11.50, Expires 02/11/2026 | 2 |
| 14678 | GP-Act III Acquisition Corp., Strike Price $11.50, Expires 12/31/2027 | 3957 |
| 7625 | Haymaker Acquisition Corp. 4, Strike Price $11.50, Expires 09/12/2028 | 11819 |
| 14013 | Horizon Space Acquisition I Corp., Strike Price $11.50, Expires 01/26/2028 | 280 |
| 7036 | IB Acquisition Corp., Strike Price $0.01, Expires 12/31/2049 | 552 |
| 10471 | Jaws Mustang Acquisition Corp., Strike Price $11.50, Expires 01/30/2026 | 576 |
| 33217 | Kodiak AI, Inc., Strike Price $11.50, Expires 09/25/2030 | 50822 |
| 7108 | Legato Merger Corp. III, Strike Price $11.50, Expires 03/28/2029 | 2915 |
| 3606 | Maquia Capital Acquisition Corp., Strike Price $11.50, Expires 12/31/2027 |  |
| 8975 | Northern Revival Acquisition Corp., Strike Price $11.50, Expires 12/31/2027 | 195 |
| 22253 | OceanTech Acquisitions I Corp., Strike Price $11.50, Expires 05/10/2026 |  |
| 28667 | OSR Holdings, Inc., Strike Price $11.50, Expires 02/14/2030 | 1462 |
| 18607 | PYXIS ONCOLOGY INC WTS, Strike Price $0.01, Expires 07/29/2027 | 486 |
| 774 | Quetta Acquisition Corp., Strike Price $0.01, Expires 12/31/2049 | 395 |
| 9545 | SHF Holdings, Inc., Strike Price $11.50, Expires 09/28/2027 | 362 |

---

*See Notes to Financial Statements.*

6 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Summary Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| 31280 | Trailblazer Merger Corp. I, Strike Price $0.01, Expires 12/31/2049 | $7589 |
|  |  | 99530 |
| **Ireland (0.00%)** | **Ireland (0.00%)** |  |
| 10162 | Kalera PLC, Strike Price $1150.00, Expires 06/28/2027 | – |
| **China (0.00%)** | **China (0.00%)** |  |
| 35317 | MicroAlgo, Inc., Strike Price $11.50, Expires 12/31/2027 | 318 |
| 16593 | SunCar Technology Group, Inc., Strike Price $11.50, Expires 05/18/2028 | 597 |
| 13896 | Youlife Group, Inc., Strike Price $11.50, Expires 07/10/2030 | 1668 |
|  |  | 2583 |
| **Hong Kong (0.00%)** | **Hong Kong (0.00%)** |  |
| 10302 | MultiMetaVerse Holdings, Ltd., Strike Price $11.50, Expires 03/15/2027 | 16 |
| **Indonesia (0.00%)** | **Indonesia (0.00%)** |  |
| 6650 | Polibeli Group, Ltd., Strike Price $11.50, Expires 06/23/2030 | 620 |
| **Singapore (0.00%)** | **Singapore (0.00%)** |  |
| 6487 | RF Acquisition Corp. II, Strike Price $0.01, Expires 01/01/2049 | 778 |
| **TOTAL WARRANTS** | **TOTAL WARRANTS** |  |
| **(Cost $170,404)** | **(Cost $170,404)** | **103527** |

---

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENTS (7.33%)** | **SHORT-TERM INVESTMENTS (7.33%)** | |
| **Money Market Fund (7.33%)** | **Money Market Fund (7.33%)** | |
| 4531942 | State Street Institutional Treasury Money Market Fund Premier Class (7 Day Yield 3.71%) | 4531942 |
| **TOTAL SHORT-TERM INVESTMENTS** | **TOTAL SHORT-TERM INVESTMENTS** |  |
| **(Cost $4,531,942)** | **(Cost $4,531,942)** | **4531942** |
| **TOTAL INVESTMENTS (99.94%)** | **TOTAL INVESTMENTS (99.94%)** |  |
| **(Cost $74,672,247)** | **(Cost $74,672,247)** | $**61792422** |
| **Other Assets In Excess Of Liabilities (0.06%)** | **Other Assets In Excess Of Liabilities (0.06%)** | **34471** |
| **NET ASSETS (100.00%)** | **NET ASSETS (100.00%)** | $**61826893** |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 7

RiverNorth Capital and Income Fund, Inc.

Summary Schedule of Investments *December 31, 2025 (Unaudited)*

<sup>(a)</sup> *Non-income producing security.*

<sup>(b)</sup> *Fair Valued by the Adviser using a discounted cash flow (DCF) methodology.*

<sup>(c)</sup> *Loans are issued at discounts and do not have a stated interest rate. Rate indicated based on projected future cash flows and an implied 18-month final maturity. Actual yield and maturity is dependent on timing of future payments.*

<sup>(d)</sup> *Security may be deemed restricted to resale to institutional investors. As of December 31, 2025, the aggregate fair value of these securities was $55,936,830, representing 90.47% of net assets.*

<sup>(e)</sup> *Contains past-due loans. A loan is deemed past-due at December 31, 2025, if the loan borrower has not made its required payment as of the most recent due date. As of December 31, 2025, $1,445,522 of whole loans were past due, which represents 2.34% of net assets.*

*See Notes to Financial Statements.*

8 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc. <br> Statement of Assets and Liabilities *December 31, 2025 (Unaudited)*

---

| | |
|:---|:---|
| **ASSETS:** |  |
| Investments in securities: |  |
| &nbsp;&nbsp;&nbsp;At cost | $74672247 |
| &nbsp;&nbsp;&nbsp;At value | $61792422 |
| Receivable for principal repayments | 354472 |
| Interest receivable | 29905 |
| Dividends receivable | 10935 |
| Deferred offering costs | 377655 |
| Prepaid and other assets | 147 |
| **Total Assets** | 62565536 |
| **LIABILITIES:** |  |
| Payable for credit agreement fees | 5167 |
| Payable for distributions to shareholders | 548198 |
| Payable to Adviser, net of waiver | 36024 |
| Payable to fund accounting and administration | 17273 |
| Payable to transfer agency | 14306 |
| Payable for compliance fees | 6914 |
| Payable for custodian fees | 12198 |
| Payable for audit fees | 50039 |
| Other payables | 48524 |
| **Total Liabilities** | 738643 |
| **Net Assets** | $61826893 |
| **NET ASSETS CONSIST OF:** |  |
| Paid-in capital | $88523091 |
| Total distributable earnings (accumulated deficit) | (26696198) |
| **Net Assets** | $61826893 |
| **PRICING OF SHARES:** |  |
| Net Assets | $61826893 |
| Shares of common stock outstanding (40,000,000 of shares authorized, at $0.0001 par value per share) | 4039779 |
| Net asset value per share | $15.30 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 9

RiverNorth Capital and Income Fund, Inc.

Statement of Operations *For the Six Months Ended December 31, 2025 (Unaudited)*

---

| | |
|:---|:---|
| **INVESTMENT INCOME:** | |
| Interest Income | $5246833 |
| Dividend Income | 136538 |
| **Total Investment Income** | 5383371 |
| **EXPENSES:** |  |
| Loan service fees | 501014 |
| Investment Adviser fee | 395479 |
| Accounting and Administration fees | 87927 |
| Legal expenses | 76745 |
| Director expenses | 65458 |
| Audit expenses | 40339 |
| Interest expense on loan payable | 35784 |
| Printing expenses | 35070 |
| Valuation expenses | 30146 |
| Transfer agent expenses | 28077 |
| Custodian fees | 12969 |
| Compliance expense | 11251 |
| Insurance fee | 180 |
| Other expenses | 19789 |
| **Total expenses before reimbursement** | 1340228 |
| Expenses reimbursed by Investment Adviser | (183094) |
| **Net expenses** | 1157134 |
| **Net Investment Income** | 4226237 |
| **REALIZED AND UNREALIZED GAIN/(LOSS):** |  |
| Net realized gain/(loss) on: |  |
| &nbsp;&nbsp;&nbsp;Investments | (3391454) |
| Net realized loss | (3391454) |
| Net change in unrealized depreciation on: |  |
| &nbsp;&nbsp;&nbsp;Investments | 2171868 |
| Net change in unrealized depreciation | 2171868 |
| **Net Realized and Unrealized Loss on Investments** | (1219586) |
| **Net Increase in Net Assets Resulting from Operations** | $3006651 |

---

*See Notes to Financial Statements.*

10 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Statements of Changes in Net Assets

---

| | | |
|:---|:---|:---|
| | **For the**<br> **Six Months Ended**<br> **December 31, 2025**<br> **(Unaudited)** | **For the**<br> **Year Ended**<br> **June 30, 2025** |
| **NET INCREASE/(DECREASE) IN NET ASSETS FROM OPERATIONS:** |  |  |
| Net investment income | $4226237 | $6883617 |
| Net realized gain/(loss) | (3391454) | 3317566 |
| Long-term capital gains from other investment companies |  | 14809 |
| Net change in unrealized depreciation | 2171868 | (6675902) |
| **Net increase in net assets resulting from operations** | 3006651 | 3540090 |
| **DISTRIBUTIONS TO SHAREHOLDERS:** |  |  |
| From distributable earnings | (3375609) | (5927184) |
| **Net decrease in net assets from distributions to shareholders** | (3375609) | (5927184) |
| **CAPITAL SHARE TRANSACTIONS:** |  |  |
| Proceeds from shares sold, net of offering costs | 15900950 |  |
| Cost of shares redeemed | (6089856) | (12367650) |
| **Net increase/(decrease) in net assets from capital share transactions** | 9811094 | (12367650) |
| **Net Increase/(Decrease) in Net Assets** | 9442136 | (14754744) |
| **NET ASSETS:** |  |  |
| Beginning of period | 52384757 | 67139501 |
| End of period | $61826893 | $52384757 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 11

RiverNorth Capital and Income Fund, Inc.

Statement of Cash Flows *For the Six Months Ended December 31, 2025 (Unaudited)*

---

| | |
|:---|:---|
| **CASH FLOWS FROM OPERATING ACTIVITIES:** |  |
| Net increase in net assets resulting from operations | $3006651 |
| Adjustments to reconcile net decrease in net assets from operations to net cash provided by operating activities: |  |
| Purchases of investment securities | (73142256) |
| Proceeds from disposition and paydowns on investment securities | 62074658 |
| Amortization of premium and accretion of discount on investments, net | (2908) |
| Net purchases of short-term investment securities | (330611) |
| Net realized (gain)/loss on: |  |
| &nbsp;&nbsp;&nbsp;Investments | 3391454 |
| Net change in unrealized appreciation/depreciation on: |  |
| &nbsp;&nbsp;&nbsp;Investments | (2171868) |
| (Increase)/Decrease in assets: |  |
| &nbsp;&nbsp;&nbsp;Interest receivable | 71 |
| &nbsp;&nbsp;&nbsp;Dividends receivable | 7830 |
| &nbsp;&nbsp;&nbsp;Deferred offering costs | 133 |
| &nbsp;&nbsp;&nbsp;Receivable for principal repayments | (33444) |
| &nbsp;&nbsp;&nbsp;Prepaid and other assets | 9886 |
| Increase/(Decrease) in liabilities: |  |
| &nbsp;&nbsp;&nbsp;Payable for credit agreement fees | 5167 |
| &nbsp;&nbsp;&nbsp;Payable to transfer agency | 2868 |
| &nbsp;&nbsp;&nbsp;Payable to Adviser | 32470 |
| &nbsp;&nbsp;&nbsp;Payable to fund accounting and administration | (2355) |
| &nbsp;&nbsp;&nbsp;Payable for audit fees | 30039 |
| &nbsp;&nbsp;&nbsp;Payable for compliance fees | 1819 |
| &nbsp;&nbsp;&nbsp;Payable for custodian fees | 214 |
| &nbsp;&nbsp;&nbsp;Other payables | (5178) |
| **Net cash used in operating activities** | $(7125360) |
| **CASH FLOWS FROM FINANCING ACTIVITIES:** |  |
| Shares redeemed | $(6089856) |
| Proceeds from sale of capital shares | 15900950 |
| Cash distributions paid | (2827411) |
| **Net cash provided by financing activities** | $6983683 |
| **Net decrease in cash** | $(141677) |
| **Cash, beginning of period** | $141677 |
| **Cash, end of period** | $– |

---

 

*See Notes to Financial Statements.*

12 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Statement of Cash Flows *For the Six Months Ended December 31, 2025 (Unaudited)*

---

| | |
|:---|:---|
| **SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:** | **SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:** |
| Cash paid for interest expense and fees for line of credit | $30617 |
| **Reconciliation of restricted and unrestricted cash at the beginning of period to the statement of assets and liabilities:** | **Reconciliation of restricted and unrestricted cash at the beginning of period to the statement of assets and liabilities:** |
| Cash | $141677 |
| **Reconciliation of restricted and unrestricted cash at the end of the period to the statement of assets and liabilities:** | **Reconciliation of restricted and unrestricted cash at the end of the period to the statement of assets and liabilities:** |
| Cash | $– |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 13

RiverNorth Capital and Income Fund, Inc.

Financial Highlights *For a share outstanding throughout the periods presented*

---

| |
|:---|
| Net asset value - beginning of period |
| **Income/(loss) from investment operations:** |
| Net investment income<sup>(a)</sup> |
| Net realized and unrealized gain/(loss) |
| &nbsp;&nbsp;&nbsp;Total income/(loss) from investment operations |
| **Less distributions:** |
| From net investment income |
| From tax return of capital |
| &nbsp;&nbsp;&nbsp;Total distributions |
| **Capital share transactions:** |
| Dilutive effect of rights offering |
| Common share offering costs charged to paid-in capital |
| &nbsp;&nbsp;&nbsp;Total capital share transactions |
| Net increase/(decrease) in net asset value |
| Net asset value - end of period |
| Market price - end of period |
| **Total Return<sup>(c)</sup>** |
| **Total Return - Market Price<sup>(c)</sup>** |
| **Supplemental Data:** |
| Net assets, end of period(in thousands) |
| Ratio of expenses to average net assets excluding fee waivers, reimbursements and recoupments<sup>(e)</sup> |
| Ratio of expenses to average net assets including fee waivers, reimbursements and recoupments<sup>(e)(g)</sup> |
| Ratio of net investment income to average net assets excluding fee waivers, reimbursements and recoupments |
| Ratio of net investment income to average net assets including fee waivers, reimbursements and recoupments |
| **Portfolio turnover rate** |
| Loan payable (in thousands) |
| Asset coverage per $1,000 of loan payable<sup>(h)</sup> |
| Payable for preferred stock, end of period (in thousands) |
| Asset coverage of Preferred Stock<sup>(i)</sup> |
| Involuntary liquidating preference per unit of Series A Cumulative Preferred Stock |
| Average market value per unit of Series A Cumulative Preferred Stock |

---

14 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Financial Highlights *For a share outstanding throughout the periods presented*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **For the**<br> **Six Months**<br> **Ended**<br> **December 31, 2025**<br> **(Unaudited)** | **For the**<br> **Year Ended**<br> **June 30, 2025** | **For the**<br> **Year Ended**<br> **June 30, 2024** | **For the**<br> **Year Ended**<br> **June 30, 2023** | **For the**<br> **Year Ended**<br> **June 30, 2022** | **For the**<br> **Year Ended**<br> **June 30, 2021** |
| $15.81 | $16.51 | $16.67 | $18.01 | $20.05 | $17.45 |
| 1.03 | 1.92 | 1.74 | 1.52 | 1.35 | 1.32 |
| (0.27) | (0.97) | 0.22 | (0.53) | (1.48) | 3.07 |
| 0.76 | 0.95 | 1.96 | 0.99 | (0.13) | 4.39 |
| (0.81) | (1.65) | (1.69) | (1.48) | (1.54) | (0.98) |
| – | – | – | (0.37) | (0.37) | (0.81) |
| (0.81) | (1.65) | (1.69) | (1.85) | (1.91) | (1.79) |
| (0.46)<sup>(b)</sup> |  | (0.43)<sup>(b)</sup> | (0.48)<sup>(b)</sup> |  |  |
| – | – | – | – | – | – |
| (0.46) | – | (0.43) | (0.48) | – | – |
| (0.51) | (0.70) | (0.16) | (1.34) | (2.04) | 2.60 |
| $15.30 | $15.81 | $16.51 | $16.67 | $18.01 | $20.05 |
| $14.36 | $14.55 | $15.36 | $15.42 | $18.03 | $19.90 |
| 2.02 %<sup>(d)</sup> | 5.98% | 9.62% | 3.02% | (0.86%) | 27.87% |
| 4.29 %<sup>(d)</sup> | 5.52% | 10.97% | (4.45 %) | –% | 49.13% |
| $61827 | $52385 | $67140 | $66777 | $66861 | $91378 |
| 4.22 %<sup>(f)</sup> | 6.94% | 10.19% | 9.09% | 7.72% | 6.54% |
| 3.64 %<sup>(f)</sup> | 6.38% | 9.71% | 8.91% | 7.74% | 6.65% |
| 12.72 %<sup>(f)</sup> | 11.19% | 9.98% | 8.64% | 6.89% | 7.34% |
| 13.30 %<sup>(f)</sup> | 11.75% | 10.45% | 8.82% | 6.87% | 7.24% |
| 111 %<sup>(d)</sup> | 160% | 136% | 172% | 130% | 138% |
| $– | $– | $7500 | $1000 | $– | $11500 |
|  |  | 15430 | 109177 |  | 12546 |
| $– | $– | $41400 | $41400 | $41400 | $41400 |
|  |  | 66 | 65 | 65 | 80 |
|  |  | 25.00 | 25.00 | 25.00 | 25.00 |
|  |  | 25.00 | 25.00 | 25.42 | 25.25 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 15

RiverNorth Capital and Income Fund, Inc.

Financial Highlights *For a share outstanding throughout the periods presented*

<sup>(a)</sup> *Based on average shares outstanding during the period.*

<sup>(b)</sup> *Represents the impact of the Fund's rights offering of 1,105,000, 949,525, and 1,047,000 shares in July 2025, April 2024, and January 2023, respectively, at a subscription price per share based on a formula. For more details please refer to Note 12 of the Notes to Financial Statements.*

<sup>(c)</sup> *Total investment return is calculated assuming a purchase of common shares at the opening on the first day and a sale at closing on the last day of each period reported. For purposes of the Total Return calculations, dividends and distributions, if any, are assumed to be reinvested at NAV. For purposes of the Total Return-Market Price calculation, dividends and distributions, if any, are assumed to be reinvested at prices obtained under the Fund's dividend reinvestment plan. Total investment returns do not reflect brokerage commissions, if any. Total return on Market Price does not reflect any sales load paid by investors. Periods less than one year are not annualized.*

<sup>(d)</sup> *Not annualized.*

<sup>(e)</sup> *The ratios exclude the impact of income and expenses of the underlying funds in which the Fund invests as represented in the Schedule of Investments.*

<sup>(f)</sup> *Annualized.*

<sup>(g)</sup> *Ratio includes leverage expenses and loan service fees of 1.58%, 3.84%, 6.28%, 5.65%, 4.69% and 3.75%, respectively, that are outside the expense limit.*

<sup>(h)</sup> *Calculated by subtracting the Fund's total liabilities (excluding the debt balance and accumulated unpaid interest) from the Fund's total assets and dividing by the outstanding debt balance.*

<sup>(i)</sup> *The asset coverage ratio for a class of senior securities representing stock is calculated as the Fund's total assets, less all liabilities and indebtedness not represented by the Fund's senior securities, divided by secured senior securities representing indebtedness plus the aggregate of the involuntary liquidation preference of secured senior securities which are stock. With respect to the Preferred Stock, the asset coverage per unit figure is expressed in terms of dollar amounts per share of outstanding Preferred Stock (based on liquidation preference of $25).*

16 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

1. ORGANIZATION

RiverNorth Capital and Income Fund, Inc. (the "Fund") was organized as a Maryland corporation on June 9, 2015, and is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as a diversified closed-end management investment company. The investment adviser to the Fund is RiverNorth Capital Management, LLC (the "Adviser").

The Fund is operated as an interval fund under Rule 23c-3 of the 1940 Act. As an interval fund, the Fund has adopted a fundamental policy to conduct quarterly repurchase offers for at least 5% and up to 25% of the outstanding shares at net asset value ("NAV"), subject to certain conditions. The Fund will not otherwise be required to repurchase or redeem shares at the option of a shareholder. It is possible that a repurchase offer may be oversubscribed, in which case shareholders may only have a portion of their shares repurchased.

Effective as of June 12, 2019, the Fund listed its common shares on the New York Stock Exchange ("NYSE") under the ticker symbol "RSF".

The investment objective of the Fund is to seek a high level of current income. Under normal market conditions, the Fund seeks to achieve its investment objective by investing in credit instruments, including a portfolio of securities of specialty finance and other financial companies that the Adviser believes offer attractive opportunities for income.

2. SIGNIFICANT ACCOUNTING POLICIES

The following is a summary of significant accounting policies followed by the Fund. These policies are in conformity with generally accepted accounting principles in the United States of America ("GAAP"). The financial statements are prepared in accordance with GAAP, which requires management to make estimates and assumptions that affect the reported amounts and disclosures, including the disclosure of contingent assets and liabilities, in the financial statements during the reporting period. Management believes the estimates and security valuations are appropriate; however, actual results may differ from those estimates, and the security valuations reflected in the financial statements may differ from the value the Fund ultimately realizes upon sale of the securities. The Fund is considered an investment company for financial reporting purposes under GAAP and follows the accounting and reporting guidance applicable to investment companies as codified in Accounting Standards Codification ("ASC") Topic 946 – Financial Services – *Investment Companies*. The financial statements have been prepared as of the close of the NYSE on December 31, 2025.

**Common Share Valuation:** The NAV is generally calculated as of the close of trading on the NYSE (normally 4:00 p.m. Eastern Time) every day the NYSE is open. The NAV is calculated by dividing the value of all of the securities and other assets of the Fund, less the liabilities (including accrued expenses and indebtedness), by the total number of common shares outstanding.

**Federal Income Taxes:** The Fund makes no provision for federal income tax. The Fund intends to continue to qualify each year as a "regulated investment company" ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "IRC"). In order to qualify as a RIC, the Fund must, among other things, satisfy income, asset diversification and distribution requirements. As long as it so qualifies, the Fund will not be subject to U.S. federal income tax to the extent that it distributes annually its investment company taxable income and its "net capital gain". If the Fund retains any investment company taxable income or net capital gain, it will be subject to U.S. federal income tax on the retained amount at regular corporate tax rates. In addition, if the Fund fails to qualify as a RIC for any taxable year, it will be subject to U.S. federal income tax on all of its income and gains at regular corporate tax rates.

Semi-Annual Report \| December 31, 2025 17

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

As of and during the six months ended December 31, 2025, the Fund did not have a liability for any unrecognized tax benefits. The Fund files U.S. federal, state, and local tax returns as required. The Fund's tax returns are subject to examination by the relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return for federal purposes and four years for most state returns. Tax returns for open years have incorporated no uncertain tax positions that require a provision for income taxes.

The Fund recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expenses on the Statement of Operations. During the six months ended December 31, 2025, the Fund did not incur any interest or penalties.

**Security Valuation:** The Fund's investments are valued at fair value as further described in Note 3.

**Distributions to Shareholders:** Distributions to shareholders, which are determined in accordance with income tax regulations, are recorded on the ex-dividend date. The treatment for financial reporting purposes of distributions made to shareholders during the year from net investment income or net realized capital gains may differ from their ultimate treatment for federal income tax purposes. These differences are caused primarily by differences in the timing or character of recognition of certain components of income, expense or realized capital gain for federal income tax purposes. Where such differences are permanent in nature, they are reclassified in the components of the net assets based on their ultimate characterization for federal income tax purposes. Any such reclassification has no effect on net assets, results of operations or NAVs per share of the Fund.

The Fund maintains a level distribution policy. The Fund distributes to common shareholders regular monthly cash distributions of its net investment income. In addition, the Fund distributes its net realized capital gains, if any, at least annually. Any amounts received in excess of a common shareholder's basis are generally treated as capital gain, assuming the shares are held as capital assets. The Board approved the implementation of the level distribution policy to make monthly cash distributions to common shareholders. The Fund made monthly distributions to common shareholders set at a level monthly rate of $0.1357 per common share for the period from July 1, 2025 to December 31, 2025.

**Return Of Capital Distributions**: At times, to maintain a stable level of distributions, the Fund may pay out less than all of its net investment income or pay out accumulated undistributed income, or return of capital, in addition to current net investment income. Any distribution that is treated as a return of capital generally will reduce a common shareholder's basis in his or her shares, which may increase the capital gain or reduce the capital loss realized upon the sale of such shares.

18 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

**Investment Income:** Dividend income is recorded on the ex-dividend date. Interest income is recognized on an accrual basis to the extent that such amounts are expected to be collected and include amortization/ accretion of premiums or discounts.

**Investment Transactions:** The Fund follows industry practice and records security transactions on the trade date basis. The specific identification method is used for determining gains or losses for financial statements and income tax purposes.

**Cash Balance:** The Fund places its cash on deposit with financial institutions in the United States, which are insured by the Federal Deposit Insurance Corporation ("FDIC") up to $250,000. The Fund's credit risk in the event of failure of these financial institutions is represented by the difference between the FDIC limit and the total amounts on deposit. Management monitors the financial institutions' creditworthiness in conjunction with balances on deposit to minimize risk. The Fund from time to time may have amounts on deposit in excess of the insured limits.

**Other:** The Fund holds certain investments which pay dividends to their shareholders based upon available funds from operations. It is possible for these dividends to exceed the underlying investments' taxable earnings and profits resulting in the excess portion of such dividends being designated as a return of capital. Distributions received from investments in securities that represent a return of capital or long-term capital gains are recorded as a reduction of the cost of investments or as a realized gain, respectively.

3. SECURITIES VALUATION AND FAIR VALUE MEASUREMENTS

Fair value is defined as the price that the Fund might reasonably expect to receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes.

Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk, for example, the risk inherent in a particular valuation technique used to measure fair value including using such a pricing model and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances.

Semi-Annual Report \| December 31, 2025 19

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels listed below.

---

| | |
|:---|:---|
| **Level 1** – | Unadjusted quoted prices in active markets for identical, unrestricted assets or liabilities that the Fund has the ability to access at the measurement date; |
| **Level 2** – | Quoted prices which are not active, quoted prices for similar assets or liabilities in active markets or inputs other than quoted prices that are observable (either directly or indirectly) for substantially the full term of the asset or liability; and |
| **Level 3** – | Significant unobservable prices or inputs (including the Fund's own assumptions in determining the fair value of investments) where there is little or no market activity for the asset or liability at the measurement date. |

---

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

Pursuant to the requirements of Rule 2a-5 under the 1940 Act, the Board of Directors (the "Board") has designated the Adviser as the Fund's valuation designee to make all fair valuation determinations with respect to the Fund's portfolio investments, subject to the Board's oversight.

Small business loans, as an asset class, are not presently traded on a developed secondary market. Therefore, market quotations are not available. Accordingly, all small business loans are fair valued as determined in good faith by the Adviser, as the Fund's valuation designee, using valuation procedures approved by the Board. The Fund's holdings in small business loans are fair valued daily by the Adviser using a discounted cash flow methodology, as an income approach. Discounted cash flow is a valuation technique that provides an estimation of the fair value of an asset based on expectations about cash flows that a small business loan would generate over time. In general, the primary inputs of fair value in the small business loan valuation model are projected loss rate and adjusted discount rate. A discounted cash flow model begins with an estimation of periodic cash flows expected to be generated over a discrete period of time (generally the time remaining until maturity of the loan). The estimated cash flows for each interval period (generally monthly) are then converted to their present value equivalent using a rate of return appropriate for the risk of achieving projected cash flows. Although not exhaustive, discounted cash flow models factor in borrower level data. Loans made to small businesses may incorporate different factors.

Equity securities, including closed-end funds, special purpose acquisition companies, business development companies and business development company notes, are generally valued by using market quotations, but may be valued on the basis of prices furnished by a pricing service when the Adviser believes such prices more accurately reflect the fair market value of such securities. Securities that are traded on any stock exchange are generally valued by the pricing service at the last quoted sale price. Lacking a last sale price, an exchange traded security is generally valued by the pricing service at its mean price. Securities traded in the NASDAQ over-the-counter market are generally valued by the pricing service at the NASDAQ Official Closing Price.

20 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

The following is a summary of the inputs used at December 31, 2025 in valuing the Fund's assets and liabilities:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities at Value** | **Level 1 -**<br> **Quoted Prices** | **Level 2 -**<br> **Other Significant**<br> **Observable**<br> **Inputs** | **Level 3 -**<br> **Significant**<br> **Unobservable**<br> **Inputs** | **Total** |
| Closed-End Funds | $64600 | $– | $– | $64600 |
| Special Purpose Acquisition Companies | 319 | 21050 |  | 21369 |
| Business Development Company Notes |  | 1134154 |  | 1134154 |
| Small Business Loans |  |  | 55936830 | 55936830 |
| Warrants | 97575 | 5952 |  | 103527 |
| Short-Term Investments | 4531942 | – | – | 4531942 |
| &nbsp;&nbsp;&nbsp;Total | $4694436 | $1161156 | $55936830 | $61792422 |

---

The changes of the fair value of investments for which the Fund has used Level 3 inputs to determine the fair value are as follows:

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Asset Type** | **Balance as<br> of June<br> 30, 2025** | **Accrued <br> Discount /<br> premium** | **Return <br> of<br> Capital** | **Realized<br> Gain/(Loss)** | **Change in<br> Unrealized<br> Appreciation /<br> Depreciation** | **Purchases** | **Sales<br> Proceeds / Loans<br> Paydown** | **Transfer<br> Into / Out of<br> Level 3** | **Balance as<br> of December 31,<br> 2025** | **Net change<br> in unrealized<br> appreciation /<br> (depreciation)<br> included in the <br> Statements of<br> Operations<br> attributable<br> to Level 3<br> investments held<br> at December<br> 31, 2025** |
| Small Business Loans | $45678207 | $– | $– | $(3241708) | $2182364 | $73142256 | $(61824289) | $– | $55936830 | $(1859688) |
|  | $45678207 | $– | $– | $(3241708) | $2182364 | $73142256 | $(61824289) | $– | $55936830 | $(1859688) |

---

The table below provides additional information about the Level 3 Fair Value Measurements as of December 31, 2025:

**Quantitative Information about Level 3 Fair Value Measurements**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Class** | **Fair Value (USD)** | **Valuation<br> Technique** | **Unobservable<br> Inputs<sup>(a)</sup>** | **Value/Range<br> (Weighted Average)** |
| Small Business Loans | $55936830 | Income | Loss-Adjusted | 0.45%-31.90% |
|  |  | Approach | Discount Rate | (10.87%) |
|  |  |  | Projected | 0.00%-100.00% |
|  |  |  | Loss Rate | (19.11%) |

---

Semi-Annual Report \| December 31, 2025 21

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

 

*<sup>(a)</sup>* *A change to the unobservable input may result in a significant change to the value of the investment as follows:*

 

---

| | | |
|:---|:---|:---|
| **Unobservable Inputs** | **Impact to Value if Input Increases** | **Impact to Value if Input Decreases** |
| Loss-Adjusted Discount Rate | Decrease | Increase |
| Projected Loss Rate | Decrease | Increase |

---

4. ADVISORY FEES, DIRECTOR FEES AND OTHER AGREEMENTS

For its services under the Investment Advisory Agreement ("Advisory Agreement"), the Fund pays the Adviser a monthly management fee computed at the annual rate of 1.25% of the average monthly Managed Assets. "Managed Assets" means the total assets of the Fund, including assets attributable to leverage, minus liabilities (other than debt representing leverage and any preferred stock that may be outstanding). In addition to the monthly advisory fee, the Fund pays all other costs and expenses of its operations, including, but not limited to, compensation of its directors (other than those affiliated with the Adviser), custodial expenses, transfer agency and dividend disbursing expenses, legal fees, expenses of independent auditors, expenses of repurchasing shares, expenses of any leverage, expenses of preparing, printing and distributing prospectuses, shareholder reports, notices, proxy statements and reports to governmental agencies, and taxes, if any. For the six months ended December 31, 2025, the Adviser earned fees of $395,479, of which $36,024 remained payable at December 31, 2025. The Fund also accrued $11,251 in chief compliance officer ("CCO") fees, of which $6,914 remained payable at December 31, 2025.

In addition, the Adviser has agreed to waive or reimburse expenses of the Fund (other than brokerage fees and commissions; loan servicing fees; borrowing costs such as (i) interest and (ii) dividends on securities sold short; taxes; indirect expenses incurred by the underlying funds in which the Fund may invest; the cost of leverage; and extraordinary expenses) to the extent necessary to limit the Fund's total annual operating expenses at 1.95% of the average daily Managed Assets for that period through at least April 4, 2026. The Adviser may recover from the Fund expenses reimbursed for three years after the date of the payment or waiver if the Fund's operating expenses, including the recovered expenses, falls below the expense cap. For the six months ended December 31, 2025, the Adviser reimbursed $183,094 of expenses. In future periods, the Adviser may recoup fees as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Remaining Amount<br> to be Recouped<sup>(1)</sup><br> (Expiring by<br> June 30, 2026)** | **Remaining Amount<br> to be Recouped<sup>(1)</sup><br> (Expiring by<br> June 30, 2027)** | **Remaining<br> Amount to be<br> Recouped<sup>(1)</sup> (Expiring by<br> June 30, 2028)** | **Remaining Amount<br> to be Recouped<sup>(1)</sup><br> (Expiring by June**<br> **30, 2029)** | **Total** |
| $120783 | $295700 | $327436 | $183094 | $927013 |

---

*<sup>(1)</sup>* *Amounts to be recouped are in accordance with the expense limitation agreement, and will not cause the Fund's total operating expense ratio (excluding loan service fees and leverage costs set forth in the agreement) to exceed 1.95% of the average daily Managed Assets during the year.*

 

22 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

ALPS Fund Services, Inc. ("ALPS") provides the Fund with fund administration and fund accounting services. As compensation for its services to the Fund, ALPS receives an annual fee based on the Fund's average daily net assets, subject to certain minimums.

State Street Bank & Trust, Co. and Inspira Financial Trust, LLC serve as the Fund's custodians.

DST Systems, Inc. ("DST"), the parent company of ALPS, serves as the Transfer Agent to the Fund. Under the Transfer Agency Agreement, DST is responsible for maintaining all shareholder records of the Fund. DST is a wholly-owned subsidiary of SS&C Technologies Holdings, Inc., a publicly traded company listed on the NASDAQ Global Select Market.

The Fund pays no salaries or compensation to its officers or to any interested Director employed by the Adviser, and the Fund has no employees. For their services, the Directors of the Fund who are not employed by the Adviser, receive an annual retainer in the amount of $16,500, an additional $2,000 for attending each quarterly meeting of the Board and an additional fee of $1,500 for each special meeting of the Board. In addition, the lead Independent Director receives $1,333 annually, the Chair of the Audit Committee receives $1,111 annually and the Chair of the Nominating and Corporate Governance Committee receives $667 annually. The Directors not employed by the Adviser are also reimbursed for all reasonable out-of-pocket expenses relating to attendance at meetings of the Board.

The CCO of the Fund is an employee of the Adviser. The Fund reimburses the Adviser for certain compliance costs related to the Fund, including a portion of the CCO's compensation.

5. NEW ACCOUNTING PRONOUNCEMENTS AND RULE ISSUANCES

The Fund adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures ("ASU 2023-07"). Adoption of the new standard impacted disclosures only and did not affect the Fund's financial position nor the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by a public entity's chief operating decision maker (the "CODM") to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available. The Fund's Principal Financial Officer, acting as the Fund's CODM, has determined that the Fund has operated as a single segment since inception. The CODM monitors the operating results of the Fund, as a whole, and the Fund's long-term strategic asset allocation is pre-determined in accordance with the terms of the related Prospectus, based on the defined investment objectives and strategies that are executed by the Fund's portfolio management team. The financial information, in the form of the Fund's holdings, total returns, expense ratios, and changes in net assets (i.e., changes in net assets resulting from operations, subscriptions and redemptions) are used by the CODM to assess the Fund's performance versus the Fund's benchmark and to make resource allocation decisions for the Fund's segment, which is consistent with that presented within the Fund's financial statements. Segment assets are reflected on the Fund's Statement of Assets and Liabilities as "Total Assets" and significant segment expenses are listed on the Statement of Operations.

Semi-Annual Report \| December 31, 2025 23

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

In December 2023, the FASB issued Accounting Standards update 2023-09 ("ASU 2023-09"), Income Taxes (Topic 740) Improvements to Income Tax Disclosures, which amends quantitative and qualitative income tax disclosure requirements in order to increase disclosure consistency, bifurcate income tax information by jurisdiction and remove information that is no longer beneficial. ASU 2023-09 is effective for annual periods beginning after December 15, 2024, and early adoption is permitted. Fund Management is evaluating the impacts of these changes on the Fund's financial statements.

6. CREDIT AGREEMENT

On December 24, 2020, the Fund entered into a prime brokerage agreement for margin financing with Pershing LLC, which was amended and restated as of March 28, 2022 ("Pershing Credit Agreement"). The Pershing Credit Agreement permits the Fund to borrow funds that are collateralized by assets held in a special custody account held at State Street Bank pursuant to a Special Custody and Pledge Agreement. Borrowings under this arrangement bears interest at the overnight bank funding rate plus 75 basis points for an overnight time. During the Fund's utilization period during the six months ended December 31, 2025, the Fund's average borrowing and interest rate under the Pershing Credit Agreement were $6,165,714 and 5.43%, respectively. At December 31, 2025, there was no borrowing outstanding under the Pershing Credit Agreement.

On March 9, 2023, the Fund entered into an additional credit agreement with BNP Paribas ("BNP Credit Agreement"). The BNP Credit Agreement permits the Fund to borrow funds that are collateralized by assets held at BNP Paribas pursuant to the agreement. Under the terms of the BNP Credit Agreement, the Fund may borrow up to $15,000,000 bearing an interest rate of the Overnight Bank Funding Rate plus a fixed rate determined by the securities pledged as collateral. Any unused portion of the BNP Credit Agreement is subject to a commitment fee of 0.50% of the unused portion of the facility until a utilization of 80% or greater is met. At December 31, 2025, there was no borrowing outstanding under the BNP Credit Agreement.

7. TAX BASIS INFORMATION

It is the Fund's policy to meet the requirements of the IRC applicable to regulated investment companies, and to distribute all of its taxable net income to its shareholders. In addition, the Fund intends to pay distributions as required to avoid imposition of excise tax. Therefore, no federal income tax provision is required.

**Tax Basis of Distributions to Shareholders:** The character of distributions made during the period from net investment income or net realized gains may differ from its ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or realized gains were recorded by the Fund.

The amounts and characteristics of tax basis of distributions and composition of distributable earnings/(accumulated losses) are finalized at fiscal year-end and are not available for the six months ended December 31, 2025.

24 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

The tax character of the distributions paid by the Fund during the fiscal year ended June 30, 2025, was as follows:

---

| | |
|:---|:---|
| | **For the Fiscal Year Ended<br> June 30, 2025** |
| Ordinary Income | $5927184 |
| Ordinary Income Preferred | 804144 |
| Total Distributions | $6731328 |

---

**Unrealized Appreciation and Depreciation on Investments:** As of December 31, 2025, net unrealized appreciation/(depreciation) of investments based on federal tax costs was as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | **Gross<br> Appreciation<br> (excess of<br> value over tax)** | **Gross<br> Depreciation<br> (excess of tax<br> cost over<br> value)** | **Net Unrealized<br> Appreciation/<br> (Depreciation)** | **Cost of<br> Investments for<br> Income Tax<br> Purposes** |
| **RiverNorth Capital and Income Fund** | $143873 | $(13023698) | $(12879825) | $74672247 |

---

The difference between book and tax basis unrealized appreciation/(depreciation) for the Fund is primarily attributable to wash sales and preferred securities.

The Fund recognizes the tax benefits of uncertain tax positions only where the position is "more likely than not" to be sustained assuming examination by tax authorities. Management has analyzed the Fund's tax positions and has concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions taken on U.S. tax returns and state tax returns filed since inception of the Fund. No income tax returns are currently under examination. All tax years since commencement of operations remain subject to examination by the tax authorities in the United States. The Fund is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change materially in the next 12 months.

8. INVESTMENT TRANSACTIONS

Investment transactions for the six months ended December 31, 2025, excluding short-term investments, were as follows:

---

| | | |
|:---|:---|:---|
| **Fund** | **Purchases of<br> Securities** | **Proceeds from<br> Sales of Securities** |
| RiverNorth Capital and Income Fund | $73142256 | $62396207 |

---

Semi-Annual Report \| December 31, 2025 25

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

9. REDEEMABLE PREFERRED STOCK

The Fund had issued and outstanding 1,656,000 shares of 5.875% Series A Preferred Stock, listed under trading symbol RMPL on the NYSE, with a par value of $0.0001 per share and a liquidation preference of $25.00 per share plus accrued and unpaid dividends (whether or not declared). On October 31, 2024, the Fund redeemed all 1,656,000 outstanding shares of its 5.875% Series A Preferred Stock for a redemption price of $25.31 per share. Any unamortized deferred offering costs of Series A Preferred Stock were expensed at the date of redemption and are included in the Amortization of preferred stock and credit facility issuance cost in the Fund's Statement of Operations.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Series** | **Mandatory<br> Redemption Date** | **Fixed Rate** | **Shares<br> Redeemed** | **Shares<br> Outstanding<br> at December<br> 31, 2025** |
| Series A | October 31, 2024 | 5.875% | 1656000 |  |

---

10. INDEMNIFICATIONS

Under the Fund's organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts with service providers that may contain general indemnification clauses. The Fund's maximum exposure under those arrangements is unknown, as this would involve future claims that may be made against the Fund that have not yet occurred.

11. REPURCHASE OFFERS

Shares repurchased through quarterly repurchase offers during the six months ended December 31, 2025 and the year ended June 30, 2025 were as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Repurchase<br> Offer Date** | **Cash Payment <br> Date** | **NAV on <br> Repurchase <br> Pricing Date** | **Percentage of <br> Outstanding <br> Shares the Fund <br> Repurchased** | **Amount of <br> Shares <br> the Fund <br> Repurchased** | **Percentage of <br> Shares <br> Tendered <br> to Outstanding <br> Shares** | **Number of Shares<br> Tendered** |
| **Fiscal Year Ended 2025** | | | | | | |
| June 3, 2024 | July 5, 2024 | $16.60 | 5.00 %<sup>(a)</sup> | 202931 | 57.44% | 2335546 |
| September 3, 2024 | October 3, 2024 | $16.57 | 5.00 %<sup>(a)</sup> | 193024 | 55.14% | 2129843 |
| December 3, 2024 | January 3, 2025 | $16.30 | 5.00 %<sup>(a)</sup> | 183195 | 45.86% | 1682942 |
| March 3, 2025 | April 3, 2025 | $16.15 | 5.00 %<sup>(a)</sup> | 174273 | 44.08% | 1536885 |
| **Fiscal Year Ended 2026** |  |  |  |  |  |  |
| June 2, 2025 | July 3, 2025 | $15.97 | 5.00 %<sup>(a)</sup> | 165363 | 31.37% | 987328 |
| September 2, 2025 | October 2, 2025 | $15.42 | 5.00 %<sup>(a)</sup> | 212283 | 44.40% | 1793700 |

---

*<sup>(a)</sup>* *If shareholders tender for repurchase more than five percent (5%) of the outstanding shares of the Fund, the Fund may, but is not required to, repurchase up to an additional two percent (2%).*

 

For information regarding the repurchase offer with a repurchase offer date of December 2, 2025, see Note 13.

26 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

12. CAPITAL SHARE TRANSACTIONS

---

| | | |
|:---|:---|:---|
| | **December 31, 2025** | **June 30, 2025** |
| Shares Sold | 1105000 |  |
| Shares issued to holders in reinvestment of dividends |  |  |
| Shares repurchased from Repurchase Offer | (377646) | (753423) |
| Net increase (decrease) in shares | 727354 | (753423) |
| Shares outstanding: |  |  |
| Common shares outstanding-beginning of period | 3312425 | 4065848 |
| Common shares outstanding-end of period | 4039779 | 3312425 |

---

During the years ended June 31, 2025, June 31, 2024 and June 31, 2023, the Board approved rights offerings to participating shareholders of record who were allowed to subscribe for new common shares of the Fund. Record date shareholders received one right for each common share held on the respective record dates. For every three rights held, a holder of the rights was entitled to buy one new common share of the Fund. Record date shareholders who fully exercised all rights initially issued to them in the primary subscription were entitled to buy those common shares that were not purchased by other record date shareholders. The Fund issued new shares of common stock at 92.5% of the NAV per share on June 3, 2025, at 90.0% of NAV per share for the April 1, 2024 rights offering, and at 90.0% of NAV per share for the January 6, 2023 rights offering. Offering costs were charged to paid-in-capital upon the exercise of the rights.

The shares of common stock issued, subscription price, and offering costs for each rights offering were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Record Date** | **Expiration Date** | **Shares of<br> Common<br> Stock Issued** | **Subscription<br> Price** | **Offering<br> Costs** |
| January 6, 2023 | January 27, 2023 | 1047000 | $15.84 | $135935 |
| April 1, 2024 | April 22, 2024 | 949525 | $15.04 | $132677 |
| June 3, 2025 | July 7, 2025 | 1105000 | $14.39 | $164194 |

---

On May 20, 2025, the Fund entered into a distribution agreement with ALPS Distributors, Inc. pursuant to which the Fund may offer and sell up to 3,000,000 shares of the Fund's common stock from time to time in an "at-the-market" offering.

There were no shares issued through the at-the-market offering during the six months ended December 31, 2025.

Semi-Annual Report \| December 31, 2025 27

RiverNorth Capital and Income Fund, Inc.

Notes to Financial Statements *December 31, 2025 (Unaudited)*

13. SUBSEQUENT EVENTS

On December 2, 2025, the Fund issued a repurchase offer. On January 8, 2026, 201,763 shares were repurchased based on a NAV per share of $15.31 at January 7, 2026.

Subsequent to December 31, 2025, the Fund paid the following distributions:

---

| | | | |
|:---|:---|:---|:---|
| **Ex-Date** | **Record Date** | **Payable Date** | **Rate (per share)** |
| January 15, 2026 | January 15, 2026 | January 30, 2026 | $0.1371 |
| February 13, 2026 | February 13, 2025 | February 27, 2026 | $0.1371 |

---

Additionally, on February 6, 2026, the Fund terminated the Pershing Credit Agreement.

The Fund has performed an evaluation of subsequent events through the date the financial statements were issued and has determined that no additional items require recognition or disclosure.

28 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Dividend Reinvestment Plan *December 31, 2025 (Unaudited)*

The Fund has a dividend reinvestment plan, commonly referred to as an "opt-out" plan, (the "Plan"). Unless the registered owner ("Shareholder") of shares of common stock ("Shares") elects to receive cash by contacting DST (the "Plan Administrator"), all dividends and distributions declared on Shares will be automatically reinvested in additional Shares by the Plan Administrator for Shareholders in the Fund's Plan. Such reinvested amounts are included in the Fund's Managed Assets and, therefore, the fees paid under the Management Fee and will be higher than if such amounts had not been reinvested. Shareholders who elect not to participate in the Plan will receive all dividends and other distributions in cash paid by check mailed directly to the Shareholder of record (or, if the Shares are held in street or other nominee name, then to such nominee) by the Plan Administrator as dividend disbursing agent. Participation in the Plan is completely voluntary and may be terminated or resumed at any time without penalty by notice if received and processed by the Plan Administrator prior to the dividend record date; otherwise such termination or resumption will be effective with respect to any subsequently declared dividend or other distribution. Such notice will be effective with respect to a particular dividend or other distribution (together, a "Dividend"). Some brokers may automatically elect to receive cash on behalf of Shareholders and may reinvest that cash in additional Shares.

The Plan Administrator will open an account for each Shareholder under the Plan in the same name in which such Shareholder's Shares are registered. Whenever the Fund declares a Distribution payable in cash, non-participants in the Plan will receive cash and participants in the Plan will receive the equivalent in Shares. The Shares will be acquired by the Plan Administrator for the participants' accounts, depending upon the circumstances described below, either (i) through receipt of additional unissued but authorized Shares from the Fund or (ii) by purchase of outstanding Shares on the open market ("Open-Market Purchases") on the NYSE or elsewhere. If, on the payment date for any dividend, the closing market price plus estimated brokerage commissions per share is equal to or greater than the NAV per share, the Plan Administrator will invest the dividend amount in newly issued shares. The number of newly issued shares to be credited to each participant's account will be determined by dividing the dollar amount of the dividend by the Fund's NAV per share on the payment date. If, on the payment date for any dividend, the NAV per share is greater than the closing market value plus estimated brokerage commissions (i.e., the Fund's shares are trading at a discount), the Plan Administrator will invest the dividend amount in shares acquired in Open-Market Purchases.

In the event of a market discount on the payment date for any dividend, the Plan Administrator will have until the last business day before the next date on which the shares trade on an "ex-dividend" basis or 30 days after the payment date for such dividend, whichever is sooner, to invest the dividend amount in shares acquired in Open-Market Purchases. If, before the Plan Administrator has completed its Open-Market Purchases, the market price per share exceeds the NAV per share, the average per share purchase price paid by the Plan Administrator may exceed the NAV of the shares, resulting in the acquisition of fewer shares than if the dividend had been paid in newly issued shares on the dividend payment date. Because of the foregoing difficulty with respect to Open-Market Purchases, the Plan provides that if the Plan Administrator is unable to invest the full dividend amount in Open-Market Purchases during the purchase period or if the market discount shifts to a market premium during the purchase period, the Plan Administrator may cease making open-market purchases and may invest the uninvested portion of the dividend amount in newly issued shares at the NAV per share at the close of business on the last purchase date.

Semi-Annual Report \| December 31, 2025 29

RiverNorth Capital and Income Fund, Inc.

Dividend Reinvestment Plan *December 31, 2025 (Unaudited)*

The Plan Administrator maintains all Shareholders' accounts in the Plan and furnishes written confirmation of all transactions in the accounts, including information needed by Shareholders for tax records. Shares in the account of each Plan participant will be held by the Plan Administrator on behalf of the Plan participant, and each Shareholder proxy will include those Shares purchased or received pursuant to the Plan. The Plan Administrator will forward all proxy solicitation materials to participants and vote proxies for Shares held under the Plan in accordance with the instructions of the participants.

Beneficial owners of Shares who hold their Shares in the name of a broker or nominee should contact the broker or nominee to determine whether and how they may participate in the Plan. In the case of Shareholders such as banks, brokers or nominees which hold shares for others who are the beneficial owners, the Plan Administrator will administer the Plan on the basis of the number of Shares certified from time to time by the record Shareholder's name and held for the account of beneficial owners who participate in the Plan.

There will be no brokerage charges with respect to Shares issued directly by the Fund. The automatic reinvestment of Dividends will not relieve participants of any federal, state or local income tax that may be payable (or required to be withheld) on such Dividends. Shareholders who receive distributions in the form of Shares generally are subject to the same U.S. federal, state and local tax consequences as Shareholders who elect to receive their distributions in cash and, for this purpose, Shareholders receiving distributions in the form of Shares will generally be treated as receiving distributions equal to the fair market value of the Shares received through the plan; however, since their cash distributions will be reinvested, those Shareholders will not receive cash with which to pay any applicable taxes on reinvested distributions. Participants that request a sale of Shares through the Plan Administrator are subject to brokerage commissions.

The Fund reserves the right to amend or terminate the Plan. There is no direct service charge to participants with regard to purchases in the Plan; however, the Fund reserves the right to amend the Plan to include a service charge payable by the participants. All correspondence or questions concerning the Plan should be directed to the Plan Administrator at (844) 569-4750.

30 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Additional Information *December 31, 2025 (Unaudited)*

PROXY VOTING GUIDELINES

A description of the policies and procedures that the Fund used to determine how to vote proxies relating to portfolio securities and information regarding how the Fund voted proxies during the most recent 12-month period ended June 30, is available without charge upon request by (1) calling the Fund at (888) 848-7569 and (2) from Form N-PX filed by the Fund with the SEC on the SEC's website at www.sec.gov.

PORTFOLIO HOLDINGS DISCLOSURE POLICY

The Fund files a complete schedule of investments with the SEC for the first and third quarter of the fiscal year on Part F of Form N-PORT. The Fund's first and third fiscal quarters end on September 30 and March 31. The Form N-PORT filing must be filed within 60 days of the end of the quarter. The Fund's Forms N-PORT are available on the SEC's website at www.sec.gov. You may also obtain copies by calling the Fund at 1-888-848-7569.

STOCKHOLDER MEETING RESULTS

On September 22, 2025, the Fund held a Meeting of Stockholder to consider the proposals set forth below. The following votes were recorded:

Election of J. Wayne Hutchens as a Class II Director of the Fund.

---

| | | |
|:---|:---|:---|
| | **Shares Voted** | **% of Shares Voted** |
| For | 2452584 | 96.10% |
| Withheld | 99594 | 3.90% |
| Total | 2552178 | 100.00% |

---

Election of Jerry R. Raio as a Class II Director of the Fund.

---

| | | |
|:---|:---|:---|
| | **Shares Voted** | **% of Shares Voted** |
| For | 2503019 | 98.07% |
| Withheld | 49159 | 1.93% |
| Total | 2552178 | 100.00% |

---

Election of David M. Swanson as a Class III Director of the Fund.

---

| | | |
|:---|:---|:---|
| | **Shares Voted** | **% of Shares Voted** |
| For | 2503019 | 98.07% |
| Withheld | 49159 | 1.93% |
| Total | 2552178 | 100.00% |

---

Semi-Annual Report \| December 31, 2025 31

RiverNorth Capital and Income Fund, Inc.

Consideration and Approval of Advisory Agreement *December 31, 2025 (Unaudited)*

**Consideration of the Advisory Agreement**

At an in-person meeting (the "Meeting") of the Board of Directors (the "Board" or the "Directors") of the RiverNorth Capital and Income Fund, Inc. (the "Fund") held on November 11-12, 2025 and called expressly for that purpose, the Board, including a majority of the Directors who are not "interested persons" (as defined in the Investment Company Act of 1940, as amended) (the "Independent Directors"), considered the renewal of the advisory agreement between RiverNorth Capital Management, LLC (the "Adviser") and the Fund (the "Advisory Agreement"). In its consideration of the Advisory Agreement, the Board considered information and materials furnished by the Adviser in advance of and at the Meeting and was afforded the opportunity to request additional information and to ask questions of the Adviser to obtain information that it believed to be reasonably necessary to evaluate the terms of the Advisory Agreement. The Board received materials compiled by the Adviser and the Fund's administrator, including a copy of the Advisory Agreement, the Adviser's response to a questionnaire regarding the Adviser's profitability, organization, management and operations, a copy of the Adviser's Form ADV, the Adviser's audited financial statements, information regarding the Adviser's assets under management, an overview of the Fund's cumulative and annualized returns as compared to the Fund's benchmark, the Fund's fact sheet for the quarter ended September 30, 2025, a performance comparison of the Fund to other funds managed by the Adviser, information regarding the Adviser's compliance programs and a third-party comparison report regarding the Fund's performance and fees compared to benchmark indices and peer funds provided by FUSE Research Network, LLC ("FUSE"). The Board considered the following factors, among others, in reaching its determination to renew the Advisory Agreement: (i) the investment performance of the Fund and the investment performance of the Adviser, (ii) the nature, extent and quality of the services provided by the Adviser to the Fund, (iii) the experience and qualifications of the personnel providing such services, (iv) the costs of the services provided and the profits to be realized by the Adviser and any of its affiliates from the relationship with the Fund, (v) the extent to which economies of scale will be realized by the Fund as it grows, and (vi) whether the Fund's fee levels reflected the economies of scale to the benefit of the Fund's shareholders.

The Directors relied upon the advice of independent legal counsel and their own business judgment in determining the material factors to be considered in evaluating the Advisory Agreement and the weight to be given to each such factor. The Directors' conclusions were based on an evaluation of all of the information provided and were not the result of any one factor. Moreover, each Director may have afforded different weight to the various factors in reaching conclusions with respect to the Advisory Agreement. Although not meant to be all-inclusive, the following discussion summarizes the factors considered and conclusions reached by the Directors in determining to renew the Advisory Agreement at the Meeting, including during executive sessions with their independent legal counsel.

**Performance, Fees and Expenses**

The Board reviewed the performance of the Fund for the three-month, one-year, three-year and five-year periods ended September 30, 2025. These returns were compared to the returns of other Direct Lending & Structured Credit funds identified by FUSE (the "Performance Group"). The Board considered the Fund's total returns relative to the returns for funds in the Performance Group, noting that the Fund had outperformed the median of the Performance Group for the one-year period ended September 30, 2025 and underperformed the median for the three-month, three-year and five-year periods ended September 30, 2025. The Directors also noted that on a NAV basis, the Fund had outperformed its benchmark index for the one-year, three-year, five-year and since inception periods ended September 30, 2025 and underperformed its benchmark index for the three-month period ended September 30, 2025. Using market price returns, the Board observed that the Fund had outperformed its benchmark for the for the three-month, one-year, three-year, five-year and since inception periods ended September 30, 2025. The Directors also reviewed the Fund's performance relative to other funds managed by the Adviser. It was noted that the Adviser had indicated that the Performance Group is not entirely reflective of the Fund due to its unique investment strategy.

32 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Consideration and Approval of Advisory Agreement *December 31, 2025 (Unaudited)*

As to the comparative fees and expenses, the Directors considered the management and the other fees paid by the Fund and compared those to the management and other fees paid by funds in FUSE's Direct Lending & Structured Credit fund peer group (the "Expense Group"). The Board noted that the Fund's total net expense ratio was higher than the Expense Group median. The Directors also reviewed the Fund's total net and gross expense rankings against its peers calculated on the basis of each fund's average managed assets to mitigate the distortions caused by differing levels of leverage.

The Board also noted that the annual management fee for the Fund was below the median paid by the Expense Group. The Directors also reviewed the Fund's fees relative to other funds managed by the Adviser. The Board, including the Independent Directors, determined that the fees were reasonable given the nature of the Fund's unique investment strategy, the capabilities of the Adviser and the nature of the services provided to the Fund.

**Nature, Extent and Quality of Services**

As to the nature, extent and quality of the services provided by the Adviser to the Fund, the Board considered that under the terms of the Advisory Agreement, the Adviser, subject to the supervision of the Board, provides or arranges to be provided to the Fund such investment advice as the Adviser, in its discretion, deems advisable and furnishes or arranges to be furnished a continuous investment program for the Fund consistent with the Fund's investment objective and policies. The Board reviewed the Adviser's Form ADV, which was previously provided to the Board and that provided details regarding the experience of each of the Adviser's personnel. The Adviser also provided additional information regarding its experience managing other investment accounts. Based on the foregoing information, the Board, including the Independent Directors, concluded that the Adviser had provided quality services and would continue to do so for the Fund.

**Profitability and Other Benefits**

As to the cost of the services provided and the profits to be realized by the Adviser, the Board reviewed the Adviser's estimates of its profitability and its financial condition. The Board reviewed the Adviser's financial statements and noted the Adviser's financial condition is stable as income from its asset management operations have contributed to higher revenues for the Adviser. The Board acknowledged the Adviser's management fees were comparable to those charged to other funds to which the Adviser provides advisory or sub-advisory services. The Board, including the Independent Directors, determined that the Advisory Agreement, with respect to the Fund was not overly profitable to the Adviser and the financial condition of the Adviser was adequate.

Semi-Annual Report \| December 31, 2025 33

RiverNorth Capital and Income Fund, Inc.

Consideration and Approval of Advisory Agreement *December 31, 2025 (Unaudited)*

The Board noted that the Adviser has no affiliations with the Fund's transfer agent, fund accountant, custodian, or distribution-related service providers utilized by the Fund and therefore does not derive any benefits from the relationships these parties may have with the Fund.

**Conclusion**

Having requested and received such information from the Adviser as the Board believed to be reasonably necessary to evaluate the terms of the Advisory Agreement, and as assisted by the advice of independent counsel, the Board, including the Independent Directors, concluded that renewal of the Advisory Agreement was in the best interests of the Fund and its shareholders.

34 (888) 848-7569 \| www.rivernorth.com

*Intentionally Left Blank*

**Board of Directors**

Patrick W. Galley, CFA, Chairman

John K. Carter

J. Wayne Hutchens

David M. Swanson

Jerry R. Raio

Lisa B. Mougin

**Investment Adviser**

RiverNorth Capital Management, LLC

**Fund Administrator**

ALPS Fund Services, Inc.

**Transfer Agent and**

**Dividend Disbursing Agent**

DST Systems, Inc.

**Custodian**

State Street Bank and Trust Company

Inspira Financial Trust, LLC

**Independent Registered**

**Public Accounting Firm**

KPMG LLP

![](fp0097754-1_04.jpg)

RiverNorth Capital Management, LLC

360 South Rosemary Avenue, Suite 1420

West Palm Beach, FL 33401

Secondary market support provided to the Fund by ALPS Fund Services, Inc.'s affiliate ALPS Distributors, Inc., a FINRA member.

This report is provided for the general information of the shareholders of the RiverNorth Capital and Income Fund, Inc. This report is not intended for distribution to prospective investors in the Fund, unless preceded or accompanied by an effective prospectus.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

**Item 2.** **Code of Ethics.**

Not applicable to semi-annual report.

**Item 3.** **Audit Committee Financial Expert.**

Not applicable to semi-annual report.

**Item 4.** **Principal Accountant Fees and Services.**

Not applicable to semi-annual report.

Item 5. Audit Committee of Listed Registrants.

Not applicable to semi-annual report.

Item 6. Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) A Summary Schedule of Investments is included as part of the Report to Stockholders filed under Item 1(a) of this form, and additional
details are provided in the Schedule of Investments attached as Exhibit 19(c) hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable to the Registrant.

**Item 7.** **Financial Statements and Financial Highlights for Open-End Management Investment Companies.**

Not applicable to the Registrant.

**Item 8.** **Changes in and Disagreements with Accountants for Open-End Management Investment Companies.**

Not applicable to the Registrant.

**Item 9.** **Proxy Disclosures for Open-End Management Investment Companies.**

Not applicable to the Registrant.

**Item 10.** **Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.**

Not applicable to the Registrant.

**Item 11.** **Statement Regarding Basis for Approval of Investment Advisory Contract.**

The Approval of Investment Advisory Agreement is included as part of the Report to Stockholders filed under Item 1(a) of this form.

**Item 12.** **Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.**

Not applicable to semi-annual report.

**Item 13.** **Portfolio Managers of Closed-End Management Investment Companies.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Not applicable to semi-annual report.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) As of the date of this filing, there were no changes to the portfolio managers.

Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Period*** | ***(a)<br> Total Number of<br> Shares (or Units)<br> Purchased*** | ***(b)<br> Average Price Paid<br> per Share (or Unit)*** | ***(c)<br> Total Number of<br> Shares (or Units)<br> Purchased as Part of<br> Publicly Announced<br> Plans or Programs*** | ***(d)<br> Maximum Number (or<br> Approximate Dollar<br> Value) of Shares (or<br> Units) that May Yet<br> Be Purchased Under<br> the Plans or Programs*** |
| Month #1<br> 7/1/25 – 7/31/25\* | 165363 | $15.97 | 165363 | - |
| Month #2<br> 8/1/25 – 8/31/25 | - | - | - | - |
| Month #3<br> 9/1/25– 9/30/25 | - | - | - | - |
| Month #4<br> 10/1/25 – 10/31/25^ | 212283 | $15.42 | 212283 | - |
| Month #5<br> 11/1/25 – 11/30/25 | - | - | - | - |
| Month #6<br> 12/1/25 – 12/31/25 | - | - | - | - |
| Total | 377646 | $15.66 | 377646 | - |

---

 

\* The Fund issued a repurchase offer June 2, 2025. The repurchase offer enabled up to 165,363 shares to be redeemed by shareholders. The repurchased shares were paid out at the July 2, 2025 net asset value per share. The repurchase offer expired on July 2, 2025.

^ The Fund issued a repurchase offer September 2, 2025. The repurchase offer enabled up to 212,283 shares to be redeemed by shareholders. The repurchased shares were paid out at the October 1, 2025 net asset value per share. The repurchase offer expired on October 1, 2025.

**Item 15.** **Submission of Matters to a Vote of Security Holders.**

There have been no material changes to the procedures by which shareholders may recommend nominees to the Board of Directors of the Registrant.

**Item 16.** **Controls and Procedures.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Registrant's principal executive officer and principal financial officer have concluded that the Registrant's disclosure
controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended(the "1940 Act"))
are effective based on their evaluation of these controls and procedures, required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b)
under the Securities Exchange Act of 1934, as amended, as of a date within 90 days of the filing date of this document.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) There were no significant changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under
the 1940 Act) during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the
Registrant's internal control over financial reporting.

**Item 17.** **Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

**Item 18.** **Recovery of Erroneously Awarded Compensation.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

**Item 19.** **Exhibits.**

(a)(1) Not applicable to semi-annual report.

(a)(2) Not applicable to semi-annual report.

(a)(3) [The certifications of the Registrant's Principal Executive Officer and Principal Financial Officer, as required by Rule 30a-2(a) of the 1940 Act, and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto as EX-99.CERT.](fp0097754-1_ex99cert.htm)

(a)(4) Not applicable.

(a)(5) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) [The certifications of the Registrant's Principal Executive Officer and Principal Financial Officer, as required by Rule 30a-2(b) of the 1940 Act, and Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto as EX-99.906CERT.](fp0097754-1_ex99906cert.htm)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) [The Schedule of Investments is attached hereto.](fp0097754-1_ex99c.htm)

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

<u>Registrant: RiverNorth Capital and Income Fund, Inc.</u>

---

| | |
|:---|:---|
| By: | /s/ Patrick W. Galley |
| Name: | Patrick W. Galley |
| Title: | President and Chief Executive Officer |
| Date: | March 6, 2026 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ Patrick W. Galley |
| Name: | Patrick W. Galley |
| Title: | President and Chief Executive Officer |
| Date: | March 6, 2026 |
| By: | /s/ Jonathan M. Mohrhardt |
| Name: | Jonathan M. Mohrhardt, |
| Title: | Treasurer and Chief Financial Officer |
| Date: | March 6, 2026 |

---

## Ex-99.Cert

**EX-99.CERT**

**CERTIFICATIONS PURSUANT TO SECTION 302 OF THE**

**SARBANES-OXLEY ACT OF 2002**

I, Patrick W. Galley, certify that:

1. I have reviewed this report on Form N-CSR of RiverNorth Capital and Income Fund, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period
covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and
procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined
in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about
the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based
on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period
covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control
over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee
of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which
are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's
internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | March 6, 2026 | /s/ Patrick W. Galley |
|  |  | Patrick W. Galley |
|  |  | President and Chief Executive Officer |

---

I, Jonathan M. Mohrhardt , certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of RiverNorth Capital and Income Fund, Inc.;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period
covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and
procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined
in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about
the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based
on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period
covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control
over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee
of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which
are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's
internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | March 6, 2026 | /s/ Jonathan M. Mohrhardt |
|  |  | Jonathan M. Mohrhardt |
|  |  | Treasurer and Chief Financial Officer |

---

## Exhibit 99.906

**EX-99.906CERT**

**CERTIFICATIONS PURSUANT TO SECTION 906 OF THE**

**SARBANES-OXLEY ACT OF 2002**

This certification is furnished pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. § 1350, and accompanies the report on Form N-CSR for the period ended December 31, 2025 of RiverNorth Capital and Income Fund, Inc. (the "Company").

I, Patrick W. Galley, the President and Chief Executive Officer of the Company, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the report on Form N-CSR fully complies with the requirements of Section 13(a) or Section 15(d), as applicable,
of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the information contained in the Form N-CSR fairly presents, in all material respects, the financial condition
and results of operations of the Company.

---

| | | |
|:---|:---|:---|
| Date: | March 6, 2026 | <br> /s/ Patrick W. Galley |
|  |  | Patrick W. Galley |
|  |  | President and Chief Executive Officer |

---

This certification is furnished pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. § 1350, and accompanies the report on Form N-CSR for the period ended December 31, 2025 of RiverNorth Capital and Income Fund, Inc. (the "Company").

I, Jonathan M. Mohrhardt, the Treasurer and Chief Financial Officer of the Company, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the report on Form N-CSR fully complies with the requirements of Section 13(a) or Section 15(d), as applicable,
of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the information contained in the Form N-CSR fairly presents, in all material respects, the financial condition
and results of operations of the Company.

---

| | | |
|:---|:---|:---|
| Date: | March 6, 2026 | <br> /s/ Jonathan M. Mohrhardt |
|  |  | Jonathan M. Mohrhardt |
|  |  | Treasurer and Chief Financial Officer |

---

These statements accompany this report on Form N-CSR pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not be deemed as filed by the Company for purposes of Section 18 of the Securities Exchange Act of 1934.

## Ex-99.C

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **CLOSED-END FUNDS (0.10%)** | **CLOSED-END FUNDS (0.10%)** | |
| **United States (0.10%)** | **United States (0.10%)** |  |
| 9528 | Allspring Income Opportunities Fund | $64600 |
| **TOTAL CLOSED-END FUNDS** | **TOTAL CLOSED-END FUNDS** |  |
| **(Cost $53,119)** | **(Cost $53,119)** | **64600** |
| **SPECIAL PURPOSE ACQUISITION COMPANIES (0.04%)** | **SPECIAL PURPOSE ACQUISITION COMPANIES (0.04%)** |  |
| **Great Britain (0.00%)** | **Great Britain (0.00%)** |  |
| 1103 | Akari Therapeutics PLC<sup>(a)</sup> | 319 |
| **United States (0.03%)** | **United States (0.03%)** |  |
| 2775 | CN Healthy Food Tech Group Corp.<sup>(a)</sup> | 15292 |
| **China (0.01%)** | **China (0.01%)** |  |
| 1533 | CH Auto, Inc.<sup>(a)</sup> | 5758 |
| **TOTAL SPECIAL PURPOSE ACQUISITION COMPANIES** | **TOTAL SPECIAL PURPOSE ACQUISITION COMPANIES** |  |
| **(Cost $12,648)** | **(Cost $12,648)** | **21369** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Shares** | **Description** | **Rate** | **Maturity Date** | **Value** |
| **BUSINESS DEVELOPMENT COMPANY NOTES (1.83%)** | **BUSINESS DEVELOPMENT COMPANY NOTES (1.83%)** |  |  | |
| **United States (1.83%)** | **United States (1.83%)** |  |  |  |
| 1100000 | Oaktree Specialty Lending Corp. | 7.100% | 02/15/29 | $1134154 |
| **TOTAL BUSINESS DEVELOPMENT COMPANY NOTES** | **TOTAL BUSINESS DEVELOPMENT COMPANY NOTES** | **TOTAL BUSINESS DEVELOPMENT COMPANY NOTES** | **TOTAL BUSINESS DEVELOPMENT COMPANY NOTES** |  |
| **(Cost $1,079,213)** | **(Cost $1,079,213)** |  |  | **1134154** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Amount** | **Description** | **Acquisition Date** | **Cost** | **Value** |
| **SMALL BUSINESS LOANS (90.47%)<sup>(b)(c)(d)</sup>** | **SMALL BUSINESS LOANS (90.47%)<sup>(b)(c)(d)</sup>** | **SMALL BUSINESS LOANS (90.47%)<sup>(b)(c)(d)</sup>** | **SMALL BUSINESS LOANS (90.47%)<sup>(b)(c)(d)</sup>** | |
| **United States (90.47%)** | **United States (90.47%)** |  |  |  |
| $13130 | 10000101, 6.06%, 4/29/2027 | 11/3/2025 | 12182 | 12234 |
| 4128 | 10000261, 5.50%, 4/29/2027 | 11/3/2025 | 3804 | 3943 |
| 22013 | 10000304, 6.42%, 4/29/2027 | 11/3/2025 | 20653 | 19335 |
| 7626 | 10000440, 6.12%, 4/29/2027 | 11/3/2025 | 7023 | 7189 |
| 7703 | 10003510, 4.54%, 4/30/2027 | 11/4/2025 | 7265 | 7449 |
| 9905 | 10003682, 4.54%, 4/30/2027 | 11/4/2025 | 9304 | 9583 |
| 3309 | 10003894, 5.53%, 4/30/2027 | 11/4/2025 | 3105 | 3094 |
| 5973 | 10003918, 5.77%, 4/30/2027 | 11/4/2025 | 5632 | 4961 |
| 652 | 10004071, 6.43%, 4/30/2027 | 11/4/2025 | 594 | 615 |
| 13363 | 10004097, 4.54%, 4/30/2027 | 11/4/2025 | 12620 | 12902 |

---

*See Notes to Financial Statements.*

8 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 3830 | 10004467, 4.54%, 4/30/2027 | 11/4/2025 | 3625 | 3692 |
| 2625 | 10004634, 6.45%, 4/30/2027 | 11/4/2025 | 2454 | 2407 |
| 2903 | 10004720, 6.44%, 4/30/2027 | 11/4/2025 | 2738 | 2506 |
| 5641 | 10004790, 4.54%, 4/30/2027 | 11/4/2025 | 5334 | 5444 |
| 3553 | 10004887, 5.28%, 4/30/2027 | 11/4/2025 | 3326 | 3380 |
| 9484 | 10004970, 4.97%, 4/30/2027 | 11/4/2025 | 8883 | 9112 |
| 5618 | 10005142, 5.28%, 4/30/2027 | 11/4/2025 | 5264 | 5347 |
| 9462 | 10005306, 5.77%, 4/30/2027<sup>(e)</sup> | 11/4/2025 | 8975 | 7874 |
| 8935 | 10005449, 4.54%, 4/30/2027 | 11/4/2025 | 8419 | 8641 |
| 1506 | 10005651, 4.54%, 4/30/2027 | 11/4/2025 | 1407 | 1457 |
| 10181 | 10005682, 5.77%, 4/30/2027 | 11/4/2025 | 9391 | 9654 |
| 3359 | 10005908, 6.44%, 4/30/2027 | 11/4/2025 | 3148 | 2952 |
| 1518 | 10005957, 6.46%, 4/30/2027 | 11/4/2025 | 1428 | 1158 |
| 21038 | 10005996, 4.54%, 4/30/2027 | 11/4/2025 | 19857 | 20309 |
| 31911 | 10006199, 4.54%, 4/30/2027 | 11/4/2025 | 30227 | 30722 |
| 73050 | 10006530, 4.54%, 4/30/2027 | 11/4/2025 | 69193 | 70312 |
| 2077 | 10007072, 6.46%, 4/30/2027 | 11/4/2025 | 1962 | 1557 |
| 6513 | 10007085, 4.54%, 4/30/2027 | 11/4/2025 | 6148 | 6288 |
| 4000 | 10007131, 4.54%, 4/30/2027 | 11/4/2025 | 3772 | 3860 |
| 24097 | 10007201, 4.54%, 4/30/2027 | 11/4/2025 | 22866 | 23090 |
| 3485 | 10007432, 4.54%, 4/30/2027 | 11/4/2025 | 3286 | 3373 |
| 2038 | 10007487, 4.55%, 4/30/2027 | 11/4/2025 | 1927 | 1967 |
| 13059 | 10007513, 6.14%, 4/30/2027 | 11/4/2025 | 12084 | 12230 |
| 1479 | 10007684, 6.44%, 4/30/2027 | 11/4/2025 | 1351 | 1383 |
| 19108 | 10007716, 4.54%, 4/30/2027 | 11/4/2025 | 18080 | 18419 |
| 9100 | 10008046, 4.97%, 4/30/2027 | 11/4/2025 | 8608 | 8507 |
| 11754 | 10008118, 4.54%, 4/30/2027 | 11/4/2025 | 11108 | 11344 |
| 29675 | 10008222, 4.54%, 4/30/2027 | 11/4/2025 | 28134 | 28491 |
| 1605 | 10008497, 6.14%, 4/30/2027 | 11/4/2025 | 1467 | 1516 |
| 6091 | 10008509, 4.53%, 4/30/2027 | 11/4/2025 | 5745 | 5890 |
| 3885 | 10008563, 4.96%, 4/30/2027 | 11/4/2025 | 3673 | 3632 |
| 13209 | 10008610, 6.45%, 4/30/2027 | 11/4/2025 | 12463 | 10202 |
| 8881 | 10008747, 4.98%, 4/30/2027 | 11/5/2025 | 8366 | 8452 |
| 4296 | 10008873, 4.98%, 4/30/2027 | 11/5/2025 | 4046 | 4089 |
| 411 | 10008925, 6.09%, 4/30/2027 | 11/5/2025 | 391 | 274 |
| 5340 | 10008945, 4.54%, 4/30/2027 | 11/5/2025 | 5036 | 5153 |
| 6966 | 10009014, 4.55%, 4/30/2027 | 11/5/2025 | 6579 | 6725 |
| 4967 | 10009126, 5.32%, 4/30/2027 | 11/5/2025 | 4739 | 4485 |
| 2801 | 10009198, 4.54%, 4/30/2027 | 11/5/2025 | 2650 | 2699 |
| 1700 | 10009307, 6.46%, 4/30/2027 | 11/5/2025 | 1578 | 1577 |
|  | 10009370, 5.54%, 4/30/2027 | 11/5/2025 | (972) | (528) |
| 1517 | 10009796, 6.10%, 4/30/2027 | 11/5/2025 | 1422 | 1397 |
| 13647 | 10009846, 4.55%, 4/30/2027 | 11/5/2025 | 12929 | 13099 |
| 6947 | 10010198, 5.29%, 4/30/2027 | 11/5/2025 | 6541 | 6505 |
| 7496 | 10010351, 4.55%, 4/30/2027 | 11/5/2025 | 7016 | 7255 |
| 11952 | 10010442, 6.46%, 4/30/2027<sup>(e)</sup> | 11/5/2025 | 11327 | 7272 |
| 22467 | 10010630, 4.98%, 4/30/2027 | 11/5/2025 | 21158 | 21384 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 9

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1259 | 10011015, 6.44%, 4/30/2027 | 11/5/2025 | 1150 | 1188 |
| 14154 | 10011042, 4.55%, 4/30/2027 | 11/5/2025 | 13424 | 13561 |
| 8488 | 10011287, 4.98%, 4/30/2027 | 11/5/2025 | 7884 | 8159 |
| 681 | 10011411, 6.31%, 4/30/2027 | 11/5/2025 | 640 | 604 |
| 32940 | 10011424, 4.55%, 4/30/2027 | 11/5/2025 | 31115 | 31787 |
| 13112 | 10011712, 6.15%, 4/30/2027 | 11/5/2025 | 12244 | 12084 |
| 10527 | 10011825, 4.98%, 4/30/2027 | 11/5/2025 | 9913 | 10014 |
| 507 | 10011942, 6.45%, 4/30/2027 | 11/5/2025 | 462 | 479 |
| 3179 | 10011957, 6.31%, 4/30/2027 | 11/5/2025 | 3007 | 2723 |
| 4251 | 10012001, 6.15%, 4/30/2027 | 11/5/2025 | 3974 | 3922 |
| 3139 | 10012040, 5.33%, 4/30/2027 | 11/5/2025 | 2987 | 2871 |
| 2259 | 10012047, 6.47%, 4/30/2027 | 11/5/2025 | 2124 | 1950 |
| 5035 | 10012069, 6.45%, 4/30/2027 | 11/5/2025 | 4698 | 4597 |
| 1389 | 10012098, 4.98%, 4/30/2027 | 11/5/2025 | 1307 | 1321 |
| 2925 | 10012112, 6.46%, 4/30/2027 | 11/5/2025 | 2764 | 1500 |
| 6971 | 10012123, 4.55%, 4/30/2027 | 11/5/2025 | 6586 | 6728 |
| 1338 | 10012185, 6.46%, 4/30/2027 | 11/5/2025 | 1219 | 1265 |
| 10957 | 10012199, 6.46%, 4/30/2027 | 11/5/2025 | 10216 | 10121 |
| 26420 | 10012286, 4.55%, 4/30/2027 | 11/5/2025 | 25118 | 24614 |
| 6287 | 10012540, 4.55%, 4/30/2027 | 11/5/2025 | 5935 | 6069 |
| 5608 | 10012622, 4.54%, 4/30/2027 | 11/5/2025 | 5333 | 5225 |
| 2020 | 10012671, 4.55%, 4/30/2027 | 11/5/2025 | 1917 | 1935 |
| 2685 | 10012719, 4.98%, 4/30/2027 | 11/5/2025 | 2522 | 2569 |
| 935 | 10012782, 6.13%, 4/30/2027 | 11/5/2025 | 856 | 884 |
| 12053 | 10012793, 6.15%, 4/30/2027 | 11/5/2025 | 11160 | 11293 |
| 4318 | 10013009, 6.46%, 4/30/2027 | 11/5/2025 | 3983 | 4030 |
| 3649 | 10013076, 4.54%, 4/30/2027 | 11/5/2025 | 3448 | 3522 |
| 4761 | 10013133, 4.54%, 4/30/2027 | 11/5/2025 | 4497 | 4596 |
| 2955 | 10013262, 6.47%, 4/30/2027 | 11/5/2025 | 2753 | 2699 |
| 10008 | 10013343, 4.98%, 4/30/2027 | 11/5/2025 | 9440 | 9487 |
| 10735 | 10013491, 6.31%, 4/30/2027 | 11/5/2025 | 10119 | 9518 |
| 6294 | 10013741, 6.46%, 4/30/2027 | 11/5/2025 | 5898 | 5646 |
| 10887 | 10013841, 4.55%, 4/30/2027 | 11/5/2025 | 10267 | 10506 |
| 7208 | 10013868, 6.16%, 4/30/2027 | 11/6/2025 | 6798 | 5836 |
| 20721 | 10013920, 6.15%, 5/1/2027 | 11/6/2025 | 19299 | 19235 |
| 1657 | 10014045, 6.32%, 5/1/2027 | 11/6/2025 | 1556 | 1504 |
| 5229 | 10014061, 4.55%, 5/1/2027 | 11/6/2025 | 4944 | 5039 |
| 1835 | 10014097, 6.09%, 5/1/2027 | 11/6/2025 | 1734 | 1604 |
| 8732 | 10014116, 4.98%, 5/1/2027 | 11/6/2025 | 8125 | 8390 |
| 939 | 10014187, 4.98%, 5/1/2027 | 11/6/2025 | 885 | 894 |
| 2014 | 10014196, 5.54%, 5/1/2027 | 11/6/2025 | 1899 | 1726 |
| 1506 | 10014206, 6.45%, 5/1/2027 | 11/6/2025 | 1401 | 1390 |
| 16139 | 10014223, 4.55%, 5/1/2027 | 11/6/2025 | 15276 | 15531 |
| 11388 | 10014318, 4.54%, 5/1/2027 | 11/6/2025 | 10756 | 10991 |
| 792 | 10014392, 5.31%, 5/1/2027 | 11/6/2025 | 725 | 752 |
| 4563 | 10014398, 4.55%, 5/1/2027 | 11/6/2025 | 4304 | 4412 |

---

*See Notes to Financial Statements.*

10 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1824 | 10014440, 5.32%, 5/1/2027 | 11/6/2025 | 1743 | 1504 |
| 5148 | 10014449, 5.32%, 5/1/2027 | 11/6/2025 | 4964 | 3455 |
| 10138 | 10014478, 5.53%, 5/1/2027 | 11/6/2025 | 9583 | 8690 |
| 37176 | 10014537, 4.55%, 5/1/2027 | 11/6/2025 | 35180 | 35683 |
| 3592 | 10014851, 4.53%, 5/2/2027 | 11/6/2025 | 3395 | 3466 |
| 38495 | 10014883, 4.54%, 5/2/2027 | 11/6/2025 | 36412 | 37099 |
| 4838 | 10015182, 4.97%, 5/2/2027 | 11/6/2025 | 4556 | 4603 |
| 907 | 10015222, 6.42%, 5/2/2027 | 11/6/2025 | 852 | 790 |
| 12180 | 10015226, 5.28%, 5/2/2027 | 11/6/2025 | 11337 | 11635 |
| 5458 | 10015318, 5.77%, 5/2/2027 | 11/6/2025 | 5083 | 5125 |
| 6723 | 10015351, 4.97%, 5/2/2027 | 11/6/2025 | 6336 | 6372 |
| 13949 | 10015396, 5.52%, 5/2/2027 | 11/6/2025 | 13091 | 13063 |
| 865 | 10015512, 4.57%, 5/2/2027 | 11/6/2025 | 818 | 833 |
| 4151 | 10015517, 6.29%, 5/2/2027 | 11/6/2025 | 3821 | 3890 |
| 1907 | 10015551, 4.54%, 5/2/2027 | 11/6/2025 | 1803 | 1841 |
| 6510 | 10015559, 4.54%, 5/2/2027 | 11/6/2025 | 6143 | 6284 |
| 11740 | 10015593, 5.53%, 5/2/2027 | 11/6/2025 | 10865 | 11211 |
| 11410 | 10015691, 4.54%, 5/2/2027 | 11/6/2025 | 10801 | 10982 |
| 3660 | 10016688, 4.53%, 5/3/2027 | 11/6/2025 | 3437 | 3541 |
| 1626 | 10016723, 5.52%, 5/3/2027 | 11/6/2025 | 1514 | 1539 |
| 9993 | 10016809, 4.53%, 5/3/2027 | 11/6/2025 | 9446 | 9640 |
| 3289 | 10017259, 4.53%, 5/3/2027 | 11/6/2025 | 3114 | 3156 |
| 35680 | 10017342, 5.27%, 5/3/2027 | 11/6/2025 | 33404 | 33923 |
| 18366 | 10018278, 6.44%, 5/3/2027 | 11/6/2025 | 17212 | 16184 |
| 1305 | 10018684, 6.15%, 5/3/2027 | 11/6/2025 | 1208 | 1191 |
| 1983 | 10018704, 5.28%, 5/3/2027 | 11/6/2025 | 1853 | 1886 |
| 4570 | 10018715, 4.53%, 5/3/2027 | 11/6/2025 | 4312 | 4418 |
| 33256 | 10018806, 4.96%, 5/3/2027 | 11/6/2025 | 31316 | 31632 |
| 15915 | 10019159, 6.44%, 5/3/2027 | 11/6/2025 | 14736 | 14785 |
| 21008 | 10019381, 5.27%, 5/3/2027 | 11/6/2025 | 19625 | 18094 |
| 36960 | 10019654, 4.53%, 5/3/2027 | 11/6/2025 | 34867 | 35676 |
| 11561 | 10020108, 4.53%, 5/3/2027 | 11/6/2025 | 10993 | 10791 |
| 7972 | 10020164, 6.07%, 5/3/2027 | 11/6/2025 | 7341 | 7558 |
| 23790 | 10020292, 5.51%, 5/3/2027 | 11/6/2025 | 22315 | 22375 |
|  | 10020531, 4.53%, 5/3/2027 | 11/6/2025 | (73) |  |
| 7858 | 10020535, 6.13%, 5/3/2027 | 11/6/2025 | 7361 | 7188 |
| 2481 | 10020628, 5.29%, 5/3/2027 | 11/6/2025 | 2369 | 2190 |
| 1486 | 10020644, 4.55%, 5/3/2027 | 11/6/2025 | 1409 | 1427 |
| 51115 | 10020648, 4.53%, 5/3/2027 | 11/6/2025 | 48186 | 49412 |
| 5387 | 10021080, 4.53%, 5/3/2027 | 11/6/2025 | 5100 | 5185 |
| 27079 | 10021112, 6.13%, 5/3/2027 | 11/6/2025 | 24781 | 25703 |
| 2774 | 10021500, 6.43%, 5/3/2027 | 11/6/2025 | 2604 | 2445 |
| 2437 | 10021513, 6.27%, 5/3/2027 | 11/6/2025 | 2311 | 1782 |
| 5646 | 10021530, 4.53%, 5/3/2027 | 11/6/2025 | 5335 | 5448 |
| 41463 | 10021569, 4.53%, 5/3/2027 | 11/6/2025 | 39153 | 40023 |
| 2476 | 10021845, 6.44%, 5/3/2027 | 11/6/2025 | 2330 | 1913 |
| 10511 | 10021903, 5.52%, 5/3/2027 | 11/6/2025 | 9899 | 9687 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 11

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5259 | 10021992, 6.43%, 5/3/2027 | 11/6/2025 | 4891 | 4853 |
| 4641 | 10022042, 5.52%, 5/3/2027 | 11/6/2025 | 4359 | 4344 |
| 628 | 10022090, 6.30%, 5/3/2027 | 11/6/2025 | 584 | 584 |
| 40092 | 10022091, 4.53%, 5/3/2027 | 11/6/2025 | 37922 | 38641 |
| 2495 | 10022680, 4.54%, 5/4/2027 | 11/7/2025 | 2353 | 2411 |
| 5518 | 10022755, 4.96%, 5/4/2027 | 11/7/2025 | 5172 | 5296 |
| 8675 | 10022858, 5.51%, 5/4/2027 | 11/7/2025 | 8094 | 8210 |
| 12186 | 10023095, 4.53%, 5/4/2027 | 11/7/2025 | 11512 | 11754 |
| 13092 | 10023395, 4.96%, 5/4/2027 | 11/7/2025 | 12269 | 12561 |
| 29165 | 10023721, 5.76%, 5/4/2027 | 11/7/2025 | 27279 | 27248 |
| 3273 | 10024512, 4.53%, 5/4/2027 | 11/7/2025 | 3083 | 3164 |
| 3835 | 10024554, 5.28%, 5/4/2027 | 11/7/2025 | 3624 | 3329 |
| 2330 | 10024595, 6.13%, 5/4/2027 | 11/7/2025 | 2122 | 2206 |
| 41469 | 10024653, 4.53%, 5/4/2027 | 11/7/2025 | 39120 | 40077 |
| 58493 | 10025084, 4.96%, 5/4/2027 | 11/7/2025 | 54852 | 55971 |
| 1478 | 10025609, 6.43%, 5/4/2027 | 11/7/2025 | 1359 | 1386 |
| 45408 | 10025619, 4.53%, 5/4/2027 | 11/7/2025 | 42871 | 43833 |
| 1146 | 10026014, 5.25%, 5/4/2027 | 11/7/2025 | 1078 | 1083 |
| 5250 | 10026026, 4.53%, 5/4/2027 | 11/7/2025 | 4972 | 5022 |
| 6560 | 10026041, 5.27%, 5/4/2027 | 11/7/2025 | 6131 | 6264 |
| 1640 | 10026095, 6.42%, 5/4/2027 | 11/7/2025 | 1516 | 1531 |
| 1168 | 10026106, 4.54%, 5/4/2027 | 11/7/2025 | 1092 | 1129 |
| 985 | 10026133, 4.53%, 5/4/2027 | 11/7/2025 | 933 | 948 |
| 7138 | 10026135, 5.27%, 5/4/2027 | 11/7/2025 | 6673 | 6784 |
| 3381 | 10026185, 6.07%, 5/4/2027 | 11/7/2025 | 3152 | 3125 |
| 42191 | 10026221, 4.53%, 5/4/2027 | 11/7/2025 | 39829 | 40733 |
| 2349 | 10026689, 6.43%, 5/4/2027 | 11/7/2025 | 2141 | 2224 |
| 12456 | 10026735, 5.76%, 5/4/2027 | 11/7/2025 | 11624 | 11693 |
| 6490 | 10026867, 5.27%, 5/4/2027 | 11/7/2025 | 6159 | 5633 |
| 1270 | 10026928, 6.45%, 5/4/2027 | 11/7/2025 | 1180 | 1175 |
| 1742 | 10026940, 4.54%, 5/4/2027 | 11/7/2025 | 1644 | 1684 |
| 44561 | 10026956, 6.28%, 5/4/2027 | 11/7/2025 | 41635 | 41137 |
| 66170 | 10027381, 4.96%, 5/4/2027 | 11/7/2025 | 62343 | 62934 |
| 54541 | 10027934, 4.53%, 5/4/2027 | 11/7/2025 | 51617 | 52563 |
| 1217 | 10028098, 6.28%, 5/5/2027 | 11/10/2025 | 1117 | 1141 |
| 22876 | 10028165, 4.53%, 5/5/2027 | 11/10/2025 | 21640 | 22019 |
| 15570 | 10028594, 4.96%, 5/5/2027 | 11/10/2025 | 14617 | 14844 |
| 3893 | 10028979, 5.29%, 5/5/2027 | 11/10/2025 | 3740 | 2689 |
| 3590 | 10029066, 4.96%, 5/5/2027 | 11/10/2025 | 3399 | 3199 |
| 2372 | 10029137, 6.29%, 5/5/2027 | 11/10/2025 | 2215 | 2173 |
| 11703 | 10029198, 4.53%, 5/5/2027 | 11/10/2025 | 11095 | 11211 |
| 900 | 10029531, 6.08%, 5/5/2027 | 11/10/2025 | 847 | 819 |
| 7196 | 10029547, 4.53%, 5/5/2027 | 11/10/2025 | 6796 | 6942 |
| 3260 | 10029705, 6.13%, 5/5/2027 | 11/10/2025 | 3012 | 3052 |
| 32983 | 10029792, 6.13%, 5/5/2027 | 11/10/2025 | 30804 | 30170 |
| 14537 | 10030193, 4.96%, 5/5/2027 | 11/10/2025 | 13812 | 10472 |

---

*See Notes to Financial Statements.*

12 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 3479 | 10030359, 4.53%, 5/5/2027 | 11/10/2025 | 3282 | 3356 |
| 1998 | 10030403, 6.44%, 5/5/2027 | 11/10/2025 | 1766 | 1885 |
| 3795 | 10030555, 4.53%, 5/5/2027 | 11/10/2025 | 3588 | 3663 |
| 1391 | 10030576, 5.75%, 5/5/2027 | 11/10/2025 | 1280 | 1321 |
| 7256 | 10030585, 4.53%, 5/5/2027 | 11/10/2025 | 6848 | 7002 |
| 14841 | 10030669, 4.53%, 5/5/2027 | 11/10/2025 | 14010 | 14313 |
| 31424 | 10030951, 4.53%, 5/5/2027 | 11/10/2025 | 29698 | 30283 |
| 3065 | 10031698, 6.07%, 5/5/2027 | 11/10/2025 | 2865 | 2833 |
| 8440 | 10031766, 5.51%, 5/5/2027 | 11/10/2025 | 7915 | 7905 |
| 19279 | 10031831, 4.53%, 5/5/2027 | 11/10/2025 | 18214 | 18577 |
| 1574 | 10032009, 6.43%, 5/5/2027 | 11/10/2025 | 1492 | 872 |
| 3243 | 10032015, 6.44%, 5/5/2027 | 11/10/2025 | 2991 | 3040 |
| 7502 | 10032066, 6.13%, 5/5/2027 | 11/10/2025 | 6954 | 7029 |
| 15101 | 10032131, 5.27%, 5/5/2027 | 11/10/2025 | 14071 | 14412 |
| 2141 | 10032240, 6.45%, 5/5/2027 | 11/10/2025 | 2016 | 1850 |
| 4798 | 10032248, 6.12%, 5/5/2027 | 11/10/2025 | 4479 | 4460 |
| 4942 | 10032284, 4.53%, 5/5/2027 | 11/10/2025 | 4664 | 4770 |
| 64011 | 10032352, 4.96%, 5/5/2027 | 11/10/2025 | 60127 | 61059 |
| 4076 | 10032878, 5.51%, 5/5/2027 | 11/10/2025 | 3817 | 3833 |
| 897 | 10032903, 6.45%, 5/5/2027 | 11/10/2025 | 814 | 844 |
| 10713 | 10032929, 4.53%, 5/5/2027 | 11/10/2025 | 10131 | 10324 |
| 4042 | 10033093, 6.43%, 5/5/2027 | 11/10/2025 | 3776 | 3525 |
| 25619 | 10033106, 5.51%, 5/5/2027 | 11/10/2025 | 24174 | 22078 |
| 3082 | 10033302, 4.96%, 5/5/2027 | 11/10/2025 | 2920 | 2751 |
| 3644 | 10033351, 6.29%, 5/5/2027 | 11/10/2025 | 3436 | 3133 |
| 8837 | 10036699, 6.46%, 5/6/2027 | 11/12/2025 | 8191 | 8154 |
| 3702 | 10036859, 6.15%, 5/6/2027 | 11/12/2025 | 3451 | 3415 |
| 1897 | 10036895, 6.14%, 5/6/2027 | 11/12/2025 | 1747 | 1786 |
| 4608 | 10036931, 6.46%, 5/6/2027 | 11/12/2025 | 4326 | 3534 |
| 1223 | 10036971, 6.17%, 5/6/2027 | 11/12/2025 | 1132 | 1144 |
| 670 | 10036995, 6.12%, 5/6/2027 | 11/12/2025 | 623 | 617 |
| 1511 | 10037000, 6.46%, 5/6/2027 | 11/12/2025 | 1363 | 1424 |
| 16214 | 10037029, 4.55%, 5/6/2027 | 11/12/2025 | 15293 | 15648 |
| 3324 | 10037439, 6.46%, 5/6/2027 | 11/12/2025 | 3090 | 3072 |
| 15775 | 10037488, 4.55%, 5/6/2027 | 11/12/2025 | 14909 | 15180 |
| 6167 | 10037982, 6.46%, 5/6/2027 | 11/12/2025 | 5693 | 5751 |
| 2192 | 10038167, 4.98%, 5/6/2027 | 11/12/2025 | 2076 | 1958 |
| 30722 | 10038258, 6.31%, 5/6/2027 | 11/12/2025 | 28549 | 28270 |
| 2289 | 10038770, 5.55%, 5/6/2027 | 11/12/2025 | 2125 | 2172 |
| 16377 | 10038793, 4.55%, 5/6/2027 | 11/12/2025 | 15411 | 15824 |
| 12520 | 10039003, 4.55%, 5/6/2027 | 11/12/2025 | 11824 | 12077 |
| 6154 | 10039158, 6.46%, 5/6/2027 | 11/12/2025 | 5775 | 4676 |
| 25888 | 10039253, 5.54%, 5/6/2027 | 11/12/2025 | 23996 | 24570 |
| 8038 | 10039732, 6.46%, 5/6/2027 | 11/12/2025 | 7501 | 7226 |
| 9603 | 10039855, 4.98%, 5/6/2027 | 11/12/2025 | 9040 | 9132 |
| 13453 | 10039976, 5.53%, 5/6/2027 | 11/12/2025 | 12580 | 12647 |
| 3111 | 10040069, 4.55%, 5/6/2027 | 11/12/2025 | 2939 | 2998 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 13

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 9346 | 10040122, 4.55%, 5/6/2027 | 11/12/2025 | 8835 | 8992 |
| 864 | 10040186, 6.48%, 5/6/2027 | 11/12/2025 | 800 | 800 |
| 5019 | 10040214, 6.46%, 5/6/2027 | 11/12/2025 | 4729 | 3916 |
| 3051 | 10040236, 6.45%, 5/6/2027 | 11/12/2025 | 2853 | 2660 |
| 21034 | 10040254, 6.46%, 5/6/2027 | 11/12/2025 | 19510 | 19406 |
| 14275 | 10040540, 6.46%, 5/6/2027 | 11/12/2025 | 13120 | 13307 |
| 3377 | 10040639, 5.54%, 5/6/2027 | 11/12/2025 | 3117 | 3234 |
| 3370 | 10040688, 4.55%, 5/6/2027 | 11/12/2025 | 3209 | 3148 |
| 6429 | 10040710, 5.32%, 5/6/2027 | 11/12/2025 | 6117 | 5698 |
| 29878 | 10040761, 5.54%, 5/6/2027 | 11/12/2025 | 28015 | 27978 |
| 1098 | 10040981, 6.29%, 5/6/2027 | 11/12/2025 | 1007 | 1028 |
| 57414 | 10040999, 5.29%, 5/6/2027 | 11/12/2025 | 54053 | 53183 |
| 1125 | 10041443, 6.29%, 5/6/2027 | 11/12/2025 | 1052 | 1030 |
| 7578 | 10041453, 6.46%, 5/6/2027 | 11/12/2025 | 6903 | 7173 |
| 4027 | 10041521, 4.55%, 5/6/2027 | 11/12/2025 | 3810 | 3875 |
| 3423 | 10041547, 6.46%, 5/6/2027 | 11/12/2025 | 3143 | 3196 |
| 21491 | 10041580, 6.46%, 5/6/2027 | 11/12/2025 | 19809 | 20033 |
| 1310 | 10041839, 6.48%, 5/6/2027 | 11/12/2025 | 1200 | 1217 |
| 1886 | 10041854, 5.33%, 5/6/2027 | 11/12/2025 | 1808 | 1309 |
| 16097 | 10041867, 6.46%, 5/6/2027 | 11/12/2025 | 14777 | 15023 |
| 2213 | 10045144, 6.11%, 5/7/2027 | 11/13/2025 | 2098 | 1539 |
| 2493 | 10045242, 5.31%, 5/7/2027 | 11/13/2025 | 2342 | 2334 |
| 1567 | 10045275, 5.32%, 5/7/2027 | 11/13/2025 | 1489 | 1385 |
| 12709 | 10045291, 5.54%, 5/7/2027 | 11/13/2025 | 11736 | 12124 |
| 12186 | 10045382, 4.56%, 5/7/2027 | 11/13/2025 | 11487 | 11756 |
| 475 | 10045567, 6.23%, 5/7/2027 | 11/13/2025 | 442 | 441 |
| 5134 | 10045581, 6.17%, 5/7/2027 | 11/13/2025 | 4836 | 4225 |
| 5579 | 10045697, 4.99%, 5/7/2027 | 11/13/2025 | 5260 | 5265 |
| 11369 | 10045808, 5.55%, 5/7/2027 | 11/13/2025 | 10647 | 10584 |
| 1980 | 10046112, 4.99%, 5/7/2027 | 11/13/2025 | 1864 | 1877 |
| 1767 | 10046152, 4.54%, 5/7/2027 | 11/13/2025 | 1660 | 1708 |
| 1303 | 10046176, 6.45%, 5/7/2027 | 11/13/2025 | 1218 | 1164 |
| 1189 | 10046233, 6.47%, 5/7/2027 | 11/13/2025 | 1084 | 1125 |
| 1664 | 10046293, 4.54%, 5/7/2027 | 11/13/2025 | 1569 | 1604 |
| 1801 | 10046330, 5.54%, 5/7/2027 | 11/13/2025 | 1690 | 1678 |
| 14000 | 10046439, 6.47%, 5/7/2027 | 11/13/2025 | 13141 | 10835 |
| 7367 | 10046718, 5.54%, 5/7/2027 | 11/13/2025 | 6873 | 6962 |
| 1141 | 10046829, 6.46%, 5/7/2027 | 11/13/2025 | 1062 | 1043 |
| 1084 | 10046855, 6.46%, 5/7/2027 | 11/13/2025 | 1011 | 980 |
| 6296 | 10046870, 4.56%, 5/7/2027 | 11/13/2025 | 5956 | 6044 |
| 2572 | 10046943, 5.29%, 5/7/2027 | 11/13/2025 | 2429 | 2239 |
| 16193 | 10047002, 4.99%, 5/7/2027 | 11/13/2025 | 15261 | 15147 |
| 1641 | 10047196, 6.34%, 5/7/2027 | 11/13/2025 | 1556 | 1037 |
| 6900 | 10047208, 6.47%, 5/7/2027 | 11/13/2025 | 6316 | 6436 |
| 9716 | 10047359, 4.55%, 5/7/2027 | 11/13/2025 | 9186 | 9323 |
| 2756 | 10047473, 6.48%, 5/7/2027 | 11/13/2025 | 2562 | 2518 |

---

*See Notes to Financial Statements.*

14 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1218 | 10047514, 6.45%, 5/7/2027 | 11/13/2025 | 1123 | 1136 |
| 1419 | 10047536, 4.57%, 5/7/2027 | 11/13/2025 | 1337 | 1369 |
| 1852 | 10047568, 4.55%, 5/7/2027 | 11/13/2025 | 1753 | 1778 |
| 5400 | 10047597, 6.16%, 5/7/2027 | 11/13/2025 | 4938 | 5098 |
| 9064 | 10047678, 6.10%, 5/7/2027 | 11/13/2025 | 8365 | 8397 |
| 11040 | 10047813, 4.56%, 5/7/2027 | 11/13/2025 | 10330 | 10677 |
| 9656 | 10047911, 4.55%, 5/7/2027 | 11/13/2025 | 9104 | 9315 |
| 15881 | 10047946, 4.99%, 5/7/2027 | 11/13/2025 | 15017 | 14202 |
| 54274 | 10048141, 6.32%, 5/7/2027 | 11/13/2025 | 50797 | 48066 |
| 26297 | 10048627, 5.79%, 5/7/2027 | 11/13/2025 | 24176 | 24930 |
| 6369 | 10048837, 6.16%, 5/7/2027 | 11/13/2025 | 5992 | 4287 |
| 900 | 10048873, 5.33%, 5/7/2027 | 11/13/2025 | 831 | 858 |
| 1781 | 10048883, 6.48%, 5/7/2027 | 11/13/2025 | 1664 | 1571 |
| 5331 | 10048906, 5.54%, 5/7/2027 | 11/13/2025 | 4991 | 4992 |
| 1919 | 10048971, 6.32%, 5/7/2027 | 11/13/2025 | 1799 | 1704 |
| 686 | 10049002, 6.49%, 5/7/2027 | 11/13/2025 | 625 | 646 |
| 3033 | 10049009, 4.55%, 5/7/2027 | 11/13/2025 | 2855 | 2930 |
| 21079 | 10049030, 4.55%, 5/7/2027 | 11/13/2025 | 19918 | 20281 |
| 2232 | 10049328, 6.46%, 5/7/2027 | 11/13/2025 | 2069 | 2063 |
| 2948 | 10049362, 5.54%, 5/7/2027 | 11/13/2025 | 2754 | 2787 |
| 2405 | 10049391, 4.99%, 5/7/2027 | 11/13/2025 | 2266 | 2269 |
| 4479 | 10049413, 4.56%, 5/7/2027 | 11/13/2025 | 4231 | 4315 |
| 1928 | 10049439, 6.47%, 5/7/2027 | 11/13/2025 | 1785 | 1785 |
| 1706 | 10049475, 5.80%, 5/7/2027 | 11/13/2025 | 1611 | 1441 |
| 1631 | 10049497, 5.80%, 5/7/2027 | 11/13/2025 | 1525 | 1514 |
| 41177 | 10049563, 4.55%, 5/7/2027 | 11/13/2025 | 39038 | 38480 |
| 1984 | 10049856, 5.32%, 5/8/2027 | 11/14/2025 | 1881 | 1754 |
| 6858 | 10049886, 5.33%, 5/8/2027 | 11/14/2025 | 6480 | 6276 |
| 8049 | 10049937, 4.99%, 5/8/2027 | 11/14/2025 | 7566 | 7647 |
| 1726 | 10049989, 6.17%, 5/8/2027 | 11/14/2025 | 1610 | 1578 |
| 1497 | 10049997, 5.56%, 5/8/2027 | 11/14/2025 | 1391 | 1415 |
| 2029 | 10050014, 6.11%, 5/8/2027 | 11/14/2025 | 1881 | 1873 |
| 20619 | 10050032, 4.56%, 5/8/2027 | 11/14/2025 | 19444 | 19883 |
| 652 | 10050180, 5.34%, 5/8/2027 | 11/14/2025 | 613 | 602 |
| 730 | 10050186, 6.49%, 5/8/2027 | 11/14/2025 | 671 | 683 |
| 2223 | 10050193, 5.80%, 5/8/2027 | 11/14/2025 | 2084 | 2017 |
| 7764 | 10050205, 4.55%, 5/8/2027 | 11/14/2025 | 7315 | 7492 |
| 8290 | 10050263, 4.56%, 5/8/2027 | 11/14/2025 | 7826 | 7994 |
| 11925 | 10050309, 4.55%, 5/8/2027 | 11/14/2025 | 11214 | 11516 |
| 13318 | 10050408, 4.99%, 5/8/2027 | 11/14/2025 | 12507 | 12693 |
| 1828 | 10050500, 6.48%, 5/8/2027 | 11/14/2025 | 1704 | 1614 |
| 986 | 10050527, 6.33%, 5/8/2027 | 11/14/2025 | 903 | 924 |
| 9571 | 10050546, 4.55%, 5/8/2027 | 11/14/2025 | 9020 | 9227 |
| 2696 | 10050613, 5.29%, 5/8/2027 | 11/14/2025 | 2538 | 2351 |
| 12174 | 10050631, 6.16%, 5/8/2027 | 11/14/2025 | 11295 | 11047 |
| 1258 | 10050711, 5.32%, 5/8/2027 | 11/14/2025 | 1189 | 1152 |
| 6258 | 10050725, 4.55%, 5/8/2027 | 11/14/2025 | 5842 | 6040 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 15

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 12213 | 10050767, 4.56%, 5/8/2027 | 11/14/2025 | 11525 | 11776 |
| 1830 | 10050866, 5.52%, 5/9/2027 | 11/14/2025 | 1676 | 1738 |
| 12431 | 10050886, 5.29%, 5/9/2027 | 11/14/2025 | 11642 | 11754 |
| 3944 | 10050957, 4.55%, 5/9/2027 | 11/14/2025 | 3724 | 3800 |
| 1793 | 10050978, 6.47%, 5/9/2027 | 11/14/2025 | 1655 | 1660 |
| 3452 | 10050988, 6.16%, 5/9/2027 | 11/14/2025 | 3201 | 3222 |
| 1595 | 10051009, 5.32%, 5/9/2027 | 11/14/2025 | 1501 | 1491 |
| 2140 | 10051029, 5.79%, 5/9/2027 | 11/14/2025 | 1979 | 2024 |
| 14709 | 10051045, 6.15%, 5/9/2027 | 11/14/2025 | 13582 | 13766 |
| 10611 | 10051186, 4.55%, 5/9/2027 | 11/14/2025 | 10014 | 10232 |
| 2283 | 10051268, 5.30%, 5/9/2027 | 11/14/2025 | 2130 | 2168 |
| 5099 | 10051280, 4.54%, 5/9/2027 | 11/14/2025 | 4832 | 4772 |
| 6680 | 10051318, 4.55%, 5/9/2027 | 11/14/2025 | 6304 | 6441 |
| 4652 | 10051380, 4.55%, 5/9/2027 | 11/14/2025 | 4405 | 4453 |
| 848 | 10051423, 6.09%, 5/9/2027 | 11/14/2025 | 781 | 788 |
| 17650 | 10051435, 5.32%, 5/9/2027 | 11/14/2025 | 16722 | 15999 |
| 7326 | 10051575, 4.55%, 5/9/2027 | 11/14/2025 | 6908 | 7063 |
| 5386 | 10051613, 6.31%, 5/9/2027 | 11/14/2025 | 5020 | 4904 |
| 5801 | 10051662, 5.29%, 5/9/2027 | 11/14/2025 | 5475 | 5068 |
| 695 | 10051697, 6.08%, 5/9/2027 | 11/14/2025 | 649 | 642 |
| 2566 | 10051705, 6.45%, 5/9/2027 | 11/14/2025 | 2409 | 1998 |
| 2374 | 10051722, 5.54%, 5/9/2027 | 11/14/2025 | 2233 | 2059 |
| 1172 | 10051740, 6.44%, 5/10/2027 | 11/14/2025 | 1084 | 1086 |
| 3860 | 10052365, 4.54%, 5/10/2027 | 11/14/2025 | 3642 | 3722 |
| 5219 | 10052393, 4.54%, 5/10/2027 | 11/14/2025 | 4908 | 5046 |
| 6288 | 10052419, 4.97%, 5/10/2027 | 11/14/2025 | 5940 | 5645 |
| 6075 | 10052568, 4.54%, 5/10/2027 | 11/14/2025 | 5731 | 5851 |
| 1583 | 10052683, 6.44%, 5/10/2027 | 11/14/2025 | 1478 | 1425 |
| 2120 | 10052695, 6.13%, 5/10/2027 | 11/14/2025 | 1984 | 1893 |
| 3937 | 10052777, 5.52%, 5/10/2027 | 11/14/2025 | 3666 | 3718 |
| 11646 | 10052909, 4.54%, 5/10/2027 | 11/14/2025 | 10987 | 11230 |
| 6707 | 10053143, 5.77%, 5/10/2027 | 11/14/2025 | 6221 | 6319 |
| 34005 | 10053332, 5.31%, 5/10/2027 | 11/14/2025 | 32492 | 24090 |
| 38626 | 10053925, 4.54%, 5/10/2027 | 11/14/2025 | 36348 | 37301 |
| 3454 | 10054431, 4.53%, 5/10/2027 | 11/14/2025 | 3249 | 3336 |
| 6010 | 10054478, 5.28%, 5/10/2027 | 11/14/2025 | 5654 | 5570 |
| 4858 | 10054522, 5.27%, 5/10/2027 | 11/14/2025 | 4550 | 4593 |
| 18603 | 10054578, 4.54%, 5/10/2027 | 11/14/2025 | 17569 | 17923 |
| 7790 | 10054801, 5.28%, 5/10/2027 | 11/14/2025 | 7316 | 7302 |
| 5079 | 10054901, 6.15%, 5/10/2027 | 11/14/2025 | 4770 | 4210 |
| 5713 | 10054935, 4.54%, 5/10/2027 | 11/14/2025 | 5390 | 5509 |
| 40125 | 10054988, 6.45%, 5/10/2027 | 11/14/2025 | 37584 | 31714 |
| 25948 | 10055412, 5.53%, 5/10/2027 | 11/14/2025 | 24060 | 24616 |
| 1528 | 10055608, 5.52%, 5/10/2027 | 11/14/2025 | 1416 | 1449 |
| 3992 | 10055621, 4.54%, 5/10/2027 | 11/14/2025 | 3774 | 3831 |
| 18956 | 10055658, 5.52%, 5/10/2027 | 11/14/2025 | 17748 | 17760 |

---

*See Notes to Financial Statements.*

16 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 11101 | 10055894, 5.77%, 5/10/2027 | 11/14/2025 | 10200 | 10520 |
| 14828 | 10056054, 5.77%, 5/10/2027 | 11/14/2025 | 13672 | 14030 |
| 35725 | 10056167, 4.54%, 5/10/2027 | 11/14/2025 | 33776 | 34376 |
| 7927 | 10056423, 4.54%, 5/10/2027 | 11/14/2025 | 7472 | 7649 |
| 6945 | 10056530, 4.54%, 5/10/2027 | 11/14/2025 | 6551 | 6696 |
| 2739 | 10056642, 6.08%, 5/10/2027 | 11/14/2025 | 2580 | 2267 |
| 9961 | 10056689, 4.54%, 5/10/2027 | 11/14/2025 | 9378 | 9620 |
| 3999 | 10056793, 6.29%, 5/10/2027 | 11/14/2025 | 3692 | 3712 |
| 3860 | 10056846, 4.97%, 5/10/2027 | 11/14/2025 | 3637 | 3644 |
| 35896 | 10056870, 4.54%, 5/10/2027 | 11/14/2025 | 33924 | 34540 |
| 2729 | 10057195, 6.15%, 5/10/2027 | 11/14/2025 | 2542 | 2520 |
| 1886 | 10057211, 5.54%, 5/10/2027 | 11/17/2025 | 1752 | 1780 |
| 14875 | 10057246, 5.28%, 5/11/2027 | 11/17/2025 | 13895 | 14089 |
| 1932 | 10057341, 6.13%, 5/11/2027 | 11/17/2025 | 1790 | 1803 |
| 20811 | 10057355, 6.14%, 5/11/2027 | 11/17/2025 | 18954 | 19654 |
| 5377 | 10057530, 6.45%, 5/11/2027 | 11/17/2025 | 4971 | 4941 |
| 771 | 10057588, 6.15%, 5/11/2027 | 11/17/2025 | 705 | 730 |
| 23185 | 10057598, 4.54%, 5/11/2027 | 11/17/2025 | 21891 | 22308 |
| 37243 | 10057741, 5.31%, 5/11/2027 | 11/17/2025 | 35699 | 20973 |
| 1407 | 10057947, 6.16%, 5/11/2027 | 11/17/2025 | 1302 | 1312 |
| 7368 | 10057957, 4.97%, 5/11/2027 | 11/17/2025 | 6951 | 6898 |
| 9820 | 10057996, 6.45%, 5/11/2027 | 11/17/2025 | 9136 | 8999 |
| 10977 | 10058054, 5.52%, 5/11/2027 | 11/17/2025 | 10359 | 9556 |
| 18234 | 10058105, 4.54%, 5/11/2027 | 11/17/2025 | 17039 | 17635 |
| 5026 | 10058244, 6.45%, 5/11/2027 | 11/17/2025 | 4609 | 4693 |
| 40685 | 10058274, 5.31%, 5/11/2027 | 11/17/2025 | 38206 | 38008 |
| 10432 | 10058439, 4.97%, 5/11/2027 | 11/17/2025 | 9847 | 9766 |
| 1154 | 10058467, 5.31%, 5/11/2027 | 11/17/2025 | 1064 | 1097 |
| 9940 | 10058472, 6.14%, 5/11/2027 | 11/17/2025 | 9084 | 9389 |
| 3212 | 10058519, 4.55%, 5/11/2027 | 11/17/2025 | 3038 | 3075 |
| 13128 | 10058532, 4.54%, 5/11/2027 | 11/17/2025 | 12378 | 12654 |
| 47205 | 10058594, 4.54%, 5/11/2027 | 11/17/2025 | 44571 | 45474 |
| 2308 | 10058791, 4.98%, 5/11/2027 | 11/17/2025 | 2143 | 2221 |
| 8056 | 10058803, 4.97%, 5/11/2027 | 11/17/2025 | 7521 | 7744 |
| 2141 | 10058831, 6.14%, 5/11/2027 | 11/17/2025 | 1988 | 1990 |
| 5879 | 10058839, 4.54%, 5/11/2027 | 11/17/2025 | 5534 | 5673 |
| 11610 | 10058872, 4.54%, 5/11/2027 | 11/17/2025 | 11028 | 10875 |
| 836 | 10058931, 6.41%, 5/11/2027 | 11/17/2025 | 783 | 727 |
| 5942 | 10058934, 4.54%, 5/11/2027 | 11/17/2025 | 5596 | 5739 |
| 18417 | 10058979, 6.45%, 5/11/2027 | 11/17/2025 | 17016 | 17022 |
| 9639 | 10059556, 5.51%, 5/12/2027 | 11/17/2025 | 9027 | 8990 |
| 12891 | 10059786, 4.96%, 5/12/2027 | 11/17/2025 | 12178 | 11610 |
| 14762 | 10060025, 4.53%, 5/12/2027 | 11/17/2025 | 13918 | 14245 |
| 38975 | 10060426, 5.52%, 5/12/2027 | 11/17/2025 | 36409 | 36619 |
| 19691 | 10061100, 4.53%, 5/12/2027 | 11/17/2025 | 18623 | 18907 |
| 1021 | 10061293, 4.53%, 5/12/2027 | 11/17/2025 | 967 | 977 |
| 18355 | 10061297, 5.76%, 5/12/2027 | 11/17/2025 | 17190 | 16949 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 17

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2101 | 10061558, 6.28%, 5/12/2027 | 11/17/2025 | 1907 | 1951 |
| 4246 | 10061593, 4.96%, 5/12/2027 | 11/17/2025 | 3974 | 4061 |
| 12951 | 10061625, 4.53%, 5/12/2027 | 11/17/2025 | 12232 | 12458 |
| 9525 | 10061778, 6.13%, 5/12/2027 | 11/17/2025 | 8928 | 7944 |
| 3191 | 10061914, 6.27%, 5/12/2027 | 11/17/2025 | 2952 | 2965 |
| 6447 | 10061972, 6.13%, 5/12/2027 | 11/17/2025 | 5999 | 5953 |
| 3137 | 10062070, 6.45%, 5/12/2027 | 11/17/2025 | 2957 | 1880 |
| 8136 | 10062091, 4.96%, 5/12/2027 | 11/17/2025 | 7592 | 7797 |
| 10481 | 10062153, 4.53%, 5/12/2027 | 11/17/2025 | 9798 | 10123 |
| 2151 | 10062217, 5.51%, 5/12/2027 | 11/17/2025 | 2003 | 2031 |
| 2397 | 10062247, 5.30%, 5/12/2027 | 11/17/2025 | 2284 | 2020 |
| 13543 | 10062252, 6.44%, 5/12/2027 | 11/17/2025 | 12571 | 12404 |
| 53577 | 10062389, 4.53%, 5/12/2027 | 11/17/2025 | 50533 | 51618 |
| 4014 | 10063040, 5.30%, 5/12/2027 | 11/17/2025 | 3810 | 3568 |
| 941 | 10063056, 6.44%, 5/12/2027 | 11/17/2025 | 872 | 871 |
| 48684 | 10063074, 5.51%, 5/12/2027 | 11/17/2025 | 44824 | 46566 |
| 17849 | 10066793, 5.54%, 5/13/2027 | 11/18/2025 | 16629 | 16872 |
| 2293 | 10066996, 6.30%, 5/13/2027 | 11/18/2025 | 2162 | 1756 |
| 1774 | 10067032, 6.44%, 5/13/2027 | 11/18/2025 | 1650 | 1598 |
| 2207 | 10067057, 6.45%, 5/13/2027 | 11/18/2025 | 2042 | 2036 |
| 895 | 10067084, 5.32%, 5/13/2027 | 11/18/2025 | 857 | 520 |
| 2940 | 10067087, 4.55%, 5/13/2027 | 11/18/2025 | 2760 | 2841 |
| 5114 | 10067147, 4.55%, 5/13/2027 | 11/18/2025 | 4806 | 4935 |
| 27148 | 10067218, 5.32%, 5/13/2027 | 11/18/2025 | 25587 | 24940 |
| 15872 | 10067748, 4.55%, 5/13/2027 | 11/18/2025 | 14992 | 15270 |
| 2683 | 10068161, 6.47%, 5/13/2027 | 11/18/2025 | 2466 | 2501 |
| 8619 | 10068221, 5.54%, 5/13/2027 | 11/18/2025 | 8061 | 8073 |
| 6772 | 10068355, 6.31%, 5/13/2027 | 11/18/2025 | 6337 | 5844 |
| 27339 | 10068468, 4.55%, 5/13/2027 | 11/18/2025 | 25635 | 26418 |
| 27919 | 10068828, 4.55%, 5/13/2027 | 11/18/2025 | 26347 | 26890 |
| 2229 | 10069221, 6.46%, 5/13/2027 | 11/18/2025 | 2070 | 2013 |
| 15478 | 10069285, 4.55%, 5/13/2027 | 11/18/2025 | 14578 | 14929 |
| 1299 | 10069556, 5.76%, 5/13/2027 | 11/18/2025 | 1207 | 1224 |
| 17506 | 10069568, 6.15%, 5/13/2027 | 11/18/2025 | 16324 | 16022 |
| 4002 | 10069732, 4.54%, 5/13/2027 | 11/18/2025 | 3774 | 3858 |
| 8193 | 10069769, 4.55%, 5/13/2027 | 11/18/2025 | 7733 | 7891 |
| 45311 | 10069841, 4.55%, 5/13/2027 | 11/18/2025 | 42730 | 43672 |
| 4368 | 10070177, 4.55%, 5/13/2027 | 11/18/2025 | 4122 | 4207 |
| 32688 | 10070195, 4.55%, 5/13/2027 | 11/18/2025 | 30841 | 31512 |
| 3233 | 10070463, 6.30%, 5/13/2027 | 11/18/2025 | 3009 | 2962 |
| 4925 | 10070484, 6.15%, 5/13/2027 | 11/18/2025 | 4579 | 4580 |
| 1241 | 10070561, 6.32%, 5/13/2027 | 11/18/2025 | 1139 | 1163 |
| 2586 | 10070583, 5.55%, 5/13/2027 | 11/18/2025 | 2423 | 2376 |
| 6689 | 10070616, 5.32%, 5/13/2027 | 11/18/2025 | 6356 | 5655 |
| 3994 | 10070681, 6.09%, 5/13/2027 | 11/18/2025 | 3732 | 3477 |
| 74899 | 10070738, 4.55%, 5/13/2027 | 11/18/2025 | 70970 | 70232 |

---

*See Notes to Financial Statements.*

18 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1643 | 10071363, 5.80%, 5/13/2027 | 11/18/2025 | 1536 | 1516 |
| 2091 | 10071408, 5.53%, 5/13/2027 | 11/18/2025 | 1953 | 1964 |
| 36999 | 10071420, 4.98%, 5/13/2027 | 11/18/2025 | 34801 | 35108 |
| 12117 | 10071783, 4.55%, 5/14/2027 | 11/19/2025 | 11425 | 11674 |
| 42592 | 10071943, 5.29%, 5/14/2027 | 11/19/2025 | 39916 | 39950 |
| 1534 | 10072487, 6.31%, 5/14/2027 | 11/19/2025 | 1421 | 1412 |
| 2249 | 10072509, 4.53%, 5/14/2027 | 11/19/2025 | 2123 | 2167 |
| 11742 | 10072576, 6.46%, 5/14/2027 | 11/19/2025 | 10748 | 10994 |
| 7470 | 10072921, 4.55%, 5/14/2027 | 11/19/2025 | 7034 | 7206 |
| 7835 | 10073117, 5.54%, 5/14/2027 | 11/19/2025 | 7276 | 7405 |
| 12140 | 10073275, 5.78%, 5/14/2027 | 11/19/2025 | 11294 | 11339 |
| 14593 | 10073427, 5.32%, 5/14/2027 | 11/19/2025 | 13644 | 13615 |
| 1481 | 10073637, 6.44%, 5/14/2027 | 11/19/2025 | 1386 | 1169 |
| 27827 | 10073644, 6.46%, 5/14/2027 | 11/19/2025 | 25810 | 25129 |
| 249 | 10074135, 5.31%, 5/14/2027 | 11/19/2025 | 228 | 236 |
| 8028 | 10074157, 5.53%, 5/14/2027 | 11/19/2025 | 7551 | 7017 |
| 914 | 10074209, 5.30%, 5/14/2027 | 11/19/2025 | 862 | 841 |
| 19783 | 10074218, 4.55%, 5/14/2027 | 11/19/2025 | 18624 | 19096 |
| 980 | 10074471, 6.48%, 5/14/2027 | 11/19/2025 | 905 | 905 |
| 27891 | 10074481, 4.98%, 5/14/2027 | 11/19/2025 | 26312 | 25192 |
| 4981 | 10074668, 4.55%, 5/14/2027 | 11/19/2025 | 4700 | 4802 |
| 18358 | 10074729, 6.31%, 5/14/2027 | 11/19/2025 | 17098 | 16721 |
| 62842 | 10074933, 4.55%, 5/14/2027 | 11/19/2025 | 59453 | 58973 |
| 11748 | 10075354, 6.46%, 5/14/2027 | 11/19/2025 | 10823 | 10846 |
| 46277 | 10075458, 4.55%, 5/14/2027 | 11/19/2025 | 43304 | 44735 |
| 1178 | 10076323, 6.47%, 5/15/2027 | 11/20/2025 | 1070 | 1110 |
| 66463 | 10076354, 4.55%, 5/15/2027 | 11/20/2025 | 62668 | 64055 |
| 2112 | 10076723, 6.45%, 5/15/2027 | 11/20/2025 | 1955 | 1949 |
| 691 | 10076729, 6.19%, 5/15/2027 | 11/20/2025 | 644 | 618 |
| 37031 | 10076733, 4.55%, 5/15/2027 | 11/20/2025 | 34897 | 35681 |
| 2403 | 10076997, 6.32%, 5/15/2027 | 11/20/2025 | 2257 | 1668 |
| 5260 | 10077013, 4.55%, 5/15/2027 | 11/20/2025 | 4961 | 5065 |
| 4712 | 10077050, 5.29%, 5/15/2027 | 11/20/2025 | 4407 | 4451 |
| 6024 | 10077078, 4.54%, 5/15/2027 | 11/20/2025 | 5691 | 5783 |
| 22302 | 10077110, 4.55%, 5/15/2027 | 11/20/2025 | 21109 | 20942 |
| 14328 | 10077237, 4.54%, 5/16/2027 | 11/20/2025 | 13531 | 13755 |
| 5180 | 10077309, 6.14%, 5/16/2027 | 11/20/2025 | 4807 | 4821 |
| 943 | 10077326, 5.29%, 5/16/2027 | 11/20/2025 | 877 | 885 |
| 675 | 10077338, 4.56%, 5/16/2027 | 11/20/2025 | 638 | 646 |
| 1005 | 10077343, 6.29%, 5/16/2027 | 11/20/2025 | 939 | 897 |
| 10666 | 10077346, 4.54%, 5/16/2027 | 11/20/2025 | 10045 | 10287 |
| 17066 | 10077409, 5.77%, 5/16/2027 | 11/20/2025 | 15705 | 16161 |
| 4988 | 10077532, 6.44%, 5/16/2027 | 11/20/2025 | 4692 | 3123 |
| 2349 | 10077563, 5.77%, 5/16/2027 | 11/20/2025 | 2175 | 2213 |
| 1388 | 10077578, 6.44%, 5/16/2027 | 11/20/2025 | 1301 | 1103 |
| 19892 | 10077592, 4.54%, 5/16/2027 | 11/20/2025 | 18757 | 19171 |
| 9562 | 10077706, 6.14%, 5/16/2027 | 11/20/2025 | 8850 | 8918 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 19

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 12352 | 10077782, 5.53%, 5/16/2027 | 11/20/2025 | 11538 | 11607 |
| 12520 | 10077874, 4.54%, 5/16/2027 | 11/20/2025 | 11832 | 12020 |
| 4136 | 10077946, 5.31%, 5/16/2027 | 11/20/2025 | 3904 | 3764 |
| 1175 | 10077978, 5.75%, 5/16/2027 | 11/20/2025 | 1089 | 1106 |
| 3692 | 10077988, 6.14%, 5/16/2027 | 11/20/2025 | 3459 | 3093 |
| 7617 | 10078018, 5.28%, 5/16/2027 | 11/20/2025 | 7169 | 6747 |
| 787 | 10078058, 5.32%, 5/16/2027 | 11/20/2025 | 744 | 725 |
| 13539 | 10078066, 4.97%, 5/16/2027 | 11/20/2025 | 12712 | 12869 |
| 2229 | 10079031, 4.54%, 5/17/2027 | 11/20/2025 | 2110 | 2096 |
| 33430 | 10079042, 4.53%, 5/17/2027 | 11/20/2025 | 31374 | 32300 |
| 4010 | 10079797, 4.96%, 5/17/2027 | 11/20/2025 | 3735 | 3854 |
| 30748 | 10079908, 6.44%, 5/17/2027 | 11/20/2025 | 28247 | 28631 |
| 6081 | 10080487, 4.53%, 5/17/2027 | 11/20/2025 | 5741 | 5850 |
| 6457 | 10080562, 4.53%, 5/17/2027 | 11/20/2025 | 6082 | 6229 |
| 2184 | 10080654, 6.29%, 5/17/2027 | 11/20/2025 | 2041 | 1898 |
| 2987 | 10080680, 5.77%, 5/17/2027 | 11/20/2025 | 2782 | 2792 |
| 39425 | 10080704, 6.13%, 5/17/2027 | 11/20/2025 | 36588 | 36687 |
| 11284 | 10081044, 5.51%, 5/17/2027 | 11/20/2025 | 10558 | 10523 |
| 1927 | 10081211, 4.54%, 5/17/2027 | 11/20/2025 | 1816 | 1859 |
| 2896 | 10081220, 4.54%, 5/17/2027 | 11/20/2025 | 2731 | 2791 |
| 28940 | 10081236, 4.53%, 5/17/2027 | 11/20/2025 | 27168 | 27957 |
| 5517 | 10081481, 4.52%, 5/17/2027 | 11/20/2025 | 5189 | 5326 |
| 1492 | 10081506, 6.41%, 5/17/2027 | 11/20/2025 | 1399 | 1053 |
| 10809 | 10081517, 4.53%, 5/17/2027 | 11/20/2025 | 10189 | 10412 |
| 1890 | 10081596, 6.44%, 5/17/2027 | 11/20/2025 | 1744 | 1749 |
| 38942 | 10081611, 5.76%, 5/17/2027 | 11/20/2025 | 36257 | 36396 |
| 10419 | 10081988, 6.13%, 5/17/2027 | 11/20/2025 | 9700 | 9541 |
| 2445 | 10082031, 4.96%, 5/17/2027 | 11/20/2025 | 2287 | 2343 |
| 6788 | 10082046, 4.96%, 5/17/2027 | 11/20/2025 | 6331 | 6522 |
| 4215 | 10082072, 6.29%, 5/17/2027 | 11/20/2025 | 3890 | 3921 |
| 2984 | 10082107, 4.53%, 5/17/2027 | 11/20/2025 | 2814 | 2872 |
| 5994 | 10082135, 6.06%, 5/17/2027 | 11/20/2025 | 5618 | 5404 |
| 8950 | 10082217, 6.13%, 5/17/2027 | 11/20/2025 | 8310 | 8332 |
| 1666 | 10082273, 4.96%, 5/17/2027 | 11/20/2025 | 1560 | 1596 |
| 14497 | 10082276, 4.53%, 5/17/2027 | 11/20/2025 | 13679 | 13964 |
| 1509 | 10082412, 6.45%, 5/17/2027 | 11/20/2025 | 1390 | 1406 |
| 61020 | 10082423, 6.13%, 5/17/2027 | 11/20/2025 | 56897 | 54793 |
| 3330 | 10082846, 5.27%, 5/17/2027 | 11/20/2025 | 3140 | 2953 |
| 1363 | 10082872, 6.42%, 5/17/2027 | 11/20/2025 | 1266 | 1236 |
| 954 | 10082901, 6.44%, 5/17/2027 | 11/20/2025 | 883 | 887 |
| 8334 | 10082903, 4.53%, 5/17/2027 | 11/20/2025 | 7888 | 7834 |
| 16206 | 10082977, 6.44%, 5/17/2027 | 11/20/2025 | 15070 | 14669 |
| 9688 | 10083109, 6.44%, 5/17/2027 | 11/20/2025 | 8862 | 9058 |
| 12186 | 10083246, 6.43%, 5/17/2027 | 11/20/2025 | 11318 | 11225 |
| 12072 | 10083369, 4.53%, 5/17/2027 | 11/20/2025 | 11375 | 11646 |
| 962 | 10083496, 6.44%, 5/17/2027 | 11/20/2025 | 890 | 885 |

---

*See Notes to Financial Statements.*

20 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 52320 | 10083503, 4.53%, 5/17/2027 | 11/20/2025 | 49342 | 50423 |
| 12935 | 10083862, 4.53%, 5/18/2027 | 11/21/2025 | 12177 | 12486 |
| 2577 | 10084113, 4.52%, 5/18/2027 | 11/21/2025 | 2430 | 2483 |
| 4767 | 10084182, 4.96%, 5/18/2027 | 11/21/2025 | 4489 | 4468 |
| 24546 | 10084281, 4.53%, 5/18/2027 | 11/21/2025 | 23066 | 23709 |
| 13521 | 10084775, 5.51%, 5/18/2027 | 11/21/2025 | 12675 | 12476 |
| 1554 | 10085139, 6.45%, 5/18/2027 | 11/21/2025 | 1444 | 1410 |
| 3828 | 10085146, 4.96%, 5/18/2027 | 11/21/2025 | 3591 | 3649 |
| 3243 | 10085209, 4.53%, 5/18/2027 | 11/21/2025 | 3053 | 3130 |
| 6702 | 10085261, 5.52%, 5/18/2027 | 11/21/2025 | 6181 | 6404 |
| 11044 | 10085303, 4.53%, 5/18/2027 | 11/21/2025 | 10427 | 10625 |
| 53148 | 10085414, 4.96%, 5/18/2027 | 11/21/2025 | 49930 | 50475 |
| 4815 | 10086040, 6.13%, 5/18/2027 | 11/21/2025 | 4425 | 4515 |
| 9716 | 10086134, 6.13%, 5/18/2027 | 11/21/2025 | 8966 | 9089 |
| 13331 | 10086221, 5.51%, 5/18/2027 | 11/21/2025 | 12375 | 12632 |
| 5747 | 10086374, 5.27%, 5/18/2027 | 11/21/2025 | 5385 | 5381 |
| 2780 | 10086408, 4.97%, 5/18/2027 | 11/21/2025 | 2615 | 2625 |
| 57063 | 10086422, 4.53%, 5/18/2027 | 11/21/2025 | 53910 | 54796 |
| 3696 | 10086856, 6.44%, 5/18/2027 | 11/21/2025 | 3438 | 3337 |
| 1509 | 10086890, 6.08%, 5/18/2027 | 11/21/2025 | 1406 | 1375 |
| 3609 | 10086913, 4.53%, 5/18/2027 | 11/21/2025 | 3380 | 3488 |
| 5512 | 10086950, 4.97%, 5/18/2027 | 11/21/2025 | 5160 | 5280 |
| 4176 | 10087032, 4.52%, 5/18/2027 | 11/21/2025 | 3948 | 3924 |
| 5765 | 10087062, 6.29%, 5/18/2027 | 11/21/2025 | 5319 | 5368 |
| 1603 | 10087113, 6.29%, 5/18/2027 | 11/21/2025 | 1487 | 1478 |
| 17622 | 10087145, 5.51%, 5/18/2027 | 11/21/2025 | 16481 | 16519 |
| 18273 | 10087306, 5.27%, 5/18/2027 | 11/21/2025 | 17117 | 17164 |
| 7353 | 10087443, 4.53%, 5/18/2027 | 11/21/2025 | 6910 | 7103 |
| 5776 | 10087506, 4.53%, 5/18/2027 | 11/21/2025 | 5433 | 5576 |
| 11604 | 10087537, 5.51%, 5/18/2027 | 11/21/2025 | 10744 | 11053 |
| 479 | 10087649, 5.35%, 5/18/2027 | 11/21/2025 | 448 | 449 |
| 2037 | 10087657, 5.30%, 5/18/2027 | 11/21/2025 | 1935 | 1745 |
| 3496 | 10087668, 6.44%, 5/18/2027 | 11/21/2025 | 3184 | 3306 |
| 49691 | 10087719, 5.76%, 5/18/2027 | 11/21/2025 | 46440 | 45876 |
| 2570 | 10088002, 4.54%, 5/18/2027 | 11/21/2025 | 2405 | 2484 |
| 3390 | 10088027, 6.43%, 5/18/2027 | 11/21/2025 | 3151 | 3061 |
| 1656 | 10088051, 5.51%, 5/18/2027 | 11/21/2025 | 1551 | 1528 |
| 52095 | 10088060, 5.51%, 5/18/2027 | 11/21/2025 | 48781 | 48567 |
| 814 | 10088494, 6.05%, 5/19/2027 | 11/24/2025 | 767 | 609 |
| 4563 | 10088531, 6.28%, 5/19/2027 | 11/24/2025 | 4257 | 4075 |
| 4046 | 10088620, 4.53%, 5/19/2027 | 11/24/2025 | 3800 | 3909 |
| 12909 | 10088695, 5.52%, 5/19/2027 | 11/24/2025 | 12083 | 12039 |
| 3508 | 10088970, 6.29%, 5/19/2027 | 11/24/2025 | 3170 | 3292 |
| 1927 | 10089052, 4.97%, 5/19/2027 | 11/24/2025 | 1794 | 1842 |
| 2879 | 10089104, 5.76%, 5/19/2027 | 11/24/2025 | 2653 | 2723 |
| 3069 | 10089163, 6.43%, 5/19/2027 | 11/24/2025 | 2859 | 2694 |
| 14907 | 10089221, 4.53%, 5/19/2027 | 11/24/2025 | 14131 | 14032 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 21

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 701 | 10089478, 5.31%, 5/19/2027 | 11/24/2025 | 606 | 667 |
| 26553 | 10089558, 4.53%, 5/19/2027 | 11/24/2025 | 25041 | 25575 |
| 2121 | 10090068, 4.53%, 5/19/2027 | 11/24/2025 | 2007 | 1997 |
| 2883 | 10090081, 4.54%, 5/19/2027 | 11/24/2025 | 2715 | 2781 |
| 4974 | 10090117, 4.53%, 5/19/2027 | 11/24/2025 | 4681 | 4798 |
| 36577 | 10090177, 6.13%, 5/19/2027 | 11/24/2025 | 33837 | 34138 |
| 29400 | 10090542, 4.96%, 5/19/2027 | 11/24/2025 | 27512 | 28090 |
| 75513 | 10090802, 4.53%, 5/19/2027 | 11/24/2025 | 71225 | 72725 |
| 18709 | 10091412, 6.13%, 5/19/2027 | 11/24/2025 | 17318 | 17464 |
| 10774 | 10091526, 4.96%, 5/19/2027 | 11/24/2025 | 10122 | 10230 |
| 11373 | 10091577, 4.53%, 5/19/2027 | 11/24/2025 | 10724 | 10952 |
| 61976 | 10091743, 4.53%, 5/19/2027 | 11/24/2025 | 58562 | 59512 |
| 1458 | 10092269, 6.28%, 5/19/2027 | 11/24/2025 | 1324 | 1370 |
| 17929 | 10092283, 4.53%, 5/19/2027 | 11/24/2025 | 16886 | 17296 |
| 13255 | 10092376, 4.53%, 5/19/2027 | 11/24/2025 | 12486 | 12786 |
| 4068 | 10092476, 6.13%, 5/19/2027 | 11/24/2025 | 3711 | 3848 |
| 18057 | 10092552, 6.43%, 5/19/2027 | 11/24/2025 | 16707 | 16669 |
| 5891 | 10092657, 4.53%, 5/19/2027 | 11/24/2025 | 5543 | 5682 |
| 2520 | 10092692, 4.54%, 5/19/2027 | 11/24/2025 | 2375 | 2428 |
| 79701 | 10092711, 4.53%, 5/19/2027 | 11/24/2025 | 75580 | 75028 |
| 13975 | 10097299, 5.54%, 5/20/2027 | 11/25/2025 | 13032 | 13130 |
| 3955 | 10097660, 4.55%, 5/20/2027 | 11/25/2025 | 3724 | 3818 |
| 4179 | 10097725, 5.78%, 5/20/2027 | 11/25/2025 | 3888 | 3888 |
| 5178 | 10097809, 5.29%, 5/20/2027 | 11/25/2025 | 4852 | 4804 |
| 5414 | 10097896, 4.54%, 5/20/2027 | 11/25/2025 | 5106 | 5208 |
| 19364 | 10097985, 5.29%, 5/20/2027 | 11/25/2025 | 18076 | 18323 |
| 9337 | 10098390, 5.78%, 5/20/2027 | 11/25/2025 | 8656 | 8786 |
| 2568 | 10098630, 6.47%, 5/20/2027 | 11/25/2025 | 2369 | 2263 |
| 5447 | 10098747, 4.55%, 5/20/2027 | 11/25/2025 | 5134 | 5245 |
| 5279 | 10098846, 5.29%, 5/20/2027 | 11/25/2025 | 4912 | 5025 |
| 3994 | 10098939, 4.55%, 5/20/2027 | 11/25/2025 | 3760 | 3852 |
| 9616 | 10098996, 4.55%, 5/20/2027 | 11/25/2025 | 9054 | 9264 |
| 4720 | 10099158, 4.55%, 5/20/2027 | 11/25/2025 | 4448 | 4544 |
| 2752 | 10099227, 6.47%, 5/20/2027 | 11/25/2025 | 2529 | 2565 |
| 53191 | 10099258, 5.29%, 5/20/2027 | 11/25/2025 | 49662 | 50358 |
| 33440 | 10099970, 4.98%, 5/20/2027 | 11/25/2025 | 31432 | 31353 |
| 15205 | 10100407, 4.55%, 5/20/2027 | 11/25/2025 | 14296 | 14670 |
| 7834 | 10100571, 4.54%, 5/20/2027 | 11/25/2025 | 7392 | 7521 |
| 15959 | 10100637, 4.55%, 5/20/2027 | 11/25/2025 | 14894 | 15401 |
| 3732 | 10100864, 5.29%, 5/20/2027 | 11/25/2025 | 3465 | 3566 |
| 3105 | 10100918, 5.54%, 5/20/2027 | 11/25/2025 | 2895 | 2907 |
| 4715 | 10100942, 4.55%, 5/20/2027 | 11/25/2025 | 4444 | 4539 |
| 5892 | 10101018, 4.54%, 5/20/2027 | 11/25/2025 | 5555 | 5665 |
| 26280 | 10101069, 4.98%, 5/20/2027 | 11/25/2025 | 24649 | 24980 |
| 4778 | 10101281, 6.15%, 5/20/2027 | 11/25/2025 | 4421 | 4460 |
| 5194 | 10101337, 4.55%, 5/20/2027 | 11/25/2025 | 4903 | 4988 |

---

*See Notes to Financial Statements.*

22 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 22539 | 10101367, 6.15%, 5/20/2027 | 11/25/2025 | 20917 | 20818 |
| 13399 | 10101640, 4.55%, 5/20/2027 | 11/25/2025 | 12669 | 12620 |
| 4064 | 10101787, 6.31%, 5/20/2027 | 11/25/2025 | 3779 | 3703 |
| 23291 | 10101832, 5.29%, 5/20/2027 | 11/25/2025 | 21795 | 21899 |
| 3502 | 10101959, 6.46%, 5/20/2027 | 11/25/2025 | 3259 | 2883 |
| 2399 | 10102018, 6.46%, 5/20/2027 | 11/25/2025 | 2234 | 1966 |
| 4819 | 10102056, 6.46%, 5/20/2027 | 11/25/2025 | 4482 | 3968 |
| 7429 | 10102114, 4.55%, 5/20/2027 | 11/25/2025 | 7004 | 7153 |
| 39865 | 10102219, 5.29%, 5/20/2027 | 11/25/2025 | 37317 | 37350 |
| 1241 | 10102636, 6.10%, 5/20/2027 | 11/25/2025 | 1136 | 1164 |
| 5486 | 10102651, 4.55%, 5/20/2027 | 11/25/2025 | 5166 | 5291 |
| 4593 | 10102685, 6.45%, 5/20/2027 | 11/25/2025 | 4274 | 4049 |
| 9707 | 10102748, 6.15%, 5/21/2027 | 11/26/2025 | 8920 | 9116 |
| 2025 | 10102945, 5.32%, 5/21/2027 | 11/26/2025 | 1912 | 1806 |
| 623 | 10102982, 5.31%, 5/21/2027 | 11/26/2025 | 591 | 473 |
| 12618 | 10102991, 4.55%, 5/21/2027 | 11/26/2025 | 11916 | 12086 |
| 4916 | 10103181, 6.46%, 5/21/2027 | 11/26/2025 | 4523 | 4565 |
| 1197 | 10103242, 6.30%, 5/21/2027 | 11/26/2025 | 1110 | 1100 |
| 19813 | 10103298, 4.55%, 5/21/2027 | 11/26/2025 | 18635 | 19109 |
| 3404 | 10103646, 4.54%, 5/21/2027 | 11/26/2025 | 3201 | 3284 |
| 9634 | 10103757, 4.98%, 5/21/2027 | 11/26/2025 | 9055 | 9034 |
| 27357 | 10103981, 4.55%, 5/21/2027 | 11/26/2025 | 25884 | 25774 |
| 3345 | 10104627, 6.09%, 5/21/2027 | 11/26/2025 | 3130 | 2961 |
| 9724 | 10104672, 6.46%, 5/21/2027 | 11/26/2025 | 8950 | 9002 |
| 6933 | 10104801, 6.16%, 5/21/2027 | 11/26/2025 | 6450 | 6256 |
| 5163 | 10104909, 5.54%, 5/21/2027 | 11/26/2025 | 4777 | 4891 |
| 3905 | 10104962, 6.15%, 5/21/2027 | 11/26/2025 | 3627 | 3577 |
| 3150 | 10104991, 4.54%, 5/21/2027 | 11/26/2025 | 2974 | 3017 |
| 5901 | 10105016, 4.54%, 5/21/2027 | 11/26/2025 | 5580 | 5559 |
| 4075 | 10105071, 4.98%, 5/21/2027 | 11/26/2025 | 3788 | 3917 |
| 13912 | 10105185, 5.54%, 5/21/2027 | 11/26/2025 | 12974 | 13072 |
| 2208 | 10105400, 6.46%, 5/21/2027 | 11/26/2025 | 2025 | 2065 |
| 6963 | 10105432, 4.98%, 5/21/2027 | 11/26/2025 | 6534 | 6613 |
| 13907 | 10105512, 5.32%, 5/21/2027 | 11/26/2025 | 12962 | 13058 |
| 11534 | 10105612, 6.15%, 5/21/2027 | 11/26/2025 | 10700 | 10566 |
| 34695 | 10105796, 4.55%, 5/21/2027 | 11/26/2025 | 32680 | 33404 |
| 8557 | 10106160, 6.46%, 5/21/2027 | 11/26/2025 | 7939 | 7620 |
| 8199 | 10106231, 5.54%, 5/21/2027 | 11/26/2025 | 7644 | 7704 |
| 43587 | 10106306, 4.98%, 5/21/2027 | 11/26/2025 | 41007 | 40881 |
| 10079 | 10106603, 5.29%, 5/21/2027 | 11/26/2025 | 9379 | 9592 |
| 8840 | 10106682, 6.46%, 5/21/2027 | 11/26/2025 | 8042 | 8299 |
| 3495 | 10106807, 4.99%, 5/21/2027 | 11/26/2025 | 3282 | 3320 |
| 70542 | 10106841, 4.98%, 5/21/2027 | 11/26/2025 | 66118 | 67044 |
| 8227 | 10107657, 4.55%, 5/21/2027 | 11/26/2025 | 7755 | 7913 |
| 26356 | 10107845, 5.78%, 5/21/2027 | 11/26/2025 | 24466 | 24754 |
| 30755 | 10107951, 6.46%, 5/22/2027 | 11/28/2025 | 28723 | 25403 |
| 7785 | 10108096, 5.53%, 5/22/2027 | 11/28/2025 | 7275 | 7199 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 23

