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Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)

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14.39
+0.06
+(0.42%)
At close: April 3 at 4:00:02 PM EDT
Loading Chart for RMM
  • Previous Close 14.33
  • Open 14.33
  • Bid --
  • Ask --
  • Day's Range 14.30 - 14.44
  • 52 Week Range 14.21 - 16.37
  • Volume 59,810
  • Avg. Volume 57,855
  • Market Cap (intraday) 284.053M
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) 18.22
  • EPS (TTM) 0.79
  • Earnings Date --
  • Forward Dividend & Yield 1.09 (8.50%)
  • Ex-Dividend Date Nov 14, 2023
  • 1y Target Est --

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.

www.rivernorth.com/closed-end-funds/rmm

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Full Time Employees

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Fiscal Year Ends

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Performance Overview: RMM

Trailing total returns as of 4/3/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

RMM
1.69%
S&P 500 (^GSPC)
8.25%

1-Year Return

RMM
3.54%
S&P 500 (^GSPC)
3.55%

3-Year Return

RMM
3.73%
S&P 500 (^GSPC)
18.71%

5-Year Return

RMM
21.99%
S&P 500 (^GSPC)
116.85%

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Statistics: RMM

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Valuation Measures

Annual
As of 4/3/2025
  • Market Cap

    284.05M

  • Enterprise Value

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  • Trailing P/E

    18.22

  • Forward P/E

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  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    15.15

  • Price/Book (mrq)

    0.89

  • Enterprise Value/Revenue

    26.31

  • Enterprise Value/EBITDA

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Financial Highlights

Profitability and Income Statement

  • Profit Margin

    0.00%

  • Return on Assets (ttm)

    --

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    --

  • Net Income Avi to Common (ttm)

    --

  • Diluted EPS (ttm)

    0.79

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    --

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: RMM

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