RiverNorth Flexible Municipal Income Fund, Inc.

RiverNorth Flexible Municipal Income Fund, Inc.verified

RFM

Price:

$14.32

Market Cap:

$87.56M

Rivernorth Flexible Municipal Income Fund, Inc. is a closed-end investment management company. Its investment objective is current income exempt from regular U.S. federal income taxes. The company was founded in 2019 and is headquartered in West Palm Beach, FL.

Industry

Asset Management - Income

IPO Date

2020-03-27

Stock Exchange

NYSE

Ticker

RFM

The Current Ratio as of April 2026 (TTM) for RiverNorth Flexible Municipal Income Fund, Inc. (RFM) is 0.27

According to RiverNorth Flexible Municipal Income Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.27. This represents a change of 99.85% compared to the average of 0.13 of the last 4 quarters.

RiverNorth Flexible Municipal Income Fund, Inc. (RFM) Historical Current Ratio (quarterly & annually)

How has RFM Current Ratio performed in the past?

The mean historical Current Ratio of RiverNorth Flexible Municipal Income Fund, Inc. over the last ten years is 0.07. The current 0.27 Current Ratio has changed 39.90% with respect to the historical average. Over the past ten years (40 quarters), RFM's Current Ratio was at its highest in in the June 2025 quarter at 0.27. The Current Ratio was at its lowest in in the December 2025 quarter at 0.00.

Quarterly (TTM)
Annual

Average

0.07

Median

0

Minimum

0

Maximum

0.27

RiverNorth Flexible Municipal Income Fund, Inc. (RFM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of RiverNorth Flexible Municipal Income Fund, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Current Ratio = 0.27

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.27Infinity%
202200%
202100%

RiverNorth Flexible Municipal Income Fund, Inc. (RFM) Average Current Ratio

How has RFM Current Ratio performed in the past?

The current Current Ratio of RiverNorth Flexible Municipal Income Fund, Inc. (RFM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.09

5-year avg

0.07

10-year avg

0.07

RiverNorth Flexible Municipal Income Fund, Inc. (RFM) Current Ratio vs. Peers

How is RFM’s Current Ratio compared to its peers?

RiverNorth Flexible Municipal Income Fund, Inc.’s Current Ratio is less than Virtus Global Multi-Sector Income Fund (0.70), less than RiverNorth Opportunistic Municipal Income Fund, Inc. (4.51), greater than Federated Hermes Premier Municipal Income Fund (0), less than PIMCO Global StocksPLUS & Income Fund (0.70), less than Destra Multi-Alternative Fund (1.35), less than Voya Asia Pacific High Dividend Equity Income Fund (43.04), greater than WesMark West Virginia Municipal Bond Fund (0.11), greater than LSV Global Value Fund (0), less than Nuveen Minnesota Quality Municipal Income Fund (163.21), greater than Pear Tree Polaris Small Cap Fund (0),

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