$15.56
Closed
-(-)

At close

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About

Rivernorth Opportunistic Municipal Income Fund Inc is a US-based company operating in industry. The company is headquartered in West Palm Beach, Florida. The company went IPO on 2018-10-26. 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 (but which may be includable in taxable income for purposes of the Federal alternative minimum tax). The Fund’s secondary investment objective is total return. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing, directly or indirectly, at least 80% of its managed assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular United States federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax (Municipal Bonds). The Fund’s investment adviser is RiverNorth Capital Management, LLC (the Adviser) and the Fund’s sub-adviser is MacKay.
Country

US

CEO

Mr. J. Wayne Hutchens

IPO date

2018

Employees

0

ISIN

US76883F1084

Key stats

Open

$15.67

Volume

5.63K

Market cap

$96.64M

Prev. close

$15.55

Impl / hst vl

-

Open interest

$0.00

$15.54

Day’s Range

$15.68

$14.31

52W Range

$16.25

Valuation

33
Valuation score
Overvalued
P/E
-
P/S
-
P/B
0.99
Current ratio
1.70
Debt / Equity
-
ROE
-3.86%
Gross margin
-
Income growth
-482.98%
FCF growth
142.42

Oct

30

Dividends

The next payment date will be Oct 30, 2026

Div. per Share

$0.09

Div. Yield

0.57%

Payout Ratio

-

Div. Growth YoY

-66.67%

Analysts estimates

Earnings

Q2 ‘25 revenue
$3.28M
Q2 ‘25 net income
-$5.40M
Revenue
Net income
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