RI

RiverNorth Flexible Municipal Income Fund II, Inc.

A closed-end fund investing in diverse municipal bonds for tax-exempt income and total return.

RFMZ | US

Overview

Corporate Details

ISIN(s):
N/A
LEI:
Country:
United States of America
Address:
360 S. ROSEMARY AVE, 33401 WEST PALM BEACH
Sector:
Mining and quarrying
Industry:
Extraction of natural gas

Description

RiverNorth Flexible Municipal Income Fund II, Inc. is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income exempt from regular U.S. federal income taxes, with a secondary objective of total return. To achieve its objectives, the Fund invests in a portfolio composed primarily of municipal bonds of varying credit qualities, including below-investment-grade securities. The strategy allows for flexible allocation across the municipal bond market to adapt to changing conditions. The Fund may employ leverage to potentially enhance returns and is structured with a defined termination date, subject to board-approved extensions or conversion into a perpetual fund. It is intended for long-term investors and its shares trade on the secondary market.

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Insider Transactions

Date Insider Name Position Type Shares Value
No insider transactions recorded for this company.

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