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RiverNorth Managed Duration Municipal Income Fund Inc

RiverNorth Managed Duration Municipal Income Fund Inc (RMM)

15.18
0.01
(0.07%)
Closed July 22 4:00PM
15.2027
0.0227
(0.15%)
After Hours: 7:59PM

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Key stats and details

Current Price
15.18
Bid
-
Ask
-
Volume
11,527
15.17 Day's Range 15.2438
12.3209 52 Week Range 15.85
Market Cap
Previous Close
15.17
Open
15.206
Last Trade
389
@
15.18
Last Trade Time
Financial Volume
$ 175,369
VWAP
15.2138
Average Volume (3m)
51,938
Shares Outstanding
19,739,628
Dividend Yield
7.23%
PE Ratio
15.77
Earnings Per Share (EPS)
0.96
Revenue
22.66M
Net Profit
19.03M

About RiverNorth Managed Duration Municipal Income Fund Inc

The investment objective of the Trust is for the Shares to reflect the price in USD of the Euro. The Shares are intended to provide institutional and retail investors with a simple, cost-effective means of gaining investment benefits similar to those of holding euro. Fund will seek to achieve its in... The investment objective of the Trust is for the Shares to reflect the price in USD of the Euro. The Shares are intended to provide institutional and retail investors with a simple, cost-effective means of gaining investment benefits similar to those of holding euro. Fund will seek 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 U.S. federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax.. Show more

Sector
Unit Inv Tr, Closed-end Mgmt
Industry
Unit Inv Tr, Closed-end Mgmt
Headquarters
Chicago, Illinois, USA
Founded
1970
RiverNorth Managed Duration Municipal Income Fund Inc is listed in the Unit Inv Tr, Closed-end Mgmt sector of the New York Stock Exchange with ticker RMM. The last closing price for RiverNorth Managed Durat... was $15.17. Over the last year, RiverNorth Managed Durat... shares have traded in a share price range of $ 12.3209 to $ 15.85.

RiverNorth Managed Durat... currently has 19,739,628 shares outstanding. The market capitalization of RiverNorth Managed Durat... is $299.45 million. RiverNorth Managed Durat... has a price to earnings ratio (PE ratio) of 15.77.

RMM Latest News

RiverNorth Closed-End Funds Declare Monthly Distributions

In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for July, August and September 2024, as detailed below. Ex Date...

RiverNorth Closed-End Funds Declare Monthly Distributions

In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for April, May and June 2024, as detailed below. Ex Date Record...

RiverNorth Closed-End Funds Declare Monthly Distributions

In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the distribution rates have been reset for the calendar year 2024, as detailed below. Further, the...

RiverNorth Closed-End Funds Declare Monthly Distributions

  The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for October, November and December 2023 in accordance with each Fund’s level distribution policy. Details...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.24-1.5564202334615.4215.515.15014019215.27272091CS
40.020.13192612137215.1615.57615.064430215.26686646CS
120.573.9014373716614.6115.57614.55193814.93452748CS
261.027.2033898305114.1615.57613.975353914.95489136CS
520.060.39682539682515.1215.8512.32096038514.56772362CS
156-5.28-25.806451612920.4621.9712.32095636115.91963881CS
260-4.8-24.02402402419.9821.9712.266048617.05722214CS

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Discussion

View Full Feed
gorbec1 gorbec1 4 minutes ago
You mean the sales I saw and people didn’t believe
MCIC
Acme Investments Acme Investments 4 minutes ago
Big month coming Up!!
KAST
Scarbender307 Scarbender307 8 minutes ago
Awesome farrell90. Good catch. TSX $2.39 target $3.65 ($1.26 difference)
American $1.79 + $1.26 +- could mean a target of $3.05 U.S.

Can't happen fast enough. With additional free cash flow added, this could be conservative.

