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NYSEARCA:RMM

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

$14.59 -0.01 (-0.07%)
(As of 12/20/2024 05:40 PM ET)

About Rivernorth Managed Duration Municipal Income Fund (NYSEARCA:RMM)

Key Stats

Today's Range
$14.43
$14.69
50-Day Range
$14.59
$16.03
52-Week Range
$13.97
$16.37
Volume
153,329 shs
Average Volume
53,660 shs
Market Capitalization
N/A
Assets Under Management
$402.02 million
Dividend Yield
N/A
Net Expense Ratio
0.00%
Aggregate Rating
N/A

ETF Overview

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.

Rivernorth Managed Duration Municipal Income Fund Expenses

TypeRMMNYSEARCA ETFsAll ETFs
Management Fee0.00%0.51%0.52%
Other Expenses0.00%0.57%0.53%
Total Expense0.00%0.73%0.71%
Fee Waiver0.00%-0.67%-0.56%
Net Expense0.00%0.58%0.59%
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RMM ETF News Headlines

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See More Headlines

RMM ETF - Frequently Asked Questions

Rivernorth Managed Duration Municipal Income Fund's stock was trading at $14.18 on January 1st, 2024. Since then, RMM stock has increased by 2.9% and is now trading at $14.59.
View the best growth stocks for 2024 here
.

Top institutional investors of Rivernorth Managed Duration Municipal Income Fund include Stratos Wealth Partners LTD., Stifel Financial Corp, Advisors Asset Management Inc. and World Investment Advisors LLC.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Rivernorth Managed Duration Municipal Income Fund investors own include DoubleLine Income Solutions Fund (DSL), Ares Capital (ARCC), Main Street Capital (MAIN), STAG Industrial (STAG), Arbor Realty Trust (ABR), BCE (BCE) and Medical Properties Trust (MPW).

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
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This page (NYSEARCA:RMM) was last updated on 12/22/2024 by MarketBeat.com Staff
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