Rivernorth Managed Duration Municip... (RMM)

$16.31

-0.01 (-0.06%)
Rating:
Recommendation:
-
Symbol RMM
Price $16.31
Beta 0.000
Volume Avg. 0.09M
Market Cap 321.953M
Shares () -
52 Week Range 13.43-18.728
1y Target Est -
DCF Unlevered RMM DCF ->
DCF Levered RMM LDCF ->
ROE -16.76% Sell
ROA -5.04% Neutral
Operating Margin -
Debt / Equity 56.65% Buy
P/E 9.21 Strong Buy
P/B 0.79 Buy
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


Financial Services
Asset Management
New York Stock Exchange

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.