The Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is a closed-end investment vehicle dedicated to fixed-income assets. It was launched and is managed by RiverNorth Capital Management, LLC, with MacKay Shields LLC serving as co-manager. The fund's strategy involves investing in the U.S. fixed-income markets, with a primary focus on investment-grade municipal debt across all maturities. To guide its investment decisions, the fund utilizes a combination of fundamental and quantitative analysis, underpinned by proprietary research for portfolio construction. Its performance is measured against the Bloomberg Barclays Municipal Bond Index. This fund, domiciled in the United States, commenced operations on July 26, 2019.
What is RiverNorth Managed Duration Municipal Income Fund stock price today?▼
The current price of XRMMX is $15.26 USD — it has increased by +0.2% 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 +0.59% compared to the previous week, the month change is a +2.14% rise, over the last year RiverNorth Managed Duration Municipal Income Fund has showed a +3.74% increase.
Does RiverNorth Managed Duration Municipal Income Fund pay dividends?▼
Yes, XRMMX dividends are paid monthly. The last dividend per share was 0.08 USD. As of today, Dividend Yield (FWD)% is 6.67%.
In which sector is RiverNorth Managed Duration Municipal Income Fund located?▼
RiverNorth Managed Duration Municipal Income Fund operates in the Finance & Payments 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, United States.