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RiverNorth Flexible Municipal Income Fund, Inc. (RFM)

NYSE Financial Services Asset Management - Income
$14.99 ▲ +0.28%
Market Cap
$91.7M
Sector
Financial Services
Industry
Asset Management - Income
Beta
0.65
52-Wk Range
13.68-15.03
CEO
Patrick William Galley
Country
US
Currency
USD

RiverNorth Flexible Municipal Income Fund, Inc. operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $14.99, up 0.28% on the session, giving a market capitalisation of $91.7M. On trailing twelve-month figures it carries a trailing P/E of -23.42, a net margin of 307.8%. Its beta of 0.65 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-23.42
Price / Sales
-71.19
Price / Book
0.99
EV / EBITDA
-38.62
Gross margin
286.8%
Operating margin
307.8%
Net margin
307.8%
Return on equity
Debt / equity
0.66
Current ratio
0.27
Dividend yield
7.2%
Payout ratio
-175.3%
Company profile
Exchange
New York Stock Exchange
Employees
IPO date
2020-03-27
Headquarters
Chicago, IL, US
About RiverNorth Flexible Municipal Income Fund, Inc.

Rivernorth Flexible Municipal Income Fund, Inc. operates as a closed-end investment management firm. Its core mission is to generate a steady flow of income that is explicitly not subject to standard U.S. federal income taxation. This entity, which began its operations in 2019, maintains its primary business location in West Palm Beach, Florida.

Comparable companies

RiverNorth Flexible Municipal Income Fund, Inc. is most often compared with the following Financial Services names:

DMAFMNIAELVAGXNMSPGPRMIUSBNXVGIWMKMX
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