S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSEARCA:RMM

Rivernorth Managed Duration Municipal Income Fund (RMM) Price, Holdings, & News

$14.97
+0.01 (+0.07%)
(As of 04:38 PM ET)
Today's Range
$14.89
$15.01
50-Day Range
$14.10
$15.40
52-Week Range
$12.32
$16.10
Volume
81,993 shs
Average Volume
58,839 shs
Market Capitalization
N/A
Assets Under Management
$402.02 million
Dividend Yield
N/A
Net Expense Ratio
0.00%

About Rivernorth Managed Duration Municipal Income Fund

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.

RMM Stock Price History

RMM ETF News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Federated Hermes Premier Municipal Income Fund (FMN)
Muni Profits Flow to RiverNorth
Crypto Market Preps For Trillions Worth of Inflows!
Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.
RMM: Municipal Bond Fund With A Hybrid Approach
See More Headlines
Receive RMM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Rivernorth Managed Duration Municipal Income Fund and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
Fund Name
RiverNorth Managed Duration Municipal Income Fund, Inc.
Tax Classification
Current Symbol
NYSEARCA:RMM
Inception Date
1/1/2100
Fund Manager
N/A

Fund Focus

Asset Class
Benchmark
N/A
Category
Focus
Development Level
Region
Number of Holdings
0

Fund Statistics

Assets Under Management
$402.02 million
Average Daily Volume
$0.00
Discount/Premium
0.00%

Administrator, Advisor and Custodian

Administrator
N/A
Advisor
N/A
Custodian
N/A
Distributor
N/A
Transfer Agent
N/A
Trustee
N/A
Lead Market Maker
N/A

Miscellaneous

Beta
N/A
The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Rivernorth Managed Duration Municipal Income Fund Expenses

TypeRMMNYSEARCA ETFsAll ETFs
Management Fee0.00%0.50%0.51%
Other Expenses0.00%0.64%0.58%
Total Expense0.00%0.74%0.70%
Fee Waiver0.00%-0.69%-0.56%
Net Expense0.00%0.57%0.58%

Rivernorth Managed Duration Municipal Income Fund (RMM)

Key Executives

  • Mr. Stephen Andrew O'Neill C.F.A. (Age 45)
    CFA, Portfolio Mang.
  • Mr. Michael Petty
    Portfolio Mang.
  • Mr. Robert Alan DiMella C.F.A. (Age 57)
    Portfolio Mang.
  • Mr. Robert Patrick Burke C.F.A.
    Portfolio Mang.
  • Mr. John Michael Loffredo C.F.A. (Age 59)
    Portfolio Mang.
  • Mr. Patrick William Galley C.F.A. (Age 49)
    Portfolio Mang.
  • Mr. David M. Dowden (Age 58)
    Portfolio Mang.
  • Mr. Scott Sprauer
    Portfolio Mang.

RMM ETF - Frequently Asked Questions

How have RMM shares performed in 2024?

Rivernorth Managed Duration Municipal Income Fund's stock was trading at $14.18 at the start of the year. Since then, RMM stock has increased by 5.6% and is now trading at $14.97.
View the best growth stocks for 2024 here
.

How often does Rivernorth Managed Duration Municipal Income Fund pay dividends? What is the dividend yield for Rivernorth Managed Duration Municipal Income Fund?

Rivernorth Managed Duration Municipal Income Fund declared a monthly dividend on Monday, July 3rd. Investors of record on Friday, September 15th will be paid a dividend of $0.0911 per share on Friday, September 29th. This represents a $1.09 annualized dividend and a dividend yield of 7.30%. The ex-dividend date of this dividend is Thursday, September 14th.
Read our dividend analysis for RMM
.

What other stocks do shareholders of Rivernorth Managed Duration Municipal Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rivernorth Managed Duration Municipal Income Fund investors own include American Airlines Group (AAL).

How do I buy shares of Rivernorth Managed Duration Municipal Income Fund?

Shares of RMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:RMM) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners