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RiverNorth Managed Duration Muni Fd (RiverNorth Managed Duration Muni Fd) EV-to-Revenue : 21.70 (As of May. 05, 2024)


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What is RiverNorth Managed Duration Muni Fd EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, RiverNorth Managed Duration Muni Fd's enterprise value is $489.37 Mil. RiverNorth Managed Duration Muni Fd's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $22.56 Mil. Therefore, RiverNorth Managed Duration Muni Fd's EV-to-Revenue for today is 21.70.

The historical rank and industry rank for RiverNorth Managed Duration Muni Fd's EV-to-Revenue or its related term are showing as below:

RMM' s EV-to-Revenue Range Over the Past 10 Years
Min: -9.36   Med: 8.36   Max: 27.61
Current: 21.7

During the past 4 years, the highest EV-to-Revenue of RiverNorth Managed Duration Muni Fd was 27.61. The lowest was -9.36. And the median was 8.36.

RMM's EV-to-Revenue is ranked worse than
75.02% of 1445 companies
in the Asset Management industry
Industry Median: 9.46 vs RMM: 21.70

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-05-05), RiverNorth Managed Duration Muni Fd's stock price is $14.72. RiverNorth Managed Duration Muni Fd's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.14. Therefore, RiverNorth Managed Duration Muni Fd's PS Ratio for today is 12.87.


RiverNorth Managed Duration Muni Fd EV-to-Revenue Historical Data

The historical data trend for RiverNorth Managed Duration Muni Fd's EV-to-Revenue 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 Managed Duration Muni Fd EV-to-Revenue Chart

RiverNorth Managed Duration Muni Fd Annual Data
Trend Jun20 Jun21 Jun22 Jun23
EV-to-Revenue
- 8.89 -8.96 27.07

RiverNorth Managed Duration Muni Fd Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-Revenue Get a 7-Day Free Trial - -8.96 - 27.07 -

Competitive Comparison of RiverNorth Managed Duration Muni Fd's EV-to-Revenue

For the Asset Management subindustry, RiverNorth Managed Duration Muni Fd's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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 Managed Duration Muni Fd's EV-to-Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Muni Fd's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where RiverNorth Managed Duration Muni Fd's EV-to-Revenue falls into.



RiverNorth Managed Duration Muni Fd EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

RiverNorth Managed Duration Muni Fd's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=489.372/22.556
=21.70

RiverNorth Managed Duration Muni Fd's current Enterprise Value is $489.37 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Managed Duration Muni Fd's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $22.56 Mil.

* 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 Managed Duration Muni Fd  (NYSE:RMM) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

RiverNorth Managed Duration Muni Fd's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=14.72/1.144
=12.87

RiverNorth Managed Duration Muni Fd's share price for today is $14.72.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. {COMPANY->company}'s Revenue per Sharefor the trailing twelve months (TTM) ended in Dec. 2023 was $1.14.

* 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 Managed Duration Muni Fd EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of RiverNorth Managed Duration Muni Fd's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


RiverNorth Managed Duration Muni Fd (RiverNorth Managed Duration Muni Fd) Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Managed Duration Muni Inc Fd is a United States based diversified, closed-end management investment company. Its primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
Executives
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
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
John J Lawlor other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert A Dimella other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Stephen Andrew O'neill director, other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Brian H Schmucker other: Officer of Investment Adviser 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
David Dowden other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
Michael Petty other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Scott Sprauer other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mackay Shields Llc other: Sub-Adviser 1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
John M Loffredo other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert Patrick Burke other: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654

RiverNorth Managed Duration Muni Fd (RiverNorth Managed Duration Muni Fd) Headlines