RiverNorth Opportunistic Municipal Income Fund, Inc.
A closed-end fund investing in municipal securities for tax-exempt income.
RMI | US
Overview
Corporate Details
- ISIN(s):
- N/A
- LEI:
- Country:
- United States of America
- Address:
- 360 S. ROSEMARY AVE, 33401 WEST PALM BEACH
- Website:
- https://www.rivernorth.com/rmi
Description
RiverNorth Opportunistic Municipal Income Fund, Inc. is a closed-end management investment company. Its primary investment objective is to provide current income exempt from regular U.S. federal income taxes. The fund pursues an opportunistic strategy by investing in a portfolio of municipal bonds and other municipal-focused closed-end funds. The portfolio may consist of securities across the credit spectrum, including those rated below investment grade. To achieve its objective, the fund may utilize leverage, a speculative technique that can increase risk and potential returns. As a closed-end fund, its shares trade on a secondary market at prices that may differ from its net asset value. The fund is structured with a limited term and a scheduled termination date, subject to potential extension or elimination.
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Filings
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Market Data
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Financials & KPIs
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Insider Transactions
| Date | Insider Name | Position | Type | Shares | Value |
|---|---|---|---|---|---|
| No insider transactions recorded for this company. | |||||
Peer Companies
