...
search icon
rfmz-img

RIVERNORTH FLEX MUNI II, ETF

RFMZ

NYQ

$14.13

-$0.08

(-0.56%)

1D
Industry: Financial Services Sector: Financial

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$0
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
0
Volume info-icon
This is the total number of shares traded during the most recent trading day.
31.04K
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
8.66%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$12.73 L
$14.62 H
$14.13

About RIVERNORTH FLEX MUNI II, ETF

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 United States federal income taxes (but which may be includable in taxable income for purposes of the Federal alternative minimum tax). 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 (Municipal Bonds). The Fund’s investment adviser is RiverNorth Capital Management, LLC and the Fund’s sub-adviser is MacKay Shields, LLC. more

Industry: Financial ServicesSector: Financial

Returns

Data is not properly formatted.

Financials

Jun '22Jun '23Jun '24
Total Revenue(93.40M)15.70M31.95M[{"date":"2022-06-30","value":-292.36,"profit":false},{"date":"2023-06-30","value":49.15,"profit":true},{"date":"2024-06-30","value":100,"profit":true}]
Cost of Revenue---[{"date":"2022-06-30","value":"-","profit":true},{"date":"2023-06-30","value":"-","profit":true},{"date":"2024-06-30","value":"-","profit":true}]
Gross Profit(93.40M)15.70M31.95M[{"date":"2022-06-30","value":-292.36,"profit":false},{"date":"2023-06-30","value":49.15,"profit":true},{"date":"2024-06-30","value":100,"profit":true}]
Gross Margin100.00%100.00%100.00%[{"date":"2022-06-30","value":100,"profit":true},{"date":"2023-06-30","value":100,"profit":true},{"date":"2024-06-30","value":100,"profit":true}]
Operating Expenses41.97K78.87K31.95M[{"date":"2022-06-30","value":0.13,"profit":true},{"date":"2023-06-30","value":0.25,"profit":true},{"date":"2024-06-30","value":100,"profit":true}]
Operating Income(93.44M)15.62M31.80M[{"date":"2022-06-30","value":-293.8,"profit":false},{"date":"2023-06-30","value":49.12,"profit":true},{"date":"2024-06-30","value":100,"profit":true}]
Total Non-Operating Income/Expense--36.37M[{"date":"2022-06-30","value":"-","profit":true},{"date":"2023-06-30","value":"-","profit":true},{"date":"2024-06-30","value":100,"profit":true}]
Pre-Tax Income(93.44M)15.62M31.80M[{"date":"2022-06-30","value":-293.8,"profit":false},{"date":"2023-06-30","value":49.12,"profit":true},{"date":"2024-06-30","value":100,"profit":true}]
Income Taxes(236.56K)(228.49K)-[{"date":"2022-06-30","value":-23655800,"profit":false},{"date":"2023-06-30","value":-22848500,"profit":false},{"date":"2024-06-30","value":"-","profit":true}]
Income After Taxes(93.20M)15.85M-[{"date":"2022-06-30","value":-588.01,"profit":false},{"date":"2023-06-30","value":100,"profit":true},{"date":"2024-06-30","value":"-","profit":true}]
Income From Continuous Operations(93.44M)15.62M31.80M[{"date":"2022-06-30","value":-293.8,"profit":false},{"date":"2023-06-30","value":49.12,"profit":true},{"date":"2024-06-30","value":100,"profit":true}]
Income From Discontinued Operations---[{"date":"2022-06-30","value":"-","profit":true},{"date":"2023-06-30","value":"-","profit":true},{"date":"2024-06-30","value":"-","profit":true}]
Net Income(93.44M)15.62M31.80M[{"date":"2022-06-30","value":-293.8,"profit":false},{"date":"2023-06-30","value":49.12,"profit":true},{"date":"2024-06-30","value":100,"profit":true}]
EPS (Diluted)---[{"date":"2022-06-30","value":"-","profit":true},{"date":"2023-06-30","value":"-","profit":true},{"date":"2024-06-30","value":"-","profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

RFMZ
Current Ratio 2.36

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

RFMZ
ROA (LTM) 0.00%
ROE (LTM) 0.00%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

RFMZ
Debt Ratio Lower is generally better. Negative is bad. 0.39
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.61

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

RFMZ
Trailing PE 10.79
Forward PE NM
P/S (TTM) 10.77
P/B 0.91
EV/R 18.26
EV/Ebitda NM

FAQs

What is RIVERNORTH FLEX MUNI II share price today?

RIVERNORTH FLEX MUNI II (RFMZ) share price today is $14.13

Can Indians buy RIVERNORTH FLEX MUNI II shares?

Yes, Indians can buy shares of RIVERNORTH FLEX MUNI II (RFMZ) on Vested. To buy RIVERNORTH FLEX MUNI II from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in RFMZ stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of RIVERNORTH FLEX MUNI II be purchased?

Yes, you can purchase fractional shares of RIVERNORTH FLEX MUNI II (RFMZ) via the Vested app. You can start investing in RIVERNORTH FLEX MUNI II (RFMZ) with a minimum investment of $1.

How to invest in RIVERNORTH FLEX MUNI II shares from India?

You can invest in shares of RIVERNORTH FLEX MUNI II (RFMZ) via Vested in three simple steps:

  • Click on Sign Up or Invest in RFMZ stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in RIVERNORTH FLEX MUNI II shares
What is RIVERNORTH FLEX MUNI II 52-week high and low stock price?

The 52-week high price of RIVERNORTH FLEX MUNI II (RFMZ) is $14.62. The 52-week low price of RIVERNORTH FLEX MUNI II (RFMZ) is $12.73.

What is RIVERNORTH FLEX MUNI II price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of RIVERNORTH FLEX MUNI II (RFMZ) is 0.91

What is RIVERNORTH FLEX MUNI II dividend yield?

The dividend yield of RIVERNORTH FLEX MUNI II (RFMZ) is 8.66%

What is RIVERNORTH FLEX MUNI II’s stock symbol?

The stock symbol (or ticker) of RIVERNORTH FLEX MUNI II is RFMZ

Signup to access all features and start your US investing journey!

  • Open your account in minutes
  • Take your portfolio global, starting at just $1
Get started

Add ticker to compare

Scroll to Top