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

RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) FCF Yield % : 19.56 (As of May. 23, 2024)


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

What is RiverNorth Opportunistic Municipalome Fund, FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, RiverNorth Opportunistic Municipalome Fund,'s Trailing 12-Month Free Cash Flow is $19.80 Mil, and Market Cap is $101.23 Mil. Therefore, RiverNorth Opportunistic Municipalome Fund,'s FCF Yield % for today is 19.56%.

The historical rank and industry rank for RiverNorth Opportunistic Municipalome Fund,'s FCF Yield % or its related term are showing as below:

RMI' s FCF Yield % Range Over the Past 10 Years
Min: -185.05   Med: 5.58   Max: 29.73
Current: 19.56


During the past 5 years, the highest FCF Yield % of RiverNorth Opportunistic Municipalome Fund, was 29.73%. The lowest was -185.05%. And the median was 5.58%.

RMI's FCF Yield % is ranked better than
88.9% of 1594 companies
in the Asset Management industry
Industry Median: 3.08 vs RMI: 19.56

RiverNorth Opportunistic Municipalome Fund,'s FCF Margin % for the quarter that ended in Dec. 2023 was 239.70%.


RiverNorth Opportunistic Municipalome Fund, FCF Yield % Historical Data

The historical data trend for RiverNorth Opportunistic Municipalome Fund,'s FCF Yield % 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, FCF Yield % Chart

RiverNorth Opportunistic Municipalome Fund, Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
FCF Yield %
-148.41 13.44 5.34 -5.90 24.21

RiverNorth Opportunistic Municipalome Fund, Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 15.33 -31.33 30.08 18.39 21.02

Competitive Comparison of RiverNorth Opportunistic Municipalome Fund,'s FCF Yield %

For the Asset Management subindustry, RiverNorth Opportunistic Municipalome Fund,'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 Opportunistic Municipalome Fund,'s FCF Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where RiverNorth Opportunistic Municipalome Fund,'s FCF Yield % falls into.



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

FCF Yield %=Free Cash Flow / Market Cap
=25.265 / 104.3512198
=24.21%

RiverNorth Opportunistic Municipalome Fund,'s annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=10.204 * 2 / 97.0842442
=21.02%

* 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, 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 Opportunistic Municipalome Fund, FCF Yield % Related Terms

Thank you for viewing the detailed overview of RiverNorth Opportunistic Municipalome Fund,'s FCF Yield % 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