RFMZ ETF

RFMZ ETF
$13.33
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Fund Essentials - as of Mar 31, 2026

Net Assets
$351M
Expense Ratio
4.27%
Dividend Yield (Current)
6.94%
Holdings
126
Inception Date
Feb 24, 2021
Fund Family
RiverNorth
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly

Performance

YTD+3.37%
1 Year+10.94%
3 Year+4.38%
5 Year-0.59%

Asset Allocation

Stocks: 3.97%
Bonds: 108.32%
Cash: 26.75%
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Top Holdings

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TickerNameWeight
MCSXXBlackrock Liquidity Funds Municash Portfolio, Institutional Shares10.12%
MHDBlackrock Muniholdings Fund8.95%
MQYBlackrock Muniyield Quality Fund8.09%
-Chicago -A-Amt 5.25 1/454.52%
-Chicago Il Park Di 5% 01/01/444.48%
Top 10 Concentration: 57.06%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
6.94%
Frequency
Monthly
Latest Distribution
$0.08
Aug 14, 2026
12M Distributions
12 payments
Total: $0.99

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 $351.1M 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 3.37%. The 1-year return is 10.94% and the 5-year return is -0.59%. RFMZ dividend yield stands at 6.94%, paid monthly.

RFMZ top holdings include Blackrock Liquidity Funds Municash Portfolio, Institutional Shares (10.1%), Blackrock Muniholdings Fund (8.9%), Blackrock Muniyield Quality Fund (8.1%), Chicago -A-Amt 5.25 1/45 (4.5%), Chicago Il Park Di 5% 01/01/44 (4.5%). 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
-1.51%
YTD
+3.37%
1 Year
+10.94%
3 Year
+4.38%

Top 10 Holdings (net long exposure of 37% (≈3x))

#TickerNameSectorWeight
1MCSXXBlackrock Liquidity Funds Municash Portfolio, Institutional SharesFinancials10.12%
2MHDBlackrock Muniholdings FundUnknown8.95%
3MQYBlackrock Muniyield Quality FundUnknown8.09%
4-Chicago -A-Amt 5.25 1/45Other4.52%
5-Chicago Il Park Di 5% 01/01/44Other4.48%
6-Hawaii State, Airport System Revenue Bonds, Series 2018aOther4.37%
7IL ILS 5.5 05/01/203Illinois St 5.5% 05/01/39Financials4.17%
8PA PASTRN 5 12/01/20Pennsylvania (state Of) Turnpike Commission, Series 2020 B, RbUtilities4.17%
9MYIBlackrock Muniyield Quality Fund Iii IncUnknown4.11%
10-City Of Los Angeles Department Of Airports 5% 05/15/2051Other4.08%