N-2 - USD ($) | | | 3 Months Ended |
Aug. 24, 2023 | Aug. 02, 2023 | Jun. 30, 2023 | Mar. 31, 2023 | Dec. 31, 2022 | Sep. 30, 2022 | Jun. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2021 | Sep. 30, 2021 | Jun. 30, 2021 | Mar. 31, 2021 |
Cover [Abstract] | | | | | | | | | | | | | |
Entity Central Index Key | | 0001817159 | | | | | | | | | | | |
Amendment Flag | | false | | | | | | | | | | | |
Document Type | | 424B5 | | | | | | | | | | | |
Entity Registrant Name | | RiverNorth Flexible Municipal Income Fund II, Inc. | | | | | | | | | | | |
Fee Table [Abstract] | | | | | | | | | | | | | |
Shareholder Transaction Expenses [Table Text Block] | | Common Shareholder Transaction Expenses As a Percentage of Offering Price Sales Load (1) 1.00 Offering Expenses Borne by Common Shareholders of the Fund 0.15 Dividend Reinvestment Plan Fees (2) None | | | | | | | | | | | |
Sales Load [Percent] | [1] | 1% | | | | | | | | | | | |
Dividend Reinvestment and Cash Purchase Fees | [2] | $ 0 | | | | | | | | | | | |
Other Transaction Expenses [Abstract] | | | | | | | | | | | | | |
Other Transaction Expenses [Percent] | | 0.15% | | | | | | | | | | | |
Annual Expenses [Table Text Block] | | Annual Expenses As a Percentage of Management fee (3) 2.32 Leverage costs (4)(5)(6) 1.64 Other expenses 0.02 Acquired fund fees and expenses (7) 0.73 Total annual expenses 4.71 | | | | | | | | | | | |
Management Fees [Percent] | [3] | 2.32% | | | | | | | | | | | |
Interest Expenses on Borrowings [Percent] | [4],[5],[6] | 1.64% | | | | | | | | | | | |
Acquired Fund Fees and Expenses [Percent] | [7] | 0.73% | | | | | | | | | | | |
Other Annual Expenses [Abstract] | | | | | | | | | | | | | |
Other Annual Expenses [Percent] | | 0.02% | | | | | | | | | | | |
Total Annual Expenses [Percent] | | 4.71% | | | | | | | | | | | |
Expense Example [Table Text Block] | | Example (8) The purpose of the following table is to help a holder of Common Shares understand the fees and expenses that such holder would bear directly or indirectly. The following example illustrates the expenses you would pay on a $1,000 investment in Common Shares in the offering, assuming (1) payment in year 1 of a commission of 1.00% on the investment and estimated offering costs of $79,600, (2) “Total annual expenses” of 4.71% of net assets in years 1 through 10, and (3) a 5% annual return. 1 year 3 years 5 years 10 years Total Expenses Incurred $ 57 $ 150 $ 245 $ 482 The example should not be considered a representation of future expenses. Actual expenses may be greater or less than those assumed. | | | | | | | | | | | |
Expense Example, Year 01 | [8] | $ 57 | | | | | | | | | | | |
Expense Example, Years 1 to 3 | [8] | 150 | | | | | | | | | | | |
Expense Example, Years 1 to 5 | [8] | 245 | | | | | | | | | | | |
Expense Example, Years 1 to 10 | [8] | $ 482 | | | | | | | | | | | |
Purpose of Fee Table , Note [Text Block] | | The following table is intended to assist investors in understanding the fees and expenses (annualized) that an investor in Common Shares would bear, directly or indirectly. | | | | | | | | | | | |
Basis of Transaction Fees, Note [Text Block] | | SUMMARY OF FUND EXPENSES The following table is intended to assist investors in understanding the fees and expenses (annualized) that an investor in Common Shares would bear, directly or indirectly. The table shows Fund expenses as a percentage of net assets attributable to Common Shares as of December 31, 2022 and not as a percentage of gross assets or managed assets. The following table should not be considered a representation of the Fund’s future expenses. Actual expenses may be greater or less than those shown below. Common Shareholder Transaction Expenses As a Percentage of Offering Price Sales Load (1) 1.00 Offering Expenses Borne by Common Shareholders of the Fund 0.15 Dividend Reinvestment Plan Fees (2) None Annual Expenses As a Percentage of Management fee (3) 2.32 Leverage costs (4)(5)(6) 1.64 Other expenses 0.02 Acquired fund fees and expenses (7) 0.73 Total annual expenses 4.71 | | | | | | | | | | | |
