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RFM (RiverNorth Flexible Municipalome Fund) Gross-Profit-to-Asset % : 1.66% (As of Dec. 2024)


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What is RiverNorth Flexible Municipalome Fund Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. RiverNorth Flexible Municipalome Fund's annualized Gross Profit for the quarter that ended in Dec. 2024 was $2.83 Mil. RiverNorth Flexible Municipalome Fund's average Total Assets over the quarter that ended in Dec. 2024 was $171.10 Mil. Therefore, RiverNorth Flexible Municipalome Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 1.66%.


RiverNorth Flexible Municipalome Fund Gross-Profit-to-Asset % Historical Data

The historical data trend for RiverNorth Flexible Municipalome Fund's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

RiverNorth Flexible Municipalome Fund Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Gross-Profit-to-Asset %
4.91 12.23 -12.25 1.88 4.57

RiverNorth Flexible Municipalome Fund Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 2.89 4.07 5.27 1.66

Competitive Comparison of RiverNorth Flexible Municipalome Fund's Gross-Profit-to-Asset %

For the Asset Management subindustry, RiverNorth Flexible Municipalome Fund's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Flexible Municipalome Fund's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where RiverNorth Flexible Municipalome Fund's Gross-Profit-to-Asset % falls into.



RiverNorth Flexible Municipalome Fund Gross-Profit-to-Asset % Calculation

RiverNorth Flexible Municipalome Fund's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=7.925/( (176.47+170.213)/ 2 )
=7.925/173.3415
=4.57 %

RiverNorth Flexible Municipalome Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=2.834/( (170.213+171.99)/ 2 )
=2.834/171.1015
=1.66 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


RiverNorth Flexible Municipalome Fund Gross-Profit-to-Asset % Related Terms

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RiverNorth Flexible Municipalome Fund Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
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.
Executives
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 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
Robert A Dimella other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Petty 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
Scott Sprauer 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
Patrick W. Galley director, officer: President 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
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607
Jonathan M. Mohrhardt other: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654

RiverNorth Flexible Municipalome Fund Headlines

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