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Home โบ Stocks โบ RiverNorth Flexible Duration Municipal Income Fund II, Inc. (RFMZ) Stock Forecast & Price Prediction United States | NYSE | Financial Services | Asset Management
$13.05
+0.10 (0.77%)Did RFMZ Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if RiverNorth Fund II is one of their latest high-conviction picks.
RFMZ has shown a year-to-date change of 3.1% and a 1-year change of 5.4%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for RFMZ. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for RFMZ.
| Date | Firm | Analyst | Rating | Change | Price Target |
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The following stocks are similar to RiverNorth Fund II based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
RiverNorth Flexible Duration Municipal Income Fund II, Inc. has a market capitalization of $317.79M with a P/E ratio of 217.5x. The company generates $-13,959,702 in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of -4.2%.
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Provides tax-exempt income through municipal securities.
The company operates as a closed-end fund that generates income primarily from a diversified portfolio of municipal securities. It leverages a flexible mandate to manage duration and optimize income potential, employing various income-seeking strategies while adhering to risk management protocols.
The fund has a finite lifespan with a planned termination date of February 26, 2036, and may conduct tender offers near termination for shareholders to sell shares at net asset value. This approach positions it uniquely within the municipal bond sector, targeting investors looking for tax-exempt income coupled with active portfolio management.
Municipal bond closed-end funds are narrowing discounts, with NXP and MHF seen as valuable. Easing leverage costs may enhance attractiveness, despite risks from volatility and Treasury rate sensitivity.
Narrowing discounts in municipal bond CEFs suggest improved value. Easing leverage costs from Fed rate cuts enhance appeal, while risks remain from volatility and Treasury rate sensitivity.
RiverNorth Flexible Municipal Income II (RFMZ) offers a 7.9% distribution, but only 3.16% is true income. Its strategy focusing on CEF discounts has underperformed, leading to low real yields.
RFMZ's misleading distribution and low true income highlight risks in relying on CEF discounts, potentially leading to poor returns compared to competing municipal funds.
RiverNorth Flexible Municipal Income II (RFMZ) has the widest discount among its sister funds, using a strategy that involves investing in municipal bonds and CEFs with high leverage.
RFMZ's wide discount and unique investment strategy may attract value-focused investors, while its return of capital classification could impact tax planning for some.
RFMZ provides access to muni CEFs and individual bonds, but high leverage and fees may deter investors. Its managed distribution policy offers yield, though coverage is weak and payouts are largely tax-deferred.
RFMZ's high leverage and fees may deter municipal bond investors, while weak payout coverage raises yield concerns. Current discount levels limit its attractiveness as a swap candidate.
RiverNorth Flexible Municipal Income Fund II (RFMZ) provides exposure to municipal bonds and CEFs, managed by MacKay Shields and RiverNorth. It trades at a discount and has outperformed RMM.
RFMZ's active management and attractive discount may appeal to investors seeking capital gains, despite low net income from high leverage and fees. Outperformance against RMM signals potential for better returns.
In the latest report, equity closed-end funds (CEFs) gained 1.81% for the third month out of four, while fixed income CEFs rose 0.52% for the fourth consecutive month.
Rising gains in equity CEFs indicate strong market performance, while consistent fixed income CEF returns suggest stability, influencing investor sentiment and potential asset allocation strategies.
Analyst forecasts for RiverNorth Flexible Duration Municipal Income Fund II, Inc. (RFMZ) are not currently available. The stock is trading at $13.05.
Analyst ratings for RFMZ are not currently available. The stock is currently trading at $13.05. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for RFMZ are not currently available. The stock is trading at $13.05.
The company operates as a closed-end fund that generates income primarily from a diversified portfolio of municipal securities. It leverages a flexible mandate to manage duration and optimize income potential, employing various income-seeking strategies while adhering to risk management protocols.
Price targets from Wall Street analysts for RFMZ are not currently available. The stock is trading at $13.05.
Price targets from Wall Street analysts for RFMZ are not currently available. The stock is trading at $13.05.
Analyst ratings for RFMZ are not currently available. The stock is trading at $13.05.
Stock price projections, including those for RiverNorth Flexible Duration Municipal Income Fund II, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.