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 7070 | 10108135, 5.29%, 5/22/2027 | 11/28/2025 | 6627 | 6338 |
| 5220 | 10108159, 5.78%, 5/22/2027 | 11/28/2025 | 4867 | 4765 |
| 9156 | 10108196, 4.55%, 5/22/2027 | 11/28/2025 | 8623 | 8822 |
| 1729 | 10108247, 5.76%, 5/22/2027 | 11/28/2025 | 1615 | 1508 |
| 6552 | 10108264, 4.55%, 5/22/2027 | 11/28/2025 | 6178 | 6290 |
| 2133 | 10108308, 5.79%, 5/22/2027 | 11/28/2025 | 1872 | 2028 |
| 9218 | 10108352, 6.15%, 5/22/2027 | 11/28/2025 | 8496 | 8615 |
| 5354 | 10108416, 5.28%, 5/22/2027 | 11/28/2025 | 4969 | 5096 |
| 2082 | 10108455, 4.55%, 5/22/2027 | 11/28/2025 | 1962 | 2003 |
| 12377 | 10108471, 4.55%, 5/22/2027 | 11/28/2025 | 11652 | 11913 |
| 2398 | 10108556, 6.46%, 5/22/2027 | 11/28/2025 | 2177 | 2240 |
| 2892 | 10108576, 5.79%, 5/22/2027 | 11/28/2025 | 2687 | 2703 |
| 2089 | 10108602, 6.45%, 5/22/2027 | 11/28/2025 | 1911 | 1933 |
| 1211 | 10108621, 6.11%, 5/22/2027 | 11/28/2025 | 1137 | 921 |
| 8206 | 10108632, 5.29%, 5/22/2027 | 11/28/2025 | 7664 | 7748 |
| 765 | 10108674, 5.35%, 5/22/2027 | 11/28/2025 | 706 | 717 |
| 4396 | 10108684, 6.46%, 5/22/2027 | 11/28/2025 | 4045 | 4066 |
| 3546 | 10108718, 6.15%, 5/22/2027 | 11/28/2025 | 3290 | 3246 |
| 3861 | 10108740, 4.97%, 5/22/2027 | 11/28/2025 | 3619 | 3671 |
| 4511 | 10108774, 6.15%, 5/22/2027 | 11/28/2025 | 4211 | 3853 |
| 2258 | 10108800, 6.16%, 5/22/2027 | 11/28/2025 | 2087 | 2103 |
| 11724 | 10108815, 6.09%, 5/22/2027 | 11/28/2025 | 10836 | 10848 |
| 9251 | 10108891, 6.30%, 5/22/2027 | 11/28/2025 | 8579 | 8411 |
| 10868 | 10108963, 5.77%, 5/23/2027 | 11/28/2025 | 10109 | 10127 |
| 2407 | 10109018, 5.32%, 5/23/2027 | 11/28/2025 | 2251 | 2228 |
| 7675 | 10109042, 4.54%, 5/23/2027 | 11/28/2025 | 7242 | 7353 |
| 3297 | 10109086, 4.54%, 5/23/2027 | 11/28/2025 | 3101 | 3180 |
| 2253 | 10109102, 4.97%, 5/23/2027 | 11/28/2025 | 2113 | 2130 |
| 2183 | 10109116, 6.14%, 5/23/2027 | 11/28/2025 | 2037 | 1870 |
| 8808 | 10109136, 4.54%, 5/23/2027 | 11/28/2025 | 8285 | 8494 |
| 2383 | 10109201, 5.78%, 5/23/2027 | 11/28/2025 | 2186 | 2266 |
| 5332 | 10109218, 6.14%, 5/23/2027 | 11/28/2025 | 4957 | 4821 |
| 846 | 10109248, 6.46%, 5/23/2027 | 11/28/2025 | 787 | 746 |
| 1038 | 10109253, 5.29%, 5/23/2027 | 11/28/2025 | 981 | 928 |
| 2151 | 10109261, 4.54%, 5/23/2027 | 11/28/2025 | 2033 | 2030 |
| 2930 | 10109267, 4.54%, 5/23/2027 | 11/28/2025 | 2763 | 2813 |
| 3762 | 10109285, 4.97%, 5/23/2027 | 11/28/2025 | 3531 | 3553 |
| 9741 | 10109307, 5.28%, 5/23/2027 | 11/28/2025 | 9056 | 9245 |
| 9311 | 10109369, 6.14%, 5/23/2027 | 11/28/2025 | 8623 | 8679 |
| 8058 | 10109427, 4.54%, 5/23/2027 | 11/28/2025 | 7592 | 7764 |
| 2016 | 10109478, 4.54%, 5/23/2027 | 11/28/2025 | 1898 | 1945 |
| 2279 | 10109497, 5.31%, 5/23/2027 | 11/28/2025 | 2167 | 1757 |
| 5131 | 10109510, 6.14%, 5/23/2027 | 11/28/2025 | 4755 | 4745 |
| 150 | 10109555, 5.35%, 5/23/2027 | 11/28/2025 | 139 | 143 |
| 4554 | 10109561, 4.54%, 5/23/2027 | 11/28/2025 | 4283 | 4386 |
| 1396 | 10109588, 6.45%, 5/23/2027 | 11/28/2025 | 1280 | 1306 |

---

*See Notes to Financial Statements.*

24 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4873 | 10109603, 4.54%, 5/23/2027 | 11/28/2025 | 4587 | 4694 |
| 1966 | 10109643, 6.44%, 5/23/2027 | 11/28/2025 | 1800 | 1838 |
| 7889 | 10109653, 4.54%, 5/23/2027 | 11/28/2025 | 7434 | 7588 |
| 8580 | 10109698, 4.54%, 5/23/2027 | 11/28/2025 | 8017 | 8292 |
| 2787 | 10109756, 6.45%, 5/23/2027 | 11/28/2025 | 2563 | 2579 |
| 1114 | 10109788, 6.28%, 5/23/2027 | 11/28/2025 | 1025 | 1044 |
| 14444 | 10109793, 5.52%, 5/23/2027 | 11/28/2025 | 13457 | 13577 |
| 10791 | 10109890, 6.29%, 5/23/2027 | 11/28/2025 | 10068 | 9459 |
| 2206 | 10109954, 6.45%, 5/23/2027 | 11/28/2025 | 2046 | 1967 |
| 1493 | 10110772, 5.28%, 5/24/2027 | 11/28/2025 | 1392 | 1395 |
| 3480 | 10110780, 4.52%, 5/24/2027 | 11/28/2025 | 3270 | 3358 |
| 3327 | 10110807, 6.43%, 5/24/2027 | 11/28/2025 | 3082 | 3012 |
| 5800 | 10110827, 4.53%, 5/24/2027 | 11/28/2025 | 5477 | 5557 |
| 15379 | 10110862, 4.96%, 5/24/2027 | 11/28/2025 | 14309 | 14784 |
| 7711 | 10111229, 6.44%, 5/24/2027 | 11/28/2025 | 7124 | 7096 |
| 3214 | 10111446, 6.43%, 5/24/2027 | 11/28/2025 | 2960 | 2979 |
| 646 | 10111505, 6.31%, 5/24/2027 | 11/28/2025 | 584 | 554 |
| 1145 | 10111528, 6.28%, 5/24/2027 | 11/28/2025 | 1057 | 1065 |
| 2804 | 10111557, 5.76%, 5/24/2027 | 11/28/2025 | 2578 | 2656 |
| 1607 | 10111599, 5.31%, 5/24/2027 | 11/28/2025 | 1514 | 1485 |
| 1177 | 10111625, 6.41%, 5/24/2027 | 11/28/2025 | 1080 | 1101 |
| 16795 | 10111696, 4.53%, 5/24/2027 | 11/28/2025 | 15795 | 16200 |
| 7346 | 10112133, 4.96%, 5/24/2027 | 11/28/2025 | 6896 | 6979 |
| 5581 | 10112280, 4.53%, 5/24/2027 | 11/28/2025 | 5251 | 5376 |
| 2500 | 10112357, 6.12%, 5/24/2027 | 11/28/2025 | 2290 | 2360 |
| 1034 | 10112435, 6.46%, 5/24/2027 | 11/28/2025 | 953 | 954 |
| 3371 | 10112449, 6.14%, 5/24/2027 | 11/28/2025 | 3102 | 3152 |
| 10916 | 10112485, 6.13%, 5/24/2027 | 11/28/2025 | 10060 | 10213 |
| 4768 | 10112673, 4.53%, 5/24/2027 | 11/28/2025 | 4459 | 4609 |
| 5423 | 10112719, 4.53%, 5/24/2027 | 11/28/2025 | 5118 | 5209 |
| 13310 | 10112746, 4.96%, 5/24/2027 | 11/28/2025 | 12446 | 12709 |
| 40559 | 10112850, 5.76%, 5/24/2027 | 11/28/2025 | 36984 | 38469 |
| 20179 | 10113417, 4.53%, 5/24/2027 | 11/28/2025 | 19014 | 19430 |
| 2552 | 10113591, 4.97%, 5/24/2027 | 11/28/2025 | 2397 | 2413 |
| 28961 | 10113619, 6.44%, 5/24/2027 | 11/28/2025 | 26370 | 27055 |
| 10100 | 10114465, 4.53%, 5/24/2027 | 11/28/2025 | 9547 | 9535 |
| 9394 | 10114587, 6.44%, 5/24/2027 | 11/28/2025 | 8662 | 8717 |
| 59541 | 10114661, 4.96%, 5/24/2027 | 11/28/2025 | 55902 | 56569 |
| 28317 | 10115094, 4.53%, 5/24/2027 | 11/28/2025 | 26667 | 27283 |
| 657 | 10115273, 5.35%, 5/24/2027 | 11/28/2025 | 623 | 510 |
| 1579 | 10115277, 5.51%, 5/24/2027 | 11/28/2025 | 1471 | 1484 |
| 2570 | 10115286, 5.27%, 5/24/2027 | 11/28/2025 | 2392 | 2446 |
| 9981 | 10115320, 4.53%, 5/24/2027 | 11/28/2025 | 9388 | 9629 |
| 636 | 10115454, 5.29%, 5/24/2027 | 11/28/2025 | 594 | 598 |
| 2580 | 10115470, 4.53%, 5/24/2027 | 11/28/2025 | 2426 | 2488 |
| 1462 | 10115528, 6.43%, 5/24/2027 | 11/28/2025 | 1348 | 1349 |
| 15991 | 10115549, 5.52%, 5/24/2027 | 11/28/2025 | 14818 | 15157 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 25

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1017 | 10115748, 6.43%, 5/24/2027 | 11/28/2025 | 927 | 955 |
| 1973 | 10115765, 6.44%, 5/24/2027 | 11/28/2025 | 1790 | 1848 |
| 5224 | 10115799, 4.96%, 5/24/2027 | 11/28/2025 | 4887 | 4990 |
| 1526 | 10115845, 6.43%, 5/24/2027 | 11/28/2025 | 1421 | 1271 |
| 1933 | 10118195, 5.28%, 5/25/2027 | 12/1/2025 | 1815 | 1743 |
| 24579 | 10118264, 4.54%, 5/25/2027 | 12/1/2025 | 22963 | 23752 |
| 5811 | 10118617, 6.45%, 5/25/2027 | 12/1/2025 | 5400 | 4857 |
| 6179 | 10118661, 6.14%, 5/25/2027 | 12/1/2025 | 5637 | 5828 |
| 7070 | 10118705, 5.31%, 5/25/2027 | 12/1/2025 | 6637 | 6532 |
| 5200 | 10118782, 4.54%, 5/25/2027 | 12/1/2025 | 4900 | 5007 |
| 4398 | 10118845, 5.77%, 5/25/2027 | 12/1/2025 | 4039 | 4166 |
| 16281 | 10118924, 4.54%, 5/25/2027 | 12/1/2025 | 15356 | 15639 |
| 29886 | 10119190, 5.53%, 5/25/2027 | 12/1/2025 | 27842 | 28100 |
| 955 | 10119746, 6.14%, 5/25/2027 | 12/1/2025 | 879 | 868 |
| 12323 | 10119759, 4.54%, 5/25/2027 | 12/1/2025 | 11600 | 11862 |
| 6832 | 10119928, 4.54%, 5/25/2027 | 12/1/2025 | 6433 | 6582 |
| 13573 | 10119970, 4.54%, 5/25/2027 | 12/1/2025 | 12745 | 13084 |
| 3216 | 10120178, 4.53%, 5/25/2027 | 12/1/2025 | 3011 | 3108 |
| 2148 | 10120218, 6.45%, 5/25/2027 | 12/1/2025 | 1996 | 1898 |
| 15013 | 10120248, 6.45%, 5/25/2027 | 12/1/2025 | 13809 | 13908 |
| 4456 | 10120419, 4.53%, 5/25/2027 | 12/1/2025 | 4200 | 4286 |
| 6940 | 10120464, 4.97%, 5/25/2027 | 12/1/2025 | 6503 | 6602 |
| 12924 | 10120572, 4.54%, 5/25/2027 | 12/1/2025 | 12174 | 12440 |
| 6202 | 10120730, 4.53%, 5/25/2027 | 12/1/2025 | 5818 | 5988 |
| 2010 | 10120791, 6.44%, 5/25/2027 | 12/1/2025 | 1869 | 1683 |
| 788 | 10120803, 6.16%, 5/25/2027 | 12/1/2025 | 731 | 722 |
| 903 | 10120813, 6.08%, 5/25/2027 | 12/1/2025 | 835 | 838 |
| 1720 | 10120818, 6.44%, 5/25/2027 | 12/1/2025 | 1598 | 1528 |
| 1311 | 10120838, 5.51%, 5/25/2027 | 12/1/2025 | 1220 | 1238 |
| 39277 | 10120862, 4.54%, 5/25/2027 | 12/1/2025 | 36914 | 37891 |
| 9942 | 10121326, 4.54%, 5/25/2027 | 12/1/2025 | 9369 | 9560 |
| 7108 | 10121395, 4.53%, 5/25/2027 | 12/1/2025 | 6691 | 6848 |
| 5062 | 10121424, 4.54%, 5/25/2027 | 12/1/2025 | 4738 | 4891 |
| 6565 | 10121478, 6.15%, 5/25/2027 | 12/1/2025 | 6066 | 6134 |
| 2869 | 10121545, 6.29%, 5/25/2027 | 12/1/2025 | 2662 | 2576 |
| 34067 | 10121572, 4.54%, 5/25/2027 | 12/1/2025 | 32147 | 32641 |
| 25278 | 10121863, 6.14%, 5/25/2027 | 12/1/2025 | 23378 | 23193 |
| 15175 | 10122057, 4.54%, 5/25/2027 | 12/1/2025 | 14273 | 14597 |
| 4238 | 10122179, 4.97%, 5/25/2027 | 12/1/2025 | 3963 | 4049 |
| 3608 | 10122199, 5.53%, 5/25/2027 | 12/1/2025 | 3350 | 3411 |
| 19116 | 10122220, 4.54%, 5/25/2027 | 12/1/2025 | 18038 | 18315 |
| 16333 | 10122361, 4.54%, 5/25/2027 | 12/1/2025 | 15378 | 15736 |
| 15540 | 10122498, 5.53%, 5/25/2027 | 12/1/2025 | 14513 | 14390 |
| 50031 | 10122635, 4.54%, 5/25/2027 | 12/1/2025 | 46703 | 48332 |
| 12455 | 10123072, 6.14%, 5/25/2027 | 12/1/2025 | 11620 | 10736 |
| 7874 | 10123162, 4.54%, 5/25/2027 | 12/1/2025 | 7413 | 7579 |

---

*See Notes to Financial Statements.*

26 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 18144 | 10123225, 5.77%, 5/25/2027 | 12/1/2025 | 16808 | 17050 |
| 2156 | 10127050, 6.11%, 5/26/2027 | 12/2/2025 | 2010 | 1866 |
| 37162 | 10127084, 4.99%, 5/26/2027 | 12/2/2025 | 34719 | 35495 |
| 16557 | 10127438, 4.56%, 5/26/2027 | 12/2/2025 | 15583 | 15937 |
| 762 | 10127728, 5.31%, 5/26/2027 | 12/2/2025 | 720 | 599 |
| 15554 | 10127742, 5.55%, 5/26/2027 | 12/2/2025 | 14531 | 13883 |
| 5348 | 10127987, 4.99%, 5/26/2027 | 12/2/2025 | 5015 | 5057 |
| 2873 | 10128091, 6.10%, 5/26/2027 | 12/2/2025 | 2619 | 2669 |
| 6990 | 10128135, 5.30%, 5/26/2027 | 12/2/2025 | 6529 | 6578 |
| 11500 | 10128354, 4.55%, 5/26/2027 | 12/2/2025 | 10827 | 11061 |
| 7508 | 10128667, 6.47%, 5/26/2027 | 12/2/2025 | 6925 | 6875 |
| 4748 | 10128792, 6.16%, 5/26/2027 | 12/2/2025 | 4388 | 4426 |
| 16332 | 10128872, 5.79%, 5/26/2027 | 12/2/2025 | 14986 | 15524 |
| 3455 | 10129223, 4.56%, 5/26/2027 | 12/2/2025 | 3246 | 3331 |
| 12827 | 10129283, 4.99%, 5/26/2027 | 12/2/2025 | 12084 | 11777 |
| 1619 | 10129531, 6.18%, 5/26/2027 | 12/2/2025 | 1493 | 1476 |
| 5609 | 10129559, 4.55%, 5/26/2027 | 12/2/2025 | 5304 | 5301 |
| 11382 | 10129679, 4.55%, 5/26/2027 | 12/2/2025 | 10710 | 10921 |
| 3125 | 10129783, 5.30%, 5/26/2027 | 12/2/2025 | 2924 | 2904 |
| 2167 | 10129787, 6.49%, 5/26/2027 | 12/2/2025 | 1986 | 2017 |
| 1748 | 10129818, 5.55%, 5/26/2027 | 12/2/2025 | 1615 | 1656 |
| 12413 | 10129827, 5.54%, 5/26/2027 | 12/2/2025 | 11481 | 11763 |
| 11017 | 10129920, 4.99%, 5/26/2027 | 12/2/2025 | 10357 | 10116 |
| 4306 | 10130114, 4.56%, 5/26/2027 | 12/2/2025 | 4045 | 4150 |
| 46007 | 10130157, 4.55%, 5/26/2027 | 12/2/2025 | 43200 | 44369 |
| 64449 | 10130503, 5.30%, 5/26/2027 | 12/2/2025 | 60117 | 60876 |
| 18457 | 10131208, 6.17%, 5/26/2027 | 12/2/2025 | 17078 | 16917 |
| 22238 | 10131438, 4.56%, 5/26/2027 | 12/2/2025 | 20923 | 21401 |
| 1679 | 10131741, 6.12%, 5/26/2027 | 12/2/2025 | 1561 | 1521 |
| 13618 | 10131784, 4.56%, 5/26/2027 | 12/2/2025 | 12817 | 13109 |
| 3970 | 10132084, 4.99%, 5/26/2027 | 12/2/2025 | 3716 | 3775 |
| 5645 | 10132096, 5.30%, 5/26/2027 | 12/2/2025 | 5277 | 5296 |
| 1737 | 10132147, 6.11%, 5/26/2027 | 12/2/2025 | 1615 | 1574 |
| 7987 | 10132163, 6.17%, 5/26/2027 | 12/2/2025 | 7372 | 7461 |
| 2629 | 10132255, 6.11%, 5/26/2027 | 12/2/2025 | 2454 | 2276 |
| 8404 | 10132306, 4.55%, 5/26/2027 | 12/2/2025 | 7915 | 8068 |
| 4280 | 10132491, 5.30%, 5/26/2027 | 12/2/2025 | 3993 | 4043 |
| 20687 | 10132527, 5.33%, 5/26/2027 | 12/2/2025 | 19337 | 19197 |
| 21097 | 10132677, 6.16%, 5/27/2027 | 12/3/2025 | 19501 | 19507 |
| 21959 | 10132825, 6.17%, 5/27/2027 | 12/3/2025 | 20226 | 20512 |
| 29617 | 10132959, 6.47%, 5/27/2027 | 12/3/2025 | 27192 | 27331 |
| 13701 | 10133177, 6.16%, 5/27/2027 | 12/3/2025 | 12663 | 12670 |
| 8822 | 10133242, 4.56%, 5/27/2027 | 12/3/2025 | 8299 | 8499 |
| 7650 | 10133283, 6.48%, 5/27/2027 | 12/3/2025 | 6971 | 7210 |
| 9088 | 10133347, 4.55%, 5/27/2027 | 12/3/2025 | 8529 | 8764 |
| 18027 | 10133416, 4.55%, 5/27/2027 | 12/3/2025 | 16951 | 17347 |
| 10259 | 10133517, 4.55%, 5/27/2027 | 12/3/2025 | 9645 | 9882 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 27

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 14688 | 10133585, 4.55%, 5/27/2027 | 12/3/2025 | 13812 | 14149 |
| 62479 | 10133708, 4.55%, 5/27/2027 | 12/3/2025 | 58981 | 59090 |
| 5987 | 10135771, 4.55%, 5/28/2027 | 12/3/2025 | 5645 | 5738 |
| 12265 | 10135831, 4.55%, 5/28/2027 | 12/3/2025 | 11528 | 11825 |
| 41327 | 10136084, 6.31%, 5/28/2027 | 12/3/2025 | 38003 | 38428 |
| 11210 | 10136772, 6.46%, 5/28/2027 | 12/3/2025 | 10272 | 10472 |
| 56011 | 10136941, 4.55%, 5/28/2027 | 12/3/2025 | 52782 | 53674 |
| 10235 | 10137819, 4.55%, 5/28/2027 | 12/3/2025 | 9620 | 9869 |
| 21556 | 10137999, 4.55%, 5/28/2027 | 12/3/2025 | 20176 | 20826 |
| 19827 | 10138601, 5.78%, 5/28/2027 | 12/3/2025 | 18402 | 18103 |
| 20162 | 10138869, 4.98%, 5/28/2027 | 12/3/2025 | 18838 | 19303 |
| 17376 | 10139166, 6.31%, 5/28/2027 | 12/3/2025 | 16023 | 15985 |
| 10847 | 10139261, 6.15%, 5/29/2027 | 12/4/2025 | 10053 | 9852 |
| 14917 | 10139370, 4.55%, 5/29/2027 | 12/4/2025 | 14047 | 14332 |
| 4219 | 10139536, 6.15%, 5/29/2027 | 12/4/2025 | 3839 | 3961 |
| 13878 | 10139600, 4.98%, 5/29/2027 | 12/4/2025 | 13009 | 13142 |
| 5363 | 10139759, 4.98%, 5/29/2027 | 12/4/2025 | 5026 | 5097 |
| 943 | 10139837, 6.48%, 5/29/2027 | 12/4/2025 | 867 | 871 |
| 13790 | 10139844, 6.46%, 5/29/2027 | 12/4/2025 | 12716 | 12634 |
| 3088 | 10140013, 4.55%, 5/29/2027 | 12/4/2025 | 2902 | 2977 |
| 12758 | 10140054, 4.55%, 5/29/2027 | 12/4/2025 | 11984 | 12304 |
| 2124 | 10140225, 6.47%, 5/29/2027 | 12/4/2025 | 1945 | 1979 |
| 1790 | 10140250, 5.31%, 5/29/2027 | 12/4/2025 | 1662 | 1683 |
| 716 | 10140277, 6.44%, 5/29/2027 | 12/4/2025 | 659 | 665 |
| 9836 | 10140283, 6.15%, 5/29/2027 | 12/4/2025 | 9043 | 9237 |
| 18785 | 10140435, 4.97%, 5/30/2027 | 12/4/2025 | 17612 | 17744 |
| 28606 | 10140674, 4.54%, 5/30/2027 | 12/4/2025 | 26765 | 27335 |
| 667 | 10141045, 5.31%, 5/30/2027 | 12/4/2025 | 619 | 585 |
| 10707 | 10141059, 4.54%, 5/30/2027 | 12/4/2025 | 10085 | 10250 |
| 3628 | 10141194, 4.55%, 5/30/2027 | 12/4/2025 | 3411 | 3471 |
| 5565 | 10141234, 4.54%, 5/30/2027 | 12/4/2025 | 5241 | 5328 |
| 10423 | 10141292, 5.28%, 5/30/2027 | 12/4/2025 | 9779 | 9763 |
| 8121 | 10142501, 4.52%, 6/1/2027 | 12/4/2025 | 7647 | 7775 |
| 1323 | 10142593, 6.11%, 6/1/2027 | 12/4/2025 | 1214 | 1206 |
| 2680 | 10142608, 5.30%, 6/1/2027 | 12/4/2025 | 2511 | 2381 |
| 4840 | 10142729, 5.26%, 6/1/2027 | 12/4/2025 | 4483 | 4500 |
| 6677 | 10143066, 4.52%, 6/1/2027 | 12/4/2025 | 6281 | 6390 |
| 7514 | 10143369, 4.52%, 6/1/2027 | 12/4/2025 | 7066 | 7190 |
| 887 | 10143744, 6.44%, 6/1/2027 | 12/4/2025 | 818 | 795 |
| 6277 | 10143836, 4.52%, 6/1/2027 | 12/4/2025 | 5922 | 6013 |
| 1980 | 10144017, 6.11%, 6/1/2027 | 12/4/2025 | 1826 | 1809 |
| 2095 | 10144059, 6.28%, 6/1/2027 | 12/4/2025 | 1937 | 1866 |
| 7755 | 10144132, 5.25%, 6/1/2027 | 12/4/2025 | 7235 | 7246 |
| 4642 | 10144268, 5.27%, 6/1/2027 | 12/4/2025 | 4325 | 4336 |
| 2524 | 10144367, 5.25%, 6/1/2027 | 12/4/2025 | 2356 | 2359 |
| 26245 | 10144384, 5.26%, 6/1/2027 | 12/4/2025 | 24482 | 24521 |

---

*See Notes to Financial Statements.*

28 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 32819 | 10144834, 4.95%, 6/1/2027 | 12/4/2025 | 30727 | 30985 |
| 9463 | 10145547, 4.52%, 6/1/2027 | 12/4/2025 | 8906 | 9059 |
| 5400 | 10145704, 5.51%, 6/1/2027 | 12/4/2025 | 5030 | 5006 |
| 21765 | 10145798, 4.95%, 6/1/2027 | 12/4/2025 | 20415 | 20558 |
| 19175 | 10146113, 5.50%, 6/1/2027 | 12/4/2025 | 17860 | 17778 |
| 1590 | 10146396, 6.13%, 6/1/2027 | 12/4/2025 | 1462 | 1449 |
| 15870 | 10146433, 6.12%, 6/1/2027 | 12/4/2025 | 14742 | 14554 |
| 836 | 10146739, 6.44%, 6/1/2027 | 12/4/2025 | 772 | 750 |
| 5016 | 10146756, 6.28%, 6/1/2027 | 12/4/2025 | 4661 | 4487 |
| 12048 | 10146900, 4.52%, 6/1/2027 | 12/4/2025 | 11370 | 11541 |
| 4617 | 10147041, 4.53%, 6/1/2027 | 12/4/2025 | 4339 | 4418 |
| 5722 | 10147089, 4.52%, 6/1/2027 | 12/4/2025 | 5379 | 5476 |
| 36418 | 10147150, 4.52%, 6/1/2027 | 12/4/2025 | 34364 | 34876 |
| 23599 | 10147661, 4.95%, 6/1/2027 | 12/4/2025 | 21982 | 22244 |
| 3149 | 10148018, 5.26%, 6/2/2027 | 12/5/2025 | 2935 | 2943 |
| 4140 | 10148113, 4.95%, 6/2/2027 | 12/5/2025 | 3872 | 3908 |
| 4663 | 10148207, 5.75%, 6/2/2027 | 12/5/2025 | 4308 | 4284 |
| 789 | 10148314, 6.03%, 6/2/2027 | 12/5/2025 | 719 | 688 |
| 1679 | 10148333, 6.13%, 6/2/2027 | 12/5/2025 | 1541 | 1530 |
| 37182 | 10148365, 6.12%, 6/2/2027 | 12/5/2025 | 34350 | 33997 |
| 10533 | 10149193, 4.52%, 6/2/2027 | 12/5/2025 | 9912 | 10082 |
| 2301 | 10149453, 6.12%, 6/2/2027 | 12/5/2025 | 2141 | 2111 |
| 1619 | 10149572, 6.04%, 6/2/2027 | 12/5/2025 | 1492 | 1424 |
| 3701 | 10149631, 5.51%, 6/2/2027 | 12/5/2025 | 3448 | 3432 |
| 1858 | 10149757, 4.51%, 6/2/2027 | 12/5/2025 | 1750 | 1778 |
| 1532 | 10149803, 5.28%, 6/2/2027 | 12/5/2025 | 1439 | 1365 |
| 35754 | 10149840, 5.75%, 6/2/2027 | 12/5/2025 | 33015 | 32812 |
| 22818 | 10150310, 4.52%, 6/2/2027 | 12/5/2025 | 21425 | 21831 |
| 2103 | 10150685, 4.52%, 6/2/2027 | 12/5/2025 | 1978 | 2013 |
| 2422 | 10150735, 6.44%, 6/2/2027 | 12/5/2025 | 2235 | 2196 |
| 10234 | 10150750, 4.52%, 6/2/2027 | 12/5/2025 | 9592 | 9793 |
| 14858 | 10150842, 4.95%, 6/2/2027 | 12/5/2025 | 13809 | 13692 |
| 8894 | 10151233, 4.52%, 6/2/2027 | 12/5/2025 | 8320 | 8493 |
| 2159 | 10151312, 6.13%, 6/2/2027 | 12/5/2025 | 1997 | 1976 |
| 4818 | 10151318, 4.53%, 6/2/2027 | 12/5/2025 | 4538 | 4612 |
| 1237 | 10151348, 5.29%, 6/2/2027 | 12/5/2025 | 1162 | 1104 |
| 5093 | 10151349, 4.52%, 6/2/2027 | 12/5/2025 | 4798 | 4877 |
| 90747 | 10151410, 5.26%, 6/2/2027 | 12/5/2025 | 84792 | 84868 |
| 34278 | 10152052, 5.51%, 6/2/2027 | 12/5/2025 | 31811 | 31740 |
| 20826 | 10152351, 4.52%, 6/2/2027 | 12/5/2025 | 19619 | 19940 |
| 4449 | 10152550, 4.52%, 6/2/2027 | 12/5/2025 | 4201 | 4262 |
| 37097 | 10152609, 4.52%, 6/2/2027 | 12/5/2025 | 34950 | 35520 |
| 4718 | 10152954, 5.29%, 6/2/2027 | 12/5/2025 | 4455 | 4234 |
| 8597 | 10152968, 6.42%, 6/2/2027 | 12/5/2025 | 7969 | 7815 |
| 17613 | 10153015, 4.52%, 6/2/2027 | 12/5/2025 | 16568 | 16859 |
| 3104 | 10153206, 5.76%, 6/2/2027 | 12/5/2025 | 2884 | 2858 |
| 7717 | 10153223, 4.52%, 6/2/2027 | 12/5/2025 | 7225 | 7379 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 29

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 21905 | 10153279, 6.42%, 6/2/2027 | 12/5/2025 | 20158 | 19727 |
| 9077 | 10153386, 4.52%, 6/3/2027 | 12/8/2025 | 8539 | 8688 |
| 19002 | 10153623, 4.95%, 6/3/2027 | 12/8/2025 | 17786 | 17942 |
| 6163 | 10153930, 5.26%, 6/3/2027 | 12/8/2025 | 5744 | 5761 |
| 6716 | 10154066, 4.52%, 6/3/2027 | 12/8/2025 | 6309 | 6424 |
| 2946 | 10154192, 6.05%, 6/3/2027 | 12/8/2025 | 2709 | 2588 |
| 2751 | 10154263, 6.42%, 6/3/2027 | 12/8/2025 | 2543 | 2471 |
| 22203 | 10154333, 6.12%, 6/3/2027 | 12/8/2025 | 20300 | 20229 |
| 3261 | 10154885, 4.53%, 6/3/2027 | 12/8/2025 | 3065 | 3121 |
| 2073 | 10154977, 6.27%, 6/3/2027 | 12/8/2025 | 1916 | 1847 |
| 3044 | 10155031, 6.12%, 6/3/2027 | 12/8/2025 | 2797 | 2777 |
| 11012 | 10155091, 4.52%, 6/3/2027 | 12/8/2025 | 10360 | 10541 |
| 5507 | 10155222, 5.75%, 6/3/2027 | 12/8/2025 | 5123 | 5072 |
| 4344 | 10155267, 6.42%, 6/3/2027 | 12/8/2025 | 3999 | 3935 |
| 13957 | 10155327, 5.51%, 6/3/2027 | 12/8/2025 | 12853 | 12860 |
| 1613 | 10155451, 6.12%, 6/3/2027 | 12/8/2025 | 1487 | 1475 |
| 23492 | 10155472, 6.12%, 6/3/2027 | 12/8/2025 | 21653 | 21464 |
| 6174 | 10155771, 4.52%, 6/3/2027 | 12/8/2025 | 5798 | 5909 |
| 2199 | 10155841, 5.27%, 6/3/2027 | 12/8/2025 | 2056 | 2057 |
| 2751 | 10155872, 6.26%, 6/3/2027 | 12/8/2025 | 2556 | 2464 |
| 8837 | 10155923, 5.26%, 6/3/2027 | 12/8/2025 | 8266 | 8265 |
| 3502 | 10156050, 6.26%, 6/3/2027 | 12/8/2025 | 3247 | 3133 |
| 4256 | 10156094, 4.52%, 6/3/2027 | 12/8/2025 | 4007 | 4076 |
| 25871 | 10156141, 4.52%, 6/3/2027 | 12/8/2025 | 24296 | 24759 |
| 2820 | 10156406, 5.25%, 6/3/2027 | 12/8/2025 | 2629 | 2638 |
| 4060 | 10156430, 6.43%, 6/3/2027 | 12/8/2025 | 3716 | 3649 |
| 21192 | 10156949, 4.95%, 6/3/2027 | 12/8/2025 | 19810 | 20003 |
| 60885 | 10157294, 4.52%, 6/3/2027 | 12/8/2025 | 57100 | 58249 |
| 1997 | 10157694, 4.51%, 6/3/2027 | 12/8/2025 | 1882 | 1912 |
| 18699 | 10157711, 4.95%, 6/3/2027 | 12/8/2025 | 17406 | 17588 |
| 24684 | 10157880, 4.52%, 6/3/2027 | 12/8/2025 | 23210 | 23628 |
| 45899 | 10158138, 4.52%, 6/3/2027 | 12/8/2025 | 43206 | 43946 |
| 4590 | 10158497, 6.43%, 6/3/2027 | 12/8/2025 | 4233 | 4142 |
| 15438 | 10158549, 4.52%, 6/3/2027 | 12/8/2025 | 14492 | 14771 |
| 3804 | 10158716, 6.06%, 6/3/2027 | 12/8/2025 | 3546 | 3389 |
| 2541 | 10158734, 6.11%, 6/3/2027 | 12/8/2025 | 2362 | 2332 |
| 4524 | 10158739, 4.52%, 6/3/2027 | 12/8/2025 | 4245 | 4329 |
| 3738 | 10158807, 5.26%, 6/3/2027 | 12/8/2025 | 3496 | 3497 |
| 1819 | 10158847, 5.50%, 6/3/2027 | 12/8/2025 | 1675 | 1677 |
| 3223 | 10158883, 5.27%, 6/3/2027 | 12/8/2025 | 3010 | 3013 |
| 5764 | 10162092, 4.54%, 6/4/2027 | 12/9/2025 | 5417 | 5515 |
| 8352 | 10162158, 5.28%, 6/4/2027 | 12/9/2025 | 7770 | 7797 |
| 1291 | 10162197, 6.27%, 6/4/2027 | 12/9/2025 | 1202 | 1159 |
| 23187 | 10162210, 4.54%, 6/4/2027 | 12/9/2025 | 21715 | 22168 |
| 2714 | 10162484, 6.44%, 6/4/2027 | 12/9/2025 | 2492 | 2430 |
| 10643 | 10162506, 6.29%, 6/4/2027 | 12/9/2025 | 9736 | 9420 |

---

*See Notes to Financial Statements.*

30 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 9036 | 10162670, 5.31%, 6/4/2027 | 12/9/2025 | 8457 | 8045 |
| 12392 | 10162774, 4.54%, 6/4/2027 | 12/9/2025 | 11650 | 11858 |
| 36359 | 10162961, 4.54%, 6/4/2027 | 12/9/2025 | 34178 | 34796 |
| 8368 | 10163685, 4.54%, 6/4/2027 | 12/9/2025 | 7861 | 8007 |
| 33528 | 10163856, 4.54%, 6/4/2027 | 12/9/2025 | 31534 | 32089 |
| 525 | 10164256, 4.60%, 6/4/2027 | 12/9/2025 | 494 | 502 |
| 10309 | 10164268, 6.14%, 6/4/2027 | 12/9/2025 | 9481 | 9409 |
| 4249 | 10164365, 5.28%, 6/4/2027 | 12/9/2025 | 3957 | 3966 |
| 1859 | 10164410, 5.79%, 6/4/2027 | 12/9/2025 | 1724 | 1712 |
| 5222 | 10164440, 4.54%, 6/4/2027 | 12/9/2025 | 4904 | 4996 |
| 1424 | 10164510, 6.08%, 6/4/2027 | 12/9/2025 | 1305 | 1250 |
| 2252 | 10164532, 6.28%, 6/4/2027 | 12/9/2025 | 2056 | 1987 |
| 11716 | 10164576, 6.45%, 6/4/2027 | 12/9/2025 | 10836 | 10539 |
| 2084 | 10164701, 5.52%, 6/4/2027 | 12/9/2025 | 1931 | 1928 |
| 3666 | 10164714, 4.53%, 6/4/2027 | 12/9/2025 | 3448 | 3508 |
| 33052 | 10164761, 4.97%, 6/4/2027 | 12/9/2025 | 30925 | 31203 |
| 64320 | 10165113, 4.54%, 6/4/2027 | 12/9/2025 | 60498 | 61556 |
| 920 | 10165619, 6.47%, 6/4/2027 | 12/9/2025 | 838 | 819 |
| 26351 | 10165625, 4.54%, 6/4/2027 | 12/9/2025 | 24824 | 25225 |
| 2650 | 10165797, 6.07%, 6/4/2027 | 12/9/2025 | 2421 | 2315 |
| 5469 | 10165826, 4.54%, 6/4/2027 | 12/9/2025 | 5150 | 5235 |
| 10295 | 10165840, 5.77%, 6/4/2027 | 12/9/2025 | 9534 | 9467 |
| 32495 | 10165902, 4.97%, 6/4/2027 | 12/9/2025 | 30426 | 30685 |
| 20168 | 10166163, 5.53%, 6/4/2027 | 12/9/2025 | 18769 | 18703 |
| 9379 | 10166364, 4.54%, 6/4/2027 | 12/9/2025 | 8824 | 8977 |
| 14463 | 10166475, 6.45%, 6/4/2027 | 12/9/2025 | 13265 | 13078 |
| 21597 | 10166598, 5.31%, 6/4/2027 | 12/9/2025 | 20299 | 19329 |
| 5307 | 10166946, 5.77%, 6/4/2027 | 12/9/2025 | 4931 | 4890 |
| 5341 | 10167006, 6.45%, 6/4/2027 | 12/9/2025 | 4900 | 4807 |
| 17465 | 10167079, 4.54%, 6/4/2027 | 12/9/2025 | 16401 | 16710 |
| 5727 | 10167285, 4.97%, 6/5/2027 | 12/10/2025 | 5344 | 5399 |
| 2635 | 10167414, 5.54%, 6/5/2027 | 12/10/2025 | 2443 | 2439 |
| 6740 | 10167464, 6.08%, 6/5/2027 | 12/10/2025 | 6291 | 6024 |
| 20550 | 10167510, 6.14%, 6/5/2027 | 12/10/2025 | 19073 | 18851 |
| 99779 | 10167728, 6.14%, 6/5/2027 | 12/10/2025 | 92113 | 91306 |
| 7355 | 10169352, 4.54%, 6/5/2027 | 12/10/2025 | 6939 | 7043 |
| 2179 | 10169419, 5.32%, 6/5/2027 | 12/10/2025 | 2015 | 1913 |
| 22577 | 10169471, 5.53%, 6/5/2027 | 12/10/2025 | 21055 | 20956 |
| 7650 | 10169640, 4.54%, 6/5/2027 | 12/10/2025 | 7190 | 7321 |
| 2643 | 10169699, 5.78%, 6/5/2027 | 12/10/2025 | 2421 | 2424 |
| 10594 | 10169723, 4.54%, 6/5/2027 | 12/10/2025 | 9949 | 10139 |
| 1300 | 10169788, 6.12%, 6/5/2027 | 12/10/2025 | 1185 | 1179 |
| 24305 | 10169799, 4.54%, 6/5/2027 | 12/10/2025 | 22850 | 23259 |
| 5959 | 10170088, 5.77%, 6/5/2027 | 12/10/2025 | 5520 | 5482 |
| 13047 | 10170091, 5.52%, 6/5/2027 | 12/10/2025 | 12143 | 12102 |
| 3265 | 10170193, 5.29%, 6/5/2027 | 12/10/2025 | 3047 | 3052 |
| 3002 | 10170236, 5.77%, 6/5/2027 | 12/10/2025 | 2794 | 2769 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 31

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2447 | 10170256, 6.31%, 6/5/2027 | 12/10/2025 | 2262 | 2186 |
| 5648 | 10170280, 6.14%, 6/5/2027 | 12/10/2025 | 5218 | 5169 |
| 35902 | 10170337, 5.52%, 6/5/2027 | 12/10/2025 | 33447 | 33312 |
| 2296 | 10170682, 6.46%, 6/5/2027 | 12/10/2025 | 2110 | 2056 |
| 10144 | 10170727, 4.97%, 6/5/2027 | 12/10/2025 | 9484 | 9572 |
| 3470 | 10170780, 4.97%, 6/5/2027 | 12/10/2025 | 3239 | 3272 |
| 2946 | 10170824, 5.52%, 6/5/2027 | 12/10/2025 | 2732 | 2726 |
| 1017 | 10170853, 6.09%, 6/5/2027 | 12/10/2025 | 938 | 898 |
| 22742 | 10170870, 6.45%, 6/5/2027 | 12/10/2025 | 20792 | 20418 |
| 57242 | 10171063, 5.77%, 6/5/2027 | 12/10/2025 | 53092 | 52699 |
| 5489 | 10171707, 4.54%, 6/5/2027 | 12/10/2025 | 5156 | 5250 |
| 95620 | 10171754, 4.54%, 6/5/2027 | 12/10/2025 | 89808 | 91476 |
| 881 | 10172262, 5.30%, 6/6/2027 | 12/11/2025 | 818 | 778 |
| 10894 | 10172294, 5.28%, 6/6/2027 | 12/11/2025 | 10171 | 10182 |
| 1137 | 10172374, 5.31%, 6/6/2027 | 12/11/2025 | 1054 | 1003 |
| 3630 | 10172385, 5.53%, 6/6/2027 | 12/11/2025 | 3385 | 3370 |
| 6373 | 10172412, 4.54%, 6/6/2027 | 12/11/2025 | 5986 | 6096 |
| 823 | 10172468, 6.33%, 6/6/2027 | 12/11/2025 | 758 | 734 |
| 2006 | 10172481, 4.55%, 6/6/2027 | 12/11/2025 | 1879 | 1916 |
| 2768 | 10172499, 6.45%, 6/6/2027 | 12/11/2025 | 2539 | 2493 |
| 775 | 10172522, 4.54%, 6/6/2027 | 12/11/2025 | 725 | 738 |
| 5217 | 10172531, 5.28%, 6/6/2027 | 12/11/2025 | 4851 | 4870 |
| 3690 | 10172570, 4.98%, 6/6/2027 | 12/11/2025 | 3459 | 3485 |
| 3888 | 10172600, 6.30%, 6/6/2027 | 12/11/2025 | 3590 | 3470 |
| 5530 | 10172629, 4.97%, 6/6/2027 | 12/11/2025 | 5169 | 5214 |
| 3559 | 10172665, 4.54%, 6/6/2027 | 12/11/2025 | 3336 | 3404 |
| 1834 | 10172701, 6.15%, 6/6/2027 | 12/11/2025 | 1694 | 1679 |
| 6663 | 10172718, 4.54%, 6/6/2027 | 12/11/2025 | 6260 | 6374 |
| 3876 | 10172777, 4.53%, 6/6/2027 | 12/11/2025 | 3652 | 3711 |
| 1115 | 10172800, 6.43%, 6/6/2027 | 12/11/2025 | 1023 | 1009 |
| 3082 | 10172806, 6.44%, 6/6/2027 | 12/11/2025 | 2809 | 2737 |
| 16402 | 10172839, 5.28%, 6/6/2027 | 12/11/2025 | 15287 | 15329 |
| 10570 | 10172967, 4.54%, 6/6/2027 | 12/11/2025 | 9947 | 10117 |
| 21031 | 10173055, 5.77%, 6/6/2027 | 12/11/2025 | 19346 | 19262 |
| 15974 | 10173250, 4.54%, 6/6/2027 | 12/11/2025 | 15008 | 15281 |
| 2101 | 10173376, 5.76%, 6/7/2027 | 12/11/2025 | 1948 | 1934 |
| 1126 | 10173399, 6.44%, 6/7/2027 | 12/11/2025 | 1039 | 1022 |
| 3080 | 10173408, 6.44%, 6/7/2027 | 12/11/2025 | 2837 | 2778 |
| 1016 | 10173442, 6.08%, 6/7/2027 | 12/11/2025 | 940 | 902 |
| 5298 | 10173450, 4.53%, 6/7/2027 | 12/11/2025 | 4976 | 5068 |
| 11577 | 10173498, 6.43%, 6/7/2027 | 12/11/2025 | 10663 | 10451 |
| 6700 | 10173590, 4.53%, 6/7/2027 | 12/11/2025 | 6298 | 6411 |
| 7849 | 10173646, 5.76%, 6/7/2027 | 12/11/2025 | 7274 | 7223 |
| 3177 | 10173695, 4.96%, 6/7/2027 | 12/11/2025 | 2968 | 2998 |
| 9716 | 10173714, 4.53%, 6/7/2027 | 12/11/2025 | 9110 | 9294 |
| 1556 | 10173801, 6.44%, 6/7/2027 | 12/11/2025 | 1429 | 1393 |

---

*See Notes to Financial Statements.*

32 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 7695 | 10173808, 4.53%, 6/7/2027 | 12/11/2025 | 7203 | 7357 |
| 3932 | 10173862, 4.53%, 6/7/2027 | 12/11/2025 | 3688 | 3760 |
| 2812 | 10173894, 4.53%, 6/7/2027 | 12/11/2025 | 2639 | 2689 |
| 4318 | 10173926, 4.53%, 6/7/2027 | 12/11/2025 | 4057 | 4132 |
| 6771 | 10173963, 6.43%, 6/7/2027 | 12/11/2025 | 6274 | 6102 |
| 1995 | 10174013, 6.42%, 6/7/2027 | 12/11/2025 | 1831 | 1803 |
| 1518 | 10174029, 6.07%, 6/7/2027 | 12/11/2025 | 1409 | 1350 |
| 8969 | 10174046, 4.53%, 6/7/2027 | 12/11/2025 | 8406 | 8579 |
| 2304 | 10174134, 4.53%, 6/7/2027 | 12/11/2025 | 2173 | 2206 |
| 6460 | 10174159, 4.53%, 6/7/2027 | 12/11/2025 | 6056 | 6178 |
| 13212 | 10174217, 4.53%, 6/7/2027 | 12/11/2025 | 12417 | 12642 |
| 8828 | 10175229, 6.12%, 6/8/2027 | 12/11/2025 | 8153 | 8079 |
| 4023 | 10175438, 5.29%, 6/8/2027 | 12/11/2025 | 3723 | 3541 |
| 1975 | 10175539, 6.43%, 6/8/2027 | 12/11/2025 | 1819 | 1783 |
| 17508 | 10175575, 6.12%, 6/8/2027 | 12/11/2025 | 16166 | 16022 |
| 7204 | 10176113, 6.12%, 6/8/2027 | 12/11/2025 | 6631 | 6580 |
| 26261 | 10176389, 4.52%, 6/8/2027 | 12/11/2025 | 24741 | 25140 |
| 13581 | 10176854, 5.75%, 6/8/2027 | 12/11/2025 | 12577 | 12497 |
| 18870 | 10177037, 5.75%, 6/8/2027 | 12/11/2025 | 17404 | 17330 |
| 28006 | 10177255, 4.52%, 6/8/2027 | 12/11/2025 | 26261 | 26782 |
| 1722 | 10177633, 5.29%, 6/8/2027 | 12/11/2025 | 1616 | 1541 |
| 1593 | 10177660, 4.54%, 6/8/2027 | 12/11/2025 | 1495 | 1523 |
| 4381 | 10177678, 4.53%, 6/8/2027 | 12/11/2025 | 4111 | 4191 |
| 39253 | 10177729, 4.52%, 6/8/2027 | 12/11/2025 | 36979 | 37578 |
| 22437 | 10179769, 4.52%, 6/8/2027 | 12/11/2025 | 21097 | 21471 |
| 1615 | 10180205, 6.44%, 6/8/2027 | 12/11/2025 | 1486 | 1449 |
| 10396 | 10180231, 4.95%, 6/8/2027 | 12/11/2025 | 9736 | 9817 |
| 32635 | 10180311, 4.95%, 6/9/2027 | 12/12/2025 | 30555 | 30820 |
| 17300 | 10180829, 6.12%, 6/9/2027 | 12/12/2025 | 15960 | 15810 |
| 43427 | 10181190, 4.52%, 6/9/2027 | 12/12/2025 | 40804 | 41559 |
| 3362 | 10181952, 5.29%, 6/9/2027 | 12/12/2025 | 3164 | 3020 |
| 34920 | 10181982, 6.12%, 6/9/2027 | 12/12/2025 | 32053 | 31918 |
| 5397 | 10182373, 4.95%, 6/9/2027 | 12/12/2025 | 5030 | 5089 |
| 10604 | 10182472, 5.75%, 6/9/2027 | 12/12/2025 | 9813 | 9752 |
| 14791 | 10182593, 5.26%, 6/9/2027 | 12/12/2025 | 13750 | 13811 |
| 24671 | 10182744, 4.95%, 6/9/2027 | 12/12/2025 | 23005 | 23270 |
| 6350 | 10183012, 4.52%, 6/9/2027 | 12/12/2025 | 5962 | 6075 |
| 12529 | 10183057, 6.42%, 6/9/2027 | 12/12/2025 | 11566 | 11266 |
| 47767 | 10183188, 5.50%, 6/9/2027 | 12/12/2025 | 44367 | 44281 |
| 15889 | 10183640, 4.52%, 6/9/2027 | 12/12/2025 | 14917 | 15199 |
| 56017 | 10183775, 4.52%, 6/9/2027 | 12/12/2025 | 52536 | 53573 |
| 2576 | 10184154, 6.11%, 6/9/2027 | 12/12/2025 | 2380 | 2359 |
| 1774 | 10184168, 6.41%, 6/9/2027 | 12/12/2025 | 1638 | 1596 |
| 5401 | 10184170, 6.12%, 6/9/2027 | 12/12/2025 | 4977 | 4938 |
| 877 | 10184196, 6.09%, 6/9/2027 | 12/12/2025 | 813 | 779 |
| 95447 | 10184200, 4.52%, 6/9/2027 | 12/12/2025 | 89684 | 91316 |
| 4294 | 10185163, 5.51%, 6/9/2027 | 12/12/2025 | 3994 | 3983 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 33

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 3808 | 10185207, 6.42%, 6/9/2027 | 12/12/2025 | 3524 | 3430 |
| 13760 | 10185235, 4.52%, 6/9/2027 | 12/12/2025 | 12911 | 13163 |
| 23943 | 10185371, 4.52%, 6/10/2027 | 12/15/2025 | 22457 | 22901 |
| 18920 | 10185736, 6.12%, 6/10/2027 | 12/15/2025 | 17471 | 17317 |
| 831 | 10186095, 4.98%, 6/10/2027 | 12/15/2025 | 773 | 783 |
| 27775 | 10186110, 4.52%, 6/10/2027 | 12/15/2025 | 26041 | 26564 |
| 15349 | 10186709, 4.52%, 6/10/2027 | 12/15/2025 | 14392 | 14682 |
| 1215 | 10187027, 6.06%, 6/10/2027 | 12/15/2025 | 1114 | 1070 |
| 102618 | 10187064, 4.52%, 6/10/2027 | 12/15/2025 | 96390 | 98176 |
| 32075 | 10188165, 5.26%, 6/10/2027 | 12/15/2025 | 29835 | 29959 |
| 19988 | 10188381, 5.26%, 6/10/2027 | 12/15/2025 | 18532 | 18651 |
| 1060 | 10188488, 6.12%, 6/10/2027 | 12/15/2025 | 975 | 968 |
| 2523 | 10188496, 6.28%, 6/10/2027 | 12/15/2025 | 2293 | 2241 |
| 8489 | 10188524, 5.75%, 6/10/2027 | 12/15/2025 | 7895 | 7829 |
| 1163 | 10188576, 6.29%, 6/10/2027 | 12/15/2025 | 1073 | 1040 |
| 3034 | 10188578, 6.12%, 6/10/2027 | 12/15/2025 | 2753 | 2766 |
| 13865 | 10188599, 5.50%, 6/10/2027 | 12/15/2025 | 12847 | 12837 |
| 7398 | 10188688, 6.11%, 6/10/2027 | 12/15/2025 | 6852 | 6782 |
| 1461 | 10188733, 6.41%, 6/10/2027 | 12/15/2025 | 1328 | 1303 |
| 6018 | 10188746, 4.52%, 6/10/2027 | 12/15/2025 | 5654 | 5757 |
| 10520 | 10188760, 6.42%, 6/10/2027 | 12/15/2025 | 9700 | 9495 |
| 12113 | 10188817, 5.50%, 6/10/2027 | 12/15/2025 | 11171 | 11193 |
| 2643 | 10188898, 6.41%, 6/10/2027 | 12/15/2025 | 2443 | 2392 |
| 13361 | 10188917, 4.52%, 6/10/2027 | 12/15/2025 | 12546 | 12783 |
| 9110 | 10189012, 4.95%, 6/10/2027 | 12/15/2025 | 8498 | 8595 |
| 61585 | 10189081, 4.52%, 6/10/2027 | 12/15/2025 | 57782 | 58907 |
| 16163 | 10189526, 6.12%, 6/10/2027 | 12/15/2025 | 14899 | 14783 |
| 27832 | 10189672, 5.50%, 6/10/2027 | 12/15/2025 | 25713 | 25750 |
| 2876 | 10189921, 5.50%, 6/10/2027 | 12/15/2025 | 2665 | 2664 |
| 3661 | 10189967, 6.13%, 6/10/2027 | 12/15/2025 | 3358 | 3342 |
| 4711 | 10190020, 4.53%, 6/10/2027 | 12/15/2025 | 4418 | 4505 |
| 9182 | 10190046, 4.95%, 6/10/2027 | 12/15/2025 | 8571 | 8665 |
| 12012 | 10192972, 5.77%, 6/11/2027 | 12/16/2025 | 11148 | 11068 |
| 637 | 10193139, 5.31%, 6/11/2027 | 12/16/2025 | 594 | 568 |
| 15392 | 10193148, 5.53%, 6/11/2027 | 12/16/2025 | 14318 | 14279 |
| 3335 | 10193259, 4.54%, 6/11/2027 | 12/16/2025 | 3131 | 3188 |
| 1539 | 10193299, 6.44%, 6/11/2027 | 12/16/2025 | 1419 | 1397 |
| 29602 | 10193331, 5.28%, 6/11/2027 | 12/16/2025 | 27527 | 27648 |
| 2442 | 10193621, 5.53%, 6/11/2027 | 12/16/2025 | 2256 | 2259 |
| 1739 | 10193658, 6.46%, 6/11/2027 | 12/16/2025 | 1591 | 1564 |
| 2161 | 10193676, 6.14%, 6/11/2027 | 12/16/2025 | 1989 | 1976 |
| 2636 | 10193714, 6.14%, 6/11/2027 | 12/16/2025 | 2427 | 2410 |
| 4100 | 10193796, 6.14%, 6/11/2027 | 12/16/2025 | 3770 | 3747 |
| 16608 | 10193857, 4.54%, 6/11/2027 | 12/16/2025 | 15536 | 15843 |
| 36549 | 10194430, 5.28%, 6/11/2027 | 12/16/2025 | 34000 | 34132 |
| 3236 | 10194930, 6.45%, 6/11/2027 | 12/16/2025 | 2964 | 2915 |

---

*See Notes to Financial Statements.*

34 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 13641 | 10194985, 6.29%, 6/11/2027 | 12/16/2025 | 12467 | 12106 |
| 2217 | 10195121, 6.45%, 6/11/2027 | 12/16/2025 | 2036 | 2000 |
| 6267 | 10195145, 6.14%, 6/11/2027 | 12/16/2025 | 5771 | 5731 |
| 2324 | 10195221, 6.45%, 6/11/2027 | 12/16/2025 | 2125 | 2079 |
| 4546 | 10195247, 4.53%, 6/11/2027 | 12/16/2025 | 4275 | 4350 |
| 2795 | 10195284, 6.14%, 6/11/2027 | 12/16/2025 | 2564 | 2552 |
| 14346 | 10195323, 4.97%, 6/11/2027 | 12/16/2025 | 13338 | 13514 |
| 2739 | 10195461, 6.09%, 6/11/2027 | 12/16/2025 | 2519 | 2422 |
| 4292 | 10195528, 5.32%, 6/11/2027 | 12/16/2025 | 3996 | 3818 |
| 71711 | 10195589, 4.97%, 6/11/2027 | 12/16/2025 | 66841 | 67626 |
| 96504 | 10196794, 4.54%, 6/11/2027 | 12/16/2025 | 90588 | 92305 |
| 31778 | 10197809, 4.54%, 6/11/2027 | 12/16/2025 | 29861 | 30401 |
| 5211 | 10198025, 4.53%, 6/11/2027 | 12/16/2025 | 4893 | 4985 |
| 4440 | 10198099, 4.54%, 6/11/2027 | 12/16/2025 | 4175 | 4248 |
| 9336 | 10198197, 5.28%, 6/11/2027 | 12/16/2025 | 8702 | 8727 |
| 11251 | 10198326, 5.31%, 6/11/2027 | 12/16/2025 | 10365 | 9848 |
| 7744 | 10198490, 4.54%, 6/12/2027 | 12/17/2025 | 7277 | 7409 |
| 1676 | 10198628, 5.26%, 6/12/2027 | 12/17/2025 | 1560 | 1566 |
| 22386 | 10198647, 4.54%, 6/12/2027 | 12/17/2025 | 21009 | 21407 |
| 37630 | 10198884, 4.54%, 6/12/2027 | 12/17/2025 | 35363 | 35998 |
| 7367 | 10199516, 4.54%, 6/12/2027 | 12/17/2025 | 6912 | 7047 |
| 22629 | 10199727, 5.53%, 6/12/2027 | 12/17/2025 | 20944 | 20949 |
| 3492 | 10200158, 4.53%, 6/12/2027 | 12/17/2025 | 3280 | 3341 |
| 15721 | 10200234, 5.31%, 6/12/2027 | 12/17/2025 | 14719 | 14085 |
| 5177 | 10200476, 5.53%, 6/12/2027 | 12/17/2025 | 4779 | 4786 |
| 2085 | 10200547, 5.29%, 6/12/2027 | 12/17/2025 | 1937 | 1946 |
| 43092 | 10200568, 4.54%, 6/12/2027 | 12/17/2025 | 40423 | 41209 |
| 3813 | 10201037, 6.14%, 6/12/2027 | 12/17/2025 | 3500 | 3480 |
| 5225 | 10201072, 6.45%, 6/12/2027 | 12/17/2025 | 4772 | 4720 |
| 4878 | 10201118, 6.45%, 6/12/2027 | 12/17/2025 | 4471 | 4371 |
| 2029 | 10201143, 4.54%, 6/12/2027 | 12/17/2025 | 1910 | 1942 |
| 33880 | 10201162, 4.54%, 6/12/2027 | 12/17/2025 | 31813 | 32409 |
| 1417 | 10201417, 6.15%, 6/12/2027 | 12/17/2025 | 1305 | 1296 |
| 12792 | 10201430, 4.54%, 6/12/2027 | 12/17/2025 | 11992 | 12231 |
| 3141 | 10201541, 6.44%, 6/12/2027 | 12/17/2025 | 2873 | 2823 |
| 10918 | 10201569, 4.97%, 6/12/2027 | 12/17/2025 | 10192 | 10301 |
| 444 | 10201679, 5.31%, 6/12/2027 | 12/17/2025 | 415 | 397 |
| 6975 | 10201681, 6.45%, 6/12/2027 | 12/17/2025 | 6396 | 6288 |
| 2292 | 10201767, 5.27%, 6/12/2027 | 12/17/2025 | 2135 | 2142 |
| 51522 | 10201794, 4.54%, 6/12/2027 | 12/17/2025 | 48418 | 49278 |
| 13259 | 10202439, 4.54%, 6/12/2027 | 12/17/2025 | 12455 | 12684 |
| 4158 | 10202558, 6.45%, 6/12/2027 | 12/17/2025 | 3822 | 3734 |
| 13104 | 10202593, 4.54%, 6/12/2027 | 12/17/2025 | 12303 | 12534 |
| 951 | 10202773, 6.07%, 6/12/2027 | 12/17/2025 | 871 | 838 |
| 940 | 10202794, 6.46%, 6/12/2027 | 12/17/2025 | 864 | 844 |
| 47493 | 10202822, 4.54%, 6/12/2027 | 12/17/2025 | 44551 | 45420 |
| 4612 | 10203238, 5.29%, 6/13/2027 | 12/18/2025 | 4277 | 4304 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 35

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 21799 | 10203289, 6.14%, 6/13/2027 | 12/18/2025 | 20025 | 19913 |
| 6244 | 10203402, 4.53%, 6/13/2027 | 12/18/2025 | 5858 | 5971 |
| 10350 | 10203431, 5.52%, 6/13/2027 | 12/18/2025 | 9591 | 9585 |
| 15647 | 10203481, 4.54%, 6/13/2027 | 12/18/2025 | 14672 | 14961 |
| 8757 | 10203570, 4.97%, 6/13/2027 | 12/18/2025 | 8166 | 8259 |
| 1897 | 10203626, 5.77%, 6/13/2027 | 12/18/2025 | 1746 | 1734 |
| 4116 | 10203643, 5.28%, 6/13/2027 | 12/18/2025 | 3836 | 3848 |
| 1430 | 10203671, 5.32%, 6/13/2027 | 12/18/2025 | 1336 | 1278 |
| 3804 | 10203676, 4.54%, 6/13/2027 | 12/18/2025 | 3567 | 3637 |
| 18444 | 10203708, 5.53%, 6/13/2027 | 12/18/2025 | 17013 | 16991 |
| 3988 | 10203858, 4.53%, 6/13/2027 | 12/18/2025 | 3743 | 3815 |
| 1650 | 10203881, 4.97%, 6/13/2027 | 12/18/2025 | 1541 | 1557 |
| 14013 | 10203903, 4.54%, 6/13/2027 | 12/18/2025 | 13155 | 13404 |
| 6105 | 10203996, 5.53%, 6/13/2027 | 12/18/2025 | 5642 | 5645 |
| 1950 | 10204040, 6.14%, 6/13/2027 | 12/18/2025 | 1800 | 1786 |
| 9593 | 10204053, 4.54%, 6/13/2027 | 12/18/2025 | 9001 | 9174 |
| 1532 | 10204116, 6.16%, 6/13/2027 | 12/18/2025 | 1409 | 1401 |
| 8982 | 10204124, 4.54%, 6/13/2027 | 12/18/2025 | 8429 | 8590 |
| 1949 | 10204215, 6.42%, 6/14/2027 | 12/18/2025 | 1780 | 1743 |
| 1587 | 10204233, 6.42%, 6/14/2027 | 12/18/2025 | 1455 | 1437 |
| 3303 | 10204255, 4.95%, 6/14/2027 | 12/18/2025 | 3087 | 3118 |
| 4924 | 10204270, 5.77%, 6/14/2027 | 12/18/2025 | 4552 | 4530 |
| 2540 | 10204299, 6.06%, 6/14/2027 | 12/18/2025 | 2347 | 2258 |
| 14343 | 10204310, 4.53%, 6/14/2027 | 12/18/2025 | 13461 | 13715 |
| 9718 | 10204407, 4.96%, 6/14/2027 | 12/18/2025 | 9046 | 9161 |
| 4860 | 10204468, 5.75%, 6/14/2027 | 12/18/2025 | 4492 | 4472 |
| 5636 | 10204497, 6.44%, 6/14/2027 | 12/18/2025 | 5154 | 5098 |
| 4542 | 10204533, 6.13%, 6/14/2027 | 12/18/2025 | 4169 | 4148 |
| 16446 | 10204564, 6.07%, 6/14/2027 | 12/18/2025 | 15152 | 14610 |
| 3456 | 10204683, 6.14%, 6/14/2027 | 12/18/2025 | 3177 | 3159 |
| 6573 | 10204699, 4.53%, 6/14/2027 | 12/18/2025 | 6153 | 6282 |
| 11026 | 10204753, 5.76%, 6/14/2027 | 12/18/2025 | 10216 | 10155 |
| 8319 | 10204822, 6.44%, 6/14/2027 | 12/18/2025 | 7589 | 7436 |
| 4834 | 10204870, 5.51%, 6/14/2027 | 12/18/2025 | 4496 | 4485 |
| 866 | 10204903, 6.45%, 6/14/2027 | 12/18/2025 | 793 | 775 |
| 2794 | 10204907, 4.53%, 6/14/2027 | 12/18/2025 | 2620 | 2671 |
| 15390 | 10204924, 5.76%, 6/14/2027 | 12/18/2025 | 14136 | 14098 |
| 2838 | 10205049, 6.13%, 6/14/2027 | 12/18/2025 | 2610 | 2594 |
| 8006 | 10205072, 4.53%, 6/14/2027 | 12/18/2025 | 7505 | 7654 |
| 5399 | 10205937, 6.12%, 6/15/2027 | 12/18/2025 | 4986 | 4944 |
| 5134 | 10206013, 6.12%, 6/15/2027 | 12/18/2025 | 4715 | 4688 |
| 857 | 10206162, 5.29%, 6/15/2027 | 12/18/2025 | 797 | 763 |
| 14107 | 10206180, 4.52%, 6/15/2027 | 12/18/2025 | 13229 | 13491 |
| 6024 | 10206445, 5.29%, 6/15/2027 | 12/18/2025 | 5644 | 5405 |
| 1517 | 10206536, 6.42%, 6/15/2027 | 12/18/2025 | 1381 | 1354 |
| 5077 | 10206561, 6.42%, 6/15/2027 | 12/18/2025 | 4639 | 4543 |

---

*See Notes to Financial Statements.*

36 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 10880 | 10206704, 4.95%, 6/15/2027 | 12/18/2025 | 10139 | 10260 |
| 7189 | 10207028, 6.12%, 6/15/2027 | 12/18/2025 | 6602 | 6561 |
| 975 | 10207178, 5.26%, 6/15/2027 | 12/18/2025 | 914 | 875 |
| 3284 | 10207227, 6.27%, 6/15/2027 | 12/18/2025 | 3013 | 2926 |
| 976 | 10207285, 6.30%, 6/15/2027 | 12/18/2025 | 891 | 863 |
| 4025 | 10207301, 5.51%, 6/15/2027 | 12/18/2025 | 3743 | 3734 |
| 29131 | 10207336, 5.51%, 6/15/2027 | 12/18/2025 | 26986 | 26982 |
| 7397 | 10207635, 4.52%, 6/15/2027 | 12/18/2025 | 6923 | 7070 |
| 17383 | 10207692, 4.52%, 6/15/2027 | 12/18/2025 | 16252 | 16612 |
| 4664 | 10207843, 6.11%, 6/15/2027 | 12/18/2025 | 4306 | 4271 |
| 2221 | 10207877, 5.24%, 6/15/2027 | 12/18/2025 | 2066 | 2075 |
| 32742 | 10207900, 6.42%, 6/15/2027 | 12/18/2025 | 29892 | 29582 |
| 4180 | 10208220, 6.42%, 6/15/2027 | 12/18/2025 | 3811 | 3755 |
| 3265 | 10209222, 6.42%, 6/15/2027 | 12/18/2025 | 3003 | 2949 |
| 5044 | 10209257, 6.43%, 6/15/2027 | 12/18/2025 | 4620 | 4543 |
| 10622 | 10209338, 4.95%, 6/15/2027 | 12/18/2025 | 9878 | 9992 |
| 45596 | 10209420, 4.52%, 6/15/2027 | 12/18/2025 | 42785 | 43606 |
| 2728 | 10209909, 6.13%, 6/15/2027 | 12/18/2025 | 2517 | 2497 |
| 28933 | 10209937, 5.75%, 6/15/2027 | 12/18/2025 | 26802 | 26645 |
| 2467 | 10210368, 6.28%, 6/15/2027 | 12/18/2025 | 2253 | 2178 |
| 8029 | 10210402, 4.52%, 6/15/2027 | 12/18/2025 | 7538 | 7679 |
| 2050 | 10210501, 5.77%, 6/15/2027 | 12/18/2025 | 1897 | 1887 |
| 13518 | 10210519, 6.42%, 6/15/2027 | 12/18/2025 | 12427 | 12205 |
| 1253 | 10210641, 6.10%, 6/15/2027 | 12/18/2025 | 1145 | 1141 |
| 8753 | 10210660, 4.52%, 6/15/2027 | 12/18/2025 | 8217 | 8372 |
| 4091 | 10210716, 4.52%, 6/15/2027 | 12/18/2025 | 3839 | 3912 |
| 9599 | 10210727, 4.95%, 6/16/2027 | 12/19/2025 | 8956 | 9055 |
| 36650 | 10210897, 4.52%, 6/16/2027 | 12/19/2025 | 34274 | 35016 |
| 23858 | 10211508, 5.26%, 6/16/2027 | 12/19/2025 | 22239 | 22305 |
| 13488 | 10212094, 4.95%, 6/16/2027 | 12/19/2025 | 12559 | 12713 |
| 44690 | 10212285, 5.75%, 6/16/2027 | 12/19/2025 | 41086 | 41035 |
| 28781 | 10212765, 5.26%, 6/16/2027 | 12/19/2025 | 26747 | 26874 |
| 1454 | 10213089, 6.14%, 6/16/2027 | 12/19/2025 | 1331 | 1325 |
| 6524 | 10213099, 5.26%, 6/16/2027 | 12/19/2025 | 6078 | 6098 |
| 3491 | 10213138, 5.26%, 6/16/2027 | 12/19/2025 | 3234 | 3255 |
| 2150 | 10213161, 4.52%, 6/16/2027 | 12/19/2025 | 2015 | 2055 |
| 33069 | 10213180, 4.95%, 6/16/2027 | 12/19/2025 | 30834 | 31187 |
| 1524 | 10213398, 5.31%, 6/16/2027 | 12/19/2025 | 1425 | 1365 |
| 2329 | 10213420, 5.28%, 6/16/2027 | 12/19/2025 | 2180 | 2089 |
| 22966 | 10213441, 4.95%, 6/16/2027 | 12/19/2025 | 21415 | 21659 |
| 1552 | 10213650, 5.49%, 6/16/2027 | 12/19/2025 | 1439 | 1438 |
| 2347 | 10213670, 4.52%, 6/16/2027 | 12/19/2025 | 2205 | 2245 |
| 58827 | 10213696, 4.52%, 6/16/2027 | 12/19/2025 | 55288 | 56279 |
| 1105 | 10214087, 5.26%, 6/16/2027 | 12/19/2025 | 1028 | 1032 |
| 3487 | 10214102, 6.12%, 6/16/2027 | 12/19/2025 | 3200 | 3184 |
| 6787 | 10214128, 5.75%, 6/16/2027 | 12/19/2025 | 6244 | 6220 |
| 4895 | 10214166, 5.26%, 6/16/2027 | 12/19/2025 | 4546 | 4570 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 37

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 6630 | 10214204, 5.26%, 6/16/2027 | 12/19/2025 | 6162 | 6192 |
| 3776 | 10214257, 5.50%, 6/16/2027 | 12/19/2025 | 3497 | 3497 |
| 38924 | 10214313, 4.52%, 6/16/2027 | 12/19/2025 | 36596 | 37242 |
| 5503 | 10214691, 5.50%, 6/16/2027 | 12/19/2025 | 5077 | 5087 |
| 10306 | 10214754, 6.42%, 6/16/2027 | 12/19/2025 | 9437 | 9326 |
| 10235 | 10214888, 4.52%, 6/16/2027 | 12/19/2025 | 9614 | 9790 |
| 24000 | 10214968, 4.95%, 6/16/2027 | 12/19/2025 | 22414 | 22645 |
| 4526 | 10215130, 4.53%, 6/16/2027 | 12/19/2025 | 4249 | 4328 |
| 3511 | 10215160, 5.51%, 6/16/2027 | 12/19/2025 | 3241 | 3247 |
| 24912 | 10215182, 4.95%, 6/16/2027 | 12/19/2025 | 23272 | 23509 |
| 25641 | 10215352, 4.52%, 6/16/2027 | 12/19/2025 | 24063 | 24516 |
| 4685 | 10215533, 6.11%, 6/17/2027 | 12/22/2025 | 4288 | 4255 |
| 6725 | 10215631, 5.26%, 6/17/2027 | 12/22/2025 | 6245 | 6283 |
| 9159 | 10215683, 5.50%, 6/17/2027 | 12/22/2025 | 8476 | 8479 |
| 9621 | 10215828, 4.52%, 6/17/2027 | 12/22/2025 | 9022 | 9201 |
| 2369 | 10216057, 4.95%, 6/17/2027 | 12/22/2025 | 2212 | 2235 |
| 11846 | 10216077, 4.52%, 6/17/2027 | 12/22/2025 | 11084 | 11326 |
| 1537 | 10216333, 6.43%, 6/17/2027 | 12/22/2025 | 1408 | 1386 |
| 3143 | 10216360, 4.96%, 6/17/2027 | 12/22/2025 | 2927 | 2964 |
| 11351 | 10216412, 4.52%, 6/17/2027 | 12/22/2025 | 10650 | 10855 |
| 3340 | 10216698, 6.13%, 6/17/2027 | 12/22/2025 | 3064 | 3051 |
| 3372 | 10216780, 5.25%, 6/17/2027 | 12/22/2025 | 3142 | 3152 |
| 8162 | 10216845, 4.52%, 6/17/2027 | 12/22/2025 | 7650 | 7804 |
| 38975 | 10216948, 5.75%, 6/17/2027 | 12/22/2025 | 35951 | 35837 |
| 21297 | 10217387, 4.52%, 6/17/2027 | 12/22/2025 | 19938 | 20359 |
| 23154 | 10217602, 4.52%, 6/17/2027 | 12/22/2025 | 21770 | 22152 |
| 22865 | 10217882, 4.95%, 6/17/2027 | 12/22/2025 | 21380 | 21584 |
| 12212 | 10218092, 4.52%, 6/17/2027 | 12/22/2025 | 11463 | 11680 |
| 19607 | 10218188, 6.12%, 6/17/2027 | 12/22/2025 | 18018 | 17921 |
| 5636 | 10218385, 5.75%, 6/17/2027 | 12/22/2025 | 5201 | 5187 |
| 50327 | 10218433, 4.52%, 6/17/2027 | 12/22/2025 | 47265 | 48141 |
| 4647 | 10218819, 5.26%, 6/17/2027 | 12/22/2025 | 4320 | 4341 |
| 5372 | 10218876, 4.52%, 6/17/2027 | 12/22/2025 | 5038 | 5135 |
| 1409 | 10218930, 5.27%, 6/17/2027 | 12/22/2025 | 1318 | 1264 |
| 7724 | 10218939, 5.50%, 6/17/2027 | 12/22/2025 | 7139 | 7154 |
| 2919 | 10218989, 6.06%, 6/17/2027 | 12/22/2025 | 2701 | 2600 |
| 5808 | 10219012, 4.52%, 6/17/2027 | 12/22/2025 | 5456 | 5556 |
| 5449 | 10219064, 4.52%, 6/17/2027 | 12/22/2025 | 5108 | 5211 |
| 14108 | 10219112, 5.50%, 6/17/2027 | 12/22/2025 | 13058 | 13065 |
| 52237 | 10219170, 5.75%, 6/17/2027 | 12/22/2025 | 48203 | 48045 |
| 15211 | 10219504, 6.43%, 6/17/2027 | 12/22/2025 | 13937 | 13642 |
| 20927 | 10219666, 4.95%, 6/17/2027 | 12/22/2025 | 19526 | 19743 |
| 1960 | 10222787, 5.33%, 6/18/2027 | 12/23/2025 | 1817 | 1751 |
| 36821 | 10222889, 4.54%, 6/18/2027 | 12/23/2025 | 34551 | 35207 |
| 2741 | 10223381, 6.45%, 6/18/2027 | 12/23/2025 | 2500 | 2477 |
| 14165 | 10223403, 5.28%, 6/18/2027 | 12/23/2025 | 13179 | 13236 |

---

*See Notes to Financial Statements.*

38 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 76799 | 10223571, 5.28%, 6/18/2027 | 12/23/2025 | 71298 | 71717 |
| 12997 | 10224817, 5.77%, 6/18/2027 | 12/23/2025 | 11994 | 11952 |
| 16324 | 10225021, 6.45%, 6/18/2027 | 12/23/2025 | 14979 | 14739 |
| 12320 | 10225230, 4.54%, 6/18/2027 | 12/23/2025 | 11553 | 11779 |
| 6560 | 10225293, 4.53%, 6/18/2027 | 12/23/2025 | 6159 | 6274 |
| 11913 | 10225368, 5.53%, 6/18/2027 | 12/23/2025 | 11050 | 11043 |
| 57920 | 10225532, 4.54%, 6/18/2027 | 12/23/2025 | 54361 | 55391 |
| 4315 | 10226047, 6.30%, 6/18/2027 | 12/23/2025 | 3970 | 3859 |
| 33864 | 10226096, 4.54%, 6/18/2027 | 12/23/2025 | 31780 | 32384 |
| 1060 | 10226376, 6.45%, 6/18/2027 | 12/23/2025 | 970 | 951 |
| 6566 | 10226382, 6.08%, 6/18/2027 | 12/23/2025 | 6002 | 5805 |
| 1652 | 10226464, 6.28%, 6/18/2027 | 12/23/2025 | 1513 | 1473 |
| 1372 | 10226466, 6.16%, 6/18/2027 | 12/23/2025 | 1262 | 1254 |
| 6940 | 10226504, 6.45%, 6/18/2027 | 12/23/2025 | 6355 | 6226 |
| 7822 | 10226563, 5.52%, 6/18/2027 | 12/23/2025 | 7242 | 7245 |
| 8626 | 10226642, 4.54%, 6/18/2027 | 12/23/2025 | 8094 | 8246 |
| 3267 | 10226723, 6.44%, 6/18/2027 | 12/23/2025 | 2995 | 2947 |
| 11429 | 10226764, 4.54%, 6/18/2027 | 12/23/2025 | 10715 | 10928 |
| 2507 | 10226853, 5.27%, 6/18/2027 | 12/23/2025 | 2327 | 2340 |
| 5062 | 10226867, 4.54%, 6/18/2027 | 12/23/2025 | 4748 | 4839 |
| 8986 | 10226891, 4.97%, 6/18/2027 | 12/23/2025 | 8384 | 8477 |
| 7056 | 10226957, 5.53%, 6/18/2027 | 12/23/2025 | 6544 | 6540 |
| 11017 | 10227031, 4.54%, 6/18/2027 | 12/23/2025 | 10323 | 10532 |
| 17918 | 10227237, 4.54%, 6/18/2027 | 12/23/2025 | 16815 | 17131 |
| 33399 | 10227490, 6.14%, 6/19/2027 | 12/24/2025 | 30649 | 30522 |
| 20239 | 10228081, 5.77%, 6/19/2027 | 12/24/2025 | 18673 | 18615 |
| 6309 | 10228421, 4.54%, 6/19/2027 | 12/24/2025 | 5893 | 6020 |
| 7345 | 10228531, 5.53%, 6/19/2027 | 12/24/2025 | 6799 | 6804 |
| 17576 | 10228742, 4.97%, 6/19/2027 | 12/24/2025 | 16388 | 16577 |
| 22565 | 10229074, 4.54%, 6/19/2027 | 12/24/2025 | 21170 | 21579 |
| 5196 | 10229331, 5.52%, 6/19/2027 | 12/24/2025 | 4811 | 4810 |
| 11262 | 10229412, 4.54%, 6/19/2027 | 12/24/2025 | 10571 | 10771 |
| 12410 | 10229539, 6.14%, 6/19/2027 | 12/24/2025 | 11398 | 11342 |
| 4457 | 10229656, 4.97%, 6/19/2027 | 12/24/2025 | 4154 | 4203 |
| 18835 | 10229708, 4.54%, 6/19/2027 | 12/24/2025 | 17670 | 18009 |
| 12031 | 10229861, 4.54%, 6/19/2027 | 12/24/2025 | 11296 | 11506 |
| 27023 | 10229909, 4.54%, 6/19/2027 | 12/24/2025 | 25352 | 25842 |
| 1747 | 10230065, 6.46%, 6/19/2027 | 12/24/2025 | 1597 | 1580 |
| 2564 | 10230080, 5.77%, 6/19/2027 | 12/24/2025 | 2370 | 2360 |
| 2705 | 10230101, 6.14%, 6/19/2027 | 12/24/2025 | 2489 | 2474 |
| 13408 | 10230114, 6.45%, 6/19/2027 | 12/24/2025 | 12279 | 12095 |
| 24232 | 10230235, 5.53%, 6/19/2027 | 12/24/2025 | 22410 | 22434 |
| 58688 | 10230374, 4.54%, 6/19/2027 | 12/24/2025 | 55086 | 56123 |
| 6243 | 10230879, 4.54%, 6/19/2027 | 12/24/2025 | 5862 | 5970 |
| 25318 | 10230970, 6.14%, 6/19/2027 | 12/24/2025 | 23230 | 23126 |
| 4252 | 10231199, 6.45%, 6/19/2027 | 12/24/2025 | 3891 | 3811 |
| 1867 | 10231233, 6.28%, 6/19/2027 | 12/24/2025 | 1712 | 1666 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 39

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5165 | 10231258, 6.44%, 6/19/2027 | 12/24/2025 | 4738 | 4640 |
| 7900 | 10231310, 5.52%, 6/19/2027 | 12/24/2025 | 7317 | 7319 |
| 2007 | 10231405, 4.54%, 6/19/2027 | 12/24/2025 | 1882 | 1919 |
| 2083 | 10231447, 5.32%, 6/19/2027 | 12/24/2025 | 1934 | 1858 |
| 16994 | 10231463, 5.28%, 6/19/2027 | 12/24/2025 | 15790 | 15874 |
| 10653 | 10231621, 4.54%, 6/19/2027 | 12/24/2025 | 10000 | 10188 |
| 8238 | 10231737, 6.45%, 6/19/2027 | 12/24/2025 | 7538 | 7390 |
| 3075 | 10231789, 6.29%, 6/20/2027 | 12/26/2025 | 2822 | 2747 |
| 24956 | 10231815, 4.54%, 6/20/2027 | 12/26/2025 | 23412 | 23860 |
| 11093 | 10231949, 4.97%, 6/20/2027 | 12/26/2025 | 10329 | 10456 |
| 2014 | 10232006, 4.53%, 6/20/2027 | 12/26/2025 | 1889 | 1926 |
| 6031 | 10232015, 5.52%, 6/20/2027 | 12/26/2025 | 5589 | 5589 |
| 4829 | 10232043, 5.27%, 6/20/2027 | 12/26/2025 | 4488 | 4511 |
| 10959 | 10232069, 5.77%, 6/20/2027 | 12/26/2025 | 10121 | 10085 |
| 13973 | 10232139, 4.97%, 6/20/2027 | 12/26/2025 | 13027 | 13178 |
| 18877 | 10232220, 4.54%, 6/20/2027 | 12/26/2025 | 17707 | 18050 |
| 5096 | 10232327, 4.54%, 6/20/2027 | 12/26/2025 | 4778 | 4872 |
| 10105 | 10232363, 4.54%, 6/20/2027 | 12/26/2025 | 9477 | 9661 |
| 10823 | 10232433, 5.28%, 6/20/2027 | 12/26/2025 | 10024 | 10104 |
| 7545 | 10232514, 4.53%, 6/20/2027 | 12/26/2025 | 7074 | 7213 |
| 39594 | 10232571, 5.52%, 6/20/2027 | 12/26/2025 | 36687 | 36691 |
| 7579 | 10232799, 4.97%, 6/21/2027 | 12/26/2025 | 7064 | 7147 |
| 37455 | 10232839, 5.76%, 6/21/2027 | 12/26/2025 | 34483 | 34422 |
| 12104 | 10233079, 4.53%, 6/21/2027 | 12/26/2025 | 11345 | 11572 |
| 12440 | 10233143, 4.53%, 6/21/2027 | 12/26/2025 | 11672 | 11895 |
| 4642 | 10233221, 4.53%, 6/21/2027 | 12/26/2025 | 4357 | 4439 |
| 1696 | 10233262, 4.55%, 6/21/2027 | 12/26/2025 | 1591 | 1622 |
| 4541 | 10233272, 6.44%, 6/21/2027 | 12/26/2025 | 4155 | 4095 |
| 1675 | 10233311, 6.27%, 6/21/2027 | 12/26/2025 | 1534 | 1494 |
| 1399 | 10233327, 6.43%, 6/21/2027 | 12/26/2025 | 1282 | 1257 |
| 2767 | 10233343, 5.75%, 6/21/2027 | 12/26/2025 | 2546 | 2544 |
| 1873 | 10233372, 6.12%, 6/21/2027 | 12/26/2025 | 1717 | 1711 |
| 27374 | 10233394, 4.96%, 6/21/2027 | 12/26/2025 | 25545 | 25826 |
| 9551 | 10233526, 4.96%, 6/21/2027 | 12/26/2025 | 8899 | 9005 |
| 2241 | 10233575, 6.14%, 6/21/2027 | 12/26/2025 | 2060 | 2049 |
| 3499 | 10233587, 5.30%, 6/21/2027 | 12/26/2025 | 3259 | 3133 |
| 808 | 10234519, 6.41%, 6/22/2027 | 12/26/2025 | 739 | 729 |
| 7846 | 10234522, 5.26%, 6/22/2027 | 12/26/2025 | 7283 | 7324 |
| 32130 | 10234686, 4.52%, 6/22/2027 | 12/26/2025 | 30107 | 30715 |
| 1015 | 10235404, 6.42%, 6/22/2027 | 12/26/2025 | 929 | 916 |
| 7763 | 10235481, 4.52%, 6/22/2027 | 12/26/2025 | 7285 | 7423 |
| 7868 | 10235734, 6.42%, 6/22/2027 | 12/26/2025 | 7180 | 7052 |
| 13133 | 10235846, 5.26%, 6/22/2027 | 12/26/2025 | 12208 | 12268 |
| 16709 | 10236002, 5.26%, 6/22/2027 | 12/26/2025 | 15492 | 15594 |
| 24518 | 10236192, 5.75%, 6/22/2027 | 12/26/2025 | 22613 | 22550 |
| 3334 | 10236314, 5.30%, 6/22/2027 | 12/26/2025 | 3090 | 2979 |

---

*See Notes to Financial Statements.*

40 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 6930 | 10236339, 5.75%, 6/22/2027 | 12/26/2025 | 6402 | 6378 |
| 5430 | 10236396, 4.52%, 6/22/2027 | 12/26/2025 | 5094 | 5192 |
| 9840 | 10236452, 4.52%, 6/22/2027 | 12/26/2025 | 9222 | 9407 |
| 3777 | 10236545, 5.75%, 6/22/2027 | 12/26/2025 | 3482 | 3475 |
| 45271 | 10236563, 6.42%, 6/22/2027 | 12/26/2025 | 41336 | 40956 |
| 31692 | 10236950, 5.75%, 6/22/2027 | 12/26/2025 | 29191 | 29140 |
| 5573 | 10237106, 6.27%, 6/22/2027 | 12/26/2025 | 5120 | 4982 |
| 5437 | 10237124, 4.52%, 6/22/2027 | 12/26/2025 | 5102 | 5199 |
| 50443 | 10237147, 6.42%, 6/22/2027 | 12/26/2025 | 46096 | 45451 |
| 10050 | 10237500, 4.95%, 6/22/2027 | 12/26/2025 | 9379 | 9481 |
| 14278 | 10237627, 6.06%, 6/22/2027 | 12/26/2025 | 13097 | 12647 |
| 562 | 10237812, 4.58%, 6/22/2027 | 12/26/2025 | 527 | 537 |
| 1813 | 10237813, 5.29%, 6/22/2027 | 12/26/2025 | 1685 | 1618 |
| 1679 | 10237820, 6.42%, 6/22/2027 | 12/26/2025 | 1538 | 1521 |
| 7132 | 10237835, 4.52%, 6/22/2027 | 12/26/2025 | 6692 | 6820 |
| 1215 | 10237881, 6.41%, 6/22/2027 | 12/26/2025 | 1112 | 1096 |
| 6434 | 10237886, 6.27%, 6/22/2027 | 12/26/2025 | 5912 | 5751 |
| 27436 | 10237913, 5.50%, 6/22/2027 | 12/26/2025 | 25408 | 25420 |
| 7873 | 10238142, 5.75%, 6/22/2027 | 12/26/2025 | 7261 | 7239 |
| 17820 | 10238274, 4.52%, 6/22/2027 | 12/26/2025 | 16724 | 17040 |
| 21867 | 10239637, 6.28%, 6/23/2027 | 12/29/2025 | 20036 | 19523 |
| 4549 | 10239853, 6.44%, 6/23/2027 | 12/29/2025 | 4150 | 4113 |
| 6667 | 10239933, 4.53%, 6/23/2027 | 12/29/2025 | 6244 | 6371 |
| 3350 | 10240116, 4.52%, 6/23/2027 | 12/29/2025 | 3140 | 3203 |
| 1283 | 10240155, 6.46%, 6/23/2027 | 12/29/2025 | 1173 | 1161 |
| 1296 | 10240164, 6.46%, 6/23/2027 | 12/29/2025 | 1182 | 1162 |
| 5993 | 10240181, 4.53%, 6/23/2027 | 12/29/2025 | 5620 | 5730 |
| 1078 | 10240312, 4.51%, 6/23/2027 | 12/29/2025 | 1011 | 1031 |
| 2980 | 10240332, 4.52%, 6/23/2027 | 12/29/2025 | 2794 | 2849 |
| 13850 | 10240372, 4.96%, 6/23/2027 | 12/29/2025 | 12886 | 13056 |
| 12234 | 10240610, 4.53%, 6/23/2027 | 12/29/2025 | 11453 | 11692 |
| 2392 | 10240788, 6.14%, 6/23/2027 | 12/29/2025 | 2196 | 2187 |
| 25124 | 10240840, 4.96%, 6/23/2027 | 12/29/2025 | 23426 | 23697 |
| 8642 | 10241059, 4.53%, 6/23/2027 | 12/29/2025 | 8088 | 8257 |
| 6599 | 10241173, 4.53%, 6/23/2027 | 12/29/2025 | 6169 | 6306 |
| 39644 | 10241261, 5.76%, 6/23/2027 | 12/29/2025 | 36497 | 36439 |
| 2372 | 10241777, 5.29%, 6/23/2027 | 12/29/2025 | 2199 | 2120 |
| 8031 | 10241797, 5.76%, 6/23/2027 | 12/29/2025 | 7407 | 7385 |
| 4550 | 10241837, 5.51%, 6/23/2027 | 12/29/2025 | 4203 | 4213 |
| 2856 | 10241885, 6.13%, 6/23/2027 | 12/29/2025 | 2623 | 2611 |
| 14652 | 10241902, 4.53%, 6/23/2027 | 12/29/2025 | 13735 | 14007 |
| 4175 | 10242025, 5.30%, 6/23/2027 | 12/29/2025 | 3879 | 3734 |
| 48050 | 10242049, 4.53%, 6/23/2027 | 12/29/2025 | 44990 | 45928 |
| 22388 | 10242288, 4.53%, 6/23/2027 | 12/29/2025 | 20991 | 21404 |
| 4487 | 10242417, 4.53%, 6/23/2027 | 12/29/2025 | 4205 | 4288 |
| 7132 | 10242440, 4.53%, 6/23/2027 | 12/29/2025 | 6664 | 6814 |
| 2815 | 10242502, 4.53%, 6/23/2027 | 12/29/2025 | 2640 | 2691 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 41

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 735 | 10242521, 6.03%, 6/23/2027 | 12/29/2025 | 677 | 654 |
| 4731 | 10242542, 6.13%, 6/23/2027 | 12/29/2025 | 4338 | 4321 |
| 1175 | 10242574, 6.44%, 6/23/2027 | 12/29/2025 | 1070 | 1053 |
| 86095 | 10242579, 4.96%, 6/23/2027 | 12/29/2025 | 80229 | 81186 |
| 79719 | 10243239, 4.53%, 6/23/2027 | 12/29/2025 | 74702 | 76200 |
| 29311 | 10245936, 6.15%, 6/24/2027 | 12/30/2025 | 26810 | 26650 |
| 7816 | 10246319, 4.55%, 6/24/2027 | 12/30/2025 | 7315 | 7469 |
| 3272 | 10246434, 5.53%, 6/24/2027 | 12/30/2025 | 3020 | 3026 |
| 5732 | 10246501, 6.30%, 6/24/2027 | 12/30/2025 | 5202 | 5084 |
| 29025 | 10246605, 6.15%, 6/24/2027 | 12/30/2025 | 26598 | 26520 |
| 10102 | 10247114, 4.55%, 6/24/2027 | 12/30/2025 | 9463 | 9655 |
| 50775 | 10247254, 4.55%, 6/24/2027 | 12/30/2025 | 47536 | 48528 |
| 1608 | 10247816, 5.78%, 6/24/2027 | 12/30/2025 | 1480 | 1478 |
| 10839 | 10247860, 5.29%, 6/24/2027 | 12/30/2025 | 10051 | 10118 |
| 4246 | 10248324, 5.32%, 6/24/2027 | 12/30/2025 | 3938 | 3798 |
| 17139 | 10248384, 4.55%, 6/24/2027 | 12/30/2025 | 16056 | 16381 |
| 11660 | 10248854, 6.46%, 6/24/2027 | 12/30/2025 | 10643 | 10459 |
| 5699 | 10249062, 5.53%, 6/24/2027 | 12/30/2025 | 5266 | 5277 |
| 3132 | 10249116, 6.09%, 6/24/2027 | 12/30/2025 | 2874 | 2785 |
| 2818 | 10249173, 6.14%, 6/24/2027 | 12/30/2025 | 2580 | 2573 |
| 12088 | 10249201, 4.55%, 6/24/2027 | 12/30/2025 | 11324 | 11554 |
| 26126 | 10249357, 4.55%, 6/24/2027 | 12/30/2025 | 24468 | 24968 |
| 4872 | 10249940, 5.29%, 6/24/2027 | 12/30/2025 | 4515 | 4546 |
| 21792 | 10250070, 4.55%, 6/24/2027 | 12/30/2025 | 20415 | 20829 |
| 4781 | 10250131, 6.47%, 6/25/2027 | 12/31/2025 | 4360 | 4287 |
| 17646 | 10250185, 5.32%, 6/25/2027 | 12/31/2025 | 16338 | 15770 |
| 1824 | 10250244, 5.34%, 6/25/2027 | 12/31/2025 | 1689 | 1630 |
| 75193 | 10250252, 6.46%, 6/25/2027 | 12/31/2025 | 68520 | 67704 |
| 67431 | 10250488, 4.98%, 6/25/2027 | 12/31/2025 | 62736 | 63557 |
| 3906 | 10250730, 5.53%, 6/25/2027 | 12/31/2025 | 3608 | 3617 |
| 5573 | 10250749, 6.30%, 6/25/2027 | 12/31/2025 | 5093 | 4974 |
| 26103 | 10250775, 6.31%, 6/25/2027 | 12/31/2025 | 23837 | 23279 |
| 2985 | 10250904, 4.54%, 6/25/2027 | 12/31/2025 | 2795 | 2853 |
| 3360 | 10250921, 6.45%, 6/25/2027 | 12/31/2025 | 3057 | 3037 |
| 8796 | 10250935, 4.54%, 6/25/2027 | 12/31/2025 | 8237 | 8407 |
| 21728 | 10251301, 6.14%, 6/26/2027 | 12/31/2025 | 19885 | 19842 |
| 54577 | 10251552, 5.77%, 6/26/2027 | 12/31/2025 | 50209 | 50168 |
| 22437 | 10252329, 4.54%, 6/26/2027 | 12/31/2025 | 20990 | 21435 |
| 282 | 10252510, 5.09%, 6/26/2027 | 12/31/2025 | 262 | 266 |
| 17140 | 10252511, 4.54%, 6/26/2027 | 12/31/2025 | 16044 | 16376 |
| 8606 | 10252650, 5.31%, 6/26/2027 | 12/31/2025 | 7976 | 7697 |
| 33812 | 10252757, 4.54%, 6/26/2027 | 12/31/2025 | 31644 | 32309 |
| 27749 | 10253000, 4.54%, 6/26/2027 | 12/31/2025 | 25982 | 26517 |
| 6386 | 10253121, 6.15%, 6/26/2027 | 12/31/2025 | 5848 | 5833 |
| 6359 | 10253145, 6.15%, 6/26/2027 | 12/31/2025 | 5818 | 5807 |
| 1073 | 10253168, 6.47%, 6/26/2027 | 12/31/2025 | 979 | 962 |

---

*See Notes to Financial Statements.*

42 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5108 | 10253178, 4.54%, 6/26/2027 | 12/31/2025 | 4783 | 4881 |
| 5710 | 10253218, 4.97%, 6/26/2027 | 12/31/2025 | 5315 | 5383 |
| 13535 | 10253274, 5.28%, 6/26/2027 | 12/31/2025 | 12544 | 12633 |
| 27570 | 10253360, 6.14%, 6/26/2027 | 12/31/2025 | 25204 | 25154 |
| 14755 | 10253588, 4.54%, 6/26/2027 | 12/31/2025 | 13817 | 14102 |
| 1153 | 10253743, 6.14%, 6/26/2027 | 12/31/2025 | 1056 | 1053 |
| 17750 | 10253747, 5.53%, 6/26/2027 | 12/31/2025 | 16387 | 16427 |
| 3801 | 10253942, 6.44%, 6/26/2027 | 12/31/2025 | 3467 | 3439 |
| 24005 | 10253960, 4.54%, 6/26/2027 | 12/31/2025 | 22476 | 22940 |
| 18042 | 10254132, 4.54%, 6/26/2027 | 12/31/2025 | 16888 | 17238 |
| 9308 | 10254353, 4.54%, 6/26/2027 | 12/31/2025 | 8713 | 8893 |
| 1160 | 10254456, 5.28%, 6/26/2027 | 12/31/2025 | 1074 | 1036 |
| 10688 | 10254469, 6.45%, 6/26/2027 | 12/31/2025 | 9743 | 9665 |
| 4652 | 10254558, 6.45%, 6/26/2027 | 12/31/2025 | 4241 | 4208 |
| 4530 | 10254608, 4.54%, 6/26/2027 | 12/31/2025 | 4242 | 4329 |
| 19417 | 10254679, 5.31%, 6/26/2027 | 12/31/2025 | 17946 | 17295 |
| 25346 | 10254982, 5.77%, 6/26/2027 | 12/31/2025 | 23325 | 23296 |
| 3085 | 1548102, 4.60%, 7/4/2020<sup>(e)</sup> | 1/9/2019 | 3083 |  |
| 3962 | 1582381, 6.77%, 7/24/2020<sup>(e)</sup> | 1/29/2019 | 3958 |  |
| 1489 | 1584984, 4.59%, 7/26/2020<sup>(e)</sup> | 1/31/2019 | 1488 |  |
| 334 | 1585089, 5.68%, 7/26/2020<sup>(e)</sup> | 1/31/2019 | 334 |  |
| 10597 | 1589658, 3.79%, 7/29/2020<sup>(e)</sup> | 2/1/2019 | 10597 | 1 |
| 196 | 1593258, 5.84%, 7/31/2020<sup>(e)</sup> | 2/5/2019 | 195 |  |
| 617 | 1597661, 5.09%, 8/2/2020<sup>(e)</sup> | 2/7/2019 | 616 |  |
| 3674 | 1614869, 5.66%, 8/13/2020<sup>(e)</sup> | 2/19/2019 | 3665 |  |
| 315 | 1619931, 5.85%, 8/14/2020<sup>(e)</sup> | 2/20/2019 | 314 |  |
| 29567 | 1642532, 6.44%, 8/25/2020<sup>(e)</sup> | 2/28/2019 | 29537 | 1 |
| 717 | 1644626, 5.82%, 8/26/2020<sup>(e)</sup> | 3/1/2019 | 716 |  |
| 1304 | 1647130, 5.66%, 8/27/2020<sup>(e)</sup> | 3/4/2019 | 1301 |  |
| 8795 | 1666941, 6.41%, 9/8/2020<sup>(e)</sup> | 3/13/2019 | 8794 |  |
| 5472 | 1671864, 5.78%, 9/11/2020<sup>(e)</sup> | 3/14/2019 | 5472 |  |
| 551 | 1673730, 6.38%, 9/12/2020<sup>(e)</sup> | 3/15/2019 | 551 |  |
| 970 | 1688605, 6.49%, 9/18/2020<sup>(e)</sup> | 3/21/2019 | 971 |  |
| 3619 | 1688902, 5.11%, 9/18/2020<sup>(e)</sup> | 3/21/2019 | 3618 |  |
| 322 | 1689677, 6.04%, 9/18/2020<sup>(e)</sup> | 3/21/2019 | 322 |  |
| 3873 | 1690358, 4.35%, 9/18/2020<sup>(e)</sup> | 3/21/2019 | 3873 |  |
| 5886 | 1690894, 6.02%, 9/18/2020<sup>(e)</sup> | 3/21/2019 | 5886 |  |
| 1155 | 1729242, 5.78%, 10/3/2020<sup>(e)</sup> | 4/8/2019 | 1154 |  |
| 1171 | 1739156, 3.47%, 10/6/2020<sup>(e)</sup> | 4/11/2019 | 1171 |  |
| 1088 | 1749348, 5.01%, 10/10/2020<sup>(e)</sup> | 4/15/2019 | 1075 |  |
| 61103 | 1760439, 5.01%, 10/16/2020<sup>(e)</sup> | 4/19/2019 | 61090 | 1 |
| 396 | 1775545, 6.71%, 10/22/2020<sup>(e)</sup> | 4/25/2019 | 396 |  |
| 7118 | 1782187, 5.63%, 10/24/2020<sup>(e)</sup> | 4/29/2019 | 7106 |  |
| 5194 | 1783373, 4.54%, 10/24/2020<sup>(e)</sup> | 4/29/2019 | 5194 |  |
| 287 | 1788029, 5.84%, 10/26/2020<sup>(e)</sup> | 5/1/2019 | 287 |  |
| 3942 | 1791383, 6.41%, 10/28/2020<sup>(e)</sup> | 5/2/2019 | 3942 |  |
| 493 | 1813719, 5.80%, 11/7/2020<sup>(e)</sup> | 5/10/2019 | 493 |  |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 43

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 332 1820693, 5.80%, 11/9/2020<sup>(e)</sup> | 5/14/2019 | 332 |  |
| 3825 1820908, 5.80%, 11/9/2020<sup>(e)</sup> | 5/14/2019 | 3826 |  |
| 1506 1824445, 5.79%, 11/10/2020<sup>(e)</sup> | 5/15/2019 | 1506 |  |
| 807 1841518, 6.41%, 11/16/2020<sup>(e)</sup> | 5/21/2019 | 808 |  |
| 23704 1857938, 6.42%, 11/23/2020<sup>(e)</sup> | 5/29/2019 | 23704 | 1 |
| 1768 1863181, 5.79%, 11/26/2020<sup>(e)</sup> | 5/31/2019 | 1768 |  |
| 1713 1873479, 5.80%, 11/30/2020<sup>(e)</sup> | 6/4/2019 | 1714 |  |
| 561 1880932, 6.73%, 12/1/2020<sup>(e)</sup> | 6/6/2019 | 561 |  |
| 2656 1889402, 5.01%, 12/5/2020<sup>(e)</sup> | 6/10/2019 | 2560 | 1 |
| 2230 1898014, 3.78%, 12/8/2020<sup>(e)</sup> | 6/13/2019 | 2229 |  |
| 1473 1899920, 7.18%, 12/10/2020<sup>(e)</sup> | 6/13/2019 | 1474 |  |
| 3480 1906277, 6.71%, 12/12/2020<sup>(e)</sup> | 6/17/2019 | 3472 |  |
| 7423 1907614, 6.71%, 12/12/2020<sup>(e)</sup> | 6/17/2019 | 7422 |  |
| 5514 1935809, 3.90%, 12/22/2020<sup>(e)</sup> | 6/27/2019 | 5513 |  |
| 215 1935883, 6.51%, 12/22/2020<sup>(e)</sup> | 6/27/2019 | 215 |  |
| 967 1936562, 5.74%, 12/23/2020<sup>(e)</sup> | 6/27/2019 | 965 |  |
| 1574 1937906, 5.12%, 12/24/2020<sup>(e)</sup> | 6/27/2019 | 1574 |  |
| 312 1939533, 5.73%, 12/24/2020<sup>(e)</sup> | 6/27/2019 | 312 | 1 |
| 1409 1939920, 5.11%, 12/24/2020<sup>(e)</sup> | 6/27/2019 | 1410 |  |
| 4251 1951399, 4.57%, 12/28/2020<sup>(e)</sup> | 7/3/2019 | 4248 |  |
| 21176 1952526, 4.56%, 12/28/2020<sup>(e)</sup> | 7/3/2019 | 21176 | 1 |
| 3535 1954457, 5.65%, 12/29/2020<sup>(e)</sup> | 7/5/2019 | 3535 |  |
| 1283 1956268, 5.62%, 1/1/2021<sup>(e)</sup> | 7/5/2019 | 1282 |  |
| 6727 1957392, 5.62%, 1/1/2021<sup>(e)</sup> | 7/5/2019 | 6727 |  |
| 4978 1969396, 5.02%, 1/5/2021<sup>(e)</sup> | 7/10/2019 | 4978 |  |
| 3807 1971120, 7.17%, 1/7/2021<sup>(e)</sup> | 7/11/2019 | 3805 |  |
| 319 1974969, 5.77%, 1/8/2021<sup>(e)</sup> | 7/11/2019 | 320 |  |
| 24942 1995397, 5.62%, 1/16/2021<sup>(e)</sup> | 7/19/2019 | 24942 | 1 |
| 123 2002359, 5.81%, 1/18/2021<sup>(e)</sup> | 7/23/2019 | 123 |  |
| 2193 2003516, 4.55%, 1/18/2021<sup>(e)</sup> | 7/23/2019 | 2194 |  |
| 2401 2015576, 4.55%, 1/24/2021<sup>(e)</sup> | 7/29/2019 | 2395 |  |
| 464 2022374, 5.80%, 1/25/2021<sup>(e)</sup> | 7/30/2019 | 465 |  |
| 1802 2034758, 5.79%, 1/30/2021<sup>(e)</sup> | 8/2/2019 | 1802 |  |
| 288 2042030, 6.72%, 2/1/2021<sup>(e)</sup> | 8/6/2019 | 288 |  |
| 1523 2044993, 5.64%, 2/2/2021<sup>(e)</sup> | 8/7/2019 | 1523 |  |
| 2900 2045020, 6.73%, 2/2/2021<sup>(e)</sup> | 8/7/2019 | 2900 |  |
| 1999 2050834, 3.78%, 2/5/2021<sup>(e)</sup> | 8/8/2019 | 1998 |  |
| 461 2064400, 6.73%, 2/9/2021<sup>(e)</sup> | 8/14/2019 | 461 |  |
| 8935 2064937, 6.41%, 2/9/2021<sup>(e)</sup> | 8/14/2019 | 8936 | 3 |
| 509 2076746, 5.77%, 2/13/2021<sup>(e)</sup> | 8/16/2019 | 509 |  |
| 1572 2091346, 5.79%, 2/16/2021<sup>(e)</sup> | 8/21/2019 | 1572 |  |
| 2350 2091583, 6.72%, 2/17/2021<sup>(e)</sup> | 8/22/2019 | 2349 |  |
| 5276 2093924, 5.77%, 2/19/2021<sup>(e)</sup> | 8/22/2019 | 5276 |  |
| 1211 2095700, 6.71%, 2/19/2021<sup>(e)</sup> | 8/22/2019 | 1211 |  |
| 3320 2096337, 6.70%, 2/20/2021<sup>(e)</sup> | 8/23/2019 | 3318 |  |
| 335 2097641, 5.77%, 2/20/2021<sup>(e)</sup> | 8/23/2019 | 335 |  |

---

*See Notes to Financial Statements.*

44 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 3305 2107007, 6.72%, 2/23/2021<sup>(e)</sup> | 8/28/2019 | 3299 |  |
| 3218 2118140, 5.77%, 2/27/2021<sup>(e)</sup> | 8/30/2019 | 3218 |  |
| 727 2118711, 7.16%, 2/27/2021<sup>(e)</sup> | 8/30/2019 | 727 |  |
| 3515 2124347, 5.04%, 2/28/2021<sup>(e)</sup> | 9/4/2019 | 3514 |  |
| 3276 2124530, 5.82%, 2/28/2021<sup>(e)</sup> | 9/4/2019 | 3276 |  |
| 2289 2127198, 5.82%, 2/28/2021<sup>(e)</sup> | 9/4/2019 | 2289 |  |
| 895 2143775, 3.80%, 3/5/2021<sup>(e)</sup> | 9/10/2019 | 895 |  |
| 3988 2146490, 3.48%, 3/5/2021<sup>(e)</sup> | 9/10/2019 | 3989 |  |
| 10808 2153324, 5.03%, 3/9/2021<sup>(e)</sup> | 9/12/2019 | 10807 | 1 |
| 12425 2154168, 4.57%, 3/9/2021<sup>(e)</sup> | 9/12/2019 | 12425 | 1 |
| 5500 2167809, 7.22%, 3/13/2021<sup>(e)</sup> | 9/18/2019 | 5500 |  |
| 1983 2170053, 4.58%, 3/13/2021<sup>(e)</sup> | 9/18/2019 | 1983 |  |
| 3147 2177062, 5.65%, 3/17/2021<sup>(e)</sup> | 9/20/2019 | 3147 |  |
| 1057 2195443, 3.47%, 3/24/2021<sup>(e)</sup> | 9/27/2019 | 1057 |  |
| 3389 2195971, 6.73%, 3/24/2021<sup>(e)</sup> | 9/27/2019 | 3389 |  |
| 5801 2196017, 5.81%, 3/24/2021<sup>(e)</sup> | 9/27/2019 | 5801 |  |
| 4983 2196788, 5.81%, 3/24/2021<sup>(e)</sup> | 9/27/2019 | 4983 | 2 |
| 187 2199055, 5.03%, 3/25/2021<sup>(e)</sup> | 9/30/2019 | 187 |  |
| 679 2200159, 3.78%, 3/25/2021<sup>(e)</sup> | 9/30/2019 | 679 |  |
| 16485 2201629, 6.45%, 3/26/2021<sup>(e)</sup> | 10/1/2019 | 16477 |  |
| 1865 2209692, 5.80%, 3/30/2021<sup>(e)</sup> | 10/3/2019 | 1865 |  |
| 1497 2218683, 3.48%, 4/2/2021<sup>(e)</sup> | 10/7/2019 | 1495 |  |
| 2548 2241112, 6.72%, 4/8/2021<sup>(e)</sup> | 10/11/2019 | 2548 |  |
| 6525 2247847, 4.59%, 4/10/2021<sup>(e)</sup> | 10/16/2019 | 6525 |  |
| 208 2256883, 3.89%, 4/14/2021<sup>(e)</sup> | 10/18/2019 | 207 |  |
| 3711 2259998, 6.72%, 4/15/2021<sup>(e)</sup> | 10/18/2019 | 3708 |  |
| 4893 2263574, 6.72%, 4/16/2021<sup>(e)</sup> | 10/21/2019 | 4883 |  |
| 3075 2269360, 7.21%, 4/17/2021<sup>(e)</sup> | 10/22/2019 | 3076 |  |
| 2750 2274254, 5.65%, 4/20/2021<sup>(e)</sup> | 10/24/2019 | 2750 |  |
| 21998 2275768, 3.90%, 4/21/2021<sup>(e)</sup> | 10/24/2019 | 21998 | 1 |
| 2624 2279635, 4.36%, 4/22/2021<sup>(e)</sup> | 10/25/2019 | 2617 |  |
| 837 2283626, 5.81%, 4/23/2021<sup>(e)</sup> | 10/28/2019 | 837 |  |
| 589 2290461, 5.85%, 4/25/2021<sup>(e)</sup> | 10/30/2019 | 588 |  |
| 2946 2290671, 6.75%, 4/25/2021<sup>(e)</sup> | 10/30/2019 | 2945 |  |
| 3651 2291658, 5.76%, 4/25/2021<sup>(e)</sup> | 10/30/2019 | 3652 |  |
| 767 2292201, 5.16%, 4/25/2021<sup>(e)</sup> | 10/30/2019 | 767 |  |
| 2067 2292361, 6.53%, 4/25/2021<sup>(e)</sup> | 10/30/2019 | 2067 |  |
| 5297 2293918, 7.19%, 4/27/2021<sup>(e)</sup> | 10/31/2019 | 5297 |  |
| 3327 2302369, 7.19%, 4/30/2021<sup>(e)</sup> | 11/4/2019 | 3326 |  |
| 15022 2304806, 4.56%, 4/30/2021<sup>(e)</sup> | 11/4/2019 | 14983 | 1 |
| 8898 2307058, 5.68%, 4/30/2021<sup>(e)</sup> | 11/5/2019 | 8890 | 1 |
| 782 2313732, 5.68%, 5/2/2021<sup>(e)</sup> | 11/7/2019 | 781 |  |
| 1646 2314048, 4.59%, 5/3/2021<sup>(e)</sup> | 11/7/2019 | 1643 |  |
| 2792 2317664, 4.57%, 5/4/2021<sup>(e)</sup> | 11/7/2019 | 2791 |  |
| 2205 2319896, 3.48%, 5/5/2021<sup>(e)</sup> | 11/8/2019 | 2204 |  |
| 9757 2321137, 6.75%, 5/5/2021<sup>(e)</sup> | 11/8/2019 | 9728 | 1 |
| 11326 2321696, 6.44%, 5/5/2021<sup>(e)</sup> | 11/8/2019 | 11321 |  |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 45

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 6144 2324513, 5.82%, 5/6/2021<sup>(e)</sup> | 11/12/2019 | 6134 | 1 |
| 7234 2330138, 6.78%, 5/7/2021<sup>(e)</sup> | 11/13/2019 | 7227 |  |
| 674 2334179, 5.87%, 5/8/2021<sup>(e)</sup> | 11/14/2019 | 673 |  |
| 2162 2334953, 5.05%, 5/11/2021<sup>(e)</sup> | 11/15/2019 | 2156 |  |
| 4241 2337867, 3.80%, 5/11/2021<sup>(e)</sup> | 11/15/2019 | 4239 |  |
| 294 2338036, 4.60%, 5/11/2021<sup>(e)</sup> | 11/15/2019 | 293 |  |
| 2130 2340058, 6.75%, 5/12/2021<sup>(e)</sup> | 11/15/2019 | 2127 |  |
| 109 2341864, 7.19%, 5/12/2021<sup>(e)</sup> | 11/15/2019 | 108 |  |
| 7669 2351912, 5.68%, 5/14/2021<sup>(e)</sup> | 11/19/2019 | 7666 |  |
| 834 2352868, 5.22%, 5/14/2021<sup>(e)</sup> | 11/19/2019 | 833 |  |
| 1230 2353875, 4.55%, 5/15/2021<sup>(e)</sup> | 11/20/2019 | 1229 |  |
| 10605 2353915, 5.22%, 5/15/2021<sup>(e)</sup> | 11/20/2019 | 10601 |  |
| 1218 2355375, 3.16%, 5/15/2021<sup>(e)</sup> | 11/20/2019 | 1218 |  |
| 12454 2355381, 4.55%, 5/15/2021<sup>(e)</sup> | 11/20/2019 | 12450 |  |
| 18146 2357103, 4.55%, 5/15/2021<sup>(e)</sup> | 11/20/2019 | 18123 |  |
| 2640 2357897, 5.01%, 5/15/2021<sup>(e)</sup> | 11/20/2019 | 2638 |  |
| 609 2360356, 5.13%, 5/17/2021<sup>(e)</sup> | 11/21/2019 | 609 |  |
| 8392 2360582, 3.76%, 5/17/2021<sup>(e)</sup> | 11/21/2019 | 8389 |  |
| 3267 2362529, 4.38%, 5/18/2021<sup>(e)</sup> | 11/21/2019 | 3264 |  |
| 1615 2365137, 4.99%, 5/18/2021<sup>(e)</sup> | 11/21/2019 | 1615 |  |
| 1513 2367039, 3.29%, 5/19/2021<sup>(e)</sup> | 11/22/2019 | 1511 |  |
| 2290 2367052, 4.38%, 5/19/2021<sup>(e)</sup> | 11/22/2019 | 2289 |  |
| 2583 2368269, 4.53%, 5/19/2021<sup>(e)</sup> | 11/22/2019 | 2581 |  |
| 613 2370479, 5.66%, 5/20/2021<sup>(e)</sup> | 11/25/2019 | 610 |  |
| 652 2375072, 3.30%, 5/21/2021<sup>(e)</sup> | 11/26/2019 | 651 |  |
| 18646 2375697, 4.39%, 5/21/2021<sup>(e)</sup> | 11/26/2019 | 18640 |  |
| 5916 2378064, 5.21%, 5/22/2021<sup>(e)</sup> | 11/27/2019 | 5908 |  |
| 7857 2378913, 4.55%, 5/22/2021<sup>(e)</sup> | 11/27/2019 | 7852 |  |
| 4649 2380327, 3.30%, 5/22/2021<sup>(e)</sup> | 11/27/2019 | 4648 |  |
| 2471 2382061, 4.86%, 5/23/2021<sup>(e)</sup> | 11/29/2019 | 2421 |  |
| 16035 2384037, 5.76%, 5/25/2021<sup>(e)</sup> | 11/29/2019 | 16026 | 1 |
| 1296 2384123, 5.13%, 5/25/2021<sup>(e)</sup> | 11/29/2019 | 1296 |  |
| 1759 2384328, 4.53%, 5/25/2021<sup>(e)</sup> | 11/29/2019 | 1758 |  |
| 9230 2384659, 5.15%, 5/25/2021<sup>(e)</sup> | 11/29/2019 | 9225 |  |
| 1395 2384791, 5.15%, 5/25/2021<sup>(e)</sup> | 11/29/2019 | 1394 |  |
| 4236 2385394, 4.53%, 5/25/2021<sup>(e)</sup> | 11/29/2019 | 4233 |  |
| 7249 2389003, 4.54%, 5/26/2021<sup>(e)</sup> | 12/2/2019 | 7246 |  |
| 7598 2389913, 5.21%, 5/26/2021<sup>(e)</sup> | 12/2/2019 | 7533 | 1 |
| 11356 2393947, 4.54%, 5/26/2021<sup>(e)</sup> | 12/2/2019 | 11346 |  |
| 11785 2396071, 5.54%, 5/27/2021<sup>(e)</sup> | 12/3/2019 | 11770 |  |
| 7352 2399996, 5.07%, 5/28/2021<sup>(e)</sup> | 12/4/2019 | 7345 |  |
| 1369 2400418, 5.22%, 5/28/2021<sup>(e)</sup> | 12/4/2019 | 1368 |  |
| 899 2402558, 5.20%, 5/29/2021<sup>(e)</sup> | 12/4/2019 | 899 |  |
| 216 2404856, 3.30%, 5/30/2021<sup>(e)</sup> | 12/5/2019 | 216 |  |
| 956 2411275, 4.58%, 6/2/2021<sup>(e)</sup> | 12/5/2019 | 955 |  |
| 2855 2413355, 5.03%, 6/3/2021<sup>(e)</sup> | 12/6/2019 | 2854 |  |

---

*See Notes to Financial Statements.*

46 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2178 2413407, 5.19%, 6/3/2021<sup>(e)</sup> | 12/6/2019 | 2176 |  |
| 10056 2414589, 3.90%, 6/3/2021<sup>(e)</sup> | 12/6/2019 | 10048 |  |
| 18282 2414998, 4.52%, 6/3/2021<sup>(e)</sup> | 12/6/2019 | 18275 |  |
| 12472 2417947, 4.52%, 6/4/2021<sup>(e)</sup> | 12/9/2019 | 12442 |  |
| 2457 2428610, 4.54%, 6/7/2021<sup>(e)</sup> | 12/12/2019 | 2457 |  |
| 1957 2429244, 4.53%, 6/8/2021<sup>(e)</sup> | 12/12/2019 | 1956 |  |
| 3948 2431645, 4.52%, 6/9/2021<sup>(e)</sup> | 12/12/2019 | 3946 |  |
| 307 2432110, 4.86%, 6/9/2021<sup>(e)</sup> | 12/12/2019 | 307 |  |
| 862 2438281, 4.56%, 6/10/2021<sup>(e)</sup> | 12/13/2019 | 861 |  |
| 516 2443888, 4.88%, 6/12/2021<sup>(e)</sup> | 12/17/2019 | 515 |  |
| 1289 2448231, 5.05%, 6/13/2021<sup>(e)</sup> | 12/18/2019 | 1287 |  |
| 10161 2449329, 4.54%, 6/13/2021<sup>(e)</sup> | 12/18/2019 | 10159 |  |
| 1039 2449975, 4.84%, 6/13/2021<sup>(e)</sup> | 12/18/2019 | 1038 |  |
| 4318 2450948, 4.38%, 6/14/2021<sup>(e)</sup> | 12/19/2019 | 4316 |  |
| 3248 2456049, 4.53%, 6/16/2021<sup>(e)</sup> | 12/19/2019 | 3246 |  |
| 1335 2456291, 3.27%, 6/16/2021<sup>(e)</sup> | 12/19/2019 | 1334 |  |
| 1313 2458260, 3.94%, 6/17/2021<sup>(e)</sup> | 12/20/2019 | 1312 |  |
| 24220 2470811, 3.76%, 6/20/2021<sup>(e)</sup> | 12/26/2019 | 24212 | 1 |
| 2226 2470977, 3.76%, 6/20/2021<sup>(e)</sup> | 12/26/2019 | 2225 |  |
| 3324 2472487, 3.30%, 6/20/2021<sup>(e)</sup> | 12/26/2019 | 3323 |  |
| 480 2473605, 4.70%, 6/20/2021<sup>(e)</sup> | 12/26/2019 | 480 |  |
| 2988 2475472, 4.39%, 6/21/2021<sup>(e)</sup> | 12/27/2019 | 2987 |  |
| 3933 2476003, 4.54%, 6/22/2021<sup>(e)</sup> | 12/27/2019 | 3931 |  |
| 1626 2476069, 4.53%, 6/22/2021<sup>(e)</sup> | 12/27/2019 | 1625 |  |
| 4181 2476664, 4.70%, 6/22/2021<sup>(e)</sup> | 12/27/2019 | 4179 |  |
| 1026 2476728, 4.54%, 6/23/2021<sup>(e)</sup> | 12/27/2019 | 1025 |  |
| 3131 2478636, 4.53%, 6/23/2021<sup>(e)</sup> | 12/27/2019 | 3129 |  |
| 2669 2479009, 4.53%, 6/23/2021<sup>(e)</sup> | 12/27/2019 | 2668 |  |
| 12601 2479619, 4.69%, 6/23/2021<sup>(e)</sup> | 12/27/2019 | 12597 |  |
| 1424 2480598, 4.99%, 6/24/2021<sup>(e)</sup> | 12/30/2019 | 1422 |  |
| 7622 2485471, 4.43%, 6/25/2021<sup>(e)</sup> | 12/31/2019 | 7619 |  |
| 3510 2488287, 5.21%, 6/26/2021<sup>(e)</sup> | 12/31/2019 | 3508 |  |
| 724 2497539, 5.20%, 6/30/2021<sup>(e)</sup> | 1/3/2020 | 724 |  |
| 2924 2498378, 5.21%, 6/30/2021<sup>(e)</sup> | 1/6/2020 | 2918 |  |
| 49917 2502837, 3.97%, 7/1/2021<sup>(e)</sup> | 1/7/2020 | 49904 | 1 |
| 5823 2503963, 3.30%, 7/2/2021<sup>(e)</sup> | 1/7/2020 | 5819 | 1 |
| 22469 2505876, 4.86%, 7/2/2021<sup>(e)</sup> | 1/7/2020 | 22460 |  |
| 1925 2509629, 4.60%, 7/3/2021<sup>(e)</sup> | 1/8/2020 | 1924 |  |
| 51377 2509852, 5.22%, 7/3/2021<sup>(e)</sup> | 1/8/2020 | 51345 | 1 |
| 2976 2516501, 4.68%, 7/7/2021<sup>(e)</sup> | 1/10/2020 | 2976 |  |
| 1888 2517705, 4.52%, 7/7/2021<sup>(e)</sup> | 1/10/2020 | 1887 |  |
| 407 2517800, 3.29%, 7/7/2021<sup>(e)</sup> | 1/10/2020 | 406 |  |
| 2844 2518902, 3.76%, 7/7/2021<sup>(e)</sup> | 1/10/2020 | 2843 |  |
| 1654 2519841, 5.21%, 7/8/2021<sup>(e)</sup> | 1/13/2020 | 1651 |  |
| 1257 2524988, 5.54%, 7/9/2021<sup>(e)</sup> | 1/14/2020 | 1256 |  |
| 328 2533327, 4.68%, 7/13/2021<sup>(e)</sup> | 1/16/2020 | 327 |  |
| 13659 2534360, 4.38%, 7/13/2021<sup>(e)</sup> | 1/16/2020 | 13656 |  |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 47

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 591 2538592, 4.61%, 7/15/2021<sup>(e)</sup> | 1/21/2020 | 590 |  |
| 1815 2542908, 5.23%, 7/16/2021<sup>(e)</sup> | 1/22/2020 | 1814 |  |
| 9369 2544198, 5.38%, 7/16/2021<sup>(e)</sup> | 1/22/2020 | 9365 |  |
| 2902 2549195, 4.86%, 7/18/2021<sup>(e)</sup> | 1/24/2020 | 2898 |  |
| 2460 2549612, 5.23%, 7/18/2021<sup>(e)</sup> | 1/24/2020 | 2460 |  |
| 651 2549989, 5.38%, 7/19/2021<sup>(e)</sup> | 1/24/2020 | 650 |  |
| 8232 2552764, 5.35%, 7/21/2021<sup>(e)</sup> | 1/24/2020 | 8229 |  |
| 14604 2555589, 5.20%, 7/22/2021<sup>(e)</sup> | 1/27/2020 | 14591 |  |
| 5397 2556493, 5.20%, 7/22/2021<sup>(e)</sup> | 1/27/2020 | 5380 |  |
| 1226 2561360, 5.21%, 7/23/2021<sup>(e)</sup> | 1/28/2020 | 1225 |  |
| 19513 2561505, 5.37%, 7/23/2021<sup>(e)</sup> | 1/28/2020 | 19503 |  |
| 411 2563380, 5.68%, 7/24/2021<sup>(e)</sup> | 1/29/2020 | 411 |  |
| 3668 2565829, 5.22%, 7/24/2021<sup>(e)</sup> | 1/29/2020 | 3666 |  |
| 1480 2566592, 4.85%, 7/25/2021<sup>(e)</sup> | 1/30/2020 | 1478 |  |
| 3890 2568327, 5.20%, 7/27/2021<sup>(e)</sup> | 1/30/2020 | 3888 |  |
| 8063 2575090, 5.51%, 7/29/2021<sup>(e)</sup> | 2/3/2020 | 8041 |  |
| 7435 2582185, 5.22%, 7/30/2021<sup>(e)</sup> | 2/4/2020 | 7431 |  |
| 882 2583437, 3.96%, 7/31/2021<sup>(e)</sup> | 2/5/2020 | 882 |  |
| 1922 2586712, 5.53%, 8/1/2021<sup>(e)</sup> | 2/6/2020 | 1921 |  |
| 276 2593131, 5.21%, 8/4/2021<sup>(e)</sup> | 2/7/2020 | 275 |  |
| 2259 2595334, 5.21%, 8/4/2021<sup>(e)</sup> | 2/7/2020 | 2258 |  |
| 825 2600856, 5.68%, 8/6/2021<sup>(e)</sup> | 2/11/2020 | 824 |  |
| 455 2604685, 5.22%, 8/7/2021<sup>(e)</sup> | 2/12/2020 | 454 |  |
| 7114 2608635, 3.96%, 8/9/2021<sup>(e)</sup> | 2/13/2020 | 7086 |  |
| 4934 2617161, 4.99%, 8/12/2021<sup>(e)</sup> | 2/18/2020 | 4911 |  |
| 3579 2617448, 5.36%, 8/12/2021<sup>(e)</sup> | 2/18/2020 | 3577 |  |
| 4428 2626721, 5.23%, 8/14/2021<sup>(e)</sup> | 2/20/2020 | 4426 |  |
| 3357 2629656, 5.21%, 8/16/2021<sup>(e)</sup> | 2/21/2020 | 3353 |  |
| 752 2630040, 5.52%, 8/17/2021<sup>(e)</sup> | 2/21/2020 | 747 |  |
| 5664 2630305, 3.29%, 8/17/2021<sup>(e)</sup> | 2/21/2020 | 5660 |  |
| 1935 2631107, 3.76%, 8/17/2021<sup>(e)</sup> | 2/21/2020 | 1934 |  |
| 1527 2633224, 5.51%, 8/18/2021<sup>(e)</sup> | 2/21/2020 | 1527 |  |
| 231 2633353, 3.34%, 8/18/2021<sup>(e)</sup> | 2/21/2020 | 231 |  |
| 627 2634579, 3.29%, 8/18/2021<sup>(e)</sup> | 2/21/2020 | 627 |  |
| 4033 2635856, 5.20%, 8/19/2021<sup>(e)</sup> | 2/24/2020 | 4029 |  |
| 2390 2636976, 5.66%, 8/19/2021<sup>(e)</sup> | 2/24/2020 | 2389 |  |
| 11163 2640075, 5.53%, 8/20/2021<sup>(e)</sup> | 2/25/2020 | 11157 |  |
| 5657 2641259, 5.37%, 8/20/2021<sup>(e)</sup> | 2/25/2020 | 5645 | 1 |
| 738 2645266, 5.38%, 8/21/2021<sup>(e)</sup> | 2/26/2020 | 736 |  |
| 1521 2647427, 5.22%, 8/22/2021<sup>(e)</sup> | 2/27/2020 | 1520 |  |
| 1096 2647867, 4.61%, 8/22/2021<sup>(e)</sup> | 2/27/2020 | 1095 |  |
| 2664 2650865, 3.95%, 8/25/2021<sup>(e)</sup> | 2/28/2020 | 2661 |  |
| 2899 2650934, 5.20%, 8/25/2021<sup>(e)</sup> | 2/28/2020 | 2898 |  |
| 3492 2654975, 5.20%, 8/25/2021<sup>(e)</sup> | 2/28/2020 | 3490 |  |
| 3716 2658727, 5.36%, 8/26/2021<sup>(e)</sup> | 3/2/2020 | 3712 |  |
| 1284 2676632, 5.18%, 9/3/2021<sup>(e)</sup> | 3/6/2020 | 1284 |  |

---

*See Notes to Financial Statements.*

48 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1506 2679091, 5.64%, 9/4/2021<sup>(e)</sup> | 3/9/2020 | 1504 |  |
| 9495 2686204, 5.20%, 9/5/2021<sup>(e)</sup> | 3/10/2020 | 9490 | 1 |
| 19907 2691293, 5.04%, 9/6/2021<sup>(e)</sup> | 3/11/2020 | 19899 | 1 |
| 25627 2695602, 4.51%, 9/9/2021<sup>(e)</sup> | 3/12/2020 | 25619 |  |
| 2628 2696320, 5.17%, 9/9/2021<sup>(e)</sup> | 3/12/2020 | 2627 |  |
| 907 2699394, 5.64%, 9/10/2021<sup>(e)</sup> | 3/13/2020 | 903 |  |
| 5219 2703262, 4.51%, 9/11/2021<sup>(e)</sup> | 3/16/2020 | 5215 |  |
| 1928 2703986, 3.28%, 9/11/2021<sup>(e)</sup> | 3/16/2020 | 1927 |  |
| 2007 2705658, 3.74%, 9/11/2021<sup>(e)</sup> | 3/16/2020 | 2005 |  |
| 2157 3121700, 3.38%, 2/4/2022<sup>(e)</sup> | 8/7/2020 | 2155 |  |
| 5202 3124653, 6.09%, 2/8/2022<sup>(e)</sup> | 8/13/2020 | 5199 |  |
| 1727 3135931, 3.37%, 2/19/2022<sup>(e)</sup> | 8/24/2020 | 1725 |  |
| 705 3143453, 6.69%, 2/21/2022<sup>(e)</sup> | 8/26/2020 | 700 |  |
| 4591 3145811, 5.29%, 2/22/2022<sup>(e)</sup> | 8/27/2020 | 4588 |  |
| 801 3152219, 4.02%, 2/25/2022<sup>(e)</sup> | 8/28/2020 | 800 |  |
| 3417 3153456, 3.38%, 2/26/2022<sup>(e)</sup> | 8/31/2020 | 3410 |  |
| 5051 3153489, 6.38%, 2/26/2022<sup>(e)</sup> | 8/31/2020 | 5045 |  |
| 158 3167289, 3.40%, 3/3/2022<sup>(e)</sup> | 9/9/2020 | 157 |  |
| 307 3176428, 4.80%, 3/9/2022<sup>(e)</sup> | 9/14/2020 | 306 |  |
| 644 3182781, 5.32%, 3/10/2022<sup>(e)</sup> | 9/15/2020 | 643 |  |
| 1678 3184063, 4.70%, 3/10/2022<sup>(e)</sup> | 9/15/2020 | 1677 |  |
| 4077 3192537, 6.44%, 3/11/2022<sup>(e)</sup> | 9/16/2020 | 4068 |  |
| 122 3204855, 4.03%, 3/16/2022<sup>(e)</sup> | 9/21/2020 | 118 |  |
| 887 3205439, 6.71%, 3/16/2022<sup>(e)</sup> | 9/21/2020 | 882 |  |
| 385 3212891, 6.44%, 3/19/2022<sup>(e)</sup> | 9/24/2020 | 380 |  |
| 1415 3213460, 3.40%, 3/20/2022<sup>(e)</sup> | 9/24/2020 | 1415 |  |
| 670 3216331, 6.07%, 3/21/2022<sup>(e)</sup> | 9/24/2020 | 670 |  |
| 668 3230210, 3.40%, 3/24/2022<sup>(e)</sup> | 9/29/2020 | 668 |  |
| 897 3233633, 5.44%, 3/26/2022<sup>(e)</sup> | 10/1/2020 | 894 |  |
| 546 3236737, 3.41%, 3/28/2022<sup>(e)</sup> | 10/1/2020 | 545 |  |
| 351 3238295, 4.76%, 3/28/2022<sup>(e)</sup> | 10/1/2020 | 350 |  |
| 4441 3241924, 6.41%, 3/30/2022<sup>(e)</sup> | 10/5/2020 | 4422 |  |
| 181 3246786, 7.87%, 4/2/2022<sup>(e)</sup> | 10/7/2020 | 181 |  |
| 3731 3261505, 4.03%, 4/12/2022<sup>(e)</sup> | 10/16/2020 | 3729 |  |
| 327 3289596, 3.38%, 4/20/2022<sup>(e)</sup> | 10/23/2020 | 326 |  |
| 821 3300772, 4.75%, 4/26/2022<sup>(e)</sup> | 10/29/2020 | 820 |  |
| 768 3311663, 5.74%, 4/30/2022<sup>(e)</sup> | 11/4/2020 | 765 |  |
| 1543 3313180, 6.00%, 5/2/2022<sup>(e)</sup> | 11/5/2020 | 1540 |  |
| 7266 3316174, 3.36%, 5/3/2022<sup>(e)</sup> | 11/6/2020 | 7262 |  |
| 5076 3322032, 2.73%, 5/5/2022<sup>(e)</sup> | 11/10/2020 | 5071 | 1 |
| 1532 3325092, 2.74%, 5/6/2022<sup>(e)</sup> | 11/12/2020 | 1532 |  |
| 740 3326688, 2.72%, 5/8/2022<sup>(e)</sup> | 11/13/2020 | 740 |  |
| 1060 3327782, 5.36%, 5/9/2022<sup>(e)</sup> | 11/13/2020 | 1059 |  |
| 2657 3328038, 5.44%, 5/9/2022<sup>(e)</sup> | 11/13/2020 | 2656 |  |
| 2830 3328843, 2.74%, 5/9/2022<sup>(e)</sup> | 11/13/2020 | 2828 |  |
| 497 3329873, 6.02%, 5/10/2022<sup>(e)</sup> | 11/16/2020 | 493 |  |
| 523 3333745, 2.74%, 5/11/2022<sup>(e)</sup> | 11/17/2020 | 523 |  |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 49

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 537 3333993, 4.10%, 5/11/2022<sup>(e)</sup> | 11/17/2020 | 536 |  |
| 516 3351623, 2.71%, 5/18/2022<sup>(e)</sup> | 11/23/2020 | 516 |  |
| 3788 3382909, 5.77%, 5/25/2022<sup>(e)</sup> | 12/1/2020 | 3780 |  |
| 935 3389928, 5.37%, 5/28/2022<sup>(e)</sup> | 12/3/2020 | 933 |  |
| 320 3409472, 6.01%, 6/3/2022<sup>(e)</sup> | 12/8/2020 | 320 |  |
| 385 3410045, 5.45%, 6/4/2022<sup>(e)</sup> | 12/9/2020 | 385 |  |
| 5891 3431112, 4.00%, 6/12/2022<sup>(e)</sup> | 12/17/2020 | 5848 |  |
| 655 3431910, 3.35%, 6/14/2022<sup>(e)</sup> | 12/17/2020 | 654 |  |
| 108 3433072, 4.64%, 6/14/2022<sup>(e)</sup> | 12/17/2020 | 108 |  |
| 1086 3443229, 3.35%, 6/17/2022<sup>(e)</sup> | 12/22/2020 | 1086 |  |
| 225 3464887, 4.09%, 6/23/2022<sup>(e)</sup> | 12/29/2020 | 224 |  |
| 1595 3469785, 7.14%, 6/24/2022<sup>(e)</sup> | 12/30/2020 | 1593 |  |
| 3644 3472830, 5.36%, 6/27/2022<sup>(e)</sup> | 12/31/2020 | 3628 |  |
| 2429 3476208, 7.10%, 6/28/2022<sup>(e)</sup> | 12/31/2020 | 2426 |  |
| 511 3487387, 6.02%, 6/30/2022<sup>(e)</sup> | 1/5/2021 | 510 |  |
| 1622 3493566, 7.15%, 6/30/2022<sup>(e)</sup> | 1/6/2021 | 1620 |  |
| 106 3515495, 5.37%, 7/7/2022<sup>(e)</sup> | 1/12/2021 | 105 |  |
| 4107 3520760, 4.01%, 7/8/2022<sup>(e)</sup> | 1/13/2021 | 4102 |  |
| 1768 3559058, 5.74%, 7/18/2022<sup>(e)</sup> | 1/22/2021 | 1757 |  |
| 2916 3561368, 3.99%, 7/19/2022<sup>(e)</sup> | 1/22/2021 | 2914 |  |
| 2331 3576606, 4.02%, 7/22/2022<sup>(e)</sup> | 1/27/2021 | 2327 |  |
| 3956 3578518, 4.01%, 7/22/2022<sup>(e)</sup> | 1/27/2021 | 3941 |  |
| 26929 3607558, 5.07%, 7/28/2022<sup>(e)</sup> | 2/2/2021 | 26910 | 1 |
| 3676 3608402, 6.44%, 7/29/2022<sup>(e)</sup> | 2/3/2021 | 3661 |  |
| 792 3616313, 3.34%, 8/1/2022<sup>(e)</sup> | 2/4/2021 | 791 |  |
| 329 3619481, 3.32%, 8/2/2022<sup>(e)</sup> | 2/5/2021 | 328 |  |
| 3501 3621175, 3.32%, 8/3/2022<sup>(e)</sup> | 2/8/2021 | 3499 |  |
| 2377 3627528, 5.07%, 8/4/2022<sup>(e)</sup> | 2/9/2021 | 2374 |  |
| 3788 3633717, 5.05%, 8/8/2022<sup>(e)</sup> | 2/11/2021 | 3786 |  |
| 1522 3651032, 3.34%, 8/16/2022<sup>(e)</sup> | 2/19/2021 | 1520 |  |
| 3168 3651106, 5.06%, 8/16/2022<sup>(e)</sup> | 2/19/2021 | 3167 |  |
| 3192 3685877, 3.34%, 8/19/2022<sup>(e)</sup> | 2/24/2021 | 3190 |  |
| 442 3805509, 5.04%, 9/4/2022<sup>(e)</sup> | 3/9/2021 | 441 |  |
| 4087 3814561, 3.94%, 9/5/2022<sup>(e)</sup> | 3/10/2021 | 4084 |  |
| 2885 3828194, 4.71%, 9/9/2022<sup>(e)</sup> | 3/12/2021 | 2883 |  |
| 2087 3843127, 3.32%, 9/11/2022<sup>(e)</sup> | 3/16/2021 | 2085 |  |
| 11467 3859051, 4.71%, 9/15/2022<sup>(e)</sup> | 3/18/2021 | 11462 |  |
| 4495 3880771, 3.95%, 9/19/2022<sup>(e)</sup> | 3/24/2021 | 4493 |  |
| 221 3887435, 3.32%, 9/22/2022<sup>(e)</sup> | 3/25/2021 | 220 |  |
| 604 3929453, 3.33%, 9/27/2022<sup>(e)</sup> | 4/1/2021 | 602 |  |
| 1302 3930006, 3.32%, 9/27/2022<sup>(e)</sup> | 4/1/2021 | 1297 |  |
| 1401 3931195, 6.39%, 9/28/2022<sup>(e)</sup> | 4/1/2021 | 1392 |  |
| 948 3931799, 3.32%, 9/28/2022<sup>(e)</sup> | 4/1/2021 | 947 |  |
| 175 3963250, 3.38%, 10/1/2022<sup>(e)</sup> | 4/6/2021 | 175 |  |
| 3627 3964425, 3.96%, 10/1/2022<sup>(e)</sup> | 4/6/2021 | 3623 |  |
| 6771 3983092, 5.29%, 10/5/2022<sup>(e)</sup> | 4/8/2021 | 6763 |  |

---

*See Notes to Financial Statements.*

50 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4754 3989505, 3.32%, 10/6/2022<sup>(e)</sup> | 4/9/2021 | 4753 |  |
| 831 3990101, 3.31%, 10/6/2022<sup>(e)</sup> | 4/9/2021 | 830 |  |
| 1458 4019768, 6.41%, 10/10/2022<sup>(e)</sup> | 4/15/2021 | 1455 |  |
| 438 4020491, 4.74%, 10/10/2022<sup>(e)</sup> | 4/15/2021 | 435 |  |
| 2992 4029737, 4.73%, 10/13/2022<sup>(e)</sup> | 4/16/2021 | 2992 |  |
| 197 4039135, 3.33%, 10/15/2022<sup>(e)</sup> | 4/20/2021 | 196 |  |
| 1544 4041337, 3.33%, 10/15/2022<sup>(e)</sup> | 4/20/2021 | 1543 |  |
| 8748 4080831, 6.10%, 10/24/2022<sup>(e)</sup> | 4/29/2021 | 8742 |  |
| 618 4082046, 3.32%, 10/25/2022<sup>(e)</sup> | 4/29/2021 | 617 |  |
| 14346 4085716, 3.32%, 10/26/2022<sup>(e)</sup> | 4/29/2021 | 14339 |  |
| 450 4087275, 3.33%, 10/26/2022<sup>(e)</sup> | 4/29/2021 | 449 |  |
| 593 4096539, 6.39%, 10/28/2022<sup>(e)</sup> | 5/3/2021 | 583 | 1 |
| 4154 4124208, 5.02%, 11/4/2022<sup>(e)</sup> | 5/7/2021 | 4146 |  |
| 697 4159096, 3.94%, 11/13/2022<sup>(e)</sup> | 5/18/2021 | 697 |  |
| 1258 4164387, 4.73%, 11/14/2022<sup>(e)</sup> | 5/19/2021 | 1255 |  |
| 3861 4165199, 5.04%, 11/15/2022<sup>(e)</sup> | 5/20/2021 | 3851 |  |
| 732 4173433, 4.72%, 11/18/2022<sup>(e)</sup> | 5/21/2021 | 730 |  |
| 1510 4200156, 3.31%, 11/23/2022<sup>(e)</sup> | 5/27/2021 | 1509 |  |
| 1388 4204381, 3.30%, 11/24/2022<sup>(e)</sup> | 5/27/2021 | 1387 |  |
| 617 4235837, 3.32%, 11/29/2022<sup>(e)</sup> | 6/4/2021 | 613 |  |
| 667 4236133, 3.30%, 11/29/2022<sup>(e)</sup> | 6/4/2021 | 667 |  |
| 820 4243683, 5.05%, 12/2/2022<sup>(e)</sup> | 6/7/2021 | 819 |  |
| 3663 4271840, 3.33%, 12/4/2022<sup>(e)</sup> | 6/9/2021 | 3661 |  |
| 3939 4274232, 3.32%, 12/7/2022<sup>(e)</sup> | 6/10/2021 | 3937 |  |
| 2029 4274780, 4.72%, 12/7/2022<sup>(e)</sup> | 6/10/2021 | 2028 |  |
| 10078 4287409, 3.32%, 12/8/2022<sup>(e)</sup> | 6/11/2021 | 10074 |  |
| 260 4294567, 3.33%, 12/9/2022<sup>(e)</sup> | 6/14/2021 | 257 |  |
| 9378 4316101, 5.05%, 12/11/2022<sup>(e)</sup> | 6/16/2021 | 9375 |  |
| 5748 4320456, 5.03%, 12/14/2022<sup>(e)</sup> | 6/17/2021 | 5737 |  |
| 584 4329685, 5.05%, 12/16/2022<sup>(e)</sup> | 6/21/2021 | 583 |  |
| 531 4336702, 3.31%, 12/17/2022<sup>(e)</sup> | 6/22/2021 | 531 |  |
| 523 4345297, 3.33%, 12/21/2022<sup>(e)</sup> | 6/24/2021 | 521 |  |
| 584 4371086, 3.33%, 12/25/2022<sup>(e)</sup> | 6/30/2021 | 582 |  |
| 16804 4371251, 5.05%, 12/25/2022<sup>(e)</sup> | 6/30/2021 | 16796 |  |
| 12511 4372245, 3.33%, 12/25/2022<sup>(e)</sup> | 6/30/2021 | 12505 |  |
| 2699 4373562, 3.32%, 12/27/2022<sup>(e)</sup> | 7/1/2021 | 2698 |  |
| 3468 4382622, 2.99%, 12/30/2022<sup>(e)</sup> | 7/6/2021 | 3464 |  |
| 2244 4382706, 2.99%, 12/30/2022<sup>(e)</sup> | 7/6/2021 | 2238 |  |
| 23924 4387865, 4.40%, 1/1/2023<sup>(e)</sup> | 7/7/2021 | 23915 |  |
| 3721 4395033, 2.99%, 1/7/2023<sup>(e)</sup> | 7/12/2021 | 3718 |  |
| 2394 4396682, 4.69%, 1/7/2023<sup>(e)</sup> | 7/12/2021 | 2390 |  |
| 3235 4399696, 3.62%, 1/8/2023<sup>(e)</sup> | 7/13/2021 | 3234 |  |
| 11739 4411070, 4.71%, 1/15/2023<sup>(e)</sup> | 7/20/2021 | 11736 |  |
| 1208 4416194, 4.72%, 1/16/2023<sup>(e)</sup> | 7/21/2021 | 1208 |  |
| 1202 4422714, 4.69%, 1/20/2023<sup>(e)</sup> | 7/23/2021 | 1200 |  |
| 3795 4425529, 2.98%, 1/20/2023<sup>(e)</sup> | 7/23/2021 | 3792 |  |
| 27917 4428237, 2.98%, 1/21/2023<sup>(e)</sup> | 7/26/2021 | 27898 | 1 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 51

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4979 4429575, 2.99%, 1/22/2023<sup>(e)</sup> | 7/27/2021 | 4974 |  |
| 573 4430929, 4.72%, 1/22/2023<sup>(e)</sup> | 7/27/2021 | 572 |  |
| 1745 4431098, 4.71%, 1/22/2023<sup>(e)</sup> | 7/27/2021 | 1744 |  |
| 566 4433082, 2.99%, 1/23/2023<sup>(e)</sup> | 7/28/2021 | 563 |  |
| 14545 4435754, 4.69%, 1/26/2023<sup>(e)</sup> | 7/29/2021 | 14506 | 2 |
| 20399 4442923, 4.71%, 1/29/2023<sup>(e)</sup> | 8/3/2021 | 20390 | 1 |
| 1000 4447939, 4.71%, 1/31/2023<sup>(e)</sup> | 8/5/2021 | 997 |  |
| 761 4448399, 2.96%, 2/1/2023<sup>(e)</sup> | 8/5/2021 | 761 |  |
| 3539 4460031, 3.00%, 2/6/2023<sup>(e)</sup> | 8/11/2021 | 3538 |  |
| 4077 4464647, 2.98%, 2/10/2023<sup>(e)</sup> | 8/13/2021 | 4074 |  |
| 3150 4465640, 4.69%, 2/10/2023<sup>(e)</sup> | 8/13/2021 | 3149 |  |
| 1939 4469976, 3.61%, 2/12/2023<sup>(e)</sup> | 8/17/2021 | 1937 |  |
| 1745 4473775, 4.40%, 2/15/2023<sup>(e)</sup> | 8/19/2021 | 1744 |  |
| 3340 4473899, 4.70%, 2/15/2023<sup>(e)</sup> | 8/19/2021 | 3338 |  |
| 19212 4475502, 2.98%, 2/16/2023<sup>(e)</sup> | 8/19/2021 | 19199 |  |
| 7168 4479635, 3.60%, 2/18/2023<sup>(e)</sup> | 8/23/2021 | 7161 |  |
| 1291 4483137, 2.99%, 2/19/2023<sup>(e)</sup> | 8/24/2021 | 1289 |  |
| 903 4485829, 3.00%, 2/21/2023<sup>(e)</sup> | 8/26/2021 | 902 |  |
| 1035 4485983, 4.73%, 2/21/2023<sup>(e)</sup> | 8/26/2021 | 1035 |  |
| 7685 4486575, 4.39%, 2/22/2023<sup>(e)</sup> | 8/26/2021 | 7682 |  |
| 246 4494238, 3.01%, 2/26/2023<sup>(e)</sup> | 8/31/2021 | 245 |  |
| 3741 4498324, 2.99%, 2/27/2023<sup>(e)</sup> | 9/1/2021 | 3740 |  |
| 8129 4510260, 4.10%, 3/2/2023<sup>(e)</sup> | 9/8/2021 | 8125 | 1 |
| 11547 4514759, 4.08%, 3/6/2023<sup>(e)</sup> | 9/10/2021 | 11537 |  |
| 735 4514891, 2.68%, 3/6/2023<sup>(e)</sup> | 9/10/2021 | 735 |  |
| 7382 4520357, 4.39%, 3/8/2023<sup>(e)</sup> | 9/13/2021 | 7376 |  |
| 7835 4520825, 4.39%, 3/8/2023<sup>(e)</sup> | 9/13/2021 | 7830 |  |
| 2626 4521045, 2.67%, 3/8/2023<sup>(e)</sup> | 9/13/2021 | 2623 |  |
| 5375 4525465, 2.68%, 3/10/2023<sup>(e)</sup> | 9/15/2021 | 5369 | 1 |
| 1977 4527840, 2.68%, 3/12/2023<sup>(e)</sup> | 9/16/2021 | 1974 |  |
| 649 4535109, 4.39%, 3/15/2023<sup>(e)</sup> | 9/20/2021 | 647 |  |
| 560 4535163, 3.28%, 3/15/2023<sup>(e)</sup> | 9/20/2021 | 560 |  |
| 337 4548886, 4.57%, 3/21/2023<sup>(e)</sup> | 9/24/2021 | 336 |  |
| 146 4558181, 3.93%, 3/23/2023<sup>(e)</sup> | 9/28/2021 | 146 |  |
| 9772 4563042, 4.54%, 3/27/2023<sup>(e)</sup> | 9/30/2021 | 9752 | 1 |
| 722 4571736, 4.68%, 3/29/2023<sup>(e)</sup> | 10/4/2021 | 721 |  |
| 1419 4574138, 4.71%, 3/30/2023<sup>(e)</sup> | 10/5/2021 | 1418 |  |
| 5249 4575114, 4.40%, 3/30/2023<sup>(e)</sup> | 10/5/2021 | 5246 |  |
| 49887 4577591, 4.56%, 3/30/2023<sup>(e)</sup> | 10/5/2021 | 49875 | 1 |
| 6273 4580108, 4.55%, 4/1/2023<sup>(e)</sup> | 10/6/2021 | 6271 |  |
| 5277 4582513, 3.92%, 4/4/2023<sup>(e)</sup> | 10/7/2021 | 5275 |  |
| 4759 4582667, 4.53%, 4/4/2023<sup>(e)</sup> | 10/7/2021 | 4750 | 1 |
| 2544 4583865, 3.30%, 4/4/2023<sup>(e)</sup> | 10/7/2021 | 2541 |  |
| 3304 4586870, 4.53%, 4/5/2023<sup>(e)</sup> | 10/8/2021 | 3297 |  |
| 2835 4589130, 4.54%, 4/5/2023<sup>(e)</sup> | 10/8/2021 | 2833 |  |
| 1429 4600405, 4.55%, 4/7/2023<sup>(e)</sup> | 10/13/2021 | 1428 |  |

---

*See Notes to Financial Statements.*

52 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2485 4600490, 4.40%, 4/7/2023<sup>(e)</sup> | 10/13/2021 | 2483 |  |
| 2458 4601150, 5.02%, 4/7/2023<sup>(e)</sup> | 10/13/2021 | 2457 |  |
| 3824 4602094, 3.31%, 4/8/2023<sup>(e)</sup> | 10/14/2021 | 3822 |  |
| 3502 4603334, 4.87%, 4/8/2023<sup>(e)</sup> | 10/14/2021 | 3499 |  |
| 10475 4605204, 4.70%, 4/10/2023<sup>(e)</sup> | 10/15/2021 | 10468 |  |
| 353 4606327, 3.93%, 4/11/2023<sup>(e)</sup> | 10/15/2021 | 351 |  |
| 1588 4606345, 4.54%, 4/11/2023<sup>(e)</sup> | 10/15/2021 | 1586 |  |
| 2315 4606540, 4.54%, 4/11/2023<sup>(e)</sup> | 10/15/2021 | 2313 |  |
| 8411 4618601, 4.39%, 4/14/2023<sup>(e)</sup> | 10/19/2021 | 8407 | 1 |
| 4240 4624323, 3.77%, 4/16/2023<sup>(e)</sup> | 10/21/2021 | 4239 |  |
| 122 4627413, 3.31%, 4/18/2023<sup>(e)</sup> | 10/21/2021 | 121 |  |
| 4086 4627739, 3.29%, 4/18/2023<sup>(e)</sup> | 10/21/2021 | 4083 |  |
| 8974 4629123, 4.68%, 4/19/2023<sup>(e)</sup> | 10/22/2021 | 8970 |  |
| 12436 4632759, 4.84%, 4/20/2023<sup>(e)</sup> | 10/25/2021 | 12426 |  |
| 5369 4638628, 3.30%, 4/22/2023<sup>(e)</sup> | 10/27/2021 | 5363 |  |
| 71042 4638986, 4.55%, 4/22/2023<sup>(e)</sup> | 10/27/2021 | 71008 | 1 |
| 34 4640484, 4.56%, 4/24/2023<sup>(e)</sup> | 10/28/2021 | 34 |  |
| 8551 4641504, 3.76%, 4/25/2023<sup>(e)</sup> | 10/28/2021 | 8540 | 2 |
| 7671 4643125, 4.53%, 4/25/2023<sup>(e)</sup> | 10/28/2021 | 7667 |  |
| 578 4645142, 3.29%, 4/26/2023<sup>(e)</sup> | 10/29/2021 | 575 |  |
| 1198 4645678, 4.69%, 4/26/2023<sup>(e)</sup> | 10/29/2021 | 1196 |  |
| 5806 4645763, 4.53%, 4/26/2023<sup>(e)</sup> | 10/29/2021 | 5804 |  |
| 445 4646207, 4.53%, 4/26/2023<sup>(e)</sup> | 10/29/2021 | 443 |  |
| 167 4647783, 4.69%, 4/27/2023<sup>(e)</sup> | 11/1/2021 | 163 |  |
| 5627 4655254, 4.55%, 4/29/2023<sup>(e)</sup> | 11/3/2021 | 5624 |  |
| 1022 4656972, 5.01%, 4/30/2023<sup>(e)</sup> | 11/4/2021 | 1021 |  |
| 16540 4657253, 4.55%, 4/30/2023<sup>(e)</sup> | 11/4/2021 | 16518 |  |
| 1708 4658718, 3.76%, 5/1/2023<sup>(e)</sup> | 11/4/2021 | 1706 |  |
| 30600 4660373, 3.76%, 5/1/2023<sup>(e)</sup> | 11/4/2021 | 30590 |  |
| 1843 4670081, 3.31%, 5/4/2023<sup>(e)</sup> | 11/9/2021 | 1842 |  |
| 8844 4678789, 4.70%, 5/7/2023<sup>(e)</sup> | 11/12/2021 | 8839 |  |
| 2489 4684414, 4.55%, 5/8/2023<sup>(e)</sup> | 11/12/2021 | 2489 |  |
| 1051 4703919, 3.35%, 5/10/2023<sup>(e)</sup> | 11/16/2021 | 1051 |  |
| 2260 4714103, 4.56%, 5/13/2023<sup>(e)</sup> | 11/18/2021 | 2254 |  |
| 1277 4740894, 4.56%, 5/18/2023<sup>(e)</sup> | 11/23/2021 | 1275 |  |
| 1729 4742503, 4.56%, 5/18/2023<sup>(e)</sup> | 11/23/2021 | 1728 |  |
| 3964 4745371, 5.02%, 5/19/2023<sup>(e)</sup> | 11/24/2021 | 3962 |  |
| 3640 4752752, 4.85%, 5/22/2023<sup>(e)</sup> | 11/26/2021 | 3634 |  |
| 426 4756377, 4.57%, 5/22/2023<sup>(e)</sup> | 11/26/2021 | 425 |  |
| 791 4764203, 4.57%, 5/23/2023<sup>(e)</sup> | 11/29/2021 | 790 |  |
| 538 4766090, 5.01%, 5/23/2023<sup>(e)</sup> | 11/29/2021 | 529 |  |
| 8346 4779561, 4.57%, 5/25/2023<sup>(e)</sup> | 12/1/2021 | 8342 |  |
| 800 4792097, 5.00%, 5/29/2023<sup>(e)</sup> | 12/2/2021 | 799 |  |
| 1057 4796597, 4.54%, 6/1/2023<sup>(e)</sup> | 12/6/2021 | 1054 |  |
| 1163 4800487, 4.38%, 6/1/2023<sup>(e)</sup> | 12/6/2021 | 1157 |  |
| 1729 4805367, 3.92%, 6/2/2023<sup>(e)</sup> | 12/7/2021 | 1727 |  |
| 1637 4805946, 4.39%, 6/2/2023<sup>(e)</sup> | 12/7/2021 | 1630 |  |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 53

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 342 4808680, 4.52%, 6/2/2023<sup>(e)</sup> | 12/7/2021 | 341 |  |
| 30623 4809027, 4.55%, 6/2/2023<sup>(e)</sup> | 12/7/2021 | 30610 | 1 |
| 3669 4812138, 4.55%, 6/3/2023<sup>(e)</sup> | 12/8/2021 | 3667 |  |
| 1293 4813753, 5.01%, 6/3/2023<sup>(e)</sup> | 12/8/2021 | 1292 |  |
| 3088 4814756, 4.39%, 6/4/2023<sup>(e)</sup> | 12/9/2021 | 3087 |  |
| 2377 4819127, 3.92%, 6/7/2023<sup>(e)</sup> | 12/10/2021 | 2373 |  |
| 10389 4819732, 4.38%, 6/7/2023<sup>(e)</sup> | 12/10/2021 | 10373 | 3 |
| 2964 4821328, 4.53%, 6/7/2023<sup>(e)</sup> | 12/10/2021 | 2962 |  |
| 592 4837114, 3.93%, 6/13/2023<sup>(e)</sup> | 12/16/2021 | 592 |  |
| 14458 4841801, 4.38%, 6/15/2023<sup>(e)</sup> | 12/20/2021 | 14390 | 2 |
| 12129 4865990, 3.58%, 6/20/2023<sup>(e)</sup> | 12/23/2021 | 12114 | 1 |
| 3473 4866090, 4.36%, 6/20/2023<sup>(e)</sup> | 12/23/2021 | 3471 |  |
| 5037 4866220, 4.53%, 6/20/2023<sup>(e)</sup> | 12/23/2021 | 5034 |  |
| 9012 4868529, 4.68%, 6/21/2023<sup>(e)</sup> | 12/27/2021 | 8984 | 1 |
| 695 4869572, 3.91%, 6/21/2023<sup>(e)</sup> | 12/27/2021 | 693 |  |
| 23120 4874520, 4.56%, 6/23/2023<sup>(e)</sup> | 12/29/2021 | 23111 |  |
| 1632 4876789, 4.87%, 6/24/2023<sup>(e)</sup> | 12/30/2021 | 1630 |  |
| 3506 4884896, 4.56%, 6/29/2023<sup>(e)</sup> | 1/4/2022 | 3505 |  |
| 2234 4888708, 3.93%, 6/30/2023<sup>(e)</sup> | 1/5/2022 | 2230 |  |
| 20585 4903528, 3.93%, 7/9/2023<sup>(e)</sup> | 1/13/2022 | 20572 | 1 |
| 5330 4905699, 4.54%, 7/10/2023<sup>(e)</sup> | 1/13/2022 | 5326 |  |
| 2902 4906990, 4.54%, 7/11/2023<sup>(e)</sup> | 1/14/2022 | 2900 |  |
| 2303 4914247, 4.72%, 7/13/2023<sup>(e)</sup> | 1/19/2022 | 2299 |  |
| 2919 4914326, 3.32%, 7/13/2023<sup>(e)</sup> | 1/19/2022 | 2907 |  |
| 1435 4916878, 4.88%, 7/14/2023<sup>(e)</sup> | 1/20/2022 | 1434 |  |
| 613 4924667, 4.57%, 7/17/2023<sup>(e)</sup> | 1/21/2022 | 612 |  |
| 11391 4927834, 4.54%, 7/19/2023<sup>(e)</sup> | 1/24/2022 | 11365 |  |
| 435 4928805, 4.85%, 7/19/2023<sup>(e)</sup> | 1/24/2022 | 434 |  |
| 5862 4932542, 3.21%, 7/20/2023<sup>(e)</sup> | 1/25/2022 | 5860 |  |
| 2832 4932903, 5.68%, 7/21/2023<sup>(e)</sup> | 1/26/2022 | 2831 |  |
| 1482 4935606, 4.87%, 7/23/2023<sup>(e)</sup> | 1/27/2022 | 1481 |  |
| 745 4937193, 2.78%, 7/24/2023<sup>(e)</sup> | 1/27/2022 | 745 |  |
| 15783 4939337, 4.38%, 7/25/2023<sup>(e)</sup> | 1/28/2022 | 15777 | 1 |
| 802 4941301, 4.54%, 7/25/2023<sup>(e)</sup> | 1/28/2022 | 800 |  |
| 14784 4942755, 4.21%, 7/26/2023<sup>(e)</sup> | 1/31/2022 | 14765 |  |
| 2487 4943538, 2.33%, 7/26/2023<sup>(e)</sup> | 1/31/2022 | 2482 |  |
| 788 4946203, 3.94%, 7/27/2023<sup>(e)</sup> | 2/1/2022 | 787 |  |
| 4135 4963528, 4.75%, 7/31/2023<sup>(e)</sup> | 2/3/2022 | 4133 |  |
| 963 4965411, 4.84%, 8/1/2023<sup>(e)</sup> | 2/4/2022 | 962 |  |
| 4634 4973481, 4.55%, 8/4/2023<sup>(e)</sup> | 2/9/2022 | 4633 |  |
| 1115 4974072, 4.55%, 8/4/2023<sup>(e)</sup> | 2/9/2022 | 1115 |  |
| 7067 4989563, 4.71%, 8/11/2023<sup>(e)</sup> | 2/16/2022 | 7063 |  |
| 669 4990332, 4.57%, 8/12/2023<sup>(e)</sup> | 2/17/2022 | 669 |  |
| 993 4990429, 3.78%, 8/12/2023<sup>(e)</sup> | 2/17/2022 | 993 |  |
| 1066 4991870, 4.69%, 8/14/2023<sup>(e)</sup> | 2/17/2022 | 1059 |  |
| 3373 4992366, 4.80%, 8/14/2023<sup>(e)</sup> | 2/17/2022 | 3359 |  |

---

*See Notes to Financial Statements.*

54 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 852 4993578, 4.70%, 8/14/2023<sup>(e)</sup> | 2/17/2022 | 851 |  |
| 30412 4994432, 4.85%, 8/14/2023<sup>(e)</sup> | 2/17/2022 | 30389 | 1 |
| 1593 5005690, 4.54%, 8/16/2023<sup>(e)</sup> | 2/22/2022 | 1570 | 1 |
| 1937 5030781, 3.92%, 8/22/2023<sup>(e)</sup> | 2/25/2022 | 1936 |  |
| 22889 5035392, 4.38%, 8/23/2023<sup>(e)</sup> | 2/28/2022 | 22858 | 1 |
| 3323 5038579, 6.10%, 8/24/2023<sup>(e)</sup> | 3/1/2022 | 3319 |  |
| 1370 5039033, 4.87%, 8/24/2023<sup>(e)</sup> | 3/1/2022 | 1369 |  |
| 15066 5040081, 4.56%, 8/24/2023<sup>(e)</sup> | 3/1/2022 | 15057 |  |
| 8128 5043126, 3.43%, 8/25/2023<sup>(e)</sup> | 3/2/2022 | 8125 |  |
| 5895 5048352, 3.28%, 9/1/2023<sup>(e)</sup> | 3/4/2022 | 5893 |  |
| 805 5050029, 3.97%, 9/1/2023<sup>(e)</sup> | 3/4/2022 | 804 |  |
| 1207 5051232, 4.48%, 9/2/2023<sup>(e)</sup> | 3/7/2022 | 1207 |  |
| 182 5051458, 4.97%, 9/2/2023<sup>(e)</sup> | 3/7/2022 | 181 |  |
| 1637 5060161, 3.29%, 9/4/2023<sup>(e)</sup> | 3/9/2022 | 1636 |  |
| 199 5060246, 3.96%, 9/4/2023<sup>(e)</sup> | 3/9/2022 | 199 |  |
| 7779 5061941, 4.53%, 9/5/2023<sup>(e)</sup> | 3/10/2022 | 7776 |  |
| 10839 5068819, 4.36%, 9/9/2023<sup>(e)</sup> | 3/14/2022 | 10830 | 1 |
| 738 5073170, 4.99%, 9/10/2023<sup>(e)</sup> | 3/15/2022 | 738 |  |
| 708 5075543, 3.99%, 9/10/2023<sup>(e)</sup> | 3/15/2022 | 707 |  |
| 45348 5075557, 4.38%, 9/10/2023<sup>(e)</sup> | 3/15/2022 | 45327 | 4 |
| 9333 5077258, 4.53%, 9/11/2023<sup>(e)</sup> | 3/16/2022 | 9328 |  |
| 1278 5083784, 4.52%, 9/15/2023<sup>(e)</sup> | 3/18/2022 | 1277 |  |
| 2171 5092643, 4.38%, 9/18/2023<sup>(e)</sup> | 3/23/2022 | 2170 |  |
| 3377 5094164, 4.99%, 9/19/2023<sup>(e)</sup> | 3/24/2022 | 3372 |  |
| 4070 5096477, 3.74%, 9/21/2023<sup>(e)</sup> | 3/24/2022 | 4069 |  |
| 2772 5099731, 3.27%, 9/22/2023<sup>(e)</sup> | 3/25/2022 | 2770 |  |
| 8861 5101587, 4.52%, 9/23/2023<sup>(e)</sup> | 3/28/2022 | 8857 |  |
| 604 5112364, 5.04%, 9/28/2023<sup>(e)</sup> | 3/31/2022 | 603 |  |
| 7545 5117050, 4.67%, 9/29/2023<sup>(e)</sup> | 4/1/2022 | 7525 |  |
| 8817 5119179, 4.67%, 9/30/2023<sup>(e)</sup> | 4/4/2022 | 8774 | 1 |
| 6017 5119307, 4.51%, 9/30/2023<sup>(e)</sup> | 4/4/2022 | 6009 |  |
| 2364 5127014, 4.80%, 10/1/2023<sup>(e)</sup> | 4/6/2022 | 2360 |  |
| 629 5129718, 3.30%, 10/4/2023<sup>(e)</sup> | 4/7/2022 | 623 |  |
| 19090 5135639, 4.68%, 10/5/2023<sup>(e)</sup> | 4/8/2022 | 19061 | 2 |
| 897 5136870, 4.69%, 10/6/2023<sup>(e)</sup> | 4/11/2022 | 894 |  |
| 4897 5143176, 4.38%, 10/7/2023<sup>(e)</sup> | 4/12/2022 | 4893 |  |
| 6249 5143604, 3.86%, 10/7/2023<sup>(e)</sup> | 4/12/2022 | 6248 |  |
| 5657 5144531, 4.54%, 10/7/2023<sup>(e)</sup> | 4/12/2022 | 5653 |  |
| 3044 5154378, 4.83%, 10/12/2023<sup>(e)</sup> | 4/15/2022 | 3040 |  |
| 2069 5164469, 4.54%, 10/14/2023<sup>(e)</sup> | 4/19/2022 | 2068 |  |
| 331 5168575, 4.53%, 10/15/2023<sup>(e)</sup> | 4/20/2022 | 330 |  |
| 4313 5179083, 4.68%, 10/18/2023<sup>(e)</sup> | 4/21/2022 | 4311 |  |
| 458 5180253, 4.37%, 10/19/2023<sup>(e)</sup> | 4/22/2022 | 457 |  |
| 1447 5187744, 4.83%, 10/20/2023<sup>(e)</sup> | 4/25/2022 | 1446 |  |
| 2570 5190525, 4.83%, 10/20/2023<sup>(e)</sup> | 4/25/2022 | 2566 |  |
| 445 5198160, 3.32%, 10/21/2023<sup>(e)</sup> | 4/26/2022 | 445 |  |
| 1021 5210902, 3.31%, 10/24/2023<sup>(e)</sup> | 4/28/2022 | 1020 |  |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 55

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 413 5210944, 4.54%, 10/24/2023<sup>(e)</sup> | 4/28/2022 | 412 |  |
| 401 5213898, 4.52%, 10/25/2023<sup>(e)</sup> | 4/28/2022 | 400 |  |
| 4582 5217923, 4.52%, 10/26/2023<sup>(e)</sup> | 4/29/2022 | 4575 |  |
| 4367 5242712, 4.67%, 11/2/2023<sup>(e)</sup> | 5/5/2022 | 4356 |  |
| 2364 5246445, 4.67%, 11/2/2023<sup>(e)</sup> | 5/5/2022 | 2362 |  |
| 1925 5272268, 4.52%, 11/6/2023<sup>(e)</sup> | 5/11/2022 | 1924 |  |
| 1064 5272982, 4.70%, 11/7/2023<sup>(e)</sup> | 5/12/2022 | 1064 |  |
| 131 5272997, 2.98%, 11/7/2023<sup>(e)</sup> | 5/12/2022 | 125 |  |
| 9924 5273207, 3.76%, 11/7/2023<sup>(e)</sup> | 5/12/2022 | 9914 |  |
| 415 5273883, 3.48%, 11/8/2023<sup>(e)</sup> | 5/12/2022 | 413 |  |
| 6672 5274829, 4.80%, 11/9/2023<sup>(e)</sup> | 5/12/2022 | 6636 |  |
| 1249 5277442, 5.09%, 11/9/2023<sup>(e)</sup> | 5/12/2022 | 1248 |  |
| 1220 5279817, 3.76%, 11/10/2023<sup>(e)</sup> | 5/13/2022 | 1216 |  |
| 406 5280774, 3.14%, 11/10/2023<sup>(e)</sup> | 5/13/2022 | 405 |  |
| 924 5287472, 4.53%, 11/12/2023<sup>(e)</sup> | 5/17/2022 | 923 |  |
| 10350 5290401, 4.84%, 11/13/2023<sup>(e)</sup> | 5/18/2022 | 10346 |  |
| 26090 5291456, 4.53%, 11/13/2023<sup>(e)</sup> | 5/18/2022 | 26078 |  |
| 1224 5294350, 4.52%, 11/15/2023<sup>(e)</sup> | 5/19/2022 | 1223 |  |
| 7886 5295470, 5.35%, 11/16/2023<sup>(e)</sup> | 5/19/2022 | 7882 |  |
| 4739 5297750, 4.17%, 11/16/2023<sup>(e)</sup> | 5/19/2022 | 4736 |  |
| 1748 5300076, 4.82%, 11/17/2023<sup>(e)</sup> | 5/20/2022 | 1747 |  |
| 1048 5302568, 4.11%, 11/17/2023<sup>(e)</sup> | 5/20/2022 | 1048 |  |
| 4335 5316916, 4.69%, 11/19/2023<sup>(e)</sup> | 5/24/2022 | 4331 |  |
| 8082 5323747, 2.19%, 11/20/2023<sup>(e)</sup> | 5/25/2022 | 8081 |  |
| 2013 5324636, 3.85%, 11/21/2023<sup>(e)</sup> | 5/26/2022 | 2012 |  |
| 1620 5325054, 4.00%, 11/22/2023<sup>(e)</sup> | 5/26/2022 | 1618 |  |
| 771 5325317, 3.75%, 11/22/2023<sup>(e)</sup> | 5/26/2022 | 771 |  |
| 3954 5327429, 4.51%, 11/23/2023<sup>(e)</sup> | 5/26/2022 | 3948 | 1 |
| 7257 5329294, 4.97%, 11/23/2023<sup>(e)</sup> | 5/26/2022 | 7253 |  |
| 1272 5329436, 3.26%, 11/23/2023<sup>(e)</sup> | 5/26/2022 | 1272 |  |
| 1423 5330208, 5.24%, 11/23/2023<sup>(e)</sup> | 5/26/2022 | 1422 |  |
| 231 5330242, 4.33%, 11/23/2023<sup>(e)</sup> | 5/26/2022 | 231 |  |
| 26925 5330579, 4.51%, 11/24/2023<sup>(e)</sup> | 5/27/2022 | 26904 | 2 |
| 1229 5335930, 3.60%, 11/25/2023<sup>(e)</sup> | 5/31/2022 | 1218 |  |
| 6002 5336264, 4.51%, 11/25/2023<sup>(e)</sup> | 5/31/2022 | 5964 | 1 |
| 913 5338230, 4.52%, 11/25/2023<sup>(e)</sup> | 5/31/2022 | 897 |  |
| 216 5361615, 3.31%, 11/26/2023<sup>(e)</sup> | 6/1/2022 | 216 |  |
| 435 5368749, 5.00%, 11/27/2023<sup>(e)</sup> | 6/2/2022 | 434 |  |
| 5125 5397713, 3.29%, 11/30/2023<sup>(e)</sup> | 6/3/2022 | 5123 |  |
| 343 5458240, 2.89%, 12/3/2023<sup>(e)</sup> | 6/8/2022 | 341 |  |
| 202 5465467, 2.86%, 12/3/2023<sup>(e)</sup> | 6/8/2022 | 200 |  |
| 1462 5466042, 5.00%, 12/3/2023<sup>(e)</sup> | 6/8/2022 | 1460 |  |
| 200 5466239, 6.02%, 12/3/2023<sup>(e)</sup> | 6/8/2022 | 200 |  |
| 1233 5468438, 4.54%, 12/3/2023<sup>(e)</sup> | 6/8/2022 | 1232 |  |
| 636 5502015, 4.68%, 12/7/2023<sup>(e)</sup> | 6/10/2022 | 636 |  |
| 16053 5502421, 3.46%, 12/7/2023<sup>(e)</sup> | 6/10/2022 | 16046 |  |

---

*See Notes to Financial Statements.*

56 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2543 5517785, 5.73%, 12/8/2023<sup>(e)</sup> | 6/13/2022 | 2524 |  |
| 12539 5531774, 4.94%, 12/9/2023<sup>(e)</sup> | 6/14/2022 | 12526 |  |
| 3067 5536052, 4.55%, 12/10/2023<sup>(e)</sup> | 6/15/2022 | 3065 |  |
| 451 5536095, 5.81%, 12/10/2023<sup>(e)</sup> | 6/15/2022 | 450 |  |
| 15830 5536520, 3.14%, 12/10/2023<sup>(e)</sup> | 6/15/2022 | 15822 | 1 |
| 2305 5544958, 4.68%, 12/13/2023<sup>(e)</sup> | 6/16/2022 | 2302 |  |
| 3733 5546836, 5.63%, 12/13/2023<sup>(e)</sup> | 6/16/2022 | 3730 |  |
| 909 5555931, 4.53%, 12/15/2023<sup>(e)</sup> | 6/21/2022 | 906 |  |
| 1670 5556465, 4.82%, 12/15/2023<sup>(e)</sup> | 6/21/2022 | 1670 |  |
| 514 5557202, 4.37%, 12/15/2023<sup>(e)</sup> | 6/21/2022 | 513 |  |
| 18089 5563709, 4.54%, 12/16/2023<sup>(e)</sup> | 6/21/2022 | 18082 | 1 |
| 595 5565232, 4.54%, 12/17/2023<sup>(e)</sup> | 6/22/2022 | 594 |  |
| 3223 5568022, 4.98%, 12/18/2023<sup>(e)</sup> | 6/23/2022 | 3219 |  |
| 1591 5569020, 4.52%, 12/19/2023<sup>(e)</sup> | 6/23/2022 | 1587 |  |
| 904 5569038, 4.38%, 12/19/2023<sup>(e)</sup> | 6/23/2022 | 903 |  |
| 1013 5572159, 4.83%, 12/20/2023<sup>(e)</sup> | 6/23/2022 | 1009 |  |
| 9878 5572356, 4.13%, 12/20/2023<sup>(e)</sup> | 6/23/2022 | 9872 |  |
| 2867 5575461, 4.53%, 12/21/2023<sup>(e)</sup> | 6/24/2022 | 2865 |  |
| 3148 5576170, 3.89%, 12/22/2023<sup>(e)</sup> | 6/27/2022 | 3139 |  |
| 878 5576648, 4.50%, 12/22/2023<sup>(e)</sup> | 6/27/2022 | 876 |  |
| 2880 5578605, 4.52%, 12/22/2023<sup>(e)</sup> | 6/27/2022 | 2845 |  |
| 4402 5585859, 3.76%, 12/24/2023<sup>(e)</sup> | 6/29/2022 | 4397 | 1 |
| 1304 5586357, 3.29%, 12/24/2023<sup>(e)</sup> | 6/29/2022 | 1303 |  |
| 509 5587315, 4.83%, 12/24/2023<sup>(e)</sup> | 6/29/2022 | 508 |  |
| 2815 5588022, 5.32%, 12/25/2023<sup>(e)</sup> | 6/30/2022 | 2814 |  |
| 1379 5588383, 3.44%, 12/25/2023<sup>(e)</sup> | 6/30/2022 | 1377 |  |
| 1114 5588511, 5.37%, 12/25/2023<sup>(e)</sup> | 6/30/2022 | 1112 |  |
| 1049 5593868, 4.53%, 12/28/2023<sup>(e)</sup> | 7/1/2022 | 1047 |  |
| 12464 5595067, 3.29%, 12/28/2023<sup>(e)</sup> | 7/1/2022 | 12452 |  |
| 7135 5597193, 4.48%, 12/29/2023<sup>(e)</sup> | 7/5/2022 | 7107 |  |
| 26017 5597841, 3.68%, 12/29/2023<sup>(e)</sup> | 7/5/2022 | 25996 | 1 |
| 632 5599345, 4.69%, 12/29/2023<sup>(e)</sup> | 7/5/2022 | 630 |  |
| 21651 5608462, 4.55%, 12/30/2023<sup>(e)</sup> | 7/6/2022 | 21631 | 1 |
| 19376 5612231, 4.55%, 12/30/2023<sup>(e)</sup> | 7/6/2022 | 19362 | 2 |
| 1162 5613778, 5.85%, 1/1/2024<sup>(e)</sup> | 7/7/2022 | 1162 |  |
| 1422 5616104, 2.32%, 1/1/2024<sup>(e)</sup> | 7/7/2022 | 1421 |  |
| 3110 5618250, 4.38%, 1/2/2024<sup>(e)</sup> | 7/8/2022 | 3109 |  |
| 1815 5619622, 3.92%, 1/4/2024<sup>(e)</sup> | 7/8/2022 | 1815 |  |
| 657 5620090, 4.19%, 1/4/2024<sup>(e)</sup> | 7/8/2022 | 657 |  |
| 3972 5622120, 4.51%, 1/5/2024<sup>(e)</sup> | 7/8/2022 | 3967 | 1 |
| 26603 5622306, 2.45%, 1/5/2024<sup>(e)</sup> | 7/8/2022 | 26594 | 2 |
| 175 5628718, 4.68%, 1/6/2024<sup>(e)</sup> | 7/11/2022 | 174 |  |
| 1582 5629915, 4.98%, 1/6/2024<sup>(e)</sup> | 7/11/2022 | 1573 |  |
| 4760 5642133, 3.29%, 1/7/2024<sup>(e)</sup> | 7/12/2022 | 4759 |  |
| 2061 5645729, 4.99%, 1/7/2024<sup>(e)</sup> | 7/12/2022 | 2060 |  |
| 1845 5646761, 4.53%, 1/7/2024<sup>(e)</sup> | 7/12/2022 | 1844 |  |
| 434 5647308, 4.68%, 1/7/2024<sup>(e)</sup> | 7/12/2022 | 432 |  |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 57

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 245 5654817, 3.93%, 1/8/2024<sup>(e)</sup> | 7/13/2022 | 245 |  |
| 5510 5655615, 6.01%, 1/9/2024<sup>(e)</sup> | 7/14/2022 | 5507 |  |
| 38920 5659237, 4.51%, 1/11/2024<sup>(e)</sup> | 7/14/2022 | 38891 | 2 |
| 362 5668339, 4.82%, 1/12/2024<sup>(e)</sup> | 7/15/2022 | 362 |  |
| 1681 5669302, 5.06%, 1/12/2024<sup>(e)</sup> | 7/15/2022 | 1680 |  |
| 11708 5672866, 4.11%, 1/13/2024<sup>(e)</sup> | 7/18/2022 | 11687 |  |
| 4004 5677096, 4.82%, 1/13/2024<sup>(e)</sup> | 7/18/2022 | 4001 |  |
| 233 5696397, 4.38%, 1/15/2024<sup>(e)</sup> | 7/20/2022 | 233 |  |
| 356 5702291, 3.76%, 1/15/2024<sup>(e)</sup> | 7/20/2022 | 355 |  |
| 1822 5720303, 4.51%, 1/20/2024<sup>(e)</sup> | 7/25/2022 | 1820 |  |
| 958 5721187, 4.82%, 1/20/2024<sup>(e)</sup> | 7/25/2022 | 958 |  |
| 2201 5721339, 5.84%, 1/20/2024<sup>(e)</sup> | 7/25/2022 | 2200 |  |
| 1773 5721383, 4.82%, 1/20/2024<sup>(e)</sup> | 7/25/2022 | 1769 |  |
| 1528 5721751, 3.61%, 1/20/2024<sup>(e)</sup> | 7/25/2022 | 1526 |  |
| 2754 5727186, 4.84%, 1/21/2024<sup>(e)</sup> | 7/26/2022 | 2753 |  |
| 180 5728795, 3.29%, 1/21/2024<sup>(e)</sup> | 7/26/2022 | 179 |  |
| 2519 5735118, 3.23%, 1/23/2024<sup>(e)</sup> | 7/28/2022 | 2517 |  |
| 864 5737658, 4.53%, 1/25/2024<sup>(e)</sup> | 7/28/2022 | 864 |  |
| 7672 5738521, 4.22%, 1/25/2024<sup>(e)</sup> | 7/28/2022 | 7670 |  |
| 14101 5742715, 3.52%, 1/26/2024<sup>(e)</sup> | 7/29/2022 | 14096 | 1 |
| 2970 5745225, 4.18%, 1/27/2024<sup>(e)</sup> | 8/1/2022 | 2957 |  |
| 17133 5745956, 4.27%, 1/27/2024<sup>(e)</sup> | 8/1/2022 | 17127 |  |
| 2172 5746723, 5.34%, 1/27/2024<sup>(e)</sup> | 8/1/2022 | 2168 |  |
| 3911 5750032, 3.76%, 1/28/2024<sup>(e)</sup> | 8/2/2022 | 3907 |  |
| 533 5751285, 4.54%, 1/28/2024<sup>(e)</sup> | 8/2/2022 | 533 |  |
| 595 5765511, 4.14%, 2/2/2024<sup>(e)</sup> | 8/5/2022 | 595 |  |
| 7103 5766439, 3.90%, 2/3/2024<sup>(e)</sup> | 8/8/2022 | 7100 |  |
| 2075 5768677, 3.90%, 2/3/2024<sup>(e)</sup> | 8/8/2022 | 2072 |  |
| 12994 5780631, 4.09%, 2/7/2024<sup>(e)</sup> | 8/11/2022 | 12987 |  |
| 6885 5808873, 4.99%, 2/12/2024<sup>(e)</sup> | 8/17/2022 | 6882 |  |
| 1312 5814577, 4.20%, 2/14/2024<sup>(e)</sup> | 8/18/2022 | 1311 |  |
| 3721 5815147, 4.76%, 2/15/2024<sup>(e)</sup> | 8/18/2022 | 3717 |  |
| 775 5820472, 4.19%, 2/16/2024<sup>(e)</sup> | 8/19/2022 | 775 |  |
| 14542 5828731, 4.70%, 2/18/2024<sup>(e)</sup> | 8/23/2022 | 14538 |  |
| 297 5833943, 4.65%, 2/19/2024<sup>(e)</sup> | 8/24/2022 | 297 |  |
| 469 5834280, 4.45%, 2/20/2024<sup>(e)</sup> | 8/25/2022 | 467 |  |
| 1144 5856348, 4.99%, 2/28/2024<sup>(e)</sup> | 9/1/2022 | 1140 |  |
| 908 5857695, 4.37%, 2/29/2024<sup>(e)</sup> | 9/1/2022 | 908 |  |
| 1916 5860985, 4.52%, 2/29/2024<sup>(e)</sup> | 9/2/2022 | 1910 |  |
| 82 5862344, 3.31%, 2/29/2024<sup>(e)</sup> | 9/2/2022 | 82 |  |
| 13017 5862539, 4.71%, 2/29/2024<sup>(e)</sup> | 9/2/2022 | 13011 | 1 |
| 4371 5867279, 5.40%, 2/29/2024<sup>(e)</sup> | 9/6/2022 | 4364 |  |
| 779 5885901, 4.71%, 3/7/2024<sup>(e)</sup> | 9/12/2022 | 778 |  |
| 10736 5904088, 5.24%, 3/14/2024<sup>(e)</sup> | 9/19/2022 | 10730 | 1 |
| 1010 5911251, 4.74%, 3/16/2024<sup>(e)</sup> | 9/21/2022 | 1009 |  |
| 1864 5913816, 3.68%, 3/17/2024<sup>(e)</sup> | 9/22/2022 | 1863 |  |

---

*See Notes to Financial Statements.*

58 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1079 5914176, 4.41%, 3/18/2024<sup>(e)</sup> | 9/22/2022 | 1079 |  |
| 5201 5915089, 3.96%, 3/19/2024<sup>(e)</sup> | 9/22/2022 | 5199 |  |
| 25501 5918694, 4.08%, 3/20/2024<sup>(e)</sup> | 9/23/2022 | 25484 |  |
| 39834 5921323, 4.54%, 3/20/2024<sup>(e)</sup> | 9/23/2022 | 39821 | 2 |
| 11684 5934542, 4.37%, 3/24/2024<sup>(e)</sup> | 9/29/2022 | 11677 | 1 |
| 3916 5939560, 4.24%, 3/27/2024<sup>(e)</sup> | 9/30/2022 | 3915 |  |
| 1946 5941441, 3.95%, 3/27/2024<sup>(e)</sup> | 9/30/2022 | 1946 |  |
| 230 5973722, 5.17%, 4/6/2024<sup>(e)</sup> | 10/12/2022 | 230 |  |
| 211 5974479, 3.98%, 4/6/2024<sup>(e)</sup> | 10/12/2022 | 211 |  |
| 1079 5980532, 5.39%, 4/10/2024<sup>(e)</sup> | 10/14/2022 | 1076 |  |
| 5732 5983442, 4.18%, 4/11/2024<sup>(e)</sup> | 10/14/2022 | 5726 | 1 |
| 43084 5991523, 5.25%, 4/13/2024<sup>(e)</sup> | 10/18/2022 | 43050 | 4 |
| 4104 5993107, 4.55%, 4/14/2024<sup>(e)</sup> | 10/19/2022 | 4099 |  |
| 3044 6003156, 4.71%, 4/18/2024<sup>(e)</sup> | 10/21/2022 | 3041 |  |
| 7211 6003187, 4.65%, 4/18/2024<sup>(e)</sup> | 10/21/2022 | 7209 |  |
| 1991 6009897, 4.40%, 4/20/2024<sup>(e)</sup> | 10/25/2022 | 1989 |  |
| 1016 6015961, 4.79%, 4/22/2024<sup>(e)</sup> | 10/27/2022 | 1015 |  |
| 4008 6016796, 4.08%, 4/23/2024<sup>(e)</sup> | 10/27/2022 | 4007 |  |
| 858 6017564, 3.65%, 4/24/2024<sup>(e)</sup> | 10/27/2022 | 858 |  |
| 840 6032216, 5.17%, 4/27/2024<sup>(e)</sup> | 11/1/2022 | 839 |  |
| 30283 6042714, 4.41%, 5/1/2024<sup>(e)</sup> | 11/4/2022 | 30276 |  |
| 3287 6043998, 4.19%, 5/1/2024<sup>(e)</sup> | 11/4/2022 | 3284 |  |
| 715 6046678, 4.99%, 5/2/2024<sup>(e)</sup> | 11/7/2022 | 715 |  |
| 7461 6051168, 4.30%, 5/3/2024<sup>(e)</sup> | 11/8/2022 | 7460 |  |
| 4652 6055735, 4.52%, 5/4/2024<sup>(e)</sup> | 11/9/2022 | 4647 | 1 |
| 2487 6062501, 5.25%, 5/7/2024<sup>(e)</sup> | 11/10/2022 | 2486 |  |
| 457 6064567, 5.40%, 5/8/2024<sup>(e)</sup> | 11/14/2022 | 455 |  |
| 198 6105814, 5.45%, 5/9/2024<sup>(e)</sup> | 11/15/2022 | 198 |  |
| 13412 6120722, 5.02%, 5/9/2024<sup>(e)</sup> | 11/15/2022 | 13407 |  |
| 21700 6122768, 4.90%, 5/10/2024<sup>(e)</sup> | 11/16/2022 | 21689 |  |
| 1496 6126515, 4.40%, 5/12/2024<sup>(e)</sup> | 11/17/2022 | 1495 |  |
| 2943 6145647, 5.17%, 5/18/2024<sup>(e)</sup> | 11/23/2022 | 2941 |  |
| 59 6151406, 4.65%, 5/21/2024<sup>(e)</sup> | 11/25/2022 | 59 |  |
| 3746 6158666, 3.98%, 5/23/2024<sup>(e)</sup> | 11/29/2022 | 3744 |  |
| 1077 6159537, 4.93%, 5/23/2024<sup>(e)</sup> | 11/29/2022 | 1077 |  |
| 654 6163080, 5.09%, 5/25/2024<sup>(e)</sup> | 11/30/2022 | 654 |  |
| 5107 6163846, 5.02%, 5/25/2024<sup>(e)</sup> | 11/30/2022 | 5104 |  |
| 9433 6164683, 4.56%, 5/25/2024<sup>(e)</sup> | 11/30/2022 | 9431 |  |
| 8215 6171390, 5.49%, 5/29/2024<sup>(e)</sup> | 12/2/2022 | 8211 |  |
| 1085 6180192, 5.36%, 6/1/2024<sup>(e)</sup> | 12/6/2022 | 1085 |  |
| 1806 6183636, 5.13%, 6/2/2024<sup>(e)</sup> | 12/7/2022 | 1805 |  |
| 11132 6189720, 4.49%, 6/5/2024<sup>(e)</sup> | 12/8/2022 | 11125 | 1 |
| 19704 6191145, 5.11%, 6/6/2024<sup>(e)</sup> | 12/9/2022 | 19679 |  |
| 2447 6205191, 5.00%, 6/8/2024<sup>(e)</sup> | 12/13/2022 | 2444 |  |
| 23635 6214115, 4.98%, 6/12/2024<sup>(e)</sup> | 12/15/2022 | 23618 | 2 |
| 7550 6216670, 5.11%, 6/13/2024<sup>(e)</sup> | 12/16/2022 | 7545 |  |
| 48538 6218603, 5.11%, 6/14/2024<sup>(e)</sup> | 12/19/2022 | 48503 | 1 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 59

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 3792 6220958, 4.71%, 6/14/2024<sup>(e)</sup> | 12/19/2022 | 3786 |  |
| 2695 6223743, 5.01%, 6/15/2024<sup>(e)</sup> | 12/20/2022 | 2693 |  |
| 6903 6226484, 5.16%, 6/15/2024<sup>(e)</sup> | 12/20/2022 | 6899 |  |
| 1997 6226573, 5.13%, 6/15/2024<sup>(e)</sup> | 12/20/2022 | 1996 |  |
| 11926 6227060, 4.79%, 6/16/2024<sup>(e)</sup> | 12/21/2022 | 11920 |  |
| 5398 6229968, 5.17%, 6/16/2024<sup>(e)</sup> | 12/21/2022 | 5395 |  |
| 5041 6234748, 5.07%, 6/16/2024<sup>(e)</sup> | 12/21/2022 | 5036 |  |
| 14866 6236365, 4.76%, 6/18/2024<sup>(e)</sup> | 12/22/2022 | 14860 |  |
| 2528 6240144, 5.21%, 6/19/2024<sup>(e)</sup> | 12/22/2022 | 2526 |  |
| 6880 6243194, 4.53%, 6/20/2024<sup>(e)</sup> | 12/23/2022 | 6877 |  |
| 1955 6246135, 5.37%, 6/21/2024<sup>(e)</sup> | 12/27/2022 | 1954 |  |
| 4290 6248895, 5.12%, 6/22/2024<sup>(e)</sup> | 12/28/2022 | 4288 |  |
| 1173 6252984, 5.30%, 6/23/2024<sup>(e)</sup> | 12/29/2022 | 1172 |  |
| 2410 6253470, 5.23%, 6/23/2024<sup>(e)</sup> | 12/29/2022 | 2409 |  |
| 2982 6254831, 5.31%, 6/23/2024<sup>(e)</sup> | 12/29/2022 | 2980 |  |
| 2025 6255062, 5.11%, 6/24/2024<sup>(e)</sup> | 12/30/2022 | 2022 |  |
| 1620 6256454, 4.38%, 6/26/2024<sup>(e)</sup> | 12/30/2022 | 1619 |  |
| 758 6262046, 5.21%, 6/28/2024<sup>(e)</sup> | 1/3/2023 | 752 |  |
| 1655 6266899, 5.63%, 6/29/2024<sup>(e)</sup> | 1/4/2023 | 1653 |  |
| 4701 6271487, 5.41%, 7/1/2024<sup>(e)</sup> | 1/6/2023 | 4699 |  |
| 5143 6272030, 5.56%, 7/2/2024<sup>(e)</sup> | 1/6/2023 | 5139 |  |
| 10800 6274237, 4.71%, 7/3/2024<sup>(e)</sup> | 1/6/2023 | 10796 | 1 |
| 30882 6278211, 5.09%, 7/4/2024<sup>(e)</sup> | 1/9/2023 | 30813 | 2 |
| 1778 6278554, 5.08%, 7/4/2024<sup>(e)</sup> | 1/9/2023 | 1776 |  |
| 4309 6280393, 5.11%, 7/5/2024<sup>(e)</sup> | 1/10/2023 | 4308 |  |
| 1527 6281665, 5.64%, 7/5/2024<sup>(e)</sup> | 1/10/2023 | 1526 |  |
| 682 6284088, 5.42%, 7/6/2024<sup>(e)</sup> | 1/11/2023 | 679 |  |
| 19976 6285159, 5.23%, 7/6/2024<sup>(e)</sup> | 1/11/2023 | 19971 |  |
| 8471 6306876, 5.61%, 7/17/2024<sup>(e)</sup> | 1/20/2023 | 8467 |  |
| 2510 6309913, 5.61%, 7/18/2024<sup>(e)</sup> | 1/23/2023 | 2509 |  |
| 1705 6310030, 4.89%, 7/18/2024<sup>(e)</sup> | 1/23/2023 | 1703 |  |
| 24734 6310052, 4.72%, 7/18/2024<sup>(e)</sup> | 1/23/2023 | 24716 | 1 |
| 8567 6318893, 4.40%, 7/20/2024<sup>(e)</sup> | 1/25/2023 | 8563 |  |
| 1032 6319326, 4.41%, 7/21/2024<sup>(e)</sup> | 1/26/2023 | 1032 |  |
| 5513 6349688, 4.76%, 7/23/2024<sup>(e)</sup> | 1/26/2023 | 5511 |  |
| 272 6351803, 5.40%, 7/24/2024<sup>(e)</sup> | 1/27/2023 | 271 |  |
| 1284 6353204, 5.37%, 7/24/2024<sup>(e)</sup> | 1/27/2023 | 1281 |  |
| 2070 6361076, 4.41%, 7/26/2024<sup>(e)</sup> | 1/31/2023 | 2069 |  |
| 16552 6363826, 5.02%, 7/27/2024<sup>(e)</sup> | 2/1/2023 | 16547 |  |
| 6950 6365997, 5.45%, 7/28/2024<sup>(e)</sup> | 2/2/2023 | 6943 |  |
| 1683 6369360, 4.72%, 7/30/2024<sup>(e)</sup> | 2/2/2023 | 1682 |  |
| 19880 6374933, 5.55%, 8/1/2024<sup>(e)</sup> | 2/6/2023 | 19863 |  |
| 4781 6376142, 5.09%, 8/1/2024<sup>(e)</sup> | 2/6/2023 | 4774 |  |
| 1931 6383356, 4.73%, 8/3/2024<sup>(e)</sup> | 2/8/2023 | 1930 |  |
| 226 6385016, 4.75%, 8/3/2024<sup>(e)</sup> | 2/8/2023 | 226 |  |
| 11257 6385384, 4.52%, 8/4/2024<sup>(e)</sup> | 2/9/2023 | 11254 |  |

---

*See Notes to Financial Statements.*

60 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 8580 6387124, 4.50%, 8/6/2024<sup>(e)</sup> | 2/9/2023 | 8578 |  |
| 2578 6387323, 5.43%, 8/6/2024<sup>(e)</sup> | 2/9/2023 | 2578 |  |
| 2790 6388609, 5.61%, 8/6/2024<sup>(e)</sup> | 2/9/2023 | 2787 |  |
| 22768 6390797, 5.33%, 8/7/2024<sup>(e)</sup> | 2/10/2023 | 22754 |  |
| 1031 6392613, 5.42%, 8/7/2024<sup>(e)</sup> | 2/10/2023 | 1031 |  |
| 3300 6394579, 4.72%, 8/8/2024<sup>(e)</sup> | 2/13/2023 | 3298 |  |
| 16150 6399840, 4.52%, 8/9/2024<sup>(e)</sup> | 2/14/2023 | 16145 |  |
| 6297 6400719, 5.42%, 8/9/2024<sup>(e)</sup> | 2/14/2023 | 6294 |  |
| 641 6402353, 5.42%, 8/10/2024<sup>(e)</sup> | 2/15/2023 | 641 |  |
| 3147 6403389, 5.23%, 8/10/2024<sup>(e)</sup> | 2/15/2023 | 3145 |  |
| 553 6404272, 5.11%, 8/11/2024<sup>(e)</sup> | 2/16/2023 | 551 |  |
| 1165 6404325, 5.71%, 8/11/2024<sup>(e)</sup> | 2/16/2023 | 1164 |  |
| 2724 6407319, 4.50%, 8/13/2024<sup>(e)</sup> | 2/16/2023 | 2723 |  |
| 1418 6408651, 5.56%, 8/13/2024<sup>(e)</sup> | 2/16/2023 | 1417 |  |
| 1373 6411565, 5.06%, 8/14/2024<sup>(e)</sup> | 2/17/2023 | 1373 |  |
| 8558 6413446, 5.00%, 8/15/2024<sup>(e)</sup> | 2/21/2023 | 8547 |  |
| 8558 6419618, 4.41%, 8/16/2024<sup>(e)</sup> | 2/22/2023 | 8553 |  |
| 5259 6420463, 4.78%, 8/16/2024<sup>(e)</sup> | 2/22/2023 | 5256 |  |
| 3247 6424135, 4.40%, 8/17/2024<sup>(e)</sup> | 2/23/2023 | 3245 |  |
| 555 6425075, 4.44%, 8/19/2024<sup>(e)</sup> | 2/24/2023 | 554 |  |
| 3527 6425722, 4.89%, 8/20/2024<sup>(e)</sup> | 2/24/2023 | 3523 |  |
| 13483 6426320, 4.76%, 8/20/2024<sup>(e)</sup> | 2/24/2023 | 13479 |  |
| 448 6427348, 5.37%, 8/21/2024<sup>(e)</sup> | 2/24/2023 | 447 |  |
| 3291 6428783, 4.60%, 8/21/2024<sup>(e)</sup> | 2/24/2023 | 3288 | 1 |
| 423 6430360, 4.38%, 8/22/2024<sup>(e)</sup> | 2/27/2023 | 421 |  |
| 9291 6430377, 5.06%, 8/22/2024<sup>(e)</sup> | 2/27/2023 | 9282 |  |
| 345 6431229, 5.08%, 8/22/2024<sup>(e)</sup> | 2/27/2023 | 339 |  |
| 5134 6445407, 5.62%, 8/26/2024<sup>(e)</sup> | 3/2/2023 | 5131 |  |
| 1752 6447624, 5.70%, 8/27/2024<sup>(e)</sup> | 3/2/2023 | 1749 |  |
| 69 6447967, 5.71%, 8/27/2024<sup>(e)</sup> | 3/2/2023 | 69 |  |
| 19364 6449734, 5.43%, 8/28/2024<sup>(e)</sup> | 3/3/2023 | 19355 |  |
| 3455 6458392, 5.41%, 9/2/2024<sup>(e)</sup> | 3/7/2023 | 3442 | 1 |
| 8986 6462410, 4.92%, 9/3/2024<sup>(e)</sup> | 3/8/2023 | 8982 |  |
| 1205 6469223, 5.39%, 9/7/2024<sup>(e)</sup> | 3/10/2023 | 1201 |  |
| 354 6473406, 5.67%, 9/8/2024<sup>(e)</sup> | 3/13/2023 | 352 |  |
| 11225 6475578, 4.90%, 9/8/2024<sup>(e)</sup> | 3/13/2023 | 11202 |  |
| 3775 6480098, 5.08%, 9/9/2024<sup>(e)</sup> | 3/14/2023 | 3772 | 1 |
| 1232 6485004, 5.61%, 9/11/2024<sup>(e)</sup> | 3/16/2023 | 1221 |  |
| 7374 6485007, 5.38%, 9/11/2024<sup>(e)</sup> | 3/16/2023 | 7370 |  |
| 2290 6485792, 4.71%, 9/11/2024<sup>(e)</sup> | 3/16/2023 | 2289 |  |
| 629 6490004, 4.69%, 9/13/2024<sup>(e)</sup> | 3/16/2023 | 626 |  |
| 18289 6493170, 4.15%, 9/14/2024<sup>(e)</sup> | 3/17/2023 | 18273 | 2 |
| 247 6494068, 4.64%, 9/15/2024<sup>(e)</sup> | 3/20/2023 | 245 |  |
| 1856 6497050, 4.36%, 9/15/2024<sup>(e)</sup> | 3/20/2023 | 1855 |  |
| 6608 6505797, 4.75%, 9/18/2024<sup>(e)</sup> | 3/23/2023 | 6602 |  |
| 8612 6506924, 4.74%, 9/19/2024<sup>(e)</sup> | 3/23/2023 | 8610 |  |
| 9233 6508085, 4.15%, 9/20/2024<sup>(e)</sup> | 3/23/2023 | 9230 |  |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 61

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1384 6513051, 5.05%, 9/21/2024<sup>(e)</sup> | 3/24/2023 | 1383 |  |
| 2158 6513941, 4.85%, 9/21/2024<sup>(e)</sup> | 3/24/2023 | 2157 |  |
| 7195 6521005, 4.75%, 9/23/2024<sup>(e)</sup> | 3/28/2023 | 7192 | 1 |
| 2801 6524690, 5.27%, 9/24/2024<sup>(e)</sup> | 3/29/2023 | 2798 |  |
| 2233 6524923, 5.06%, 9/24/2024<sup>(e)</sup> | 3/29/2023 | 2230 |  |
| 4073 6525852, 5.21%, 9/25/2024<sup>(e)</sup> | 3/30/2023 | 4066 |  |
| 9872 6526016, 5.06%, 9/25/2024<sup>(e)</sup> | 3/30/2023 | 9868 |  |
| 5190 6526204, 4.75%, 9/25/2024<sup>(e)</sup> | 3/30/2023 | 5186 |  |
| 2454 6534189, 4.36%, 9/28/2024<sup>(e)</sup> | 3/31/2023 | 2452 |  |
| 4614 6534910, 5.07%, 9/29/2024<sup>(e)</sup> | 4/3/2023 | 4613 |  |
| 2857 6549974, 6.08%, 10/3/2024<sup>(e)</sup> | 4/6/2023 | 2854 |  |
| 2783 6566536, 4.93%, 10/8/2024<sup>(e)</sup> | 4/13/2023 | 2782 |  |
| 3007 6573088, 5.53%, 10/11/2024<sup>(e)</sup> | 4/14/2023 | 3005 |  |
| 46244 6574336, 5.93%, 10/11/2024<sup>(e)</sup> | 4/14/2023 | 46225 |  |
| 748 6577745, 5.07%, 10/12/2024<sup>(e)</sup> | 4/17/2023 | 736 |  |
| 1961 6585973, 5.61%, 10/14/2024<sup>(e)</sup> | 4/19/2023 | 1961 |  |
| 2907 6586595, 4.57%, 10/15/2024<sup>(e)</sup> | 4/20/2023 | 2906 |  |
| 310 6586768, 4.36%, 10/15/2024<sup>(e)</sup> | 4/20/2023 | 309 |  |
| 14311 6589212, 5.17%, 10/17/2024<sup>(e)</sup> | 4/20/2023 | 14303 | 1 |
| 42439 6589945, 5.84%, 10/17/2024<sup>(e)</sup> | 4/20/2023 | 42419 |  |
| 1788 6600131, 5.00%, 10/20/2024<sup>(e)</sup> | 4/25/2023 | 1788 |  |
| 5448 6601126, 5.37%, 10/20/2024<sup>(e)</sup> | 4/25/2023 | 5445 |  |
| 894 6603000, 4.57%, 10/21/2024<sup>(e)</sup> | 4/26/2023 | 894 |  |
| 3709 6604513, 4.57%, 10/22/2024<sup>(e)</sup> | 4/27/2023 | 3709 |  |
| 25265 6608277, 5.35%, 10/24/2024<sup>(e)</sup> | 4/27/2023 | 25233 | 3 |
| 923 6608609, 4.55%, 10/24/2024<sup>(e)</sup> | 4/27/2023 | 923 |  |
| 1060 6609051, 4.55%, 10/25/2024<sup>(e)</sup> | 4/28/2023 | 1059 |  |
| 4941 6611153, 5.35%, 10/25/2024<sup>(e)</sup> | 4/28/2023 | 4939 |  |
| 608 6611973, 5.60%, 10/26/2024<sup>(e)</sup> | 5/1/2023 | 608 |  |
| 743 6612124, 4.38%, 10/26/2024<sup>(e)</sup> | 5/1/2023 | 742 |  |
| 1244 6614605, 5.58%, 10/26/2024<sup>(e)</sup> | 5/1/2023 | 1244 |  |
| 1610 6617761, 5.69%, 10/27/2024<sup>(e)</sup> | 5/2/2023 | 1609 |  |
| 1078 6623088, 5.96%, 10/28/2024<sup>(e)</sup> | 5/3/2023 | 1077 |  |
| 3750 6624873, 5.38%, 10/30/2024<sup>(e)</sup> | 5/4/2023 | 3748 |  |
| 381 6625270, 5.68%, 10/30/2024<sup>(e)</sup> | 5/4/2023 | 381 |  |
| 3396 6625328, 4.89%, 10/30/2024<sup>(e)</sup> | 5/4/2023 | 3395 |  |
| 20374 6625546, 5.51%, 10/30/2024<sup>(e)</sup> | 5/4/2023 | 20366 | 1 |
| 1979 6626859, 5.92%, 11/1/2024<sup>(e)</sup> | 5/4/2023 | 1975 |  |
| 1827 6634745, 5.35%, 11/3/2024<sup>(e)</sup> | 5/8/2023 | 1827 |  |
| 20161 6640919, 4.89%, 11/4/2024<sup>(e)</sup> | 5/9/2023 | 20153 |  |
| 6293 6645685, 4.61%, 11/7/2024<sup>(e)</sup> | 5/11/2023 | 6291 |  |
| 5376 6646551, 5.49%, 11/8/2024<sup>(e)</sup> | 5/11/2023 | 5367 |  |
| 46750 6647803, 4.60%, 11/8/2024<sup>(e)</sup> | 5/11/2023 | 46740 | 1 |
| 468 6650942, 5.92%, 11/9/2024<sup>(e)</sup> | 5/12/2023 | 468 |  |
| 6488 6654602, 5.67%, 11/10/2024<sup>(e)</sup> | 5/15/2023 | 6463 |  |
| 2395 6654721, 5.67%, 11/10/2024<sup>(e)</sup> | 5/15/2023 | 2377 | (504) |

---

*See Notes to Financial Statements.*

62 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 350 6659438, 5.39%, 11/11/2024<sup>(e)</sup> | 5/16/2023 | 349 |  |
| 1108 6662097, 6.34%, 11/12/2024<sup>(e)</sup> | 5/17/2023 | 1107 |  |
| 397 6665753, 5.50%, 11/14/2024<sup>(e)</sup> | 5/18/2023 | 394 |  |
| 13316 6667599, 5.83%, 11/15/2024<sup>(e)</sup> | 5/18/2023 | 13294 |  |
| 18767 6668071, 5.58%, 11/15/2024<sup>(e)</sup> | 5/18/2023 | 18748 |  |
| 811 6668613, 5.60%, 11/15/2024<sup>(e)</sup> | 5/18/2023 | 810 |  |
| 66 6673997, 5.73%, 11/17/2024<sup>(e)</sup> | 5/22/2023 | 38 |  |
| 1281 6676413, 5.02%, 11/17/2024<sup>(e)</sup> | 5/22/2023 | 1280 |  |
| 5522 6684137, 5.17%, 11/19/2024<sup>(e)</sup> | 5/24/2023 | 5518 | 1 |
| 4938 6686084, 4.37%, 11/21/2024<sup>(e)</sup> | 5/25/2023 | 4933 |  |
| 78 6688594, 5.33%, 11/22/2024<sup>(e)</sup> | 5/25/2023 | 77 |  |
| 13909 6693994, 4.97%, 11/24/2024<sup>(e)</sup> | 5/30/2023 | 13899 |  |
| 1260 6695161, 5.04%, 11/24/2024<sup>(e)</sup> | 5/30/2023 | 1258 |  |
| 12890 6705446, 4.29%, 11/26/2024<sup>(e)</sup> | 6/1/2023 | 12874 |  |
| 13024 6706436, 5.19%, 11/26/2024<sup>(e)</sup> | 6/1/2023 | 13021 |  |
| 1934 6708008, 5.39%, 11/28/2024<sup>(e)</sup> | 6/2/2023 | 1933 |  |
| 6534 6709400, 6.17%, 11/29/2024<sup>(e)</sup> | 6/2/2023 | 6525 |  |
| 2730 6713717, 5.13%, 11/30/2024<sup>(e)</sup> | 6/5/2023 | 2722 |  |
| 4603 6715268, 4.61%, 11/30/2024<sup>(e)</sup> | 6/5/2023 | 4599 |  |
| 1279 6719701, 5.68%, 12/1/2024<sup>(e)</sup> | 6/6/2023 | 1279 |  |
| 750 6721082, 5.38%, 12/1/2024<sup>(e)</sup> | 6/6/2023 | 749 |  |
| 10012 6721293, 5.15%, 12/1/2024<sup>(e)</sup> | 6/6/2023 | 9998 |  |
| 8683 6722582, 5.95%, 12/2/2024<sup>(e)</sup> | 6/7/2023 | 8678 | 1 |
| 3303 6724290, 5.15%, 12/2/2024<sup>(e)</sup> | 6/7/2023 | 3300 |  |
| 2146 6724441, 5.15%, 12/2/2024<sup>(e)</sup> | 6/7/2023 | 2143 |  |
| 3074 6724532, 6.19%, 12/2/2024<sup>(e)</sup> | 6/7/2023 | 3073 |  |
| 15194 6724690, 5.39%, 12/2/2024<sup>(e)</sup> | 6/7/2023 | 15182 |  |
| 34551 6724971, 5.33%, 12/2/2024<sup>(e)</sup> | 6/7/2023 | 34533 | 2 |
| 438 6730621, 5.41%, 12/6/2024<sup>(e)</sup> | 6/9/2023 | 438 |  |
| 12437 6736806, 6.08%, 12/7/2024<sup>(e)</sup> | 6/12/2023 | 12411 |  |
| 2808 6739781, 5.52%, 12/8/2024<sup>(e)</sup> | 6/13/2023 | 2806 |  |
| 984 6740525, 6.34%, 12/8/2024<sup>(e)</sup> | 6/13/2023 | 982 |  |
| 960 6744511, 5.73%, 12/9/2024<sup>(e)</sup> | 6/14/2023 | 959 |  |
| 2381 6747564, 5.32%, 12/11/2024<sup>(e)</sup> | 6/15/2023 | 2379 |  |
| 2716 6747620, 5.51%, 12/11/2024<sup>(e)</sup> | 6/15/2023 | 2715 |  |
| 1039 6747977, 4.91%, 12/11/2024<sup>(e)</sup> | 6/15/2023 | 1038 |  |
| 429 6748574, 5.90%, 12/12/2024<sup>(e)</sup> | 6/15/2023 | 428 |  |
| 4996 6751250, 5.31%, 12/12/2024<sup>(e)</sup> | 6/15/2023 | 4992 |  |
| 2456 6753332, 5.31%, 12/13/2024<sup>(e)</sup> | 6/16/2023 | 2455 |  |
| 2603 6764271, 6.21%, 12/15/2024<sup>(e)</sup> | 6/21/2023 | 2603 |  |
| 2345 6765680, 5.70%, 12/16/2024<sup>(e)</sup> | 6/22/2023 | 2344 |  |
| 2909 6765895, 5.37%, 12/16/2024<sup>(e)</sup> | 6/22/2023 | 2908 |  |
| 2604 6766445, 5.63%, 12/16/2024<sup>(e)</sup> | 6/22/2023 | 2603 |  |
| 1056 6769750, 5.86%, 12/18/2024<sup>(e)</sup> | 6/23/2023 | 1055 |  |
| 4066 6770155, 6.02%, 12/18/2024<sup>(e)</sup> | 6/23/2023 | 4000 |  |
| 25363 6772614, 5.84%, 12/20/2024<sup>(e)</sup> | 6/23/2023 | 25352 |  |
| 1665 6773434, 5.67%, 12/20/2024<sup>(e)</sup> | 6/23/2023 | 1664 |  |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 63

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 7013 6773876, 4.28%, 12/20/2024<sup>(e)</sup> | 6/23/2023 | 7010 |  |
| 9971 6775985, 4.61%, 12/21/2024<sup>(e)</sup> | 6/26/2023 | 9958 |  |
| 511 6780245, 5.62%, 12/22/2024<sup>(e)</sup> | 6/27/2023 | 510 |  |
| 813 6781751, 4.56%, 12/22/2024<sup>(e)</sup> | 6/27/2023 | 813 |  |
| 5222 6782163, 5.00%, 12/22/2024<sup>(e)</sup> | 6/27/2023 | 5218 | 1 |
| 354 6783481, 4.83%, 12/23/2024<sup>(e)</sup> | 6/28/2023 | 354 |  |
| 23061 6783721, 5.19%, 12/23/2024<sup>(e)</sup> | 6/28/2023 | 23054 |  |
| 577 6784371, 4.87%, 12/23/2024<sup>(e)</sup> | 6/28/2023 | 576 |  |
| 20972 6787162, 6.00%, 12/25/2024<sup>(e)</sup> | 6/29/2023 | 20812 |  |
| 6369 6790663, 4.55%, 12/26/2024<sup>(e)</sup> | 6/29/2023 | 6367 |  |
| 8599 6791512, 4.80%, 12/27/2024<sup>(e)</sup> | 6/30/2023 | 8573 |  |
| 2173 6802913, 4.90%, 12/29/2024<sup>(e)</sup> | 7/5/2023 | 2169 |  |
| 5750 6804820, 4.91%, 12/30/2024<sup>(e)</sup> | 7/6/2023 | 5745 |  |
| 1174 6805385, 5.95%, 12/30/2024<sup>(e)</sup> | 7/6/2023 | 1169 |  |
| 601 6805414, 4.91%, 12/30/2024<sup>(e)</sup> | 7/6/2023 | 594 |  |
| 784 6807932, 5.16%, 12/30/2024<sup>(e)</sup> | 7/6/2023 | 784 |  |
| 1833 6808771, 5.96%, 1/1/2025<sup>(e)</sup> | 7/7/2023 | 1832 |  |
| 2739 6809095, 4.89%, 1/2/2025<sup>(e)</sup> | 7/7/2023 | 2737 |  |
| 397 6809539, 4.71%, 1/2/2025<sup>(e)</sup> | 7/7/2023 | 397 |  |
| 1574 6809872, 5.70%, 1/3/2025<sup>(e)</sup> | 7/7/2023 | 1574 |  |
| 1024 6810302, 5.37%, 1/3/2025<sup>(e)</sup> | 7/7/2023 | 1020 |  |
| 1577 6812649, 5.31%, 1/3/2025<sup>(e)</sup> | 7/7/2023 | 1576 |  |
| 8163 6812677, 5.68%, 1/3/2025<sup>(e)</sup> | 7/7/2023 | 8156 |  |
| 1508 6812799, 5.94%, 1/3/2025<sup>(e)</sup> | 7/7/2023 | 1507 |  |
| 115 6813908, 6.16%, 1/4/2025<sup>(e)</sup> | 7/10/2023 | 114 |  |
| 1515 6814442, 5.91%, 1/5/2025<sup>(e)</sup> | 7/10/2023 | 1502 |  |
| 3956 6814894, 5.37%, 1/5/2025<sup>(e)</sup> | 7/10/2023 | 3954 |  |
| 50 6815707, 4.73%, 1/5/2025<sup>(e)</sup> | 7/10/2023 | 48 |  |
| 953 6817210, 6.16%, 1/5/2025<sup>(e)</sup> | 7/10/2023 | 953 |  |
| 578 6819003, 6.34%, 1/6/2025<sup>(e)</sup> | 7/11/2023 | 577 |  |
| 1157 6820391, 4.70%, 1/6/2025<sup>(e)</sup> | 7/11/2023 | 1156 |  |
| 1816 6821905, 5.32%, 1/6/2025<sup>(e)</sup> | 7/11/2023 | 1812 | 1 |
| 3261 6824633, 6.09%, 1/7/2025<sup>(e)</sup> | 7/12/2023 | 3258 |  |
| 887 6824779, 6.33%, 1/7/2025<sup>(e)</sup> | 7/12/2023 | 886 |  |
| 4971 6826326, 5.93%, 1/8/2025<sup>(e)</sup> | 7/13/2023 | 4968 |  |
| 2323 6826542, 4.70%, 1/8/2025<sup>(e)</sup> | 7/13/2023 | 2320 |  |
| 2642 6826630, 6.17%, 1/9/2025<sup>(e)</sup> | 7/13/2023 | 2635 |  |
| 2937 6829358, 4.69%, 1/10/2025<sup>(e)</sup> | 7/13/2023 | 2930 |  |
| 7547 6829460, 6.31%, 1/10/2025<sup>(e)</sup> | 7/13/2023 | 7541 |  |
| 756 6829502, 5.30%, 1/10/2025<sup>(e)</sup> | 7/13/2023 | 755 |  |
| 1200 6830330, 6.16%, 1/10/2025<sup>(e)</sup> | 7/13/2023 | 1199 |  |
| 4377 6830787, 4.88%, 1/11/2025<sup>(e)</sup> | 7/14/2023 | 4374 |  |
| 3057 6831618, 5.48%, 1/11/2025<sup>(e)</sup> | 7/14/2023 | 3055 |  |
| 4648 6833232, 5.67%, 1/11/2025<sup>(e)</sup> | 7/14/2023 | 4646 |  |
| 774 6834961, 5.67%, 1/12/2025<sup>(e)</sup> | 7/17/2023 | 772 |  |
| 1427 6836551, 5.48%, 1/12/2025<sup>(e)</sup> | 7/17/2023 | 1426 |  |

---

*See Notes to Financial Statements.*

64 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1974 6838744, 5.38%, 1/13/2025<sup>(e)</sup> | 7/18/2023 | 1973 |  |
| 3320 6839655, 6.19%, 1/13/2025<sup>(e)</sup> | 7/18/2023 | 3312 |  |
| 3793 6840557, 6.17%, 1/13/2025<sup>(e)</sup> | 7/18/2023 | 3791 |  |
| 25815 6840849, 5.51%, 1/13/2025<sup>(e)</sup> | 7/18/2023 | 25805 | 1 |
| 946 6846076, 5.39%, 1/15/2025<sup>(e)</sup> | 7/20/2023 | 945 |  |
| 3821 6846388, 5.31%, 1/16/2025<sup>(e)</sup> | 7/20/2023 | 3813 | 11 |
| 1354 6846668, 5.35%, 1/16/2025<sup>(e)</sup> | 7/20/2023 | 1352 |  |
| 2984 6846764, 5.16%, 1/16/2025<sup>(e)</sup> | 7/20/2023 | 2982 |  |
| 26085 6848305, 5.16%, 1/17/2025<sup>(e)</sup> | 7/20/2023 | 26052 |  |
| 10937 6852483, 5.30%, 1/18/2025<sup>(e)</sup> | 7/21/2023 | 10933 |  |
| 709 6853044, 4.55%, 1/18/2025<sup>(e)</sup> | 7/21/2023 | 708 | 3 |
| 3340 6854846, 4.36%, 1/19/2025<sup>(e)</sup> | 7/24/2023 | 3310 |  |
| 5176 6855276, 5.58%, 1/19/2025<sup>(e)</sup> | 7/24/2023 | 5157 |  |
| 880 6856246, 4.97%, 1/19/2025<sup>(e)</sup> | 7/24/2023 | 879 |  |
| 8057 6860926, 4.99%, 1/20/2025<sup>(e)</sup> | 7/25/2023 | 8055 |  |
| 3103 6861740, 5.17%, 1/21/2025<sup>(e)</sup> | 7/26/2023 | 3101 | 1 |
| 1097 6865672, 5.59%, 1/23/2025<sup>(e)</sup> | 7/27/2023 | 1095 |  |
| 1885 6866203, 5.35%, 1/24/2025<sup>(e)</sup> | 7/27/2023 | 1883 |  |
| 34379 6867901, 4.55%, 1/24/2025<sup>(e)</sup> | 7/27/2023 | 34359 | 2 |
| 565 6868125, 4.98%, 1/24/2025<sup>(e)</sup> | 7/27/2023 | 564 |  |
| 1175 6868136, 5.35%, 1/24/2025<sup>(e)</sup> | 7/27/2023 | 1175 |  |
| 7051 6868541, 4.36%, 1/24/2025<sup>(e)</sup> | 7/27/2023 | 7049 |  |
| 1795 6869204, 5.16%, 1/24/2025<sup>(e)</sup> | 7/27/2023 | 1791 | 25 |
| 11317 6869571, 4.79%, 1/25/2025<sup>(e)</sup> | 7/28/2023 | 11290 | 99 |
| 5891 6871034, 4.55%, 1/25/2025<sup>(e)</sup> | 7/28/2023 | 5888 |  |
| 6858 6871210, 5.34%, 1/25/2025<sup>(e)</sup> | 7/28/2023 | 6849 |  |
| 2875 6871954, 4.79%, 1/25/2025<sup>(e)</sup> | 7/28/2023 | 2874 |  |
| 987 6873598, 4.97%, 1/26/2025<sup>(e)</sup> | 7/31/2023 | 940 | 17 |
| 2185 6874356, 5.34%, 1/26/2025<sup>(e)</sup> | 7/31/2023 | 2173 | 37 |
| 2704 6878455, 5.59%, 1/27/2025<sup>(e)</sup> | 8/1/2023 | 2703 |  |
| 4651 6879489, 4.38%, 1/27/2025<sup>(e)</sup> | 8/1/2023 | 4646 | 1 |
| 7429 6880164, 5.75%, 1/27/2025<sup>(e)</sup> | 8/1/2023 | 7426 |  |
| 994 6882349, 4.55%, 1/28/2025<sup>(e)</sup> | 8/2/2023 | 993 |  |
| 27349 6883819, 4.97%, 1/28/2025<sup>(e)</sup> | 8/2/2023 | 27340 | 1 |
| 3272 6884424, 5.52%, 1/29/2025<sup>(e)</sup> | 8/3/2023 | 3271 |  |
| 9286 6884753, 4.54%, 1/29/2025<sup>(e)</sup> | 8/3/2023 | 9279 | 1 |
| 4409 6885184, 5.51%, 1/30/2025<sup>(e)</sup> | 8/3/2023 | 4402 | 1 |
| 2259 6890726, 5.20%, 2/1/2025<sup>(e)</sup> | 8/4/2023 | 2258 |  |
| 3611 6890848, 4.43%, 2/1/2025<sup>(e)</sup> | 8/4/2023 | 3609 | 3 |
| 68 6892638, 5.76%, 2/1/2025<sup>(e)</sup> | 8/4/2023 | 67 |  |
| 21531 6901190, 5.34%, 2/4/2025<sup>(e)</sup> | 8/9/2023 | 21522 |  |
| 3015 6905159, 4.72%, 2/6/2025<sup>(e)</sup> | 8/10/2023 | 3013 |  |
| 12178 6906633, 5.99%, 2/7/2025<sup>(e)</sup> | 8/10/2023 | 12171 | 2 |
| 4580 6907280, 5.75%, 2/7/2025<sup>(e)</sup> | 8/10/2023 | 4579 | 1 |
| 1965 6908030, 6.00%, 2/7/2025<sup>(e)</sup> | 8/10/2023 | 1964 | 1 |
| 4147 6908252, 6.14%, 2/7/2025<sup>(e)</sup> | 8/10/2023 | 4141 |  |
| 294 6913371, 5.50%, 2/9/2025<sup>(e)</sup> | 8/14/2023 | 293 |  |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 65

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 35295 6913391, 5.32%, 2/9/2025<sup>(e)</sup> | 8/14/2023 | 35230 |  |
| 813 6913861, 5.98%, 2/9/2025<sup>(e)</sup> | 8/14/2023 | 808 |  |
| 6336 6918749, 5.93%, 2/10/2025<sup>(e)</sup> | 8/15/2023 | 6332 | 1 |
| 417 6919339, 5.93%, 2/11/2025<sup>(e)</sup> | 8/16/2023 | 416 |  |
| 226 6919359, 4.98%, 2/11/2025<sup>(e)</sup> | 8/16/2023 | 218 | 1 |
| 505 6920523, 5.21%, 2/12/2025<sup>(e)</sup> | 8/17/2023 | 487 | 3 |
| 1522 6920853, 4.45%, 2/12/2025<sup>(e)</sup> | 8/17/2023 | 1521 | 2 |
| 365 6922071, 4.94%, 2/14/2025<sup>(e)</sup> | 8/17/2023 | 364 | 10 |
| 7302 6923289, 5.75%, 2/14/2025<sup>(e)</sup> | 8/17/2023 | 7297 | 3 |
| 2544 6928999, 5.51%, 2/16/2025<sup>(e)</sup> | 8/21/2023 | 2533 | 3 |
| 6669 6934582, 4.45%, 2/17/2025<sup>(e)</sup> | 8/22/2023 | 6668 | 1 |
| 13304 6934639, 6.17%, 2/17/2025<sup>(e)</sup> | 8/22/2023 | 13299 | 1 |
| 8894 6934741, 5.77%, 2/17/2025<sup>(e)</sup> | 8/22/2023 | 8885 |  |
| 2208 6935039, 6.17%, 2/17/2025<sup>(e)</sup> | 8/22/2023 | 2207 |  |
| 9287 6935182, 5.16%, 2/17/2025<sup>(e)</sup> | 8/22/2023 | 9282 | 2 |
| 13111 6935520, 5.22%, 2/17/2025<sup>(e)</sup> | 8/22/2023 | 13103 | 5 |
| 6845 6938106, 5.16%, 2/18/2025<sup>(e)</sup> | 8/23/2023 | 6840 | 9 |
| 5981 6938517, 5.53%, 2/18/2025<sup>(e)</sup> | 8/23/2023 | 5978 | 180 |
| 2714 6939015, 5.22%, 2/18/2025<sup>(e)</sup> | 8/23/2023 | 2712 |  |
| 864 6943811, 6.02%, 2/21/2025<sup>(e)</sup> | 8/24/2023 | 864 |  |
| 1695 6946482, 5.89%, 2/21/2025<sup>(e)</sup> | 8/24/2023 | 1693 | 2 |
| 1796 6949021, 5.20%, 2/22/2025<sup>(e)</sup> | 8/25/2023 | 1790 | 1 |
| 5086 6949765, 5.14%, 2/22/2025<sup>(e)</sup> | 8/25/2023 | 5082 | 243 |
| 2087 6950345, 5.21%, 2/23/2025<sup>(e)</sup> | 8/28/2023 | 2086 |  |
| 1623 6951451, 5.14%, 2/23/2025<sup>(e)</sup> | 8/28/2023 | 1622 |  |
| 4413 6955377, 4.45%, 2/24/2025<sup>(e)</sup> | 8/29/2023 | 4410 | 7 |
| 4066 6958530, 5.92%, 2/25/2025<sup>(e)</sup> | 8/30/2023 | 4063 | 2 |
| 1465 6959286, 5.22%, 2/25/2025<sup>(e)</sup> | 8/30/2023 | 1463 | 1 |
| 4103 6959571, 4.73%, 2/25/2025<sup>(e)</sup> | 8/30/2023 | 4101 | 1 |
| 11288 6962858, 4.73%, 2/26/2025<sup>(e)</sup> | 8/31/2023 | 11285 | 4 |
| 2521 6963271, 5.20%, 2/27/2025<sup>(e)</sup> | 8/31/2023 | 2518 | 1 |
| 5681 6963600, 5.15%, 2/27/2025<sup>(e)</sup> | 8/31/2023 | 5654 | 3 |
| 177 6963931, 5.24%, 2/28/2025<sup>(e)</sup> | 8/31/2023 | 177 |  |
| 1359 6964090, 5.50%, 2/28/2025<sup>(e)</sup> | 8/31/2023 | 1358 |  |
| 17886 6965352, 5.99%, 2/28/2025<sup>(e)</sup> | 8/31/2023 | 17851 | 726 |
| 2859 6967024, 5.51%, 2/28/2025<sup>(e)</sup> | 8/31/2023 | 2857 | 2 |
| 5204 6967628, 5.21%, 2/28/2025<sup>(e)</sup> | 9/1/2023 | 5202 | 1 |
| 12584 6968314, 5.15%, 2/28/2025<sup>(e)</sup> | 9/1/2023 | 12574 | 5 |
| 4095 6969469, 5.33%, 2/28/2025<sup>(e)</sup> | 9/1/2023 | 4092 | 1 |
| 26809 6970046, 4.53%, 2/28/2025<sup>(e)</sup> | 9/1/2023 | 26798 | 7 |
| 1968 6971959, 5.52%, 2/28/2025<sup>(e)</sup> | 9/5/2023 | 1967 | 2 |
| 853 6972141, 5.96%, 2/28/2025<sup>(e)</sup> | 9/5/2023 | 852 |  |
| 2479 6972595, 5.77%, 2/28/2025<sup>(e)</sup> | 9/5/2023 | 2471 | 2 |
| 11096 6973119, 4.97%, 2/28/2025<sup>(e)</sup> | 9/5/2023 | 11069 | 14 |
| 1050 6979770, 5.25%, 2/28/2025<sup>(e)</sup> | 9/6/2023 | 1049 |  |
| 1639 6984384, 5.38%, 3/1/2025<sup>(e)</sup> | 9/7/2023 | 1639 | 1 |

---

*See Notes to Financial Statements.*

66 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1459 6985575, 5.18%, 3/3/2025<sup>(e)</sup> | 9/8/2023 | 1458 | 2 |
| 4285 6985597, 5.56%, 3/3/2025<sup>(e)</sup> | 9/8/2023 | 4282 | 1 |
| 4185 6985670, 6.05%, 3/3/2025<sup>(e)</sup> | 9/8/2023 | 4179 | 2 |
| 2007 6987030, 5.36%, 3/4/2025<sup>(e)</sup> | 9/8/2023 | 2006 |  |
| 22455 6989240, 5.17%, 3/5/2025<sup>(e)</sup> | 9/8/2023 | 22447 | 3 |
| 8103 6990588, 6.02%, 3/6/2025<sup>(e)</sup> | 9/11/2023 | 8081 | 7 |
| 7442 6990973, 5.78%, 3/6/2025<sup>(e)</sup> | 9/11/2023 | 7413 | 172 |
| 6313 6991309, 6.03%, 3/6/2025<sup>(e)</sup> | 9/11/2023 | 6303 | 1 |
| 2955 6991651, 5.53%, 3/6/2025<sup>(e)</sup> | 9/11/2023 | 2951 | 1 |
| 1849 6993164, 4.46%, 3/6/2025<sup>(e)</sup> | 9/11/2023 | 1841 | 3 |
| 239 6997298, 4.57%, 3/7/2025<sup>(e)</sup> | 9/12/2023 | 239 |  |
| 26670 7002304, 5.56%, 3/8/2025<sup>(e)</sup> | 9/14/2023 | 26565 | 52 |
| 2357 7003765, 5.25%, 3/10/2025<sup>(e)</sup> | 9/14/2023 | 2356 | 3 |
| 3553 7003785, 5.36%, 3/10/2025<sup>(e)</sup> | 9/14/2023 | 3550 | 240 |
| 672 7005459, 5.80%, 3/11/2025<sup>(e)</sup> | 9/14/2023 | 672 | 1 |
| 805 7005889, 4.98%, 3/11/2025<sup>(e)</sup> | 9/14/2023 | 805 | 2 |
| 1995 7006070, 6.18%, 3/11/2025<sup>(e)</sup> | 9/14/2023 | 1993 | 2 |
| 8135 7006302, 4.74%, 3/11/2025<sup>(e)</sup> | 9/14/2023 | 8133 | 11 |
| 410 7006615, 6.02%, 3/11/2025<sup>(e)</sup> | 9/14/2023 | 408 |  |
| 1118 7010030, 5.79%, 3/12/2025<sup>(e)</sup> | 9/15/2023 | 1118 | 1 |
| 1641 7011821, 4.46%, 3/13/2025<sup>(e)</sup> | 9/18/2023 | 1640 | 2 |
| 1693 7016550, 4.75%, 3/14/2025<sup>(e)</sup> | 9/19/2023 | 1688 | 6 |
| 3187 7022046, 5.19%, 3/15/2025<sup>(e)</sup> | 9/20/2023 | 3185 | 4 |
| 16591 7022109, 6.05%, 3/15/2025<sup>(e)</sup> | 9/20/2023 | 16578 | 15 |
| 281 7024059, 6.04%, 3/15/2025<sup>(e)</sup> | 9/20/2023 | 281 |  |
| 1117 7025005, 6.04%, 3/16/2025<sup>(e)</sup> | 9/21/2023 | 1117 | 1 |
| 91 7025257, 4.52%, 3/16/2025<sup>(e)</sup> | 9/21/2023 | 92 |  |
| 3212 7027415, 6.18%, 3/18/2025<sup>(e)</sup> | 9/21/2023 | 3210 | 6 |
| 8537 7028904, 4.98%, 3/18/2025<sup>(e)</sup> | 9/21/2023 | 8534 | 7 |
| 1028 7029991, 5.17%, 3/18/2025<sup>(e)</sup> | 9/21/2023 | 1028 | 97 |
| 16340 7030066, 5.35%, 3/18/2025<sup>(e)</sup> | 9/21/2023 | 16326 | 1547 |
| 3539 7030448, 5.35%, 3/19/2025<sup>(e)</sup> | 9/22/2023 | 3537 | 4 |
| 961 7031726, 5.24%, 3/19/2025<sup>(e)</sup> | 9/22/2023 | 961 | 1 |
| 7214 7033434, 5.93%, 3/19/2025<sup>(e)</sup> | 9/22/2023 | 7210 | 7 |
| 1941 7033749, 5.23%, 3/19/2025<sup>(e)</sup> | 9/22/2023 | 1939 | 2 |
| 3795 7041483, 5.18%, 3/21/2025<sup>(e)</sup> | 9/26/2023 | 3792 | 4 |
| 905 7042928, 5.81%, 3/21/2025<sup>(e)</sup> | 9/26/2023 | 904 | 2 |
| 6193 7043433, 5.56%, 3/21/2025<sup>(e)</sup> | 9/26/2023 | 6177 | 7 |
| 5654 7045841, 5.25%, 3/22/2025<sup>(e)</sup> | 9/27/2023 | 5652 | 7 |
| 3006 7046738, 5.18%, 3/22/2025<sup>(e)</sup> | 9/27/2023 | 3005 | 3 |
| 836 7048088, 5.53%, 3/24/2025<sup>(e)</sup> | 9/28/2023 | 836 | 1 |
| 896 7050979, 6.03%, 3/25/2025<sup>(e)</sup> | 9/28/2023 | 893 | 1 |
| 3027 7051557, 4.73%, 3/25/2025<sup>(e)</sup> | 9/28/2023 | 3026 | 9 |
| 670 7052670, 5.24%, 3/25/2025<sup>(e)</sup> | 9/28/2023 | 669 | 49 |
| 3058 7056043, 5.78%, 3/27/2025<sup>(e)</sup> | 10/2/2023 | 3057 | 3 |
| 1076 7061819, 5.37%, 3/28/2025<sup>(e)</sup> | 10/3/2023 | 1073 | 3 |
| 3332 7064932, 5.55%, 3/29/2025<sup>(e)</sup> | 10/4/2023 | 3328 | 5 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 67

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1960 7066652, 5.55%, 3/29/2025<sup>(e)</sup> | 10/4/2023 | 1959 | 1 |
| 4005 7068289, 4.75%, 3/30/2025<sup>(e)</sup> | 10/5/2023 | 3998 | 435 |
| 429 7068382, 5.79%, 3/30/2025<sup>(e)</sup> | 10/5/2023 | 429 |  |
| 1303 7068485, 5.81%, 3/30/2025<sup>(e)</sup> | 10/5/2023 | 1301 | 2 |
| 6167 7069189, 5.54%, 4/1/2025<sup>(e)</sup> | 10/5/2023 | 6163 | 7 |
| 115 7070204, 5.53%, 4/2/2025<sup>(e)</sup> | 10/5/2023 | 113 | 13 |
| 2462 7072347, 5.92%, 4/2/2025<sup>(e)</sup> | 10/5/2023 | 2459 | 6 |
| 7814 7072415, 4.45%, 4/2/2025<sup>(e)</sup> | 10/5/2023 | 7811 | 8 |
| 6350 7075737, 5.16%, 4/3/2025<sup>(e)</sup> | 10/6/2023 | 6348 | 11 |
| 10554 7078463, 5.53%, 4/4/2025<sup>(e)</sup> | 10/10/2023 | 10545 | 12 |
| 1732 7080568, 6.16%, 4/4/2025<sup>(e)</sup> | 10/10/2023 | 1730 | 1 |
| 1966 7085907, 6.21%, 4/5/2025<sup>(e)</sup> | 10/11/2023 | 1966 | 2 |
| 7737 7087787, 5.96%, 4/5/2025<sup>(e)</sup> | 10/11/2023 | 7731 | 8 |
| 519 7088101, 6.20%, 4/5/2025<sup>(e)</sup> | 10/11/2023 | 519 | 1 |
| 1522 7096978, 5.16%, 4/10/2025<sup>(e)</sup> | 10/13/2023 | 1520 | 2 |
| 797 7097648, 4.97%, 4/10/2025<sup>(e)</sup> | 10/13/2023 | 783 | 1 |
| 938 7100239, 6.04%, 4/11/2025<sup>(e)</sup> | 10/16/2023 | 937 | 1 |
| 7421 7102508, 4.54%, 4/11/2025<sup>(e)</sup> | 10/16/2023 | 7415 | 16 |
| 809 7102708, 5.77%, 4/11/2025<sup>(e)</sup> | 10/16/2023 | 809 | 2 |
| 5231 7102939, 4.45%, 4/11/2025<sup>(e)</sup> | 10/16/2023 | 5227 | 7 |
| 3882 7111738, 5.24%, 4/13/2025<sup>(e)</sup> | 10/18/2023 | 3879 | 8 |
| 12183 7113251, 4.46%, 4/15/2025<sup>(e)</sup> | 10/19/2023 | 12177 | 30 |
| 1913 7114117, 6.16%, 4/16/2025<sup>(e)</sup> | 10/19/2023 | 1912 | 2 |
| 5971 7115325, 5.15%, 4/16/2025<sup>(e)</sup> | 10/19/2023 | 5970 | 7 |
| 4617 7116331, 6.01%, 4/16/2025<sup>(e)</sup> | 10/19/2023 | 4613 | 6 |
| 6347 7122008, 4.45%, 4/18/2025<sup>(e)</sup> | 10/23/2023 | 6344 | 18 |
| 1056 7125268, 5.54%, 4/18/2025<sup>(e)</sup> | 10/23/2023 | 1055 | 1 |
| 2096 7134615, 5.94%, 4/19/2025<sup>(e)</sup> | 10/24/2023 | 2095 | 1 |
| 1171 7135607, 5.25%, 4/19/2025<sup>(e)</sup> | 10/24/2023 | 1170 | 1 |
| 851 7139780, 5.25%, 4/20/2025<sup>(e)</sup> | 10/25/2023 | 850 | 1 |
| 23691 7141666, 5.18%, 4/21/2025<sup>(e)</sup> | 10/26/2023 | 23682 | 35 |
| 1083 7142218, 6.03%, 4/21/2025<sup>(e)</sup> | 10/26/2023 | 1082 | 1 |
| 10174 7142271, 4.74%, 4/21/2025<sup>(e)</sup> | 10/26/2023 | 10164 | 987 |
| 22870 7145697, 4.45%, 4/23/2025<sup>(e)</sup> | 10/26/2023 | 22862 | 47 |
| 484 7147356, 4.54%, 4/23/2025<sup>(e)</sup> | 10/26/2023 | 484 | 1 |
| 576 7147378, 5.77%, 4/23/2025<sup>(e)</sup> | 10/26/2023 | 575 | 83 |
| 986 7148646, 6.16%, 4/24/2025<sup>(e)</sup> | 10/27/2023 | 986 |  |
| 875 7149434, 5.16%, 4/24/2025<sup>(e)</sup> | 10/27/2023 | 874 | 3 |
| 727 7150034, 5.52%, 4/24/2025<sup>(e)</sup> | 10/27/2023 | 726 | 2 |
| 1231 7151486, 5.33%, 4/24/2025<sup>(e)</sup> | 10/27/2023 | 1230 | 2 |
| 4583 7152644, 4.97%, 4/25/2025<sup>(e)</sup> | 10/30/2023 | 4579 | 15 |
| 1831 7157944, 5.35%, 4/26/2025<sup>(e)</sup> | 10/31/2023 | 1830 | 18 |
| 6440 7159506, 4.75%, 4/26/2025<sup>(e)</sup> | 10/31/2023 | 6435 | 16 |
| 2778 7159827, 6.20%, 4/26/2025<sup>(e)</sup> | 10/31/2023 | 2777 | 2 |
| 31415 7159855, 5.54%, 4/26/2025<sup>(e)</sup> | 10/31/2023 | 31404 | 23 |
| 5619 7161438, 6.04%, 4/27/2025<sup>(e)</sup> | 11/1/2023 | 5616 | 13 |

---

*See Notes to Financial Statements.*

68 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1690 7161993, 6.19%, 4/27/2025<sup>(e)</sup> | 11/1/2023 | 1689 | 3 |
| 3336 7162068, 6.18%, 4/27/2025<sup>(e)</sup> | 11/1/2023 | 3333 | 1 |
| 6780 7163468, 4.99%, 4/27/2025<sup>(e)</sup> | 11/1/2023 | 6778 | 15 |
| 408 7164032, 5.36%, 4/27/2025<sup>(e)</sup> | 11/1/2023 | 406 | 1 |
| 1612 7165298, 4.82%, 4/29/2025<sup>(e)</sup> | 11/2/2023 | 1610 | 179 |
| 2257 7166328, 5.61%, 4/30/2025<sup>(e)</sup> | 11/2/2023 | 2256 | 1 |
| 523 7167485, 4.29%, 4/30/2025<sup>(e)</sup> | 11/2/2023 | 521 | 1 |
| 37903 7167920, 5.18%, 4/30/2025<sup>(e)</sup> | 11/2/2023 | 37891 | 58 |
| 1559 7169765, 5.00%, 4/30/2025<sup>(e)</sup> | 11/2/2023 | 1557 | 2 |
| 5504 7169843, 4.99%, 4/30/2025<sup>(e)</sup> | 11/2/2023 | 5502 | 13 |
| 4053 7170238, 5.00%, 4/30/2025<sup>(e)</sup> | 11/3/2023 | 4047 | 720 |
| 24248 7170276, 5.19%, 4/30/2025<sup>(e)</sup> | 11/3/2023 | 24240 | 21 |
| 4008 7170738, 5.77%, 4/30/2025<sup>(e)</sup> | 11/3/2023 | 4005 | 6 |
| 712 7171351, 5.76%, 4/30/2025<sup>(e)</sup> | 11/3/2023 | 711 | 3 |
| 4012 7173256, 5.19%, 4/30/2025<sup>(e)</sup> | 11/3/2023 | 4010 | 39 |
| 11940 7174510, 4.82%, 5/1/2025<sup>(e)</sup> | 11/6/2023 | 11911 | 27 |
| 8198 7175599, 5.37%, 5/1/2025<sup>(e)</sup> | 11/6/2023 | 8173 | 18 |
| 2181 7177155, 5.18%, 5/1/2025<sup>(e)</sup> | 11/6/2023 | 2179 | 2 |
| 87 7177289, 6.01%, 5/1/2025<sup>(e)</sup> | 11/6/2023 | 86 |  |
| 8529 7183245, 5.39%, 5/2/2025<sup>(e)</sup> | 11/7/2023 | 8520 | 24 |
| 742 7184167, 5.79%, 5/3/2025<sup>(e)</sup> | 11/8/2023 | 739 | 132 |
| 6477 7186250, 5.64%, 5/3/2025<sup>(e)</sup> | 11/8/2023 | 6475 | 28 |
| 10533 7187993, 5.08%, 5/4/2025<sup>(e)</sup> | 11/9/2023 | 10505 | 37 |
| 1745 7192477, 5.87%, 5/6/2025<sup>(e)</sup> | 11/9/2023 | 1744 | 1 |
| 3553 7192596, 5.00%, 5/6/2025<sup>(e)</sup> | 11/9/2023 | 3552 | 3 |
| 543 7196006, 4.36%, 5/7/2025<sup>(e)</sup> | 11/13/2023 | 543 | 1 |
| 553 7196351, 4.30%, 5/7/2025<sup>(e)</sup> | 11/13/2023 | 549 | 53 |
| 10418 7196480, 5.19%, 5/7/2025<sup>(e)</sup> | 11/13/2023 | 10386 | 18 |
| 2851 7199798, 5.95%, 5/8/2025<sup>(e)</sup> | 11/13/2023 | 2843 | 6 |
| 693 7203279, 5.54%, 5/9/2025<sup>(e)</sup> | 11/14/2023 | 691 | 2 |
| 13988 7205600, 4.92%, 5/9/2025<sup>(e)</sup> | 11/14/2023 | 13983 | 33 |
| 390 7207479, 4.71%, 5/10/2025<sup>(e)</sup> | 11/15/2023 | 387 | 1 |
| 172 7210797, 4.92%, 5/10/2025<sup>(e)</sup> | 11/15/2023 | 170 |  |
| 1001 7212684, 5.41%, 5/12/2025<sup>(e)</sup> | 11/16/2023 | 998 | 2 |
| 817 7217901, 5.69%, 5/14/2025<sup>(e)</sup> | 11/17/2023 | 815 | 2 |
| 1518 7218601, 5.52%, 5/14/2025<sup>(e)</sup> | 11/17/2023 | 1517 | 6 |
| 1068 7224224, 5.95%, 5/15/2025<sup>(e)</sup> | 11/20/2023 | 1067 | 1 |
| 3726 7226926, 5.72%, 5/16/2025<sup>(e)</sup> | 11/21/2023 | 3725 | 6 |
| 10396 7227629, 4.64%, 5/16/2025<sup>(e)</sup> | 11/21/2023 | 10391 | 2131 |
| 524 7228053, 5.43%, 5/16/2025<sup>(e)</sup> | 11/21/2023 | 524 | 1 |
| 2606 7230213, 5.54%, 5/16/2025<sup>(e)</sup> | 11/21/2023 | 2605 | 5 |
| 298 7230821, 5.43%, 5/16/2025<sup>(e)</sup> | 11/21/2023 | 298 | 1 |
| 1008 7232539, 6.21%, 5/17/2025<sup>(e)</sup> | 11/22/2023 | 1007 | 2 |
| 6156 7233151, 4.92%, 5/17/2025<sup>(e)</sup> | 11/22/2023 | 6154 | 10 |
| 695 7235607, 5.16%, 5/19/2025<sup>(e)</sup> | 11/24/2023 | 694 | 60 |
| 468 7236721, 5.14%, 5/20/2025<sup>(e)</sup> | 11/24/2023 | 466 | 1 |
| 5534 7238614, 5.70%, 5/20/2025<sup>(e)</sup> | 11/24/2023 | 5510 | 7 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 69

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 14481 7239377, 4.90%, 5/20/2025<sup>(e)</sup> | 11/24/2023 | 14452 | 43 |
| 1422 7242332, 5.51%, 5/21/2025<sup>(e)</sup> | 11/27/2023 | 1421 | 1 |
| 44 7242491, 5.16%, 5/21/2025<sup>(e)</sup> | 11/27/2023 | 39 |  |
| 8419 7243451, 4.63%, 5/21/2025<sup>(e)</sup> | 11/27/2023 | 8408 | 1912 |
| 2924 7248504, 5.37%, 5/22/2025<sup>(e)</sup> | 11/28/2023 | 2922 | 10 |
| 86 7248759, 5.40%, 5/22/2025<sup>(e)</sup> | 11/28/2023 | 85 | 1 |
| 691 7249329, 5.73%, 5/22/2025<sup>(e)</sup> | 11/28/2023 | 690 | 3 |
| 1903 7249346, 5.40%, 5/22/2025<sup>(e)</sup> | 11/28/2023 | 1902 | 8 |
| 552 7251113, 4.65%, 5/22/2025<sup>(e)</sup> | 11/28/2023 | 552 | 2 |
| 875 7251337, 5.39%, 5/23/2025<sup>(e)</sup> | 11/29/2023 | 873 | 175 |
| 1358 7251476, 4.93%, 5/23/2025<sup>(e)</sup> | 11/29/2023 | 1356 | 4 |
| 778 7251568, 5.40%, 5/23/2025<sup>(e)</sup> | 11/29/2023 | 772 | 31 |
| 2280 7251579, 5.74%, 5/23/2025<sup>(e)</sup> | 11/29/2023 | 2275 | 5 |
| 4393 7253203, 4.83%, 5/24/2025<sup>(e)</sup> | 11/29/2023 | 4390 | 998 |
| 6288 7254713, 5.39%, 5/25/2025<sup>(e)</sup> | 11/30/2023 | 6286 | 9 |
| 321 7254900, 6.12%, 5/25/2025<sup>(e)</sup> | 11/30/2023 | 321 | 1 |
| 11108 7255046, 5.39%, 5/25/2025<sup>(e)</sup> | 11/30/2023 | 11086 | 31 |
| 2966 7255085, 5.17%, 5/25/2025<sup>(e)</sup> | 11/30/2023 | 2964 | 13 |
| 7326 7255938, 5.20%, 5/25/2025<sup>(e)</sup> | 11/30/2023 | 7323 | 19 |
| 8226 7256148, 4.84%, 5/25/2025<sup>(e)</sup> | 11/30/2023 | 8224 | 12 |
| 1856 7256348, 5.87%, 5/26/2025<sup>(e)</sup> | 11/30/2023 | 1855 | 4 |
| 2565 7256641, 5.35%, 5/26/2025<sup>(e)</sup> | 11/30/2023 | 2565 | 6 |
| 10530 7261160, 6.19%, 5/28/2025<sup>(e)</sup> | 12/1/2023 | 10522 | 25 |
| 4579 7263173, 4.38%, 5/28/2025<sup>(e)</sup> | 12/1/2023 | 4576 | 10 |
| 10013 7263175, 5.00%, 5/28/2025<sup>(e)</sup> | 12/1/2023 | 10010 | 1786 |
| 6960 7263179, 4.29%, 5/28/2025<sup>(e)</sup> | 12/1/2023 | 6957 | 24 |
| 20251 7263180, 5.00%, 5/28/2025<sup>(e)</sup> | 12/1/2023 | 20243 | 4168 |
| 820 7265168, 6.02%, 5/29/2025<sup>(e)</sup> | 12/4/2023 | 817 | 3 |
| 2503 7265649, 5.78%, 5/29/2025<sup>(e)</sup> | 12/4/2023 | 2495 | 10 |
| 868 7273705, 5.96%, 5/30/2025<sup>(e)</sup> | 12/5/2023 | 867 | 4 |
| 4825 7274553, 5.37%, 6/1/2025<sup>(e)</sup> | 12/6/2023 | 4822 | 10 |
| 6639 7276671, 4.99%, 6/1/2025<sup>(e)</sup> | 12/6/2023 | 6629 | 39 |
| 651 7278691, 5.36%, 6/3/2025<sup>(e)</sup> | 12/7/2023 | 650 | 67 |
| 15065 7280330, 5.34%, 6/4/2025<sup>(e)</sup> | 12/7/2023 | 15055 | 30 |
| 14855 7281241, 4.73%, 6/4/2025<sup>(e)</sup> | 12/7/2023 | 14849 | 23 |
| 1563 7281473, 5.52%, 6/4/2025<sup>(e)</sup> | 12/7/2023 | 1562 | 3 |
| 480 7290690, 4.97%, 6/6/2025<sup>(e)</sup> | 12/11/2023 | 476 | 117 |
| 111 7293788, 5.54%, 6/7/2025<sup>(e)</sup> | 12/12/2023 | 107 | 9 |
| 5784 7295748, 5.54%, 6/7/2025<sup>(e)</sup> | 12/12/2023 | 5782 | 495 |
| 27154 7297777, 5.79%, 6/7/2025<sup>(e)</sup> | 12/12/2023 | 27145 | 27 |
| 16187 7298051, 4.99%, 6/8/2025<sup>(e)</sup> | 12/13/2023 | 16175 | 79 |
| 3201 7300430, 5.24%, 6/8/2025<sup>(e)</sup> | 12/13/2023 | 3199 | 10 |
| 9605 7301694, 4.75%, 6/9/2025<sup>(e)</sup> | 12/14/2023 | 9592 | 21 |
| 1358 7302591, 5.53%, 6/10/2025<sup>(e)</sup> | 12/14/2023 | 1357 | 3 |
| 5103 7304634, 5.16%, 6/11/2025<sup>(e)</sup> | 12/14/2023 | 5096 | 11 |
| 2649 7306700, 6.02%, 6/11/2025<sup>(e)</sup> | 12/14/2023 | 2647 | 6 |

---

*See Notes to Financial Statements.*

70 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2944 7308125, 6.18%, 6/12/2025<sup>(e)</sup> | 12/15/2023 | 2942 | 3 |
| 2919 7314581, 5.34%, 6/12/2025<sup>(e)</sup> | 12/15/2023 | 2917 | 290 |
| 706 7320743, 6.03%, 6/14/2025<sup>(e)</sup> | 12/19/2023 | 705 | 4 |
| 3637 7320866, 5.18%, 6/14/2025<sup>(e)</sup> | 12/19/2023 | 3636 | 12 |
| 2306 7321341, 5.17%, 6/14/2025<sup>(e)</sup> | 12/19/2023 | 2304 | 501 |
| 5645 7323615, 5.17%, 6/14/2025<sup>(e)</sup> | 12/19/2023 | 5641 | 15 |
| 139 7323944, 5.24%, 6/14/2025<sup>(e)</sup> | 12/19/2023 | 138 | 26 |
| 13113 7329006, 5.36%, 6/16/2025<sup>(e)</sup> | 12/21/2023 | 13073 | 34 |
| 2642 7329549, 5.22%, 6/17/2025<sup>(e)</sup> | 12/21/2023 | 2641 | 5 |
| 842 7333966, 5.34%, 6/18/2025<sup>(e)</sup> | 12/21/2023 | 841 | 8 |
| 1304 7337210, 6.03%, 6/19/2025<sup>(e)</sup> | 12/22/2023 | 1304 | 3 |
| 1765 7339608, 4.45%, 6/20/2025<sup>(e)</sup> | 12/26/2023 | 1759 | 13 |
| 4309 7339647, 5.53%, 6/20/2025<sup>(e)</sup> | 12/26/2023 | 4308 | 19 |
| 7172 7345162, 5.25%, 6/21/2025<sup>(e)</sup> | 12/27/2023 | 7168 | 15 |
| 357 7346468, 5.80%, 6/21/2025<sup>(e)</sup> | 12/27/2023 | 355 | 1 |
| 7029 7347032, 5.96%, 6/21/2025<sup>(e)</sup> | 12/27/2023 | 7026 | 7 |
| 1708 7347387, 5.38%, 6/21/2025<sup>(e)</sup> | 12/27/2023 | 1708 | 12 |
| 34450 7347417, 5.00%, 6/21/2025<sup>(e)</sup> | 12/27/2023 | 34432 | 170 |
| 5765 7349267, 5.80%, 6/22/2025<sup>(e)</sup> | 12/28/2023 | 5762 | 22 |
| 911 7352162, 4.76%, 6/23/2025<sup>(e)</sup> | 12/29/2023 | 909 | 3 |
| 1191 7352276, 5.25%, 6/23/2025<sup>(e)</sup> | 12/29/2023 | 1190 | 4 |
| 4253 7359212, 5.52%, 6/27/2025<sup>(e)</sup> | 1/2/2024 | 4236 | 11 |
| 8727 7359603, 4.73%, 6/27/2025<sup>(e)</sup> | 1/2/2024 | 8712 | 2546 |
| 2297 7364214, 5.79%, 6/28/2025<sup>(e)</sup> | 1/3/2024 | 2296 | 9 |
| 1822 7365521, 4.99%, 6/28/2025<sup>(e)</sup> | 1/3/2024 | 1821 | 5 |
| 696 7369096, 6.05%, 6/29/2025<sup>(e)</sup> | 1/4/2024 | 694 | 192 |
| 260 7371088, 4.75%, 6/30/2025<sup>(e)</sup> | 1/5/2024 | 259 | 2 |
| 8050 7375040, 5.17%, 7/2/2025<sup>(e)</sup> | 1/5/2024 | 8047 | 28 |
| 540 7376390, 4.74%, 7/3/2025<sup>(e)</sup> | 1/8/2024 | 537 | 134 |
| 284 7377370, 4.74%, 7/3/2025<sup>(e)</sup> | 1/8/2024 | 283 | 53 |
| 2088 7380817, 5.80%, 7/4/2025<sup>(e)</sup> | 1/9/2024 | 2087 | 11 |
| 1262 7382928, 4.47%, 7/4/2025<sup>(e)</sup> | 1/9/2024 | 1262 | 4 |
| 2595 7383097, 6.20%, 7/4/2025<sup>(e)</sup> | 1/9/2024 | 2591 | 11 |
| 798 7385549, 4.56%, 7/5/2025<sup>(e)</sup> | 1/10/2024 | 797 | 5 |
| 1141 7386038, 5.96%, 7/5/2025<sup>(e)</sup> | 1/10/2024 | 1140 | 5 |
| 980 7386312, 5.38%, 7/5/2025<sup>(e)</sup> | 1/10/2024 | 980 | 4 |
| 431 7386967, 6.05%, 7/6/2025<sup>(e)</sup> | 1/11/2024 | 429 | 150 |
| 2094 7403759, 4.48%, 7/12/2025<sup>(e)</sup> | 1/18/2024 | 2093 | 11 |
| 5370 7404180, 5.97%, 7/12/2025<sup>(e)</sup> | 1/18/2024 | 5368 | 8 |
| 11955 7407178, 5.55%, 7/14/2025<sup>(e)</sup> | 1/19/2024 | 11948 | 106 |
| 947 7407334, 5.97%, 7/14/2025<sup>(e)</sup> | 1/19/2024 | 945 | 3 |
| 3826 7407341, 4.57%, 7/14/2025<sup>(e)</sup> | 1/19/2024 | 3824 | 19 |
| 562 7407757, 5.56%, 7/14/2025<sup>(e)</sup> | 1/19/2024 | 560 | 4 |
| 2793 7408333, 6.04%, 7/15/2025<sup>(e)</sup> | 1/19/2024 | 2790 | 17 |
| 465 7409261, 5.18%, 7/16/2025<sup>(e)</sup> | 1/19/2024 | 464 | 43 |
| 20855 7409549, 5.54%, 7/16/2025<sup>(e)</sup> | 1/19/2024 | 20843 | 92 |
| 2015 7410813, 6.02%, 7/16/2025<sup>(e)</sup> | 1/19/2024 | 2013 | 11 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 71

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1315 7411639, 5.21%, 7/17/2025<sup>(e)</sup> | 1/22/2024 | 1313 | 7 |
| 29976 7417515, 6.05%, 7/18/2025<sup>(e)</sup> | 1/23/2024 | 29959 | 213 |
| 31787 7421649, 5.37%, 7/19/2025<sup>(e)</sup> | 1/24/2024 | 31770 | 212 |
| 249 7423864, 5.16%, 7/22/2025<sup>(e)</sup> | 1/25/2024 | 248 | 27 |
| 430 7427308, 5.17%, 7/22/2025<sup>(e)</sup> | 1/26/2024 | 410 | 46 |
| 6156 7429683, 5.23%, 7/23/2025<sup>(e)</sup> | 1/26/2024 | 6137 | 23 |
| 3829 7432639, 4.55%, 7/24/2025<sup>(e)</sup> | 1/29/2024 | 3827 | 13 |
| 1584 7442220, 5.94%, 7/27/2025<sup>(e)</sup> | 2/1/2024 | 1584 | 3 |
| 13996 7443060, 6.04%, 7/28/2025<sup>(e)</sup> | 2/1/2024 | 13987 | 57 |
| 16585 7452859, 5.17%, 7/31/2025<sup>(e)</sup> | 2/5/2024 | 16578 | 138 |
| 16224 7459301, 4.75%, 8/1/2025<sup>(e)</sup> | 2/6/2024 | 16217 | 180 |
| 2742 7461449, 5.56%, 8/2/2025<sup>(e)</sup> | 2/7/2024 | 2741 | 19 |
| 7051 7461939, 4.48%, 8/2/2025<sup>(e)</sup> | 2/7/2024 | 7049 | 60 |
| 327 7462061, 6.08%, 8/2/2025<sup>(e)</sup> | 2/7/2024 | 326 | 21 |
| 355 7462096, 6.06%, 8/2/2025<sup>(e)</sup> | 2/7/2024 | 354 | 2 |
| 2424 7462925, 5.00%, 8/3/2025<sup>(e)</sup> | 2/8/2024 | 2423 | 874 |
| 3003 7463085, 4.75%, 8/3/2025<sup>(e)</sup> | 2/8/2024 | 2997 | 23 |
| 928 7463419, 5.36%, 8/3/2025<sup>(e)</sup> | 2/8/2024 | 928 | 252 |
| 5769 7465201, 5.54%, 8/5/2025<sup>(e)</sup> | 2/8/2024 | 5766 | 61 |
| 5804 7467447, 4.55%, 8/5/2025<sup>(e)</sup> | 2/8/2024 | 5798 | 48 |
| 2177 7468114, 4.98%, 8/5/2025<sup>(e)</sup> | 2/8/2024 | 2171 | 27 |
| 398 7468568, 5.55%, 8/6/2025<sup>(e)</sup> | 2/9/2024 | 397 | 4 |
| 992 7474144, 4.74%, 8/7/2025<sup>(e)</sup> | 2/12/2024 | 989 | 373 |
| 40321 7476733, 5.00%, 8/8/2025<sup>(e)</sup> | 2/13/2024 | 40305 | 330 |
| 5778 7478287, 6.05%, 8/8/2025<sup>(e)</sup> | 2/13/2024 | 5773 | 33 |
| 3765 7482511, 6.05%, 8/9/2025<sup>(e)</sup> | 2/14/2024 | 3755 | 504 |
| 1249 7483133, 5.37%, 8/9/2025<sup>(e)</sup> | 2/14/2024 | 1249 | 13 |
| 2671 7483546, 5.00%, 8/10/2025<sup>(e)</sup> | 2/15/2024 | 2667 | 22 |
| 631 7484695, 6.04%, 8/11/2025<sup>(e)</sup> | 2/15/2024 | 630 | 6 |
| 3150 7488952, 5.35%, 8/13/2025<sup>(e)</sup> | 2/16/2024 | 3149 | 16 |
| 7916 7489023, 6.18%, 8/13/2025<sup>(e)</sup> | 2/16/2024 | 7909 | 69 |
| 4312 7489478, 5.78%, 8/13/2025<sup>(e)</sup> | 2/16/2024 | 4306 | 41 |
| 573 7490085, 5.35%, 8/13/2025<sup>(e)</sup> | 2/16/2024 | 570 | 85 |
| 3742 7490278, 4.74%, 8/13/2025<sup>(e)</sup> | 2/16/2024 | 3737 | 549 |
| 950 7500391, 5.38%, 8/15/2025<sup>(e)</sup> | 2/21/2024 | 948 | 176 |
| 2724 7500969, 5.81%, 8/15/2025<sup>(e)</sup> | 2/21/2024 | 2723 | 27 |
| 3598 7504640, 5.82%, 8/16/2025<sup>(e)</sup> | 2/22/2024 | 3596 | 22 |
| 2425 7505832, 5.57%, 8/16/2025<sup>(e)</sup> | 2/22/2024 | 2423 | 248 |
| 3094 7507700, 4.77%, 8/16/2025<sup>(e)</sup> | 2/22/2024 | 3093 | 32 |
| 17616 7509674, 5.38%, 8/17/2025<sup>(e)</sup> | 2/23/2024 | 17607 | 1225 |
| 36865 7512915, 4.98%, 8/20/2025<sup>(e)</sup> | 2/23/2024 | 36854 | 378 |
| 1541 7515244, 5.53%, 8/20/2025<sup>(e)</sup> | 2/23/2024 | 1540 | 14 |
| 3703 7515755, 5.36%, 8/20/2025<sup>(e)</sup> | 2/23/2024 | 3701 | 46 |
| 2719 7517229, 4.46%, 8/21/2025<sup>(e)</sup> | 2/26/2024 | 2715 | 29 |
| 887 7517926, 5.17%, 8/21/2025<sup>(e)</sup> | 2/26/2024 | 885 | 9 |
| 410 7518586, 5.17%, 8/21/2025<sup>(e)</sup> | 2/26/2024 | 404 | 181 |

---

*See Notes to Financial Statements.*

72 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1584 7519014, 5.78%, 8/21/2025<sup>(e)</sup> | 2/26/2024 | 1584 | 15 |
| 4182 7519060, 4.74%, 8/21/2025<sup>(e)</sup> | 2/26/2024 | 4141 | 1840 |
| 1286 7526449, 5.96%, 8/23/2025<sup>(e)</sup> | 2/28/2024 | 1285 | 5 |
| 1395 7526472, 5.26%, 8/23/2025<sup>(e)</sup> | 2/28/2024 | 1394 | 9 |
| 670 7526504, 6.20%, 8/23/2025<sup>(e)</sup> | 2/28/2024 | 666 | 4 |
| 1763 7526710, 6.20%, 8/23/2025<sup>(e)</sup> | 2/28/2024 | 1761 | 17 |
| 3866 7530476, 6.19%, 8/25/2025<sup>(e)</sup> | 2/29/2024 | 3859 | 26 |
| 640 7531598, 5.94%, 8/26/2025<sup>(e)</sup> | 2/29/2024 | 639 | 5 |
| 2785 7531832, 5.16%, 8/26/2025<sup>(e)</sup> | 2/29/2024 | 2785 | 16 |
| 1791 7532278, 5.16%, 8/26/2025<sup>(e)</sup> | 2/29/2024 | 1789 | 19 |
| 28169 7535814, 4.98%, 8/27/2025<sup>(e)</sup> | 3/1/2024 | 28152 | 9628 |
| 1248 7537124, 5.24%, 8/27/2025<sup>(e)</sup> | 3/1/2024 | 1246 | 12 |
| 5046 7540959, 5.35%, 8/28/2025<sup>(e)</sup> | 3/4/2024 | 5044 | 43 |
| 1486 7543539, 4.46%, 8/28/2025<sup>(e)</sup> | 3/4/2024 | 1485 | 11 |
| 39059 7546089, 5.19%, 8/29/2025<sup>(e)</sup> | 3/5/2024 | 39049 | 214 |
| 2198 7550235, 5.55%, 8/29/2025<sup>(e)</sup> | 3/5/2024 | 2197 | 23 |
| 3301 7554305, 4.74%, 9/1/2025<sup>(e)</sup> | 3/6/2024 | 3295 | 783 |
| 25932 7554798, 4.74%, 9/2/2025<sup>(e)</sup> | 3/7/2024 | 25925 | 201 |
| 10609 7555593, 4.98%, 9/2/2025<sup>(e)</sup> | 3/7/2024 | 10601 | 142 |
| 1817 7556360, 5.15%, 9/3/2025<sup>(e)</sup> | 3/7/2024 | 1817 | 14 |
| 3418 7557630, 5.15%, 9/4/2025<sup>(e)</sup> | 3/7/2024 | 3414 | 44 |
| 7744 7563081, 5.76%, 9/5/2025<sup>(e)</sup> | 3/8/2024 | 7740 | 51 |
| 12585 7565572, 5.33%, 9/6/2025<sup>(e)</sup> | 3/11/2024 | 12556 | 130 |
| 1148 7566488, 5.20%, 9/6/2025<sup>(e)</sup> | 3/11/2024 | 1147 | 15 |
| 2041 7568152, 5.14%, 9/6/2025<sup>(e)</sup> | 3/11/2024 | 2040 | 192 |
| 1250 7571547, 5.95%, 9/7/2025<sup>(e)</sup> | 3/12/2024 | 1250 | 3 |
| 1784 7578454, 4.74%, 9/9/2025<sup>(e)</sup> | 3/14/2024 | 1762 | 27 |
| 1570 7579382, 4.46%, 9/9/2025<sup>(e)</sup> | 3/14/2024 | 1569 | 23 |
| 2376 7580769, 5.53%, 9/11/2025<sup>(e)</sup> | 3/14/2024 | 2375 | 15 |
| 3380 7583859, 5.33%, 9/11/2025<sup>(e)</sup> | 3/14/2024 | 3378 | 42 |
| 1498 7586061, 5.51%, 9/12/2025<sup>(e)</sup> | 3/15/2024 | 1498 | 15 |
| 3001 7589416, 4.72%, 9/13/2025<sup>(e)</sup> | 3/18/2024 | 2997 | 45 |
| 1386 7590670, 4.53%, 9/13/2025<sup>(e)</sup> | 3/18/2024 | 1382 | 191 |
| 998 7595675, 5.17%, 9/14/2025<sup>(e)</sup> | 3/19/2024 | 986 | 10 |
| 292 7596259, 4.56%, 9/14/2025<sup>(e)</sup> | 3/19/2024 | 291 | 41 |
| 28641 7598157, 5.35%, 9/15/2025<sup>(e)</sup> | 3/20/2024 | 28633 | 230 |
| 752 7600372, 5.17%, 9/16/2025<sup>(e)</sup> | 3/21/2024 | 748 | 319 |
| 545 7601046, 4.54%, 9/17/2025<sup>(e)</sup> | 3/21/2024 | 544 | 4 |
| 1855 7602223, 5.76%, 9/18/2025<sup>(e)</sup> | 3/21/2024 | 1855 | 7 |
| 2834 7602781, 5.33%, 9/18/2025<sup>(e)</sup> | 3/21/2024 | 2829 | 40 |
| 999 7603753, 4.44%, 9/18/2025<sup>(e)</sup> | 3/21/2024 | 998 | 495 |
| 3215 7604000, 5.92%, 9/18/2025<sup>(e)</sup> | 3/21/2024 | 3213 | 19 |
| 498 7604717, 5.52%, 9/18/2025<sup>(e)</sup> | 3/21/2024 | 496 | 7 |
| 4380 7609475, 4.97%, 9/20/2025<sup>(e)</sup> | 3/25/2024 | 4378 | 67 |
| 3907 7611925, 5.33%, 9/20/2025<sup>(e)</sup> | 3/25/2024 | 3892 | 52 |
| 11142 7617343, 4.74%, 9/21/2025<sup>(e)</sup> | 3/26/2024 | 11139 | 122 |
| 1793 7618157, 5.36%, 9/22/2025<sup>(e)</sup> | 3/27/2024 | 1790 | 609 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 73

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 826 7618432, 4.74%, 9/22/2025<sup>(e)</sup> | 3/27/2024 | 825 | 160 |
| 258 7618739, 4.97%, 9/22/2025<sup>(e)</sup> | 3/27/2024 | 257 | 131 |
| 4121 7619307, 5.35%, 9/22/2025<sup>(e)</sup> | 3/27/2024 | 4110 | 659 |
| 1972 7619840, 5.54%, 9/22/2025<sup>(e)</sup> | 3/27/2024 | 1972 | 20 |
| 6846 7622257, 5.16%, 9/24/2025<sup>(e)</sup> | 3/28/2024 | 6842 | 81 |
| 648 7622530, 6.02%, 9/24/2025<sup>(e)</sup> | 3/28/2024 | 646 | 6 |
| 7586 7622566, 5.16%, 9/24/2025<sup>(e)</sup> | 3/28/2024 | 7578 | 105 |
| 4940 7627055, 5.33%, 9/26/2025<sup>(e)</sup> | 3/29/2024 | 4937 | 73 |
| 1829 7628206, 6.00%, 9/26/2025<sup>(e)</sup> | 3/29/2024 | 1828 | 5 |
| 1384 7628844, 4.72%, 9/26/2025<sup>(e)</sup> | 3/29/2024 | 1381 | 227 |
| 1101 7629123, 4.97%, 9/26/2025<sup>(e)</sup> | 3/29/2024 | 1100 | 9 |
| 46899 7630459, 5.51%, 9/27/2025<sup>(e)</sup> | 4/1/2024 | 46818 | 601 |
| 1767 7637710, 4.73%, 9/28/2025<sup>(e)</sup> | 4/2/2024 | 1766 | 24 |
| 11167 7645564, 4.45%, 10/1/2025<sup>(e)</sup> | 4/4/2024 | 11155 | 191 |
| 695 7647656, 6.19%, 10/1/2025<sup>(e)</sup> | 4/4/2024 | 695 | 7 |
| 2112 7649871, 5.16%, 10/2/2025<sup>(e)</sup> | 4/5/2024 | 2108 | 35 |
| 1927 7650712, 6.04%, 10/2/2025<sup>(e)</sup> | 4/5/2024 | 1923 | 17 |
| 470 7651366, 4.98%, 10/2/2025<sup>(e)</sup> | 4/5/2024 | 468 | 9 |
| 2948 7652581, 4.97%, 10/2/2025<sup>(e)</sup> | 4/5/2024 | 2944 | 48 |
| 1036 7652889, 5.16%, 10/2/2025<sup>(e)</sup> | 4/5/2024 | 1035 | 471 |
| 2557 7655927, 6.01%, 10/3/2025<sup>(e)</sup> | 4/8/2024 | 2538 | 32 |
| 5884 7659650, 4.45%, 10/3/2025<sup>(e)</sup> | 4/9/2024 | 5883 | 644 |
| 4460 7659916, 5.18%, 10/4/2025<sup>(e)</sup> | 4/9/2024 | 4457 | 36 |
| 11179 7662298, 4.59%, 10/4/2025<sup>(e)</sup> | 4/9/2024 | 11177 | 129 |
| 1658 7664061, 5.36%, 10/4/2025<sup>(e)</sup> | 4/9/2024 | 1657 | 187 |
| 939 7664602, 4.59%, 10/5/2025<sup>(e)</sup> | 4/10/2024 | 938 | 147 |
| 1366 7665920, 4.90%, 10/5/2025<sup>(e)</sup> | 4/10/2024 | 1360 | 25 |
| 232 7667958, 5.54%, 10/6/2025<sup>(e)</sup> | 4/11/2024 | 231 | 3 |
| 2590 7668269, 4.89%, 10/6/2025<sup>(e)</sup> | 4/11/2024 | 2589 | 418 |
| 239 7668421, 4.59%, 10/6/2025<sup>(e)</sup> | 4/11/2024 | 238 | 128 |
| 5227 7668749, 5.70%, 10/6/2025<sup>(e)</sup> | 4/11/2024 | 5226 | 36 |
| 625 7673787, 5.35%, 10/9/2025<sup>(e)</sup> | 4/12/2024 | 623 | 292 |
| 975 7674099, 5.54%, 10/9/2025<sup>(e)</sup> | 4/12/2024 | 974 | 14 |
| 326 7674434, 4.87%, 10/9/2025<sup>(e)</sup> | 4/12/2024 | 326 | 169 |
| 7475 7674844, 5.34%, 10/9/2025<sup>(e)</sup> | 4/12/2024 | 7467 | 60 |
| 329 7675337, 4.54%, 10/9/2025<sup>(e)</sup> | 4/12/2024 | 329 | 137 |
| 7069 7675989, 6.23%, 10/9/2025<sup>(e)</sup> | 4/12/2024 | 7065 | 90 |
| 2138 7676057, 5.17%, 10/9/2025<sup>(e)</sup> | 4/12/2024 | 2138 | 9 |
| 588 7677651, 5.50%, 10/10/2025<sup>(e)</sup> | 4/15/2024 | 586 | 251 |
| 9611 7678729, 6.17%, 10/10/2025<sup>(e)</sup> | 4/15/2024 | 9525 | 1374 |
| 2405 7682416, 5.80%, 10/11/2025<sup>(e)</sup> | 4/16/2024 | 2404 | 28 |
| 7756 7682425, 4.90%, 10/11/2025<sup>(e)</sup> | 4/16/2024 | 7752 | 806 |
| 9615 7683383, 4.99%, 10/11/2025<sup>(e)</sup> | 4/16/2024 | 9612 | 209 |
| 1924 7684189, 5.15%, 10/11/2025<sup>(e)</sup> | 4/16/2024 | 1918 | 1092 |
| 16863 7689437, 5.54%, 10/13/2025<sup>(e)</sup> | 4/18/2024 | 16855 | 70 |
| 1977 7690415, 5.14%, 10/14/2025<sup>(e)</sup> | 4/18/2024 | 1975 | 31 |

---

*See Notes to Financial Statements.*

74 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 838 | 7691611, 4.54%, 10/15/2025<sup>(e)</sup> | 4/18/2024 | 838 | 353 |
| 15635 | 7692436, 4.97%, 10/15/2025<sup>(e)</sup> | 4/18/2024 | 15628 | 252 |
| 412 | 7698256, 6.23%, 10/17/2025<sup>(e)</sup> | 4/22/2024 | 412 | 39 |
| 646 | 7699397, 4.97%, 10/17/2025<sup>(e)</sup> | 4/22/2024 | 597 | 384 |
| 415 | 7700066, 5.31%, 10/17/2025<sup>(e)</sup> | 4/22/2024 | 412 | 214 |
| 886 | 7702069, 4.59%, 10/18/2025<sup>(e)</sup> | 4/23/2024 | 884 | 485 |
| 3255 | 7702772, 4.90%, 10/18/2025<sup>(e)</sup> | 4/23/2024 | 3253 | 21 |
| 7063 | 7702814, 5.55%, 10/18/2025<sup>(e)</sup> | 4/23/2024 | 7060 | 85 |
| 53708 | 7703338, 6.07%, 10/18/2025<sup>(e)</sup> | 4/23/2024 | 53671 | 428 |
| 1577 | 7708938, 4.88%, 10/22/2025<sup>(e)</sup> | 4/25/2024 | 1576 | 29 |
| 31106 | 7708979, 4.73%, 10/22/2025<sup>(e)</sup> | 4/25/2024 | 31096 | 620 |
|  | 7709383, 5.15%, 10/22/2025 | 4/25/2024 | (518) |  |
|  | 7710962, 5.69%, 10/23/2025<sup>(e)</sup> | 4/26/2024 | (1) | (161) |
| 424 | 7723304, 4.59%, 10/25/2025<sup>(e)</sup> | 4/30/2024 | 422 | 213 |
| 3046 | 7725458, 4.59%, 10/26/2025<sup>(e)</sup> | 5/1/2024 | 3045 | 53 |
| 16717 | 7726623, 4.56%, 10/26/2025<sup>(e)</sup> | 5/1/2024 | 16708 | 139 |
| 329 | 7727029, 5.53%, 10/26/2025<sup>(e)</sup> | 5/1/2024 | 328 | 6 |
| 10080 | 7727830, 6.07%, 10/26/2025<sup>(e)</sup> | 5/1/2024 | 10068 | 4325 |
| 7573 | 7728068, 5.51%, 10/26/2025<sup>(e)</sup> | 5/1/2024 | 7566 | 1154 |
| 8328 | 7728188, 5.70%, 10/26/2025<sup>(e)</sup> | 5/1/2024 | 8325 | 129 |
| 579 | 7728296, 5.72%, 10/26/2025<sup>(e)</sup> | 5/1/2024 | 579 | 10 |
| 728 | 7728578, 5.94%, 10/26/2025<sup>(e)</sup> | 5/1/2024 | 727 | 373 |
| 4129 | 7729229, 6.07%, 10/26/2025<sup>(e)</sup> | 5/1/2024 | 4126 | 376 |
| 25476 | 7730588, 5.94%, 10/27/2025<sup>(e)</sup> | 5/2/2024 | 25467 | 127 |
| 3116 | 7730773, 4.90%, 10/27/2025<sup>(e)</sup> | 5/2/2024 | 3114 | 96 |
| 589 | 7731494, 4.59%, 10/27/2025<sup>(e)</sup> | 5/2/2024 | 572 | 365 |
| 599 | 7734327, 5.96%, 10/29/2025<sup>(e)</sup> | 5/2/2024 | 599 | 5 |
| 867 | 7736010, 5.89%, 10/29/2025<sup>(e)</sup> | 5/2/2024 | 867 | 11 |
| 29077 | 7736536, 5.49%, 10/29/2025<sup>(e)</sup> | 5/2/2024 | 29069 | 128 |
| 992 | 7741785, 4.97%, 10/30/2025<sup>(e)</sup> | 5/3/2024 | 991 | 13 |
| 775 | 7741815, 4.54%, 10/30/2025<sup>(e)</sup> | 5/3/2024 | 774 | 313 |
| 3826 | 7742224, 5.92%, 10/30/2025<sup>(e)</sup> | 5/3/2024 | 3821 | 67 |
| 8405 | 7742385, 5.31%, 10/30/2025<sup>(e)</sup> | 5/3/2024 | 8403 | 93 |
| 1525 | 7745775, 5.92%, 11/1/2025<sup>(e)</sup> | 5/6/2024 | 1523 | 28 |
| 676 | 7745836, 4.54%, 11/1/2025<sup>(e)</sup> | 5/6/2024 | 674 | 12 |
| 3473 | 7746019, 4.87%, 11/1/2025<sup>(e)</sup> | 5/6/2024 | 3454 | 1915 |
| 1256 | 7746136, 5.21%, 11/1/2025<sup>(e)</sup> | 5/6/2024 | 1251 | 22 |
| 4729 | 7746515, 4.56%, 11/1/2025<sup>(e)</sup> | 5/6/2024 | 4723 | 109 |
| 2445 | 7746617, 5.91%, 11/1/2025<sup>(e)</sup> | 5/6/2024 | 2440 | 1503 |
| 6879 | 7746651, 4.53%, 11/1/2025<sup>(e)</sup> | 5/6/2024 | 6873 | 130 |
| 1082 | 7749254, 5.93%, 11/2/2025<sup>(e)</sup> | 5/7/2024 | 1080 | 126 |
| 52 | 7750353, 5.32%, 11/2/2025<sup>(e)</sup> | 5/7/2024 | 50 | 29 |
| 713 | 7750514, 5.21%, 11/2/2025<sup>(e)</sup> | 5/7/2024 | 712 | 80 |
| 2227 | 7752031, 5.13%, 11/2/2025<sup>(e)</sup> | 5/7/2024 | 2226 | 30 |
| 5841 | 7752405, 5.32%, 11/2/2025<sup>(e)</sup> | 5/7/2024 | 5838 | 101 |
| 10606 | 7752416, 5.14%, 11/2/2025<sup>(e)</sup> | 5/7/2024 | 10602 | 1385 |
| 1354 | 7752951, 4.89%, 11/2/2025<sup>(e)</sup> | 5/7/2024 | 1353 | 251 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 75

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 81 7753576, 5.70%, 11/3/2025<sup>(e)</sup> | 5/8/2024 | 75 | 46 |
| 1513 7755426, 6.24%, 11/3/2025<sup>(e)</sup> | 5/8/2024 | 1512 | 19 |
| 5762 7755815, 4.89%, 11/3/2025<sup>(e)</sup> | 5/8/2024 | 5752 | 868 |
| 5322 7756472, 5.69%, 11/3/2025<sup>(e)</sup> | 5/8/2024 | 5320 | 74 |
| 340 7756486, 5.14%, 11/3/2025<sup>(e)</sup> | 5/8/2024 | 337 | 177 |
| 4255 7756638, 4.55%, 11/3/2025<sup>(e)</sup> | 5/8/2024 | 4253 | 1400 |
| 5262 7757129, 5.51%, 11/3/2025<sup>(e)</sup> | 5/8/2024 | 5260 | 46 |
| 9649 7757763, 4.58%, 11/4/2025<sup>(e)</sup> | 5/9/2024 | 9646 | 5107 |
| 2088 7758039, 5.93%, 11/4/2025<sup>(e)</sup> | 5/9/2024 | 2084 | 309 |
| 636 7758551, 4.58%, 11/4/2025<sup>(e)</sup> | 5/9/2024 | 635 | 404 |
| 1209 7760490, 6.03%, 11/6/2025<sup>(e)</sup> | 5/9/2024 | 1206 | 18 |
| 516 7760792, 5.48%, 11/6/2025<sup>(e)</sup> | 5/9/2024 | 491 | 271 |
| 966 7761053, 5.67%, 11/6/2025<sup>(e)</sup> | 5/9/2024 | 965 | 148 |
| 3869 7761634, 4.56%, 11/6/2025<sup>(e)</sup> | 5/9/2024 | 3864 | 78 |
| 107 7762308, 4.56%, 11/6/2025<sup>(e)</sup> | 5/9/2024 | 107 | 14 |
| 17225 7763875, 5.91%, 11/6/2025<sup>(e)</sup> | 5/10/2024 | 17206 | 210 |
| 1122 7765492, 6.21%, 11/7/2025<sup>(e)</sup> | 5/10/2024 | 1121 | 16 |
| 2712 7767179, 5.91%, 11/7/2025<sup>(e)</sup> | 5/10/2024 | 2703 | 1402 |
| 929 7767353, 5.12%, 11/7/2025<sup>(e)</sup> | 5/10/2024 | 927 | 592 |
| 2730 7767449, 4.54%, 11/7/2025<sup>(e)</sup> | 5/10/2024 | 2728 | 25 |
| 588 7767489, 5.67%, 11/7/2025<sup>(e)</sup> | 5/10/2024 | 585 | 378 |
| 98 7767683, 5.30%, 11/7/2025<sup>(e)</sup> | 5/10/2024 | 97 | 55 |
| 344 7769231, 5.91%, 11/8/2025<sup>(e)</sup> | 5/13/2024 | 343 | 49 |
| 43 7769766, 5.11%, 11/8/2025<sup>(e)</sup> | 5/13/2024 | 43 | 25 |
| 49337 7769925, 4.87%, 11/8/2025<sup>(e)</sup> | 5/13/2024 | 49282 | 24559 |
| 731 7770402, 5.49%, 11/8/2025<sup>(e)</sup> | 5/13/2024 | 717 | 420 |
| 71 7771393, 4.87%, 11/8/2025<sup>(e)</sup> | 5/13/2024 | 63 | 38 |
| 4727 7775532, 5.94%, 11/9/2025<sup>(e)</sup> | 5/14/2024 | 4724 | 47 |
| 2425 7776251, 5.50%, 11/9/2025<sup>(e)</sup> | 5/14/2024 | 2424 | 42 |
| 8441 7776311, 5.94%, 11/9/2025<sup>(e)</sup> | 5/14/2024 | 8437 | 69 |
| 2235 7777345, 5.14%, 11/9/2025<sup>(e)</sup> | 5/14/2024 | 2233 | 372 |
| 5605 7777490, 4.89%, 11/9/2025<sup>(e)</sup> | 5/14/2024 | 5602 | 113 |
| 1073 7777970, 4.58%, 11/9/2025<sup>(e)</sup> | 5/15/2024 | 1072 | 5 |
| 1831 7779145, 5.69%, 11/10/2025<sup>(e)</sup> | 5/15/2024 | 1828 | 921 |
| 13345 7779293, 4.89%, 11/10/2025<sup>(e)</sup> | 5/15/2024 | 13340 | 226 |
| 597 7779779, 4.55%, 11/10/2025<sup>(e)</sup> | 5/15/2024 | 596 | 266 |
| 14273 7780130, 4.58%, 11/10/2025<sup>(e)</sup> | 5/15/2024 | 14267 | 3010 |
| 85 7780297, 5.69%, 11/10/2025<sup>(e)</sup> | 5/15/2024 | 84 | 50 |
| 2862 7780985, 5.22%, 11/10/2025<sup>(e)</sup> | 5/15/2024 | 2861 | 21 |
| 15066 7781530, 4.55%, 11/10/2025<sup>(e)</sup> | 5/15/2024 | 15061 | 109 |
| 15159 7782025, 5.93%, 11/11/2025<sup>(e)</sup> | 5/16/2024 | 15148 | 222 |
| 1260 7782621, 5.93%, 11/11/2025<sup>(e)</sup> | 5/16/2024 | 1257 | 567 |
| 75 7782826, 5.96%, 11/12/2025<sup>(e)</sup> | 5/16/2024 | 75 | 43 |
| 65 7783032, 4.57%, 11/12/2025<sup>(e)</sup> | 5/16/2024 | 64 | 2 |
| 609 7783594, 4.57%, 11/12/2025<sup>(e)</sup> | 5/16/2024 | 607 | 384 |
| 3364 7783621, 4.54%, 11/12/2025<sup>(e)</sup> | 5/16/2024 | 3360 | 40 |

