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 focused on delivering high current income through a well-diversified portfolio of municipal securities. Employing a managed duration strategy, RMM effectively navigates interest rate variations to seize favorable opportunities within the municipal bond market. This fund is particularly attractive to institutional investors seeking tax-exempt income, enhancing their fixed-income portfolios with a strong emphasis on tax efficiency. With a commitment to active management and rigorous market research, RMM aims to identify undervalued assets while effectively managing risk in municipal investment, making it a compelling choice for investors looking to optimize income generation.
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) | 237.14 |
| EV/Revenue | 410.59 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 0.00% |
| Shares Outstanding | $19.74M |
| Float | 0 |
| % Insiders | 0.03% |
| % Institutions | 17.05% |
Historical Volatility
Volatility is currently contracting