Rivernorth Opportunistic Municipal Income Fund, Inc. Announces Monthly Dividend for December 2018, January 2019, February 2019, and March 2019, Payable on December 28, 2018, January 31, 2019, February 28, 2019 and March 29, 2019 Respectively
November 21, 2018 at 09:15 pm
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RiverNorth Opportunistic Municipal Income Fund, Inc. announced that its Board of Directors has approved a 5.50% level distribution policy effective December 1, 2018. Accordingly, the fund is declaring monthly distributions for December 2018, January 2019, February 2019, and March 2019. The board has approved the distributions of $0.0917 per share of common stock, payable to the fund’s stockholders on December 28, 2018, January 31, 2019, February 28, 2019 and March 29, 2019 respectively. Record of December 12, 2018, January 17, 2019, February 14, 2019 and March 14, 2019 respectively.
Rivernorth Opportunistic Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fundâs primary investment objective is to seek current income exempt from regular United States federal income taxes. The Fundâs secondary investment objective is total return. The Companyâs investment strategy includes Tactical Municipal Closed-End Fund (CEF) Strategy and Municipal Bond Income Strategy. The Tactical Municipal CEF Strategy typically invests in municipal CEFs and exchange-traded funds (ETFs) and other investment companies. The Municipal Bond Income Strategy primarily invests in municipal bonds of any credit quality, including securities that are rated below investment grade. The Fundâs investment adviser is RiverNorth Capital Management, LLC. The Fundâs sub-adviser is MacKay Shields, LLC.
Rivernorth Opportunistic Municipal Income Fund, Inc. Announces Monthly Dividend for December 2018, January 2019, February 2019, and March 2019, Payable on December 28, 2018, January 31, 2019, February 28, 2019 and March 29, 2019 Respectively
RIVERNORTH OPPORTUNISTIC MUNICIPAL INCOME FUND, INC. 
