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RMM

Rivernorth Managed Duration Municipal Income Fund Inc. (NYSE)

Financial Services — Asset Management

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.

None
$14.81
+$0.03 (+0.18%)
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Price History

52-Week Range

Fundamentals

Market Cap$292.34M
P/E Ratio (TTM)77.95
Forward P/E-
EPS (TTM)$0.19
Dividend Yield7.10%
Profit Margin-
Revenue Growth-
ROE-
Debt/Equity-
Recommendation None
Analyst Target-
Analysts-
Indexes NYSE

Technical Indicators

RSI (14)65.2
Beta-
SMA 20-
SMA 40-
52-Week High$14.88
52-Week Low$13.35
50-Day Avg$14.43
200-Day Avg$14.14
Avg Volume44.4K
Volume64.5K

Performance Analysis

NEUTRAL

RMM presents a mixed picture with both positive and negative indicators.

- Trading near its 52-week high ($14.88), which may indicate limited upside.
+ RSI at 65.2 shows positive momentum.
+ Price is above both the 50-day and 200-day moving averages — strong uptrend.
- P/E of 77.9 is elevated — the market expects high growth or it may be overvalued.
~ Wall Street consensus is "none".

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Last updated: Jul 02, 2026 13:29 UTC

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