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Rivernorth Managed Duration Municipal Income Fund Inc. RMM NYSE

NYSE • Financial Services • Asset Management - Income • US • USD

SharesGrow Score
44/100
0/4 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow

Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Income industry. The company is headquartered in Chicago, IL, United States. The current CEO is Stephen Andrew O'Neill.

RMM has IPO date of 2019-07-26, listed on the NYSE, a market capitalization of $285.83M.

About Rivernorth Managed Duration Municipal Income Fund Inc.

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.

📍 325 North LaSalle Street, Chicago, IL 60654 📞 312-832-1440
Company Details
SectorFinancial Services
IndustryAsset Management - Income
CountryUnited States
ExchangeNYSE
CurrencyUSD
IPO Date2019-07-26
CEOStephen Andrew O'Neill
Trading Info
Current Price$14.48
Market Cap$285.83M
52-Week Range12.55-14.88
Beta0.80
ETFNo
ADRNo
CUSIP76882H105
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