RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) FCF Yield % : 6.99 (As of Jun. 05, 2024)

RiverNorth Flex Muniome Fund II FCF Yield % Chart

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

For the Asset Management subindustry, RiverNorth Flex Muniome Fund II's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 Yield % Distribution in the Asset Management Industry

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

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

RiverNorth Flex Muniome Fund II FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

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

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

* 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 Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

RiverNorth Flex Muniome Fund II FCF Yield % Related Terms

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