We have set up our new Discord server! Share your feedback and find like-minded people! Join our Discord

Ticker
RMM

Price
13.28
Stock movement up
+0.20 (1.53%)
Company name
RiverNorth Managed Duration Municipal Income Fund Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Financial Services >
Asset Management
Market cap
262.14M
Ent value
467.18M
Price/Sales
-
Price/Book
0.81
Div yield
8.18%
Div growth
-
Growth years
-
FCF payout
-
Trailing P/E
-
Forward P/E
-
PEG
-
EPS growth
-
1 year return
-11.17%
3 year return
-7.90%
5 year return
-5.42%
10 year return
-
Last updated: 2025-04-15

DIVIDENDS

Dividend yield - 5y

Loading...
Dividend yield data
Dividend per share1.09
Dividend yield8.18%
Payout frequencyMonthly
Maximum yield8.80%
Average yield6.76%
Minimum yield5.10%
Discount to avg yield17.38%
Upside potential21.03%
Yield as % of max yield92.91%

Yield distribution (inverse percentile) - 5y

Loading...
Yield distribution data
Dividend yield8.18%
Current yield distribution2.14%
Yield at 100% (Min)5.10%
Yield at 90%5.57%
Yield at 80%6.02%
Yield at 50% (Median)6.96%
Yield at 20%7.38%
Yield at 10%7.57%
Yield at 0% (Max)8.80%

Dividend per share

Loading...
Dividend per share data
Years of growth-
CCC status-
Dividend per share1.09
Payout frequencyMonthly
Ex-div date14 Mar 2025
EPS (TTM)-
EPS (1y forward)-
EPS growth (5y)-
EPS growth (5y forward)-

Dividend growth

Loading...
Please create a free account or log in to access this chart
Dividend growth data
RMMS&P500
DGR MR-1.20%-13.74%
DGR TTM0.29%6.60%
DGR 3 years-0.22%5.24%
DGR 5 years-5.40%
DGR 10 years-7.07%
DGR 15 years-6.12%
Time since last change announced103 days
EPS growth (5y)-
EPS growth (5y forward)-

Payout ratio

Loading...
Please create a free account or log in to access this chart
Payout ratio data
EPS coverageFCF coverage
TTM--
Average298.17%-21.58%
Forward--

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

Loading...
Valuation Ratios data
Trailing P/E-
Price to OCF-
Price to FCF-
Price to EBITDA-
EV to EBITDA-

Valuation (Sales/Book Value)

Loading...
Valuation (Sales/Book Value) data
Price to Sales-
Price to Book0.81
EV to Sales-

iO Charts is a Seeking Alpha partner

FINANCIALS

Per share

Loading...
Per share data
Current share count19.74M
EPS (TTM)-
FCF per share (TTM)-

Income statement

Loading...
Income statement data
Revenue (TTM)0.00
Gross profit (TTM)0.00
Operating income (TTM)0.00
Net income (TTM)0.00
EPS (TTM)-
EPS (1y forward)-

Margins

Loading...
Margins data
Gross margin (TTM)-
Operating margin (TTM)-
Profit margin (TTM)-

Balance Sheet

Loading...
Please create a free account or log in to access this chart
Balance Sheet data
Cash10.29K
Net receivables5.46M
Total current assets5.47M
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets529.97M
Accounts payable2.34M
Short/Current long term debt202.10M
Total current liabilities2.34M
Total liabilities205.05M
Shareholder's equity324.93M
Net tangible assets0.00

Cash flow

Loading...
Please create a free account or log in to access this chart
Cash flow data
Operating cash flow (TTM)0.00
Capital expenditures (TTM)0.00
Free cash flow (TTM)0.00
Dividends paid (TTM)0.00

Financial returns

Loading...
Please create a free account or log in to access this chart
Financial returns data
Return on Equity-
Return on Assets-
Return on Invested Capital-
Cash Return on Invested Capital-

iO Charts is a Seeking Alpha partner

STOCK INFORMATION

Stock chart

Loading...
Stock price data
Open13.15
Daily high13.32
Daily low13.14
Daily Volume85K
All-time high21.57
1y analyst estimate-
Beta-
EPS (TTM)-
Dividend per share1.09
Ex-div date14 Mar 2025
Next earnings date-

Downside potential

Loading...
Downside potential data
RMMS&P500
Current price drop from All-time high-38.43%-12.04%
Highest price drop-42.42%-56.47%
Date of highest drop25 Oct 20239 Mar 2009
Avg drop from high-20.82%-11.07%
Avg time to new high72 days12 days
Max time to new high907 days1805 days

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

COMPANY DETAILS
RMM (RiverNorth Managed Duration Municipal Income Fund Inc) company logo
Marketcap
262.14M
Marketcap category
Small-cap
Description
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.
Employees
0
Investor relations
-
SEC filings
CEO
Country
USA
City
Stock type
-
CCC status
-
Dividend Frequency
Monthly
EVENTS AND PRESENTATIONS
EventsPresentations
Loading...

iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
Loading...