RiverNorth Managed Duration Municipal Income Fund Inc logo

RMM

FINANCIAL SERVICES

RiverNorth Managed Duration Municipal Income Fund Inc

$14.54+0.30 (+2.11%)PRE

Live · NYSE · May 9, Close

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52-Week Range

$12.47$14.63

$14.54

Fundamentals

Market Cap$287M
P/E Ratio76.5
EPS$0.19
Dividend Yield
Dividend / Share
ROE-16.7%
Profit Margin
Debt / Equity

Trading

Volume97K
Avg Volume (10D)
Shares Outstanding19.7M

Price Data

Open$14.04
Previous Close$14.24
Day High$14.33
Day Low$14.04
52 Week High$14.63
52 Week Low$12.47

About RiverNorth Managed Duration Municipal Income Fund Inc

RiverNorth Managed Duration Municipal Income Fund Inc (RMM) is a closed-end investment fund focused on delivering high current income through a well-diversified portfolio of municipal securities. Employing a managed duration strategy, RMM effectively navigates interest rate variations to seize favorable opportunities within the municipal bond market. This fund is particularly attractive to institutional investors seeking tax-exempt income, enhancing their fixed-income portfolios with a strong emphasis on tax efficiency. With a commitment to active management and rigorous market research, RMM aims to identify undervalued assets while effectively managing risk in municipal investment, making it a compelling choice for investors looking to optimize income generation.

FINANCIAL SERVICESASSET MANAGEMENT

Company Details

Security TypeStock
ExchangeNYSE
CurrencyUSD
Round Lot
SICASSET MANAGEMENT
CIK
Composite FIGI
Share Class FIGI