RiverNorth Managed Duration Municipal Income Fund II (RMMZ) Financials

RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) is a financial institution that focuses on managing municipal bonds. The company's income statement shows the various sources of revenue, including interest income from the bonds it holds. The gross profit is the difference between the total revenue and the cost of selling and servicing the bonds. Net income from stockholders represents the amount of money left after all expenses and taxes have been paid. This is distributed to the shareholders in the form of dividends. RiverNorth Managed Duration Municipal Income Fund II, Inc. has a strong balance sheet with significant cash equivalents and a healthy stockholders' equity. The total assets represent the value of all the investments and cash held by the company. The total debt and total liabilities indicate the financial obligations that RiverNorth Managed Duration Municipal Income Fund II, Inc. has. The cash flow statement shows the movement of cash in and out of the company. The operating cash flow is the cash generated from the company's core operations. The investing cash flow represents the cash used for acquiring or disposing of assets, while the financing cash flow shows the cash generated or used for raising funds or repaying debts. Free cash flow is the cash left after all expenses and investments have been made. RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) is a reputable financial institution with strong financials and a focus on managing municipal bonds.