Management Fee not based on Net Assets, Note [Text Block] | | The management fee paid by the Fund to the Adviser is essentially an all-in fee structure (the “unified management fee”), including the fee paid to the Adviser for advisory, supervisory, administrative, shareholder servicing and other services. However, the Fund (and not the Adviser) will be responsible for certain additional fees and expenses, which are reflected in the table above, that are not covered by the unified management fee. The unified management fee also includes fees payable by the Adviser to the Subadviser for advisory services. The unified management fee is charged as a percentage of the Fund’s average daily Managed Assets, as opposed to net assets. With leverage, Managed Assets are greater in amount than net assets, because Managed Assets include assets attributable to the Fund’s use of leverage created by its borrowings and tender option bond transactions. In addition, the mark-to-market value of the Fund’s derivatives will be used for purposes of calculating Managed Assets. The management fee of 1.40% of the Fund’s Managed Assets represents 2.32% of net assets attributable to Common Shares assuming the use of leverage in an amount of 38.90% of the Fund’s Managed Assets. | | | | | | | | | | | |
Acquired Fund Fees Estimated, Note [Text Block] | | The “Acquired fund fees and expenses” disclosed above are based on the expense ratios for the most recent fiscal year of the Underlying Funds in which the Fund has invested, which may change substantially over time and, therefore, significantly affect “Acquired fund fees and expenses.” These amounts are based on the total expense ratio disclosed in each Underlying Fund’s most recent shareholder report. “Acquired fund fees and expenses” are not charged directly to the Fund, but rather reflect the estimated pro rata portion of the Underlying Funds’ fees attributable to the Fund’s investments in shares of the Underlying Funds. The 0.73% shown as “Acquired fund fees and expenses” reflects estimated operating expenses of the Underlying Funds and transaction-related fees. Certain Underlying Funds in which the Fund intends to invest generally charge management fees of 1.00% to 2.00%, which are included in “Acquired fund fees and expenses,” as applicable. Acquired fund fees and expenses are borne indirectly by the Fund, but they are not reflected in the Fund’s financial statements; and the information presented in the table will differ from that presented in the Fund’s financial highlights. | | | | | | | | | | | |
General Description of Registrant [Abstract] | | | | | | | | | | | | | |
Share Price [Table Text Block] | | MARKET PRICE NET ASSET VALUE PREMIUM/(DISCOUNT) TO NET ASSET VALUE Quarter Ended High Low High Low High Low March 31, 2021 $20.35 $20.00 $20.00 $20.04 1.75% -0.20% June 30, 2021 $20.79 $19.94 $20.89 $20.47 -0.48% -2.58% September 30, 2021 $21.85 $20.18 $20.52 $20.39 6.48% -1.03% December 31, 2021 $20.97 $19.38 $19.98 $20.15 4.93% -3.82% March 31, 2022 $19.83 $15.85 $20.36 $17.47 -2.60% -9.27% June 30, 2022 $16.84 $13.98 $17.70 $15.15 -4.83% -7.72% September 30, 2022 $15.08 $13.17 $16.54 $15.04 -8.83% -12.43% December 31, 2022 $14.24 $12.75 $15.49 $14.26 -8.07% -10.59% March 31, 2023 $14.89 $13.04 $15.94 $15.20 -6.59% -14.21% June 30, 2023 $14.50 $13.19 $15.36 $15.12 -5.60% -12.76% | | | | | | | | | | | |
Capital Stock, Long-Term Debt, and Other Securities [Abstract] | | | | | | | | | | | | | |
Outstanding Securities [Table Text Block] | | The following table provides information about the Fund’s outstanding securities as of August 2, 2023: (1) (2) (3) (4) Title of Class Amount Authorized Amount Held by Fund or for its account Amount Outstanding Exclusive of Amount Shown under (3) As of August 2, 2023 Common Stock 50,000,000 None 24,351,756 | | | | | | | | | | | |
Common Shares [Member] | | | | | | | | | | | | | |
General Description of Registrant [Abstract] | | | | | | | | | | | | | |
Lowest Price or Bid | | | | $ 13.19 | $ 13.04 | $ 12.75 | $ 13.17 | $ 13.98 | $ 15.85 | $ 19.38 | $ 20.18 | $ 19.94 | $ 20 |
Highest Price or Bid | | | | 14.50 | 14.89 | 14.24 | 15.08 | 16.84 | 19.83 | 20.97 | 21.85 | 20.79 | 20.35 |
Lowest Price or Bid, NAV | | | | 15.12 | 15.20 | 14.26 | 15.04 | 15.15 | 17.47 | 20.15 | 20.39 | 20.47 | 20.04 |
Highest Price or Bid, NAV | | | | $ 15.36 | $ 15.94 | $ 15.49 | $ 16.54 | $ 17.70 | $ 20.36 | $ 19.98 | $ 20.52 | $ 20.89 | $ 20 |
