RiverNorth Flexible Municipal Income Fund, Inc. Announces the Declaration of Monthly Distributions, Payable on July 31, 2020, August 31, 2020 and September 30, 2020, Respectively
July 07, 2020 at 04:30 pm
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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 July, August and September 2020. Ex-dividend dates are July 16, 2020, August 13, 2020 and September 15, 2020. Record dates are July 17, 2020, August 14, 2020 and September 16, 2020. Payable dates are July 31, 2020, August 31, 2020 and September 30, 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 July 31, 2020, August 31, 2020 and September 30, 2020, Respectively