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RiverNorth Closed-End Funds Declare Monthly Distributions
Business Wire (Fri, 2-Jan 4:30 PM ET)
Rivernorth Flexible Municipal Income trades on the stock market under the symbol RFM.
As of January 16, 2026, RFM stock price climbed to $14.21 with 22,410 million shares trading.
RFM has a beta of 0.15, meaning it tends to be less sensitive to market movements. RFM has a correlation of 0.05 to the broad based SPY ETF.
RFM has a market cap of $86.89 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 return of +0.9%, while the SPY ETF gained +18.1%. In the last 3 month period, RFM fell short of the market, returning 0.0%, while SPY returned +5.0%. However, in the most recent 2 weeks RFM has outperformed the stock market by returning +1.8%, while SPY returned +1.2%.
RFM support price is $14.09 and resistance is $14.29 (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.
