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RMM
Upturn stock ratingUpturn stock rating

RiverNorth Managed Duration Municipal Income Fund Inc (RMM)

Upturn stock ratingUpturn stock rating
$13.92
Last Close (24-hour delay)
Profit since last BUY0.36%
upturn advisory
Consider higher Upturn Star rating
BUY since 46 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

09/17/2025: RMM (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -8.41%
Avg. Invested days 49
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/17/2025

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

ai summary icon Upturn AI SWOT

RiverNorth Managed Duration Municipal Income Fund Inc

stock logo

Company Overview

overview logo History and Background

RiverNorth Managed Duration Municipal Income Fund Inc. (NYSE: RMM) is a closed-end management investment company. It focuses on providing current income exempt from federal income tax by investing in a portfolio of municipal securities.

business area logo Core Business Areas

  • Municipal Bond Investments: Investment in a diversified portfolio of municipal securities, primarily those exempt from federal income tax. The fund seeks to provide a high level of current income consistent with prudent investment management.

leadership logo Leadership and Structure

The fund is managed by RiverNorth Capital Management, LLC. Specific leadership details would require further research.

Top Products and Market Share

overview logo Key Offerings

  • Municipal Income Fund: RMM is a closed-end fund offering income from municipal bonds. Market share data is difficult to ascertain precisely for this specific fund within the broader municipal bond market. Competitors include other municipal bond funds from firms like BlackRock, Nuveen, and Eaton Vance.

Market Dynamics

industry overview logo Industry Overview

The municipal bond market is influenced by factors such as interest rates, credit ratings, and tax policies. Demand is driven by investors seeking tax-exempt income.

Positioning

RMM aims to provide a managed duration approach within the municipal bond space. Its competitive advantage likely lies in its active management and selection of securities.

Total Addressable Market (TAM)

The total US municipal bond market is valued in the trillions of dollars. RMM's positioning relates to managing a portion of assets seeking income from this market.

Upturn SWOT Analysis

Strengths

  • Tax-exempt income
  • Managed duration strategy
  • Experienced investment management team

Weaknesses

  • Interest rate risk
  • Credit risk
  • Limited trading volume

Opportunities

  • Rising demand for tax-efficient investments
  • Market volatility creating attractive entry points
  • Expansion of investment mandate

Threats

  • Rising interest rates
  • Credit downgrades of municipal issuers
  • Changes in tax laws

Competitors and Market Share

competitor logo Key Competitors

  • Nuveen Municipal Value Fund Inc (NUV)
  • BlackRock MuniYield Quality Fund Inc (MQY)
  • Eaton Vance Municipal Income Trust (EVN)

Competitive Landscape

RMM competes with other closed-end municipal bond funds based on factors such as yield, expense ratio, and performance.

Growth Trajectory and Initiatives

Historical Growth: Growth is tied to asset appreciation within the municipal bond market and the fund's ability to attract new investors.

Future Projections: Future growth depends on market conditions, interest rates, and the fund's performance relative to its peers.

Recent Initiatives: Recent initiatives would likely involve adjustments to the portfolio based on market conditions and interest rate expectations.

Summary

RiverNorth Managed Duration Municipal Income Fund (RMM) offers tax-exempt income through municipal bond investments. Its strength lies in the active management of duration and security selection. However, it faces risks related to interest rate fluctuations and credit quality. The fund needs to monitor market conditions and maintain a diversified portfolio to deliver consistent returns.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Fund Fact Sheets
  • Financial News Outlets

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on your own due diligence and consultation with a financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.