Carnegie Investment Counsel’s RiverNorth Flexible Municipal Income Fund RFM Stock Holding History

Carnegie Investment Counsel’s Portfolio RFM Stock Details RFM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	–	Sell	-15,000	Closed	-$210K	–	583
2026 Q1	$210K	Hold	15,000	–	–	﹤0.01%	539
2025 Q4	$210K	Hold	15,000	–	–	﹤0.01%	547
2025 Q3	$217K	Hold	15,000	–	–	﹤0.01%	533
2025 Q2	$209K	Hold	15,000	–	–	﹤0.01%	522
2025 Q1	$212K	Hold	15,000	–	–	0.01%	476
2024 Q4	$223K	Hold	15,000	–	–	0.01%	431
2024 Q3	$244K	Hold	15,000	–	–	0.01%	423
2024 Q2	$243K	Hold	15,000	–	–	0.01%	429
2024 Q1	$244K	Hold	15,000	–	–	0.01%	447
2023 Q4	$232K	Hold	15,000	–	–	0.01%	448
2023 Q3	$215K	Hold	15,000	–	–	0.01%	459
2023 Q2	$239K	Hold	15,000	–	–	0.01%	453
2023 Q1	$232K	Hold	15,000	–	–	0.01%	468
2022 Q4	$235K	Hold	15,000	–	–	0.01%	460
2022 Q3	$233K	Hold	15,000	–	–	0.01%	435
2022 Q2	$251K	Hold	15,000	–	–	0.01%	422
2022 Q1	$279K	Hold	15,000	–	–	0.01%	421
2021 Q4	$329K	Hold	15,000	–	–	0.01%	408
2021 Q3	$351K	Hold	15,000	–	–	0.01%	368
2021 Q2	$355K	Hold	15,000	–	–	0.01%	366
2021 Q1	$331K	Hold	15,000	–	–	0.01%	364
2020 Q4	$328K	Hold	15,000	–	–	0.01%	346
2020 Q3	$305K	Hold	15,000	–	–	0.02%	337
2020 Q2	$294K	Hold	15,000	–	–	0.02%	346
2020 Q1	$300K	Buy	+15,000	New	+$300K	0.02%	324

Other funds holding RFM

RCM

Robinson Capital Management Grosse Pointe Farms, Michigan $226M AUM 6.92% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

TJHA

Thomas J. Herzfeld Advisors Miami Beach, Florida $326M AUM 0.12% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

PFM

Professional Financial Management Appleton, Wisconsin $98.6M AUM

RCM

Rivernorth Capital Management West Palm Beach, Florida $2.1B AUM 2.15% 1-Year Est. Return

EPG

Estate Planners Group Yardley, Pennsylvania $221M AUM

Carnegie Investment Counsel's RFM Position: Q2 2026 in Review

Carnegie Investment Counsel sold out of RiverNorth Flexible Municipal Income Fund (RFM) in Q2 2026, closing a stake of 15,000 shares — an estimated $210K sold.

Carnegie Investment Counsel first reported a position in RFM in Q1 2020 and held it in 25 quarters. The position peaked at $355K in Q2 2021. 25 funds tracked by Wall St. Rank hold RFM as of Q2 2026.

Carnegie Investment Counsel reported no remaining RiverNorth Flexible Municipal Income Fund position as of Q2 2026 after selling out during the quarter.
Carnegie Investment Counsel sold 15,000 RiverNorth Flexible Municipal Income Fund shares in Q2 2026, an estimated $210K.
Carnegie Investment Counsel first reported a position in RiverNorth Flexible Municipal Income Fund in Q1 2020 and held it in 25 quarters.
Carnegie Investment Counsel's RiverNorth Flexible Municipal Income Fund position peaked at $355K in Q2 2021.
25 funds tracked by Wall St. Rank held RiverNorth Flexible Municipal Income Fund as of Q2 2026.

Based on Carnegie Investment Counsel's 13F filing for Q2 2026, filed 30 Jul 2026.