Company RiverNorth Opportunistic Municipal Income Fund, Inc.

Equities

RMI

US76883F1084

Closed End Funds

End-of-day quote Nyse 03:30:00 10/05/2024 am IST 5-day change 1st Jan Change
16.06 USD +0.06% Intraday chart for RiverNorth Opportunistic Municipal Income Fund, Inc. +3.35% +5.45%

Business Summary

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. The Fund’s secondary investment objective is total return. The Company’s investment strategy includes Tactical Municipal Closed-End Fund (CEF) Strategy and Municipal Bond Income Strategy. The Tactical Municipal CEF Strategy typically invests in municipal CEFs and exchange-traded funds (ETFs) and other investment companies. The Municipal Bond Income Strategy primarily invests in municipal bonds of any credit quality, including securities that are rated below investment grade. The Fund’s investment adviser is RiverNorth Capital Management, LLC. The Fund’s sub-adviser is MacKay Shields, LLC.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
7 100.0 % 3 100.0 % -52.52%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
7 100.0 % 3 100.0 % -52.52%

Managers

Managers TitleAgeSince
Chairman 49 01/18/01
Director of Finance/CFO 50 01/18/01
Compliance Officer 56 01/18/01
Corporate Officer/Principal 44 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 01/18/01
Director/Board Member 63 01/18/01
Director/Board Member - 18/22/18
Chairman 49 01/18/01
Director/Board Member 80 01/18/01
Director/Board Member 69 01/18/01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 6,374,539 6,374,539 ( 100.00 %) 0 100.00 %

Shareholders

NameEquities%Valuation
Stratos Wealth Partners Ltd.
7.445 %
474,570 7.445 % 8 M $
RBC Capital Markets LLC
2.512 %
160,115 2.512 % 3 M $
Wells Fargo Advisors Financial Network LLC
2.025 %
129,058 2.025 % 2 M $
Morgan Stanley Smith Barney LLC
1.904 %
121,371 1.904 % 2 M $
UBS Financial Services, Inc.
1.737 %
110,723 1.737 % 2 M $
Wolverine Asset Management LLC
0.9995 %
63,712 0.9995 % 1 M $
Logan Stone Capital LLC
0.8838 %
56,341 0.8838 % 907 090 $
Osaic Wealth, Inc.
0.7965 %
50,771 0.7965 % 817 413 $
Robinson Capital Management LLC
0.7072 %
45,081 0.7072 % 725 804 $
Cypress Wealth Services LLC
0.5098 %
32,500 0.5098 % 523 250 $

Company contact information

RiverNorth Opportunistic Municipal Income Fund, Inc.

360 South Rosemary Avenue Suite 1420

33401, West Palm Beach

+312-832-1440

address RiverNorth Opportunistic Municipal Income Fund, Inc.(RMI)
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