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RiverNorth Flexible Municipalome Fund (RiverNorth Flexible Municipalome Fund) Market Cap : $97.41 Mil (As of May. 26, 2024)


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What is RiverNorth Flexible Municipalome Fund Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). RiverNorth Flexible Municipalome Fund's share price for the quarter that ended in Dec. 2023 was $15.47. RiverNorth Flexible Municipalome Fund's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 6.11 Mil. Therefore, RiverNorth Flexible Municipalome Fund's market cap for the quarter that ended in Dec. 2023 was $94.59 Mil.

RiverNorth Flexible Municipalome Fund's quarterly market cap increased from Dec. 2022 ($95.88 Mil) to Jun. 2023 ($97.22 Mil) but then declined from Jun. 2023 ($97.22 Mil) to Dec. 2023 ($94.59 Mil).

RiverNorth Flexible Municipalome Fund's annual market cap declined from Jun. 2021 ($144.61 Mil) to Jun. 2022 ($102.12 Mil) and declined from Jun. 2022 ($102.12 Mil) to Jun. 2023 ($97.22 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. RiverNorth Flexible Municipalome Fund's Enterprise Value for Today is $158.95 Mil.


RiverNorth Flexible Municipalome Fund Market Cap Historical Data

The historical data trend for RiverNorth Flexible Municipalome Fund's Market Cap 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.

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RiverNorth Flexible Municipalome Fund Market Cap Chart

RiverNorth Flexible Municipalome Fund Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Market Cap
119.99 144.61 102.12 97.22

RiverNorth Flexible Municipalome Fund Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial 133.97 102.12 95.88 97.22 94.59

Competitive Comparison of RiverNorth Flexible Municipalome Fund's Market Cap

For the Asset Management subindustry, RiverNorth Flexible Municipalome Fund's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Flexible Municipalome Fund's Market Cap distribution charts can be found below:

* The bar in red indicates where RiverNorth Flexible Municipalome Fund's Market Cap falls into.



RiverNorth Flexible Municipalome Fund Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

RiverNorth Flexible Municipalome Fund's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=$15.9*6.1147
=$97.22

RiverNorth Flexible Municipalome Fund's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$15.47*6.1147
=$94.59

* 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  (NYSE:RFM) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


RiverNorth Flexible Municipalome Fund Market Cap Related Terms

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RiverNorth Flexible Municipalome Fund (RiverNorth Flexible Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
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.
Executives
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 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
Robert A Dimella other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Petty other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John J Lawlor other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Scott Sprauer other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
David Dowden other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
Patrick W. Galley director, officer: President 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
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
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
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607
Jonathan M. Mohrhardt other: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654

RiverNorth Flexible Municipalome Fund (RiverNorth Flexible Municipalome Fund) Headlines

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