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RMMZ (RiverNorth Managed Duration Municipalome Fund II) Revenue per Share : $0.80 (TTM As of Dec. 2024)


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What is RiverNorth Managed Duration Municipalome Fund II Revenue per Share?

RiverNorth Managed Duration Municipalome Fund II's revenue per share for the six months ended in Dec. 2024 was $0.16. RiverNorth Managed Duration Municipalome Fund II's revenue per share for the trailing twelve months (TTM) ended in Dec. 2024 was $0.80.

Warning Sign:

RiverNorth Managed Duration Municipal Income Fund II Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue Per Share Growth Rate of RiverNorth Managed Duration Municipalome Fund II was -29.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate.

The historical rank and industry rank for RiverNorth Managed Duration Municipalome Fund II's Revenue per Share or its related term are showing as below:

RMMZ's 3-Year Revenue Growth Rate is not ranked *
in the Asset Management industry.
Industry Median: -4.2
* Ranked among companies with meaningful 3-Year Revenue Growth Rate only.

RiverNorth Managed Duration Municipalome Fund II Revenue per Share Historical Data

The historical data trend for RiverNorth Managed Duration Municipalome Fund II's Revenue per Share 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 Revenue per Share Chart

RiverNorth Managed Duration Municipalome Fund II Annual Data
Trend Jun22 Jun23 Jun24
Revenue per Share
- 0.83 1.35

RiverNorth Managed Duration Municipalome Fund II Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Revenue per Share Get a 7-Day Free Trial 0.38 0.44 0.69 0.65 0.16

Competitive Comparison of RiverNorth Managed Duration Municipalome Fund II's Revenue per Share

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

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

* The bar in red indicates where RiverNorth Managed Duration Municipalome Fund II's PS Ratio falls into.


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RiverNorth Managed Duration Municipalome Fund II Revenue per Share Calculation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

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

Revenue Per Share (A: Jun. 2024 )=Revenue (A: Jun. 2024 )/Shares Outstanding (Diluted Average) (A: Jun. 2024 )
=11.359/8.446
=1.34

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

Revenue Per Share (Q: Dec. 2024 )=Revenue (Q: Dec. 2024 )/Shares Outstanding (Diluted Average) (Q: Dec. 2024 )
=1.382/8.834
=0.16

Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.80

* 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) Revenue per Share Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


RiverNorth Managed Duration Municipalome Fund II Revenue per Share Related Terms

Thank you for viewing the detailed overview of RiverNorth Managed Duration Municipalome Fund II's Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


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