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Rivernorth Managed Duration Municipal Income Fund

(NYSE) RMM

Current Price$14.54
Market Cap$288.20M
Since IPO (2019)+15%
5 Year+2%
1 Year+16%
1 Month+2%

Rivernorth Managed Duration Municipal Income Fund Financials at a Glance

Market Cap

$288.20M

Revenue (TTM)

N/A

Net Income (TTM)

N/A

EPS (TTM)

$0.05

P/E Ratio

306.08

Dividend

$1.06

Beta (Volatility)

0.25 (Low)

Price

$14.54

Volume

297

Open

$14.54

Previous Close

$14.54

Daily Range

$14.54 - $14.54

52-Week Range

$13.28 - $14.88

Estimated Earnings Date

Mar 7, 2025

RMM News

No articles available.

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About Rivernorth Managed Duration Municipal Income Fund

Industry

Capital Markets

Headquarters

Chicago, IL 60654, US

RMM Financials

Key Financial Metrics (TTM)

Gross Margin

2%

Operating Margin

3%

Net Income Margin

3%

Return on Equity

31%

Return on Capital

-3%

Return on Assets

-3%

Earnings Yield

0.33%

Dividend Yield

7.24%

Payout Ratio

-1.68%

Stock Overview

Market Cap

$288.20M

Shares Outstanding

19.74M

Volume

297

Avg. Volume

47.48K

Financials (TTM)

Gross Profit

-$12.61M

Operating Income

-$12.86M

EBITDA

-$12.86M

Operating Cash Flow

$36.89M

Capital Expenditure

$0.00

Free Cash Flow

$36.89M

Cash & ST Invst.

$136.29K

Total Debt

$186.70M

Rivernorth Managed Duration Municipal Income Fund Performance Analysis

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2019YOY CHG

Revenue

$10.73M

N/A

Gross Profit

$3.81M

N/A

Gross Margin

35.55%

N/A

Market Cap

$288.20M

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

-$103.90M

N/A

EBITDA

-$68.00M

N/A

Quarterly Fundamentals

Name
Q4 2019YOY CHG

Total Cash

$833.00

-100.0%

Total Debt

$204.51M

+1.6%

Accounts Receivable

$0.00

-100.0%

Inventory

$0.00

N/A

Long Term Debt

$204.51M

+1.6%

Short Term Debt

$0.00

N/A

Return on Assets

-2.68%

N/A

Return on Invested Capital

-2.69%

N/A

Free Cash Flow

$43.85M

N/A

Operating Cash Flow

$43.85M

N/A

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Questions About RMM

What is the current price of Rivernorth Managed Duration Municipal Income Fund?

Rivernorth Managed Duration Municipal Income Fund is trading at $14.54 per share.

What is the 52-week range for Rivernorth Managed Duration Municipal Income Fund?

Over the past 52 weeks, Rivernorth Managed Duration Municipal Income Fund has traded between $13.28 and $14.88.

How much debt does Rivernorth Managed Duration Municipal Income Fund have?

As of the most recent reporting period, Rivernorth Managed Duration Municipal Income Fund reported total debt of $186.70M.

How much cash does Rivernorth Managed Duration Municipal Income Fund have on hand?

Rivernorth Managed Duration Municipal Income Fund reported $136.29K in cash and cash equivalents in its most recent financial results.

What is Rivernorth Managed Duration Municipal Income Fund’s dividend yield?

Rivernorth Managed Duration Municipal Income Fund currently has a dividend yield of 7.24%.

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