RiverNorth Flexible Municipal Income Fund II, Inc.

RiverNorth Flexible Municipal Income Fund II, Inc.verified

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

The ROE as of December 2025 (TTM) for RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) is -3.94%

According to RiverNorth Flexible Municipal Income Fund II, Inc.’s latest financial reports and current stock price. The company's current ROE is -3.94%. This represents a change of -Infinity% compared to the average of 0% of the last 4 quarters.

RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) Historical ROE (quarterly & annually)

How has RFMZ ROE performed in the past?

The mean historical ROE of RiverNorth Flexible Municipal Income Fund II, Inc. over the last ten years is -3.19%. The current -3.94% ROE has changed 23.53% with respect to the historical average. Over the past ten years (40 quarters), RFMZ's ROE was at its highest in in the December 2021 quarter at 0%. The ROE was at its lowest in in the December 2021 quarter at 0%.

Quarterly (TTM)
Annual

Average

-3.19%

Median

0%

Minimum

-24.33%

Maximum

8.37%

RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) ROE by Quarter and Year

Discovering the peaks and valleys of RiverNorth Flexible Municipal Income Fund II, Inc. ROE, 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 = 100.09%

Maximum Annual ROE = 8.37%

Minimum Annual Increase = -Infinity%

Minimum Annual ROE = -24.33%

Quarterly (TTM)
Annual
YearROEChange
2025-4.17%-149.79%
20248.37%100.09%
20234.18%-117.19%
2022-24.33%-Infinity%

RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) Average ROE

How has RFMZ ROE performed in the past?

The current ROE 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

2.79%

5-year avg

-3.19%

10-year avg

-3.19%

RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) ROE vs. Peers

How is RFMZ’s ROE compared to its peers?

RiverNorth Flexible Municipal Income Fund II, Inc.’s ROE is less than BlackRock California Municipal Income Trust (1.12%), less than Artisan Sustainable Emerging Markets Fund - Investor Shares (0%), greater than Rivernorth Managed Duration Municipal Income Fund Inc. (-4.18%), less than Artisan Value Fund Inv Shs (0%), less than Virtus SGA International Growth Fund Class I (0%), less than Virtus Total Return Fund Inc. (17.38%), less than Angel Oak Financial Strategies Income Term Trust (11.24%), less than T. Rowe Price Japan (0%), less than T. Rowe Price Credit Opportunities Fund, Inc. (0%), less than Calamos Long/Short Equity & Dynamic Income Term Trust (15.67%),

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