RiverNorth Flexible Municipal Income Fund Inc (RFM)
14.08
-0.12
(-0.88%)
USD |
NYSE |
May 28, 16:00
14.08
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Sep '18
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Key Stats
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| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 5.15% | -9.31% | 95.02M | 19631.03 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 76.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from regular U.S. federal income taxes. The Fund will invest 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 U.S. federal income tax purposes. |
| General | |
| Security Type | Closed-End Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Muni Debt Funds (Leveraged) |
| Global Macro | Bond HC |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Gen & Ins Muni Debt Funds (Leveraged) |
| Fund Owner Firm Name | RiverNorth |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 29, 2025.
Asset Allocation
As of December 31, 2024.
| Type | % Net |
|---|---|
| Cash | -3.19% |
| Stock | 0.15% |
| Bond | 111.0% |
| Convertible | 0.00% |
| Preferred | -7.96% |
| Other | -0.01% |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from regular U.S. federal income taxes. The Fund will invest 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 U.S. federal income tax purposes. |
| General | |
| Security Type | Closed-End Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Muni Debt Funds (Leveraged) |
| Global Macro | Bond HC |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Gen & Ins Muni Debt Funds (Leveraged) |
| Fund Owner Firm Name | RiverNorth |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |