Company: RFMZ
Filing Date: 2025-03-07
Form Type: N-CSRS
Source: 0001398344-25-005064
Chunk: 41

Company: RiverNorth Flexible Municipal Income Fund II, Inc.
Filing Date: 2025-03-07
Form: N-CSRS
Chunk 41
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 of employee contributions up to a certain percent of the portfolio manager’s base
salary. Those portfolio managers that are also equity stakeholders in the Adviser or its affiliates may also receive periodic distribution
of profits from business operations.

Portfolio Manager Ownership of Fund Shares

The following table shows the dollar range of equity securities
of the Fund beneficially owned by the portfolio manager of the Fund as of January 31, 2025.

| Name of Portfolio Manager | Dollar Range of Equity Securities of the Fund |
| Jonathan Browne           | $10,001–$50,000                               |

| Item 14. | Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers. |

Not applicable, due to no such purchases occurring
during the period covered by this report.

| Item 15. | Submission of Matters to a Vote of Security Holders. |

There have been no material changes to the procedures by which
shareholders may recommend nominees to the Board of Directors of the Registrant.

| Item 16. | Controls and Procedures. |

| (a) | The Registrant’s principal executive officer and principal financial officer have concluded that the Registrant’s disclosure               
 controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”))                
 are effective based on their evaluation of these controls and procedures, required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b) 
 under the Securities Exchange Act of 1934, as amended, as of a date within 90 days of the filing date of this document.                    |

| (b) | There were no significant changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under     
 the 1940 Act) during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the 
 Registrant's internal control over financial reporting.                                                                                |

| Item 17. | Disclosure of Securities Lending Activities for Closed-End Management Investment Companies. |

| (a) | Not applicable. |

| (b) | Not applicable. |

| Item 18. | Recovery of Erroneously Awarded Compensation. |

| (a) | Not applicable. |

| (b) | Not applicable. |

| Item 19. | Exhibits. |

| (a)(1) | Not applicable to