RENN Fund, Inc.

RENN Fund, Inc.verified

RCG

Price:

$2.7

Market Cap:

$18.94M

RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio. It was formerly known as RENN Global Entrepreneurs Fund, Inc. RENN Fund, Inc. was formed on January 20, 1994 and is domiciled in the United States.[Read more]

Industry

Asset Management

IPO Date

1996-04-30

Stock Exchange

AMEX

Ticker

RCG

The Enterprise Value as of November 2024 (TTM) for RENN Fund, Inc. (RCG) is 18.94M

According to RENN Fund, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 18.94M. This represents a change of 59.25% compared to the average of 11.89M of the last 4 quarters.

RENN Fund, Inc. (RCG) Historical Enterprise Value (quarterly & annually)

How has RCG Enterprise Value performed in the past?

The mean historical Enterprise Value of RENN Fund, Inc. over the last ten years is 9.27M. The current 18.94M Enterprise Value has changed 20.33% with respect to the historical average. Over the past ten years (40 quarters), RCG's Enterprise Value was at its highest in in the June 2023 quarter at 18.72M. The Enterprise Value was at its lowest in in the December 2015 quarter at 1.79M.

Quarterly (TTM)
Annual

Average

9.27M

Median

9.47M

Minimum

2.16M

Maximum

15.61M

RENN Fund, Inc. (RCG) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of RENN Fund, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 265.11%

Maximum Annual Enterprise Value = 15.61M

Minimum Annual Increase = -63.00%

Minimum Annual Enterprise Value = 2.16M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202311.98M2.39%
202211.70M-25.06%
202115.61M53.90%
202010.15M-7.84%
201911.01M25.32%
20188.78M15.68%
20177.59M-3.62%
20167.88M265.11%
20152.16M-63.00%
20145.83M4.55%

RENN Fund, Inc. (RCG) Average Enterprise Value

How has RCG Enterprise Value performed in the past?

The current Enterprise Value of RENN Fund, Inc. (RCG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

13.10M

5-year avg

12.09M

10-year avg

9.27M

RENN Fund, Inc. (RCG) Enterprise Value vs. Peers

How is RCG’s Enterprise Value compared to its peers?

RENN Fund, Inc.’s Enterprise Value is less than Ellsworth Growth and Income Fund Ltd. (0), less than Delaware Investments National Municipal Income Fund (134.03M), less than Nuveen New Jersey Quality Municipal Income Fund (229.62M), less than John Hancock Hedged Equity & Income Fund (509.04M), less than Clough Global Dividend and Income Fund (132.32M), less than Clough Global Opportunities Fund (106.11M), less than Dividend Growth Split Corp. (277.01M), less than Voya Asia Pacific High Dividend Equity Income Fund (678.44M), less than MFS Special Value Trust (68.24M), less than MFS Municipal Income Trust (32.15M), less than BlackRock MuniHoldings Fund, Inc. (341.96M), less than Neuberger Berman New York Municipal Fund, Inc. (635.21M), less than Eaton Vance New York Municipal Bond Fund (41.06M), less than BNY Mellon Municipal Income, Inc. (261.96M), less than Abrdn Emerging Markets Equity Income Fund Inc (190.51M), less than Putnam Master Intermediate Income Trust (299.06M), less than John Hancock Investors Trust (155.81M), less than MFS Charter Income Trust (209.75M), less than The Gabelli Multimedia Trust Inc. (357.61M), less than null (136.33M),

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