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Asset logo for symbol RMM
RiverNorth Managed Duration Municipal Income Fund
RMM39
$15.88arrow_drop_up0.85%$0.13
Asset logo for symbol RMM
RMM39

$15.88

arrow_drop_up0.85%

Performance History

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Key Stats
Open$16.03
Prev. Close$15.96
EPS1.28
Next Earnings Date-
Dividend Yield %-
LOWHIGH
Day Range15.90
16.01
52 Week Range12.32
16.37
Ratios
EBITDA Margin %-
EPS1.28

Score Breakdown

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Analyst Forecast

Period: Next 12 Months

Analyst Ratings

About RiverNorth Managed Duration Municipal Income Fund (RMM)

RiverNorth Managed Duration Municipal Income Fund Inc (RMM) is a closed-end management investment company. The Fund's investment objective is to seek a high level of current income exempt from regular federal income tax. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of municipal obligations issued by state and local government authorities or certain territories of the United States. The Fund may invest directly in such obligations or indirectly through other fund investments, including exchange-traded funds (ETFs) and mutual funds. RiverNorth Capital Management, LLC serves as the Fund's investment advisor.
RiverNorth Managed Duration Municipal Income Fund Inc (RMM) is a closed-end management investment company. The Fund's investment objective is to seek a high level of current income exempt from regular federal income tax. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of municipal obligations issued by state and local government authorities or certain territories of the United States. The Fund may invest directly in such obligations or indirectly through other fund investments, including exchange-traded funds (ETFs) and mutual funds. RiverNorth Capital Management, LLC serves as the Fund's investment advisor.
Sector
Financial Services
Industry
Asset Management
CEO
Headquarters
Chicago
Employees
0
Exchange
NYSE
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Frequently Asked Questions

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What is RiverNorth Managed Duration Municipal Income Fund 's (RMM) price per share?

The current price per share for RiverNorth Managed Duration Municipal Income Fund (RMM) is $15.89. The stock has seen a price change of $0.13 recently, indicating a 0.86% change. This reflects the stock's recent market performance and investor sentiment.
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What is the 52-week high and low for RiverNorth Managed Duration Municipal Income Fund (RMM)?

For RiverNorth Managed Duration Municipal Income Fund (RMM), the 52-week high is $16.37, which is 3.05% from the current price. The 52-week low is $12.32, the current price is 28.94% above the 52-week low. This gives investors an insight into the stock's volatility and price range over the past year.
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Is RiverNorth Managed Duration Municipal Income Fund (RMM) a growth stock?

RiverNorth Managed Duration Municipal Income Fund (RMM) has shown an average price growth of -1.93% over the past three years. It has received a score of 39 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying RiverNorth Managed Duration Municipal Income Fund as a growth stock may vary, considering it is one of many factors investors might evaluate, including market trends, financial performance, and future prospects of the company.
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What is RiverNorth Managed Duration Municipal Income Fund (RMM) stock price performance year to date (YTD)?

As of the latest data, RiverNorth Managed Duration Municipal Income Fund (RMM) has a year-to-date price change of 10.7%. Over the past month, the stock has experienced a price change of -0.28%. Over the last three months, the change has been 4.17%. Over the past six months, the figure is 8.29%. Looking at a longer horizon, the five-year price change stands at -20.09%.
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Is RiverNorth Managed Duration Municipal Income Fund (RMM) a profitable company?

RiverNorth Managed Duration Municipal Income Fund (RMM) has a net income of $25.27M, which represents the company's total earnings after all expenses have been deducted from revenues. The gross margin of indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of 0% reflects the percentage of revenue remaining after covering variable production costs, highlighting the efficiency of the company's core operations. Total revenue stands at $25.43M, with a revenue growth rate of 33.13%, providing insight into the company's sales performance and growth. The gross profit is $25.43M. Operating income is noted at $25.27M. Furthermore, the EBITDA is $0.
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What is the market capitalization of RiverNorth Managed Duration Municipal Income Fund (RMM)?

RiverNorth Managed Duration Municipal Income Fund (RMM) has a market capitalization of $313.27M. The average daily trading volume is 15.86, indicating the stock's liquidity and investor engagement.

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