RiverNorth Opportunistic Municipal Income Fund Announces $6.1M Share Purchase by RiverNorth Financial Holdings.
ByAinvest
Thursday, Oct 16, 2025 6:27 pm ET1min read
RMI--
The total number of shares now owned by RiverNorth Financial Holdings, LLC in RMI is 6,281, making it a significant stakeholder in the fund. The acquisitions are part of the company's strategic approach to invest in municipal income opportunities, aligning with its mission to generate consistent, risk-adjusted returns for its investors.
RiverNorth Financial Holdings, LLC has filed the necessary SEC Form 4 to disclose these transactions, ensuring transparency and compliance with regulatory requirements.
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) has recently disclosed that RiverNorth Financial Holdings, LLC has acquired 4,138 shares of the company at a price of $14.74 per share on October 15, 2025.
RiverNorth Financial Holdings, LLC, a 10% owner and director of RiverNorth Opportunistic Municipal Income Fund (RMI), has recently acquired an additional 4,138 shares of the fund, according to a TradingView report https://www.tradingview.com/news/tradingview:ac34169e0065e:0-rivernorth-financial-holdings-llc-acquires-shares-of-rivernorth-opportunistic-municipal-income-fund/. The transaction took place on October 15, 2025, with each share purchased at a price of $14.74. This latest acquisition follows a prior purchase of 2,143 shares on October 13 and 14, 2025, at prices of $14.6534 and $14.6823 per share, respectively, amounting to a total purchase amount of $31,438.The total number of shares now owned by RiverNorth Financial Holdings, LLC in RMI is 6,281, making it a significant stakeholder in the fund. The acquisitions are part of the company's strategic approach to invest in municipal income opportunities, aligning with its mission to generate consistent, risk-adjusted returns for its investors.
RiverNorth Financial Holdings, LLC has filed the necessary SEC Form 4 to disclose these transactions, ensuring transparency and compliance with regulatory requirements.

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