RMI News and Press, RiverNorth Opportunistic Municipal Income Fund Inc. From 04/05/23

(NewsDirect) Resource Mining Corporation Ltd (ASX:RMI) CEO Andrew Nesbitt announced the start of what he calls a "comprehensive initial program" of exploration drilling at Liparamba in Tanzania. The area was previously explored by BHP in 2013-2014, and Resource Mining Corporation is following...

2023-04-04 04:55:56 ET RiverNorth Opportunistic Municipal Income Fund, Inc. ( NYSE: RMI ) declares $0.0974/share monthly dividend , in line with previous. Forward yield 6.89% Payable April 28; for shareholders of record April 14; ex-div April 13. Payable May 31...

The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for April, May and June 2023 in accordance with each Fund’s level distribution policy. In addition, the RiverNorth Flexible Municipal Income Fund, Inc. has declared a capital gain distribution. ...

Summary 0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results. MLPs are the most discounted CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory members on ...

(NewsDirect) Resource Mining Corporation Ltd (ASX:RMI) CEO Andrew Nesbitt joins Tom Warner in the Proactive studio to discuss the company's 42.1 million tonnes nickel sulphide resource containing 168,400 tonnes of nickel and 6,700 tonnes of cobalt. This comes from a review and re-estimation o...

RiverNorth Opportunistic Municipal Income Fund Inc ( NYSE: RMI ) had declared $0.0974/share monthly dividend , -6.3% decrease from prior dividend of $0.1040. Forward yield 6.91% Payable Jan. 31; for shareholders of record Jan. 13; ex-div Jan. 12. Payable Feb. 28; f...

Summary 3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut. PCQ's fall another reminder of why CEF premium/discount valuation matters. Author’s note: This article was released to CEF/ETF Income Laborato...

Summary We recently touched on RFM, and today, we are looking at RMM, its slightly older sister fund. RMM and RFM share many similarities, which means they face the same negatives in the future. However, RMM has historically provided more tax-friendly tax characteristics to its dist...

Summary 0 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. Real estate CEFs lag. OPP rights offering expires. Author’s note: This article was released to CEF/ETF Income Laboratory members on September 21, 2022. Pleas...

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...