| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Rivernorth Managed Duration Municipal Income Fund Inc. Competitors
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Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.54 |
| 52 Week High | US$16.85 |
| 52 Week Low | US$12.32 |
| Beta | 0 |
| 1 Month Change | 16.32% |
| 3 Month Change | -5.65% |
| 1 Year Change | -4.84% |
| 3 Year Change | -17.15% |
| 5 Year Change | n/a |
| Change since IPO | -27.26% |
Recent News & Updates
RMM: An Expensive Way To Access The Municipal Bond Sector
Nov 08RMM: Municipal Bond Fund With A Hybrid Approach
Jan 09RiverNorth Managed Duration Municipal Income Fund declares $0.0929 dividend
Oct 03Recent updates
RMM: An Expensive Way To Access The Municipal Bond Sector
Nov 08RMM: Municipal Bond Fund With A Hybrid Approach
Jan 09RiverNorth Managed Duration Municipal Income Fund declares $0.0929 dividend
Oct 03RiverNorth Managed Duration Municipal Income Fund declares $0.0929 dividend
Jul 05RMM: A Unique Approach To Muni Investing
May 23RMM: Muni Exposure And Monthly Income
Jun 15RiverNorth Managed Duration Municipal Income Fund declares $0.0917 dividend
Jan 04RMM: Clearly Has One Of The Highest Muni Yields, But It Is Not A Clear Buy
Dec 21Shareholder Returns
| RMM | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 1.4% | 0.8% | 0.3% |
| 1Y | -4.8% | 3.4% | 13.7% |
Return vs Industry: RMM underperformed the US Capital Markets industry which returned 1.7% over the past year.
Return vs Market: RMM underperformed the US Market which returned 12.1% over the past year.
Price Volatility
| RMM volatility | |
|---|---|
| RMM Average Weekly Movement | 2.8% |
| Capital Markets Industry Average Movement | 2.1% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 15.3% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: RMM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: RMM's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2019 | n/a | n/a | https://www.rivernorth.com/closed-end-funds/rmm |
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.
Rivernorth Managed Duration Municipal Income Fund Inc. Fundamentals Summary
| RMM fundamental statistics | |
|---|---|
| Market Cap | US$287.01m |
| Earnings (TTM) | US$0 |
| Revenue (TTM) | n/a |
n/a
P/E Ration/a
P/S RatioIs RMM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RMM income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$0 |
| Earnings | US$0 |
Last Reported Earnings
n/a
Next Earnings Date
n/a
| Earnings per share (EPS) | 0 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0.0% |
How did RMM perform over the long term?
See historical performance and comparison