Equities

RiverNorth Opportunistic Municipal Income Fund, Inc.

RMI:NYQ

RiverNorth Opportunistic Municipal Income Fund, Inc.

Actions
FinancialsClosed End Investments
  • Price (USD)15.86
  • Today's Change-0.16 / -1.00%
  • Shares traded21.28k
  • 1 Year change+9.08%
  • Beta0.5684
Data delayed at least 15 minutes, as of Nov 13 2024.
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About the company

Rivernorth Opportunistic Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from regular United States federal income taxes. The Fund’s secondary investment objective is total return. The Company’s investment strategy includes Tactical Municipal Closed-End Fund (CEF) Strategy and Municipal Bond Income Strategy. The Tactical Municipal CEF Strategy typically invests in municipal CEFs and exchange-traded funds (ETFs) and other investment companies. The Municipal Bond Income Strategy primarily invests in municipal bonds of any credit quality, including securities that are rated below investment grade. The Fund’s investment adviser is RiverNorth Capital Management, LLC. The Fund’s sub-adviser is MacKay Shields, LLC.

  • Revenue in USD (TTM)6.96m
  • Net income in USD7.92m
  • Incorporated2018
  • Employees--
  • Location
    RiverNorth Opportunistic Municipal Income Fund, Inc.360 S. ROSEMARY AVE, SUITE 1420WEST PALM BEACH 33401United StatesUSA
  • Phone+1 (312) 445-2251
  • Websitehttps://www.rivernorth.com/rmi
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
RiverNorth Flexible Muncpl Incme Fnd Inc6.94m7.76m97.35m--12.540.9293--14.031.271.271.1317.130.04--3.90--4.48--4.51--26.34--111.94------0.3812---9.51--135.30------
Allspring Utilities and High Income Fund6.38m19.61m97.73m--4.910.9017--15.312.212.210.70812.050.0474--4.21--14.56--14.66--58.71--307.29------0.2164--4.22--248.53------
Siebert Financial Corp79.07m9.66m97.90m124.0010.061.259.061.240.24250.24251.991.960.0945--1.05637,669.401.150.361511.886.6196.0595.0712.195.61--109.460.7776--42.7418.95493.27-8.14-2.33--
Bowen Acquisition Corp0.003.09m99.50m--32.261.36----0.33650.33650.008.010.00------8.26--8.30--------------0.00--------------
Korea Fund Inc-100.00bn-100.00bn99.90m--------------------------------------------------------------
Nuveen Mortgage and Income Fund-100.00bn-100.00bn100.00m--------------------------------------------------------------
Thunder Bridge Capital Partners IV Inc0.00-181.48k100.45m----6.70-----0.018-0.0180.001.580.00-------0.1286---0.63--------------0.1118------43.07------
Lvpai Group Ltd0.00-35.98k101.10m45.00---------0.0021-0.00210.00-0.0012-------------------------------------10.51------
EQV Ventures Acquisition Corp-100.00bn-100.00bn101.51m-----------------0.0021----------------------------1.09--------------
Rivernorth Opprtnstc Mncpl Incme Fnd Inc6.96m7.92m102.12m--12.890.9296--14.671.241.241.0917.230.0388--4.58--4.411.034.441.0729.0047.97113.7528.26----0.3683427.03-10.595.95108.40-18.10--12.68
Pioneer Diversified High Income Fund Inc14.99m15.51m103.52m--6.670.9927--6.911.861.861.8012.510.1033--472.38--10.692.4410.842.4871.6076.51103.5130.06----0.2838250.1316.601.22386.7050.92---1.08
MFS Government Markets Income Trust-100.00bn-100.00bn103.64m--------------------------------------------------------------
Bancroft Fund Ltd4.62m-23.56k106.00m----0.9697--22.93-0.0188-0.01880.793823.690.032--3.67--1.094.951.114.9772.5066.2834.18242.76--2.240.00202.0861.824.5093.98----1.99
Great Elm Capital Corp39.35m5.90m106.38m0.0014.650.8455--2.700.69470.69474.3412.040.1169--11.08--1.75-2.541.99-3.7446.8349.4715.00-29.55--1.800.6464--46.655.24262.57-----23.45
Gablli Globl Small and Mid Cap Valu Trst2.79m-1.09m106.63m----0.9571--38.16-0.132-0.1320.339913.450.0198--49.57---0.77685.53-0.77865.635.714.14-39.16361.77---0.28550.125673.7313.77-1.05128.89------
Data as of Nov 13 2024. Currency figures normalised to RiverNorth Opportunistic Municipal Income Fund, Inc.'s reporting currency: US Dollar USD

Institutional shareholders

17.77%Per cent of shares held by top holders
HolderShares% Held
Stratos Wealth Partners Ltd.as of 30 Sep 2024474.45k7.44%
RBC Capital Markets LLC (Investment Management)as of 30 Jun 2024145.38k2.28%
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Jun 2024120.38k1.89%
Wells Fargo Clearing Services LLCas of 30 Jun 2024116.83k1.83%
UBS Financial Services, Inc.as of 30 Jun 2024109.65k1.72%
Robinson Capital Management LLCas of 30 Sep 202437.78k0.59%
Wolverine Asset Management LLCas of 30 Sep 202437.63k0.59%
Cypress Wealth Services LLCas of 30 Sep 202432.50k0.51%
Prospera Financial Services, Inc.as of 30 Sep 202430.26k0.48%
Raymond James & Associates, Inc. (Invt Mgmt)as of 30 Sep 202427.72k0.44%
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Data from 30 Jun 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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