---

*See Notes to Financial Statements.*

76 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 9592 7783961, 5.91%, 11/13/2025<sup>(e)</sup> | 5/16/2024 | 9589 | 128 |
| 7495 7783999, 4.56%, 11/13/2025<sup>(e)</sup> | 5/16/2024 | 7488 | 217 |
| 1147 7784080, 5.30%, 11/13/2025<sup>(e)</sup> | 5/16/2024 | 1145 | 186 |
| 370 7784190, 4.55%, 11/13/2025<sup>(e)</sup> | 5/16/2024 | 369 | 77 |
| 4472 7786499, 4.53%, 11/13/2025<sup>(e)</sup> | 5/16/2024 | 4469 | 48 |
| 1332 7786896, 6.02%, 11/13/2025<sup>(e)</sup> | 5/16/2024 | 1331 | 15 |
| 1761 7787907, 5.67%, 11/14/2025<sup>(e)</sup> | 5/17/2024 | 1760 | 310 |
| 280 7790037, 6.22%, 11/14/2025<sup>(e)</sup> | 5/17/2024 | 279 | 5 |
| 78 7790320, 6.22%, 11/14/2025<sup>(e)</sup> | 5/17/2024 | 77 | 42 |
| 2851 7790564, 5.12%, 11/14/2025<sup>(e)</sup> | 5/17/2024 | 2847 | 1793 |
| 547 7791151, 5.64%, 11/14/2025<sup>(e)</sup> | 5/17/2024 | 546 | 99 |
| 1614 7791509, 4.53%, 11/15/2025<sup>(e)</sup> | 5/20/2024 | 1605 | 18 |
| 1337 7792684, 4.53%, 11/15/2025<sup>(e)</sup> | 5/20/2024 | 1336 | 16 |
| 2720 7792719, 5.91%, 11/15/2025<sup>(e)</sup> | 5/20/2024 | 2719 | 50 |
| 1484 7792928, 5.20%, 11/15/2025<sup>(e)</sup> | 5/20/2024 | 1482 | 16 |
| 8895 7799053, 5.69%, 11/16/2025<sup>(e)</sup> | 5/21/2024 | 8891 | 104 |
| – 7800588, 5.69%, 11/17/2025<sup>(e)</sup> | 5/22/2024 | (1) | (60) |
| 642 7801168, 4.56%, 11/17/2025<sup>(e)</sup> | 5/22/2024 | 642 | 8 |
| 1976 7801409, 6.04%, 11/17/2025<sup>(e)</sup> | 5/22/2024 | 1975 | 19 |
| 2324 7801422, 5.93%, 11/17/2025<sup>(e)</sup> | 5/22/2024 | 2322 | 40 |
| 8400 7801904, 5.32%, 11/17/2025<sup>(e)</sup> | 5/22/2024 | 8397 | 224 |
| 2471 7801955, 4.58%, 11/17/2025<sup>(e)</sup> | 5/22/2024 | 2468 | 695 |
| 498 7803052, 5.70%, 11/17/2025<sup>(e)</sup> | 5/22/2024 | 497 | 331 |
| 9189 7803421, 5.51%, 11/17/2025<sup>(e)</sup> | 5/22/2024 | 9184 | 270 |
| 301 7803589, 5.94%, 11/17/2025<sup>(e)</sup> | 5/22/2024 | 300 | 198 |
| 1599 7803612, 5.93%, 11/17/2025<sup>(e)</sup> | 5/22/2024 | 1593 | 1051 |
| 5105 7803840, 4.89%, 11/17/2025<sup>(e)</sup> | 5/22/2024 | 5104 | 884 |
| 6265 7804139, 5.94%, 11/18/2025<sup>(e)</sup> | 5/23/2024 | 6262 | 312 |
| 2514 7804607, 5.68%, 11/18/2025<sup>(e)</sup> | 5/23/2024 | 2513 | 34 |
| 6973 7804618, 5.94%, 11/18/2025<sup>(e)</sup> | 5/23/2024 | 6971 | 27 |
| 97 7805386, 4.58%, 11/19/2025<sup>(e)</sup> | 5/23/2024 | 97 | 66 |
| 5618 7807844, 4.87%, 11/20/2025<sup>(e)</sup> | 5/23/2024 | 5616 | 89 |
| 1076 7809244, 6.24%, 11/20/2025<sup>(e)</sup> | 5/23/2024 | 1076 | 17 |
| 1001 7810731, 6.22%, 11/21/2025<sup>(e)</sup> | 5/24/2024 | 997 | 534 |
| 884 7810933, 5.91%, 11/21/2025<sup>(e)</sup> | 5/24/2024 | 883 | 4 |
| 702 7810954, 5.67%, 11/21/2025<sup>(e)</sup> | 5/24/2024 | 696 | 184 |
| 6531 7811104, 5.67%, 11/21/2025<sup>(e)</sup> | 5/24/2024 | 6522 | 3532 |
| 3327 7811286, 5.68%, 11/21/2025<sup>(e)</sup> | 5/24/2024 | 3326 | 65 |
| 1574 7812242, 4.55%, 11/21/2025<sup>(e)</sup> | 5/24/2024 | 1573 | 13 |
| 1172 7814434, 6.22%, 11/22/2025<sup>(e)</sup> | 5/28/2024 | 1170 | 14 |
| 197 7814484, 5.90%, 11/22/2025<sup>(e)</sup> | 5/28/2024 | 197 | 117 |
| 245 7814619, 4.57%, 11/22/2025<sup>(e)</sup> | 5/28/2024 | 244 | 5 |
| 7673 7815686, 4.57%, 11/22/2025<sup>(e)</sup> | 5/28/2024 | 7661 | 255 |
| 1647 7816431, 5.30%, 11/22/2025<sup>(e)</sup> | 5/28/2024 | 1645 | 1060 |
| 4611 7816457, 4.57%, 11/22/2025<sup>(e)</sup> | 5/28/2024 | 4605 | 109 |
| 2497 7816493, 5.49%, 11/22/2025<sup>(e)</sup> | 5/28/2024 | 2496 | 33 |
| 1972 7822362, 5.15%, 11/23/2025<sup>(e)</sup> | 5/29/2024 | 1964 | 1327 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 77

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1179 7823081, 4.56%, 11/23/2025<sup>(e)</sup> | 5/29/2024 | 1178 | 448 |
| 2981 7823637, 5.24%, 11/23/2025<sup>(e)</sup> | 5/29/2024 | 2974 | 39 |
| 546 7825890, 5.95%, 11/24/2025<sup>(e)</sup> | 5/30/2024 | 540 | 268 |
| 383 7825936, 4.54%, 11/24/2025<sup>(e)</sup> | 5/30/2024 | 383 | 209 |
| 776 7825965, 5.32%, 11/24/2025<sup>(e)</sup> | 5/30/2024 | 776 | 12 |
| 12225 7825975, 4.56%, 11/24/2025<sup>(e)</sup> | 5/30/2024 | 12219 | 163 |
| 293 7826255, 6.25%, 11/24/2025<sup>(e)</sup> | 5/30/2024 | 291 | 71 |
| 704 7827666, 5.70%, 11/24/2025<sup>(e)</sup> | 5/30/2024 | 701 | 432 |
| 1556 7828310, 4.58%, 11/24/2025<sup>(e)</sup> | 5/30/2024 | 1556 | 8 |
| 1366 7828313, 4.59%, 11/24/2025<sup>(e)</sup> | 5/30/2024 | 1364 | 890 |
| 1992 7828734, 4.59%, 11/24/2025<sup>(e)</sup> | 5/30/2024 | 1990 | 1355 |
| 890 7828762, 5.96%, 11/24/2025<sup>(e)</sup> | 5/30/2024 | 889 | 468 |
| 21093 7828800, 4.90%, 11/24/2025<sup>(e)</sup> | 5/30/2024 | 21085 | 485 |
| 959 7829427, 5.70%, 11/25/2025<sup>(e)</sup> | 5/31/2024 | 956 | 512 |
| 27 7829681, 6.25%, 11/25/2025<sup>(e)</sup> | 5/31/2024 | 25 | 15 |
| 4873 7830133, 4.56%, 11/25/2025<sup>(e)</sup> | 5/31/2024 | 4871 | 71 |
| 1247 7830204, 4.56%, 11/25/2025<sup>(e)</sup> | 5/31/2024 | 1245 | 752 |
| 2110 7830514, 5.69%, 11/26/2025<sup>(e)</sup> | 5/31/2024 | 2109 | 31 |
| 1775 7830535, 6.23%, 11/26/2025<sup>(e)</sup> | 5/31/2024 | 1774 | 32 |
| 1463 7832413, 4.54%, 11/27/2025<sup>(e)</sup> | 5/31/2024 | 1461 | 17 |
| 376 7833092, 5.29%, 11/28/2025<sup>(e)</sup> | 5/31/2024 | 375 | 259 |
| 1774 7835558, 5.67%, 11/28/2025<sup>(e)</sup> | 5/31/2024 | 1773 | 414 |
| 4907 7835571, 5.21%, 11/28/2025<sup>(e)</sup> | 5/31/2024 | 4903 | 73 |
| 95 7836425, 4.87%, 11/29/2025<sup>(e)</sup> | 6/3/2024 | 94 | 66 |
| 567 7838703, 4.52%, 11/29/2025<sup>(e)</sup> | 6/3/2024 | 561 | 8 |
| 3345 7838978, 5.48%, 11/29/2025<sup>(e)</sup> | 6/3/2024 | 3298 | 2016 |
| 11256 7839350, 4.56%, 11/29/2025<sup>(e)</sup> | 6/3/2024 | 11252 | 406 |
| 814 7842977, 4.53%, 11/30/2025<sup>(e)</sup> | 6/4/2024 | 814 | 10 |
| 16481 7843644, 4.89%, 11/30/2025<sup>(e)</sup> | 6/4/2024 | 16465 | 10881 |
| 197 7843976, 4.51%, 11/30/2025<sup>(e)</sup> | 6/4/2024 | 196 | 4 |
| 46570 7845928, 5.50%, 11/30/2025<sup>(e)</sup> | 6/4/2024 | 46547 | 1100 |
| 1240 7846377, 4.58%, 11/30/2025<sup>(e)</sup> | 6/4/2024 | 1238 | 833 |
| 3331 7846962, 5.95%, 11/30/2025<sup>(e)</sup> | 6/5/2024 | 3330 | 52 |
| 3063 7846981, 5.23%, 11/30/2025<sup>(e)</sup> | 6/5/2024 | 3060 | 66 |
| 2204 7847538, 5.70%, 11/30/2025<sup>(e)</sup> | 6/5/2024 | 2202 | 54 |
| 511 7848696, 4.59%, 11/30/2025<sup>(e)</sup> | 6/5/2024 | 507 | 304 |
| 21041 7848735, 4.59%, 11/30/2025<sup>(e)</sup> | 6/5/2024 | 21033 | 763 |
| 8768 7849126, 5.95%, 11/30/2025<sup>(e)</sup> | 6/5/2024 | 8765 | 133 |
| 624 7849386, 5.70%, 11/30/2025<sup>(e)</sup> | 6/5/2024 | 622 | 381 |
| 1225 7849856, 5.34%, 11/30/2025<sup>(e)</sup> | 6/5/2024 | 1225 | 28 |
| 363 7850006, 5.96%, 11/30/2025<sup>(e)</sup> | 6/5/2024 | 362 | 174 |
| 426 7850821, 5.96%, 12/1/2025<sup>(e)</sup> | 6/6/2024 | 425 | 10 |
| 4772 7850886, 5.70%, 12/1/2025<sup>(e)</sup> | 6/6/2024 | 4768 | 104 |
| 9280 7851237, 4.90%, 12/1/2025<sup>(e)</sup> | 6/6/2024 | 9276 | 188 |
| 1377 7852783, 4.53%, 12/3/2025<sup>(e)</sup> | 6/6/2024 | 1377 | 8 |
| 1931 7852841, 4.88%, 12/3/2025<sup>(e)</sup> | 6/6/2024 | 1926 | 1349 |

---

*See Notes to Financial Statements.*

78 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1327 | 7853463, 5.31%, 12/3/2025<sup>(e)</sup> | 6/6/2024 | 1325 | 717 |
| 48783 | 7854478, 4.88%, 12/3/2025<sup>(e)</sup> | 6/6/2024 | 48752 | 1245 |
|  | 7854916, 5.91%, 12/3/2025<sup>(e)</sup> | 6/6/2024 | (1) | (97) |
| 98 | 7856601, 5.68%, 12/3/2025<sup>(e)</sup> | 6/6/2024 | 93 | 58 |
| 408 | 7856739, 5.22%, 12/4/2025<sup>(e)</sup> | 6/7/2024 | 407 | 122 |
| 3511 | 7857113, 5.92%, 12/4/2025<sup>(e)</sup> | 6/7/2024 | 3508 | 68 |
| 22126 | 7858121, 5.68%, 12/4/2025<sup>(e)</sup> | 6/7/2024 | 22110 | 483 |
| 48331 | 7858386, 5.68%, 12/4/2025<sup>(e)</sup> | 6/7/2024 | 48294 | 20639 |
| 613 | 7859238, 5.92%, 12/4/2025<sup>(e)</sup> | 6/7/2024 | 608 | 194 |
| 18656 | 7859967, 5.68%, 12/4/2025<sup>(e)</sup> | 6/7/2024 | 18624 | 7236 |
| 287 | 7860446, 5.13%, 12/4/2025<sup>(e)</sup> | 6/7/2024 | 287 | 113 |
| 1247 | 7862039, 5.92%, 12/5/2025<sup>(e)</sup> | 6/10/2024 | 1233 | 19 |
| 432 | 7862119, 4.57%, 12/5/2025<sup>(e)</sup> | 6/10/2024 | 431 | 308 |
| 383 | 7862764, 4.57%, 12/5/2025<sup>(e)</sup> | 6/10/2024 | 383 | 6 |
| 7263 | 7862772, 5.68%, 12/5/2025<sup>(e)</sup> | 6/10/2024 | 7252 | 161 |
| 38 | 7863014, 4.87%, 12/5/2025<sup>(e)</sup> | 6/10/2024 | 37 | 22 |
| 5607 | 7863817, 5.31%, 12/5/2025<sup>(e)</sup> | 6/10/2024 | 5574 | 137 |
| 2480 | 7864005, 4.55%, 12/5/2025<sup>(e)</sup> | 6/10/2024 | 2475 | 35 |
| 13404 | 7866352, 5.94%, 12/6/2025<sup>(e)</sup> | 6/11/2024 | 13395 | 298 |
| 1778 | 7866563, 5.15%, 12/6/2025<sup>(e)</sup> | 6/11/2024 | 1777 | 1040 |
| 10837 | 7866662, 5.24%, 12/6/2025<sup>(e)</sup> | 6/11/2024 | 10817 | 248 |
| 2993 | 7867307, 4.56%, 12/6/2025<sup>(e)</sup> | 6/11/2024 | 2989 | 45 |
| 1756 | 7868625, 5.94%, 12/6/2025<sup>(e)</sup> | 6/11/2024 | 1753 | 38 |
|  | 7868883, 5.15%, 12/6/2025 | 0 |  |  |
| 307 | 7869325, 5.31%, 12/6/2025<sup>(e)</sup> | 6/11/2024 | 306 | 204 |
| 493 | 7869521, 5.94%, 12/6/2025<sup>(e)</sup> | 6/11/2024 | 492 | 145 |
| 5832 | 7870457, 5.33%, 12/7/2025<sup>(e)</sup> | 6/12/2024 | 5823 | 125 |
| 22129 | 7870728, 5.15%, 12/7/2025<sup>(e)</sup> | 6/12/2024 | 22123 | 8658 |
| 5493 | 7871640, 5.15%, 12/7/2025<sup>(e)</sup> | 6/12/2024 | 5490 | 220 |
| 7096 | 7872367, 5.94%, 12/7/2025<sup>(e)</sup> | 6/12/2024 | 7093 | 71 |
| 98 | 7872637, 5.23%, 12/7/2025<sup>(e)</sup> | 6/12/2024 | 98 | 37 |
| 567 | 7872696, 5.70%, 12/7/2025<sup>(e)</sup> | 6/12/2024 | 565 | 332 |
| 1698 | 7872788, 5.95%, 12/7/2025<sup>(e)</sup> | 6/12/2024 | 1694 | 810 |
| 1049 | 7873533, 6.27%, 12/7/2025<sup>(e)</sup> | 6/12/2024 | 1048 | 282 |
| 20271 | 7873536, 5.24%, 12/7/2025<sup>(e)</sup> | 6/12/2024 | 20260 | 325 |
| 22387 | 7873691, 5.51%, 12/7/2025<sup>(e)</sup> | 6/12/2024 | 22380 | 355 |
| 1792 | 7874241, 4.59%, 12/8/2025<sup>(e)</sup> | 6/13/2024 | 1790 | 1096 |
| 1169 | 7874271, 4.56%, 12/8/2025<sup>(e)</sup> | 6/13/2024 | 1155 | 28 |
| 2322 | 7874777, 4.56%, 12/8/2025<sup>(e)</sup> | 6/13/2024 | 2316 | 33 |
| 1547 | 7875308, 4.58%, 12/9/2025<sup>(e)</sup> | 6/13/2024 | 1545 | 651 |
| 3080 | 7876935, 5.68%, 12/10/2025<sup>(e)</sup> | 6/13/2024 | 3076 | 2082 |
| 2280 | 7877748, 4.57%, 12/10/2025<sup>(e)</sup> | 6/13/2024 | 2278 | 1548 |
| 10392 | 7878298, 5.13%, 12/10/2025<sup>(e)</sup> | 6/13/2024 | 10366 | 4002 |
| 662 | 7878480, 4.58%, 12/10/2025<sup>(e)</sup> | 6/13/2024 | 662 | 479 |
| 249 | 7879331, 5.92%, 12/10/2025<sup>(e)</sup> | 6/13/2024 | 248 | 157 |
| 6979 | 7880815, 5.68%, 12/11/2025<sup>(e)</sup> | 6/14/2024 | 6973 | 3990 |
| 1318 | 7881094, 4.57%, 12/11/2025<sup>(e)</sup> | 6/14/2024 | 1310 | 827 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 79

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 21935 | 7881346, 4.57%, 12/11/2025<sup>(e)</sup> | 6/14/2024 | 21919 | 612 |
| 2683 | 7882009, 5.13%, 12/11/2025<sup>(e)</sup> | 6/14/2024 | 2669 | 1957 |
| 5980 | 7882946, 4.88%, 12/11/2025<sup>(e)</sup> | 6/14/2024 | 5979 | 183 |
| 1442 | 7884608, 4.54%, 12/12/2025<sup>(e)</sup> | 6/17/2024 | 1439 | 29 |
| 779 | 7885280, 5.93%, 12/12/2025<sup>(e)</sup> | 6/17/2024 | 776 | 457 |
| 37949 | 7885583, 5.13%, 12/12/2025<sup>(e)</sup> | 6/17/2024 | 37896 | 1415 |
| 8180 | 7886175, 4.57%, 12/12/2025<sup>(e)</sup> | 6/17/2024 | 8175 | 336 |
| 201 | 7891417, 4.59%, 12/13/2025<sup>(e)</sup> | 6/18/2024 | 198 | 148 |
| 3623 | 7891841, 5.70%, 12/13/2025<sup>(e)</sup> | 6/18/2024 | 3617 | 2218 |
| 2485 | 7892540, 6.25%, 12/13/2025<sup>(e)</sup> | 6/18/2024 | 2483 | 52 |
| 158 | 7893565, 5.15%, 12/14/2025<sup>(e)</sup> | 6/20/2024 | 157 | 110 |
| 682 | 7893585, 4.91%, 12/14/2025<sup>(e)</sup> | 6/20/2024 | 682 | 460 |
| 9606 | 7893999, 5.15%, 12/14/2025<sup>(e)</sup> | 6/20/2024 | 9591 | 239 |
| 6259 | 7894149, 5.51%, 12/14/2025<sup>(e)</sup> | 6/20/2024 | 6249 | 148 |
| 1009 | 7896486, 4.55%, 12/14/2025<sup>(e)</sup> | 6/20/2024 | 1008 | 16 |
| 1286 | 7898935, 6.07%, 12/15/2025<sup>(e)</sup> | 6/21/2024 | 1285 | 352 |
| 637 | 7899210, 5.94%, 12/15/2025<sup>(e)</sup> | 6/21/2024 | 636 | 13 |
| 3497 | 7899247, 5.71%, 12/15/2025<sup>(e)</sup> | 6/21/2024 | 3427 | 2102 |
| 6507 | 7899516, 4.91%, 12/15/2025<sup>(e)</sup> | 6/21/2024 | 6501 | 3991 |
| 351 | 7900200, 4.91%, 12/16/2025<sup>(e)</sup> | 6/21/2024 | 350 | 257 |
| 1374 | 7900267, 6.26%, 12/16/2025<sup>(e)</sup> | 6/21/2024 | 1372 | 745 |
| 5316 | 7900514, 6.07%, 12/16/2025<sup>(e)</sup> | 6/21/2024 | 5296 | 77 |
| 530 | 7901051, 6.24%, 12/17/2025<sup>(e)</sup> | 6/21/2024 | 529 | 11 |
| 3841 | 7901102, 5.13%, 12/17/2025<sup>(e)</sup> | 6/21/2024 | 3838 | 2406 |
| 921 | 7901234, 4.58%, 12/17/2025<sup>(e)</sup> | 6/21/2024 | 919 | 679 |
| 842 | 7901304, 6.06%, 12/17/2025<sup>(e)</sup> | 6/21/2024 | 841 | 13 |
| 1078 | 7901305, 4.89%, 12/17/2025<sup>(e)</sup> | 6/21/2024 | 1077 | 644 |
| 260 | 7901914, 4.55%, 12/17/2025<sup>(e)</sup> | 6/21/2024 | 260 | 88 |
| 902 | 7905370, 4.53%, 12/18/2025<sup>(e)</sup> | 6/24/2024 | 901 | 14 |
| 13287 | 7905524, 5.32%, 12/18/2025<sup>(e)</sup> | 6/24/2024 | 13245 | 522 |
| 1004 | 7906395, 5.14%, 12/18/2025<sup>(e)</sup> | 6/24/2024 | 1003 | 590 |
| 619 | 7906957, 5.69%, 12/18/2025<sup>(e)</sup> | 6/24/2024 | 611 | 11 |
| 246 | 7910010, 4.60%, 12/19/2025<sup>(e)</sup> | 6/25/2024 | 245 | 183 |
| 372 | 7910770, 5.34%, 12/19/2025<sup>(e)</sup> | 6/25/2024 | 371 | 255 |
| 1882 | 7910983, 5.52%, 12/19/2025<sup>(e)</sup> | 6/25/2024 | 1875 | 1114 |
| 2324 | 7911030, 4.60%, 12/19/2025<sup>(e)</sup> | 6/25/2024 | 2322 | 1390 |
| 658 | 7911856, 5.92%, 12/20/2025<sup>(e)</sup> | 6/25/2024 | 658 | 12 |
| 3389 | 7912828, 5.24%, 12/20/2025<sup>(e)</sup> | 6/25/2024 | 3384 | 85 |
| 12710 | 7913439, 4.59%, 12/20/2025<sup>(e)</sup> | 6/25/2024 | 12701 | 5725 |
| 1536 | 7913566, 4.56%, 12/20/2025<sup>(e)</sup> | 6/25/2024 | 1535 | 37 |
| 7724 | 7916284, 5.95%, 12/21/2025<sup>(e)</sup> | 6/26/2024 | 7713 | 2917 |
| 33040 | 7917609, 5.94%, 12/21/2025<sup>(e)</sup> | 6/26/2024 | 33015 | 22616 |
| 777 | 7918034, 6.26%, 12/21/2025<sup>(e)</sup> | 6/26/2024 | 775 | 20 |
|  | 7918234, 5.70%, 12/21/2025 | 6/26/2024 | (124) |  |
| 4471 | 7919062, 5.95%, 12/22/2025<sup>(e)</sup> | 6/27/2024 | 4464 | 72 |
| 1289 | 7919791, 5.15%, 12/22/2025<sup>(e)</sup> | 6/27/2024 | 1288 | 768 |

---

*See Notes to Financial Statements.*

80 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | |
|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5950 7919904, 5.69%, 12/23/2025<sup>(e)</sup> | 6/27/2024 | 5937 | 4094 |
| 5384 7920011, 4.58%, 12/23/2025<sup>(e)</sup> | 6/27/2024 | 5383 | 155 |
| 2087 7920503, 6.06%, 12/23/2025<sup>(e)</sup> | 6/27/2024 | 2077 | 57 |
| 14449 7920635, 5.69%, 12/23/2025<sup>(e)</sup> | 6/27/2024 | 14437 | 317 |
| 3570 7920710, 4.89%, 12/23/2025<sup>(e)</sup> | 6/27/2024 | 3554 | 2522 |
| 1267 7921642, 5.66%, 12/24/2025<sup>(e)</sup> | 6/27/2024 | 1267 | 23 |
| 517 7921755, 6.07%, 12/24/2025<sup>(e)</sup> | 6/27/2024 | 517 | 231 |
| 6698 7921968, 4.88%, 12/24/2025<sup>(e)</sup> | 6/27/2024 | 6692 | 300 |
| 5864 7922142, 6.04%, 12/24/2025<sup>(e)</sup> | 6/27/2024 | 5861 | 130 |
| 2350 7922237, 5.13%, 12/24/2025<sup>(e)</sup> | 6/27/2024 | 2336 | 1447 |
| 206 7922337, 5.23%, 12/24/2025<sup>(e)</sup> | 6/27/2024 | 204 | 94 |
| 1789 7923856, 4.57%, 12/24/2025<sup>(e)</sup> | 6/27/2024 | 1787 | 967 |
| 2255 7924319, 5.68%, 12/24/2025<sup>(e)</sup> | 6/27/2024 | 2253 | 971 |
| 5804 7924413, 4.88%, 12/24/2025<sup>(e)</sup> | 6/27/2024 | 5800 | 4211 |
| 3755 7924585, 6.04%, 12/25/2025<sup>(e)</sup> | 6/28/2024 | 3734 | 1620 |
| 13275 7924660, 4.57%, 12/25/2025<sup>(e)</sup> | 6/28/2024 | 13265 | 9806 |
| 1233 7925420, 5.91%, 12/25/2025<sup>(e)</sup> | 6/28/2024 | 1233 | 10 |
| 1946 7925780, 4.54%, 12/25/2025<sup>(e)</sup> | 6/28/2024 | 1942 | 671 |
| 8191 7925987, 5.13%, 12/25/2025<sup>(e)</sup> | 6/28/2024 | 8188 | 212 |
| 4468 7927153, 5.68%, 12/25/2025<sup>(e)</sup> | 6/28/2024 | 4462 | 198 |
| 11430 7927600, 4.57%, 12/25/2025<sup>(e)</sup> | 6/28/2024 | 11426 | 5929 |
| 10451 7928173, 5.68%, 12/25/2025<sup>(e)</sup> | 6/28/2024 | 10402 | 5639 |
| 541 7928605, 5.94%, 12/26/2025<sup>(e)</sup> | 7/1/2024 | 538 | 299 |
| 1061 7928948, 4.57%, 12/26/2025<sup>(e)</sup> | 7/1/2024 | 1060 | 787 |
| 3052 7931455, 4.55%, 12/26/2025<sup>(e)</sup> | 7/1/2024 | 3044 | 81 |
| 3398 7931527, 4.54%, 12/26/2025<sup>(e)</sup> | 7/1/2024 | 3375 | 1688 |
| 501 7931940, 5.69%, 12/26/2025<sup>(e)</sup> | 7/1/2024 | 500 | 301 |
| 2064 7934099, 5.95%, 12/27/2025<sup>(e)</sup> | 7/2/2024 | 2063 | 50 |
| 842 7935265, 5.70%, 12/27/2025<sup>(e)</sup> | 7/2/2024 | 839 | 484 |
| 3667 7935582, 5.15%, 12/27/2025<sup>(e)</sup> | 7/2/2024 | 3666 | 171 |
| 8458 7935884, 5.52%, 12/27/2025<sup>(e)</sup> | 7/2/2024 | 8455 | 3107 |
| 2669 7936964, 4.90%, 12/27/2025<sup>(e)</sup> | 7/2/2024 | 2668 | 91 |
| 8806 7937034, 4.59%, 12/27/2025<sup>(e)</sup> | 7/2/2024 | 8801 | 4995 |
| 13620 7937864, 4.56%, 12/27/2025<sup>(e)</sup> | 7/2/2024 | 13611 | 231 |
| 2208 7938566, 4.56%, 12/28/2025<sup>(e)</sup> | 7/3/2024 | 2206 | 37 |
| 296 7939006, 4.58%, 12/28/2025<sup>(e)</sup> | 7/3/2024 | 296 | 223 |
| 1676 7940168, 4.90%, 12/28/2025<sup>(e)</sup> | 7/3/2024 | 1675 | 833 |
| 918 7940584, 4.57%, 12/28/2025<sup>(e)</sup> | 7/3/2024 | 916 | 404 |
| 1006 7940637, 5.94%, 12/28/2025<sup>(e)</sup> | 7/3/2024 | 1005 | 24 |
| 333 7941292, 5.95%, 12/28/2025<sup>(e)</sup> | 7/3/2024 | 330 | 138 |
| 353 7944680, 5.90%, 1/1/2026<sup>(e)</sup> | 7/5/2024 | 350 | 6 |
| 2960 7945651, 5.91%, 1/1/2026<sup>(e)</sup> | 7/5/2024 | 2958 | 29 |
| 2101 7949961, 4.55%, 1/2/2026<sup>(e)</sup> | 7/8/2024 | 2092 | 33 |
| 4495 7950480, 4.57%, 1/2/2026<sup>(e)</sup> | 7/8/2024 | 4494 | 2554 |
| 4141 7950988, 5.31%, 1/2/2026<sup>(e)</sup> | 7/8/2024 | 4137 | 2419 |
| 8591 7951026, 5.92%, 1/2/2026<sup>(e)</sup> | 7/8/2024 | 8576 | 3511 |
| 10918 7951534, 4.88%, 1/2/2026<sup>(e)</sup> | 7/8/2024 | 10913 | 5492 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 81

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 652 | 7952443, 6.04%, 1/2/2026 | 7/8/2024 | 649 | 298 |
| 503 | 7952531, 4.53%, 1/2/2026<sup>(e)</sup> | 7/8/2024 | 502 | 190 |
| 7239 | 7952591, 5.68%, 1/2/2026<sup>(e)</sup> | 7/8/2024 | 7223 | 4429 |
| 2530 | 7952947, 5.13%, 1/2/2026<sup>(e)</sup> | 7/8/2024 | 2529 | 88 |
| 3638 | 7953005, 4.57%, 1/2/2026<sup>(e)</sup> | 7/8/2024 | 3635 | 2734 |
| 1751 | 7955898, 5.70%, 1/3/2026 | 7/9/2024 | 1748 | 1039 |
| 789 | 7956620, 5.70%, 1/3/2026<sup>(e)</sup> | 7/9/2024 | 788 | 477 |
| 294 | 7957678, 6.24%, 1/3/2026<sup>(e)</sup> | 7/9/2024 | 293 | 146 |
| 3456 | 7958213, 4.56%, 1/3/2026<sup>(e)</sup> | 7/9/2024 | 3454 | 59 |
| 109 | 7958330, 5.32%, 1/3/2026<sup>(e)</sup> | 7/9/2024 | 109 | 78 |
| 1732 | 7958838, 6.07%, 1/4/2026<sup>(e)</sup> | 7/10/2024 | 1730 | 1090 |
|  | 7960923, 4.58%, 1/5/2026 | 7/10/2024 | (19) | (1605) |
| 50045 | 7962075, 5.32%, 1/5/2026<sup>(e)</sup> | 7/10/2024 | 50030 | 731 |
| 6991 | 7963920, 4.89%, 1/6/2026<sup>(e)</sup> | 7/11/2024 | 6988 | 306 |
| 1359 | 7964014, 5.51%, 1/6/2026 | 7/11/2024 | 1358 | 803 |
| 2815 | 7964111, 4.58%, 1/6/2026 | 7/11/2024 | 2813 | 2060 |
| 178 | 7964754, 4.57%, 1/7/2026 | 7/11/2024 | 176 | 136 |
| 1206 | 7964906, 4.54%, 1/7/2026<sup>(e)</sup> | 7/11/2024 | 1205 | 32 |
| 724 | 7964934, 5.50%, 1/7/2026<sup>(e)</sup> | 7/11/2024 | 723 | 495 |
| 1550 | 7965239, 5.91%, 1/8/2026<sup>(e)</sup> | 7/11/2024 | 1549 | 664 |
| 456 | 7965331, 4.56%, 1/8/2026<sup>(e)</sup> | 7/11/2024 | 456 | 287 |
| 1381 | 7965535, 4.57%, 1/8/2026<sup>(e)</sup> | 7/11/2024 | 1381 | 867 |
|  | 7965717, 5.11%, 1/8/2026 | 7/11/2024 | (1) | (132) |
| 1143 | 7966312, 4.55%, 1/8/2026<sup>(e)</sup> | 7/11/2024 | 1143 | 26 |
| 800 | 7966881, 5.91%, 1/8/2026<sup>(e)</sup> | 7/11/2024 | 799 | 556 |
| 4990 | 7966945, 5.67%, 1/8/2026<sup>(e)</sup> | 7/11/2024 | 4988 | 85 |
| 1317 | 7967514, 5.11%, 1/8/2026<sup>(e)</sup> | 7/11/2024 | 1315 | 834 |
| 2327 | 7968355, 5.30%, 1/8/2026<sup>(e)</sup> | 7/11/2024 | 2325 | 1398 |
| 7769 | 7969423, 4.87%, 1/9/2026 | 7/12/2024 | 7760 | 4803 |
| 1036 | 7970093, 5.91%, 1/9/2026 | 7/12/2024 | 1035 | 507 |
| 2540 | 7970789, 4.53%, 1/9/2026<sup>(e)</sup> | 7/12/2024 | 2539 | 56 |
| 608 | 7972118, 4.87%, 1/10/2026 | 7/15/2024 | 606 | 386 |
| 231 | 7972292, 6.22%, 1/10/2026 | 7/15/2024 | 228 | 120 |
| 1475 | 7972453, 4.57%, 1/10/2026 | 7/15/2024 | 1475 | 820 |
| 252 | 7972778, 4.55%, 1/10/2026<sup>(e)</sup> | 7/15/2024 | 252 | 5 |
| 2410 | 7973651, 4.54%, 1/10/2026<sup>(e)</sup> | 7/15/2024 | 2409 | 59 |
| 2175 | 7974140, 4.56%, 1/10/2026 | 7/15/2024 | 2169 | 1631 |
| 546 | 7977198, 4.53%, 1/11/2026 | 7/16/2024 | 545 | 285 |
| 2465 | 7977474, 4.54%, 1/11/2026<sup>(e)</sup> | 7/16/2024 | 2464 | 31 |
| 965 | 7978485, 5.33%, 1/11/2026 | 7/16/2024 | 964 | 683 |
| 6529 | 7981109, 5.69%, 1/12/2026<sup>(e)</sup> | 7/17/2024 | 6526 | 134 |
| 151 | 7982085, 5.50%, 1/12/2026 | 7/17/2024 | 150 | 116 |
| 560 | 7982105, 5.23%, 1/12/2026 | 7/17/2024 | 558 | 282 |
| 1073 | 7982577, 4.89%, 1/12/2026<sup>(e)</sup> | 7/17/2024 | 1073 | 650 |
| 5368 | 7984414, 5.69%, 1/13/2026<sup>(e)</sup> | 7/18/2024 | 5365 | 264 |
| 4341 | 7985452, 5.93%, 1/14/2026<sup>(e)</sup> | 7/18/2024 | 4338 | 66 |

---

*See Notes to Financial Statements.*

82 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 218 | 7986766, 4.56%, 1/15/2026 | 7/18/2024 | 218 | 112 |
| 2537 | 7986972, 4.53%, 1/15/2026<sup>(e)</sup> | 7/18/2024 | 2536 | 37 |
| 1996 | 7987359, 5.67%, 1/15/2026<sup>(e)</sup> | 7/18/2024 | 1994 | 53 |
| 2846 | 7990060, 5.30%, 1/16/2026 | 7/19/2024 | 2844 | 1724 |
| 3219 | 7990142, 6.03%, 1/16/2026<sup>(e)</sup> | 7/19/2024 | 3216 | 94 |
| 1502 | 7991347, 5.21%, 1/16/2026 | 7/19/2024 | 1497 | 986 |
| 2951 | 7991424, 5.91%, 1/16/2026<sup>(e)</sup> | 7/19/2024 | 2950 | 71 |
| 2507 | 7993976, 5.92%, 1/17/2026 | 7/22/2024 | 2505 | 1291 |
| 3854 | 7994086, 4.53%, 1/17/2026<sup>(e)</sup> | 7/22/2024 | 3853 | 47 |
| 3095 | 7994410, 4.56%, 1/17/2026 | 7/22/2024 | 3092 | 2240 |
| 1350 | 7999992, 5.92%, 1/17/2026<sup>(e)</sup> | 7/22/2024 | 1350 | 23 |
| 4294 | 8000000, 5.12%, 1/17/2026 | 7/22/2024 | 4291 | 2404 |
| 363 | 8000065, 4.54%, 1/17/2026<sup>(e)</sup> | 7/22/2024 | 360 | 7 |
| 18265 | 8000263, 5.30%, 1/17/2026 | 7/22/2024 | 18257 | 10294 |
| 9757 | 8003534, 5.69%, 1/18/2026<sup>(e)</sup> | 7/23/2024 | 9749 | 275 |
| 60 | 8004482, 6.24%, 1/18/2026 | 7/23/2024 | 57 | 30 |
| 236 | 8004587, 6.23%, 1/18/2026<sup>(e)</sup> | 7/23/2024 | 235 | 9 |
| 11490 | 8004600, 5.14%, 1/18/2026 | 7/23/2024 | 11455 | 8506 |
| 33244 | 8005095, 5.50%, 1/18/2026<sup>(e)</sup> | 7/23/2024 | 33203 | 622 |
| 2103 | 8006339, 4.55%, 1/18/2026<sup>(e)</sup> | 7/23/2024 | 2098 | 1005 |
| 24759 | 8008023, 4.89%, 1/19/2026 | 7/24/2024 | 24734 | 18419 |
| 6844 | 8010113, 5.32%, 1/20/2026 | 7/25/2024 | 6773 | 3898 |
| 627 | 8010426, 5.14%, 1/20/2026<sup>(e)</sup> | 7/25/2024 | 626 | 333 |
| 874 | 8010572, 4.58%, 1/20/2026 | 7/25/2024 | 873 | 670 |
| 261 | 8011406, 5.67%, 1/21/2026 | 7/25/2024 | 260 | 166 |
| 22078 | 8016504, 5.30%, 1/23/2026<sup>(e)</sup> | 7/26/2024 | 22056 | 599 |
| 1676 | 8017229, 4.87%, 1/23/2026<sup>(e)</sup> | 7/26/2024 | 1674 | 981 |
| 2954 | 8018603, 4.57%, 1/23/2026 | 7/26/2024 | 2951 | 2254 |
|  | 8019613, 5.92%, 1/24/2026 | 7/29/2024 | (160) |  |
| 440 | 8019683, 4.53%, 1/24/2026 | 7/29/2024 | 438 | 169 |
| 1396 | 8019722, 5.30%, 1/24/2026 | 7/29/2024 | 1392 | 1043 |
| 19688 | 8020138, 6.22%, 1/24/2026<sup>(e)</sup> | 7/29/2024 | 19676 | 469 |
| 2127 | 8020921, 5.66%, 1/24/2026 | 7/29/2024 | 2124 | 1150 |
| 4852 | 8021875, 5.91%, 1/24/2026<sup>(e)</sup> | 7/29/2024 | 4850 | 122 |
| 305 | 8024852, 5.96%, 1/25/2026 | 7/30/2024 | 304 | 145 |
| 11101 | 8025198, 4.89%, 1/25/2026 | 7/30/2024 | 11096 | 7080 |
| 5794 | 8025487, 4.55%, 1/25/2026<sup>(e)</sup> | 7/30/2024 | 5791 | 2651 |
| 4304 | 8026861, 4.89%, 1/25/2026<sup>(e)</sup> | 7/30/2024 | 4303 | 117 |
| 180 | 8028481, 5.51%, 1/26/2026 | 7/31/2024 | 179 | 134 |
| 5299 | 8028949, 5.68%, 1/26/2026<sup>(e)</sup> | 7/31/2024 | 5297 | 39 |
| 548 | 8029336, 5.69%, 1/26/2026 | 7/31/2024 | 547 | 337 |
| 28220 | 8030168, 5.14%, 1/26/2026<sup>(e)</sup> | 7/31/2024 | 28147 | 607 |
| 1072 | 8031757, 4.54%, 1/27/2026<sup>(e)</sup> | 8/1/2024 | 1071 | 8 |
| 591 | 8031857, 4.89%, 1/27/2026<sup>(e)</sup> | 8/1/2024 | 590 | 408 |
| 50 | 8032270, 5.92%, 1/28/2026 | 8/1/2024 | 49 | 41 |
| 1216 | 8032369, 5.91%, 1/28/2026<sup>(e)</sup> | 8/1/2024 | 1216 | 644 |
| 14514 | 8032586, 5.68%, 1/28/2026<sup>(e)</sup> | 8/1/2024 | 14510 | 157 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 83

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1536 | 8034285, 5.91%, 1/29/2026<sup>(e)</sup> | 8/1/2024 | 1534 | 39 |
| 10001 | 8034315, 5.91%, 1/29/2026<sup>(e)</sup> | 8/1/2024 | 9997 | 139 |
| 4102 | 8034444, 5.67%, 1/29/2026<sup>(e)</sup> | 8/1/2024 | 4100 | 94 |
| 7590 | 8034951, 4.53%, 1/29/2026<sup>(e)</sup> | 8/1/2024 | 7584 | 3414 |
| 44864 | 8036746, 5.91%, 1/29/2026<sup>(e)</sup> | 8/1/2024 | 44837 | 934 |
| 19 | 8038993, 4.56%, 1/30/2026 | 8/2/2024 | 18 | 18 |
| 983 | 8039933, 5.12%, 1/30/2026 | 8/2/2024 | 982 | 663 |
| 2576 | 8040253, 4.56%, 1/30/2026<sup>(e)</sup> | 8/2/2024 | 2575 | 113 |
| 637 | 8041020, 5.49%, 1/31/2026<sup>(e)</sup> | 8/5/2024 | 635 | 325 |
| 716 | 8042662, 4.53%, 1/31/2026<sup>(e)</sup> | 8/5/2024 | 715 | 14 |
| 9296 | 8043810, 5.12%, 1/31/2026<sup>(e)</sup> | 8/5/2024 | 9259 | 288 |
| 1624 | 8043995, 5.91%, 1/31/2026 | 8/5/2024 | 1617 | 1005 |
| 3272 | 8047336, 4.55%, 2/1/2026 | 8/6/2024 | 3265 | 1453 |
| 626 | 8047929, 6.05%, 2/1/2026 | 8/6/2024 | 624 | 432 |
| 1730 | 8048439, 5.14%, 2/1/2026<sup>(e)</sup> | 8/6/2024 | 1729 | 1191 |
| 4375 | 8050504, 6.06%, 2/1/2026<sup>(e)</sup> | 8/6/2024 | 4373 | 64 |
| 409 | 8050544, 5.24%, 2/1/2026<sup>(e)</sup> | 8/7/2024 | 409 | 13 |
| 153 | 8053441, 5.34%, 2/2/2026 | 8/7/2024 | 152 | 116 |
| 1977 | 8053450, 6.25%, 2/2/2026<sup>(e)</sup> | 8/7/2024 | 1976 | 46 |
| 888 | 8053471, 5.31%, 2/2/2026<sup>(e)</sup> | 8/7/2024 | 887 | 418 |
| 2542 | 8053624, 5.32%, 2/2/2026 | 8/7/2024 | 2540 | 1465 |
| 3955 | 8053707, 4.55%, 2/2/2026<sup>(e)</sup> | 8/7/2024 | 3954 | 57 |
| 7043 | 8054425, 5.69%, 2/3/2026<sup>(e)</sup> | 8/8/2024 | 7037 | 3707 |
| 1072 | 8055284, 5.30%, 2/4/2026 | 8/8/2024 | 1071 | 719 |
| 602 | 8055345, 5.91%, 2/4/2026 | 8/8/2024 | 602 | 308 |
| 116 | 8058149, 4.51%, 2/5/2026 | 8/8/2024 | 116 | 68 |
| 957 | 8060003, 4.56%, 2/5/2026 | 8/8/2024 | 954 | 897 |
| 1566 | 8061719, 4.54%, 2/6/2026<sup>(e)</sup> | 8/9/2024 | 1565 | 11 |
| 1278 | 8062462, 4.55%, 2/6/2026<sup>(e)</sup> | 8/9/2024 | 1277 | 14 |
| 3474 | 8062553, 4.56%, 2/6/2026<sup>(e)</sup> | 8/9/2024 | 3474 | 135 |
| 1898 | 8065475, 4.54%, 2/7/2026<sup>(e)</sup> | 8/12/2024 | 1898 | 13 |
| 2437 | 8066211, 4.53%, 2/7/2026<sup>(e)</sup> | 8/12/2024 | 2411 | 932 |
| 1185 | 8066269, 6.05%, 2/7/2026<sup>(e)</sup> | 8/12/2024 | 1184 | 585 |
| 220 | 8066626, 6.21%, 2/7/2026 | 8/12/2024 | 196 | 151 |
| 15459 | 8069329, 5.69%, 2/8/2026<sup>(e)</sup> | 8/13/2024 | 15450 | 6820 |
| 347 | 8070306, 4.58%, 2/8/2026 | 8/13/2024 | 345 | 326 |
| 2521 | 8070391, 5.94%, 2/8/2026 | 8/13/2024 | 2519 | 1365 |
| 8512 | 8075716, 5.32%, 2/9/2026<sup>(e)</sup> | 8/14/2024 | 8507 | 247 |
| 3871 | 8076149, 5.14%, 2/10/2026<sup>(e)</sup> | 8/15/2024 | 3861 | 2172 |
| 1797 | 8076833, 4.58%, 2/10/2026 | 8/15/2024 | 1793 | 1451 |
| 7052 | 8076898, 4.54%, 2/11/2026<sup>(e)</sup> | 8/15/2024 | 7043 | 182 |
| 1172 | 8077477, 5.92%, 2/11/2026 | 8/15/2024 | 1171 | 752 |
| 2969 | 8077986, 6.04%, 2/12/2026<sup>(e)</sup> | 8/15/2024 | 2968 | 23 |
| 1330 | 8078316, 5.67%, 2/12/2026<sup>(e)</sup> | 8/15/2024 | 1328 | 964 |
| 2509 | 8078490, 4.57%, 2/12/2026<sup>(e)</sup> | 8/15/2024 | 2507 | 1934 |
| 7668 | 8080538, 5.12%, 2/12/2026 | 8/15/2024 | 7660 | 5405 |

---

*See Notes to Financial Statements.*

84 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1206 | 8081659, 5.31%, 2/13/2026 | 8/16/2024 | 1205 | 722 |
| 728 | 8082955, 4.88%, 2/13/2026 | 8/16/2024 | 728 | 545 |
| 4278 | 8083907, 5.12%, 2/13/2026<sup>(e)</sup> | 8/16/2024 | 4277 | 184 |
| 1367 | 8084395, 5.92%, 2/13/2026<sup>(e)</sup> | 8/16/2024 | 1366 | 16 |
| 2271 | 8085158, 4.87%, 2/14/2026<sup>(e)</sup> | 8/19/2024 | 2268 | 260 |
| 496 | 8086150, 5.92%, 2/14/2026<sup>(e)</sup> | 8/19/2024 | 486 | 218 |
| 43122 | 8086753, 5.91%, 2/14/2026<sup>(e)</sup> | 8/19/2024 | 43053 | 1463 |
| 270 | 8087422, 5.92%, 2/14/2026 | 8/19/2024 | 269 | 136 |
| 253 | 8091299, 5.14%, 2/15/2026 | 8/20/2024 | 251 | 236 |
| 251 | 8091622, 5.13%, 2/15/2026<sup>(e)</sup> | 8/20/2024 | 250 | 223 |
| 1355 | 8091752, 5.69%, 2/15/2026 | 8/20/2024 | 1354 | 753 |
| 198 | 8092218, 4.55%, 2/15/2026 | 8/20/2024 | 197 | 94 |
| 490 | 8092595, 4.52%, 2/15/2026<sup>(e)</sup> | 8/20/2024 | 489 | 9 |
| 1224 | 8092757, 4.59%, 2/15/2026 | 8/20/2024 | 1224 | 798 |
| 587 | 8092992, 6.05%, 2/15/2026<sup>(e)</sup> | 8/20/2024 | 586 | 16 |
| 617 | 8093748, 4.90%, 2/16/2026 | 8/21/2024 | 614 | 493 |
| 437 | 8097467, 4.51%, 2/17/2026<sup>(e)</sup> | 8/22/2024 | 437 | 144 |
|  | 8098158, 5.13%, 2/18/2026 | 8/22/2024 | (1345) |  |
| 1499 | 8098349, 5.13%, 2/18/2026<sup>(e)</sup> | 8/22/2024 | 1497 | 42 |
| 1961 | 8100189, 4.56%, 2/19/2026 | 8/22/2024 | 1957 | 1763 |
| 83 | 8101822, 4.52%, 2/19/2026 | 8/22/2024 | 83 | 53 |
| 1523 | 8104683, 5.91%, 2/20/2026<sup>(e)</sup> | 8/23/2024 | 1523 | 33 |
| 373 | 8105749, 4.57%, 2/20/2026 | 8/23/2024 | 373 | 326 |
| 18512 | 8108914, 4.87%, 2/21/2026 | 8/26/2024 | 18494 | 13079 |
| 501 | 8114338, 5.69%, 2/22/2026<sup>(e)</sup> | 8/27/2024 | 500 | 335 |
| 1262 | 8115559, 6.18%, 2/23/2026 | 8/28/2024 | 1261 | 738 |
| 1616 | 8115644, 4.89%, 2/23/2026 | 8/28/2024 | 1578 | 1487 |
| 5869 | 8116427, 4.89%, 2/23/2026 | 8/28/2024 | 5866 | 3976 |
| 1274 | 8118175, 4.56%, 2/23/2026 | 8/28/2024 | 1273 | 545 |
| 1470 | 8118848, 6.09%, 2/24/2026 | 8/29/2024 | 1468 | 942 |
| 316 | 8119944, 5.93%, 2/25/2026 | 8/29/2024 | 311 | 222 |
| 11127 | 8119951, 5.19%, 2/25/2026<sup>(e)</sup> | 8/29/2024 | 11109 | 269 |
| 842 | 8122454, 5.92%, 2/26/2026<sup>(e)</sup> | 8/29/2024 | 840 | 288 |
| 531 | 8126215, 5.91%, 2/27/2026 | 8/30/2024 | 530 | 391 |
| 298 | 8126778, 4.53%, 2/27/2026 | 8/30/2024 | 294 | 174 |
| 448 | 8127621, 4.74%, 2/27/2026<sup>(e)</sup> | 8/30/2024 | 444 | 8 |
| 10890 | 8128589, 5.67%, 2/28/2026<sup>(e)</sup> | 9/3/2024 | 10857 | 6145 |
| 10007 | 8130765, 4.89%, 2/28/2026 | 9/3/2024 | 9995 | 8518 |
| 12965 | 8139588, 5.23%, 2/28/2026<sup>(e)</sup> | 9/5/2024 | 12958 | 7645 |
| 832 | 8140372, 4.61%, 2/28/2026<sup>(e)</sup> | 9/5/2024 | 830 | 733 |
| 2063 | 8140485, 4.94%, 2/28/2026 | 9/5/2024 | 2050 | 2021 |
| 2450 | 8141325, 4.61%, 2/28/2026 | 9/5/2024 | 2444 | 2306 |
| 599 | 8141921, 5.96%, 2/28/2026 | 9/5/2024 | 597 | 515 |
| 4403 | 8142024, 6.22%, 2/28/2026<sup>(e)</sup> | 9/5/2024 | 4401 | 1593 |
| 227 | 8142688, 6.13%, 2/28/2026<sup>(e)</sup> | 9/6/2024 | 227 | 165 |
| 5186 | 8143299, 6.14%, 2/28/2026<sup>(e)</sup> | 9/6/2024 | 5180 | 56 |
| 3055 | 8143435, 5.95%, 3/1/2026<sup>(e)</sup> | 9/6/2024 | 3053 | 863 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 85

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1625 | 8144310, 5.22%, 3/1/2026<sup>(e)</sup> | 9/6/2024 | 1625 | 765 |
| 9 | 8144678, 4.60%, 3/2/2026 | 9/6/2024 | 8 | 9 |
| 2832 | 8145102, 5.95%, 3/2/2026 | 9/6/2024 | 2829 | 1848 |
| 2530 | 8151810, 6.45%, 3/4/2026<sup>(e)</sup> | 9/9/2024 | 2529 | 23 |
| 6509 | 8151881, 5.93%, 3/4/2026<sup>(e)</sup> | 9/9/2024 | 6500 | 146 |
| 1107 | 8155957, 4.95%, 3/5/2026<sup>(e)</sup> | 9/10/2024 | 1106 | 28 |
| 566 | 8156915, 6.12%, 3/5/2026<sup>(e)</sup> | 9/10/2024 | 563 | 15 |
| 4057 | 8157054, 4.93%, 3/5/2026<sup>(e)</sup> | 9/10/2024 | 4054 | 143 |
| 1633 | 8157519, 6.13%, 3/5/2026<sup>(e)</sup> | 9/10/2024 | 1632 | 480 |
| 1044 | 8162958, 5.48%, 3/7/2026 | 9/12/2024 | 1043 | 749 |
| 171 | 8163029, 5.71%, 3/7/2026 | 9/12/2024 | 170 | 140 |
| 1528 | 8163393, 5.71%, 3/8/2026 | 9/12/2024 | 1524 | 1323 |
| 6021 | 8165162, 4.56%, 3/9/2026 | 9/12/2024 | 6017 | 3476 |
| 3529 | 8165591, 6.20%, 3/9/2026<sup>(e)</sup> | 9/12/2024 | 3528 | 41 |
| 3634 | 8166385, 4.59%, 3/9/2026 | 9/12/2024 | 3626 | 3479 |
| 664 | 8167759, 6.44%, 3/10/2026<sup>(e)</sup> | 9/13/2024 | 663 | 11 |
| 2737 | 8169107, 5.93%, 3/10/2026 | 9/13/2024 | 2731 | 1993 |
| 2134 | 8169429, 4.59%, 3/10/2026 | 9/13/2024 | 2108 | 2061 |
| 39 | 8170976, 6.35%, 3/10/2026<sup>(e)</sup> | 9/13/2024 | 38 | 30 |
| 2897 | 8176748, 6.22%, 3/12/2026<sup>(e)</sup> | 9/17/2024 | 2894 | 65 |
| 1481 | 8177590, 5.44%, 3/12/2026<sup>(e)</sup> | 9/17/2024 | 1480 | 26 |
| 10137 | 8177695, 6.22%, 3/12/2026<sup>(e)</sup> | 9/17/2024 | 10132 | 242 |
| 137 | 8178154, 5.96%, 3/12/2026 | 9/17/2024 | 134 | 121 |
| 70 | 8178733, 6.49%, 3/12/2026 | 9/17/2024 | 70 | 50 |
| 172 | 8180825, 6.34%, 3/13/2026<sup>(e)</sup> | 9/18/2024 | 157 | 68 |
| 975 | 8181459, 4.61%, 3/13/2026 | 9/18/2024 | 974 | 916 |
| 1666 | 8181656, 6.21%, 3/13/2026<sup>(e)</sup> | 9/18/2024 | 1665 | 730 |
| 1650 | 8181693, 5.23%, 3/13/2026 | 9/18/2024 | 1648 | 1127 |
| 456 | 8182256, 5.71%, 3/13/2026 | 9/18/2024 | 455 | 344 |
| 2809 | 8184628, 4.94%, 3/14/2026<sup>(e)</sup> | 9/19/2024 | 2808 | 104 |
| 827 | 8185464, 6.45%, 3/15/2026<sup>(e)</sup> | 9/19/2024 | 826 | 24 |
| 4860 | 8185885, 5.22%, 3/15/2026<sup>(e)</sup> | 9/19/2024 | 4858 | 2812 |
| 1432 | 8186231, 6.19%, 3/16/2026<sup>(e)</sup> | 9/19/2024 | 1430 | 29 |
| 1580 | 8187345, 5.46%, 3/16/2026 | 9/19/2024 | 1578 | 1142 |
| 2470 | 8187467, 4.59%, 3/16/2026 | 9/19/2024 | 2469 | 1406 |
| 257 | 8188757, 4.93%, 3/16/2026 | 9/19/2024 | 257 | 239 |
| 293 | 8189834, 6.19%, 3/16/2026 | 9/19/2024 | 292 | 268 |
| 5522 | 8191215, 5.21%, 3/17/2026<sup>(e)</sup> | 9/20/2024 | 5519 | 123 |
| 2912 | 8191315, 5.20%, 3/17/2026<sup>(e)</sup> | 9/20/2024 | 2911 | 39 |
| 2272 | 8191332, 4.59%, 3/17/2026 | 9/20/2024 | 2265 | 2238 |
| 1818 | 8191814, 4.92%, 3/17/2026 | 9/20/2024 | 1815 | 1474 |
| 16877 | 8193564, 4.92%, 3/18/2026<sup>(e)</sup> | 9/23/2024 | 16859 | 518 |
| 928 | 8193885, 6.46%, 3/18/2026<sup>(e)</sup> | 9/23/2024 | 927 | 15 |
| 12033 | 8194170, 5.21%, 3/18/2026<sup>(e)</sup> | 9/23/2024 | 12007 | 216 |
| 1083 | 8194671, 4.92%, 3/18/2026 | 9/23/2024 | 1079 | 1007 |
| 2991 | 8196814, 4.59%, 3/18/2026 | 9/23/2024 | 2988 | 2709 |

---

*See Notes to Financial Statements.*

86 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 332 | 8199202, 5.23%, 3/19/2026 | 9/24/2024 | 332 | 290 |
| 3123 | 8202767, 5.23%, 3/20/2026 | 9/25/2024 | 3120 | 2419 |
| 13702 | 8207163, 5.46%, 3/22/2026 | 9/26/2024 | 13695 | 4910 |
| 972 | 8209717, 6.44%, 3/23/2026<sup>(e)</sup> | 9/26/2024 | 970 | 402 |
| 17190 | 8209858, 4.92%, 3/23/2026<sup>(e)</sup> | 9/26/2024 | 17179 | 418 |
| 8717 | 8210703, 4.59%, 3/23/2026 | 9/26/2024 | 8709 | 7210 |
| 927 | 8211109, 6.19%, 3/23/2026 | 9/26/2024 | 926 | 634 |
| 29072 | 8211177, 5.93%, 3/23/2026<sup>(e)</sup> | 9/26/2024 | 29062 | 6068 |
| 220 | 8220557, 4.75%, 3/26/2026 | 10/1/2024 | 219 | 123 |
| 9702 | 8225963, 5.23%, 3/27/2026<sup>(e)</sup> | 10/2/2024 | 9698 | 6776 |
| 6938 | 8226231, 4.61%, 3/27/2026 | 10/2/2024 | 6934 | 5857 |
| 1861 | 8228124, 6.22%, 3/28/2026<sup>(e)</sup> | 10/3/2024 | 1860 | 33 |
| 400 | 8228437, 4.61%, 3/28/2026 | 10/3/2024 | 399 | 367 |
| 1981 | 8229421, 6.21%, 3/29/2026 | 10/3/2024 | 1978 | 1376 |
| 752 | 8232281, 4.93%, 3/30/2026 | 10/3/2024 | 752 | 317 |
| 575 | 8233118, 5.70%, 3/30/2026 | 10/3/2024 | 573 | 538 |
| 2582 | 8234367, 6.20%, 3/30/2026<sup>(e)</sup> | 10/3/2024 | 2579 | 1108 |
| 4591 | 8236722, 4.58%, 4/1/2026 | 10/4/2024 | 4581 | 4492 |
| 1395 | 8237580, 5.92%, 4/1/2026 | 10/4/2024 | 1389 | 1257 |
| 3249 | 8237982, 4.75%, 4/1/2026 | 10/4/2024 | 3248 | 1358 |
| 1205 | 8239749, 4.59%, 4/2/2026 | 10/7/2024 | 1204 | 928 |
| 1657 | 8242398, 5.90%, 4/2/2026<sup>(e)</sup> | 10/7/2024 | 1656 | 21 |
| 976 | 8244877, 4.60%, 4/3/2026 | 10/8/2024 | 971 | 914 |
| 3018 | 8246578, 6.45%, 4/3/2026<sup>(e)</sup> | 10/8/2024 | 3013 | 67 |
| 1003 | 8247261, 4.60%, 4/3/2026 | 10/8/2024 | 1002 | 967 |
| 35 | 8248216, 5.94%, 4/3/2026 | 10/8/2024 | 34 | 34 |
| 4193 | 8249045, 6.32%, 4/4/2026<sup>(e)</sup> | 10/9/2024 | 4191 | 62 |
| 2669 | 8249101, 5.71%, 4/4/2026<sup>(e)</sup> | 10/9/2024 | 2669 | 526 |
| 1783 | 8249713, 5.46%, 4/4/2026 | 10/9/2024 | 1772 | 1350 |
| 1627 | 8250472, 4.93%, 4/4/2026 | 10/9/2024 | 1624 | 1345 |
| 2241 | 8250966, 4.60%, 4/4/2026 | 10/9/2024 | 2240 | 1718 |
| 452 | 8251164, 6.33%, 4/4/2026 | 10/9/2024 | 451 | 353 |
| 666 | 8251300, 5.47%, 4/4/2026 | 10/9/2024 | 665 | 589 |
| 1332 | 8252831, 6.33%, 4/5/2026<sup>(e)</sup> | 10/10/2024 | 1331 | 17 |
| 1395 | 8254401, 6.44%, 4/6/2026 | 10/10/2024 | 1390 | 1133 |
| 16033 | 8254926, 5.20%, 4/7/2026<sup>(e)</sup> | 10/10/2024 | 16028 | 192 |
| 932 | 8255658, 5.43%, 4/7/2026 | 10/10/2024 | 929 | 529 |
| 2387 | 8255867, 6.09%, 4/7/2026<sup>(e)</sup> | 10/10/2024 | 2386 | 52 |
| 1565 | 8255965, 5.19%, 4/7/2026 | 10/10/2024 | 1564 | 1249 |
| 836 | 8256119, 6.08%, 4/7/2026<sup>(e)</sup> | 10/10/2024 | 835 | 8 |
| 15345 | 8256317, 4.58%, 4/7/2026<sup>(e)</sup> | 10/10/2024 | 15341 | 7706 |
| 1063 | 8256784, 5.46%, 4/7/2026 | 10/10/2024 | 1062 | 765 |
| 724 | 8257281, 4.92%, 4/7/2026 | 10/10/2024 | 723 | 606 |
| 5824 | 8257569, 5.44%, 4/7/2026 | 10/10/2024 | 5821 | 3414 |
| 246 | 8257925, 4.92%, 4/7/2026 | 10/10/2024 | 246 | 238 |
| 7332 | 8257935, 5.45%, 4/7/2026<sup>(e)</sup> | 10/10/2024 | 7330 | 142 |
| 375 | 8258548, 5.44%, 4/8/2026 | 10/11/2024 | 375 | 328 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 87

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 236 | 8258807, 5.21%, 4/8/2026 | 10/11/2024 | 236 | 227 |
| 1666 | 8258866, 5.42%, 4/8/2026<sup>(e)</sup> | 10/11/2024 | 1664 | 37 |
| 1719 | 8259824, 4.58%, 4/8/2026 | 10/11/2024 | 1717 | 1245 |
| 3528 | 8260404, 6.19%, 4/8/2026 | 10/11/2024 | 3524 | 2367 |
| 13184 | 8261212, 4.58%, 4/8/2026 | 10/11/2024 | 13180 | 9017 |
| 593 | 8265283, 6.30%, 4/9/2026<sup>(e)</sup> | 10/15/2024 | 592 | 217 |
| 6115 | 8270658, 6.34%, 4/10/2026<sup>(e)</sup> | 10/16/2024 | 6112 | 56 |
| 6730 | 8271608, 4.78%, 4/10/2026<sup>(e)</sup> | 10/16/2024 | 6727 | 53 |
| 484 | 8272411, 6.14%, 4/10/2026 | 10/16/2024 | 483 | 281 |
| 43377 | 8272555, 6.34%, 4/10/2026<sup>(e)</sup> | 10/16/2024 | 43359 | 421 |
| 3393 | 8273659, 4.61%, 4/11/2026 | 10/17/2024 | 3390 | 2537 |
| 3638 | 8276953, 6.22%, 4/11/2026 | 10/17/2024 | 3635 | 1783 |
| 7746 | 8277011, 5.95%, 4/11/2026<sup>(e)</sup> | 10/17/2024 | 7742 | 4479 |
| 37 | 8277478, 4.94%, 4/12/2026 | 10/18/2024 | 35 | 37 |
| 7533 | 8277643, 5.23%, 4/12/2026 | 10/18/2024 | 7503 | 4652 |
| 1829 | 8278296, 6.13%, 4/12/2026 | 10/18/2024 | 1813 | 1114 |
| 129 | 8278367, 6.20%, 4/13/2026 | 10/18/2024 | 125 | 114 |
| 2518 | 8279813, 6.19%, 4/14/2026<sup>(e)</sup> | 10/18/2024 | 2515 | 54 |
| 1147 | 8280270, 5.22%, 4/14/2026 | 10/18/2024 | 1146 | 844 |
| 750 | 8280356, 4.92%, 4/14/2026 | 10/18/2024 | 749 | 674 |
| 483 | 8283657, 4.79%, 4/15/2026 | 10/18/2024 | 482 | 230 |
| 13906 | 8284930, 4.91%, 4/16/2026 | 10/21/2024 | 13896 | 12048 |
| 568 | 8286181, 6.43%, 4/16/2026<sup>(e)</sup> | 10/21/2024 | 563 | 432 |
| 8680 | 8286656, 5.20%, 4/16/2026<sup>(e)</sup> | 10/21/2024 | 8678 | 113 |
| 762 | 8291071, 4.93%, 4/17/2026 | 10/22/2024 | 761 | 697 |
| 1752 | 8292308, 6.10%, 4/17/2026<sup>(e)</sup> | 10/22/2024 | 1751 | 17 |
| 29 | 8292963, 6.34%, 4/17/2026<sup>(e)</sup> | 10/22/2024 | 29 | 26 |
| 1680 | 8293215, 5.71%, 4/17/2026 | 10/22/2024 | 1678 | 924 |
| 5976 | 8296252, 5.46%, 4/18/2026<sup>(e)</sup> | 10/23/2024 | 5973 | 3770 |
| 1083 | 8296571, 6.22%, 4/18/2026 | 10/23/2024 | 1081 | 763 |
| 525 | 8297898, 5.95%, 4/18/2026 | 10/23/2024 | 525 | 317 |
| 7142 | 8298603, 6.33%, 4/19/2026<sup>(e)</sup> | 10/24/2024 | 7137 | 143 |
| 2898 | 8300185, 4.59%, 4/20/2026 | 10/24/2024 | 2897 | 2382 |
| 6725 | 8301688, 4.91%, 4/21/2026<sup>(e)</sup> | 10/24/2024 | 6723 | 2288 |
| 4044 | 8304648, 4.58%, 4/22/2026 | 10/25/2024 | 4040 | 3359 |
| 11156 | 8307137, 6.18%, 4/22/2026<sup>(e)</sup> | 10/25/2024 | 11152 | 84 |
| 4003 | 8311050, 6.09%, 4/23/2026<sup>(e)</sup> | 10/28/2024 | 4000 | 52 |
| 781 | 8314265, 4.77%, 4/24/2026<sup>(e)</sup> | 10/29/2024 | 781 | 231 |
| 3845 | 8315407, 6.45%, 4/24/2026 | 10/29/2024 | 3840 | 2603 |
| 1492 | 8318811, 4.92%, 4/25/2026 | 10/30/2024 | 1492 | 1020 |
| 339 | 8320631, 6.23%, 4/25/2026 | 10/30/2024 | 338 | 206 |
| 1791 | 8320635, 5.22%, 4/25/2026 | 10/30/2024 | 1787 | 1677 |
| 1162 | 8322111, 4.92%, 4/27/2026<sup>(e)</sup> | 10/31/2024 | 1161 | 483 |
| 5032 | 8324691, 5.92%, 4/28/2026<sup>(e)</sup> | 10/31/2024 | 5031 | 97 |
| 121 | 8326267, 4.74%, 4/28/2026<sup>(e)</sup> | 10/31/2024 | 121 | 77 |
| 3070 | 8326291, 4.58%, 4/28/2026 | 10/31/2024 | 3068 | 2524 |

---

*See Notes to Financial Statements.*

88 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1726 | 8326449, 4.91%, 4/28/2026<sup>(e)</sup> | 10/31/2024 | 1724 | 1371 |
| 2089 | 8327189, 6.19%, 4/29/2026<sup>(e)</sup> | 11/1/2024 | 2088 | 40 |
| 4360 | 8328313, 4.76%, 4/29/2026<sup>(e)</sup> | 11/1/2024 | 4357 | 67 |
| 239 | 8329326, 5.92%, 4/29/2026<sup>(e)</sup> | 11/1/2024 | 238 | 220 |
| 4580 | 8330602, 5.69%, 4/29/2026<sup>(e)</sup> | 11/1/2024 | 4576 | 3443 |
| 3041 | 8331923, 4.58%, 4/30/2026 | 11/4/2024 | 3026 | 2910 |
| 1100 | 8333390, 4.58%, 4/30/2026 | 11/4/2024 | 1091 | 1076 |
| 3891 | 8334244, 5.93%, 4/30/2026<sup>(e)</sup> | 11/4/2024 | 3890 | 32 |
| 3670 | 8339802, 6.34%, 4/30/2026<sup>(e)</sup> | 11/5/2024 | 3668 | 1495 |
| 10148 | 8341791, 5.47%, 5/1/2026 | 11/6/2024 | 10124 | 7914 |
| 1367 | 8342234, 4.79%, 5/1/2026<sup>(e)</sup> | 11/6/2024 | 1366 | 635 |
| 1309 | 8342260, 5.23%, 5/1/2026<sup>(e)</sup> | 11/6/2024 | 1306 | 721 |
| 2809 | 8343064, 4.77%, 5/1/2026<sup>(e)</sup> | 11/6/2024 | 2808 | 50 |
| 1482 | 8343243, 6.22%, 5/1/2026<sup>(e)</sup> | 11/6/2024 | 1481 | 780 |
| 1112 | 8343349, 5.45%, 5/1/2026<sup>(e)</sup> | 11/6/2024 | 1110 | 697 |
| 287 | 8343816, 6.24%, 5/2/2026 | 11/7/2024 | 287 | 236 |
| 2440 | 8343839, 6.21%, 5/2/2026<sup>(e)</sup> | 11/7/2024 | 2439 | 19 |
| 462 | 8343867, 6.13%, 5/2/2026 | 11/7/2024 | 462 | 165 |
| 927 | 8344609, 5.96%, 5/2/2026 | 11/7/2024 | 927 | 534 |
| 9906 | 8344642, 6.46%, 5/2/2026<sup>(e)</sup> | 11/7/2024 | 9897 | 186 |
| 4746 | 8345590, 4.60%, 5/3/2026<sup>(e)</sup> | 11/7/2024 | 4744 | 100 |
| 1108 | 8346632, 4.91%, 5/4/2026 | 11/7/2024 | 1106 | 1012 |
| 3423 | 8346866, 5.93%, 5/4/2026 | 11/7/2024 | 3413 | 3099 |
| 266 | 8348968, 6.43%, 5/4/2026 | 11/7/2024 | 265 | 168 |
| 3033 | 8350402, 6.11%, 5/5/2026<sup>(e)</sup> | 11/8/2024 | 3024 | 1673 |
| 1540 | 8350456, 6.43%, 5/5/2026 | 11/8/2024 | 1538 | 842 |
| 235 | 8352419, 4.59%, 5/5/2026 | 11/8/2024 | 234 | 232 |
| 1825 | 8354675, 4.59%, 5/6/2026 | 11/12/2024 | 1815 | 1673 |
| 750 | 8355938, 4.59%, 5/6/2026 | 11/12/2024 | 728 | 743 |
| 24011 | 8361668, 4.62%, 5/7/2026<sup>(e)</sup> | 11/13/2024 | 24003 | 17035 |
| 262 | 8363308, 4.95%, 5/7/2026 | 11/13/2024 | 261 | 254 |
| 183 | 8364834, 5.48%, 5/8/2026 | 11/14/2024 | 182 | 171 |
| 42751 | 8366324, 4.62%, 5/8/2026 | 11/14/2024 | 42738 | 29932 |
| 6853 | 8368313, 4.62%, 5/9/2026 | 11/15/2024 | 6849 | 5841 |
| 1201 | 8369946, 4.94%, 5/10/2026 | 11/15/2024 | 1200 | 1074 |
| 6665 | 8371304, 5.22%, 5/11/2026 | 11/15/2024 | 6661 | 5185 |
| 1085 | 8373455, 4.60%, 5/12/2026 | 11/15/2024 | 1084 | 983 |
| 5465 | 8373832, 4.59%, 5/12/2026 | 11/15/2024 | 5461 | 5020 |
| 596 | 8374708, 6.10%, 5/12/2026 | 11/15/2024 | 595 | 389 |
| 1527 | 8376876, 5.43%, 5/13/2026 | 11/18/2024 | 1524 | 827 |
| 1326 | 8381138, 4.60%, 5/14/2026 | 11/19/2024 | 1326 | 1187 |
| 8184 | 8383652, 5.95%, 5/14/2026 | 11/19/2024 | 8179 | 4768 |
| 2926 | 8384748, 4.93%, 5/15/2026 | 11/20/2024 | 2918 | 2426 |
| 8049 | 8387172, 5.47%, 5/15/2026<sup>(e)</sup> | 11/20/2024 | 8044 | 6029 |
| 384 | 8388440, 6.23%, 5/16/2026 | 11/21/2024 | 383 | 272 |
| 2543 | 8388718, 5.96%, 5/16/2026 | 11/21/2024 | 2531 | 2166 |
| 1047 | 8389387, 4.60%, 5/17/2026 | 11/21/2024 | 1045 | 980 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 89

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 372 | 8390066, 6.20%, 5/18/2026 | 11/21/2024 | 369 | 329 |
| 953 | 8390651, 5.21%, 5/18/2026<sup>(e)</sup> | 11/21/2024 | 952 | 546 |
| 2827 | 8391534, 5.43%, 5/18/2026<sup>(e)</sup> | 11/21/2024 | 2825 | 64 |
| 7007 | 8392179, 4.92%, 5/18/2026 | 11/21/2024 | 6998 | 6725 |
| 64 | 8393606, 5.48%, 5/19/2026 | 11/22/2024 | 63 | 63 |
| 1201 | 8394213, 6.21%, 5/19/2026 | 11/22/2024 | 1200 | 335 |
| 944 | 8395078, 5.21%, 5/19/2026 | 11/22/2024 | 943 | 850 |
| 1 | 8395175, 6.10%, 5/19/2026 | 11/22/2024 | 1 | 1 |
| 1745 | 8397862, 6.20%, 5/20/2026<sup>(e)</sup> | 11/25/2024 | 1742 | 31 |
| 12402 | 8399118, 4.59%, 5/20/2026<sup>(e)</sup> | 11/25/2024 | 12399 | 223 |
| 860 | 8399513, 6.44%, 5/20/2026 | 11/25/2024 | 858 | 751 |
| 7867 | 8399576, 4.59%, 5/20/2026 | 11/25/2024 | 7849 | 5477 |
| 211 | 8400804, 5.45%, 5/20/2026 | 11/25/2024 | 210 | 203 |
| 13467 | 8403763, 5.47%, 5/21/2026<sup>(e)</sup> | 11/26/2024 | 13462 | 266 |
| 5153 | 8405108, 6.13%, 5/21/2026<sup>(e)</sup> | 11/26/2024 | 5151 | 36 |
| 19432 | 8405414, 5.95%, 5/21/2026<sup>(e)</sup> | 11/26/2024 | 19381 | 18077 |
| 131 | 8408336, 6.14%, 5/22/2026 | 11/27/2024 | 131 | 106 |
| 2863 | 8412360, 4.78%, 5/22/2026 | 11/27/2024 | 2861 | 886 |
| 2980 | 8414239, 5.46%, 5/24/2026<sup>(e)</sup> | 11/29/2024 | 2979 | 49 |
| 2218 | 8415510, 4.59%, 5/25/2026 | 11/29/2024 | 2217 | 1984 |
| 3196 | 8417076, 5.45%, 5/25/2026 | 11/29/2024 | 3194 | 2610 |
| 4571 | 8421250, 6.21%, 5/26/2026<sup>(e)</sup> | 12/2/2024 | 4563 | 103 |
| 1163 | 8427275, 5.23%, 5/27/2026 | 12/3/2024 | 1162 | 1035 |
| 1385 | 8427353, 4.62%, 5/27/2026 | 12/3/2024 | 1385 | 1348 |
| 3162 | 8427412, 5.96%, 5/27/2026 | 12/3/2024 | 3160 | 1797 |
| 2387 | 8427449, 5.96%, 5/27/2026 | 12/3/2024 | 2385 | 1517 |
| 1012 | 8430051, 5.97%, 5/27/2026 | 12/3/2024 | 1009 | 926 |
| 1843 | 8430891, 4.61%, 5/27/2026 | 12/3/2024 | 1842 | 1736 |
| 14596 | 8430928, 5.73%, 5/27/2026 | 12/3/2024 | 14589 | 8484 |
| 8411 | 8431090, 5.97%, 5/27/2026<sup>(e)</sup> | 12/3/2024 | 8407 | 67 |
| 45397 | 8431825, 5.48%, 5/28/2026<sup>(e)</sup> | 12/4/2024 | 45382 | 771 |
| 1789 | 8432310, 6.13%, 5/28/2026<sup>(e)</sup> | 12/4/2024 | 1788 | 36 |
| 3506 | 8432452, 5.46%, 5/28/2026 | 12/4/2024 | 3498 | 1687 |
| 15 | 8434182, 6.22%, 5/29/2026 | 12/4/2024 | 14 | 14 |
| 545 | 8435332, 5.73%, 5/29/2026 | 12/4/2024 | 544 | 519 |
| 966 | 8435821, 4.94%, 5/29/2026 | 12/4/2024 | 965 | 737 |
| 1937 | 8436123, 5.73%, 5/29/2026<sup>(e)</sup> | 12/4/2024 | 1937 | 41 |
| 2382 | 8436336, 6.22%, 5/29/2026<sup>(e)</sup> | 12/4/2024 | 2380 | 52 |
| 304 | 8436453, 6.22%, 5/29/2026 | 12/4/2024 | 303 | 278 |
| 4191 | 8437387, 5.47%, 5/30/2026<sup>(e)</sup> | 12/5/2024 | 4189 | 2746 |
| 1054 | 8438353, 5.46%, 6/1/2026 | 12/5/2024 | 1053 | 872 |
| 7152 | 8438392, 4.92%, 6/1/2026 | 12/5/2024 | 7141 | 6588 |
| 306 | 8439448, 4.75%, 6/2/2026 | 12/5/2024 | 304 | 196 |
| 432 | 8442465, 4.91%, 6/2/2026 | 12/5/2024 | 430 | 428 |
| 6494 | 8442532, 4.58%, 6/2/2026 | 12/5/2024 | 6485 | 4969 |
| 10061 | 8442851, 6.43%, 6/2/2026<sup>(e)</sup> | 12/5/2024 | 10056 | 166 |

---

*See Notes to Financial Statements.*

90 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4528 | 8443987, 4.58%, 6/2/2026 | 12/5/2024 | 4525 | 3945 |
| 7143 | 8444288, 5.44%, 6/2/2026 | 12/5/2024 | 7139 | 4890 |
| 3836 | 8444736, 4.91%, 6/3/2026<sup>(e)</sup> | 12/6/2024 | 3832 | 2717 |
| 5652 | 8445126, 4.91%, 6/3/2026 | 12/6/2024 | 5649 | 3908 |
| 7055 | 8446016, 4.58%, 6/3/2026 | 12/6/2024 | 7043 | 6841 |
| 1437 | 8446497, 4.90%, 6/3/2026 | 12/6/2024 | 1437 | 933 |
| 4647 | 8447398, 6.19%, 6/3/2026<sup>(e)</sup> | 12/6/2024 | 4644 | 1229 |
| 7758 | 8447543, 6.31%, 6/3/2026<sup>(e)</sup> | 12/6/2024 | 7755 | 96 |
| 1829 | 8447713, 4.59%, 6/3/2026 | 12/6/2024 | 1827 | 1447 |
| 44094 | 8451215, 6.18%, 6/4/2026<sup>(e)</sup> | 12/9/2024 | 43970 | 199 |
| 6029 | 8452309, 6.31%, 6/4/2026<sup>(e)</sup> | 12/9/2024 | 6008 | 126 |
| 57334 | 8452630, 6.09%, 6/4/2026<sup>(e)</sup> | 12/9/2024 | 57311 | 305 |
| 14152 | 8453418, 5.92%, 6/4/2026<sup>(e)</sup> | 12/9/2024 | 14139 | 6797 |
| 2104 | 8458590, 5.95%, 6/5/2026<sup>(e)</sup> | 12/10/2024 | 2104 | 17 |
| 159 | 8459029, 4.58%, 6/5/2026 | 12/10/2024 | 159 | 158 |
| 7864 | 8459616, 4.93%, 6/5/2026 | 12/10/2024 | 7855 | 7341 |
| 454 | 8460764, 5.47%, 6/5/2026 | 12/10/2024 | 453 | 434 |
| 1022 | 8461387, 5.71%, 6/5/2026 | 12/11/2024 | 1020 | 901 |
| 1803 | 8463594, 4.60%, 6/6/2026 | 12/11/2024 | 1800 | 1784 |
| 4515 | 8464332, 6.21%, 6/6/2026 | 12/11/2024 | 4512 | 2627 |
| 620 | 8465869, 6.19%, 6/6/2026<sup>(e)</sup> | 12/11/2024 | 620 | 13 |
| 3004 | 8466478, 4.77%, 6/7/2026<sup>(e)</sup> | 12/12/2024 | 3003 | 39 |
| 2369 | 8466733, 4.60%, 6/7/2026 | 12/12/2024 | 2367 | 1972 |
| 3896 | 8466791, 4.78%, 6/7/2026<sup>(e)</sup> | 12/12/2024 | 3894 | 1055 |
| 4100 | 8466876, 4.59%, 6/8/2026 | 12/12/2024 | 4098 | 2941 |
| 345 | 8467254, 4.58%, 6/8/2026 | 12/12/2024 | 344 | 341 |
| 252 | 8467475, 4.59%, 6/8/2026 | 12/12/2024 | 251 | 243 |
| 641 | 8468986, 6.43%, 6/9/2026<sup>(e)</sup> | 12/12/2024 | 640 | 130 |
| 4151 | 8469609, 4.91%, 6/9/2026 | 12/12/2024 | 4148 | 3555 |
| 1258 | 8469997, 4.58%, 6/9/2026 | 12/12/2024 | 1257 | 1040 |
| 13585 | 8470025, 4.91%, 6/9/2026 | 12/12/2024 | 13580 | 9457 |
| 2363 | 8470426, 6.43%, 6/9/2026 | 12/12/2024 | 2360 | 1474 |
| 1422 | 8470492, 5.40%, 6/9/2026<sup>(e)</sup> | 12/12/2024 | 1422 | 13 |
| 7434 | 8471202, 5.44%, 6/9/2026 | 12/12/2024 | 7432 | 4513 |
| 145 | 8473217, 6.30%, 6/10/2026 | 12/13/2024 | 145 | 134 |
| 2883 | 8473881, 4.58%, 6/10/2026 | 12/13/2024 | 2881 | 2672 |
| 1815 | 8474635, 4.58%, 6/10/2026 | 12/13/2024 | 1814 | 1709 |
| 1474 | 8476500, 4.91%, 6/10/2026 | 12/13/2024 | 1473 | 1266 |
| 1671 | 8476810, 4.58%, 6/10/2026 | 12/13/2024 | 1670 | 1640 |
| 674 | 8477070, 5.20%, 6/10/2026 | 12/16/2024 | 674 | 584 |
| 872 | 8478548, 6.06%, 6/11/2026<sup>(e)</sup> | 12/16/2024 | 868 | 5 |
| 2499 | 8478556, 5.20%, 6/11/2026 | 12/16/2024 | 2493 | 2370 |
| 5446 | 8479118, 4.91%, 6/11/2026 | 12/16/2024 | 5444 | 3379 |
| 8399 | 8479665, 6.43%, 6/11/2026<sup>(e)</sup> | 12/16/2024 | 8373 | 5321 |
| 18979 | 8480687, 5.92%, 6/11/2026<sup>(e)</sup> | 12/16/2024 | 18970 | 3709 |
| 5080 | 8480998, 4.91%, 6/11/2026<sup>(e)</sup> | 12/16/2024 | 5077 | 114 |
| 1839 | 8486520, 6.11%, 6/12/2026 | 12/17/2024 | 1835 | 1381 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 91

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 462 | 8486683, 4.92%, 6/12/2026 | 12/17/2024 | 461 | 430 |
| 507 | 8487399, 6.49%, 6/12/2026 | 12/17/2024 | 507 | 272 |
| 17859 | 8487417, 5.22%, 6/12/2026<sup>(e)</sup> | 12/17/2024 | 17848 | 14879 |
| 215 | 8487877, 4.60%, 6/12/2026 | 12/17/2024 | 214 | 214 |
| 82 | 8488791, 6.21%, 6/13/2026 | 12/18/2024 | 82 | 78 |
| 1526 | 8489061, 5.47%, 6/13/2026 | 12/18/2024 | 1523 | 1320 |
| 1943 | 8491145, 4.77%, 6/13/2026<sup>(e)</sup> | 12/18/2024 | 1940 | 43 |
| 1002 | 8492670, 6.46%, 6/14/2026 | 12/19/2024 | 1001 | 634 |
| 1084 | 8492810, 4.93%, 6/14/2026 | 12/19/2024 | 1083 | 956 |
| 2205 | 8492857, 6.21%, 6/14/2026 | 12/19/2024 | 2203 | 1401 |
| 5254 | 8493595, 5.94%, 6/15/2026<sup>(e)</sup> | 12/19/2024 | 5251 | 105 |
| 4083 | 8493721, 5.45%, 6/15/2026 | 12/19/2024 | 4073 | 3803 |
| 501 | 8493883, 5.70%, 6/15/2026 | 12/19/2024 | 500 | 473 |
| 1371 | 8494047, 4.59%, 6/15/2026 | 12/19/2024 | 1370 | 1325 |
| 663 | 8496177, 4.59%, 6/16/2026 | 12/19/2024 | 662 | 658 |
| 10709 | 8496261, 6.43%, 6/16/2026<sup>(e)</sup> | 12/19/2024 | 10703 | 239 |
| 2431 | 8496989, 5.93%, 6/16/2026 | 12/19/2024 | 2430 | 1531 |
| 1333 | 8497235, 5.91%, 6/16/2026<sup>(e)</sup> | 12/19/2024 | 1331 | 29 |
| 2433 | 8497495, 5.69%, 6/16/2026<sup>(e)</sup> | 12/19/2024 | 2431 | 706 |
| 3265 | 8497599, 5.69%, 6/16/2026<sup>(e)</sup> | 12/19/2024 | 3263 | 70 |
| 9146 | 8497947, 4.58%, 6/16/2026 | 12/19/2024 | 9142 | 7564 |
| 1036 | 8498244, 5.69%, 6/16/2026 | 12/19/2024 | 1035 | 840 |
| 12552 | 8498539, 5.20%, 6/17/2026 | 12/20/2024 | 12532 | 11204 |
| 14740 | 8498893, 5.69%, 6/17/2026 | 12/20/2024 | 14719 | 9504 |
| 6525 | 8499750, 4.52%, 6/17/2026 | 12/20/2024 | 6522 | 5859 |
| 1168 | 8500636, 5.92%, 6/17/2026 | 12/20/2024 | 1167 | 855 |
| 18150 | 8501183, 6.31%, 6/17/2026<sup>(e)</sup> | 12/20/2024 | 18142 | 184 |
| 2866 | 8503020, 6.20%, 6/18/2026<sup>(e)</sup> | 12/23/2024 | 2862 | 15 |
| 107 | 8503126, 5.91%, 6/18/2026 | 12/23/2024 | 107 | 102 |
| 2381 | 8503192, 5.20%, 6/18/2026 | 12/23/2024 | 2379 | 2062 |
| 10421 | 8505591, 5.87%, 6/18/2026 | 12/23/2024 | 10346 | 9607 |
| 8353 | 8506278, 5.69%, 6/18/2026 | 12/23/2024 | 8278 | 5973 |
| 6849 | 8506857, 5.92%, 6/18/2026<sup>(e)</sup> | 12/23/2024 | 6843 | 146 |
| 3226 | 8509410, 4.60%, 6/19/2026 | 12/24/2024 | 3221 | 3181 |
| 2295 | 8509702, 6.24%, 6/19/2026 | 12/24/2024 | 2294 | 1190 |
| 3753 | 8509845, 5.46%, 6/19/2026<sup>(e)</sup> | 12/24/2024 | 3752 | 64 |
| 1020 | 8509979, 6.20%, 6/19/2026 | 12/24/2024 | 1019 | 747 |
| 8768 | 8511685, 5.40%, 6/19/2026 | 12/24/2024 | 8764 | 5481 |
| 1321 | 8512923, 4.85%, 6/19/2026 | 12/24/2024 | 1319 | 1301 |
| 816 | 8513450, 4.75%, 6/19/2026 | 12/24/2024 | 816 | 488 |
| 6331 | 8513636, 6.08%, 6/19/2026<sup>(e)</sup> | 12/24/2024 | 6327 | 145 |
| 2734 | 8513778, 4.60%, 6/20/2026 | 12/26/2024 | 2733 | 2484 |
| 1839 | 8515099, 5.88%, 6/20/2026<sup>(e)</sup> | 12/26/2024 | 1838 | 743 |
| 2956 | 8515946, 5.16%, 6/20/2026 | 12/26/2024 | 2953 | 2520 |
| 557 | 8516071, 6.24%, 6/20/2026 | 12/26/2024 | 552 | 375 |
| 808 | 8516713, 4.60%, 6/20/2026 | 12/26/2024 | 807 | 755 |

---

*See Notes to Financial Statements.*

92 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 8326 | 8517246, 5.94%, 6/20/2026<sup>(e)</sup> | 12/26/2024 | 8323 | 173 |
| 4182 | 8517289, 5.16%, 6/20/2026 | 12/26/2024 | 4179 | 3685 |
| 1756 | 8517517, 5.90%, 6/20/2026 | 12/26/2024 | 1755 | 1161 |
| 1441 | 8517556, 5.71%, 6/20/2026 | 12/26/2024 | 1439 | 1341 |
| 1663 | 8518857, 4.61%, 6/21/2026 | 12/27/2024 | 1661 | 1641 |
| 3564 | 8518939, 5.17%, 6/21/2026<sup>(e)</sup> | 12/27/2024 | 3563 | 73 |
| 359 | 8519198, 6.24%, 6/21/2026 | 12/27/2024 | 359 | 307 |
| 358 | 8519215, 5.42%, 6/21/2026<sup>(e)</sup> | 12/27/2024 | 357 | 319 |
| 1465 | 8519613, 6.09%, 6/21/2026<sup>(e)</sup> | 12/27/2024 | 1464 | 19 |
| 4958 | 8520167, 4.54%, 6/22/2026 | 12/27/2024 | 4956 | 4139 |
| 1486 | 8520351, 4.85%, 6/22/2026<sup>(e)</sup> | 12/27/2024 | 1484 | 1381 |
| 9731 | 8520783, 5.16%, 6/22/2026<sup>(e)</sup> | 12/27/2024 | 9725 | 253 |
| 5285 | 8521146, 4.53%, 6/23/2026 | 12/27/2024 | 5281 | 4486 |
| 1622 | 8522677, 6.23%, 6/23/2026 | 12/27/2024 | 1620 | 1094 |
| 9035 | 8522874, 4.59%, 6/23/2026 | 12/27/2024 | 9029 | 7931 |
| 5781 | 8523467, 6.07%, 6/23/2026<sup>(e)</sup> | 12/27/2024 | 5774 | 103 |
| 10430 | 8523956, 5.70%, 6/23/2026<sup>(e)</sup> | 12/27/2024 | 10426 | 186 |
| 11560 | 8524038, 6.32%, 6/23/2026<sup>(e)</sup> | 12/27/2024 | 11556 | 77 |
| 639 | 8524352, 6.23%, 6/23/2026<sup>(e)</sup> | 12/27/2024 | 638 | 199 |
| 8304 | 8524867, 5.39%, 6/23/2026 | 12/27/2024 | 8296 | 7649 |
| 2127 | 8526200, 4.59%, 6/24/2026 | 12/30/2024 | 2120 | 2118 |
| 1118 | 8526716, 5.16%, 6/24/2026 | 12/30/2024 | 1117 | 861 |
| 3610 | 8530323, 4.54%, 6/25/2026 | 12/31/2024 | 3608 | 3444 |
| 586 | 8530536, 4.86%, 6/25/2026 | 12/31/2024 | 585 | 567 |
| 589 | 8530618, 6.27%, 6/25/2026<sup>(e)</sup> | 12/31/2024 | 588 | 310 |
| 3065 | 8530747, 4.86%, 6/25/2026 | 12/31/2024 | 3064 | 2302 |
| 139 | 8530843, 4.61%, 6/25/2026 | 12/31/2024 | 139 | 137 |
| 1502 | 8530937, 4.55%, 6/25/2026 | 12/31/2024 | 1501 | 1457 |
| 4744 | 8531892, 4.84%, 6/26/2026<sup>(e)</sup> | 12/31/2024 | 4742 | 1407 |
| 14499 | 8532119, 5.16%, 6/26/2026<sup>(e)</sup> | 12/31/2024 | 14494 | 3681 |
|  | 8533576, 4.54%, 6/26/2026 | 12/31/2024 | (3082) |  |
| 6262 | 8533915, 4.85%, 6/26/2026 | 12/31/2024 | 6250 | 6065 |
| 4968 | 8534423, 5.94%, 6/26/2026<sup>(e)</sup> | 12/31/2024 | 4964 | 2020 |
| 682 | 8534613, 5.89%, 6/26/2026<sup>(e)</sup> | 12/31/2024 | 682 | 423 |
| 26685 | 8535199, 6.23%, 6/27/2026<sup>(e)</sup> | 1/2/2025 | 26601 | 10408 |
| 3001 | 8536472, 4.85%, 6/27/2026<sup>(e)</sup> | 1/2/2025 | 2997 | 78 |
| 4100 | 8537383, 4.54%, 6/27/2026 | 1/2/2025 | 4097 | 4021 |
| 702 | 8539901, 6.25%, 6/28/2026<sup>(e)</sup> | 1/3/2025 | 701 | 482 |
| 302 | 8539916, 5.40%, 6/28/2026 | 1/3/2025 | 302 | 290 |
| 668 | 8539925, 5.42%, 6/28/2026 | 1/3/2025 | 667 | 571 |
| 14964 | 8540089, 6.24%, 6/28/2026 | 1/3/2025 | 14946 | 9745 |
| 1518 | 8540376, 5.15%, 6/29/2026<sup>(e)</sup> | 1/3/2025 | 1517 | 837 |
| 4601 | 8540385, 5.16%, 6/29/2026<sup>(e)</sup> | 1/3/2025 | 4599 | 2802 |
| 2686 | 8540403, 6.23%, 6/29/2026<sup>(e)</sup> | 1/3/2025 | 2684 | 1696 |
| 57 | 8540530, 5.89%, 6/29/2026 | 1/3/2025 | 56 | 55 |
| 5519 | 8540537, 5.40%, 6/29/2026<sup>(e)</sup> | 1/3/2025 | 5517 | 1389 |
| 591 | 8540750, 5.41%, 6/29/2026 | 1/3/2025 | 590 | 561 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 93

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 7434 | 8540779, 4.85%, 6/29/2026 | 1/3/2025 | 7429 | 5153 |
| 606 | 8541453, 4.53%, 6/30/2026 | 1/3/2025 | 599 | 598 |
| 1537 | 8542233, 5.87%, 6/30/2026<sup>(e)</sup> | 1/3/2025 | 1537 | 938 |
| 665 | 8542277, 4.84%, 6/30/2026 | 1/3/2025 | 665 | 587 |
| 1926 | 8545015, 5.45%, 6/30/2026<sup>(e)</sup> | 1/6/2025 | 1921 | 19 |
| 1021 | 8545509, 5.90%, 6/30/2026 | 1/6/2025 | 928 | 960 |
| 560 | 8545567, 4.55%, 6/30/2026 | 1/6/2025 | 557 | 542 |
| 6206 | 8545926, 6.23%, 6/30/2026<sup>(e)</sup> | 1/6/2025 | 6195 | 82 |
| 634 | 8547057, 4.54%, 6/30/2026 | 1/6/2025 | 631 | 631 |
| 570 | 8547209, 4.54%, 6/30/2026 | 1/6/2025 | 567 | 559 |
| 245 | 8547559, 6.22%, 6/30/2026 | 1/6/2025 | 244 | 208 |
| 154 | 8547577, 4.60%, 6/30/2026 | 1/6/2025 | 149 | 154 |
|  | 8547617, 4.54%, 6/30/2026 | 1/6/2025 | (18) |  |
| 526 | 8547751, 4.54%, 6/30/2026 | 1/6/2025 | 522 | 523 |
| 1195 | 8547791, 5.40%, 6/30/2026 | 1/6/2025 | 1194 | 1028 |
| 2498 | 8549970, 6.25%, 7/1/2026<sup>(e)</sup> | 1/7/2025 | 2496 | 1295 |
| 23122 | 8550014, 5.18%, 7/1/2026<sup>(e)</sup> | 1/7/2025 | 23113 | 514 |
| 3865 | 8550249, 5.45%, 7/1/2026<sup>(e)</sup> | 1/7/2025 | 3850 | 48 |
| 5122 | 8550372, 4.56%, 7/1/2026 | 1/7/2025 | 5120 | 4417 |
| 1276 | 8550465, 6.27%, 7/1/2026 | 1/7/2025 | 1273 | 847 |
| 4294 | 8550483, 5.92%, 7/1/2026<sup>(e)</sup> | 1/7/2025 | 4289 | 107 |
| 383 | 8550519, 4.86%, 7/1/2026 | 1/7/2025 | 382 | 379 |
| 1085 | 8550527, 5.92%, 7/1/2026 | 1/7/2025 | 1084 | 794 |
| 2323 | 8550728, 4.55%, 7/1/2026<sup>(e)</sup> | 1/7/2025 | 2322 | 2026 |
| 8204 | 8551486, 5.41%, 7/2/2026<sup>(e)</sup> | 1/7/2025 | 8200 | 4995 |
| 7495 | 8551703, 4.86%, 7/2/2026 | 1/7/2025 | 7491 | 5905 |
| 5557 | 8551898, 4.55%, 7/2/2026 | 1/7/2025 | 5553 | 5241 |
| 483 | 8552101, 5.42%, 7/2/2026 | 1/7/2025 | 483 | 456 |
| 715 | 8552400, 6.28%, 7/2/2026 | 1/7/2025 | 715 | 368 |
| 7406 | 8552505, 5.41%, 7/2/2026 | 1/7/2025 | 7395 | 7035 |
| 2058 | 8552779, 4.54%, 7/2/2026 | 1/7/2025 | 2056 | 1650 |
| 22437 | 8553132, 4.55%, 7/2/2026<sup>(e)</sup> | 1/7/2025 | 22429 | 577 |
| 2186 | 8553614, 5.44%, 7/2/2026<sup>(e)</sup> | 1/7/2025 | 2184 | 1172 |
| 974 | 8553638, 4.55%, 7/2/2026 | 1/7/2025 | 974 | 954 |
| 6091 | 8553848, 4.55%, 7/2/2026<sup>(e)</sup> | 1/7/2025 | 6089 | 4053 |
| 9616 | 8555068, 4.55%, 7/3/2026 | 1/8/2025 | 9567 | 9536 |
| 3379 | 8555527, 4.55%, 7/3/2026 | 1/8/2025 | 3374 | 3329 |
| 3137 | 8556224, 4.55%, 7/3/2026<sup>(e)</sup> | 1/8/2025 | 3135 | 2208 |
| 6416 | 8556755, 4.86%, 7/3/2026<sup>(e)</sup> | 1/8/2025 | 6413 | 4862 |
| 14439 | 8556870, 6.24%, 7/3/2026<sup>(e)</sup> | 1/8/2025 | 14433 | 57 |
| 271 | 8557720, 4.55%, 7/3/2026 | 1/8/2025 | 269 | 271 |
| 1938 | 8557775, 6.24%, 7/3/2026<sup>(e)</sup> | 1/8/2025 | 1937 | 21 |
| 648 | 8557949, 4.78%, 7/3/2026<sup>(e)</sup> | 1/8/2025 | 648 | 152 |
| 3963 | 8557975, 4.55%, 7/3/2026 | 1/8/2025 | 3960 | 3838 |
| 4957 | 8558959, 5.41%, 7/4/2026<sup>(e)</sup> | 1/9/2025 | 4953 | 2967 |
| 7505 | 8559089, 4.86%, 7/4/2026<sup>(e)</sup> | 1/9/2025 | 7501 | 4777 |

---

*See Notes to Financial Statements.*

94 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 355 | 8559701, 4.55%, 7/4/2026 | 1/9/2025 | 350 | 354 |
| 1230 | 8560456, 4.84%, 7/5/2026 | 1/9/2025 | 1230 | 1112 |
| 293 | 8560550, 4.85%, 7/5/2026 | 1/9/2025 | 290 | 286 |
| 11959 | 8560565, 4.54%, 7/5/2026 | 1/9/2025 | 11955 | 8877 |
| 6604 | 8560927, 4.54%, 7/5/2026 | 1/9/2025 | 6588 | 6177 |
| 3040 | 8586772, 4.84%, 7/6/2026<sup>(e)</sup> | 1/9/2025 | 3039 | 51 |
| 15009 | 8588895, 4.53%, 7/6/2026<sup>(e)</sup> | 1/9/2025 | 15002 | 321 |
| 3275 | 8590259, 4.53%, 7/6/2026 | 1/9/2025 | 3272 | 3088 |
| 6362 | 8590845, 4.84%, 7/6/2026 | 1/9/2025 | 6359 | 5136 |
| 554 | 8591079, 5.45%, 7/6/2026 | 1/9/2025 | 554 | 429 |
| 12770 | 8594400, 6.22%, 7/7/2026<sup>(e)</sup> | 1/10/2025 | 12764 | 274 |
| 2587 | 8594659, 4.84%, 7/7/2026 | 1/10/2025 | 2585 | 2473 |
| 953 | 8595011, 5.88%, 7/7/2026 | 1/10/2025 | 951 | 871 |
| 18850 | 8595123, 5.88%, 7/7/2026<sup>(e)</sup> | 1/10/2025 | 18836 | 420 |
| 2701 | 8595683, 5.70%, 7/7/2026 | 1/10/2025 | 2693 | 2622 |
| 211 | 8596870, 5.88%, 7/8/2026 | 1/13/2025 | 209 | 203 |
| 709 | 8597245, 5.91%, 7/8/2026 | 1/13/2025 | 708 | 489 |
|  | 8597262, 5.71%, 7/8/2026 | 1/13/2025 | (435) |  |
| 593 | 8597339, 6.20%, 7/8/2026 | 1/13/2025 | 592 | 119 |
| 1941 | 8597344, 6.22%, 7/8/2026 | 1/13/2025 | 1939 | 1544 |
| 717 | 8597477, 4.53%, 7/8/2026 | 1/13/2025 | 717 | 694 |
| 2167 | 8598184, 5.89%, 7/8/2026<sup>(e)</sup> | 1/13/2025 | 2166 | 36 |
| 4232 | 8598204, 4.53%, 7/8/2026 | 1/13/2025 | 4230 | 2632 |
| 3729 | 8598350, 4.84%, 7/8/2026 | 1/13/2025 | 3726 | 2912 |
| 1821 | 8598464, 4.53%, 7/8/2026 | 1/13/2025 | 1739 | 1808 |
| 762 | 8599125, 4.53%, 7/8/2026 | 1/13/2025 | 760 | 751 |
| 1911 | 8600045, 4.92%, 7/8/2026 | 1/13/2025 | 1907 | 1848 |
| 131 | 8602468, 5.43%, 7/9/2026 | 1/14/2025 | 130 | 128 |
| 8613 | 8602563, 4.86%, 7/9/2026 | 1/14/2025 | 8608 | 8052 |
| 7343 | 8603101, 4.55%, 7/9/2026 | 1/14/2025 | 7336 | 7235 |
| 3452 | 8604812, 5.72%, 7/9/2026 | 1/14/2025 | 3448 | 2577 |
| 4277 | 8604969, 4.55%, 7/9/2026 | 1/14/2025 | 4275 | 3947 |
| 1939 | 8605210, 6.26%, 7/9/2026<sup>(e)</sup> | 1/14/2025 | 1938 | 10 |
| 517 | 8605870, 5.40%, 7/9/2026 | 1/14/2025 | 516 | 415 |
| 4113 | 8605886, 6.09%, 7/9/2026<sup>(e)</sup> | 1/14/2025 | 4109 | 100 |
| 1701 | 8607737, 5.90%, 7/10/2026 | 1/15/2025 | 1700 | 1049 |
| 1096 | 8608524, 5.90%, 7/10/2026 | 1/15/2025 | 1095 | 617 |
| 224 | 8609176, 6.24%, 7/10/2026 | 1/15/2025 | 222 | 200 |
| 2799 | 8609182, 4.85%, 7/10/2026 | 1/15/2025 | 2798 | 1728 |
| 14035 | 8609193, 6.25%, 7/10/2026<sup>(e)</sup> | 1/15/2025 | 14028 | 4358 |
| 8812 | 8609469, 4.86%, 7/11/2026 | 1/16/2025 | 8808 | 6557 |
| 7637 | 8609757, 4.55%, 7/11/2026<sup>(e)</sup> | 1/16/2025 | 7633 | 185 |
| 845 | 8609850, 5.43%, 7/11/2026 | 1/16/2025 | 844 | 716 |
| 2168 | 8609917, 4.54%, 7/11/2026 | 1/16/2025 | 2165 | 2115 |
| 1530 | 8610383, 4.54%, 7/12/2026 | 1/16/2025 | 1525 | 1521 |
| 1914 | 8610894, 4.54%, 7/12/2026 | 1/16/2025 | 1908 | 1897 |
| 4810 | 8611263, 5.15%, 7/13/2026 | 1/16/2025 | 4806 | 3600 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 95

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1886 | 8611932, 5.88%, 7/13/2026 | 1/16/2025 | 1884 | 1510 |
| 2760 | 8612068, 6.22%, 7/13/2026 | 1/16/2025 | 2757 | 654 |
| 1259 | 8612961, 4.53%, 7/13/2026 | 1/16/2025 | 1243 | 1258 |
| 417 | 8613655, 5.68%, 7/13/2026 | 1/16/2025 | 417 | 359 |
| 792 | 8614962, 4.72%, 7/14/2026 | 1/17/2025 | 792 | 157 |
| 465 | 8614970, 6.05%, 7/14/2026 | 1/17/2025 | 465 | 276 |
| 1356 | 8614994, 4.53%, 7/14/2026 | 1/17/2025 | 1352 | 1344 |
| 1576 | 8615379, 5.88%, 7/14/2026 | 1/17/2025 | 1576 | 915 |
| 3072 | 8615404, 4.84%, 7/14/2026 | 1/17/2025 | 3068 | 2982 |
| 4903 | 8616238, 5.42%, 7/14/2026 | 1/17/2025 | 4898 | 1311 |
| 1087 | 8616342, 4.75%, 7/14/2026<sup>(e)</sup> | 1/17/2025 | 1087 | 13 |
| 2564 | 8616376, 6.08%, 7/14/2026<sup>(e)</sup> | 1/17/2025 | 2563 | 13 |
| 745 | 8616422, 6.22%, 7/14/2026 | 1/17/2025 | 745 | 381 |
| 1542 | 8616423, 4.53%, 7/14/2026 | 1/17/2025 | 1538 | 1533 |
| 382 | 8617064, 6.21%, 7/14/2026 | 1/17/2025 | 381 | 331 |
| 2917 | 8617069, 6.22%, 7/14/2026 | 1/17/2025 | 2908 | 2736 |
| 19857 | 8617467, 5.88%, 7/14/2026<sup>(e)</sup> | 1/17/2025 | 19848 | 392 |
| 1395 | 8617724, 5.38%, 7/14/2026 | 1/17/2025 | 1394 | 1002 |
| 628 | 8617741, 4.53%, 7/14/2026 | 1/17/2025 | 627 | 600 |
| 273 | 8618671, 6.24%, 7/15/2026 | 1/21/2025 | 272 | 259 |
| 1035 | 8618680, 4.84%, 7/15/2026 | 1/21/2025 | 1034 | 408 |
| 3601 | 8619530, 4.84%, 7/15/2026<sup>(e)</sup> | 1/21/2025 | 3597 | 2355 |
| 960 | 8619579, 6.22%, 7/15/2026<sup>(e)</sup> | 1/21/2025 | 957 | 22 |
| 55 | 8620795, 5.88%, 7/15/2026 | 1/21/2025 | 0 | 52 |
| 1901 | 8621157, 5.42%, 7/15/2026 | 1/21/2025 | 1852 | 1593 |
| 3096 | 8624922, 5.42%, 7/16/2026<sup>(e)</sup> | 1/22/2025 | 3095 | 979 |
| 4774 | 8626236, 4.56%, 7/16/2026 | 1/22/2025 | 4772 | 3748 |
| 626 | 8626299, 5.17%, 7/16/2026 | 1/22/2025 | 624 | 571 |
| 1386 | 8626324, 6.10%, 7/16/2026<sup>(e)</sup> | 1/22/2025 | 1384 | 542 |
| 8590 | 8626575, 5.73%, 7/16/2026 | 1/22/2025 | 8578 | 6994 |
|  | 8626814, 4.86%, 7/16/2026 | 1/22/2025 | (7029) |  |
| 3489 | 8627869, 5.18%, 7/16/2026<sup>(e)</sup> | 1/22/2025 | 3488 | 1723 |
| 3064 | 8627990, 5.17%, 7/16/2026 | 1/22/2025 | 3062 | 2792 |
| 305 | 8628763, 4.55%, 7/17/2026 | 1/23/2025 | 304 | 302 |
| 1580 | 8628792, 5.17%, 7/17/2026 | 1/23/2025 | 1578 | 1502 |
| 8052 | 8629147, 5.17%, 7/17/2026<sup>(e)</sup> | 1/23/2025 | 8048 | 4822 |
| 10941 | 8629391, 4.55%, 7/17/2026 | 1/23/2025 | 10936 | 8360 |
| 7190 | 8630048, 6.26%, 7/17/2026 | 1/23/2025 | 7177 | 1946 |
| 1710 | 8630452, 5.18%, 7/17/2026 | 1/23/2025 | 1708 | 1668 |
| 2212 | 8630962, 4.86%, 7/17/2026<sup>(e)</sup> | 1/23/2025 | 2211 | 1063 |
| 997 | 8630978, 6.26%, 7/17/2026<sup>(e)</sup> | 1/23/2025 | 997 | 19 |
| 53349 | 8631040, 5.42%, 7/17/2026 | 1/23/2025 | 53320 | 17343 |
| 3998 | 8632274, 4.86%, 7/18/2026<sup>(e)</sup> | 1/24/2025 | 3997 | 77 |
| 2186 | 8632357, 5.92%, 7/18/2026 | 1/24/2025 | 2184 | 1520 |
| 880 | 8632881, 5.42%, 7/19/2026<sup>(e)</sup> | 1/24/2025 | 879 | 743 |
| 2709 | 8633019, 5.73%, 7/19/2026 | 1/24/2025 | 2708 | 1693 |

---

*See Notes to Financial Statements.*

96 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 557 | 8633108, 6.25%, 7/20/2026<sup>(e)</sup> | 1/24/2025 | 556 | 72 |
| 401 | 8633129, 5.87%, 7/20/2026<sup>(e)</sup> | 1/24/2025 | 401 | 182 |
| 1400 | 8633196, 4.53%, 7/20/2026 | 1/24/2025 | 1399 | 1343 |
| 646 | 8633216, 5.15%, 7/20/2026 | 1/24/2025 | 646 | 624 |
| 54 | 8633402, 4.54%, 7/20/2026 | 1/24/2025 | 45 | 54 |
| 925 | 8633527, 5.90%, 7/20/2026 | 1/24/2025 | 923 | 811 |
| 2518 | 8633559, 5.90%, 7/20/2026 | 1/24/2025 | 2514 | 1902 |
| 1756 | 8633585, 4.53%, 7/20/2026 | 1/24/2025 | 1753 | 1657 |
| 6115 | 8633899, 4.85%, 7/20/2026 | 1/24/2025 | 6106 | 6034 |
| 1388 | 8634465, 6.06%, 7/21/2026 | 1/24/2025 | 1381 | 1090 |
| 2280 | 8635386, 4.84%, 7/21/2026<sup>(e)</sup> | 1/24/2025 | 2279 | 55 |
| 2685 | 8635680, 4.53%, 7/21/2026 | 1/24/2025 | 2683 | 2005 |
|  | 8635733, 5.15%, 7/21/2026 | 1/24/2025 | (2063) |  |
| 3089 | 8636425, 4.84%, 7/21/2026 | 1/24/2025 | 3088 | 2942 |
| 6419 | 8636847, 4.53%, 7/21/2026 | 1/24/2025 | 6403 | 6372 |
| 12076 | 8638671, 5.88%, 7/22/2026 | 1/27/2025 | 12023 | 10665 |
| 3599 | 8639638, 4.53%, 7/22/2026 | 1/27/2025 | 3592 | 3562 |
| 7061 | 8639712, 4.84%, 7/22/2026 | 1/27/2025 | 7054 | 2758 |
| 1371 | 8640720, 5.87%, 7/22/2026 | 1/27/2025 | 1371 | 269 |
| 54581 | 8645027, 6.24%, 7/23/2026 | 1/28/2025 | 54552 | 28990 |
| 3887 | 8645965, 4.85%, 7/23/2026 | 1/28/2025 | 3885 | 2704 |
| 460 | 8647063, 5.73%, 7/24/2026 | 1/29/2025 | 459 | 410 |
| 980 | 8647540, 6.09%, 7/24/2026 | 1/29/2025 | 979 | 595 |
| 3929 | 8647577, 5.41%, 7/24/2026 | 1/29/2025 | 3916 | 3802 |
| 712 | 8648488, 4.55%, 7/24/2026 | 1/29/2025 | 710 | 707 |
| 1002 | 8648541, 4.86%, 7/24/2026 | 1/29/2025 | 1001 | 971 |
| 3000 | 8648937, 6.24%, 7/24/2026<sup>(e)</sup> | 1/29/2025 | 2999 | 19 |
| 13433 | 8649490, 4.86%, 7/24/2026 | 1/29/2025 | 13426 | 12085 |
| 1453 | 8650045, 4.55%, 7/24/2026 | 1/29/2025 | 1447 | 1445 |
| 891 | 8650375, 6.09%, 7/24/2026 | 1/29/2025 | 890 | 13 |
| 743 | 8650478, 4.55%, 7/24/2026 | 1/29/2025 | 741 | 737 |
| 9604 | 8650834, 4.86%, 7/25/2026 | 1/30/2025 | 9601 | 7136 |
| 712 | 8650964, 4.55%, 7/25/2026 | 1/30/2025 | 709 | 702 |
| 1542 | 8651160, 5.90%, 7/25/2026 | 1/30/2025 | 1541 | 1051 |
| 524 | 8651369, 5.17%, 7/25/2026 | 1/30/2025 | 523 | 514 |
| 408 | 8651391, 6.08%, 7/25/2026 | 1/30/2025 | 406 | 320 |
| 1205 | 8651405, 4.55%, 7/25/2026 | 1/30/2025 | 1204 | 1089 |
| 4859 | 8651511, 4.55%, 7/25/2026 | 1/30/2025 | 4852 | 4694 |
| 5818 | 8651666, 4.85%, 7/26/2026 | 1/30/2025 | 5813 | 5610 |
| 862 | 8651777, 5.73%, 7/26/2026 | 1/30/2025 | 861 | 663 |
| 264 | 8651854, 5.46%, 7/26/2026 | 1/30/2025 | 264 | 166 |
| 10272 | 8652143, 6.23%, 7/26/2026<sup>(e)</sup> | 1/30/2025 | 10262 | 177 |
| 1132 | 8653047, 4.53%, 7/27/2026 | 1/30/2025 | 1127 | 1125 |
| 169 | 8654455, 4.74%, 7/27/2026 | 1/30/2025 | 167 | 142 |
| 961 | 8654471, 5.13%, 7/27/2026<sup>(e)</sup> | 1/30/2025 | 961 | 282 |
| 1028 | 8654478, 6.22%, 7/27/2026 | 1/30/2025 | 1027 | 807 |
| 6266 | 8654494, 4.53%, 7/27/2026 | 1/30/2025 | 6261 | 4098 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 97

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 914 | 8654772, 4.53%, 7/27/2026 | 1/30/2025 | 912 | 907 |
| 35 | 8654867, 4.53%, 7/27/2026 | 1/30/2025 | 34 | 35 |
| 831 | 8655807, 5.14%, 7/27/2026 | 1/30/2025 | 830 | 802 |
| 3185 | 8655879, 4.53%, 7/27/2026 | 1/30/2025 | 3182 | 2697 |
| 642 | 8656683, 6.23%, 7/28/2026 | 1/31/2025 | 640 | 600 |
| 443 | 8657077, 4.54%, 7/28/2026 | 1/31/2025 | 442 | 435 |
| 315 | 8658690, 4.53%, 7/28/2026 | 1/31/2025 | 306 | 315 |
| 57 | 8659302, 4.53%, 7/28/2026 | 1/31/2025 | 54 | 57 |
| 145 | 8661265, 5.89%, 7/28/2026 | 1/31/2025 | 144 | 136 |
| 348 | 8661287, 4.53%, 7/28/2026 | 1/31/2025 | 345 | 347 |
| 2754 | 8661564, 4.53%, 7/28/2026 | 1/31/2025 | 2751 | 2239 |
| 120 | 8661663, 4.53%, 7/28/2026 | 1/31/2025 | 115 | 119 |
| 300 | 8661900, 4.84%, 7/29/2026 | 2/3/2025 | 297 | 297 |
| 1869 | 8662082, 5.14%, 7/29/2026 | 2/3/2025 | 1859 | 1527 |
| 749 | 8663067, 4.84%, 7/29/2026 | 2/3/2025 | 746 | 741 |
| 10605 | 8666320, 4.53%, 7/29/2026 | 2/3/2025 | 10572 | 10099 |
| 2979 | 8666471, 4.53%, 7/29/2026 | 2/3/2025 | 2967 | 2937 |
|  | 8666743, 4.53%, 7/29/2026 | 2/3/2025 | (4017) |  |
| 5661 | 8669967, 6.24%, 7/30/2026 | 2/4/2025 | 5639 | 2215 |
| 543 | 8670578, 4.54%, 7/30/2026 | 2/4/2025 | 540 | 541 |
| 4385 | 8670733, 6.25%, 7/30/2026<sup>(e)</sup> | 2/4/2025 | 4381 | 2938 |
| 352 | 8672284, 4.55%, 7/30/2026 | 2/4/2025 | 348 | 351 |
| 5612 | 8674020, 4.55%, 7/30/2026 | 2/4/2025 | 5608 | 3399 |
| 371 | 8674139, 5.91%, 7/30/2026 | 2/4/2025 | 370 | 345 |
| 3001 | 8674995, 5.16%, 7/31/2026 | 2/5/2025 | 3000 | 1954 |
| 849 | 8677038, 5.44%, 7/31/2026<sup>(e)</sup> | 2/5/2025 | 849 | 8 |
| 1113 | 8678305, 5.42%, 7/31/2026 | 2/5/2025 | 1112 | 978 |
| 8152 | 8679847, 4.55%, 7/31/2026<sup>(e)</sup> | 2/5/2025 | 8142 | 6291 |
| 9107 | 8680151, 5.16%, 8/1/2026<sup>(e)</sup> | 2/6/2025 | 9103 | 177 |
| 1217 | 8680382, 5.17%, 8/1/2026 | 2/6/2025 | 1216 | 1056 |
| 3468 | 8680800, 4.55%, 8/1/2026 | 2/6/2025 | 3463 | 2682 |
| 2370 | 8684580, 4.53%, 8/3/2026 | 2/6/2025 | 2367 | 2128 |
| 820 | 8685285, 6.22%, 8/3/2026 | 2/6/2025 | 820 | 630 |
| 1487 | 8685314, 5.14%, 8/3/2026 | 2/6/2025 | 1485 | 1458 |
| 2311 | 8685457, 5.15%, 8/3/2026 | 2/6/2025 | 2308 | 2251 |
| 11749 | 8685614, 6.22%, 8/3/2026 | 2/6/2025 | 11742 | 6715 |
| 2998 | 8685978, 4.53%, 8/3/2026 | 2/6/2025 | 2991 | 2949 |
| 668 | 8687048, 6.23%, 8/3/2026<sup>(e)</sup> | 2/6/2025 | 667 | 147 |
| 977 | 8688000, 5.39%, 8/4/2026 | 2/7/2025 | 976 | 854 |
| 2962 | 8688424, 5.39%, 8/4/2026 | 2/7/2025 | 2960 | 2291 |
| 5108 | 8689449, 4.53%, 8/4/2026 | 2/7/2025 | 5079 | 5063 |
| 4153 | 8690812, 4.84%, 8/4/2026 | 2/7/2025 | 4151 | 3626 |
| 3023 | 8692416, 6.22%, 8/4/2026<sup>(e)</sup> | 2/7/2025 | 3019 | 1162 |
|  | 8692812, 5.70%, 8/4/2026 | 2/7/2025 | (4) |  |
| 17968 | 8693750, 4.84%, 8/5/2026 | 2/10/2025 | 17943 | 12835 |
| 6687 | 8696643, 4.53%, 8/5/2026 | 2/10/2025 | 6678 | 4342 |

---

*See Notes to Financial Statements.*

98 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 3405 | 8697433, 5.39%, 8/5/2026 | 2/10/2025 | 3403 | 1822 |
| 1197 | 8697472, 6.22%, 8/5/2026 | 2/10/2025 | 1195 | 1043 |
| 982 | 8697526, 5.70%, 8/5/2026 | 2/10/2025 | 980 | 950 |
| 7252 | 8701512, 4.86%, 8/6/2026 | 2/11/2025 | 7216 | 7200 |
| 1006 | 8703895, 4.55%, 8/6/2026 | 2/11/2025 | 997 | 1002 |
| 3654 | 8704290, 4.55%, 8/6/2026 | 2/11/2025 | 3642 | 3605 |
| 14299 | 8704556, 5.41%, 8/6/2026 | 2/11/2025 | 14289 | 4437 |
| 5687 | 8707242, 6.24%, 8/7/2026 | 2/12/2025 | 5676 | 4876 |
| 4973 | 8707627, 5.16%, 8/7/2026<sup>(e)</sup> | 2/12/2025 | 4971 | 1449 |
| 268 | 8708311, 6.09%, 8/7/2026 | 2/12/2025 | 267 | 252 |
| 243 | 8708447, 4.54%, 8/7/2026 | 2/12/2025 | 237 | 242 |
| 10604 | 8708586, 4.55%, 8/7/2026 | 2/12/2025 | 10585 | 9953 |
| 330 | 8711517, 4.86%, 8/8/2026 | 2/13/2025 | 322 | 328 |
| 8568 | 8711813, 4.54%, 8/9/2026 | 2/13/2025 | 8550 | 7092 |
| 612 | 8712152, 6.26%, 8/9/2026 | 2/13/2025 | 611 | 379 |
| 1042 | 8712581, 5.40%, 8/9/2026 | 2/13/2025 | 1041 | 929 |
| 4793 | 8713701, 4.53%, 8/10/2026 | 2/13/2025 | 4767 | 4744 |
| 6724 | 8714498, 6.22%, 8/10/2026<sup>(e)</sup> | 2/13/2025 | 6721 | 122 |
| 2916 | 8714652, 4.84%, 8/10/2026 | 2/13/2025 | 2912 | 2778 |
| 1887 | 8715109, 4.53%, 8/10/2026 | 2/13/2025 | 1881 | 1861 |
| 1752 | 8716393, 6.22%, 8/10/2026 | 2/13/2025 | 1749 | 1505 |
| 7200 | 8718093, 6.22%, 8/11/2026<sup>(e)</sup> | 2/14/2025 | 7188 | 153 |
| 15762 | 8719904, 4.53%, 8/11/2026 | 2/14/2025 | 15699 | 15570 |
| 6511 | 8720925, 6.23%, 8/11/2026<sup>(e)</sup> | 2/14/2025 | 6496 | 1526 |
| 1423 | 8722177, 5.87%, 8/12/2026 | 2/18/2025 | 1422 | 666 |
| 6838 | 8722339, 4.53%, 8/12/2026 | 2/18/2025 | 6817 | 6318 |
| 9237 | 8722891, 5.15%, 8/12/2026 | 2/18/2025 | 9230 | 8029 |
| 3214 | 8723797, 4.84%, 8/12/2026 | 2/18/2025 | 3205 | 2500 |
| 3373 | 8724075, 5.88%, 8/12/2026<sup>(e)</sup> | 2/18/2025 | 3358 | 2133 |
| 274 | 8725231, 5.70%, 8/12/2026 | 2/18/2025 | 268 | 268 |
| 10306 | 8725308, 6.22%, 8/12/2026<sup>(e)</sup> | 2/18/2025 | 10262 | 243 |
| 2181 | 8725504, 4.84%, 8/12/2026 | 2/18/2025 | 2173 | 2129 |
| 15504 | 8731720, 4.56%, 8/13/2026 | 2/19/2025 | 15470 | 12338 |
| 550 | 8732317, 4.55%, 8/13/2026 | 2/19/2025 | 544 | 547 |
| 1831 | 8732409, 5.91%, 8/13/2026 | 2/19/2025 | 1829 | 1327 |
| 2364 | 8732637, 5.42%, 8/13/2026 | 2/19/2025 | 2358 | 2313 |
| 14061 | 8733222, 4.86%, 8/13/2026<sup>(e)</sup> | 2/19/2025 | 14056 | 193 |
| 969 | 8733535, 6.26%, 8/13/2026<sup>(e)</sup> | 2/19/2025 | 968 | 742 |
| 3026 | 8734032, 4.55%, 8/13/2026 | 2/19/2025 | 3019 | 2781 |
| 2325 | 8734136, 4.55%, 8/13/2026 | 2/19/2025 | 2307 | 2308 |
| 249 | 8735977, 4.57%, 8/14/2026 | 2/20/2025 | 248 | 245 |
| 1546 | 8736347, 5.92%, 8/14/2026 | 2/20/2025 | 1544 | 1359 |
| 5251 | 8736911, 4.55%, 8/14/2026<sup>(e)</sup> | 2/20/2025 | 5238 | 1983 |
| 1264 | 8738082, 4.55%, 8/14/2026 | 2/20/2025 | 1259 | 1227 |
| 29379 | 8738992, 4.55%, 8/14/2026 | 2/20/2025 | 29322 | 22558 |
| 37867 | 8739217, 4.86%, 8/15/2026 | 2/21/2025 | 37808 | 35468 |
|  | 8740371, 4.55%, 8/16/2026 | 2/21/2025 | (10) | (9) |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 99

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 10149 | 8740434, 5.91%, 8/16/2026<sup>(e)</sup> | 2/21/2025 | 10131 | 6580 |
| 8842 | 8741033, 4.54%, 8/17/2026 | 2/21/2025 | 8809 | 8627 |
| 2413 | 8741554, 4.54%, 8/17/2026 | 2/21/2025 | 2404 | 2371 |
| 10646 | 8741604, 5.71%, 8/17/2026 | 2/21/2025 | 10626 | 9971 |
| 8017 | 8743568, 4.53%, 8/18/2026<sup>(e)</sup> | 2/21/2025 | 8005 | 97 |
| 21541 | 8745290, 4.53%, 8/18/2026 | 2/21/2025 | 21504 | 15715 |
| 4293 | 8746136, 6.07%, 8/18/2026<sup>(e)</sup> | 2/21/2025 | 4286 | 2580 |
| 21468 | 8746222, 4.53%, 8/18/2026 | 2/21/2025 | 21361 | 21239 |
| 2186 | 8747780, 6.22%, 8/19/2026 | 2/24/2025 | 2183 | 1538 |
| 662 | 8748117, 5.89%, 8/19/2026 | 2/24/2025 | 654 | 651 |
| 1027 | 8748265, 5.39%, 8/19/2026 | 2/24/2025 | 1027 | 849 |
| 10561 | 8748304, 4.84%, 8/19/2026 | 2/24/2025 | 10539 | 5974 |
| 1896 | 8748626, 6.23%, 8/19/2026<sup>(e)</sup> | 2/24/2025 | 1867 | 555 |
| 2203 | 8748669, 4.53%, 8/19/2026 | 2/24/2025 | 2184 | 2185 |
| 2204 | 8748758, 4.53%, 8/19/2026 | 2/24/2025 | 2196 | 2123 |
| 6150 | 8748999, 4.53%, 8/19/2026<sup>(e)</sup> | 2/24/2025 | 6134 | 5355 |
| 5098 | 8753864, 6.24%, 8/20/2026<sup>(e)</sup> | 2/25/2025 | 5095 | 60 |
| 7122 | 8755596, 4.55%, 8/20/2026 | 2/25/2025 | 7104 | 5422 |
| 2041 | 8756316, 4.55%, 8/20/2026 | 2/25/2025 | 2033 | 1909 |
| 1034 | 8756663, 5.91%, 8/20/2026 | 2/25/2025 | 1033 | 739 |
| 1463 | 8757876, 6.25%, 8/21/2026<sup>(e)</sup> | 2/26/2025 | 1462 | 332 |
| 871 | 8757898, 4.54%, 8/21/2026 | 2/26/2025 | 859 | 864 |
| 3239 | 8758249, 5.72%, 8/21/2026 | 2/26/2025 | 3237 | 2102 |
| 2433 | 8758710, 6.24%, 8/21/2026<sup>(e)</sup> | 2/26/2025 | 2429 | 196 |
| 6101 | 8759050, 5.17%, 8/21/2026 | 2/26/2025 | 6098 | 4875 |
| 23674 | 8759124, 4.55%, 8/21/2026 | 2/26/2025 | 23592 | 22153 |
| 2180 | 8760070, 5.44%, 8/21/2026 | 2/26/2025 | 2145 | 1927 |
| 1367 | 8761127, 6.25%, 8/22/2026<sup>(e)</sup> | 2/27/2025 | 1365 | 267 |
| 6886 | 8761188, 6.24%, 8/22/2026<sup>(e)</sup> | 2/27/2025 | 6881 | 1255 |
| 2727 | 8761407, 5.91%, 8/22/2026<sup>(e)</sup> | 2/27/2025 | 2726 | 376 |
| 2986 | 8761430, 5.91%, 8/22/2026<sup>(e)</sup> | 2/27/2025 | 2985 | 37 |
| 1272 | 8761574, 6.25%, 8/22/2026<sup>(e)</sup> | 2/27/2025 | 1271 | 946 |
| 100 | 8761952, 4.86%, 8/22/2026 | 2/27/2025 | 100 | 97 |
|  | 8762133, 4.54%, 8/23/2026 | 2/27/2025 | 0 |  |
| 4010 | 8762267, 5.40%, 8/23/2026 | 2/27/2025 | 4005 | 3325 |
| 10821 | 8762464, 5.71%, 8/23/2026<sup>(e)</sup> | 2/27/2025 | 10817 | 134 |
| 2556 | 8762703, 4.54%, 8/23/2026 | 2/27/2025 | 2548 | 2368 |
| 2863 | 8763719, 5.88%, 8/24/2026 | 2/27/2025 | 2853 | 2206 |
| 1921 | 8765369, 4.53%, 8/24/2026 | 2/27/2025 | 1916 | 1278 |
| 1027 | 8765906, 5.88%, 8/24/2026 | 2/27/2025 | 1026 | 846 |
| 3153 | 8766228, 5.39%, 8/24/2026<sup>(e)</sup> | 2/27/2025 | 3149 | 2326 |
| 589 | 8767712, 5.70%, 8/24/2026<sup>(e)</sup> | 2/27/2025 | 588 | 494 |
| 7861 | 8767729, 4.53%, 8/24/2026 | 2/27/2025 | 7777 | 7771 |
| 3944 | 8769803, 6.06%, 8/25/2026 | 2/28/2025 | 3941 | 2114 |
| 1419 | 8770240, 6.22%, 8/25/2026 | 2/28/2025 | 1418 | 900 |
| 8452 | 8770284, 4.84%, 8/25/2026<sup>(e)</sup> | 2/28/2025 | 8446 | 6082 |

---

*See Notes to Financial Statements.*

100 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 8352 | 8770386, 4.84%, 8/25/2026 | 2/28/2025 | 8323 | 8172 |
|  | 8771327, 5.39%, 8/25/2026 | 2/28/2025 | (6) |  |
| 230 | 8772445, 4.53%, 8/26/2026 | 3/3/2025 | 229 | 229 |
|  | 8773383, 4.53%, 8/26/2026 | 3/3/2025 | (16) | (23) |
| 8377 | 8773447, 4.53%, 8/26/2026 | 3/3/2025 | 8300 | 8292 |
| 2852 | 8774183, 4.53%, 8/26/2026 | 3/3/2025 | 2835 | 2791 |
| 286 | 8774284, 6.23%, 8/26/2026<sup>(e)</sup> | 3/3/2025 | 283 | 248 |
| 1698 | 8774343, 4.52%, 8/26/2026 | 3/3/2025 | 1685 | 1651 |
| 1819 | 8775066, 4.52%, 8/26/2026 | 3/3/2025 | 1812 | 1717 |
| 14995 | 8775620, 5.88%, 8/26/2026 | 3/3/2025 | 14982 | 12859 |
| 1808 | 8776347, 4.53%, 8/26/2026 | 3/3/2025 | 1784 | 1798 |
| 14688 | 8776511, 4.53%, 8/26/2026 | 3/3/2025 | 14405 | 14584 |
| 426 | 8779340, 4.54%, 8/27/2026 | 3/4/2025 | 417 | 425 |
| 5254 | 8779397, 4.55%, 8/27/2026 | 3/4/2025 | 5192 | 5175 |
| 943 | 8779867, 4.54%, 8/27/2026 | 3/4/2025 | 939 | 877 |
| 2846 | 8780162, 6.25%, 8/27/2026<sup>(e)</sup> | 3/4/2025 | 2844 | 12 |
| 2726 | 8780240, 4.54%, 8/27/2026<sup>(e)</sup> | 3/4/2025 | 2718 | 1155 |
| 675 | 8781370, 6.24%, 8/27/2026 | 3/4/2025 | 674 | 526 |
| 1276 | 8781454, 5.42%, 8/27/2026<sup>(e)</sup> | 3/4/2025 | 1276 | 8 |
| 5862 | 8781471, 5.41%, 8/27/2026<sup>(e)</sup> | 3/4/2025 | 5858 | 5104 |
| 1636 | 8781604, 5.16%, 8/27/2026 | 3/4/2025 | 1632 | 1612 |
| 2755 | 8781867, 4.86%, 8/27/2026<sup>(e)</sup> | 3/4/2025 | 2749 | 2133 |
| 16152 | 8782067, 5.41%, 8/27/2026<sup>(e)</sup> | 3/4/2025 | 16146 | 3473 |
| 4075 | 8783473, 4.54%, 8/27/2026<sup>(e)</sup> | 3/4/2025 | 4061 | 3532 |
| 953 | 8783602, 4.55%, 8/27/2026 | 3/4/2025 | 932 | 947 |
| 8899 | 8785537, 5.91%, 8/28/2026<sup>(e)</sup> | 3/5/2025 | 8894 | 6091 |
| 8187 | 8786132, 4.55%, 8/28/2026 | 3/5/2025 | 8117 | 8064 |
| 9939 | 8786548, 4.55%, 8/28/2026<sup>(e)</sup> | 3/5/2025 | 9883 | 9591 |
| 2302 | 8787200, 4.55%, 8/28/2026 | 3/5/2025 | 2289 | 2232 |
| 9166 | 8787874, 4.86%, 8/28/2026 | 3/5/2025 | 9150 | 8595 |
| 806 | 8789557, 5.15%, 9/1/2026<sup>(e)</sup> | 3/6/2025 | 806 | 711 |
| 6169 | 8789731, 4.52%, 9/1/2026 | 3/6/2025 | 6120 | 6091 |
| 779 | 8790214, 6.21%, 9/2/2026 | 3/6/2025 | 779 | 432 |
| 42 | 8790239, 5.13%, 9/2/2026 | 3/6/2025 | 40 | 42 |
| 1250 | 8790288, 5.38%, 9/2/2026 | 3/6/2025 | 1249 | 1199 |
| 1643 | 8790488, 4.51%, 9/2/2026 | 3/6/2025 | 1635 | 1575 |
| 586 | 8790655, 6.18%, 9/2/2026 | 3/6/2025 | 585 | 393 |
| 13847 | 8790662, 5.86%, 9/2/2026<sup>(e)</sup> | 3/6/2025 | 13834 | 10474 |
| 1465 | 8791701, 6.19%, 9/3/2026 | 3/6/2025 | 1460 | 1255 |
| 2344 | 8791773, 5.85%, 9/3/2026 | 3/6/2025 | 2328 | 2226 |
| 4302 | 8792143, 5.12%, 9/3/2026 | 3/6/2025 | 4296 | 4039 |
| 5831 | 8792445, 4.50%, 9/3/2026 | 3/6/2025 | 5772 | 5741 |
| 3405 | 8792931, 4.50%, 9/3/2026 | 3/6/2025 | 3391 | 3128 |
| 643 | 8792980, 6.04%, 9/3/2026<sup>(e)</sup> | 3/6/2025 | 641 | 300 |
| 2214 | 8793248, 4.50%, 9/3/2026 | 3/6/2025 | 2193 | 2190 |
| 37145 | 8793331, 4.81%, 9/3/2026 | 3/6/2025 | 37079 | 31665 |
| 511 | 8794020, 5.13%, 9/3/2026 | 3/6/2025 | 510 | 498 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 101

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1535 | 8794033, 4.50%, 9/3/2026 | 3/6/2025 | 1502 | 1526 |
| 215 | 8794210, 4.69%, 9/3/2026<sup>(e)</sup> | 3/6/2025 | 214 | 115 |
| 867 | 8794240, 5.40%, 9/3/2026<sup>(e)</sup> | 3/6/2025 | 867 | 427 |
| 4517 | 8794258, 5.36%, 9/3/2026<sup>(e)</sup> | 3/6/2025 | 4514 | 2389 |
| 3989 | 8794355, 4.50%, 9/3/2026 | 3/6/2025 | 3963 | 3921 |
| 2439 | 8795327, 5.12%, 9/4/2026<sup>(e)</sup> | 3/7/2025 | 2438 | 1226 |
| 2545 | 8795348, 6.03%, 9/4/2026 | 3/7/2025 | 2535 | 2305 |
| 2826 | 8795742, 5.86%, 9/4/2026<sup>(e)</sup> | 3/7/2025 | 2825 | 1644 |
| 388 | 8796961, 6.18%, 9/4/2026 | 3/7/2025 | 386 | 356 |
| 772 | 8797150, 4.50%, 9/4/2026 | 3/7/2025 | 762 | 767 |
| 2402 | 8797989, 6.19%, 9/4/2026<sup>(e)</sup> | 3/7/2025 | 2398 | 2110 |
| 27114 | 8798335, 4.81%, 9/4/2026<sup>(e)</sup> | 3/7/2025 | 27089 | 575 |
| 1122 | 8798857, 4.50%, 9/4/2026 | 3/7/2025 | 1116 | 1098 |
| 1267 | 8798873, 4.51%, 9/4/2026 | 3/7/2025 | 1259 | 1241 |
|  | 8798942, 5.12%, 9/4/2026 | 3/7/2025 | (623) |  |
| 918 | 8799302, 5.84%, 9/4/2026<sup>(e)</sup> | 3/7/2025 | 917 | 630 |
| 326 | 8799740, 6.22%, 9/5/2026<sup>(e)</sup> | 3/10/2025 | 325 | 133 |
| 8883 | 8799931, 4.81%, 9/5/2026<sup>(e)</sup> | 3/10/2025 | 8872 | 5047 |
| 654 | 8800042, 5.40%, 9/5/2026 | 3/10/2025 | 617 | 614 |
| 10133 | 8800384, 4.50%, 9/5/2026 | 3/10/2025 | 10096 | 8847 |
| 3676 | 8800953, 5.12%, 9/5/2026 | 3/10/2025 | 3674 | 3112 |
| 2992 | 8801139, 6.19%, 9/5/2026 | 3/10/2025 | 2989 | 2719 |
| 97 | 8801490, 4.50%, 9/5/2026 | 3/10/2025 | 96 | 97 |
| 4199 | 8801510, 4.50%, 9/5/2026<sup>(e)</sup> | 3/10/2025 | 4173 | 3108 |
| 7659 | 8801870, 4.50%, 9/5/2026<sup>(e)</sup> | 3/10/2025 | 7636 | 2784 |
| 557 | 8802427, 4.80%, 9/5/2026 | 3/10/2025 | 556 | 543 |
| 3978 | 8802442, 4.51%, 9/5/2026 | 3/10/2025 | 3958 | 3429 |
| 278 | 8802514, 6.05%, 9/5/2026 | 3/10/2025 | 277 | 221 |
| 2356 | 8802526, 4.50%, 9/5/2026 | 3/10/2025 | 2326 | 2293 |
| 8657 | 8802911, 5.67%, 9/5/2026<sup>(e)</sup> | 3/10/2025 | 8630 | 6939 |
| 28450 | 8803076, 5.85%, 9/5/2026<sup>(e)</sup> | 3/10/2025 | 28403 | 220 |
| 2458 | 8803265, 4.50%, 9/5/2026 | 3/10/2025 | 2446 | 2238 |
| 35232 | 8803412, 4.50%, 9/5/2026 | 3/10/2025 | 35031 | 32248 |
| 467 | 8806297, 4.83%, 9/6/2026 | 3/11/2025 | 461 | 464 |
| 12496 | 8806335, 5.87%, 9/6/2026<sup>(e)</sup> | 3/11/2025 | 12490 | 224 |
| 2348 | 8806534, 4.52%, 9/6/2026 | 3/11/2025 | 2328 | 2319 |
| 385 | 8806706, 5.69%, 9/6/2026 | 3/11/2025 | 384 | 373 |
| 17024 | 8806727, 6.06%, 9/6/2026<sup>(e)</sup> | 3/11/2025 | 17012 | 185 |
| 494 | 8808062, 6.06%, 9/6/2026 | 3/11/2025 | 494 | 454 |
| 1353 | 8808510, 4.53%, 9/6/2026 | 3/11/2025 | 1342 | 1331 |
| 2040 | 8808578, 4.52%, 9/6/2026 | 3/11/2025 | 1953 | 2028 |
| 1701 | 8809021, 6.21%, 9/6/2026 | 3/11/2025 | 1693 | 1672 |
| 15611 | 8810231, 5.69%, 9/6/2026 | 3/11/2025 | 15596 | 11562 |
| 17840 | 8810649, 5.14%, 9/6/2026<sup>(e)</sup> | 3/11/2025 | 17827 | 7201 |
| 10898 | 8810840, 4.52%, 9/7/2026<sup>(e)</sup> | 3/12/2025 | 10856 | 246 |
| 2294 | 8811058, 4.52%, 9/7/2026 | 3/12/2025 | 2279 | 2187 |

---

*See Notes to Financial Statements.*

102 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 279 | 8811112, 5.44%, 9/7/2026 | 3/12/2025 | 278 | 157 |
| 764 | 8811729, 4.52%, 9/7/2026 | 3/12/2025 | 747 | 760 |
| 3265 | 8812361, 4.52%, 9/7/2026 | 3/12/2025 | 3254 | 2580 |
| 1747 | 8812824, 4.52%, 9/7/2026 | 3/12/2025 | 1734 | 1687 |
| 31215 | 8812914, 4.52%, 9/7/2026 | 3/12/2025 | 31064 | 29007 |
| 1704 | 8813677, 4.53%, 9/7/2026 | 3/12/2025 | 1698 | 1097 |
| 1435 | 8813752, 4.52%, 9/7/2026 | 3/12/2025 | 1428 | 1359 |
| 1381 | 8813781, 4.53%, 9/7/2026 | 3/12/2025 | 1373 | 1305 |
| 494 | 8814226, 5.40%, 9/7/2026 | 3/12/2025 | 493 | 306 |
| 26037 | 8814306, 4.52%, 9/7/2026 | 3/12/2025 | 25852 | 25517 |
| 4728 | 8814718, 4.52%, 9/8/2026 | 3/13/2025 | 4672 | 4680 |
| 1912 | 8814926, 4.51%, 9/8/2026 | 3/13/2025 | 1900 | 1826 |
| 6325 | 8815330, 5.14%, 9/8/2026 | 3/13/2025 | 6304 | 5633 |
| 685 | 8815431, 4.83%, 9/8/2026 | 3/13/2025 | 682 | 677 |
| 1219 | 8815455, 4.83%, 9/8/2026 | 3/13/2025 | 1213 | 1197 |
| 347 | 8815680, 5.85%, 9/9/2026 | 3/13/2025 | 345 | 335 |
| 3656 | 8815738, 4.82%, 9/9/2026<sup>(e)</sup> | 3/13/2025 | 3649 | 2884 |
| 4585 | 8815806, 5.12%, 9/9/2026<sup>(e)</sup> | 3/13/2025 | 4581 | 2052 |
| 3610 | 8815872, 5.13%, 9/9/2026 | 3/13/2025 | 3606 | 3098 |
| 9017 | 8816248, 4.51%, 9/9/2026<sup>(e)</sup> | 3/13/2025 | 8991 | 178 |
| 2774 | 8816301, 5.36%, 9/9/2026<sup>(e)</sup> | 3/13/2025 | 2773 | 454 |
| 344 | 8816328, 4.69%, 9/9/2026 | 3/13/2025 | 343 | 221 |
| 1569 | 8816336, 4.51%, 9/9/2026 | 3/13/2025 | 1562 | 1327 |
| 2395 | 8817856, 4.51%, 9/10/2026 | 3/13/2025 | 2385 | 2251 |
| 1875 | 8817937, 6.03%, 9/10/2026<sup>(e)</sup> | 3/13/2025 | 1874 | 26 |
| 7478 | 8817970, 4.50%, 9/10/2026 | 3/13/2025 | 7427 | 7060 |
| 3840 | 8818524, 5.11%, 9/10/2026 | 3/13/2025 | 3835 | 3217 |
| 1401 | 8818903, 4.50%, 9/10/2026 | 3/13/2025 | 1390 | 1369 |
| 1564 | 8818986, 6.19%, 9/10/2026 | 3/13/2025 | 1561 | 1484 |
| 3491 | 8819519, 4.71%, 9/10/2026 | 3/13/2025 | 3489 | 572 |
| 1450 | 8819583, 4.51%, 9/10/2026 | 3/13/2025 | 1432 | 1437 |
| 931 | 8820236, 4.50%, 9/10/2026 | 3/13/2025 | 882 | 927 |
| 4374 | 8820387, 5.12%, 9/10/2026<sup>(e)</sup> | 3/13/2025 | 4371 | 82 |
| 266 | 8820877, 6.03%, 9/10/2026 | 3/13/2025 | 266 | 220 |
| 9363 | 8820885, 4.81%, 9/10/2026<sup>(e)</sup> | 3/13/2025 | 9354 | 73 |
| 3725 | 8820955, 4.81%, 9/10/2026 | 3/13/2025 | 3695 | 3701 |
| 2215 | 8821244, 5.39%, 9/11/2026 | 3/14/2025 | 2211 | 1782 |
| 5901 | 8821527, 5.67%, 9/11/2026 | 3/14/2025 | 5897 | 1466 |
| 1516 | 8822043, 4.81%, 9/11/2026 | 3/14/2025 | 1507 | 1477 |
| 103 | 8822264, 6.20%, 9/11/2026 | 3/14/2025 | 102 | 101 |
| 534 | 8824023, 5.36%, 9/11/2026 | 3/14/2025 | 534 | 499 |
| 5712 | 8824164, 5.85%, 9/11/2026 | 3/14/2025 | 5706 | 5231 |
| 1174 | 8824362, 4.51%, 9/11/2026 | 3/14/2025 | 1165 | 1140 |
| 162 | 8824453, 6.18%, 9/11/2026 | 3/14/2025 | 161 | 159 |
| 1190 | 8824575, 5.67%, 9/11/2026<sup>(e)</sup> | 3/14/2025 | 1190 | 15 |
| 1925 | 8825923, 5.12%, 9/12/2026 | 3/17/2025 | 1917 | 1843 |
|  | 8826108, 5.11%, 9/12/2026 | 3/17/2025 | (829) |  |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 103

