Loading...
XNYS
RMM
, Last price  
USD
Name

RiverNorth Managed Duration Municipal Income Fund Inc

Chart & performance

D1W1MN
XNYS:RMM chart
P/E
—
P/B
—
EPS
1.70
Vol. 1Y
—
Shs. 5Y
-0.02%
Rev. 5Y
-19.03%
Div Yld LY
—
Div Yld TTM
—
Revenues
24m
P
18,453,09069,203,369-60,833,91619,105,50425,434,410-5,143,23924,083,647
Net income
34m
P
-17,320,96069,161,175-60,885,21519,029,62625,267,052-12,858,27833,510,765
CFO
9m
-76.41%
-604,823,37040,144,7862,230,12837,700,15737,673,48836,885,9008,699,763
Dividend
Nov 16, 20260.0847 USD/sh

Notes

No notes on this company yet
Write a private note on this company, for your eyes only

Profile

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.

Related entities

Fund manager
RiverNorth Capital Management, LLC
IPO date
Jul 26, 2019
Employees
Domiciled in
US
Incorporated in
US
Legal address
C/O PARACORP INCORPORATED
245 WEST CHASE STREET
BALTIMORE, MD 21201
US
Headquarters
C/O RiverNorth Capital Management, LLC
360 S. Rosemary Avenue
Suite 1420
West Palm Beach, FL 33401
US
Previous name
RIVERNORTH OPPORTUNISTIC MUNICIPAL INCOME FUND II, INC.

Valuation

Title
in thousands, except ratios and share amounts
FYFYFYFYFYFYFY
2026‑062025‑062024‑062023‑062022‑062021‑062020‑06
Income
Revenues
Cost of revenue
Unusual Expense (Income)
NOPBT
NOPBT Margin
Operating Taxes
Tax Rate
NOPAT
Net income
Dividends
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current
Long-term debt
Deferred revenue
Other long-term liabilities
Net debt
Cash flow
Cash from operating activities
CAPEX
Cash from investing activities
Cash from financing activities
FCF
Balance
Cash
Long term investments
Excess cash
Stockholders' equity
Invested Capital
ROIC
ROCE
EV
Common stock shares outstanding
Price
Market cap
EV
EBITDA
EV/EBITDA
Interest
Interest/NOPBT