← All Mutual Funds

RiverNorth Flexible Municipal Income Fund II, Inc.

CIK: 0001817159 RFMZ Fixed Income
Report date: 2026-02-26
AUM $350M
Expense Ratio —
Category Fixed Income
State MD
Fiscal Year End —
Inception Date —
Manager —
Latest Filing 2026-02-26

About this Fund

RiverNorth Flexible Municipal Income Fund II, Inc. is a leading mutual fund company dedicated to providing investors with a comprehensive range of investment solutions, specializing in asset management and wealth management services. With a strong focus on municipal income investing, the company offers a diverse portfolio of mutual funds that cater to various investor needs and risk profiles. The RiverNorth Flexible Municipal Income Fund II, Inc. boasts an impressive array of fund offerings, including equity, debt, and hybrid funds, each designed to help investors achieve their unique financial goals. For investors seeking regular income and relatively lower volatility, the company's debt funds are an attractive option, while those looking for long-term growth may find the equity funds more suitable. Additionally, the hybrid funds provide a balanced approach, combining the benefits of both equity and debt investments. The company's investment approach is centered around a thorough research-driven process, where a team of experienced professionals conducts in-depth analysis to identify attractive investment opportunities. This meticulous approach enables the company to construct a well-diversified portfolio that minimizes risk and maximizes returns. RiverNorth Flexible Municipal Income Fund II, Inc. is committed to providing investors with a seamless and convenient investment experience, offering Systematic Investment Plans (SIPs) that allow investors to invest a fixed amount of money at regular intervals, promoting disciplined investing and helping to reduce timing risks. By leveraging the power of SIPs, investors can benefit from rupee cost averaging and potentially lower their overall investment costs. The company's investor-centric approach is built on a foundation of transparency, trust, and exceptional customer service. RiverNorth Flexible Municipal Income Fund II, Inc. recognizes that each investor has unique financial objectives and risk tolerance, and therefore, offers personalized wealth management solutions tailored to meet individual needs. The company's experienced team of investment professionals works closely with investors to understand their goals and develop customized investment strategies that align with their aspirations. With a proven track record of delivering consistent returns and a strong commitment to investor satisfaction, RiverNorth Flexible Municipal Income Fund II, Inc. has earned the trust of a large and loyal investor base. As a result, investors from diverse backgrounds and geographies have come to rely on the company's expertise and guidance in navigating the complexities of the investment landscape, making it a preferred partner for those seeking to create lasting wealth and achieve their financial aspirations.

