Jonathan Paul Browne made open market purchases of RiverNorth municipal income funds in the last year. On April 10, 2025, he bought shares of RiverNorth Flexible Municipal Income Fund ($RFM) for $10,192.50, RiverNorth Flexible Municipal Income Fund II ($RFMZ) for $10,106.50, and RiverNorth Managed Duration Municipal Income Fund ($RMM) for $10,432, with each ranking between 4238th and 4265th among nearly 5,000 insiders. These are well below the average insider purchase of 1.46 million across 3.29 transactions. Browne has no open market sales in the period.
| Transaction Date | Company | Ticker | Insider Name | Title | Transaction Type | Security | Shares | Price | Shares Owned Following | Total Shares Outstanding | % of Owned | % of Outstanding |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| April 10, 2025 | RiverNorth Flexible Municipal Income Fund, Inc. | $RFM | Browne Jonathan Paul | Other | P | Common Stock | 750 | $13.59 | 750.0000 | 0 | 9999.99% | 0.00% |
| April 10, 2025 | RiverNorth Flexible Municipal Income Fund II, Inc. | $RFMZ | Browne Jonathan Paul | Other | P | Common Stock | 725 | $13.94 | 725.0000 | 0 | 9999.99% | 0.00% |
| April 10, 2025 | RiverNorth Managed Duration Municipal Income Fund, Inc. | $RMM | Browne Jonathan Paul | Other | P | Common Stock | 800 | $13.04 | 800.0000 | 0 | 9999.99% | 0.00% |