RiverNorth Managed Duration Municipal Income Fund 

$15.26
14
+$0.03+0.2%Past Week

Statistics

Day High
-
Day Low
-
52W High
15.34
52W Low
14.42
Volume
-
Avg. Volume
0
Mkt Cap
0
P/E Ratio
-
Dividend Yield
6.67%
Dividend
1.02

Upcoming

Dividends

6.67%Dividend Yield
Jun 26
$0.08
May 26
$0.08
Apr 26
$0.08
Mar 26
$0.08
Feb 26
$0.08
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 XRMMX. 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 Cap530.95M
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

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.
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CEO
Mr. Stephen Andrew O'Neill C.F.A.
Country
United States

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FAQ

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.