RiverNorth Opportunistic Municipal Income Fund Inc. Common Stock (RMI)

FairStock Score: 22/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am looking at RiverNorth Opportunistic Municipal Income Fund Inc., a small financial-services fund with a $96.6 million market cap. Its name tells me it seeks municipal income, but the data do not give me revenue, profit growth, ROE, ROCE, debt-to-equity, or P/B. I cannot judge its competitive moat or growth trajectory from the record; FairStock notes only zero years of filed results, so a Lynch category cannot be assigned. What I can see is a split picture. At the close on 2026-10-13, the price was $13.64. FairStock's P/E is 7.54, and its Graham Number is $25.66, implying a 46.84% margin of safety. The dividend yield is 7.82%, and the stock sits near the bottom of its 52-week range of $13.11 to $16.36. Those are the marks of a potentially cheap income security. But the quality signals are troubling. FairStock's Piotroski F-Score is 0/9, its Altman Z-Score is 0.83, and its FairStock Score is only 22/100. Those suggest weak financial health or distress risk. Without multi-year filings, I cannot tell whether the distribution is covered, whether net asset value is stable, or whether the low price reflects opportunity or deterioration. Graham would demand a margin of safety, but he would also demand reliable figures. Here the apparent discount is large, yet the evidence base is thin and the health scores are poor. I would treat this as a speculative income situation, not a high-quality compounder, and wait for more filed history before trusting the discount.

In plain English: This is a municipal income fund that trades like a stock. Its financial-health scores look weak and it has very little filed history, but the price is well below a simple value estimate and the dividend yield is high. Overall, it looks like a high-yield, higher-risk income fund rather than a strong business.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer