The RiverNorth Flexible Municipal Income Fund II Inc (RFMZ) is a mutual fund that focuses on providing investors with a flexible and diversified portfolio of municipal bonds. This fund aims to generate income for investors through investments in a variety of municipal bonds, which are issued by state and local governments to fund public projects. With a focus on flexibility, this fund may adjust its holdings based on market conditions and opportunities, providing potential for both income and capital appreciation. The "II" in the name indicates that this is the second fund in the series, with the first fund being the RiverNorth Flexible Municipal Income Fund Inc (RFM). Overall, RFMZ offers investors the potential for tax-free income and a diverse portfolio of municipal bonds.