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RiverNorth Flexible Municipal Income Fund II (RFMZ) vs XAI Floating Rate & Alternative Income (XFLT)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.

Summary

RiverNorth Flexible Municipal Income Fund II (RFMZ) has outperformed XAI Floating Rate & Alternative Income (XFLT) over the past year, losing 12.9% versus a loss of 27.7%. Over five years, RFMZ leads with a -45.2% price change compared with -56.4% for XFLT. XAI Floating Rate & Alternative Income is the larger company by market cap ($288.5 million vs $279.6 million), about 1.0 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

RFMZ-12.90%XFLT-27.71%
+6%-19%-43%
Oct 9, 20251 yearOct 9, 2026
RFMZ-43.59%XFLT-56.61%
+12%-28%-68%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

RFMZ versus XFLT key metrics
MetricRFMZXFLT
Share price$11.48$18.94
Market cap$279.56M$288.47M
1-day change+1.23%-0.26%
YTD return-9.32%-21.08%
1-year return-12.90%-27.71%
5-year return-45.24%-56.36%
P/E ratio (TTM)7.17—
EPS (TTM)$1.60$-3.91
Dividend yield8.40%14.26%
Annual dividend$0.00$0.00
52-week high$13.70$26.00
52-week low$11.31$14.93
Distance from 52-week high-16.20%-27.15%
Average volume73.89K84.67K
Shares outstanding24.35M15.23M
SectorFinanceFinance
IndustryFinance/Investors ServicesInvestment Managers

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • RFMZ has outperformed XFLT by 14.8 percentage points over the past year.
  • XAI Floating Rate & Alternative Income offers a meaningfully higher dividend yield (14.26% vs 8.40%).

About XAI Floating Rate & Alternative Income

XFLT stock →

XAI Floating Rate & Alternative Income Trust is headquartered in Chicago, Illinois.

Finance · Investment Managers

RFMZ vs XFLT FAQ

Which is bigger, RiverNorth Flexible Municipal Income Fund II or XAI Floating Rate & Alternative Income?

XAI Floating Rate & Alternative Income (XFLT) is larger, with a market capitalization of $288.47M compared with $279.56M for RiverNorth Flexible Municipal Income Fund II (RFMZ).

Which stock has performed better over the past year, RFMZ or XFLT?

RFMZ returned -12.90% over the past 12 months, compared with -27.71% for XFLT (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, RiverNorth Flexible Municipal Income Fund II or XAI Floating Rate & Alternative Income?

XAI Floating Rate & Alternative Income has the higher yield at 14.26%, compared with 8.40% for RiverNorth Flexible Municipal Income Fund II.

Are RiverNorth Flexible Municipal Income Fund II and XAI Floating Rate & Alternative Income in the same industry?

Both are in the Finance sector, but in different industries: Finance/Investors Services for RiverNorth Flexible Municipal Income Fund II and Investment Managers for XAI Floating Rate & Alternative Income.

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