Equities

RiverNorth Opportunistic Municipal Income Fund, Inc.

RMI:NYQ

RiverNorth Opportunistic Municipal Income Fund, Inc.

Actions
FinancialsClosed End Investments
  • Price (USD)15.68
  • Today's Change0.050 / 0.32%
  • Shares traded20.82k
  • 1 Year change+3.29%
  • Beta0.5660
Data delayed at least 15 minutes, as of Nov 22 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)
Nuveen Municipal Income Fund Inc.4.77m4.35m95.49m--21.930.9609--20.010.43330.43330.47499.890.0474--2.63--4.320.13444.390.136786.9885.2391.243.12----0.00632,772.087.33-0.5048117.02-----4.35
Pcm Fund Inc12.24m5.47m95.76m--17.611.28--7.820.45380.45381.016.260.0866--14.89--3.871.057.001.9957.9571.5544.6914.42--4.380.4174591.61-15.860.58527,917.14-12.39--0.00
Aimei Health Technology Co Ltd-100.00bn-100.00bn95.76m0.00--0.3139----------33.80----------------------------0.00--------------
RiverNorth Flexible Muncpl Incme Fnd Inc6.94m7.76m95.81m--12.340.9146--13.811.271.271.1317.130.04--3.90--4.48--4.51--26.34--111.94------0.3812---9.51--135.30------
Concord Acquisition Corp II0.00-1.43m95.98m----7.72-----0.3355-0.33550.001.350.00-------1.61---1.68--------------0.2658-------52.07------
Korea Fund Inc-100.00bn-100.00bn96.90m--------------------------------------------------------------
Gabelli Global Utility & Income Trust4.77m1.97m98.37m--49.911.12--20.620.33020.33020.799320.130.0346--4.70--3.153.233.163.2581.5376.1991.09124.59----0.0041277.2628.618.43105.28----8.45
Nuveen Mortgage and Income Fund-100.00bn-100.00bn99.32m--------------------------------------------------------------
Allspring Utilities and High Income Fund6.38m19.61m99.62m--5.000.9191--15.612.212.210.70812.050.0474--4.21--14.56--14.66--58.71--307.29------0.2164--4.22--248.53------
Bowen Acquisition Corp0.003.34m99.78m--30.601.34----0.35570.35570.008.100.00------4.59--4.60--------------0.00--------------
Rivernorth Opprtnstc Mncpl Incme Fnd Inc6.96m7.92m99.95m--12.620.9099--14.351.241.241.0917.230.0388--4.58--4.411.034.441.0729.0047.97113.7528.26----0.3683427.03-10.595.95108.40-18.10--12.68
MFS Government Markets Income Trust-100.00bn-100.00bn100.70m--------------------------------------------------------------
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----0.2557----------38.84----------------------------0.00--------------
Pioneer Diversified High Income Fund Inc14.99m15.51m101.77m--6.560.9759--6.791.861.861.8012.510.1033--472.38--10.692.4410.842.4871.6076.51103.5130.06----0.2838250.1316.601.22386.7050.92---1.08
Data as of Nov 22 2024. Currency figures normalised to RiverNorth Opportunistic Municipal Income Fund, Inc.'s reporting currency: US Dollar USD

Institutional shareholders

17.89%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 Sep 2024148.16k2.32%
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Sep 2024122.37k1.92%
Wells Fargo Clearing Services LLCas of 30 Sep 2024112.46k1.76%
UBS Financial Services, Inc.as of 30 Sep 2024105.56k1.66%
Logan Stone Capital LLCas of 30 Sep 202439.23k0.62%
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%
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Data from 30 Sep 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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