RiverNorth Managed Duration Municipal Income Fund 

$13.76
10
+$0.13+0.95% Today

Statistics

Day High
13.79
Day Low
13.54
52W High
14.88
52W Low
12.55
Volume
17,519
Avg. Volume
60,563
Mkt Cap
0
P/E Ratio
-
Dividend Yield
7.46%
Dividend
1.03

Upcoming

Dividends

7.46%Dividend Yield
Apr 26
$0.08
Mar 26
$0.08
Feb 26
$0.08
Jan 26
$0.08
Dec 25
$0.09
10Y Growth
N/A
5Y Growth
-1.58%
3Y Growth
-2.4%
1Y Growth
-6.41%

Earnings

8SepExpected
Q2 2020
Q4 2020
Q2 2021
Q4 2021
Q2 2022
-3.28
-1.55
0.19
1.92
Expected EPS
0
Actual EPS
-3.28

People Also Follow

This list is based on the watchlists of people on Stock Events who follow RMM. It's not an investment recommendation.

Competitors

This list is an analysis based on recent market events. It's not an investment recommendation.
Nuveen AMT-Free Quality Municipal Income Fund
NEA
Mkt Cap0
NEA, Nuveen AMT-Free Quality Municipal Income Fund, directly competes by offering tax-free income through municipal bond investments, similar to RMM's focus on municipal income.
Nuveen Quality Municipal Income Fund
NAD
Mkt Cap0
Nuveen Quality Municipal Income Fund, like RMM, invests in municipal bonds aiming to provide tax-free income, making it a direct competitor in the municipal bond space.
iShares National Muni Bond
MUB
Mkt Cap0
iShares National Muni Bond ETF offers diversified exposure to the municipal bond market, competing with RMM's municipal bond investment strategy.
PIMCO MUNICIPAL INCOME FUND II COMMON SHARES OF BENEFICIAL INT.
PML
Mkt Cap0
PIMCO Municipal Income Fund II focuses on investing in municipal bonds to generate tax-free income, similar to RMM's investment objective.
Vanguard Tax-Exempt Bond
VTEB
Mkt Cap0
Vanguard Tax-Exempt Bond ETF provides exposure to tax-exempt municipal bonds, directly competing with RMM's tax-free income strategy.
Invesco Quality Municipal Income Trust
IQI
Mkt Cap530.42M
Invesco Quality Municipal Income Trust, like RMM, aims to provide investors with quality tax-exempt income, making it a competitor in the municipal bond market.
PIMCO Municipal Income Fund
PMF
Mkt Cap0
PIMCO Municipal Income Fund invests in a diversified portfolio of municipal bonds, competing with RMM in seeking to provide tax-free income.
VanEck High Yield Muni
HYD
Mkt Cap0
VanEck Vectors High-Yield Municipal Index ETF focuses on high-yield municipal bonds, offering a riskier but potentially higher-yielding alternative to RMM's investment strategy.
VanEck CEF Muni Income
XMPT
Mkt Cap0
VanEck Vectors CEF Municipal Income ETF invests in a portfolio of municipal bond closed-end funds, offering a similar tax-exempt income focus as RMM but through a different structure.

About

Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal debt securities. It seeks to invest in securities of any maturity. The fund employs a combination of fundamental and quantitative analysis. It benchmarks the performance of its portfolio against the Bloomberg Barclays Municipal Bond Index. The fund employs proprietary research to create its portfolio. Rivernorth Managed Duration Municipal Income Fund Inc. was formed on July 26, 2019 and is domiciled in the United States.
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CEO
Mr. Stephen Andrew O'Neill C.F.A., CFA
Country
US
ISIN
US76882H1059

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FAQ

What is RiverNorth Managed Duration Municipal Income Fund stock price today?
The current price of RMM is $13.76 USD — it has increased by +0.95% in the past 24 hours. Watch RiverNorth Managed Duration Municipal Income Fund stock price performance more closely on the chart.
What is RiverNorth Managed Duration Municipal Income Fund stock ticker?
Depending on the exchange, the stock ticker may vary. For instance, on exchange RiverNorth Managed Duration Municipal Income Fund stocks are traded under the ticker RMM.
Is RiverNorth Managed Duration Municipal Income Fund stock price growing?
RMM stock has risen by +1.7% compared to the previous week, the month change is a -5.1% fall, over the last year RiverNorth Managed Duration Municipal Income Fund has showed a -4.64% decrease.
What were RiverNorth Managed Duration Municipal Income Fund earnings last quarter?
RMM earnings for the last quarter are -3.28 USD per share, whereas the estimation was 0 USD resulting in a -∞% surprise. The estimated earnings for the next quarter are N/A USD per share.
Does RiverNorth Managed Duration Municipal Income Fund pay dividends?
Yes, RMM dividends are paid monthly. The last dividend per share was 0.08 USD. As of today, Dividend Yield (FWD)% is 7.46%.
In which sector is RiverNorth Managed Duration Municipal Income Fund located?
RiverNorth Managed Duration Municipal Income Fund operates in the Financials sector.
When did RiverNorth Managed Duration Municipal Income Fund complete a stock split?
RiverNorth Managed Duration Municipal Income Fund has not had any recent stock splits.
Where is RiverNorth Managed Duration Municipal Income Fund headquartered?
RiverNorth Managed Duration Municipal Income Fund is headquartered in Chicago, US.