Rivernorth Managed Duration 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 Managed Duration Municipal Income Fund generated cash of $37,673,488, which is less than the previous year. Cash used in financing activities reached the amount of -$38,008,209 last year. Net change in cash is therefore -$334,721.
Cash Flow
| 2020 | -604.82M | 0 | 611.33M |
|---|---|---|---|
| 2021 | 40.14M | 0 | -41.68M |
| 2023 | 37.70M | 0 | -38.31M |
| 2024 | 37.67M | 0 | -38.00M |
RMM Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2020 | 2019 | |
|---|---|---|---|---|
Cash at beginning of period | 5.04M | 5.64M | 6.60M | 0 |
Operating activities | ||||
Net income | 25.26M | 19.02M | 69.16M | -17.32M |
| 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 | -420.32K | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 37.67M | 37.70M | 40.14M | -604.82M |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 0 | 0 | 0 | 0 |
Financing activities | ||||
Common Stock Issued | 0 | 0 | 0 | 0 |
Payments for dividends | -21.63M | -21.79M | -21.72M | 0 |
Repurchases of common stock | 0 | 0 | 0 | 394.68M |
Repayments of term debt | -16.36M | -16.51M | -29.96M | 0 |
Cash used in financing activities | -38.00M | -38.31M | -41.68M | 611.33M |
Net Change In Cash | -334.72K | -609.97K | -1.53M | 6.50M |
Cash at end of period | 4.70M | 5.04M | 5.07M | 6.50M |