RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)
| Market Value | 93.51M |
| Revenue (ttm) | n/a |
| Net Income | n/a |
| EPS | n/a |
| Shares Out | 6.37M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.13 (7.76%) |
| Ex-Dividend Date | Feb 13, 2026 |
| Volume | 13,500 |
| Open | 14.58 |
| Previous Close | 14.54 |
| Day's Range | 14.57 - 14.73 |
| 52-Week Range | 13.63 - 15.84 |
| Beta | 0.70 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About RMI
RiverNorth Opportunistic Municipal Income Fund, Inc. operates as Closed-End Investment Fund/Investment Trust. It specializes in opportunistic investment strategies in niche markets. The firm operates as investment manager to registered funds, private funds and separately managed accounts. The company is headquartered in West Palm Beach, FL. [Read more]
News
RMI: Impressive Yield But Largely Funded By Return Of Capital
RiverNorth Opportunistic Municipal Income Fund offers a 7%+ yield, but over 60% is return of capital, not true income. RMI's strategy of investing in both municipal bonds and discounted closed-end fun...
RMM: Muni Exposure And Monthly Income
RMM is another RiverNorth fund that is similar to RMI that we just covered.
RMI: Muni Fund With A Unique Approach
RMI invests some of their portfolio in the muni space through investing in other muni CEFs - a 'fund of funds' approach. Other individual municipal bonds also make up a majority of the fund's holdings...
2 New Closed-End Funds In The Pipeline
Today, I wanted to go over two funds that should tentatively be launching in the future. The fund sponsors have filed with the SEC forms N-2 - this is a file to register new offerings, secondary offer...
Corrected Year-End Capital Gains Distribution Information for RiverNorth Flexible Municipal Income Fund, Inc. and RiverNorth Opportunistic Municipal Income Fund, Inc.
CHICAGO--(BUSINESS WIRE)--RiverNorth Flexible Municipal Income Fund, Inc. (NYSE: RFM) and RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE: RMI) are announcing corrections to the information...
Municipal Funds-Of-Funds Are Not A Slam Dunk
With hundreds of open-end and closed-end funds in the tax-exempt sector figuring out the best allocation is a daunting task. Funds-of-funds, or funds that hold other municipal funds, are attractive in...
Why A Fund Of Muni CEFs Can Make Sense For Your Portfolio
Why A Fund Of Muni CEFs Can Make Sense For Your Portfolio
RMI: Another Muni CEF With Active Management That Is Trading At A Discount
RMI: Another Muni CEF With Active Management That Is Trading At A Discount