GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI) » Definitions » Market Cap

RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) Market Cap : $100.85 Mil (As of May. 25, 2024)


View and export this data going back to . Start your Free Trial

What is RiverNorth Opportunistic Municipalome Fund, Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). RiverNorth Opportunistic Municipalome Fund,'s share price for the quarter that ended in Dec. 2023 was $15.23. RiverNorth Opportunistic Municipalome Fund,'s Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 6.37 Mil. Therefore, RiverNorth Opportunistic Municipalome Fund,'s market cap for the quarter that ended in Dec. 2023 was $97.08 Mil.

RiverNorth Opportunistic Municipalome Fund,'s quarterly market cap increased from Dec. 2022 ($104.20 Mil) to Jun. 2023 ($104.35 Mil) but then declined from Jun. 2023 ($104.35 Mil) to Dec. 2023 ($97.08 Mil).

RiverNorth Opportunistic Municipalome Fund,'s annual market cap declined from Jun. 2021 ($147.57 Mil) to Jun. 2022 ($111.53 Mil) and declined from Jun. 2022 ($111.53 Mil) to Jun. 2023 ($104.35 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. RiverNorth Opportunistic Municipalome Fund,'s Enterprise Value for Today is $167.89 Mil.


RiverNorth Opportunistic Municipalome Fund, Market Cap Historical Data

The historical data trend for RiverNorth Opportunistic Municipalome Fund,'s Market Cap 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 Opportunistic Municipalome Fund, Market Cap Chart

RiverNorth Opportunistic Municipalome Fund, Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
136.01 135.18 147.57 111.53 104.35

RiverNorth Opportunistic Municipalome Fund, Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 142.12 111.53 104.20 104.35 97.08

Competitive Comparison of RiverNorth Opportunistic Municipalome Fund,'s Market Cap

For the Asset Management subindustry, RiverNorth Opportunistic Municipalome Fund,'s Market Cap, along with its competitors' market caps and Market Cap 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 Opportunistic Municipalome Fund,'s Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Opportunistic Municipalome Fund,'s Market Cap distribution charts can be found below:

* The bar in red indicates where RiverNorth Opportunistic Municipalome Fund,'s Market Cap falls into.



RiverNorth Opportunistic Municipalome Fund, Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

RiverNorth Opportunistic Municipalome Fund,'s Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=$16.37*6.37454
=$104.35

RiverNorth Opportunistic Municipalome Fund,'s Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$15.23*6.37454
=$97.08

* 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 Opportunistic Municipalome Fund,  (NYSE:RMI) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


RiverNorth Opportunistic Municipalome Fund, Market Cap Related Terms

Thank you for viewing the detailed overview of RiverNorth Opportunistic Municipalome Fund,'s Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Opportunistic Municipal Income Fund, Inc. is a diversified, closed-end management investment company. Its 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
Stephen Andrew O'neill other: Portfolio Manager 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
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Scott Sprauer other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
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
Brian H Schmucker other: Officer of Investment Adviser 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Capital Management, Llc other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Michael Petty other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
David Dowden other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
Mackay Shields Llc other: Sub-Adviser 1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
Jonathan M. Mohrhardt other: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Marcus L Collins other: Secretary and CCO 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Robert Patrick Burke other: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) Headlines

From GuruFocus

RiverNorth Closed-End Funds Declare Year-End Capital Gain Distributions

By Business Wire Business Wire 12-10-2021