SeekingAlpha · Nov 18, 2025
RM
NYSE · RMI
RiverNorth Opportunistic Municipal Income Fund, Inc.
Financial Services · Financial - Conglomerates
$14.83
Down-$0.24 (-1.60%)
Updated Sep 11, 2026, 12:41 AM
SID Score
3.0/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 93.51M
- P/E ratio
- -23.43
- Dividend yield
- 8.34%
- 52-week range
- $14.66 – $16.25
- Volume
- 1.48K
- Avg. volume
- 29.03K
Price performance
RMI price history
1M range · 0 trading sessions · Daily adjusted prices
RMI does not have enough price history for the selected period.
Data unavailable
Market data is busy. Please try again shortly.
Latest RMI news
The latest Smart Investors Daily articles mentioning RMI.
Stock researchCompany · Overview
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.
