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RiverNorth Capital andome Fund (RiverNorth Capital andome Fund) Selling, General, & Admin. Expense : $1.69 Mil (TTM As of Dec. 2023)


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What is RiverNorth Capital andome Fund Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. RiverNorth Capital andome Fund's selling, general, & admin. expense for the six months ended in Dec. 2023 was $0.90 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $1.69 Mil.


RiverNorth Capital andome Fund Selling, General, & Admin. Expense Historical Data

The historical data trend for RiverNorth Capital andome Fund's Selling, General, & Admin. Expense 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 Capital andome Fund Selling, General, & Admin. Expense Chart

RiverNorth Capital andome Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Selling, General, & Admin. Expense
5.22 3.53 1.75 1.81 1.66

RiverNorth Capital andome Fund Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.86 0.87 0.79 0.90

Competitive Comparison of RiverNorth Capital andome Fund's Selling, General, & Admin. Expense

For the Asset Management subindustry, RiverNorth Capital andome Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Capital andome Fund's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Capital andome Fund's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where RiverNorth Capital andome Fund's Selling, General, & Admin. Expense falls into.



RiverNorth Capital andome Fund Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.69 Mil.

* 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 Capital andome Fund  (NYSE:RSF) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


RiverNorth Capital andome Fund Selling, General, & Admin. Expense Related Terms

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RiverNorth Capital andome Fund (RiverNorth Capital andome Fund) Business Description

Traded in Other Exchanges
Address
360 S. Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Capital and Income Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income by investing in credit instruments, including a portfolio of securities of specialty finance and other financial companies.
Executives
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
Janae Stanton other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
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
Rivernorth Capital Management, Llc other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Brian H Schmucker other: OFFICER OF THE INVEST. ADVISER 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Bartow Philip K Iii other: PORTFOLIO MANAGER 325 NORTH LASALLE ST., SUITE 645, CHICAGO IL 60654
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607
Jonathan M. Mohrhardt officer: CFO and Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Marcus L Collins officer: CCO and Secretary 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Fred G Steingraber director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
James G. Kelley director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654