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RiverNorth Closed-End Funds Declare Monthly Distributions
Business Wire (Wed, 1-Oct 5:00 PM ET)
Rivernorth Flexible Municipal Income trades on the stock market under the symbol RFM.
As of December 26, 2025, RFM stock price declined to $13.95 with 50,134 million shares trading.
RFM has a beta of 0.19, meaning it tends to be less sensitive to market movements. RFM has a correlation of 0.08 to the broad based SPY ETF.
RFM has a market cap of $85.30 million. This is considered a Micro Cap stock.
In the last 3 years, RFM traded as high as $16.81 and as low as $12.89.
RFM has underperformed the market in the last year with a price return of +0.7% while the SPY ETF gained +16.0%. RFM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.9% and -1.7%, respectively, while the SPY returned +4.7% and +0.7%, respectively.
RFM support price is $13.92 and resistance is $14.10 (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.
