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.
What is RiverNorth Managed Duration Municipal Income Fund stock price today?▼
The current price of XRMMX is $14.91 USD — it has decreased by -0.07% 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 XRMMX.
Is RiverNorth Managed Duration Municipal Income Fund stock price growing?▼
XRMMX stock has risen by +1.08% compared to the previous week, the month change is a -1.84% fall, over the last year RiverNorth Managed Duration Municipal Income Fund has showed a -4.24% decrease.
Does RiverNorth Managed Duration Municipal Income Fund pay dividends?▼
Yes, XRMMX dividends are paid monthly. The last dividend per share was 0.09 USD. As of today, Dividend Yield (FWD)% is 6.81%.
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.