Revenue

EBITDA

Earnings

Price per share at the end of the period divided by the last reported earnings

Free Cash Flow

RiverNorth Flexible Municipal Income Fund, Inc.

WEST PALM BEACH, FLA.--(BUSINESS WIRE)--IN ACCORDANCE WITH THE RIVERNORTH CLOSED-END FUNDS (THE FUNDS) LEVEL DISTRIBUTION POLICIES, THE FUNDS HAVE DECLARED DISTRIBUTIONS FOR OCTOBER, NOVEMBER AND DECEMBER 2024, AS DETAILED BELOW. EX DATE RECORD DATE PAYABLE DATE OCTOBER 15, 2024 OCTOBER 15, 2024 OCTOBER 31, 2024 NOVEMBER 15, 2024 NOVEMBER 15, 2024 NOVEMBER 29, 2024 DECEMBER 13, 2024 DECEMBER 13, 2024 DECEMBER 31, 2024 TAX-EXEMPT DISTRIBUTIONS1 FUND NAME TICKER DISTRIBUTION PER SHARE NET ASSET.

RIVERNORTH CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

WEST PALM BEACH, FLA.--(BUSINESS WIRE)--IN ACCORDANCE WITH THE RIVERNORTH CLOSED-END FUNDS (THE FUNDS) LEVEL DISTRIBUTION POLICIES, THE FUNDS HAVE DECLARED DISTRIBUTIONS FOR APRIL, MAY AND JUNE 2024, AS DETAILED BELOW. EX DATE RECORD DATE PAYABLE DATE APRIL 12, 2024 APRIL 15, 2024 APRIL 30, 2024 MAY 14, 2024 MAY 15, 2024 MAY 31, 2024 JUNE 14, 2024 JUNE 14, 2024 JUNE 28, 2024 TAX-EXEMPT DISTRIBUTIONS1 FUND NAME TICKER DISTRIBUTION PER SHARE NET ASSET VALUE (NAV) AS OF 3/28/2024 ANNUALIZED CURR.

WEST PALM BEACH, FLA.--(BUSINESS WIRE)--IN ACCORDANCE WITH THE RIVERNORTH CLOSED-END FUNDS (THE FUNDS) LEVEL DISTRIBUTION POLICIES, THE DISTRIBUTION RATES HAVE BEEN RESET FOR THE CALENDAR YEAR 2024, AS DETAILED BELOW. FURTHER, THE FUNDS HAVE DECLARED DISTRIBUTIONS FOR JANUARY, FEBRUARY, AND MARCH 2024. EX DATE RECORD DATE PAYABLE DATE JANUARY 12, 2024 JANUARY 16, 2024 JANUARY 31, 2024 FEBRUARY 14, 2024 FEBRUARY 15, 2024 FEBRUARY 29, 2024 MARCH 14, 2024 MARCH 15, 2024 MARCH 28, 2024 TAX-EXEMPT.

WEST PALM BEACH, FLA.--(BUSINESS WIRE)--THE RIVERNORTH CLOSED-END FUNDS (THE FUNDS) HAVE DECLARED MONTHLY DISTRIBUTIONS FOR OCTOBER, NOVEMBER AND DECEMBER 2023 IN ACCORDANCE WITH EACH FUND'S LEVEL DISTRIBUTION POLICY. DETAILS BELOW.

WEST PALM BEACH, FLA.--(BUSINESS WIRE)--THE RIVERNORTH CLOSED-END FUNDS (THE FUNDS) HAVE DECLARED MONTHLY DISTRIBUTIONS FOR JULY, AUGUST AND SEPTEMBER 2023 IN ACCORDANCE WITH EACH FUND'S LEVEL DISTRIBUTION POLICY. DETAILS BELOW. EX DATE RECORD DATE PAYABLE DATE JULY 13, 2023 JULY 14, 2023 JULY 31, 2023 AUGUST 14, 2023 AUGUST 15, 2023 AUGUST 31, 2023 SEPTEMBER 14, 2023 SEPTEMBER 15, 2023 SEPTEMBER 29, 2023 TAX-EXEMPT DISTRIBUTIONS1 FUND NAME TICKER DISTRIBUTION PER SHARE CHANGE FROM PRIOR DIST.

