RiverNorth Opportunistic Municipal Income Fund (RMI) Book Value

Price: $14.23
Market Cap: $90.71M
Avg Volume: 19.25K
Country: US
Industry: Financial - Conglomerates
Sector: Financial Services
Beta: 0.5880856
52W Range: $13.63-16.74
Website: RiverNorth Opportunistic Municipal Income Fund

What is RiverNorth Opportunistic Municipal Income Fund's Book Value?

  • RiverNorth Opportunistic Municipal Income Fund's annual Book Value is $109.85M.
  • RiverNorth Opportunistic Municipal Income Fund's quarterly Book Value is $109.85M.

What is Book Value?

Book Value represents the total value of a company's assets that shareholders would theoretically receive if a company were liquidated. It is calculated as the total assets minus intangible assets and total liabilities.

How is Book Value calculated?

Book Value is calculated using the following formula:

Book Value = Total Assets - Intangible Assets - Total Liabilities

Related Metrics

Other important metrics to assess RiverNorth Opportunistic Municipal Income Fund's financial health include:

  • Book Value per Share - measures the per-share value of a company based on its equity:
    • Annual: $17.23
    • Quarterly: $17.23
  • Tangible Book Value per Share - measures the per-share value of a company's tangible assets:
    • Annual: $17.23
    • Quarterly: $17.23

These metrics provide insights into RiverNorth Opportunistic Municipal Income Fund's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Book Value

$109.85M

Quarterly Book Value

$109.85M

RiverNorth Opportunistic Municipal Income Fund Historical Book Value
$160.00M$160.00M$120.00M$120.00M$80.00M$80.00M$40.00M$40.00M$0.00$0.00Book Value202020202021202120222022202320232024202420252025
Historical Book Value per Share
$30.00$30.00$24.00$24.00$18.00$18.00$12.00$12.00$6.00$6.00$0.00$0.00Book Value per Share202020202021202120222022202320232024202420252025
Historical Tangible Book Value per Share
$30.00$30.00$24.00$24.00$18.00$18.00$12.00$12.00$6.00$6.00$0.00$0.00Tangible Book Value per Share202020202021202120222022202320232024202420252025

RiverNorth Opportunistic Municipal Income Fund Historical Financial Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Book Value Book Value Change Book Value per Share Tangible Book Value per Share
2023 $109.85M 0.46% 17.23 17.23
2022 $109.35M -3.43% 17.15 17.15
2021 $113.23M -27.06% 17.77 17.77
2020 $155.23M 9.36% 24.36 24.36
2019 $141.94M -1.85% 22.27 22.27
2018 $144.62M N/A 22.67 22.67

Related Metrics

Explore detailed financial metrics and analysis for RMI.

Financial Analysis
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