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RiverNorth Flexible Municipalome Fund Selling, General, & Admin. Expense

: $ Mil (TTM As of Jun. 2021)
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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. RiverNorth Flexible Municipalome Fund's selling, general, & admin. expense for the six months ended in Jun. 2021 was $0.02 Mil. RiverNorth Flexible Municipalome Fund does not have enough years/quarters to calculate its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2021.


RiverNorth Flexible Municipalome Fund Selling, General, & Admin. Expense Historical Data

The historical data trend for RiverNorth Flexible Municipalome Fund's Selling, General, & Admin. Expense 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 Flexible Municipalome Fund Annual Data
Trend Jun20 Jun21
Selling, General, & Admin. Expense
0.01 0.04

RiverNorth Flexible Municipalome Fund Semi-Annual Data
Jun20 Dec20 Jun21
Selling, General, & Admin. Expense - - 0.02

Competitive Comparison

For the Asset Management subindustry, RiverNorth Flexible Municipalome Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Flexible Municipalome Fund Selling, General, & Admin. Expense Distribution

For the Asset Management industry and Financial Services sector, RiverNorth Flexible Municipalome Fund's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where RiverNorth Flexible Municipalome Fund's Selling, General, & Admin. Expense falls into.



RiverNorth Flexible Municipalome Fund Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.


RiverNorth Flexible Municipalome Fund  (NYSE:RFM) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


RiverNorth Flexible Municipalome Fund Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of RiverNorth Flexible Municipalome Fund's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


RiverNorth Flexible Municipalome Fund Business Description

RiverNorth Flexible Municipalome Fund logo
Industry
Financial Services » Asset Management NAICS : 523991 SIC : 6733
Comparable Companies
Traded in Other Exchanges
N/A
Address
325 North LaSalle Street, Suite 645, Chicago, IL, USA, 60654
RiverNorth Flexible Municipal Income Fund 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.
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