RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)
14.58
-0.09
(-0.61%)
USD |
NYSE |
May 30, 16:00
14.65
+0.07
(+0.48%)
After-Hours: 20:00
Price Chart
Sep '18
Jan '19
May '19
285.00
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255.00
240.00
Key Stats
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| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 5.10% | -6.54% | 99.44M | 25397.80 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 66.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from regular US federal income taxes and it also seeks total return. The Fund invests, under normal market conditions, at least 80% of its Managed Assets in municipal bonds, the interest on which is, generally excludable from gross income for regular US federal income tax purposes. |
| General | |
| Security Type | Closed-End Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | RiverNorth |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of June 01, 2025.
Asset Allocation
As of December 31, 2024.
| Type | % Net |
|---|---|
| Cash | -2.93% |
| Stock | 0.15% |
| Bond | 109.1% |
| Convertible | 0.00% |
| Preferred | -6.30% |
| Other | -0.02% |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from regular US federal income taxes and it also seeks total return. The Fund invests, under normal market conditions, at least 80% of its Managed Assets in municipal bonds, the interest on which is, generally excludable from gross income for regular US federal income tax purposes. |
| General | |
| Security Type | Closed-End Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | RiverNorth |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |