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RiverNorth Opportunistic Municipal Income Fund(NYSE) RMI

Market Cap$96.77MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2018)+32%
5 Year-3%
1 Year+17%
1 Month-0%
$15.32
-0.16%
-0.03Today
RiverNorth Opportunistic Municipal Income Fund last closing stock price
MetricPriceDate
Last closeUSD 15.182026-07-28
RiverNorth Opportunistic Municipal Income Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.87%USD 15.472026-07-21
1 month-0.48%USD 15.252026-06-26
3 month+3.17%USD 14.712026-04-29
Year to date+10.47%USD 13.742025-12-31
1 year+17.4%USD 12.932025-07-28
3 year+16.4%USD 13.042023-07-28
5 year-2.89%USD 15.632021-07-29
Since inception+31.71%USD 11.532018-10-29

RiverNorth Opportunistic Municipal Income Fund Financials at a Glance

Market Cap

$96.77MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$13.44M

Net Income (TTM)

$6.19M

EPS (TTM)

$0.12

P/E Ratio

124.73

Dividend

$1.09

Beta (Volatility)

0.25 (Low)

Price

$15.32

Volume

8,603

Open

$15.09

Previous Close

$15.24

Daily Range

$15.09 - $15.25

52-Week Range

$13.71 - $16.36

Estimated Earnings Date

N/A

RMI News

No articles available.

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About RiverNorth Opportunistic Municipal Income Fund

RiverNorth Opportunistic Municipal Income Fund, Inc. engages in the strategic investment in municipal bonds, focusing on capturing undervalued opportunities. The fund is known for employing tactical asset allocation that leverages inefficiencies in both closed-end funds (CEFs) and the municipal bond market. By using proprietary research and analytical expertise, RiverNorth dynamically adjusts its portfolio to optimize yield throughout various economic cycles, offering investors potential for tax-advantaged income and long-term capital appreciation.

Products and Services

Investment in municipal bonds for tax-advantaged income

Active portfolio management leveraging market inefficiencies

Diversification across high-quality municipal bonds

What Makes RiverNorth Opportunistic Municipal Income Fund, Inc. Special

RiverNorth stands out through its adept asset management and unique investment strategy, which focuses on exploiting inefficiencies in CEFs and municipal bond markets. Its seasoned leadership and robust investment team are crucial for providing risk-adjusted returns.

Five Things You Need to Know

The fund strategically targets undervalued opportunities in the municipal bond market.

RiverNorth employs a tactical asset allocation strategy for market dislocations.

The leadership team has extensive experience in municipal securities and CEFs.

Its strategy includes active management and diversification for risk-adjusted returns.

The fund continually adapts to market conditions to offer income-generating opportunities.

AI Generated • Apr 16, 2026

Industry

Capital Markets

Sector

Financials

Headquarters

Chicago, IL 60607, US

RMI Financials

Key Financial Metrics (TTM)

Gross Margin

50.85%

Operating Margin

59.41%

Net Income Margin

15.16%

Return on Equity

0.78%

Return on Capital

-2.48%

Return on Assets

0.46%

Earnings Yield

0.80%

Dividend Yield

7.21%

Payout Ratio

8.54%

Stock Overview

Market Cap

$96.77MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

6.37M

Volume

8.60K

Avg. Volume

14.27K

Financials (TTM)

Gross Profit

$8.59M

Operating Income

$11.05M

EBITDA

$11.05M

Operating Cash Flow

$7.75M

Capital Expenditure

-$3.00

Free Cash Flow

$7.75M

Cash & ST Invst.

$6.23M

Total Debt

$66.85M

RiverNorth Opportunistic Municipal Income Fund Performance Analysis

RiverNorth Opportunistic Municipal Income Fund annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-06-30USD 7,172,725N/A
20232023-06-30USD 3,390,549-52.7%
20242024-06-30USD 5,811,88371.4%
20252025-06-30USD 7,846,07835.0%
RiverNorth Opportunistic Municipal Income Fund sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-06-30170.3%
Q22024-12-31-3.9%
Q42025-06-30-7.6%
Q22025-12-31-64.2%
RiverNorth Opportunistic Municipal Income Fund annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-06-30USD -4.23N/A
20232023-06-30USD 0.60N/A
20242024-06-30USD 1.24108.4%
20252025-06-30USD -0.63N/A
RiverNorth Opportunistic Municipal Income Fund sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-06-303.3%
Q22024-12-31-65.1%
Q42025-06-30-486.4%
Q22025-12-31214.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2025YOY CHG

Revenue

$1.35M

-14.1%

Gross Profit

$262.60K

-37.2%

Gross Margin

19.47%

N/A

Market Cap

$96.77MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

$6.18M

+57.8%

EBITDA

$7.30M

+35.1%

Quarterly Fundamentals

Name
Q2 2025YOY CHG

Total Cash

$6.23M

+263.5%

Total Debt

$66.85M

-2.1%

Accounts Receivable

$1.47M

-10.0%

Inventory

$0.00

N/A

Long Term Debt

$66.85M

-2.1%

Short Term Debt

$0.00

N/A

Return on Assets

0.46%

N/A

Return on Invested Capital

1.81%

N/A

Free Cash Flow

$1.45M

-37.0%

Operating Cash Flow

$1.45M

-37.0%

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Questions About RMI

What is the current price of RiverNorth Opportunistic Municipal Income Fund?

RiverNorth Opportunistic Municipal Income Fund is trading at $15.24 per share.

What is the 52-week range for RiverNorth Opportunistic Municipal Income Fund?

Over the past 52 weeks, RiverNorth Opportunistic Municipal Income Fund has traded between $13.71 and $16.36.

How much debt does RiverNorth Opportunistic Municipal Income Fund have?

As of the most recent reporting period, RiverNorth Opportunistic Municipal Income Fund reported total debt of $62.40M.

How much cash does RiverNorth Opportunistic Municipal Income Fund have on hand?

RiverNorth Opportunistic Municipal Income Fund reported $147.38K in cash and cash equivalents in its most recent financial results.

What is RiverNorth Opportunistic Municipal Income Fund’s dividend yield?

RiverNorth Opportunistic Municipal Income Fund currently has a dividend yield of 7.21%.

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