WEST PALM BEACH, FLA.--(BUSINESS WIRE)--THE RIVERNORTH CLOSED-END FUNDS (THE FUNDS) HAVE DECLARED MONTHLY DISTRIBUTIONS FOR APRIL, MAY AND JUNE 2023 IN ACCORDANCE WITH EACH FUNDS LEVEL DISTRIBUTION POLICY. IN ADDITION, THE RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND, INC. HAS DECLARED A CAPITAL GAIN DISTRIBUTION. DETAILS BELOW. EX DATE RECORD DATE PAYABLE DATE APRIL 13, 2023 APRIL 14, 2023 APRIL 28, 2023 MAY 12, 2023 MAY 15, 2023 MAY 31, 2023 JUNE 14, 2023 JUNE 15, 2023 JUNE 30, 2023 TAX-EXEMPT DISTRIBUTIONS1 FUND NAME TICKER DISTRIBUTION PER SHARE CHANGE FROM PRIOR DISTRIBUTION NET ASSET VALUE (NAV) AS OF 3/31/2023 ANNUALIZED CURRENT DISTRIBUTION RATE AT NAV MARKET PRICE AS OF 3/31/2023 ANNUALIZED CURRENT DISTRIBUTION RATE AT MARKET RIVERNORTH OPPORTUNISTIC MUNICIPAL INCOME FUND, INC.1,2 RMI $0.0974 -- $17.39 6.72% $16.75 6.98% RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND, INC.1,2 RMM $0.0911 -- $16.38 6.67% $15.07 7.25% RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND, INC.1,2 RFM $0.0985 -- $17.64 6.70% $15.49 7.63% RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND II, INC.1,2 RFMZ $0.0865 -- $15.41 6.74% $13.50 7.69% RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC.1,2 RMMZ $0.0971 -- $17.38 6.70% $15.07 7.73% TAXABLE DISTRIBUTIONS FUND NAME TICKER DISTRIBUTION PER SHARE CHANGE FROM PRIOR DISTRIBUTION NET ASSET VALUE (NAV) AS OF 3/31/2023 ANNUALIZED CURRENT DISTRIBUTION RATE AT NAV MARKET PRICE AS OF 3/31/2023 ANNUALIZED CURRENT DISTRIBUTION RATE AT MARKET RIVERNORTH OPPORTUNITIES FUND, INC.3 RIV $0.1278 -- $12.43 12.34% $11.36 13.50% RIVERNORTH CAPITAL AND INCOME FUND, INC.4* RSF $0.1424 -- $16.74 10.21% $15.43 11.07% RIVERNORTH/DOUBLELINE STRATEGIC OPPORTUNITY FUND, INC.5 OPP $0.1021 -- $9.82 12.48% $8.56 14.31% * FORMERLY KNOWN AS RIVERNORTH SPECIALTY FINANCE CORPORATION. EFFECTIVE DECEMBER 7, 2022 THE FUND CHANGED ITS NAME TO RIVERNORTH CAPITAL AND INCOME FUND, INC. CAPITAL GAIN DISTRIBUTION RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUNDS CAPITAL GAIN DISTRIBUTION I

RIVERNORTH CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS AND RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND, INC. DECLARES CAPITAL GAIN DISTRIBUTION

