Equities

RiverNorth Flexible Municipal Income II

RFMZ:NYQ

RiverNorth Flexible Municipal Income II

Actions
  • Price (USD)13.66
  • Today's Change-0.02 / -0.15%
  • Shares traded52.91k
  • 1 Year change+0.44%
  • Beta--
Data delayed at least 15 minutes, as of May 31 2024 00:00 BST.
More ▼
Improved Notifications for Markets Data Alerts
Improved Notifications for Markets Data Alerts
Want push notifications sent directly to your devices for equity price changes and breaking news stories? Let us know here.
 
Existing alertsView our existing alerts
Find More Stocks
Find More Stocks
Use our equities screener to discover other potential opportunities.
 
Equities ScreenerGo to the Equities Screener

Profile data is unavailable for this security.

About the company

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 U.S. federal income taxes. 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. The Fund’s investment adviser is RiverNorth Capital Management, LLC and sub-adviser is MacKay Shields, LLC.

  • Revenue in USD (TTM)25.31m
  • Net income in USD23.99m
  • Incorporated2020
  • Employees--
  • Location
    RiverNorth Flexible Municipal Income II360 S. Rosemary Ave, Suite 1420WEST PALM BEACH 33401United StatesUSA
  • Phone+1 (312) 445-2251
More ▼

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Blackrock Muniholdings New York Qulty Fd-100.00bn-100.00bn319.35m--------------------------------------------------------------
Vado Corp16.08m-9.01m319.36m52.00------19.86-0.0495-0.04950.0882-0.06343.64--4.15309,168.30-204.20-358.10----24.84---56.07-55.37---1.87------301.96-24,275.40---5.45--
Abrdn Global Premier Properties Fund-100.00bn-100.00bn320.28m--------------------------------------------------------------
Blackrock Muniyield Michign Qulty Fd Inc-100.00bn-100.00bn320.35m--------------------------------------------------------------
Nabors Energy Transition Corp II-100.00bn-100.00bn321.47m----1.31----------8.07----------------------------0.0098--------------
Cohen and Strs Clsd nd pprtnty Fnd nc13.42m34.10m322.84m0.009.461.08--24.061.241.240.487310.820.0455--11.47--11.56--11.58--79.31--254.16------0.00---17.64--149.30------
Nuveen New York Quality Muncpl Incm Fund-100.00bn-100.00bn328.57m--------------------------------------------------------------
Inflection Point Acquisition Corp II0.009.67m329.69m--34.841.32112.94--0.30280.30280.007.970.00------7.36--7.38--------------0.00--------------
Pimco Income Strategy Fund-100.00bn-100.00bn330.17m--------------------------------------------------------------
Ares Dynamic Credit Allocation Fund Inc50.44m56.35m332.72m--5.901.00--6.602.462.462.2014.490.0986------11.01--11.63--75.03--111.72------0.3605--14.87--222.23------
RiverNorth Flexible Mncpl Inm Fnd II Inc25.31m23.99m334.35m--13.930.8903--13.210.98530.98531.0415.420.0407--7.37--3.85--3.90--29.83--94.80------0.3891--20.12--116.72------
Stellus Capital Investment Corp107.77m25.95m334.86m0.0012.731.04--3.111.091.094.6713.410.1174--132.13--2.832.982.873.0445.8045.4124.0831.16--2.560.6501111.7040.9214.7220.99-7.72----
Putnam Premier Income Trust25.13m18.03m336.74m0.0018.580.9027--13.400.18730.18730.26223.860.0298--0.2493--2.14-0.07713.40-0.110187.8385.7671.73-2.64--6.220.00--1.28-7.53104.67-51.59--0.1287
abrdn Income Credit Strategies Fund-100.00bn-100.00bn349.14m--------------------------------------------------------------
Eaton Vance Floating-Rate Income Trust-100.00bn-100.00bn350.31m0.00------------------------------------------------------------
Data as of May 31 2024. Currency figures normalised to RiverNorth Flexible Municipal Income II's reporting currency: US Dollar USD

Institutional shareholders

15.96%Per cent of shares held by top holders
HolderShares% Held
Stifel Nicolaus & Co., Inc. (Investment Management)as of 31 Mar 2024758.94k3.12%
UBS Financial Services, Inc.as of 31 Mar 2024634.85k2.61%
Rockefeller & Co. LLCas of 31 Mar 2024619.44k2.54%
Karpus Management, Inc.as of 31 Mar 2024596.86k2.45%
RBC Capital Markets LLC (Investment Management)as of 31 Mar 2024293.00k1.20%
Wells Fargo Clearing Services LLCas of 31 Mar 2024265.48k1.09%
Thomas J. Herzfeld Advisors, Inc.as of 31 Mar 2024226.34k0.93%
Parametric Portfolio Associates LLCas of 31 Mar 2024212.73k0.87%
Corient Private Wealth LLCas of 31 Mar 2024147.76k0.61%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Mar 2024131.02k0.54%
More ▼
Data from 31 Mar 2024 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.