RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)

NYSE: RMMZ · Real-Time Price · USD
15.69
+0.28 (1.82%)
Jan 21, 2025, 3:59 PM EST - Market closed
1.82%
Market Value 132.66M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 8.46M
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend $1.16 (7.41%)
Ex-Dividend Date Jan 15, 2025
Volume 36,905
Open 15.43
Previous Close 15.41
Day's Range 15.43 - 15.76
52-Week Range 14.70 - 16.56
Beta 0.84
Analysts n/a
Price Target n/a
Earnings Date n/a

About RMMZ

RiverNorth Managed Duration Municipal Income Fund II, Inc. functions as an organized, diversified, closed-end management investment fund. The fund's primary investment objective is current income exempt from regular U.S. Federal income and secondary investment objective is total return. The company is headquartered in Chicago, IL. [Read more]

Sector Financials
Founded 2022
Country United States
Stock Exchange NYSE
Ticker Symbol RMMZ
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 reset distribution rates have been proposed for the calendar y...

Other symbols: OPPRFMRFMZRIVRMIRMMRSF
19 days ago - Business Wire

RMMZ: Hybrid Approach To Municipal Bond Exposure

RiverNorth Managed Duration Municipal Income Fund II is a closed-end fund that provides exposure to municipal bonds. RMMZ utilizes a portfolio that includes individual municipal bonds and a fund-of-fu...

8 months ago - Seeking Alpha

RMMZ: Interesting Dual Muni Bond Strategy Earns A Sell Rating

RiverNorth Managed Duration Municipal Income Fund II combines two investment strategies in its portfolio. RMMZ has $146.6m in common assets and $231m in total AUM, with a yield of 6.9%. The fund imple...

1 year ago - Seeking Alpha

3 Tax-Free Dividends To Buy In 2024

Today we're going to use a simple strategy to (legally!) beat the tax man.

Other symbols: MQYNEA
1 year ago - Forbes