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RMMZ
Upturn stock ratingUpturn stock rating

RiverNorth Managed Duration Municipal Income Fund II Inc. (RMMZ)

Upturn stock ratingUpturn stock rating
$14.06
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: RMMZ (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $

1 Year Target Price $

Analysts Price Target For last 52 week
$Target price
Low$
Current$14.06
high$

Analysis of Past Performance

Type Stock
Historic Profit -2.53%
Avg. Invested days 41
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
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 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 118.29M USD
Price to earnings Ratio 17.71
1Y Target Price -
Price to earnings Ratio 17.71
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 13.52 - 15.93
Updated Date 06/29/2025
52 Weeks Range 13.52 - 15.93
Updated Date 06/29/2025
Dividends yield (FY) 8.16%
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) -

Valuation

Trailing PE 17.71
Forward PE -
Enterprise Value -
Price to Sales(TTM) 17.59
Enterprise Value -
Price to Sales(TTM) 17.59
Enterprise Value to Revenue 31.16
Enterprise Value to EBITDA -
Shares Outstanding 8455000
Shares Floating -
Shares Outstanding 8455000
Shares Floating -
Percent Insiders 8.8
Percent Institutions 13.23

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

RiverNorth Managed Duration Municipal Income Fund II Inc.

stock logo

Company Overview

overview logo History and Background

RiverNorth Managed Duration Municipal Income Fund II Inc. (RMZ) is a closed-end management investment company focused on providing current income, with a secondary objective of capital appreciation. It launched after the first fund RiverNorth Managed Duration Municipal Income Fund (RMM), and the exact founding year for RMZ should be confirmed via official resources.

business area logo Core Business Areas

  • Municipal Bond Investments: Primarily invests in a portfolio of municipal bonds and other municipal securities, seeking to provide income exempt from federal income taxes.
  • Managed Duration Strategy: Employs a managed duration strategy to mitigate interest rate risk, adjusting portfolio duration based on interest rate expectations.

leadership logo Leadership and Structure

RiverNorth Capital Management, LLC serves as the investment advisor. The organizational structure involves a board of directors overseeing the fund's operations, with RiverNorth managing the investment portfolio.

Top Products and Market Share

overview logo Key Offerings

  • Municipal Income Fund: RMZ offers investors access to a diversified portfolio of municipal bonds, providing tax-advantaged income. Market share data specific to RMZ's portion of the closed-end municipal bond fund market is hard to determine without proprietary data. Competitors include Nuveen, BlackRock, Eaton Vance closed-end municipal bond funds.

Market Dynamics

industry overview logo Industry Overview

The closed-end municipal bond fund market is influenced by interest rates, municipal bond supply, and investor demand for tax-advantaged income.

Positioning

RMZ positions itself as a managed duration municipal bond fund, aiming to offer a balance between income and interest rate risk management.

Total Addressable Market (TAM)

The total addressable market is the entire municipal bond market, worth trillions of dollars, from which it can select securities for its portfolio. RMZ's TAM is large, but its ability to capture it is limited by its investment strategy.

Upturn SWOT Analysis

Strengths

  • Experienced Investment Advisor
  • Managed Duration Strategy
  • Tax-Advantaged Income
  • Diversified Portfolio

Weaknesses

  • Closed-End Fund Structure (Trading at a discount or premium)
  • Interest Rate Risk
  • Credit Risk (Municipal Bonds)
  • Dependence on Investment Advisor's Performance

Opportunities

  • Rising Interest Rate Environment (Potentially beneficial for managed duration)
  • Increased Demand for Tax-Advantaged Income
  • Expanding Municipal Bond Market
  • Strategic Acquisitions of other fund companies

Threats

  • Economic Downturn (Increased credit risk)
  • Changes in Tax Laws (Reducing the appeal of municipal bonds)
  • Increased Competition from other municipal bond funds
  • Rising Interest Rates (if not managed correctly)

Competitors and Market Share

competitor logo Key Competitors

  • Nuveen AMT-Free Quality Municipal Income Fund (NEA)
  • BlackRock Municipal Income Trust II (BLE)
  • Eaton Vance Municipal Income Trust (EVN)

Competitive Landscape

RMZ competes with other closed-end municipal bond funds based on investment strategy, expense ratio, and performance.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is measured by the fund's total return and changes in NAV over time.

Future Projections: Future projections depend on interest rate forecasts, municipal bond market outlook, and the investment advisor's ability to generate returns.

Recent Initiatives: Recent initiatives may include adjustments to the portfolio's duration or sector allocations based on market conditions.

Summary

RiverNorth Managed Duration Municipal Income Fund II (RMZ) offers investors access to tax-exempt income via municipal bonds. The fund's managed duration strategy aims to mitigate interest rate risk, providing some downside protection. The fund is reliant on its investment advisor's decisions. Its performance is also directly linked to municipal bond market fluctuations and investor sentiment. However the fund is small relative to others.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • RiverNorth Capital Management Website
  • Morningstar
  • Yahoo Finance

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a financial advisor. Market share numbers are estimates.

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 II Inc.

Exchange NYSE
Headquaters West Palm Beach, FL, United States
IPO Launch date 2022-02-11
CEO -
Sector Financial Services
Industry Asset Management
Full time employees -
Website
Full time employees -
Website