Rivernorth Managed Duration Municipal Income Fund Inc.
$13.74
+$0.02 (+0.15%)
Jan 5, 2026
Price History (1Y)
Analysis
Rivernorth Managed Duration Municipal Income Fund Inc. is a company within the Financial Services sector and Asset Management industry. Its market capitalization stands at $271.22M, but specific details about its employee count are not available. The fund's profitability metrics indicate minimal revenue generation, with gross margin, operating margin, and profit margin all registering 0.0%. Furthermore, return on equity and return on assets figures are not available. The balance sheet also lacks detailed information regarding debt and cash levels. The company's dividend yield is notably high at 792.0%, while the payout ratio stands at 139.0%. The fund's price metrics include a 52-week high of $15.23 and a 52-week low of $12.55, but beta and other valuation multiples are not available.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About Rivernorth Managed Duration Municipal Income Fund Inc.
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.
Visit website →Key Statistics
- Market Cap
- $271.22M
- P/E Ratio
- N/A
- 52-Week High
- $15.23
- 52-Week Low
- $12.55
- Avg Volume
- 100.75K
- Dividend Yield
- 792.00%
Company Info
- Industry
- Asset Management
- Exchange
- NYQ
- Country
- United States