# RiverNorth II (RFMZ) — Overview

RFMZ · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/rfmz

## Price

Last close $11.61 on Oct 15, 2026. 52-week range $11.34 – $13.66.

## Company profile

RiverNorth Flex Muni Income Fund II Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $23.3M |
| Revenue (quarter) | $23.3M |
| Revenue growth (year over year) | -15.05% |
| Gross profit (trailing twelve months) | $0.00 |
| Gross margin | 0.00% |
| Net income (trailing twelve months) | $39.1M |
| Net income (quarter) | $39.1M |
| Net income growth (year over year) | 375.56% |
| Net margin | 168.00% |
| Return on equity | 11.24% |
| EPS (trailing twelve months) | $1.61 |
| Book value per share | $14.60 |
| P/E (trailing twelve months) | 7.2 |
| Price to book | 0.8 |
| Debt to assets | 40.39% |
| Payout ratio | 62.09% |
| Dividend yield | 9.14% |

## Frequently Asked Questions

### Is RiverNorth II (RFMZ) profitable?

Yes. RiverNorth II earned $39.1M in net income over the trailing twelve months, a net margin of 168.00%.

### How much revenue does RiverNorth II (RFMZ) make?

RiverNorth II generated $23.3M in revenue over the trailing twelve months, down 15.05% year over year.

### What is RFMZ's P/E ratio?

RiverNorth II trades at 7.2 times trailing twelve-month earnings, on an EPS of $1.61.

### How do I buy stock in RiverNorth II (RFMZ)?

RFMZ trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).