RMM
FINANCIAL SERVICESRiverNorth Managed Duration Municipal Income Fund Inc
Live · NYSE · May 9, Close
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52-Week Range
$14.54
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52-Week Range
$14.54
Fundamentals
Trading
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.