Rivernorth Flexible Municipal Income Fund

RFM · NYSE

$13.21−$0.13 (−0.97%)TodayMarket closed ·
Prev close $13.34

About RFM

Rivernorth Flexible Municipal Income Fund Inc is a US-based company operating in industry. The company is headquartered in West Palm Beach, Florida. The company went IPO on 2020-03-27. Rivernorth Flexible Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from regular United States federal income taxes. Its secondary investment objective is total return. The Fund’s secondary investment objective is total return. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing, directly or indirectly, 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, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax. The Fund’s investment adviser is RiverNorth Capital Management, LLC.

Employees
0
Headquarters
West Palm Beach, Florida
Listed
Mar 27, 2020
Sector
N/A
Industry
N/A

RFM key statistics

Market cap
80.41M
Price-earnings ratio
7.48
Dividend yield
8.28%
Average volume
25.38K
Volume
49.20K
Open price
$13.38
High today
$13.44
Low today
$13.21
52 Week high
$15.03
52 Week low
$12.68

Rivernorth Flexible Municipal Income Fund (RFM) at a glance

Rivernorth Flexible Municipal Income Fund (RFM) last traded at $13.21, with a market cap of 80.41M, a price-to-earnings ratio of 7.48 and a dividend yield of 8.28%.

Today the stock has traded between $13.21 and $13.44. The current price is 0.0% above the day's low and 1.7% below its high.

Volume so far is 49.20K shares, above the average of 25.38K shares a day.

Over the past year Rivernorth Flexible Municipal Income Fund has ranged from $12.68 to $15.03, and now sits 23% of the way up that range.

RFM news

  • Press releaseBusiness Wire

    RiverNorth Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    RiverNorth Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    RiverNorth Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    RiverNorth Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    RiverNorth Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    RiverNorth Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    RiverNorth Closed-End Funds Declare Monthly Distributions

  • Press releaseBusiness Wire

    RiverNorth Closed-End Funds Declare Monthly Distributions

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