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RFM
RiverNorth Flexible Municipal Income Fund
RFM4
$15.72arrow_drop_up0.32%$0.05
RFM
RFM4

$15.72

arrow_drop_up0.32%

Performance History

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Key Stats
Open$15.67
Prev. Close$15.66
EPS-
Next Earnings Date-
Dividend Yield %-
Market Cap$96.00M
PE Ratio-
LOWHIGH
Day Range15.67
15.78
52 Week Range12.88
16.54
Ratios
P/B Ratio-
Revenue-
Operating M. %-
Earnings-
Earnings Growth %-
EBITDA Margin %-
ROE %-
EPS-

Score Breakdown

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Analyst Forecast

Period: Next 12 Months

Analyst Ratings

About RiverNorth Flexible Municipal Income Fund (RFM)

The RiverNorth Flexible Municipal Income Fund Inc (RFM) is a closed-end fund that aims to provide a high level of current income exempt from federal income tax. The fund's primary investment objective is to seek a high level of after-tax total return by investing primarily in a diversified portfolio of tax-exempt municipal obligations. These investments typically include municipal bonds issued by states, cities, and other governmental entities to fund public projects. Municipal bonds are attractive to investors seeking tax-exempt income, as the interest generated is exempt from federal income tax and may also be exempt from state and local taxes.
The RFM seeks to achieve its investment objective by employing a flexible investment approach. This means the fund can invest in bonds of varying maturities, credit qualities, and geographic locations, depending on market conditions and the portfolio manager's assessment of risk and reward. The fund's flexible approach allows it to adapt to changing market conditions and take advantage of potential opportunities in the municipal bond market. However, investors should be aware that investments in municipal bonds are subject to certain risks, including interest rate risk, credit risk, and liquidity risk.
Sector
Industry
CEO
Headquarters
Chicago
Employees
0
Exchange
NYSE
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Frequently Asked Questions

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What is the market capitalization of RiverNorth Flexible Municipal Income Fund (RFM)?

RiverNorth Flexible Municipal Income Fund (RFM) has a market capitalization of $96M. The average daily trading volume is 15.73, indicating the stock's liquidity and investor engagement.
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What is RiverNorth Flexible Municipal Income Fund 's (RFM) price per share?

The current price per share for RiverNorth Flexible Municipal Income Fund (RFM) is $15.72. The stock has seen a price change of $0.05 recently, indicating a 0.33% change. This reflects the stock's recent market performance and investor sentiment.
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What is the 52-week high and low for RiverNorth Flexible Municipal Income Fund (RFM)?

For RiverNorth Flexible Municipal Income Fund (RFM), the 52-week high is $16.54, which is 5.22% from the current price. The 52-week low is $12.88, the current price is 22% above the 52-week low. This gives investors an insight into the stock's volatility and price range over the past year.
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Is RiverNorth Flexible Municipal Income Fund (RFM) a growth stock?

RiverNorth Flexible Municipal Income Fund (RFM) has shown an average price growth of -6.03% over the past three years. It has received a score of 0 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying RiverNorth Flexible Municipal Income Fund as a growth stock may vary, considering it is one of many factors investors might evaluate, including market trends, financial performance, and future prospects of the company.
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What is RiverNorth Flexible Municipal Income Fund (RFM) stock price performance year to date (YTD)?

As of the latest data, RiverNorth Flexible Municipal Income Fund (RFM) has a year-to-date price change of 1.81%. Over the past month, the stock has experienced a price change of -2.84%. Over the last three months, the change has been -1.01%. Over the past six months, the figure is -2.48%.
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Is RiverNorth Flexible Municipal Income Fund (RFM) a profitable company?

RiverNorth Flexible Municipal Income Fund (RFM) has a net income of , which represents the company's total earnings after all expenses have been deducted from revenues. The gross margin of indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of reflects the percentage of revenue remaining after covering variable production costs, highlighting the efficiency of the company's core operations. Total revenue stands at , although specific revenue growth data is currently not available. Furthermore, the EBITDA is $0.

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