RiverNorth Flexible Municipal Income Fund II Inc (RFMZ) — Net Asset Quality Index
RiverNorth Flexible Municipal Income Fund II Inc (RFMZ) has a Net Asset Quality Index of 58.2% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $585.45 Million minus total liabilities of $244.79 Million yields net assets of $340.66 Million. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of RiverNorth Flexible Municipal Income Fun to measure how many days the company can operate on defensive assets alone.
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Net Assets
Total Assets
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RiverNorth Flexible Municipal Income Fund II Inc Net Asset Quality Index Over Time (2021–2025)
This chart shows how RiverNorth Flexible Municipal Income Fund II Inc's Net Asset Quality Index has evolved across 5 annual periods from 2021 to 2025. As of June 2025, the index stands at 58.2%, representing net assets of $340.66 Million against total assets of $585.45 Million USD. Explore RFMZ cash generation efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for RiverNorth Flexible Municipal Income Fund II Inc (2021–2025)
The table below presents the year-by-year Net Asset Quality Index for RiverNorth Flexible Municipal Income Fund II Inc from 2021 to 2025, covering 5 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see RFMZ market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 58.2% | $340.66 Million | $585.45 Million | $244.79 Million | ▼ -2.8 pp |
| 2024 | 61.0% | $380.04 Million | $622.71 Million | $242.67 Million | ▲ +0.8 pp |
| 2023 | 60.3% | $373.53 Million | $619.87 Million | $246.34 Million | ▲ +8.7 pp |
| 2022 | 51.5% | $384.11 Million | $745.46 Million | $361.36 Million | ▼ -19.8 pp |
| 2021 | 71.3% | $505.71 Million | $709.00 Million | $203.29 Million | — |