RiverNorth Opportunistic Municipal Income Fund
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of RiverNorth Opportunistic Municipal Income Fund generated cash of $5,070,352, which is less than the previous year. Cash used in financing activities reached the amount of -$16,880,714 last year. Net change in cash is therefore -$1,425,075.
Cash Flow
| 2020 | 18.16M | 17.64M | -17.76M |
|---|---|---|---|
| 2021 | 7.88M | 10.47M | -7.92M |
| 2023 | 25.26M | 12.97M | -25.31M |
| 2024 | 5.07M | 10.95M | -16.88M |
RMI Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2020 | 2019 | |
|---|---|---|---|---|
Cash at beginning of period | 1.44M | 1.50M | 940.00K | 534K |
Operating activities | ||||
Net income | 7.92M | 3.80M | 21.54M | 4.33M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 54.51K | -286.11K | 75.56K | 248.52K |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | -191.10K | -589.95K | 17.32K | 10.23K |
Cash generated by operating activities | 5.07M | 25.26M | 7.88M | 18.16M |
Investing activities | ||||
Purchases Of Investments | -111.72M | -87.74M | -84.25M | -119.33M |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 10.95M | 12.97M | 10.47M | 17.64M |
Financing activities | ||||
Common Stock Issued | 0 | 0 | 0 | 0 |
Payments for dividends | -7.41M | -7.67M | -8.25M | -7.01M |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | -9.46M | -17.04M | -17.17M | -10.34M |
Cash used in financing activities | -16.88M | -25.31M | -7.92M | -17.76M |
Net Change In Cash | -1.42M | -53.99K | -42.04K | 406.00K |
Cash at end of period | 1.35M | 1.44M | 897.95K | 940.00K |