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RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) FCF Margin % : 107.07% (As of Dec. 2023)


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What is RiverNorth Flex Muniome Fund II FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. RiverNorth Flex Muniome Fund II's Free Cash Flow for the six months ended in Dec. 2023 was $15.74 Mil. RiverNorth Flex Muniome Fund II's Revenue for the six months ended in Dec. 2023 was $14.70 Mil. Therefore, RiverNorth Flex Muniome Fund II's FCF Margin % for the quarter that ended in Dec. 2023 was 107.07%.

As of today, RiverNorth Flex Muniome Fund II's current FCF Yield % is 6.99%.

The historical rank and industry rank for RiverNorth Flex Muniome Fund II's FCF Margin % or its related term are showing as below:

RFMZ' s FCF Margin % Range Over the Past 10 Years
Min: 43.7   Med: 117.96   Max: 192.22
Current: 97.61

During the past 3 years, the highest FCF Margin % of RiverNorth Flex Muniome Fund II was 192.22%. The lowest was 43.70%. And the median was 117.96%.

RFMZ's FCF Margin % is ranked better than
77.67% of 1545 companies
in the Asset Management industry
Industry Median: 16.75 vs RFMZ: 97.61

RiverNorth Flex Muniome Fund II FCF Margin % Historical Data

The historical data trend for RiverNorth Flex Muniome Fund II's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RiverNorth Flex Muniome Fund II FCF Margin % Chart

RiverNorth Flex Muniome Fund II Annual Data
Trend Jun21 Jun22 Jun23
FCF Margin %
- 43.70 192.22

RiverNorth Flex Muniome Fund II Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
FCF Margin % Get a 7-Day Free Trial -928.98 22.95 354.09 82.75 107.07

Competitive Comparison of RiverNorth Flex Muniome Fund II's FCF Margin %

For the Asset Management subindustry, RiverNorth Flex Muniome Fund II's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

RiverNorth Flex Muniome Fund II's FCF Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Flex Muniome Fund II's FCF Margin % distribution charts can be found below:

* The bar in red indicates where RiverNorth Flex Muniome Fund II's FCF Margin % falls into.


RiverNorth Flex Muniome Fund II FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

RiverNorth Flex Muniome Fund II's FCF Margin for the fiscal year that ended in Jun. 2023 is calculated as

FCF Margin=Free Cash Flow (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=30.179/15.7
=192.22 %

RiverNorth Flex Muniome Fund II's FCF Margin for the quarter that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=15.743/14.703
=107.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RiverNorth Flex Muniome Fund II FCF Margin % Related Terms

Thank you for viewing the detailed overview of RiverNorth Flex Muniome Fund II's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RiverNorth Flex Muni Income Fund II Inc (NYSE:RFMZ) » Definitions » FCF Margin %
Comparable Companies
NAN HIX AWP EDD PFL HPF SCM WHF ARDC MIY BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
360 S. Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
Website
https://www.rivernorth.com
RiverNorth Flex Muni Income Fund II Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.
Executives
Scott Sprauer officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Patrick W. Galley director, officer: President 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Robert A Dimella officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Michael Petty officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John J Lawlor officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mackay Shields Llc officer: Sub-Adviser 1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
David Dowden officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
John M Loffredo officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert Patrick Burke officer: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Stephen Andrew O'neill other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jonathan M. Mohrhardt officer: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654

RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) Headlines

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