RMI News and Press, RiverNorth Opportunistic Municipal Income Fund Inc. From 09/23/22

Summary 14 out of 23 CEF sectors were positive on price and 16 out of 23 sectors were positive on NAV last week. HYT conducts a rights offering. ZTR rights offering has expired. Author's note: This article was released to CEF/ETF Income Laboratory members on Septem...

Summary 0 out of 23 CEF sectors positive on price and 0 out of 23 sectors positive on NAV last week. U.S. equities were the worst-performing CEF sector. SMM will be merged with SMLPX. Author’s note: This article was released to CEF/ETF Income Laboratory memb...

RiverNorth Opportunistic Municipal Income Fund Inc ( NYSE: RMI ) declares $0.104/share monthly dividend , in line with previous. Forward yield 7.13% Payable July 29; for shareholders of record July 15; ex-div July 14. Payable August 31; for shareholders of reco...

7 out of 23 CEF sectors positive on price and 11 out of 23 sectors positive on NAV last week. CLM/CRF rights offerings expiring this week. NEV/NZF have merged. BTO increases its quarterly distribution. For further details see: Weekly Closed-End Fund Roundup: June 5, ...

RiverNorth Opportunistic Municipal Income Fund Inc (NYSE:RMI) had declared $0.104/share monthly dividend, in line with previous. Payable April 29; for shareholders of record April 14; ex-div April 13. Payable May 31; for shareholders of record May 13; ex-div May 12. Payable June 30; for share...

The RiverNorth Opportunistic Municipal Income Fund, Inc. and the RiverNorth Flexible Municipal Income Fund, Inc. have each declared a year-end capital gain distribution, as detailed below. These year-end capital gain distributions are in addition to each Fund’s regular monthly di...

Palm Beach, FL – November 22, 2021 – FinancialNewsMedia.com News Commentary – Copper has had some ups and downs lately, but industry analysts project a better 2022. The International Copper Study Group (ICSG) met via a web-meeting, on 5-6 October 2021. Gover...

Palm Beach, FL – November 18, 2021 – FinancialNewsMedia.com News Commentary – Copper is the most widely used metal in energy generation, transmission infrastructure, and energy storage. It is the next most used metal after aluminum and steel in the...

Last year, we were looking at distribution changes due to the COVID pandemic sell-off. CEFs distribute out most of their earnings as distributions, so they pay relatively higher yields. However, relatively higher yields mean that any downturn is likely to cause distribution cuts. ...

Palm Beach, FL – June 23, 2021 – Although many investors look at the metals market of being solely populated by silver and gold. Copper should also be in their sights. Its uses are more than what the average person assumes. Copper was one of the first metals ever extracte...