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4572 | 8826272, 5.12%, 9/12/2026 | 3/17/2025 | 4568 | 3489 |
| 2644 | 8826575, 5.85%, 9/12/2026 | 3/17/2025 | 2642 | 1894 |
| 1612 | 8826907, 5.68%, 9/12/2026 | 3/17/2025 | 1610 | 300 |
| 161 | 8826955, 4.51%, 9/12/2026 | 3/17/2025 | 143 | 160 |
| 1499 | 8827118, 4.51%, 9/12/2026 | 3/17/2025 | 1483 | 1484 |
| 1487 | 8828380, 4.82%, 9/12/2026 | 3/17/2025 | 1482 | 1455 |
| 1577 | 8829427, 5.36%, 9/12/2026 | 3/17/2025 | 1561 | 1545 |
|  | 8829582, 4.50%, 9/12/2026 | 3/17/2025 | (1588) |  |
| 6549 | 8829753, 4.50%, 9/12/2026 | 3/17/2025 | 6475 | 6483 |
| 1247 | 8829906, 4.51%, 9/12/2026 | 3/17/2025 | 1234 | 1232 |
| 14580 | 8830089, 6.19%, 9/12/2026 | 3/17/2025 | 14565 | 12898 |
| 10698 | 8835058, 4.52%, 9/13/2026 | 3/18/2025 | 10578 | 10570 |
| 3636 | 8836217, 5.69%, 9/13/2026 | 3/18/2025 | 3631 | 2977 |
| 8672 | 8837904, 5.14%, 9/13/2026<sup>(e)</sup> | 3/18/2025 | 8661 | 200 |
| 734 | 8838171, 4.52%, 9/13/2026 | 3/18/2025 | 725 | 701 |
| 4683 | 8838465, 4.83%, 9/13/2026 | 3/18/2025 | 4671 | 4321 |
| 41158 | 8838943, 5.14%, 9/13/2026 | 3/18/2025 | 41050 | 32373 |
| 991 | 8839636, 5.14%, 9/14/2026 | 3/19/2025 | 987 | 969 |
| 870 | 8841097, 4.83%, 9/14/2026 | 3/19/2025 | 866 | 825 |
| 8524 | 8841155, 4.52%, 9/14/2026 | 3/19/2025 | 8454 | 8266 |
| 3429 | 8841774, 4.52%, 9/14/2026 | 3/19/2025 | 3392 | 3390 |
| 341 | 8842256, 4.53%, 9/14/2026 | 3/19/2025 | 326 | 340 |
| 53 | 8842293, 5.16%, 9/14/2026 | 3/19/2025 | 53 | 53 |
| 1040 | 8842317, 5.69%, 9/14/2026 | 3/19/2025 | 1039 | 962 |
| 35581 | 8842350, 4.52%, 9/14/2026 | 3/19/2025 | 35425 | 25500 |
| 33721 | 8842767, 4.52%, 9/14/2026 | 3/19/2025 | 33490 | 32089 |
| 10373 | 8844023, 4.83%, 9/14/2026 | 3/19/2025 | 10329 | 10011 |
| 33640 | 8844167, 6.06%, 9/15/2026<sup>(e)</sup> | 3/20/2025 | 33626 | 128 |
| 83 | 8844917, 4.83%, 9/15/2026 | 3/20/2025 | 82 | 82 |
| 1741 | 8845052, 5.39%, 9/15/2026 | 3/20/2025 | 1740 | 1438 |
| 6810 | 8845071, 4.52%, 9/15/2026 | 3/20/2025 | 6751 | 6689 |
| 3079 | 8845519, 5.38%, 9/15/2026 | 3/20/2025 | 3063 | 3002 |
| 5534 | 8845792, 5.87%, 9/15/2026 | 3/20/2025 | 5527 | 5242 |
| 3175 | 8845973, 4.52%, 9/15/2026 | 3/20/2025 | 3145 | 3124 |
| 4408 | 8846148, 4.83%, 9/15/2026<sup>(e)</sup> | 3/20/2025 | 4399 | 100 |
| 4553 | 8846201, 4.82%, 9/16/2026 | 3/20/2025 | 4540 | 3932 |
| 4014 | 8846263, 5.38%, 9/16/2026<sup>(e)</sup> | 3/20/2025 | 4013 | 47 |
| 578 | 8846290, 5.36%, 9/16/2026 | 3/20/2025 | 578 | 547 |
| 3526 | 8846569, 4.51%, 9/16/2026 | 3/20/2025 | 3449 | 3502 |
|  | 8846803, 4.51%, 9/16/2026 | 3/20/2025 | (5) |  |
| 14909 | 8846975, 5.13%, 9/16/2026 | 3/20/2025 | 14887 | 12015 |
| 5559 | 8847119, 4.51%, 9/16/2026 | 3/20/2025 | 5519 | 5394 |
| 2350 | 8848132, 4.51%, 9/17/2026 | 3/20/2025 | 2332 | 2284 |
| 4233 | 8848723, 5.36%, 9/17/2026 | 3/20/2025 | 4224 | 3493 |
| 2563 | 8848840, 4.51%, 9/17/2026 | 3/20/2025 | 2537 | 2523 |
| 2296 | 8849458, 4.81%, 9/17/2026 | 3/20/2025 | 2284 | 2253 |

---

*See Notes to Financial Statements.*

104 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2725 | 8852863, 4.50%, 9/18/2026 | 3/21/2025 | 2698 | 2689 |
| 612 | 8853270, 4.50%, 9/18/2026 | 3/21/2025 | 599 | 609 |
| 31709 | 8853348, 5.12%, 9/18/2026 | 3/21/2025 | 31639 | 28979 |
| 1290 | 8854367, 4.50%, 9/18/2026 | 3/21/2025 | 1276 | 1266 |
| 6309 | 8854629, 4.50%, 9/18/2026 | 3/21/2025 | 6200 | 6246 |
| 724 | 8854927, 4.50%, 9/18/2026 | 3/21/2025 | 716 | 711 |
| 1509 | 8854966, 5.84%, 9/18/2026 | 3/21/2025 | 1507 | 1250 |
| 10671 | 8855642, 4.81%, 9/18/2026 | 3/21/2025 | 10651 | 8032 |
| 7354 | 8855855, 5.12%, 9/18/2026 | 3/21/2025 | 7324 | 7196 |
| 15752 | 8856195, 4.50%, 9/18/2026 | 3/21/2025 | 15666 | 13426 |
| 6677 | 8857267, 4.50%, 9/18/2026 | 3/21/2025 | 6636 | 6338 |
| 23714 | 8857404, 4.50%, 9/18/2026 | 3/21/2025 | 23603 | 6337 |
| 502 | 8857792, 4.81%, 9/19/2026 | 3/24/2025 | 498 | 487 |
| 11366 | 8858086, 4.50%, 9/19/2026 | 3/24/2025 | 11266 | 11036 |
| 901 | 8858475, 4.50%, 9/19/2026 | 3/24/2025 | 848 | 895 |
| 745 | 8858622, 4.80%, 9/19/2026 | 3/24/2025 | 742 | 698 |
| 969 | 8858631, 6.19%, 9/19/2026 | 3/24/2025 | 957 | 837 |
| 846 | 8859289, 4.49%, 9/19/2026 | 3/24/2025 | 833 | 837 |
| 1021 | 8859752, 6.18%, 9/19/2026 | 3/24/2025 | 1020 | 463 |
| 5890 | 8859781, 4.81%, 9/19/2026 | 3/24/2025 | 5865 | 4982 |
| 1089 | 8860375, 5.12%, 9/19/2026 | 3/24/2025 | 1087 | 956 |
| 2572 | 8860756, 5.36%, 9/19/2026 | 3/24/2025 | 2565 | 2246 |
| 8281 | 8860791, 5.85%, 9/19/2026 | 3/24/2025 | 8276 | 2280 |
| 7259 | 8860943, 4.81%, 9/19/2026 | 3/24/2025 | 7125 | 7161 |
| 4823 | 8861449, 4.81%, 9/19/2026 | 3/24/2025 | 4803 | 4575 |
| 12022 | 8861862, 4.50%, 9/19/2026 | 3/24/2025 | 11924 | 11377 |
| 2144 | 8864987, 4.52%, 9/20/2026 | 3/25/2025 | 2117 | 2121 |
| 26788 | 8865040, 6.21%, 9/20/2026<sup>(e)</sup> | 3/25/2025 | 26773 | 245 |
| 1714 | 8865469, 4.53%, 9/20/2026 | 3/25/2025 | 1703 | 1612 |
| 1246 | 8865819, 5.87%, 9/20/2026 | 3/25/2025 | 1245 | 1170 |
| 450 | 8867680, 6.20%, 9/20/2026 | 3/25/2025 | 450 | 374 |
| 14467 | 8867695, 4.52%, 9/20/2026 | 3/25/2025 | 14332 | 14083 |
| 2629 | 8867872, 4.52%, 9/20/2026 | 3/25/2025 | 2610 | 2481 |
| 296 | 8869331, 4.83%, 9/20/2026 | 3/26/2025 | 295 | 293 |
| 754 | 8869442, 4.53%, 9/20/2026 | 3/26/2025 | 745 | 745 |
| 6378 | 8869532, 5.38%, 9/20/2026 | 3/26/2025 | 6370 | 5519 |
| 8048 | 8869567, 4.83%, 9/20/2026 | 3/26/2025 | 8013 | 7425 |
| 4132 | 8869696, 6.06%, 9/20/2026 | 3/26/2025 | 4130 | 598 |
| 3306 | 8869724, 4.52%, 9/20/2026 | 3/26/2025 | 3264 | 3235 |
| 651 | 8870651, 4.83%, 9/21/2026 | 3/26/2025 | 645 | 635 |
| 7756 | 8870952, 4.83%, 9/21/2026 | 3/26/2025 | 7700 | 7662 |
| 2494 | 8871330, 4.52%, 9/21/2026 | 3/26/2025 | 2455 | 2472 |
| 1663 | 8871649, 5.70%, 9/21/2026 | 3/26/2025 | 1662 | 1161 |
| 1003 | 8871731, 6.06%, 9/21/2026 | 3/26/2025 | 1000 | 833 |
| 2420 | 8871761, 4.52%, 9/21/2026 | 3/26/2025 | 2394 | 2353 |
| 17105 | 8872454, 4.52%, 9/21/2026 | 3/26/2025 | 16902 | 16893 |
|  | 8875271, 6.20%, 9/22/2026 | 3/27/2025 | 0 | (1) |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 105

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 574 | 8875437, 4.81%, 9/22/2026 | 3/27/2025 | 571 | 563 |
| 710 | 8875464, 6.20%, 9/22/2026<sup>(e)</sup> | 3/27/2025 | 709 | 180 |
| 6321 | 8875473, 4.52%, 9/22/2026 | 3/27/2025 | 6278 | 5703 |
| 2126 | 8875543, 4.52%, 9/22/2026 | 3/27/2025 | 2098 | 2085 |
| 847 | 8875732, 4.51%, 9/22/2026 | 3/27/2025 | 837 | 833 |
| 13534 | 8875746, 6.21%, 9/22/2026<sup>(e)</sup> | 3/27/2025 | 13526 | 2210 |
| 2018 | 8875874, 6.07%, 9/22/2026 | 3/27/2025 | 2018 | 274 |
| 1985 | 8875915, 4.52%, 9/22/2026 | 3/27/2025 | 1958 | 1963 |
| 1621 | 8876100, 5.68%, 9/22/2026 | 3/27/2025 | 1620 | 1213 |
| 4217 | 8876137, 4.52%, 9/23/2026 | 3/27/2025 | 4193 | 3581 |
| 11557 | 8876352, 4.51%, 9/23/2026 | 3/27/2025 | 11463 | 10938 |
| 6965 | 8876506, 5.13%, 9/23/2026 | 3/27/2025 | 6939 | 6278 |
| 566 | 8876679, 6.20%, 9/23/2026 | 3/27/2025 | 566 | 509 |
| 1069 | 8876696, 5.86%, 9/23/2026<sup>(e)</sup> | 3/27/2025 | 1069 | 207 |
| 2914 | 8876744, 5.13%, 9/23/2026 | 3/27/2025 | 2893 | 2469 |
| 327 | 8876908, 4.51%, 9/23/2026 | 3/27/2025 | 295 | 326 |
| 1249 | 8876950, 4.52%, 9/23/2026 | 3/27/2025 | 1238 | 1187 |
| 974 | 8877412, 4.50%, 9/24/2026 | 3/27/2025 | 950 | 968 |
| 1507 | 8877659, 4.81%, 9/24/2026 | 3/27/2025 | 1501 | 1397 |
| 7994 | 8878141, 4.50%, 9/24/2026 | 3/27/2025 | 7919 | 7748 |
| 900 | 8878398, 4.51%, 9/24/2026 | 3/27/2025 | 888 | 890 |
| 2545 | 8878576, 6.03%, 9/24/2026 | 3/27/2025 | 2541 | 1350 |
| 7726 | 8878751, 6.03%, 9/24/2026<sup>(e)</sup> | 3/27/2025 | 7722 | 23 |
| 1335 | 8878820, 4.51%, 9/24/2026 | 3/27/2025 | 1323 | 1297 |
| 1053 | 8878869, 6.17%, 9/24/2026<sup>(e)</sup> | 3/27/2025 | 1053 | 174 |
| 530 | 8878921, 4.72%, 9/24/2026 | 3/27/2025 | 530 | 366 |
| 669 | 8879026, 4.80%, 9/24/2026 | 3/27/2025 | 665 | 634 |
| 2719 | 8881059, 4.81%, 9/25/2026 | 3/28/2025 | 2690 | 2685 |
| 15092 | 8881197, 5.12%, 9/25/2026 | 3/28/2025 | 15052 | 14054 |
| 3219 | 8881389, 4.51%, 9/25/2026 | 3/28/2025 | 3194 | 3039 |
| 2853 | 8881546, 4.81%, 9/25/2026 | 3/28/2025 | 2838 | 2795 |
| 9072 | 8881884, 4.81%, 9/25/2026 | 3/28/2025 | 9018 | 8683 |
| 3273 | 8882199, 5.12%, 9/25/2026 | 3/28/2025 | 3263 | 2185 |
| 1175 | 8882300, 5.12%, 9/25/2026 | 3/28/2025 | 1171 | 1117 |
| 739 | 8882575, 5.87%, 9/25/2026<sup>(e)</sup> | 3/28/2025 | 739 | 283 |
| 4750 | 8882826, 5.12%, 9/25/2026 | 3/28/2025 | 4737 | 4466 |
|  | 8883296, 4.50%, 9/25/2026 | 3/28/2025 | (1378) |  |
| 360 | 8883519, 5.11%, 9/25/2026 | 3/28/2025 | 357 | 357 |
| 1458 | 8883544, 4.51%, 9/25/2026 | 3/28/2025 | 1433 | 1445 |
| 611 | 8883592, 4.50%, 9/25/2026 | 3/28/2025 | 602 | 605 |
| 954 | 8883730, 4.50%, 9/25/2026 | 3/28/2025 | 922 | 950 |
| 1230 | 8883855, 4.50%, 9/25/2026 | 3/28/2025 | 1213 | 1215 |
| 2996 | 8883901, 5.36%, 9/25/2026 | 3/28/2025 | 2969 | 2973 |
| 5723 | 8884197, 4.50%, 9/25/2026 | 3/28/2025 | 5614 | 5676 |
| 655 | 8884429, 5.37%, 9/25/2026 | 3/28/2025 | 653 | 618 |
| 127 | 8884436, 4.50%, 9/25/2026 | 3/28/2025 | 118 | 126 |

---

*See Notes to Financial Statements.*

106 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 3146 | 8884466, 5.12%, 9/25/2026<sup>(e)</sup> | 3/28/2025 | 3139 | 655 |
| 1720 | 8884685, 5.11%, 9/25/2026 | 3/28/2025 | 1715 | 1434 |
| 4020 | 8884737, 4.81%, 9/25/2026 | 3/28/2025 | 3994 | 3949 |
| 1414 | 8885065, 5.86%, 9/25/2026 | 3/28/2025 | 1412 | 1331 |
| 12758 | 8886343, 4.81%, 9/26/2026 | 3/31/2025 | 12658 | 12035 |
| 5244 | 8886669, 4.81%, 9/26/2026 | 3/31/2025 | 5206 | 5113 |
| 2450 | 8886950, 5.38%, 9/26/2026 | 3/31/2025 | 2448 | 1157 |
| 4168 | 8887301, 4.50%, 9/26/2026 | 3/31/2025 | 4130 | 3934 |
| 15518 | 8887610, 4.50%, 9/26/2026<sup>(e)</sup> | 3/31/2025 | 15418 | 3354 |
| 24332 | 8887963, 5.12%, 9/26/2026<sup>(e)</sup> | 3/31/2025 | 24301 | 91 |
| 275 | 8888218, 4.50%, 9/26/2026 | 3/31/2025 | 264 | 273 |
| 5623 | 8889347, 5.36%, 9/26/2026<sup>(e)</sup> | 3/31/2025 | 5618 | 1370 |
| 2655 | 8889509, 5.12%, 9/26/2026 | 3/31/2025 | 2648 | 2402 |
| 9727 | 8889995, 4.81%, 9/26/2026 | 3/31/2025 | 9596 | 9650 |
| 459 | 8890604, 4.50%, 9/26/2026 | 3/31/2025 | 448 | 455 |
| 15778 | 8890779, 5.12%, 9/26/2026 | 3/31/2025 | 15731 | 14379 |
| 2260 | 8893758, 4.52%, 9/27/2026 | 4/1/2025 | 2207 | 2244 |
| 2189 | 8894376, 4.52%, 9/27/2026 | 4/1/2025 | 2168 | 2127 |
| 615 | 8895584, 4.84%, 9/27/2026 | 4/1/2025 | 611 | 601 |
| 581 | 8895634, 4.52%, 9/27/2026 | 4/1/2025 | 574 | 575 |
| 12203 | 8895636, 5.87%, 9/27/2026<sup>(e)</sup> | 4/1/2025 | 12196 | 9440 |
| 2367 | 8895821, 6.21%, 9/27/2026 | 4/1/2025 | 2365 | 2032 |
| 11610 | 8896282, 4.52%, 9/27/2026 | 4/1/2025 | 11453 | 11451 |
| 1853 | 8896635, 4.52%, 9/27/2026 | 4/1/2025 | 1828 | 1809 |
| 29320 | 8896797, 5.14%, 9/27/2026<sup>(e)</sup> | 4/1/2025 | 29289 | 177 |
| 1216 | 8897058, 6.20%, 9/27/2026 | 4/1/2025 | 1214 | 1087 |
| 16955 | 8897110, 4.52%, 9/27/2026 | 4/1/2025 | 16784 | 16080 |
| 5816 | 8897358, 4.83%, 9/27/2026 | 4/1/2025 | 5751 | 5736 |
| 1901 | 8897739, 4.52%, 9/27/2026 | 4/1/2025 | 1878 | 1860 |
| 11122 | 8897940, 4.52%, 9/27/2026 | 4/1/2025 | 11037 | 4222 |
| 2509 | 8898095, 5.39%, 9/27/2026 | 4/1/2025 | 2505 | 2049 |
| 648 | 8898422, 4.52%, 9/28/2026 | 4/2/2025 | 638 | 631 |
| 1080 | 8898506, 5.38%, 9/28/2026 | 4/2/2025 | 1077 | 1041 |
| 414 | 8899066, 4.52%, 9/28/2026 | 4/2/2025 | 398 | 412 |
| 3159 | 8899131, 6.06%, 9/28/2026 | 4/2/2025 | 3145 | 3016 |
| 4247 | 8899393, 4.52%, 9/28/2026 | 4/2/2025 | 4174 | 4204 |
| 7 | 8899706, 6.20%, 9/28/2026 | 4/2/2025 | 7 | 7 |
| 5992 | 8900506, 5.38%, 9/28/2026 | 4/2/2025 | 5971 | 5625 |
| 3067 | 8901844, 5.38%, 9/28/2026 | 4/2/2025 | 3062 | 2283 |
| 2066 | 8902450, 4.52%, 9/28/2026 | 4/2/2025 | 2027 | 2049 |
| 10887 | 8902721, 4.52%, 9/28/2026 | 4/2/2025 | 10765 | 10582 |
| 7160 | 8903138, 5.87%, 9/29/2026 | 4/3/2025 | 7149 | 6891 |
| 1662 | 8903415, 5.69%, 9/29/2026 | 4/3/2025 | 1656 | 1607 |
| 867 | 8903551, 4.51%, 9/29/2026 | 4/3/2025 | 856 | 849 |
| 2447 | 8903569, 4.52%, 9/29/2026 | 4/3/2025 | 2422 | 2382 |
| 11722 | 8903637, 4.52%, 9/29/2026 | 4/3/2025 | 11641 | 9654 |
| 3778 | 8903878, 4.82%, 9/29/2026 | 4/3/2025 | 3763 | 3181 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 107

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1253 | 8903986, 5.42%, 9/29/2026 | 4/3/2025 | 1251 | 587 |
| 13072 | 8904079, 4.83%, 9/29/2026<sup>(e)</sup> | 4/3/2025 | 13040 | 209 |
| 2991 | 8904218, 4.51%, 9/30/2026 | 4/3/2025 | 2966 | 2803 |
| 158 | 8904324, 4.51%, 9/30/2026 | 4/3/2025 | 148 | 157 |
| 4149 | 8904550, 4.51%, 9/30/2026 | 4/3/2025 | 4119 | 3420 |
| 2650 | 8904621, 5.85%, 9/30/2026<sup>(e)</sup> | 4/3/2025 | 2649 | 888 |
| 1579 | 8904778, 4.82%, 9/30/2026 | 4/3/2025 | 1568 | 1544 |
| 3077 | 8904982, 4.51%, 9/30/2026 | 4/3/2025 | 3042 | 2991 |
| 16353 | 8905887, 4.51%, 9/30/2026 | 4/3/2025 | 16250 | 13784 |
| 2805 | 8906581, 6.20%, 9/30/2026 | 4/3/2025 | 2798 | 2544 |
| 10133 | 8908760, 5.37%, 9/30/2026 | 4/3/2025 | 10118 | 7657 |
| 1101 | 8908947, 5.13%, 9/30/2026 | 4/3/2025 | 1074 | 1072 |
| 1387 | 8909166, 4.50%, 9/30/2026 | 4/3/2025 | 1372 | 1349 |
| 6132 | 8909224, 5.13%, 9/30/2026 | 4/3/2025 | 5988 | 6097 |
| 318 | 8910139, 4.82%, 10/1/2026 | 4/4/2025 | 282 | 315 |
| 7989 | 8910334, 4.82%, 10/1/2026 | 4/4/2025 | 7898 | 7894 |
| 14524 | 8910928, 4.51%, 10/1/2026 | 4/4/2025 | 14372 | 14129 |
| 13494 | 8911573, 5.37%, 10/1/2026 | 4/4/2025 | 13480 | 8867 |
| 920 | 8911728, 4.81%, 10/1/2026 | 4/4/2025 | 916 | 835 |
| 1728 | 8911746, 5.86%, 10/1/2026 | 4/4/2025 | 1726 | 1306 |
| 519 | 8911860, 5.86%, 10/1/2026 | 4/4/2025 | 519 | 488 |
| 7804 | 8911886, 4.51%, 10/1/2026 | 4/4/2025 | 7748 | 6337 |
| 2952 | 8913025, 4.52%, 10/1/2026 | 4/4/2025 | 2926 | 2786 |
| 1071 | 8913082, 5.67%, 10/1/2026<sup>(e)</sup> | 4/4/2025 | 1070 | 19 |
| 241 | 8913110, 6.21%, 10/1/2026 | 4/4/2025 | 240 | 229 |
| 1253 | 8913142, 6.20%, 10/1/2026 | 4/4/2025 | 1252 | 876 |
| 5962 | 8913164, 4.51%, 10/1/2026 | 4/4/2025 | 5900 | 5722 |
| 2590 | 8913298, 4.72%, 10/1/2026 | 4/4/2025 | 2588 | 1388 |
| 2151 | 8913429, 4.51%, 10/1/2026 | 4/4/2025 | 2118 | 2129 |
| 25469 | 8913579, 4.82%, 10/1/2026 | 4/4/2025 | 25304 | 24454 |
| 1323 | 8913990, 4.51%, 10/1/2026 | 4/4/2025 | 1296 | 1312 |
| 52140 | 8914215, 5.37%, 10/1/2026<sup>(e)</sup> | 4/4/2025 | 52092 | 158 |
| 672 | 8914729, 6.19%, 10/1/2026 | 4/4/2025 | 672 | 125 |
| 2054 | 8914741, 5.86%, 10/1/2026 | 4/4/2025 | 2052 | 1887 |
| 4716 | 8915531, 5.68%, 10/2/2026 | 4/7/2025 | 4693 | 4603 |
| 7520 | 8916132, 4.51%, 10/2/2026 | 4/7/2025 | 7402 | 7401 |
| 2416 | 8916542, 4.51%, 10/2/2026 | 4/7/2025 | 2391 | 2349 |
| 2685 | 8916622, 6.04%, 10/2/2026 | 4/7/2025 | 2674 | 2203 |
| 1110 | 8916668, 4.51%, 10/2/2026 | 4/7/2025 | 1093 | 1094 |
| 937 | 8916917, 6.03%, 10/2/2026<sup>(e)</sup> | 4/7/2025 | 934 | 164 |
| 1529 | 8917496, 4.74%, 10/2/2026 | 4/7/2025 | 1528 | 750 |
| 18246 | 8917672, 4.51%, 10/2/2026 | 4/7/2025 | 17809 | 18095 |
| 619 | 8918211, 4.52%, 10/2/2026 | 4/7/2025 | 598 | 615 |
| 3117 | 8918514, 6.04%, 10/2/2026 | 4/7/2025 | 3112 | 2719 |
| 9963 | 8918683, 5.13%, 10/2/2026 | 4/7/2025 | 9861 | 9865 |
| 1251 | 8918915, 4.52%, 10/2/2026 | 4/7/2025 | 1235 | 1230 |

---

*See Notes to Financial Statements.*

108 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 370 | 8919085, 6.05%, 10/2/2026 | 4/7/2025 | 314 | 357 |
| 2020 | 8921902, 4.53%, 10/3/2026 | 4/8/2025 | 1970 | 2001 |
| 1321 | 8923209, 4.53%, 10/3/2026 | 4/8/2025 | 1224 | 1316 |
| 9423 | 8923514, 5.15%, 10/3/2026 | 4/8/2025 | 9358 | 8211 |
| 4758 | 8924051, 5.15%, 10/3/2026 | 4/8/2025 | 4741 | 3970 |
| 5133 | 8924076, 5.40%, 10/3/2026 | 4/8/2025 | 5124 | 1274 |
| 383 | 8924142, 6.08%, 10/3/2026 | 4/8/2025 | 383 | 313 |
| 3332 | 8924156, 5.70%, 10/3/2026 | 4/8/2025 | 3321 | 3269 |
| 3951 | 8924284, 5.88%, 10/3/2026 | 4/8/2025 | 3949 | 2318 |
| 928 | 8924337, 5.89%, 10/3/2026 | 4/8/2025 | 927 | 881 |
| 1683 | 8924812, 5.38%, 10/3/2026 | 4/8/2025 | 1680 | 1317 |
| 574 | 8924880, 6.06%, 10/3/2026 | 4/8/2025 | 574 | 353 |
| 6178 | 8925133, 4.84%, 10/3/2026<sup>(e)</sup> | 4/8/2025 | 6157 | 1232 |
| 1850 | 8925187, 5.89%, 10/3/2026 | 4/8/2025 | 1849 | 1538 |
| 15367 | 8925205, 5.39%, 10/3/2026 | 4/8/2025 | 15265 | 15038 |
| 577 | 8925918, 4.54%, 10/3/2026 | 4/8/2025 | 560 | 572 |
| 9951 | 8926080, 5.15%, 10/4/2026 | 4/9/2025 | 9875 | 9790 |
| 15073 | 8927517, 5.39%, 10/4/2026<sup>(e)</sup> | 4/9/2025 | 15023 | 10782 |
| 287 | 8927957, 5.39%, 10/4/2026 | 4/9/2025 | 286 | 277 |
|  | 8928989, 5.15%, 10/4/2026 | 4/9/2025 | (414) |  |
| 4364 | 8929149, 5.70%, 10/4/2026 | 4/9/2025 | 4358 | 4101 |
| 5686 | 8929212, 5.70%, 10/4/2026<sup>(e)</sup> | 4/9/2025 | 5683 | 47 |
| 876 | 8930165, 5.42%, 10/5/2026 | 4/10/2025 | 874 | 829 |
| 2396 | 8930240, 5.15%, 10/5/2026 | 4/10/2025 | 2389 | 1792 |
| 2158 | 8930313, 4.84%, 10/5/2026 | 4/10/2025 | 2134 | 2081 |
| 2171 | 8930692, 4.84%, 10/5/2026 | 4/10/2025 | 2153 | 2095 |
| 4612 | 8930733, 6.22%, 10/5/2026 | 4/10/2025 | 4600 | 4005 |
| 1126 | 8930902, 5.15%, 10/5/2026 | 4/10/2025 | 1115 | 1106 |
| 10160 | 8931045, 4.52%, 10/6/2026<sup>(e)</sup> | 4/10/2025 | 10096 | 218 |
| 1327 | 8931656, 5.40%, 10/6/2026<sup>(e)</sup> | 4/10/2025 | 1326 | 16 |
| 4042 | 8931688, 4.52%, 10/6/2026 | 4/10/2025 | 3972 | 3996 |
| 1247 | 8932782, 4.51%, 10/7/2026 | 4/10/2025 | 1230 | 1228 |
| 6808 | 8932895, 4.51%, 10/7/2026 | 4/10/2025 | 6730 | 6604 |
| 1087 | 8933688, 6.21%, 10/7/2026 | 4/10/2025 | 1086 | 909 |
| 7359 | 8933747, 4.51%, 10/7/2026 | 4/10/2025 | 7229 | 7274 |
| 1070 | 8934235, 4.51%, 10/7/2026 | 4/10/2025 | 1055 | 1047 |
| 2479 | 8934268, 4.51%, 10/7/2026 | 4/10/2025 | 2433 | 2453 |
| 41585 | 8934375, 6.20%, 10/7/2026<sup>(e)</sup> | 4/10/2025 | 41550 | 21758 |
| 1546 | 8935137, 4.52%, 10/7/2026 | 4/10/2025 | 1526 | 1513 |
| 4914 | 8935166, 5.13%, 10/7/2026 | 4/10/2025 | 4899 | 3792 |
| 3146 | 8935338, 4.51%, 10/7/2026 | 4/10/2025 | 3118 | 2870 |
| 7303 | 8935838, 4.51%, 10/7/2026 | 4/10/2025 | 7218 | 7111 |
| 2321 | 8936208, 5.86%, 10/7/2026 | 4/10/2025 | 2320 | 2014 |
| 2229 | 8936281, 4.51%, 10/7/2026 | 4/10/2025 | 2183 | 2208 |
| 489 | 8936959, 4.80%, 10/8/2026 | 4/11/2025 | 484 | 475 |
| 1828 | 8936979, 4.51%, 10/8/2026 | 4/11/2025 | 1801 | 1805 |
| 967 | 8937077, 6.04%, 10/8/2026<sup>(e)</sup> | 4/11/2025 | 966 | 99 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 109

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2103 | 8937085, 5.36%, 10/8/2026 | 4/11/2025 | 2099 | 1601 |
| 3413 | 8937379, 5.86%, 10/8/2026 | 4/11/2025 | 3408 | 3324 |
| 3674 | 8938237, 5.86%, 10/8/2026<sup>(e)</sup> | 4/11/2025 | 3672 | 1167 |
| 6780 | 8938318, 6.04%, 10/8/2026 | 4/11/2025 | 6774 | 4526 |
| 7520 | 8938510, 4.51%, 10/8/2026 | 4/11/2025 | 7387 | 7428 |
| 474 | 8938747, 6.21%, 10/8/2026 | 4/11/2025 | 473 | 446 |
| 1300 | 8938793, 4.51%, 10/8/2026 | 4/11/2025 | 1271 | 1287 |
|  | 8938842, 5.37%, 10/8/2026 | 4/11/2025 | (8633) |  |
| 4852 | 8939928, 4.52%, 10/8/2026 | 4/11/2025 | 4808 | 4629 |
| 3259 | 8939979, 4.72%, 10/8/2026<sup>(e)</sup> | 4/11/2025 | 3258 | 56 |
| 1060 | 8940022, 4.82%, 10/8/2026 | 4/11/2025 | 1042 | 1052 |
| 10247 | 8940136, 5.68%, 10/8/2026 | 4/11/2025 | 10231 | 9610 |
| 3803 | 8940304, 5.86%, 10/8/2026 | 4/11/2025 | 3800 | 2899 |
| 13074 | 8940908, 4.51%, 10/8/2026 | 4/11/2025 | 12807 | 12939 |
| 368 | 8941041, 4.53%, 10/9/2026 | 4/14/2025 | 361 | 365 |
| 439 | 8941113, 4.51%, 10/9/2026 | 4/14/2025 | 433 | 431 |
| 152 | 8941483, 5.16%, 10/9/2026 | 4/14/2025 | 150 | 149 |
| 1667 | 8941979, 4.51%, 10/9/2026 | 4/14/2025 | 1633 | 1649 |
| 1409 | 8942085, 5.38%, 10/9/2026 | 4/14/2025 | 1395 | 1360 |
| 2009 | 8942139, 5.37%, 10/9/2026 | 4/14/2025 | 1998 | 1525 |
|  | 8942476, 5.37%, 10/9/2026 | 4/14/2025 | (4) | (8) |
| 1186 | 8942593, 5.86%, 10/9/2026 | 4/14/2025 | 1181 | 677 |
| 1217 | 8942612, 5.36%, 10/9/2026 | 4/14/2025 | 1214 | 1126 |
| 1771 | 8942632, 5.13%, 10/9/2026 | 4/14/2025 | 1754 | 1733 |
| 737 | 8942712, 5.86%, 10/9/2026 | 4/14/2025 | 736 | 665 |
| 4901 | 8942722, 4.51%, 10/9/2026 | 4/14/2025 | 4833 | 4793 |
| 10061 | 8942892, 4.51%, 10/9/2026 | 4/14/2025 | 9868 | 9892 |
| 1566 | 8943297, 5.13%, 10/9/2026 | 4/14/2025 | 1388 | 1558 |
| 5458 | 8943680, 4.51%, 10/9/2026 | 4/14/2025 | 5377 | 5349 |
| 1889 | 8944027, 5.87%, 10/9/2026 | 4/14/2025 | 1887 | 1078 |
| 705 | 8944140, 5.37%, 10/9/2026 | 4/14/2025 | 694 | 700 |
| 705 | 8944197, 5.41%, 10/9/2026 | 4/14/2025 | 704 | 500 |
| 38172 | 8944822, 4.82%, 10/9/2026<sup>(e)</sup> | 4/14/2025 | 38047 | 157 |
| 4440 | 8948238, 5.39%, 10/10/2026 | 4/15/2025 | 4420 | 4240 |
| 6032 | 8948475, 4.53%, 10/10/2026 | 4/15/2025 | 5961 | 5228 |
| 1190 | 8948639, 4.74%, 10/10/2026 | 4/15/2025 | 1188 | 1055 |
| 499 | 8949211, 4.53%, 10/10/2026 | 4/15/2025 | 476 | 496 |
| 2202 | 8949293, 4.54%, 10/10/2026 | 4/15/2025 | 2185 | 1857 |
| 536 | 8949352, 4.53%, 10/10/2026 | 4/15/2025 | 526 | 531 |
| 8370 | 8949399, 5.89%, 10/10/2026<sup>(e)</sup> | 4/15/2025 | 8366 | 88 |
| 1235 | 8949531, 4.53%, 10/10/2026 | 4/15/2025 | 1208 | 1222 |
| 11798 | 8949665, 4.53%, 10/10/2026 | 4/15/2025 | 11684 | 9857 |
| 290 | 8949885, 6.23%, 10/10/2026 | 4/15/2025 | 287 | 282 |
| 2104 | 8949939, 4.84%, 10/10/2026 | 4/15/2025 | 2079 | 2060 |
| 317 | 8950055, 4.55%, 10/10/2026 | 4/15/2025 | 309 | 314 |
| 3603 | 8950120, 5.15%, 10/10/2026 | 4/15/2025 | 3582 | 3335 |

---

*See Notes to Financial Statements.*

110 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 3104 | 8950547, 5.15%, 10/10/2026 | 4/15/2025 | 3083 | 2934 |
| 5755 | 8951127, 4.53%, 10/10/2026 | 4/15/2025 | 5652 | 5686 |
| 918 | 8951342, 4.53%, 10/10/2026 | 4/15/2025 | 897 | 910 |
| 461 | 8951369, 4.53%, 10/10/2026 | 4/15/2025 | 441 | 459 |
| 1987 | 8951419, 4.75%, 10/10/2026 | 4/15/2025 | 1986 | 946 |
| 33130 | 8951424, 4.53%, 10/10/2026 | 4/15/2025 | 32862 | 27926 |
| 16195 | 8951855, 4.84%, 10/10/2026 | 4/15/2025 | 16060 | 15698 |
| 4679 | 8952272, 4.84%, 10/10/2026 | 4/15/2025 | 4653 | 3750 |
| 564 | 8952427, 5.69%, 10/10/2026 | 4/15/2025 | 562 | 530 |
| 12171 | 8952855, 4.53%, 10/11/2026 | 4/16/2025 | 11991 | 11911 |
| 343 | 8953446, 4.53%, 10/11/2026 | 4/16/2025 | 325 | 341 |
| 10016 | 8953535, 5.42%, 10/11/2026<sup>(e)</sup> | 4/16/2025 | 10010 | 87 |
| 6700 | 8954128, 4.53%, 10/11/2026 | 4/16/2025 | 6583 | 6605 |
| 1228 | 8954637, 4.52%, 10/11/2026 | 4/16/2025 | 1206 | 1211 |
| 923 | 8954658, 5.89%, 10/11/2026 | 4/16/2025 | 913 | 911 |
| 706 | 8954794, 4.84%, 10/11/2026 | 4/16/2025 | 660 | 702 |
| 4019 | 8954933, 4.84%, 10/11/2026 | 4/16/2025 | 3931 | 3974 |
| 2315 | 8955223, 5.39%, 10/11/2026 | 4/16/2025 | 2307 | 2158 |
|  | 8955334, 4.53%, 10/11/2026 | 4/16/2025 | (533) |  |
| 931 | 8955430, 6.22%, 10/11/2026<sup>(e)</sup> | 4/16/2025 | 930 | 479 |
| 231 | 8955688, 5.15%, 10/11/2026 | 4/16/2025 | 213 | 229 |
| 42 | 8955785, 5.88%, 10/11/2026 | 4/16/2025 | 40 | 41 |
| 2100 | 8955821, 5.39%, 10/11/2026 | 4/16/2025 | 2094 | 1757 |
| 44185 | 8956109, 4.84%, 10/11/2026 | 4/16/2025 | 43979 | 26237 |
| 9883 | 8956557, 5.88%, 10/11/2026 | 4/16/2025 | 9859 | 9612 |
| 1236 | 8956915, 5.14%, 10/12/2026 | 4/17/2025 | 1225 | 1211 |
| 1922 | 8956972, 6.22%, 10/12/2026 | 4/17/2025 | 1907 | 1718 |
| 2794 | 8957033, 4.53%, 10/12/2026 | 4/17/2025 | 2753 | 2737 |
| 3112 | 8957138, 6.22%, 10/12/2026 | 4/17/2025 | 3109 | 2714 |
| 11150 | 8957688, 4.53%, 10/12/2026 | 4/17/2025 | 11067 | 6916 |
| 2360 | 8957921, 4.53%, 10/12/2026 | 4/17/2025 | 2321 | 2321 |
| 813 | 8958000, 4.83%, 10/12/2026 | 4/17/2025 | 803 | 793 |
| 14919 | 8958056, 4.52%, 10/13/2026 | 4/17/2025 | 14815 | 11065 |
| 660 | 8958615, 4.52%, 10/13/2026 | 4/17/2025 | 643 | 654 |
| 2218 | 8958658, 4.52%, 10/13/2026 | 4/17/2025 | 2187 | 2171 |
| 955 | 8958699, 4.52%, 10/13/2026 | 4/17/2025 | 938 | 923 |
| 3069 | 8958915, 6.21%, 10/13/2026 | 4/17/2025 | 3052 | 2939 |
| 7732 | 8960057, 4.51%, 10/14/2026 | 4/17/2025 | 7644 | 6396 |
| 3559 | 8960407, 4.82%, 10/14/2026 | 4/17/2025 | 3516 | 3487 |
| 1148 | 8960699, 6.19%, 10/14/2026 | 4/17/2025 | 1147 | 658 |
| 619 | 8960734, 6.06%, 10/14/2026<sup>(e)</sup> | 4/17/2025 | 618 | 422 |
| 7786 | 8960868, 4.82%, 10/14/2026 | 4/17/2025 | 7750 | 5382 |
| 1691 | 8961049, 4.51%, 10/14/2026 | 4/17/2025 | 1651 | 1676 |
| 789 | 8961707, 5.68%, 10/14/2026 | 4/17/2025 | 788 | 732 |
| 1624 | 8962021, 6.19%, 10/14/2026 | 4/17/2025 | 1623 | 1145 |
| 3210 | 8962073, 4.82%, 10/14/2026 | 4/17/2025 | 3149 | 3134 |
| 1311 | 8962225, 4.51%, 10/14/2026 | 4/17/2025 | 1215 | 1305 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 111

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 532 | 8962618, 5.38%, 10/14/2026<sup>(e)</sup> | 4/17/2025 | 531 | 221 |
| 1247 | 8962653, 4.52%, 10/14/2026 | 4/17/2025 | 1221 | 1233 |
| 1549 | 8964036, 4.51%, 10/14/2026 | 4/17/2025 | 1521 | 1529 |
| 3301 | 8964091, 5.37%, 10/14/2026 | 4/17/2025 | 3287 | 3088 |
| 1127 | 8964247, 4.51%, 10/14/2026 | 4/17/2025 | 1091 | 1119 |
| 1388 | 8964320, 4.51%, 10/14/2026 | 4/17/2025 | 1352 | 1376 |
| 908 | 8964438, 4.51%, 10/14/2026 | 4/17/2025 | 890 | 896 |
| 6286 | 8964504, 5.86%, 10/14/2026 | 4/17/2025 | 6281 | 5325 |
| 1908 | 8964913, 5.86%, 10/15/2026 | 4/18/2025 | 1903 | 1869 |
| 890 | 8966635, 4.52%, 10/15/2026 | 4/18/2025 | 859 | 884 |
| 21041 | 8967988, 5.86%, 10/15/2026 | 4/18/2025 | 21028 | 8626 |
| 3187 | 8968263, 4.51%, 10/15/2026 | 4/18/2025 | 3041 | 3172 |
| 13870 | 8968530, 6.20%, 10/15/2026 | 4/18/2025 | 13864 | 5945 |
| 24322 | 8968652, 4.51%, 10/15/2026 | 4/18/2025 | 23919 | 23856 |
| 1584 | 8969238, 4.51%, 10/15/2026 | 4/18/2025 | 1548 | 1569 |
| 1472 | 8969281, 4.52%, 10/15/2026 | 4/18/2025 | 1451 | 1421 |
| 4033 | 8970169, 4.51%, 10/16/2026 | 4/21/2025 | 3801 | 4012 |
| 707 | 8970532, 4.51%, 10/16/2026 | 4/21/2025 | 694 | 697 |
| 1985 | 8971583, 6.21%, 10/16/2026 | 4/21/2025 | 1982 | 1351 |
| 652 | 8971622, 4.81%, 10/16/2026 | 4/21/2025 | 641 | 646 |
| 2105 | 8972059, 4.51%, 10/16/2026 | 4/21/2025 | 2034 | 2087 |
| 10391 | 8973362, 4.82%, 10/16/2026 | 4/21/2025 | 10220 | 10272 |
| 2305 | 8973694, 4.52%, 10/16/2026 | 4/21/2025 | 2260 | 2276 |
| 19791 | 8976263, 6.22%, 10/17/2026 | 4/22/2025 | 19779 | 12778 |
| 2233 | 8977090, 4.53%, 10/17/2026 | 4/22/2025 | 2184 | 2208 |
| 7852 | 8977396, 4.53%, 10/17/2026 | 4/22/2025 | 7707 | 7729 |
| 841 | 8977727, 4.53%, 10/17/2026 | 4/22/2025 | 830 | 817 |
| 2335 | 8977736, 5.88%, 10/17/2026 | 4/22/2025 | 2332 | 2026 |
| 12110 | 8978241, 4.53%, 10/17/2026 | 4/22/2025 | 11942 | 11609 |
| 180 | 8978485, 4.84%, 10/17/2026 | 4/22/2025 | 168 | 179 |
| 5868 | 8979038, 5.39%, 10/17/2026<sup>(e)</sup> | 4/22/2025 | 5838 | 5358 |
| 2265 | 8979124, 4.53%, 10/17/2026 | 4/22/2025 | 2244 | 1824 |
| 1399 | 8979140, 6.23%, 10/17/2026 | 4/22/2025 | 1398 | 1133 |
| 4200 | 8979221, 4.53%, 10/17/2026 | 4/22/2025 | 4161 | 3493 |
| 8088 | 8979277, 4.53%, 10/17/2026 | 4/22/2025 | 7978 | 7881 |
| 6488 | 8979634, 4.84%, 10/17/2026 | 4/22/2025 | 6450 | 4561 |
| 3944 | 8979779, 5.15%, 10/17/2026 | 4/22/2025 | 3891 | 3811 |
| 2299 | 8980014, 6.22%, 10/17/2026 | 4/22/2025 | 2284 | 2201 |
| 9559 | 8980446, 5.88%, 10/17/2026 | 4/22/2025 | 9538 | 9291 |
| 2763 | 8980740, 6.22%, 10/18/2026<sup>(e)</sup> | 4/23/2025 | 2761 | 50 |
| 10336 | 8980812, 5.15%, 10/18/2026 | 4/23/2025 | 10286 | 8553 |
| 10387 | 8981193, 5.88%, 10/18/2026 | 4/23/2025 | 10366 | 5550 |
| 8028 | 8982063, 5.14%, 10/18/2026 | 4/23/2025 | 7979 | 6162 |
| 1506 | 8982224, 4.53%, 10/18/2026 | 4/23/2025 | 1465 | 1490 |
| 8736 | 8982301, 4.53%, 10/18/2026 | 4/23/2025 | 8543 | 8641 |
| 868 | 8982774, 5.45%, 10/18/2026<sup>(e)</sup> | 4/23/2025 | 868 | 6 |

---

*See Notes to Financial Statements.*

112 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 9798 | 8983256, 4.84%, 10/18/2026 | 4/23/2025 | 9726 | 8789 |
| 743 | 8983935, 4.72%, 10/18/2026 | 4/23/2025 | 743 | 360 |
| 1298 | 8985435, 4.83%, 10/19/2026 | 4/24/2025 | 1273 | 1280 |
| 4964 | 8985497, 4.53%, 10/19/2026 | 4/24/2025 | 4921 | 4062 |
| 1177 | 8985603, 5.89%, 10/19/2026 | 4/24/2025 | 1175 | 1063 |
| 7451 | 8985619, 5.39%, 10/19/2026 | 4/24/2025 | 7408 | 6852 |
| 6064 | 8985785, 4.84%, 10/19/2026<sup>(e)</sup> | 4/24/2025 | 6028 | 1339 |
| 6594 | 8985840, 4.53%, 10/19/2026 | 4/24/2025 | 6517 | 6325 |
| 5251 | 8986138, 5.15%, 10/19/2026 | 4/24/2025 | 5220 | 4807 |
| 410 | 8986217, 5.14%, 10/19/2026 | 4/24/2025 | 402 | 405 |
| 1271 | 8986332, 4.83%, 10/20/2026 | 4/24/2025 | 1261 | 1106 |
| 6821 | 8986547, 4.52%, 10/20/2026 | 4/24/2025 | 6658 | 6745 |
| 3371 | 8986752, 5.87%, 10/20/2026 | 4/24/2025 | 3368 | 1805 |
| 509 | 8988801, 5.39%, 10/21/2026 | 4/24/2025 | 508 | 232 |
| 1224 | 8989137, 5.11%, 10/21/2026 | 4/24/2025 | 1216 | 1075 |
| 1560 | 8989339, 4.51%, 10/21/2026 | 4/24/2025 | 1532 | 1534 |
| 1058 | 8989411, 6.18%, 10/21/2026<sup>(e)</sup> | 4/24/2025 | 1057 | 322 |
| 3567 | 8989644, 4.51%, 10/21/2026 | 4/24/2025 | 3523 | 3414 |
| 4301 | 8989769, 4.82%, 10/21/2026 | 4/24/2025 | 4267 | 3922 |
| 3320 | 8989875, 5.38%, 10/21/2026 | 4/24/2025 | 3308 | 2686 |
| 7136 | 8990019, 4.73%, 10/21/2026 | 4/24/2025 | 7132 | 3072 |
| 8498 | 8990199, 4.51%, 10/21/2026 | 4/24/2025 | 8328 | 8315 |
| 2608 | 8990570, 4.82%, 10/21/2026 | 4/24/2025 | 2565 | 2574 |
| 6485 | 8991955, 4.51%, 10/22/2026 | 4/25/2025 | 6412 | 5953 |
| 707 | 8992192, 5.37%, 10/22/2026 | 4/25/2025 | 673 | 703 |
| 8500 | 8993371, 4.51%, 10/22/2026 | 4/25/2025 | 8288 | 8413 |
| 2706 | 8993763, 4.82%, 10/22/2026 | 4/25/2025 | 2672 | 2609 |
| 1219 | 8993822, 5.86%, 10/22/2026 | 4/25/2025 | 1216 | 1164 |
| 7576 | 8993886, 4.51%, 10/22/2026 | 4/25/2025 | 7426 | 7475 |
| 2387 | 8994360, 6.20%, 10/22/2026 | 4/25/2025 | 2384 | 2174 |
| 6622 | 8994587, 4.82%, 10/22/2026 | 4/25/2025 | 6588 | 4803 |
| 1791 | 8994973, 4.51%, 10/22/2026 | 4/25/2025 | 1766 | 1745 |
| 13508 | 8995240, 6.04%, 10/22/2026<sup>(e)</sup> | 4/25/2025 | 13501 | 1171 |
| 57029 | 8995651, 6.20%, 10/22/2026<sup>(e)</sup> | 4/25/2025 | 56999 | 30407 |
| 11178 | 8996200, 5.13%, 10/22/2026 | 4/25/2025 | 11140 | 6690 |
| 5397 | 8996316, 4.51%, 10/22/2026 | 4/25/2025 | 5286 | 5231 |
| 12390 | 8996404, 5.13%, 10/23/2026 | 4/28/2025 | 12225 | 12119 |
| 8297 | 8996939, 4.51%, 10/23/2026 | 4/28/2025 | 8215 | 6777 |
| 1163 | 8997152, 5.12%, 10/23/2026 | 4/28/2025 | 1131 | 1151 |
| 406 | 8997242, 5.86%, 10/23/2026 | 4/28/2025 | 403 | 402 |
| 826 | 8997543, 6.17%, 10/23/2026<sup>(e)</sup> | 4/28/2025 | 824 | 356 |
| 2231 | 8997984, 4.51%, 10/23/2026 | 4/28/2025 | 2178 | 2206 |
| 726 | 8998214, 5.87%, 10/23/2026 | 4/28/2025 | 719 | 715 |
| 7783 | 8998363, 4.51%, 10/23/2026<sup>(e)</sup> | 4/28/2025 | 7691 | 6809 |
| 1563 | 8998640, 6.20%, 10/23/2026 | 4/28/2025 | 1558 | 1508 |
| 4984 | 8999349, 4.51%, 10/23/2026 | 4/28/2025 | 4873 | 4911 |
| 3562 | 8999504, 4.82%, 10/23/2026 | 4/28/2025 | 3534 | 3001 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 113

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2958 | 8999516, 6.20%, 10/23/2026 | 4/28/2025 | 2890 | 2845 |
| 601 | 8999762, 5.86%, 10/23/2026 | 4/28/2025 | 595 | 592 |
| 1284 | 8999803, 4.82%, 10/23/2026 | 4/28/2025 | 1256 | 1260 |
| 15475 | 8999845, 4.82%, 10/23/2026 | 4/28/2025 | 15209 | 15112 |
| 5585 | 9000163, 4.51%, 10/23/2026 | 4/28/2025 | 5479 | 5506 |
| 17596 | 9000275, 6.20%, 10/23/2026 | 4/28/2025 | 17575 | 16258 |
| 997 | 9003144, 5.88%, 10/24/2026 | 4/29/2025 | 994 | 947 |
| 397 | 9003237, 5.15%, 10/24/2026 | 4/29/2025 | 386 | 394 |
| 6227 | 9003369, 5.88%, 10/24/2026 | 4/29/2025 | 6196 | 5844 |
| 477 | 9003712, 4.54%, 10/24/2026 | 4/29/2025 | 455 | 473 |
| 1763 | 9004077, 5.14%, 10/24/2026 | 4/29/2025 | 1749 | 1605 |
| 5490 | 9004166, 4.53%, 10/24/2026 | 4/29/2025 | 5369 | 5424 |
|  | 9004553, 4.83%, 10/24/2026 | 4/29/2025 | (11) | (6) |
| 2760 | 9004953, 4.53%, 10/24/2026 | 4/29/2025 | 2685 | 2734 |
| 1095 | 9005869, 4.55%, 10/24/2026 | 4/29/2025 | 1085 | 910 |
| 623 | 9005880, 4.84%, 10/24/2026 | 4/29/2025 | 618 | 599 |
| 3103 | 9005885, 4.53%, 10/24/2026 | 4/29/2025 | 3032 | 3068 |
| 3393 | 9006067, 5.15%, 10/24/2026 | 4/29/2025 | 3364 | 3223 |
| 636 | 9006125, 4.83%, 10/24/2026 | 4/29/2025 | 617 | 630 |
| 969 | 9006167, 5.39%, 10/24/2026 | 4/29/2025 | 963 | 926 |
| 1187 | 9006183, 5.89%, 10/24/2026 | 4/29/2025 | 1184 | 1055 |
| 16781 | 9006906, 4.53%, 10/24/2026 | 4/29/2025 | 16362 | 16610 |
| 6570 | 9007542, 6.22%, 10/24/2026 | 4/29/2025 | 6543 | 6438 |
| 8923 | 9008101, 4.84%, 10/25/2026 | 4/30/2025 | 8796 | 8688 |
| 540 | 9008457, 6.23%, 10/25/2026 | 4/30/2025 | 537 | 510 |
| 1153 | 9008497, 6.22%, 10/25/2026 | 4/30/2025 | 1149 | 1079 |
| 11671 | 9008576, 4.53%, 10/25/2026 | 4/30/2025 | 11523 | 9994 |
| 2767 | 9009063, 4.53%, 10/25/2026 | 4/30/2025 | 2717 | 2714 |
| 283 | 9010336, 6.24%, 10/25/2026 | 4/30/2025 | 283 | 266 |
| 5715 | 9010467, 4.84%, 10/25/2026 | 4/30/2025 | 5658 | 5288 |
| 19463 | 9011096, 4.53%, 10/25/2026 | 4/30/2025 | 19054 | 19185 |
| 2536 | 9011522, 5.15%, 10/25/2026 | 4/30/2025 | 2519 | 2214 |
| 4633 | 9011948, 4.84%, 10/25/2026 | 4/30/2025 | 4598 | 3992 |
| 3225 | 9012108, 5.15%, 10/26/2026 | 5/1/2025 | 3155 | 3194 |
| 1286 | 9012276, 5.15%, 10/26/2026 | 5/1/2025 | 1273 | 1177 |
| 356 | 9012294, 5.88%, 10/26/2026 | 5/1/2025 | 349 | 350 |
| 1808 | 9012319, 4.54%, 10/26/2026 | 5/1/2025 | 1783 | 1688 |
| 381 | 9012523, 5.69%, 10/26/2026 | 5/1/2025 | 376 | 375 |
| 1243 | 9012534, 4.54%, 10/26/2026 | 5/1/2025 | 1227 | 1166 |
| 704 | 9012550, 5.15%, 10/26/2026 | 5/1/2025 | 697 | 650 |
| 563 | 9012669, 5.70%, 10/26/2026 | 5/1/2025 | 549 | 555 |
| 2072 | 9012818, 6.06%, 10/26/2026<sup>(e)</sup> | 5/1/2025 | 2071 | 1098 |
| 3721 | 9012842, 4.53%, 10/26/2026 | 5/1/2025 | 3653 | 3648 |
| 1943 | 9012919, 6.07%, 10/26/2026 | 5/1/2025 | 1909 | 1915 |
| 3150 | 9013274, 5.69%, 10/27/2026 | 5/1/2025 | 3140 | 2289 |
| 12566 | 9013345, 4.52%, 10/27/2026 | 5/1/2025 | 12306 | 12279 |

---

*See Notes to Financial Statements.*

114 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2777 | 9013548, 4.53%, 10/27/2026 | 5/1/2025 | 2735 | 2688 |
| 2267 | 9013812, 4.52%, 10/27/2026 | 5/1/2025 | 2217 | 2232 |
| 2158 | 9013858, 5.87%, 10/27/2026 | 5/1/2025 | 2151 | 2018 |
| 6446 | 9014706, 4.82%, 10/28/2026 | 5/1/2025 | 6288 | 6387 |
| 1919 | 9016434, 6.21%, 10/28/2026<sup>(e)</sup> | 5/1/2025 | 1918 | 1159 |
| 5936 | 9016505, 5.86%, 10/28/2026<sup>(e)</sup> | 5/1/2025 | 5929 | 3628 |
| 785 | 9018829, 4.82%, 10/28/2026 | 5/1/2025 | 769 | 776 |
| 6356 | 9019650, 4.51%, 10/28/2026 | 5/1/2025 | 6207 | 6266 |
| 452 | 9020153, 4.52%, 10/29/2026 | 5/2/2025 | 435 | 448 |
|  | 9020197, 4.53%, 10/29/2026 | 5/2/2025 | (2) |  |
| 1994 | 9020368, 5.13%, 10/29/2026<sup>(e)</sup> | 5/2/2025 | 1984 | 277 |
| 1285 | 9020418, 4.82%, 10/29/2026 | 5/2/2025 | 1266 | 1257 |
| 4256 | 9020549, 5.86%, 10/29/2026<sup>(e)</sup> | 5/2/2025 | 4245 | 1605 |
| 811 | 9020657, 4.82%, 10/29/2026 | 5/2/2025 | 790 | 803 |
| 781 | 9021057, 5.36%, 10/29/2026 | 5/2/2025 | 775 | 719 |
| 309 | 9021358, 5.68%, 10/29/2026 | 5/2/2025 | 305 | 303 |
| 2210 | 9022793, 4.51%, 10/29/2026 | 5/2/2025 | 2185 | 2023 |
| 2315 | 9022821, 4.82%, 10/29/2026<sup>(e)</sup> | 5/2/2025 | 2298 | 833 |
| 1877 | 9022885, 5.13%, 10/29/2026 | 5/2/2025 | 1837 | 1855 |
| 2475 | 9023917, 4.52%, 10/29/2026 | 5/2/2025 | 2427 | 2439 |
| 4509 | 9024289, 4.51%, 10/29/2026 | 5/2/2025 | 4434 | 4377 |
| 8217 | 9024359, 6.20%, 10/29/2026 | 5/2/2025 | 8212 | 4900 |
| 2182 | 9024479, 5.37%, 10/29/2026 | 5/2/2025 | 2136 | 2159 |
| 1375 | 9024584, 4.51%, 10/29/2026 | 5/2/2025 | 1344 | 1358 |
| 828 | 9024673, 4.82%, 10/29/2026 | 5/2/2025 | 799 | 819 |
| 1475 | 9024934, 5.41%, 10/30/2026<sup>(e)</sup> | 5/5/2025 | 1471 | 14 |
| 1099 | 9024975, 4.51%, 10/30/2026 | 5/5/2025 | 1081 | 1082 |
| 839 | 9025048, 5.86%, 10/30/2026 | 5/5/2025 | 834 | 808 |
| 11421 | 9025105, 5.86%, 10/30/2026 | 5/5/2025 | 11386 | 10676 |
| 1054 | 9025715, 6.18%, 10/30/2026<sup>(e)</sup> | 5/5/2025 | 1054 | 122 |
| 23715 | 9025762, 5.68%, 10/30/2026 | 5/5/2025 | 23610 | 19521 |
| 4788 | 9026353, 5.86%, 10/30/2026 | 5/5/2025 | 4772 | 4326 |
| 1857 | 9026432, 4.51%, 10/30/2026 | 5/5/2025 | 1727 | 1848 |
| 1905 | 9026617, 5.38%, 10/30/2026<sup>(e)</sup> | 5/5/2025 | 1893 | 1599 |
| 7158 | 9027205, 4.51%, 10/30/2026 | 5/5/2025 | 7044 | 6925 |
| 498 | 9027473, 5.36%, 10/30/2026 | 5/5/2025 | 489 | 491 |
| 777 | 9027483, 4.52%, 10/30/2026 | 5/5/2025 | 756 | 767 |
| 3242 | 9027644, 6.20%, 10/30/2026 | 5/5/2025 | 3235 | 2105 |
| 2174 | 9027708, 4.51%, 10/30/2026 | 5/5/2025 | 2126 | 2143 |
| 3610 | 9027858, 6.05%, 10/30/2026 | 5/5/2025 | 3606 | 2280 |
| 2256 | 9027900, 5.68%, 10/30/2026<sup>(e)</sup> | 5/5/2025 | 2243 | 2061 |
| 2464 | 9028077, 4.51%, 10/30/2026 | 5/5/2025 | 2270 | 2451 |
| 1456 | 9028395, 5.13%, 10/30/2026 | 5/5/2025 | 1438 | 1420 |
| 2924 | 9032068, 6.21%, 11/1/2026 | 5/6/2025 | 2921 | 2344 |
| 3696 | 9032138, 4.52%, 11/1/2026 | 5/6/2025 | 3611 | 3629 |
| 2647 | 9032232, 4.82%, 11/1/2026 | 5/6/2025 | 2616 | 2437 |
| 1687 | 9032354, 5.38%, 11/1/2026 | 5/6/2025 | 1672 | 1597 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 115

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1630 | 9032388, 5.87%, 11/1/2026<sup>(e)</sup> | 5/6/2025 | 1623 | 1183 |
| 770 | 9032554, 4.52%, 11/1/2026 | 5/6/2025 | 754 | 757 |
| 1632 | 9032569, 4.52%, 11/1/2026 | 5/6/2025 | 1596 | 1604 |
| 408 | 9032607, 6.06%, 11/1/2026<sup>(e)</sup> | 5/6/2025 | 408 | 279 |
| 16761 | 9032935, 4.52%, 11/1/2026 | 5/6/2025 | 16473 | 16345 |
| 1585 | 9033504, 5.14%, 11/1/2026 | 5/6/2025 | 1559 | 1552 |
| 3278 | 9033701, 5.87%, 11/1/2026<sup>(e)</sup> | 5/6/2025 | 3273 | 261 |
| 1054 | 9034263, 6.04%, 11/1/2026<sup>(e)</sup> | 5/6/2025 | 1054 | 105 |
| 2978 | 9034271, 4.51%, 11/1/2026<sup>(e)</sup> | 5/6/2025 | 2941 | 2556 |
| 35 | 9034428, 6.22%, 11/1/2026 | 5/6/2025 | 35 | 34 |
| 12930 | 9034439, 6.21%, 11/1/2026<sup>(e)</sup> | 5/6/2025 | 12923 | 218 |
| 12293 | 9034633, 4.52%, 11/1/2026 | 5/6/2025 | 12061 | 11991 |
| 1987 | 9035213, 4.51%, 11/1/2026 | 5/6/2025 | 1957 | 1911 |
| 16958 | 9035346, 4.52%, 11/1/2026 | 5/6/2025 | 16716 | 15723 |
| 4420 | 9036203, 4.52%, 11/1/2026 | 5/6/2025 | 4314 | 4363 |
| 1157 | 9036425, 6.21%, 11/1/2026 | 5/6/2025 | 1153 | 1092 |
| 14609 | 9036504, 5.87%, 11/1/2026 | 5/6/2025 | 14581 | 9561 |
| 8746 | 9036697, 5.38%, 11/1/2026<sup>(e)</sup> | 5/6/2025 | 8711 | 1193 |
| 3668 | 9036779, 4.52%, 11/1/2026 | 5/6/2025 | 3600 | 3556 |
| 1264 | 9036821, 4.52%, 11/1/2026 | 5/6/2025 | 1244 | 1212 |
| 3648 | 9036851, 4.83%, 11/1/2026 | 5/6/2025 | 3586 | 3593 |
| 1924 | 9037014, 4.82%, 11/2/2026 | 5/7/2025 | 1906 | 1633 |
| 3289 | 9037034, 6.06%, 11/2/2026<sup>(e)</sup> | 5/7/2025 | 3285 | 1513 |
| 3021 | 9037172, 5.88%, 11/2/2026 | 5/7/2025 | 3012 | 2732 |
| 1998 | 9038387, 4.52%, 11/2/2026 | 5/7/2025 | 1942 | 1976 |
| 4333 | 9038965, 4.52%, 11/2/2026 | 5/7/2025 | 4280 | 3931 |
| 13542 | 9039054, 4.52%, 11/2/2026 | 5/7/2025 | 13253 | 13335 |
| 3446 | 9040377, 5.69%, 11/2/2026 | 5/7/2025 | 3433 | 2575 |
| 721 | 9040449, 4.52%, 11/2/2026 | 5/7/2025 | 708 | 707 |
| 622 | 9040475, 4.53%, 11/2/2026 | 5/7/2025 | 601 | 616 |
| 31266 | 9040489, 4.83%, 11/2/2026 | 5/7/2025 | 30921 | 29899 |
| 17245 | 9041293, 4.52%, 11/2/2026 | 5/7/2025 | 16775 | 17063 |
| 696 | 9041410, 5.14%, 11/3/2026 | 5/8/2025 | 674 | 688 |
| 16381 | 9041436, 5.14%, 11/3/2026 | 5/8/2025 | 16231 | 15006 |
| 411 | 9041718, 5.87%, 11/3/2026 | 5/8/2025 | 409 | 388 |
| 1236 | 9041730, 5.88%, 11/3/2026 | 5/8/2025 | 1229 | 1199 |
| 2728 | 9041761, 4.83%, 11/3/2026 | 5/8/2025 | 2685 | 2595 |
| 891 | 9041903, 6.20%, 11/3/2026<sup>(e)</sup> | 5/8/2025 | 890 | 788 |
| 14370 | 9041935, 4.52%, 11/3/2026<sup>(e)</sup> | 5/8/2025 | 14196 | 12026 |
| 8341 | 9042138, 4.52%, 11/3/2026 | 5/8/2025 | 8134 | 8238 |
|  | 9042571, 5.87%, 11/4/2026 | 5/8/2025 | (224) |  |
| 1103 | 9042591, 5.68%, 11/4/2026 | 5/8/2025 | 1092 | 934 |
| 1059 | 9042636, 6.21%, 11/4/2026<sup>(e)</sup> | 5/8/2025 | 1054 | 969 |
| 2320 | 9042663, 5.13%, 11/4/2026 | 5/8/2025 | 2278 | 2275 |
| 964 | 9042748, 4.81%, 11/4/2026 | 5/8/2025 | 926 | 945 |
| 10869 | 9042833, 4.82%, 11/4/2026<sup>(e)</sup> | 5/8/2025 | 10777 | 2638 |

---

*See Notes to Financial Statements.*

116 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2129 | 9042964, 6.20%, 11/4/2026 | 5/8/2025 | 2122 | 2067 |
| 1378 | 9043154, 5.86%, 11/4/2026 | 5/8/2025 | 1367 | 1327 |
| 640 | 9043213, 6.22%, 11/4/2026 | 5/8/2025 | 640 | 421 |
| 1074 | 9043225, 4.82%, 11/4/2026 | 5/8/2025 | 1055 | 1049 |
| 7487 | 9043440, 5.13%, 11/4/2026 | 5/8/2025 | 7407 | 6777 |
| 2287 | 9044370, 4.51%, 11/5/2026 | 5/8/2025 | 2243 | 2215 |
| 7957 | 9044410, 4.50%, 11/5/2026 | 5/8/2025 | 7821 | 7519 |
| 688 | 9044503, 6.21%, 11/5/2026<sup>(e)</sup> | 5/8/2025 | 688 | 242 |
| 4041 | 9045226, 5.11%, 11/5/2026 | 5/8/2025 | 4016 | 572 |
| 2391 | 9045294, 5.13%, 11/5/2026 | 5/8/2025 | 2373 | 1853 |
| 4374 | 9045481, 4.81%, 11/5/2026 | 5/8/2025 | 4274 | 4313 |
| 1605 | 9045734, 4.81%, 11/5/2026 | 5/8/2025 | 1585 | 1535 |
| 676 | 9046135, 6.22%, 11/5/2026 | 5/8/2025 | 675 | 486 |
| 1656 | 9046146, 5.85%, 11/5/2026 | 5/8/2025 | 1648 | 1563 |
| 2995 | 9046293, 4.50%, 11/5/2026 | 5/8/2025 | 2928 | 2950 |
| 10959 | 9046402, 6.19%, 11/5/2026 | 5/8/2025 | 10950 | 9136 |
| 2327 | 9046586, 4.50%, 11/5/2026 | 5/8/2025 | 2270 | 2274 |
| 3681 | 9046733, 4.51%, 11/5/2026 | 5/8/2025 | 3607 | 3613 |
| 3098 | 9046872, 5.12%, 11/5/2026 | 5/8/2025 | 3068 | 2817 |
| 1276 | 9046946, 5.11%, 11/5/2026 | 5/8/2025 | 1246 | 1248 |
| 11792 | 9047024, 4.81%, 11/5/2026<sup>(e)</sup> | 5/8/2025 | 11697 | 4614 |
| 5957 | 9047216, 4.50%, 11/5/2026 | 5/8/2025 | 5802 | 5827 |
| 25629 | 9047406, 4.50%, 11/5/2026 | 5/8/2025 | 24997 | 25171 |
| 6328 | 9048174, 4.50%, 11/5/2026 | 5/8/2025 | 6203 | 6206 |
| 3837 | 9048544, 5.67%, 11/6/2026<sup>(e)</sup> | 5/9/2025 | 3820 | 1940 |
| 1190 | 9048995, 5.36%, 11/6/2026 | 5/9/2025 | 1172 | 1159 |
| 178 | 9049172, 5.85%, 11/6/2026 | 5/9/2025 | 174 | 173 |
| 20867 | 9049265, 6.19%, 11/6/2026 | 5/9/2025 | 20858 | 3252 |
| 3145 | 9049824, 4.50%, 11/6/2026 | 5/9/2025 | 3070 | 3103 |
| 519 | 9050076, 4.81%, 11/6/2026 | 5/9/2025 | 506 | 512 |
| 305 | 9050105, 6.19%, 11/6/2026 | 5/9/2025 | 304 | 284 |
| 2041 | 9050305, 4.50%, 11/6/2026 | 5/9/2025 | 1990 | 2013 |
| 590 | 9050450, 4.80%, 11/6/2026 | 5/9/2025 | 577 | 583 |
| 4774 | 9050466, 5.12%, 11/6/2026 | 5/9/2025 | 4730 | 4068 |
| 572 | 9051083, 5.86%, 11/6/2026 | 5/9/2025 | 567 | 556 |
| 22089 | 9051126, 4.81%, 11/6/2026 | 5/9/2025 | 21480 | 21870 |
| 17418 | 9052000, 4.50%, 11/6/2026 | 5/9/2025 | 17148 | 16453 |
| 1616 | 9052437, 5.36%, 11/6/2026 | 5/9/2025 | 1600 | 1392 |
| 50521 | 9052716, 4.50%, 11/6/2026 | 5/9/2025 | 49934 | 39519 |
| 999 | 9055807, 4.50%, 11/7/2026 | 5/12/2025 | 956 | 992 |
| 217 | 9056220, 6.16%, 11/7/2026 | 5/12/2025 | 217 | 192 |
| 1410 | 9056228, 4.50%, 11/7/2026 | 5/12/2025 | 1382 | 1381 |
| 4118 | 9056650, 4.50%, 11/7/2026 | 5/12/2025 | 4017 | 4055 |
| 16571 | 9056817, 5.67%, 11/7/2026 | 5/12/2025 | 16498 | 11260 |
| 10122 | 9057034, 5.12%, 11/7/2026 | 5/12/2025 | 10034 | 8650 |
| 3481 | 9057183, 4.50%, 11/7/2026 | 5/12/2025 | 3428 | 3344 |
| 8361 | 9057237, 5.12%, 11/7/2026 | 5/12/2025 | 8250 | 8039 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 117

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4900 | 9057402, 5.12%, 11/7/2026 | 5/12/2025 | 4829 | 4747 |
| 7083 | 9060229, 4.52%, 11/8/2026 | 5/13/2025 | 6961 | 6847 |
| 9775 | 9060417, 4.52%, 11/8/2026 | 5/13/2025 | 9554 | 9602 |
| 673 | 9060768, 5.14%, 11/8/2026 | 5/13/2025 | 662 | 653 |
| 4934 | 9060811, 4.52%, 11/8/2026 | 5/13/2025 | 4817 | 4829 |
| 3340 | 9061082, 6.05%, 11/8/2026 | 5/13/2025 | 3338 | 362 |
| 1146 | 9061133, 5.87%, 11/8/2026 | 5/13/2025 | 1141 | 982 |
| 10356 | 9061315, 4.74%, 11/8/2026<sup>(e)</sup> | 5/13/2025 | 10349 | 3725 |
| 1191 | 9061796, 4.83%, 11/8/2026 | 5/13/2025 | 1170 | 1162 |
| 3581 | 9061830, 4.83%, 11/8/2026 | 5/13/2025 | 3534 | 3422 |
| 22997 | 9061887, 5.14%, 11/8/2026 | 5/13/2025 | 22796 | 12230 |
| 2540 | 9063159, 4.83%, 11/8/2026 | 5/13/2025 | 2506 | 2434 |
| 2882 | 9063350, 5.14%, 11/8/2026 | 5/13/2025 | 2852 | 2396 |
| 4036 | 9063378, 4.52%, 11/8/2026 | 5/13/2025 | 3912 | 3962 |
| 1580 | 9063613, 6.21%, 11/8/2026 | 5/13/2025 | 1578 | 1462 |
| 6745 | 9063666, 4.52%, 11/8/2026 | 5/13/2025 | 6635 | 6482 |
| 132 | 9064043, 5.14%, 11/8/2026 | 5/13/2025 | 126 | 131 |
| 2921 | 9064068, 4.83%, 11/8/2026 | 5/13/2025 | 2881 | 2802 |
| 16893 | 9064193, 5.14%, 11/8/2026 | 5/13/2025 | 16771 | 3075 |
| 8789 | 9064402, 5.14%, 11/8/2026 | 5/13/2025 | 8674 | 8454 |
| 2585 | 9065441, 5.38%, 11/9/2026 | 5/14/2025 | 2533 | 2529 |
| 2495 | 9065682, 5.87%, 11/9/2026 | 5/14/2025 | 2483 | 2135 |
| 316 | 9065811, 6.22%, 11/9/2026 | 5/14/2025 | 313 | 305 |
| 2027 | 9065860, 4.52%, 11/9/2026 | 5/14/2025 | 1989 | 1980 |
| 7076 | 9065941, 4.83%, 11/9/2026 | 5/14/2025 | 6973 | 6545 |
| 1227 | 9066476, 5.13%, 11/9/2026 | 5/14/2025 | 1217 | 988 |
| 2362 | 9067419, 5.13%, 11/9/2026 | 5/14/2025 | 2309 | 2330 |
| 9125 | 9067545, 5.13%, 11/9/2026<sup>(e)</sup> | 5/14/2025 | 9074 | 140 |
| 1953 | 9068066, 5.69%, 11/9/2026 | 5/14/2025 | 1915 | 1930 |
| 5354 | 9068226, 5.13%, 11/9/2026 | 5/14/2025 | 5297 | 4565 |
| 18547 | 9068959, 4.52%, 11/9/2026 | 5/14/2025 | 18290 | 16433 |
| 4319 | 9069252, 4.83%, 11/9/2026 | 5/14/2025 | 4209 | 4262 |
| 33901 | 9070451, 4.52%, 11/10/2026 | 5/15/2025 | 33309 | 32645 |
| 449 | 9070980, 6.21%, 11/10/2026 | 5/15/2025 | 449 | 402 |
| 3383 | 9071094, 5.87%, 11/10/2026 | 5/15/2025 | 3368 | 3089 |
| 11866 | 9071167, 4.52%, 11/10/2026 | 5/15/2025 | 11667 | 11376 |
| 11443 | 9071696, 4.82%, 11/11/2026 | 5/15/2025 | 11291 | 10758 |
| 2008 | 9071953, 5.12%, 11/11/2026 | 5/15/2025 | 1976 | 1943 |
| 237 | 9072045, 6.23%, 11/11/2026 | 5/15/2025 | 236 | 223 |
| 2226 | 9072098, 4.51%, 11/11/2026 | 5/15/2025 | 2178 | 2183 |
| 12814 | 9072235, 4.51%, 11/11/2026 | 5/15/2025 | 12547 | 12558 |
| 1516 | 9072457, 4.81%, 11/12/2026 | 5/15/2025 | 1481 | 1489 |
| 403 | 9072890, 5.66%, 11/12/2026 | 5/15/2025 | 397 | 392 |
| 1814 | 9072940, 5.36%, 11/12/2026 | 5/15/2025 | 1792 | 1755 |
| 11204 | 9073007, 4.50%, 11/12/2026 | 5/15/2025 | 10991 | 10839 |
| 8588 | 9073315, 4.81%, 11/12/2026 | 5/15/2025 | 8484 | 7419 |

---

*See Notes to Financial Statements.*

118 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1445 | 9074396, 4.50%, 11/12/2026 | 5/15/2025 | 1407 | 1426 |
| 6113 | 9074465, 4.50%, 11/12/2026 | 5/15/2025 | 5960 | 6025 |
| 2185 | 9074680, 4.81%, 11/12/2026 | 5/15/2025 | 2135 | 2130 |
| 7223 | 9075547, 4.50%, 11/12/2026 | 5/15/2025 | 7079 | 7027 |
| 868 | 9075779, 6.19%, 11/12/2026 | 5/15/2025 | 868 | 561 |
| 5787 | 9075802, 6.19%, 11/12/2026 | 5/15/2025 | 5781 | 4859 |
| 3693 | 9076493, 4.51%, 11/12/2026 | 5/15/2025 | 3623 | 3595 |
| 6356 | 9076728, 4.50%, 11/13/2026 | 5/16/2025 | 6249 | 6101 |
| 2744 | 9077038, 4.81%, 11/13/2026 | 5/16/2025 | 2705 | 2590 |
| 8690 | 9077120, 4.81%, 11/13/2026 | 5/16/2025 | 8552 | 8388 |
| 1692 | 9078275, 6.19%, 11/13/2026 | 5/16/2025 | 1689 | 1604 |
| 1070 | 9078379, 4.50%, 11/13/2026 | 5/16/2025 | 1040 | 1056 |
| 33497 | 9079794, 4.50%, 11/13/2026 | 5/16/2025 | 32875 | 32389 |
| 3902 | 9080607, 4.50%, 11/13/2026 | 5/16/2025 | 3831 | 3762 |
| 854 | 9080715, 4.81%, 11/13/2026 | 5/16/2025 | 841 | 787 |
| 1650 | 9080738, 4.80%, 11/13/2026 | 5/16/2025 | 1625 | 1592 |
| 8500 | 9080812, 4.50%, 11/13/2026 | 5/16/2025 | 8403 | 7401 |
| 3350 | 9080966, 4.51%, 11/13/2026 | 5/16/2025 | 3271 | 3291 |
| 62831 | 9081078, 5.12%, 11/13/2026 | 5/16/2025 | 62315 | 52921 |
| 1133 | 9081750, 5.85%, 11/14/2026 | 5/19/2025 | 1127 | 974 |
| 602 | 9082160, 6.03%, 11/14/2026 | 5/19/2025 | 600 | 566 |
| 3778 | 9082222, 4.50%, 11/14/2026 | 5/19/2025 | 3646 | 3740 |
| 2625 | 9082556, 6.19%, 11/14/2026 | 5/19/2025 | 2530 | 2588 |
| 5167 | 9083226, 4.51%, 11/14/2026 | 5/19/2025 | 5018 | 5066 |
| 9776 | 9083351, 4.81%, 11/14/2026 | 5/19/2025 | 9562 | 9536 |
| 29894 | 9084479, 4.50%, 11/14/2026 | 5/19/2025 | 29325 | 29070 |
| 3367 | 9084950, 4.50%, 11/14/2026 | 5/19/2025 | 3276 | 3318 |
| 6929 | 9085031, 5.12%, 11/14/2026 | 5/19/2025 | 6688 | 6779 |
| 947 | 9085346, 5.12%, 11/14/2026 | 5/19/2025 | 859 | 940 |
| 6674 | 9085510, 6.19%, 11/14/2026 | 5/19/2025 | 6564 | 6493 |
| 6653 | 9088627, 4.52%, 11/15/2026 | 5/20/2025 | 6485 | 6555 |
| 2099 | 9088957, 4.53%, 11/15/2026 | 5/20/2025 | 2056 | 2051 |
| 4920 | 9089026, 5.38%, 11/15/2026 | 5/20/2025 | 4846 | 4730 |
| 563 | 9089453, 6.22%, 11/15/2026 | 5/20/2025 | 557 | 550 |
| 5583 | 9090132, 5.87%, 11/15/2026 | 5/20/2025 | 5563 | 4089 |
| 13536 | 9090444, 6.21%, 11/15/2026 | 5/20/2025 | 13443 | 12816 |
| 9895 | 9091053, 6.21%, 11/15/2026 | 5/20/2025 | 9866 | 8153 |
| 2299 | 9091311, 4.83%, 11/15/2026 | 5/20/2025 | 2272 | 2025 |
| 1001 | 9091916, 4.83%, 11/15/2026 | 5/20/2025 | 981 | 957 |
| 844 | 9093230, 5.42%, 11/16/2026 | 5/21/2025 | 843 | 114 |
| 218 | 9093250, 6.06%, 11/16/2026 | 5/21/2025 | 203 | 201 |
| 1719 | 9093393, 6.22%, 11/16/2026 | 5/21/2025 | 1718 | 1370 |
| 924 | 9093495, 4.84%, 11/16/2026 | 5/21/2025 | 911 | 885 |
| 157 | 9093550, 6.07%, 11/16/2026 | 5/21/2025 | 156 | 151 |
| 14648 | 9093701, 4.52%, 11/16/2026 | 5/21/2025 | 14289 | 14414 |
| 145 | 9094513, 6.21%, 11/16/2026 | 5/21/2025 | 143 | 140 |
| 676 | 9094571, 5.87%, 11/16/2026 | 5/21/2025 | 671 | 632 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 119

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 3428 | 9094597, 6.21%, 11/16/2026 | 5/21/2025 | 3419 | 2538 |
| 2813 | 9094848, 4.52%, 11/16/2026 | 5/21/2025 | 2762 | 2706 |
| 9745 | 9094972, 4.52%, 11/16/2026 | 5/21/2025 | 9577 | 9360 |
| 39319 | 9095268, 4.52%, 11/16/2026 | 5/21/2025 | 38838 | 32688 |
| 1619 | 9095932, 4.51%, 11/16/2026 | 5/21/2025 | 1577 | 1596 |
| 908 | 9096192, 6.03%, 11/16/2026 | 5/21/2025 | 908 | 116 |
| 776 | 9096221, 4.83%, 11/16/2026 | 5/21/2025 | 760 | 751 |
| 17007 | 9096248, 4.52%, 11/16/2026 | 5/21/2025 | 16576 | 16743 |
| 4494 | 9097757, 5.38%, 11/17/2026 | 5/22/2025 | 4435 | 4244 |
| 3436 | 9097976, 4.52%, 11/17/2026 | 5/22/2025 | 3357 | 3371 |
| 6033 | 9098101, 5.41%, 11/17/2026 | 5/22/2025 | 6024 | 1573 |
| 2149 | 9098192, 5.87%, 11/17/2026 | 5/22/2025 | 2119 | 2081 |
| 8846 | 9098320, 4.52%, 11/17/2026 | 5/22/2025 | 8637 | 8698 |
| 5185 | 9098470, 4.52%, 11/17/2026 | 5/22/2025 | 5105 | 2453 |
| 4198 | 9098599, 4.83%, 11/17/2026 | 5/22/2025 | 4134 | 3862 |
| 11795 | 9098649, 5.14%, 11/17/2026<sup>(e)</sup> | 5/22/2025 | 11701 | 2089 |
| 4563 | 9098738, 4.52%, 11/18/2026 | 5/22/2025 | 4492 | 4134 |
| 1492 | 9098880, 6.20%, 11/18/2026 | 5/22/2025 | 1489 | 1405 |
| 839 | 9099006, 5.86%, 11/18/2026 | 5/22/2025 | 832 | 801 |
| 1794 | 9099092, 6.19%, 11/18/2026 | 5/22/2025 | 1789 | 1415 |
| 1843 | 9099125, 4.50%, 11/18/2026 | 5/22/2025 | 1809 | 1766 |
| 1628 | 9099156, 5.87%, 11/18/2026 | 5/22/2025 | 1622 | 226 |
| 2077 | 9099167, 5.67%, 11/18/2026<sup>(e)</sup> | 5/22/2025 | 2068 | 34 |
| 1564 | 9099184, 4.52%, 11/18/2026 | 5/22/2025 | 1519 | 1545 |
| 9244 | 9099268, 5.37%, 11/18/2026 | 5/22/2025 | 9151 | 8096 |
| 3189 | 9099453, 4.51%, 11/18/2026 | 5/22/2025 | 3134 | 3059 |
| 1895 | 9099673, 4.81%, 11/19/2026 | 5/22/2025 | 1855 | 1816 |
| 1802 | 9100466, 4.50%, 11/19/2026 | 5/22/2025 | 1761 | 1754 |
| 1895 | 9100539, 4.50%, 11/19/2026 | 5/22/2025 | 1844 | 1868 |
| 2647 | 9100654, 4.50%, 11/19/2026 | 5/22/2025 | 2593 | 2586 |
| 1418 | 9100771, 5.38%, 11/19/2026 | 5/22/2025 | 1416 | 1215 |
| 8531 | 9100833, 4.50%, 11/19/2026<sup>(e)</sup> | 5/22/2025 | 8433 | 3589 |
| 4388 | 9101066, 6.03%, 11/19/2026 | 5/22/2025 | 4385 | 2801 |
| 7322 | 9101182, 4.81%, 11/19/2026 | 5/22/2025 | 7232 | 5205 |
| 804 | 9101272, 4.51%, 11/19/2026 | 5/22/2025 | 782 | 792 |
| 749 | 9101302, 5.36%, 11/19/2026 | 5/22/2025 | 735 | 730 |
| 443 | 9101385, 6.20%, 11/19/2026 | 5/22/2025 | 442 | 394 |
| 2517 | 9101675, 4.51%, 11/19/2026 | 5/22/2025 | 2451 | 2479 |
| 83 | 9102338, 5.86%, 11/19/2026 | 5/22/2025 | 78 | 81 |
| 6127 | 9102499, 4.50%, 11/19/2026 | 5/22/2025 | 5948 | 6046 |
| 889 | 9102703, 6.19%, 11/19/2026 | 5/22/2025 | 882 | 860 |
| 18080 | 9102783, 4.50%, 11/19/2026 | 5/22/2025 | 17730 | 17578 |
| 5181 | 9103167, 4.51%, 11/19/2026 | 5/22/2025 | 5032 | 5096 |
| 1939 | 9103429, 4.81%, 11/19/2026 | 5/22/2025 | 1894 | 1911 |
| 2104 | 9103535, 4.50%, 11/19/2026 | 5/22/2025 | 2042 | 2078 |
| 1686 | 9103658, 6.19%, 11/19/2026 | 5/22/2025 | 1679 | 1535 |

---

*See Notes to Financial Statements.*

120 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1568 | 9103748, 4.80%, 11/19/2026 | 5/22/2025 | 1543 | 1504 |
| 4792 | 9104416, 6.19%, 11/20/2026 | 5/23/2025 | 4780 | 3172 |
| 5921 | 9104512, 4.81%, 11/20/2026 | 5/23/2025 | 5758 | 5850 |
| 2232 | 9105054, 5.86%, 11/20/2026 | 5/23/2025 | 2218 | 2006 |
| 1914 | 9105330, 5.11%, 11/20/2026 | 5/23/2025 | 1880 | 1858 |
| 4706 | 9105583, 4.50%, 11/20/2026 | 5/23/2025 | 4570 | 4643 |
| 2111 | 9105753, 4.51%, 11/20/2026 | 5/23/2025 | 2059 | 2077 |
| 4353 | 9105864, 4.51%, 11/20/2026 | 5/23/2025 | 4278 | 4016 |
| 1771 | 9105962, 4.81%, 11/20/2026 | 5/23/2025 | 1741 | 1697 |
| 9712 | 9106048, 5.36%, 11/20/2026 | 5/23/2025 | 9526 | 9540 |
| 7372 | 9106448, 4.81%, 11/20/2026 | 5/23/2025 | 7208 | 7259 |
| 6687 | 9106666, 6.19%, 11/20/2026 | 5/23/2025 | 6661 | 5787 |
| 10285 | 9106833, 6.18%, 11/20/2026<sup>(e)</sup> | 5/23/2025 | 10276 | 141 |
| 3347 | 9106954, 6.19%, 11/20/2026 | 5/23/2025 | 3339 | 3191 |
| 2621 | 9107674, 6.18%, 11/20/2026 | 5/23/2025 | 2616 | 2282 |
| 3883 | 9107737, 4.50%, 11/20/2026 | 5/23/2025 | 3781 | 3816 |
| 5825 | 9107818, 4.81%, 11/20/2026 | 5/23/2025 | 5456 | 5788 |
| 781 | 9108322, 5.39%, 11/20/2026<sup>(e)</sup> | 5/23/2025 | 781 | 73 |
| 2246 | 9108335, 4.51%, 11/20/2026 | 5/23/2025 | 2215 | 1000 |
| 4082 | 9108388, 5.67%, 11/20/2026 | 5/23/2025 | 4032 | 3985 |
| 1007 | 9108538, 6.18%, 11/20/2026 | 5/23/2025 | 1003 | 919 |
| 3169 | 9108717, 4.50%, 11/20/2026 | 5/23/2025 | 3094 | 3110 |
| 408 | 9108802, 5.42%, 11/20/2026 | 5/23/2025 | 408 | 185 |
| 6402 | 9108807, 5.36%, 11/20/2026<sup>(e)</sup> | 5/23/2025 | 6366 | 83 |
| 13621 | 9110033, 4.81%, 11/21/2026 | 5/27/2025 | 13332 | 12969 |
| 1108 | 9110500, 4.81%, 11/21/2026 | 5/27/2025 | 1080 | 1088 |
| 8623 | 9110644, 4.50%, 11/21/2026 | 5/27/2025 | 8446 | 8293 |
| 331 | 9110785, 5.86%, 11/21/2026 | 5/27/2025 | 321 | 328 |
| 462 | 9110838, 6.18%, 11/21/2026 | 5/27/2025 | 456 | 427 |
| 2695 | 9110852, 5.86%, 11/21/2026 | 5/27/2025 | 2684 | 358 |
| 2278 | 9110962, 4.81%, 11/21/2026 | 5/27/2025 | 2181 | 2260 |
| 1416 | 9111184, 5.12%, 11/21/2026 | 5/27/2025 | 1394 | 1359 |
| 1515 | 9111203, 4.81%, 11/21/2026 | 5/27/2025 | 1464 | 1484 |
| 3708 | 9111260, 4.50%, 11/21/2026 | 5/27/2025 | 3630 | 3528 |
| 3268 | 9111343, 4.51%, 11/21/2026 | 5/27/2025 | 3183 | 3198 |
| 14609 | 9111430, 5.36%, 11/21/2026 | 5/27/2025 | 14436 | 12878 |
| 46635 | 9111753, 4.50%, 11/21/2026 | 5/27/2025 | 45934 | 41514 |
| 14232 | 9112382, 4.50%, 11/21/2026 | 5/27/2025 | 13984 | 12265 |
| 18137 | 9112679, 4.81%, 11/21/2026 | 5/27/2025 | 17635 | 17736 |
| 4571 | 9113069, 5.85%, 11/21/2026 | 5/27/2025 | 4544 | 3737 |
| 1285 | 9113123, 5.37%, 11/21/2026 | 5/27/2025 | 1264 | 1227 |
| 646 | 9117809, 6.21%, 11/22/2026 | 5/28/2025 | 643 | 529 |
| 279 | 9117879, 6.05%, 11/22/2026 | 5/28/2025 | 278 | 242 |
| 6937 | 9117898, 4.84%, 11/22/2026 | 5/28/2025 | 6806 | 6769 |
| 2570 | 9118030, 5.88%, 11/22/2026 | 5/28/2025 | 2552 | 2238 |
| 5455 | 9118088, 4.53%, 11/22/2026 | 5/28/2025 | 5307 | 5370 |
| 1349 | 9119155, 4.83%, 11/22/2026 | 5/28/2025 | 1318 | 1325 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 121

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 645 | 9119199, 4.84%, 11/22/2026 | 5/28/2025 | 631 | 599 |
| 14885 | 9119895, 5.15%, 11/22/2026 | 5/28/2025 | 14682 | 13599 |
| 4534 | 9120264, 6.23%, 11/22/2026 | 5/28/2025 | 4523 | 476 |
| 6170 | 9120332, 4.53%, 11/22/2026 | 5/28/2025 | 5999 | 6072 |
| 7315 | 9120489, 4.84%, 11/22/2026 | 5/28/2025 | 7188 | 6632 |
| 4637 | 9120759, 5.70%, 11/22/2026 | 5/28/2025 | 4571 | 4482 |
| 2234 | 9121559, 4.53%, 11/22/2026 | 5/28/2025 | 2197 | 1948 |
| 14552 | 9121673, 4.53%, 11/22/2026 | 5/28/2025 | 14371 | 2117 |
| 4336 | 9121818, 4.53%, 11/22/2026 | 5/28/2025 | 4220 | 4267 |
| 1389 | 9122699, 5.40%, 11/23/2026 | 5/29/2025 | 1367 | 1332 |
| 1290 | 9122961, 4.84%, 11/23/2026 | 5/29/2025 | 1260 | 1256 |
| 7090 | 9123095, 6.22%, 11/23/2026 | 5/29/2025 | 7004 | 6876 |
| 997 | 9123655, 5.69%, 11/23/2026 | 5/29/2025 | 980 | 969 |
| 5949 | 9124006, 5.15%, 11/23/2026 | 5/29/2025 | 5806 | 5844 |
| 1003 | 9124437, 6.25%, 11/23/2026<sup>(e)</sup> | 5/29/2025 | 1000 | 217 |
| 5001 | 9124526, 4.53%, 11/23/2026 | 5/29/2025 | 4838 | 4939 |
| 5050 | 9125446, 6.07%, 11/23/2026 | 5/29/2025 | 5046 | 2887 |
| 8311 | 9125596, 5.15%, 11/23/2026 | 5/29/2025 | 8017 | 8176 |
| 1688 | 9126008, 4.84%, 11/23/2026 | 5/29/2025 | 1631 | 1669 |
| 2501 | 9126180, 5.70%, 11/23/2026 | 5/29/2025 | 2368 | 2465 |
| 10184 | 9126588, 6.22%, 11/23/2026 | 5/29/2025 | 10148 | 2350 |
| 1856 | 9126784, 4.53%, 11/23/2026 | 5/29/2025 | 1796 | 1833 |
| 9749 | 9126879, 5.88%, 11/23/2026 | 5/29/2025 | 9695 | 7093 |
| 5387 | 9127183, 4.53%, 11/23/2026 | 5/29/2025 | 5276 | 5186 |
| 725 | 9127419, 5.89%, 11/24/2026 | 5/30/2025 | 711 | 703 |
| 2821 | 9128116, 4.53%, 11/24/2026 | 5/30/2025 | 2741 | 2779 |
| 1535 | 9128171, 4.84%, 11/24/2026 | 5/30/2025 | 1512 | 1338 |
| 2844 | 9128211, 6.06%, 11/24/2026<sup>(e)</sup> | 5/30/2025 | 2842 | 1361 |
| 628 | 9128296, 6.24%, 11/25/2026 | 5/30/2025 | 627 | 483 |
| 2185 | 9128310, 4.52%, 11/25/2026 | 5/30/2025 | 2127 | 2146 |
| 25278 | 9128397, 4.52%, 11/25/2026<sup>(e)</sup> | 5/30/2025 | 24922 | 21296 |
| 855 | 9128634, 4.51%, 11/25/2026 | 5/30/2025 | 832 | 841 |
| 1197 | 9128754, 4.54%, 11/25/2026 | 5/30/2025 | 1175 | 1149 |
| 2361 | 9128778, 4.52%, 11/25/2026 | 5/30/2025 | 2269 | 2337 |
| 2938 | 9128846, 5.13%, 11/25/2026 | 5/30/2025 | 2860 | 2898 |
| 7601 | 9128964, 4.52%, 11/25/2026 | 5/30/2025 | 7504 | 5099 |
| 1594 | 9129043, 4.82%, 11/26/2026 | 5/30/2025 | 1560 | 1559 |
| 2311 | 9129063, 6.21%, 11/26/2026 | 5/30/2025 | 2304 | 1044 |
| 8249 | 9129077, 4.51%, 11/26/2026 | 5/30/2025 | 8063 | 8037 |
| 15665 | 9129306, 4.51%, 11/26/2026 | 5/30/2025 | 15361 | 14913 |
| 3140 | 9129517, 4.52%, 11/26/2026 | 5/30/2025 | 3064 | 3076 |
| 5228 | 9129537, 4.82%, 11/26/2026 | 5/30/2025 | 5082 | 5101 |
| 4430 | 9129674, 5.13%, 11/26/2026 | 5/30/2025 | 4343 | 4314 |
| 1158 | 9129893, 4.53%, 11/26/2026 | 5/30/2025 | 1141 | 976 |
| 14520 | 9129900, 4.82%, 11/26/2026 | 5/30/2025 | 14114 | 14232 |
| 710 | 9131157, 5.12%, 11/27/2026 | 5/30/2025 | 694 | 695 |

---

*See Notes to Financial Statements.*

122 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1245 | 9131169, 5.36%, 11/27/2026 | 5/30/2025 | 1227 | 1132 |
| 5029 | 9131238, 4.50%, 11/27/2026 | 5/30/2025 | 4912 | 4917 |
| 152 | 9131930, 5.41%, 11/27/2026 | 5/30/2025 | 151 | 144 |
| 788 | 9131987, 5.14%, 11/27/2026 | 5/30/2025 | 777 | 706 |
| 1379 | 9132295, 5.87%, 11/27/2026 | 5/30/2025 | 1373 | 664 |
| 3557 | 9132682, 4.50%, 11/27/2026 | 5/30/2025 | 3418 | 3521 |
| 36775 | 9132888, 4.50%, 11/27/2026 | 5/30/2025 | 35808 | 35850 |
| 6616 | 9133931, 4.50%, 11/27/2026 | 5/30/2025 | 6407 | 6532 |
| 995 | 9134527, 4.71%, 11/27/2026<sup>(e)</sup> | 5/30/2025 | 994 | 572 |
| 3697 | 9134569, 4.51%, 11/27/2026 | 5/30/2025 | 3596 | 3616 |
| 3571 | 9134710, 6.03%, 11/27/2026 | 5/30/2025 | 3567 | 3099 |
| 3223 | 9135205, 4.50%, 11/27/2026 | 5/30/2025 | 3146 | 3152 |
| 16418 | 9135332, 5.12%, 11/27/2026 | 5/30/2025 | 16223 | 10504 |
| 2266 | 9136371, 4.50%, 11/28/2026 | 6/2/2025 | 2173 | 2229 |
| 7616 | 9136725, 4.81%, 11/28/2026 | 6/2/2025 | 7528 | 5878 |
| 5699 | 9136919, 4.50%, 11/28/2026 | 6/2/2025 | 5537 | 5615 |
| 542 | 9137261, 4.81%, 11/28/2026 | 6/2/2025 | 529 | 524 |
| 1851 | 9137507, 6.18%, 11/28/2026 | 6/2/2025 | 1838 | 1732 |
| 4975 | 9137586, 4.50%, 11/28/2026 | 6/2/2025 | 4906 | 4289 |
| 1110 | 9137706, 5.67%, 11/28/2026 | 6/2/2025 | 1099 | 900 |
| 9361 | 9137719, 5.36%, 11/28/2026 | 6/2/2025 | 9169 | 9006 |
| 7624 | 9138001, 4.50%, 11/28/2026 | 6/2/2025 | 7410 | 7452 |
| 805 | 9138728, 5.42%, 11/28/2026 | 6/2/2025 | 805 | 263 |
| 3734 | 9138788, 4.50%, 11/28/2026 | 6/2/2025 | 3674 | 3268 |
| 14025 | 9138943, 4.50%, 11/28/2026 | 6/2/2025 | 13740 | 13398 |
| 16046 | 9139106, 4.50%, 11/28/2026 | 6/2/2025 | 15730 | 15398 |
| 1282 | 9139729, 4.51%, 11/28/2026 | 6/2/2025 | 1244 | 1265 |
| 1901 | 9139746, 6.19%, 11/28/2026 | 6/2/2025 | 1897 | 794 |
| 102 | 9139792, 4.70%, 11/28/2026 | 6/2/2025 | 98 | 89 |
| 479 | 9139803, 6.18%, 11/28/2026 | 6/2/2025 | 475 | 428 |
| 9658 | 9139805, 5.12%, 11/28/2026 | 6/2/2025 | 9473 | 9296 |
| 5613 | 9139972, 4.50%, 11/28/2026 | 6/2/2025 | 5510 | 5218 |
| 1189 | 9140112, 4.50%, 11/28/2026 | 6/2/2025 | 1154 | 1171 |
| 16428 | 9140139, 4.50%, 11/28/2026 | 6/2/2025 | 15984 | 16168 |
| 22006 | 9143683, 4.83%, 11/29/2026 | 6/3/2025 | 21675 | 19241 |
| 3513 | 9144089, 4.52%, 11/29/2026 | 6/3/2025 | 3420 | 3441 |
| 3818 | 9144261, 4.52%, 11/29/2026 | 6/3/2025 | 3702 | 3769 |
| 2378 | 9144396, 4.83%, 11/29/2026 | 6/3/2025 | 2300 | 2341 |
| 11793 | 9144503, 4.83%, 11/29/2026 | 6/3/2025 | 11409 | 11656 |
| 3751 | 9146019, 4.52%, 11/29/2026 | 6/3/2025 | 3639 | 3688 |
| 5707 | 9146214, 4.83%, 11/29/2026 | 6/3/2025 | 5536 | 5632 |
| 10664 | 9146340, 4.52%, 11/29/2026 | 6/3/2025 | 10464 | 9425 |
| 3847 | 9146491, 4.83%, 11/29/2026 | 6/3/2025 | 3658 | 3781 |
| 1791 | 9146835, 5.39%, 11/29/2026 | 6/3/2025 | 1758 | 1594 |
| 5572 | 9146871, 5.87%, 11/29/2026 | 6/3/2025 | 5525 | 4831 |
| 3461 | 9146942, 4.83%, 11/29/2026 | 6/3/2025 | 3390 | 3378 |
| 2242 | 9147225, 6.21%, 11/29/2026 | 6/3/2025 | 2218 | 2196 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 123

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 43570 | 9147322, 4.83%, 11/29/2026 | 6/3/2025 | 42963 | 38528 |
| 6381 | 9147868, 5.14%, 11/29/2026 | 6/3/2025 | 6215 | 6220 |
| 7396 | 9148370, 4.52%, 11/29/2026 | 6/3/2025 | 7220 | 7204 |
| 1360 | 9148535, 4.73%, 11/29/2026 | 6/3/2025 | 1360 | 651 |
| 2853 | 9148547, 6.21%, 11/29/2026 | 6/3/2025 | 2815 | 2766 |
| 5510 | 9149206, 4.52%, 11/30/2026 | 6/4/2025 | 5356 | 5419 |
| 1025 | 9149428, 4.52%, 11/30/2026 | 6/4/2025 | 996 | 1006 |
| 889 | 9149495, 4.52%, 11/30/2026 | 6/4/2025 | 866 | 870 |
| 623 | 9149544, 6.21%, 11/30/2026 | 6/4/2025 | 619 | 588 |
| 5424 | 9149889, 4.52%, 11/30/2026 | 6/4/2025 | 5315 | 5211 |
| 7607 | 9150051, 4.52%, 11/30/2026 | 6/4/2025 | 7421 | 7434 |
| 9413 | 9150367, 4.52%, 11/30/2026 | 6/4/2025 | 9179 | 9199 |
| 977 | 9150608, 4.83%, 11/30/2026 | 6/4/2025 | 950 | 964 |
| 1703 | 9150659, 5.69%, 11/30/2026 | 6/4/2025 | 1680 | 1622 |
| 1465 | 9150710, 4.74%, 11/30/2026 | 6/4/2025 | 1464 | 892 |
| 7869 | 9150733, 5.14%, 11/30/2026 | 6/4/2025 | 7689 | 7603 |
| 5432 | 9151084, 4.52%, 11/30/2026 | 6/4/2025 | 5307 | 5221 |
| 937 | 9151291, 4.52%, 11/30/2026 | 6/4/2025 | 913 | 920 |
| 1616 | 9151319, 5.38%, 11/30/2026 | 6/4/2025 | 1586 | 1584 |
| 38881 | 9151349, 4.52%, 11/30/2026 | 6/4/2025 | 37710 | 38186 |
| 8658 | 9152473, 4.52%, 11/30/2026 | 6/4/2025 | 8350 | 8556 |
| 6343 | 9152701, 4.83%, 11/30/2026 | 6/4/2025 | 6181 | 6243 |
| 23877 | 9153213, 6.06%, 11/30/2026 | 6/4/2025 | 23865 | 7867 |
| 4766 | 9153368, 4.83%, 11/30/2026 | 6/4/2025 | 4646 | 4670 |
| 5851 | 9154604, 5.40%, 11/30/2026 | 6/5/2025 | 5785 | 5089 |
| 2465 | 9154663, 5.39%, 11/30/2026 | 6/5/2025 | 2424 | 2360 |
| 6142 | 9154690, 4.84%, 11/30/2026 | 6/5/2025 | 6063 | 4315 |
| 3431 | 9154754, 4.53%, 11/30/2026 | 6/5/2025 | 3318 | 3385 |
| 11691 | 9154836, 4.53%, 11/30/2026 | 6/5/2025 | 11442 | 11350 |
| 347 | 9155125, 6.22%, 11/30/2026 | 6/5/2025 | 345 | 324 |
| 1709 | 9155192, 4.53%, 11/30/2026 | 6/5/2025 | 1652 | 1687 |
| 614 | 9155236, 4.84%, 11/30/2026 | 6/5/2025 | 596 | 599 |
| 2575 | 9155281, 5.39%, 11/30/2026 | 6/5/2025 | 2529 | 2437 |
| 2561 | 9155394, 4.53%, 12/1/2026 | 6/5/2025 | 2501 | 2489 |
| 2542 | 9155424, 4.52%, 12/1/2026 | 6/5/2025 | 2462 | 2503 |
| 833 | 9155476, 4.83%, 12/1/2026 | 6/5/2025 | 810 | 813 |
| 2315 | 9155487, 4.83%, 12/1/2026 | 6/5/2025 | 2268 | 2178 |
| 854 | 9155506, 5.87%, 12/1/2026 | 6/5/2025 | 832 | 819 |
| 7396 | 9155600, 4.52%, 12/1/2026 | 6/5/2025 | 7228 | 7184 |
| 1008 | 9155722, 6.21%, 12/1/2026 | 6/5/2025 | 1005 | 833 |
| 1561 | 9155759, 6.21%, 12/1/2026 | 6/5/2025 | 1557 | 1235 |
| 1761 | 9155773, 4.53%, 12/1/2026 | 6/5/2025 | 1727 | 1540 |
| 3322 | 9155980, 4.52%, 12/1/2026 | 6/5/2025 | 3219 | 3276 |
| 560 | 9156037, 6.18%, 12/1/2026 | 6/5/2025 | 559 | 380 |
| 3980 | 9156058, 6.21%, 12/1/2026 | 6/5/2025 | 3916 | 3819 |
| 1873 | 9156176, 5.14%, 12/1/2026 | 6/5/2025 | 1747 | 1859 |

---

*See Notes to Financial Statements.*

124 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2462 | 9156242, 4.95%, 12/1/2026 | 6/5/2025 | 2397 | 2428 |
| 2368 | 9157032, 4.82%, 12/2/2026 | 6/5/2025 | 2326 | 2154 |
| 2810 | 9157107, 5.12%, 12/2/2026 | 6/5/2025 | 2773 | 2429 |
| 925 | 9157269, 6.04%, 12/2/2026 | 6/5/2025 | 924 | 399 |
| 7980 | 9157535, 4.51%, 12/2/2026 | 6/5/2025 | 7760 | 7790 |
| 5632 | 9157768, 4.51%, 12/2/2026 | 6/5/2025 | 5463 | 5546 |
| 1466 | 9157967, 6.20%, 12/2/2026 | 6/5/2025 | 1460 | 1334 |
| 921 | 9158010, 6.22%, 12/2/2026<sup>(e)</sup> | 6/5/2025 | 916 | 12 |
| 1845 | 9158026, 5.86%, 12/2/2026 | 6/5/2025 | 1823 | 1740 |
| 6484 | 9159174, 4.51%, 12/2/2026 | 6/5/2025 | 6285 | 6385 |
| 26108 | 9159298, 4.51%, 12/2/2026 | 6/5/2025 | 25533 | 25328 |
| 4488 | 9159786, 4.52%, 12/2/2026 | 6/5/2025 | 4392 | 4254 |
| 2593 | 9160012, 4.82%, 12/2/2026 | 6/5/2025 | 2528 | 2519 |
| 2335 | 9160056, 5.86%, 12/2/2026 | 6/5/2025 | 2315 | 2113 |
| 3048 | 9160579, 6.20%, 12/2/2026 | 6/5/2025 | 3040 | 2867 |
| 32483 | 9160633, 4.82%, 12/2/2026 | 6/5/2025 | 31904 | 30528 |
| 3298 | 9161232, 6.20%, 12/2/2026 | 6/5/2025 | 3291 | 1836 |
| 3260 | 9161261, 4.51%, 12/2/2026 | 6/5/2025 | 3181 | 3169 |
| 10752 | 9161338, 4.82%, 12/2/2026 | 6/5/2025 | 10440 | 10567 |
| 877 | 9161894, 6.21%, 12/3/2026 | 6/6/2025 | 871 | 796 |
| 420 | 9161930, 6.18%, 12/3/2026 | 6/6/2025 | 415 | 391 |
| 6295 | 9162000, 4.82%, 12/3/2026 | 6/6/2025 | 6154 | 6073 |
| 1262 | 9162172, 6.20%, 12/3/2026 | 6/6/2025 | 1256 | 1005 |
| 2702 | 9162444, 6.19%, 12/3/2026 | 6/6/2025 | 2695 | 1598 |
| 1459 | 9162978, 6.20%, 12/3/2026 | 6/6/2025 | 1441 | 1398 |
| 3541 | 9163052, 4.51%, 12/3/2026 | 6/6/2025 | 3442 | 3452 |
| 632 | 9163711, 5.41%, 12/3/2026 | 6/6/2025 | 631 | 462 |
| 4206 | 9163722, 4.51%, 12/3/2026 | 6/6/2025 | 4043 | 4158 |
| 1949 | 9163965, 6.19%, 12/3/2026 | 6/6/2025 | 1945 | 1051 |
| 904 | 9163990, 5.86%, 12/3/2026 | 6/6/2025 | 891 | 856 |
| 24793 | 9164182, 5.86%, 12/3/2026 | 6/6/2025 | 24518 | 23346 |
| 17508 | 9164601, 5.86%, 12/3/2026 | 6/6/2025 | 17328 | 14020 |
| 2837 | 9165146, 5.12%, 12/3/2026 | 6/6/2025 | 2801 | 918 |
| 923 | 9165188, 4.51%, 12/3/2026 | 6/6/2025 | 884 | 914 |
| 1387 | 9165206, 4.50%, 12/3/2026 | 6/6/2025 | 1350 | 1358 |
| 8820 | 9165240, 4.82%, 12/3/2026 | 6/6/2025 | 8450 | 8724 |
| 7862 | 9165455, 4.51%, 12/3/2026 | 6/6/2025 | 7634 | 7720 |
| 6973 | 9165765, 4.51%, 12/3/2026 | 6/6/2025 | 6764 | 6857 |
| 1187 | 9165918, 4.82%, 12/3/2026 | 6/6/2025 | 1154 | 1156 |
| 14891 | 9166003, 4.51%, 12/3/2026 | 6/6/2025 | 14493 | 14491 |
| 6764 | 9166926, 4.51%, 12/4/2026 | 6/9/2025 | 6560 | 6658 |
| 7481 | 9167334, 4.51%, 12/4/2026 | 6/9/2025 | 7291 | 7280 |
| 1863 | 9167580, 4.82%, 12/4/2026 | 6/9/2025 | 1805 | 1837 |
| 1542 | 9168244, 5.12%, 12/4/2026 | 6/9/2025 | 1477 | 1519 |
| 1723 | 9168327, 4.51%, 12/4/2026 | 6/9/2025 | 1691 | 1672 |
| 8575 | 9168610, 4.51%, 12/4/2026 | 6/9/2025 | 8305 | 8441 |
| 1283 | 9168856, 4.81%, 12/4/2026 | 6/9/2025 | 1256 | 1232 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 125

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 18760 | 9168933, 4.51%, 12/4/2026 | 6/9/2025 | 18397 | 17159 |
| 2492 | 9169336, 4.51%, 12/4/2026 | 6/9/2025 | 2421 | 2451 |
| 1912 | 9169361, 4.52%, 12/4/2026 | 6/9/2025 | 1856 | 1827 |
| 5503 | 9169555, 4.51%, 12/4/2026 | 6/9/2025 | 5381 | 5288 |
| 1634 | 9169618, 4.50%, 12/4/2026 | 6/9/2025 | 1588 | 1606 |
| 1942 | 9169678, 4.52%, 12/4/2026 | 6/9/2025 | 1875 | 1913 |
| 335 | 9169725, 6.20%, 12/4/2026 | 6/9/2025 | 327 | 318 |
| 1028 | 9169742, 5.14%, 12/4/2026 | 6/9/2025 | 1002 | 1001 |
| 5562 | 9169765, 4.51%, 12/4/2026 | 6/9/2025 | 5406 | 5449 |
| 363 | 9169863, 5.92%, 12/4/2026 | 6/9/2025 | 360 | 264 |
| 3426 | 9169868, 5.13%, 12/4/2026 | 6/9/2025 | 3313 | 3111 |
| 11088 | 9169980, 4.82%, 12/4/2026 | 6/9/2025 | 10758 | 10856 |
| 20519 | 9170256, 5.86%, 12/4/2026 | 6/9/2025 | 20254 | 19603 |
| 1527 | 9170668, 6.19%, 12/4/2026 | 6/9/2025 | 1508 | 1467 |
| 8240 | 9170723, 4.82%, 12/4/2026 | 6/9/2025 | 8015 | 7969 |
| 12965 | 9170943, 4.51%, 12/4/2026 | 6/9/2025 | 12236 | 12842 |
| 3200 | 9173892, 4.53%, 12/5/2026 | 6/10/2025 | 3109 | 3118 |
| 25268 | 9173982, 4.84%, 12/5/2026 | 6/10/2025 | 24377 | 24949 |
| 11942 | 9175161, 4.84%, 12/5/2026 | 6/10/2025 | 11703 | 11415 |
| 2385 | 9175484, 4.83%, 12/5/2026 | 6/10/2025 | 2334 | 2267 |
| 1846 | 9175646, 5.15%, 12/5/2026 | 6/10/2025 | 1811 | 1768 |
| 7679 | 9175741, 4.53%, 12/5/2026 | 6/10/2025 | 7495 | 7462 |
| 7121 | 9175939, 4.84%, 12/5/2026 | 6/10/2025 | 6920 | 6980 |
| 1795 | 9176277, 5.15%, 12/5/2026 | 6/10/2025 | 1730 | 1775 |
| 5868 | 9176312, 4.53%, 12/5/2026 | 6/10/2025 | 5710 | 5747 |
| 612 | 9177054, 6.44%, 12/5/2026 | 6/10/2025 | 607 | 566 |
| 43389 | 9177078, 4.53%, 12/5/2026 | 6/10/2025 | 42031 | 42415 |
| 6285 | 9177985, 4.53%, 12/5/2026 | 6/10/2025 | 6061 | 6129 |
| 3298 | 9178259, 5.39%, 12/5/2026 | 6/10/2025 | 3083 | 3225 |
| 8622 | 9178503, 4.53%, 12/5/2026 | 6/10/2025 | 8442 | 8050 |
| 6895 | 9178586, 4.53%, 12/5/2026 | 6/10/2025 | 6710 | 6753 |
| 4817 | 9178627, 4.53%, 12/5/2026 | 6/10/2025 | 4721 | 4241 |
| 15897 | 9178641, 5.88%, 12/5/2026 | 6/11/2025 | 15608 | 15105 |
| 500 | 9179077, 6.07%, 12/6/2026 | 6/11/2025 | 498 | 483 |
| 2746 | 9179686, 4.53%, 12/6/2026 | 6/11/2025 | 2652 | 2709 |
| 1923 | 9179934, 5.14%, 12/6/2026 | 6/11/2025 | 1886 | 1761 |
| 1147 | 9180189, 4.84%, 12/6/2026 | 6/11/2025 | 1106 | 1134 |
| 11070 | 9180241, 4.53%, 12/6/2026 | 6/11/2025 | 10772 | 10825 |
| 1314 | 9180525, 4.84%, 12/6/2026 | 6/11/2025 | 1285 | 1259 |
| 3887 | 9180551, 4.53%, 12/6/2026 | 6/11/2025 | 3792 | 3795 |
| 1737 | 9180656, 4.52%, 12/6/2026 | 6/11/2025 | 1692 | 1675 |
| 5738 | 9180702, 4.53%, 12/6/2026 | 6/11/2025 | 5535 | 5660 |
| 4068 | 9181067, 4.53%, 12/6/2026 | 6/11/2025 | 3932 | 4009 |
| 2208 | 9181214, 4.84%, 12/6/2026 | 6/11/2025 | 2138 | 2172 |
| 3497 | 9181311, 4.53%, 12/6/2026 | 6/11/2025 | 3389 | 3442 |
| 1253 | 9181416, 5.15%, 12/6/2026 | 6/11/2025 | 1221 | 1215 |

---

*See Notes to Financial Statements.*

126 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4403 | 9181574, 5.88%, 12/6/2026 | 6/11/2025 | 4362 | 3679 |
| 1516 | 9181643, 5.42%, 12/6/2026 | 6/11/2025 | 1513 | 1456 |
| 34885 | 9181833, 5.15%, 12/6/2026 | 6/11/2025 | 34228 | 33368 |
| 24794 | 9182559, 4.53%, 12/6/2026 | 6/11/2025 | 24192 | 23624 |
| 3328 | 9182906, 4.53%, 12/6/2026 | 6/11/2025 | 3219 | 3279 |
| 3907 | 9183007, 4.84%, 12/6/2026 | 6/11/2025 | 3825 | 3739 |
| 2094 | 9183122, 6.22%, 12/6/2026 | 6/11/2025 | 2065 | 2068 |
| 1401 | 9183177, 5.70%, 12/7/2026 | 6/12/2025 | 1368 | 1352 |
| 1715 | 9183218, 6.22%, 12/7/2026 | 6/12/2025 | 1687 | 1591 |
| 151 | 9183264, 6.07%, 12/7/2026 | 6/12/2025 | 150 | 146 |
| 520 | 9183271, 5.70%, 12/7/2026 | 6/12/2025 | 508 | 504 |
| 8918 | 9183457, 5.39%, 12/7/2026 | 6/12/2025 | 8651 | 8754 |
| 11006 | 9183656, 5.39%, 12/7/2026 | 6/12/2025 | 10807 | 10387 |
| 2215 | 9183843, 4.53%, 12/7/2026 | 6/12/2025 | 2139 | 2182 |
| 769 | 9183878, 5.87%, 12/7/2026 | 6/12/2025 | 759 | 735 |
| 14639 | 9183932, 4.53%, 12/7/2026 | 6/12/2025 | 14322 | 13442 |
| 117 | 9184077, 6.09%, 12/7/2026 | 6/12/2025 | 117 | 113 |
| 9113 | 9184085, 4.53%, 12/7/2026 | 6/12/2025 | 8880 | 8789 |
| 247 | 9184225, 6.06%, 12/8/2026 | 6/12/2025 | 247 | 240 |
| 208 | 9184276, 5.44%, 12/8/2026 | 6/12/2025 | 208 | 182 |
| 2380 | 9184285, 4.52%, 12/8/2026 | 6/12/2025 | 2294 | 2349 |
| 6210 | 9184436, 5.38%, 12/8/2026 | 6/12/2025 | 6119 | 5276 |
| 311 | 9184504, 5.88%, 12/8/2026 | 6/12/2025 | 302 | 302 |
| 10616 | 9184537, 4.52%, 12/8/2026 | 6/12/2025 | 10354 | 10325 |
| 2575 | 9184654, 5.69%, 12/8/2026 | 6/12/2025 | 2546 | 1941 |
| 1173 | 9184679, 5.86%, 12/8/2026 | 6/12/2025 | 1164 | 800 |
| 12650 | 9184685, 4.52%, 12/8/2026 | 6/12/2025 | 12390 | 12121 |
| 449 | 9184809, 4.52%, 12/8/2026 | 6/12/2025 | 436 | 442 |
| 1893 | 9184820, 4.51%, 12/8/2026 | 6/12/2025 | 1852 | 1818 |
| 16575 | 9184857, 5.38%, 12/8/2026 | 6/12/2025 | 16388 | 12295 |
| 9034 | 9185585, 4.82%, 12/9/2026 | 6/12/2025 | 8744 | 8885 |
| 5630 | 9186498, 4.51%, 12/9/2026 | 6/12/2025 | 5473 | 5515 |
| 3897 | 9186640, 5.86%, 12/9/2026 | 6/12/2025 | 3844 | 3698 |
| 1838 | 9186720, 4.51%, 12/9/2026 | 6/12/2025 | 1770 | 1814 |
| 1311 | 9186749, 6.04%, 12/9/2026<sup>(e)</sup> | 6/12/2025 | 1310 | 36 |
| 2387 | 9186766, 4.82%, 12/9/2026 | 6/12/2025 | 2327 | 2259 |
| 902 | 9186794, 5.86%, 12/9/2026 | 6/12/2025 | 860 | 887 |
| 1395 | 9186988, 4.51%, 12/9/2026 | 6/12/2025 | 1343 | 1379 |
| 2348 | 9187023, 6.19%, 12/9/2026<sup>(e)</sup> | 6/12/2025 | 2337 | 41 |
| 2819 | 9187678, 6.20%, 12/9/2026 | 6/12/2025 | 2799 | 2351 |
| 1679 | 9188223, 5.13%, 12/9/2026 | 6/12/2025 | 1650 | 1524 |
| 601 | 9188235, 4.72%, 12/9/2026 | 6/12/2025 | 600 | 468 |
| 3285 | 9188263, 6.20%, 12/9/2026 | 6/12/2025 | 3253 | 3178 |
| 12654 | 9188648, 5.13%, 12/9/2026 | 6/12/2025 | 12444 | 11124 |
| 23886 | 9188819, 4.51%, 12/9/2026 | 6/12/2025 | 23043 | 23569 |
| 4716 | 9189396, 5.37%, 12/9/2026<sup>(e)</sup> | 6/12/2025 | 4659 | 1122 |
| 6467 | 9189443, 4.51%, 12/9/2026 | 6/12/2025 | 6288 | 6326 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 127

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4810 | 9190650, 4.82%, 12/10/2026 | 6/13/2025 | 4689 | 4645 |
| 3626 | 9190720, 4.82%, 12/10/2026 | 6/13/2025 | 3534 | 3535 |
| 1044 | 9190867, 6.19%, 12/10/2026 | 6/13/2025 | 1027 | 1018 |
| 559 | 9190902, 6.20%, 12/10/2026 | 6/13/2025 | 555 | 510 |
| 16536 | 9190910, 4.51%, 12/10/2026 | 6/13/2025 | 16000 | 16288 |
| 1206 | 9192243, 4.52%, 12/10/2026 | 6/13/2025 | 1171 | 1183 |
| 951 | 9192308, 6.20%, 12/10/2026 | 6/13/2025 | 929 | 925 |
| 2585 | 9192344, 4.51%, 12/10/2026 | 6/13/2025 | 2497 | 2547 |
| 96 | 9192414, 6.20%, 12/10/2026 | 6/13/2025 | 86 | 95 |
| 2393 | 9192463, 4.51%, 12/10/2026 | 6/13/2025 | 2327 | 2344 |
| 18309 | 9192559, 4.51%, 12/10/2026 | 6/13/2025 | 17694 | 17984 |
| 1305 | 9193097, 5.13%, 12/10/2026 | 6/13/2025 | 1279 | 1246 |
| 12267 | 9193136, 4.51%, 12/10/2026 | 6/13/2025 | 11984 | 11634 |
| 1391 | 9193299, 5.37%, 12/10/2026 | 6/13/2025 | 1354 | 1361 |
| 1248 | 9193369, 5.36%, 12/10/2026 | 6/13/2025 | 1232 | 918 |
| 3244 | 9193376, 4.51%, 12/10/2026 | 6/13/2025 | 3000 | 3209 |
| 4933 | 9193544, 4.51%, 12/10/2026 | 6/13/2025 | 4776 | 4858 |
| 1170 | 9193619, 6.20%, 12/10/2026 | 6/13/2025 | 1149 | 1140 |
| 2539 | 9193670, 4.51%, 12/10/2026 | 6/13/2025 | 2370 | 2529 |
| 4468 | 9193814, 5.86%, 12/10/2026 | 6/13/2025 | 4356 | 4168 |
| 26532 | 9193956, 6.20%, 12/10/2026<sup>(e)</sup> | 6/13/2025 | 26404 | 3314 |
| 38551 | 9194079, 4.51%, 12/10/2026 | 6/13/2025 | 37783 | 35811 |
| 2464 | 9194824, 6.04%, 12/10/2026 | 6/13/2025 | 2461 | 2107 |
| 3336 | 9194889, 4.51%, 12/10/2026 | 6/13/2025 | 3248 | 3259 |
| 5825 | 9195163, 4.52%, 12/11/2026<sup>(e)</sup> | 6/16/2025 | 5711 | 2520 |
| 7648 | 9195341, 4.82%, 12/11/2026 | 6/16/2025 | 7542 | 5839 |
| 1440 | 9195784, 4.50%, 12/11/2026 | 6/16/2025 | 1381 | 1422 |
| 4077 | 9196554, 4.51%, 12/11/2026 | 6/16/2025 | 3977 | 3929 |
| 1407 | 9196683, 6.20%, 12/11/2026 | 6/16/2025 | 1398 | 1055 |
| 575 | 9196756, 5.85%, 12/11/2026 | 6/16/2025 | 562 | 530 |
| 3799 | 9196785, 4.51%, 12/11/2026 | 6/16/2025 | 3685 | 3734 |
| 4139 | 9196936, 5.86%, 12/11/2026 | 6/16/2025 | 4058 | 4001 |
| 614 | 9198094, 5.39%, 12/11/2026 | 6/16/2025 | 600 | 595 |
| 3951 | 9198352, 4.51%, 12/11/2026 | 6/16/2025 | 3819 | 3890 |
| 14562 | 9198571, 5.86%, 12/11/2026 | 6/16/2025 | 14397 | 12756 |
| 2078 | 9198832, 6.21%, 12/11/2026 | 6/16/2025 | 2066 | 220 |
| 7324 | 9198888, 4.51%, 12/11/2026 | 6/16/2025 | 7144 | 7116 |
| 640 | 9199032, 5.87%, 12/11/2026 | 6/16/2025 | 629 | 543 |
| 1695 | 9199107, 5.68%, 12/11/2026 | 6/16/2025 | 1675 | 1402 |
| 7137 | 9199117, 5.86%, 12/11/2026 | 6/16/2025 | 7063 | 6257 |
| 15406 | 9199792, 4.82%, 12/11/2026 | 6/16/2025 | 14658 | 15228 |
| 5896 | 9203045, 5.88%, 12/12/2026 | 6/17/2025 | 5833 | 5148 |
| 7361 | 9203121, 4.53%, 12/12/2026 | 6/17/2025 | 7162 | 7187 |
| 8499 | 9203654, 5.39%, 12/12/2026 | 6/17/2025 | 8349 | 8074 |
| 2225 | 9203964, 4.53%, 12/12/2026 | 6/17/2025 | 2142 | 2196 |
| 15684 | 9204236, 4.53%, 12/12/2026 | 6/17/2025 | 15394 | 13651 |

---

*See Notes to Financial Statements.*

128 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 24202 | 9204862, 4.53%, 12/12/2026 | 6/17/2025 | 23580 | 23523 |
| 3655 | 9205217, 5.15%, 12/12/2026 | 6/17/2025 | 3576 | 3534 |
| 4248 | 9205268, 4.53%, 12/12/2026 | 6/17/2025 | 4142 | 4143 |
| 2649 | 9205293, 4.84%, 12/12/2026 | 6/17/2025 | 2610 | 1779 |
| 5592 | 9205334, 4.53%, 12/12/2026 | 6/17/2025 | 5470 | 5106 |
| 9785 | 9205408, 4.84%, 12/12/2026 | 6/17/2025 | 9571 | 9380 |
| 36390 | 9206961, 5.15%, 12/12/2026 | 6/17/2025 | 35355 | 35529 |
| 3413 | 9207522, 5.39%, 12/12/2026 | 6/17/2025 | 3370 | 2385 |
| 4273 | 9207569, 4.53%, 12/12/2026 | 6/17/2025 | 4139 | 4202 |
| 1873 | 9207652, 5.15%, 12/12/2026 | 6/17/2025 | 1836 | 1753 |
| 2667 | 9207978, 5.88%, 12/13/2026 | 6/18/2025 | 2619 | 2496 |
| 4434 | 9208222, 4.53%, 12/13/2026 | 6/18/2025 | 4315 | 4328 |
| 2355 | 9208486, 4.52%, 12/13/2026 | 6/18/2025 | 2307 | 2074 |
| 1544 | 9208568, 4.53%, 12/13/2026 | 6/18/2025 | 1485 | 1524 |
| 1705 | 9208613, 4.52%, 12/13/2026 | 6/18/2025 | 1657 | 1666 |
| 1509 | 9208652, 5.90%, 12/13/2026 | 6/18/2025 | 1496 | 878 |
| 2428 | 9208669, 4.53%, 12/13/2026 | 6/18/2025 | 2357 | 2380 |
| 4962 | 9208815, 5.39%, 12/13/2026 | 6/18/2025 | 4877 | 4623 |
| 483 | 9208921, 5.45%, 12/13/2026 | 6/18/2025 | 482 | 369 |
| 13801 | 9208934, 5.88%, 12/13/2026 | 6/18/2025 | 13654 | 11042 |
| 2988 | 9209395, 4.53%, 12/13/2026 | 6/18/2025 | 2905 | 2882 |
| 1684 | 9209603, 5.88%, 12/13/2026 | 6/18/2025 | 1661 | 1572 |
| 1884 | 9209629, 4.53%, 12/13/2026 | 6/18/2025 | 1808 | 1860 |
| 4734 | 9209718, 4.53%, 12/13/2026 | 6/18/2025 | 4564 | 4667 |
| 10981 | 9209872, 4.53%, 12/13/2026 | 6/18/2025 | 10768 | 9632 |
| 6238 | 9210013, 5.88%, 12/13/2026 | 6/18/2025 | 6180 | 4775 |
| 3607 | 9210201, 5.15%, 12/13/2026 | 6/18/2025 | 3501 | 3525 |
| 1782 | 9210323, 4.54%, 12/13/2026 | 6/18/2025 | 1745 | 1587 |
| 5083 | 9210423, 4.53%, 12/13/2026 | 6/18/2025 | 4917 | 5000 |
| 20995 | 9210590, 4.53%, 12/13/2026 | 6/18/2025 | 20492 | 20199 |
| 6324 | 9211013, 4.84%, 12/13/2026 | 6/18/2025 | 6121 | 6220 |
| 1032 | 9211144, 4.54%, 12/13/2026 | 6/18/2025 | 1000 | 1014 |
| 2649 | 9211174, 4.84%, 12/13/2026 | 6/18/2025 | 2593 | 2504 |
| 54830 | 9211442, 4.84%, 12/13/2026 | 6/18/2025 | 53642 | 50895 |
| 967 | 9212393, 5.71%, 12/13/2026 | 6/18/2025 | 947 | 927 |
| 2446 | 9212664, 6.22%, 12/14/2026 | 6/20/2025 | 2428 | 2366 |
| 1423 | 9212752, 4.53%, 12/14/2026 | 6/20/2025 | 1375 | 1402 |
| 3404 | 9212776, 4.53%, 12/14/2026 | 6/20/2025 | 3293 | 3348 |
| 6091 | 9212801, 4.53%, 12/14/2026 | 6/20/2025 | 5850 | 6016 |
| 1225 | 9212967, 6.22%, 12/14/2026 | 6/20/2025 | 1205 | 1166 |
| 12139 | 9212988, 4.53%, 12/14/2026 | 6/20/2025 | 11831 | 11779 |
| 5465 | 9213147, 5.15%, 12/14/2026 | 6/20/2025 | 5295 | 5327 |
| 854 | 9213261, 6.07%, 12/14/2026 | 6/20/2025 | 853 | 763 |
| 2100 | 9213276, 5.88%, 12/14/2026<sup>(e)</sup> | 6/20/2025 | 2081 | 1100 |
| 1557 | 9213299, 6.22%, 12/14/2026 | 6/20/2025 | 1537 | 1465 |
| 2534 | 9213524, 4.53%, 12/14/2026 | 6/20/2025 | 2431 | 2503 |
| 1093 | 9213580, 5.88%, 12/15/2026 | 6/20/2025 | 1080 | 961 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 129

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1939 | 9213592, 4.83%, 12/15/2026 | 6/20/2025 | 1851 | 1884 |
| 2049 | 9213623, 5.39%, 12/15/2026 | 6/20/2025 | 2020 | 1441 |
| 2044 | 9213699, 5.88%, 12/15/2026 | 6/20/2025 | 2027 | 1141 |
| 9964 | 9213708, 5.69%, 12/15/2026<sup>(e)</sup> | 6/20/2025 | 9883 | 113 |
| 14978 | 9213785, 4.52%, 12/15/2026 | 6/20/2025 | 14585 | 14602 |
| 7315 | 9213999, 4.52%, 12/15/2026 | 6/20/2025 | 7040 | 7212 |
| 1354 | 9214115, 4.52%, 12/15/2026 | 6/20/2025 | 1301 | 1335 |
| 3692 | 9214149, 4.52%, 12/15/2026 | 6/20/2025 | 3598 | 3587 |
| 5954 | 9214280, 4.83%, 12/15/2026 | 6/20/2025 | 5850 | 4673 |
| 2457 | 9214331, 5.87%, 12/15/2026 | 6/20/2025 | 2405 | 2381 |
| 2038 | 9214370, 4.83%, 12/15/2026 | 6/20/2025 | 1986 | 1980 |
| 1160 | 9214401, 4.52%, 12/15/2026 | 6/20/2025 | 1119 | 1142 |
| 2208 | 9215433, 5.36%, 12/16/2026 | 6/20/2025 | 2172 | 1924 |
| 1447 | 9215461, 5.13%, 12/16/2026 | 6/20/2025 | 1411 | 1403 |
| 2344 | 9215474, 5.12%, 12/16/2026 | 6/20/2025 | 2281 | 2277 |
| 12763 | 9215537, 4.51%, 12/16/2026 | 6/20/2025 | 12316 | 12554 |
| 5389 | 9216200, 5.68%, 12/16/2026 | 6/20/2025 | 5246 | 5219 |
| 8410 | 9216440, 4.82%, 12/16/2026 | 6/20/2025 | 8121 | 8269 |
| 17082 | 9216612, 5.68%, 12/16/2026 | 6/20/2025 | 16669 | 16538 |
| 5113 | 9217064, 4.51%, 12/16/2026 | 6/20/2025 | 4945 | 5027 |
| 1981 | 9217207, 5.86%, 12/16/2026 | 6/20/2025 | 1946 | 1909 |
| 1374 | 9217280, 4.51%, 12/16/2026 | 6/20/2025 | 1339 | 1331 |
| 6935 | 9217523, 5.13%, 12/16/2026 | 6/20/2025 | 6820 | 6252 |
| 1460 | 9217686, 4.81%, 12/16/2026 | 6/20/2025 | 1420 | 1422 |
| 3508 | 9217724, 4.52%, 12/16/2026 | 6/20/2025 | 3407 | 3431 |
| 10557 | 9217785, 4.51%, 12/16/2026 | 6/20/2025 | 10256 | 10308 |
| 2684 | 9217972, 4.52%, 12/16/2026 | 6/20/2025 | 2591 | 2644 |
| 60929 | 9218039, 4.51%, 12/16/2026 | 6/20/2025 | 59821 | 52505 |
| 2470 | 9218801, 4.51%, 12/16/2026 | 6/20/2025 | 2356 | 2443 |
| 5083 | 9219171, 4.51%, 12/16/2026 | 6/20/2025 | 4905 | 5008 |
| 9674 | 9219283, 6.20%, 12/16/2026 | 6/20/2025 | 9442 | 9431 |
| 1823 | 9219679, 6.20%, 12/16/2026 | 6/20/2025 | 1817 | 1572 |
| 1765 | 9219701, 5.13%, 12/16/2026 | 6/20/2025 | 1715 | 1723 |
| 6852 | 9219852, 5.68%, 12/16/2026 | 6/20/2025 | 6787 | 4465 |
| 5956 | 9222371, 4.52%, 12/17/2026 | 6/23/2025 | 5778 | 5833 |
| 863 | 9222613, 5.88%, 12/17/2026 | 6/23/2025 | 850 | 808 |
| 6572 | 9222626, 4.83%, 12/17/2026 | 6/23/2025 | 6429 | 6097 |
| 9137 | 9222720, 4.83%, 12/17/2026 | 6/23/2025 | 8811 | 9000 |
| 5802 | 9223211, 5.38%, 12/17/2026<sup>(e)</sup> | 6/23/2025 | 5715 | 5032 |
| 14882 | 9223495, 4.52%, 12/17/2026 | 6/23/2025 | 14429 | 14586 |
| 9561 | 9224093, 4.52%, 12/17/2026 | 6/23/2025 | 9240 | 9405 |
| 1736 | 9224406, 5.14%, 12/17/2026 | 6/23/2025 | 1611 | 1728 |
| 824 | 9224587, 5.86%, 12/17/2026 | 6/23/2025 | 812 | 663 |
| 9019 | 9224602, 6.21%, 12/17/2026 | 6/23/2025 | 8982 | 7064 |
| 2889 | 9225345, 4.83%, 12/17/2026 | 6/23/2025 | 2811 | 2773 |
| 3451 | 9225393, 4.52%, 12/17/2026 | 6/23/2025 | 3331 | 3393 |

---

*See Notes to Financial Statements.*

130 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1356 | 9225860, 6.21%, 12/17/2026 | 6/23/2025 | 1328 | 1312 |
| 4309 | 9225903, 4.52%, 12/17/2026 | 6/23/2025 | 4189 | 4204 |
| 5528 | 9225991, 6.05%, 12/17/2026<sup>(e)</sup> | 6/23/2025 | 5523 | 2328 |
| 5192 | 9226008, 4.52%, 12/17/2026 | 6/23/2025 | 5031 | 5089 |
| 3193 | 9226065, 4.52%, 12/17/2026 | 6/23/2025 | 3100 | 3127 |
| 978 | 9226119, 5.88%, 12/17/2026 | 6/23/2025 | 960 | 929 |
| 30211 | 9226134, 5.87%, 12/17/2026 | 6/23/2025 | 29924 | 18527 |
| 32291 | 9226507, 5.38%, 12/17/2026<sup>(e)</sup> | 6/23/2025 | 31943 | 18349 |
| 8767 | 9226728, 5.38%, 12/17/2026 | 6/23/2025 | 8549 | 8398 |
| 6255 | 9226882, 4.52%, 12/17/2026 | 6/23/2025 | 5855 | 6206 |
| 5540 | 9227121, 5.87%, 12/17/2026 | 6/23/2025 | 5429 | 5332 |
| 5124 | 9227260, 5.69%, 12/17/2026 | 6/23/2025 | 5065 | 3355 |
| 3079 | 9227311, 4.52%, 12/17/2026 | 6/23/2025 | 2977 | 3028 |
| 8384 | 9227346, 5.38%, 12/17/2026 | 6/23/2025 | 8232 | 7715 |
| 2039 | 9230581, 5.91%, 12/18/2026 | 6/24/2025 | 2018 | 1252 |
| 4089 | 9230611, 4.54%, 12/18/2026 | 6/24/2025 | 3994 | 3640 |
| 6961 | 9230735, 5.15%, 12/18/2026 | 6/24/2025 | 6804 | 6636 |
| 3320 | 9230896, 4.54%, 12/18/2026 | 6/24/2025 | 3240 | 3189 |
| 2363 | 9230990, 4.54%, 12/18/2026 | 6/24/2025 | 2285 | 2326 |
| 2118 | 9231715, 5.16%, 12/18/2026 | 6/24/2025 | 2041 | 2081 |
| 7481 | 9231855, 4.54%, 12/18/2026 | 6/24/2025 | 7192 | 7373 |
| 4439 | 9232136, 6.23%, 12/18/2026 | 6/24/2025 | 4346 | 4292 |
| 1159 | 9232452, 6.23%, 12/18/2026 | 6/24/2025 | 1136 | 1120 |
| 4597 | 9232562, 5.90%, 12/18/2026<sup>(e)</sup> | 6/24/2025 | 4536 | 2005 |
| 1188 | 9232659, 4.54%, 12/18/2026 | 6/24/2025 | 1155 | 1155 |
| 26604 | 9232682, 5.16%, 12/18/2026 | 6/24/2025 | 25827 | 25940 |
| 521 | 9233454, 6.10%, 12/18/2026 | 6/24/2025 | 519 | 484 |
| 26845 | 9233477, 5.40%, 12/18/2026 | 6/24/2025 | 26042 | 26231 |
| 18586 | 9234220, 4.54%, 12/18/2026 | 6/24/2025 | 18141 | 17822 |
| 4217 | 9234417, 4.54%, 12/18/2026 | 6/24/2025 | 4099 | 4112 |
| 9379 | 9234479, 4.54%, 12/18/2026 | 6/24/2025 | 8997 | 9256 |
| 5030 | 9235136, 6.24%, 12/18/2026 | 6/24/2025 | 5011 | 1950 |
| 4152 | 9235204, 4.54%, 12/18/2026 | 6/24/2025 | 4023 | 4068 |
| 3267 | 9235540, 5.90%, 12/18/2026 | 6/24/2025 | 3228 | 2625 |
| 6805 | 9235607, 4.85%, 12/18/2026 | 6/24/2025 | 6603 | 6645 |
| 1668 | 9235747, 4.53%, 12/19/2026 | 6/25/2025 | 1575 | 1651 |
| 823 | 9235783, 5.71%, 12/19/2026 | 6/25/2025 | 805 | 790 |
| 9964 | 9235788, 4.54%, 12/19/2026 | 6/25/2025 | 9673 | 9731 |
| 2512 | 9235885, 6.23%, 12/19/2026 | 6/25/2025 | 2483 | 2386 |
|  | 9235932, 6.08%, 12/19/2026 | 6/25/2025 | (13) | (54) |
| 1462 | 9235979, 5.16%, 12/19/2026 | 6/25/2025 | 1412 | 1435 |
| 82291 | 9236013, 5.71%, 12/19/2026<sup>(e)</sup> | 6/25/2025 | 81216 | 11726 |
| 683 | 9236410, 4.78%, 12/19/2026 | 6/25/2025 | 684 | 259 |
| 2577 | 9236433, 5.71%, 12/19/2026 | 6/25/2025 | 2474 | 2534 |
| 3099 | 9236489, 4.53%, 12/19/2026 | 6/25/2025 | 3023 | 2977 |
| 2781 | 9236523, 6.45%, 12/19/2026 | 6/25/2025 | 2718 | 2723 |
| 6409 | 9236557, 4.54%, 12/19/2026 | 6/25/2025 | 6232 | 6250 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 131

