RiverNorth Closed-End Funds Declare Monthly Distributions and RiverNorth Flexible Municipal Income Fund, Inc. Declares Capital Gain Distribution
Holders of each Fund’s common stock will receive the distribution under one of two options:
- Holders of each Fund’s common stock will receive the distribution under one of two options:
Receive additional full and fractional shares of the respective Fund’s common stock, or
Elect to receive cash for the distribution. - Contact your broker-dealer where you hold the shares to confirm your distribution reinvestment election.
- Each Fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes.
- Each Fund may at times distribute more than its net investment income and net realized capital gains; therefore, a portion of the distribution may result in a return of capital.