RFMZ (RiverNorth Flex Muniome Fund II) OCF Yield %: 8.04 (As of Jul. 27, 2026) — Near Median

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RFMZ RiverNorth Flex Muni Income Fund II Inc RFMZ
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Price $13.31
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What is RiverNorth Flex Muniome Fund II OCF Yield %?

RiverNorth Flex Muniome Fund II RFMZ +0.99% 30 OCF Yield % is 8.04 as of Jul. 27, 2026, which is 3% above its 10-year median of 7.79. GuruFocus rates RFMZ with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 1,510 Asset Management companies, RiverNorth Flex Muniome Fund II ranks better than 69.93% on this metric.

OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

As of today, RiverNorth Flex Muniome Fund II's Trailing 12-Month Cash Flow from Operations is $26.07 Mil, and Market Cap is $324.12 Mil. Therefore, RiverNorth Flex Muniome Fund II's OCF Yield % for today is 8.04%.

The historical rank and industry rank for RiverNorth Flex Muniome Fund II's OCF Yield % or its related term are showing as below:

RFMZ' s OCF Yield % Range Over the Past 10 Years
Min: -13.14   Med: 7.79   Max: 11.1
Current: 8.04


During the past 5 years, the highest OCF Yield % of RiverNorth Flex Muniome Fund II was 11.10%. The lowest was -13.14%. And the median was 7.79%.

RFMZ's OCF Yield % is ranked better than
69.93% of 1510 companies
in the Asset Management industry
Industry Median: 2.53 vs RFMZ: 8.04

RiverNorth Flex Muniome Fund II's OCF Margin % for the quarter that ended in Dec. 2025 was %.


RiverNorth Flex Muniome Fund II OCF Yield % Explanation

Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


RiverNorth Flex Muniome Fund II OCF Yield % Related Terms


RiverNorth Flex Muniome Fund II OCF Yield % Historical Data

* Premium members only.

The historical data trend for RiverNorth Flex Muniome Fund II's OCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RiverNorth Flex Muniome Fund II OCF Yield % Chart

RiverNorth Flex Muniome Fund II Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
OCF Yield %
0.00 -11.53 8.62 8.01 7.62

RiverNorth Flex Muniome Fund II Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
OCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.87 6.88 5.79 9.11 7.82

RFMZ vs BGT, JOF, PPT: OCF Yield % Comparison

For the Asset Management subindustry, RiverNorth Flex Muniome Fund II's OCF Yield %, along with its competitors' market caps and OCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RiverNorth Flex Muniome Fund II OCF Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Flex Muniome Fund II's OCF Yield % distribution charts can be found below:

* The bar in red indicates where RiverNorth Flex Muniome Fund II's OCF Yield % falls into.


RFMZ
30GF Score
RiverNorth Flex Muni Income Fund II Inc RFMZ
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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RiverNorth Flex Muniome Fund II OCF Yield % Calculation

OCF Yield % is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

RiverNorth Flex Muniome Fund II's OCF Yield % for the fiscal year that ended in Jun. 2025 is calculated as

OCF Yield %=Cash Flow from Operations / Market Cap
=23.468 / 307.80928
=7.62%

RiverNorth Flex Muniome Fund II's annualized OCF Yield % for the quarter that ended in Dec. 2025 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=12.052 * 2 / 308.29632
=7.82%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Yield % →
What does a OCF Yield % of 8.04 mean?
RiverNorth Flex Muniome Fund II (RFMZ) has a OCF Yield % of 8.04 as of Jul. 27, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on RiverNorth Flex Muniome Fund II and its competitors. This is near median its historical median of 7.79. According to the industry distribution chart, RiverNorth Flex Muniome Fund II ranks #454 out of 1510 companies in the Asset Management industry, placing it in the top 30.1%.
Is RiverNorth Flex Muniome Fund II's OCF Yield % too high?
RiverNorth Flex Muniome Fund II's current OCF Yield % of 8.04 is near median its 10-year median of 7.79. The Asset Management industry median OCF Yield % is 2.53. RiverNorth Flex Muniome Fund II's value of 8.04 is 217.8% above this industry median. Based on the distribution chart, RiverNorth Flex Muniome Fund II ranks #454 out of 1510 companies in the Asset Management industry, which is above the industry midpoint. Overall, RiverNorth Flex Muniome Fund II has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Flex Muniome Fund II's OCF Yield % compare to BGT and JOF?
According to the Asset Management industry distribution chart, RiverNorth Flex Muniome Fund II ranks #454 out of 1510 companies for OCF Yield %. This puts RiverNorth Flex Muniome Fund II in the upper half of its industry. The industry median OCF Yield % is 2.53. RiverNorth Flex Muniome Fund II's value of 8.04 is 217.8% above this benchmark. While the company's 10-year median is 7.79 vs. the industry median of 2.53, RiverNorth Flex Muniome Fund II has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Yield % for an Asset Management company?
The median OCF Yield % among Asset Management companies is 2.53, based on 1,510 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RiverNorth Flex Muniome Fund II's current OCF Yield % of 8.04 is 217.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on RiverNorth Flex Muniome Fund II and its competitors. For the Asset Management industry, the median OCF Yield % is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Flex Muniome Fund II's current OCF Yield % is 8.04, which is near median its own 10-year median of 7.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiverNorth Flex Muniome Fund II stock overvalued right now?
RiverNorth Flex Muniome Fund II (RFMZ) has a current OCF Yield % of 8.04. The current OCF Yield % is 8.04, which is near median its 10-year median of 7.79 and 217.8% above the Asset Management industry median of 2.53. RiverNorth Flex Muniome Fund II's overall GF Score™ is 30/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For RiverNorth Flex Muniome Fund II (RFMZ), the current OCF Yield % is 8.04 as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

RiverNorth Flex Muniome Fund II Business Description

Address 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Flex Muni Income Fund II Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.
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