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RiverNorth Closed-End Funds Declare Monthly Distributions
Business Wire (Wed, 1-Jul 4:30 PM ET)
Rivernorth Flexible Municipal Income trades on the stock market under the symbol RFM.
As of August 14, 2026, RFM stock price declined to $14.76 with 13,921 million shares trading.
RFM has a market cap of $90.25 million. This is considered a Micro Cap stock.
In the last 3 years, RFM traded as high as $16.54 and as low as $12.89.
RFM has underperformed the market in the last year with a price return of +14.0% while the SPY ETF gained +21.5%. RFM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.9% and +1.9%, respectively, while the SPY returned +4.0% and +3.9%, respectively.
RFM support price is $14.63 and resistance is $14.99 (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.