Highest Price or Bid, Premium (Discount) to NAV [Percent] | | | | (5.60%) | (6.59%) | (8.07%) | (8.83%) | (4.83%) | (2.60%) | 4.93% | 6.48% | (0.48%) | 1.75% |
Lowest Price or Bid, Premium (Discount) to NAV [Percent] | | | | (12.76%) | (14.21%) | (10.59%) | (12.43%) | (7.72%) | (9.27%) | (3.82%) | (1.03%) | (2.58%) | (0.20%) |
Latest Share Price | | | $ 14.28 | | | | | | | | | | |
Latest Premium (Discount) to NAV [Percent] | | | 7.09% | | | | | | | | | | |
Latest NAV | | | $ 15.37 | | | | | | | | | | |
Capital Stock, Long-Term Debt, and Other Securities [Abstract] | | | | | | | | | | | | | |
Outstanding Security, Title [Text Block] | | | Common Stock | | | | | | | | | | |
Outstanding Security, Authorized [Shares] | | | 50,000,000 | | | | | | | | | | |
Outstanding Security, Held [Shares] | | | 0 | | | | | | | | | | |
Outstanding Security, Not Held [Shares] | | | 24,351,756 | | | | | | | | | | |
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[1]Represents the estimated maximum commission with respect to the Common Shares being sold under this Prospectus Supplement and the accompanying Prospectus. There is no guarantee that there will be any sales of Common Shares under this Prospectus Supplement and the accompanying Prospectus. Actual sales of Common Shares under this Prospectus Supplement and the accompanying Prospectus, if any, may be less than as set forth under “Capitalization” below. In addition, the price per Common Share of any such sale may be greater or less than the price set forth under “Capitalization” above, depending on market price of the Common Shares at the time of any such sale.[2]There will be no brokerage charges with respect to Common Shares issued directly by the Fund under the dividend reinvestment plan. You may pay brokerage charges in connection with open market purchases or if you direct the plan agent to sell your Common Shares held in a dividend reinvestment account.[3] The management fee paid by the Fund to the Adviser is essentially an all-in fee structure (the “unified management fee”), including the fee paid to the Adviser for advisory, supervisory, administrative, shareholder servicing and other services. However, the Fund (and not the Adviser) will be responsible for certain additional fees and expenses, which are reflected in the table above, that are not covered by the unified management fee. The unified management fee also includes fees payable by the Adviser to the Subadviser for advisory services. The unified management fee is charged as a percentage of the Fund’s average daily Managed Assets, as opposed to net assets. With leverage, Managed Assets are greater in amount than net assets, because Managed Assets include assets attributable to the Fund’s use of leverage created by its borrowings and tender option bond transactions. In addition, the mark-to-market value of the Fund’s derivatives will be used for purposes of calculating Managed Assets. The management fee of 1.40% of the Fund’s Managed Assets represents 2.32% of net assets attributable to Common Shares assuming the use of leverage in an amount of 38.90% of the Fund’s Managed Assets. The “Acquired fund fees and expenses” disclosed above are based on the expense ratios for the most recent fiscal year of the Underlying Funds in which the Fund has invested, which may change substantially over time and, therefore, significantly affect “Acquired fund fees and expenses.” These amounts are based on the total expense ratio disclosed in each Underlying Fund’s most recent shareholder report. “Acquired fund fees and expenses” are not charged directly to the Fund, but rather reflect the estimated pro rata portion of the Underlying Funds’ fees attributable to the Fund’s investments in shares of the Underlying Funds. The 0.73% shown as “Acquired fund fees and expenses” reflects estimated operating expenses of the Underlying Funds and transaction-related fees. Certain Underlying Funds in which the Fund intends to invest generally charge management fees of 1.00% to 2.00%, which are included in “Acquired fund fees and expenses,” as applicable. Acquired fund fees and expenses are borne indirectly by the Fund, but they are not reflected in the Fund’s financial statements; and the information presented in the table will differ from that presented in the Fund’s financial highlights. | |