CEF Advisors

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RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)

National Muni Bond Funds - Muni High Yield

Data as of Oct. 11, 2019
Market Price $22.30 (- $0.05)
NAV (Oct. 11, 2019) $23.25 (- $0.08)
Premium / Discount -4.09% (+0.11%)
Fund Info
Inception Oct. 26, 2018
Sponsor RiverNorth Capital Managment, LLC
Website https://www.rivernorth...
Objective: To provide current income exempt from regular U.S. federal income taxes with a secondary objective of total return.
Related Indexes
Term Municipal Fund Index
Capital & Leverage
Outstanding Shares 6,373,268
Total Assets (Reported: Dec. 31, 2018) $212M
Estimated Total Assets $148M
Net Assets $148M
Market Cap $142M
Purchases Turnover %
Sales Turnover %
Total Leverage 35.10%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 100.00%
Expense Ratio 2.53%
Non Lev Exp Ratio 1.92%
Rel Lev Cost 1.07%
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -6.87%
Discount High(3 Yr) 0.40%
Discount Rel Range 38.32%
Comp Discount -1.67
Discount St Dev (1Yr)
Z-Stat (6mo) 0.87
Z-Stat (1Yr)
Z-Stat (3Yr)
Comp Z-Stat (6mo) 0.61
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 4.93%
Income Yield 4.93%
Lev Adj NAV Yield 3.50%
Distribution Frequency M
Current Distribution $0.092
Current Income $0.092
Ex-Date 10/16/19
Payable Date 10/31/19
Div Growth (3yr) %
Dividend Change % on
Expected Div 1/2/20
RoC (1yr) 28.35%
RoC (3yr) 28.35%
Volume & Liquidity
Average Daily $ (M) $435
Avg Volume 30 day 19,778
Avg Volume 90 day 19,516
Volume Trend 1.34%
Comp Volume Trend 6.81%
Correlation & Volatility
NAV - Price Correlation (30 d) 75.6%
NAV - Price Correlation (90 d) 84.5%
NAV - Price Correlation (1 Yr) %
Price St Dev (1Yr) %
NAV St Dev (1Yr) %
Earnings / Share (12/31/18) $0.039
Earn Coverage 42.09%
Earnings Trend None
UNII / Share (12/31/18) $-0.015
Rel UNII -1.32
UNII Trend None
Bond Specific Data
Credit Rating (rbo)
Investment Grade None%
Non Investment Grade None%
Unrated Bonds None%
Average Bond Price 88.72
Discount vs Price -15.37
Coupon 5.04%
Zero Coupon 0.00%
AMT 6.20%
AMT Yield 4.85%
Bond Calls Risk None%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Municipal Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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