RiverNorth Managed Duration Municipal Income Fund Inc is a US-based company operating in industry. The company is headquartered in West Palm Beach, Florida. The company went IPO on 2019-07-26. RiverNorth Managed Duration Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The Fund’s secondary investment objective is total return. The Fund’s investment strategy includes Tactical Municipal Closed-End Fund (CEF) Strategy and Municipal Bond Income Strategy. The Tactical Municipal CEF Strategy typically invests in municipal CEFs and exchange-traded funds (ETFs) and other investment companies. The Municipal Bond Income Strategy primarily invests in municipal debt securities of any credit quality, including securities that are rated below investment grade. The Fund’s investment adviser is RiverNorth Capital Management, LLC and the Fund’s sub-adviser is MacKay Shields, LLC.
Follow-Up Questions
What is RiverNorth Managed Duration Municipal Income Fund Inc (RMM)'s P/E Ratio?
The P/E ratio of RiverNorth Managed Duration Municipal Income Fund Inc is 10.991
What is the price performance of RMM stock?
The current price of RMM is $13.94, it has decreased 0% in the last trading day.
What are the primary business themes or industries for RiverNorth Managed Duration Municipal Income Fund Inc?
RiverNorth Managed Duration Municipal Income Fund Inc belongs to N/A industry and the sector is N/A
What is RiverNorth Managed Duration Municipal Income Fund Inc market cap?
RiverNorth Managed Duration Municipal Income Fund Inc's current market cap is $275.3M
