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RFMZ
Upturn stock ratingUpturn stock rating

RiverNorth Flexible Municipal Income Fund II Inc (RFMZ)

Upturn stock ratingUpturn stock rating
$13.5
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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  • WEEK

Upturn Advisory Summary

04/01/2025: RFMZ (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit 8.37%
Avg. Invested days 62
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 327.53M USD
Price to earnings Ratio 14.28
1Y Target Price -
Price to earnings Ratio 14.28
1Y Target Price -
Volume (30-day avg) 52110
Beta -
52 Weeks Range 12.57 - 14.44
Updated Date 04/1/2025
52 Weeks Range 12.57 - 14.44
Updated Date 04/1/2025
Dividends yield (FY) 8.66%
Basic EPS (TTM) 0.94

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE 14.28
Forward PE -
Enterprise Value -
Price to Sales(TTM) 14.26
Enterprise Value -
Price to Sales(TTM) 14.26
Enterprise Value to Revenue 24.87
Enterprise Value to EBITDA -
Shares Outstanding 24351800
Shares Floating -
Shares Outstanding 24351800
Shares Floating -
Percent Insiders 0.16
Percent Institutions 16.52

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

RiverNorth Flexible Municipal Income Fund II Inc

stock logo

Company Overview

overview logo History and Background

RiverNorth Flexible Municipal Income Fund II Inc. (RFMZ) is a closed-end fund. It launched in 2021. It aims to provide current income exempt from regular federal income tax and to enhance total return by investing in municipal securities. It is managed by RiverNorth Capital Management, LLC.

business area logo Core Business Areas

  • Municipal Securities Investments: The fund invests primarily in a portfolio of municipal securities to generate income exempt from federal income tax. These securities are issued by states, cities, and other local governments.
  • Flexible Investment Strategy: RFMZ uses a flexible approach to investing in municipal securities, which may include securities of any credit quality, maturity, or sector. This allows the fund to adapt to changing market conditions and identify attractive investment opportunities.

leadership logo Leadership and Structure

The fund is managed by RiverNorth Capital Management, LLC. Specific individuals are not publicly listed.

Top Products and Market Share

overview logo Key Offerings

  • Municipal Bond Investments: RFMZ provides investors access to a diversified portfolio of municipal bonds, aiming for tax-exempt income and potential capital appreciation. Being a closed end fund, it doesn't have market share data in the same way as an operating company. Competitors are other closed-end municipal bond funds like Nuveen AMT-Free Municipal Credit Income Fund (NVG) and BlackRock MuniYield Investment Quality Fund (MFT).

Market Dynamics

industry overview logo Industry Overview

The municipal bond market is influenced by factors such as interest rates, credit quality of issuers, and tax regulations. Demand for tax-exempt income is a key driver.

Positioning

RFMZ positions itself as a flexible municipal bond fund, aiming to generate attractive income and total return through active management and a diversified portfolio.

Total Addressable Market (TAM)

The total US municipal bond market is valued in the trillions of dollars. RFMZ's TAM is the segment of investors seeking tax-exempt income and active management within the municipal bond space.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team at RiverNorth Capital Management
  • Flexible investment strategy
  • Potential for tax-exempt income
  • Active management

Weaknesses

  • Closed-end fund structure can lead to trading at a discount to NAV
  • Reliance on the expertise of the management team
  • Vulnerability to interest rate changes

Opportunities

  • Rising demand for tax-exempt income
  • Market inefficiencies in the municipal bond market
  • Potential for capital appreciation through active management

Threats

  • Rising interest rates
  • Credit downgrades of municipal bond issuers
  • Changes in tax laws
  • Increased competition from other municipal bond funds

Competitors and Market Share

competitor logo Key Competitors

  • NVG
  • MFT
  • VFLAX
  • CMF

Competitive Landscape

RFMZ competes with other closed-end and open-end municipal bond funds for investor capital. Its flexible strategy and active management are key differentiators.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Growth is measured by increases in NAV and total assets under management. (Specific data would be sourced from the fund's reports).

Future Projections: Future growth depends on the fund's ability to generate attractive returns and attract new investors.

Recent Initiatives: Information on recent initiatives is not publicly available.

Summary

RiverNorth Flexible Municipal Income Fund II Inc. offers a flexible approach to municipal bond investing, targeting tax-exempt income and total return. Its success hinges on the expertise of its management team and its ability to navigate changing market conditions. Risks include rising interest rates and credit downgrades. It competes with other established municipal bond funds.

Similar Companies

  • NVG
  • MFT
  • VFLAX
  • CMF

Sources and Disclaimers

Data Sources:

  • RiverNorth Capital Management Website
  • SEC Filings
  • Morningstar
  • Yahoo Finance

Disclaimers:

This analysis is based on publicly available information and does not constitute financial advice. Market share estimates are approximate and may vary. Investing in closed-end funds involves risks, including the potential for loss of principal.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About RiverNorth Flexible Municipal Income Fund II Inc

Exchange NYSE
Headquaters Chicago, IL, United States
IPO Launch date 2021-02-24
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website
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