RMI News and Press, RiverNorth Opportunistic Municipal Income Fund Inc. From 07/07/20

Several RiverNorth Closed-End Funds announced the declaration of monthly distributions for the months of July, August and September 2020, as detailed below. The following dates apply to the monthly distribution declarations for the tax-exempt and taxable closed-end funds: Tax-Exempt Dist...

Main Thesis The purpose of this article is to give a broad overview on what is going on in the market right now and how investors may want to begin to position themselves as we head into the second half of the year. As my readers know, I had been getting increasingly concerned about the risi...

Author's note: This article was released to CEF/ETF Income Laboratory members on Feb. 24, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight re...

At Systematic Income , we are fund-structure neutral. In other words, we look at opportunities across ETFs, mutual funds and CEFs, as well as individual securities. One type of investment vehicle which doesn't fit neatly into this framework are fund-of-funds. There is an intuitive appeal behi...

Main Thesis The purpose of this article is to evaluate the RiverNorth Opportunistic Municipal Income Fund ( RMI ) as an investment option at its current market price. As my readers know, I continue to favor muni bond exposure in 2020, despite rising valuations due to a strong 2019. I see tax...

The following report was first published to members of Yield Hunting on September 15th. Executive Summary Rank of Best Buys Today Nuveen Muni High Income ( NMZ ) Nuveen Quality Muni Income ( NAD ) BlackRock MuniHoldings NJ Quality ( MUJ ) BlackRock MuniYield Quality ( MQY ) ...

RiverNorth Opportunistic Municipal Income Fund, Inc. (the “Fund”) (NYSE: RMI) announced the declaration of monthly distributions of $0.0917 per common share for the months of October, November and December 2019, payable on the dates noted below. In accordance with the level dist...

Listen and subscribe to the Marketplace Roundtable on these podcast platforms: iTunes/Apple Podcasts Spotify Stitcher By Nathaniel E. Baker Alpha Gen Capital joins the Marketplace Roundtable podcast to discuss his approach to investing in closed-end funds...

Photo Source: REUTERS/Brendan McDermid. Traders look on as a screen shows Federal Reserve Chairman Jerome Powell's news conference after the U.S. Federal Reserve interest rates announcement on the floor of the New York Stock Exchange on July 31, 2019. For the month, 81% of all closed-end...

RiverNorth Opportunistic Municipal Income Fund Inc (NYSE: RMI ) declares $0.0917/share monthly dividend , in line with previous. More news on: RiverNorth Opportunistic Municipal Income Fund Inc, Dividend News, , Read more ...