Rivernorth Managed Duration Municipal Income Fund Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:RMM Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
10 Apr 25	BuyUS$10,432	Jonathan Browne	Individual	800	US$13.04
09 Apr 25	BuyUS$52,563	Patrick Galley	Individual	4,000	US$13.15
08 Apr 25	BuyUS$78,900	Patrick Galley	Individual	6,000	US$13.18

Insider Trading Volume

Insider Buying: RMM insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of RMM?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	15,800	0.08%
Private Companies	76,700	0.389%
Institutions	3,677,783	18.6%
General Public	15,969,345	80.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 17.88% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
2.69%	Wells Fargo & Company, Securities and Brokerage Investments	531,000	US$7.5m	10.8%	no data
2.23%	Stratos Wealth Partners, Ltd	439,443	US$6.2m	1.62%	0.09%
1.73%	UBS Asset Management AG	342,311	US$4.8m	6.06%	no data
1.47%	Stifel Asset Management Corp.	289,560	US$4.1m	-3.12%	no data
1.38%	Morgan Stanley, Investment Banking and Brokerage Investments	272,023	US$3.8m	6.21%	no data
1.29%	Royal Bank of Canada, Banking & Securities Investments	254,381	US$3.6m	11.3%	no data
1.17%	Robinson Capital Management, LLC	230,155	US$3.2m	248%	1.33%
0.84%	ProVise Management Group, LLC	165,000	US$2.3m	0.76%	0.19%
0.61%	World Investment Advisors, LLC	120,800	US$1.7m	317%	0.04%
0.56%	Advisors Asset Management, Inc.	111,176	US$1.6m	-1.8%	0.03%
0.53%	Logan Stone Capital, LLC	104,458	US$1.5m	26.3%	0.66%
0.49%	U.S. Capital Wealth Advisors, LLC	97,255	US$1.4m	-1.09%	0.04%
0.4%	LPL Financial Corporation, Asset Management Arm	79,174	US$1.1m	0.19%	no data
0.39%	Rivernorth Strategic Holdings, Llc	76,700	US$1.1m	0%	no data
0.36%	Raymond James Financial Inc., Asset Management Arm	71,033	US$997.3k	13.8%	no data
0.34%	Gts Securities Llc., Asset Management Arm	68,053	US$955.5k	0%	0.04%
0.29%	BB&T Trust	57,503	US$807.3k	25.2%	no data
0.2%	Apollon Wealth Management, LLC	38,945	US$546.8k	39.5%	0.01%
0.18%	Oppenheimer Asset Management Inc.	34,900	US$490.0k	38.5%	no data
0.15%	XML Financial, LLC	28,899	US$405.7k	12.7%	0.04%
0.13%	Wiley Bros.-Aintree Capital, Llc, Asset Management Arm	24,684	US$346.6k	0%	no data
0.12%	Avidian Wealth Enterprises, LLC	24,000	US$337.0k	0%	0.01%
0.12%	Rockefeller & Co. LLC	23,243	US$326.3k	-4.4%	no data
0.11%	Readystate Asset Management LP	22,690	US$318.6k	-14.7%	0.03%
0.11%	Wedbush Asset Management, LLC	21,412	US$300.6k	11.2%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/19 14:25
End of Day Share Price	2025/05/19 00:00
Earnings	N/A
Annual Earnings	N/A

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Rivernorth Managed Duration Municipal Income Fund Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.