RFMZ
Price:
$12.89
Market Cap:
$313.89M
RiverNorth Flexible Municipal Income Fund II, Inc. operates as a closed-end management investment fund company. The Fund’s primary investment objective is current income exempt from regular U.S. federal income taxes and secondary investment objective is total return. The company was founded in June 11, 2020 and is headquartered in West Palm Beach, FL.
Industry
Asset Management
IPO Date
2021-02-24
Stock Exchange
NYSE
Ticker
RFMZ
According to RiverNorth Flexible Municipal Income Fund II, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 554.57M. This represents a change of 130.73% compared to the average of 240.35M of the last 4 quarters.
The mean historical Enterprise Value of RiverNorth Flexible Municipal Income Fund II, Inc. over the last ten years is 496.37M. The current 554.57M Enterprise Value has changed 11.07% with respect to the historical average. Over the past ten years (40 quarters), RFMZ's Enterprise Value was at its highest in in the June 2022 quarter at 245.21M. The Enterprise Value was at its lowest in in the December 2021 quarter at 209.19M.
Average
496.37M
Median
577.32M
Minimum
173.47M
Maximum
599.00M
Discovering the peaks and valleys of RiverNorth Flexible Municipal Income Fund II, Inc. Enterprise Value, 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 = 245.32%
Maximum Annual Enterprise Value = 599.00M
Minimum Annual Increase = -5.69%
Minimum Annual Enterprise Value = 173.47M
| Year | Enterprise Value | Change |
|---|---|---|
| 2025 | 544.45M | -5.69% |
| 2024 | 577.32M | -1.75% |
| 2023 | 587.63M | -1.90% |
| 2022 | 599.00M | 245.32% |
The current Enterprise Value of RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
569.80M
5-year avg
496.37M
10-year avg
496.37M
RiverNorth Flexible Municipal Income Fund II, Inc.’s Enterprise Value is greater than BlackRock California Municipal Income Trust (536.36M), greater than Artisan Sustainable Emerging Markets Fund - Investor Shares (0), greater than Rivernorth Managed Duration Municipal Income Fund Inc. (461.93M), greater than Artisan Value Fund Inv Shs (0), less than Virtus SGA International Growth Fund Class I (0), greater than Virtus Total Return Fund Inc. (462.89M), greater than Angel Oak Financial Strategies Income Term Trust (463.15M), greater than T. Rowe Price Japan (0), greater than T. Rowe Price Credit Opportunities Fund, Inc. (0), greater than Calamos Long/Short Equity & Dynamic Income Term Trust (412.03M),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 536.36M | $327.09M | |
| 0 | $317.45M | |
| 461.93M | $275.37M | |
| 0 | $319.74M | |
| 0 | $316.96M | |
| 462.89M | $300.84M | |
| 463.15M | $331.51M | |
| 0 | $311.58M | |
| 0 | $326.07M | |
| 412.03M | $292.03M |
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What is the Enterprise Value?
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What is RiverNorth Flexible Municipal Income Fund II, Inc.'s Enterprise Value?
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How does the current Enterprise Value for RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) compare to its historical average?