RiverNorth Flexible Municipal Income Fund (RFM) vs RiverNorth Opportunistic Municipal Income Fund (RMI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
RiverNorth Opportunistic Municipal Income Fund (RMI) has outperformed RiverNorth Flexible Municipal Income Fund (RFM) over the past year, losing 6.0% versus a loss of 11.2%. Over five years, RMI leads with a -39.5% price change compared with -45.8% for RFM. RiverNorth Opportunistic Municipal Income Fund is the larger company by market cap ($87.3 million vs $78.3 million), about 1.1 times the size.
On valuation, RiverNorth Flexible Municipal Income Fund trades at a lower trailing P/E (7.2x vs 7.6x for RiverNorth Opportunistic Municipal Income Fund).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | RFM | RMI |
|---|---|---|
| Share price | $12.81 | $13.69 |
| Market cap | $78.33M | $87.27M |
| 1-day change | -0.31% | +0.15% |
| YTD return | -8.30% | -4.33% |
| 1-year return | -11.17% | -5.98% |
| 5-year return | -45.81% | -39.48% |
| P/E ratio (TTM) | 7.20 | 7.56 |
| EPS (TTM) | $1.78 | $1.81 |
| Dividend yield | 8.25% | 7.79% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $15.03 | $16.36 |
| 52-week low | $12.52 | $13.11 |
| Distance from 52-week high | -14.77% | -16.32% |
| Average volume | 16.50K | 20.28K |
| Shares outstanding | 6.11M | 6.37M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
RFM vs RMI FAQ
Which is bigger, RiverNorth Flexible Municipal Income Fund or RiverNorth Opportunistic Municipal Income Fund?
RiverNorth Opportunistic Municipal Income Fund (RMI) is larger, with a market capitalization of $87.27M compared with $78.33M for RiverNorth Flexible Municipal Income Fund (RFM).
Which stock has performed better over the past year, RFM or RMI?
RMI returned -5.98% over the past 12 months, compared with -11.17% for RFM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, RFM or RMI?
RFM has the lower trailing P/E at 7.2, versus 7.6 for RMI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, RiverNorth Flexible Municipal Income Fund or RiverNorth Opportunistic Municipal Income Fund?
RiverNorth Flexible Municipal Income Fund has the higher yield at 8.25%, compared with 7.79% for RiverNorth Opportunistic Municipal Income Fund.
Are RiverNorth Flexible Municipal Income Fund and RiverNorth Opportunistic Municipal Income Fund in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.