RiverNorth Opportunistic Municipal Income Fund, Inc.

RiverNorth Opportunistic Municipal Income Fund, Inc.verified

RMI

Price:

$16.1475

Market Cap:

$102.93M

RiverNorth Opportunistic Municipal Income Fund, Inc. operates as Closed-End Investment Fund/Investment Trust. It specializes in opportunistic investment strategies in niche markets. The firm operates as investment manager to registered funds, private funds and separately managed accounts. The company is headquartered in West Palm Beach, FL.[Read more]

Industry

Financial - Conglomerates

IPO Date

2018-10-26

Stock Exchange

NYSE

Ticker

RMI

The Enterprise Value as of September 2024 (TTM) for RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) is 166.96M

According to RiverNorth Opportunistic Municipal Income Fund, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 166.96M. This represents a change of -1.79% compared to the average of 170.01M of the last 4 quarters.

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) Historical Enterprise Value (quarterly & annually)

How has RMI Enterprise Value performed in the past?

The mean historical Enterprise Value of RiverNorth Opportunistic Municipal Income Fund, Inc. over the last ten years is 196.08M. The current 166.96M Enterprise Value has changed 8.42% with respect to the historical average. Over the past ten years (40 quarters), RMI's Enterprise Value was at its highest in in the December 2019 quarter at 231.37M. The Enterprise Value was at its lowest in in the December 2023 quarter at 164.13M.

Quarterly (TTM)
Annual

Average

196.08M

Median

202.26M

Minimum

164.43M

Maximum

216.28M

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of RiverNorth Opportunistic Municipal Income Fund, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 6.67%

Maximum Annual Enterprise Value = 216.28M

Minimum Annual Increase = -11.89%

Minimum Annual Enterprise Value = 164.43M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2024164.43M-7.51%
2023177.78M-11.89%
2022201.77M-6.71%
2021216.28M6.67%
2020202.75M-5.02%

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) Average Enterprise Value

How has RMI Enterprise Value performed in the past?

The current Enterprise Value of RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

181.33M

5-year avg

192.60M

10-year avg

196.08M

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) Enterprise Value vs. Peers

How is RMI’s Enterprise Value compared to its peers?

RiverNorth Opportunistic Municipal Income Fund, Inc.’s Enterprise Value is greater than MFS Investment Grade Municipal Trust (111.36M), greater than Nuveen Preferred and Income Fund (116.69M), less than Rivernorth Managed Duration Municipal Income Fund Inc. (515.66M), less than BlackRock MuniHoldings New York Quality Fund, Inc. (563.40M), less than Virtus Convertible & Income 2024 Target Term Fund (179.18M), greater than Invesco High Income 2024 Target Term Fund (86.94M), less than Eaton Vance National Municipal Opportunities Trust (323.12M), less than Federated Hermes Premier Municipal Income Fund (231.30M), greater than Nuveen California Select Tax-Free Income Portfolio (88.38M),

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