Thanks farrell90.
AOIFF
VeronicaFox VeronicaFox 9 minutes ago
LOL, that’s what a pathological liar like you would say. No one believes you…

you do know that, No?

https://investorshub.advfn.com/uimage/uploads/2023/4/15/l[kdhCA392294-0875-47C3-B3AA-FE980B517A19.png
ATMH
DaJester DaJester 10 minutes ago
The SCOTUS did no such thing. They just said FHFA did not exceed it's power. The Lamberth trial said that the NWS was a breach of the shareholder agreement. Does that mean that the Lamberth verdict is in conflict with the SCOTUS decision? Of course not, because it is not as "blessed" as you think.
FNMA
Dj2490 Dj2490 14 minutes ago
Probably sometime in late August for next earnings.
GDVM
wallstreet1231 wallstreet1231 16 minutes ago
Is this dog, I mean diamond, ever going to payoff. Or am I just wasting my time thinking my shares might be worth something?
CNNA
tnc26 tnc26 16 minutes ago
When is the 2nd qtr financial report out? Sometimes this month??
DFCO
ThoroughBread ThoroughBread 21 minutes ago
I believe that the main security at mr. Trumps Rallies are the responsibility of the party who that candidate represents.
Homeland Security to a certain level, FBI, to a certain level, The State and city that agreed to allow the rally on their home turf is also partly
Responsible. M
RNVA
ThoroughBread ThoroughBread 21 minutes ago
I believe that the main security at mr. Trumps Rallies are the responsibility of the party who that candidate represents.
Homeland Security to a certain level, FBI, to a certain level, The State and city that agreed to allow the rally on their home turf is also partly
Responsible. M
RNVA
karlacorn3 karlacorn3 24 minutes ago
The money situation resolves tomorrow!
Friday we will see $2.592 million credit in USA 🎊🤞🙏❤️✌️👆 and this implies we are set for the targeted Aug 16 date to payout Cash Grant! ... where Friday equals July 19, 2024 to Monday July 22, 2024. 👍️
ITUP
DaJester DaJester 24 minutes ago
Rodney, I'd have to go back and read the ruling. But I believe you are correct, in that the SCOTUS is basically just saying the NWS was not ultra vires, therefore was within the power of the FHFA. That argument was dismissed. What I'm saying is that just because something was within their power to d
FNMA
BDEZ BDEZ 27 minutes ago
LOL...This lady!

https://x.com/mommyrn88/status/1815209245802930534
europa7 europa7 27 minutes ago
Solana and XRP jump over 20% in week, lifted by Trump’s electoral chances
https://fortune.com/crypto/2024/07/19/solana-and-xrp-jump-over-20-in-week-lifted-by-trumps-electoral-chances/
XRPUSD
skitahoe skitahoe 31 minutes ago
The first time it happened to me I took much of my holdings out of Fidelity and put it elsewhere where I still had margin available. The last time it happened I had very little margin, but rather than making the call, I sold some out of the money calls to eliminate the tiny amount that I'd taken.
NWBO
BDEZ BDEZ 31 minutes ago
Didn't see this till today

https://x.com/MTGrepp/status/1814353020794355827
DaJester DaJester 31 minutes ago
Correct, in general - Breaching a contract itself is not a crime, meaning people don't go to jail unless the breach is due to fraud or an illegal activity. However, as the Lamberth trial has indicated, there can be civil liability as a result of a breached contract, hence the resulting monetary dama
FNMA
MasterBlastr MasterBlastr 38 minutes ago
DK just made the Barracuda results official. No change.
BDEZ BDEZ 38 minutes ago
Children’s cartoonist for cartoon network & Nickelodeon arrested on child s*x crimes

https://x.com/libsoftiktok/status/1815034674659447177

https://x.com/MrAndyNgo/status/1814766106952815038
Jason2931 Jason2931 45 minutes ago
Aren’t earnings soon? Been gone for a bit but still holding a half a wheelbarrow of shares
GDVM
BDEZ BDEZ 45 minutes ago
Tons of Kamala advisors outright saying this will memory hole J13

https://x.com/JackPosobiec/status/1815222519504200040
BDEZ BDEZ 46 minutes ago
Something smells

https://x.com/toddstarnes/status/1815221745395098015

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