Rivernorth Flexible Municipal Income Fund, Inc. Announces the Declaration of Monthly Distributions, Payable on October 30, 2020, November 30, 2020 and December 31, 2020, Respectively
October 06, 2020 at 02:00 am IST
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RiverNorth Flexible Municipal Income Fund, Inc. announced the declaration of monthly distributions of $0.1042 per common share for the months of October, November and December 2020. Ex-dividend dates are October 15, 2020, November 12, 2020 and December 16, 2020. Record dates are October 16, 2020, November 13, 2020 and December 17, 2020. Payable dates are October 30, 2020, November 30, 2020 and December 31, 2020.
Rivernorth Flexible Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fundâs primary investment objective is to seek current income exempt from regular United States federal income taxes. Its secondary investment objective is total return. The Fundâs secondary investment objective is total return. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing, directly or indirectly, at least 80% of its Managed Assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax. The Fundâs investment adviser is RiverNorth Capital Management, LLC.
Rivernorth Flexible Municipal Income Fund, Inc. Announces the Declaration of Monthly Distributions, Payable on October 30, 2020, November 30, 2020 and December 31, 2020, Respectively