RMI · CIK 0001746967 · other
# RiverNorth Opportunistic Municipal Income Fund, Inc.
RiverNorth Opportunistic Municipal Income Fund is a closed-end investment fund based in Chicago that manages a portfolio focused on municipal securities and related fixed-income instruments. The fund operates as a publicly traded vehicle, allowing shareholders to gain exposure to municipal bond markets through a professionally managed portfolio structure.
The fund's primary revenue stream derives from management fees charged on assets under management, along with performance-based income where applicable. Its investment strategy centers on municipal debt securities, which typically offer tax-advantaged income to investors. The fund may employ various strategies within the municipal bond space, including direct lending and opportunistic positioning in the market for municipal obligations.
As a closed-end fund with a market capitalization of approximately $100 million, RiverNorth Opportunistic Municipal Income Fund operates within the asset management sector, serving individual and institutional investors seeking municipal income exposure. The fund is organized under Maryland incorporation and trades on the New York Stock Exchange.
No 10-K filings found.