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1734 | 9236604, 6.23%, 12/19/2026 | 6/25/2025 | 1715 | 1480 |
| 10109 | 9236618, 4.54%, 12/19/2026 | 6/25/2025 | 9888 | 8955 |
| 5504 | 9236694, 4.54%, 12/19/2026 | 6/25/2025 | 5377 | 4890 |
| 1888 | 9236741, 4.85%, 12/19/2026 | 6/25/2025 | 1839 | 1831 |
| 914 | 9236761, 4.85%, 12/19/2026 | 6/25/2025 | 889 | 887 |
| 1839 | 9236770, 4.54%, 12/19/2026 | 6/25/2025 | 1769 | 1813 |
| 633 | 9236861, 6.24%, 12/19/2026 | 6/25/2025 | 625 | 611 |
| 6916 | 9236880, 4.54%, 12/19/2026 | 6/25/2025 | 6639 | 6819 |
| 990 | 9237492, 5.69%, 12/20/2026 | 6/25/2025 | 973 | 897 |
| 3116 | 9237589, 4.84%, 12/20/2026 | 6/25/2025 | 3058 | 2468 |
| 10566 | 9237672, 5.39%, 12/20/2026 | 6/25/2025 | 10251 | 10262 |
| 2287 | 9238262, 5.89%, 12/20/2026<sup>(e)</sup> | 6/25/2025 | 2265 | 1327 |
| 3208 | 9238334, 4.52%, 12/20/2026 | 6/25/2025 | 3149 | 2756 |
| 1439 | 9238843, 4.52%, 12/20/2026 | 6/25/2025 | 1397 | 1406 |
| 2858 | 9238872, 4.53%, 12/20/2026 | 6/25/2025 | 2709 | 2829 |
| 12894 | 9238925, 4.84%, 12/20/2026 | 6/25/2025 | 12628 | 11951 |
| 6858 | 9239219, 5.15%, 12/20/2026 | 6/25/2025 | 6603 | 6734 |
| 6501 | 9239508, 4.53%, 12/20/2026 | 6/25/2025 | 6313 | 6346 |
| 5672 | 9239705, 5.15%, 12/20/2026 | 6/25/2025 | 5467 | 5569 |
| 4748 | 9239926, 4.84%, 12/20/2026 | 6/25/2025 | 4621 | 4608 |
| 55089 | 9240085, 6.22%, 12/20/2026 | 6/25/2025 | 54818 | 27287 |
| 3541 | 9240541, 6.22%, 12/20/2026 | 6/25/2025 | 3524 | 3112 |
| 27124 | 9240598, 5.15%, 12/20/2026 | 6/25/2025 | 26258 | 26490 |
| 6441 | 9241094, 4.53%, 12/20/2026 | 6/25/2025 | 6254 | 6291 |
| 1548 | 9241180, 4.54%, 12/20/2026 | 6/25/2025 | 1511 | 1485 |
| 21927 | 9241189, 4.53%, 12/20/2026 | 6/25/2025 | 20942 | 21667 |
| 9005 | 9241610, 5.39%, 12/20/2026 | 6/25/2025 | 8690 | 8836 |
| 887 | 9241892, 5.14%, 12/20/2026 | 6/25/2025 | 864 | 859 |
| 3709 | 9241922, 4.53%, 12/20/2026 | 6/25/2025 | 3596 | 3628 |
| 1551 | 9242838, 6.22%, 12/21/2026 | 6/26/2025 | 1519 | 1501 |
| 187 | 9242894, 6.07%, 12/21/2026 | 6/26/2025 | 183 | 182 |
| 1953 | 9242908, 4.84%, 12/21/2026 | 6/26/2025 | 1907 | 1861 |
| 5225 | 9242978, 4.53%, 12/21/2026 | 6/26/2025 | 5051 | 5132 |
| 1451 | 9243037, 4.52%, 12/21/2026 | 6/26/2025 | 1417 | 1288 |
| 2291 | 9243053, 4.53%, 12/21/2026 | 6/26/2025 | 2226 | 2235 |
| 2575 | 9243112, 5.88%, 12/21/2026 | 6/26/2025 | 2508 | 2503 |
| 5049 | 9243147, 4.53%, 12/21/2026 | 6/26/2025 | 4917 | 4893 |
| 6906 | 9243208, 4.53%, 12/21/2026 | 6/26/2025 | 6695 | 6757 |
| 5803 | 9243361, 4.53%, 12/21/2026 | 6/26/2025 | 5641 | 5626 |
| 2267 | 9243518, 6.22%, 12/21/2026 | 6/26/2025 | 2217 | 2196 |
| 854 | 9243566, 5.40%, 12/21/2026 | 6/26/2025 | 823 | 838 |
| 1439 | 9243581, 5.14%, 12/21/2026 | 6/26/2025 | 1411 | 1298 |
| 3909 | 9243595, 4.53%, 12/21/2026 | 6/26/2025 | 3771 | 3848 |
| 2778 | 9243646, 4.83%, 12/21/2026 | 6/26/2025 | 2716 | 2636 |
| 1132 | 9243780, 5.15%, 12/22/2026 | 6/26/2025 | 1108 | 1061 |
| 1074 | 9243794, 4.53%, 12/22/2026 | 6/26/2025 | 1039 | 1055 |

---

*See Notes to Financial Statements.*

132 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1072 | 9243812, 4.73%, 12/22/2026 | 6/26/2025 | 1069 | 1003 |
| 4316 | 9243828, 6.21%, 12/22/2026 | 6/26/2025 | 4287 | 3967 |
| 1138 | 9243884, 6.21%, 12/22/2026<sup>(e)</sup> | 6/26/2025 | 1129 | 159 |
| 687 | 9243895, 4.73%, 12/22/2026<sup>(e)</sup> | 6/26/2025 | 687 | 17 |
| 4066 | 9243901, 5.87%, 12/22/2026 | 6/26/2025 | 4011 | 3591 |
| 5565 | 9243931, 4.52%, 12/22/2026 | 6/26/2025 | 5408 | 5407 |
|  | 9243992, 6.21%, 12/22/2026 | 6/26/2025 | (370) |  |
| 547 | 9244013, 6.21%, 12/22/2026 | 6/26/2025 | 537 | 524 |
| 1538 | 9244022, 6.20%, 12/22/2026 | 6/26/2025 | 1523 | 1386 |
| 1022 | 9244036, 6.06%, 12/22/2026<sup>(e)</sup> | 6/26/2025 | 1019 | 836 |
| 2024 | 9244043, 4.83%, 12/22/2026 | 6/26/2025 | 1982 | 1610 |
| 16652 | 9244075, 5.87%, 12/22/2026<sup>(e)</sup> | 6/26/2025 | 16495 | 9745 |
| 23114 | 9244160, 4.52%, 12/22/2026 | 6/26/2025 | 22518 | 22253 |
| 588 | 9244352, 5.40%, 12/22/2026<sup>(e)</sup> | 6/26/2025 | 588 | 339 |
| 2210 | 9244356, 4.52%, 12/22/2026 | 6/26/2025 | 2069 | 2195 |
| 2831 | 9244451, 6.21%, 12/22/2026 | 6/26/2025 | 2790 | 2659 |
| 11563 | 9244484, 4.52%, 12/22/2026<sup>(e)</sup> | 6/26/2025 | 11178 | 11287 |
| 3625 | 9244948, 5.86%, 12/23/2026 | 6/26/2025 | 3569 | 3339 |
| 832 | 9245628, 4.72%, 12/23/2026 | 6/26/2025 | 832 | 470 |
| 407 | 9246226, 6.20%, 12/23/2026 | 6/26/2025 | 399 | 393 |
| 1775 | 9246237, 4.52%, 12/23/2026 | 6/26/2025 | 1719 | 1743 |
| 2906 | 9246265, 4.51%, 12/23/2026 | 6/26/2025 | 2812 | 2852 |
| 15378 | 9246292, 5.68%, 12/23/2026 | 6/26/2025 | 15189 | 10120 |
| 982 | 9246457, 4.82%, 12/23/2026 | 6/26/2025 | 945 | 966 |
| 2979 | 9246477, 4.52%, 12/23/2026 | 6/26/2025 | 2901 | 2887 |
| 1980 | 9246589, 4.51%, 12/23/2026 | 6/26/2025 | 1906 | 1952 |
| 389 | 9246674, 6.21%, 12/23/2026<sup>(e)</sup> | 6/26/2025 | 387 | 361 |
| 914 | 9246686, 4.52%, 12/23/2026 | 6/26/2025 | 882 | 898 |
| 6612 | 9246938, 4.51%, 12/23/2026 | 6/26/2025 | 6403 | 6490 |
| 2371 | 9247077, 5.87%, 12/23/2026 | 6/26/2025 | 2330 | 2218 |
| 1323 | 9247146, 5.38%, 12/23/2026 | 6/26/2025 | 1296 | 1244 |
| 2240 | 9248140, 4.94%, 12/23/2026 | 6/26/2025 | 2156 | 2203 |
| 3380 | 9248188, 5.38%, 12/23/2026 | 6/26/2025 | 3325 | 2942 |
| 23024 | 9248257, 4.82%, 12/23/2026 | 6/26/2025 | 22421 | 22289 |
| 5541 | 9248795, 4.51%, 12/23/2026 | 6/26/2025 | 5378 | 5407 |
| 540 | 9248901, 6.19%, 12/23/2026 | 6/26/2025 | 534 | 514 |
| 4076 | 9248960, 4.51%, 12/23/2026 | 6/26/2025 | 3948 | 4000 |
| 17728 | 9249312, 4.51%, 12/23/2026 | 6/26/2025 | 17309 | 15828 |
| 3403 | 9249480, 4.82%, 12/23/2026 | 6/26/2025 | 3302 | 3320 |
| 9983 | 9249908, 4.82%, 12/24/2026 | 6/27/2025 | 9670 | 9775 |
| 1580 | 9250268, 5.13%, 12/24/2026 | 6/27/2025 | 1532 | 1542 |
| 2632 | 9250313, 4.51%, 12/24/2026 | 6/27/2025 | 2548 | 2576 |
| 2221 | 9250546, 5.12%, 12/24/2026 | 6/27/2025 | 2145 | 2180 |
| 4806 | 9250661, 4.52%, 12/24/2026 | 6/27/2025 | 4664 | 4697 |
| 2699 | 9251053, 5.86%, 12/24/2026 | 6/27/2025 | 2654 | 2526 |
| 1248 | 9251237, 5.37%, 12/24/2026 | 6/27/2025 | 1211 | 1213 |
| 15320 | 9251257, 5.37%, 12/24/2026 | 6/27/2025 | 14820 | 14961 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 133

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4104 | 9251668, 4.51%, 12/24/2026 | 6/27/2025 | 3901 | 4061 |
| 1889 | 9251896, 6.19%, 12/24/2026 | 6/27/2025 | 1866 | 1705 |
| 15008 | 9251923, 4.51%, 12/24/2026 | 6/27/2025 | 14578 | 14617 |
| 2913 | 9252358, 4.51%, 12/24/2026 | 6/27/2025 | 2824 | 2849 |
| 7295 | 9252496, 4.51%, 12/24/2026 | 6/27/2025 | 7031 | 7180 |
| 2912 | 9252591, 5.37%, 12/24/2026 | 6/27/2025 | 2826 | 2831 |
| 2780 | 9252741, 5.86%, 12/24/2026 | 6/27/2025 | 2742 | 2250 |
| 33418 | 9252786, 4.51%, 12/24/2026 | 6/27/2025 | 32413 | 32667 |
| 5970 | 9253270, 4.51%, 12/24/2026 | 6/27/2025 | 5754 | 5875 |
| 9409 | 9253392, 4.82%, 12/24/2026<sup>(e)</sup> | 6/27/2025 | 9234 | 7312 |
| 4443 | 9253575, 4.51%, 12/24/2026 | 6/27/2025 | 4272 | 4380 |
| 11358 | 9253739, 4.82%, 12/24/2026 | 6/27/2025 | 11021 | 11088 |
| 6517 | 9253905, 4.51%, 12/24/2026 | 6/27/2025 | 6348 | 6274 |
| 27017 | 9253968, 5.86%, 12/24/2026 | 6/27/2025 | 26383 | 26073 |
| 1465 | 9254692, 5.14%, 12/24/2026 | 6/27/2025 | 1432 | 1248 |
| 4307 | 9254760, 5.13%, 12/25/2026 | 6/30/2025 | 4163 | 4223 |
| 1163 | 9255161, 6.19%, 12/25/2026 | 6/30/2025 | 1143 | 1057 |
| 613 | 9255306, 6.19%, 12/25/2026<sup>(e)</sup> | 6/30/2025 | 604 | 549 |
| 411 | 9255313, 6.07%, 12/25/2026 | 6/30/2025 | 410 | 373 |
| 1758 | 9255380, 6.20%, 12/25/2026 | 6/30/2025 | 1683 | 1728 |
| 2434 | 9255678, 4.52%, 12/25/2026 | 6/30/2025 | 2358 | 2384 |
| 20516 | 9255760, 5.37%, 12/25/2026 | 6/30/2025 | 20076 | 19266 |
| 1099 | 9256389, 6.05%, 12/25/2026 | 6/30/2025 | 1089 | 1059 |
| 14573 | 9256433, 4.51%, 12/25/2026 | 6/30/2025 | 13949 | 14387 |
| 1627 | 9256782, 5.87%, 12/25/2026 | 6/30/2025 | 1604 | 1443 |
| 1113 | 9256949, 4.81%, 12/25/2026 | 6/30/2025 | 1003 | 1103 |
| 666 | 9257006, 5.88%, 12/25/2026 | 6/30/2025 | 655 | 625 |
| 1672 | 9257343, 5.37%, 12/25/2026 | 6/30/2025 | 1615 | 1634 |
| 37041 | 9257364, 4.51%, 12/25/2026 | 6/30/2025 | 35577 | 36510 |
| 16192 | 9258311, 5.13%, 12/25/2026 | 6/30/2025 | 15732 | 15641 |
| 7898 | 9258533, 6.20%, 12/25/2026 | 6/30/2025 | 7818 | 7441 |
| 2206 | 9258712, 5.68%, 12/25/2026 | 6/30/2025 | 2156 | 2113 |
| 5766 | 9258909, 4.51%, 12/25/2026 | 6/30/2025 | 5631 | 5147 |
| 1345 | 9259026, 6.20%, 12/25/2026 | 6/30/2025 | 1333 | 1284 |
| 4366 | 9259060, 5.68%, 12/25/2026 | 6/30/2025 | 4163 | 4294 |
| 2936 | 9259188, 5.37%, 12/25/2026 | 6/30/2025 | 2857 | 2824 |
| 36756 | 9259235, 4.82%, 12/25/2026<sup>(e)</sup> | 6/30/2025 | 36277 | 9335 |
| 3280 | 9262424, 4.84%, 12/26/2026 | 7/1/2025 | 3174 | 3204 |
| 2844 | 9262572, 5.15%, 12/26/2026 | 7/1/2025 | 2763 | 2757 |
| 2614 | 9262629, 4.53%, 12/26/2026 | 7/1/2025 | 2515 | 2573 |
| 2606 | 9263980, 5.15%, 12/26/2026 | 7/1/2025 | 2531 | 2527 |
| 231 | 9264207, 4.53%, 12/26/2026 | 7/1/2025 | 215 | 230 |
| 701 | 9264286, 5.39%, 12/26/2026 | 7/1/2025 | 682 | 674 |
| 998 | 9264494, 4.74%, 12/26/2026 | 7/1/2025 | 994 | 897 |
| 14030 | 9264538, 5.15%, 12/26/2026<sup>(e)</sup> | 7/1/2025 | 13593 | 13676 |
| 16422 | 9264877, 5.39%, 12/26/2026 | 7/1/2025 | 15887 | 16038 |

---

*See Notes to Financial Statements.*

134 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5597 | 9265376, 5.89%, 12/26/2026 | 7/1/2025 | 5495 | 5242 |
| 10195 | 9265456, 4.53%, 12/26/2026 | 7/1/2025 | 9937 | 9777 |
| 11083 | 9265873, 5.88%, 12/26/2026 | 7/1/2025 | 10800 | 10760 |
| 18002 | 9266110, 4.84%, 12/26/2026 | 7/1/2025 | 17544 | 17163 |
| 5762 | 9266422, 4.53%, 12/26/2026 | 7/1/2025 | 5591 | 5615 |
| 4943 | 9266519, 5.88%, 12/26/2026 | 7/1/2025 | 4807 | 4802 |
| 21973 | 9266780, 5.15%, 12/26/2026 | 7/1/2025 | 21178 | 21572 |
| 10864 | 9267347, 4.84%, 12/26/2026 | 7/1/2025 | 10498 | 10646 |
| 4372 | 9267611, 4.53%, 12/26/2026 | 7/1/2025 | 4237 | 4275 |
| 7173 | 9267674, 5.70%, 12/26/2026 | 7/1/2025 | 7053 | 6083 |
| 1881 | 9267894, 6.22%, 12/26/2026 | 7/1/2025 | 1848 | 1808 |
| 16621 | 9267972, 5.88%, 12/26/2026 | 7/1/2025 | 16404 | 13616 |
| 691 | 9268137, 6.22%, 12/27/2026 | 7/2/2025 | 679 | 664 |
| 2118 | 9268174, 5.89%, 12/27/2026 | 7/2/2025 | 2056 | 2058 |
| 900 | 9268263, 5.43%, 12/27/2026 | 7/2/2025 | 896 | 848 |
| 4162 | 9269143, 5.70%, 12/27/2026<sup>(e)</sup> | 7/2/2025 | 4095 | 3505 |
| 3074 | 9269421, 4.53%, 12/27/2026 | 7/2/2025 | 2970 | 3009 |
| 1653 | 9269484, 4.83%, 12/27/2026 | 7/2/2025 | 1590 | 1626 |
| 3269 | 9269562, 4.53%, 12/27/2026 | 7/2/2025 | 3155 | 3214 |
| 4131 | 9269809, 4.53%, 12/27/2026 | 7/2/2025 | 4024 | 3964 |
| 5317 | 9269906, 5.15%, 12/27/2026 | 7/2/2025 | 5212 | 4820 |
| 1286 | 9270003, 6.24%, 12/27/2026 | 7/2/2025 | 1271 | 998 |
| 28191 | 9270071, 5.15%, 12/27/2026 | 7/2/2025 | 27235 | 27509 |
| 1177 | 9270956, 5.91%, 12/27/2026 | 7/2/2025 | 1164 | 140 |
| 7623 | 9270978, 4.53%, 12/27/2026 | 7/2/2025 | 7357 | 7489 |
| 20637 | 9271071, 5.88%, 12/27/2026 | 7/2/2025 | 20313 | 18937 |
| 1825 | 9271257, 6.22%, 12/27/2026 | 7/2/2025 | 1768 | 1776 |
| 1056 | 9271288, 4.54%, 12/27/2026 | 7/2/2025 | 1017 | 1040 |
| 10736 | 9271330, 4.53%, 12/27/2026 | 7/2/2025 | 10410 | 10472 |
| 4438 | 9271617, 5.39%, 12/27/2026 | 7/2/2025 | 4251 | 4357 |
| 317 | 9271790, 6.04%, 12/27/2026 | 7/2/2025 | 316 | 302 |
| 2049 | 9271802, 6.23%, 12/27/2026 | 7/2/2025 | 2027 | 1749 |
| 819 | 9271853, 5.41%, 12/27/2026 | 7/2/2025 | 800 | 771 |
| 14345 | 9271867, 6.07%, 12/27/2026 | 7/2/2025 | 14284 | 13333 |
| 8331 | 9272589, 4.53%, 12/27/2026 | 7/2/2025 | 8014 | 8200 |
| 2277 | 9272714, 4.53%, 12/28/2026 | 7/3/2025 | 2173 | 2249 |
| 6645 | 9272784, 4.53%, 12/28/2026 | 7/3/2025 | 6447 | 6472 |
| 8824 | 9272853, 5.42%, 12/28/2026<sup>(e)</sup> | 7/3/2025 | 8814 | 6964 |
| 2029 | 9272947, 6.22%, 12/28/2026 | 7/3/2025 | 2020 | 1397 |
| 1147 | 9272964, 5.40%, 12/28/2026 | 7/3/2025 | 1113 | 1112 |
| 2751 | 9272976, 5.70%, 12/28/2026 | 7/3/2025 | 2690 | 2577 |
| 3013 | 9273024, 5.15%, 12/28/2026 | 7/3/2025 | 2936 | 2865 |
| 3588 | 9273084, 4.53%, 12/28/2026 | 7/3/2025 | 3473 | 3507 |
| 4828 | 9273149, 4.84%, 12/28/2026 | 7/3/2025 | 4701 | 4638 |
| 2032 | 9273192, 4.52%, 12/28/2026 | 7/3/2025 | 1975 | 1956 |
| 7705 | 9273230, 4.84%, 12/28/2026 | 7/3/2025 | 7471 | 7508 |
| 1585 | 9273344, 4.54%, 12/28/2026 | 7/3/2025 | 1545 | 1417 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 135

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1212 | 9273512, 4.85%, 12/28/2026 | 7/3/2025 | 1165 | 1193 |
| 1312 | 9273546, 6.21%, 12/28/2026<sup>(e)</sup> | 7/3/2025 | 1298 | 999 |
| 1621 | 9273572, 4.84%, 12/28/2026 | 7/3/2025 | 1564 | 1588 |
| 1509 | 9273698, 6.05%, 12/29/2026 | 7/3/2025 | 1503 | 1367 |
| 1198 | 9273756, 6.19%, 12/29/2026<sup>(e)</sup> | 7/3/2025 | 1184 | 920 |
| 8401 | 9273793, 4.52%, 12/29/2026 | 7/3/2025 | 8120 | 8240 |
| 11701 | 9274030, 5.14%, 12/29/2026<sup>(e)</sup> | 7/3/2025 | 11312 | 11045 |
| 1492 | 9274236, 5.14%, 12/29/2026 | 7/3/2025 | 1432 | 1466 |
| 3834 | 9274287, 4.52%, 12/29/2026 | 7/3/2025 | 3705 | 3763 |
| 6842 | 9274334, 4.83%, 12/29/2026<sup>(e)</sup> | 7/3/2025 | 6650 | 6402 |
| 2195 | 9274422, 5.13%, 12/29/2026 | 7/3/2025 | 2142 | 2062 |
| 7329 | 9274446, 5.38%, 12/29/2026 | 7/3/2025 | 7118 | 7045 |
| 6756 | 9274531, 4.83%, 12/29/2026 | 7/3/2025 | 6523 | 6621 |
| 1498 | 9274650, 4.73%, 12/30/2026 | 7/3/2025 | 1497 | 874 |
| 4821 | 9274676, 5.12%, 12/30/2026 | 7/3/2025 | 4714 | 4400 |
| 1021 | 9275691, 6.18%, 12/30/2026 | 7/3/2025 | 1012 | 903 |
| 1683 | 9275735, 6.19%, 12/30/2026 | 7/3/2025 | 1663 | 1522 |
| 167 | 9276035, 5.40%, 12/30/2026 | 7/3/2025 | 167 | 162 |
| 1016 | 9276206, 6.20%, 12/30/2026 | 7/3/2025 | 985 | 986 |
| 1961 | 9276309, 4.52%, 12/30/2026 | 7/3/2025 | 1895 | 1924 |
| 3205 | 9276429, 4.51%, 12/30/2026 | 7/3/2025 | 3117 | 3107 |
| 3879 | 9276678, 5.68%, 12/30/2026<sup>(e)</sup> | 7/3/2025 | 3814 | 2483 |
| 13172 | 9276756, 5.13%, 12/30/2026 | 7/3/2025 | 12740 | 12833 |
| 3566 | 9277241, 5.86%, 12/30/2026 | 7/3/2025 | 3508 | 3176 |
| 10348 | 9277310, 4.51%, 12/30/2026 | 7/3/2025 | 10067 | 9952 |
| 5058 | 9277622, 4.51%, 12/30/2026 | 7/3/2025 | 4900 | 4945 |
| 2532 | 9277736, 4.51%, 12/30/2026 | 7/3/2025 | 2452 | 2474 |
| 2263 | 9277802, 5.86%, 12/30/2026 | 7/3/2025 | 2220 | 2119 |
| 3865 | 9277850, 4.51%, 12/30/2026 | 7/3/2025 | 3744 | 3777 |
| 4368 | 9277979, 4.52%, 12/30/2026 | 7/3/2025 | 4216 | 4292 |
| 3399 | 9278256, 6.19%, 12/30/2026<sup>(e)</sup> | 7/3/2025 | 3370 | 41 |
| 435 | 9278306, 6.06%, 12/30/2026 | 7/3/2025 | 433 | 360 |
| 3519 | 9278322, 4.51%, 12/30/2026 | 7/3/2025 | 3417 | 3430 |
| 788 | 9278379, 6.05%, 12/30/2026 | 7/3/2025 | 785 | 648 |
| 5910 | 9278487, 5.86%, 12/30/2026 | 7/3/2025 | 5727 | 5757 |
| 5099 | 9278743, 5.40%, 12/30/2026 | 7/3/2025 | 5090 | 4529 |
| 2181 | 9278807, 4.82%, 12/30/2026 | 7/3/2025 | 2132 | 2024 |
| 18762 | 9278839, 4.51%, 12/30/2026 | 7/3/2025 | 17998 | 18491 |
| 1737 | 9279177, 4.51%, 12/30/2026 | 7/3/2025 | 1674 | 1709 |
| 8814 | 9279204, 4.51%, 12/30/2026 | 7/3/2025 | 8438 | 8707 |
| 3518 | 9279540, 4.51%, 12/30/2026 | 7/3/2025 | 3415 | 3425 |
| 905 | 9279734, 5.85%, 12/30/2026<sup>(e)</sup> | 7/3/2025 | 884 | 849 |
| 11993 | 9279742, 4.51%, 12/30/2026 | 7/3/2025 | 11638 | 11680 |
| 3198 | 9279933, 4.51%, 12/30/2026 | 7/3/2025 | 3089 | 3139 |
| 2214 | 9280134, 6.20%, 12/30/2026 | 7/3/2025 | 2185 | 1913 |
| 10535 | 9280293, 5.86%, 12/30/2026 | 7/3/2025 | 10392 | 8615 |

---

*See Notes to Financial Statements.*

136 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4750 | 9280705, 4.50%, 1/1/2027 | 7/7/2025 | 4570 | 4676 |
| 2012 | 9280979, 4.51%, 1/1/2027 | 7/7/2025 | 1950 | 1960 |
| 5431 | 9281016, 4.81%, 1/1/2027<sup>(e)</sup> | 7/7/2025 | 5302 | 5050 |
| 3033 | 9281100, 4.50%, 1/1/2027 | 7/7/2025 | 2927 | 2979 |
| 3259 | 9281568, 4.51%, 1/1/2027 | 7/7/2025 | 3165 | 3162 |
| 10019 | 9281810, 4.81%, 1/1/2027<sup>(e)</sup> | 7/7/2025 | 9855 | 6717 |
| 3936 | 9282314, 4.50%, 1/1/2027 | 7/7/2025 | 3810 | 3849 |
| 1800 | 9282390, 5.36%, 1/1/2027 | 7/7/2025 | 1726 | 1769 |
| 9352 | 9282421, 6.19%, 1/1/2027 | 7/7/2025 | 9168 | 8953 |
| 8712 | 9282656, 6.19%, 1/1/2027 | 7/7/2025 | 8567 | 8346 |
| 11901 | 9282914, 4.50%, 1/1/2027 | 7/7/2025 | 11477 | 11676 |
| 2726 | 9283190, 4.72%, 1/1/2027<sup>(e)</sup> | 7/7/2025 | 2719 | 1944 |
| 1371 | 9283242, 6.18%, 1/1/2027 | 7/7/2025 | 1355 | 1209 |
| 802 | 9283260, 6.20%, 1/1/2027 | 7/7/2025 | 745 | 781 |
| 5521 | 9283314, 5.85%, 1/1/2027 | 7/7/2025 | 5354 | 5351 |
| 31042 | 9283649, 4.50%, 1/1/2027 | 7/7/2025 | 29977 | 30494 |
| 1042 | 9284213, 5.40%, 1/1/2027 | 7/7/2025 | 1037 | 958 |
| 6247 | 9284283, 5.36%, 1/1/2027 | 7/7/2025 | 5977 | 6148 |
| 5924 | 9284429, 5.85%, 1/1/2027 | 7/7/2025 | 5788 | 5577 |
| 2054 | 9284512, 4.73%, 1/1/2027<sup>(e)</sup> | 7/7/2025 | 2054 | 122 |
| 1144 | 9284523, 4.74%, 1/1/2027<sup>(e)</sup> | 7/7/2025 | 1143 | 76 |
| 2328 | 9284534, 6.18%, 1/1/2027<sup>(e)</sup> | 7/7/2025 | 2301 | 1370 |
| 211 | 9284548, 5.39%, 1/1/2027 | 7/7/2025 | 210 | 205 |
| 52119 | 9284608, 4.81%, 1/1/2027 | 7/7/2025 | 50612 | 50139 |
| 1877 | 9285405, 6.19%, 1/1/2027<sup>(e)</sup> | 7/7/2025 | 1857 | 1434 |
| 238 | 9290818, 6.20%, 1/2/2027 | 7/8/2025 | 232 | 232 |
| 4956 | 9290853, 4.53%, 1/2/2027 | 7/8/2025 | 4789 | 4859 |
| 767 | 9290909, 5.15%, 1/2/2027 | 7/8/2025 | 743 | 741 |
| 309 | 9290915, 6.09%, 1/2/2027 | 7/8/2025 | 307 | 294 |
| 19988 | 9290954, 4.53%, 1/2/2027 | 7/8/2025 | 19553 | 17403 |
| 3089 | 9291239, 5.39%, 1/2/2027 | 7/8/2025 | 2939 | 3039 |
| 2550 | 9291354, 4.83%, 1/2/2027 | 7/8/2025 | 2459 | 2498 |
| 9039 | 9291420, 4.53%, 1/2/2027 | 7/8/2025 | 8798 | 8657 |
| 943 | 9291510, 4.53%, 1/2/2027 | 7/8/2025 | 903 | 930 |
| 2020 | 9291538, 5.88%, 1/2/2027 | 7/8/2025 | 1989 | 1653 |
| 7370 | 9291608, 5.88%, 1/2/2027 | 7/8/2025 | 7127 | 7165 |
| 7456 | 9292104, 4.53%, 1/2/2027 | 7/8/2025 | 7203 | 7298 |
| 17767 | 9292564, 4.84%, 1/2/2027 | 7/8/2025 | 16953 | 17528 |
| 9508 | 9293329, 4.53%, 1/2/2027 | 7/8/2025 | 9071 | 9389 |
| 2293 | 9293666, 4.53%, 1/2/2027 | 7/8/2025 | 2222 | 2232 |
| 842 | 9293756, 4.53%, 1/2/2027 | 7/8/2025 | 820 | 807 |
| 6808 | 9293788, 5.39%, 1/2/2027 | 7/8/2025 | 6596 | 6573 |
| 4699 | 9293942, 6.23%, 1/2/2027<sup>(e)</sup> | 7/8/2025 | 4656 | 51 |
| 785 | 9293990, 6.22%, 1/2/2027 | 7/8/2025 | 744 | 772 |
| 1152 | 9294065, 5.87%, 1/2/2027 | 7/8/2025 | 1117 | 1118 |
| 3886 | 9294085, 4.53%, 1/2/2027 | 7/8/2025 | 3674 | 3847 |
| 5008 | 9294185, 4.53%, 1/2/2027 | 7/8/2025 | 4839 | 4910 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 137

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 25975 | 9294231, 5.88%, 1/2/2027 | 7/8/2025 | 25272 | 25043 |
| 6557 | 9294919, 5.39%, 1/2/2027<sup>(e)</sup> | 7/8/2025 | 6417 | 6046 |
| 2303 | 9295057, 5.14%, 1/2/2027 | 7/8/2025 | 2226 | 2240 |
| 1154 | 9295242, 6.22%, 1/2/2027<sup>(e)</sup> | 7/8/2025 | 1128 | 1086 |
| 5296 | 9295341, 4.74%, 1/2/2027 | 7/8/2025 | 5293 | 4043 |
| 652 | 9295386, 6.24%, 1/2/2027<sup>(e)</sup> | 7/8/2025 | 637 | 610 |
| 1442 | 9295388, 4.84%, 1/2/2027 | 7/8/2025 | 1409 | 1336 |
| 3430 | 9295402, 5.89%, 1/2/2027 | 7/8/2025 | 3346 | 3269 |
| 3717 | 9295470, 4.84%, 1/2/2027<sup>(e)</sup> | 7/8/2025 | 3649 | 2870 |
| 3551 | 9295524, 4.84%, 1/2/2027 | 7/8/2025 | 3438 | 3461 |
| 34376 | 9295611, 4.84%, 1/2/2027<sup>(e)</sup> | 7/8/2025 | 33662 | 5842 |
| 4369 | 9296006, 4.83%, 1/3/2027 | 7/9/2025 | 4293 | 1567 |
| 1208 | 9296087, 6.07%, 1/3/2027 | 7/9/2025 | 1200 | 1097 |
| 2514 | 9296131, 5.88%, 1/3/2027 | 7/9/2025 | 2457 | 2365 |
| 221 | 9296646, 6.24%, 1/3/2027 | 7/9/2025 | 214 | 215 |
| 15000 | 9296659, 4.53%, 1/3/2027 | 7/9/2025 | 14521 | 14611 |
| 765 | 9297202, 6.05%, 1/3/2027 | 7/9/2025 | 759 | 716 |
| 2613 | 9297400, 4.84%, 1/3/2027<sup>(e)</sup> | 7/9/2025 | 2558 | 2114 |
| 2475 | 9297555, 5.70%, 1/3/2027 | 7/9/2025 | 2383 | 2411 |
| 3308 | 9297629, 5.88%, 1/3/2027<sup>(e)</sup> | 7/9/2025 | 3233 | 3027 |
| 2886 | 9297665, 4.53%, 1/3/2027 | 7/9/2025 | 2769 | 2839 |
| 2752 | 9297706, 4.53%, 1/3/2027 | 7/9/2025 | 2667 | 2679 |
| 3536 | 9297771, 4.53%, 1/3/2027 | 7/9/2025 | 3418 | 3457 |
| 2480 | 9297846, 4.53%, 1/3/2027 | 7/9/2025 | 2366 | 2449 |
| 4142 | 9297981, 6.22%, 1/3/2027 | 7/9/2025 | 4110 | 3380 |
| 11505 | 9298030, 6.22%, 1/3/2027<sup>(e)</sup> | 7/9/2025 | 11377 | 7502 |
| 11284 | 9298149, 4.84%, 1/3/2027 | 7/9/2025 | 10881 | 11049 |
| 1535 | 9298403, 5.89%, 1/3/2027 | 7/9/2025 | 1417 | 1511 |
| 1702 | 9298505, 5.70%, 1/3/2027 | 7/9/2025 | 1567 | 1683 |
| 4624 | 9298628, 5.70%, 1/3/2027 | 7/9/2025 | 4389 | 4504 |
| 2160 | 9299097, 5.15%, 1/3/2027 | 7/9/2025 | 2103 | 2054 |
| 4129 | 9299136, 5.14%, 1/3/2027 | 7/9/2025 | 4003 | 3984 |
| 1296 | 9299292, 4.53%, 1/3/2027 | 7/9/2025 | 1251 | 1269 |
| 3306 | 9299335, 4.53%, 1/3/2027 | 7/9/2025 | 3202 | 3222 |
| 1698 | 9299399, 5.39%, 1/3/2027 | 7/9/2025 | 1628 | 1667 |
| 2489 | 9299432, 4.53%, 1/3/2027 | 7/9/2025 | 2392 | 2449 |
| 6474 | 9299481, 5.39%, 1/3/2027 | 7/9/2025 | 6358 | 4712 |
| 2853 | 9299576, 5.39%, 1/3/2027 | 7/9/2025 | 2791 | 2539 |
| 581 | 9299607, 5.89%, 1/3/2027 | 7/9/2025 | 552 | 567 |
| 6082 | 9299639, 6.07%, 1/3/2027<sup>(e)</sup> | 7/9/2025 | 6073 | 2360 |
| 32189 | 9299680, 5.39%, 1/3/2027<sup>(e)</sup> | 7/9/2025 | 31606 | 8799 |
| 24852 | 9300226, 4.84%, 1/3/2027 | 7/9/2025 | 24110 | 24088 |
| 1548 | 9300552, 5.69%, 1/3/2027 | 7/9/2025 | 1515 | 1410 |
| 7092 | 9300647, 5.15%, 1/3/2027 | 7/9/2025 | 6814 | 6960 |
| 4557 | 9300977, 6.22%, 1/4/2027 | 7/10/2025 | 4439 | 4423 |
| 481 | 9301079, 6.23%, 1/4/2027 | 7/10/2025 | 447 | 473 |

---

*See Notes to Financial Statements.*

138 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5032 | 9301102, 4.83%, 1/4/2027 | 7/10/2025 | 4937 | 1915 |
| 8605 | 9301134, 6.22%, 1/4/2027 | 7/10/2025 | 8431 | 8094 |
| 6397 | 9301213, 5.39%, 1/4/2027 | 7/10/2025 | 5999 | 6329 |
| 1624 | 9301328, 4.52%, 1/4/2027 | 7/10/2025 | 1574 | 1574 |
| 2727 | 9301334, 5.39%, 1/4/2027 | 7/10/2025 | 2619 | 2665 |
| 1859 | 9301358, 5.38%, 1/4/2027 | 7/10/2025 | 1825 | 1333 |
| 5930 | 9301374, 4.53%, 1/4/2027 | 7/10/2025 | 5694 | 5837 |
|  | 9301809, 6.05%, 1/4/2027 | 7/10/2025 | (4) | (2) |
| 10086 | 9301892, 4.84%, 1/4/2027 | 7/10/2025 | 9730 | 9876 |
| 1557 | 9302027, 4.53%, 1/5/2027 | 7/10/2025 | 1497 | 1531 |
| 1711 | 9302043, 6.22%, 1/5/2027 | 7/10/2025 | 1667 | 1652 |
| 3276 | 9302069, 4.52%, 1/5/2027 | 7/10/2025 | 3149 | 3222 |
| 653 | 9302117, 6.19%, 1/5/2027 | 7/10/2025 | 647 | 573 |
| 23362 | 9302198, 4.52%, 1/5/2027 | 7/10/2025 | 22648 | 22742 |
| 3440 | 9302447, 5.87%, 1/5/2027 | 7/10/2025 | 3399 | 1879 |
| 1120 | 9302471, 4.52%, 1/5/2027 | 7/10/2025 | 1063 | 1106 |
| 4984 | 9302485, 5.14%, 1/5/2027 | 7/10/2025 | 4836 | 4799 |
| 3961 | 9302579, 6.21%, 1/5/2027 | 7/10/2025 | 3914 | 3495 |
| 9806 | 9302625, 5.38%, 1/5/2027 | 7/10/2025 | 9616 | 7236 |
| 6535 | 9302839, 4.52%, 1/5/2027 | 7/10/2025 | 6346 | 6286 |
| 16888 | 9302911, 4.82%, 1/6/2027 | 7/10/2025 | 16262 | 16538 |
| 3923 | 9303121, 6.19%, 1/6/2027 | 7/10/2025 | 3863 | 3390 |
| 7623 | 9303165, 4.94%, 1/6/2027 | 7/10/2025 | 7467 | 6039 |
| 363 | 9303220, 6.20%, 1/6/2027 | 7/10/2025 | 337 | 352 |
| 1845 | 9303235, 4.51%, 1/6/2027 | 7/10/2025 | 1786 | 1797 |
| 2562 | 9303258, 5.68%, 1/6/2027 | 7/10/2025 | 2480 | 2470 |
| 4596 | 9303299, 5.86%, 1/6/2027 | 7/10/2025 | 4495 | 4315 |
| 17608 | 9303346, 5.86%, 1/6/2027 | 7/10/2025 | 17291 | 15641 |
| 3696 | 9303502, 5.13%, 1/6/2027 | 7/10/2025 | 3586 | 3563 |
| 4588 | 9303539, 5.13%, 1/6/2027 | 7/10/2025 | 4461 | 4368 |
| 887 | 9303585, 6.40%, 1/6/2027 | 7/10/2025 | 869 | 849 |
| 2620 | 9303620, 5.37%, 1/6/2027 | 7/10/2025 | 2533 | 2530 |
| 7416 | 9303669, 4.51%, 1/6/2027 | 7/10/2025 | 7148 | 7280 |
| 3974 | 9303776, 5.37%, 1/6/2027 | 7/10/2025 | 3832 | 3860 |
| 1075 | 9305202, 4.52%, 1/7/2027 | 7/10/2025 | 1037 | 1055 |
| 1342 | 9305216, 6.18%, 1/7/2027 | 7/10/2025 | 1320 | 1216 |
| 4915 | 9305242, 4.50%, 1/7/2027 | 7/10/2025 | 4690 | 4848 |
| 2843 | 9305505, 5.48%, 1/7/2027 | 7/10/2025 | 2775 | 2634 |
| 1933 | 9305584, 6.19%, 1/7/2027 | 7/10/2025 | 1916 | 1098 |
| 1624 | 9305623, 6.19%, 1/7/2027 | 7/10/2025 | 1592 | 1574 |
| 2180 | 9305896, 5.39%, 1/7/2027 | 7/10/2025 | 2176 | 1543 |
| 454 | 9306006, 4.50%, 1/7/2027 | 7/10/2025 | 437 | 447 |
| 16265 | 9306019, 5.12%, 1/7/2027 | 7/10/2025 | 15688 | 15855 |
| 10256 | 9306447, 4.50%, 1/7/2027 | 7/10/2025 | 9832 | 10100 |
| 833 | 9306745, 5.12%, 1/7/2027 | 7/10/2025 | 807 | 807 |
| 391 | 9306754, 5.67%, 1/7/2027 | 7/10/2025 | 379 | 380 |
| 2854 | 9306764, 6.19%, 1/7/2027 | 7/10/2025 | 2812 | 2469 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 139

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 935 | 9306793, 4.50%, 1/7/2027 | 7/10/2025 | 896 | 921 |
| 12028 | 9306818, 4.50%, 1/7/2027 | 7/10/2025 | 11708 | 10807 |
| 9288 | 9306994, 6.09%, 1/7/2027 | 7/10/2025 | 9001 | 8989 |
| 3669 | 9307196, 5.85%, 1/7/2027 | 7/10/2025 | 3597 | 3376 |
| 1145 | 9307245, 6.19%, 1/7/2027 | 7/10/2025 | 1084 | 1129 |
| 214 | 9307477, 5.36%, 1/7/2027 | 7/10/2025 | 200 | 211 |
| 3657 | 9307761, 4.81%, 1/7/2027 | 7/10/2025 | 3575 | 2977 |
| 1328 | 9307787, 5.37%, 1/7/2027 | 7/10/2025 | 1283 | 1289 |
| 3179 | 9307820, 6.19%, 1/7/2027 | 7/10/2025 | 3106 | 3044 |
| 9568 | 9307864, 4.50%, 1/7/2027 | 7/10/2025 | 9311 | 9154 |
| 579 | 9308148, 6.40%, 1/7/2027 | 7/10/2025 | 568 | 536 |
| 3602 | 9309950, 4.50%, 1/8/2027 | 7/11/2025 | 3487 | 3519 |
| 3920 | 9310071, 4.51%, 1/8/2027 | 7/11/2025 | 3795 | 3829 |
| 10398 | 9310155, 6.40%, 1/8/2027 | 7/11/2025 | 10292 | 7590 |
| 2507 | 9310376, 4.80%, 1/8/2027 | 7/11/2025 | 2450 | 2040 |
| 2477 | 9310431, 5.84%, 1/8/2027 | 7/11/2025 | 2426 | 2296 |
| 5698 | 9310504, 4.81%, 1/8/2027 | 7/11/2025 | 5467 | 5596 |
| 1735 | 9310884, 5.67%, 1/8/2027 | 7/11/2025 | 1692 | 1638 |
| 857 | 9311012, 6.40%, 1/8/2027 | 7/11/2025 | 792 | 843 |
| 2431 | 9311110, 6.04%, 1/8/2027 | 7/11/2025 | 2417 | 2148 |
| 1829 | 9311189, 4.51%, 1/8/2027 | 7/11/2025 | 1767 | 1793 |
| 9200 | 9311247, 5.85%, 1/8/2027 | 7/11/2025 | 8662 | 9044 |
| 14878 | 9311596, 6.19%, 1/8/2027 | 7/11/2025 | 14675 | 11574 |
| 2738 | 9311898, 4.50%, 1/8/2027 | 7/11/2025 | 2624 | 2697 |
| 19526 | 9311969, 4.81%, 1/8/2027 | 7/11/2025 | 18772 | 19144 |
| 5479 | 9312474, 4.51%, 1/8/2027 | 7/11/2025 | 5232 | 5405 |
| 2487 | 9312631, 6.03%, 1/8/2027 | 7/11/2025 | 2456 | 2391 |
| 2579 | 9312737, 5.37%, 1/8/2027 | 7/11/2025 | 2503 | 2481 |
| 3982 | 9312768, 4.50%, 1/8/2027 | 7/11/2025 | 3852 | 3878 |
| 4935 | 9312832, 4.81%, 1/8/2027 | 7/11/2025 | 4785 | 4780 |
| 1593 | 9312934, 5.84%, 1/8/2027 | 7/11/2025 | 1555 | 1512 |
| 12760 | 9313332, 4.81%, 1/8/2027 | 7/11/2025 | 12375 | 12350 |
| 9978 | 9313495, 6.03%, 1/8/2027<sup>(e)</sup> | 7/11/2025 | 9925 | 7180 |
| 10889 | 9313621, 4.50%, 1/8/2027 | 7/11/2025 | 10427 | 10729 |
| 908 | 9313780, 6.19%, 1/8/2027 | 7/11/2025 | 903 | 76 |
| 11115 | 9313789, 4.81%, 1/8/2027 | 7/11/2025 | 10677 | 10916 |
| 617 | 9314023, 6.21%, 1/8/2027 | 7/11/2025 | 600 | 583 |
| 2636 | 9314028, 4.81%, 1/8/2027 | 7/11/2025 | 2558 | 2566 |
| 24655 | 9314109, 5.67%, 1/8/2027 | 7/11/2025 | 23732 | 24016 |
| 4078 | 9314544, 4.50%, 1/9/2027 | 7/14/2025 | 3918 | 4009 |
| 617 | 9314716, 5.85%, 1/9/2027 | 7/14/2025 | 599 | 594 |
| 3014 | 9314859, 4.51%, 1/9/2027 | 7/14/2025 | 2938 | 2689 |
| 5267 | 9314897, 4.81%, 1/9/2027 | 7/14/2025 | 4910 | 5213 |
| 15222 | 9315534, 4.50%, 1/9/2027 | 7/14/2025 | 14707 | 14861 |
| 5469 | 9315875, 4.51%, 1/9/2027 | 7/14/2025 | 5320 | 5239 |
| 115 | 9315939, 6.01%, 1/9/2027<sup>(e)</sup> | 7/14/2025 | 109 | 111 |

---

*See Notes to Financial Statements.*

140 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2742 | 9315945, 4.51%, 1/9/2027 | 7/14/2025 | 2656 | 2657 |
| 5662 | 9315991, 4.50%, 1/9/2027 | 7/14/2025 | 5479 | 5504 |
| 5087 | 9316101, 4.50%, 1/9/2027 | 7/14/2025 | 4931 | 4894 |
| 3878 | 9316164, 5.36%, 1/9/2027 | 7/14/2025 | 3717 | 3789 |
| 634 | 9316218, 5.35%, 1/9/2027 | 7/14/2025 | 600 | 625 |
| 4455 | 9316237, 5.67%, 1/9/2027 | 7/14/2025 | 4349 | 4073 |
| 17646 | 9316278, 4.50%, 1/9/2027 | 7/14/2025 | 17239 | 15534 |
| 2597 | 9316459, 6.40%, 1/9/2027 | 7/14/2025 | 2523 | 2500 |
| 17311 | 9316529, 4.81%, 1/9/2027 | 7/14/2025 | 16887 | 16005 |
| 7597 | 9316760, 6.19%, 1/9/2027 | 7/14/2025 | 7465 | 6904 |
| 2189 | 9316916, 5.12%, 1/9/2027 | 7/14/2025 | 2127 | 2080 |
| 2702 | 9316941, 4.51%, 1/9/2027 | 7/14/2025 | 2573 | 2666 |
| 19389 | 9316974, 4.50%, 1/9/2027 | 7/14/2025 | 18606 | 19093 |
| 3905 | 9317755, 4.81%, 1/9/2027 | 7/14/2025 | 3766 | 3820 |
| 68975 | 9317968, 4.50%, 1/9/2027 | 7/14/2025 | 67297 | 61124 |
| 4974 | 9318671, 4.51%, 1/9/2027 | 7/14/2025 | 4809 | 4862 |
| 4146 | 9318730, 5.85%, 1/9/2027 | 7/14/2025 | 3944 | 4064 |
| 29931 | 9318880, 4.50%, 1/9/2027 | 7/14/2025 | 28766 | 29437 |
| 4925 | 9321718, 5.42%, 1/10/2027 | 7/15/2025 | 4914 | 3434 |
| 634 | 9321951, 6.43%, 1/10/2027 | 7/15/2025 | 626 | 578 |
| 12093 | 9321968, 4.52%, 1/10/2027 | 7/15/2025 | 11723 | 11692 |
| 14890 | 9322374, 4.52%, 1/10/2027 | 7/15/2025 | 14420 | 14403 |
| 5289 | 9322853, 4.52%, 1/10/2027 | 7/15/2025 | 4981 | 5232 |
| 1483 | 9323075, 5.39%, 1/10/2027 | 7/15/2025 | 1428 | 1440 |
| 37846 | 9323107, 4.52%, 1/10/2027 | 7/15/2025 | 37012 | 19012 |
| 2660 | 9323707, 6.06%, 1/10/2027<sup>(e)</sup> | 7/15/2025 | 2648 | 220 |
| 1903 | 9323736, 4.51%, 1/10/2027 | 7/15/2025 | 1824 | 1874 |
| 2191 | 9323783, 4.52%, 1/10/2027 | 7/15/2025 | 2106 | 2153 |
| 399 | 9323852, 5.39%, 1/10/2027 | 7/15/2025 | 369 | 396 |
| 4348 | 9323880, 4.52%, 1/10/2027 | 7/15/2025 | 4164 | 4282 |
| 6825 | 9324129, 4.52%, 1/10/2027 | 7/15/2025 | 6540 | 6717 |
| 2329 | 9324297, 5.38%, 1/10/2027 | 7/15/2025 | 2152 | 2310 |
| 2858 | 9324438, 4.95%, 1/10/2027 | 7/15/2025 | 2748 | 2798 |
| 37890 | 9324611, 4.83%, 1/10/2027 | 7/15/2025 | 36929 | 35164 |
| 1743 | 9325205, 6.43%, 1/10/2027 | 7/15/2025 | 1701 | 1679 |
| 1952 | 9325256, 4.51%, 1/10/2027 | 7/15/2025 | 1883 | 1913 |
| 4856 | 9325295, 5.14%, 1/10/2027 | 7/15/2025 | 4676 | 4733 |
| 6619 | 9325393, 4.83%, 1/10/2027 | 7/15/2025 | 6403 | 6415 |
| 2656 | 9325765, 4.51%, 1/10/2027 | 7/15/2025 | 2569 | 2584 |
| 1682 | 9325794, 6.21%, 1/10/2027 | 7/15/2025 | 1600 | 1650 |
| 4159 | 9325875, 4.83%, 1/10/2027 | 7/15/2025 | 4027 | 4028 |
| 4947 | 9326326, 4.52%, 1/11/2027 | 7/16/2025 | 4791 | 4792 |
| 7385 | 9326450, 5.87%, 1/11/2027 | 7/16/2025 | 7168 | 7109 |
| 2718 | 9326683, 4.52%, 1/11/2027 | 7/16/2025 | 2637 | 2628 |
| 409 | 9326709, 5.87%, 1/11/2027 | 7/16/2025 | 388 | 402 |
| 725 | 9326726, 5.88%, 1/11/2027 | 7/16/2025 | 688 | 709 |
| 5819 | 9327473, 4.52%, 1/11/2027 | 7/16/2025 | 5589 | 5718 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 141

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 19748 | 9327576, 5.26%, 1/11/2027 | 7/16/2025 | 19136 | 18744 |
| 1391 | 9327919, 5.25%, 1/11/2027 | 7/16/2025 | 1335 | 1358 |
| 888 | 9327947, 5.86%, 1/11/2027 | 7/16/2025 | 864 | 843 |
| 1840 | 9327996, 6.21%, 1/11/2027 | 7/16/2025 | 1755 | 1802 |
| 3432 | 9328123, 5.87%, 1/11/2027 | 7/16/2025 | 3370 | 2864 |
| 4975 | 9328196, 5.87%, 1/11/2027 | 7/16/2025 | 4854 | 4691 |
| 4104 | 9328273, 5.14%, 1/11/2027 | 7/16/2025 | 3954 | 3992 |
| 84 | 9328373, 6.22%, 1/11/2027 | 7/16/2025 | 77 | 83 |
| 2432 | 9328398, 4.52%, 1/11/2027 | 7/16/2025 | 2365 | 2184 |
| 3853 | 9328448, 4.52%, 1/11/2027 | 7/16/2025 | 3706 | 3786 |
| 2927 | 9328586, 4.83%, 1/11/2027 | 7/16/2025 | 2823 | 2852 |
| 4173 | 9328649, 4.52%, 1/11/2027 | 7/16/2025 | 4047 | 4015 |
| 10991 | 9328697, 4.52%, 1/11/2027 | 7/16/2025 | 10683 | 10532 |
| 3656 | 9328844, 4.52%, 1/11/2027 | 7/16/2025 | 3524 | 3583 |
| 25137 | 9328895, 4.52%, 1/11/2027 | 7/16/2025 | 24138 | 24703 |
| 5191 | 9329293, 5.13%, 1/11/2027 | 7/16/2025 | 5048 | 4885 |
| 1880 | 9329327, 4.96%, 1/11/2027 | 7/16/2025 | 1803 | 1843 |
| 21087 | 9329350, 5.38%, 1/11/2027 | 7/16/2025 | 20196 | 20586 |
| 5030 | 9329736, 4.52%, 1/11/2027 | 7/16/2025 | 4867 | 4892 |
| 3241 | 9329844, 6.12%, 1/11/2027 | 7/16/2025 | 3130 | 3140 |
| 821 | 9330065, 5.29%, 1/11/2027 | 7/16/2025 | 821 | 469 |
| 40491 | 9330077, 5.75%, 1/11/2027 | 7/16/2025 | 39283 | 38633 |
| 15828 | 9330580, 5.50%, 1/12/2027 | 7/17/2025 | 15345 | 15103 |
| 3703 | 9330811, 4.52%, 1/12/2027 | 7/17/2025 | 3578 | 3616 |
| 686 | 9330856, 6.44%, 1/12/2027 | 7/17/2025 | 679 | 560 |
| 18728 | 9330863, 4.52%, 1/12/2027 | 7/17/2025 | 17926 | 18440 |
| 2012 | 9331090, 4.52%, 1/12/2027 | 7/17/2025 | 1951 | 1932 |
| 855 | 9331114, 6.45%, 1/12/2027 | 7/17/2025 | 843 | 718 |
| 4719 | 9331123, 4.52%, 1/12/2027 | 7/17/2025 | 4536 | 4635 |
| 4176 | 9331179, 5.38%, 1/12/2027 | 7/17/2025 | 4047 | 3993 |
| 1260 | 9331231, 5.38%, 1/12/2027 | 7/17/2025 | 1215 | 1220 |
| 2272 | 9331236, 4.52%, 1/12/2027 | 7/17/2025 | 2165 | 2241 |
| 653 | 9331273, 6.19%, 1/12/2027 | 7/17/2025 | 640 | 604 |
| 7042 | 9331283, 5.75%, 1/12/2027 | 7/17/2025 | 6828 | 6739 |
| 11137 | 9331350, 5.50%, 1/12/2027 | 7/17/2025 | 10430 | 11002 |
| 1154 | 9331574, 6.42%, 1/13/2027 | 7/17/2025 | 1134 | 1088 |
| 1519 | 9331593, 5.75%, 1/13/2027 | 7/17/2025 | 1471 | 1453 |
| 18902 | 9331606, 4.51%, 1/13/2027 | 7/17/2025 | 18187 | 18558 |
| 7721 | 9331908, 4.51%, 1/13/2027 | 7/17/2025 | 7440 | 7568 |
| 1740 | 9331992, 4.52%, 1/13/2027 | 7/17/2025 | 1649 | 1719 |
| 1340 | 9332016, 6.19%, 1/13/2027 | 7/17/2025 | 1311 | 1242 |
| 1096 | 9332043, 4.51%, 1/13/2027 | 7/17/2025 | 1046 | 1081 |
| 2727 | 9332058, 6.10%, 1/13/2027 | 7/17/2025 | 2671 | 2186 |
| 963 | 9332079, 4.82%, 1/13/2027 | 7/17/2025 | 928 | 943 |
| 4382 | 9332094, 5.37%, 1/13/2027 | 7/17/2025 | 4234 | 4231 |
| 2847 | 9332139, 4.94%, 1/13/2027 | 7/17/2025 | 2747 | 2758 |

---

*See Notes to Financial Statements.*

142 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 8162 | 9332179, 4.51%, 1/13/2027 | 7/17/2025 | 7907 | 7900 |
| 16116 | 9333284, 5.73%, 1/14/2027 | 7/17/2025 | 15673 | 15232 |
| 2825 | 9333957, 4.93%, 1/14/2027 | 7/17/2025 | 2739 | 2707 |
| 3050 | 9334085, 4.51%, 1/14/2027 | 7/17/2025 | 2937 | 2981 |
| 1385 | 9334320, 5.24%, 1/14/2027 | 7/17/2025 | 1353 | 449 |
| 8370 | 9334345, 5.73%, 1/14/2027 | 7/17/2025 | 8131 | 7934 |
| 1779 | 9334564, 5.48%, 1/14/2027 | 7/17/2025 | 1708 | 1733 |
| 146 | 9334606, 6.40%, 1/14/2027 | 7/17/2025 | 140 | 142 |
| 8445 | 9334609, 4.50%, 1/14/2027 | 7/17/2025 | 8192 | 8120 |
| 2248 | 9334688, 4.82%, 1/14/2027 | 7/17/2025 | 2184 | 2136 |
| 5370 | 9334731, 6.40%, 1/14/2027 | 7/17/2025 | 5286 | 4179 |
| 689 | 9334956, 6.40%, 1/14/2027 | 7/17/2025 | 677 | 658 |
| 836 | 9334992, 6.04%, 1/14/2027 | 7/17/2025 | 828 | 783 |
|  | 9335074, 5.48%, 1/14/2027 | 7/17/2025 | (66) | (9) |
| 5966 | 9335150, 4.50%, 1/14/2027 | 7/17/2025 | 5766 | 5828 |
| 22297 | 9335232, 4.50%, 1/14/2027 | 7/17/2025 | 21675 | 20050 |
| 15884 | 9336183, 5.85%, 1/14/2027 | 7/17/2025 | 15045 | 15590 |
| 126 | 9336707, 4.74%, 1/14/2027 | 7/17/2025 | 125 | 122 |
| 6531 | 9336722, 4.50%, 1/14/2027 | 7/17/2025 | 6281 | 6413 |
| 1120 | 9336808, 5.36%, 1/14/2027 | 7/17/2025 | 1076 | 1092 |
| 2265 | 9336818, 6.18%, 1/14/2027 | 7/17/2025 | 2223 | 2054 |
| 31680 | 9336846, 5.73%, 1/14/2027 | 7/17/2025 | 31030 | 26826 |
| 3690 | 9337303, 4.51%, 1/14/2027 | 7/17/2025 | 3556 | 3619 |
| 314 | 9337348, 6.18%, 1/14/2027 | 7/17/2025 | 289 | 309 |
| 17653 | 9337460, 5.27%, 1/14/2027<sup>(e)</sup> | 7/17/2025 | 17640 | 5493 |
| 2674 | 9337552, 6.03%, 1/14/2027 | 7/17/2025 | 2654 | 2363 |
| 5294 | 9337581, 4.50%, 1/14/2027 | 7/17/2025 | 5063 | 5217 |
| 52480 | 9337632, 4.50%, 1/14/2027 | 7/17/2025 | 51354 | 44019 |
| 1148 | 9338083, 6.38%, 1/14/2027 | 7/17/2025 | 1138 | 447 |
| 15903 | 9338249, 4.50%, 1/15/2027 | 7/18/2025 | 15281 | 15618 |
| 8427 | 9339324, 6.09%, 1/15/2027 | 7/18/2025 | 8225 | 7763 |
| 4716 | 9339516, 5.49%, 1/15/2027 | 7/18/2025 | 4542 | 4564 |
| 1288 | 9339586, 6.20%, 1/15/2027 | 7/18/2025 | 1264 | 1048 |
| 1864 | 9339660, 6.25%, 1/15/2027 | 7/18/2025 | 1834 | 1797 |
| 1304 | 9339734, 4.50%, 1/15/2027 | 7/18/2025 | 1228 | 1289 |
| 1471 | 9339785, 5.74%, 1/15/2027 | 7/18/2025 | 1435 | 1336 |
| 2099 | 9339816, 5.85%, 1/15/2027 | 7/18/2025 | 2065 | 462 |
| 1063 | 9339895, 4.50%, 1/15/2027 | 7/18/2025 | 1021 | 1044 |
| 6495 | 9339918, 5.39%, 1/15/2027 | 7/18/2025 | 6455 | 6143 |
| 2862 | 9340245, 4.94%, 1/15/2027 | 7/18/2025 | 2778 | 2707 |
| 2295 | 9340330, 6.10%, 1/15/2027 | 7/18/2025 | 2228 | 2178 |
| 2492 | 9340409, 6.19%, 1/15/2027 | 7/18/2025 | 2467 | 1386 |
| 1673 | 9341317, 4.49%, 1/15/2027 | 7/18/2025 | 1603 | 1645 |
| 4304 | 9341349, 4.51%, 1/15/2027 | 7/18/2025 | 4154 | 4206 |
| 7288 | 9341434, 6.09%, 1/15/2027 | 7/18/2025 | 7167 | 4662 |
| 4817 | 9341483, 5.24%, 1/15/2027 | 7/18/2025 | 4556 | 4747 |
| 1668 | 9341602, 4.51%, 1/15/2027 | 7/18/2025 | 1622 | 1495 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 143

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4769 | 9341622, 4.51%, 1/15/2027 | 7/18/2025 | 4613 | 4637 |
| 7471 | 9341672, 4.50%, 1/15/2027 | 7/18/2025 | 7213 | 7295 |
| 2400 | 9341724, 4.50%, 1/15/2027 | 7/18/2025 | 2335 | 2145 |
|  | 9341745, 4.50%, 1/15/2027 | 7/18/2025 | (250) | (65) |
| 25910 | 9341826, 5.85%, 1/15/2027 | 7/18/2025 | 25423 | 21668 |
| 3346 | 9342444, 5.48%, 1/15/2027 | 7/18/2025 | 3233 | 3228 |
| 346 | 9342484, 5.73%, 1/15/2027 | 7/18/2025 | 332 | 338 |
| 6712 | 9342493, 4.93%, 1/15/2027 | 7/18/2025 | 6454 | 6565 |
| 1139 | 9342596, 6.19%, 1/16/2027 | 7/21/2025 | 1121 | 1037 |
| 4637 | 9342699, 4.50%, 1/16/2027 | 7/21/2025 | 4436 | 4561 |
| 4475 | 9342861, 5.12%, 1/16/2027 | 7/21/2025 | 4342 | 4210 |
| 764 | 9342976, 6.09%, 1/16/2027 | 7/21/2025 | 733 | 742 |
| 3117 | 9343028, 6.24%, 1/16/2027 | 7/21/2025 | 3068 | 2945 |
| 984 | 9343171, 5.27%, 1/16/2027 | 7/21/2025 | 979 | 815 |
| 2873 | 9343180, 6.19%, 1/16/2027 | 7/21/2025 | 2805 | 2708 |
| 12038 | 9343287, 4.50%, 1/16/2027 | 7/21/2025 | 11579 | 11789 |
| 8399 | 9343665, 6.40%, 1/16/2027 | 7/21/2025 | 8282 | 7400 |
| 5371 | 9343775, 4.51%, 1/16/2027 | 7/21/2025 | 5166 | 5261 |
| 1779 | 9343863, 5.49%, 1/16/2027 | 7/21/2025 | 1726 | 1676 |
| 3307 | 9343884, 4.51%, 1/16/2027 | 7/21/2025 | 3184 | 3230 |
| 7764 | 9343985, 6.40%, 1/16/2027 | 7/21/2025 | 7675 | 5590 |
| 5557 | 9344111, 4.50%, 1/16/2027 | 7/21/2025 | 5385 | 5368 |
| 22786 | 9344192, 5.73%, 1/16/2027 | 7/21/2025 | 22192 | 20683 |
| 10532 | 9344764, 4.50%, 1/16/2027 | 7/21/2025 | 10211 | 5488 |
| 42333 | 9344896, 4.50%, 1/16/2027 | 7/21/2025 | 40939 | 40979 |
|  | 9345410, 6.10%, 1/16/2027 | 7/21/2025 | (266) |  |
| 16140 | 9345436, 6.19%, 1/16/2027<sup>(e)</sup> | 7/21/2025 | 15932 | 1463 |
| 50474 | 9345530, 4.50%, 1/16/2027 | 7/21/2025 | 48863 | 48856 |
| 70320 | 9346159, 4.50%, 1/16/2027 | 7/21/2025 | 68175 | 67488 |
| 3353 | 9349048, 6.43%, 1/17/2027 | 7/22/2025 | 3234 | 3255 |
| 15903 | 9349183, 5.51%, 1/17/2027 | 7/22/2025 | 15446 | 14726 |
| 5917 | 9349567, 4.52%, 1/17/2027 | 7/22/2025 | 5696 | 5782 |
| 750 | 9350191, 6.10%, 1/17/2027 | 7/22/2025 | 728 | 706 |
| 1891 | 9350549, 4.52%, 1/17/2027 | 7/22/2025 | 1783 | 1870 |
| 1280 | 9350576, 5.37%, 1/17/2027 | 7/22/2025 | 1250 | 1131 |
| 4391 | 9350586, 4.83%, 1/17/2027 | 7/22/2025 | 4181 | 4320 |
| 6549 | 9350701, 4.52%, 1/17/2027 | 7/22/2025 | 6318 | 6391 |
| 542 | 9350847, 5.31%, 1/17/2027 | 7/22/2025 | 541 | 496 |
| 4120 | 9350861, 5.50%, 1/17/2027 | 7/22/2025 | 3976 | 3971 |
| 1996 | 9350914, 5.75%, 1/17/2027 | 7/22/2025 | 1917 | 1941 |
| 4872 | 9350969, 4.52%, 1/17/2027 | 7/22/2025 | 4736 | 4373 |
| 7751 | 9351082, 4.52%, 1/17/2027 | 7/22/2025 | 7530 | 6964 |
| 1330 | 9351237, 5.50%, 1/17/2027 | 7/22/2025 | 1280 | 1288 |
| 8872 | 9351278, 4.83%, 1/17/2027 | 7/22/2025 | 8568 | 8598 |
| 2557 | 9351416, 4.52%, 1/17/2027 | 7/22/2025 | 2470 | 2488 |
| 1152 | 9351449, 5.50%, 1/17/2027 | 7/22/2025 | 1109 | 1114 |

---

*See Notes to Financial Statements.*

144 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 38408 | 9351491, 5.69%, 1/17/2027 | 7/22/2025 | 36758 | 37398 |
| 36639 | 9352389, 6.42%, 1/17/2027 | 7/22/2025 | 35919 | 31781 |
| 5693 | 9353041, 5.26%, 1/17/2027 | 7/22/2025 | 5531 | 5329 |
| 2980 | 9353113, 4.95%, 1/17/2027 | 7/22/2025 | 2869 | 2898 |
| 4397 | 9353159, 5.75%, 1/17/2027 | 7/22/2025 | 4239 | 4221 |
| 4120 | 9353232, 5.51%, 1/17/2027 | 7/22/2025 | 4000 | 3879 |
| 940 | 9353377, 4.53%, 1/17/2027 | 7/22/2025 | 897 | 925 |
| 2092 | 9353423, 6.11%, 1/17/2027 | 7/22/2025 | 2000 | 2038 |
| 7461 | 9353613, 4.95%, 1/18/2027 | 7/23/2025 | 7188 | 7246 |
| 3356 | 9353786, 4.95%, 1/18/2027 | 7/23/2025 | 3180 | 3304 |
| 1573 | 9353861, 4.53%, 1/18/2027 | 7/23/2025 | 1528 | 1413 |
| 5169 | 9354015, 5.41%, 1/18/2027 | 7/23/2025 | 5135 | 4583 |
| 5939 | 9354362, 4.52%, 1/18/2027 | 7/23/2025 | 5715 | 5819 |
| 21792 | 9354574, 6.12%, 1/18/2027 | 7/23/2025 | 21102 | 20690 |
| 1071 | 9355101, 4.94%, 1/18/2027 | 7/23/2025 | 1028 | 1047 |
| 3024 | 9355136, 4.52%, 1/18/2027 | 7/23/2025 | 2884 | 2978 |
| 13057 | 9355191, 4.52%, 1/18/2027 | 7/23/2025 | 12580 | 12758 |
| 876 | 9355392, 4.51%, 1/18/2027 | 7/23/2025 | 835 | 863 |
| 33652 | 9355432, 6.42%, 1/18/2027 | 7/23/2025 | 33179 | 17531 |
| 14928 | 9355742, 4.52%, 1/18/2027 | 7/23/2025 | 14336 | 14657 |
| 8317 | 9355948, 5.75%, 1/18/2027 | 7/23/2025 | 8088 | 7753 |
| 6623 | 9356078, 4.52%, 1/18/2027 | 7/23/2025 | 6324 | 6522 |
| 1719 | 9356223, 6.12%, 1/18/2027 | 7/23/2025 | 1654 | 1663 |
| 8682 | 9356319, 5.75%, 1/18/2027 | 7/23/2025 | 8298 | 8452 |
| 1566 | 9356553, 4.83%, 1/18/2027 | 7/23/2025 | 1497 | 1539 |
| 976 | 9356605, 4.93%, 1/18/2027 | 7/23/2025 | 942 | 945 |
| 1424 | 9356664, 6.10%, 1/18/2027 | 7/23/2025 | 1391 | 1272 |
| 1090 | 9356729, 5.87%, 1/18/2027 | 7/23/2025 | 1056 | 1047 |
| 1717 | 9356776, 4.52%, 1/18/2027 | 7/23/2025 | 1660 | 1668 |
| 2781 | 9356837, 4.52%, 1/18/2027 | 7/23/2025 | 2688 | 2701 |
| 13075 | 9356883, 4.52%, 1/18/2027 | 7/23/2025 | 12477 | 12879 |
| 1272 | 9357423, 6.05%, 1/19/2027 | 7/24/2025 | 1265 | 1041 |
| 9568 | 9357450, 4.52%, 1/19/2027 | 7/24/2025 | 9203 | 9371 |
| 2045 | 9357549, 4.52%, 1/19/2027 | 7/24/2025 | 1969 | 1997 |
| 993 | 9357795, 4.95%, 1/19/2027 | 7/24/2025 | 946 | 976 |
| 4766 | 9357813, 4.52%, 1/19/2027 | 7/24/2025 | 4640 | 4233 |
| 580 | 9357876, 5.73%, 1/19/2027 | 7/24/2025 | 555 | 565 |
| 1208 | 9357886, 6.13%, 1/19/2027 | 7/24/2025 | 1172 | 1137 |
| 1378 | 9357902, 6.42%, 1/19/2027 | 7/24/2025 | 1349 | 1254 |
| 575 | 9357924, 4.52%, 1/19/2027 | 7/24/2025 | 557 | 553 |
| 4850 | 9357931, 4.52%, 1/19/2027 | 7/24/2025 | 4694 | 4685 |
| 6328 | 9357991, 4.52%, 1/19/2027 | 7/24/2025 | 6041 | 6227 |
| 2714 | 9358068, 5.50%, 1/19/2027 | 7/24/2025 | 2637 | 2512 |
| 13078 | 9358148, 4.51%, 1/20/2027 | 7/24/2025 | 12716 | 11670 |
| 1784 | 9358247, 5.24%, 1/20/2027 | 7/24/2025 | 1716 | 1726 |
| 6905 | 9358303, 4.51%, 1/20/2027 | 7/24/2025 | 6638 | 6763 |
| 4864 | 9358391, 6.41%, 1/20/2027 | 7/24/2025 | 4713 | 4658 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 145

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1822 | 9358450, 4.51%, 1/20/2027 | 7/24/2025 | 1754 | 1783 |
| 2829 | 9358480, 4.51%, 1/20/2027 | 7/24/2025 | 2718 | 2777 |
| 2779 | 9358588, 4.52%, 1/20/2027 | 7/24/2025 | 2700 | 1446 |
| 2742 | 9358613, 4.51%, 1/20/2027 | 7/24/2025 | 2636 | 2693 |
| 12035 | 9358639, 6.26%, 1/20/2027 | 7/24/2025 | 11843 | 11416 |
| 8804 | 9359713, 4.51%, 1/21/2027 | 7/24/2025 | 8497 | 8345 |
| 1375 | 9360712, 4.50%, 1/21/2027 | 7/24/2025 | 1326 | 1343 |
| 4299 | 9360779, 4.50%, 1/21/2027 | 7/24/2025 | 4056 | 4249 |
| 5504 | 9360926, 4.50%, 1/21/2027 | 7/24/2025 | 5314 | 5350 |
| 6823 | 9361031, 4.93%, 1/21/2027 | 7/24/2025 | 6584 | 6593 |
| 1369 | 9361192, 5.71%, 1/21/2027 | 7/24/2025 | 1342 | 928 |
| 1944 | 9361216, 6.09%, 1/21/2027 | 7/24/2025 | 1858 | 1887 |
| 1593 | 9361244, 5.48%, 1/21/2027 | 7/24/2025 | 1555 | 1407 |
| 1634 | 9361254, 5.49%, 1/21/2027 | 7/24/2025 | 1590 | 1503 |
| 31365 | 9361273, 5.73%, 1/21/2027 | 7/24/2025 | 30423 | 29670 |
| 3566 | 9361953, 5.67%, 1/21/2027 | 7/24/2025 | 3456 | 3385 |
| 1123 | 9362000, 5.25%, 1/21/2027 | 7/24/2025 | 1072 | 1099 |
| 947 | 9362021, 6.03%, 1/21/2027 | 7/24/2025 | 931 | 897 |
| 10883 | 9362051, 4.50%, 1/21/2027 | 7/24/2025 | 10484 | 10650 |
| 7508 | 9362207, 4.51%, 1/21/2027 | 7/24/2025 | 7207 | 7366 |
| 29100 | 9362409, 4.50%, 1/21/2027 | 7/24/2025 | 28077 | 28379 |
| 597 | 9362843, 5.11%, 1/21/2027 | 7/24/2025 | 542 | 592 |
| 6463 | 9362861, 4.50%, 1/21/2027 | 7/24/2025 | 6172 | 6366 |
| 5416 | 9362966, 4.93%, 1/21/2027 | 7/24/2025 | 5236 | 5198 |
| 3869 | 9363042, 4.93%, 1/21/2027 | 7/24/2025 | 3765 | 3164 |
| 1961 | 9363095, 4.92%, 1/21/2027 | 7/24/2025 | 1910 | 1598 |
| 6303 | 9363132, 4.51%, 1/21/2027 | 7/24/2025 | 6066 | 6173 |
| 45332 | 9363238, 4.50%, 1/21/2027 | 7/24/2025 | 43715 | 44357 |
| 3562 | 9363792, 4.50%, 1/21/2027 | 7/24/2025 | 3428 | 3489 |
| 9851 | 9363825, 4.50%, 1/21/2027 | 7/24/2025 | 9481 | 9648 |
| 3848 | 9364091, 4.50%, 1/22/2027 | 7/25/2025 | 3688 | 3776 |
| 4003 | 9364174, 4.50%, 1/22/2027 | 7/25/2025 | 3846 | 3929 |
| 13336 | 9364306, 4.93%, 1/22/2027 | 7/25/2025 | 12835 | 12946 |
| 2576 | 9364813, 4.94%, 1/22/2027 | 7/25/2025 | 2488 | 2488 |
| 656 | 9364957, 6.40%, 1/22/2027 | 7/25/2025 | 647 | 581 |
| 4954 | 9365009, 4.51%, 1/22/2027 | 7/25/2025 | 4801 | 4736 |
| 6054 | 9365117, 6.40%, 1/22/2027 | 7/25/2025 | 5937 | 5342 |
| 21796 | 9365267, 5.36%, 1/22/2027 | 7/25/2025 | 21061 | 20950 |
| 1951 | 9365789, 4.51%, 1/22/2027 | 7/25/2025 | 1869 | 1917 |
| 6566 | 9365832, 6.40%, 1/22/2027 | 7/25/2025 | 6496 | 3623 |
| 3105 | 9365935, 4.50%, 1/22/2027 | 7/25/2025 | 2998 | 3018 |
| 8748 | 9365976, 4.50%, 1/22/2027 | 7/25/2025 | 8430 | 8532 |
| 8977 | 9366202, 4.51%, 1/22/2027 | 7/25/2025 | 8696 | 8618 |
| 274 | 9366268, 6.39%, 1/22/2027 | 7/25/2025 | 260 | 269 |
| 1148 | 9366294, 4.50%, 1/22/2027 | 7/25/2025 | 1101 | 1128 |
| 6502 | 9366378, 4.93%, 1/22/2027 | 7/25/2025 | 6249 | 6318 |

---

*See Notes to Financial Statements.*

146 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1817 | 9366469, 4.93%, 1/22/2027 | 7/25/2025 | 1754 | 1758 |
| 1513 | 9366504, 4.93%, 1/22/2027 | 7/25/2025 | 1464 | 1461 |
| 3548 | 9366520, 4.50%, 1/22/2027 | 7/25/2025 | 3437 | 3424 |
| 12226 | 9366552, 4.50%, 1/22/2027 | 7/25/2025 | 11745 | 11990 |
| 3686 | 9366892, 5.49%, 1/22/2027 | 7/25/2025 | 3584 | 3389 |
| 3740 | 9366934, 4.93%, 1/22/2027 | 7/25/2025 | 3547 | 3680 |
| 2239 | 9367032, 4.50%, 1/22/2027 | 7/25/2025 | 2162 | 2174 |
| 4814 | 9367088, 4.81%, 1/22/2027 | 7/25/2025 | 4652 | 4652 |
| 3801 | 9367116, 4.50%, 1/22/2027 | 7/25/2025 | 3656 | 3722 |
| 2769 | 9367175, 4.93%, 1/22/2027 | 7/25/2025 | 2682 | 2627 |
| 5288 | 9367217, 4.93%, 1/22/2027 | 7/25/2025 | 5135 | 4905 |
| 10263 | 9367292, 5.24%, 1/22/2027 | 7/25/2025 | 9890 | 9920 |
| 3874 | 9367425, 4.50%, 1/22/2027 | 7/25/2025 | 3730 | 3802 |
| 2820 | 9367446, 4.51%, 1/22/2027 | 7/25/2025 | 2742 | 2526 |
| 22617 | 9367470, 5.24%, 1/22/2027 | 7/25/2025 | 21550 | 22175 |
| 642 | 9367918, 6.40%, 1/22/2027 | 7/25/2025 | 627 | 584 |
| 184 | 9368023, 6.42%, 1/22/2027 | 7/25/2025 | 168 | 181 |
| 1015 | 9368126, 6.24%, 1/23/2027 | 7/28/2025 | 962 | 994 |
| 4778 | 9368229, 4.51%, 1/23/2027 | 7/28/2025 | 4615 | 4635 |
| 1158 | 9368449, 6.09%, 1/23/2027 | 7/28/2025 | 1106 | 1112 |
| 42 | 9368658, 6.25%, 1/23/2027 | 7/28/2025 | 38 | 41 |
| 2214 | 9368676, 6.40%, 1/23/2027 | 7/28/2025 | 2142 | 2090 |
| 3818 | 9368770, 6.40%, 1/23/2027 | 7/28/2025 | 3714 | 3658 |
| 5559 | 9368999, 4.93%, 1/23/2027 | 7/28/2025 | 5324 | 5435 |
| 837 | 9369261, 6.10%, 1/23/2027 | 7/28/2025 | 802 | 810 |
| 4522 | 9369282, 4.93%, 1/23/2027 | 7/28/2025 | 4350 | 4392 |
| 3625 | 9369355, 4.50%, 1/23/2027 | 7/28/2025 | 3500 | 3507 |
| 6461 | 9369418, 4.50%, 1/23/2027 | 7/28/2025 | 6204 | 6338 |
| 14368 | 9369701, 6.09%, 1/23/2027 | 7/28/2025 | 14033 | 12797 |
| 49736 | 9369855, 4.93%, 1/23/2027 | 7/28/2025 | 47709 | 48554 |
| 12698 | 9370583, 4.93%, 1/23/2027 | 7/28/2025 | 12283 | 12140 |
| 4893 | 9370780, 4.93%, 1/23/2027 | 7/28/2025 | 4701 | 4749 |
| 3192 | 9370869, 5.48%, 1/23/2027 | 7/28/2025 | 3090 | 3017 |
| 688 | 9370902, 4.52%, 1/23/2027 | 7/28/2025 | 658 | 676 |
| 1477 | 9370916, 5.23%, 1/23/2027 | 7/28/2025 | 1436 | 1120 |
| 2889 | 9370934, 4.94%, 1/23/2027 | 7/28/2025 | 2753 | 2835 |
| 11606 | 9370974, 5.73%, 1/23/2027 | 7/28/2025 | 11333 | 7662 |
| 28874 | 9371115, 4.50%, 1/23/2027 | 7/28/2025 | 27810 | 28240 |
| 18214 | 9371415, 4.93%, 1/23/2027 | 7/28/2025 | 17526 | 17687 |
| 1711 | 9371848, 5.72%, 1/23/2027 | 7/28/2025 | 1670 | 1462 |
| 4457 | 9371891, 5.48%, 1/23/2027 | 7/28/2025 | 4274 | 4321 |
| 1833 | 9374458, 6.42%, 1/24/2027 | 7/29/2025 | 1785 | 1674 |
| 2333 | 9374657, 6.06%, 1/24/2027 | 7/29/2025 | 2257 | 2271 |
| 1285 | 9374888, 4.53%, 1/24/2027 | 7/29/2025 | 1234 | 1257 |
| 4119 | 9375060, 4.52%, 1/24/2027 | 7/29/2025 | 3969 | 4004 |
| 1661 | 9375191, 4.53%, 1/24/2027 | 7/29/2025 | 1607 | 1592 |
| 4507 | 9375203, 5.75%, 1/24/2027 | 7/29/2025 | 4373 | 4201 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 147

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1284 | 9375562, 6.41%, 1/24/2027 | 7/29/2025 | 1270 | 690 |
| 3101 | 9375594, 4.51%, 1/24/2027 | 7/29/2025 | 2996 | 2997 |
| 10581 | 9375683, 4.52%, 1/24/2027 | 7/29/2025 | 10234 | 10151 |
| 20154 | 9375854, 4.52%, 1/24/2027 | 7/29/2025 | 19651 | 17389 |
| 8451 | 9376190, 5.50%, 1/24/2027 | 7/29/2025 | 8157 | 8048 |
| 3795 | 9376366, 4.52%, 1/24/2027 | 7/29/2025 | 3691 | 3366 |
| 2133 | 9376409, 4.52%, 1/24/2027 | 7/29/2025 | 2046 | 2093 |
| 7558 | 9376466, 4.52%, 1/24/2027 | 7/29/2025 | 7281 | 7376 |
| 8143 | 9376591, 5.87%, 1/24/2027 | 7/29/2025 | 7848 | 7829 |
| 14479 | 9376859, 5.26%, 1/24/2027 | 7/29/2025 | 13830 | 14116 |
| 8908 | 9377328, 4.52%, 1/24/2027 | 7/29/2025 | 8581 | 8687 |
| 1408 | 9377439, 4.95%, 1/24/2027 | 7/29/2025 | 1330 | 1387 |
| 2943 | 9377479, 4.52%, 1/24/2027 | 7/29/2025 | 2825 | 2887 |
| 69524 | 9377524, 4.83%, 1/24/2027 | 7/29/2025 | 67463 | 64549 |
| 1292 | 9378729, 5.29%, 1/24/2027 | 7/29/2025 | 1282 | 1241 |
| 159 | 9378818, 5.50%, 1/24/2027 | 7/29/2025 | 145 | 159 |
| 2292 | 9378887, 6.42%, 1/25/2027 | 7/30/2025 | 2227 | 2191 |
| 3861 | 9379032, 4.95%, 1/25/2027 | 7/30/2025 | 3640 | 3806 |
| 4116 | 9379165, 4.52%, 1/25/2027 | 7/30/2025 | 3963 | 4018 |
| 1680 | 9379238, 4.53%, 1/25/2027 | 7/30/2025 | 1597 | 1656 |
| 2509 | 9379326, 4.94%, 1/25/2027 | 7/30/2025 | 2442 | 2037 |
| 11291 | 9379375, 6.12%, 1/25/2027 | 7/30/2025 | 10945 | 10553 |
| 7501 | 9379738, 4.52%, 1/25/2027 | 7/30/2025 | 7116 | 7400 |
| 1671 | 9380462, 4.51%, 1/25/2027 | 7/30/2025 | 1608 | 1631 |
| 1300 | 9380735, 5.50%, 1/25/2027 | 7/30/2025 | 1237 | 1270 |
| 967 | 9380776, 4.73%, 1/25/2027 | 7/30/2025 | 956 | 934 |
| 2336 | 9380873, 4.51%, 1/25/2027 | 7/30/2025 | 2272 | 2069 |
| 1050 | 9380904, 4.53%, 1/25/2027 | 7/30/2025 | 1000 | 1034 |
| 4941 | 9380929, 6.12%, 1/25/2027 | 7/30/2025 | 4740 | 4783 |
| 1391 | 9381058, 6.11%, 1/25/2027 | 7/30/2025 | 1336 | 1346 |
| 26520 | 9381173, 4.52%, 1/25/2027 | 7/30/2025 | 25424 | 26025 |
| 51546 | 9383007, 4.52%, 1/25/2027 | 7/30/2025 | 50110 | 45766 |
| 1062 | 9392724, 5.50%, 1/25/2027 | 7/30/2025 | 1024 | 1012 |
| 5990 | 9393457, 6.12%, 1/25/2027 | 7/30/2025 | 5722 | 5816 |
| 3122 | 9402416, 5.26%, 1/25/2027 | 7/30/2025 | 3019 | 2964 |
| 9508 | 9405420, 4.95%, 1/25/2027 | 7/30/2025 | 9101 | 9294 |
| 1219 | 9415719, 4.97%, 1/25/2027 | 7/30/2025 | 1178 | 1149 |
| 7194 | 9416460, 6.12%, 1/25/2027 | 7/30/2025 | 6979 | 6737 |
| 8291 | 9423195, 6.12%, 1/25/2027 | 7/30/2025 | 7968 | 7977 |
| 1609 | 9452301, 6.42%, 1/25/2027 | 7/30/2025 | 1579 | 1470 |
| 465 | 9454384, 6.43%, 1/26/2027 | 7/31/2025 | 451 | 450 |
| 4162 | 9454490, 5.50%, 1/26/2027 | 7/31/2025 | 4055 | 863 |
| 5432 | 9454991, 4.95%, 1/26/2027 | 7/31/2025 | 5289 | 4388 |
| 2501 | 9455892, 4.52%, 1/26/2027 | 7/31/2025 | 2418 | 2401 |
| 11854 | 9456304, 4.95%, 1/26/2027 | 7/31/2025 | 11457 | 11218 |
| 1092 | 9457945, 4.51%, 1/26/2027 | 7/31/2025 | 1053 | 1068 |

---

*See Notes to Financial Statements.*

148 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 3004 | 9458160, 6.06%, 1/26/2027 | 7/31/2025 | 2975 | 2766 |
| 1615 | 9459212, 4.53%, 1/26/2027 | 7/31/2025 | 1530 | 1593 |
| 3269 | 9459585, 4.96%, 1/26/2027 | 7/31/2025 | 3142 | 3173 |
| 10063 | 9460514, 5.50%, 1/26/2027 | 7/31/2025 | 9632 | 9751 |
| 5207 | 9463057, 6.43%, 1/26/2027 | 7/31/2025 | 5076 | 4876 |
| 842 | 9464239, 4.52%, 1/26/2027 | 7/31/2025 | 788 | 819 |
| 921 | 9464732, 6.42%, 1/26/2027 | 7/31/2025 | 898 | 836 |
| 773 | 9464877, 6.14%, 1/26/2027 | 7/31/2025 | 744 | 734 |
| 1162 | 9465054, 5.49%, 1/26/2027 | 7/31/2025 | 1123 | 1098 |
| 1661 | 9465190, 5.50%, 1/26/2027 | 7/31/2025 | 1625 | 1144 |
| 11055 | 9465366, 4.52%, 1/26/2027 | 7/31/2025 | 10615 | 10823 |
| 892 | 9467682, 6.42%, 1/26/2027 | 7/31/2025 | 869 | 838 |
| 743 | 9468140, 6.42%, 1/26/2027 | 7/31/2025 | 727 | 645 |
| 2105 | 9468382, 5.75%, 1/26/2027 | 7/31/2025 | 2020 | 2025 |
| 9944 | 9469354, 4.95%, 1/26/2027 | 7/31/2025 | 9681 | 8010 |
| 13097 | 9470905, 4.94%, 1/27/2027 | 7/31/2025 | 12581 | 12712 |
| 4648 | 9473467, 4.51%, 1/27/2027 | 7/31/2025 | 4482 | 4528 |
| 1209 | 9474168, 6.40%, 1/27/2027 | 7/31/2025 | 1167 | 1155 |
| 1553 | 9480825, 4.95%, 1/27/2027 | 7/31/2025 | 1498 | 1499 |
| 979 | 9481456, 5.48%, 1/27/2027 | 7/31/2025 | 941 | 942 |
| 1815 | 9481588, 4.94%, 1/27/2027 | 7/31/2025 | 1744 | 1762 |
| 2531 | 9482087, 4.52%, 1/27/2027 | 7/31/2025 | 2407 | 2494 |
| 977 | 9482749, 4.93%, 1/27/2027 | 7/31/2025 | 933 | 957 |
| 6463 | 9483116, 4.51%, 1/27/2027 | 7/31/2025 | 6222 | 6305 |
| 22144 | 9484775, 4.51%, 1/27/2027 | 7/31/2025 | 21325 | 21618 |
|  | 9585410, 6.09%, 1/28/2027 | 7/31/2025 | (53) | (38) |
| 1608 | 9585497, 6.02%, 1/28/2027<sup>(e)</sup> | 7/31/2025 | 1600 | 145 |
| 3141 | 9585553, 6.04%, 1/28/2027 | 7/31/2025 | 3099 | 2576 |
| 2298 | 9585738, 5.26%, 1/28/2027 | 7/31/2025 | 2291 | 1853 |
| 17274 | 9585808, 4.50%, 1/28/2027 | 7/31/2025 | 16673 | 16754 |
| 1747 | 9586174, 6.09%, 1/28/2027 | 7/31/2025 | 1675 | 1691 |
| 8618 | 9586210, 5.48%, 1/28/2027 | 7/31/2025 | 8333 | 8144 |
| 3821 | 9586379, 5.24%, 1/28/2027 | 7/31/2025 | 3709 | 3469 |
| 1461 | 9586434, 6.10%, 1/28/2027 | 7/31/2025 | 1428 | 1213 |
| 9500 | 9586463, 4.51%, 1/28/2027 | 7/31/2025 | 9155 | 9231 |
| 9073 | 9586637, 5.24%, 1/28/2027 | 7/31/2025 | 8744 | 8685 |
| 4376 | 9586790, 4.94%, 1/28/2027 | 7/31/2025 | 4230 | 4175 |
| 7494 | 9586865, 6.10%, 1/28/2027 | 7/31/2025 | 7249 | 7039 |
| 17638 | 9586982, 6.25%, 1/28/2027 | 7/31/2025 | 17210 | 16869 |
| 4736 | 9587555, 5.24%, 1/28/2027 | 7/31/2025 | 4541 | 4609 |
| 2024 | 9587635, 6.09%, 1/28/2027 | 7/31/2025 | 1936 | 1962 |
| 3130 | 9588303, 4.50%, 1/28/2027 | 7/31/2025 | 2997 | 3074 |
| 798 | 9588370, 5.49%, 1/28/2027 | 7/31/2025 | 758 | 783 |
| 6972 | 9588388, 5.49%, 1/28/2027 | 7/31/2025 | 6659 | 6795 |
| 26127 | 9589821, 4.50%, 1/28/2027 | 7/31/2025 | 24689 | 25801 |
| 13845 | 9602163, 4.50%, 1/28/2027 | 7/31/2025 | 13181 | 13640 |
| 37465 | 9608706, 4.50%, 1/28/2027 | 7/31/2025 | 36197 | 36171 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 149

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 21768 | 9609191, 4.50%, 1/28/2027 | 7/31/2025 | 21040 | 20975 |
| 9542 | 9609341, 5.24%, 1/29/2027 | 8/1/2025 | 9196 | 9139 |
| 9642 | 9609627, 6.09%, 1/29/2027 | 8/1/2025 | 9391 | 8615 |
| 11357 | 9609914, 5.24%, 1/29/2027 | 8/1/2025 | 11012 | 10355 |
| 4199 | 9610125, 6.40%, 1/29/2027 | 8/1/2025 | 4060 | 3958 |
| 7808 | 9610346, 5.73%, 1/29/2027 | 8/1/2025 | 7515 | 7451 |
| 8674 | 9610595, 4.50%, 1/29/2027 | 8/1/2025 | 8286 | 8531 |
| 1593 | 9610729, 4.93%, 1/29/2027 | 8/1/2025 | 1523 | 1557 |
| 41570 | 9610736, 4.50%, 1/29/2027 | 8/1/2025 | 40003 | 40559 |
| 18709 | 9611397, 4.50%, 1/29/2027 | 8/1/2025 | 18013 | 18236 |
| 4898 | 9611662, 4.50%, 1/29/2027 | 8/1/2025 | 4723 | 4755 |
| 994 | 9611753, 4.51%, 1/29/2027 | 8/1/2025 | 949 | 977 |
| 4298 | 9611762, 5.48%, 1/29/2027 | 8/1/2025 | 4149 | 4080 |
| 14385 | 9611812, 4.50%, 1/29/2027 | 8/1/2025 | 13821 | 14069 |
| 942 | 9611961, 6.08%, 1/29/2027 | 8/1/2025 | 912 | 885 |
| 19841 | 9611968, 4.50%, 1/29/2027 | 8/1/2025 | 19104 | 19334 |
| 1726 | 9612229, 5.26%, 1/29/2027 | 8/1/2025 | 1721 | 1074 |
| 2236 | 9612269, 5.49%, 1/29/2027 | 8/1/2025 | 2060 | 2210 |
| 11506 | 9612411, 5.48%, 1/29/2027 | 8/1/2025 | 10963 | 11226 |
| 58774 | 9612576, 4.50%, 1/29/2027 | 8/1/2025 | 56743 | 56781 |
| 943 | 9613343, 6.24%, 1/29/2027 | 8/1/2025 | 934 | 639 |
| 656 | 9613353, 4.93%, 1/29/2027 | 8/1/2025 | 633 | 629 |
| 4006 | 9613530, 4.51%, 1/29/2027 | 8/1/2025 | 3849 | 3918 |
| 4393 | 9613570, 5.48%, 1/29/2027 | 8/1/2025 | 4084 | 4334 |
| 4295 | 9613798, 4.93%, 1/30/2027 | 8/4/2025 | 4139 | 4146 |
| 10142 | 9613868, 4.51%, 1/30/2027 | 8/4/2025 | 9761 | 9876 |
| 9078 | 9613943, 5.49%, 1/30/2027 | 8/4/2025 | 8849 | 6704 |
| 3362 | 9614053, 4.51%, 1/30/2027 | 8/4/2025 | 3233 | 3272 |
| 1278 | 9614111, 5.24%, 1/30/2027 | 8/4/2025 | 1232 | 1224 |
| 8625 | 9614130, 4.50%, 1/30/2027 | 8/4/2025 | 8310 | 8374 |
| 5290 | 9614252, 6.10%, 1/30/2027 | 8/4/2025 | 5133 | 4864 |
| 1212 | 9614337, 4.50%, 1/30/2027 | 8/4/2025 | 1160 | 1190 |
| 1718 | 9614355, 6.40%, 1/30/2027 | 8/4/2025 | 1670 | 1568 |
| 2763 | 9614385, 6.08%, 1/30/2027 | 8/4/2025 | 2711 | 1588 |
| 1533 | 9614429, 4.50%, 1/30/2027 | 8/4/2025 | 1484 | 1465 |
| 4094 | 9614569, 4.50%, 1/30/2027 | 8/4/2025 | 3954 | 3950 |
| 1145 | 9614702, 6.09%, 1/30/2027 | 8/4/2025 | 1077 | 1114 |
| 16066 | 9614794, 4.50%, 1/30/2027 | 8/4/2025 | 15419 | 15657 |
| 16424 | 9615030, 4.50%, 1/30/2027 | 8/4/2025 | 15844 | 15942 |
| 1243 | 9615187, 6.09%, 1/30/2027 | 8/4/2025 | 1193 | 1196 |
| 1211 | 9615214, 4.50%, 1/30/2027 | 8/4/2025 | 1162 | 1186 |
| 30073 | 9615226, 4.50%, 1/30/2027 | 8/4/2025 | 28741 | 29534 |
| 54485 | 9615548, 4.50%, 1/30/2027 | 8/4/2025 | 52545 | 52540 |
| 28508 | 9615970, 4.50%, 1/30/2027 | 8/4/2025 | 27494 | 27535 |
| 5522 | 9616303, 6.10%, 1/30/2027 | 8/4/2025 | 5310 | 5299 |
| 15624 | 9616336, 6.40%, 1/30/2027<sup>(e)</sup> | 8/4/2025 | 15391 | 70 |

---

*See Notes to Financial Statements.*

150 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 19771 | 9616365, 4.50%, 1/30/2027 | 8/4/2025 | 19128 | 18934 |
| 5198 | 9616467, 4.50%, 1/30/2027 | 8/4/2025 | 4947 | 5117 |
| 1006 | 9616533, 5.28%, 1/30/2027 | 8/4/2025 | 998 | 952 |
| 2046 | 9616537, 6.40%, 1/30/2027 | 8/4/2025 | 2003 | 1628 |
| 29616 | 9616558, 6.40%, 1/30/2027 | 8/4/2025 | 28435 | 28346 |
| 6217 | 9616855, 4.50%, 1/30/2027 | 8/4/2025 | 5968 | 6082 |
| 1893 | 9616888, 4.50%, 1/30/2027 | 8/4/2025 | 1813 | 1858 |
| 938 | 9616901, 6.09%, 1/30/2027 | 8/4/2025 | 897 | 902 |
| 4376 | 9616916, 4.51%, 1/30/2027 | 8/4/2025 | 4209 | 4260 |
| 3341 | 9616945, 6.09%, 1/30/2027 | 8/4/2025 | 3150 | 3255 |
| 1304 | 9617005, 4.51%, 1/30/2027 | 8/4/2025 | 1248 | 1281 |
| 24784 | 9617024, 4.93%, 1/30/2027 | 8/4/2025 | 23721 | 24203 |
| 2445 | 9617331, 6.10%, 1/30/2027 | 8/4/2025 | 2365 | 2299 |
| 2027 | 9617349, 6.04%, 1/30/2027 | 8/4/2025 | 2011 | 1493 |
| 3271 | 9617379, 4.94%, 1/30/2027 | 8/4/2025 | 3090 | 3216 |
| 1460 | 9617404, 6.11%, 1/30/2027 | 8/4/2025 | 1416 | 1350 |
| 1438 | 9617427, 5.28%, 1/30/2027 | 8/4/2025 | 1432 | 1252 |
| 11566 | 9617449, 4.50%, 1/30/2027 | 8/4/2025 | 11178 | 11161 |
| 13339 | 9617557, 4.93%, 1/30/2027 | 8/4/2025 | 12913 | 12591 |
| 719 | 9617608, 4.52%, 1/30/2027 | 8/4/2025 | 671 | 712 |
| 2034 | 9617620, 6.26%, 1/30/2027 | 8/4/2025 | 2010 | 1649 |
| 5985 | 9617627, 6.40%, 1/30/2027 | 8/4/2025 | 5737 | 5803 |
| 3851 | 9617667, 5.24%, 1/30/2027 | 8/4/2025 | 3724 | 3604 |
| 2881 | 9617766, 6.40%, 1/30/2027 | 8/4/2025 | 2759 | 2792 |
| 658 | 9617818, 4.50%, 1/30/2027 | 8/4/2025 | 614 | 653 |
| 8362 | 9617838, 4.50%, 1/30/2027 | 8/4/2025 | 8054 | 8124 |
| 4714 | 9617947, 4.50%, 1/30/2027 | 8/4/2025 | 4513 | 4629 |
| 4044 | 9620708, 4.52%, 1/31/2027 | 8/5/2025 | 3875 | 3967 |
| 1162 | 9620779, 5.50%, 1/31/2027 | 8/5/2025 | 1115 | 1116 |
| 2744 | 9620795, 5.75%, 1/31/2027 | 8/5/2025 | 2638 | 2617 |
| 2049 | 9620892, 6.11%, 1/31/2027 | 8/5/2025 | 1994 | 1738 |
| 2188 | 9620942, 5.50%, 1/31/2027 | 8/5/2025 | 2097 | 2117 |
| 3168 | 9620991, 5.76%, 1/31/2027 | 8/5/2025 | 3064 | 2962 |
| 11859 | 9621032, 4.52%, 1/31/2027 | 8/5/2025 | 11363 | 11612 |
| 5067 | 9621223, 5.26%, 1/31/2027 | 8/5/2025 | 4899 | 4743 |
| 1136 | 9621324, 6.26%, 1/31/2027<sup>(e)</sup> | 8/5/2025 | 1126 | 100 |
| 9985 | 9621406, 4.52%, 1/31/2027 | 8/5/2025 | 9563 | 9787 |
| 6800 | 9621751, 5.75%, 1/31/2027 | 8/5/2025 | 6265 | 6595 |
| 5750 | 9622178, 4.52%, 1/31/2027 | 8/5/2025 | 5525 | 5621 |
| 51510 | 9622256, 4.95%, 1/31/2027 | 8/5/2025 | 49629 | 49289 |
| 13890 | 9622815, 5.75%, 1/31/2027 | 8/5/2025 | 13596 | 9082 |
| 4871 | 9623156, 4.52%, 1/31/2027 | 8/5/2025 | 4692 | 4724 |
| 5490 | 9623233, 4.52%, 1/31/2027 | 8/5/2025 | 5259 | 5384 |
| 6210 | 9623265, 4.52%, 1/31/2027 | 8/5/2025 | 5865 | 6128 |
| 5882 | 9623387, 5.50%, 1/31/2027 | 8/5/2025 | 5719 | 5218 |
| 1689 | 9623459, 5.52%, 1/31/2027<sup>(e)</sup> | 8/5/2025 | 1651 | 1061 |
| 3802 | 9623479, 6.43%, 1/31/2027 | 8/5/2025 | 3728 | 1651 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 151

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 13260 | 9623505, 5.29%, 1/31/2027 | 8/5/2025 | 13223 | 5249 |
| 4839 | 9623576, 4.95%, 1/31/2027 | 8/5/2025 | 4656 | 4671 |
| 14996 | 9623592, 6.27%, 1/31/2027 | 8/5/2025 | 14865 | 6603 |
| 1350 | 9623716, 4.52%, 1/31/2027 | 8/5/2025 | 1295 | 1321 |
| 29901 | 9623721, 4.52%, 1/31/2027 | 8/5/2025 | 28891 | 28704 |
| 3197 | 9623999, 6.42%, 1/31/2027 | 8/5/2025 | 3110 | 2938 |
| 3504 | 9624027, 5.50%, 1/31/2027 | 8/5/2025 | 3390 | 3247 |
| 20416 | 9624068, 4.52%, 1/31/2027 | 8/5/2025 | 19524 | 20050 |
| 8881 | 9624355, 4.95%, 1/31/2027 | 8/5/2025 | 8427 | 8719 |
| 24028 | 9624449, 4.95%, 1/31/2027 | 8/5/2025 | 22985 | 23441 |
| 1873 | 9624672, 4.52%, 1/31/2027 | 8/5/2025 | 1805 | 1816 |
| 4423 | 9624696, 6.27%, 1/31/2027 | 8/5/2025 | 4361 | 3856 |
| 18339 | 9624903, 5.50%, 1/31/2027 | 8/5/2025 | 17211 | 18017 |
| 3590 | 9625309, 6.42%, 2/1/2027 | 8/6/2025 | 3411 | 3480 |
| 7524 | 9625456, 5.26%, 2/1/2027<sup>(e)</sup> | 8/6/2025 | 7349 | 5187 |
| 8028 | 9625588, 6.06%, 2/1/2027 | 8/6/2025 | 7922 | 7380 |
| 3366 | 9625867, 4.52%, 2/1/2027 | 8/6/2025 | 3239 | 3277 |
| 2306 | 9625941, 4.94%, 2/1/2027 | 8/6/2025 | 2229 | 2180 |
| 1659 | 9625991, 6.43%, 2/1/2027 | 8/6/2025 | 1614 | 1572 |
| 3004 | 9626033, 4.52%, 2/1/2027 | 8/6/2025 | 2886 | 2935 |
| 1636 | 9626734, 5.29%, 2/1/2027 | 8/6/2025 | 1616 | 1565 |
| 3281 | 9626839, 6.43%, 2/1/2027 | 8/6/2025 | 3178 | 3041 |
| 1076 | 9626871, 6.43%, 2/1/2027 | 8/6/2025 | 1037 | 1036 |
| 2262 | 9626893, 6.42%, 2/1/2027 | 8/6/2025 | 2179 | 2159 |
| 21831 | 9626915, 6.12%, 2/1/2027 | 8/6/2025 | 20887 | 21004 |
| 14521 | 9627295, 5.50%, 2/1/2027 | 8/6/2025 | 14034 | 13650 |
| 3842 | 9627465, 4.52%, 2/1/2027 | 8/6/2025 | 3670 | 3775 |
| 2243 | 9627534, 4.53%, 2/1/2027 | 8/6/2025 | 2153 | 2192 |
| 9546 | 9627594, 4.52%, 2/1/2027 | 8/6/2025 | 9166 | 9333 |
| 886 | 9627763, 6.25%, 2/1/2027 | 8/6/2025 | 873 | 772 |
| 2451 | 9627767, 4.52%, 2/1/2027 | 8/6/2025 | 2366 | 2367 |
| 4707 | 9627783, 6.11%, 2/1/2027 | 8/6/2025 | 4590 | 3932 |
| 9264 | 9627808, 4.52%, 2/1/2027 | 8/6/2025 | 8908 | 9026 |
| 2456 | 9627919, 5.75%, 2/1/2027 | 8/6/2025 | 2371 | 2324 |
| 28340 | 9627980, 4.95%, 2/1/2027 | 8/6/2025 | 27256 | 27355 |
| 877 | 9628519, 5.75%, 2/1/2027 | 8/6/2025 | 838 | 851 |
| 1935 | 9628528, 5.50%, 2/1/2027 | 8/6/2025 | 1864 | 1840 |
| 2914 | 9628547, 4.52%, 2/1/2027 | 8/6/2025 | 2798 | 2848 |
| 947 | 9628719, 5.51%, 2/1/2027 | 8/6/2025 | 902 | 900 |
| 2482 | 9628741, 4.52%, 2/1/2027 | 8/6/2025 | 2407 | 2226 |
| 9803 | 9628778, 6.27%, 2/1/2027 | 8/6/2025 | 9707 | 4874 |
| 3905 | 9628970, 6.27%, 2/1/2027 | 8/6/2025 | 3816 | 3720 |
| 5039 | 9629031, 6.27%, 2/1/2027 | 8/6/2025 | 4728 | 4925 |
| 7172 | 9629209, 6.42%, 2/1/2027 | 8/6/2025 | 7082 | 650 |
| 515 | 9629329, 5.31%, 2/1/2027 | 8/6/2025 | 512 | 451 |
| 9476 | 9629443, 5.51%, 2/1/2027 | 8/6/2025 | 9040 | 9224 |

---

*See Notes to Financial Statements.*

152 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1036 | 9629586, 6.42%, 2/1/2027 | 8/6/2025 | 1007 | 980 |
| 4081 | 9629637, 4.52%, 2/1/2027 | 8/6/2025 | 3911 | 4001 |
| 2819 | 9629714, 5.25%, 2/2/2027 | 8/7/2025 | 2716 | 2684 |
| 13442 | 9629749, 4.52%, 2/2/2027 | 8/7/2025 | 12846 | 13188 |
| 3873 | 9629838, 5.50%, 2/2/2027 | 8/7/2025 | 3740 | 3647 |
| 3628 | 9629857, 4.52%, 2/2/2027 | 8/7/2025 | 3472 | 3557 |
| 2471 | 9629875, 4.52%, 2/2/2027 | 8/7/2025 | 2350 | 2431 |
| 9570 | 9629884, 6.27%, 2/2/2027 | 8/7/2025 | 9412 | 7510 |
| 1912 | 9629938, 4.53%, 2/2/2027 | 8/7/2025 | 1857 | 1698 |
| 5546 | 9629951, 4.95%, 2/2/2027 | 8/7/2025 | 5319 | 5387 |
| 639 | 9629981, 6.06%, 2/2/2027 | 8/7/2025 | 583 | 628 |
| 4590 | 9630065, 4.52%, 2/2/2027 | 8/7/2025 | 4412 | 4471 |
| 1816 | 9630091, 6.43%, 2/2/2027<sup>(e)</sup> | 8/7/2025 | 1780 | 1382 |
| 16577 | 9630110, 4.52%, 2/2/2027 | 8/7/2025 | 15969 | 16088 |
| 1605 | 9630183, 5.26%, 2/2/2027 | 8/7/2025 | 1517 | 1578 |
| 3586 | 9630210, 4.52%, 2/2/2027 | 8/7/2025 | 3454 | 3481 |
| 7161 | 9630227, 4.52%, 2/2/2027 | 8/7/2025 | 6965 | 6246 |
| 3022 | 9630269, 6.12%, 2/2/2027 | 8/7/2025 | 2835 | 2949 |
| 2966 | 9630295, 6.43%, 2/2/2027 | 8/7/2025 | 2876 | 2708 |
| 11768 | 9630306, 5.26%, 2/2/2027 | 8/7/2025 | 11351 | 11165 |
| 3368 | 9630371, 5.75%, 2/2/2027 | 8/7/2025 | 3053 | 3328 |
| 1342 | 9630453, 6.42%, 2/2/2027 | 8/7/2025 | 1308 | 1189 |
| 1529 | 9630464, 5.50%, 2/2/2027 | 8/7/2025 | 1468 | 1468 |
| 617 | 9630481, 6.08%, 2/2/2027 | 8/7/2025 | 609 | 566 |
|  | 9630487, 6.41%, 2/3/2027 | 8/7/2025 | (839) |  |
| 1265 | 9630527, 4.51%, 2/3/2027 | 8/7/2025 | 1208 | 1243 |
| 2117 | 9630532, 5.25%, 2/3/2027 | 8/7/2025 | 2017 | 2068 |
| 11226 | 9630549, 4.94%, 2/3/2027 | 8/7/2025 | 10685 | 11010 |
| 4545 | 9630628, 5.25%, 2/3/2027 | 8/7/2025 | 4400 | 4138 |
| 1549 | 9630656, 4.51%, 2/3/2027 | 8/7/2025 | 1497 | 1487 |
| 2674 | 9630663, 6.41%, 2/3/2027 | 8/7/2025 | 2614 | 2285 |
| 2824 | 9630691, 4.94%, 2/3/2027 | 8/7/2025 | 2697 | 2758 |
| 3868 | 9630731, 4.51%, 2/3/2027 | 8/7/2025 | 3720 | 3768 |
| 4204 | 9630750, 4.51%, 2/3/2027 | 8/7/2025 | 4050 | 4062 |
| 1673 | 9630779, 4.52%, 2/3/2027 | 8/7/2025 | 1613 | 1615 |
| 5218 | 9630787, 5.50%, 2/3/2027 | 8/7/2025 | 5047 | 4828 |
| 15733 | 9630820, 4.94%, 2/3/2027 | 8/7/2025 | 15256 | 12949 |
| 2575 | 9630891, 4.94%, 2/3/2027 | 8/7/2025 | 2473 | 2479 |
| 585 | 9630900, 5.29%, 2/3/2027 | 8/7/2025 | 582 | 269 |
| 974 | 9630904, 4.53%, 2/3/2027 | 8/7/2025 | 936 | 950 |
| 2391 | 9630913, 6.10%, 2/3/2027 | 8/7/2025 | 2287 | 2312 |
| 7157 | 9630932, 6.41%, 2/3/2027 | 8/7/2025 | 6991 | 5719 |
| 802 | 9630970, 6.42%, 2/3/2027 | 8/7/2025 | 775 | 764 |
| 19031 | 9630976, 5.74%, 2/3/2027 | 8/7/2025 | 18414 | 17351 |
| 2620 | 9631065, 5.49%, 2/3/2027 | 8/7/2025 | 2536 | 2162 |
| 250 | 9631081, 6.02%, 2/3/2027 | 8/7/2025 | 243 | 243 |
| 2159 | 9631084, 5.24%, 2/3/2027 | 8/7/2025 | 2095 | 1708 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 153

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1377 | 9631144, 5.49%, 2/3/2027 | 8/7/2025 | 1241 | 1360 |
| 7129 | 9632292, 4.51%, 2/4/2027 | 8/7/2025 | 6848 | 6951 |
| 14935 | 9632466, 4.50%, 2/4/2027 | 8/7/2025 | 14331 | 14601 |
| 3800 | 9632741, 4.50%, 2/4/2027 | 8/7/2025 | 3645 | 3717 |
| 1175 | 9632837, 6.09%, 2/4/2027 | 8/7/2025 | 1142 | 1051 |
| 8121 | 9632858, 4.93%, 2/4/2027 | 8/7/2025 | 7862 | 7517 |
| 11960 | 9632961, 4.50%, 2/4/2027 | 8/7/2025 | 11469 | 11694 |
| 443 | 9633250, 5.29%, 2/4/2027 | 8/7/2025 | 440 | 401 |
| 8756 | 9633279, 6.40%, 2/4/2027 | 8/7/2025 | 8541 | 7710 |
| 1939 | 9633421, 6.40%, 2/4/2027<sup>(e)</sup> | 8/7/2025 | 1904 | 1200 |
| 2074 | 9633424, 4.50%, 2/4/2027 | 8/7/2025 | 1979 | 2039 |
| 2338 | 9633439, 5.27%, 2/4/2027 | 8/7/2025 | 2326 | 1926 |
| 1608 | 9633465, 5.73%, 2/4/2027 | 8/7/2025 | 1546 | 1530 |
| 2513 | 9633483, 4.93%, 2/4/2027 | 8/7/2025 | 2415 | 2437 |
| 11564 | 9633505, 5.24%, 2/4/2027 | 8/7/2025 | 11258 | 8863 |
| 19656 | 9633603, 5.24%, 2/4/2027 | 8/7/2025 | 18851 | 18936 |
| 11422 | 9633772, 4.50%, 2/4/2027 | 8/7/2025 | 10975 | 11137 |
| 2622 | 9633862, 4.50%, 2/4/2027 | 8/7/2025 | 2527 | 2527 |
| 3623 | 9633872, 4.50%, 2/4/2027 | 8/7/2025 | 3495 | 3499 |
| 8997 | 9633922, 4.51%, 2/4/2027 | 8/7/2025 | 8624 | 8795 |
| 2851 | 9633998, 4.50%, 2/4/2027 | 8/7/2025 | 2735 | 2790 |
| 177 | 9634020, 6.44%, 2/4/2027 | 8/7/2025 | 175 | 161 |
| 11928 | 9634037, 5.24%, 2/4/2027 | 8/7/2025 | 11563 | 9083 |
| 173 | 9634116, 6.40%, 2/4/2027 | 8/7/2025 | 158 | 170 |
| 2995 | 9634119, 4.93%, 2/4/2027 | 8/7/2025 | 2871 | 2911 |
| 1402 | 9634149, 4.92%, 2/4/2027 | 8/7/2025 | 1361 | 1147 |
| 3820 | 9634172, 4.50%, 2/4/2027 | 8/7/2025 | 3613 | 3769 |
| 964 | 9634189, 5.72%, 2/4/2027 | 8/7/2025 | 925 | 925 |
| 8884 | 9634196, 4.50%, 2/4/2027 | 8/7/2025 | 8540 | 8661 |
| 5301 | 9634293, 5.73%, 2/4/2027<sup>(e)</sup> | 8/7/2025 | 5189 | 3307 |
| 1166 | 9634377, 5.72%, 2/4/2027 | 8/7/2025 | 1116 | 1121 |
| 1296 | 9634414, 4.51%, 2/4/2027 | 8/7/2025 | 1246 | 1263 |
| 2767 | 9634427, 6.24%, 2/4/2027 | 8/7/2025 | 2704 | 2606 |
| 4520 | 9634469, 4.93%, 2/4/2027 | 8/7/2025 | 4286 | 4440 |
| 2139 | 9634533, 5.72%, 2/4/2027 | 8/7/2025 | 2062 | 2024 |
| 844 | 9634543, 6.39%, 2/4/2027 | 8/7/2025 | 823 | 789 |
| 23063 | 9634597, 4.93%, 2/4/2027 | 8/7/2025 | 22222 | 22034 |
| 42839 | 9634782, 4.50%, 2/4/2027 | 8/7/2025 | 41272 | 41511 |
| 942 | 9635246, 5.25%, 2/4/2027 | 8/7/2025 | 898 | 918 |
| 3256 | 9635267, 4.93%, 2/4/2027 | 8/7/2025 | 3115 | 3175 |
| 9647 | 9635303, 4.50%, 2/4/2027 | 8/7/2025 | 9101 | 9520 |
| 6613 | 9635407, 6.40%, 2/4/2027 | 8/7/2025 | 6363 | 6314 |
| 7213 | 9635458, 4.50%, 2/4/2027 | 8/7/2025 | 6920 | 7046 |
| 1468 | 9635509, 5.72%, 2/4/2027 | 8/7/2025 | 1414 | 1393 |
| 20574 | 9635587, 4.50%, 2/4/2027 | 8/7/2025 | 19618 | 20220 |
| 9297 | 9635856, 4.51%, 2/4/2027 | 8/7/2025 | 8949 | 9026 |

---

*See Notes to Financial Statements.*

154 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2185 | 9635999, 4.92%, 2/4/2027 | 8/7/2025 | 2119 | 1795 |
| 8258 | 9636030, 6.40%, 2/4/2027 | 8/7/2025 | 8075 | 6603 |
| 1689 | 9636166, 6.25%, 2/4/2027 | 8/7/2025 | 1635 | 1622 |
| 1050 | 9636188, 5.72%, 2/4/2027 | 8/7/2025 | 1011 | 997 |
| 17515 | 9636193, 4.50%, 2/4/2027 | 8/7/2025 | 16761 | 17193 |
| 15598 | 9636338, 4.50%, 2/4/2027 | 8/7/2025 | 14975 | 15206 |
| 1744 | 9636667, 4.50%, 2/4/2027 | 8/7/2025 | 1675 | 1705 |
| 15413 | 9636899, 4.50%, 2/4/2027 | 8/7/2025 | 14778 | 15084 |
| 2657 | 9637204, 4.93%, 2/5/2027 | 8/8/2025 | 2532 | 2604 |
| 2781 | 9637873, 5.49%, 2/5/2027 | 8/8/2025 | 2680 | 2619 |
| 225 | 9637912, 5.47%, 2/5/2027 | 8/8/2025 | 207 | 223 |
| 12676 | 9637933, 4.93%, 2/5/2027 | 8/8/2025 | 12241 | 11980 |
| 3849 | 9638191, 4.51%, 2/5/2027 | 8/8/2025 | 3705 | 3737 |
| 1716 | 9638288, 4.52%, 2/5/2027 | 8/8/2025 | 1653 | 1669 |
| 9760 | 9638316, 6.09%, 2/5/2027 | 8/8/2025 | 9408 | 9240 |
| 11201 | 9638370, 5.27%, 2/5/2027 | 8/8/2025 | 11135 | 9814 |
| 1860 | 9638525, 4.50%, 2/5/2027 | 8/8/2025 | 1783 | 1820 |
|  | 9638533, 5.26%, 2/5/2027 | 8/8/2025 | (11) | (8) |
| 9054 | 9638558, 5.24%, 2/5/2027 | 8/8/2025 | 8666 | 8740 |
| 10455 | 9638707, 6.10%, 2/5/2027 | 8/8/2025 | 10116 | 9665 |
| 1568 | 9638805, 4.52%, 2/5/2027 | 8/8/2025 | 1505 | 1535 |
| 841 | 9638846, 6.04%, 2/5/2027 | 8/8/2025 | 822 | 811 |
| 871 | 9638854, 6.39%, 2/5/2027 | 8/8/2025 | 827 | 846 |
| 11584 | 9638910, 4.50%, 2/5/2027 | 8/8/2025 | 11209 | 10464 |
| 3018 | 9639033, 6.09%, 2/5/2027 | 8/8/2025 | 2885 | 2898 |
| 1428 | 9639074, 6.40%, 2/5/2027 | 8/8/2025 | 1359 | 1386 |
| 816 | 9639084, 6.39%, 2/5/2027 | 8/8/2025 | 790 | 757 |
| 5896 | 9639151, 4.50%, 2/5/2027 | 8/8/2025 | 5655 | 5766 |
| 3995 | 9639214, 6.09%, 2/5/2027 | 8/8/2025 | 3822 | 3845 |
| 6848 | 9639271, 5.49%, 2/5/2027 | 8/8/2025 | 6548 | 6631 |
|  | 9639438, 6.09%, 2/5/2027 | 8/8/2025 | (415) | (422) |
| 1193 | 9639620, 5.48%, 2/5/2027 | 8/8/2025 | 1140 | 1156 |
| 7816 | 9639634, 6.40%, 2/5/2027 | 8/8/2025 | 7590 | 7112 |
| 3259 | 9639680, 4.51%, 2/5/2027 | 8/8/2025 | 3117 | 3198 |
| 5614 | 9639703, 4.93%, 2/5/2027 | 8/8/2025 | 5385 | 5450 |
|  | 9639717, 5.25%, 2/5/2027 | 8/8/2025 | (44) | (10) |
| 22094 | 9639720, 5.24%, 2/5/2027 | 8/8/2025 | 20784 | 21752 |
| 12583 | 9640082, 6.09%, 2/5/2027 | 8/8/2025 | 12273 | 10521 |
| 3473 | 9640130, 4.50%, 2/5/2027 | 8/8/2025 | 3344 | 3372 |
| 4780 | 9640143, 4.50%, 2/5/2027 | 8/8/2025 | 4604 | 4635 |
| 3583 | 9640174, 4.51%, 2/5/2027 | 8/8/2025 | 3447 | 3485 |
| 804 | 9640189, 6.08%, 2/5/2027 | 8/8/2025 | 762 | 782 |
| 2697 | 9640192, 6.09%, 2/5/2027<sup>(e)</sup> | 8/8/2025 | 2645 | 233 |
| 18050 | 9640194, 4.50%, 2/5/2027 | 8/8/2025 | 17332 | 17636 |
| 3312 | 9640366, 4.50%, 2/5/2027 | 8/8/2025 | 3188 | 3212 |
| 4727 | 9640380, 6.03%, 2/5/2027 | 8/8/2025 | 4463 | 4615 |
| 6849 | 9640506, 6.10%, 2/5/2027 | 8/8/2025 | 6618 | 5986 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 155

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 6842 | 9640793, 5.24%, 2/5/2027 | 8/8/2025 | 6561 | 6593 |
| 1511 | 9640856, 6.09%, 2/5/2027 | 8/8/2025 | 1460 | 1416 |
| 4793 | 9640868, 4.51%, 2/5/2027 | 8/8/2025 | 4604 | 4681 |
| 8095 | 9640888, 6.40%, 2/5/2027 | 8/8/2025 | 7779 | 7733 |
| 2961 | 9641018, 4.50%, 2/5/2027 | 8/8/2025 | 2858 | 2854 |
| 1560 | 9641031, 6.09%, 2/5/2027 | 8/8/2025 | 1515 | 1401 |
| 16193 | 9641094, 4.50%, 2/5/2027 | 8/8/2025 | 15575 | 15764 |
| 1579 | 9641216, 4.50%, 2/5/2027 | 8/8/2025 | 1520 | 1529 |
| 377 | 9641225, 6.00%, 2/5/2027 | 8/8/2025 | 372 | 346 |
| 5571 | 9641226, 4.93%, 2/5/2027 | 8/8/2025 | 5332 | 5428 |
| 1017 | 9641293, 6.03%, 2/5/2027 | 8/8/2025 | 1007 | 840 |
| 4311 | 9641309, 4.50%, 2/5/2027 | 8/8/2025 | 4130 | 4225 |
| 5194 | 9641348, 4.50%, 2/5/2027 | 8/8/2025 | 4937 | 5116 |
| 8877 | 9641433, 5.24%, 2/5/2027 | 8/8/2025 | 8555 | 8438 |
| 3889 | 9641510, 5.48%, 2/5/2027 | 8/8/2025 | 3760 | 3602 |
| 3093 | 9641552, 5.73%, 2/5/2027 | 8/8/2025 | 3008 | 2642 |
| 5350 | 9641652, 4.50%, 2/6/2027 | 8/11/2025 | 5126 | 5237 |
| 10840 | 9641723, 4.50%, 2/6/2027 | 8/11/2025 | 10382 | 10595 |
| 15994 | 9641903, 4.50%, 2/6/2027 | 8/11/2025 | 15271 | 15698 |
| 27146 | 9642145, 4.50%, 2/6/2027 | 8/11/2025 | 26132 | 26342 |
| 1706 | 9642448, 5.48%, 2/6/2027 | 8/11/2025 | 1635 | 1635 |
| 3966 | 9642475, 5.27%, 2/6/2027 | 8/11/2025 | 3924 | 3597 |
| 3507 | 9642621, 6.24%, 2/6/2027 | 8/11/2025 | 3451 | 2452 |
| 1239 | 9642704, 4.52%, 2/6/2027 | 8/11/2025 | 1172 | 1220 |
| 8840 | 9642726, 4.50%, 2/6/2027 | 8/11/2025 | 8527 | 8515 |
| 2450 | 9642881, 4.93%, 2/6/2027 | 8/11/2025 | 2358 | 2360 |
| 24663 | 9642894, 4.50%, 2/6/2027 | 8/11/2025 | 23641 | 24121 |
| 33602 | 9643039, 5.24%, 2/6/2027 | 8/11/2025 | 32756 | 24574 |
| 2180 | 9643253, 6.39%, 2/6/2027 | 8/11/2025 | 2068 | 2115 |
| 2312 | 9643278, 5.27%, 2/6/2027 | 8/11/2025 | 2293 | 2100 |
| 12978 | 9643323, 5.48%, 2/6/2027 | 8/11/2025 | 12391 | 12543 |
| 294 | 9643535, 4.93%, 2/6/2027 | 8/11/2025 | 272 | 291 |
| 5333 | 9643546, 4.50%, 2/6/2027 | 8/11/2025 | 5129 | 5190 |
| 12784 | 9643624, 4.50%, 2/6/2027 | 8/11/2025 | 12202 | 12550 |
| 3554 | 9643770, 5.49%, 2/6/2027 | 8/11/2025 | 3420 | 3373 |
| 951 | 9643797, 6.10%, 2/6/2027 | 8/11/2025 | 916 | 900 |
| 1916 | 9644070, 6.09%, 2/6/2027 | 8/11/2025 | 1849 | 1794 |
| 27856 | 9644087, 4.50%, 2/6/2027 | 8/11/2025 | 26793 | 27032 |
| 1934 | 9644269, 4.50%, 2/6/2027 | 8/11/2025 | 1857 | 1891 |
| 859 | 9644281, 6.03%, 2/6/2027<sup>(e)</sup> | 8/11/2025 | 852 | 552 |
| 34249 | 9644304, 4.50%, 2/6/2027 | 8/11/2025 | 32869 | 33460 |
| 4147 | 9644588, 5.24%, 2/6/2027 | 8/11/2025 | 3983 | 3977 |
| 3760 | 9644616, 5.24%, 2/6/2027 | 8/11/2025 | 3635 | 3497 |
| 2421 | 9644657, 4.51%, 2/6/2027 | 8/11/2025 | 2319 | 2368 |
| 3047 | 9644684, 4.50%, 2/6/2027 | 8/11/2025 | 2914 | 2986 |
|  | 9644715, 6.24%, 2/6/2027 | 8/11/2025 | (177) |  |

---

*See Notes to Financial Statements.*

156 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 380 | 9644728, 5.26%, 2/6/2027 | 8/11/2025 | 372 | 364 |
| 9496 | 9644734, 4.93%, 2/6/2027 | 8/11/2025 | 8968 | 9338 |
| 28918 | 9644798, 4.50%, 2/6/2027 | 8/11/2025 | 27406 | 28476 |
| 230 | 9644966, 6.42%, 2/6/2027 | 8/11/2025 | 216 | 225 |
| 1930 | 9644969, 6.40%, 2/6/2027 | 8/11/2025 | 1888 | 1716 |
| 23238 | 9644998, 4.50%, 2/6/2027 | 8/11/2025 | 22187 | 22811 |
| 54514 | 9645224, 4.50%, 2/6/2027 | 8/11/2025 | 53076 | 46335 |
| 6892 | 9645419, 4.50%, 2/6/2027 | 8/11/2025 | 6625 | 6703 |
| 10932 | 9645509, 6.09%, 2/6/2027 | 8/11/2025 | 10562 | 10084 |
| 3649 | 9645581, 4.51%, 2/6/2027 | 8/11/2025 | 3516 | 3523 |
| 95 | 9645602, 6.39%, 2/6/2027 | 8/11/2025 | 85 | 93 |
| 7903 | 9645614, 5.48%, 2/6/2027 | 8/11/2025 | 7588 | 7566 |
| 5734 | 9645679, 5.24%, 2/6/2027 | 8/11/2025 | 5312 | 5676 |
| 2973 | 9645781, 4.50%, 2/6/2027 | 8/11/2025 | 2845 | 2916 |
| 1606 | 9645814, 5.27%, 2/6/2027 | 8/11/2025 | 1590 | 1456 |
| 5117 | 9645827, 4.51%, 2/6/2027 | 8/11/2025 | 4919 | 4980 |
| 6840 | 9645855, 6.10%, 2/6/2027 | 8/11/2025 | 6558 | 6552 |
| 2471 | 9648567, 6.43%, 2/7/2027 | 8/12/2025 | 2394 | 2342 |
| 1337 | 9648610, 4.51%, 2/7/2027 | 8/12/2025 | 1282 | 1307 |
| 784 | 9648624, 6.43%, 2/7/2027 | 8/12/2025 | 756 | 727 |
| 7229 | 9648683, 5.75%, 2/7/2027 | 8/12/2025 | 6892 | 6958 |
| 1264 | 9648849, 6.41%, 2/7/2027 | 8/12/2025 | 1239 | 763 |
| 2676 | 9648878, 5.76%, 2/7/2027 | 8/12/2025 | 2574 | 2533 |
| 587 | 9648948, 5.27%, 2/7/2027 | 8/12/2025 | 582 | 555 |
| 532 | 9648964, 6.43%, 2/7/2027 | 8/12/2025 | 481 | 526 |
| 579 | 9649006, 5.75%, 2/7/2027 | 8/12/2025 | 529 | 573 |
| 1795 | 9649049, 4.53%, 2/7/2027 | 8/12/2025 | 1730 | 1734 |
| 34383 | 9649177, 4.52%, 2/7/2027 | 8/12/2025 | 33292 | 30758 |
| 3550 | 9649727, 4.52%, 2/7/2027 | 8/12/2025 | 3396 | 3479 |
| 7537 | 9649756, 6.12%, 2/7/2027 | 8/12/2025 | 7333 | 6326 |
| 16756 | 9649798, 5.75%, 2/7/2027 | 8/12/2025 | 16114 | 15832 |
| 12039 | 9649961, 6.42%, 2/7/2027 | 8/12/2025 | 11817 | 5010 |
| 6470 | 9650077, 5.29%, 2/7/2027 | 8/12/2025 | 6411 | 5184 |
| 1253 | 9650277, 6.42%, 2/7/2027 | 8/12/2025 | 1198 | 1209 |
| 9552 | 9650311, 4.52%, 2/7/2027 | 8/12/2025 | 9206 | 9218 |
| 3509 | 9650422, 5.26%, 2/7/2027 | 8/12/2025 | 3315 | 3447 |
| 15512 | 9650496, 5.26%, 2/7/2027 | 8/12/2025 | 14809 | 15083 |
| 1514 | 9650648, 5.50%, 2/7/2027 | 8/12/2025 | 1438 | 1475 |
| 5409 | 9650677, 4.52%, 2/7/2027 | 8/12/2025 | 5195 | 5267 |
| 1665 | 9650742, 6.12%, 2/7/2027 | 8/12/2025 | 1615 | 1495 |
| 3115 | 9650750, 4.53%, 2/7/2027 | 8/12/2025 | 2992 | 3032 |
| 11394 | 9650768, 6.12%, 2/7/2027 | 8/12/2025 | 11094 | 7727 |
| 7823 | 9651175, 4.52%, 2/7/2027 | 8/12/2025 | 7531 | 7581 |
| 984 | 9651251, 4.54%, 2/7/2027 | 8/12/2025 | 946 | 961 |
| 4231 | 9651255, 6.42%, 2/7/2027 | 8/12/2025 | 3836 | 4150 |
| 1222 | 9651427, 4.52%, 2/7/2027 | 8/12/2025 | 1174 | 1186 |
| 11184 | 9651434, 4.83%, 2/7/2027 | 8/12/2025 | 10792 | 10616 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 157

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5732 | 9651655, 4.52%, 2/7/2027 | 8/12/2025 | 5493 | 5606 |
| 2547 | 9651694, 5.50%, 2/7/2027 | 8/12/2025 | 2447 | 2419 |
| 664 | 9651756, 5.30%, 2/7/2027 | 8/12/2025 | 653 | 639 |
| 22931 | 9651768, 4.52%, 2/7/2027 | 8/12/2025 | 21998 | 22409 |
| 4290 | 9651926, 6.43%, 2/7/2027 | 8/12/2025 | 4181 | 3452 |
| 65396 | 9651956, 4.52%, 2/7/2027 | 8/12/2025 | 62979 | 63344 |
| 134 | 9652441, 6.55%, 2/7/2027 | 8/12/2025 | 131 | 125 |
| 3220 | 9652442, 6.12%, 2/7/2027 | 8/12/2025 | 3097 | 3050 |
| 14845 | 9652492, 5.51%, 2/7/2027 | 8/12/2025 | 14427 | 11028 |
| 9593 | 9652608, 4.52%, 2/7/2027 | 8/12/2025 | 9168 | 9403 |
| 30129 | 9652692, 4.52%, 2/7/2027 | 8/12/2025 | 29104 | 28784 |
| 14144 | 9652874, 4.52%, 2/7/2027 | 8/12/2025 | 13543 | 13845 |
| 2550 | 9652959, 6.42%, 2/8/2027 | 8/13/2025 | 2432 | 2470 |
| 442 | 9653056, 5.28%, 2/8/2027 | 8/13/2025 | 395 | 408 |
| 22307 | 9653086, 4.52%, 2/8/2027 | 8/13/2025 | 21498 | 21519 |
| 8076 | 9653353, 4.52%, 2/8/2027 | 8/13/2025 | 7752 | 7860 |
| 3767 | 9653419, 5.51%, 2/8/2027 | 8/13/2025 | 3631 | 3545 |
| 1883 | 9653475, 4.53%, 2/8/2027 | 8/13/2025 | 1806 | 1840 |
| 5141 | 9653491, 5.29%, 2/8/2027<sup>(e)</sup> | 8/13/2025 | 5121 | 10 |
| 10784 | 9653514, 6.12%, 2/8/2027 | 8/13/2025 | 10336 | 10256 |
| 2762 | 9653770, 5.51%, 2/8/2027 | 8/13/2025 | 2667 | 2560 |
| 3483 | 9653812, 4.95%, 2/8/2027 | 8/13/2025 | 3313 | 3413 |
| 21185 | 9654099, 5.26%, 2/8/2027 | 8/13/2025 | 20605 | 16048 |
|  | 9654340, 6.42%, 2/8/2027 | 8/13/2025 | (2991) |  |
| 606 | 9654664, 6.43%, 2/8/2027 | 8/13/2025 | 556 | 588 |
| 2623 | 9654701, 4.52%, 2/8/2027 | 8/13/2025 | 2519 | 2560 |
| 2146 | 9654723, 5.27%, 2/8/2027 | 8/13/2025 | 2080 | 662 |
| 2705 | 9654732, 5.51%, 2/8/2027 | 8/13/2025 | 2637 | 1884 |
| 1315 | 9654756, 4.53%, 2/8/2027 | 8/13/2025 | 1249 | 1295 |
| 8422 | 9654829, 4.95%, 2/8/2027 | 8/13/2025 | 8114 | 7985 |
| 1078 | 9654922, 5.29%, 2/8/2027 | 8/13/2025 | 1060 | 1024 |
| 3565 | 9654958, 4.95%, 2/8/2027 | 8/13/2025 | 3409 | 3465 |
| 2105 | 9654999, 6.26%, 2/8/2027 | 8/13/2025 | 2058 | 1978 |
| 23630 | 9655035, 4.52%, 2/8/2027 | 8/13/2025 | 22691 | 23003 |
| 1928 | 9655284, 4.52%, 2/8/2027 | 8/13/2025 | 1848 | 1884 |
| 3968 | 9655310, 6.27%, 2/8/2027 | 8/13/2025 | 3883 | 3680 |
| 1621 | 9655370, 4.53%, 2/8/2027 | 8/13/2025 | 1557 | 1584 |
| 12711 | 9655404, 4.52%, 2/8/2027 | 8/13/2025 | 12214 | 12369 |
| 22443 | 9655487, 4.52%, 2/8/2027 | 8/13/2025 | 21355 | 22071 |
| 8794 | 9655770, 4.52%, 2/8/2027 | 8/13/2025 | 8449 | 8536 |
| 6064 | 9655907, 4.95%, 2/8/2027 | 8/13/2025 | 5880 | 4975 |
| 1221 | 9655933, 6.43%, 2/8/2027 | 8/13/2025 | 1148 | 1188 |
| 54499 | 9655956, 4.52%, 2/8/2027 | 8/13/2025 | 52447 | 52795 |
| 14184 | 9656282, 4.52%, 2/8/2027 | 8/13/2025 | 13614 | 13815 |
| 2239 | 9656398, 4.52%, 2/8/2027 | 8/13/2025 | 2133 | 2199 |
| 337 | 9656449, 4.58%, 2/8/2027 | 8/13/2025 | 325 | 328 |

---

*See Notes to Financial Statements.*

158 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1871 | 9656460, 6.42%, 2/8/2027 | 8/13/2025 | 1820 | 1528 |
| 5130 | 9656487, 6.27%, 2/8/2027 | 8/13/2025 | 5000 | 4839 |
| 24212 | 9656601, 4.52%, 2/8/2027 | 8/13/2025 | 23210 | 23671 |
| 2663 | 9656915, 4.52%, 2/8/2027 | 8/13/2025 | 2555 | 2601 |
| 7793 | 9656924, 4.52%, 2/8/2027 | 8/13/2025 | 7462 | 7623 |
| 13926 | 9657020, 5.26%, 2/8/2027 | 8/13/2025 | 13380 | 13332 |
| 5005 | 9657181, 4.52%, 2/8/2027 | 8/13/2025 | 4836 | 4525 |
| 3928 | 9657835, 5.51%, 2/9/2027 | 8/14/2025 | 3818 | 2932 |
| 15292 | 9657879, 5.50%, 2/9/2027 | 8/14/2025 | 14719 | 14396 |
| 2050 | 9657970, 4.95%, 2/9/2027 | 8/14/2025 | 1967 | 1974 |
| 15062 | 9657983, 6.42%, 2/9/2027 | 8/14/2025 | 14466 | 14388 |
| 5625 | 9658121, 4.52%, 2/9/2027 | 8/14/2025 | 5404 | 5472 |
| 9460 | 9658146, 6.12%, 2/9/2027 | 8/14/2025 | 9123 | 8856 |
| 22801 | 9658217, 4.52%, 2/9/2027 | 8/14/2025 | 21904 | 22121 |
| 12684 | 9658345, 4.52%, 2/9/2027 | 8/14/2025 | 12274 | 11293 |
| 3531 | 9658439, 4.52%, 2/9/2027 | 8/14/2025 | 3390 | 3438 |
| 5583 | 9658464, 5.26%, 2/9/2027 | 8/14/2025 | 5382 | 5210 |
| 2236 | 9658494, 4.53%, 2/9/2027 | 8/14/2025 | 2142 | 2187 |
| 19705 | 9658510, 4.95%, 2/9/2027 | 8/14/2025 | 19179 | 15100 |
| 5442 | 9658566, 5.51%, 2/9/2027 | 8/14/2025 | 5281 | 4139 |
| 4667 | 9658588, 4.52%, 2/9/2027 | 8/14/2025 | 4487 | 4526 |
| 9857 | 9658608, 4.51%, 2/10/2027 | 8/14/2025 | 9471 | 9586 |
| 1641 | 9658660, 4.51%, 2/10/2027 | 8/14/2025 | 1577 | 1596 |
| 5911 | 9658672, 4.51%, 2/10/2027 | 8/14/2025 | 5657 | 5791 |
| 530 | 9658727, 5.26%, 2/10/2027 | 8/14/2025 | 522 | 505 |
| 2981 | 9658730, 4.51%, 2/10/2027 | 8/14/2025 | 2844 | 2922 |
| 3416 | 9658755, 6.11%, 2/10/2027 | 8/14/2025 | 3301 | 3146 |
| 19873 | 9658769, 4.51%, 2/10/2027 | 8/14/2025 | 19060 | 19412 |
| 1527 | 9658870, 4.93%, 2/10/2027 | 8/14/2025 | 1469 | 1457 |
| 1461 | 9658874, 4.96%, 2/10/2027 | 8/14/2025 | 1412 | 1351 |
| 2559 | 9658930, 6.41%, 2/10/2027 | 8/14/2025 | 2415 | 2485 |
| 11912 | 9658972, 6.11%, 2/10/2027 | 8/14/2025 | 11336 | 11518 |
| 1803 | 9659066, 4.51%, 2/10/2027 | 8/14/2025 | 1719 | 1769 |
| 23475 | 9659077, 4.51%, 2/10/2027 | 8/14/2025 | 22467 | 22843 |
| 3066 | 9659196, 4.51%, 2/10/2027 | 8/14/2025 | 2961 | 2771 |
| 2693 | 9659221, 4.51%, 2/10/2027 | 8/14/2025 | 2596 | 2594 |
| 1831 | 9659237, 4.52%, 2/10/2027 | 8/14/2025 | 1765 | 1751 |
| 6968 | 9659247, 4.51%, 2/10/2027 | 8/14/2025 | 6692 | 6782 |
| 9864 | 9659287, 4.51%, 2/10/2027 | 8/14/2025 | 9480 | 9593 |
| 8202 | 9659340, 4.51%, 2/10/2027 | 8/14/2025 | 7875 | 7981 |
| 1865 | 9659626, 4.51%, 2/11/2027 | 8/14/2025 | 1785 | 1826 |
| 899 | 9659638, 6.26%, 2/11/2027 | 8/14/2025 | 885 | 582 |
| 4602 | 9659686, 5.24%, 2/11/2027 | 8/14/2025 | 4391 | 4474 |
| 10150 | 9660133, 4.93%, 2/11/2027 | 8/14/2025 | 9728 | 9790 |
| 2754 | 9660340, 6.10%, 2/11/2027 | 8/14/2025 | 2627 | 2647 |
| 4220 | 9660461, 4.50%, 2/11/2027 | 8/14/2025 | 4056 | 4093 |
| 1758 | 9660503, 5.48%, 2/11/2027 | 8/14/2025 | 1693 | 1654 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 159

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 423 | 9660527, 5.23%, 2/11/2027 | 8/14/2025 | 420 | 384 |
| 3086 | 9660539, 5.24%, 2/11/2027 | 8/14/2025 | 2937 | 3012 |
| 5751 | 9660590, 4.50%, 2/11/2027 | 8/14/2025 | 5475 | 5647 |
| 2971 | 9660703, 6.10%, 2/11/2027 | 8/14/2025 | 2854 | 2818 |
| 3296 | 9660752, 4.94%, 2/11/2027 | 8/14/2025 | 3138 | 3219 |
| 751 | 9660841, 6.42%, 2/11/2027 | 8/14/2025 | 729 | 662 |
| 5682 | 9661156, 4.50%, 2/11/2027 | 8/14/2025 | 5465 | 5482 |
| 1027 | 9661206, 6.04%, 2/11/2027 | 8/14/2025 | 998 | 991 |
| 527 | 9661226, 6.40%, 2/11/2027 | 8/14/2025 | 511 | 498 |
| 13519 | 9661241, 4.50%, 2/11/2027 | 8/14/2025 | 12978 | 13186 |
| 6392 | 9661387, 4.50%, 2/11/2027 | 8/14/2025 | 6143 | 6189 |
| 13914 | 9661514, 4.50%, 2/11/2027 | 8/14/2025 | 13341 | 13594 |
| 4933 | 9661998, 5.24%, 2/11/2027 | 8/14/2025 | 4760 | 4590 |
| 4039 | 9662020, 4.50%, 2/11/2027 | 8/14/2025 | 3873 | 3943 |
| 54527 | 9662043, 4.50%, 2/11/2027 | 8/14/2025 | 52611 | 52197 |
| 2356 | 9662370, 4.50%, 2/11/2027 | 8/14/2025 | 2251 | 2310 |
| 7602 | 9662392, 4.51%, 2/11/2027 | 8/14/2025 | 7370 | 6774 |
| 337 | 9662428, 6.39%, 2/11/2027 | 8/14/2025 | 324 | 322 |
| 823 | 9662443, 6.05%, 2/11/2027 | 8/14/2025 | 805 | 782 |
| 9649 | 9662453, 5.24%, 2/11/2027 | 8/14/2025 | 9116 | 9475 |
| 1463 | 9662539, 4.92%, 2/11/2027 | 8/14/2025 | 1398 | 1419 |
| 1281 | 9662548, 4.94%, 2/11/2027 | 8/14/2025 | 1232 | 1232 |
| 5566 | 9662560, 5.24%, 2/11/2027 | 8/14/2025 | 5333 | 5337 |
| 26953 | 9662604, 4.93%, 2/11/2027 | 8/14/2025 | 25926 | 25722 |
| 2954 | 9662787, 5.73%, 2/11/2027 | 8/14/2025 | 2794 | 2882 |
| 13391 | 9662810, 4.50%, 2/11/2027 | 8/14/2025 | 12849 | 13028 |
| 9159 | 9662899, 4.50%, 2/11/2027 | 8/14/2025 | 8812 | 8876 |
| 18500 | 9662935, 4.93%, 2/11/2027 | 8/14/2025 | 17813 | 17629 |
| 69206 | 9663051, 4.50%, 2/11/2027 | 8/14/2025 | 66532 | 67152 |
| 54039 | 9663349, 4.50%, 2/11/2027 | 8/14/2025 | 51999 | 52341 |
| 2333 | 9663653, 4.51%, 2/11/2027 | 8/14/2025 | 2224 | 2290 |
| 7905 | 9663739, 5.73%, 2/11/2027 | 8/14/2025 | 7669 | 6807 |
| 14412 | 9663790, 5.49%, 2/11/2027 | 8/14/2025 | 13961 | 12865 |
| 4015 | 9663873, 5.73%, 2/11/2027 | 8/14/2025 | 3799 | 3919 |
| 10056 | 9664182, 4.51%, 2/12/2027 | 8/15/2025 | 9680 | 9695 |
| 2026 | 9664300, 6.09%, 2/12/2027 | 8/15/2025 | 1915 | 1971 |
| 1217 | 9664371, 6.40%, 2/12/2027 | 8/15/2025 | 1156 | 1175 |
| 3623 | 9664445, 5.73%, 2/12/2027 | 8/15/2025 | 3455 | 3485 |
| 4260 | 9664507, 4.93%, 2/12/2027 | 8/15/2025 | 4079 | 4133 |
| 10923 | 9664541, 4.93%, 2/12/2027 | 8/15/2025 | 10442 | 10634 |
| 2038 | 9664877, 6.24%, 2/12/2027 | 8/15/2025 | 2003 | 1671 |
| 13247 | 9664947, 5.73%, 2/12/2027 | 8/15/2025 | 12699 | 12570 |
| 1249 | 9665161, 6.11%, 2/12/2027 | 8/15/2025 | 1216 | 840 |
| 4591 | 9665209, 4.50%, 2/12/2027 | 8/15/2025 | 4387 | 4501 |
| 25194 | 9665279, 5.48%, 2/12/2027 | 8/15/2025 | 24346 | 23212 |
| 559 | 9665502, 5.28%, 2/12/2027 | 8/15/2025 | 553 | 491 |

