Thomas J. Herzfeld Advisors’s RiverNorth Flexible Municipal Income Fund II RFMZ Stock Holding History

Thomas J. Herzfeld Advisors’s Portfolio RFMZ Stock Details RFMZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$2.9M	Sell	229,634 -89,852	-28%	-$1.16M	0.99%	26
2025 Q4	$4.04M	Buy	319,486 +18,973	+6%	+$245K	1.37%	23
2025 Q3	$3.92M	Sell	300,513 -2,556	-0.8%	-$32.5K	1.34%	27
2025 Q2	$3.83M	Buy	303,069 +259	+0.1%	+$3.29K	1.37%	21
2025 Q1	$4.06M	Buy	302,810 +47,376	+19%	+$657K	1.38%	21
2024 Q4	$3.42M	Buy	255,434 +1,765	+0.7%	+$24.9K	1.1%	27
2024 Q3	$3.68M	Buy	253,669 +6,550	+3%	+$93.5K	1.22%	25
2024 Q2	$3.49M	Buy	247,119 +20,784	+9%	+$289K	1.23%	22
2024 Q1	$3.18M	Buy	226,335 +47,999	+27%	+$665K	1.12%	23
2023 Q4	$2.34M	Buy	+178,336	New	+$2.26M	0.86%	39
2023 Q1	–	Sell	-750	Closed	-$10.1K	–	336
2022 Q4	$10.1K	Buy	+750	New	+$10.1K	﹤0.01%	163

Other funds holding RFMZ

Rockefeller Capital Management New York $56.4B AUM 24.96% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

RCM

Robinson Capital Management Grosse Pointe Farms, Michigan $239M AUM 0.62% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Pathstone Holdings Englewood, New Jersey $25.1B AUM 22.95% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

GWP

Gateway Wealth Partners Appleton, Wisconsin $2.57B AUM 16.81% 1-Year Est. Return

Atlas Wealth Cincinnati, Ohio $334M AUM 11.57% 1-Year Est. Return

SCM

Saba Capital Management New York $3.62B AUM 13% 1-Year Est. Return

Thomas J. Herzfeld Advisors's RFMZ Position: Q1 2026 in Review

Thomas J. Herzfeld Advisors reduced its RiverNorth Flexible Municipal Income Fund II (RFMZ) stake by 28% in Q1 2026, selling an estimated $1.16M and leaving 229,634 shares worth $2.9M. The position accounts for 0.99% of the portfolio, ranked #26.

Thomas J. Herzfeld Advisors first reported a position in RFMZ in Q4 2022 and has held it in 11 quarters since. The position peaked at $4.06M in Q1 2025. 57 funds tracked by Wall St. Rank hold RFMZ as of Q1 2026.

Thomas J. Herzfeld Advisors held 229,634 shares of RiverNorth Flexible Municipal Income Fund II worth $2.9M as of Q1 2026.
Thomas J. Herzfeld Advisors sold 89,852 RiverNorth Flexible Municipal Income Fund II shares in Q1 2026, an estimated $1.16M.
RiverNorth Flexible Municipal Income Fund II made up 0.99% of Thomas J. Herzfeld Advisors's portfolio in Q1 2026, its #26 holding.
Thomas J. Herzfeld Advisors first reported a position in RiverNorth Flexible Municipal Income Fund II in Q4 2022 and has held it in 11 quarters since.
Thomas J. Herzfeld Advisors's RiverNorth Flexible Municipal Income Fund II position peaked at $4.06M in Q1 2025.
57 funds tracked by Wall St. Rank held RiverNorth Flexible Municipal Income Fund II as of Q1 2026.

Based on Thomas J. Herzfeld Advisors's 13F filing for Q1 2026, filed 12 May 2026.