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RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ)

NYSE Financial Services Asset Management
$11.78 ▼ -0.84%
Market Cap
$286.9M
Sector
Financial Services
Industry
Asset Management
Beta
0.70
52-Wk Range
11.7-13.7
CEO
—
Country
US
Currency
USD

RiverNorth Flexible Municipal Income Fund II, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $11.78, down 0.84% on the session, giving a market capitalisation of $286.9M. On trailing twelve-month figures it carries a trailing P/E of 7.36, a net margin of 147.4%. Its beta of 0.70 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
7.36
Price / Sales
10.81
Price / Book
0.81
EV / EBITDA
11.34
Gross margin
69.0%
Operating margin
173.9%
Net margin
147.4%
Return on equity
—
Debt / equity
0.67
Current ratio
4.78
Dividend yield
8.3%
Payout ratio
62.1%
Company profile
Exchange
New York Stock Exchange
Employees
—
IPO date
2021-02-24
Headquarters
Chicago, IL, US
About RiverNorth Flexible Municipal Income Fund II, Inc.

RiverNorth Flexible Municipal Income Fund II, Inc. functions as a managed, closed-end investment vehicle. Its main investment aim is to generate current income free from standard U.S. federal income taxes, while its secondary goal is to achieve overall total return. Established on June 11, 2020, the company's headquarters are located in West Palm Beach, Florida.

Comparable companies

RiverNorth Flexible Municipal Income Fund II, Inc. is most often compared with the following Financial Services names:

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