---

*See Notes to Financial Statements.*

160 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2886 | 9665515, 5.24%, 2/12/2027 | 8/15/2025 | 2773 | 2759 |
| 4083 | 9665527, 4.51%, 2/12/2027 | 8/15/2025 | 3916 | 3976 |
| 1122 | 9665624, 4.93%, 2/12/2027 | 8/15/2025 | 1067 | 1095 |
| 8612 | 9665639, 5.49%, 2/12/2027 | 8/15/2025 | 8338 | 7696 |
| 2115 | 9665721, 5.25%, 2/12/2027 | 8/15/2025 | 2026 | 2034 |
| 2310 | 9665768, 4.51%, 2/12/2027 | 8/15/2025 | 2235 | 2078 |
| 7332 | 9665818, 4.93%, 2/12/2027 | 8/15/2025 | 6980 | 7176 |
| 1041 | 9665882, 6.41%, 2/12/2027 | 8/15/2025 | 1014 | 847 |
| 636 | 9665883, 5.24%, 2/12/2027 | 8/15/2025 | 610 | 611 |
| 6674 | 9665916, 4.50%, 2/12/2027 | 8/15/2025 | 6374 | 6546 |
| 4648 | 9665995, 6.03%, 2/12/2027 | 8/15/2025 | 4585 | 3880 |
| 2718 | 9666025, 5.48%, 2/12/2027 | 8/15/2025 | 2614 | 2574 |
| 1683 | 9666053, 5.73%, 2/12/2027 | 8/15/2025 | 1597 | 1649 |
| 25750 | 9666094, 6.40%, 2/12/2027 | 8/15/2025 | 24727 | 24309 |
| 10742 | 9666380, 4.50%, 2/12/2027 | 8/15/2025 | 10247 | 10525 |
| 21917 | 9666502, 4.50%, 2/12/2027 | 8/15/2025 | 21048 | 21308 |
| 334 | 9667117, 5.27%, 2/12/2027 | 8/15/2025 | 330 | 316 |
| 5509 | 9667130, 4.50%, 2/12/2027 | 8/15/2025 | 5287 | 5365 |
| 704 | 9667144, 6.23%, 2/12/2027 | 8/15/2025 | 686 | 664 |
| 1915 | 9667150, 6.41%, 2/12/2027 | 8/15/2025 | 1854 | 1741 |
| 5654 | 9667168, 6.25%, 2/12/2027 | 8/15/2025 | 5557 | 4669 |
| 7972 | 9667232, 4.50%, 2/12/2027 | 8/15/2025 | 7719 | 7150 |
| 4664 | 9667283, 4.94%, 2/12/2027 | 8/15/2025 | 4521 | 3824 |
| 43935 | 9667324, 5.73%, 2/12/2027 | 8/15/2025 | 42137 | 41707 |
| 17805 | 9667623, 5.48%, 2/12/2027 | 8/15/2025 | 17105 | 16886 |
| 4494 | 9667719, 4.50%, 2/12/2027 | 8/15/2025 | 4345 | 4055 |
| 1429 | 9667742, 5.73%, 2/12/2027 | 8/15/2025 | 1315 | 1409 |
| 2462 | 9667768, 5.24%, 2/12/2027 | 8/15/2025 | 2377 | 2243 |
| 3537 | 9667782, 6.40%, 2/12/2027 | 8/15/2025 | 3420 | 3228 |
| 3455 | 9667801, 5.72%, 2/12/2027 | 8/15/2025 | 3338 | 3160 |
| 3189 | 9667852, 5.48%, 2/12/2027 | 8/15/2025 | 3047 | 3082 |
| 1827 | 9667887, 4.50%, 2/12/2027 | 8/15/2025 | 1744 | 1791 |
| 1402 | 9667956, 4.52%, 2/12/2027 | 8/15/2025 | 1338 | 1376 |
| 14615 | 9668277, 4.50%, 2/12/2027 | 8/15/2025 | 14054 | 14157 |
| 20173 | 9668348, 5.24%, 2/12/2027 | 8/15/2025 | 19548 | 15996 |
| 8498 | 9668464, 4.50%, 2/12/2027 | 8/15/2025 | 8158 | 8267 |
| 35576 | 9668519, 4.50%, 2/12/2027 | 8/15/2025 | 33960 | 34896 |
| 785 | 9668836, 6.41%, 2/13/2027 | 8/18/2025 | 739 | 760 |
| 6207 | 9668878, 6.40%, 2/13/2027 | 8/18/2025 | 6093 | 3268 |
| 554 | 9668956, 6.39%, 2/13/2027 | 8/18/2025 | 526 | 533 |
| 7907 | 9668983, 4.50%, 2/13/2027 | 8/18/2025 | 7604 | 7654 |
| 2298 | 9669156, 4.51%, 2/13/2027 | 8/18/2025 | 2208 | 2228 |
| 6962 | 9669212, 4.50%, 2/13/2027 | 8/18/2025 | 6659 | 6814 |
| 6506 | 9669356, 4.51%, 2/13/2027 | 8/18/2025 | 6203 | 6379 |
| 5988 | 9669567, 5.49%, 2/13/2027 | 8/18/2025 | 5735 | 5687 |
| 1709 | 9669686, 5.73%, 2/13/2027 | 8/18/2025 | 1626 | 1645 |
| 20928 | 9669759, 5.73%, 2/13/2027<sup>(e)</sup> | 8/18/2025 | 20460 | 2408 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 161

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1360 | 9669944, 5.49%, 2/13/2027 | 8/18/2025 | 1312 | 1259 |
| 2588 | 9669957, 5.48%, 2/13/2027 | 8/18/2025 | 2474 | 2487 |
| 4474 | 9670026, 6.25%, 2/13/2027<sup>(e)</sup> | 8/18/2025 | 4420 | 305 |
| 5294 | 9670056, 4.50%, 2/13/2027 | 8/18/2025 | 5127 | 4732 |
| 7076 | 9670100, 5.24%, 2/13/2027 | 8/18/2025 | 6795 | 6761 |
| 9119 | 9670190, 4.51%, 2/13/2027 | 8/18/2025 | 8769 | 8833 |
| 4030 | 9670291, 4.94%, 2/13/2027 | 8/18/2025 | 3764 | 3972 |
| 4987 | 9670358, 4.94%, 2/13/2027 | 8/18/2025 | 4817 | 4623 |
| 6259 | 9670475, 4.50%, 2/13/2027 | 8/18/2025 | 6015 | 6066 |
| 6988 | 9670583, 5.27%, 2/13/2027 | 8/18/2025 | 6891 | 4530 |
| 1020 | 9670673, 6.08%, 2/13/2027 | 8/18/2025 | 984 | 939 |
| 1195 | 9670681, 6.09%, 2/13/2027 | 8/18/2025 | 1115 | 1167 |
| 3762 | 9670692, 4.93%, 2/13/2027 | 8/18/2025 | 3595 | 3652 |
| 12961 | 9670736, 4.93%, 2/13/2027 | 8/18/2025 | 12399 | 12589 |
| 6158 | 9670828, 4.50%, 2/13/2027 | 8/18/2025 | 5923 | 5942 |
| 3342 | 9670883, 4.93%, 2/13/2027 | 8/18/2025 | 3192 | 3253 |
| 1293 | 9670915, 5.73%, 2/13/2027 | 8/18/2025 | 1238 | 1230 |
| 3561 | 9670916, 4.50%, 2/13/2027 | 8/18/2025 | 3425 | 3446 |
| 2901 | 9670953, 4.94%, 2/13/2027 | 8/18/2025 | 2773 | 2823 |
| 6141 | 9670968, 5.73%, 2/13/2027 | 8/18/2025 | 5924 | 5741 |
| 12139 | 9671013, 4.50%, 2/13/2027 | 8/18/2025 | 11657 | 11803 |
| 4546 | 9671079, 5.48%, 2/13/2027 | 8/18/2025 | 4283 | 4453 |
| 1938 | 9671194, 6.39%, 2/13/2027 | 8/18/2025 | 1855 | 1839 |
| 12289 | 9671228, 6.25%, 2/13/2027 | 8/18/2025 | 11909 | 11605 |
| 3258 | 9671358, 5.24%, 2/13/2027 | 8/18/2025 | 3108 | 3138 |
| 3246 | 9671386, 4.51%, 2/13/2027 | 8/18/2025 | 3142 | 2911 |
| 2510 | 9671428, 5.23%, 2/13/2027 | 8/18/2025 | 2410 | 2400 |
| 3827 | 9671584, 6.40%, 2/13/2027 | 8/18/2025 | 3704 | 3582 |
| 11778 | 9671610, 4.93%, 2/13/2027 | 8/18/2025 | 11235 | 11425 |
| 21243 | 9671650, 6.09%, 2/13/2027 | 8/18/2025 | 20242 | 20403 |
| 6910 | 9671783, 6.40%, 2/13/2027 | 8/18/2025 | 6571 | 6646 |
| 2884 | 9671849, 4.50%, 2/13/2027 | 8/18/2025 | 2779 | 2779 |
| 20081 | 9671877, 5.24%, 2/13/2027 | 8/18/2025 | 19207 | 19292 |
| 1403 | 9671984, 4.51%, 2/13/2027 | 8/18/2025 | 1337 | 1375 |
| 6507 | 9672003, 4.51%, 2/13/2027 | 8/18/2025 | 6275 | 6232 |
| 1798 | 9672048, 5.25%, 2/13/2027 | 8/18/2025 | 1729 | 1706 |
| 7855 | 9672051, 6.40%, 2/13/2027 | 8/18/2025 | 7557 | 7449 |
| 1517 | 9672117, 5.72%, 2/13/2027 | 8/18/2025 | 1475 | 1081 |
| 6812 | 9672140, 4.50%, 2/13/2027 | 8/18/2025 | 6530 | 6648 |
| 23348 | 9672195, 6.09%, 2/13/2027 | 8/18/2025 | 22142 | 22535 |
| 45922 | 9672428, 4.50%, 2/13/2027 | 8/18/2025 | 44099 | 44636 |
| 7019 | 9675355, 5.51%, 2/14/2027 | 8/19/2025 | 6698 | 6784 |
| 6604 | 9675547, 5.50%, 2/14/2027 | 8/19/2025 | 6326 | 6274 |
| 1695 | 9675655, 6.42%, 2/14/2027 | 8/19/2025 | 1622 | 1613 |
| 999 | 9675775, 6.43%, 2/14/2027 | 8/19/2025 | 970 | 916 |
| 2144 | 9675890, 4.53%, 2/14/2027 | 8/19/2025 | 2042 | 2106 |

---

*See Notes to Financial Statements.*

162 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 10253 | 9675939, 6.42%, 2/14/2027 | 8/19/2025 | 9865 | 9527 |
| 5300 | 9676071, 4.53%, 2/14/2027 | 8/19/2025 | 5144 | 4618 |
| 5128 | 9676184, 5.26%, 2/14/2027 | 8/19/2025 | 4894 | 4942 |
| 5364 | 9676277, 4.95%, 2/14/2027 | 8/19/2025 | 5105 | 5237 |
| 4699 | 9676302, 4.52%, 2/14/2027 | 8/19/2025 | 4562 | 3994 |
| 5312 | 9676333, 5.50%, 2/14/2027 | 8/19/2025 | 5137 | 4759 |
| 460 | 9676377, 6.39%, 2/14/2027 | 8/19/2025 | 446 | 431 |
| 11281 | 9676422, 6.42%, 2/14/2027 | 8/19/2025 | 10887 | 10687 |
| 1188 | 9676640, 5.74%, 2/14/2027 | 8/19/2025 | 1121 | 1155 |
| 2533 | 9676678, 4.52%, 2/14/2027 | 8/19/2025 | 2441 | 2423 |
| 1958 | 9676689, 4.53%, 2/14/2027 | 8/19/2025 | 1887 | 1873 |
| 12706 | 9676712, 4.52%, 2/14/2027 | 8/19/2025 | 12142 | 12455 |
| 7940 | 9676955, 4.52%, 2/14/2027 | 8/19/2025 | 7626 | 7700 |
|  | 9677013, 6.42%, 2/14/2027 | 8/19/2025 | (5868) |  |
| 16046 | 9677494, 4.52%, 2/14/2027 | 8/19/2025 | 15498 | 14497 |
| 1270 | 9677592, 4.52%, 2/14/2027 | 8/19/2025 | 1208 | 1249 |
| 4131 | 9677618, 5.75%, 2/14/2027 | 8/19/2025 | 3967 | 3900 |
| 2869 | 9677629, 5.76%, 2/14/2027 | 8/19/2025 | 2758 | 2688 |
| 26994 | 9677648, 6.12%, 2/14/2027 | 8/19/2025 | 26042 | 24814 |
| 2200 | 9677764, 5.30%, 2/14/2027 | 8/19/2025 | 2182 | 1675 |
|  | 9677776, 5.75%, 2/14/2027 | 8/19/2025 | (1573) |  |
| 833 | 9677866, 6.26%, 2/14/2027 | 8/19/2025 | 807 | 793 |
| 4225 | 9677888, 4.52%, 2/14/2027 | 8/19/2025 | 4081 | 3812 |
| 3910 | 9677916, 4.52%, 2/14/2027 | 8/19/2025 | 3737 | 3823 |
| 1396 | 9677973, 5.73%, 2/14/2027<sup>(e)</sup> | 8/19/2025 | 1362 | 293 |
| 493 | 9677992, 6.42%, 2/14/2027 | 8/19/2025 | 452 | 483 |
| 9911 | 9678136, 5.26%, 2/14/2027 | 8/19/2025 | 9435 | 9634 |
| 3202 | 9678186, 4.52%, 2/14/2027 | 8/19/2025 | 3105 | 2820 |
| 15167 | 9678197, 4.52%, 2/14/2027 | 8/19/2025 | 14428 | 14908 |
| 26279 | 9678360, 4.52%, 2/14/2027 | 8/19/2025 | 25167 | 25660 |
| 5428 | 9678672, 6.05%, 2/14/2027 | 8/19/2025 | 5376 | 2147 |
| 24320 | 9678753, 4.52%, 2/14/2027 | 8/19/2025 | 23422 | 23317 |
| 19138 | 9679144, 4.95%, 2/14/2027 | 8/19/2025 | 18148 | 18753 |
| 2544 | 9679356, 5.75%, 2/14/2027 | 8/19/2025 | 2409 | 2471 |
| 6939 | 9679376, 6.42%, 2/14/2027 | 8/19/2025 | 6591 | 6692 |
| 9768 | 9679464, 6.12%, 2/14/2027 | 8/19/2025 | 9403 | 9151 |
| 13677 | 9679539, 4.52%, 2/14/2027 | 8/19/2025 | 13119 | 13288 |
| 5264 | 9679646, 4.52%, 2/14/2027 | 8/19/2025 | 5050 | 5118 |
| 8919 | 9679696, 4.52%, 2/14/2027 | 8/19/2025 | 8447 | 8781 |
| 1491 | 9679826, 5.74%, 2/14/2027 | 8/19/2025 | 1410 | 1450 |
| 1654 | 9679880, 4.52%, 2/14/2027 | 8/19/2025 | 1592 | 1596 |
| 517 | 9680018, 5.73%, 2/15/2027 | 8/20/2025 | 497 | 482 |
| 753 | 9680023, 6.12%, 2/15/2027 | 8/20/2025 | 728 | 678 |
| 3007 | 9680030, 5.51%, 2/15/2027 | 8/20/2025 | 2904 | 2707 |
| 2639 | 9680059, 4.51%, 2/15/2027 | 8/20/2025 | 2540 | 2542 |
| 4204 | 9680071, 4.95%, 2/15/2027 | 8/20/2025 | 4051 | 3910 |
| 3928 | 9680120, 6.43%, 2/15/2027<sup>(e)</sup> | 8/20/2025 | 3857 | 209 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 163

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1259 | 9680146, 4.94%, 2/15/2027 | 8/20/2025 | 1212 | 1199 |
| 1057 | 9680153, 5.76%, 2/15/2027 | 8/20/2025 | 1005 | 1017 |
| 1020 | 9680166, 6.11%, 2/15/2027 | 8/20/2025 | 983 | 944 |
| 5481 | 9680186, 4.52%, 2/15/2027 | 8/20/2025 | 5285 | 4959 |
| 6253 | 9680256, 4.52%, 2/15/2027 | 8/20/2025 | 5971 | 6126 |
| 4938 | 9680346, 4.52%, 2/15/2027 | 8/20/2025 | 4748 | 4766 |
| 7430 | 9680412, 4.52%, 2/15/2027 | 8/20/2025 | 7075 | 7289 |
| 1320 | 9680498, 4.52%, 2/15/2027 | 8/20/2025 | 1237 | 1303 |
| 5108 | 9680513, 4.52%, 2/15/2027 | 8/20/2025 | 4942 | 4571 |
| 2487 | 9680577, 4.51%, 2/15/2027 | 8/20/2025 | 2382 | 2420 |
| 6084 | 9680615, 4.95%, 2/15/2027 | 8/20/2025 | 5843 | 5800 |
|  | 9680724, 4.52%, 2/15/2027 | 8/20/2025 | (62) | (9) |
| 5074 | 9680768, 4.52%, 2/15/2027 | 8/20/2025 | 4869 | 4918 |
| 15192 | 9680914, 4.95%, 2/15/2027 | 8/20/2025 | 14512 | 14749 |
| 19313 | 9681171, 4.52%, 2/15/2027 | 8/20/2025 | 18479 | 18868 |
| 2706 | 9681324, 4.51%, 2/15/2027 | 8/20/2025 | 2596 | 2631 |
| 2674 | 9681342, 4.52%, 2/15/2027 | 8/20/2025 | 2570 | 2588 |
| 5579 | 9681529, 4.52%, 2/15/2027 | 8/20/2025 | 5392 | 5020 |
| 1748 | 9681552, 5.27%, 2/15/2027 | 8/20/2025 | 1678 | 1661 |
| 4307 | 9681607, 4.52%, 2/15/2027 | 8/20/2025 | 4139 | 4157 |
| 3992 | 9681654, 4.52%, 2/15/2027 | 8/20/2025 | 3816 | 3902 |
| 10531 | 9681716, 4.95%, 2/15/2027 | 8/20/2025 | 10074 | 10213 |
| 24446 | 9681802, 5.26%, 2/15/2027 | 8/20/2025 | 23573 | 22370 |
| 5380 | 9681956, 4.52%, 2/15/2027 | 8/20/2025 | 5173 | 5184 |
| 908 | 9682004, 5.76%, 2/15/2027 | 8/20/2025 | 847 | 888 |
| 2505 | 9682030, 5.26%, 2/15/2027 | 8/20/2025 | 2399 | 2400 |
| 7932 | 9682067, 4.52%, 2/15/2027 | 8/20/2025 | 7588 | 7764 |
| 1479 | 9682147, 4.52%, 2/15/2027 | 8/20/2025 | 1384 | 1465 |
| 2204 | 9682177, 6.43%, 2/15/2027 | 8/20/2025 | 2159 | 1646 |
| 7217 | 9682202, 4.52%, 2/15/2027 | 8/20/2025 | 6797 | 7118 |
| 956 | 9682281, 6.10%, 2/15/2027 | 8/20/2025 | 926 | 816 |
| 2306 | 9682288, 4.95%, 2/15/2027 | 8/20/2025 | 2229 | 1918 |
| 6456 | 9682293, 4.95%, 2/15/2027 | 8/20/2025 | 6165 | 6274 |
| 1241 | 9682341, 5.27%, 2/15/2027 | 8/20/2025 | 1192 | 1156 |
| 20910 | 9682659, 4.95%, 2/15/2027 | 8/20/2025 | 19990 | 20281 |
| 2083 | 9682810, 4.52%, 2/15/2027 | 8/20/2025 | 2001 | 2028 |
| 4319 | 9682853, 6.43%, 2/15/2027 | 8/20/2025 | 4195 | 3514 |
| 5088 | 9682894, 4.52%, 2/15/2027 | 8/20/2025 | 4888 | 4930 |
| 6815 | 9682916, 4.52%, 2/15/2027 | 8/20/2025 | 6558 | 6572 |
| 7695 | 9682946, 6.12%, 2/15/2027 | 8/20/2025 | 7452 | 6580 |
| 3070 | 9683041, 4.52%, 2/15/2027 | 8/20/2025 | 2957 | 2937 |
| 13198 | 9683065, 4.52%, 2/15/2027 | 8/20/2025 | 12724 | 11938 |
| 5231 | 9683117, 6.27%, 2/15/2027 | 8/20/2025 | 5153 | 2792 |
| 2176 | 9683151, 4.52%, 2/15/2027 | 8/20/2025 | 2037 | 2154 |
| 981 | 9683198, 5.50%, 2/15/2027 | 8/20/2025 | 924 | 960 |
| 5286 | 9683209, 4.52%, 2/15/2027 | 8/20/2025 | 5086 | 5095 |

---

*See Notes to Financial Statements.*

164 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 18415 | 9683284, 4.52%, 2/15/2027 | 8/20/2025 | 17884 | 15641 |
| 5663 | 9683423, 6.42%, 2/15/2027 | 8/20/2025 | 5531 | 4742 |
| 3546 | 9683480, 4.52%, 2/15/2027 | 8/20/2025 | 3399 | 3452 |
| 1434 | 9683513, 6.42%, 2/15/2027 | 8/20/2025 | 1362 | 1383 |
| 17184 | 9683530, 5.50%, 2/15/2027 | 8/20/2025 | 16483 | 16286 |
| 15091 | 9683678, 4.52%, 2/15/2027 | 8/20/2025 | 14116 | 14977 |
| 5488 | 9684009, 4.52%, 2/15/2027 | 8/20/2025 | 5259 | 5342 |
| 2089 | 9684085, 5.25%, 2/15/2027 | 8/20/2025 | 1979 | 2042 |
| 2366 | 9684877, 6.27%, 2/16/2027 | 8/21/2025 | 2308 | 2152 |
| 1041 | 9684888, 6.41%, 2/16/2027 | 8/21/2025 | 969 | 1014 |
| 2703 | 9684900, 6.27%, 2/16/2027 | 8/21/2025 | 2625 | 2545 |
| 5083 | 9684916, 4.52%, 2/16/2027 | 8/21/2025 | 4851 | 4978 |
| 3259 | 9684936, 5.76%, 2/16/2027 | 8/21/2025 | 3134 | 3048 |
| 5794 | 9684949, 4.52%, 2/16/2027 | 8/21/2025 | 5562 | 5614 |
| 1140 | 9685007, 6.41%, 2/16/2027 | 8/21/2025 | 1083 | 1099 |
| 3423 | 9685015, 4.52%, 2/16/2027 | 8/21/2025 | 3283 | 3327 |
| 22944 | 9685035, 5.50%, 2/16/2027 | 8/21/2025 | 22259 | 17179 |
| 3299 | 9685142, 6.12%, 2/16/2027 | 8/21/2025 | 3198 | 2772 |
| 2303 | 9685167, 5.51%, 2/16/2027 | 8/21/2025 | 2211 | 2169 |
| 16505 | 9685180, 4.95%, 2/16/2027 | 8/21/2025 | 15780 | 16001 |
| 2164 | 9685251, 4.53%, 2/16/2027 | 8/21/2025 | 2065 | 2119 |
| 22902 | 9685259, 4.52%, 2/16/2027 | 8/21/2025 | 21909 | 22369 |
| 754 | 9685363, 6.26%, 2/16/2027 | 8/21/2025 | 737 | 683 |
| 21380 | 9685370, 4.52%, 2/16/2027 | 8/21/2025 | 20599 | 20430 |
| 6735 | 9685480, 4.52%, 2/16/2027 | 8/21/2025 | 6490 | 6440 |
| 7513 | 9685507, 4.52%, 2/16/2027 | 8/21/2025 | 7196 | 7331 |
| 983 | 9685542, 6.08%, 2/16/2027 | 8/21/2025 | 972 | 425 |
| 3192 | 9685550, 5.75%, 2/16/2027 | 8/21/2025 | 3007 | 3106 |
| 13302 | 9685581, 4.52%, 2/16/2027 | 8/21/2025 | 12714 | 13001 |
| 8148 | 9685638, 4.52%, 2/16/2027 | 8/21/2025 | 7723 | 8015 |
| 3415 | 9685679, 6.43%, 2/16/2027 | 8/21/2025 | 3308 | 2994 |
| 2449 | 9685691, 6.43%, 2/16/2027 | 8/21/2025 | 2321 | 2364 |
| 2346 | 9685710, 4.51%, 2/17/2027 | 8/21/2025 | 2253 | 2273 |
| 6712 | 9685757, 5.49%, 2/17/2027 | 8/21/2025 | 6431 | 6368 |
| 4394 | 9685801, 5.74%, 2/17/2027 | 8/21/2025 | 4192 | 4223 |
| 3482 | 9685825, 4.51%, 2/17/2027 | 8/21/2025 | 3344 | 3385 |
| 710 | 9685847, 6.10%, 2/17/2027 | 8/21/2025 | 679 | 673 |
| 3164 | 9685856, 6.11%, 2/17/2027<sup>(e)</sup> | 8/21/2025 | 3067 | 2675 |
| 3273 | 9685866, 5.49%, 2/17/2027 | 8/21/2025 | 3140 | 3099 |
| 8127 | 9685876, 5.74%, 2/17/2027 | 8/21/2025 | 7725 | 7837 |
| 1830 | 9685931, 6.41%, 2/17/2027 | 8/21/2025 | 1704 | 1788 |
| 5843 | 9685954, 4.51%, 2/17/2027 | 8/21/2025 | 5601 | 5683 |
| 1969 | 9686000, 4.94%, 2/17/2027 | 8/21/2025 | 1891 | 1880 |
| 6678 | 9686010, 5.25%, 2/17/2027 | 8/21/2025 | 6365 | 6478 |
| 7783 | 9686044, 4.51%, 2/17/2027 | 8/21/2025 | 7445 | 7596 |
| 761 | 9686078, 4.54%, 2/17/2027 | 8/21/2025 | 729 | 742 |
| 1965 | 9686085, 6.42%, 2/17/2027 | 8/21/2025 | 1911 | 1220 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 165

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 942 | 9686096, 5.51%, 2/17/2027 | 8/21/2025 | 895 | 913 |
| 758 | 9686103, 6.39%, 2/17/2027 | 8/21/2025 | 724 | 724 |
| 1866 | 9686118, 4.94%, 2/17/2027 | 8/21/2025 | 1767 | 1829 |
| 5086 | 9686130, 4.52%, 2/17/2027 | 8/21/2025 | 4873 | 4951 |
| 25529 | 9686156, 4.51%, 2/17/2027 | 8/21/2025 | 24414 | 24933 |
| 2633 | 9686286, 4.94%, 2/17/2027 | 8/21/2025 | 2505 | 2567 |
| 11002 | 9686327, 5.74%, 2/17/2027 | 8/21/2025 | 10603 | 10075 |
| 7129 | 9686370, 4.51%, 2/17/2027 | 8/21/2025 | 6828 | 6937 |
| 1110 | 9686410, 5.49%, 2/17/2027 | 8/21/2025 | 1046 | 1083 |
| 2124 | 9686428, 4.51%, 2/17/2027 | 8/21/2025 | 2038 | 2066 |
| 5565 | 9686436, 6.41%, 2/17/2027 | 8/21/2025 | 5369 | 5170 |
| 1964 | 9686465, 4.51%, 2/17/2027 | 8/21/2025 | 1884 | 1911 |
| 6110 | 9686478, 5.74%, 2/17/2027 | 8/21/2025 | 5860 | 5770 |
| 2413 | 9686754, 5.24%, 2/18/2027 | 8/21/2025 | 2263 | 2362 |
| 629 | 9686776, 6.26%, 2/18/2027 | 8/21/2025 | 585 | 612 |
| 18310 | 9686785, 6.09%, 2/18/2027 | 8/21/2025 | 17542 | 17330 |
| 3698 | 9687123, 6.39%, 2/18/2027 | 8/21/2025 | 3607 | 2916 |
| 5761 | 9687162, 4.50%, 2/18/2027 | 8/21/2025 | 5499 | 5647 |
| 1343 | 9687248, 5.24%, 2/18/2027 | 8/21/2025 | 1287 | 1284 |
| 11789 | 9687299, 4.50%, 2/18/2027 | 8/21/2025 | 11295 | 11498 |
| 8048 | 9687604, 4.50%, 2/18/2027 | 8/21/2025 | 7730 | 7790 |
| 17206 | 9687708, 4.50%, 2/18/2027 | 8/21/2025 | 16517 | 16666 |
| 4420 | 9688007, 4.94%, 2/18/2027 | 8/21/2025 | 4262 | 4106 |
| 2617 | 9688048, 4.50%, 2/18/2027 | 8/21/2025 | 2513 | 2534 |
| 2354 | 9688082, 5.27%, 2/18/2027 | 8/21/2025 | 2338 | 1495 |
| 28285 | 9688104, 4.93%, 2/18/2027 | 8/21/2025 | 27087 | 27246 |
| 16327 | 9688294, 5.48%, 2/18/2027 | 8/21/2025 | 15768 | 14686 |
| 3281 | 9688383, 4.50%, 2/18/2027 | 8/21/2025 | 3154 | 3163 |
| 5030 | 9688445, 4.50%, 2/18/2027 | 8/21/2025 | 4826 | 4891 |
| 3481 | 9688490, 4.93%, 2/18/2027 | 8/21/2025 | 3339 | 3350 |
| 4819 | 9688521, 4.50%, 2/18/2027 | 8/21/2025 | 4597 | 4724 |
| 19097 | 9688563, 5.24%, 2/18/2027 | 8/21/2025 | 18279 | 18307 |
| 1289 | 9688706, 5.74%, 2/18/2027 | 8/21/2025 | 1243 | 1179 |
| 9746 | 9688715, 5.24%, 2/18/2027 | 8/21/2025 | 9416 | 8840 |
| 1401 | 9688761, 5.73%, 2/18/2027 | 8/21/2025 | 1345 | 1322 |
| 7711 | 9688778, 6.40%, 2/18/2027 | 8/21/2025 | 7527 | 4686 |
| 5861 | 9688840, 4.50%, 2/18/2027 | 8/21/2025 | 5629 | 5692 |
| 2872 | 9688897, 5.73%, 2/18/2027 | 8/21/2025 | 2737 | 2764 |
| 10328 | 9688922, 5.49%, 2/18/2027 | 8/21/2025 | 9790 | 10070 |
| 9613 | 9689025, 5.24%, 2/18/2027 | 8/21/2025 | 9338 | 7126 |
| 8682 | 9689068, 5.73%, 2/18/2027 | 8/21/2025 | 8336 | 8176 |
|  | 9689142, 6.39%, 2/18/2027 | 8/21/2025 | (176) |  |
| 1851 | 9689150, 6.40%, 2/18/2027 | 8/21/2025 | 1795 | 1645 |
| 9166 | 9689176, 4.50%, 2/18/2027 | 8/21/2025 | 8815 | 8835 |
| 18114 | 9689241, 4.50%, 2/18/2027 | 8/21/2025 | 17372 | 17620 |
| 4958 | 9689316, 4.51%, 2/18/2027 | 8/21/2025 | 4741 | 4850 |

---

*See Notes to Financial Statements.*

166 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 26273 | 9689381, 5.24%, 2/18/2027 | 8/21/2025 | 25075 | 25288 |
| 789 | 9689510, 6.40%, 2/18/2027 | 8/21/2025 | 752 | 756 |
| 46685 | 9689530, 5.48%, 2/18/2027 | 8/21/2025 | 44337 | 45267 |
| 3213 | 9689800, 4.50%, 2/18/2027 | 8/21/2025 | 3076 | 3138 |
| 18802 | 9689803, 5.48%, 2/18/2027 | 8/21/2025 | 18086 | 17641 |
| 26308 | 9689944, 4.93%, 2/18/2027 | 8/21/2025 | 24856 | 25807 |
| 2864 | 9690095, 4.50%, 2/18/2027 | 8/21/2025 | 2755 | 2764 |
| 32765 | 9690109, 6.40%, 2/18/2027 | 8/21/2025 | 31422 | 30870 |
| 10682 | 9690287, 5.73%, 2/18/2027 | 8/21/2025 | 10304 | 9749 |
| 5859 | 9690348, 4.50%, 2/18/2027 | 8/21/2025 | 5566 | 5762 |
| 1658 | 9690430, 6.09%, 2/18/2027 | 8/21/2025 | 1566 | 1605 |
| 2184 | 9690433, 6.10%, 2/18/2027 | 8/21/2025 | 2005 | 2143 |
| 4723 | 9690472, 4.50%, 2/18/2027 | 8/21/2025 | 4502 | 4634 |
| 1440 | 9690489, 6.40%, 2/18/2027 | 8/21/2025 | 1404 | 968 |
| 6737 | 9690498, 5.73%, 2/18/2027 | 8/21/2025 | 6552 | 2102 |
| 650 | 9690537, 6.01%, 2/18/2027 | 8/21/2025 | 637 | 607 |
| 4268 | 9690545, 6.09%, 2/18/2027 | 8/21/2025 | 4130 | 3657 |
| 15723 | 9690562, 4.50%, 2/18/2027 | 8/21/2025 | 15067 | 15325 |
| 2160 | 9690651, 5.49%, 2/18/2027 | 8/21/2025 | 2084 | 1952 |
| 11295 | 9690658, 4.50%, 2/18/2027 | 8/21/2025 | 10862 | 10927 |
| 10117 | 9690679, 4.50%, 2/18/2027 | 8/21/2025 | 9674 | 9903 |
| 3102 | 9690737, 6.09%, 2/18/2027 | 8/21/2025 | 2912 | 3021 |
| 33619 | 9690771, 6.09%, 2/18/2027 | 8/21/2025 | 32518 | 28892 |
| 3622 | 9690900, 4.50%, 2/18/2027 | 8/21/2025 | 3461 | 3548 |
| 21073 | 9690937, 4.50%, 2/18/2027 | 8/21/2025 | 19996 | 20732 |
| 3340 | 9691176, 5.48%, 2/18/2027 | 8/21/2025 | 3164 | 3257 |
| 3540 | 9691229, 4.50%, 2/18/2027 | 8/21/2025 | 3402 | 3425 |
| 22994 | 9691270, 4.50%, 2/18/2027 | 8/21/2025 | 21870 | 22594 |
| 922 | 9691349, 6.39%, 2/19/2027 | 8/22/2025 | 868 | 894 |
| 6739 | 9691639, 4.50%, 2/19/2027 | 8/22/2025 | 6468 | 6544 |
| 2593 | 9691731, 4.50%, 2/19/2027 | 8/22/2025 | 2470 | 2543 |
| 1722 | 9691867, 6.11%, 2/19/2027 | 8/22/2025 | 1657 | 1607 |
| 5648 | 9691904, 6.40%, 2/19/2027 | 8/22/2025 | 5404 | 5374 |
| 17828 | 9692007, 5.48%, 2/19/2027 | 8/22/2025 | 17051 | 17057 |
| 3808 | 9692246, 4.50%, 2/19/2027 | 8/22/2025 | 3650 | 3705 |
| 23279 | 9692329, 5.24%, 2/19/2027 | 8/22/2025 | 22344 | 22080 |
| 21274 | 9692620, 4.50%, 2/19/2027 | 8/22/2025 | 20485 | 20360 |
| 2126 | 9692842, 6.41%, 2/19/2027 | 8/22/2025 | 2058 | 1859 |
| 2598 | 9692880, 4.50%, 2/19/2027 | 8/22/2025 | 2481 | 2541 |
| 5618 | 9692897, 5.24%, 2/19/2027 | 8/22/2025 | 5362 | 5408 |
| 2793 | 9692946, 5.23%, 2/19/2027 | 8/22/2025 | 2702 | 2209 |
| 755 | 9692975, 6.40%, 2/19/2027 | 8/22/2025 | 684 | 741 |
| 2791 | 9692994, 4.93%, 2/19/2027 | 8/22/2025 | 2638 | 2737 |
| 1960 | 9693034, 4.50%, 2/19/2027 | 8/22/2025 | 1897 | 1757 |
| 17613 | 9693061, 4.93%, 2/19/2027 | 8/22/2025 | 16697 | 17239 |
| 37767 | 9693219, 5.24%, 2/19/2027 | 8/22/2025 | 36163 | 36140 |
| 1603 | 9693503, 6.40%, 2/19/2027 | 8/22/2025 | 1549 | 1419 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 167

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5285 | 9693517, 4.51%, 2/19/2027 | 8/22/2025 | 5074 | 5101 |
| 2135 | 9693568, 5.24%, 2/19/2027 | 8/22/2025 | 2023 | 2073 |
| 13949 | 9693632, 4.93%, 2/19/2027 | 8/22/2025 | 13392 | 13297 |
| 5827 | 9693745, 6.09%, 2/19/2027 | 8/22/2025 | 5575 | 5569 |
| 1005 | 9693779, 4.52%, 2/19/2027 | 8/22/2025 | 961 | 983 |
| 4724 | 9693860, 6.40%, 2/19/2027 | 8/22/2025 | 4581 | 3886 |
| 32601 | 9693892, 4.50%, 2/19/2027 | 8/22/2025 | 31198 | 31796 |
| 7756 | 9694170, 4.50%, 2/19/2027 | 8/22/2025 | 7373 | 7623 |
| 6902 | 9694253, 4.50%, 2/19/2027 | 8/22/2025 | 6608 | 6729 |
| 4059 | 9694294, 6.40%, 2/19/2027 | 8/22/2025 | 3891 | 3773 |
| 1689 | 9694307, 6.40%, 2/19/2027 | 8/22/2025 | 1619 | 1593 |
| 2068 | 9694319, 5.49%, 2/19/2027 | 8/22/2025 | 1949 | 2022 |
| 8866 | 9694335, 5.48%, 2/19/2027 | 8/22/2025 | 8421 | 8592 |
| 36299 | 9694395, 6.09%, 2/19/2027<sup>(e)</sup> | 8/22/2025 | 35351 | 8586 |
| 1624 | 9694496, 6.40%, 2/19/2027 | 8/22/2025 | 1559 | 1533 |
| 66311 | 9694506, 5.24%, 2/19/2027 | 8/22/2025 | 64409 | 48815 |
| 22868 | 9694772, 4.50%, 2/19/2027 | 8/22/2025 | 21929 | 22245 |
| 37460 | 9694855, 6.09%, 2/19/2027 | 8/22/2025 | 35975 | 35064 |
| 1376 | 9695041, 6.38%, 2/19/2027<sup>(e)</sup> | 8/22/2025 | 1350 | 129 |
| 8776 | 9695050, 5.24%, 2/19/2027 | 8/22/2025 | 8404 | 8401 |
| 1651 | 9695128, 4.51%, 2/19/2027 | 8/22/2025 | 1572 | 1621 |
| 7012 | 9695142, 4.50%, 2/19/2027 | 8/22/2025 | 6721 | 6835 |
| 3754 | 9695175, 4.50%, 2/19/2027 | 8/22/2025 | 3571 | 3687 |
| 1324 | 9695204, 5.74%, 2/19/2027 | 8/22/2025 | 1268 | 1240 |
| 3719 | 9695285, 4.50%, 2/19/2027 | 8/22/2025 | 3514 | 3662 |
| 2263 | 9695316, 5.49%, 2/19/2027 | 8/22/2025 | 2185 | 2034 |
| 6928 | 9695331, 4.50%, 2/19/2027 | 8/22/2025 | 6634 | 6755 |
| 61369 | 9695357, 4.50%, 2/19/2027 | 8/22/2025 | 59072 | 58738 |
| 2202 | 9695590, 6.10%, 2/19/2027 | 8/22/2025 | 2084 | 2130 |
| 27581 | 9695622, 4.50%, 2/19/2027 | 8/22/2025 | 26164 | 27127 |
| 9293 | 9695806, 5.48%, 2/20/2027 | 8/25/2025 | 8849 | 8914 |
| 2712 | 9695986, 4.50%, 2/20/2027 | 8/25/2025 | 2596 | 2639 |
| 2425 | 9696027, 5.24%, 2/20/2027 | 8/25/2025 | 2303 | 2354 |
| 10194 | 9696066, 6.40%, 2/20/2027 | 8/25/2025 | 9594 | 9814 |
| 6316 | 9696241, 4.50%, 2/20/2027 | 8/25/2025 | 6058 | 6179 |
| 10115 | 9696309, 5.24%, 2/20/2027 | 8/25/2025 | 9566 | 9873 |
| 4360 | 9696499, 4.93%, 2/20/2027 | 8/25/2025 | 4143 | 4252 |
| 9848 | 9696573, 4.50%, 2/20/2027 | 8/25/2025 | 9422 | 9600 |
| 2261 | 9696792, 6.09%, 2/20/2027 | 8/25/2025 | 2192 | 1905 |
| 3581 | 9697000, 5.48%, 2/20/2027 | 8/25/2025 | 3414 | 3435 |
| 2683 | 9697027, 4.50%, 2/20/2027 | 8/25/2025 | 2570 | 2611 |
| 1453 | 9697057, 6.41%, 2/20/2027 | 8/25/2025 | 1399 | 1368 |
| 28507 | 9697100, 6.40%, 2/20/2027 | 8/25/2025 | 27277 | 27007 |
| 739 | 9697464, 6.39%, 2/20/2027<sup>(e)</sup> | 8/25/2025 | 718 | 475 |
| 1137 | 9697514, 6.09%, 2/20/2027 | 8/25/2025 | 1055 | 1109 |
| 1525 | 9697563, 5.24%, 2/20/2027 | 8/25/2025 | 1436 | 1496 |

---

*See Notes to Financial Statements.*

168 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 11245 | 9697576, 6.09%, 2/20/2027 | 8/25/2025 | 10911 | 7660 |
| 20855 | 9697650, 4.50%, 2/20/2027 | 8/25/2025 | 19942 | 20339 |
| 1350 | 9697763, 4.93%, 2/20/2027 | 8/25/2025 | 1263 | 1329 |
| 3058 | 9697770, 4.51%, 2/20/2027 | 8/25/2025 | 2925 | 2984 |
| 1484 | 9697820, 6.10%, 2/20/2027 | 8/25/2025 | 1433 | 1324 |
| 11438 | 9697827, 4.50%, 2/20/2027 | 8/25/2025 | 10984 | 11073 |
| 59078 | 9697938, 4.50%, 2/20/2027 | 8/25/2025 | 56316 | 57897 |
| 2558 | 9698302, 4.51%, 2/20/2027 | 8/25/2025 | 2447 | 2489 |
| 3562 | 9698312, 5.24%, 2/20/2027 | 8/25/2025 | 3395 | 3430 |
| 41552 | 9698331, 5.48%, 2/20/2027 | 8/25/2025 | 39726 | 39754 |
| 4489 | 9698588, 5.24%, 2/20/2027 | 8/25/2025 | 4293 | 4309 |
| 2243 | 9698632, 4.93%, 2/20/2027 | 8/25/2025 | 2143 | 2142 |
| 3997 | 9698654, 6.04%, 2/20/2027 | 8/25/2025 | 3941 | 2773 |
| 1205 | 9698676, 6.40%, 2/20/2027 | 8/25/2025 | 1057 | 1174 |
| 9616 | 9698824, 4.93%, 2/20/2027 | 8/25/2025 | 9187 | 9319 |
| 10238 | 9698915, 5.24%, 2/20/2027 | 8/25/2025 | 9794 | 9803 |
| 3725 | 9699006, 5.73%, 2/20/2027 | 8/25/2025 | 3575 | 3504 |
| 2422 | 9699034, 5.49%, 2/20/2027 | 8/25/2025 | 2325 | 2268 |
| 3484 | 9699066, 5.49%, 2/20/2027 | 8/25/2025 | 3353 | 3232 |
| 18456 | 9699079, 4.93%, 2/20/2027 | 8/25/2025 | 17851 | 15240 |
| 4162 | 9699164, 6.40%, 2/20/2027 | 8/25/2025 | 3969 | 3953 |
| 8963 | 9699207, 4.50%, 2/20/2027 | 8/25/2025 | 8577 | 8738 |
| 7689 | 9699260, 4.51%, 2/20/2027 | 8/25/2025 | 7401 | 7349 |
| 3822 | 9699298, 6.40%, 2/20/2027 | 8/25/2025 | 3657 | 3604 |
| 44589 | 9699340, 5.24%, 2/20/2027 | 8/25/2025 | 42374 | 43304 |
| 17449 | 9699708, 4.50%, 2/20/2027 | 8/25/2025 | 16712 | 16999 |
| 996 | 9702421, 6.25%, 2/21/2027 | 8/26/2025 | 974 | 823 |
| 2188 | 9702429, 4.95%, 2/21/2027 | 8/26/2025 | 2077 | 2144 |
| 6884 | 9702456, 4.52%, 2/21/2027 | 8/26/2025 | 6522 | 6772 |
| 4149 | 9703023, 4.52%, 2/21/2027 | 8/26/2025 | 3955 | 4058 |
| 3375 | 9703120, 4.52%, 2/21/2027 | 8/26/2025 | 3244 | 3225 |
| 3688 | 9703248, 4.95%, 2/21/2027 | 8/26/2025 | 3533 | 3547 |
| 13772 | 9703315, 4.52%, 2/21/2027 | 8/26/2025 | 13193 | 13386 |
| 2102 | 9703516, 4.53%, 2/21/2027 | 8/26/2025 | 2012 | 2049 |
| 701 | 9703528, 5.48%, 2/21/2027 | 8/26/2025 | 657 | 687 |
| 1270 | 9703545, 5.51%, 2/21/2027 | 8/26/2025 | 1194 | 1242 |
| 2367 | 9703575, 4.51%, 2/21/2027 | 8/26/2025 | 2268 | 2302 |
| 6001 | 9703610, 4.52%, 2/21/2027 | 8/26/2025 | 5735 | 5860 |
| 2042 | 9703678, 4.52%, 2/21/2027 | 8/26/2025 | 1952 | 1996 |
| 17521 | 9703699, 6.42%, 2/21/2027 | 8/26/2025 | 16745 | 16544 |
| 7495 | 9703957, 4.52%, 2/21/2027 | 8/26/2025 | 7192 | 7257 |
| 1937 | 9704036, 5.50%, 2/21/2027 | 8/26/2025 | 1840 | 1875 |
| 6462 | 9704111, 4.52%, 2/21/2027 | 8/26/2025 | 6182 | 6301 |
| 2661 | 9704211, 6.06%, 2/21/2027 | 8/26/2025 | 2622 | 1826 |
| 3564 | 9704252, 5.51%, 2/21/2027 | 8/26/2025 | 3384 | 3452 |
| 2813 | 9704332, 4.53%, 2/21/2027 | 8/26/2025 | 2708 | 2693 |
| 15438 | 9704352, 4.52%, 2/21/2027 | 8/26/2025 | 14805 | 14992 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 169

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 7834 | 9704527, 5.26%, 2/21/2027 | 8/26/2025 | 7546 | 7160 |
| 2192 | 9704625, 5.50%, 2/21/2027 | 8/26/2025 | 2097 | 2075 |
| 15965 | 9704628, 4.95%, 2/21/2027 | 8/26/2025 | 15225 | 15487 |
| 11069 | 9704842, 4.52%, 2/21/2027 | 8/26/2025 | 10593 | 10766 |
| 3125 | 9704898, 4.52%, 2/21/2027 | 8/26/2025 | 2988 | 3050 |
| 925 | 9705078, 5.74%, 2/21/2027 | 8/26/2025 | 880 | 891 |
| 7186 | 9705090, 6.42%, 2/21/2027 | 8/26/2025 | 6987 | 4536 |
| 4300 | 9705138, 4.52%, 2/21/2027 | 8/26/2025 | 4104 | 4212 |
| 2226 | 9705164, 4.96%, 2/21/2027 | 8/26/2025 | 2124 | 2159 |
| 1393 | 9705183, 4.52%, 2/21/2027 | 8/26/2025 | 1334 | 1357 |
| 3667 | 9705209, 5.25%, 2/21/2027<sup>(e)</sup> | 8/26/2025 | 3549 | 2859 |
| 8505 | 9705244, 6.12%, 2/21/2027 | 8/26/2025 | 7981 | 8268 |
| 17603 | 9705341, 4.52%, 2/21/2027 | 8/26/2025 | 16790 | 17232 |
| 4557 | 9705442, 4.52%, 2/21/2027 | 8/26/2025 | 4387 | 4001 |
| 11950 | 9705449, 6.12%, 2/21/2027 | 8/26/2025 | 11533 | 10293 |
| 2043 | 9705509, 4.53%, 2/21/2027 | 8/26/2025 | 1973 | 1836 |
| 297 | 9705563, 5.29%, 2/21/2027<sup>(e)</sup> | 8/26/2025 | 291 | 268 |
| 35265 | 9705568, 4.52%, 2/21/2027 | 8/26/2025 | 33760 | 34372 |
| 10610 | 9705836, 5.51%, 2/21/2027 | 8/26/2025 | 9997 | 10355 |
| 2358 | 9705968, 4.53%, 2/21/2027 | 8/26/2025 | 2261 | 2284 |
| 665 | 9706016, 6.28%, 2/21/2027 | 8/26/2025 | 642 | 615 |
| 5894 | 9706024, 4.52%, 2/21/2027 | 8/26/2025 | 5572 | 5803 |
| 3269 | 9706108, 4.52%, 2/21/2027 | 8/26/2025 | 3142 | 3150 |
| 3525 | 9706290, 4.52%, 2/21/2027 | 8/26/2025 | 3385 | 3408 |
| 5783 | 9706350, 6.43%, 2/21/2027 | 8/26/2025 | 5641 | 4509 |
| 35937 | 9706375, 4.95%, 2/21/2027 | 8/26/2025 | 34638 | 33378 |
| 2527 | 9706700, 6.11%, 2/21/2027 | 8/26/2025 | 2429 | 2327 |
| 55892 | 9706751, 4.95%, 2/21/2027 | 8/26/2025 | 53764 | 52709 |
| 1645 | 9706989, 4.95%, 2/22/2027 | 8/27/2025 | 1535 | 1622 |
| 809 | 9707039, 6.41%, 2/22/2027 | 8/27/2025 | 764 | 784 |
| 3381 | 9707073, 6.42%, 2/22/2027 | 8/27/2025 | 3269 | 3018 |
| 5142 | 9707132, 6.43%, 2/22/2027 | 8/27/2025 | 4927 | 4864 |
| 5059 | 9707175, 4.95%, 2/22/2027 | 8/27/2025 | 4860 | 4791 |
| 18982 | 9707255, 4.95%, 2/22/2027 | 8/27/2025 | 18142 | 18272 |
| 23602 | 9707530, 4.52%, 2/22/2027 | 8/27/2025 | 22589 | 22956 |
| 7516 | 9707982, 4.52%, 2/22/2027<sup>(e)</sup> | 8/27/2025 | 7287 | 3297 |
| 13764 | 9708054, 5.75%, 2/22/2027 | 8/27/2025 | 13207 | 12882 |
| 4086 | 9708211, 4.52%, 2/22/2027 | 8/27/2025 | 3918 | 3955 |
| 575 | 9708297, 6.27%, 2/22/2027 | 8/27/2025 | 555 | 548 |
| 2133 | 9708319, 5.29%, 2/22/2027 | 8/27/2025 | 2084 | 2027 |
| 1290 | 9708351, 5.74%, 2/22/2027<sup>(e)</sup> | 8/27/2025 | 1245 | 1119 |
| 3010 | 9708356, 5.26%, 2/22/2027 | 8/27/2025 | 2877 | 2877 |
| 44095 | 9708373, 4.52%, 2/22/2027 | 8/27/2025 | 42327 | 42567 |
| 3596 | 9708737, 4.96%, 2/22/2027 | 8/27/2025 | 3480 | 2919 |
| 8333 | 9708765, 4.52%, 2/22/2027 | 8/27/2025 | 7973 | 8088 |
| 15204 | 9708862, 4.95%, 2/22/2027 | 8/27/2025 | 14541 | 14625 |

---

*See Notes to Financial Statements.*

170 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** |  | |
| 52832 | 9709015, 4.52%, 2/22/2027 | 8/27/2025 | 50575.0 | 51356 |
| 54751 | 9709599, 4.95%, 2/22/2027 | 8/27/2025 | 52559.0 | 52103 |
| 11167 | 9709948, 5.26%, 2/22/2027 | 8/27/2025 | 10607.0 | 10834 |
| 1881 | 9710089, 4.52%, 2/22/2027 | 8/27/2025 | 1808.0 | 1811 |
| 4265 | 9710110, 5.26%, 2/22/2027 | 8/27/2025 | 4112.0 | 3875 |
| 1211 | 9710144, 5.25%, 2/22/2027 | 8/27/2025 | 1138.0 | 1189 |
| 672 | 9710163, 6.27%, 2/22/2027 | 8/27/2025 | 648.0 | 639 |
| 3405 | 9710182, 4.95%, 2/22/2027 | 8/27/2025 | 3279.0 | 3162 |
| 5506 | 9710234, 4.52%, 2/22/2027 | 8/27/2025 | 5263.0 | 5374 |
| 22592 | 9710302, 6.42%, 2/22/2027 | 8/27/2025 | 21677.0 | 20981 |
| 1394 | 9710643, 4.52%, 2/22/2027 | 8/27/2025 | 1333.0 | 1361 |
| 6394 | 9710661, 4.52%, 2/22/2027 | 8/27/2025 | 6142.0 | 6167 |
| 1953 | 9710837, 4.52%, 2/22/2027 | 8/27/2025 | 1871.0 | 1898 |
| 4088 | 9710855, 4.95%, 2/22/2027 | 8/27/2025 | 3937.0 | 3332 |
| 9842 | 9710893, 4.95%, 2/22/2027 | 8/27/2025 | 9392.0 | 9547 |
| 3277 | 9710959, 4.53%, 2/22/2027 | 8/27/2025 | 3151.0 | 3153 |
| 3732 | 9711018, 5.26%, 2/22/2027 | 8/27/2025 | 3532.0 | 3643 |
| 6015 | 9711095, 4.52%, 2/22/2027 | 8/27/2025 | 5745.0 | 5867 |
| 11083 | 9711215, 4.52%, 2/22/2027 | 8/27/2025 | 10530.0 | 10883 |
| 223 | 9711300, 5.28%, 2/22/2027 | 8/27/2025 | 217.0 | 213 |
| 2997 | 9711301, 5.50%, 2/22/2027 | 8/27/2025 | 2870.0 | 2834 |
| 6980 | 9711327, 5.75%, 2/22/2027 | 8/27/2025 | 6639.0 | 6537 |
| 564 | 9711354, 6.42%, 2/23/2027 | 8/28/2025 | 534.0 | 547 |
| 22926 | 9711383, 4.52%, 2/23/2027 | 8/28/2025 | 21996.0 | 22189 |
| 203 | 9711454, 5.31%, 2/23/2027 | 8/28/2025 | 192.0 | 196 |
| 1063 | 9711458, 5.51%, 2/23/2027 | 8/28/2025 | 1022.0 | 986 |
| 2399 | 9711465, 6.12%, 2/23/2027 | 8/28/2025 | 2285.0 | 2278 |
| 17266 | 9711472, 5.75%, 2/23/2027 | 8/28/2025 | 16663.0 | 14908 |
| 4141 | 9711535, 4.53%, 2/23/2027 | 8/28/2025 | 3971.0 | 4009 |
| 3483 | 9711549, 5.26%, 2/23/2027 | 8/28/2025 | 3326.0 | 3336 |
| 1648 | 9711568, 5.26%, 2/23/2027 | 8/28/2025 | 1586.0 | 1501 |
| 2927 | 9711612, 4.53%, 2/23/2027 | 8/28/2025 | 2807.0 | 2831 |
| 5748 | 9711670, 4.52%, 2/23/2027 | 8/28/2025 | 5489.0 | 5605 |
| 13922 | 9711712, 4.52%, 2/23/2027 | 8/28/2025 | 13155.0 | 13711 |
| 4005 | 9711793, 4.52%, 2/23/2027 | 8/28/2025 | 3808.0 | 3928 |
| 3599 | 9711815, 4.95%, 2/23/2027 | 8/28/2025 | 3444.0 | 3463 |
| 4234 | 9711834, 5.25%, 2/23/2027 | 8/28/2025 | 4037.0 | 4070 |
| 1591 | 9711870, 6.43%, 2/23/2027 | 8/28/2025 | 1529.0 | 1452 |
| 985 | 9711874, 6.42%, 2/23/2027 | 8/28/2025 | 929.0 | 952 |
| 8306 | 9711884, 4.95%, 2/23/2027 | 8/28/2025 | 7959.0 | 7907 |
| 24209 | 9711909, 4.52%, 2/23/2027 | 8/28/2025 | 23244.0 | 23349 |
| 1676 | 9712022, 6.42%, 2/23/2027<sup>(e)</sup> | 8/28/2025 | 1631.0 | 1047 |
| 6995 | 9712058, 4.52%, 2/23/2027 | 8/28/2025 | 6710.0 | 6770 |
| 7524 | 9712099, 4.52%, 2/23/2027 | 8/28/2025 | 7209.0 | 7287 |
| 2088 | 9712148, 5.50%, 2/24/2027 | 8/28/2025 | 2005.0 | 1939 |
| 771 | 9712162, 6.39%, 2/24/2027 | 8/28/2025 | 736.0 | 730 |
| 3702 | 9712176, 4.51%, 2/24/2027 | 8/28/2025 | 3550.0 | 3585 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 171

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1225 | 9712259, 6.43%, 2/24/2027 | 8/28/2025 | 1184 | 1093 |
| 3084 | 9712272, 4.51%, 2/24/2027 | 8/28/2025 | 2953 | 2996 |
| 5193 | 9712294, 4.51%, 2/24/2027 | 8/28/2025 | 4980 | 5030 |
| 7033 | 9712326, 6.41%, 2/24/2027 | 8/28/2025 | 6875 | 4201 |
| 10460 | 9712347, 4.51%, 2/24/2027 | 8/28/2025 | 10046 | 10071 |
| 8812 | 9712411, 5.74%, 2/24/2027 | 8/28/2025 | 8366 | 8487 |
| 10349 | 9712465, 5.25%, 2/24/2027 | 8/28/2025 | 9944 | 9631 |
| 11268 | 9712504, 4.94%, 2/24/2027 | 8/28/2025 | 10836 | 10633 |
| 3275 | 9712548, 4.51%, 2/24/2027 | 8/28/2025 | 3129 | 3196 |
| 1635 | 9712569, 5.75%, 2/24/2027 | 8/28/2025 | 1561 | 1550 |
| 15521 | 9712574, 4.51%, 2/24/2027 | 8/28/2025 | 14853 | 15076 |
| 1560 | 9712654, 4.94%, 2/24/2027 | 8/28/2025 | 1489 | 1510 |
| 29294 | 9712658, 5.28%, 2/24/2027 | 8/28/2025 | 28990 | 19700 |
| 3136 | 9712782, 4.51%, 2/24/2027 | 8/28/2025 | 2998 | 3057 |
| 6048 | 9712796, 4.51%, 2/24/2027 | 8/28/2025 | 5842 | 5399 |
| 2512 | 9712823, 4.52%, 2/24/2027 | 8/28/2025 | 2411 | 2430 |
| 3973 | 9712832, 4.51%, 2/24/2027 | 8/28/2025 | 3801 | 3871 |
| 522 | 9712858, 5.25%, 2/24/2027 | 8/28/2025 | 480 | 517 |
| 4854 | 9712865, 4.51%, 2/24/2027 | 8/28/2025 | 4639 | 4737 |
| 1360 | 9712891, 6.05%, 2/24/2027 | 8/28/2025 | 1303 | 1311 |
| 3524 | 9712908, 4.52%, 2/24/2027 | 8/28/2025 | 3383 | 3398 |
| 6345 | 9712929, 5.25%, 2/24/2027 | 8/28/2025 | 6034 | 6109 |
| 1778 | 9713811, 4.51%, 2/25/2027 | 8/28/2025 | 1714 | 1609 |
| 740 | 9713814, 6.27%, 2/25/2027 | 8/28/2025 | 722 | 651 |
| 454 | 9713855, 6.03%, 2/25/2027 | 8/28/2025 | 439 | 436 |
| 2828 | 9713859, 4.50%, 2/25/2027 | 8/28/2025 | 2703 | 2759 |
| 5747 | 9714003, 5.49%, 2/25/2027 | 8/28/2025 | 5484 | 5508 |
| 14047 | 9714132, 4.50%, 2/25/2027 | 8/28/2025 | 13246 | 13837 |
| 1541 | 9714372, 5.24%, 2/25/2027 | 8/28/2025 | 1471 | 1471 |
| 5378 | 9714402, 4.93%, 2/25/2027 | 8/28/2025 | 5077 | 5268 |
| 474 | 9714601, 6.37%, 2/25/2027 | 8/28/2025 | 457 | 447 |
| 4108 | 9714639, 4.50%, 2/25/2027 | 8/28/2025 | 3939 | 4012 |
| 9800 | 9714822, 5.73%, 2/25/2027 | 8/28/2025 | 9169 | 9583 |
| 7855 | 9715000, 4.50%, 2/25/2027 | 8/28/2025 | 7456 | 7716 |
| 7526 | 9715072, 4.50%, 2/25/2027 | 8/28/2025 | 7187 | 7362 |
| 57397 | 9715150, 4.50%, 2/25/2027 | 8/28/2025 | 55041 | 55551 |
| 3534 | 9715614, 6.40%, 2/25/2027 | 8/28/2025 | 3419 | 3151 |
| 1289 | 9715686, 6.39%, 2/25/2027 | 8/28/2025 | 1205 | 1252 |
| 1585 | 9715718, 6.09%, 2/25/2027 | 8/28/2025 | 1427 | 1547 |
| 4495 | 9715721, 4.51%, 2/25/2027 | 8/28/2025 | 4304 | 4379 |
| 26656 | 9715754, 4.50%, 2/25/2027 | 8/28/2025 | 25549 | 25886 |
| 14624 | 9715994, 4.93%, 2/25/2027 | 8/28/2025 | 14089 | 13536 |
| 3592 | 9716084, 4.93%, 2/25/2027 | 8/28/2025 | 3396 | 3520 |
| 36586 | 9716112, 4.93%, 2/25/2027 | 8/28/2025 | 35078 | 34858 |
| 19424 | 9716387, 6.09%, 2/25/2027 | 8/28/2025 | 18329 | 18795 |
| 2925 | 9716562, 5.49%, 2/25/2027 | 8/28/2025 | 2700 | 2886 |

---

*See Notes to Financial Statements.*

172 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 26344 | 9716595, 5.24%, 2/25/2027 | 8/28/2025 | 24959 | 25669 |
| 1259 | 9716750, 4.49%, 2/25/2027 | 8/28/2025 | 1205 | 1223 |
| 8203 | 9716754, 4.51%, 2/25/2027 | 8/28/2025 | 7771 | 8070 |
| 27470 | 9716815, 4.93%, 2/25/2027 | 8/28/2025 | 26236 | 26599 |
| 9890 | 9716967, 5.48%, 2/25/2027 | 8/28/2025 | 9485 | 9304 |
| 1784 | 9717070, 5.27%, 2/25/2027 | 8/28/2025 | 1736 | 1692 |
| 13035 | 9717093, 4.93%, 2/25/2027 | 8/28/2025 | 12499 | 12431 |
| 4791 | 9717180, 4.50%, 2/25/2027 | 8/28/2025 | 4586 | 4659 |
| 3347 | 9717217, 4.50%, 2/25/2027 | 8/28/2025 | 3202 | 3274 |
| 43768 | 9717221, 5.24%, 2/25/2027 | 8/28/2025 | 41569 | 42427 |
| 10237 | 9717449, 4.50%, 2/25/2027 | 8/28/2025 | 9804 | 9955 |
| 6740 | 9717513, 4.51%, 2/25/2027 | 8/28/2025 | 6494 | 6116 |
| 9595 | 9717569, 5.24%, 2/25/2027 | 8/28/2025 | 9122 | 9297 |
| 45199 | 9717648, 4.93%, 2/25/2027 | 8/28/2025 | 43468 | 42594 |
| 4707 | 9717871, 6.40%, 2/25/2027 | 8/28/2025 | 4425 | 4572 |
| 7965 | 9717887, 4.50%, 2/25/2027 | 8/28/2025 | 7630 | 7738 |
| 26334 | 9717914, 4.50%, 2/25/2027 | 8/28/2025 | 25054 | 25841 |
| 2107 | 9718050, 5.23%, 2/25/2027 | 8/28/2025 | 1997 | 2055 |
| 5475 | 9718061, 4.50%, 2/25/2027 | 8/28/2025 | 5254 | 5300 |
| 1623 | 9718104, 6.11%, 2/25/2027 | 8/28/2025 | 1560 | 1496 |
| 16897 | 9718112, 5.24%, 2/25/2027 | 8/28/2025 | 16060 | 16380 |
| 1438 | 9718258, 4.50%, 2/25/2027 | 8/28/2025 | 1381 | 1391 |
| 53025 | 9718267, 4.93%, 2/25/2027 | 8/28/2025 | 50732 | 50978 |
| 14401 | 9718555, 4.50%, 2/26/2027 | 8/29/2025 | 13777 | 14019 |
| 17164 | 9718822, 4.50%, 2/26/2027 | 8/29/2025 | 16216 | 16862 |
| 2664 | 9719085, 4.93%, 2/26/2027 | 8/29/2025 | 2544 | 2581 |
| 2780 | 9719126, 4.51%, 2/26/2027 | 8/29/2025 | 2655 | 2717 |
| 307 | 9719179, 5.25%, 2/26/2027 | 8/29/2025 | 300 | 291 |
| 1790 | 9719190, 6.10%, 2/26/2027 | 8/29/2025 | 1686 | 1735 |
| 1405 | 9719230, 4.50%, 2/26/2027 | 8/29/2025 | 1343 | 1371 |
| 1033 | 9719257, 6.40%, 2/26/2027 | 8/29/2025 | 942 | 1016 |
| 1356 | 9719279, 6.11%, 2/26/2027 | 8/29/2025 | 1312 | 949 |
| 7496 | 9719330, 5.48%, 2/26/2027 | 8/29/2025 | 7130 | 7234 |
| 5294 | 9719522, 4.50%, 2/26/2027 | 8/29/2025 | 5101 | 4793 |
| 22921 | 9719653, 4.50%, 2/26/2027 | 8/29/2025 | 21977 | 22165 |
| 15 | 9719912, 6.24%, 2/26/2027 | 8/29/2025 | 13 | 14 |
| 27188 | 9719916, 4.93%, 2/26/2027 | 8/29/2025 | 25762 | 26586 |
| 4311 | 9720146, 4.93%, 2/26/2027 | 8/29/2025 | 4041 | 4244 |
| 40241 | 9720200, 4.50%, 2/26/2027 | 8/29/2025 | 38563 | 39101 |
| 889 | 9720470, 6.39%, 2/26/2027 | 8/29/2025 | 856 | 808 |
| 5125 | 9720486, 4.51%, 2/26/2027 | 8/29/2025 | 4920 | 4932 |
| 851 | 9720582, 6.09%, 2/26/2027 | 8/29/2025 | 807 | 817 |
| 4028 | 9720594, 4.50%, 2/26/2027 | 8/29/2025 | 3850 | 3929 |
| 3737 | 9720629, 4.51%, 2/26/2027 | 8/29/2025 | 3567 | 3657 |
| 11229 | 9720685, 5.24%, 2/26/2027 | 8/29/2025 | 10777 | 10489 |
| 2594 | 9720765, 4.93%, 2/26/2027 | 8/29/2025 | 2446 | 2541 |
| 2302 | 9720770, 6.40%, 2/26/2027<sup>(e)</sup> | 8/29/2025 | 2258 | 263 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 173

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 13358 | 9720798, 4.50%, 2/26/2027<sup>(e)</sup> | 8/29/2025 | 12884 | 12042 |
| 2118 | 9720877, 6.39%, 2/26/2027 | 8/29/2025 | 2046 | 1765 |
| 2042 | 9720889, 5.48%, 2/26/2027 | 8/29/2025 | 1953 | 1926 |
| 2101 | 9720906, 5.25%, 2/26/2027 | 8/29/2025 | 2003 | 2020 |
| 3845 | 9720920, 4.50%, 2/26/2027 | 8/29/2025 | 3689 | 3719 |
| 36602 | 9720944, 5.73%, 2/26/2027 | 8/29/2025 | 34873 | 34751 |
| 22878 | 9721160, 6.09%, 2/26/2027 | 8/29/2025 | 22029 | 20626 |
| 1328 | 9721444, 4.51%, 2/26/2027 | 8/29/2025 | 1271 | 1292 |
| 6348 | 9721457, 4.50%, 2/26/2027 | 8/29/2025 | 6086 | 6161 |
| 17618 | 9721508, 5.24%, 2/26/2027 | 8/29/2025 | 16831 | 16851 |
| 1442 | 9721632, 4.51%, 2/26/2027 | 8/29/2025 | 1382 | 1400 |
| 25212 | 9721639, 4.50%, 2/26/2027 | 8/29/2025 | 24149 | 24495 |
| 1958 | 9721741, 5.27%, 2/26/2027<sup>(e)</sup> | 8/29/2025 | 1941 | 907 |
| 3596 | 9721746, 4.50%, 2/26/2027 | 8/29/2025 | 3445 | 3502 |
| 2756 | 9721767, 5.72%, 2/26/2027 | 8/29/2025 | 2632 | 2614 |
| 63297 | 9721798, 5.24%, 2/26/2027 | 8/29/2025 | 60623 | 59929 |
| 2401 | 9722144, 4.51%, 2/26/2027 | 8/29/2025 | 2302 | 2322 |
| 6038 | 9722146, 4.50%, 2/26/2027 | 8/29/2025 | 5808 | 5775 |
| 8872 | 9722205, 4.50%, 2/26/2027 | 8/29/2025 | 8497 | 8616 |
| 10924 | 9722285, 4.51%, 2/26/2027 | 8/29/2025 | 10475 | 10579 |
| 9719 | 9722333, 5.73%, 2/26/2027 | 8/29/2025 | 9286 | 9207 |
| 1939 | 9722410, 6.11%, 2/26/2027<sup>(e)</sup> | 8/29/2025 | 1880 | 1272 |
| 5826 | 9722415, 5.49%, 2/26/2027 | 8/29/2025 | 5618 | 5210 |
| 72224 | 9722443, 5.73%, 2/26/2027 | 8/29/2025 | 69751 | 62298 |
| 6967 | 9722737, 4.51%, 2/26/2027 | 8/29/2025 | 6702 | 6664 |
| 7102 | 9722778, 4.50%, 2/26/2027 | 8/29/2025 | 6784 | 6927 |
| 4577 | 9722872, 4.50%, 2/26/2027 | 8/29/2025 | 4395 | 4410 |
| 11719 | 9722928, 4.50%, 2/26/2027 | 8/29/2025 | 11123 | 11513 |
| 5342 | 9723119, 4.51%, 2/27/2027 | 9/2/2025 | 5089 | 5229 |
| 1075 | 9723123, 4.52%, 2/27/2027 | 9/2/2025 | 1028 | 1048 |
| 19588 | 9723126, 5.48%, 2/27/2027 | 9/2/2025 | 18168 | 19213 |
| 3654 | 9723395, 5.73%, 2/27/2027 | 9/2/2025 | 3471 | 3507 |
| 3699 | 9723444, 6.10%, 2/27/2027 | 9/2/2025 | 3499 | 3548 |
| 5467 | 9723485, 4.93%, 2/27/2027 | 9/2/2025 | 5246 | 5167 |
| 744 | 9723525, 6.01%, 2/27/2027 | 9/2/2025 | 726 | 684 |
| 4422 | 9723549, 4.93%, 2/27/2027 | 9/2/2025 | 4255 | 4094 |
| 1199 | 9723617, 5.25%, 2/27/2027<sup>(e)</sup> | 9/2/2025 | 1171 | 526 |
| 5709 | 9723623, 4.50%, 2/27/2027 | 9/2/2025 | 5486 | 5483 |
| 3247 | 9723700, 4.51%, 2/27/2027 | 9/2/2025 | 3081 | 3185 |
| 5557 | 9723737, 5.49%, 2/27/2027 | 9/2/2025 | 5300 | 5322 |
| 2910 | 9723850, 6.10%, 2/27/2027 | 9/2/2025 | 2797 | 2680 |
| 2262 | 9723908, 6.04%, 2/27/2027 | 9/2/2025 | 2198 | 2119 |
| 10678 | 9724050, 4.51%, 2/27/2027 | 9/2/2025 | 10201 | 10418 |
| 15887 | 9724155, 4.50%, 2/27/2027 | 9/2/2025 | 15192 | 15473 |
| 4716 | 9724353, 4.50%, 2/27/2027 | 9/2/2025 | 4522 | 4555 |
| 2264 | 9724431, 5.24%, 2/27/2027 | 9/2/2025 | 2186 | 1799 |

---

*See Notes to Financial Statements.*

174 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 24357 | 9724455, 5.73%, 2/27/2027 | 9/2/2025 | 23625 | 16696 |
| 3207 | 9724607, 6.10%, 2/27/2027 | 9/2/2025 | 3068 | 2993 |
| 1829 | 9724622, 6.09%, 2/27/2027 | 9/2/2025 | 1700 | 1769 |
| 1167 | 9724635, 5.50%, 2/27/2027 | 9/2/2025 | 1120 | 1083 |
| 4822 | 9724641, 4.93%, 2/27/2027 | 9/2/2025 | 4559 | 4721 |
| 3911 | 9724698, 6.41%, 2/27/2027<sup>(e)</sup> | 9/2/2025 | 3808 | 2174 |
| 6758 | 9724711, 4.51%, 2/27/2027 | 9/2/2025 | 6464 | 6565 |
| 2047 | 9724760, 5.73%, 2/27/2027 | 9/2/2025 | 1923 | 1948 |
|  | 9724776, 6.09%, 2/27/2027 | 9/2/2025 | (420) | (154) |
| 1539 | 9724845, 4.50%, 2/27/2027 | 9/2/2025 | 1476 | 1489 |
| 7597 | 9724872, 4.51%, 2/27/2027 | 9/2/2025 | 7298 | 7310 |
| 12952 | 9724959, 4.93%, 2/27/2027 | 9/2/2025 | 12542 | 10333 |
| 490 | 9725284, 6.09%, 2/27/2027 | 9/2/2025 | 442 | 481 |
| 2243 | 9725374, 4.51%, 2/27/2027 | 9/2/2025 | 2147 | 2172 |
| 14644 | 9725501, 5.73%, 2/27/2027 | 9/2/2025 | 13840 | 14173 |
| 2552 | 9725631, 5.49%, 2/27/2027 | 9/2/2025 | 2408 | 2463 |
| 3076 | 9725647, 6.09%, 2/27/2027 | 9/2/2025 | 2887 | 2979 |
| 189 | 9725684, 6.42%, 2/27/2027 | 9/2/2025 | 167 | 186 |
| 6580 | 9725690, 5.27%, 2/27/2027 | 9/2/2025 | 6450 | 5876 |
| 2785 | 9725739, 4.94%, 2/27/2027 | 9/2/2025 | 2676 | 2585 |
| 2868 | 9725757, 4.50%, 2/27/2027 | 9/2/2025 | 2716 | 2818 |
| 1434 | 9725800, 4.50%, 2/27/2027 | 9/2/2025 | 1370 | 1397 |
| 1323 | 9725819, 5.27%, 2/27/2027 | 9/2/2025 | 1299 | 1256 |
| 2202 | 9725840, 5.27%, 2/27/2027 | 9/2/2025 | 2166 | 1958 |
| 2196 | 9725843, 4.50%, 2/27/2027 | 9/2/2025 | 2097 | 2138 |
| 7287 | 9725903, 5.73%, 2/27/2027 | 9/2/2025 | 6907 | 7022 |
| 976 | 9725988, 6.39%, 2/27/2027 | 9/2/2025 | 930 | 932 |
| 6703 | 9725994, 4.51%, 2/27/2027 | 9/2/2025 | 6412 | 6517 |
| 8268 | 9726061, 5.73%, 2/27/2027 | 9/2/2025 | 7820 | 7955 |
| 12707 | 9726120, 4.50%, 2/27/2027 | 9/2/2025 | 12082 | 12462 |
| 30209 | 9726190, 4.50%, 2/27/2027 | 9/2/2025 | 28576 | 29702 |
| 5847 | 9726441, 5.24%, 2/27/2027 | 9/2/2025 | 5529 | 5700 |
| 1030 | 9726465, 6.39%, 2/27/2027 | 9/2/2025 | 939 | 1013 |
| 4795 | 9726476, 5.24%, 2/27/2027 | 9/2/2025 | 4549 | 4646 |
| 7264 | 9726496, 4.50%, 2/27/2027 | 9/2/2025 | 6913 | 7110 |
| 3963 | 9726518, 4.50%, 2/27/2027 | 9/2/2025 | 3789 | 3863 |
| 24672 | 9726583, 6.40%, 2/27/2027 | 9/2/2025 | 23133 | 23924 |
| 5738 | 9726713, 4.93%, 2/27/2027 | 9/2/2025 | 5462 | 5556 |
| 747 | 9726768, 6.08%, 2/27/2027 | 9/2/2025 | 690 | 726 |
| 18597 | 9726783, 6.40%, 2/27/2027 | 9/2/2025 | 17815 | 17268 |
| 2973 | 9727376, 6.25%, 2/27/2027<sup>(e)</sup> | 9/2/2025 | 2924 | 620 |
| 14456 | 9727399, 5.73%, 2/27/2027 | 9/2/2025 | 13599 | 13988 |
| 2541 | 9727556, 4.50%, 2/27/2027 | 9/2/2025 | 2435 | 2465 |
| 1412 | 9727576, 5.27%, 2/27/2027 | 9/2/2025 | 1366 | 1349 |
| 1646 | 9732102, 5.76%, 2/28/2027 | 9/3/2025 | 1585 | 1425 |
| 6283 | 9732136, 4.53%, 2/28/2027 | 9/3/2025 | 6025 | 6076 |
| 27090 | 9732261, 4.53%, 2/28/2027 | 9/3/2025 | 25949 | 26230 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 175

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2691 | 9732659, 4.53%, 2/28/2027 | 9/3/2025 | 2557 | 2636 |
| 4753 | 9732787, 4.53%, 2/28/2027 | 9/3/2025 | 4548 | 4615 |
| 1625 | 9732918, 6.14%, 2/28/2027 | 9/3/2025 | 1550 | 1524 |
| 441 | 9732963, 5.28%, 2/28/2027 | 9/3/2025 | 435 | 393 |
| 10296 | 9732989, 5.27%, 2/28/2027 | 9/3/2025 | 9836 | 9824 |
| 20249 | 9733245, 4.53%, 2/28/2027 | 9/3/2025 | 19161 | 19909 |
| 8669 | 9733644, 4.53%, 2/28/2027 | 9/3/2025 | 8300 | 8395 |
| 28185 | 9733952, 5.51%, 2/28/2027 | 9/3/2025 | 26743 | 27239 |
| 2215 | 9734280, 5.30%, 2/28/2027 | 9/3/2025 | 2159 | 2114 |
| 5309 | 9734335, 4.53%, 2/28/2027 | 9/3/2025 | 5076 | 5168 |
| 2111 | 9734433, 4.53%, 2/28/2027 | 9/3/2025 | 2015 | 2063 |
| 6987 | 9734446, 4.53%, 2/28/2027 | 9/3/2025 | 6661 | 6834 |
| 7709 | 9734529, 4.96%, 2/28/2027 | 9/3/2025 | 7379 | 7343 |
| 3488 | 9734557, 6.44%, 2/28/2027 | 9/3/2025 | 3361 | 3100 |
| 3484 | 9734635, 4.96%, 2/28/2027 | 9/3/2025 | 3331 | 3345 |
| 535 | 9734685, 6.13%, 2/28/2027 | 9/3/2025 | 506 | 518 |
| 1590 | 9734687, 4.53%, 2/28/2027 | 9/3/2025 | 1517 | 1555 |
| 2141 | 9734714, 4.53%, 2/28/2027 | 9/3/2025 | 2064 | 1934 |
| 2951 | 9734721, 4.53%, 2/28/2027 | 9/3/2025 | 2825 | 2869 |
| 5031 | 9734754, 4.53%, 2/28/2027 | 9/3/2025 | 4807 | 4901 |
| 15166 | 9734786, 6.44%, 2/28/2027<sup>(e)</sup> | 9/3/2025 | 14695 | 4718 |
| 4208 | 9734944, 5.26%, 2/28/2027 | 9/3/2025 | 3999 | 4051 |
| 1066 | 9735010, 6.07%, 2/28/2027 | 9/3/2025 | 1046 | 753 |
| 6230 | 9735041, 5.76%, 2/28/2027 | 9/3/2025 | 5828 | 6087 |
| 5117 | 9735139, 6.43%, 2/28/2027 | 9/3/2025 | 4809 | 4951 |
| 2372 | 9735269, 5.27%, 2/28/2027<sup>(e)</sup> | 9/3/2025 | 2301 | 849 |
| 3508 | 9735275, 4.53%, 2/28/2027 | 9/3/2025 | 3337 | 3435 |
| 76412 | 9735330, 4.53%, 2/28/2027 | 9/3/2025 | 73144 | 74040 |
| 1136 | 9736185, 6.13%, 2/28/2027 | 9/3/2025 | 1083 | 1074 |
| 2620 | 9736268, 4.97%, 2/28/2027 | 9/3/2025 | 2483 | 2561 |
| 429 | 9736321, 6.44%, 2/28/2027 | 9/3/2025 | 406 | 414 |
| 52079 | 9736335, 4.96%, 2/28/2027 | 9/3/2025 | 49581 | 50504 |
| 5664 | 9736795, 6.45%, 2/28/2027 | 9/4/2025 | 5227 | 5503 |
| 1331 | 9737060, 4.96%, 2/28/2027 | 9/4/2025 | 1279 | 1234 |
| 6832 | 9737081, 4.54%, 2/28/2027 | 9/4/2025 | 6565 | 6519 |
| 3441 | 9737213, 5.27%, 2/28/2027 | 9/4/2025 | 3295 | 3211 |
| 7205 | 9737261, 5.78%, 2/28/2027 | 9/4/2025 | 6945 | 5383 |
| 17922 | 9737397, 5.52%, 2/28/2027 | 9/4/2025 | 16616 | 17577 |
| 2407 | 9737897, 4.53%, 2/28/2027 | 9/4/2025 | 2312 | 2300 |
| 7518 | 9737984, 4.54%, 2/28/2027 | 9/4/2025 | 7126 | 7380 |
| 18960 | 9738197, 4.97%, 2/28/2027 | 9/4/2025 | 18024 | 18373 |
| 7019 | 9738547, 4.54%, 2/28/2027 | 9/4/2025 | 6745 | 6701 |
| 1521 | 9738669, 4.97%, 2/28/2027 | 9/4/2025 | 1415 | 1502 |
| 4367 | 9738685, 4.54%, 2/28/2027 | 9/4/2025 | 4138 | 4291 |
| 994 | 9738978, 5.31%, 2/28/2027 | 9/4/2025 | 976 | 933 |
| 11210 | 9739037, 4.54%, 2/28/2027 | 9/4/2025 | 10722 | 10855 |

---

*See Notes to Financial Statements.*

176 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2576 | 9739200, 4.53%, 2/28/2027 | 9/4/2025 | 2454 | 2522 |
| 3731 | 9739242, 6.45%, 2/28/2027 | 9/4/2025 | 3593 | 3249 |
| 257 | 9739346, 6.44%, 2/28/2027 | 9/4/2025 | 234 | 251 |
| 5839 | 9739383, 4.54%, 2/28/2027 | 9/4/2025 | 5588 | 5669 |
| 4987 | 9739476, 6.45%, 2/28/2027 | 9/4/2025 | 4813 | 4553 |
| 7053 | 9739537, 4.54%, 2/28/2027 | 9/4/2025 | 6743 | 6853 |
| 8240 | 9739768, 4.54%, 2/28/2027 | 9/4/2025 | 7877 | 8012 |
| 37180 | 9739924, 4.54%, 2/28/2027 | 9/4/2025 | 35572 | 36017 |
| 2954 | 9740389, 6.44%, 2/28/2027<sup>(e)</sup> | 9/4/2025 | 2873 | 724 |
| 1207 | 9740414, 6.16%, 2/28/2027 | 9/4/2025 | 1152 | 1126 |
| 21462 | 9740434, 4.54%, 2/28/2027 | 9/4/2025 | 20632 | 20472 |
| 28418 | 9740666, 4.54%, 2/28/2027 | 9/4/2025 | 27137 | 27685 |
| 4073 | 9741274, 4.54%, 2/28/2027 | 9/4/2025 | 3895 | 3959 |
| 4627 | 9741325, 4.54%, 2/28/2027 | 9/4/2025 | 4463 | 4146 |
| 4112 | 9741437, 4.54%, 2/28/2027<sup>(e)</sup> | 9/4/2025 | 3962 | 2335 |
| 4631 | 9741794, 4.98%, 2/28/2027 | 9/5/2025 | 4419 | 4444 |
| 10047 | 9741839, 5.78%, 2/28/2027 | 9/5/2025 | 9529 | 9553 |
| 7953 | 9741913, 6.31%, 2/28/2027 | 9/5/2025 | 7695 | 7269 |
| 562 | 9741992, 5.29%, 2/28/2027 | 9/5/2025 | 529 | 549 |
| 9461 | 9742000, 5.54%, 2/28/2027 | 9/5/2025 | 9072 | 8744 |
| 10328 | 9742068, 6.46%, 2/28/2027 | 9/5/2025 | 9801 | 9744 |
| 1197 | 9742147, 6.30%, 2/28/2027 | 9/5/2025 | 1154 | 1094 |
| 3929 | 9742157, 4.98%, 2/28/2027 | 9/5/2025 | 3740 | 3799 |
| 1072 | 9742181, 6.13%, 2/28/2027 | 9/5/2025 | 1026 | 992 |
| 3345 | 9742189, 6.45%, 2/28/2027 | 9/5/2025 | 3195 | 3103 |
| 1589 | 9742203, 4.56%, 2/28/2027 | 9/5/2025 | 1511 | 1555 |
| 5703 | 9742215, 4.55%, 2/28/2027 | 9/5/2025 | 5339 | 5631 |
| 1629 | 9742283, 5.53%, 2/28/2027 | 9/5/2025 | 1554 | 1540 |
| 2160 | 9742322, 6.46%, 2/28/2027 | 9/5/2025 | 2085 | 1427 |
| 668 | 9742331, 6.46%, 2/28/2027 | 9/5/2025 | 638 | 622 |
| 1174 | 9742334, 5.29%, 2/28/2027 | 9/5/2025 | 1116 | 1127 |
| 3023 | 9742341, 4.55%, 2/28/2027 | 9/5/2025 | 2893 | 2936 |
| 15615 | 9742363, 4.55%, 2/28/2027 | 9/5/2025 | 14991 | 14941 |
| 1347 | 9742594, 5.78%, 2/28/2027 | 9/5/2025 | 1281 | 1276 |
| 9064 | 9742609, 6.15%, 2/28/2027 | 9/5/2025 | 8574 | 8687 |
| 1072 | 9742684, 6.15%, 2/28/2027 | 9/5/2025 | 994 | 1045 |
| 546 | 9742705, 5.33%, 2/28/2027 | 9/5/2025 | 534 | 512 |
| 686 | 9742708, 5.27%, 2/28/2027 | 9/5/2025 | 657 | 649 |
| 5901 | 9742738, 4.55%, 2/28/2027 | 9/5/2025 | 5651 | 5703 |
| 17168 | 9742793, 5.54%, 2/28/2027 | 9/5/2025 | 16078 | 16797 |
| 22300 | 9742962, 4.55%, 2/28/2027 | 9/5/2025 | 21504 | 19983 |
| 3916 | 9743116, 5.32%, 2/28/2027<sup>(e)</sup> | 9/5/2025 | 3865 | 1893 |
| 3183 | 9743149, 5.78%, 2/28/2027 | 9/5/2025 | 2996 | 3081 |
| 2349 | 9743190, 4.54%, 2/28/2027 | 9/5/2025 | 2265 | 2108 |
| 2974 | 9743204, 4.55%, 2/28/2027 | 9/5/2025 | 2842 | 2889 |
| 4256 | 9743231, 5.28%, 2/28/2027 | 9/5/2025 | 4064 | 4056 |
| 1561 | 9743272, 4.55%, 2/28/2027 | 9/5/2025 | 1496 | 1511 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 177

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 24217 | 9743290, 4.55%, 2/28/2027 | 9/5/2025 | 23113 | 23596 |
| 632 | 9743499, 6.29%, 3/1/2027 | 9/5/2025 | 584 | 613 |
| 5895 | 9743515, 5.53%, 3/1/2027 | 9/5/2025 | 5523 | 5749 |
| 8608 | 9743584, 4.54%, 3/1/2027 | 9/5/2025 | 8230 | 8360 |
| 4299 | 9743651, 5.28%, 3/1/2027 | 9/5/2025 | 4135 | 3458 |
| 7218 | 9743695, 5.77%, 3/1/2027 | 9/5/2025 | 6862 | 6848 |
| 7518 | 9743760, 6.14%, 3/1/2027 | 9/5/2025 | 7114 | 7205 |
| 1291 | 9743824, 4.96%, 3/1/2027 | 9/5/2025 | 1220 | 1261 |
| 3543 | 9743840, 6.15%, 3/1/2027 | 9/5/2025 | 3418 | 2505 |
| 1702 | 9743857, 4.54%, 3/1/2027 | 9/5/2025 | 1635 | 1627 |
| 55223 | 9743863, 4.54%, 3/1/2027 | 9/5/2025 | 52735 | 53744 |
| 14814 | 9744275, 4.54%, 3/1/2027 | 9/5/2025 | 14159 | 14422 |
| 1118 | 9744376, 4.54%, 3/1/2027 | 9/5/2025 | 1058 | 1099 |
| 393 | 9744398, 5.31%, 3/1/2027 | 9/5/2025 | 385 | 369 |
| 2419 | 9744402, 6.45%, 3/1/2027 | 9/5/2025 | 2325 | 2239 |
| 16857 | 9744415, 4.54%, 3/1/2027 | 9/5/2025 | 16074 | 16432 |
| 3030 | 9744579, 6.14%, 3/1/2027 | 9/5/2025 | 2867 | 2894 |
| 2215 | 9744602, 4.54%, 3/1/2027 | 9/5/2025 | 2110 | 2166 |
| 693 | 9744610, 5.77%, 3/1/2027 | 9/5/2025 | 626 | 684 |
| 1676 | 9744623, 6.30%, 3/1/2027 | 9/5/2025 | 1615 | 1570 |
| 2231 | 9744637, 5.53%, 3/1/2027 | 9/5/2025 | 2101 | 2172 |
| 1234 | 9744645, 6.45%, 3/1/2027 | 9/5/2025 | 1175 | 1167 |
| 2154 | 9744651, 4.98%, 3/1/2027 | 9/5/2025 | 2046 | 2096 |
| 30728 | 9744658, 4.54%, 3/1/2027 | 9/5/2025 | 28743 | 30337 |
| 805 | 9745858, 6.27%, 3/2/2027 | 9/5/2025 | 788 | 596 |
| 5553 | 9745879, 4.96%, 3/2/2027 | 9/5/2025 | 5241 | 5437 |
| 7447 | 9746009, 6.13%, 3/2/2027 | 9/5/2025 | 7027 | 7186 |
| 1026 | 9746272, 4.55%, 3/2/2027 | 9/5/2025 | 979 | 1004 |
| 6223 | 9746353, 4.53%, 3/2/2027 | 9/5/2025 | 5959 | 6024 |
| 769 | 9746524, 5.28%, 3/2/2027 | 9/5/2025 | 757 | 657 |
| 3080 | 9746537, 5.52%, 3/2/2027 | 9/5/2025 | 2920 | 2949 |
| 71278 | 9746713, 4.53%, 3/2/2027 | 9/5/2025 | 68078 | 69397 |
| 50270 | 9747795, 4.53%, 3/2/2027 | 9/5/2025 | 47868 | 49183 |
| 3290 | 9748496, 5.27%, 3/2/2027 | 9/5/2025 | 3142 | 3133 |
| 42685 | 9748512, 5.51%, 3/2/2027 | 9/5/2025 | 40629 | 40456 |
| 7483 | 9748977, 4.53%, 3/2/2027 | 9/5/2025 | 7156 | 7261 |
| 4798 | 9749069, 4.53%, 3/2/2027 | 9/5/2025 | 4601 | 4620 |
| 790 | 9749118, 6.13%, 3/2/2027 | 9/5/2025 | 756 | 730 |
| 11143 | 9749120, 4.53%, 3/2/2027 | 9/5/2025 | 10629 | 10885 |
| 1575 | 9749230, 6.44%, 3/2/2027 | 9/5/2025 | 1522 | 1406 |
| 6334 | 9749241, 4.53%, 3/2/2027 | 9/5/2025 | 6048 | 6166 |
| 1279 | 9749316, 6.27%, 3/2/2027 | 9/5/2025 | 1245 | 1077 |
| 1698 | 9749333, 4.53%, 3/2/2027 | 9/5/2025 | 1611 | 1667 |
| 6626 | 9749357, 4.96%, 3/2/2027 | 9/5/2025 | 6327 | 6348 |
| 3495 | 9749420, 6.13%, 3/2/2027 | 9/5/2025 | 3341 | 3237 |
| 6484 | 9749446, 4.96%, 3/2/2027 | 9/5/2025 | 6189 | 6237 |

---

*See Notes to Financial Statements.*

178 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4858 | 9749494, 6.43%, 3/2/2027 | 9/5/2025 | 4646 | 4540 |
| 3765 | 9749568, 6.13%, 3/2/2027 | 9/5/2025 | 3588 | 3556 |
| 9516 | 9749623, 4.96%, 3/2/2027 | 9/5/2025 | 9185 | 7852 |
| 11131 | 9749727, 5.27%, 3/2/2027 | 9/5/2025 | 10741 | 8772 |
| 6590 | 9749801, 6.44%, 3/2/2027 | 9/5/2025 | 6267 | 6220 |
| 4039 | 9750026, 5.52%, 3/2/2027 | 9/5/2025 | 3816 | 3911 |
| 9995 | 9750051, 4.96%, 3/3/2027 | 9/8/2025 | 9485 | 9723 |
| 3036 | 9750367, 4.52%, 3/3/2027 | 9/8/2025 | 2904 | 2947 |
| 6471 | 9750413, 4.53%, 3/3/2027 | 9/8/2025 | 6175 | 6296 |
| 1189 | 9750508, 4.55%, 3/3/2027 | 9/8/2025 | 1138 | 1149 |
| 5809 | 9750515, 4.96%, 3/3/2027 | 9/8/2025 | 5533 | 5622 |
| 27981 | 9750638, 5.76%, 3/3/2027 | 9/8/2025 | 26574 | 26545 |
| 2675 | 9751283, 6.07%, 3/3/2027 | 9/8/2025 | 2606 | 2302 |
| 2196 | 9751330, 4.96%, 3/3/2027 | 9/8/2025 | 2103 | 2088 |
| 2145 | 9751357, 4.96%, 3/3/2027 | 9/8/2025 | 2023 | 2097 |
| 4578 | 9751410, 4.96%, 3/3/2027 | 9/8/2025 | 4290 | 4502 |
| 17111 | 9751460, 5.27%, 3/3/2027 | 9/8/2025 | 16221 | 16561 |
| 1593 | 9751687, 5.27%, 3/3/2027 | 9/8/2025 | 1525 | 1488 |
| 1246 | 9751731, 6.13%, 3/3/2027 | 9/8/2025 | 1183 | 1191 |
| 10852 | 9751751, 4.53%, 3/3/2027 | 9/8/2025 | 10475 | 9580 |
| 1558 | 9751888, 4.52%, 3/3/2027 | 9/8/2025 | 1491 | 1512 |
| 2162 | 9751912, 6.44%, 3/3/2027 | 9/8/2025 | 2032 | 2090 |
| 678 | 9751953, 5.76%, 3/3/2027 | 9/8/2025 | 645 | 642 |
| 989 | 9752213, 6.44%, 3/3/2027 | 9/8/2025 | 925 | 958 |
| 3717 | 9752252, 5.52%, 3/3/2027 | 9/8/2025 | 3491 | 3621 |
| 2795 | 9752342, 4.96%, 3/3/2027 | 9/8/2025 | 2668 | 2686 |
| 11286 | 9752434, 6.28%, 3/3/2027 | 9/8/2025 | 10998 | 8583 |
| 30547 | 9752515, 5.27%, 3/3/2027 | 9/8/2025 | 28978 | 29399 |
| 5034 | 9752852, 4.53%, 3/3/2027 | 9/8/2025 | 4869 | 2550 |
| 1877 | 9752895, 6.13%, 3/3/2027 | 9/8/2025 | 1743 | 1820 |
| 8243 | 9752921, 4.96%, 3/3/2027 | 9/8/2025 | 7874 | 7912 |
| 12594 | 9753019, 5.51%, 3/3/2027 | 9/8/2025 | 12056 | 11659 |
| 1835 | 9753139, 6.44%, 3/3/2027 | 9/8/2025 | 1749 | 1727 |
| 2871 | 9753168, 6.44%, 3/3/2027 | 9/8/2025 | 2551 | 2833 |
| 995 | 9753322, 5.53%, 3/3/2027 | 9/8/2025 | 953 | 924 |
| 9975 | 9753329, 5.52%, 3/3/2027 | 9/8/2025 | 9609 | 7817 |
| 8592 | 9753402, 6.13%, 3/3/2027 | 9/8/2025 | 8065 | 8306 |
| 674 | 9753476, 6.44%, 3/3/2027 | 9/8/2025 | 640 | 641 |
| 2738 | 9753487, 4.53%, 3/3/2027 | 9/8/2025 | 2610 | 2381 |
| 35261 | 9753531, 4.53%, 3/3/2027 | 9/8/2025 | 33673 | 34336 |
| 17737 | 9753832, 4.53%, 3/3/2027 | 9/8/2025 | 16894 | 17339 |
| 724 | 9754038, 6.43%, 3/3/2027 | 9/8/2025 | 667 | 701 |
| 5126 | 9754063, 6.13%, 3/3/2027 | 9/8/2025 | 4884 | 4794 |
| 840 | 9754143, 6.05%, 3/3/2027 | 9/8/2025 | 821 | 725 |
| 28573 | 9754150, 4.53%, 3/3/2027 | 9/8/2025 | 27328 | 27634 |
| 6363 | 9754337, 6.43%, 3/3/2027 | 9/8/2025 | 6150 | 4255 |
| 24489 | 9754386, 5.52%, 3/3/2027 | 9/8/2025 | 23334 | 23149 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 179

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1967 | 9754595, 6.13%, 3/3/2027 | 9/8/2025 | 1866 | 1878 |
| 2261 | 9754626, 6.44%, 3/3/2027 | 9/8/2025 | 2174 | 2004 |
| 3284 | 9754679, 6.13%, 3/3/2027 | 9/8/2025 | 3095 | 3146 |
| 6492 | 9754713, 6.28%, 3/3/2027 | 9/8/2025 | 6291 | 5703 |
| 11733 | 9757390, 4.55%, 3/4/2027 | 9/9/2025 | 11218 | 11381 |
| 5915 | 9757547, 4.55%, 3/4/2027 | 9/9/2025 | 5667 | 5696 |
| 8975 | 9757610, 6.15%, 3/4/2027 | 9/9/2025 | 8547 | 8364 |
| 19179 | 9757727, 4.55%, 3/4/2027 | 9/9/2025 | 18325 | 18621 |
| 1268 | 9757990, 5.31%, 3/4/2027 | 9/9/2025 | 1215 | 1160 |
| 3799 | 9758035, 5.32%, 3/4/2027 | 9/9/2025 | 3624 | 3645 |
| 2009 | 9758175, 5.53%, 3/4/2027 | 9/9/2025 | 1919 | 1886 |
| 1432 | 9758251, 5.33%, 3/4/2027 | 9/9/2025 | 1406 | 1238 |
| 12172 | 9758299, 4.98%, 3/4/2027 | 9/9/2025 | 11480 | 11910 |
| 2227 | 9758663, 5.29%, 3/4/2027 | 9/9/2025 | 2126 | 2105 |
| 1373 | 9758694, 5.27%, 3/4/2027 | 9/9/2025 | 1313 | 1283 |
| 5782 | 9758730, 4.55%, 3/4/2027 | 9/9/2025 | 5526 | 5612 |
| 4656 | 9758817, 4.55%, 3/4/2027 | 9/9/2025 | 4459 | 4496 |
| 8792 | 9758855, 6.46%, 3/4/2027 | 9/9/2025 | 8264 | 8466 |
| 1336 | 9759054, 6.09%, 3/4/2027 | 9/9/2025 | 1238 | 1302 |
| 19989 | 9759105, 4.98%, 3/4/2027 | 9/9/2025 | 18729 | 19651 |
| 1437 | 9759454, 4.98%, 3/4/2027 | 9/9/2025 | 1380 | 1328 |
| 18995 | 9759477, 6.09%, 3/4/2027 | 9/9/2025 | 18581 | 15143 |
| 613 | 9759688, 6.46%, 3/4/2027 | 9/9/2025 | 581 | 582 |
| 12635 | 9759699, 4.55%, 3/4/2027 | 9/9/2025 | 12006 | 12375 |
| 15195 | 9759894, 4.98%, 3/4/2027 | 9/9/2025 | 14564 | 14310 |
| 9284 | 9760106, 6.15%, 3/4/2027 | 9/9/2025 | 8950 | 6584 |
| 8873 | 9760173, 5.29%, 3/4/2027 | 9/9/2025 | 8343 | 8656 |
| 3344 | 9760281, 4.97%, 3/4/2027 | 9/9/2025 | 3201 | 3159 |
| 12384 | 9760318, 4.55%, 3/4/2027 | 9/9/2025 | 11908 | 11249 |
| 4180 | 9760446, 6.46%, 3/4/2027 | 9/9/2025 | 3886 | 4055 |
| 1717 | 9760579, 5.30%, 3/4/2027 | 9/9/2025 | 1644 | 1599 |
| 20662 | 9760597, 4.55%, 3/4/2027 | 9/9/2025 | 19820 | 19859 |
| 2732 | 9760801, 4.54%, 3/4/2027 | 9/9/2025 | 2614 | 2645 |
| 63254 | 9760873, 5.54%, 3/4/2027 | 9/9/2025 | 60513 | 58824 |
| 60284 | 9761454, 4.55%, 3/4/2027 | 9/9/2025 | 57759 | 58032 |
| 3458 | 9761979, 6.15%, 3/4/2027 | 9/9/2025 | 3300 | 3217 |
| 2423 | 9762027, 6.46%, 3/4/2027 | 9/9/2025 | 2281 | 2331 |
| 6103 | 9762068, 6.46%, 3/4/2027 | 9/9/2025 | 5711 | 5891 |
| 15611 | 9762284, 4.55%, 3/5/2027 | 9/10/2025 | 14695 | 15366 |
| 1238 | 9762624, 5.79%, 3/5/2027 | 9/10/2025 | 1164 | 1200 |
| 1766 | 9762644, 6.08%, 3/5/2027 | 9/10/2025 | 1717 | 1603 |
| 555 | 9762679, 6.28%, 3/5/2027 | 9/10/2025 | 532 | 521 |
| 3139 | 9762690, 4.55%, 3/5/2027 | 9/10/2025 | 2995 | 3047 |
| 2937 | 9762759, 4.55%, 3/5/2027 | 9/10/2025 | 2836 | 2522 |
| 4864 | 9762789, 4.55%, 3/5/2027 | 9/10/2025 | 4649 | 4720 |
| 2482 | 9762970, 4.98%, 3/5/2027 | 9/10/2025 | 2366 | 2385 |

---

*See Notes to Financial Statements.*

180 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 12400 | 9763086, 4.55%, 3/5/2027 | 9/10/2025 | 11882 | 11914 |
| 1050 | 9763382, 6.45%, 3/5/2027 | 9/10/2025 | 1001 | 985 |
| 7875 | 9763404, 5.29%, 3/5/2027 | 9/10/2025 | 7557 | 7173 |
| 19045 | 9763510, 6.46%, 3/5/2027 | 9/10/2025 | 18260 | 16951 |
| 1460 | 9763793, 6.15%, 3/5/2027 | 9/10/2025 | 1333 | 1429 |
| 9579 | 9763842, 5.29%, 3/5/2027 | 9/10/2025 | 9042 | 9298 |
| 983 | 9763963, 6.48%, 3/5/2027 | 9/10/2025 | 958 | 550 |
| 5300 | 9763969, 5.78%, 3/5/2027 | 9/10/2025 | 5032 | 5033 |
| 1573 | 9764011, 4.97%, 3/5/2027 | 9/10/2025 | 1496 | 1522 |
| 5724 | 9764035, 6.16%, 3/5/2027 | 9/10/2025 | 5521 | 2299 |
| 9311 | 9764090, 5.54%, 3/5/2027 | 9/10/2025 | 8814 | 8988 |
| 13803 | 9764306, 5.29%, 3/5/2027 | 9/10/2025 | 13153 | 13132 |
| 12839 | 9764413, 5.54%, 3/5/2027 | 9/10/2025 | 12214 | 12177 |
| 828 | 9764522, 5.78%, 3/5/2027 | 9/10/2025 | 762 | 814 |
| 51367 | 9764550, 4.55%, 3/5/2027 | 9/10/2025 | 49095 | 49833 |
| 10418 | 9765053, 4.55%, 3/5/2027 | 9/10/2025 | 9940 | 10141 |
| 5099 | 9765154, 5.54%, 3/5/2027 | 9/10/2025 | 4753 | 4995 |
| 2882 | 9765258, 6.16%, 3/5/2027 | 9/10/2025 | 2766 | 2491 |
| 22628 | 9765327, 5.29%, 3/5/2027 | 9/10/2025 | 21571 | 21552 |
| 4239 | 9765500, 4.55%, 3/5/2027 | 9/10/2025 | 4047 | 4119 |
| 4346 | 9765569, 5.53%, 3/5/2027 | 9/10/2025 | 4096 | 4222 |
| 1343 | 9765608, 6.46%, 3/5/2027 | 9/10/2025 | 1291 | 1233 |
| 40480 | 9765627, 4.98%, 3/5/2027 | 9/10/2025 | 38745 | 38293 |
|  | 9765934, 4.55%, 3/5/2027 | 9/10/2025 | (172) | (130) |
| 17803 | 9765960, 6.46%, 3/5/2027 | 9/10/2025 | 17186 | 15335 |
| 3062 | 9766076, 5.28%, 3/5/2027 | 9/10/2025 | 2901 | 2966 |
| 11546 | 9766106, 5.54%, 3/5/2027 | 9/10/2025 | 11028 | 10854 |
| 7366 | 9766200, 6.46%, 3/5/2027 | 9/10/2025 | 7101 | 6364 |
| 4083 | 9766241, 4.55%, 3/5/2027 | 9/10/2025 | 3914 | 3925 |
| 19411 | 9766277, 6.15%, 3/5/2027 | 9/10/2025 | 18743 | 7755 |
| 7805 | 9766377, 4.54%, 3/5/2027 | 9/10/2025 | 7463 | 7552 |
| 29993 | 9766456, 5.29%, 3/5/2027 | 9/10/2025 | 28256 | 29232 |
| 1699 | 9766817, 4.99%, 3/6/2027 | 9/11/2025 | 1618 | 1640 |
| 994 | 9766836, 5.79%, 3/6/2027 | 9/11/2025 | 932 | 964 |
| 13061 | 9766842, 6.46%, 3/6/2027 | 9/11/2025 | 12548 | 11733 |
| 2743 | 9766909, 6.15%, 3/6/2027 | 9/11/2025 | 2641 | 1943 |
| 1247 | 9766918, 6.09%, 3/6/2027 | 9/11/2025 | 1223 | 620 |
| 1747 | 9766924, 6.45%, 3/6/2027 | 9/11/2025 | 1661 | 1644 |
| 2535 | 9767003, 4.55%, 3/6/2027 | 9/11/2025 | 2397 | 2492 |
| 2816 | 9767023, 5.29%, 3/6/2027 | 9/11/2025 | 2695 | 2622 |
| 2202 | 9767044, 6.15%, 3/6/2027 | 9/11/2025 | 2063 | 2128 |
| 21367 | 9767068, 5.54%, 3/6/2027 | 9/11/2025 | 20584 | 16482 |
| 5392 | 9767163, 6.46%, 3/6/2027 | 9/11/2025 | 5240 | 3334 |
| 748 | 9767251, 5.30%, 3/6/2027 | 9/11/2025 | 728 | 673 |
| 851 | 9767258, 6.46%, 3/6/2027 | 9/11/2025 | 798 | 820 |
| 1059 | 9767265, 4.55%, 3/6/2027 | 9/11/2025 | 989 | 1046 |
| 3055 | 9767272, 4.98%, 3/6/2027 | 9/11/2025 | 2905 | 2958 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 181

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 7684 | 9767351, 4.55%, 3/6/2027 | 9/11/2025 | 7331 | 7461 |
| 15116 | 9767389, 4.98%, 3/6/2027 | 9/11/2025 | 14164 | 14854 |
| 9510 | 9767498, 4.55%, 3/6/2027 | 9/11/2025 | 9103 | 9160 |
| 3628 | 9767564, 6.46%, 3/6/2027 | 9/11/2025 | 3459 | 3370 |
| 280 | 9767592, 6.47%, 3/6/2027 | 9/11/2025 | 262 | 270 |
| 1689 | 9767598, 6.16%, 3/6/2027 | 9/11/2025 | 1624 | 1438 |
| 1853 | 9767611, 6.16%, 3/6/2027 | 9/11/2025 | 1726 | 1794 |
| 3158 | 9767634, 6.14%, 3/7/2027 | 9/11/2025 | 3026 | 2842 |
| 32637 | 9767647, 4.97%, 3/7/2027 | 9/11/2025 | 31227 | 30785 |
| 1998 | 9767848, 4.55%, 3/7/2027 | 9/11/2025 | 1901 | 1953 |
| 16766 | 9767862, 6.14%, 3/7/2027 | 9/11/2025 | 15889 | 15909 |
| 24122 | 9767980, 4.54%, 3/7/2027 | 9/11/2025 | 23070 | 23309 |
| 3356 | 9768116, 6.14%, 3/7/2027 | 9/11/2025 | 3214 | 3019 |
| 639 | 9768138, 4.97%, 3/7/2027 | 9/11/2025 | 606 | 624 |
| 8854 | 9768141, 5.31%, 3/7/2027 | 9/11/2025 | 8733 | 6049 |
| 5747 | 9768185, 4.54%, 3/7/2027 | 9/11/2025 | 5451 | 5632 |
| 1640 | 9768227, 6.15%, 3/7/2027 | 9/11/2025 | 1564 | 1517 |
| 731 | 9768237, 6.45%, 3/7/2027 | 9/11/2025 | 696 | 687 |
| 435 | 9768238, 4.54%, 3/7/2027 | 9/11/2025 | 415 | 425 |
| 2048 | 9768241, 4.53%, 3/7/2027 | 9/11/2025 | 1961 | 1968 |
| 848 | 9768269, 6.45%, 3/7/2027 | 9/11/2025 | 808 | 806 |
| 1301 | 9768273, 6.45%, 3/7/2027 | 9/11/2025 | 1245 | 1152 |
| 702 | 9768280, 5.32%, 3/7/2027 | 9/11/2025 | 686 | 649 |
| 5944 | 9768285, 6.14%, 3/7/2027 | 9/11/2025 | 5660 | 5531 |
| 9337 | 9768315, 5.77%, 3/7/2027 | 9/11/2025 | 8933 | 8518 |
| 2735 | 9768360, 6.14%, 3/7/2027 | 9/11/2025 | 2571 | 2639 |
| 5750 | 9768387, 4.96%, 3/8/2027 | 9/11/2025 | 5452 | 5595 |
| 3449 | 9769435, 4.54%, 3/8/2027 | 9/11/2025 | 3293 | 3353 |
| 21619 | 9769465, 4.53%, 3/8/2027 | 9/11/2025 | 20602 | 21036 |
| 2337 | 9769789, 6.43%, 3/8/2027 | 9/11/2025 | 2167 | 2272 |
| 3946 | 9769927, 6.07%, 3/8/2027 | 9/11/2025 | 3802 | 3707 |
| 2443 | 9770075, 4.96%, 3/8/2027 | 9/11/2025 | 2282 | 2403 |
| 2578 | 9770164, 6.14%, 3/8/2027 | 9/11/2025 | 2477 | 2206 |
| 3644 | 9770292, 5.76%, 3/8/2027 | 9/11/2025 | 3478 | 3432 |
| 703 | 9770389, 5.32%, 3/8/2027 | 9/11/2025 | 686 | 640 |
| 4369 | 9770404, 5.76%, 3/8/2027 | 9/11/2025 | 4160 | 4112 |
| 4326 | 9770562, 4.53%, 3/8/2027 | 9/11/2025 | 4160 | 3912 |
| 26064 | 9770639, 5.52%, 3/8/2027 | 9/11/2025 | 25189 | 11186 |
| 4460 | 9770831, 6.43%, 3/8/2027 | 9/11/2025 | 4286 | 3893 |
| 1533 | 9770853, 6.13%, 3/8/2027 | 9/11/2025 | 1464 | 1417 |
| 12592 | 9770862, 4.53%, 3/8/2027 | 9/11/2025 | 12035 | 12150 |
| 16249 | 9771049, 4.53%, 3/8/2027 | 9/11/2025 | 15415 | 15935 |
| 3009 | 9771264, 4.97%, 3/8/2027 | 9/11/2025 | 2878 | 2863 |
| 20702 | 9771328, 4.53%, 3/8/2027 | 9/11/2025 | 19806 | 20012 |
| 921 | 9771466, 5.77%, 3/8/2027 | 9/11/2025 | 878 | 868 |
| 6998 | 9771651, 4.53%, 3/8/2027 | 9/11/2025 | 6713 | 6681 |

---

*See Notes to Financial Statements.*

182 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2480 | 9771771, 4.97%, 3/8/2027 | 9/11/2025 | 2377 | 2291 |
| 10876 | 9771832, 5.27%, 3/8/2027 | 9/11/2025 | 10231 | 10587 |
| 2586 | 9771908, 4.97%, 3/8/2027 | 9/11/2025 | 2443 | 2528 |
| 2307 | 9771934, 5.77%, 3/8/2027 | 9/11/2025 | 2209 | 2097 |
| 11135 | 9771937, 6.43%, 3/8/2027 | 9/11/2025 | 10842 | 6426 |
| 1561 | 9772032, 6.14%, 3/8/2027 | 9/11/2025 | 1498 | 1348 |
| 1177 | 9772060, 6.43%, 3/8/2027 | 9/11/2025 | 1125 | 1091 |
| 1015 | 9772066, 6.44%, 3/8/2027 | 9/11/2025 | 957 | 969 |
| 6303 | 9772093, 4.96%, 3/8/2027 | 9/11/2025 | 5951 | 6161 |
| 49116 | 9772207, 4.53%, 3/8/2027 | 9/11/2025 | 46658 | 48096 |
| 17579 | 9772657, 6.13%, 3/8/2027 | 9/11/2025 | 16726 | 16413 |
| 1095 | 9772869, 6.44%, 3/8/2027 | 9/11/2025 | 1021 | 1058 |
| 2951 | 9772886, 4.53%, 3/8/2027 | 9/11/2025 | 2810 | 2880 |
| 881 | 9772892, 5.54%, 3/8/2027 | 9/11/2025 | 828 | 857 |
| 10185 | 9772897, 6.28%, 3/8/2027 | 9/11/2025 | 9780 | 9535 |
| 3588 | 9773012, 5.27%, 3/8/2027 | 9/11/2025 | 3374 | 3496 |
| 2217 | 9773044, 4.53%, 3/8/2027 | 9/11/2025 | 2119 | 2160 |
| 748 | 9773097, 6.26%, 3/8/2027 | 9/11/2025 | 722 | 684 |
| 3705 | 9773112, 4.97%, 3/8/2027 | 9/11/2025 | 3537 | 3547 |
| 1522 | 9773146, 4.53%, 3/8/2027 | 9/11/2025 | 1446 | 1492 |
| 15273 | 9773151, 4.53%, 3/8/2027 | 9/11/2025 | 14597 | 14800 |
| 1875 | 9773591, 5.77%, 3/8/2027 | 9/11/2025 | 1786 | 1767 |
| 4680 | 9773605, 5.52%, 3/8/2027 | 9/11/2025 | 4527 | 1832 |
| 7044 | 9773635, 4.53%, 3/8/2027 | 9/11/2025 | 6620 | 6939 |
| 1945 | 9773751, 4.97%, 3/8/2027 | 9/11/2025 | 1831 | 1903 |
| 1276 | 9773780, 6.42%, 3/8/2027 | 9/11/2025 | 1213 | 1200 |
| 7735 | 9773792, 5.52%, 3/8/2027 | 9/11/2025 | 7393 | 7254 |
| 3906 | 9773857, 4.53%, 3/8/2027 | 9/11/2025 | 3734 | 3784 |
| 1584 | 9773888, 5.27%, 3/8/2027 | 9/11/2025 | 1500 | 1535 |
| 3516 | 9773903, 4.52%, 3/8/2027 | 9/11/2025 | 3353 | 3420 |
| 2717 | 9773944, 6.44%, 3/8/2027 | 9/11/2025 | 2548 | 2617 |
| 6404 | 9773984, 6.13%, 3/8/2027 | 9/11/2025 | 6092 | 5985 |
| 5733 | 9774038, 6.07%, 3/8/2027 | 9/11/2025 | 5580 | 5169 |
| 2510 | 9774100, 4.53%, 3/9/2027 | 9/12/2025 | 2411 | 2270 |
| 6583 | 9774129, 6.07%, 3/9/2027 | 9/12/2025 | 6359 | 6160 |
| 3366 | 9774259, 4.53%, 3/9/2027 | 9/12/2025 | 3213 | 3275 |
| 1481 | 9774317, 6.05%, 3/9/2027 | 9/12/2025 | 1450 | 1064 |
| 4360 | 9774602, 4.53%, 3/9/2027 | 9/12/2025 | 4155 | 4256 |
| 7312 | 9774771, 4.53%, 3/9/2027 | 9/12/2025 | 6960 | 7134 |
| 3301 | 9774970, 4.96%, 3/9/2027 | 9/12/2025 | 3117 | 3220 |
| 4475 | 9775101, 4.96%, 3/9/2027 | 9/12/2025 | 4273 | 4270 |
| 22919 | 9775164, 4.53%, 3/9/2027 | 9/12/2025 | 21823 | 22367 |
| 26455 | 9775695, 5.27%, 3/9/2027 | 9/12/2025 | 25234 | 24975 |
| 5960 | 9775949, 4.53%, 3/9/2027 | 9/12/2025 | 5636 | 5855 |
| 2000 | 9776024, 5.31%, 3/9/2027 | 9/12/2025 | 1968 | 1389 |
| 21381 | 9776037, 4.53%, 3/9/2027 | 9/12/2025 | 20411 | 20740 |
| 956 | 9776242, 6.43%, 3/9/2027 | 9/12/2025 | 925 | 822 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 183

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5280 | 9776248, 4.53%, 3/9/2027 | 9/12/2025 | 5045 | 5122 |
| 353 | 9776282, 4.96%, 3/9/2027 | 9/12/2025 | 336 | 342 |
| 9255 | 9776313, 6.43%, 3/9/2027 | 9/12/2025 | 8777 | 8724 |
| 3704 | 9776399, 5.30%, 3/9/2027 | 9/12/2025 | 3609 | 3478 |
| 21680 | 9776440, 4.53%, 3/9/2027 | 9/12/2025 | 20942 | 18147 |
| 9909 | 9776569, 4.53%, 3/9/2027 | 9/12/2025 | 9487 | 9516 |
| 26339 | 9776658, 5.76%, 3/9/2027 | 9/12/2025 | 25042 | 24913 |
| 2148 | 9776939, 5.26%, 3/9/2027 | 9/12/2025 | 2040 | 2068 |
| 4096 | 9777022, 5.52%, 3/9/2027 | 9/12/2025 | 3778 | 4020 |
| 25691 | 9777068, 4.53%, 3/9/2027 | 9/12/2025 | 24482 | 25062 |
| 6541 | 9777254, 4.53%, 3/9/2027 | 9/12/2025 | 6211 | 6402 |
| 15075 | 9777311, 6.13%, 3/9/2027 | 9/12/2025 | 13921 | 14680 |
| 15060 | 9777532, 4.53%, 3/9/2027 | 9/12/2025 | 14299 | 14760 |
| 4430 | 9777746, 4.96%, 3/9/2027 | 9/12/2025 | 4237 | 4185 |
| 6543 | 9777822, 5.27%, 3/9/2027 | 9/12/2025 | 6161 | 6359 |
| 840 | 9777886, 6.11%, 3/9/2027 | 9/12/2025 | 793 | 804 |
| 16959 | 9777894, 4.53%, 3/9/2027 | 9/12/2025 | 16226 | 16378 |
| 1652 | 9778025, 4.52%, 3/9/2027 | 9/12/2025 | 1586 | 1572 |
| 33107 | 9778032, 4.53%, 3/9/2027 | 9/12/2025 | 31677 | 31985 |
| 23396 | 9778219, 4.96%, 3/9/2027 | 9/12/2025 | 21593 | 22739 |
| 9649 | 9778515, 4.53%, 3/10/2027 | 9/15/2025 | 9180 | 9418 |
| 11725 | 9778730, 4.53%, 3/10/2027 | 9/15/2025 | 11209 | 11317 |
| 1263 | 9778960, 4.55%, 3/10/2027 | 9/15/2025 | 1210 | 1214 |
| 3104 | 9779012, 5.27%, 3/10/2027 | 9/15/2025 | 2937 | 3005 |
| 21154 | 9779104, 4.53%, 3/10/2027 | 9/15/2025 | 20361 | 18839 |
| 165 | 9779464, 4.59%, 3/10/2027 | 9/15/2025 | 157 | 161 |
| 9674 | 9779466, 4.53%, 3/10/2027 | 9/15/2025 | 9210 | 9418 |
| 42269 | 9779680, 4.96%, 3/10/2027 | 9/15/2025 | 40278 | 40525 |
| 8745 | 9780101, 4.53%, 3/10/2027 | 9/15/2025 | 8426 | 7773 |
| 3355 | 9780141, 4.53%, 3/10/2027 | 9/15/2025 | 3226 | 3029 |
| 9991 | 9780195, 4.96%, 3/10/2027 | 9/15/2025 | 9455 | 9718 |
| 814 | 9780324, 6.42%, 3/10/2027 | 9/15/2025 | 783 | 663 |
| 4044 | 9780385, 4.53%, 3/10/2027 | 9/15/2025 | 3807 | 3978 |
| 3528 | 9780426, 4.53%, 3/10/2027 | 9/15/2025 | 3367 | 3419 |
| 9878 | 9780469, 4.53%, 3/10/2027 | 9/15/2025 | 9400 | 9640 |
| 2637 | 9780562, 4.97%, 3/10/2027 | 9/15/2025 | 2495 | 2559 |
| 607 | 9780572, 6.45%, 3/10/2027 | 9/15/2025 | 557 | 588 |
| 4200 | 9780580, 5.76%, 3/10/2027 | 9/15/2025 | 3975 | 3980 |
| 1750 | 9780665, 4.52%, 3/10/2027 | 9/15/2025 | 1664 | 1710 |
| 4155 | 9780670, 6.44%, 3/10/2027 | 9/15/2025 | 3871 | 4024 |
| 1992 | 9780734, 6.44%, 3/10/2027 | 9/15/2025 | 1866 | 1918 |
| 10956 | 9780757, 5.30%, 3/10/2027 | 9/15/2025 | 10505 | 10486 |
| 7601 | 9780928, 4.53%, 3/10/2027 | 9/15/2025 | 7293 | 7218 |
| 40969 | 9780956, 4.53%, 3/10/2027 | 9/15/2025 | 39026 | 39887 |
| 16384 | 9781257, 4.53%, 3/10/2027 | 9/15/2025 | 15697 | 15634 |
| 1617 | 9781368, 4.53%, 3/10/2027 | 9/15/2025 | 1533 | 1583 |

---

*See Notes to Financial Statements.*

184 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1008 | 9781387, 6.29%, 3/10/2027 | 9/15/2025 | 940 | 973 |
| 1103 | 9781410, 5.26%, 3/10/2027 | 9/15/2025 | 1042 | 1067 |
| 11466 | 9781412, 4.53%, 3/10/2027 | 9/15/2025 | 10931 | 11156 |
| 4000 | 9781699, 6.28%, 3/10/2027 | 9/15/2025 | 3891 | 3059 |
| 3722 | 9781719, 4.53%, 3/10/2027 | 9/15/2025 | 3544 | 3633 |
|  | 9781761, 6.28%, 3/10/2027 | 9/15/2025 | (994) |  |
| 2296 | 9781860, 4.95%, 3/10/2027 | 9/15/2025 | 2192 | 2185 |
| 33120 | 9781889, 5.51%, 3/10/2027 | 9/15/2025 | 31471 | 31363 |
| 1379 | 9782131, 5.76%, 3/10/2027 | 9/15/2025 | 1304 | 1324 |
| 3305 | 9782152, 4.96%, 3/10/2027 | 9/15/2025 | 3151 | 3165 |
| 1316 | 9782192, 6.44%, 3/10/2027 | 9/15/2025 | 1253 | 1221 |
| 8774 | 9782209, 4.53%, 3/10/2027 | 9/15/2025 | 8369 | 8536 |
| 5731 | 9782238, 5.51%, 3/10/2027 | 9/15/2025 | 5442 | 5274 |
| 2054 | 9782278, 5.50%, 3/10/2027 | 9/15/2025 | 1967 | 1895 |
| 3126 | 9782294, 5.30%, 3/10/2027 | 9/15/2025 | 3046 | 2933 |
| 5477 | 9782385, 5.30%, 3/10/2027 | 9/15/2025 | 5394 | 2895 |
| 9199 | 9782434, 4.53%, 3/10/2027 | 9/15/2025 | 8808 | 8832 |
| 1325 | 9782586, 6.07%, 3/10/2027 | 9/15/2025 | 1292 | 1082 |
| 7464 | 9782605, 4.53%, 3/10/2027 | 9/15/2025 | 7126 | 7237 |
| 4668 | 9785201, 4.98%, 3/11/2027 | 9/16/2025 | 4437 | 4506 |
| 2729 | 9785366, 5.32%, 3/11/2027 | 9/16/2025 | 2679 | 1920 |
| 1652 | 9785401, 6.46%, 3/11/2027 | 9/16/2025 | 1565 | 1555 |
| 7896 | 9785446, 5.29%, 3/11/2027 | 9/16/2025 | 7438 | 7664 |
| 9836 | 9785592, 6.46%, 3/11/2027 | 9/16/2025 | 9300 | 9293 |
| 3953 | 9785817, 4.98%, 3/11/2027 | 9/16/2025 | 3733 | 3857 |
| 5302 | 9785967, 4.98%, 3/11/2027 | 9/16/2025 | 5016 | 5172 |
| 6413 | 9786182, 4.54%, 3/11/2027 | 9/16/2025 | 6133 | 6191 |
| 5216 | 9786346, 4.55%, 3/11/2027 | 9/16/2025 | 5024 | 4594 |
| 6372 | 9786426, 5.54%, 3/11/2027 | 9/16/2025 | 6135 | 2994 |
| 1369 | 9786486, 6.15%, 3/11/2027 | 9/16/2025 | 1288 | 1310 |
| 9733 | 9786506, 6.15%, 3/11/2027 | 9/16/2025 | 9154 | 9315 |
| 7084 | 9786649, 6.46%, 3/11/2027 | 9/16/2025 | 6788 | 6498 |
| 4841 | 9786764, 4.55%, 3/11/2027 | 9/16/2025 | 4613 | 4713 |
| 15247 | 9786861, 4.55%, 3/11/2027 | 9/16/2025 | 14542 | 14794 |
| 2889 | 9787065, 4.97%, 3/11/2027 | 9/16/2025 | 2754 | 2769 |
| 2008 | 9787088, 6.16%, 3/11/2027 | 9/16/2025 | 1910 | 1869 |
| 3074 | 9787133, 4.55%, 3/11/2027 | 9/16/2025 | 2940 | 2957 |
| 30774 | 9787185, 4.55%, 3/11/2027 | 9/16/2025 | 29411 | 29618 |
| 16893 | 9787397, 5.29%, 3/11/2027 | 9/16/2025 | 15893 | 16419 |
| 22330 | 9787583, 4.98%, 3/11/2027 | 9/16/2025 | 21181 | 21686 |
| 4294 | 9787752, 6.46%, 3/11/2027 | 9/16/2025 | 4078 | 3997 |
| 1190 | 9787805, 6.14%, 3/11/2027 | 9/16/2025 | 1131 | 1110 |
| 2989 | 9787816, 4.54%, 3/11/2027 | 9/16/2025 | 2860 | 2871 |
| 21807 | 9787853, 5.29%, 3/11/2027 | 9/16/2025 | 20698 | 20960 |
| 2258 | 9788008, 4.56%, 3/11/2027 | 9/16/2025 | 2168 | 2052 |
| 1636 | 9788028, 6.08%, 3/11/2027 | 9/16/2025 | 1598 | 870 |
| 1251 | 9788048, 5.54%, 3/11/2027 | 9/16/2025 | 1177 | 1215 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 185

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 25257 | 9788061, 4.55%, 3/11/2027 | 9/16/2025 | 24132 | 24423 |
| 65647 | 9788342, 4.55%, 3/11/2027 | 9/16/2025 | 62712 | 63452 |
| 1324 | 9788827, 6.15%, 3/11/2027 | 9/16/2025 | 1253 | 1257 |
| 7374 | 9788838, 4.55%, 3/11/2027 | 9/16/2025 | 7016 | 7200 |
| 748 | 9788928, 5.54%, 3/11/2027 | 9/16/2025 | 715 | 694 |
| 2941 | 9788937, 4.55%, 3/11/2027 | 9/16/2025 | 2806 | 2868 |
| 23173 | 9788996, 4.98%, 3/11/2027 | 9/16/2025 | 21839 | 22659 |
| 5662 | 9789373, 4.98%, 3/11/2027 | 9/16/2025 | 5403 | 5321 |
| 5283 | 9789604, 4.55%, 3/11/2027 | 9/16/2025 | 5057 | 5079 |
| 3911 | 9789642, 4.55%, 3/11/2027 | 9/16/2025 | 3728 | 3805 |
| 13163 | 9789665, 5.54%, 3/11/2027 | 9/16/2025 | 12401 | 12752 |
| 6115 | 9789715, 4.55%, 3/12/2027 | 9/17/2025 | 5813 | 5971 |
| 13548 | 9789898, 4.55%, 3/12/2027 | 9/17/2025 | 12877 | 13237 |
| 1105 | 9790099, 6.45%, 3/12/2027 | 9/17/2025 | 1003 | 1086 |
| 4820 | 9790119, 4.54%, 3/12/2027 | 9/17/2025 | 4560 | 4730 |
| 5747 | 9790225, 5.32%, 3/12/2027 | 9/17/2025 | 5650 | 4060 |
| 3283 | 9790335, 4.54%, 3/12/2027 | 9/17/2025 | 3142 | 3154 |
| 5749 | 9790403, 4.55%, 3/12/2027 | 9/17/2025 | 5505 | 5483 |
| 2867 | 9790536, 6.45%, 3/12/2027 | 9/17/2025 | 2752 | 2473 |
| 6138 | 9790794, 4.98%, 3/12/2027 | 9/17/2025 | 5870 | 5766 |
| 15361 | 9790905, 5.29%, 3/12/2027 | 9/17/2025 | 14722 | 13908 |
| 35066 | 9791044, 4.98%, 3/12/2027 | 9/17/2025 | 33394 | 33618 |
| 10630 | 9791436, 5.29%, 3/12/2027 | 9/17/2025 | 10163 | 9740 |
| 7080 | 9791540, 4.55%, 3/12/2027 | 9/17/2025 | 6726 | 6922 |
| 3995 | 9791622, 4.55%, 3/12/2027 | 9/17/2025 | 3824 | 3839 |
| 5286 | 9791635, 4.55%, 3/12/2027 | 9/17/2025 | 5050 | 5111 |
| 27960 | 9791677, 4.55%, 3/12/2027 | 9/17/2025 | 26840 | 25350 |
| 11037 | 9791952, 6.15%, 3/12/2027 | 9/17/2025 | 10514 | 10176 |
| 2756 | 9792033, 4.55%, 3/12/2027 | 9/17/2025 | 2630 | 2675 |
| 34874 | 9792046, 6.15%, 3/12/2027 | 9/17/2025 | 32868 | 33230 |
| 6805 | 9792392, 4.98%, 3/12/2027 | 9/17/2025 | 6460 | 6572 |
| 9489 | 9792427, 4.55%, 3/12/2027 | 9/17/2025 | 9076 | 9128 |
| 74613 | 9793143, 4.55%, 3/12/2027 | 9/17/2025 | 71239 | 72156 |
| 5244 | 9793686, 5.29%, 3/12/2027 | 9/17/2025 | 4934 | 5100 |
| 12266 | 9793746, 5.78%, 3/12/2027 | 9/17/2025 | 11711 | 11158 |
| 18895 | 9793931, 4.55%, 3/12/2027 | 9/17/2025 | 18025 | 18335 |
| 8309 | 9794081, 5.29%, 3/12/2027 | 9/17/2025 | 7943 | 7608 |
| 550 | 9794139, 5.55%, 3/12/2027 | 9/17/2025 | 521 | 530 |
| 3821 | 9794145, 4.55%, 3/12/2027 | 9/17/2025 | 3639 | 3722 |
| 35691 | 9794170, 4.55%, 3/12/2027 | 9/17/2025 | 34143 | 34332 |
| 9127 | 9794316, 4.55%, 3/13/2027 | 9/18/2025 | 8766 | 8278 |
| 1654 | 9794379, 4.56%, 3/13/2027 | 9/18/2025 | 1570 | 1619 |
| 2297 | 9794382, 4.55%, 3/13/2027 | 9/18/2025 | 2189 | 2234 |
| 8987 | 9794400, 4.55%, 3/13/2027 | 9/18/2025 | 8577 | 8677 |
| 7838 | 9794450, 4.55%, 3/13/2027 | 9/18/2025 | 7474 | 7603 |
| 2517 | 9794494, 4.99%, 3/13/2027 | 9/18/2025 | 2386 | 2435 |

---

*See Notes to Financial Statements.*

186 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1626 | 9794512, 5.29%, 3/13/2027 | 9/18/2025 | 1560 | 1298 |
| 3194 | 9794522, 4.98%, 3/13/2027 | 9/18/2025 | 3023 | 3106 |
| 3400 | 9794551, 4.55%, 3/13/2027 | 9/18/2025 | 3255 | 3267 |
| 9251 | 9794597, 4.55%, 3/13/2027 | 9/18/2025 | 8903 | 8216 |
| 17019 | 9794645, 4.55%, 3/13/2027 | 9/18/2025 | 16302 | 16188 |
| 1876 | 9794725, 5.79%, 3/13/2027 | 9/18/2025 | 1782 | 1769 |
| 1496 | 9794732, 4.55%, 3/13/2027 | 9/18/2025 | 1413 | 1470 |
| 1613 | 9794742, 4.53%, 3/13/2027 | 9/18/2025 | 1539 | 1564 |
| 5026 | 9794749, 6.46%, 3/13/2027 | 9/18/2025 | 4746 | 4670 |
| 1045 | 9794779, 6.33%, 3/13/2027 | 9/18/2025 | 1011 | 881 |
| 8878 | 9794785, 5.54%, 3/13/2027 | 9/18/2025 | 8398 | 8490 |
| 2173 | 9794853, 4.54%, 3/13/2027 | 9/18/2025 | 2048 | 2138 |
| 6283 | 9794872, 4.55%, 3/13/2027 | 9/18/2025 | 6008 | 6028 |
| 32212 | 9794926, 4.55%, 3/13/2027 | 9/18/2025 | 30743 | 31202 |
| 2741 | 9795159, 5.78%, 3/14/2027 | 9/18/2025 | 2588 | 2631 |
| 3132 | 9795178, 4.54%, 3/14/2027 | 9/18/2025 | 2964 | 3071 |
| 22188 | 9795198, 5.53%, 3/14/2027 | 9/18/2025 | 21081 | 20990 |
| 6035 | 9795333, 5.28%, 3/14/2027 | 9/18/2025 | 5798 | 4817 |
| 2048 | 9795362, 4.55%, 3/14/2027 | 9/18/2025 | 1934 | 2012 |
| 1269 | 9795380, 6.46%, 3/14/2027 | 9/18/2025 | 1214 | 1136 |
| 3941 | 9795390, 4.54%, 3/14/2027 | 9/18/2025 | 3748 | 3843 |
| 11670 | 9795419, 5.28%, 3/14/2027 | 9/18/2025 | 11165 | 10662 |
| 1051 | 9795474, 6.45%, 3/14/2027 | 9/18/2025 | 1015 | 836 |
| 2929 | 9795478, 4.54%, 3/14/2027 | 9/18/2025 | 2800 | 2815 |
| 4081 | 9795488, 6.45%, 3/14/2027 | 9/18/2025 | 3794 | 3952 |
| 7099 | 9795529, 4.97%, 3/14/2027 | 9/18/2025 | 6673 | 6947 |
| 4243 | 9795580, 6.45%, 3/14/2027 | 9/18/2025 | 3994 | 4021 |
| 3782 | 9795606, 4.53%, 3/14/2027 | 9/18/2025 | 3608 | 3668 |
| 2096 | 9795641, 4.53%, 3/14/2027 | 9/18/2025 | 1984 | 2052 |
| 12734 | 9795654, 6.14%, 3/14/2027 | 9/18/2025 | 12032 | 12070 |
| 289 | 9795733, 6.08%, 3/14/2027 | 9/18/2025 | 276 | 279 |
| 960 | 9795738, 5.77%, 3/14/2027 | 9/18/2025 | 911 | 906 |
| 12288 | 9795747, 4.54%, 3/14/2027 | 9/18/2025 | 11708 | 11943 |
| 100 | 9795816, 6.47%, 3/14/2027 | 9/18/2025 | 92 | 99 |
| 3647 | 9795823, 4.97%, 3/14/2027 | 9/18/2025 | 3448 | 3546 |
| 15179 | 9795853, 4.97%, 3/14/2027 | 9/18/2025 | 14409 | 14663 |
| 14115 | 9796812, 4.96%, 3/15/2027 | 9/18/2025 | 13452 | 13506 |
| 388 | 9797060, 6.44%, 3/15/2027 | 9/18/2025 | 354 | 381 |
| 2515 | 9797151, 4.52%, 3/15/2027 | 9/18/2025 | 2396 | 2445 |
| 1837 | 9797227, 6.14%, 3/15/2027 | 9/18/2025 | 1749 | 1691 |
| 1314 | 9797270, 6.43%, 3/15/2027 | 9/18/2025 | 1258 | 1207 |
| 3386 | 9797301, 5.31%, 3/15/2027 | 9/18/2025 | 3326 | 2429 |
| 1113 | 9797403, 5.31%, 3/15/2027 | 9/18/2025 | 1077 | 1060 |
| 1114 | 9797529, 6.43%, 3/15/2027 | 9/18/2025 | 1056 | 1058 |
| 11782 | 9797865, 6.44%, 3/15/2027 | 9/18/2025 | 11217 | 11013 |
| 2595 | 9798051, 5.30%, 3/15/2027 | 9/18/2025 | 2524 | 2435 |
| 20998 | 9798102, 4.53%, 3/15/2027 | 9/18/2025 | 20013 | 20391 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 187

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1296 | 9798369, 6.43%, 3/15/2027 | 9/18/2025 | 1257 | 440 |
| 3087 | 9798409, 5.76%, 3/15/2027 | 9/18/2025 | 2839 | 3038 |
| 2699 | 9798497, 4.52%, 3/15/2027 | 9/18/2025 | 2568 | 2632 |
| 15117 | 9798544, 4.53%, 3/15/2027 | 9/18/2025 | 14458 | 14528 |
| 2362 | 9798713, 5.51%, 3/15/2027 | 9/18/2025 | 2241 | 2251 |
| 3390 | 9798737, 6.29%, 3/15/2027 | 9/18/2025 | 3265 | 3102 |
| 14270 | 9798867, 6.13%, 3/15/2027 | 9/18/2025 | 13672 | 12217 |
| 14643 | 9799078, 4.53%, 3/15/2027 | 9/18/2025 | 13937 | 14243 |
| 9390 | 9799310, 5.27%, 3/15/2027 | 9/18/2025 | 8971 | 8723 |
| 9589 | 9799397, 4.53%, 3/15/2027 | 9/18/2025 | 9142 | 9315 |
| 24878 | 9799491, 4.96%, 3/15/2027 | 9/18/2025 | 23753 | 23598 |
| 6747 | 9799702, 5.27%, 3/15/2027 | 9/18/2025 | 6410 | 6430 |
| 20878 | 9799801, 5.51%, 3/15/2027 | 9/18/2025 | 19656 | 20177 |
| 2499 | 9800045, 4.52%, 3/15/2027 | 9/18/2025 | 2377 | 2437 |
| 1898 | 9800094, 5.28%, 3/15/2027 | 9/18/2025 | 1804 | 1807 |
| 8227 | 9800116, 6.13%, 3/15/2027 | 9/18/2025 | 7813 | 7677 |
| 2008 | 9800246, 5.30%, 3/15/2027 | 9/18/2025 | 1958 | 1850 |
| 5141 | 9800283, 4.96%, 3/15/2027 | 9/18/2025 | 4905 | 4892 |
| 2116 | 9800332, 4.97%, 3/15/2027 | 9/18/2025 | 2007 | 2053 |
| 11766 | 9800386, 5.52%, 3/15/2027 | 9/18/2025 | 11250 | 10640 |
| 10105 | 9800504, 5.27%, 3/15/2027 | 9/18/2025 | 9612 | 9613 |
| 1546 | 9800559, 5.29%, 3/15/2027 | 9/18/2025 | 1505 | 1431 |
| 36005 | 9800567, 4.53%, 3/15/2027 | 9/18/2025 | 34612 | 22143 |
| 5789 | 9800751, 5.27%, 3/15/2027 | 9/18/2025 | 5488 | 5567 |
| 1020 | 9800780, 6.06%, 3/15/2027 | 9/18/2025 | 990 | 841 |
| 7075 | 9800798, 4.96%, 3/15/2027 | 9/18/2025 | 6780 | 6517 |
| 8597 | 9800829, 5.52%, 3/15/2027 | 9/18/2025 | 8203 | 7959 |
| 24368 | 9800859, 4.53%, 3/15/2027 | 9/18/2025 | 23079 | 23891 |
| 1247 | 9800999, 6.43%, 3/15/2027 | 9/18/2025 | 1141 | 1214 |
| 1531 | 9801016, 4.52%, 3/15/2027 | 9/18/2025 | 1467 | 1458 |
| 1547 | 9801045, 6.28%, 3/15/2027 | 9/18/2025 | 1491 | 1383 |
| 9508 | 9801068, 4.53%, 3/15/2027 | 9/18/2025 | 9151 | 8468 |
| 16476 | 9801297, 4.53%, 3/16/2027 | 9/19/2025 | 15764 | 15820 |
| 3674 | 9801592, 6.13%, 3/16/2027 | 9/19/2025 | 3489 | 3424 |
| 2350 | 9801649, 5.27%, 3/16/2027 | 9/19/2025 | 2231 | 2236 |
| 4869 | 9801704, 6.43%, 3/16/2027 | 9/19/2025 | 4690 | 3169 |
| 5040 | 9801769, 6.13%, 3/16/2027 | 9/19/2025 | 4707 | 4871 |
| 1341 | 9801933, 5.76%, 3/16/2027 | 9/19/2025 | 1247 | 1296 |
| 2237 | 9801982, 4.97%, 3/16/2027 | 9/19/2025 | 2132 | 2138 |
| 2169 | 9802098, 5.51%, 3/16/2027 | 9/19/2025 | 2065 | 2038 |
| 10829 | 9802148, 4.96%, 3/16/2027 | 9/19/2025 | 10406 | 8998 |
| 2672 | 9802461, 6.13%, 3/16/2027 | 9/19/2025 | 2440 | 2620 |
| 9007 | 9802579, 5.27%, 3/16/2027 | 9/19/2025 | 8427 | 8754 |
| 4563 | 9802724, 5.27%, 3/16/2027 | 9/19/2025 | 4354 | 4254 |
| 10264 | 9802783, 4.53%, 3/16/2027 | 9/19/2025 | 9795 | 9939 |
| 3703 | 9802891, 4.52%, 3/16/2027 | 9/19/2025 | 3552 | 3339 |

---

*See Notes to Financial Statements.*

188 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4955 | 9802931, 4.53%, 3/16/2027 | 9/19/2025 | 4725 | 4811 |
| 6675 | 9803005, 4.53%, 3/16/2027 | 9/19/2025 | 6380 | 6436 |
| 3092 | 9803061, 4.53%, 3/16/2027 | 9/19/2025 | 2942 | 3013 |
| 8705 | 9803116, 4.53%, 3/16/2027 | 9/19/2025 | 8297 | 8459 |
| 2494 | 9803233, 6.13%, 3/16/2027 | 9/19/2025 | 2371 | 2320 |
| 3128 | 9803268, 6.43%, 3/16/2027 | 9/19/2025 | 2910 | 3020 |
| 3497 | 9803350, 5.27%, 3/16/2027 | 9/19/2025 | 3331 | 3296 |
| 18064 | 9803402, 4.53%, 3/16/2027 | 9/19/2025 | 17137 | 17676 |
| 1747 | 9803678, 4.53%, 3/16/2027 | 9/19/2025 | 1656 | 1713 |
| 6433 | 9803711, 5.76%, 3/16/2027 | 9/19/2025 | 6105 | 6068 |
| 15892 | 9803773, 4.53%, 3/16/2027 | 9/19/2025 | 15121 | 15500 |
| 34718 | 9803923, 5.76%, 3/16/2027 | 9/19/2025 | 33446 | 15854 |
| 44800 | 9804238, 4.96%, 3/16/2027 | 9/19/2025 | 42382 | 43562 |
| 12395 | 9804787, 4.53%, 3/16/2027 | 9/19/2025 | 11790 | 12084 |
| 2427 | 9804931, 5.52%, 3/16/2027 | 9/19/2025 | 2317 | 2191 |
| 6380 | 9805291, 4.53%, 3/16/2027 | 9/19/2025 | 6133 | 5724 |
| 244 | 9805377, 6.07%, 3/17/2027 | 9/22/2025 | 231 | 232 |
| 3449 | 9805468, 6.44%, 3/17/2027 | 9/22/2025 | 3330 | 2152 |
| 13008 | 9805505, 6.07%, 3/17/2027 | 9/22/2025 | 12706 | 6850 |
| 3555 | 9805693, 5.76%, 3/17/2027 | 9/22/2025 | 3396 | 3219 |
| 13428 | 9805715, 6.13%, 3/17/2027 | 9/22/2025 | 12649 | 12773 |
| 15313 | 9806030, 4.53%, 3/17/2027 | 9/22/2025 | 14598 | 14851 |
| 11194 | 9806128, 6.13%, 3/17/2027 | 9/22/2025 | 10244 | 10986 |
| 12799 | 9806523, 4.53%, 3/17/2027 | 9/22/2025 | 12249 | 12279 |
| 3621 | 9806675, 4.96%, 3/17/2027 | 9/22/2025 | 3434 | 3495 |
| 4323 | 9806740, 6.12%, 3/17/2027<sup>(e)</sup> | 9/22/2025 | 4175 | 1330 |
| 4886 | 9806769, 4.53%, 3/17/2027 | 9/22/2025 | 4608 | 4800 |
| 25398 | 9806853, 4.53%, 3/17/2027 | 9/22/2025 | 24139 | 24698 |
| 1293 | 9807109, 6.42%, 3/17/2027 | 9/22/2025 | 1225 | 1207 |
| 6471 | 9807118, 6.28%, 3/17/2027 | 9/22/2025 | 6305 | 3468 |
| 865 | 9807164, 5.29%, 3/17/2027 | 9/22/2025 | 834 | 814 |
| 12358 | 9807166, 4.53%, 3/17/2027 | 9/22/2025 | 11870 | 11146 |
| 730 | 9807313, 5.77%, 3/17/2027 | 9/22/2025 | 680 | 707 |
| 2916 | 9807319, 6.44%, 3/17/2027 | 9/22/2025 | 2779 | 2651 |
| 15222 | 9807338, 4.53%, 3/17/2027 | 9/22/2025 | 14467 | 14761 |
| 25469 | 9807456, 4.96%, 3/17/2027 | 9/22/2025 | 24513 | 20432 |
| 4308 | 9807585, 5.27%, 3/17/2027 | 9/22/2025 | 4044 | 4175 |
| 855 | 9807631, 6.46%, 3/17/2027 | 9/22/2025 | 813 | 781 |
| 3954 | 9807640, 6.29%, 3/17/2027 | 9/22/2025 | 3736 | 3769 |
| 11724 | 9807665, 4.96%, 3/17/2027 | 9/22/2025 | 11077 | 11392 |
| 2095 | 9807737, 4.52%, 3/17/2027 | 9/22/2025 | 1963 | 2064 |
| 2430 | 9807778, 5.52%, 3/17/2027 | 9/22/2025 | 2297 | 2323 |
| 30463 | 9807818, 4.53%, 3/17/2027 | 9/22/2025 | 29226 | 27620 |
| 8442 | 9808006, 4.53%, 3/17/2027 | 9/22/2025 | 8039 | 8200 |
| 9273 | 9808048, 4.53%, 3/17/2027 | 9/22/2025 | 8827 | 9022 |
| 26969 | 9808125, 4.53%, 3/17/2027 | 9/22/2025 | 25410 | 26522 |
| 4552 | 9808351, 4.53%, 3/17/2027 | 9/22/2025 | 4333 | 4423 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 189

