Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)

NYSE: RMM · IEX Real-Time Price · USD
14.84
0.00 (0.00%)
May 15, 2024, 4:00 PM EDT - Market closed
0.00%
Market Value 292.94M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 19.74M
EPS (ttm) 0.96
PE Ratio 15.46
Forward PE n/a
Dividend $1.10 (7.41%)
Ex-Dividend Date Jun 14, 2024
Volume 33,074
Open 14.84
Previous Close 14.84
Day's Range 14.75 - 14.95
52-Week Range 12.32 - 15.85
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About 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. 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 ... [Read more]

Sector Financials
Founded 2019
Country United States
Stock Exchange NYSE
Ticker Symbol RMM
Full Company Profile

News

RiverNorth Closed-End Funds Declare Monthly Distributions

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for April, May and June 2024...

6 weeks ago - Business Wire

The Safest Way To Get 7.5% Dividends (Perfect For 2023)

We've got plenty of high-quality dividends on the table as we roll into 2023.

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1 year ago - Forbes