RiverNorth Managed Duration Municipal Income Fund II Inc (RMMZ)
15.64
-0.47
(-2.92%)
USD |
NYSE |
Apr 24, 16:00
15.64
0.00 (0.00%)
After-Hours: 19:38
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 4.29% | -5.95% | 144.83M | 18028.07 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 1.84% | 91.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund’s primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund’s secondary investment objective is total return. The Fund seeks to achieve its investment objectives by investing, directly or indirectly, at least 80% of its Managed Assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni National Long |
| Category Index | Bloomberg Municipal TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | RiverNorth Capital Management, LLC |
| Prospectus Benchmark Index | |
| Bloomberg US Municipal Index | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| David Dowden | 2.14 yrs |
| John Loffredo | 2.14 yrs |
| Michael Denlinger | 2.14 yrs |
| Mike Petty | 2.14 yrs |
| Patrick Galley | 2.14 yrs |
| Robert Burke | 2.14 yrs |
| Robert DiMella | 2.14 yrs |
| Scott Sprauer | 2.14 yrs |
| Stephen O'Neill | 2.14 yrs |
Performance Versus Category
As of April 23, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 23, 2024.
Basic Info
| Investment Strategy | |
| The Fund’s primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund’s secondary investment objective is total return. The Fund seeks to achieve its investment objectives by investing, directly or indirectly, at least 80% of its Managed Assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | Muni National Long |
| Category Index | Bloomberg Municipal TR USD |
| Global Category Name | US Municipal Fixed Income |
| YCharts Categorization | US Municipal Bond |
| YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | RiverNorth Capital Management, LLC |
| Prospectus Benchmark Index | |
| Bloomberg US Municipal Index | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| David Dowden | 2.14 yrs |
| John Loffredo | 2.14 yrs |
| Michael Denlinger | 2.14 yrs |
| Mike Petty | 2.14 yrs |
| Patrick Galley | 2.14 yrs |
| Robert Burke | 2.14 yrs |
| Robert DiMella | 2.14 yrs |
| Scott Sprauer | 2.14 yrs |
| Stephen O'Neill | 2.14 yrs |