RMMRiverNorth Managed Duration Municipal Income FundRMM info
$15.91info-0.13%24h
Global rank14406
Market cap$314.06M
Change 7d0.63%
YTD Performance12.52%
SP500 benchmarkUnderperform
P/E0
P/S16.44
Revenue$19.11M
Earnings$19.03M
Dividend yield-
Main Sector
Financial Services

RiverNorth Managed Duration Municipal Income Fund (RMM) Stock Overview

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 Bond Index. The fund employs proprietary research to create its portfolio. Rivernorth Managed Duration Municipal Income Fund Inc. was formed on July 26, 2019 and is domiciled in the United States.

RMM Stock Information

Symbol
RMM
Address
325 North LaSalle StreetChicago, IL 60654United States
Founded
-
Trading hours
9:30 AM - 4:00 PM ET
Website
https://www.rivernorth.com/closed-end-funds/rmm
Country
πŸ‡ΊπŸ‡Έ United States
Phone Number
312-832-1440

RiverNorth Managed Duration Municipal Income Fund (RMM) Price Chart

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Value:-

RiverNorth Managed Duration Municipal Income Fund Overview: Key Details and Summary

Stock data
2023
Change
Price
$15.91
N/A
Market Cap
$314.06M
N/A
Shares Outstanding
19.74M
-0.14%
Employees
0
N/A
Valuation
2023
Change
P/S Ratio
16.44
N/A
Earnings
2023
Change
Revenue
$19.11M
N/A
Earnings
$19.03M
N/A
Net income margin
0.996
N/A
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