RiverNorth Flexible Municipal Incom... (RFM)

$16.12

-0.13 (-0.80%)
Rating:
Recommendation:
-
Symbol RFM
Price $16.12
Beta 0.000
Volume Avg. 0.02M
Market Cap 98.569M
Shares () -
52 Week Range 15.5-23.847
1y Target Est -
DCF Unlevered RFM DCF ->
DCF Levered RFM LDCF ->
ROE -
ROA -
Operating Margin -
Debt / Equity -
P/E 8.22 Strong Buy
P/B -
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


None
N/A
N/A
New York Stock Exchange

RiverNorth Flexible Municipal Income Fund, Inc. is a diversified, closed-end management investment company. The Fund’s primary investment objective is current income exempt from regular U.S. federal income taxes (but which may be includable in taxable income for purposes of the Federal alternative minimum tax). The Fund’s secondary investment objective is total return. Under normal market conditions, the Fund will seek 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. RiverNorth Capital Management, LLC is the adviser of the Fund.