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RMMZ (RiverNorth Managed Duration Municipalome Fund II) FCF Yield % : 5.79 (As of Apr. 06, 2025)


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What is RiverNorth Managed Duration Municipalome Fund II 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 Managed Duration Municipalome Fund II's Trailing 12-Month Free Cash Flow is $7.24 Mil, and Market Cap is $125.13 Mil. Therefore, RiverNorth Managed Duration Municipalome Fund II's FCF Yield % for today is 5.79%.

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

RMMZ' s FCF Yield % Range Over the Past 10 Years
Min: -0.13   Med: -0.11   Max: 10.75
Current: 5.79


During the past 3 years, the highest FCF Yield % of RiverNorth Managed Duration Municipalome Fund II was 10.75%. The lowest was -0.13%. And the median was -0.11%.

RMMZ's FCF Yield % is ranked better than
60.65% of 1540 companies
in the Asset Management industry
Industry Median: 2.895 vs RMMZ: 5.79

RiverNorth Managed Duration Municipalome Fund II's FCF Margin % for the quarter that ended in Dec. 2024 was 183.86%.


RiverNorth Managed Duration Municipalome Fund II FCF Yield % Historical Data

The historical data trend for RiverNorth Managed Duration Municipalome Fund II'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 Managed Duration Municipalome Fund II FCF Yield % Chart

RiverNorth Managed Duration Municipalome Fund II Annual Data
Trend Jun22 Jun23 Jun24
FCF Yield %
- -0.11 9.76

RiverNorth Managed Duration Municipalome Fund II Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
FCF Yield % -1.95 1.63 13.17 6.84 4.02

Competitive Comparison of RiverNorth Managed Duration Municipalome Fund II's FCF Yield %

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

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

* The bar in red indicates where RiverNorth Managed Duration Municipalome Fund II's FCF Yield % falls into.


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RiverNorth Managed Duration Municipalome Fund II 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 Managed Duration Municipalome Fund II's FCF Yield % for the fiscal year that ended in Jun. 2024 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=13.415 / 137.4783
=9.76%

RiverNorth Managed Duration Municipalome Fund II's annualized FCF Yield % for the quarter that ended in Dec. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=2.541 * 2 / 126.3177
=4.02%

* 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 Managed Duration Municipalome Fund II 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 Managed Duration Municipalome Fund II FCF Yield % Related Terms

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RiverNorth Managed Duration Municipalome Fund II Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Managed Duration Municipal Income Fund II Inc is a diversified, closed-end management investment company. The Fund's primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
Executives
Jerry Raio director 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
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
Michael Denlinger other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Stephen Andrew O'neill other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Robert Patrick Burke other: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Marcus L Collins other: Secretary and CCO 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jonathan M. Mohrhardt officer: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
John Wayne Hutchens 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
Brian H Schmucker other: Officer of Investment Adviser 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654

RiverNorth Managed Duration Municipalome Fund II Headlines