RiverNorth Opportunistic Municipal Income Fund, Inc. Declares Monthly Distributions for the Months of January, February and March 2020; Payable on January 31, 2020, February 28, 2020 and March 31, 2020 Respectively
January 06, 2020 at 07:30 pm IST
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RiverNorth Opportunistic Municipal Income Fund, Inc. announced the declaration of monthly distributions of $0.0917 per common share for the months of January, February and March 2020. Ex dividend date are January 16, 2020, February 13, 2020 and March 16, 2020 respectively. Record Dates are January 17, 2020, February 14, 2020 and March 17, 2020 respectively. Payable Dates are January 31, 2020, February 28, 2020 and March 31, 2020 respectively.
Rivernorth Opportunistic Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fundâs primary investment objective is to seek current income exempt from regular United States federal income taxes. The Fundâs secondary investment objective is total return. The Companyâs 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 Fundâs investment adviser is RiverNorth Capital Management, LLC. The Fundâs sub-adviser is MacKay Shields, LLC.
RiverNorth Opportunistic Municipal Income Fund, Inc. Declares Monthly Distributions for the Months of January, February and March 2020; Payable on January 31, 2020, February 28, 2020 and March 31, 2020 Respectively
RIVERNORTH OPPORTUNISTIC MUNICIPAL INCOME FUND, INC. 