Company: RFMZ
Filing Date: 2025-09-05
Form Type: N-CSR
Source: 0001398344-25-017693
Chunk: 87

Company: RiverNorth Flexible Municipal Income Fund II, Inc.
Filing Date: 2025-09-05
Form: N-CSR
Chunk 87
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| (b) | Not applicable. |

| Item 6. | Investments. |

| (a) | Schedule of Investments is included as part of the Report to Stockholders filed under Item 1(a) of this form. |

| (b) | Not applicable to the Registrant. |

| Item 7. | Financial Statements and Financial Highlights for Open-End Management Investment Companies. |

Not applicable to the Registrant.

| Item 8. | Changes in and Disagreements with Accountants for Open-End Management Investment Companies. |

Not applicable to the Registrant.

| Item 9. | Proxy Disclosures for Open-End Management Investment Companies. |

Not applicable to the Registrant.

| Item 10. | Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies. |

Not applicable to the Registrant.

| Item 11. | Statement Regarding Basis for Approval of Investment Advisory Contract. |

Not applicable.

| Item 12. | Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. |

Attached, as Exhibit 19(c), is a copy
of the proxy voting policies and procedures of the Registrant.

Below is a description of the proxy voting
policy and procedures of the Fund’s subadviser:

The Fund’s investment adviser, RiverNorth
Capital Management, LLC (“RiverNorth” or the “Adviser”), has delegated proxy-voting authority to the Fund’s
subadviser, MacKay Shields LLC (“MacKay Shields” or the “Subadviser”). MacKay Shields has adopted Proxy-Voting
Policies and Procedures designed to make sure that where clients have delegated proxy-voting authority to MacKay Shields, proxies are
voted in the best interest of such clients without regard to the interests of MacKay Shields or related parties. MacKay Shields currently
uses Institutional Shareholder Services, Inc. (“ISS”) to assist in voting client securities. For purposes of the Policy, the
“best interests of clients” means, unless otherwise specified by the client, the clients’ best economic interests over
the long term – that is, the common interest that all clients share in seeing the value of a common investment increase over time.
MacKay Shields has adopted standard proxy voting guidelines, which follow ISS voting recommendations and standard guidelines will vary
based on client type and/or investment strategy (e.g., union or non-union voting guidelines, or sustainability voting guidelines).

For those clients who have given us