SeekingAlpha · Nov 18, 2025
RM
NYSE · RMI
RiverNorth Opportunistic Municipal Income Fund, Inc.
Financial Services · Financial - Conglomerates
$13.67
Down-$0.16 (-1.17%)
Updated Oct 8, 2026, 5:48 PM
SID Score
3.3/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 93.51M
- P/E ratio
- -23.43
- Dividend yield
- 9.05%
- 52-week range
- $13.11 – $16.25
- Volume
- 15.71K
- Avg. volume
- 29.03K
Price performance · RMI
RMI price history
1M range · 21 trading sessions · Daily adjusted prices
Prices through Oct 7, 2026
RMI closed at $13.67 after 21 trading sessions, down 7.83% for the selected period.
- Last close
- $13.67
- Period change
- -7.83%
- Period low
- $13.38
- Period high
- $14.83
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 7, 2026 | $13.75 | $13.82 | $13.59 | $13.67 | 15.71K |
| Oct 6, 2026 | $13.81 | $13.87 | $13.54 | $13.77 | 18.18K |
| Oct 5, 2026 | $13.82 | $13.84 | $13.74 | $13.81 | 18.92K |
| Oct 2, 2026 | $14.12 | $14.2872 | $13.78 | $13.78 | 83.79K |
| Oct 1, 2026 | $13.94 | $14.26 | $13.6801 | $14.21 | 41.81K |
| Sep 30, 2026 | $13.58 | $14.2936 | $13.39 | $14.10 | 131.03K |
| Sep 29, 2026 | $13.245 | $13.51 | $13.11 | $13.39 | 22.49K |
| Sep 28, 2026 | $13.74 | $14.24 | $13.30 | $13.38 | 31.5K |
| Sep 25, 2026 | $13.98 | $14.60 | $13.59 | $13.7501 | 21.56K |
| Sep 24, 2026 | $14.18 | $14.18 | $13.74 | $13.92 | 8K |
| Sep 23, 2026 | $14.35 | $14.49 | $13.95 | $14.01 | 11.33K |
| Sep 22, 2026 | $14.42 | $14.988 | $14.40 | $14.54 | 4.43K |
| Sep 21, 2026 | $14.56 | $14.645 | $14.41 | $14.50 | 6.79K |
| Sep 18, 2026 | $14.79 | $14.79 | $14.60 | $14.64 | 1.79K |
| Sep 17, 2026 | $14.08 | $14.685 | $14.08 | $14.685 | 35.99K |
| Sep 16, 2026 | $14.12 | $14.33 | $14.12 | $14.1591 | 14.21K |
| Sep 15, 2026 | $14.45 | $14.45 | $14.06 | $14.215 | 20.77K |
| Sep 14, 2026 | $14.47 | $14.745 | $14.47 | $14.55 | 12.3K |
| Sep 11, 2026 | $14.63 | $14.63 | $14.53 | $14.5704 | 5.88K |
| Sep 10, 2026 | $14.81 | $14.81 | $14.49 | $14.595 | 16.8K |
| Sep 9, 2026 | $14.83 | $14.84 | $14.8229 | $14.8316 | 1.48K |
Latest RMI news
The latest Smart Investors Daily articles mentioning RMI.
Stock researchCompany · Overview
Company
Market Activity
Research & News
RMI research
Overview
Company profile and research snapshot.
Company profile
RiverNorth Opportunistic Municipal Income Fund, Inc. is a diversified, closed-end management investment company. Its investment objective is to seek current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- —
- Implied upside
- —
- Analysts
- —
News briefing
No generated briefing is available yet.
seekingalpha.com · Nov 18, 2025
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 funds is clever in theory but underwhelms in practice. After adjusting for return of capital, RMI's effective yield is only about 3.1%, lower than alternatives like SHYM or VTEB.
AI research layers
Interpretive context generated from the platform’s current data sources.
No results
AI research layers have not been published yet.
