RiverNorth Managed Duration Muni Inc Fd (RMM)
13.70
+0.09
(+0.66%)
USD |
NYSE |
May 29, 11:41
Price Chart
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Key Stats
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| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 5.08% | -8.53% | 294.12M | 52167.97 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 70.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from regular U.S. federal income taxes and total return. The Fund will invest at least 80% of assets in municipal bonds. It will seek to allocate its assets among 2 principal investment strategies namely Tactical Municipal Closed-End Fund Strategy and Municipal Bond Income Strategy. |
| General | |
| Security Type | Closed-End Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Muni Debt Funds (Leveraged) |
| Global Macro | Bond HC |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Gen & Ins Muni Debt Funds (Leveraged) |
| Fund Owner Firm Name | RiverNorth |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 29, 2025.
Asset Allocation
As of December 31, 2024.
| Type | % Net |
|---|---|
| Cash | -3.11% |
| Stock | 0.00% |
| Bond | 111.9% |
| Convertible | 0.00% |
| Preferred | -8.75% |
| Other | -0.01% |
Basic Info
| Investment Strategy | |
| The Fund seeks current income exempt from regular U.S. federal income taxes and total return. The Fund will invest at least 80% of assets in municipal bonds. It will seek to allocate its assets among 2 principal investment strategies namely Tactical Municipal Closed-End Fund Strategy and Municipal Bond Income Strategy. |
| General | |
| Security Type | Closed-End Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Muni Debt Funds (Leveraged) |
| Global Macro | Bond HC |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Gen & Ins Muni Debt Funds (Leveraged) |
| Fund Owner Firm Name | RiverNorth |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |