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        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
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        <name>Massachusetts St Sch Bldg Auth Sales Tax Revenue</name>
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        <name>Invesco Municipal Income Opportunities Trust</name>
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        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
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        <name>Invesco Trust For Investment Grade Municipals</name>
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        <name>Pimco California Municipal Income Fund Ii</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035GF60</cusip>
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          <isin value="US88035GF601"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Blackrock Muniholdings Quality Fund Ii Inc</name>
        <lei>V04K6JK5YHD4O5SHSC34</lei>
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          <isin value="US09254C1071"/>
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        <curCd>USD</curCd>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Carolina St Turnpike Auth</name>
        <lei>549300FCT1PN0GJGQ240</lei>
        <title>North Carolina Turnpike Authority</title>
        <cusip>65830RDA4</cusip>
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          <isin value="US65830RDA41"/>
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        <curCd>USD</curCd>
        <valUSD>4008191.60000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2058-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Bny Mellon Strategic Municipals Inc</name>
        <lei>549300FH0LKMOBY7N332</lei>
        <title>BNY Mellon Strategic Municipals, Inc.</title>
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          <isin value="US05588W1080"/>
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        <balance>113121.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>669676.32000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Pimco Municipal Income Fund Ii</name>
        <lei>ZVT714KPY3QTZWRT1S41</lei>
        <title>PIMCO Municipal Income Fund II</title>
        <cusip>72200W106</cusip>
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          <isin value="US72200W1062"/>
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        <balance>114175.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>850603.75000000</valUSD>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>S Estrn Pa Transprtn Auth</name>
        <lei>98450061A2F3FD36E493</lei>
        <title>Southeastern Pennsylvania Transportation Authority</title>
        <cusip>842039FR5</cusip>
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          <isin value="US842039FR53"/>
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        <curCd>USD</curCd>
        <valUSD>1278861.50000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2052-06-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Blackrock Muniyield Quality Fund Inc</name>
        <lei>TFKEE3VA3GBE5LOK5U77</lei>
        <title>BlackRock MuniYield Quality Fund, Inc.</title>
        <cusip>09254F100</cusip>
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          <isin value="US09254F1003"/>
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        <balance>282305.00000000</balance>
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        <curCd>USD</curCd>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035HPY6</cusip>
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          <isin value="US88035HPY61"/>
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        <balance>-3000000.00000000</balance>
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        <valUSD>-3000000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
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          <annualizedRt>2.09000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago Il O'hare International Arpt Revenue</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>Chicago O'Hare International Airport</title>
        <cusip>167593X56</cusip>
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          <isin value="US167593X564"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5085736.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Nuveen Municipal Value Fund Inc</name>
        <lei>549300TFLBQ7LJSP8B20</lei>
        <title>Nuveen Municipal Value Fund, Inc.</title>
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        <balance>372588.00000000</balance>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts / Ctfs</name>
        <lei>N/A</lei>
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        <cusip>88035DQA6</cusip>
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          <isin value="US88035DQA62"/>
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        <balance>-5595000.00000000</balance>
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        <name>Holly Mi Area Sch Dist</name>
        <lei>N/A</lei>
        <title>Holly Area School District</title>
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        <name>Missouri St Hlth &amp; Eductnl Facs Auth Hlth Facs Revenue</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Washington Dc Met Area Transit Auth Dedicated Revenue</name>
        <lei>549300ADKOK76HQMJS30</lei>
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        <cusip>93878YDS5</cusip>
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        <name>Invesco Advantage Municipal Income Trust Ii</name>
        <lei>DA89O2CSN0WUDR74HM71</lei>
        <title>Invesco Advantage Municipal Income Trust II</title>
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          <isin value="US46132E1038"/>
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        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035GZY7</cusip>
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          <isin value="US88035GZY78"/>
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        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
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        <cusip>88035GMM7</cusip>
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        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
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          <isin value="US6706571055"/>
