Missed GME or NVDA? Donโt Miss the Next One.โ
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ RiverNorth Flexible Municipal Income Fund II Inc. (RFMZ) Stock Forecast & Price Prediction United States | NYSE | Financial Services | Asset Management
$13.03
+0.16 (1.24%)10 Quality Stocks Worth Considering Now
Researching RiverNorth Fund II (RFMZ) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
Get our FREE market selloff report + exclusive analysis on RFMZ and similar high-potential opportunities.
RFMZ has shown a year-to-date change of -2.8% and a 1-year change of -6.3%, reflecting downward 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 |
---|
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 Municipal Income Fund II Inc. has a market capitalization of $317.30M with a P/E ratio of 13.9x. The company generates $31.95M 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 +8.4%.
Get All 10 Quality Stocks For This Market Selloff
Still researching investments after the market drop? Our ex-Goldman Sachs analyst has already identified the 10 highest-quality oversold stocks with strong fundamentals and upside potential.
Why spend hours researching when we've already done the work? Get instant access to our complete market selloff analysis.
Provides a diversified portfolio of municipal bonds.
The fund operates as a closed-end fund that actively manages a diversified portfolio of municipal bonds, primarily focusing on generating tax-advantaged income. It capitalizes on opportunities within various sectors of the municipal bond market, which allows it to benefit from market fluctuations and optimize returns for investors.
With its emphasis on high current income exempt from federal income taxes, the fund is particularly appealing to investors in higher tax brackets. It offers exposure to a wide range of issuers throughout the United States, enhancing both portfolio stability and income generation, thus positioning itself as a key player in the municipal bond market.
RiverNorth Flexible Municipal Income Fund II (RFMZ) provides exposure to municipal bonds, managed by MacKay Shields and RiverNorth. It has high leverage, low net income, and trades at a discount, outperforming RMM.
RFMZ provides exposure to municipal bonds but has high fees and leverage, impacting net income. Its attractive discount and recent outperformance over RMM suggest potential for capital gains.
Equity closed-end funds (CEFs) gained 1.81% for the third time in four months, while fixed income CEFs rose 0.52% for the fourth consecutive month.
Rising equity CEFs indicate stronger market sentiment, while consistent fixed income gains suggest stability. Both trends may influence portfolio adjustments and investor confidence.
In 2021, 12 closed-end funds launched, all with negative returns since inception. They trade at an average -12.5% discount to NAV, offering yields up to 12.9%. Hybrid funds outperformed municipal and equity funds.
Closed-end funds face underperformance and significant discounts to NAV, presenting potential high yields. The relative strength of hybrid funds may signal shifting investor preferences.
RiverNorth Capital Management's closed-end funds, RMM and RFMZ, offer municipal bond exposure. RMM trades at a narrow discount; RFMZ has a more attractive valuation. Both have high expenses and leverage risks.
RiverNorth's closed-end funds offer swap trade opportunities, with differing valuations. High expenses and risks may deter some, but savvy traders could capitalize on current conditions.
RiverNorth has launched RFMZ, a new hybrid municipal bond fund, continuing its trend of introducing new funds in the market.
RiverNorth's launch of RFMZ indicates a growing focus on hybrid municipal bond funds, potentially attracting investors seeking diversified fixed-income options and influencing market trends.
Two funds are set to launch, with sponsors filing SEC forms N-2 to register new offerings and share creations.
The filing of SEC forms N-2 signals upcoming investment opportunities, potentially influencing market dynamics and investor sentiment toward the new funds.
Analyst forecasts for RiverNorth Flexible Municipal Income Fund II Inc. (RFMZ) are not currently available. The stock is trading at $13.03.
Analyst ratings for RFMZ are not currently available. The stock is currently trading at $13.03. 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 $13.03.
The fund operates as a closed-end fund that actively manages a diversified portfolio of municipal bonds, primarily focusing on generating tax-advantaged income. It capitalizes on opportunities within various sectors of the municipal bond market, which allows it to benefit from market fluctuations and optimize returns for investors.
Price targets from Wall Street analysts for RFMZ are not currently available. The stock is trading at $13.03.
Price targets from Wall Street analysts for RFMZ are not currently available. The stock is trading at $13.03.
Analyst ratings for RFMZ are not currently available. The stock is trading at $13.03.
Stock price projections, including those for RiverNorth Flexible 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.