WEST PALM BEACH, FLA.--(BUSINESS WIRE)--IN ACCORDANCE WITH THE RIVERNORTH CLOSED-END FUNDS' (THE FUNDS) LEVEL DISTRIBUTION POLICIES, THE DISTRIBUTION RATES HAVE BEEN RESET FOR THE CALENDAR YEAR 2023, AS DETAILED BELOW. FURTHER, THE FUNDS HAVE DECLARED DISTRIBUTIONS FOR JANUARY, FEBRUARY AND MARCH 2023. EX DATE RECORD DATE PAYABLE DATE JANUARY 12, 2023 JANUARY 13, 2023 JANUARY 31, 2023 FEBRUARY 14, 2023 FEBRUARY 15, 2023 FEBRUARY 28, 2023 MARCH 14, 2023 MARCH 15, 2023 MARCH 31, 2023 TAX-EXEMPT DISTRIBUTIONS1 FUND NAME TICKER DISTRIBUTION PER SHARE CHANGE FROM PRIOR DISTRIBUTION NET ASSET VALUE (NAV) AS OF 12/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT NAV MARKET PRICE AS OF 12/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT MARKET RIVERNORTH OPPORTUNISTIC MUNICIPAL INCOME FUND, INC.1,2 RMI $0.0974 ($0.0066) $17.40 6.72% $16.35 7.15% RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND, INC.1,3 RMM $0.0911 ($0.0018) $16.26 6.72% $14.40 7.59% RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND, INC.1,4 RFM $0.0985 ($0.0077) $17.61 6.71% $15.68 7.54% RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND II, INC.1,5 RFMZ $0.0865 ($0.0063) $15.48 6.71% $13.53 7.67% RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC.1,6 RMMZ $0.0971 ($0.0071) $17.38 6.70% $15.18 7.68% TAXABLE DISTRIBUTIONS FUND NAME TICKER DISTRIBUTION PER SHARE CHANGE FROM PRIOR DISTRIBUTION NET ASSET VALUE (NAV) AS OF 12/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT NAV MARKET PRICE AS OF 12/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT MARKET RIVERNORTH OPPORTUNITIES FUND, INC.7 RIV $0.1278 ($0.0422) $12.27 12.50% $12.28 12.49% RIVERNORTH CAPITAL AND INCOME FUND, INC.8* RSF $0.1424 ($0.0238) $17.12 9.98% $16.93 10.09% RIVERNORTH/DOUBLELINE STRATEGIC OPPORTUNITY FUND, INC.9 OPP $0.1021 ($0.0457) $9.80 12.50% $8.68 14.12% * FORMERLY KNOWN AS RIVERNORTH SPECIALTY FINANCE CORPORATION. EFFECTIVE DECEMBER 7, 2022 THE FUND CHANGED ITS NAME TO RIVERNORTH CAPITAL AND INCOME FUND, INC. 1 MONTHLY DISTRIBUTIONS FROM RMI, RMM

