RiverNorth Flex Muni Income Fund II Inc (RFMZ)
13.33
+0.13
(+0.98%)
USD |
NYSE |
May 26, 16:00
13.33
0.00 (0.00%)
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 |
|---|---|---|---|
| 2.54% | -10.66% | 363.33M | 48758.37 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 3.88% | 205.0% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| Under normal market conditions, the Fund will seek to achieve its investment objectives by investing, directly or indirectly, at least 80% of its Managed Assets (as defined below) 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, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax (“Municipal Bonds”). |
| 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 | |
| David Dowden | 2.18 yrs |
| John Lawlor | 2.18 yrs |
| John Loffredo | 2.18 yrs |
| Michael Petty | 2.18 yrs |
| O’Neill Stephen | 2.18 yrs |
| Patrick Galley | 2.18 yrs |
| Robert Burke | 2.18 yrs |
| Robert DiMella | 2.18 yrs |
| Scott Sprauer | 2.18 yrs |
Performance Versus Category
As of May 26, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 26, 2023.
Basic Info
| Investment Strategy | |
| Under normal market conditions, the Fund will seek to achieve its investment objectives by investing, directly or indirectly, at least 80% of its Managed Assets (as defined below) 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, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax (“Municipal Bonds”). |
| 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 | |
| David Dowden | 2.18 yrs |
| John Lawlor | 2.18 yrs |
| John Loffredo | 2.18 yrs |
| Michael Petty | 2.18 yrs |
| O’Neill Stephen | 2.18 yrs |
| Patrick Galley | 2.18 yrs |
| Robert Burke | 2.18 yrs |
| Robert DiMella | 2.18 yrs |
| Scott Sprauer | 2.18 yrs |