RVRNRTH MGD DUR MUNI INC II (RMMZ) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:RMMZ - US76882M1045
RMMZ Key Statistics, Chart & Performance
The current stock price of RMMZ is 14.39 USD. In the past month the price decreased by -0.75%. In the past year, price decreased by -1.69%.
RVRNRTH MGD DUR MUNI INC II / RMMZ FAQ
What does RVRNRTH MGD DUR MUNI INC II do?
RiverNorth Managed Duration Municipal Income Fund II, Inc is a US-based company operating in industry. The company is headquartered in West Palm Beach, Florida. The company went IPO on 2022-02-11. RiverNorth Managed Duration Municipal Income Fund II, Inc. (the Fund) is a closed-end management investment company. The Fund’s primary investment objective is current income exempt from regular United States (U.S) federal income taxes. The Fund’s secondary investment objective is total return. The Fund seeks to achieve its investment objectives by investing, directly or indirectly, at least 80% of its Managed Assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax (Municipal Bonds). The Fund may also invest in underlying funds that invest in securities. The Fund invests in various sectors, which include closed-end funds, municipal bonds, short-term investments. The Fund’s investment adviser is RiverNorth Capital Management, LLC.
What is the stock price of RVRNRTH MGD DUR MUNI INC II today?
The current stock price of RMMZ is 14.39 USD. The price decreased by -0.96% in the last trading session.
What is the ChartMill rating of RVRNRTH MGD DUR MUNI INC II stock?
RMMZ has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 1 out of 10.
Would investing in RVRNRTH MGD DUR MUNI INC II be a good decision?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on RMMZ.
RMMZ Technical Analysis
ChartMill assigns a technical rating of 1 / 10 to RMMZ. When comparing the yearly performance of all stocks, RMMZ is a bad performer in the overall market: 66.8% of all stocks are doing better.