a SecondaryLink affiliate.
Why Join?News
Data
Investments Growth Capital Flows Returns Fees Ownership Market Activity
FundsGet Newsletter
Sign UpLogin
RiverNorth Opportunistic Municipal Income Fund, Inc. is a 1940 Act, closed-end management investment company structured as an exchange‑traded CEF that seeks current income exempt from federal income tax by investing primarily in municipal securities across maturities and credit spectrums, managed by RiverNorth Capital Management; the Fund is listed and trades on an exchange and has publicly tradable shares with liquidity provided through the secondary market and periodic distributions consistent with its investment objective.
News and Notices
RiverNorth Capital Management, LLC
2018
'40 Act
Exchange-Traded CEF
USD
Quarterly
Daily
1.05%
June 30
News and Notices
Portfolio Holdings
Portfolio Composition
Growth
Capital Flows
Share Classes
Returns
Fees
Ownership
Operating Metrics
Per Page
10
1-10 of 29
Notices
Date
Time (ET)
Notice Type
Source
Notice
Nov 20, 2025
16:41
Compliance
95iYQyJ
RiverNorth Opportunistic Municipal Income Fund reported its annual proxy voting record for the year ended June 30, 2026, with no other included managers and no series listed.
Jul 23, 2023
16:27
Ownership, Personnel, Subscriptions
mWcYEnE
RiverNorth Financial Holdings acquired 3,941 shares of RiverNorth Opportunistic Municipal Income Fund common stock at $14.47 per share, increasing its direct holdings to 84,454 shares. The purchase was reported by an Affiliate of the Adviser.
Feb 22, 2024
17:24
Ownership, Personnel, Subscriptions
kjWEkPyf
RiverNorth Financial Holdings acquired 5,058 shares of RiverNorth Opportunistic Municipal Income Fund Common Stock at $14.4626 per share, increasing its direct holdings to 80,513 shares. The ownership change discloses an Affiliate of the Adviser’s updated stake in the Fund.
Jun 25, 2024
16:55
Ownership, Personnel, Subscriptions
LuNpxRxE
RiverNorth Financial Holdings acquired 5,558 shares of RiverNorth Opportunistic Municipal Income Fund common stock at $14.4761 per share, increasing its direct holdings to 75,455 shares. The purchase was made by an Affiliate of the Adviser.
May 18, 2025
18:41
Ownership, Personnel, Subscriptions
PyeeiZfiK
RiverNorth Financial Holdings, Affiliate of the Adviser, acquired 6,642 shares of RiverNorth Opportunistic Municipal Income Fund common stock at $14.5367 per share, increasing its direct holdings to 69,867 shares. This ownership update reflects an insider-style purchase by an adviser affiliate.
Feb 17, 2024
17:04
Ownership, Personnel, Subscriptions
HtIjTEMFw
RiverNorth Financial Holdings purchased 7,045 shares of RiverNorth Opportunistic Municipal Income Fund common stock at $14.5031 per share, increasing holdings to 63,255 shares.
Jan 14, 2024
14:34
Ownership, Personnel, Subscriptions
5B74sjq
RiverNorth Financial Holdings acquired 3,664 shares of RiverNorth Opportunistic Municipal Income Fund common stock at $14.6014 per share, bringing its holdings to 56,210 shares. The purchase increased an affiliate of the Adviser’s ownership position.
Jan 12, 2024
15:27
Ownership
rKSO2NJnv
RiverNorth Financial Holdings purchased 2,958 shares of RiverNorth Opportunistic Municipal Income Fund common stock on November 10-11, 2025, at prices of $14.54 and $14.6494 per share. The affiliate of the investment adviser directly owned 52,546 shares after the purchases.
Feb 28, 2025
06:06
Debt Issuances, Marketing Materials
i9jZ2Pdd
RiverNorth Opportunistic Municipal Income Fund updated its prospectus and SAI to incorporate the December 31, 2024 semi-annual report and revised leverage figures, including 36.55% of Managed Assets in tender option bond leverage and a 274% asset coverage ratio.
Aug 20, 2022
16:31
Debt Issuances, Marketing Materials, Performance
FlUeHXU
RiverNorth Opportunistic Municipal Income Fund, Inc. updated its offering materials to reflect leverage details, including a 45% effective leverage limit, $5.6 million outstanding on the BNP Facility as of December 31, 2024, and a last reported NAV of $16.88 per share.
Preview
RiverNorth Opportunistic Municipal Income Fund
RiverNorth Capital Management, LLC is responsible for managing RiverNorth Opportunistic Municipal Income Fund.
RiverNorth Opportunistic Municipal Income Fund launched in 2018.
RiverNorth Opportunistic Municipal Income Fund is registered as a '40 Act fund.
RiverNorth Opportunistic Municipal Income Fund is structured as a Exchange-Traded CEF fund.
You can invest in RiverNorth Opportunistic Municipal Income Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in RiverNorth Opportunistic Municipal Income Fund daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of RiverNorth Opportunistic Municipal Income Fund quarterly, subject to redemption limits and notice requirements.
Shares of RiverNorth Opportunistic Municipal Income Fund can be purchased in USD.
RiverNorth Opportunistic Municipal Income Fund's fiscal year end is June 30.
RiverNorth Opportunistic Municipal Income Fund's net asset value was $99.5 million and its portfolio had a fair value of $161.7 million as of March 31, 2026.
Among other deal types, RiverNorth Opportunistic Municipal Income Fund primarily makes Private Market Investments.
Among other asset classes, RiverNorth Opportunistic Municipal Income Fund primarily invests in Water and Short-Term.
Among other regions, RiverNorth Opportunistic Municipal Income Fund primarily invests in the USA.
RiverNorth Opportunistic Municipal Income Fund charges a 1.05% annual management fee, which is calculated based on NAV.
There is no minimum initial investment for RMI shares, allowing you to invest any amount.
There is no minimum subsequent investment for RMI shares, allowing you to invest any amount.
You will be subject to paying an early repurchase/redemption fee of 0%.
RiverNorth Opportunistic Municipal Income Fund's RMI share class generated an annualized 1-month return of -3.21% and 2-year return of 3.78% as of June 30, 2020.
WHY JOIN?
Make data-driven decisions, build strategic connections and stay informed with every decision that evergreen funds make. Read More...