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2077 | 9808397, 6.43%, 3/17/2027 | 9/22/2025 | 1975 | 1923 |
| 14018 | 9808416, 5.76%, 3/17/2027 | 9/22/2025 | 13429 | 12208 |
| 11868 | 9808568, 6.13%, 3/17/2027 | 9/22/2025 | 11016 | 11524 |
| 13687 | 9808772, 5.76%, 3/17/2027 | 9/22/2025 | 13102 | 10399 |
| 1530 | 9808899, 4.96%, 3/17/2027 | 9/22/2025 | 1454 | 1464 |
| 984 | 9808928, 6.44%, 3/17/2027 | 9/22/2025 | 915 | 952 |
| 12666 | 9808969, 4.53%, 3/17/2027 | 9/22/2025 | 12182 | 11300 |
| 7187 | 9809080, 4.53%, 3/17/2027 | 9/22/2025 | 6843 | 6994 |
| 6657 | 9809179, 6.44%, 3/17/2027 | 9/22/2025 | 6349 | 5915 |
| 23415 | 9809258, 4.53%, 3/17/2027 | 9/22/2025 | 22389 | 22509 |
| 3577 | 9809522, 5.27%, 3/17/2027 | 9/22/2025 | 3378 | 3457 |
| 14072 | 9812233, 6.15%, 3/18/2027 | 9/23/2025 | 13488 | 10208 |
| 2040 | 9812534, 4.98%, 3/18/2027 | 9/23/2025 | 1940 | 1951 |
| 6638 | 9812557, 5.78%, 3/18/2027 | 9/23/2025 | 6101 | 6504 |
| 2686 | 9812689, 5.30%, 3/18/2027 | 9/23/2025 | 2554 | 2503 |
| 1085 | 9812723, 6.17%, 3/18/2027 | 9/23/2025 | 1021 | 1033 |
| 1278 | 9812992, 4.55%, 3/18/2027 | 9/23/2025 | 1206 | 1255 |
| 48136 | 9813027, 4.98%, 3/18/2027 | 9/23/2025 | 45716 | 46159 |
| 28198 | 9813244, 5.78%, 3/18/2027 | 9/23/2025 | 26986 | 24535 |
| 3087 | 9813558, 4.55%, 3/18/2027 | 9/23/2025 | 2899 | 3039 |
| 6564 | 9813618, 4.55%, 3/18/2027 | 9/23/2025 | 6269 | 6305 |
| 1168 | 9813743, 4.55%, 3/18/2027 | 9/23/2025 | 1114 | 1128 |
| 30115 | 9813762, 4.55%, 3/18/2027 | 9/23/2025 | 28734 | 29060 |
| 2139 | 9814321, 4.98%, 3/18/2027 | 9/23/2025 | 1990 | 2120 |
| 12228 | 9814423, 6.15%, 3/18/2027 | 9/23/2025 | 11644 | 11057 |
| 4391 | 9814623, 6.16%, 3/18/2027 | 9/23/2025 | 4145 | 4151 |
| 5841 | 9814718, 5.54%, 3/18/2027 | 9/23/2025 | 5540 | 5534 |
| 60423 | 9814787, 5.29%, 3/18/2027 | 9/23/2025 | 56770 | 58706 |
| 3646 | 9815457, 4.55%, 3/18/2027 | 9/23/2025 | 3495 | 3311 |
| 1605 | 9815496, 4.54%, 3/18/2027 | 9/23/2025 | 1535 | 1527 |
| 3043 | 9815513, 6.15%, 3/18/2027 | 9/23/2025 | 2837 | 2945 |
| 54798 | 9815542, 4.98%, 3/18/2027 | 9/23/2025 | 51214 | 53777 |
| 2205 | 9816258, 5.28%, 3/18/2027 | 9/23/2025 | 2084 | 2122 |
| 4056 | 9816304, 4.55%, 3/18/2027 | 9/23/2025 | 3862 | 3941 |
| 2205 | 9816348, 4.97%, 3/18/2027 | 9/23/2025 | 2102 | 2096 |
| 1023 | 9816389, 6.10%, 3/18/2027 | 9/23/2025 | 981 | 962 |
| 8331 | 9816395, 4.55%, 3/18/2027 | 9/23/2025 | 7987 | 7565 |
| 22882 | 9816450, 4.98%, 3/18/2027 | 9/23/2025 | 21739 | 21947 |
| 1935 | 9816713, 4.97%, 3/18/2027 | 9/23/2025 | 1844 | 1838 |
| 2136 | 9816752, 5.79%, 3/18/2027 | 9/23/2025 | 2015 | 2030 |
| 2542 | 9816845, 6.45%, 3/18/2027 | 9/23/2025 | 2402 | 2397 |
| 16826 | 9816881, 5.29%, 3/18/2027 | 9/23/2025 | 16116 | 13646 |
| 466 | 9817064, 5.82%, 3/19/2027 | 9/24/2025 | 431 | 455 |
| 2037 | 9817106, 4.56%, 3/19/2027 | 9/24/2025 | 1949 | 1941 |
| 36180 | 9817128, 4.55%, 3/19/2027 | 9/24/2025 | 34271 | 35422 |
| 5016 | 9817710, 4.98%, 3/19/2027 | 9/24/2025 | 4769 | 4801 |

---

*See Notes to Financial Statements.*

190 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1464 | 9817743, 6.29%, 3/19/2027 | 9/24/2025 | 1404 | 1338 |
| 20226 | 9817771, 4.55%, 3/19/2027 | 9/24/2025 | 19270 | 19623 |
| 21796 | 9817902, 4.55%, 3/19/2027 | 9/24/2025 | 20752 | 21136 |
| 1173 | 9817963, 6.46%, 3/19/2027 | 9/24/2025 | 1126 | 1042 |
| 33552 | 9817975, 4.55%, 3/19/2027 | 9/24/2025 | 31974 | 32521 |
| 21351 | 9818426, 4.55%, 3/19/2027 | 9/24/2025 | 20375 | 20531 |
| 11790 | 9818748, 6.15%, 3/19/2027 | 9/24/2025 | 11185 | 10872 |
| 1318 | 9818902, 6.29%, 3/19/2027 | 9/24/2025 | 1270 | 1111 |
| 23674 | 9818916, 4.55%, 3/19/2027 | 9/24/2025 | 22511 | 23020 |
| 5219 | 9819294, 4.55%, 3/19/2027 | 9/24/2025 | 5014 | 4657 |
| 3839 | 9819370, 4.55%, 3/19/2027 | 9/24/2025 | 3650 | 3746 |
| 1958 | 9819446, 4.56%, 3/19/2027 | 9/24/2025 | 1870 | 1888 |
| 3633 | 9819488, 6.46%, 3/19/2027 | 9/24/2025 | 3435 | 3418 |
| 8724 | 9819564, 6.46%, 3/19/2027 | 9/24/2025 | 7949 | 8551 |
| 28874 | 9819702, 4.55%, 3/19/2027 | 9/24/2025 | 27516 | 27964 |
| 1548 | 9820015, 6.15%, 3/19/2027 | 9/24/2025 | 1459 | 1467 |
| 14264 | 9820033, 6.46%, 3/19/2027 | 9/24/2025 | 13368 | 13587 |
| 30613 | 9820173, 4.55%, 3/19/2027 | 9/24/2025 | 29087 | 29869 |
| 42754 | 9820506, 4.98%, 3/19/2027 | 9/24/2025 | 40678 | 40729 |
| 1458 | 9820787, 5.33%, 3/19/2027 | 9/24/2025 | 1429 | 1048 |
| 15081 | 9820789, 4.55%, 3/19/2027 | 9/24/2025 | 14356 | 14654 |
| 6379 | 9820917, 4.55%, 3/19/2027 | 9/24/2025 | 6071 | 6196 |
| 4573 | 9820987, 5.29%, 3/19/2027 | 9/24/2025 | 4339 | 4351 |
| 1888 | 9821050, 6.46%, 3/19/2027 | 9/24/2025 | 1763 | 1814 |
| 1037 | 9821070, 6.30%, 3/19/2027 | 9/24/2025 | 982 | 988 |
| 7742 | 9821104, 6.15%, 3/19/2027 | 9/24/2025 | 7322 | 7244 |
| 9975 | 9821176, 4.55%, 3/19/2027 | 9/24/2025 | 9451 | 9763 |
| 6104 | 9821375, 4.55%, 3/20/2027 | 9/25/2025 | 5802 | 5952 |
| 4367 | 9821436, 4.55%, 3/20/2027 | 9/25/2025 | 4154 | 4247 |
| 1054 | 9821462, 6.45%, 3/20/2027 | 9/25/2025 | 980 | 1016 |
| 7619 | 9821470, 4.55%, 3/20/2027 | 9/25/2025 | 7252 | 7394 |
| 8509 | 9821502, 4.55%, 3/20/2027 | 9/25/2025 | 8104 | 8255 |
| 5069 | 9821536, 4.98%, 3/20/2027 | 9/25/2025 | 4791 | 4914 |
| 651 | 9821561, 6.29%, 3/20/2027 | 9/25/2025 | 603 | 630 |
| 3636 | 9821571, 5.53%, 3/20/2027 | 9/25/2025 | 3445 | 3447 |
| 373 | 9821590, 6.11%, 3/20/2027 | 9/25/2025 | 357 | 352 |
| 15819 | 9821597, 6.15%, 3/20/2027 | 9/25/2025 | 15134 | 11493 |
| 4562 | 9821681, 4.54%, 3/20/2027 | 9/25/2025 | 4345 | 4418 |
| 1317 | 9821708, 5.53%, 3/20/2027 | 9/25/2025 | 1253 | 1222 |
| 13519 | 9821718, 4.55%, 3/20/2027 | 9/25/2025 | 12875 | 13100 |
| 1863 | 9821821, 6.45%, 3/20/2027 | 9/25/2025 | 1762 | 1746 |
| 2832 | 9821885, 4.55%, 3/20/2027 | 9/25/2025 | 2707 | 2566 |
| 12137 | 9821900, 6.46%, 3/20/2027 | 9/25/2025 | 11679 | 9761 |
| 6150 | 9821942, 4.55%, 3/20/2027 | 9/25/2025 | 5756 | 6071 |
| 7160 | 9821990, 5.32%, 3/20/2027 | 9/25/2025 | 6941 | 6619 |
| 2599 | 9822039, 6.46%, 3/20/2027 | 9/25/2025 | 2451 | 2468 |
| 15629 | 9822048, 6.15%, 3/20/2027 | 9/25/2025 | 14735 | 14799 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 191

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 841 | 9822140, 6.47%, 3/20/2027 | 9/25/2025 | 790 | 804 |
| 820 | 9822142, 6.48%, 3/20/2027 | 9/25/2025 | 779 | 757 |
| 7481 | 9822157, 4.55%, 3/20/2027 | 9/25/2025 | 7122 | 7255 |
| 3127 | 9822200, 4.54%, 3/20/2027 | 9/25/2025 | 2973 | 3040 |
| 1694 | 9822219, 6.45%, 3/21/2027 | 9/25/2025 | 1597 | 1597 |
| 1466 | 9822229, 5.77%, 3/21/2027 | 9/25/2025 | 1374 | 1415 |
| 1274 | 9822245, 6.30%, 3/21/2027 | 9/25/2025 | 1220 | 1164 |
| 1305 | 9822248, 6.31%, 3/21/2027 | 9/25/2025 | 1251 | 1185 |
| 3813 | 9822256, 4.54%, 3/21/2027 | 9/25/2025 | 3616 | 3724 |
| 54015 | 9822280, 4.54%, 3/21/2027 | 9/25/2025 | 51562 | 51921 |
| 6892 | 9822479, 4.54%, 3/21/2027 | 9/25/2025 | 6522 | 6748 |
| 4768 | 9822524, 4.54%, 3/21/2027 | 9/25/2025 | 4549 | 4599 |
| 5767 | 9822544, 4.53%, 3/21/2027 | 9/25/2025 | 5511 | 5527 |
| 4786 | 9822571, 4.53%, 3/21/2027 | 9/25/2025 | 4564 | 4634 |
| 7485 | 9822597, 4.54%, 3/21/2027 | 9/25/2025 | 7129 | 7258 |
| 1514 | 9822641, 5.53%, 3/21/2027 | 9/25/2025 | 1432 | 1443 |
| 2267 | 9822649, 5.53%, 3/21/2027 | 9/25/2025 | 2156 | 2125 |
| 2899 | 9822654, 6.08%, 3/21/2027 | 9/25/2025 | 2811 | 2098 |
| 3132 | 9822667, 4.53%, 3/21/2027 | 9/25/2025 | 2981 | 3041 |
| 1428 | 9822692, 6.46%, 3/21/2027 | 9/25/2025 | 1352 | 1351 |
| 1018 | 9822699, 6.43%, 3/21/2027 | 9/25/2025 | 955 | 973 |
| 11587 | 9822711, 4.54%, 3/21/2027 | 9/25/2025 | 11105 | 10498 |
| 5923 | 9822767, 4.53%, 3/21/2027 | 9/25/2025 | 5621 | 5779 |
| 1652 | 9822817, 6.45%, 3/21/2027 | 9/25/2025 | 1568 | 1543 |
| 19835 | 9822833, 4.54%, 3/21/2027 | 9/25/2025 | 18877 | 19251 |
| 1463 | 9822924, 6.45%, 3/21/2027 | 9/25/2025 | 1384 | 1333 |
| 3143 | 9822938, 4.53%, 3/21/2027 | 9/25/2025 | 2996 | 3044 |
| 25865 | 9822953, 4.54%, 3/21/2027 | 9/25/2025 | 24309 | 25446 |
| 1412 | 9824046, 6.42%, 3/22/2027 | 9/25/2025 | 1334 | 1328 |
| 8675 | 9824062, 4.53%, 3/22/2027 | 9/25/2025 | 8326 | 7808 |
| 1536 | 9824198, 6.12%, 3/22/2027 | 9/25/2025 | 1455 | 1433 |
| 2878 | 9824222, 4.54%, 3/22/2027 | 9/25/2025 | 2742 | 2790 |
| 1575 | 9824276, 4.53%, 3/22/2027 | 9/25/2025 | 1496 | 1534 |
| 4942 | 9824296, 4.53%, 3/22/2027 | 9/25/2025 | 4709 | 4790 |
| 3452 | 9824413, 6.13%, 3/22/2027 | 9/25/2025 | 3202 | 3352 |
| 961 | 9824557, 6.45%, 3/22/2027 | 9/25/2025 | 931 | 235 |
| 19730 | 9824574, 4.53%, 3/22/2027 | 9/25/2025 | 18776 | 19208 |
| 2386 | 9825108, 6.29%, 3/22/2027 | 9/25/2025 | 2282 | 2220 |
| 1178 | 9825124, 6.43%, 3/22/2027 | 9/25/2025 | 1091 | 1141 |
| 37296 | 9825134, 5.76%, 3/22/2027 | 9/25/2025 | 35414 | 34633 |
| 6336 | 9825547, 5.52%, 3/22/2027 | 9/25/2025 | 6008 | 6003 |
| 1734 | 9825593, 6.44%, 3/22/2027 | 9/25/2025 | 1630 | 1647 |
| 7115 | 9825611, 5.27%, 3/22/2027 | 9/25/2025 | 6734 | 6828 |
| 1260 | 9825663, 4.54%, 3/22/2027 | 9/25/2025 | 1180 | 1249 |
| 2140 | 9825689, 4.53%, 3/22/2027 | 9/25/2025 | 2025 | 2098 |
| 10100 | 9825714, 4.53%, 3/22/2027 | 9/25/2025 | 9619 | 9800 |

---

*See Notes to Financial Statements.*

192 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5685 | 9825798, 4.96%, 3/22/2027 | 9/25/2025 | 5405 | 5441 |
| 11547 | 9825843, 6.44%, 3/22/2027 | 9/25/2025 | 11006 | 10393 |
| 16289 | 9825969, 4.53%, 3/22/2027 | 9/25/2025 | 15531 | 15695 |
| 22686 | 9826080, 6.28%, 3/22/2027 | 9/25/2025 | 21877 | 19295 |
| 882 | 9826347, 5.76%, 3/22/2027 | 9/25/2025 | 832 | 836 |
| 10028 | 9826362, 4.96%, 3/22/2027 | 9/25/2025 | 9530 | 9605 |
| 13046 | 9826484, 4.53%, 3/22/2027 | 9/25/2025 | 12413 | 12679 |
| 464 | 9826565, 5.31%, 3/22/2027 | 9/25/2025 | 453 | 407 |
| 19959 | 9826566, 5.27%, 3/22/2027 | 9/25/2025 | 19149 | 15759 |
| 4977 | 9826739, 4.96%, 3/22/2027 | 9/25/2025 | 4731 | 4766 |
| 822 | 9826785, 6.43%, 3/22/2027 | 9/25/2025 | 774 | 775 |
| 363 | 9826801, 5.29%, 3/22/2027 | 9/25/2025 | 339 | 353 |
| 1386 | 9826811, 5.51%, 3/22/2027 | 9/25/2025 | 1294 | 1347 |
| 1988 | 9826839, 4.53%, 3/22/2027 | 9/25/2025 | 1897 | 1917 |
| 35439 | 9826848, 5.27%, 3/22/2027 | 9/25/2025 | 33583 | 33976 |
| 13910 | 9827156, 4.53%, 3/22/2027 | 9/25/2025 | 13293 | 13343 |
| 1555 | 9827231, 4.53%, 3/22/2027 | 9/25/2025 | 1484 | 1499 |
| 11377 | 9827243, 4.96%, 3/22/2027 | 9/25/2025 | 10866 | 10672 |
| 4855 | 9827303, 5.51%, 3/22/2027 | 9/25/2025 | 4474 | 4812 |
| 3596 | 9827428, 6.13%, 3/22/2027 | 9/25/2025 | 3321 | 3498 |
| 34855 | 9827458, 4.53%, 3/22/2027 | 9/25/2025 | 33406 | 31656 |
| 796 | 9827795, 5.28%, 3/22/2027 | 9/25/2025 | 779 | 582 |
| 3280 | 9827809, 5.52%, 3/22/2027 | 9/25/2025 | 3099 | 3152 |
| 1778 | 9827838, 4.53%, 3/22/2027 | 9/25/2025 | 1668 | 1752 |
| 1011 | 9827848, 6.30%, 3/22/2027 | 9/25/2025 | 955 | 963 |
| 25473 | 9827851, 4.96%, 3/22/2027 | 9/25/2025 | 24524 | 19299 |
| 14762 | 9827994, 5.76%, 3/22/2027 | 9/25/2025 | 14058 | 13452 |
| 5419 | 9828064, 6.13%, 3/22/2027 | 9/25/2025 | 5150 | 4976 |
| 666 | 9828138, 6.29%, 3/22/2027 | 9/25/2025 | 629 | 624 |
| 3472 | 9828146, 4.53%, 3/22/2027 | 9/25/2025 | 3323 | 3296 |
| 6367 | 9828165, 6.44%, 3/22/2027 | 9/25/2025 | 6075 | 5395 |
| 12267 | 9828194, 6.13%, 3/22/2027 | 9/25/2025 | 11560 | 11634 |
| 1677 | 9828358, 5.50%, 3/22/2027 | 9/25/2025 | 1599 | 1545 |
| 2223 | 9828402, 4.96%, 3/22/2027 | 9/25/2025 | 2100 | 2159 |
| 6661 | 9828414, 4.53%, 3/22/2027 | 9/25/2025 | 6280 | 6537 |
| 8256 | 9828473, 4.53%, 3/22/2027 | 9/25/2025 | 7798 | 8103 |
| 5056 | 9828538, 4.53%, 3/22/2027 | 9/25/2025 | 4828 | 4868 |
| 75848 | 9828579, 4.53%, 3/22/2027 | 9/25/2025 | 72177 | 73705 |
| 1805 | 9828771, 5.28%, 3/23/2027 | 9/26/2025 | 1709 | 1717 |
| 1624 | 9828846, 6.12%, 3/23/2027 | 9/26/2025 | 1550 | 1396 |
| 1212 | 9828904, 4.55%, 3/23/2027 | 9/26/2025 | 1154 | 1176 |
| 1139 | 9828927, 6.44%, 3/23/2027 | 9/26/2025 | 1038 | 1117 |
| 29528 | 9828953, 4.53%, 3/23/2027 | 9/26/2025 | 28110 | 28639 |
| 1088 | 9829353, 5.33%, 3/23/2027<sup>(e)</sup> | 9/26/2025 | 1071 | 189 |
| 2961 | 9829383, 6.44%, 3/23/2027 | 9/26/2025 | 2853 | 2338 |
| 6523 | 9829413, 6.44%, 3/23/2027 | 9/26/2025 | 6196 | 6098 |
| 6551 | 9829534, 4.96%, 3/23/2027 | 9/26/2025 | 6263 | 6036 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 193

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2833 | 9829671, 4.97%, 3/23/2027 | 9/26/2025 | 2705 | 2660 |
| 2020 | 9829765, 6.13%, 3/23/2027 | 9/26/2025 | 1897 | 1924 |
| 7215 | 9829835, 6.13%, 3/23/2027 | 9/26/2025 | 6807 | 6747 |
| 2230 | 9830015, 6.28%, 3/23/2027 | 9/26/2025 | 2111 | 2121 |
| 2680 | 9830068, 5.77%, 3/23/2027 | 9/26/2025 | 2538 | 2522 |
| 3748 | 9830089, 4.53%, 3/23/2027 | 9/26/2025 | 3551 | 3655 |
| 2481 | 9830158, 6.44%, 3/23/2027 | 9/26/2025 | 2359 | 2251 |
| 386 | 9830176, 5.31%, 3/23/2027 | 9/26/2025 | 366 | 372 |
| 5092 | 9830205, 6.43%, 3/23/2027<sup>(e)</sup> | 9/26/2025 | 4928 | 670 |
| 7225 | 9830264, 6.28%, 3/23/2027 | 9/26/2025 | 6891 | 6718 |
| 9884 | 9830393, 6.13%, 3/23/2027 | 9/26/2025 | 9267 | 9442 |
| 10322 | 9830536, 6.13%, 3/23/2027 | 9/26/2025 | 9771 | 9621 |
| 2099 | 9830639, 4.54%, 3/23/2027 | 9/26/2025 | 2003 | 2030 |
| 2254 | 9830663, 4.53%, 3/23/2027 | 9/26/2025 | 2142 | 2196 |
| 3552 | 9830686, 4.53%, 3/23/2027 | 9/26/2025 | 3387 | 3438 |
| 5240 | 9830731, 6.13%, 3/23/2027 | 9/26/2025 | 4901 | 4870 |
| 55956 | 9830801, 5.76%, 3/23/2027 | 9/26/2025 | 53271 | 50829 |
| 466 | 9831339, 5.56%, 3/23/2027 | 9/26/2025 | 442 | 442 |
| 6711 | 9831361, 5.51%, 3/23/2027 | 9/26/2025 | 6428 | 5353 |
| 3947 | 9831388, 4.95%, 3/23/2027 | 9/26/2025 | 3754 | 3774 |
| 21178 | 9831453, 5.51%, 3/23/2027 | 9/26/2025 | 20339 | 15657 |
| 1119 | 9831614, 6.06%, 3/23/2027 | 9/26/2025 | 1068 | 1054 |
| 1268 | 9831637, 4.96%, 3/23/2027 | 9/26/2025 | 1207 | 1203 |
| 2892 | 9831642, 4.97%, 3/23/2027 | 9/26/2025 | 2751 | 2749 |
| 55158 | 9831650, 5.27%, 3/23/2027 | 9/26/2025 | 52578 | 51168 |
| 5171 | 9831944, 6.44%, 3/23/2027 | 9/26/2025 | 4908 | 4779 |
| 1235 | 9831967, 5.51%, 3/23/2027 | 9/26/2025 | 1165 | 1189 |
| 1275 | 9831990, 5.30%, 3/23/2027 | 9/26/2025 | 1215 | 1205 |
| 999 | 9832014, 6.15%, 3/23/2027 | 9/26/2025 | 935 | 949 |
| 3989 | 9832039, 6.13%, 3/23/2027 | 9/26/2025 | 3822 | 2861 |
| 12752 | 9832070, 5.52%, 3/23/2027 | 9/26/2025 | 12196 | 10249 |
| 817 | 9832163, 4.53%, 3/23/2027 | 9/26/2025 | 780 | 792 |
| 10954 | 9832176, 5.30%, 3/23/2027 | 9/26/2025 | 10277 | 10650 |
| 7119 | 9832386, 4.53%, 3/23/2027 | 9/26/2025 | 6777 | 6906 |
| 3353 | 9832415, 6.13%, 3/23/2027 | 9/26/2025 | 3166 | 3167 |
| 40412 | 9832434, 4.53%, 3/23/2027 | 9/26/2025 | 38440 | 39271 |
| 40312 | 9832785, 4.53%, 3/23/2027 | 9/26/2025 | 38575 | 38249 |
| 3599 | 9833175, 5.26%, 3/23/2027 | 9/26/2025 | 3427 | 3287 |
| 8314 | 9833208, 4.53%, 3/23/2027 | 9/26/2025 | 7764 | 8260 |
| 21870 | 9833369, 5.27%, 3/24/2027 | 9/29/2025 | 20787 | 20528 |
| 8085 | 9833889, 6.44%, 3/24/2027 | 9/29/2025 | 7305 | 7868 |
| 2386 | 9834324, 6.44%, 3/24/2027 | 9/29/2025 | 2218 | 2290 |
| 11196 | 9834517, 5.76%, 3/24/2027 | 9/29/2025 | 10603 | 10397 |
| 15151 | 9834867, 5.76%, 3/24/2027 | 9/29/2025 | 14284 | 14493 |
| 5374 | 9835154, 4.53%, 3/24/2027 | 9/29/2025 | 5131 | 5152 |
| 437 | 9835204, 5.31%, 3/24/2027 | 9/29/2025 | 417 | 416 |

---

*See Notes to Financial Statements.*

194 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1824 | 9835206, 4.96%, 3/24/2027 | 9/29/2025 | 1721 | 1771 |
| 3055 | 9835376, 6.44%, 3/24/2027 | 9/29/2025 | 2911 | 2698 |
| 5849 | 9835432, 4.96%, 3/24/2027 | 9/29/2025 | 5566 | 5549 |
| 4607 | 9835473, 4.96%, 3/24/2027 | 9/29/2025 | 4406 | 4239 |
| 12329 | 9835526, 4.96%, 3/24/2027 | 9/29/2025 | 11705 | 11856 |
| 25472 | 9835705, 4.53%, 3/24/2027 | 9/29/2025 | 24187 | 24768 |
| 5367 | 9836310, 6.13%, 3/24/2027 | 9/29/2025 | 5056 | 5087 |
| 24503 | 9836442, 5.27%, 3/24/2027 | 9/29/2025 | 23204 | 23318 |
| 17201 | 9836698, 4.53%, 3/24/2027 | 9/29/2025 | 16255 | 16825 |
| 1002 | 9836834, 6.07%, 3/24/2027 | 9/29/2025 | 948 | 953 |
| 3460 | 9836866, 6.07%, 3/24/2027 | 9/29/2025 | 3358 | 2537 |
| 9081 | 9836908, 4.53%, 3/24/2027 | 9/29/2025 | 8599 | 8877 |
| 6949 | 9836995, 4.53%, 3/24/2027 | 9/29/2025 | 6569 | 6809 |
| 16801 | 9837083, 4.53%, 3/24/2027 | 9/29/2025 | 15936 | 16382 |
| 43696 | 9837197, 4.53%, 3/24/2027 | 9/29/2025 | 41315 | 42774 |
| 4929 | 9837717, 5.52%, 3/24/2027 | 9/29/2025 | 4573 | 4818 |
| 1050 | 9837756, 5.50%, 3/24/2027 | 9/29/2025 | 992 | 1004 |
| 8959 | 9837834, 4.53%, 3/24/2027 | 9/29/2025 | 8526 | 8698 |
| 10209 | 9837917, 6.44%, 3/24/2027 | 9/29/2025 | 9555 | 9775 |
| 5107 | 9838025, 5.27%, 3/24/2027 | 9/29/2025 | 4784 | 4970 |
| 5118 | 9838054, 6.44%, 3/24/2027 | 9/29/2025 | 4925 | 2098 |
| 56437 | 9838074, 4.53%, 3/24/2027 | 9/29/2025 | 53875 | 54221 |
| 41183 | 9838628, 6.44%, 3/24/2027 | 9/29/2025 | 38266 | 39505 |
| 7511 | 9842358, 4.55%, 3/25/2027 | 9/30/2025 | 7146 | 7279 |
| 11644 | 9842529, 5.54%, 3/25/2027 | 9/30/2025 | 11062 | 10793 |
| 4452 | 9842691, 6.46%, 3/25/2027 | 9/30/2025 | 4153 | 4277 |
| 1172 | 9842849, 6.17%, 3/25/2027 | 9/30/2025 | 1108 | 1090 |
| 33770 | 9842877, 4.98%, 3/25/2027 | 9/30/2025 | 32109 | 32095 |
| 15518 | 9843859, 6.46%, 3/25/2027 | 9/30/2025 | 14613 | 14569 |
| 1874 | 9844169, 4.56%, 3/25/2027 | 9/30/2025 | 1781 | 1821 |
| 2383 | 9844203, 5.28%, 3/25/2027 | 9/30/2025 | 2226 | 2321 |
| 1799 | 9844271, 5.79%, 3/25/2027 | 9/30/2025 | 1692 | 1724 |
| 4058 | 9844308, 4.55%, 3/25/2027 | 9/30/2025 | 3893 | 3624 |
| 2046 | 9844371, 6.10%, 3/25/2027 | 9/30/2025 | 1991 | 266 |
| 10889 | 9844392, 4.55%, 3/25/2027 | 9/30/2025 | 10357 | 10568 |
| 1081 | 9844559, 6.45%, 3/25/2027 | 9/30/2025 | 995 | 1048 |
| 7943 | 9844599, 4.55%, 3/25/2027 | 9/30/2025 | 7579 | 7627 |
| 4853 | 9844775, 4.54%, 3/25/2027 | 9/30/2025 | 4617 | 4703 |
| 2508 | 9844868, 4.55%, 3/25/2027 | 9/30/2025 | 2386 | 2428 |
| 3025 | 9844914, 6.09%, 3/25/2027 | 9/30/2025 | 2914 | 2641 |
| 895 | 9844996, 5.56%, 3/25/2027 | 9/30/2025 | 830 | 875 |
| 436 | 9845024, 6.46%, 3/25/2027 | 9/30/2025 | 402 | 421 |
| 4325 | 9845047, 5.28%, 3/25/2027 | 9/30/2025 | 4056 | 4204 |
| 10267 | 9845173, 4.55%, 3/25/2027 | 9/30/2025 | 9701 | 10055 |
| 3310 | 9845331, 4.55%, 3/25/2027 | 9/30/2025 | 3153 | 3195 |
| 55471 | 9845340, 5.29%, 3/25/2027 | 9/30/2025 | 52895 | 50537 |
| 2371 | 9845688, 6.15%, 3/25/2027 | 9/30/2025 | 2208 | 2289 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 195

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 68647 | 9845724, 4.98%, 3/25/2027 | 9/30/2025 | 65115 | 65753 |
| 4213 | 9846840, 4.54%, 3/25/2027 | 9/30/2025 | 3985 | 4125 |
| 4690 | 9846875, 6.46%, 3/25/2027 | 9/30/2025 | 4433 | 4339 |
| 5611 | 9846942, 4.55%, 3/25/2027 | 9/30/2025 | 5250 | 5535 |
| 3748 | 9847020, 4.55%, 3/25/2027 | 9/30/2025 | 3582 | 3410 |
| 42777 | 9847050, 6.46%, 3/25/2027 | 9/30/2025 | 40583 | 38926 |
| 3162 | 9847511, 5.54%, 3/25/2027 | 9/30/2025 | 2988 | 3017 |
| 9402 | 9847535, 4.55%, 3/25/2027 | 9/30/2025 | 8995 | 8569 |
| 12489 | 9847635, 6.15%, 3/25/2027 | 9/30/2025 | 11776 | 11678 |
| 2967 | 9847701, 6.46%, 3/25/2027<sup>(e)</sup> | 10/1/2025 | 2865 | 391 |
| 5505 | 9847816, 4.55%, 3/26/2027 | 10/1/2025 | 5228 | 5351 |
| 3841 | 9847890, 4.54%, 3/26/2027 | 10/1/2025 | 3649 | 3736 |
| 2569 | 9847944, 5.33%, 3/26/2027 | 10/1/2025 | 2519 | 1093 |
| 14664 | 9847973, 5.32%, 3/26/2027<sup>(e)</sup> | 10/1/2025 | 14394 | 1102 |
| 3449 | 9848132, 4.54%, 3/26/2027 | 10/1/2025 | 3278 | 3348 |
| 26033 | 9848170, 6.15%, 3/26/2027 | 10/1/2025 | 24719 | 23516 |
| 11374 | 9848558, 5.53%, 3/26/2027 | 10/1/2025 | 10757 | 10788 |
| 1828 | 9848737, 4.56%, 3/26/2027 | 10/1/2025 | 1735 | 1782 |
| 13493 | 9848783, 5.29%, 3/26/2027 | 10/1/2025 | 12784 | 12810 |
| 1592 | 9849032, 5.52%, 3/26/2027 | 10/1/2025 | 1508 | 1506 |
| 2918 | 9849062, 5.29%, 3/26/2027 | 10/1/2025 | 2747 | 2821 |
| 1073 | 9849115, 6.15%, 3/26/2027 | 10/1/2025 | 1007 | 1022 |
| 5272 | 9849141, 4.55%, 3/26/2027 | 10/1/2025 | 4982 | 5163 |
| 7211 | 9849242, 5.54%, 3/26/2027 | 10/1/2025 | 6827 | 6747 |
| 3502 | 9849336, 5.29%, 3/26/2027 | 10/1/2025 | 3326 | 3290 |
| 9311 | 9849365, 4.98%, 3/26/2027 | 10/1/2025 | 8881 | 8617 |
| 8393 | 9849488, 4.98%, 3/26/2027 | 10/1/2025 | 8032 | 7002 |
| 2254 | 9849579, 6.47%, 3/26/2027 | 10/1/2025 | 2157 | 1840 |
| 611 | 9849596, 6.10%, 3/26/2027 | 10/1/2025 | 581 | 577 |
| 15352 | 9849608, 4.55%, 3/26/2027 | 10/1/2025 | 14680 | 13997 |
| 36973 | 9849736, 5.29%, 3/26/2027 | 10/1/2025 | 35145 | 34687 |
| 24756 | 9850098, 4.55%, 3/26/2027 | 10/1/2025 | 23675 | 22560 |
| 7281 | 9850356, 4.55%, 3/26/2027 | 10/1/2025 | 6846 | 7159 |
| 2049 | 9850442, 4.54%, 3/26/2027 | 10/1/2025 | 1948 | 1986 |
| 29592 | 9850473, 6.46%, 3/26/2027 | 10/1/2025 | 28316 | 18566 |
| 10983 | 9850724, 4.55%, 3/26/2027 | 10/1/2025 | 10440 | 10654 |
| 752 | 9850891, 4.58%, 3/26/2027 | 10/1/2025 | 715 | 728 |
| 25448 | 9850905, 4.55%, 3/26/2027 | 10/1/2025 | 24364 | 23058 |
| 377 | 9851111, 5.35%, 3/26/2027 | 10/1/2025 | 357 | 363 |
| 22279 | 9851112, 4.55%, 3/26/2027 | 10/1/2025 | 21192 | 21589 |
| 42728 | 9851360, 4.55%, 3/26/2027 | 10/1/2025 | 39992 | 42082 |
| 7007 | 9851940, 6.46%, 3/26/2027 | 10/1/2025 | 6502 | 6744 |
| 55065 | 9852296, 4.55%, 3/26/2027 | 10/1/2025 | 52459 | 53116 |
| 49632 | 9853285, 4.98%, 3/26/2027 | 10/1/2025 | 47257 | 46591 |
| 7137 | 9853855, 6.15%, 3/26/2027 | 10/1/2025 | 6770 | 6537 |
| 2046 | 9854260, 6.46%, 3/26/2027 | 10/1/2025 | 1948 | 1786 |

---

*See Notes to Financial Statements.*

196 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5234 | 9854328, 4.98%, 3/26/2027 | 10/1/2025 | 4968 | 5004 |
| 5601 | 9854408, 6.15%, 3/26/2027 | 10/1/2025 | 5288 | 5231 |
| 3975 | 9854487, 6.46%, 3/26/2027 | 10/1/2025 | 3760 | 3679 |
| 18066 | 9854530, 4.55%, 3/26/2027 | 10/1/2025 | 16905 | 17816 |
| 4564 | 9854901, 4.54%, 3/26/2027 | 10/1/2025 | 4333 | 4451 |
| 976 | 9854962, 6.29%, 3/26/2027 | 10/1/2025 | 932 | 893 |
| 6932 | 9854980, 5.78%, 3/26/2027 | 10/1/2025 | 6587 | 6312 |
| 12003 | 9855064, 4.98%, 3/26/2027 | 10/1/2025 | 11389 | 11494 |
| 24511 | 9855201, 4.55%, 3/27/2027 | 10/2/2025 | 23332 | 23641 |
| 28355 | 9855296, 4.55%, 3/27/2027 | 10/2/2025 | 26820 | 27721 |
| 31238 | 9855460, 5.29%, 3/27/2027 | 10/2/2025 | 29661 | 29067 |
| 6490 | 9855574, 4.55%, 3/27/2027 | 10/2/2025 | 6194 | 6177 |
| 4687 | 9855609, 5.29%, 3/27/2027 | 10/2/2025 | 4417 | 4528 |
| 2313 | 9855644, 6.15%, 3/27/2027 | 10/2/2025 | 2164 | 2207 |
| 11347 | 9855659, 5.29%, 3/27/2027 | 10/2/2025 | 10765 | 10686 |
| 10129 | 9855716, 4.55%, 3/27/2027 | 10/2/2025 | 9603 | 9883 |
| 705 | 9855775, 5.53%, 3/27/2027 | 10/2/2025 | 652 | 690 |
| 7566 | 9855781, 4.98%, 3/27/2027 | 10/2/2025 | 7184 | 7229 |
| 4114 | 9855862, 6.15%, 3/27/2027 | 10/2/2025 | 3901 | 3729 |
| 5580 | 9855906, 5.54%, 3/27/2027 | 10/2/2025 | 5226 | 5376 |
| 1387 | 9855948, 5.53%, 3/27/2027 | 10/2/2025 | 1316 | 1286 |
| 3250 | 9855957, 6.16%, 3/27/2027 | 10/2/2025 | 3073 | 2933 |
| 2847 | 9855994, 4.54%, 3/27/2027 | 10/2/2025 | 2693 | 2785 |
| 10517 | 9856017, 4.55%, 3/27/2027 | 10/2/2025 | 10008 | 10186 |
| 9747 | 9856088, 5.29%, 3/27/2027 | 10/2/2025 | 9357 | 6902 |
| 8885 | 9856152, 4.55%, 3/27/2027 | 10/2/2025 | 8402 | 8680 |
| 3784 | 9856204, 4.98%, 3/27/2027 | 10/2/2025 | 3595 | 3591 |
| 934 | 9856229, 6.48%, 3/27/2027 | 10/2/2025 | 863 | 901 |
| 4308 | 9856235, 4.55%, 3/27/2027 | 10/2/2025 | 4091 | 4187 |
| 2209 | 9856271, 4.55%, 3/27/2027 | 10/2/2025 | 2093 | 2155 |
| 1252 | 9856294, 6.45%, 3/27/2027 | 10/2/2025 | 1166 | 1203 |
| 3266 | 9856311, 6.15%, 3/27/2027 | 10/2/2025 | 3070 | 3091 |
| 3416 | 9856336, 5.78%, 3/27/2027 | 10/2/2025 | 3211 | 3244 |
| 4002 | 9856358, 4.98%, 3/27/2027 | 10/2/2025 | 3764 | 3903 |
| 6450 | 9856401, 5.54%, 3/27/2027 | 10/2/2025 | 6182 | 4801 |
| 7505 | 9856429, 4.55%, 3/27/2027 | 10/2/2025 | 7140 | 7269 |
| 7528 | 9856493, 5.28%, 3/28/2027 | 10/2/2025 | 7108 | 7233 |
| 1913 | 9856567, 5.32%, 3/28/2027 | 10/2/2025 | 1850 | 1766 |
| 12569 | 9856596, 4.54%, 3/28/2027 | 10/2/2025 | 11979 | 12089 |
| 4454 | 9856675, 6.15%, 3/28/2027 | 10/2/2025 | 4241 | 3831 |
| 2609 | 9856707, 5.28%, 3/28/2027 | 10/2/2025 | 2490 | 2130 |
| 3400 | 9856727, 4.54%, 3/28/2027 | 10/2/2025 | 3225 | 3314 |
| 2704 | 9856755, 6.15%, 3/28/2027 | 10/2/2025 | 2543 | 2552 |
| 5365 | 9856776, 5.28%, 3/28/2027 | 10/2/2025 | 4970 | 5301 |
| 7003 | 9856842, 4.54%, 3/28/2027 | 10/2/2025 | 6665 | 6782 |
| 13835 | 9856896, 5.28%, 3/28/2027 | 10/2/2025 | 13018 | 13351 |
| 15443 | 9856999, 5.52%, 3/28/2027 | 10/2/2025 | 14558 | 14779 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 197

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 11735 | 9857122, 6.14%, 3/28/2027 | 10/2/2025 | 10740 | 11482 |
| 11697 | 9857250, 4.54%, 3/28/2027 | 10/2/2025 | 11109 | 11395 |
| 7326 | 9857304, 5.28%, 3/28/2027 | 10/2/2025 | 6891 | 7082 |
| 2499 | 9857370, 5.77%, 3/28/2027 | 10/2/2025 | 2324 | 2415 |
| 711 | 9857391, 4.52%, 3/28/2027 | 10/2/2025 | 666 | 701 |
| 8518 | 9857396, 4.54%, 3/28/2027 | 10/2/2025 | 8108 | 8235 |
| 3930 | 9857438, 6.30%, 3/28/2027 | 10/2/2025 | 3728 | 3666 |
| 3778 | 9857467, 5.53%, 3/28/2027 | 10/2/2025 | 3588 | 3492 |
| 3606 | 9857503, 5.52%, 3/28/2027 | 10/2/2025 | 3416 | 3382 |
|  | 9857534, 6.45%, 3/28/2027 | 10/2/2025 | (1118) |  |
| 14493 | 9857600, 4.97%, 3/28/2027 | 10/2/2025 | 13731 | 13930 |
| 8349 | 9858698, 4.96%, 3/29/2027 | 10/2/2025 | 7889 | 8031 |
| 1364 | 9858762, 6.07%, 3/29/2027 | 10/2/2025 | 1321 | 1019 |
| 18284 | 9858770, 5.76%, 3/29/2027 | 10/2/2025 | 17330 | 16940 |
| 1134 | 9859533, 6.46%, 3/29/2027 | 10/2/2025 | 1084 | 772 |
| 931 | 9865617, 6.42%, 3/30/2027 | 10/3/2025 | 847 | 913 |
| 4587 | 9865706, 5.27%, 3/30/2027 | 10/3/2025 | 4358 | 4298 |
| 9082 | 9865773, 5.27%, 3/30/2027 | 10/3/2025 | 8636 | 8413 |
| 4041 | 9865939, 4.54%, 3/30/2027 | 10/3/2025 | 3855 | 3860 |
| 39199 | 9866010, 4.96%, 3/30/2027 | 10/3/2025 | 36440 | 38593 |
| 7350 | 9867026, 4.53%, 3/30/2027 | 10/3/2025 | 6977 | 7139 |
| 11607 | 9867193, 5.27%, 3/30/2027 | 10/3/2025 | 10986 | 11011 |
| 4653 | 9867350, 4.53%, 3/30/2027 | 10/3/2025 | 4414 | 4535 |
| 3904 | 9867390, 4.52%, 3/30/2027 | 10/3/2025 | 3707 | 3801 |
| 16064 | 9867415, 5.27%, 3/30/2027 | 10/3/2025 | 15029 | 15615 |
| 6945 | 9867614, 5.51%, 3/30/2027 | 10/3/2025 | 6521 | 6687 |
| 10764 | 9867700, 5.52%, 3/30/2027 | 10/3/2025 | 10200 | 10080 |
| 26480 | 9867864, 5.76%, 3/30/2027 | 10/3/2025 | 24937 | 25082 |
| 14500 | 9868156, 5.27%, 3/30/2027 | 10/3/2025 | 13724 | 13769 |
| 1804 | 9868320, 5.77%, 3/30/2027 | 10/3/2025 | 1710 | 1673 |
| 3450 | 9868332, 4.97%, 3/30/2027 | 10/3/2025 | 3270 | 3317 |
| 1725 | 9868363, 6.43%, 3/30/2027 | 10/3/2025 | 1623 | 1594 |
| 14538 | 9868385, 5.76%, 3/30/2027 | 10/3/2025 | 13875 | 11131 |
| 25728 | 9868529, 5.27%, 3/30/2027 | 10/3/2025 | 23833 | 25244 |
| 13478 | 9868838, 5.52%, 3/30/2027 | 10/3/2025 | 12710 | 12889 |
| 1535 | 9868969, 4.96%, 3/30/2027 | 10/3/2025 | 1451 | 1486 |
| 68346 | 9868982, 4.53%, 3/30/2027 | 10/3/2025 | 65121 | 65751 |
| 12640 | 9869529, 4.53%, 3/30/2027 | 10/3/2025 | 12012 | 12219 |
| 46849 | 9869689, 4.53%, 3/30/2027 | 10/3/2025 | 44698 | 44831 |
| 817 | 9869942, 6.07%, 3/30/2027 | 10/3/2025 | 789 | 689 |
| 5682 | 9869955, 6.13%, 3/30/2027 | 10/3/2025 | 5354 | 5357 |
| 24741 | 9869972, 4.96%, 3/30/2027 | 10/3/2025 | 23577 | 23169 |
| 3930 | 9870097, 5.27%, 3/30/2027 | 10/3/2025 | 3751 | 3217 |
| 3242 | 9870116, 6.44%, 3/30/2027 | 10/3/2025 | 3054 | 3008 |
| 2739 | 9870152, 6.44%, 3/30/2027 | 10/3/2025 | 2490 | 2598 |
| 2410 | 9870322, 6.44%, 3/30/2027 | 10/3/2025 | 2301 | 1690 |

---

*See Notes to Financial Statements.*

198 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1313 | 9871518, 5.76%, 4/1/2027 | 10/6/2025 | 1241 | 1235 |
| 2676 | 9871590, 6.12%, 4/1/2027 | 10/6/2025 | 2526 | 2483 |
| 2229 | 9871661, 4.53%, 4/1/2027 | 10/6/2025 | 2111 | 2162 |
| 3648 | 9871694, 6.42%, 4/1/2027 | 10/6/2025 | 3478 | 2811 |
| 14877 | 9871743, 4.52%, 4/1/2027 | 10/6/2025 | 14009 | 14439 |
| 2542 | 9872081, 6.11%, 4/1/2027 | 10/6/2025 | 2375 | 2403 |
| 4324 | 9872122, 4.95%, 4/1/2027 | 10/6/2025 | 4118 | 4099 |
| 20393 | 9872170, 6.42%, 4/1/2027 | 10/6/2025 | 19473 | 14695 |
| 10009 | 9872517, 4.52%, 4/1/2027 | 10/6/2025 | 9549 | 9649 |
| 6510 | 9872790, 5.26%, 4/1/2027 | 10/6/2025 | 6134 | 6240 |
| 1074 | 9872911, 6.42%, 4/1/2027 | 10/6/2025 | 982 | 1022 |
| 2836 | 9872959, 5.50%, 4/1/2027 | 10/6/2025 | 2689 | 2672 |
| 13554 | 9873024, 4.52%, 4/1/2027 | 10/6/2025 | 12845 | 13144 |
| 52518 | 9873265, 4.52%, 4/1/2027 | 10/6/2025 | 49828 | 50931 |
| 11927 | 9874010, 4.52%, 4/1/2027 | 10/6/2025 | 11319 | 11568 |
| 16306 | 9874119, 6.27%, 4/1/2027 | 10/6/2025 | 15412 | 15254 |
| 3958 | 9874478, 6.42%, 4/1/2027 | 10/6/2025 | 3798 | 3364 |
| 4279 | 9874531, 4.95%, 4/1/2027 | 10/6/2025 | 4065 | 4077 |
| 4309 | 9874600, 6.05%, 4/1/2027 | 10/6/2025 | 4147 | 3882 |
|  | 9874648, 4.52%, 4/1/2027 | 10/6/2025 | (7250) |  |
| 42634 | 9875353, 4.52%, 4/1/2027 | 10/6/2025 | 40981 | 29110 |
| 8270 | 9875723, 6.12%, 4/1/2027 | 10/6/2025 | 7680 | 7866 |
| 4447 | 9875858, 5.50%, 4/1/2027 | 10/6/2025 | 4196 | 4237 |
| 23748 | 9875886, 4.52%, 4/1/2027 | 10/6/2025 | 22628 | 22891 |
| 8533 | 9876118, 4.52%, 4/1/2027 | 10/6/2025 | 8103 | 8264 |
| 19836 | 9876215, 4.95%, 4/1/2027 | 10/6/2025 | 18851 | 18895 |
| 1871 | 9876379, 6.12%, 4/1/2027 | 10/6/2025 | 1751 | 1767 |
| 7166 | 9876396, 6.42%, 4/1/2027 | 10/6/2025 | 6762 | 6652 |
| 4853 | 9876501, 4.52%, 4/1/2027 | 10/6/2025 | 4624 | 4686 |
| 15722 | 9876557, 4.52%, 4/1/2027 | 10/6/2025 | 14925 | 15226 |
| 10682 | 9876840, 4.52%, 4/1/2027 | 10/6/2025 | 10152 | 10345 |
| 887 | 9880083, 6.45%, 4/2/2027 | 10/7/2025 | 822 | 837 |
| 3103 | 9880142, 4.54%, 4/2/2027 | 10/7/2025 | 2940 | 3008 |
| 34425 | 9880203, 5.28%, 4/2/2027 | 10/7/2025 | 32660 | 32231 |
| 430 | 9880833, 6.19%, 4/2/2027 | 10/7/2025 | 405 | 401 |
| 1190 | 9880860, 5.53%, 4/2/2027 | 10/7/2025 | 1125 | 1127 |
| 1334 | 9880889, 6.45%, 4/2/2027 | 10/7/2025 | 1264 | 1210 |
| 1611 | 9880906, 6.08%, 4/2/2027 | 10/7/2025 | 1502 | 1526 |
| 7529 | 9880975, 5.52%, 4/2/2027 | 10/7/2025 | 7191 | 6317 |
| 2054 | 9881124, 6.08%, 4/2/2027 | 10/7/2025 | 1939 | 1944 |
| 9589 | 9881230, 4.54%, 4/2/2027 | 10/7/2025 | 9097 | 9286 |
| 4427 | 9881483, 5.77%, 4/2/2027 | 10/7/2025 | 4169 | 4176 |
| 8342 | 9881604, 4.54%, 4/2/2027 | 10/7/2025 | 7939 | 8056 |
| 1806 | 9881732, 4.54%, 4/2/2027 | 10/7/2025 | 1705 | 1751 |
| 1725 | 9881779, 5.77%, 4/2/2027 | 10/7/2025 | 1630 | 1621 |
| 4700 | 9881807, 6.14%, 4/2/2027 | 10/7/2025 | 4422 | 4386 |
| 6857 | 9881872, 5.77%, 4/2/2027 | 10/7/2025 | 6480 | 6446 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 199

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 23092 | 9881958, 4.54%, 4/2/2027 | 10/7/2025 | 21930 | 22361 |
| 1972 | 9882285, 4.97%, 4/2/2027 | 10/7/2025 | 1861 | 1897 |
| 663 | 9882311, 6.46%, 4/2/2027 | 10/7/2025 | 628 | 610 |
| 5807 | 9882318, 4.54%, 4/2/2027 | 10/7/2025 | 5512 | 5612 |
| 34684 | 9882384, 4.54%, 4/2/2027 | 10/7/2025 | 33120 | 32127 |
| 5604 | 9882803, 4.97%, 4/2/2027 | 10/7/2025 | 5356 | 4878 |
| 3635 | 9882860, 5.52%, 4/2/2027 | 10/7/2025 | 3423 | 3462 |
| 35073 | 9882909, 4.54%, 4/2/2027 | 10/7/2025 | 33369 | 33873 |
| 1515 | 9883920, 4.55%, 4/2/2027 | 10/7/2025 | 1441 | 1465 |
| 35515 | 9884023, 4.54%, 4/2/2027 | 10/7/2025 | 33845 | 34305 |
| 26559 | 9884324, 4.54%, 4/2/2027 | 10/7/2025 | 25401 | 24606 |
| 7368 | 9884453, 5.52%, 4/2/2027 | 10/7/2025 | 6960 | 6975 |
| 585 | 9884501, 6.43%, 4/2/2027 | 10/7/2025 | 555 | 535 |
| 13447 | 9884518, 4.97%, 4/2/2027 | 10/7/2025 | 12877 | 11705 |
| 2815 | 9884658, 4.55%, 4/2/2027 | 10/7/2025 | 2666 | 2729 |
| 23067 | 9884688, 4.54%, 4/2/2027 | 10/7/2025 | 22011 | 22141 |
| 1551 | 9884893, 4.98%, 4/2/2027 | 10/7/2025 | 1473 | 1477 |
| 4448 | 9884909, 4.54%, 4/2/2027 | 10/7/2025 | 4237 | 4296 |
| 3984 | 9884925, 6.14%, 4/2/2027 | 10/7/2025 | 3737 | 3752 |
| 12662 | 9884983, 6.45%, 4/2/2027 | 10/7/2025 | 11908 | 11434 |
| 61782 | 9885121, 5.28%, 4/2/2027 | 10/7/2025 | 58728 | 57403 |
| 1329 | 9885661, 6.46%, 4/2/2027 | 10/7/2025 | 1258 | 1222 |
| 3435 | 9885672, 6.45%, 4/2/2027 | 10/7/2025 | 3275 | 2566 |
| 49885 | 9885676, 4.54%, 4/2/2027 | 10/7/2025 | 47560 | 48068 |
| 2154 | 9886127, 4.55%, 4/2/2027 | 10/7/2025 | 2057 | 2067 |
| 2016 | 9886139, 4.55%, 4/2/2027 | 10/7/2025 | 1911 | 1954 |
| 2787 | 9886150, 5.29%, 4/2/2027 | 10/7/2025 | 2659 | 2364 |
| 2140 | 9886170, 6.45%, 4/2/2027 | 10/7/2025 | 2054 | 763 |
| 808 | 9886210, 5.32%, 4/2/2027 | 10/7/2025 | 776 | 748 |
| 5345 | 9886211, 5.31%, 4/2/2027 | 10/7/2025 | 5178 | 4596 |
| 2542 | 9886296, 5.31%, 4/2/2027 | 10/7/2025 | 2432 | 2405 |
| 1800 | 9886340, 6.29%, 4/2/2027 | 10/7/2025 | 1717 | 1636 |
| 665 | 9886456, 6.47%, 4/2/2027 | 10/7/2025 | 624 | 619 |
| 1177 | 9886562, 4.53%, 4/3/2027 | 10/8/2025 | 1118 | 1138 |
| 1411 | 9886677, 6.45%, 4/3/2027 | 10/8/2025 | 1324 | 1306 |
| 26345 | 9886718, 4.54%, 4/3/2027 | 10/8/2025 | 24952 | 25541 |
| 4467 | 9887251, 5.52%, 4/3/2027 | 10/8/2025 | 4226 | 4205 |
| 5881 | 9887403, 4.53%, 4/3/2027 | 10/8/2025 | 5542 | 5707 |
| 28388 | 9887608, 5.53%, 4/3/2027 | 10/8/2025 | 26778 | 26865 |
| 4806 | 9888170, 5.28%, 4/3/2027 | 10/8/2025 | 4531 | 4600 |
| 7952 | 9888232, 4.97%, 4/3/2027 | 10/8/2025 | 7562 | 7535 |
| 11844 | 9888305, 5.77%, 4/3/2027 | 10/8/2025 | 11124 | 11165 |
| 3112 | 9888426, 4.54%, 4/3/2027 | 10/8/2025 | 2957 | 3009 |
| 6514 | 9888475, 4.53%, 4/3/2027 | 10/8/2025 | 6184 | 6307 |
| 9193 | 9888509, 6.30%, 4/3/2027 | 10/8/2025 | 8354 | 8740 |
| 16325 | 9888841, 4.54%, 4/3/2027 | 10/8/2025 | 15531 | 15757 |

---

*See Notes to Financial Statements.*

200 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 2479 | 9889148, 6.14%, 4/3/2027 | 10/8/2025 | 2306 | 2354 |
| 56503 | 9889167, 4.54%, 4/3/2027 | 10/8/2025 | 52873 | 54832 |
| 4008 | 9889941, 6.44%, 4/3/2027 | 10/8/2025 | 3775 | 3721 |
| 59897 | 9889958, 4.97%, 4/3/2027 | 10/8/2025 | 56794 | 57243 |
| 4415 | 9890363, 6.15%, 4/3/2027 | 10/8/2025 | 4165 | 4092 |
| 6934 | 9890413, 4.54%, 4/3/2027 | 10/8/2025 | 6592 | 6691 |
| 73257 | 9890484, 4.97%, 4/3/2027 | 10/8/2025 | 70117 | 50042 |
| 974 | 9891057, 5.52%, 4/3/2027 | 10/8/2025 | 899 | 938 |
| 25230 | 9891096, 6.08%, 4/3/2027 | 10/8/2025 | 24273 | 21928 |
| 20860 | 9891302, 4.54%, 4/3/2027 | 10/8/2025 | 19757 | 20219 |
| 1547 | 9891580, 6.15%, 4/3/2027 | 10/8/2025 | 1440 | 1469 |
| 9432 | 9891597, 4.54%, 4/3/2027 | 10/8/2025 | 8950 | 9134 |
| 16077 | 9891693, 6.45%, 4/4/2027 | 10/9/2025 | 15184 | 14669 |
| 6243 | 9891796, 4.54%, 4/4/2027 | 10/9/2025 | 5968 | 5787 |
| 1833 | 9891821, 6.45%, 4/4/2027 | 10/9/2025 | 1733 | 1686 |
| 4076 | 9891835, 4.54%, 4/4/2027 | 10/9/2025 | 3876 | 3935 |
| 3902 | 9891870, 6.14%, 4/4/2027 | 10/9/2025 | 3666 | 3675 |
| 11081 | 9891903, 5.52%, 4/4/2027 | 10/9/2025 | 10466 | 10485 |
| 8995 | 9891978, 5.28%, 4/4/2027 | 10/9/2025 | 8499 | 8523 |
| 2395 | 9892029, 4.55%, 4/4/2027 | 10/9/2025 | 2278 | 2312 |
| 3722 | 9892048, 6.14%, 4/4/2027 | 10/9/2025 | 3495 | 3468 |
| 6236 | 9892076, 4.97%, 4/4/2027 | 10/9/2025 | 5885 | 5979 |
| 10204 | 9892123, 4.54%, 4/4/2027 | 10/9/2025 | 9723 | 9829 |
| 6203 | 9892202, 4.54%, 4/4/2027 | 10/9/2025 | 5860 | 6015 |
| 4522 | 9892261, 4.53%, 4/4/2027 | 10/9/2025 | 4318 | 4192 |
| 2891 | 9892285, 4.54%, 4/4/2027 | 10/9/2025 | 2729 | 2802 |
| 2801 | 9892311, 5.27%, 4/4/2027 | 10/9/2025 | 2629 | 2682 |
| 6528 | 9892334, 6.45%, 4/4/2027 | 10/9/2025 | 6175 | 5922 |
| 4609 | 9892378, 4.97%, 4/4/2027 | 10/9/2025 | 4378 | 4366 |
| 343 | 9892412, 4.54%, 4/4/2027 | 10/9/2025 | 327 | 332 |
| 1476 | 9892414, 5.53%, 4/4/2027 | 10/9/2025 | 1382 | 1406 |
| 4010 | 9892427, 4.53%, 4/4/2027 | 10/9/2025 | 3797 | 3887 |
| 4697 | 9892462, 4.53%, 4/4/2027 | 10/9/2025 | 4458 | 4548 |
| 3880 | 9892499, 4.54%, 4/4/2027 | 10/9/2025 | 3684 | 3750 |
| 888 | 9892530, 5.26%, 4/4/2027 | 10/9/2025 | 847 | 754 |
| 5722 | 9892540, 4.54%, 4/4/2027 | 10/9/2025 | 5456 | 5490 |
| 1303 | 9892574, 6.29%, 4/4/2027 | 10/9/2025 | 1222 | 1228 |
| 9741 | 9892580, 6.29%, 4/4/2027 | 10/9/2025 | 9165 | 9092 |
| 1687 | 9892678, 4.54%, 4/5/2027 | 10/9/2025 | 1604 | 1628 |
| 1995 | 9892686, 6.06%, 4/5/2027 | 10/9/2025 | 1910 | 1819 |
| 1564 | 9892707, 5.26%, 4/5/2027 | 10/9/2025 | 1482 | 1477 |
| 9719 | 9892716, 4.53%, 4/5/2027 | 10/9/2025 | 9223 | 9410 |
| 11766 | 9892783, 5.52%, 4/5/2027 | 10/9/2025 | 11040 | 11206 |
| 1068 | 9892909, 6.26%, 4/5/2027 | 10/9/2025 | 1014 | 982 |
| 9210 | 9892925, 5.30%, 4/5/2027 | 10/9/2025 | 8790 | 8706 |
| 2860 | 9893019, 4.53%, 4/5/2027 | 10/9/2025 | 2677 | 2775 |
| 10111 | 9893058, 6.07%, 4/5/2027 | 10/9/2025 | 9718 | 8799 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 201

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 3331 | 9893125, 5.30%, 4/5/2027 | 10/9/2025 | 3215 | 3047 |
| 2794 | 9893151, 5.76%, 4/5/2027 | 10/9/2025 | 2641 | 2611 |
| 9134 | 9893178, 4.53%, 4/5/2027 | 10/9/2025 | 8667 | 8844 |
| 1447 | 9893256, 5.52%, 4/5/2027 | 10/9/2025 | 1346 | 1384 |
| 1384 | 9893267, 4.53%, 4/5/2027 | 10/9/2025 | 1306 | 1343 |
| 13603 | 9893275, 4.96%, 4/5/2027 | 10/9/2025 | 12790 | 13115 |
| 4459 | 9893389, 6.43%, 4/5/2027 | 10/9/2025 | 4223 | 4071 |
| 3347 | 9893425, 4.53%, 4/5/2027 | 10/9/2025 | 3139 | 3245 |
| 4485 | 9893454, 5.52%, 4/5/2027 | 10/9/2025 | 4224 | 4270 |
| 4260 | 9893480, 5.76%, 4/5/2027 | 10/9/2025 | 4052 | 3417 |
| 6887 | 9893506, 4.53%, 4/5/2027 | 10/9/2025 | 6541 | 6668 |
| 2949 | 9893550, 5.52%, 4/5/2027 | 10/9/2025 | 2744 | 2819 |
| 5997 | 9893578, 5.27%, 4/5/2027 | 10/9/2025 | 5556 | 5782 |
| 14694 | 9893630, 4.53%, 4/5/2027 | 10/9/2025 | 13998 | 14153 |
| 5663 | 9894633, 4.52%, 4/6/2027 | 10/9/2025 | 5374 | 5481 |
| 3925 | 9894733, 4.52%, 4/6/2027 | 10/9/2025 | 3735 | 3788 |
| 2089 | 9894834, 4.94%, 4/6/2027 | 10/9/2025 | 1984 | 1989 |
| 24886 | 9894871, 4.52%, 4/6/2027 | 10/9/2025 | 23628 | 24087 |
| 1368 | 9895374, 5.76%, 4/6/2027 | 10/9/2025 | 1269 | 1296 |
| 8180 | 9895409, 4.52%, 4/6/2027 | 10/9/2025 | 7775 | 7909 |
| 21719 | 9895656, 4.52%, 4/6/2027 | 10/9/2025 | 20605 | 21046 |
| 14136 | 9896028, 6.12%, 4/6/2027 | 10/9/2025 | 13120 | 13408 |
| 48685 | 9896258, 4.52%, 4/6/2027 | 10/9/2025 | 46525 | 45112 |
| 4543 | 9896795, 5.26%, 4/6/2027 | 10/9/2025 | 4245 | 4355 |
| 17551 | 9896864, 4.52%, 4/6/2027 | 10/9/2025 | 16708 | 16939 |
| 4065 | 9897077, 6.43%, 4/6/2027 | 10/9/2025 | 3805 | 3799 |
| 3579 | 9897136, 4.52%, 4/6/2027 | 10/9/2025 | 3302 | 3473 |
| 3034 | 9897181, 6.12%, 4/6/2027 | 10/9/2025 | 2830 | 2880 |
| 901 | 9897327, 5.29%, 4/6/2027 | 10/9/2025 | 877 | 715 |
| 7299 | 9900044, 6.43%, 4/6/2027 | 10/10/2025 | 6928 | 6415 |
| 8549 | 9900179, 4.52%, 4/7/2027 | 10/10/2025 | 8105 | 8283 |
| 2041 | 9900347, 5.76%, 4/7/2027 | 10/10/2025 | 1926 | 1918 |
| 30365 | 9900402, 5.26%, 4/7/2027 | 10/10/2025 | 28780 | 28439 |
| 4135 | 9900842, 4.53%, 4/7/2027 | 10/10/2025 | 3914 | 4009 |
| 6517 | 9900956, 5.26%, 4/7/2027 | 10/10/2025 | 6208 | 5541 |
| 34864 | 9901020, 6.12%, 4/7/2027 | 10/10/2025 | 32848 | 32520 |
| 2460 | 9901695, 6.43%, 4/7/2027 | 10/10/2025 | 2342 | 2137 |
| 2251 | 9901729, 5.26%, 4/7/2027 | 10/10/2025 | 2106 | 2157 |
| 2423 | 9901750, 6.42%, 4/7/2027 | 10/10/2025 | 2301 | 2130 |
| 2639 | 9901781, 5.76%, 4/7/2027 | 10/10/2025 | 2490 | 2479 |
| 1911 | 9901824, 5.50%, 4/7/2027 | 10/10/2025 | 1804 | 1808 |
| 5244 | 9901843, 4.52%, 4/7/2027 | 10/10/2025 | 4992 | 5060 |
| 3569 | 9901920, 5.50%, 4/7/2027 | 10/10/2025 | 3412 | 3002 |
| 1869 | 9901998, 4.52%, 4/7/2027 | 10/10/2025 | 1781 | 1793 |
| 21184 | 9902023, 4.52%, 4/7/2027 | 10/10/2025 | 19947 | 20552 |
| 4960 | 9902592, 5.75%, 4/7/2027 | 10/10/2025 | 4620 | 4714 |

---

*See Notes to Financial Statements.*

202 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 13258 | 9902752, 5.26%, 4/7/2027 | 10/10/2025 | 12544 | 12563 |
| 2312 | 9902976, 6.42%, 4/7/2027 | 10/10/2025 | 2162 | 2165 |
| 29298 | 9903052, 5.50%, 4/7/2027 | 10/10/2025 | 27612 | 27873 |
| 5271 | 9903419, 4.52%, 4/7/2027 | 10/10/2025 | 5009 | 5097 |
| 12076 | 9903484, 4.95%, 4/7/2027 | 10/10/2025 | 11456 | 11496 |
| 1403 | 9903633, 5.74%, 4/7/2027 | 10/10/2025 | 1331 | 1294 |
| 2233 | 9903657, 5.75%, 4/7/2027 | 10/10/2025 | 2110 | 2085 |
| 19720 | 9903672, 4.52%, 4/7/2027 | 10/10/2025 | 18854 | 18286 |
| 9535 | 9903832, 6.43%, 4/7/2027 | 10/10/2025 | 9101 | 6933 |
| 16229 | 9903938, 4.52%, 4/7/2027 | 10/10/2025 | 15462 | 15630 |
| 6755 | 9904141, 6.43%, 4/7/2027 | 10/10/2025 | 6298 | 6339 |
| 8486 | 9904261, 4.52%, 4/7/2027 | 10/10/2025 | 8074 | 8190 |
| 6242 | 9904352, 4.52%, 4/7/2027 | 10/10/2025 | 5930 | 6043 |
| 13481 | 9904437, 5.75%, 4/7/2027 | 10/10/2025 | 12759 | 12594 |
| 71117 | 9904605, 4.52%, 4/7/2027 | 10/10/2025 | 67810 | 68242 |
| 3218 | 9905146, 5.26%, 4/8/2027 | 10/14/2025 | 3047 | 3015 |
| 4071 | 9905175, 4.95%, 4/8/2027 | 10/14/2025 | 3788 | 3933 |
| 61071 | 9905264, 4.52%, 4/8/2027 | 10/14/2025 | 58353 | 56640 |
| 2101 | 9906271, 6.43%, 4/8/2027 | 10/14/2025 | 2018 | 1502 |
| 3597 | 9906319, 4.52%, 4/8/2027 | 10/14/2025 | 3421 | 3471 |
| 5041 | 9906368, 4.52%, 4/8/2027 | 10/14/2025 | 4778 | 4883 |
| 30711 | 9906461, 4.95%, 4/8/2027 | 10/14/2025 | 29192 | 29050 |
| 10665 | 9906750, 6.12%, 4/8/2027 | 10/14/2025 | 10057 | 9824 |
| 2386 | 9906878, 5.75%, 4/8/2027 | 10/14/2025 | 2221 | 2267 |
| 1806 | 9906955, 6.41%, 4/8/2027 | 10/14/2025 | 1727 | 1359 |
| 14987 | 9906992, 4.52%, 4/8/2027 | 10/14/2025 | 14216 | 14505 |
| 964 | 9907223, 6.44%, 4/8/2027 | 10/14/2025 | 888 | 915 |
| 5066 | 9907239, 4.52%, 4/8/2027 | 10/14/2025 | 4798 | 4901 |
| 7737 | 9907285, 5.51%, 4/8/2027 | 10/14/2025 | 7280 | 7361 |
| 823 | 9907436, 6.04%, 4/8/2027 | 10/14/2025 | 775 | 777 |
| 6181 | 9907452, 6.11%, 4/8/2027 | 10/14/2025 | 5811 | 5765 |
| 9318 | 9907543, 6.42%, 4/8/2027 | 10/14/2025 | 8701 | 8743 |
| 3242 | 9907693, 4.95%, 4/8/2027 | 10/14/2025 | 2989 | 3124 |
| 2173 | 9907744, 4.53%, 4/8/2027 | 10/14/2025 | 2069 | 2092 |
| 2405 | 9907774, 4.96%, 4/8/2027 | 10/14/2025 | 2279 | 2295 |
| 7760 | 9907801, 5.26%, 4/8/2027 | 10/14/2025 | 7254 | 7433 |
| 1151 | 9907880, 6.43%, 4/8/2027 | 10/14/2025 | 1097 | 982 |
| 1088 | 9907888, 5.51%, 4/8/2027 | 10/14/2025 | 1015 | 1035 |
| 33967 | 9907913, 5.50%, 4/8/2027 | 10/14/2025 | 31359 | 32578 |
| 3059 | 9908502, 5.29%, 4/8/2027 | 10/14/2025 | 2915 | 2871 |
| 1844 | 9908541, 4.53%, 4/8/2027 | 10/14/2025 | 1751 | 1782 |
| 6924 | 9908565, 5.26%, 4/8/2027 | 10/14/2025 | 6550 | 6559 |
| 7269 | 9908626, 4.52%, 4/8/2027 | 10/14/2025 | 6924 | 6999 |
| 11667 | 9908642, 5.26%, 4/8/2027 | 10/14/2025 | 11028 | 11051 |
| 34426 | 9908675, 5.26%, 4/8/2027 | 10/14/2025 | 32487 | 32605 |
| 820 | 9908993, 4.95%, 4/8/2027 | 10/14/2025 | 775 | 785 |
| 7918 | 9908997, 6.42%, 4/8/2027 | 10/14/2025 | 7030 | 7534 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 203

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 47482 | 9909495, 5.26%, 4/8/2027 | 10/14/2025 | 44966 | 44804 |
| 1327 | 9914232, 4.98%, 4/9/2027 | 10/15/2025 | 1257 | 1263 |
| 3006 | 9914238, 5.32%, 4/9/2027 | 10/15/2025 | 2804 | 2868 |
| 1812 | 9914379, 5.52%, 4/9/2027 | 10/15/2025 | 1717 | 1673 |
| 5975 | 9914388, 4.98%, 4/9/2027 | 10/15/2025 | 5662 | 5686 |
| 1357 | 9914457, 6.47%, 4/9/2027 | 10/15/2025 | 1269 | 1272 |
| 7932 | 9914509, 4.55%, 4/9/2027 | 10/15/2025 | 7534 | 7647 |
| 17347 | 9914611, 4.55%, 4/9/2027 | 10/15/2025 | 16348 | 16811 |
| 717 | 9915103, 6.09%, 4/9/2027 | 10/15/2025 | 690 | 441 |
| 22318 | 9915125, 4.55%, 4/9/2027 | 10/15/2025 | 21137 | 21611 |
| 2179 | 9915751, 4.54%, 4/9/2027 | 10/15/2025 | 2069 | 2101 |
| 60676 | 9915807, 5.29%, 4/9/2027 | 10/15/2025 | 56774 | 58070 |
| 2801 | 9916886, 6.30%, 4/9/2027 | 10/15/2025 | 2674 | 2361 |
| 6057 | 9916950, 4.54%, 4/9/2027 | 10/15/2025 | 5755 | 5840 |
| 2454 | 9917046, 5.54%, 4/9/2027 | 10/15/2025 | 2299 | 2336 |
| 84615 | 9917080, 5.29%, 4/9/2027 | 10/15/2025 | 80059 | 79770 |
| 3852 | 9917944, 6.15%, 4/9/2027 | 10/15/2025 | 3606 | 3624 |
| 24405 | 9918024, 5.29%, 4/9/2027 | 10/15/2025 | 22691 | 23468 |
| 65780 | 9918254, 4.55%, 4/9/2027 | 10/15/2025 | 62395 | 63635 |
| 2528 | 9919079, 6.47%, 4/9/2027 | 10/15/2025 | 2372 | 2340 |
| 87585 | 9919087, 4.55%, 4/9/2027 | 10/15/2025 | 83102 | 84744 |
| 17514 | 9919565, 5.29%, 4/10/2027 | 10/16/2025 | 16545 | 16498 |
| 2988 | 9919886, 4.55%, 4/10/2027 | 10/16/2025 | 2834 | 2887 |
| 2843 | 9919960, 4.55%, 4/10/2027 | 10/16/2025 | 2710 | 2727 |
| 8454 | 9920023, 5.78%, 4/10/2027 | 10/16/2025 | 7919 | 7960 |
| 8913 | 9920208, 5.32%, 4/10/2027 | 10/16/2025 | 8558 | 8151 |
| 7683 | 9920457, 5.78%, 4/10/2027 | 10/16/2025 | 7251 | 7167 |
| 38784 | 9920678, 5.29%, 4/10/2027 | 10/16/2025 | 36974 | 33009 |
| 4941 | 9921178, 4.54%, 4/10/2027 | 10/16/2025 | 4733 | 4583 |
| 9054 | 9921227, 5.29%, 4/10/2027 | 10/16/2025 | 8524 | 8642 |
| 2179 | 9921409, 4.55%, 4/10/2027 | 10/16/2025 | 2078 | 2021 |
| 2490 | 9921448, 4.54%, 4/10/2027 | 10/16/2025 | 2367 | 2401 |
| 4130 | 9921480, 6.09%, 4/10/2027 | 10/16/2025 | 3953 | 3265 |
| 25382 | 9921562, 4.55%, 4/10/2027 | 10/16/2025 | 24144 | 24428 |
| 3094 | 9921941, 5.54%, 4/10/2027 | 10/16/2025 | 2854 | 2964 |
| 5492 | 9922002, 4.55%, 4/10/2027 | 10/16/2025 | 5206 | 5312 |
| 5286 | 9922044, 6.46%, 4/10/2027 | 10/16/2025 | 4867 | 4836 |
| 13862 | 9922205, 4.55%, 4/10/2027 | 10/16/2025 | 13034 | 13438 |
| 4116 | 9922422, 4.99%, 4/10/2027 | 10/16/2025 | 3868 | 3966 |
| 7105 | 9922456, 4.55%, 4/10/2027 | 10/16/2025 | 6735 | 6873 |
| 21087 | 9922516, 5.54%, 4/10/2027 | 10/16/2025 | 19906 | 19815 |
| 935 | 9922721, 4.57%, 4/10/2027 | 10/16/2025 | 885 | 904 |
| 3761 | 9922729, 5.32%, 4/10/2027 | 10/16/2025 | 3628 | 3403 |
| 4714 | 9922755, 6.09%, 4/10/2027 | 10/16/2025 | 4513 | 4121 |
| 4669 | 9922825, 6.15%, 4/10/2027 | 10/16/2025 | 4400 | 4320 |
| 9808 | 9922862, 5.53%, 4/10/2027 | 10/16/2025 | 9343 | 8250 |

---

*See Notes to Financial Statements.*

204 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 86677 | 9922961, 4.55%, 4/10/2027 | 10/16/2025 | 82155 | 83839 |
| 2748 | 9923942, 5.79%, 4/10/2027 | 10/16/2025 | 2594 | 2563 |
| 6554 | 9923965, 5.54%, 4/10/2027 | 10/16/2025 | 6205 | 6122 |
| 1883 | 9924099, 5.53%, 4/10/2027 | 10/16/2025 | 1780 | 1759 |
| 3594 | 9924129, 6.46%, 4/10/2027 | 10/16/2025 | 3368 | 3339 |
| 5917 | 9924157, 6.46%, 4/10/2027 | 10/16/2025 | 5559 | 5375 |
| 9967 | 9924240, 5.32%, 4/10/2027 | 10/16/2025 | 9685 | 6169 |
| 4493 | 9924374, 4.98%, 4/10/2027 | 10/16/2025 | 4258 | 4273 |
| 7035 | 9924421, 6.31%, 4/10/2027 | 10/16/2025 | 6527 | 6635 |
| 81738 | 9924514, 4.55%, 4/10/2027 | 10/16/2025 | 77565 | 78980 |
| 921 | 9924601, 6.45%, 4/11/2027 | 10/17/2025 | 863 | 855 |
| 7824 | 9924631, 4.55%, 4/11/2027 | 10/17/2025 | 7409 | 7568 |
| 4384 | 9924684, 5.28%, 4/11/2027 | 10/17/2025 | 4125 | 4185 |
| 7631 | 9924713, 4.98%, 4/11/2027 | 10/17/2025 | 7208 | 7308 |
| 5660 | 9924772, 5.54%, 4/11/2027 | 10/17/2025 | 5385 | 4763 |
| 1759 | 9924806, 6.08%, 4/11/2027 | 10/17/2025 | 1682 | 1540 |
| 5849 | 9924823, 4.98%, 4/11/2027 | 10/17/2025 | 5502 | 5614 |
| 9383 | 9924894, 5.29%, 4/11/2027 | 10/17/2025 | 8853 | 8776 |
| 14331 | 9924969, 4.55%, 4/11/2027 | 10/17/2025 | 13503 | 13880 |
| 4672 | 9925257, 4.54%, 4/11/2027 | 10/17/2025 | 4443 | 4495 |
| 6199 | 9925314, 4.55%, 4/11/2027 | 10/17/2025 | 5871 | 6001 |
| 6459 | 9925403, 4.55%, 4/11/2027 | 10/17/2025 | 6089 | 6258 |
| 7396 | 9925471, 4.55%, 4/11/2027 | 10/17/2025 | 7007 | 7154 |
| 2892 | 9925554, 5.77%, 4/12/2027 | 10/17/2025 | 2694 | 2746 |
| 1089 | 9925588, 6.45%, 4/12/2027 | 10/17/2025 | 1001 | 1031 |
| 1820 | 9925610, 4.54%, 4/12/2027 | 10/17/2025 | 1729 | 1755 |
| 2637 | 9925636, 5.28%, 4/12/2027 | 10/17/2025 | 2490 | 2483 |
| 4414 | 9925661, 4.54%, 4/12/2027 | 10/17/2025 | 4199 | 4247 |
| 38918 | 9925708, 4.97%, 4/12/2027 | 10/17/2025 | 37098 | 34035 |
| 2485 | 9926068, 4.54%, 4/12/2027 | 10/17/2025 | 2346 | 2407 |
| 827 | 9926088, 5.31%, 4/12/2027 | 10/17/2025 | 792 | 767 |
| 7056 | 9926097, 4.97%, 4/12/2027 | 10/17/2025 | 6658 | 6731 |
| 9246 | 9926162, 6.14%, 4/12/2027 | 10/17/2025 | 8591 | 8704 |
| 10422 | 9926286, 5.30%, 4/13/2027 | 10/17/2025 | 10021 | 9423 |
| 7215 | 9926421, 6.28%, 4/13/2027 | 10/17/2025 | 6602 | 6848 |
| 20507 | 9926507, 4.96%, 4/13/2027 | 10/17/2025 | 19310 | 19679 |
| 22448 | 9926676, 4.53%, 4/13/2027 | 10/17/2025 | 21322 | 21690 |
| 1088 | 9926871, 6.30%, 4/13/2027 | 10/17/2025 | 1044 | 536 |
| 564 | 9926881, 6.45%, 4/13/2027 | 10/17/2025 | 532 | 513 |
| 6626 | 9926891, 4.53%, 4/13/2027 | 10/17/2025 | 6274 | 6411 |
| 17585 | 9926948, 6.13%, 4/13/2027 | 10/17/2025 | 16567 | 16256 |
| 1234 | 9927050, 5.31%, 4/13/2027 | 10/17/2025 | 1185 | 1149 |
| 1710 | 9927054, 4.53%, 4/13/2027 | 10/17/2025 | 1621 | 1655 |
| 37674 | 9927063, 4.53%, 4/13/2027 | 10/17/2025 | 35715 | 36434 |
| 2320 | 9927332, 6.44%, 4/13/2027 | 10/17/2025 | 2169 | 2165 |
| 2227 | 9927362, 4.54%, 4/13/2027 | 10/17/2025 | 2114 | 2151 |
| 4149 | 9927393, 6.44%, 4/13/2027 | 10/17/2025 | 3902 | 3838 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 205

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 5277 | 9927448, 4.53%, 4/13/2027 | 10/17/2025 | 5002 | 5103 |
| 2037 | 9928349, 6.42%, 4/14/2027 | 10/17/2025 | 1902 | 1884 |
| 8804 | 9928371, 4.95%, 4/14/2027 | 10/17/2025 | 8334 | 8397 |
| 1579 | 9928503, 6.41%, 4/14/2027 | 10/17/2025 | 1484 | 1470 |
| 2238 | 9928542, 4.53%, 4/14/2027 | 10/17/2025 | 2124 | 2163 |
| 8079 | 9928608, 4.52%, 4/14/2027 | 10/17/2025 | 7644 | 7818 |
| 1802 | 9928881, 5.26%, 4/14/2027 | 10/17/2025 | 1685 | 1724 |
| 7246 | 9928970, 4.95%, 4/14/2027 | 10/17/2025 | 6729 | 6987 |
| 6434 | 9929377, 5.26%, 4/14/2027 | 10/17/2025 | 5997 | 6187 |
| 22668 | 9929570, 6.42%, 4/14/2027 | 10/17/2025 | 20893 | 21376 |
| 14506 | 9930180, 4.52%, 4/14/2027 | 10/17/2025 | 13747 | 14039 |
| 3355 | 9930446, 4.53%, 4/14/2027 | 10/17/2025 | 3185 | 3241 |
| 9244 | 9930513, 4.52%, 4/14/2027 | 10/17/2025 | 8730 | 8955 |
| 6044 | 9930770, 6.43%, 4/14/2027 | 10/17/2025 | 5697 | 5537 |
| 1380 | 9930861, 6.27%, 4/14/2027 | 10/17/2025 | 1279 | 1300 |
| 4973 | 9930902, 5.26%, 4/14/2027 | 10/17/2025 | 4692 | 4702 |
| 367 | 9930978, 6.25%, 4/14/2027 | 10/17/2025 | 335 | 344 |
| 33191 | 9930981, 4.95%, 4/14/2027 | 10/17/2025 | 31478 | 31585 |
| 54369 | 9931412, 6.12%, 4/14/2027 | 10/17/2025 | 50773 | 51192 |
| 55160 | 9932098, 4.52%, 4/14/2027 | 10/17/2025 | 52344 | 53276 |
| 2917 | 9932658, 6.42%, 4/14/2027 | 10/17/2025 | 2744 | 2696 |
| 4060 | 9932690, 5.26%, 4/14/2027 | 10/17/2025 | 3831 | 3839 |
| 4887 | 9932742, 5.29%, 4/14/2027 | 10/17/2025 | 4672 | 4524 |
| 4875 | 9932785, 6.12%, 4/14/2027 | 10/17/2025 | 4599 | 4478 |
| 5703 | 9932970, 5.51%, 4/14/2027 | 10/17/2025 | 5363 | 5410 |
| 1506 | 9933028, 6.41%, 4/14/2027 | 10/17/2025 | 1427 | 1138 |
| 2021 | 9933077, 6.27%, 4/14/2027 | 10/17/2025 | 1937 | 1390 |
| 541 | 9933112, 6.03%, 4/14/2027 | 10/17/2025 | 508 | 509 |
| 7375 | 9933124, 4.52%, 4/14/2027 | 10/17/2025 | 6984 | 7138 |
| 600 | 9933251, 6.03%, 4/14/2027 | 10/17/2025 | 568 | 559 |
| 2608 | 9933262, 4.53%, 4/14/2027 | 10/17/2025 | 2477 | 2520 |
| 2434 | 9933312, 6.27%, 4/14/2027 | 10/17/2025 | 2300 | 2257 |
| 8105 | 9933348, 6.27%, 4/14/2027 | 10/17/2025 | 7736 | 6845 |
| 3280 | 9933424, 6.42%, 4/15/2027 | 10/20/2025 | 2999 | 3109 |
| 2395 | 9933563, 4.53%, 4/15/2027 | 10/20/2025 | 2267 | 2318 |
| 11825 | 9933607, 5.26%, 4/15/2027 | 10/20/2025 | 11116 | 11278 |
| 6435 | 9933935, 4.52%, 4/15/2027 | 10/20/2025 | 6089 | 6226 |
| 3223 | 9934065, 6.43%, 4/15/2027 | 10/20/2025 | 3027 | 2955 |
| 46138 | 9934108, 4.52%, 4/15/2027 | 10/20/2025 | 43850 | 44453 |
| 6967 | 9934899, 5.26%, 4/15/2027 | 10/20/2025 | 6517 | 6664 |
| 1644 | 9935033, 6.42%, 4/15/2027 | 10/20/2025 | 1491 | 1555 |
| 7423 | 9935047, 4.52%, 4/15/2027 | 10/20/2025 | 7067 | 7119 |
| 1434 | 9935121, 6.28%, 4/15/2027 | 10/20/2025 | 1346 | 1328 |
| 4586 | 9935147, 6.42%, 4/15/2027 | 10/20/2025 | 4315 | 4148 |
| 3872 | 9935212, 5.26%, 4/15/2027 | 10/20/2025 | 3626 | 3700 |
| 5694 | 9935245, 6.42%, 4/15/2027 | 10/20/2025 | 5283 | 5344 |

---

*See Notes to Financial Statements.*

206 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 32107 | 9935352, 4.52%, 4/15/2027 | 10/20/2025 | 30448 | 31047 |
| 261 | 9935767, 4.62%, 4/15/2027 | 10/20/2025 | 247 | 253 |
| 28925 | 9935779, 4.52%, 4/15/2027 | 10/20/2025 | 27668 | 26858 |
| 4970 | 9936130, 5.75%, 4/15/2027 | 10/20/2025 | 4720 | 4049 |
| 20973 | 9936178, 4.95%, 4/15/2027 | 10/20/2025 | 19696 | 20117 |
| 2822 | 9936399, 4.95%, 4/15/2027 | 10/20/2025 | 2675 | 2635 |
| 7119 | 9936432, 6.42%, 4/15/2027 | 10/20/2025 | 6670 | 6588 |
| 25087 | 9936505, 4.95%, 4/15/2027 | 10/20/2025 | 23773 | 23677 |
| 8899 | 9936725, 5.29%, 4/15/2027 | 10/20/2025 | 8591 | 7719 |
| 16844 | 9936773, 5.26%, 4/15/2027 | 10/20/2025 | 15890 | 15919 |
| 11409 | 9936836, 6.42%, 4/15/2027 | 10/20/2025 | 10828 | 8632 |
| 3705 | 9936878, 5.29%, 4/15/2027 | 10/20/2025 | 3519 | 3507 |
| 1285 | 9936935, 5.51%, 4/15/2027 | 10/20/2025 | 1211 | 1213 |
| 25999 | 9936993, 5.26%, 4/15/2027 | 10/20/2025 | 24796 | 22169 |
| 11596 | 9937122, 6.42%, 4/15/2027 | 10/20/2025 | 10856 | 10723 |
| 2434 | 9937229, 6.12%, 4/15/2027 | 10/20/2025 | 2290 | 2250 |
| 7864 | 9937240, 4.52%, 4/15/2027 | 10/20/2025 | 7460 | 7594 |
| 33982 | 9937345, 5.50%, 4/15/2027 | 10/20/2025 | 31843 | 32222 |
| 9275 | 9937670, 6.42%, 4/15/2027 | 10/20/2025 | 8452 | 8830 |
| 422 | 9937765, 5.28%, 4/15/2027 | 10/20/2025 | 400 | 399 |
| 1915 | 9937767, 6.42%, 4/15/2027 | 10/20/2025 | 1804 | 1732 |
| 11576 | 9937780, 4.52%, 4/15/2027 | 10/20/2025 | 10977 | 11193 |
| 26383 | 9937849, 4.52%, 4/15/2027 | 10/20/2025 | 24996 | 25513 |
| 2876 | 9938179, 6.42%, 4/15/2027 | 10/20/2025 | 2670 | 2698 |
| 1309 | 9938215, 6.07%, 4/15/2027 | 10/20/2025 | 1232 | 1211 |
| 5636 | 9938245, 6.12%, 4/15/2027 | 10/20/2025 | 5311 | 5209 |
| 7913 | 9938294, 6.27%, 4/15/2027 | 10/20/2025 | 7395 | 7371 |
| 9583 | 9938367, 4.52%, 4/15/2027 | 10/20/2025 | 9080 | 9266 |
| 14072 | 9941242, 4.54%, 4/16/2027 | 10/21/2025 | 13351 | 13591 |
| 2881 | 9941426, 6.14%, 4/16/2027 | 10/21/2025 | 2733 | 2282 |
| 10168 | 9941444, 4.54%, 4/16/2027 | 10/21/2025 | 9704 | 9442 |
| 4065 | 9941524, 6.45%, 4/16/2027 | 10/21/2025 | 3849 | 3473 |
| 20076 | 9941558, 6.45%, 4/16/2027 | 10/21/2025 | 18587 | 18919 |
| 2538 | 9941878, 5.28%, 4/16/2027 | 10/21/2025 | 2401 | 2379 |
| 6425 | 9941925, 4.53%, 4/16/2027 | 10/21/2025 | 6091 | 6211 |
| 6567 | 9942031, 6.45%, 4/16/2027 | 10/21/2025 | 6078 | 6174 |
| 802 | 9942144, 5.29%, 4/16/2027 | 10/21/2025 | 768 | 733 |
| 15660 | 9942200, 4.54%, 4/16/2027 | 10/21/2025 | 14874 | 15085 |
| 9991 | 9942519, 4.54%, 4/16/2027 | 10/21/2025 | 9455 | 9663 |
| 7673 | 9942700, 4.97%, 4/16/2027 | 10/21/2025 | 7244 | 7312 |
| 6426 | 9942835, 5.77%, 4/16/2027 | 10/21/2025 | 6047 | 5987 |
| 12780 | 9942902, 4.54%, 4/16/2027 | 10/21/2025 | 12124 | 12340 |
| 20764 | 9943109, 5.77%, 4/16/2027 | 10/21/2025 | 19604 | 19125 |
| 4832 | 9943428, 6.14%, 4/16/2027 | 10/21/2025 | 4506 | 4546 |
| 19712 | 9943491, 4.54%, 4/16/2027 | 10/21/2025 | 18702 | 18974 |
| 10888 | 9943712, 4.97%, 4/16/2027 | 10/21/2025 | 10302 | 10350 |
| 3018 | 9943823, 5.77%, 4/16/2027 | 10/21/2025 | 2772 | 2893 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 207

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 11488 | 9943866, 4.54%, 4/16/2027 | 10/21/2025 | 10927 | 11011 |
| 1256 | 9943959, 6.44%, 4/16/2027 | 10/21/2025 | 1190 | 1120 |
| 4757 | 9943967, 4.54%, 4/16/2027 | 10/21/2025 | 4524 | 4576 |
| 3191 | 9944034, 4.54%, 4/16/2027 | 10/21/2025 | 3027 | 3082 |
| 6572 | 9944063, 4.54%, 4/16/2027 | 10/21/2025 | 6242 | 6331 |
| 4868 | 9944128, 5.52%, 4/16/2027 | 10/21/2025 | 4607 | 4502 |
| 4663 | 9944182, 4.54%, 4/16/2027 | 10/21/2025 | 4423 | 4503 |
| 8178 | 9944243, 5.53%, 4/16/2027 | 10/21/2025 | 7733 | 7557 |
| 5902 | 9944294, 4.54%, 4/16/2027 | 10/21/2025 | 5623 | 5480 |
| 30535 | 9944361, 5.28%, 4/16/2027 | 10/21/2025 | 28878 | 28617 |
| 2253 | 9944624, 4.55%, 4/16/2027 | 10/21/2025 | 2144 | 2160 |
| 10479 | 9944635, 5.77%, 4/16/2027 | 10/21/2025 | 9958 | 8542 |
| 4844 | 9944691, 5.28%, 4/16/2027 | 10/21/2025 | 4560 | 4574 |
| 43348 | 9944729, 4.97%, 4/16/2027 | 10/21/2025 | 40940 | 41314 |
| 9662 | 9945123, 4.54%, 4/16/2027 | 10/21/2025 | 9124 | 9357 |
| 61834 | 9945201, 4.54%, 4/16/2027 | 10/21/2025 | 59009 | 57402 |
| 29522 | 9945720, 5.77%, 4/16/2027 | 10/21/2025 | 27915 | 26675 |
| 2932 | 9945892, 6.44%, 4/16/2027 | 10/21/2025 | 2721 | 2756 |
| 39331 | 9945945, 4.54%, 4/16/2027 | 10/21/2025 | 37426 | 37694 |
| 3106 | 9946302, 4.55%, 4/17/2027 | 10/22/2025 | 2941 | 3002 |
| 879 | 9946342, 6.45%, 4/17/2027 | 10/22/2025 | 815 | 823 |
| 4197 | 9946348, 6.45%, 4/17/2027 | 10/22/2025 | 3909 | 3912 |
| 9385 | 9946371, 5.77%, 4/17/2027 | 10/22/2025 | 8769 | 8877 |
| 3210 | 9946472, 4.54%, 4/17/2027 | 10/22/2025 | 3038 | 3104 |
| 6459 | 9946506, 4.53%, 4/17/2027 | 10/22/2025 | 6111 | 6247 |
| 2568 | 9946600, 4.54%, 4/17/2027 | 10/22/2025 | 2427 | 2487 |
| 2428 | 9946626, 5.77%, 4/17/2027 | 10/22/2025 | 2225 | 2323 |
| 15750 | 9946680, 6.45%, 4/17/2027 | 10/22/2025 | 14756 | 14445 |
| 15639 | 9946930, 4.54%, 4/17/2027 | 10/22/2025 | 14661 | 15143 |
| 3122 | 9947427, 4.55%, 4/17/2027 | 10/22/2025 | 2960 | 3018 |
| 1261 | 9947516, 5.76%, 4/17/2027 | 10/22/2025 | 1196 | 1030 |
| 1811 | 9947543, 6.15%, 4/17/2027 | 10/22/2025 | 1692 | 1698 |
| 13900 | 9947590, 5.28%, 4/17/2027 | 10/22/2025 | 13235 | 11834 |
| 41466 | 9947796, 4.54%, 4/17/2027 | 10/22/2025 | 38806 | 40181 |
| 596 | 9948266, 5.28%, 4/17/2027 | 10/22/2025 | 564 | 564 |
| 177 | 9948269, 4.54%, 4/17/2027 | 10/22/2025 | 168 | 172 |
| 15788 | 9948290, 4.54%, 4/17/2027 | 10/22/2025 | 14964 | 15242 |
| 1451 | 9948529, 5.53%, 4/17/2027 | 10/22/2025 | 1357 | 1381 |
| 10384 | 9948543, 6.29%, 4/17/2027 | 10/22/2025 | 9958 | 7183 |
| 2960 | 9948638, 6.29%, 4/17/2027 | 10/22/2025 | 2782 | 2738 |
| 11337 | 9948685, 5.53%, 4/17/2027 | 10/22/2025 | 10686 | 10640 |
| 36984 | 9948773, 4.54%, 4/17/2027 | 10/22/2025 | 35114 | 35621 |
| 3978 | 9949112, 6.29%, 4/17/2027 | 10/22/2025 | 3766 | 3613 |
| 39110 | 9949164, 4.54%, 4/17/2027 | 10/22/2025 | 36757 | 37892 |
| 2584 | 9949530, 5.77%, 4/17/2027 | 10/22/2025 | 2430 | 2420 |
| 4985 | 9949579, 6.45%, 4/17/2027 | 10/22/2025 | 4711 | 4373 |

---

*See Notes to Financial Statements.*

208 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 7284 | 9949620, 4.53%, 4/17/2027 | 10/22/2025 | 6920 | 7004 |
| 1133 | 9949662, 6.12%, 4/17/2027 | 10/22/2025 | 1054 | 1066 |
| 3960 | 9949669, 5.28%, 4/17/2027 | 10/22/2025 | 3725 | 3773 |
| 54711 | 9949729, 4.54%, 4/17/2027 | 10/22/2025 | 51291 | 53008 |
| 74485 | 9950186, 6.45%, 4/17/2027 | 10/22/2025 | 69648 | 68854 |
| 7580 | 9950893, 4.54%, 4/17/2027 | 10/22/2025 | 7179 | 7327 |
| 270 | 9950972, 5.31%, 4/17/2027 | 10/22/2025 | 250 | 259 |
| 2710 | 9950989, 5.77%, 4/17/2027 | 10/22/2025 | 2516 | 2567 |
| 12197 | 9951059, 5.53%, 4/17/2027 | 10/22/2025 | 11259 | 11677 |
| 6537 | 9951202, 5.77%, 4/17/2027 | 10/22/2025 | 6006 | 6261 |
| 2380 | 9951290, 6.15%, 4/18/2027 | 10/23/2025 | 2243 | 2118 |
| 9830 | 9951316, 4.97%, 4/18/2027 | 10/23/2025 | 9170 | 9471 |
| 7132 | 9951367, 5.52%, 4/18/2027 | 10/23/2025 | 6682 | 6755 |
| 2885 | 9951383, 6.45%, 4/18/2027 | 10/23/2025 | 2740 | 1453 |
| 16569 | 9951392, 4.97%, 4/18/2027 | 10/23/2025 | 15664 | 15115 |
| 7305 | 9951464, 4.54%, 4/18/2027 | 10/23/2025 | 6922 | 7051 |
| 13714 | 9951550, 4.54%, 4/18/2027 | 10/23/2025 | 12951 | 13278 |
| 2624 | 9951644, 4.55%, 4/18/2027 | 10/23/2025 | 2494 | 2516 |
| 6048 | 9951656, 4.54%, 4/18/2027 | 10/23/2025 | 5717 | 5848 |
| 1361 | 9951695, 4.56%, 4/18/2027 | 10/23/2025 | 1289 | 1313 |
| 9911 | 9951701, 4.54%, 4/18/2027 | 10/23/2025 | 9389 | 9579 |
| 3318 | 9951758, 5.28%, 4/18/2027 | 10/23/2025 | 3112 | 3167 |
| 3102 | 9951773, 6.45%, 4/18/2027 | 10/23/2025 | 2930 | 2690 |
| 1847 | 9951794, 4.54%, 4/18/2027 | 10/23/2025 | 1753 | 1779 |
| 9154 | 9951801, 5.28%, 4/18/2027 | 10/23/2025 | 8718 | 7810 |
| 1912 | 9951833, 6.14%, 4/18/2027 | 10/23/2025 | 1803 | 1702 |
| 15927 | 9951848, 4.54%, 4/18/2027 | 10/23/2025 | 15090 | 15377 |
| 2239 | 9951936, 4.53%, 4/18/2027 | 10/23/2025 | 2112 | 2168 |
| 9493 | 9951949, 4.54%, 4/18/2027 | 10/23/2025 | 9022 | 9128 |
| 6144 | 9951993, 4.54%, 4/18/2027 | 10/23/2025 | 5835 | 5885 |
| 12189 | 9952028, 6.14%, 4/18/2027 | 10/23/2025 | 11501 | 10840 |
| 1133 | 9952097, 6.29%, 4/18/2027 | 10/23/2025 | 1055 | 1048 |
| 3058 | 9952109, 4.54%, 4/18/2027 | 10/23/2025 | 2893 | 2957 |
| 6231 | 9952122, 5.77%, 4/18/2027 | 10/23/2025 | 5924 | 5098 |
| 6390 | 9952153, 4.97%, 4/18/2027 | 10/23/2025 | 6029 | 6111 |
| 6032 | 9952177, 4.54%, 4/18/2027 | 10/23/2025 | 5723 | 5810 |
| 2060 | 9952221, 4.98%, 4/18/2027 | 10/23/2025 | 1946 | 1962 |
| 3356 | 9952234, 6.45%, 4/18/2027 | 10/23/2025 | 3152 | 3073 |
| 6611 | 9952264, 5.52%, 4/19/2027 | 10/23/2025 | 6272 | 5586 |
| 9170 | 9952292, 4.53%, 4/19/2027 | 10/23/2025 | 8686 | 8862 |
| 6729 | 9954255, 6.12%, 4/20/2027 | 10/23/2025 | 6373 | 5344 |
| 5614 | 9954553, 5.76%, 4/20/2027 | 10/23/2025 | 5322 | 4600 |
| 4838 | 9954748, 6.11%, 4/20/2027 | 10/23/2025 | 4485 | 4570 |
| 4581 | 9954937, 5.75%, 4/20/2027 | 10/23/2025 | 4302 | 4287 |
| 3836 | 9955131, 4.95%, 4/20/2027 | 10/23/2025 | 3637 | 3619 |
| 185 | 9955286, 5.29%, 4/20/2027 | 10/23/2025 | 165 | 174 |
| 3943 | 9955322, 5.50%, 4/20/2027 | 10/23/2025 | 3696 | 3735 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 209

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1871 | 9955474, 4.53%, 4/20/2027 | 10/23/2025 | 1771 | 1808 |
| 1085 | 9955504, 5.74%, 4/20/2027 | 10/23/2025 | 1019 | 1016 |
| 43446 | 9955547, 5.50%, 4/20/2027 | 10/23/2025 | 41041 | 40443 |
| 451 | 9956213, 4.58%, 4/20/2027 | 10/23/2025 | 428 | 436 |
|  | 9956217, 5.75%, 4/20/2027 | 10/23/2025 | (267) |  |
| 12546 | 9956249, 4.52%, 4/20/2027 | 10/23/2025 | 11900 | 12110 |
| 7167 | 9956530, 4.95%, 4/20/2027 | 10/23/2025 | 6809 | 6306 |
| 4064 | 9956634, 5.26%, 4/20/2027 | 10/23/2025 | 3860 | 3475 |
| 5794 | 9956700, 4.95%, 4/20/2027 | 10/23/2025 | 5441 | 5578 |
| 3455 | 9956780, 4.52%, 4/20/2027 | 10/23/2025 | 3264 | 3341 |
| 7113 | 9956816, 5.75%, 4/20/2027 | 10/23/2025 | 6644 | 6720 |
| 4950 | 9956919, 4.95%, 4/20/2027 | 10/23/2025 | 4684 | 4701 |
| 3220 | 9956985, 4.53%, 4/20/2027 | 10/23/2025 | 3043 | 3117 |
| 22790 | 9957003, 6.12%, 4/20/2027 | 10/23/2025 | 21493 | 20307 |
| 24833 | 9957315, 4.95%, 4/20/2027 | 10/23/2025 | 23486 | 23673 |
| 36065 | 9957626, 6.42%, 4/20/2027 | 10/23/2025 | 33707 | 33361 |
| 6702 | 9958201, 4.52%, 4/20/2027 | 10/23/2025 | 6339 | 6477 |
| 8175 | 9958262, 4.95%, 4/20/2027 | 10/23/2025 | 7596 | 7880 |
| 13456 | 9958430, 4.95%, 4/20/2027 | 10/23/2025 | 12653 | 12895 |
| 1723 | 9958689, 6.11%, 4/20/2027 | 10/23/2025 | 1610 | 1615 |
| 7112 | 9958715, 4.52%, 4/20/2027 | 10/23/2025 | 6768 | 6818 |
| 3075 | 9958783, 4.52%, 4/20/2027 | 10/23/2025 | 2917 | 2969 |
| 5632 | 9958837, 4.53%, 4/20/2027 | 10/23/2025 | 5351 | 5412 |
| 4792 | 9958941, 5.75%, 4/20/2027 | 10/23/2025 | 4519 | 4413 |
| 2782 | 9959105, 5.50%, 4/21/2027 | 10/24/2025 | 2601 | 2644 |
| 9740 | 9959169, 4.52%, 4/21/2027 | 10/24/2025 | 9254 | 9361 |
| 6890 | 9959304, 4.52%, 4/21/2027 | 10/24/2025 | 6517 | 6660 |
| 2378 | 9959447, 6.11%, 4/21/2027 | 10/24/2025 | 2215 | 2235 |
| 509 | 9959515, 5.29%, 4/21/2027 | 10/24/2025 | 472 | 488 |
| 10308 | 9959539, 4.52%, 4/21/2027 | 10/24/2025 | 9787 | 9930 |
| 965 | 9959695, 5.28%, 4/21/2027 | 10/24/2025 | 901 | 904 |
| 26 | 9959739, 5.31%, 4/21/2027 | 10/24/2025 | 24 | 25 |
| 12468 | 9959750, 6.27%, 4/21/2027 | 10/24/2025 | 11717 | 11513 |
| 9516 | 9960173, 4.52%, 4/21/2027 | 10/24/2025 | 9012 | 9195 |
| 4125 | 9960409, 6.27%, 4/21/2027 | 10/24/2025 | 3946 | 2883 |
| 8841 | 9960453, 4.52%, 4/21/2027 | 10/24/2025 | 8272 | 8564 |
| 5165 | 9960688, 5.26%, 4/21/2027 | 10/24/2025 | 4846 | 4928 |
| 5237 | 9960745, 4.52%, 4/21/2027 | 10/24/2025 | 4951 | 5062 |
| 12670 | 9960874, 4.95%, 4/21/2027 | 10/24/2025 | 11936 | 12110 |
| 9335 | 9961035, 4.52%, 4/21/2027 | 10/24/2025 | 8811 | 9038 |
| 21511 | 9961152, 4.52%, 4/21/2027 | 10/24/2025 | 20373 | 20782 |
| 11943 | 9961363, 4.52%, 4/21/2027 | 10/24/2025 | 11295 | 11543 |
| 30032 | 9961498, 5.26%, 4/21/2027 | 10/24/2025 | 28417 | 27833 |
| 6853 | 9961833, 6.27%, 4/21/2027 | 10/24/2025 | 6477 | 6218 |
| 1431 | 9961922, 6.40%, 4/21/2027 | 10/24/2025 | 1366 | 1043 |
| 11873 | 9961938, 4.95%, 4/21/2027 | 10/24/2025 | 11216 | 11316 |

---

*See Notes to Financial Statements.*

210 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1427 | 9962032, 6.29%, 4/21/2027 | 10/24/2025 | 1354 | 1262 |
| 1947 | 9962079, 6.41%, 4/21/2027 | 10/24/2025 | 1815 | 1814 |
| 1392 | 9962084, 5.28%, 4/21/2027 | 10/24/2025 | 1335 | 1258 |
| 455 | 9962104, 6.30%, 4/21/2027 | 10/24/2025 | 415 | 433 |
| 1434 | 9962115, 6.11%, 4/21/2027 | 10/24/2025 | 1314 | 1361 |
| 18270 | 9962150, 4.95%, 4/21/2027 | 10/24/2025 | 17018 | 17591 |
| 19274 | 9962375, 4.52%, 4/21/2027<sup>(e)</sup> | 10/24/2025 | 18430 | 17899 |
| 5559 | 9962615, 4.52%, 4/21/2027 | 10/24/2025 | 5235 | 5386 |
| 11890 | 9962696, 4.52%, 4/21/2027 | 10/24/2025 | 11296 | 11429 |
| 8696 | 9962783, 4.52%, 4/21/2027 | 10/24/2025 | 8141 | 8426 |
| 11802 | 9962854, 5.26%, 4/21/2027 | 10/24/2025 | 11153 | 11058 |
| 4625 | 9962908, 5.51%, 4/21/2027 | 10/24/2025 | 4108 | 4357 |
| 26104 | 9963026, 4.95%, 4/21/2027 | 10/24/2025 | 24619 | 24950 |
| 5209 | 9963146, 4.52%, 4/21/2027 | 10/24/2025 | 4924 | 5043 |
| 2625 | 9963181, 6.13%, 4/21/2027 | 10/24/2025 | 2483 | 2088 |
| 5643 | 9963189, 5.26%, 4/21/2027 | 10/24/2025 | 5333 | 5287 |
| 2133 | 9963230, 6.42%, 4/21/2027 | 10/24/2025 | 1987 | 1986 |
| 32097 | 9963246, 4.95%, 4/21/2027 | 10/24/2025 | 30503 | 28224 |
| 329 | 9963427, 6.42%, 4/21/2027 | 10/24/2025 | 303 | 309 |
| 11560 | 9963437, 4.52%, 4/21/2027 | 10/24/2025 | 10989 | 11112 |
| 11627 | 9963536, 6.42%, 4/21/2027 | 10/24/2025 | 10695 | 10946 |
| 7565 | 9963653, 4.52%, 4/21/2027 | 10/24/2025 | 7164 | 7310 |
| 31105 | 9963752, 4.95%, 4/21/2027 | 10/24/2025 | 29488 | 29080 |
| 2410 | 9964027, 5.75%, 4/21/2027 | 10/24/2025 | 2233 | 2286 |
| 5099 | 9964051, 4.53%, 4/21/2027 | 10/24/2025 | 4838 | 4920 |
| 8886 | 9964127, 4.52%, 4/21/2027 | 10/24/2025 | 8436 | 8559 |
| 16033 | 9964262, 4.52%, 4/22/2027 | 10/27/2025 | 15189 | 15472 |
| 5786 | 9964417, 4.52%, 4/22/2027 | 10/27/2025 | 5484 | 5584 |
| 16111 | 9964573, 4.52%, 4/22/2027 | 10/27/2025 | 15313 | 15444 |
| 9569 | 9964788, 4.52%, 4/22/2027 | 10/27/2025 | 9113 | 8894 |
| 250 | 9964981, 6.06%, 4/22/2027 | 10/27/2025 | 234 | 235 |
| 4333 | 9964993, 5.76%, 4/22/2027 | 10/27/2025 | 4055 | 4078 |
| 4348 | 9965103, 6.42%, 4/22/2027 | 10/27/2025 | 4004 | 4094 |
| 1123 | 9965260, 6.43%, 4/22/2027 | 10/27/2025 | 1058 | 1007 |
| 7787 | 9965306, 6.12%, 4/22/2027 | 10/27/2025 | 7299 | 7186 |
| 30942 | 9965513, 4.52%, 4/22/2027 | 10/27/2025 | 29135 | 29906 |
| 30532 | 9965871, 4.95%, 4/22/2027 | 10/27/2025 | 28953 | 28547 |
| 38269 | 9966139, 4.52%, 4/22/2027 | 10/27/2025 | 36139 | 36980 |
| 1008 | 9966572, 6.11%, 4/22/2027 | 10/27/2025 | 937 | 948 |
| 10434 | 9966588, 6.42%, 4/22/2027 | 10/27/2025 | 9756 | 9620 |
| 3500 | 9966660, 6.43%, 4/22/2027 | 10/27/2025 | 3199 | 3312 |
| 5989 | 9966685, 4.52%, 4/22/2027 | 10/27/2025 | 5639 | 5799 |
| 3044 | 9966725, 4.95%, 4/22/2027 | 10/27/2025 | 2862 | 2910 |
| 6178 | 9966762, 6.11%, 4/22/2027 | 10/27/2025 | 5821 | 5505 |
| 4287 | 9966787, 4.95%, 4/22/2027 | 10/27/2025 | 4077 | 2977 |
| 2933 | 9966831, 4.51%, 4/22/2027 | 10/27/2025 | 2760 | 2840 |
| 8105 | 9966866, 6.42%, 4/22/2027 | 10/27/2025 | 7605 | 7430 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 211

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 38891 | 9966933, 4.52%, 4/22/2027 | 10/27/2025 | 36766 | 37589 |
| 765 | 9967272, 5.26%, 4/22/2027 | 10/27/2025 | 719 | 722 |
| 3415 | 9967287, 6.42%, 4/22/2027 | 10/27/2025 | 3081 | 3239 |
| 2132 | 9967360, 4.95%, 4/22/2027 | 10/27/2025 | 2024 | 1876 |
| 3104 | 9967373, 4.95%, 4/22/2027 | 10/27/2025 | 2906 | 2986 |
| 5559 | 9967418, 4.52%, 4/22/2027 | 10/27/2025 | 5271 | 5364 |
| 2432 | 9967476, 5.27%, 4/22/2027 | 10/27/2025 | 2285 | 2313 |
| 3888 | 9967495, 5.29%, 4/22/2027<sup>(e)</sup> | 10/27/2025 | 3773 | 1585 |
| 19271 | 9967526, 4.52%, 4/22/2027 | 10/27/2025 | 18252 | 18624 |
| 81346 | 9967677, 4.95%, 4/22/2027 | 10/27/2025 | 76590 | 77762 |
| 19539 | 9968138, 4.52%, 4/22/2027 | 10/27/2025 | 18527 | 18857 |
| 18109 | 9968330, 4.52%, 4/22/2027 | 10/27/2025 | 17095 | 17530 |
| 3169 | 9968502, 4.51%, 4/22/2027 | 10/27/2025 | 3012 | 3038 |
| 5080 | 9968520, 4.95%, 4/22/2027 | 10/27/2025 | 4804 | 4823 |
| 35398 | 9968576, 4.95%, 4/22/2027 | 10/27/2025 | 33342 | 33840 |
| 6402 | 9971649, 6.45%, 4/23/2027 | 10/28/2025 | 5954 | 5954 |
| 38460 | 9971718, 5.28%, 4/23/2027 | 10/28/2025 | 36047 | 36662 |
| 922 | 9972387, 6.46%, 4/23/2027 | 10/28/2025 | 845 | 872 |
| 2822 | 9972410, 4.54%, 4/23/2027 | 10/28/2025 | 2676 | 2717 |
| 2835 | 9972516, 4.54%, 4/23/2027 | 10/28/2025 | 2688 | 2729 |
| 1046 | 9972572, 6.13%, 4/23/2027 | 10/28/2025 | 978 | 973 |
| 3365 | 9972613, 4.53%, 4/23/2027 | 10/28/2025 | 3184 | 3251 |
| 17199 | 9972671, 4.54%, 4/23/2027 | 10/28/2025 | 16272 | 16612 |
| 5492 | 9972984, 5.28%, 4/23/2027 | 10/28/2025 | 5172 | 5152 |
| 1599 | 9973065, 6.07%, 4/23/2027 | 10/28/2025 | 1512 | 1458 |
| 1174 | 9973083, 5.79%, 4/23/2027 | 10/28/2025 | 1090 | 1113 |
| 42744 | 9973091, 5.52%, 4/23/2027<sup>(e)</sup> | 10/28/2025 | 40586 | 36221 |
| 2356 | 9973644, 5.54%, 4/23/2027 | 10/28/2025 | 2218 | 2208 |
| 18409 | 9973661, 4.54%, 4/23/2027 | 10/28/2025 | 17410 | 17788 |
| 12278 | 9973807, 5.28%, 4/23/2027 | 10/28/2025 | 11617 | 10505 |
| 3570 | 9973957, 5.52%, 4/23/2027 | 10/28/2025 | 3381 | 2151 |
| 28227 | 9973983, 4.54%, 4/23/2027 | 10/28/2025 | 26677 | 27267 |
| 18911 | 9974304, 5.77%, 4/23/2027 | 10/28/2025 | 17610 | 17835 |
| 5089 | 9974534, 4.97%, 4/23/2027 | 10/28/2025 | 4808 | 4829 |
| 7081 | 9974593, 4.54%, 4/23/2027 | 10/28/2025 | 6690 | 6839 |
| 34324 | 9974659, 4.54%, 4/23/2027 | 10/28/2025 | 32445 | 33155 |
| 3076 | 9975052, 6.45%, 4/23/2027 | 10/28/2025 | 2905 | 1659 |
| 74959 | 9975059, 4.97%, 4/23/2027 | 10/28/2025 | 70526 | 71771 |
| 4353 | 9975668, 4.54%, 4/23/2027 | 10/28/2025 | 4109 | 4213 |
| 1631 | 9975715, 5.32%, 4/23/2027 | 10/28/2025 | 1562 | 1472 |
| 817 | 9975740, 6.43%, 4/23/2027 | 10/28/2025 | 742 | 774 |
| 7895 | 9975755, 5.28%, 4/23/2027 | 10/28/2025 | 7497 | 6760 |
| 52320 | 9975832, 4.54%, 4/23/2027 | 10/28/2025 | 49636 | 50384 |
| 24309 | 9976259, 6.14%, 4/23/2027 | 10/28/2025 | 22848 | 22252 |
| 22154 | 9976413, 6.45%, 4/23/2027<sup>(e)</sup> | 10/28/2025 | 21052 | 11953 |
| 10395 | 9976571, 4.54%, 4/23/2027 | 10/28/2025 | 9836 | 10037 |

---

*See Notes to Financial Statements.*

212 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1875 | 9976698, 6.45%, 4/23/2027 | 10/28/2025 | 1746 | 1743 |
| 12238 | 9976715, 4.54%, 4/23/2027 | 10/28/2025 | 11606 | 11785 |
| 3335 | 9976806, 6.45%, 4/23/2027 | 10/28/2025 | 3113 | 3080 |
| 7852 | 9976887, 5.28%, 4/24/2027 | 10/29/2025 | 7250 | 7541 |
| 1814 | 9977084, 4.55%, 4/24/2027 | 10/29/2025 | 1715 | 1752 |
| 3604 | 9977094, 4.53%, 4/24/2027 | 10/29/2025 | 3421 | 3462 |
| 17486 | 9977134, 4.97%, 4/24/2027 | 10/29/2025 | 16382 | 16811 |
| 2861 | 9977415, 4.53%, 4/24/2027 | 10/29/2025 | 2703 | 2760 |
| 1419 | 9977498, 6.45%, 4/24/2027 | 10/29/2025 | 1293 | 1346 |
| 3994 | 9977579, 6.45%, 4/24/2027 | 10/29/2025 | 3633 | 3784 |
| 11008 | 9977667, 4.97%, 4/24/2027 | 10/29/2025 | 10392 | 10487 |
| 1672 | 9977868, 5.31%, 4/24/2027 | 10/29/2025 | 1571 | 1580 |
| 6505 | 9977964, 4.54%, 4/24/2027 | 10/29/2025 | 6164 | 6274 |
| 1303 | 9978094, 6.14%, 4/24/2027 | 10/29/2025 | 1224 | 1193 |
| 2617 | 9978096, 5.77%, 4/24/2027 | 10/29/2025 | 2448 | 2461 |
| 7382 | 9978128, 6.45%, 4/24/2027 | 10/29/2025 | 6797 | 6941 |
| 3663 | 9978260, 6.15%, 4/24/2027 | 10/29/2025 | 3398 | 3438 |
| 14178 | 9978269, 6.29%, 4/24/2027 | 10/29/2025 | 13423 | 12532 |
| 2497 | 9978355, 5.78%, 4/24/2027 | 10/29/2025 | 2334 | 2347 |
| 2406 | 9978367, 4.97%, 4/24/2027 | 10/29/2025 | 2256 | 2315 |
| 5461 | 9978394, 4.54%, 4/24/2027 | 10/29/2025 | 5157 | 5276 |
| 7659 | 9978408, 6.14%, 4/24/2027 | 10/29/2025 | 7127 | 7189 |
| 882 | 9978480, 6.43%, 4/24/2027 | 10/29/2025 | 820 | 823 |
| 4636 | 9978495, 4.54%, 4/24/2027 | 10/29/2025 | 4374 | 4479 |
| 18759 | 9978561, 4.97%, 4/24/2027 | 10/29/2025 | 17765 | 17547 |
| 992 | 9978766, 5.34%, 4/24/2027 | 10/29/2025 | 955 | 637 |
| 59029 | 9978776, 4.54%, 4/24/2027 | 10/29/2025 | 55412 | 57131 |
| 3530 | 9979392, 4.54%, 4/24/2027 | 10/29/2025 | 3345 | 3397 |
| 8586 | 9979414, 4.54%, 4/24/2027 | 10/29/2025 | 8132 | 8282 |
| 3017 | 9979484, 6.30%, 4/24/2027 | 10/29/2025 | 2858 | 2565 |
| 36672 | 9979513, 4.97%, 4/24/2027 | 10/29/2025 | 34493 | 35102 |
| 64138 | 9979735, 4.54%, 4/24/2027 | 10/29/2025 | 60371 | 62103 |
| 2827 | 9980668, 6.45%, 4/24/2027 | 10/29/2025 | 2576 | 2675 |
| 5186 | 9980705, 6.44%, 4/24/2027 | 10/29/2025 | 4850 | 4788 |
| 663 | 9980769, 6.44%, 4/24/2027 | 10/29/2025 | 602 | 628 |
| 10575 | 9980809, 4.97%, 4/24/2027 | 10/29/2025 | 9951 | 10124 |
| 7232 | 9980901, 4.97%, 4/24/2027 | 10/29/2025 | 6816 | 6911 |
| 9100 | 9980954, 6.45%, 4/24/2027 | 10/29/2025 | 8381 | 8527 |
| 20201 | 9981008, 4.97%, 4/24/2027 | 10/29/2025 | 19091 | 19036 |
| 1624 | 9981177, 6.28%, 4/24/2027 | 10/29/2025 | 1540 | 1382 |
| 12125 | 9981198, 4.54%, 4/24/2027 | 10/29/2025 | 11483 | 11695 |
| 883 | 9981374, 5.29%, 4/24/2027 | 10/29/2025 | 831 | 834 |
| 11786 | 9981394, 4.54%, 4/24/2027 | 10/29/2025 | 11146 | 11386 |
| 4847 | 9981528, 5.52%, 4/24/2027 | 10/29/2025 | 4524 | 4600 |
| 15274 | 9981619, 5.77%, 4/24/2027 | 10/29/2025 | 14386 | 13792 |
| 934 | 9981648, 6.42%, 4/25/2027 | 10/30/2025 | 862 | 878 |
| 2025 | 9981655, 4.54%, 4/25/2027 | 10/30/2025 | 1913 | 1956 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 213

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 4869 | 9981666, 6.45%, 4/25/2027 | 10/30/2025 | 4522 | 4525 |
| 214 | 9981699, 5.32%, 4/25/2027 | 10/30/2025 | 194 | 204 |
| 427 | 9981706, 6.26%, 4/25/2027 | 10/30/2025 | 389 | 403 |
| 29661 | 9981714, 6.45%, 4/25/2027 | 10/30/2025 | 28029 | 22715 |
| 2652 | 9981860, 5.53%, 4/25/2027 | 10/30/2025 | 2472 | 2514 |
| 587 | 9981875, 6.07%, 4/25/2027 | 10/30/2025 | 538 | 560 |
| 6343 | 9981896, 6.14%, 4/25/2027 | 10/30/2025 | 5930 | 5900 |
| 1316 | 9981940, 5.78%, 4/25/2027 | 10/30/2025 | 1211 | 1253 |
| 19406 | 9981954, 4.54%, 4/25/2027 | 10/30/2025 | 18325 | 18747 |
| 3182 | 9982075, 4.97%, 4/25/2027 | 10/30/2025 | 2992 | 3037 |
| 6489 | 9982095, 4.53%, 4/25/2027 | 10/30/2025 | 6154 | 6232 |
| 11958 | 9982124, 5.52%, 4/25/2027 | 10/30/2025 | 11235 | 11201 |
| 5013 | 9982198, 4.53%, 4/25/2027 | 10/30/2025 | 4728 | 4849 |
| 2349 | 9982225, 6.45%, 4/25/2027 | 10/30/2025 | 2187 | 2171 |
| 4421 | 9982245, 4.96%, 4/25/2027 | 10/30/2025 | 4162 | 4223 |
| 2901 | 9982269, 5.77%, 4/25/2027 | 10/30/2025 | 2707 | 2728 |
| 1117 | 9982291, 6.30%, 4/25/2027 | 10/30/2025 | 1043 | 1039 |
| 5003 | 9982305, 5.53%, 4/25/2027 | 10/30/2025 | 4721 | 4619 |
| 5778 | 9982343, 4.54%, 4/25/2027 | 10/30/2025 | 5454 | 5581 |
| 7365 | 9982394, 4.97%, 4/25/2027 | 10/30/2025 | 6947 | 7016 |
| 2518 | 9982447, 4.98%, 4/25/2027 | 10/30/2025 | 2348 | 2423 |
| 4965 | 9982475, 6.44%, 4/26/2027 | 10/30/2025 | 4673 | 4311 |
| 4124 | 9982511, 5.52%, 4/26/2027 | 10/30/2025 | 3858 | 3903 |
| 406 | 9982543, 5.33%, 4/26/2027 | 10/30/2025 | 376 | 388 |
| 5726 | 9982552, 5.76%, 4/26/2027 | 10/30/2025 | 5321 | 5428 |
| 3150 | 9982609, 6.44%, 4/26/2027 | 10/30/2025 | 2958 | 2492 |
| 654 | 9982631, 6.12%, 4/26/2027 | 10/30/2025 | 595 | 621 |
| 2775 | 9982637, 5.26%, 4/26/2027 | 10/30/2025 | 2615 | 2605 |
| 2698 | 9982655, 4.53%, 4/26/2027 | 10/30/2025 | 2562 | 2585 |
| 12741 | 9982677, 6.13%, 4/26/2027 | 10/30/2025 | 11986 | 11350 |
| 12612 | 9982763, 4.53%, 4/26/2027 | 10/30/2025 | 11942 | 12161 |
| 4231 | 9982859, 5.52%, 4/26/2027 | 10/30/2025 | 3955 | 4011 |
| 4842 | 9982892, 4.53%, 4/26/2027 | 10/30/2025 | 4589 | 4647 |
| 12538 | 9982924, 4.53%, 4/26/2027 | 10/30/2025 | 11852 | 12105 |
| 2135 | 9983010, 4.53%, 4/26/2027 | 10/30/2025 | 2017 | 2066 |
| 5067 | 9983021, 5.51%, 4/26/2027 | 10/30/2025 | 4756 | 4771 |
| 1134 | 9983073, 4.54%, 4/26/2027 | 10/30/2025 | 1074 | 1096 |
| 2079 | 9983089, 4.54%, 4/26/2027 | 10/30/2025 | 1966 | 2004 |
| 22968 | 9983104, 4.53%, 4/26/2027 | 10/30/2025 | 21733 | 22181 |
| 5936 | 9983254, 6.28%, 4/26/2027 | 10/30/2025 | 5400 | 5604 |
| 1147 | 9983331, 6.45%, 4/26/2027 | 10/30/2025 | 1066 | 1071 |
| 2858 | 9983345, 5.52%, 4/26/2027 | 10/30/2025 | 2702 | 2431 |
| 2444 | 9983370, 6.12%, 4/26/2027 | 10/30/2025 | 2281 | 2289 |
| 13612 | 9984307, 4.52%, 4/27/2027 | 10/30/2025 | 12966 | 12662 |
| 10280 | 9984589, 4.95%, 4/27/2027 | 10/30/2025 | 9677 | 9822 |
| 3522 | 9984861, 4.52%, 4/27/2027 | 10/30/2025 | 3336 | 3397 |

---

*See Notes to Financial Statements.*

214 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 10343 | 9984951, 4.52%, 4/27/2027 | 10/30/2025 | 9747 | 10006 |
| 15833 | 9985232, 4.52%, 4/27/2027 | 10/30/2025 | 14975 | 15294 |
| 4635 | 9985619, 4.52%, 4/27/2027 | 10/30/2025 | 4366 | 4483 |
| 7244 | 9985730, 5.75%, 4/27/2027 | 10/30/2025 | 6807 | 6740 |
| 7290 | 9985794, 5.26%, 4/27/2027<sup>(e)</sup> | 10/30/2025 | 6930 | 6275 |
| 22354 | 9985877, 4.52%, 4/27/2027 | 10/30/2025 | 21247 | 21428 |
| 5312 | 9986160, 5.26%, 4/27/2027 | 10/30/2025 | 5012 | 4973 |
| 2249 | 9986243, 4.53%, 4/27/2027 | 10/30/2025 | 2107 | 2177 |
| 11458 | 9986292, 4.52%, 4/27/2027 | 10/30/2025 | 10831 | 11067 |
| 3049 | 9986456, 6.42%, 4/27/2027 | 10/30/2025 | 2793 | 2881 |
| 11978 | 9986518, 6.12%, 4/27/2027 | 10/30/2025 | 11333 | 9615 |
| 6440 | 9986691, 4.52%, 4/27/2027 | 10/30/2025 | 6093 | 6218 |
| 11556 | 9988028, 4.52%, 4/27/2027 | 10/30/2025 | 10940 | 11141 |
| 60880 | 9988124, 4.52%, 4/27/2027 | 10/30/2025 | 57848 | 58358 |
| 6141 | 9988845, 4.52%, 4/27/2027 | 10/30/2025 | 5793 | 5940 |
| 2148 | 9988948, 6.11%, 4/27/2027 | 10/30/2025 | 2025 | 1724 |
| 3790 | 9988961, 6.12%, 4/27/2027 | 10/30/2025 | 3554 | 3497 |
| 6863 | 9989006, 4.52%, 4/27/2027 | 10/30/2025 | 6505 | 6619 |
| 13138 | 9989062, 4.52%, 4/27/2027 | 10/30/2025 | 12399 | 12712 |
| 412 | 9989269, 5.29%, 4/27/2027 | 10/30/2025 | 382 | 392 |
| 20584 | 9989295, 4.52%, 4/27/2027 | 10/30/2025 | 19520 | 19819 |
| 60932 | 9989583, 4.52%, 4/28/2027 | 10/31/2025 | 57613 | 58829 |
| 44134 | 9991081, 4.52%, 4/28/2027 | 10/31/2025 | 41633 | 42704 |
| 5138 | 9991668, 4.52%, 4/28/2027 | 10/31/2025 | 4866 | 4947 |
| 2812 | 9991708, 4.52%, 4/28/2027 | 10/31/2025 | 2663 | 2711 |
| 1649 | 9991718, 6.13%, 4/28/2027 | 10/31/2025 | 1549 | 1509 |
| 8644 | 9991744, 4.52%, 4/28/2027 | 10/31/2025 | 8188 | 8336 |
| 4311 | 9991829, 4.53%, 4/28/2027 | 10/31/2025 | 4086 | 4151 |
| 7470 | 9991875, 6.42%, 4/28/2027 | 10/31/2025 | 6914 | 7010 |
| 9008 | 9991938, 6.12%, 4/28/2027 | 10/31/2025 | 8229 | 8524 |
| 3302 | 9992019, 4.95%, 4/28/2027 | 10/31/2025 | 3098 | 3175 |
| 3351 | 9992041, 4.53%, 4/28/2027 | 10/31/2025 | 3161 | 3240 |
| 3279 | 9992069, 5.50%, 4/28/2027 | 10/31/2025 | 3070 | 3108 |
| 22142 | 9992107, 6.42%, 4/28/2027 | 10/31/2025 | 20651 | 20456 |
| 2399 | 9992738, 4.53%, 4/28/2027 | 10/31/2025 | 2279 | 2233 |
| 4487 | 9992778, 4.51%, 4/28/2027 | 10/31/2025 | 4224 | 4343 |
| 35246 | 9993277, 4.52%, 4/28/2027<sup>(e)</sup> | 10/31/2025 | 33680 | 32808 |
| 12789 | 9993605, 4.52%, 4/28/2027 | 10/31/2025 | 12084 | 12348 |
| 19393 | 9993703, 4.52%, 4/28/2027 | 10/31/2025 | 18407 | 18628 |
| 552 | 9993891, 5.25%, 4/28/2027 | 10/31/2025 | 528 | 498 |
| 679 | 9993897, 6.11%, 4/28/2027 | 10/31/2025 | 621 | 646 |
| 71544 | 9993899, 4.95%, 4/28/2027 | 10/31/2025 | 67053 | 68788 |
| 2474 | 9994523, 4.95%, 4/28/2027 | 10/31/2025 | 2329 | 2362 |
| 2381 | 9994535, 6.42%, 4/28/2027 | 10/31/2025 | 2204 | 2226 |
| 4534 | 9994576, 6.42%, 4/28/2027 | 10/31/2025 | 4189 | 4258 |
|  | 9994644, 4.95%, 4/28/2027 | 10/31/2025 | (716) |  |
| 21328 | 9994710, 4.95%, 4/28/2027 | 10/31/2025 | 20076 | 20358 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 215

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 28432 | 9994778, 4.52%, 4/28/2027 | 10/31/2025 | 26938 | 27419 |
| 6652 | 9994940, 5.26%, 4/28/2027 | 10/31/2025 | 6182 | 6372 |
| 1262 | 9995029, 5.27%, 4/28/2027 | 10/31/2025 | 1174 | 1206 |
| 31968 | 9995042, 4.95%, 4/28/2027 | 10/31/2025 | 30328 | 28309 |
| 4716 | 9995376, 4.53%, 4/28/2027 | 10/31/2025 | 4461 | 4554 |
| 1893 | 9995386, 5.30%, 4/28/2027 | 10/31/2025 | 1768 | 1798 |
| 1909 | 9995415, 5.50%, 4/28/2027 | 10/31/2025 | 1793 | 1797 |
| 997 | 9995425, 4.52%, 4/28/2027 | 10/31/2025 | 947 | 927 |
| 5269 | 9995429, 4.53%, 4/28/2027 | 10/31/2025 | 4993 | 5073 |
| 1112 | 9995491, 6.12%, 4/28/2027 | 10/31/2025 | 1039 | 1033 |
| 1611 | 9995492, 4.51%, 4/28/2027 | 10/31/2025 | 1519 | 1559 |
| 10824 | 9995497, 4.95%, 4/28/2027 | 10/31/2025 | 10271 | 9584 |
| 2776 | 9995617, 6.27%, 4/28/2027<sup>(e)</sup> | 10/31/2025 | 2650 | 1982 |
| 3199 | 9995650, 5.74%, 4/29/2027 | 11/3/2025 | 2992 | 3008 |
| 30551 | 9995761, 4.52%, 4/29/2027 | 11/3/2025 | 28934 | 29460 |
| 9461 | 9995957, 5.26%, 4/29/2027 | 11/3/2025 | 8889 | 8920 |
| 25340 | 9996135, 6.12%, 4/29/2027 | 11/3/2025 | 23698 | 23383 |
| 8686 | 9996560, 4.52%, 4/29/2027 | 11/3/2025 | 8208 | 8385 |
| 7729 | 9996812, 4.52%, 4/29/2027 | 11/3/2025 | 7328 | 7423 |
| 2516 | 9996990, 6.42%, 4/29/2027 | 11/3/2025 | 2302 | 2353 |
| 2826 | 9997059, 4.51%, 4/29/2027 | 11/3/2025 | 2674 | 2729 |
| 3805 | 9997092, 6.12%, 4/29/2027 | 11/3/2025 | 3520 | 3588 |
| 6071 | 9997179, 5.50%, 4/29/2027 | 11/3/2025 | 5674 | 5750 |
| 1518 | 9997286, 6.11%, 4/29/2027 | 11/3/2025 | 1423 | 1401 |
| 1352 | 9997307, 5.27%, 4/29/2027 | 11/3/2025 | 1274 | 1265 |
| 1527 | 9997313, 5.74%, 4/29/2027 | 11/3/2025 | 1433 | 1405 |
| 1400 | 9997329, 6.42%, 4/29/2027 | 11/3/2025 | 1320 | 1217 |
| 5790 | 9997339, 4.52%, 4/29/2027 | 11/3/2025 | 5460 | 5588 |
| 2978 | 9997432, 6.05%, 4/29/2027 | 11/3/2025 | 2728 | 2821 |
| 97503 | 9997501, 4.52%, 4/29/2027<sup>(e)</sup> | 11/3/2025 | 92962 | 90794 |
| 1608 | 9998323, 6.26%, 4/29/2027 | 11/3/2025 | 1525 | 1375 |
| 4658 | 9998341, 6.27%, 4/29/2027 | 11/3/2025 | 4264 | 4401 |
| 875 | 9998392, 6.42%, 4/29/2027 | 11/3/2025 | 816 | 814 |
| 12572 | 9998397, 4.95%, 4/29/2027 | 11/3/2025 | 11736 | 12081 |
| 7867 | 9998582, 4.95%, 4/29/2027 | 11/3/2025 | 7479 | 6974 |
| 2129 | 9998622, 6.06%, 4/29/2027 | 11/3/2025 | 2014 | 1938 |
| 3063 | 9998647, 5.75%, 4/29/2027 | 11/3/2025 | 2856 | 2885 |
| 27210 | 9998670, 4.52%, 4/29/2027 | 11/3/2025 | 25749 | 26234 |
| 2513 | 9998840, 5.29%, 4/29/2027 | 11/3/2025 | 2388 | 2327 |
| 3159 | 9998863, 6.12%, 4/29/2027 | 11/3/2025 | 2843 | 2986 |
| 3731 | 9998917, 4.52%, 4/29/2027 | 11/3/2025 | 3488 | 3611 |
| 17359 | 9999057, 6.12%, 4/29/2027 | 11/3/2025 | 16209 | 16136 |
| 1163 | 9999157, 6.29%, 4/29/2027 | 11/3/2025 | 1075 | 1081 |
| 7764 | 9999166, 6.43%, 4/29/2027 | 11/3/2025 | 7231 | 7002 |
| 5736 | 9999192, 5.26%, 4/29/2027 | 11/3/2025 | 5402 | 5370 |
| 5849 | 9999229, 6.42%, 4/29/2027 | 11/3/2025 | 5302 | 5522 |

---

*See Notes to Financial Statements.*

216 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | **SMALL BUSINESS LOANS (continued)** | |
| 1378 | 9999323, 4.54%, 4/29/2027 | 11/3/2025 | 1303 | 1331 |
| 5845 | 9999341, 4.52%, 4/29/2027 | 11/3/2025 | 5526 | 5645 |
| 12634 | 9999366, 4.52%, 4/29/2027 | 11/3/2025 | 11946 | 12199 |
| 12145 | 9999465, 5.26%, 4/29/2027 | 11/3/2025 | 11512 | 10461 |
| 40 | 9999524, 6.41%, 4/29/2027 | 11/3/2025 | 20 | 38 |
| 18077 | 9999527, 6.12%, 4/29/2027<sup>(e)</sup> | 11/3/2025 | 17099 | 14576 |
| 1231 | 9999650, 6.25%, 4/29/2027 | 11/3/2025 | 1172 | 700 |
| 1723 | 9999683, 4.52%, 4/29/2027 | 11/3/2025 | 1628 | 1664 |
| 4629 | 9999688, 4.52%, 4/29/2027 | 11/3/2025 | 4377 | 4468 |
| 17519 | 9999737, 4.52%, 4/29/2027 | 11/3/2025 | 16588 | 16892 |
| 20223 | 9999930, 5.50%, 4/29/2027 | 11/3/2025 | 18572 | 19305 |
| **TOTAL SMALL BUSINESS LOANS** | **TOTAL SMALL BUSINESS LOANS** |  |  |  |
| **(Cost $68,824,921)** | **(Cost $68,824,921)** |  |  | **55936830** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **WARRANTS (0.17%)** | **WARRANTS (0.17%)** | |
| **United States (0.17%)** | **United States (0.17%)** |  |
| 10223 | Aimei Health Technology Co., Ltd., Strike Price $0.01, Expires 12/31/2049 | 3825 |
| 64011 | AtlasClear Holdings, Inc., Strike Price $690.00, Expires 10/25/2028 | 1434 |
| 6873 | Bayview Acquisition Corp., Strike Price $0.01, Expires 12/31/2049 | 1168 |
| 2789 | Black Hawk Acquisition Corp., Strike Price $0.01, Expires 12/31/2049 | 3542 |
| 6500 | Bowen Acquisition Corp., Strike Price $0.01, Expires 12/31/2049 | 1464 |
| 13877 | CN Healthy Food Tech Group Corp., Strike Price $11.50, Expires 02/16/2029 | 1249 |
| 20000 | Concord Acquisition Corp. II, Strike Price $11.50, Expires 12/31/2028 | 814 |
| 7168 | Corner Growth Acquisition Corp. 2, Strike Price $11.50, Expires 06/17/2026 | 252 |
| 17481 | ESH Acquisition Corp., Strike Price $10.00, Expires 12/31/2049 | 4370 |
| 22188 | Goal Acquisitions Corp., Strike Price $11.50, Expires 02/11/2026 | 2 |
| 14678 | GP-Act III Acquisition Corp., Strike Price $11.50, Expires 12/31/2027 | 3957 |
| 7625 | Haymaker Acquisition Corp. 4, Strike Price $11.50, Expires 09/12/2028 | 11819 |
| 14013 | Horizon Space Acquisition I Corp., Strike Price $11.50, Expires 01/26/2028 | 280 |
| 7036 | IB Acquisition Corp., Strike Price $0.01, Expires 12/31/2049 | 552 |

---

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 217

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | |
|:---|:---|:---|
| **WARRANTS (continued)** | **WARRANTS (continued)** | |
| 10471 | Jaws Mustang Acquisition Corp., Strike Price $11.50, Expires 01/30/2026 | 576 |
| 33217 | Kodiak AI, Inc., Strike Price $11.50, Expires 09/25/2030 | 50822 |
| 7108 | Legato Merger Corp. III, Strike Price $11.50, Expires 03/28/2029 | 2915 |
| 3606 | Maquia Capital Acquisition Corp., Strike Price $11.50, Expires 12/31/2027 |  |
| 8975 | Northern Revival Acquisition Corp., Strike Price $11.50, Expires 12/31/2027 | 195 |
| 22253 | OceanTech Acquisitions I Corp., Strike Price $11.50, Expires 05/10/2026 |  |
| 28667 | OSR Holdings, Inc., Strike Price $11.50, Expires 02/14/2030 | 1462 |
| 18607 | PYXIS ONCOLOGY INC WTS, Strike Price $0.01, Expires 07/29/2027 | 486 |
| 774 | Quetta Acquisition Corp., Strike Price $0.01, Expires 12/31/2049 | 395 |
| 9545 | SHF Holdings, Inc., Strike Price $11.50, Expires 09/28/2027 | 362 |
| 31280 | Trailblazer Merger Corp. I, Strike Price $0.01, Expires 12/31/2049 | 7589 |
|  |  | 99530 |
| **Ireland (0.00%)** | **Ireland (0.00%)** |  |
| 10162 | Kalera PLC, Strike Price $1150.00, Expires 06/28/2027 | – |
| **China (0.00%)** | **China (0.00%)** |  |
| 35317 | MicroAlgo, Inc., Strike Price $11.50, Expires 12/31/2027 | 318 |
| 16593 | SunCar Technology Group, Inc., Strike Price $11.50, Expires 05/18/2028 | 597 |
| 13896 | Youlife Group, Inc., Strike Price $11.50, Expires 07/10/2030 | 1668 |
|  |  | 2583 |
| **Hong Kong (0.00%)** | **Hong Kong (0.00%)** |  |
| 10302 | MultiMetaVerse Holdings, Ltd., Strike Price $11.50, Expires 03/15/2027 | 16 |
| **Indonesia (0.00%)** | **Indonesia (0.00%)** |  |
| 6650 | Polibeli Group, Ltd., Strike Price $11.50, Expires 06/23/2030 | 620 |

---

*See Notes to Financial Statements.*

218 (888) 848-7569 \| www.rivernorth.com

RiverNorth Capital and Income Fund, Inc.

Schedule of Investments *December 31, 2025 (Unaudited)*

---

| | | |
|:---|:---|:---|
| **WARRANTS (continued)** | **WARRANTS (continued)** | |
| **Singapore (0.00%)** | **Singapore (0.00%)** |  |
| 6487 | RF Acquisition Corp. II, Strike Price $0.01, Expires 01/01/2049 | 778 |
| **TOTAL WARRANTS** | **TOTAL WARRANTS** |  |
| **(Cost $170,404)** | **(Cost $170,404)** | **103527** |
| **SHORT-TERM INVESTMENTS (7.33%)** | **SHORT-TERM INVESTMENTS (7.33%)** |  |
| **Money Market Fund (7.33%)** | **Money Market Fund (7.33%)** |  |
| 4531942 | State Street Institutional Treasury Money Market Fund Premier Class (7 Day Yield 3.71%) | 4531942 |
| **TOTAL SHORT-TERM INVESTMENTS** | **TOTAL SHORT-TERM INVESTMENTS** |  |
| **(Cost $4,531,942)** | **(Cost $4,531,942)** | **4531942** |
| **TOTAL INVESTMENTS (99.94%)** | **TOTAL INVESTMENTS (99.94%)** |  |
| **(Cost $74,672,247)** | **(Cost $74,672,247)** | $**61792422** |
| **Other Assets In Excess Of Liabilities (0.06%)** | **Other Assets In Excess Of Liabilities (0.06%)** | 34471 |
| **NET ASSETS (100.00%)** | **NET ASSETS (100.00%)** | $**61826893** |

---

*<sup>(a)</sup>* *Non-income producing security.*

*<sup>(b)</sup>* *Fair Valued by the Advisor using a discounted cash flow (DCF) methodology.*

*<sup>(c)</sup>* *Loans are issued at discounts and do not have a stated interest rate. Rate indicated based on projected future cash flows and an implied 18-month final maturity. Actual yield and maturity is dependent on timing of future payments.*

*<sup>(d)</sup>* *Security may be deemed restricted to resale to institutional investors. As of December 31, 2025, the aggregate fair value of these securities was $55,936,830, representing 90.47% of net assets.*

*<sup>(e)</sup>* *Contains past-due loans. A loan is deemed past-due at December 31, 2025, if the loan borrower has not made its required payment as of the most recent due date. As of December 31, 2025, 1,445,522 of whole loans were past due, which represents 2.34% of net assets.*

*See Notes to Financial Statements.*

Semi-Annual Report \| December 31, 2025 219