Company RiverNorth Opportunistic Municipal Income Fund, Inc.

Equities

RMI

US76883F1084

Closed End Funds

End-of-day quote Nyse 06:00:00 2024-05-01 pm EDT 5-day change 1st Jan Change
15.47 USD +0.13% Intraday chart for RiverNorth Opportunistic Municipal Income Fund, Inc. +0.32% +1.58%

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 17-12-31
Director of Finance/CFO 50 17-12-31
Compliance Officer 56 17-12-31
Corporate Officer/Principal 44 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 17-12-31
Director/Board Member 63 17-12-31
Director/Board Member - 22-11-17
Chairman 49 17-12-31
Director/Board Member 80 17-12-31
Director/Board Member 69 17-12-31

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 $
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 $
Wells Fargo Advisors Financial Network LLC
1.722 %
109,758 1.722 % 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 $
Robinson Capital Management LLC
0.7072 %
45,081 0.7072 % 725 804 $
Woodbury Financial Services, Inc.
0.6330 %
40,353 0.6330 % 649 683 $
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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