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RiverNorth Closed-End Funds Declare Monthly Distributions
Business Wire (Wed, 1-Apr 4:30 PM ET)
RiverNorth Flex Muni Income Fund II Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.
Rivernorth Flex Muni trades on the NYSE stock market under the symbol RFMZ.
As of April 24, 2026, RFMZ stock price climbed to $12.99 with 32,129 million shares trading.
RFMZ has a beta of 0.34, meaning it tends to be less sensitive to market movements. RFMZ has a correlation of 0.18 to the broad based SPY ETF.
RFMZ has a market cap of $316.33 million. This is considered a Small Cap stock.
In the last 3 years, RFMZ traded as high as $14.78 and as low as $11.28.
RFMZ has underperformed the market in the last year with a price return of +11.8% while the SPY ETF gained +31.9%. RFMZ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.6% and +0.5%, respectively, while the SPY returned +3.8% and +5.1%, respectively.
RFMZ support price is $12.83 and resistance is $13.05 (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 RFMZ shares will trade within this expected range on the day.
