Insider Activity Surges at RiverNorth Flexible Municipal Income Fund as President Increases Stake Patrick W. Galley, president of RiverNorth Flexible Municipal Income Fund, acquired 5,300 shares on April 8, investing approximately $72,837. The fund, yielding 8.3%, is trading near its 52-week low. This purchase signals confidence from leadership despite the stock's 7% year-to-date decline, suggesting potential value for long-term holders.34