Holdings

From latest SEC N-PORT filing · US-listed stocks only

6 positions
# Security Name CUSIP Asset Type Weight % Value ($M) Quantity
1 VPV Invesco Pennsylvania Value Municipal Income Trust Since 2026-05-10 46132K109 Equity (Common)
0.06%
 $0.22 21,396
2 CXH Mfs Investment Grade Municipal Trust Since 2026-05-10 59318B108 Equity (Common)
0.49%
 $1.73 217,664
3 VKQ Invesco Municipal Trust Since 2026-05-10 46131J103 Equity (Common)
2.76%
 $9.66 1,001,155
4 VGM Invesco Trust For Investment Grade Municipals Since 2026-05-10 46131M106 Equity (Common)
1.00%
 $3.51 338,388
5 LEO Bny Mellon Strategic Municipals Inc Since 2026-05-10 05588W108 Equity (Common)
0.96%
 $3.34 525,823
6 BTT Blackrock Municipal 2030 Target Term Trust Since 2026-05-10 09257P105 Equity (Common)
3.08%
 $10.76 471,633
Frequently Asked Questions — RiverNorth Flexible Municipal Income Fund II, Inc.
What type of mutual fund is RiverNorth Flexible Municipal Income Fund II, Inc.?
RiverNorth Flexible Municipal Income Fund II, Inc. is a SEC-registered Fixed Income fund, with $350M in assets under management. Fixed Income funds invest in bonds, government securities, and other debt instruments, seeking regular income and capital preservation. They are generally considered lower risk than equity funds but are sensitive to changes in interest rates — when rates rise, bond prices typically fall. Fixed income funds are commonly used by income-oriented investors or as a portfolio stabiliser alongside equities. As of its latest SEC N-PORT filing, RiverNorth Flexible Municipal Income Fund II, Inc. holds 6 portfolio positions, all detailed in the holdings table on this page.
What are RiverNorth Flexible Municipal Income Fund II, Inc.'s assets under management (AUM)?
RiverNorth Flexible Municipal Income Fund II, Inc. has $350M in assets under management (AUM) according to its most recent SEC N-PORT filing on StockSifting. AUM represents the total market value of all securities and other assets held by the fund as of the report date. A larger AUM generally signals a more established fund with greater institutional adoption, more trading liquidity, and potentially lower per-unit operational costs due to economies of scale. AUM changes daily as market prices fluctuate and as investors purchase or redeem fund shares — the figure shown here reflects the most recently available N-PORT disclosure, not the current real-time value. For the live figure, consult the fund's official website or its latest SEC EDGAR filing.
What are RiverNorth Flexible Municipal Income Fund II, Inc.'s top holdings?
According to RiverNorth Flexible Municipal Income Fund II, Inc.'s most recent SEC N-PORT filing, the fund's largest holdings by portfolio weight include Invesco Pennsylvania Value Municipal Income Trust, Mfs Investment Grade Municipal Trust, Invesco Municipal Trust , among others. The complete list of all 6 holdings — including CUSIP, asset type, portfolio weight percentage, dollar value, and share quantity — is available in the holdings table above. Holdings data is sourced directly from SEC EDGAR N-PORT filings and reflects the fund's positions as of the report date shown at the top of this page. Due to the 60-day SEC disclosure lag, these positions may differ from the fund's current portfolio. For the latest holdings before public release, refer to SEC EDGAR directly.
What is RiverNorth Flexible Municipal Income Fund II, Inc.'s expense ratio?
Expense ratio data for RiverNorth Flexible Municipal Income Fund II, Inc. is not currently available in StockSifting's database. The expense ratio is the annual fee charged by a mutual fund as a percentage of your investment, covering management fees and operational costs. It is one of the most important factors affecting net long-term returns — lower expense ratios allow more of a fund's gross performance to flow through to investors. For the most accurate and current expense ratio, refer to the fund's official prospectus or its SEC EDGAR filings. You can also contact us if you believe this data should be present.
Where can I find RiverNorth Flexible Municipal Income Fund II, Inc.'s SEC filings?
RiverNorth Flexible Municipal Income Fund II, Inc. is required to file monthly portfolio reports (Form N-PORT) with the U.S. Securities and Exchange Commission (SEC). Its SEC Central Index Key (CIK) is 0001817159. You can access all of RiverNorth Flexible Municipal Income Fund II, Inc.'s SEC filings — including N-PORT holdings disclosures, annual reports (Form N-CEN), and registration statements — directly on SEC EDGAR (CIK: 0001817159). N-PORT filings disclose the fund's complete portfolio holdings, fair value measurements, and certain risk metrics as of each filing period end date. StockSifting automatically parses these filings to populate the holdings table, AUM figures, and expense ratio displayed on this page, making the raw EDGAR data accessible without needing to download and parse XML files manually.
How current is RiverNorth Flexible Municipal Income Fund II, Inc.'s holdings data on StockSifting?
Holdings data for RiverNorth Flexible Municipal Income Fund II, Inc. on StockSifting is sourced from its most recent SEC EDGAR N-PORT filing. Under SEC rules, registered investment companies must file N-PORT reports monthly, but these are made publicly available approximately 60 days after the reporting period end date. This means the holdings shown on this page reflect the fund's portfolio from roughly two months prior — not today's exact positions. The Report date displayed at the top of this page indicates exactly when the underlying data was current. If the fund has made significant portfolio changes since that date — responding to market events, earnings releases, or macro shifts — those changes will not be reflected here until the next N-PORT filing is released. For the most up-to-date holdings before the public disclosure window, refer to the fund's official website or SEC EDGAR directly. StockSifting is best used for fundamental research and historical portfolio analysis, not real-time trading decisions.