WEST PALM BEACH, FLA.--(BUSINESS WIRE)--THE RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND, INC. (THE FUND) HAS DECLARED A YEAR-END CAPITAL GAIN DISTRIBUTION, AS DETAILED BELOW. THIS YEAR-END CAPITAL GAIN DISTRIBUTION IS IN ADDITION TO THE FUNDS REGULAR MONTHLY DISTRIBUTION AND IS BEING PAID TO ALLOW THE FUND TO MEET ITS 2022 DISTRIBUTION REQUIREMENT. EX DATE RECORD DATE PAYABLE DATE DECEMBER 22, 2022 DECEMBER 23, 2022 DECEMBER 30, 2022 TICKER FUND NAME SHORT-TERM CAPITAL GAIN DISTRIBUTION PER SHARE LONG-TERM CAPITAL GAIN DISTRIBUTION PER SHARE RFM1 RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND, INC. $0.00000 $0.04001 1. RIVERNORTH DOES NOT PROVIDE TAX ADVICE; CONSULT A PROFESSIONAL TAX ADVISOR REGARDING YOUR SPECIFIC TAX SITUATION. INCOME MAY BE SUBJECT TO STATE AND LOCAL TAXES AS WELL AS THE AMT. DETERMINATION AS TO TAXABILITY WILL BE PROVIDED IN EARLY 2023. HOLDERS OF THE FUNDS COMMON STOCK WILL RECEIVE THE DISTRIBUTION UNDER ONE OF TWO OPTIONS: 1. RECEIVE ADDITIONAL FULL AND FRACTIONAL SHARES OF THE FUNDS COMMON STOCK OR, 2. ELECT TO RECEIVE CASH FOR THE DIVIDEND AND DISTRIBUTION. CONTACT YOUR BROKER-DEALER WHERE YOU HOLD THE SHARES TO CONFIRM YOUR DISTRIBUTION REINVESTMENT ELECTION. AS OF THE DATE OF THIS RELEASE, THE RIVERNORTH OPPORTUNITIES FUND, INC., THE RIVERNORTH CAPITAL AND INCOME FUND, INC., THE RIVERNORTH/DOUBLELINE STRATEGIC OPPORTUNITY FUND, INC., THE RIVERNORTH OPPORTUNISTIC MUNICIPAL INCOME FUND, INC., THE RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND, INC., THE RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND II, INC., AND THE RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC. DO NOT ANTICIPATE HAVING TO MAKE YEAR-END CAPITAL GAIN DISTRIBUTIONS. SUCH DETERMINATIONS ARE BASED ON THEN CURRENT ESTIMATES AND ARE SUBJECT TO CHANGE. ABOUT RIVERNORTH RIVERNORTH CAPITAL MANAGEMENT, LLC IS AN INVESTMENT MANAGEMENT FIRM FOUNDED IN 2000. WITH $4.9 BILLION2 IN ASSETS UNDER MANAGEMENT AS OF OCTOBER 31, 2022, RIVERNORTH SPECIALIZES IN OPPORTUNISTIC INVESTMENT STRAT

RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND, INC. DECLARES YEAR-END CAPITAL GAIN DISTRIBUTION

WEST PALM BEACH, FLA.--(BUSINESS WIRE)--THE RIVERNORTH CLOSED-END FUNDS (THE FUNDS) HAVE ANNOUNCED THE DECLARATION OF MONTHLY DISTRIBUTIONS FOR OCTOBER, NOVEMBER AND DECEMBER 2022 IN ACCORDANCE WITH EACH FUNDS LEVEL DISTRIBUTION POLICY AS DETAILED BELOW. THE FOLLOWING DATES APPLY TO THE DISTRIBUTION DECLARATIONS FOR RMI, RMM, RFM, RFMZ, RMMZ, OPP AND RSF. EX DATE RECORD DATE PAYABLE DATE OCTOBER 13, 2022 OCTOBER 14, 2022 OCTOBER 31, 2022 NOVEMBER 14, 2022 NOVEMBER 15, 2022 NOVEMBER 30, 2022 DECEMBER 14, 2022 DECEMBER 15, 2022 DECEMBER 30, 2022 TAX-EXEMPT DISTRIBUTIONS1 FUND NAME TICKER DISTRIBUTION PER SHARE CHANGE FROM PRIOR DISTRIBUTION NET ASSET VALUE (NAV) AS OF 9/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT NAV MARKET PRICE AS OF 9/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT MARKET RIVERNORTH OPPORTUNISTIC MUNICIPAL INCOME FUND, INC.1,2 RMI $0.1040 - $16.69 7.48% $15.60 8.00% RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND, INC.1,3 RMM $0.0929 - $15.43 7.22% $14.62 7.63% RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND, INC.1,4 RFM $0.1062 - $16.89 7.55% $15.55 8.20% RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND II, INC.1,5 RFMZ $0.0928 - $14.82 7.51% $13.25 8.40% RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC.1,6 RMMZ $0.1042 - $16.58 7.54% $15.33 8.16% TAXABLE DISTRIBUTIONS FUND NAME TICKER DISTRIBUTION PER SHARE CHANGE FROM PRIOR DISTRIBUTION NET ASSET VALUE (NAV) AS OF 9/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT NAV MARKET PRICE AS OF 9/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT MARKET RIVERNORTH/DOUBLELINE STRATEGIC OPPORTUNITY FUND, INC.7 OPP $0.1478 - $10.14 17.49% $9.20 19.28% RIVERNORTH SPECIALTY FINANCE CORPORATION8 RSF $0.1662 - $17.29 11.53% $17.18 11.61% THE FOLLOWING DATES APPLY TO THE DISTRIBUTION DECLARATIONS FOR RIV. EX DATE RECORD DATE PAYABLE DATE OCTOBER 13, 2022 OCTOBER 14, 2022 OCTOBER 31, 2022 NOVEMBER 18, 2022 NOVEMBER 21, 2022 NOVEMBER 30, 2022 DECEMBER 14, 2022 DECEMBER 15, 2022 DECEMBER 30, 2022 TAXABLE DISTRIBUTIO

