RMMZ (RiverNorth Managed Duration Municipalome Fund II) Pretax Margin % : 95.88% (As of Dec. 2024)

RiverNorth Managed Duration Municipalome Fund II Pretax Margin % Chart

Competitive Comparison of RiverNorth Managed Duration Municipalome Fund II's Pretax Margin %

For the Asset Management subindustry, RiverNorth Managed Duration Municipalome Fund II's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Asset Management Industry

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

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

RiverNorth Managed Duration Municipalome Fund II Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

RiverNorth Managed Duration Municipalome Fund II's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

* 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  (NYSE:RMMZ) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

RiverNorth Managed Duration Municipalome Fund II Pretax Margin % Related Terms

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RiverNorth Managed Duration Municipalome Fund II Business Description