RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ)
| Market Value | 314.87M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 24.35M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.03 (8.03%) |
| Ex-Dividend Date | Sep 15, 2025 |
| Volume | 45,498 |
| Open | 12.85 |
| Previous Close | 12.84 |
| Day's Range | 12.85 - 12.96 |
| 52-Week Range | 11.76 - 14.65 |
| Beta | 0.73 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About RFMZ
RiverNorth Flexible Municipal Income Fund II, Inc. operates as a closed-end management investment fund company. The Fund’s primary investment objective is current income exempt from regular U.S. federal income taxes and secondary investment objective is total return. The company was founded in June 11, 2020 and is headquartered in West Palm Beach, FL. [Read more]
News
RFMZ: Discount Narrows Making It Less Appealing
RFMZ offers exposure to both muni CEFs and individual bonds, but high leverage and layered fees limit its appeal for municipal bond investors. The fund's managed distribution policy boosts yield, but ...
RFMZ: Successful Swap, Remains An Interesting Choice
RiverNorth Flexible Municipal Income Fund II (RFMZ) offers exposure to individual municipal bonds and muni bond-focused CEFs, managed by MacKay Shields and RiverNorth. The fund's high leverage and fee...
The Dirty Dozen CEFs From 2021: A Summary
In 2021, a dozen closed-end funds, or CEFs, were launched, but none of them performed well, with all of them experiencing negative total returns since inception. The CEFs trade at wide discounts to NA...
RMM And RFMZ: A Swap Makes Sense
RiverNorth Capital Management offers several closed-end funds with municipal bond exposure, presenting an opportunity for swap trades. RMM is trading at a narrow discount on an absolute and relative b...
RFMZ: The Latest Offering From RiverNorth, Wait For Better Opportunity
RiverNorth has been busy in the last few years offering new funds; RFMZ is the latest effort they've brought to market. This one is another similar hybrid municipal bond fund approach to the others th...
2 New Closed-End Funds In The Pipeline
Today, I wanted to go over two funds that should tentatively be launching in the future. The fund sponsors have filed with the SEC forms N-2 - this is a file to register new offerings, secondary offer...
RiverNorth Flexible Municipal Income Fund II, Inc. Announces the Approval of a 6.00% Level Distribution Policy and the Declaration of Monthly Distributions of $0.10 Per Share
CHICAGO--(BUSINESS WIRE)--RiverNorth Flexible Municipal Income Fund II, Inc. (the “Fund”) (NYSE: RFMZ) announced that its Board of Directors (the “Board”) has approved a 6.00% level distribution polic...