RMM
RiverNorth Managed Duration Municipal Income Fund IncKey Statistics
About RiverNorth Managed Duration Municipal Income Fund Inc
RiverNorth Managed Duration Municipal Income Fund Inc (RMM) is a closed-end investment fund that specializes in generating high current income through a diversified array of municipal securities. By employing a strategic managed duration approach, RMM adeptly navigates interest rate fluctuations to capitalize on advantageous opportunities within the municipal bond market. This fund is especially appealing to institutional investors pursuing tax-exempt income, thus enhancing the tax efficiency of their fixed-income holdings. With a focus on active management and in-depth market analysis, RMM seeks to uncover undervalued assets while diligently managing investment risk, making it an attractive option for those aiming to optimize their income generation strategies.
Fundamentals
| Revenue (TTM) | 0 |
| Gross Profit (TTM) | 0 |
| EBITDA | — |
| Operating Margin | 0.00% |
| Return on Equity | -1666.00% |
| Return on Assets | 0.00% |
| Revenue/Share (TTM) | $0.00 |
| Book Value | — |
| Price-to-Book | 0.94 |
| Price-to-Sales (TTM) | 237.56 |
| EV/Revenue | 411.01 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 0.00% |
| Shares Outstanding | $19.74M |
| Float | 0 |
| % Insiders | 0.03% |
| % Institutions | 17.91% |
Historical Volatility
Volatility is currently contracting