RiverNorth Managed Duration Municipal Income (RMM) stock price, chart and financials

Price chart

Revenue (trailing twelve months)

$19.5M

Revenue (quarter)

$19.5M

Revenue growth (year over year)

−16.17%

Gross profit (trailing twelve months)

—

Gross margin

—

Net income (trailing twelve months)

$33.5M

Net income (quarter)

$33.5M

Net income growth (year over year)

+360.62%

Net margin

172.14%

Return on equity

11.29%

EPS (trailing twelve months)

$1.70

Book value per share

$15.36

P/E (trailing twelve months)

7.58

Price to book

0.84

Debt to assets

39.84%

Payout ratio

61.92%

Dividend yield

8.03%

Company profile

RiverNorth Managed Duration Muni Inc Fd is a United States based diversified, closed-end management investment company. Its primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.

• Is RiverNorth Managed Duration Municipal Income (RMM) profitable?

  Yes. RiverNorth Managed Duration Municipal Income earned $33.5M in net income over the trailing twelve months, a net margin of 172.14%.

• How much revenue does RiverNorth Managed Duration Municipal Income (RMM) make?

  RiverNorth Managed Duration Municipal Income generated $19.5M in revenue over the trailing twelve months, down 16.17% year over year.

• What is RMM's P/E ratio?

  RiverNorth Managed Duration Municipal Income trades at 7.6 times trailing twelve-month earnings, on an EPS of $1.70.

• How do I buy stock in RiverNorth Managed Duration Municipal Income (RMM)?

  RMM trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at Light Horse Dashboard, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.