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Upturn AI SWOT - About
RiverNorth Managed Duration Municipal Income Fund Inc (RMM)
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Upturn Advisory Summary
06/30/2025: RMM (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $
1 Year Target Price $
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -8.7% | Avg. Invested days 49 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 263.72M USD | Price to earnings Ratio 16.91 | 1Y Target Price - |
Price to earnings Ratio 16.91 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 12.30 - 15.59 | Updated Date 06/30/2025 |
52 Weeks Range 12.30 - 15.59 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 8.13% | Basic EPS (TTM) 0.79 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) -1666.11% |
Valuation
Trailing PE 16.91 | Forward PE - | Enterprise Value - | Price to Sales(TTM) 14.06 |
Enterprise Value - | Price to Sales(TTM) 14.06 | ||
Enterprise Value to Revenue 25.23 | Enterprise Value to EBITDA - | Shares Outstanding 19739600 | Shares Floating - |
Shares Outstanding 19739600 | Shares Floating - | ||
Percent Insiders 0.39 | Percent Institutions 18.63 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
RiverNorth Managed Duration Municipal Income Fund Inc
Company Overview
History and Background
RiverNorth Managed Duration Municipal Income Fund Inc. (RMM) was established to provide a high level of current income exempt from federal income tax, consistent with capital preservation. Specific founding year and detailed milestones unavailable.
Core Business Areas
- Municipal Bonds: Invests primarily in a diversified portfolio of municipal bonds. Aims for a managed duration approach to mitigate interest rate risk.
Leadership and Structure
Information regarding the specific leadership team and organizational structure of RiverNorth Managed Duration Municipal Income Fund Inc. is not readily available in a consolidated and structured format.
Top Products and Market Share
Key Offerings
- Municipal Bond Investments: Investment fund focused on providing tax-exempt income through a diversified portfolio of municipal bonds. Market share data not directly available. Competitors include other municipal bond funds like BlackRock MuniYield Fund (MYD) and Nuveen AMT-Free Quality Municipal Income Fund (NEA).
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings of issuers, and tax law changes. Demand is driven by investors seeking tax-exempt income.
Positioning
RMM aims for a managed duration approach, potentially differentiating it from funds with static duration strategies. Competitive advantages may include expertise in municipal bond selection and active management.
Total Addressable Market (TAM)
The total addressable market for municipal bond funds is in the trillions of dollars. RMM's position depends on its AUM, performance, and distribution network. Specific TAM estimation and RiverNorth's position requires dedicated market research data.
Upturn SWOT Analysis
Strengths
- Tax-exempt income generation
- Managed duration strategy
- Diversified portfolio
- Experienced investment management team
Weaknesses
- Sensitivity to interest rate changes
- Credit risk associated with municipal bonds
- Market volatility
- Expense ratio
Opportunities
- Rising demand for tax-advantaged investments
- Expansion of municipal bond market
- Improved credit quality of municipal issuers
- Increased investor education
Threats
- Rising interest rates
- Credit downgrades of municipal issuers
- Changes in tax laws
- Increased competition from other investment products
Competitors and Market Share
Key Competitors
- MYD
- NEA
- VTEB
Competitive Landscape
RMM competes with other municipal bond funds based on factors such as yield, expense ratio, credit quality, and management expertise. Its managed duration strategy is a potential differentiator.
Growth Trajectory and Initiatives
Historical Growth: Historical growth can be assessed by analyzing changes in AUM, NAV, and distribution rates over time.
Future Projections: Future projections are dependent on market conditions, interest rate expectations, and the fund's ability to attract and retain assets. Analyst estimates are not readily available.
Recent Initiatives: Information about specific recent strategic initiatives is not readily available without accessing company statements and press releases.
Summary
RiverNorth Managed Duration Municipal Income Fund Inc. (RMM) is a closed-end fund focused on tax-exempt income. Its performance is sensitive to interest rates and credit risk. The fund aims to differentiate itself through a managed duration strategy, though its success depends on the management team. The fund must manage competition and navigate economic changes while distributing monthly payments.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Fund Fact Sheets
- Financial News Outlets
- Investment Research Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share estimates are approximate and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About RiverNorth Managed Duration Municipal Income Fund Inc
Exchange NYSE | Headquaters Chicago, IL, United States | ||
IPO Launch date 2019-07-26 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
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.
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