Companies /Financial Services

RiverNorth Managed Duration Municipal Income Fund Inc

NYSE: RMM Asset Management
$13.29
▲ $0.00 (+0.00%) today
Markets closed · 6:52pm ET

RMM at a Glance

Valuation
Market cap
$262.3M
P/E ratio
7.9
Profitability
EPS (TTM)
$1.68
Price
52-week range
$12 – $15

Headquartered in Chicago, IL Fiscal year ends December NYSE: RMM rivernorth.com

About RiverNorth Managed Duration Municipal Income Fund

RiverNorth Managed Duration Municipal Income Fund Inc. is a closed-end fund focusing on investment grade municipal debt securities within the United States. Managed by RiverNorth Capital Management, LLC and co-managed by MacKay Shields LLC, it aims to generate income by investing across various maturities. The fund uses a mix of fundamental and quantitative analysis to select investments, benchmarking its performance against the Bloomberg Barclays Municipal Bond Index. Established in 2019, it is designed for investors seeking exposure to municipal bonds.

RMM Coverage

Frequently Asked Questions

What does RiverNorth Managed Duration Municipal Income Fund do?

RiverNorth Managed Duration Municipal Income Fund Inc. is a closed-end fund focusing on investment grade municipal debt securities within the United States. Managed by RiverNorth Capital Management, LLC and co-managed by MacKay Shields LLC, it aims to generate income by investing across various maturities.