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RiverNorth Flexible Municipal Income Fund II Inc (RFMZ)



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Upturn Advisory Summary
09/11/2025: RFMZ (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit 13.76% | Avg. Invested days 62 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 304.64M USD | Price to earnings Ratio 13.31 | 1Y Target Price - |
Price to earnings Ratio 13.31 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 11.52 - 14.15 | Updated Date 06/29/2025 |
52 Weeks Range 11.52 - 14.15 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 8.23% | Basic EPS (TTM) 0.94 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE 13.31 | Forward PE - | Enterprise Value - | Price to Sales(TTM) 13.29 |
Enterprise Value - | Price to Sales(TTM) 13.29 | ||
Enterprise Value to Revenue 23.9 | Enterprise Value to EBITDA - | Shares Outstanding 24351800 | Shares Floating - |
Shares Outstanding 24351800 | Shares Floating - | ||
Percent Insiders 9.78 | Percent Institutions 25.03 |
Upturn AI SWOT
RiverNorth Flexible Municipal Income Fund II Inc
Company Overview
History and Background
RiverNorth Flexible Municipal Income Fund II Inc. (RFMZ) is a closed-end management investment company. It was formed to seek high current income with a secondary objective of capital appreciation by investing in a portfolio of municipal securities. Founding year is not explicitly available but the fund is relatively recent compared to larger players. Significant milestones involve NAV performance and distribution rates. It evolves with changes in municipal bond markets.
Core Business Areas
- Municipal Bond Investments: RFMZ invests primarily in municipal securities, which are debt obligations issued by states, cities, and other local governments. The fund seeks to generate income by selecting a diversified portfolio of these bonds.
Leadership and Structure
The fund is managed by RiverNorth Capital Management, LLC. Specific details on the leadership team and organizational structure are not readily available publicly beyond its status as a closed-end fund.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: RFMZ offers investors access to a professionally managed portfolio of municipal bonds, aiming to provide income and potential capital appreciation. Market share data specific to RFMZ's offering is difficult to determine precisely within the broader municipal bond fund landscape. Competitors include other municipal bond funds and ETFs.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors such as interest rates, credit ratings of issuers, and overall economic conditions. Demand for municipal bonds is often driven by tax advantages offered to investors.
Positioning
RFMZ aims to differentiate itself by offering a flexible approach to municipal bond investing. Competitive advantages could include RiverNorth's investment expertise and active management style.
Total Addressable Market (TAM)
The total municipal bond market is valued in the trillions of dollars. RFMZ is positioned within this vast market, competing for investor capital seeking tax-advantaged income.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Diversified Municipal Bond Portfolio
- Potential for Tax-Advantaged Income
- Active Management
Weaknesses
- Closed-End Fund Structure (potential discount to NAV)
- Sensitivity to Interest Rate Changes
- Management Fees
- Relatively Small AUM compared to Larger Competitors
Opportunities
- Rising Interest Rate Environment (potentially higher yields)
- Increased Demand for Tax-Advantaged Investments
- Expansion of Fund's Investment Mandate
- Attracting New Investors through Marketing Efforts
Threats
- Economic Downturn (potential credit defaults)
- Changes in Tax Laws (reduced tax benefits)
- Increased Competition from Other Municipal Bond Funds
- Interest Rate Volatility
Competitors and Market Share
Key Competitors
- MUB
- VTEB
- ITM
- HYD
Competitive Landscape
RFMZ competes in the municipal bond fund space. Its advantages include RiverNorth's expertise and active management. Disadvantages include smaller AUM and potential discount to NAV.
Growth Trajectory and Initiatives
Historical Growth: RFMZ's growth trends are assessed based on its asset growth, investment performance, and ability to attract new investors.
Future Projections: Analyst estimates for RFMZ's future growth are generally unavailable given the fund's specific nature and size. Projections would depend on market conditions and investment strategy.
Recent Initiatives: Recent strategic initiatives for RFMZ would involve adjustments to its portfolio allocation, expense management, and investor outreach efforts.
Summary
RiverNorth Flexible Municipal Income Fund II Inc. seeks to generate high current income through municipal bond investments. Its strength lies in the expertise of its management team and active management approach, however smaller AUM compared to giants such as MUB and VTEB makes it sensitive to market volatility. RFMZ needs to carefully watch the interest rates and adjust the investment strategies to stay ahead. Monitoring tax law changes will be essential to protect investor benefits.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Financial News Outlets
- Investment Fund Research Websites
- Competitor Analysis
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions and investment strategies are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About RiverNorth Flexible Municipal Income Fund II Inc
Exchange NYSE | Headquaters Chicago, IL, United States | ||
IPO Launch date 2021-02-24 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website |
Full time employees - | Website |

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