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RiverNorth Managed Duration Municipal Income Fund Inc. Company Profile

NYSE: RMMFinanceTrusts Except Educational Religious and CharitableUSD

12.74+0.15 (+1.19%)

Market open · Delayed 15 min · as of Oct 9, 12:44 PM ET

RiverNorth Managed Duration Municipal Income Fund at a glance

RiverNorth Managed Duration Municipal Income Fund Inc. (NYSE: RMM) is a Trusts Except Educational Religious and Charitable company in the Finance sector headquartered in Chicago, IL. The company's shares have traded publicly since 2019. At a market capitalization of $247.7 million, it is considered a small-cap company.

Its SEC Central Index Key (CIK) is 0001771226, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does RiverNorth Managed Duration Municipal Income Fund do?

Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal debt securities. It seeks to invest in securities of any maturity. The fund employs a combination of fundamental and quantitative analysis. It benchmarks the performance of its portfolio against the Bloomberg Barclays Municipal Bond Index. The fund employs proprietary research to create its portfolio. Rivernorth Managed Duration Municipal Income Fund Inc. was formed on July 26, 2019 and is domiciled in the United States.

Business description based on the company's public filings.

Company information

Legal name
RiverNorth Managed Duration Municipal Income Fund Inc.
Ticker
NYSE: RMM
Sector
Finance
Industry
Trusts Except Educational Religious and Charitable
Headquarters
433 West Van Buren Street, Chicago, IL, United States
Phone
312-832-1440
IPO year
2019
Market cap
$247.73M
SEC CIK
0001771226

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