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RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) 6-Month Price Index : 1.04 (As of May. 24, 2024)


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What is RiverNorth Opportunistic Municipalome Fund, 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-24), RiverNorth Opportunistic Municipalome Fund,'s 6-Month Price Index is 1.04.

Competitive Comparison of RiverNorth Opportunistic Municipalome Fund,'s 6-Month Price Index

For the Asset Management subindustry, RiverNorth Opportunistic Municipalome Fund,'s 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

RiverNorth Opportunistic Municipalome Fund,  (NYSE:RMI) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RiverNorth Opportunistic Municipalome Fund,  (NYSE:RMI) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

RiverNorth Opportunistic Municipalome Fund, 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of RiverNorth Opportunistic Municipalome Fund,'s 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI) » Definitions » 6-Month Price Index
Comparable Companies
PCM NMT WNLV SRV TPZ WHG IHD NMI NXG BCV BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
Website
https://www.rivernorth.com
RiverNorth Opportunistic Municipal Income Fund, Inc. is a diversified, closed-end management investment company. Its investment objective is to seek current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
Executives
Stephen Andrew O'neill other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Patrick W. Galley director, officer: President 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Scott Sprauer other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John J Lawlor other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert A Dimella other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Brian H Schmucker other: Officer of Investment Adviser 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Capital Management, Llc other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Michael Petty other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
David Dowden other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
Mackay Shields Llc other: Sub-Adviser 1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
Jonathan M. Mohrhardt other: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Marcus L Collins other: Secretary and CCO 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Robert Patrick Burke other: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) Headlines

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