Rivernorth Flexible Municipal Income Fund Ii, Inc. Declares Distribution the Month of January, February and March 2022, Payable on January 31, 2022, February 28, 2022 and March 31, 2022 Respectively
January 03, 2022 at 04:42 pm EST
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RiverNorth Flexible Municipal Income Fund II, Inc. declared monthly distribution of $0.0928 per share for January, February and March 2022. This dividends are payable on January 31, 2022, February 28, 2022 and March 31, 2022 with a record date of January 14, 2022, February 11, 2022 and March 17, 2022 and ex-date of January 13, 2022, February 10, 2022 and March 16, 2022 respectively.
Rivernorth Flexible Municipal Income Fund II, Inc. is a diversified, closed-end management investment company. The Fundâs primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The Fundâs secondary investment objective is total return. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing, directly or indirectly, at least 80% of its managed assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular United States federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax. The Fundâs investment adviser is RiverNorth Capital Management, LLC and sub-adviser is MacKay Shields, LLC.
Rivernorth Flexible Municipal Income Fund Ii, Inc. Declares Distribution the Month of January, February and March 2022, Payable on January 31, 2022, February 28, 2022 and March 31, 2022 Respectively