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RF

NYSE · RFMZ

RiverNorth Flexible Municipal Income Fund II, Inc.

Financial Services · Asset Management

$13.39

Up+$0.01 (+0.07%)

Updated Aug 14, 2026, 8:19 PM

SID Score

4.6/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
319.13M
P/E ratio
-22.19
Dividend yield
8.36%
52-week range
$12.30 – $13.70
Volume
22.88K
Avg. volume
104.31K

Price performance

RFMZ price history

1M range · 21 trading sessions · Daily adjusted prices

RFMZ closed at $13.39 after 21 trading sessions, down 1.25% for the selected period.

Last close
$13.39
Period change
-1.25%
Period low
$13.06
Period high
$13.56
Daily close
View OHLC price history
RFMZ OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Aug 13, 2026$13.33$13.45$13.3081$13.3922.88K
Aug 12, 2026$13.30$13.40$13.30$13.3635.11K
Aug 11, 2026$13.28$13.355$13.26$13.3037.3K
Aug 10, 2026$13.20$13.365$13.20$13.2870.36K
Aug 7, 2026$13.14$13.295$13.14$13.2349.42K
Aug 6, 2026$13.11$13.12$13.0701$13.1040.68K
Aug 5, 2026$13.12$13.295$13.03$13.0732.09K
Aug 4, 2026$13.08$13.2457$13.03$13.1160.29K
Aug 3, 2026$13.08$13.145$13.04$13.0862.27K
Jul 31, 2026$13.15$13.2212$13.04$13.0645.92K
Jul 30, 2026$13.18$13.19$13.04$13.1243.43K
Jul 29, 2026$13.13$13.26$13.08$13.1657.47K
Jul 28, 2026$13.12$13.19$13.10$13.1044.98K
Jul 27, 2026$13.25$13.31$13.115$13.1534.86K
Jul 24, 2026$13.18$13.34$13.16$13.1832.54K
Jul 23, 2026$13.30$13.39$13.1801$13.2161.46K
Jul 22, 2026$13.40$13.48$13.32$13.3276.02K
Jul 21, 2026$13.46$13.50$13.41$13.4344.55K
Jul 20, 2026$13.48$13.57$13.3605$13.4544.08K
Jul 17, 2026$13.56$13.5938$13.50$13.5024.38K
Jul 16, 2026$13.58$13.60$13.51$13.5619.03K

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RFMZ research

Overview

Company profile and research snapshot.

Company profile

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.

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seekingalpha.com · Dec 5, 2025

RFMZ: The Return Is Largely Return Of Capital

RiverNorth Flexible Municipal Income II aims to exploit CEF discounts in the municipal bond space but delivers sub-market, unattractive income. RFMZ's 7.9% distribution is misleading; only 3.16% is true income, with the rest being return of capital—well below competing muni funds. The fund's strategy of capturing CEF discount-to-NAV reversion has not worked in practice, as evidenced by persistently low real yields.

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