RiverNorth Flexible Municipal Income Fund II invests in municipal securities, seeking tax-exempt income and capital appreciation.

RiverNorth Flexible Municipal Income Fund II (NYSE:RFMZ) focuses on achieving a high level of current income exempt from regular U.S. federal income taxes, with secondary objectives such as capital appreciation. The company primarily invests in a diverse portfolio of municipal securities. By utilizing a flexible investment approach, it aims to capitalize on inefficiencies within the municipal bond market. This strategy involves both active trading and strategic allocations across various sectors and maturities within the municipal landscape. Their projects revolve around identifying undervalued bonds, arbitrage opportunities, and other income-generating strategies within the tax-exempt market. The core objective of RiverNorth Flexible Municipal Income Fund II is to provide investors with consistent, tax-advantaged income, while also seeking opportunities for capital appreciation through prudent risk management and market analysis.