WEST PALM BEACH, FLA.--(BUSINESS WIRE)--SEVERAL RIVERNORTH CLOSED-END FUNDS (THE FUNDS) HAVE ANNOUNCED THE DECLARATION OF MONTHLY DISTRIBUTIONS FOR JULY, AUGUST AND SEPTEMBER 2022 IN ACCORDANCE WITH EACH FUNDS LEVEL DISTRIBUTION POLICY, AS DETAILED BELOW. EX DATE RECORD DATE PAYABLE DATE JULY 14, 2022 JULY 15, 2022 JULY 29, 2022 AUGUST 16, 2022 AUGUST 17, 2022 AUGUST 31, 2022 SEPTEMBER 15, 2022 SEPTEMBER 16, 2022 SEPTEMBER 30, 2022 TAX-EXEMPT DISTRIBUTIONS1 FUND NAME TICKER DISTRIBUTION PER SHARE CHANGE FROM PRIOR DISTRIBUTION NET ASSET VALUE (NAV) AS OF 6/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT NAV MARKET PRICE AS OF 6/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT MARKET RIVERNORTH OPPORTUNISTIC MUNICIPAL INCOME FUND, INC.1,2 RMI $0.1040  $17.77 7.02% $17.50 7.13% RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND, INC.1,3 RMM $0.0929  $16.42 6.79% $15.80 7.06% RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND, INC.1,4 RFM $0.1062  $18.15 7.02% $16.70 7.63% RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND II, INC.1,5 RFMZ $0.0928  $15.77 7.06% $14.54 7.66% RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC.1,6 RMMZ $0.1042  $17.63 7.09% $16.16 7.74% TAXABLE DISTRIBUTIONS FUND NAME TICKER DISTRIBUTION PER SHARE CHANGE FROM PRIOR DISTRIBUTION NET ASSET VALUE (NAV) AS OF 6/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT NAV MARKET PRICE AS OF 6/30/2022 ANNUALIZED CURRENT DISTRIBUTION RATE AT MARKET RIVERNORTH/DOUBLELINE STRATEGIC OPPORTUNITY FUND, INC.7 OPP $0.1478  $11.27 15.74% $10.89 16.29% RIVERNORTH SPECIALTY FINANCE CORPORATION8 RSF $0.1662  $18.01 11.07% $18.03 11.06% 1 MONTHLY DISTRIBUTIONS FROM RMI, RMM, RFM, RFMZ AND RMMZ ARE EXPECTED TO BE GENERALLY EXEMPT FROM REGULAR U.S. FEDERAL INCOME TAXES, HOWEVER, PORTIONS OF THESE FUNDS DISTRIBUTIONS MAY (I) BE SUBJECT TO U.S. FEDERAL INCOME TAX, (II) BE INCLUDABLE IN TAXABLE INCOME FOR PURPOSES OF THE FEDERAL ALTERNATIVE MINIMUM TAX, OR (III) CONSTITUTE A RETURN OF CAPITAL. SUCH DISTRIBUTIONS WILL ALSO GENERALLY B

RiverNorth Flexible Municipal Income Fund, Inc.

RFM

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RiverNorth Flexible Municipal Income Fund, Inc.

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