RFMZ ETF

RFMZ ETF
$11.50
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Fund Essentials - as of Jun 30, 2026

Net Assets
$318M
Expense Ratio
4.27%
Dividend Yield (Current)
7.53%
Holdings
126
Inception Date
Feb 24, 2021
Fund Family
RiverNorth
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly

Performance

YTD-4.79%
1 Year-3.06%
3 Year+4.98%
5 Year-0.70%

Asset Allocation

Stocks: 4.26%
Bonds: 109.66%
Cash: 11.07%
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Top Holdings

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TickerNameWeight
MHDBlackrock Muniholdings Fund9.14%
MQYBlackrock Muniyield Quality Fund8.28%
-Chicago -A-Amt 5.25 1/454.43%
-Chicago Il Park Di 5% 01/01/444.37%
MCSXXBlackrock Liquidity Municash Instl4.33%
Top 10 Concentration: 51.18%Report Date: Jun 30, 2026
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Dividend Summary

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Dividend Yield (Current)
7.53%
Frequency
Monthly
Latest Distribution
$0.08
Sep 15, 2026
12M Distributions
11 payments
Total: $0.90

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This ETF
PRO
Peer Avg
PRO

RFMZ ETF Overview

RFMZ ETF (RiverNorth Flexible Municipal Income Fund II Inc) is managed by RiverNorth with $318.1M in net assets. RFMZ expense ratio is 4.27%, holding 126 positions across sectors including Financials, Utilities, Industrials. Inception date: 2021-02-24.

RFMZ performance shows a YTD return of -4.79%. The 1-year return is -3.06% and the 5-year return is -0.70%. RFMZ dividend yield stands at 7.53%, paid monthly.

RFMZ top holdings include Blackrock Muniholdings Fund (9.1%), Blackrock Muniyield Quality Fund (8.3%), Chicago -A-Amt 5.25 1/45 (4.4%), Chicago Il Park Di 5% 01/01/44 (4.4%), Blackrock Liquidity Municash Instl (4.3%). Go to all RFMZ holdings, RFMZ sectors, or RFMZ dividends.

RFMZ can be compared against other funds. Use RFMZ overlap to find shared positions, or RFMZ vs another fund for a side-by-side view. RFMZ alternatives are available via the screener, along with tax-loss harvesting opportunities.

1 Month
-7.24%
YTD
-4.79%
1 Year
-3.06%
3 Year
+4.98%

Top 10 Holdings (net long exposure of 39% (≈3x))

#TickerNameSectorWeight
1MHDBlackrock Muniholdings FundUnknown9.14%
2MQYBlackrock Muniyield Quality FundUnknown8.28%
3-Chicago -A-Amt 5.25 1/45Other4.43%
4-Chicago Il Park Di 5% 01/01/44Other4.37%
5MCSXXBlackrock Liquidity Municash InstlFinancials4.33%
6-Hawaii State, Airport System Revenue Bonds, Series 2018aOther4.25%
7MYIBlackrock Muniyield Quality Fund Iii IncUnknown4.21%
8PA PASTRN 5 12/01/20Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2020bUtilities4.07%
9IL ILS 5.5 05/01/203Illinois St 5.5% 05/01/39Financials4.06%
10-City Of Los Angeles Department Of Airports 5% 05/15/2051Other4.04%