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RMI News and Press, RiverNorth Opportunistic Municipal Income Fund Inc. From 05/04/21

Stock Information

Company Name: RiverNorth Opportunistic Municipal Income Fund Inc.
Stock Symbol: RMI
Market: NYSE
Website: rivernorth.com/closed-end-funds/rmi

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RMI - Income Ideas: Should You Avoid Closed-End Fund IPOs?

The question today is, should you avoid CEF IPOs? From the data we have compiled, it seems that the averages come to be quite flat and it largely depends on the circumstances of its launch. One potential way to play this could be buying on day 1 and selling after 1-month of holdin...

RMI - Silver & Gold Expected To Continue To Rise Even as Uncertainty Reigns

Palm Beach, FL – April 27, 2021-  Experts who follow the metals markets saw last year that when the pandemic first reared its head News of mine closures and restrictive measures throughout the mining supply chain, not to mention a disastrous fall in travel, had adversely affecte...

RMI - 2 New Closed-End Funds In The Pipeline

Today, I wanted to go over two funds that should tentatively be launching in the future. The fund sponsors have filed with the SEC forms N-2 - this is a file to register new offerings, secondary offerings or anything that involves new shares being created. Both appear like they co...

RMI - Experts Believe Copper Demand Likely To Remain Strong Well Into 2021

Palm Beach, FL – April 20, 2021-  Experts who follow the metals markets have a good feel for copper in the coming year. A recent report from the Copper Monthly Metals Index (MMI) saw copper through February 2021, increase for the fourth consecutive month, rising by 1.1%....

RMI - Why Experts See Gold Remaining A Haven Into 2021 And Beyond

Palm Beach, FL – April 13, 2021-  Wealth Managers and many investors are hopefully anticipating a more positive year in 2021. COVID-19 is still with us, but with vaccines being distributed and inoculating more and more people, things are looking up. Along with government stimuli...

RMI - U.S. Spending Big Dollars On Infrastructure Should be a Huge Boon for Copper Metals Market

Palm Beach, FL – April 7, 2021 U.S. President’s from Eisenhower to Biden may not always agree on much, but one thing they all say is important is a need for infrastructure repair and new developments. Highways, airports and a plethora of other projects are always said to be at...

RMI - Corrected Year-End Capital Gains Distribution Information for RiverNorth Flexible Municipal Income Fund, Inc. and RiverNorth Opportunistic Municipal Income Fund, Inc.

RiverNorth Flexible Municipal Income Fund, Inc. (NYSE: RFM) and RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE: RMI) are announcing corrections to the information provided with respect to each fund’s year-end capital gains distribution, discussed below. This corrects ...

RMI - Municipal Funds-Of-Funds Are Not A Slam Dunk

With hundreds of open-end and closed-end funds in the tax-exempt sector figuring out the best allocation is a daunting task. Funds-of-funds, or funds that hold other municipal funds, are attractive in providing a way to quickly gain exposure to a basket of funds and eliminate an eleme...

RMI - Ridgestone Continues to Intersect High-Grade Mineralization with 0.54% Copper over 29.15m, and 3.82 g/t Gold & 0.75% Copper over 4.35m

Vancouver, British Columbia--(Newsfile Corp. - September 21, 2020) - Ridgestone Mining Inc. ( TSXV: RMI ) ( OTCQB: RIGMF ) ( FSE: 4U5 ) ("Ridgestone" or the "Company") ("Ridgestone") is pleased to report positive drill results from an additional 8 holes totalling 1,238 metres (m) on its wholly...

RMI - RiverNorth Closed-End Funds Declare Monthly Distributions

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...

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