Morgan Stanley
RFM

Morgan Stanley’s RiverNorth Flexible Municipal Income Fund RFM Stock Holding History

Morgan Stanley’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 		$1.84M Buy
124,718
+8,374
+7% +$121K ﹤0.01% 4895
2026
Q1 		$1.63M Sell
116,344
-80,048
-41% -$1.15M ﹤0.01% 4881
2025
Q4 		$2.74M Buy
196,392
+58,331
+42% +$832K ﹤0.01% 4592
2025
Q3 		$2M Buy
138,061
+31,059
+29% +$435K ﹤0.01% 4790
2025
Q2 		$1.49M Buy
107,002
+15,777
+17% +$222K ﹤0.01% 4888
2025
Q1 		$1.35M Buy
91,225
+10,326
+13% +$158K ﹤0.01% 4847
2024
Q4 		$1.2M Buy
80,899
+3,745
+5% +$59.3K ﹤0.01% 5000
2024
Q3 		$1.26M Buy
77,154
+3,539
+5% +$56.5K ﹤0.01% 4909
2024
Q2 		$1.19M Buy
73,615
+17,645
+32% +$284K ﹤0.01% 4851
2024
Q1 		$910K Buy
55,970
+8,958
+19% +$141K ﹤0.01% 5007
2023
Q4 		$727K Sell
47,012
-21,695
-32% -$312K ﹤0.01% 5118
2023
Q3 		$983K Buy
68,707
+2,624
+4% +$41K ﹤0.01% 4809
2023
Q2 		$1.05M Buy
66,083
+9,547
+17% +$146K ﹤0.01% 4798
2023
Q1 		$876K Sell
56,536
-789
-1% -$12.6K ﹤0.01% 4935
2022
Q4 		$899K Sell
57,325
-7,566
-12% -$120K ﹤0.01% 4931
2022
Q3 		$1.01M Buy
64,891
+14,773
+29% +$251K ﹤0.01% 4877
2022
Q2 		$837K Buy
50,118
+10,786
+27% +$186K ﹤0.01% 5128
2022
Q1 		$731K Buy
39,332
+8,800
+29% +$177K ﹤0.01% 5183
2021
Q4 		$669K Buy
30,532
+1,673
+6% +$38.4K ﹤0.01% 5373
2021
Q3 		$676K Buy
28,859
+1,523
+6% +$36.8K ﹤0.01% 5317
2021
Q2 		$646K Buy
27,336
+5,861
+27% +$137K ﹤0.01% 5363
2021
Q1 		$474K Buy
21,475
+2,507
+13% +$55.2K ﹤0.01% 5183
2020
Q4 		$414K Buy
18,968
+6,005
+46% +$125K ﹤0.01% 5196
2020
Q3 		$264K Buy
+12,963
New +$262K ﹤0.01% 4964

Other funds holding RFM

RCM
Robinson Capital Management Grosse Pointe Farms, Michigan $226M AUM 6.92% 1-Year Est. Return
Wells Fargo
Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return
GC
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
Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return
UBS Group
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
NA
NewEdge Advisors New Orleans, Louisiana $33.6B AUM 31.03% 1-Year Est. Return

Morgan Stanley's RFM Position: Q2 2026 in Review

Morgan Stanley increased its RiverNorth Flexible Municipal Income Fund (RFM) stake by 7.2% in Q2 2026, buying an estimated $121K and bringing the position to 124,718 shares worth $1.84M. The position accounts for ﹤0.01% of the portfolio, ranked #4895.

Morgan Stanley first reported a position in RFM in Q3 2020 and has held it in 24 quarters since. The position peaked at $2.74M in Q4 2025. 25 funds tracked by Wall St. Rank hold RFM as of Q2 2026.

  • Morgan Stanley held 124,718 shares of RiverNorth Flexible Municipal Income Fund worth $1.84M as of Q2 2026.
  • Morgan Stanley bought 8,374 RiverNorth Flexible Municipal Income Fund shares in Q2 2026, an estimated $121K.
  • RiverNorth Flexible Municipal Income Fund made up ﹤0.01% of Morgan Stanley's portfolio in Q2 2026, its #4895 holding.
  • Morgan Stanley first reported a position in RiverNorth Flexible Municipal Income Fund in Q3 2020 and has held it in 24 quarters since.
  • Morgan Stanley's RiverNorth Flexible Municipal Income Fund position peaked at $2.74M in Q4 2025.
  • 25 funds tracked by Wall St. Rank held RiverNorth Flexible Municipal Income Fund as of Q2 2026.

Based on Morgan Stanley's 13F filing for Q2 2026, filed 13 Aug 2026.