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RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)

RiverNorth Opportunistic Municipal Income Fund, Inc. operates as a Closed-End Fund or an Investment Trust. The fund primarily focuses on capitalizing on high-potential investment opportunities found within distinct, specialized market sectors. Furthermore, the company extends its services as an investment manager, overseeing publicly registered funds, private investment vehicles, and tailored client portfolios. Its principal place of business is situated in West Palm Beach, Florida.

Industry: Asset Management

RiverNorth Opportunistic Municipal Income Fund, Inc. logo

RiverNorth Opportunistic Municipal Income Fund, Inc.

NYSE:RMIFinancial Services
-1.27%$13.59
AH Close$13.59+0.00%vs close
Mkt Cap$86.6M
Float6.15M
O/S6.37M
Inst Own20.7%
Div Yield7.94%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$86.60M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership20.73%

based on 6.37M shares outstanding

SectorFinancial Services
IndustryFinancial - Conglomerates
ExchangeNYSE
CountryUSUS
IPO DateOct 26, 2018
Shares Outstanding6.37M
Float6.15M
Company Overview

RiverNorth Opportunistic Municipal Income Fund, Inc. operates as a Closed-End Fund or an Investment Trust. The fund primarily focuses on capitalizing on high-potential investment opportunities found within distinct, specialized market sectors. Furthermore, the company extends its services as an investment manager, overseeing publicly registered funds, private investment vehicles, and tailored client portfolios.

Its principal place of business is situated in West Palm Beach, Florida.

Leadership

Jerry R. Raio

Interested Director

Jonathan M. Mohrhardt

Chief Financial Officer, Treasurer

Marcus L. Collins

Chief Compliance Officer and Secretary

Patrick W. Galley

Chairman and President

Employees

--

Country

US

Sector

Financial Services

Website

rivernorth.com

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trading
InsiderTypeShares
RiverNorth Financial Holdings, LLC profile photoRiverNorth Financial Holdings, LLCPurchase3.9K
RiverNorth Financial Holdings, LLC profile photoRiverNorth Financial Holdings, LLCPurchase5.1K
RiverNorth Financial Holdings, LLC profile photoRiverNorth Financial Holdings, LLCPurchase5.6K
RiverNorth Financial Holdings, LLC profile photoRiverNorth Financial Holdings, LLCPurchase6.6K
RiverNorth Financial Holdings, LLC profile photoRiverNorth Financial Holdings, LLCPurchase7.0K
RiverNorth Financial Holdings, LLC profile photoRiverNorth Financial Holdings, LLCPurchase3.7K
Shareholders
20.7%
Institutional
(24)
1.4%
Insiderⓘ
(3)
0.0%
5%+ Owners
(0)
77.8%
Unattributed (incl. retail)ⓘ
Institutional20.7%
Insider1.4%
Unattributed (incl. retail)77.8%
Sources: 13F, Form 4O/S: 6.4M · checked 25 Oct 2026 · market-data provider
Insiders & Institutional Holders
52-Week Range
$13.11$16.36
$13.59(15th percentile)
Volume
Average Daily Volume30.92K
6.98K today vs 30.92K avg(-77%)

30d Avg

30.92K

60d Avg

20.56K

90d Avg

21.95K

Earnings
Dividend History
TTM Yield
7.94%
Paid monthly
Annual (LTM)
$1.08
Latest
$0.0889
Dec 15, 26
5Y Growth
--
Compliance Status
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