RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) Interest Expense : $-9.23 Mil (TTM As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is RiverNorth Flex Muniome Fund II Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RiverNorth Flex Muniome Fund II's interest expense for the six months ended in Dec. 2023 was $ -4.71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-9.23 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. RiverNorth Flex Muniome Fund II's Operating Income for the six months ended in Dec. 2023 was $ Mil. RiverNorth Flex Muniome Fund II's Interest Expense for the six months ended in Dec. 2023 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

RiverNorth Flex Muniome Fund II Interest Expense Historical Data

The historical data trend for RiverNorth Flex Muniome Fund II's Interest 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 Flex Muniome Fund II Interest Expense Chart

RiverNorth Flex Muniome Fund II Annual Data

Trend

Jun21

Jun22

Jun23

Interest Expense

-2.26

-7.65

RiverNorth Flex Muniome Fund II Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-0.42	-1.84	-3.12	-4.53	-4.71

RiverNorth Flex Muniome Fund II Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest 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 $-9.23 Mil.

RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RiverNorth Flex Muni Income Fund II Inc (NYSE:RFMZ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

360 S. Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401

Website

https://www.rivernorth.com

RiverNorth Flex Muni Income Fund II 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

Scott Sprauer	officer: 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
Robert A Dimella	officer: Portfolio Manager	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John Wayne Hutchens	director	360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Michael Petty	officer: Portfolio Manager	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John J Lawlor	officer: Portfolio Manager	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mackay Shields Llc	officer: Sub-Adviser	1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
David Dowden	officer: Portfolio Manager	1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
John M Loffredo	officer: Portfolio Manager	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert Patrick Burke	officer: Portfolio Manager	C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jerry Raio	director	360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Stephen Andrew O'neill	other: Portfolio Manager	360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John S. Oakes	director	325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jonathan M. Mohrhardt	officer: Treasurer	325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654

RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) Headlines

From GuruFocus

Hayek Kallen Investment Management Buys RiverNorth Flex Muni Income Fund II Inc, Nuveen Dynamic Municipal Opportunities, Blue Ridge Bankshares Inc, Sells General Electric Co

By GuruFocus Research GuruFocus Editor • 08-16-2021