RiverNorth Flexible Municipal Income Fund II Inc. Common Stock (RFMZ)

FairStock Score: 22/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am asked to assess RiverNorth Flexible Municipal Income Fund II at $11.57 on 2026-10-13. This is a small financial company with a market cap of $315.1 million, and its name suggests a municipal income fund, so I would want to understand its portfolio, leverage, and distribution policy—details not supplied here. The provided valuation is eye-catching: a P/E of 7.23, an EPS input of $1.60, an 8.34% dividend yield, and a FairStock Graham Number of $22.93. At the current price, that implies a margin of safety of 49.54%. The stock also sits near the bottom of its 52-week range of $11.31 to $13.70. On those few numbers, it looks cheap. But Graham would not stop at cheapness. The quality signals are poor. FairStock's Piotroski F-Score is only 2 out of 9, the Altman Z-Score is 0.69, and the composite FairStock Score is 22 out of 100. Those suggest weak financial health or distress risk. The Lynch category is none because only 0 years of filed results are available and three are needed. I also have no P/B, ROE, ROCE, debt-to-equity, beta, revenue growth, or profit growth to work with. That is a thin record. A high dividend yield can be a signal of value or a warning that the distribution is not covered. Without filed revenue, net income, and coverage data, I cannot tell which. So I see a statistically cheap price on limited information, but not the durable, understandable business with a margin of safety I prefer. A true value investor would demand the fund's financial statements before trusting the yield.

In plain English: This is a municipal income fund in the financial sector. It pays a high dividend, and its price looks low compared with its provided earnings and an estimated fair-value number. However, other financial-health checks are weak and there is very little filed history to judge the business, so it looks speculative rather than clearly strong.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer