RIVERNORTH FLEX MUNI II (RFMZ) Stock Overview

Can you describe the business of RIVERNORTH FLEX MUNI II?

Rivernorth Flexible Municipal Income Fund II Inc is a US-based company operating in industry. The company is headquartered in West Palm Beach, Florida. The company went IPO on 2021-02-24. Rivernorth Flexible Municipal Income Fund II, Inc. is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from regular United States federal income taxes (but which may be includable in taxable income for purposes of the Federal alternative minimum tax). The Fund’s secondary investment objective is total return. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing, directly or indirectly, at least 80% of its managed assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular United States federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax (Municipal Bonds). The Fund’s investment adviser is RiverNorth Capital Management, LLC and the Fund’s sub-adviser is MacKay Shields, LLC.

Can you provide the latest stock price for RIVERNORTH FLEX MUNI II?

The current stock price of RFMZ is 12.9 USD. The price decreased by -0.08% in the last trading session.

What is the ChartMill rating of RIVERNORTH FLEX MUNI II stock?

RFMZ has a ChartMill Technical rating of 2 out of 10 and a ChartMill Fundamental rating of 1 out of 10.

Is RIVERNORTH FLEX MUNI II (RFMZ) stock a good buy?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on RFMZ.