# RiverNorth Managed (RMMZ) — Overview

RMMZ · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/rmmz

## Price

Last close $13.40 on Oct 15, 2026. 52-week range $12.93 – $15.15.

## Company profile

RiverNorth Managed Duration Municipal Income Fund II Inc is a diversified, closed-end management investment company. The Fund's primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $9.0M |
| Revenue (quarter) | $9.0M |
| Revenue growth (year over year) | -14.16% |
| Gross profit (trailing twelve months) | $0.00 |
| Gross margin | 0.00% |
| Net income (trailing twelve months) | $14.3M |
| Net income (quarter) | $14.3M |
| Net income growth (year over year) | 336.50% |
| Net margin | 158.77% |
| Return on equity | 10.66% |
| EPS (trailing twelve months) | $1.69 |
| Book value per share | $16.11 |
| P/E (trailing twelve months) | 7.9 |
| Price to book | 0.8 |
| Debt to assets | 39.57% |
| Payout ratio | 65.54% |
| Dividend yield | 8.78% |

## Frequently Asked Questions

### Is RiverNorth Managed (RMMZ) profitable?

Yes. RiverNorth Managed earned $14.3M in net income over the trailing twelve months, a net margin of 158.77%.

### How much revenue does RiverNorth Managed (RMMZ) make?

RiverNorth Managed generated $9.0M in revenue over the trailing twelve months, down 14.16% year over year.

### What is RMMZ's P/E ratio?

RiverNorth Managed trades at 7.9 times trailing twelve-month earnings, on an EPS of $1.69.

### How do I buy stock in RiverNorth Managed (RMMZ)?

RMMZ trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).