RiverNorth Opportunistic Municipal Income Fund (NYSE:RMI) Insider Financial Holdings Rivernorth Acquires 3,941 Shares of Stock

Posted by Bonnie Powley on Dec 24th, 2025

RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI – Get Free Report) insider Financial Holdings Rivernorth purchased 3,941 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were bought at an average price of $14.47 per share, with a total value of $57,026.27. Following the purchase, the insider directly owned 84,454 shares of the company’s stock, valued at approximately $1,222,049.38. The trade was a 4.89% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Financial Holdings Rivernorth also recently made the following trade(s):

On Thursday, December 18th, Financial Holdings Rivernorth purchased 5,058 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were purchased at an average price of $14.46 per share, for a total transaction of $73,138.68.
On Monday, November 24th, Financial Holdings Rivernorth acquired 5,558 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was acquired at an average cost of $14.48 per share, for a total transaction of $80,479.84.
On Monday, November 17th, Financial Holdings Rivernorth bought 6,642 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were acquired at an average cost of $14.54 per share, with a total value of $96,574.68.
On Friday, November 14th, Financial Holdings Rivernorth purchased 7,045 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was acquired at an average price of $14.50 per share, for a total transaction of $102,152.50.
On Thursday, November 13th, Financial Holdings Rivernorth acquired 3,664 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were acquired at an average cost of $14.60 per share, for a total transaction of $53,494.40.
On Tuesday, November 11th, Financial Holdings Rivernorth bought 1,657 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were bought at an average price of $14.65 per share, for a total transaction of $24,275.05.
On Monday, November 10th, Financial Holdings Rivernorth purchased 1,301 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were bought at an average cost of $14.54 per share, for a total transaction of $18,916.54.
On Friday, November 7th, Financial Holdings Rivernorth acquired 6,857 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were bought at an average cost of $14.51 per share, for a total transaction of $99,495.07.
On Wednesday, November 5th, Financial Holdings Rivernorth purchased 1,226 shares of RiverNorth Opportunistic Municipal Income Fund stock. The stock was purchased at an average price of $14.67 per share, for a total transaction of $17,985.42.
On Tuesday, November 4th, Financial Holdings Rivernorth acquired 6,857 shares of RiverNorth Opportunistic Municipal Income Fund stock. The shares were purchased at an average cost of $14.69 per share, with a total value of $100,729.33.

RiverNorth Opportunistic Municipal Income Fund Stock Performance

Shares of RMI stock opened at $14.43 on Wednesday. RiverNorth Opportunistic Municipal Income Fund, Inc. has a fifty-two week low of $13.63 and a fifty-two week high of $15.84. The business has a fifty day simple moving average of $14.56 and a 200-day simple moving average of $14.35.

RiverNorth Opportunistic Municipal Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a dividend of $0.0945 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend is Monday, December 15th.

Hedge Funds Weigh In On RiverNorth Opportunistic Municipal Income Fund

Several institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its stake in RiverNorth Opportunistic Municipal Income Fund by 35.6% in the 4th quarter. Bank of America Corp DE now owns 2,440 shares of the company’s stock worth $37,000 after acquiring an additional 640 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of RiverNorth Opportunistic Municipal Income Fund by 17.0% during the second quarter. Osaic Holdings Inc. now owns 15,909 shares of the company’s stock worth $227,000 after purchasing an additional 2,315 shares during the last quarter. Arlington Capital Management Inc. acquired a new position in RiverNorth Opportunistic Municipal Income Fund in the third quarter valued at $253,000. River Street Advisors LLC acquired a new stake in RiverNorth Opportunistic Municipal Income Fund in the 2nd quarter worth about $294,000. Finally, Plancorp LLC acquired a new position in shares of RiverNorth Opportunistic Municipal Income Fund during the 3rd quarter valued at about $308,000.

RiverNorth Opportunistic Municipal Income Fund Company Profile

(Get Free Report)

RiverNorth Opportunistic Municipal Income Fund (NYSE:RMI) is a closed-end management investment company that seeks to deliver tax-exempt income through diversified exposure to U.S. municipal securities. The fund is structured as a non-diversified, interval fund and primarily caters to investors pursuing high-quality, tax-advantaged income from state and local government obligations.

RMI employs an opportunistic, value-oriented investment process, focusing on both traditional investment-grade bonds and specialized niches within the municipal market.