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O’Neill buys RiverNorth flexible municipal income fund II shares

Published 17/07/2025, 20:12
O’Neill buys RiverNorth flexible municipal income fund II shares
RFMZ
0.16%

Portfolio Manager Stephen O’Neill acquired 1,500 shares of RiverNorth Flexible Municipal Income Fund II, Inc. (EXCHANGE:RFMZ) on July 16, 2025, at a price of $12.7095 per share. The total value of the purchase was $19,064. The fund, with a market capitalization of $309 million, currently offers an attractive dividend yield of 8.1%.

Following the transaction, O’Neill directly owns 11,500 shares of the company. The stock is trading near $12.61, down about 1% year-to-date, and shows notably low price volatility according to InvestingPro analysis. Subscribers can access additional insights and 2 more exclusive ProTips about RFMZ’s financial health and valuation metrics.

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