RiverNorth Flexible Municipal Income Fund Inc (RFM)
15.35
+0.05
(+0.33%)
USD |
NYSE |
Jun 08, 16:00
15.46
+0.11
(+0.72%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
2.58% | -9.47% | 103.25M | 12382.00 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
3.71% | 110.0% | -- | Upgrade |
Basic Info
Investment Strategy | |
The Fund’s primary investment objective is current income exempt from regular U.S. 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. There is no assurance that the Fund will achieve its investment objectives |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | Medium Quality/Extensive Sensitivity |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Long |
Category Index | Bloomberg Municipal TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Income |
Fund Owner Firm Name | RiverNorth Capital Management, LLC |
Prospectus Benchmark Index | |
Bloomberg Municipal TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
John Lawlor | 3.18 yrs |
John Loffredo | 3.18 yrs |
Mike Petty | 3.18 yrs |
Patrick Galley | 3.18 yrs |
Robert Burke | 3.18 yrs |
Robert DiMella | 3.18 yrs |
Scott Sprauer | 3.18 yrs |
Stephen O'Neill | 3.18 yrs |
Performance Versus Category
As of June 07, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 07, 2023.
Basic Info
Investment Strategy | |
The Fund’s primary investment objective is current income exempt from regular U.S. 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. There is no assurance that the Fund will achieve its investment objectives |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | Medium Quality/Extensive Sensitivity |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Long |
Category Index | Bloomberg Municipal TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Income |
Fund Owner Firm Name | RiverNorth Capital Management, LLC |
Prospectus Benchmark Index | |
Bloomberg Municipal TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
John Lawlor | 3.18 yrs |
John Loffredo | 3.18 yrs |
Mike Petty | 3.18 yrs |
Patrick Galley | 3.18 yrs |
Robert Burke | 3.18 yrs |
Robert DiMella | 3.18 yrs |
Scott Sprauer | 3.18 yrs |
Stephen O'Neill | 3.18 yrs |