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        <name>South Carolina St Public Svc Auth Revenue</name>
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          <isin value="US837151U492"/>
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        <debtSec>
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        <name>San Francisco Calif City &amp;cnty Arpts Commn Intl Arpt Rev</name>
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          <isin value="US79766DXQ77"/>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Pimco New York Municipal Income Fund Iii</name>
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          <isin value="US72201E1055"/>
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        <name>Alliancebernstein National Municipal Income Fund Inc</name>
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          <isin value="US01864U1060"/>
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      <invstOrSec>
        <name>California St Univ Revenue</name>
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          <isin value="US13077DSY93"/>
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        <name>New Jersey St Transprtn Trust Fund Auth</name>
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        <title>New Jersey Transportation Trust Fund Authority</title>
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        <name>Salt Lake City Ut Arpt Revenue</name>
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        <name>Chicago Board of Trade</name>
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        <name>San Francisco Ca Bay Area Rapid Transit Dist</name>
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        <name>Nuveen Amt-free Municipal Credit Income Fund</name>
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        <name>Eaton Vance Municipal Bond Fund</name>
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        <name>Gtr Asheville Regl Arpt Auth Nc Arpt Sys Revenue</name>
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        <name>Columbus Oh Regl Arpt Auth Revenue</name>
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        <name>Connecticut St</name>
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        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
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        <name>Nuveen Pennsylvania Quality Municipal Income Fund</name>
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        <name>Blackrock Municipal 2030 Target Term Trust</name>
        <lei>549300TDIJ2J8F6X3N04</lei>
        <title>BlackRock Municipal 2030 Target Term Trust</title>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035MBX2</cusip>
        <identifiers>
          <isin value="US88035MBX20"/>
        </identifiers>
        <balance>-1600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-1600000.00000000</valUSD>
        <pctVal>-1.70502438426</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Quality Municipal Income Fund</name>
        <lei>549300RDIO25ZNWCOA97</lei>
        <title>Nuveen Quality Municipal Income Fund</title>
        <cusip>67066V101</cusip>
        <identifiers>
          <isin value="US67066V1017"/>
        </identifiers>
        <balance>262262.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2960937.98000000</valUSD>
        <pctVal>3.155294660131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035GGN2</cusip>
        <identifiers>
          <isin value="US88035GGN25"/>
        </identifiers>
        <balance>-1600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-1600000.00000000</valUSD>
        <pctVal>-1.70502438426</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Cmwlth Aqueduct &amp;swr Auth Revenue</name>
        <lei>N/A</lei>
        <title>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</title>
        <cusip>745160TH4</cusip>
        <identifiers>
          <isin value="US745160TH48"/>
        </identifiers>
        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2608419.30000000</valUSD>
        <pctVal>2.779636569312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Neuberger Berman Municipal Fund Inc</name>
        <lei>549300IIZWX8QVUHXO20</lei>
        <title>Neuberger Berman Municipal Fund, Inc.</title>
        <cusip>64124P101</cusip>
        <identifiers>
          <isin value="US64124P1012"/>
        </identifiers>
        <balance>94014.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>924157.62000000</valUSD>
        <pctVal>0.984819548130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tender Option Bond Trust Receipts / Ctfs Various States</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035GMW5</cusip>
        <identifiers>
          <isin value="US88035GMW59"/>
        </identifiers>
        <balance>-2250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-2250000.00000000</valUSD>
        <pctVal>-2.39769054037</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tender Option Bond Trust Receipts / Ctfs</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035DSM8</cusip>
        <identifiers>
          <isin value="US88035DSM82"/>
        </identifiers>
        <balance>-4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-4000000.00000000</valUSD>
        <pctVal>-4.26256096067</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.10000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Asset Managed Municipals Fund Inc</name>
        <lei>549300HVO8EY2T8K4F73</lei>
        <title>Western Asset Managed Municipals Fund, Inc.</title>
        <cusip>95766M105</cusip>
        <identifiers>
          <isin value="US95766M1053"/>
        </identifiers>
        <balance>240630.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2382237.00000000</valUSD>
        <pctVal>2.538607608818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Las Vegas Nv Convention &amp; Visitors Auth Convention Ctr Expan</name>
        <lei>N/A</lei>
        <title>Las Vegas Convention &amp; Visitors Authority</title>
        <cusip>51771FAT3</cusip>
        <identifiers>
          <isin value="US51771FAT30"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1003824.40000000</valUSD>
        <pctVal>1.069715674703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>RiverNorth Flexible Municipal Income Fund Inc.</ncom:nameOfApplicant>
      <ncom:signature>Jonathan M. Mohrhardt</ncom:signature>
      <ncom:signerName>Jonathan M. Mohrhardt</ncom:signerName>
      <ncom:title>Treasurer &amp; Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
