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RiverNorth Flexible Municipal Income Fund(NYSE) RFM

Market Cap$89.40MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2020)+23%
5 Year-7%
1 Year+15%
1 Month+1%
$14.56
-0.41%
-0.06Today
RiverNorth Flexible Municipal Income Fund last closing stock price
MetricPriceDate
Last closeUSD 14.622026-07-28
RiverNorth Flexible Municipal Income Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.22%USD 14.802026-07-21
1 month+0.55%USD 14.542026-06-26
3 month+4.75%USD 13.962026-04-29
Year to date+9.19%USD 13.392025-12-31
1 year+14.98%USD 12.722025-07-28
3 year+13.49%USD 12.882023-07-28
5 year-6.79%USD 15.692021-07-29
Since inception+23.37%USD 11.852020-03-27

RiverNorth Flexible Municipal Income Fund Financials at a Glance

Market Cap

$89.40MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

N/A

Net Income (TTM)

N/A

EPS (TTM)

$0.08

P/E Ratio

177.64

Dividend

$1.09

Beta (Volatility)

0.27 (Low)

Price

$14.56

Volume

11,064.621

Open

$14.65

Previous Close

$14.63

Daily Range

$14.55 - $14.65

52-Week Range

$13.68 - $15.03

Estimated Earnings Date

N/A

RFM News

No articles available.

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About RiverNorth Flexible Municipal Income Fund

RiverNorth Flexible Municipal Income Fund, Inc. is a closed-end investment management firm focused on generating tax-exempt income. Established in 2019, the company is headquartered in West Palm Beach, Florida, and aims to provide investors with a steady flow of income not subject to standard U.S. federal income taxation.

Products and Services
  • Investment management focused on municipal securities
  • Tax-exempt income generation strategies
  • Closed-end fund structure for enhanced liquidity
Growth Outlook
  • Recent quarterly cash and cash equivalents increased to $333,000
  • Total assets rose to $162.2 million, reflecting strong asset management
  • Long-term debt increased to $64.3 million, indicating growth potential
Financial Highlights
  • Trailing twelve-month dividend yield stands at 7.41%
  • Market capitalization is approximately $89.6 million
  • Stock price has ranged from $13.68 to $15.03 over the past year
RiverNorth Flexible Municipal Income Fund, Inc. operates in the asset management sector, specifically targeting income generation through municipal securities. The firm’s focus on tax-exempt income can be particularly appealing to investors seeking to optimize their tax liabilities. The recent growth in total assets and cash reserves indicates a solid foundation for future expansion. The company’s competitive dividend yield further enhances its attractiveness as an investment option. Overall, RiverNorth Flexible Municipal Income Fund, Inc. presents a compelling opportunity for those interested in tax-efficient income strategies.
AI Generated • Jul 28, 2026

Industry

Capital Markets

Sector

Financials

CEO

Patrick William Galley, CFA

Headquarters

Chicago, IL 60607, US

RFM Financials

Key Financial Metrics (TTM)

Gross Margin

286.84%

Operating Margin

307.78%

Net Income Margin

307.78%

Return on Equity

-4.22%

Return on Capital

-2.55%

Return on Assets

-2.53%

Earnings Yield

0.56%

Dividend Yield

7.43%

Payout Ratio

-1.75%

Stock Overview

Market Cap

$89.40MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

6.11M

Volume

11.06K

Avg. Volume

11.76K

Financials (TTM)

Gross Profit

-$3.69M

Operating Income

-$3.96M

EBITDA

-$3.96M

Operating Cash Flow

$10.03M

Capital Expenditure

$0.00

Free Cash Flow

$10.03M

Cash & ST Invst.

$333.00

Total Debt

$64.34M

RiverNorth Flexible Municipal Income Fund Performance Analysis

RiverNorth Flexible Municipal Income Fund annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-06-30USD 10,597,945N/A
20232023-06-30USD -2,055,554N/A
20242024-06-30USD 6,184,728N/A
20252025-06-30USD 7,801,82126.1%
RiverNorth Flexible Municipal Income Fund sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-06-30N/A
Q22025-12-31N/A
RiverNorth Flexible Municipal Income Fund annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-06-30USD -4.27N/A
20232023-06-30USD 0.54N/A
20242024-06-30USD 1.27135.3%
20252025-06-30USD -0.65N/A
RiverNorth Flexible Municipal Income Fund sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-06-30N/A
Q22025-12-31N/A

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
CurrentYOY CHG

Revenue

N/A

N/A

Gross Profit

N/A

N/A

Gross Margin

N/A

N/A

Market Cap

$89.40MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

N/A

N/A

EBITDA

N/A

N/A

Quarterly Fundamentals

Name
CurrentYOY CHG

Total Cash

N/A

N/A

Total Debt

N/A

N/A

Accounts Receivable

N/A

N/A

Inventory

N/A

N/A

Long Term Debt

N/A

N/A

Short Term Debt

N/A

N/A

Return on Assets

N/A

N/A

Return on Invested Capital

N/A

N/A

Free Cash Flow

N/A

N/A

Operating Cash Flow

N/A

N/A

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Questions About RFM

What is the current price of RiverNorth Flexible Municipal Income Fund?

RiverNorth Flexible Municipal Income Fund is trading at $14.63 per share.

What is the 52-week range for RiverNorth Flexible Municipal Income Fund?

Over the past 52 weeks, RiverNorth Flexible Municipal Income Fund has traded between $13.68 and $15.03.

How much debt does RiverNorth Flexible Municipal Income Fund have?

As of the most recent reporting period, RiverNorth Flexible Municipal Income Fund reported total debt of $61.68M.

How much cash does RiverNorth Flexible Municipal Income Fund have on hand?

RiverNorth Flexible Municipal Income Fund reported $285.13K in cash and cash equivalents in its most recent financial results.

What is RiverNorth Flexible Municipal Income Fund’s dividend yield?

RiverNorth Flexible Municipal Income Fund currently has a dividend yield of 7.43%.

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