RiverNorth Flexible Municipal Income Fund II, Inc.

RiverNorth Flexible Municipal Income Fund II, Inc. - ROEverified

RFMZ

Price:

$12.31

Market Cap:

$299.77M

RiverNorth Flexible Municipal Income Fund II, Inc. functions as a managed, closed-end investment vehicle. Its main investment aim is to generate current income free from standard U.S. federal income taxes, while its secondary goal is to achieve overall total return. Established on June 11, 2020, the company's headquarters are located in West Palm Beach, Florida.

Industry

Asset Management

IPO Date

2021-02-24

Stock Exchange

NYSE

Ticker

RFMZ

The ROE as of September 2026 (TTM) for RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) is 11.09%

According to RiverNorth Flexible Municipal Income Fund II, Inc.’s latest financial reports and current stock price. The company's current ROE is 11.09%. This represents a change of 299.64% compared to the average of 2.78% 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 -0.82%. The current 11.09% ROE has changed -1447.50% with respect to the historical average. Over the past ten years (40 quarters), RFMZ's ROE was at its highest in in the December 2025 quarter at 6.15%. The ROE was at its lowest in in the December 2021 quarter at 0%.

Quarterly (TTM)
Annual

Average

-0.82%

Median

2.09%

Minimum

-24.33%

Maximum

11.00%

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 = 11.00%

Minimum Annual Increase = -Infinity%

Minimum Annual ROE = -24.33%

Quarterly (TTM)
Annual
YearROEChange
202611.00%-364.07%
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

5.07%

5-year avg

-0.99%

10-year avg

-0.82%

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 greater than BlackRock California Municipal Income Trust (-6.54%), greater than Artisan Sustainable Emerging Markets Fund - Investor Shares (0%), less than Rivernorth Managed Duration Municipal Income Fund Inc. (11.14%), greater than Artisan Value Fund Inv Shs (0%), greater than Virtus SGA International Growth Fund Class I (0%), less than Virtus Total Return Fund Inc. (15.95%), less than Angel Oak Financial Strategies Income Term Trust (10.12%), greater than T. Rowe Price Japan (0%), greater than T. Rowe Price Credit Opportunities Fund, Inc. (0%), less than Calamos Long/Short Equity & Dynamic Income Term Trust (0.46%),

Build a custom stock screener for RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like RiverNorth Flexible Municipal Income Fund II, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) and other stocks custom spreadsheet templates

The easiest way to analyze a company like RiverNorth Flexible Municipal Income Fund II, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is RiverNorth Flexible Municipal Income Fund II, Inc.'s ROE?

How is the ROE calculated for RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ)?

What is the highest ROE for RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ)?

What is the 3-year average ROE for RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ)?

What is the 5-year average ROE for RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ)?

How does the current ROE for RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) compare to its historical average?