Investor Losses Easterly Rocmuni High Income Municipal Bond Fund (RMHIX)

Silver Law Group is investigating potential claims to recover losses for Easterly ROCMuni High Income Municipal Bond Fund (RMHIX) investors. The fund has lost over 50% of its value in 2025, sustaining the majority of losses in the past few months.

According to Easterly’s website, the fund employs “a tax-efficient, high-yield municipal bond strategy that focuses on delivering yield-driven total returns.” Other materials distributed by the fund claim the fund relies “mostly on fundamental credit analysis by building a diversified high-yield portfolio focusing on overlooked and under-appreciated sectors of the high-yield municipal bond market.”

Lawsuit Against Fund And Its Managers Alleges Federal Securities Laws Violations

A lawsuit filed in the Southern District of New York in July 2025 alleges that the fund and its principals and mangers violated federal securities laws. Amongst other allegations, the Complaint states:

Defendants made “materially false and misleading statements and omissions in the offering materials.”
“[T]he Fund had marked tens of millions of dollars’ worth of tis portfolio assets at artificially inflated prices that did not reasonably reflect the fair value of those assets.”
“[T]he Fund had implemented a fundamentally flawed pricing and valuation methodology which had systematically inflated the Fund’s NAV and individual asset valuations.”
“[T]he Fund was more heavily invested in illiquid assets than disclosed in the Offering Materials.”
“[T]he Fund’s assets were more closely correlated and less diversified than disclosed in the Offering Materials.”

Brokerage Firms Stifel Nicolaus & Company And Osaic Wealth, Amongst Potential Others, Sold This Flawed Product

Investors may have claims against their brokerage firms and/or financial advisors for selling them Easterly ROCMuni High Income Municipal Bond Fund.

FINRA and SEC rules and regulations require brokers to act in their clients’ best interest and have a reasonable basis to recommend bond funds like this, amongst other investments. Amongst other factors, brokers must consider a their clients’ investment objectives, liquidity needs, tax status, and risk tolerance.

Let Silver Law Group Help Recover Your Losses

If you or someone you know lost money investing in Easterly ROCMuni High Income Municipal Bond Fund, contact Silver Law Group today to discuss your options. Our team of passionate advocates for victims of financial misconduct may be able to help.

Call Silver Law Group toll free at (800) 975-4345, email ssilver@silverlaw.com, or visit us at www.securitiesfraudattorneys.com for a free and confidential consultation. Most cases are handled on a contingency fee basis, meaning you won’t owe us any money unless and until we recover for you. Your consultation is also free and confidential.