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RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)

NYSE Financial Services Asset Management
$15.63 ▲ +0.06%
Market Cap
$99.6M
Sector
Financial Services
Industry
Asset Management
Beta
0.65
52-Wk Range
13.76-16.36
CEO
Country
US
Currency
USD

RiverNorth Opportunistic Municipal Income Fund, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $15.63, up 0.06% on the session, giving a market capitalisation of $99.6M. On trailing twelve-month figures it carries a trailing P/E of 130.25, a net margin of 15.2%. Its beta of 0.65 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
130.25
Price / Sales
19.47
Price / Book
0.99
EV / EBITDA
54.76
Gross margin
50.9%
Operating margin
59.4%
Net margin
15.2%
Return on equity
Debt / equity
0.66
Current ratio
4.51
Dividend yield
7.0%
Payout ratio
854.1%
Company profile
Exchange
New York Stock Exchange
Employees
IPO date
2018-10-26
Headquarters
Chicago, IL, US
About RiverNorth Opportunistic Municipal Income Fund, Inc.

RiverNorth Opportunistic Municipal Income Fund, Inc. operates as a Closed-End Fund or an Investment Trust. The fund primarily focuses on capitalizing on high-potential investment opportunities found within distinct, specialized market sectors. Furthermore, the company extends its services as an investment manager, overseeing publicly registered funds, private investment vehicles, and tailored client portfolios. Its principal place of business is situated in West Palm Beach, Florida.

Comparable companies

RiverNorth Opportunistic Municipal Income Fund, Inc. is most often compared with the following Financial Services names:

CEECHASXGDLLVAGXPGPRBCGXRFMUSBNXVGIWMBLX
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