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RiverNorth Mngd Durtn Mncpl Inc Fund Inc

RMM

Latest Trade

20.68USD

Change

-0.15(-0.72%)

Volume

44,414

Today's Range

20.61

 - 

20.85

52 Week Range

16.51

 - 

21.97

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
20.83
Open
20.69
Volume
44,414
3M AVG Volume
1.00
Today's High
20.85
Today's Low
20.61
52 Week High
21.97
52 Week Low
16.51
Shares Out (MIL)
19.74
Market Cap (MIL)
411.17
Forward P/E
--
Dividend (Yield %)
5.29

About RiverNorth Mngd Durtn Mncpl Inc Fund Inc

RiverNorth Managed Duration Municipal Income Fund, Inc. is a diversified, closed-end management investment company. The Company’s primary investment objective is current income exempt from regular United States Federal income taxes. Its secondary investment objective is total return. It seeks to achieve its investment objectives by investing, directly or indirectly, at least 80% of its managed assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular United States federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax. Under normal market conditions, it will seek to maintain managed assets with a weighted average effective duration that is within three years of the weighted average effective duration of the Bloomberg Barclays Municipal Bond Index. Its investment adviser is RiverNorth Capital Management, LLC.

Industry

Misc. Financial Services

Contact Info

325 N La Salle Dr Ste 645

CHICAGO, IL

60654-7030

United States

+1.312.4452251

https://www.rivernorth.com/rmm

Key Stats

Price To Earnings (TTM)
5.95
Price To Sales (TTM)
21.32
Price To Book (MRQ)
1.01
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
52.80
LT Debt To Equity (MRQ)
50.34
Return on Investment (TTM)
11.47
Return on Equity (TTM)
11.22

Latest News

Latest News

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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