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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. more
| Time Frame | RMI | S&P500 |
|---|---|---|
| 1-Week Return | -0.37% | -0.02% |
| 1-Month Return | 0.12% | 1.48% |
| 3-Month Return | 0.16% | 9.63% |
| 6-Month Return | -0.31% | 13.17% |
| 1-Year Return | 5.46% | 31.56% |
| 3-Year Return | -30.08% | 30.19% |
| 5-Year Return | -27.62% | 93.4% |
| 10-Year Return | -19.8% | 198.28% |
| Stock name | Ticker | Weight |
|---|---|---|
 City County of Honolulu HI | - | 7.47% |
| Nuveen Quality Municipal Income Fund | - | 6.82% |
| City of New York NY | - | 5.03% |
| Port Authority of New York New Jersey | - | 5.01% |
| City of Mesa AZ Utility System Revenue | - | 4.99% |
| Los Angeles Unified School District | - | 4.95% |
| BlackRock MuniYield Quality Fund III, Inc. | - | 4.86% |
| Western Asset Managed Municipals Fund, Inc. | - | 4.84% |
| Macon County School District No 61 Decatur | - | 4.62% |
| Multnomah-Clackamas Counties Centennial School District No 28JT | - | 4.59% |
| Sector | Weight |
|---|---|
|
All Others | 100.00% |
RiverNorth Opportunistic Municipal Income Fund Inc (RMI) share price today is $16.02.
Yes, Indians can buy shares of RiverNorth Opportunistic Municipal Income Fund Inc (RMI) on Vested. To buy RMI from India, you can open a US Brokerage account by signing up on Vested. The account opening process is completely digital and secure, and takes 3-5 minutes to complete.
Yes, you can purchase fractional shares of RiverNorth Opportunistic Municipal Income Fund Inc (RMI) on Vested. You can start investing in RiverNorth Opportunistic Municipal Income Fund Inc (RMI) with a minimum investment of $1.
The 52-week high price of RiverNorth Opportunistic Municipal Income Fund Inc (RMI) is $. The 52-week low price of RiverNorth Opportunistic Municipal Income Fund Inc (RMI) is $.
The stock symbol (or ticker) of RiverNorth Opportunistic Municipal Income Fund Inc is RMI.
Yes, you can setup SIP in RiverNorth Opportunistic Municipal Income Fund Inc shares. Follow the below steps to create the SIP:
Here is the historical performance of RMI on the Vested app.
You can also access the top holdings, the expense ratio, and the sector breakdown for RiverNorth Opportunistic Municipal Income Fund Inc on Vested.
The expense ratio of RiverNorth Opportunistic Municipal Income Fund Inc (RMI) is 301%.
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