What is RiverNorth Flexible Municipalome Fund 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.
RFM'
s FCF Yield % Range Over the Past 10 Years
Min: -170.27 Med: -6.8 Max: 36.17
Current: 32.09
During the past 4 years, the highest FCF Yield % of RiverNorth Flexible Municipalome Fund was 36.17%. The lowest was -170.27%. And the median was -6.80%.
RFM's FCF Yield % is ranked better than 94.73% of 1595
companies
in the Asset Management industry
Industry Median: 2.98
vs RFM: 32.09
* 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 FCF Yield % Chart
RiverNorth Flexible Municipalome Fund Annual Data
Trend
Jun20
Jun21
Jun22
Jun23
FCF Yield %
-170.38
17.24
-7.09
29.37
RiverNorth Flexible Municipalome Fund Semi-Annual Data
Competitive Comparison of RiverNorth Flexible Municipalome Fund's FCF Yield %
For the Asset Management subindustry, RiverNorth Flexible Municipalome Fund'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 Flexible Municipalome Fund's FCF Yield % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, RiverNorth Flexible Municipalome Fund's FCF Yield % distribution charts can be found below:
* The bar in red indicates where RiverNorth Flexible Municipalome Fund's FCF Yield % falls into.
RiverNorth Flexible Municipalome Fund 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.
* 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 Flexible Municipalome Fund 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 Flexible Municipalome Fund FCF Yield % Related Terms
Thank you for viewing the detailed overview of RiverNorth Flexible Municipalome Fund's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
RiverNorth Flexible Municipalome Fund (RiverNorth Flexible Municipalome Fund) Business Description
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.
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