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RiverNorth Managed Duration Municipal Income Fund Inc (RMM)

factsheet Factsheet
  • Market Capitalisation market-capitalisation-info $298 Mln
  • Price to Earnings Ratio price-to-earning --
  • 12 Month Earnings monthly-earning $--

RiverNorth Managed Duration Municipal Income Fund Inc (RMM) Share Price

NYSE

$14.23

As on 28-Nov-2023 16:10 EST

up-down-arrow $-0.07 • -0.49%

  • Prev Close info

    $14.30

  • Day's Openinfo

    $14.29

  • Today's Highinfo

    $14.38

  • Today's Lowinfo

    $14.18

  • Today's Volumeinfo

    62,830

  • 52 Week rangeinfo

    $12.32 - 16.85

RiverNorth Managed Duration Municipal Income Fund Inc (RMM) Stock Performance
YTD
1 Month
3 Months
1 Year
3 Years
5 Years
10 Years
RiverNorth Managed Duration Municipal Income Fund Inc (RMM)
-1.18 13.84 -6.07 -6.99 -6.64 -- --
S&P BSE Sensex*
10.91 5.65 4.09 6.94 15.19 13.27 12.49
S&P Small-Cap 600#
-5.82 -5.34 -13.90 -6.30 5.30 2.98 5.53
As on 28-Nov-2023  |  *As on 01-Dec-2023  |  #As on 26-Oct-2023
2022
2021
2020
RiverNorth Managed Duration Municipal Income Fund Inc (RMM)
-28.54 19.66 -2.14
S&P Small-Cap 600
-17.42 25.27 9.57
S&P BSE Sensex
4.44 21.99 15.75

Valuation
Stock
Peer Median

Growth & Efficiency
Stock
Peer Median

Solvency

Is there a threat to this company's solvency in the future?

Financial Manipulation

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RiverNorth Managed Duration Municipal Income Fund Inc (RMM) Peer Comparison

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    Valuation Chart of RiverNorth Managed Duration Municipal Income Fund Inc (RMM)

        Financials

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        Other details of RiverNorth Managed Duration Municipal Income Fund Inc (RMM)

        Portfolio Mang.

        Mr. Stephen Andrew O'Neill C.F.A., CFA

        Portfolio Mang.

        Mr. Michael Petty

        Headquarters

        Chicago, IL

        Website

        https://www.rivernorth.com/closed-end-funds/rmm
        More Detailsarrow

        FAQs for RiverNorth Managed Duration Municipal Income Fund Inc (RMM)

        The total asset value of RiverNorth Managed Duration Municipal Income Fund Inc (RMM) stood at $ 575 Mln as on 31-Dec-21

        The share price of RiverNorth Managed Duration Municipal Income Fund Inc (RMM) is $14.23 (NYSE) as of 28-Nov-2023 16:10 EST. RiverNorth Managed Duration Municipal Income Fund Inc (RMM) has given a return of -6.64% in the last 3 years.

        RiverNorth Managed Duration Municipal Income Fund Inc (RMM) has a market capitalisation of $ 298 Mln as on 19-May-2023. As per Value Research classification, it is a Small Cap company.

        Since, TTM earnings of RiverNorth Managed Duration Municipal Income Fund Inc (RMM) is negative, P/E ratio is not available.

        Step 1. Open a demat account through a broker. You would need to provide your email, PAN, bank account details, aadhar details, etc., for KYC
        Step 2. Sign in to the broker’s application through a mobile app or website. Use the Login ID and password provided by your broker.
        Step 3. Transfer funds from your bank account into the wallet present in your brokerage account.
        Step 4. Search for the RiverNorth Managed Duration Municipal Income Fund Inc (RMM) and enter the required number of quantities and click on buy to purchase the shares of RiverNorth Managed Duration Municipal Income Fund Inc (RMM).

        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.

        The CEO & director of Mr. Stephen Andrew O'Neill C.F.A., CFA. is RiverNorth Managed Duration Municipal Income Fund Inc (RMM), and CFO & Sr. VP is Mr. Michael Petty.

        There is no promoter pledging in RiverNorth Managed Duration Municipal Income Fund Inc (RMM).

        Some of the close peers are:

        Company Market Cap($ Mln)
        FS KKR Capital (FSK)
        539
        Affiliated Managers Group (AMG)
        510
        Affiliated Managers Group Inc (MGR)
        510
        MGRD (MGRD)
        510
        RiverNorth Managed Duration Municipal Income Fund Inc (RMM) Ratios
        Return on equity(%)
        -16.66
        Return on capital employed(%)
        -10.33
        Debt-to-equity ratio
        0.72
        Dividend yield(%)
        --

        No, TTM profit after tax of RiverNorth Managed Duration Municipal Income Fund Inc (RMM) was No Profit.

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        Key Facts

        • Market cap market-cap-information $298.27 Mln
        • Revenue (TTM)revenue-information $--
        • Earnings (TTM) earning-information $--
        • Cash date-information $0.00 Mln
        • Total Debt info $--
        • Insider's Holding 0.00%
        • Liquidity liquidity High
        • 52 Week range week-range $12.32 - 16.85
        • Shares outstanding share-outstanding 19,739,600

        About The Company

        • Business

          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.  Read more

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