RVRNRTH MGD DUR MUNI INC (RMM) Stock Overview

What does RVRNRTH MGD DUR MUNI INC do?

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.

What is the stock price of RVRNRTH MGD DUR MUNI INC today?

The current stock price of RMM is 14.03 USD. The price increased by 0.21% in the last trading session.

How is the ChartMill rating for RVRNRTH MGD DUR MUNI INC?

RMM has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 2 out of 10.

Would investing in RVRNRTH MGD DUR MUNI INC be a good decision?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on RMM.