# RiverNorth Flexible Municipal Income Fund II Inc. (RFMZ) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services. Price $12.95, market value $315 million.

## Valuation
- **P/E (trailing): 215.8×** (5-yr avg 13.4×, 3-yr avg 13.4×). RiverNorth Flexible Municipal Income Fund II Inc. trades at 215.8× trailing earnings, well above its own five-year average of 13.4×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 7.4%** (5-yr avg 3.3%). Free cash flow equals 7.4% of the market value, above its five-year average of 3.3%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 0.5%**. The inverse of the P/E: 0.5% of the price is earned each year.

## Profitability
- **Net margin: 101.7%**. 101.7% of each dollar of sales reaches the bottom line.
- **Return on equity: -4.2%**. Return on equity is negative because earnings are negative.
- **Return on assets: -2.4%**. Each dollar of assets produces -2.4% of profit; low single digits are normal for banks and insurers.

## Growth
- **EPS growth (1 yr): -145.0%**. Earnings per share fell 145.0%.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 7.45%** ($0.96 per share, trailing). RiverNorth Flexible Municipal Income Fund II Inc. yields 7.45%, high enough to check carefully: yields this high often precede a cut.

## Price and momentum
- **Total return (1 yr): 9.8%** (YTD 6.7%, 3-mo -1.6%). The shares are up 9.8% over twelve months including dividends.
- **From 52-week high: -5.5%** (5.3% above the low). Trading 5% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 37**. An RSI of 37 is neutral.
- **Beta (1 yr): 0.22** (volatility 9%). Beta of 0.22 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RFMZ · Page: https://foliofundamentals.com/stocks/rfmz

Not investment advice.