UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

Diamond Hill Financial Trends Fund, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

25264C101

(CUSIP Number)
December 31, 2012
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
x Rule 13d-1(b)
o Rule 13d-1(c)
o Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Page 1 of 5

CUSIP No. 25264C101

1.	Names of Reporting Persons RIVERNORTH CAPITAL MANAGEMENT, LLC
2.	Check the Appropriate Box if a Member of a Group

(a)	o
(b)	o

SEC Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:	5. Sole Voting Power	65,816
	6. Shared Voting Power	0
	7. Sole Dispositive Power	65,816
	8. Shared Dispositive Power	0

Aggregate Amount Beneficially Owned by Each Reporting Person

65,816

10.

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares

11.

Percent of Class Represented by Amount in Row (9)

1.7%

12.	Type of Reporting Person IA

Page 2 of 5

CUSIP No. 25264C101

Item 1(a).	Name of Issuer:
	Diamond Hill Financial Trends Fund, Inc.
Item 1(b).	Address of Issuer’s Principal Executive Offices:
	325 John H. McConnell Boulevard Suite 200 Columbus, OH 43215

Item 2(a).	Name of Person Filing:
	RiverNorth Capital Management, LLC
Item 2(b).	Address of Principal Business Office or, if none, Residence:
	325 N. LaSalle Street Suite 645 Chicago, IL 60654-7030

Item 2(c).	Citizenship:
	Delaware Limited Liability Company
Item 2(d).	Title of Class of Securities:
	Common Stock

Item 2(e).

CUSIP Number:

25264C101

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)	o	Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
(b)	o	Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	o	Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	o	Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)	x	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)	o	An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)	o	A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

Page 3 of 5

CUSIP No. 25264C101

(j)	o	A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
(k)	o	Group, in accordance with §240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: _______________________________________

Item 4.

Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

	(a)	Amount beneficially owned:
		65,816
	(b)	Percent of class:
		1.7%
	(c)	Number of shares as to which the person has:
		(i) Sole power to vote or direct the vote: 65,816
		(ii) Shared power to vote or direct the vote: 0
		(iii) Sole power to dispose or to direct the disposition of: 65,816
		(iv) Shared power to dispose or to direct the disposition of: 0

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following x.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not applicable.

Item 8.

Identification and Classification of Members of the Group.

Not applicable.

Item 9.

Notice of Dissolution of Group.

Not applicable.

Item 10.

Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Page 4 of 5

CUSIP No. 25264C101

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

	February 14, 2013
	Date
	/s/Marcus Collins
	Signature
	Marcus Collins, Chief Compliance Officer
	Name and Title

Page 5 of 5

DIAMOND HILL FINANCIAL TRENDS FUND, INC SC 13G/A