RiverNorth Flexible Municipal Income Fund declares $0.0881 dividend
Seeking Alpha News (Thu, 1-Oct 9:22 PM ET)
RiverNorth Closed-End Funds Declare Monthly Distributions
Business Wire (Thu, 1-Oct 4:30 PM ET)
Rivernorth Flexible Municipal Income trades on the stock market under the symbol RFM.
As of October 5, 2026, RFM stock price declined to $12.78 with 22,786 million shares trading.
RFM has a beta of 0.40, meaning it tends to be less sensitive to market movements. RFM has a correlation of 0.21 to the broad based SPY ETF.
RFM has a market cap of $78.15 million. This is considered a Micro Cap stock.
In the last 3 years, RFM traded as high as $16.54 and as low as $12.52.
RFM has underperformed the market in the last year with a price return of -4.2% while the SPY ETF gained +16.9%. RFM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.2% and -5.3%, respectively, while the SPY returned +4.3% and +1.7%, respectively.
RFM support price is $12.85 and resistance is $13.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RFM shares will trade within this expected range on the day.
