RiverNorth Managed Duration Muni Fd (RiverNorth Managed Duration Muni Fd) FCF Margin % : 267.05% (As of Dec. 2023)

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What is RiverNorth Managed Duration Muni Fd FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. RiverNorth Managed Duration Muni Fd's Free Cash Flow for the six months ended in Dec. 2023 was $30.63 Mil. RiverNorth Managed Duration Muni Fd's Revenue for the six months ended in Dec. 2023 was $11.47 Mil. Therefore, RiverNorth Managed Duration Muni Fd's FCF Margin % for the quarter that ended in Dec. 2023 was 267.05%.

As of today, RiverNorth Managed Duration Muni Fd's current FCF Yield % is 26.37%.

The historical rank and industry rank for RiverNorth Managed Duration Muni Fd's FCF Margin % or its related term are showing as below:

RMM' s FCF Margin % Range Over the Past 10 Years
Min: -3.67 Med: 58.01 Max: 339.75
Current: 339.75

During the past 4 years, the highest FCF Margin % of RiverNorth Managed Duration Muni Fd was 339.75%. The lowest was -3.67%. And the median was 58.01%.

RMM's FCF Margin % is ranked better than
90.75% of 1557 companies
in the Asset Management industry
Industry Median: 16.48 vs RMM: 339.75

RiverNorth Managed Duration Muni Fd FCF Margin % Historical Data

The historical data trend for RiverNorth Managed Duration Muni Fd'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 Managed Duration Muni Fd FCF Margin % Chart

RiverNorth Managed Duration Muni Fd Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

FCF Margin %

58.01

-3.67

197.32

RiverNorth Managed Duration Muni Fd Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Margin %	Get a 7-Day Free Trial			94.79	2.37	-103.49	414.98	267.05

Competitive Comparison of RiverNorth Managed Duration Muni Fd's FCF Margin %

For the Asset Management subindustry, RiverNorth Managed Duration Muni Fd'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 Managed Duration Muni Fd's FCF Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Muni Fd's FCF Margin % distribution charts can be found below:

* The bar in red indicates where RiverNorth Managed Duration Muni Fd's FCF Margin % falls into.

RiverNorth Managed Duration Muni Fd FCF Margin % Calculation

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

RiverNorth Managed Duration Muni Fd'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 )
	=	37.7	/	19.106
	=	197.32 %

RiverNorth Managed Duration Muni Fd'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 )
	=	30.633	/	11.471
	=	267.05 %

RiverNorth Managed Duration Muni Fd FCF Margin % Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RiverNorth Managed Duration Muni Inc Fd (NYSE:RMM) » Definitions » FCF Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401

Website

https://www.rivernorth.com

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

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