Symbols / RMM Stock $14.17 -0.11% Rivernorth Managed Duration Municipal Income Fund Inc.

Financial Services • Asset Management • United States • NYQ
RMM (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Asset Management
CEO
Exch · Country NYQ · United States
Market Cap 279.61M
Enterprise Value
Income
Sales
FCF (ttm)
Book/sh
Cash/sh
Employees
Insider 10d
IPO Jul 26, 2019
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 5.69%
P/E 74.55
Forward P/E
PEG
P/S
P/B
P/C
EV/EBITDA
EV/Sales
Quick Ratio
Current Ratio
Debt/Eq
LT Debt/Eq
EPS (ttm) 0.19
EPS next Y
EPS Growth
Revenue Growth
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next)
Earnings (prior)
ROA
ROE
ROIC
Gross Margin 0.00%
Oper. Margin 0.00%
Profit Margin 0.00%
Shs Outstand 19.74M
Shs Float
Insider Own 0.03%
Instit Own 17.05%
Short Float
Short Ratio 0.29
Short Interest 18.99K
52W High 14.88
vs 52W High -4.81%
52W Low 13.28
vs 52W Low 6.65%
Beta
Impl. Vol.
Rel Volume 0.63
Avg Volume 50.83K
Volume 32.13K
Target (mean)
Tgt Median
Tgt Low
Tgt High
# Analysts
Recom None
Prev Close $14.18
Price $14.16
Change -0.11%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$14.17
Low
High
Mean
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-04-09 GALLEY PATRICK W. President 4,000 $13.14 $52,563
2025-04-08 GALLEY PATRICK W. President 6,000 $13.11 $78,900
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total Revenue
-12.61
-149.59%
25.43
+33.13%
19.11
+131.41%
-60.83
Operating Revenue
-12.61
-149.59%
25.43
+33.13%
19.11
+131.41%
-60.83
Operating Expense
0.24
+45.91%
0.17
+120.56%
0.08
+47.91%
0.05
Selling General And Administration
0.24
+45.91%
0.17
+120.56%
0.08
+47.91%
0.05
General And Administrative Expense
0.24
+45.91%
0.17
+120.56%
0.08
+47.91%
0.05
Net Income
-12.86
-150.89%
25.27
+32.78%
19.03
+131.25%
-60.89
Pretax Income
-12.86
-150.89%
25.27
+32.78%
19.03
+131.25%
-60.89
Net Interest Income
5.46
+50.92%
3.62
-54.43%
7.94
-27.01%
10.88
Interest Expense
7.47
-12.72%
8.56
+16.55%
7.34
+254.42%
2.07
Interest Income
12.93
+6.20%
12.18
-20.33%
15.29
+18.00%
12.96
Gain On Sale Of Security
-0.63
+64.62%
-1.79
+91.62%
-21.30
-251.11%
14.10
Tax Rate For Calcs
0.00
-100.00%
0.00
+0.00%
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-12.86
-150.89%
25.27
+32.78%
19.03
+131.25%
-60.89
Net Income From Continuing Operation Net Minority Interest
-12.86
-150.89%
25.27
+32.78%
19.03
+131.25%
-60.89
Net Income From Continuing And Discontinued Operation
-12.86
-150.89%
25.27
+32.78%
19.03
+131.25%
-60.89
Net Income Continuous Operations
-12.86
-150.89%
25.27
+32.78%
19.03
+131.25%
-60.89
Normalized Income
-12.86
-150.89%
25.27
+32.78%
19.03
+131.25%
-60.89
Net Income Common Stockholders
-12.86
-150.89%
25.27
+32.78%
19.03
+131.25%
-60.89
Diluted EPS
-0.65
-150.78%
1.28
+33.33%
0.96
+131.17%
-3.08
Basic EPS
-0.65
-150.78%
1.28
+33.33%
0.96
+131.17%
-3.08
Basic Average Shares
19.78
+0.21%
19.74
-0.42%
19.82
+0.28%
19.77
Diluted Average Shares
19.78
+0.21%
19.74
-0.42%
19.82
+0.28%
19.77
Diluted NI Availto Com Stockholders
-12.86
-150.89%
25.27
+32.78%
19.03
+131.25%
-60.89
Line Item Trend 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total Assets
480.49
-9.34%
529.97
-2.73%
544.84
-5.32%
575.47
Cash And Cash Equivalents
0.14
+1224.39%
0.01
Cash Financial
0.14
+1224.39%
0.01
Receivables
6.05
+10.85%
5.46
-10.92%
6.13
-62.31%
16.26
Investments And Advances
469.67
-9.61%
519.60
-2.62%
533.56
-3.61%
553.53
Total Liabilities Net Minority Interest
189.99
-7.34%
205.05
-8.27%
223.54
-11.09%
251.41
Payables
3.29
+11.76%
2.94
-44.18%
5.27
-70.63%
17.93
Accounts Payable
1.84
-21.39%
2.34
-42.89%
4.10
-67.68%
12.67
Other Payable
1.45
+140.68%
0.60
-48.68%
1.17
-77.73%
5.26
Long Term Debt And Capital Lease Obligation
186.70
-7.62%
202.10
-7.41%
218.28
-6.51%
233.48
Stockholders Equity
290.50
-10.59%
324.93
+1.13%
321.30
-0.85%
324.06
Common Stock Equity
290.50
-10.59%
324.93
+1.13%
321.30
-0.85%
324.06
Capital Stock
327.30
-3.91%
340.62
-4.65%
357.22
-3.98%
372.01
Common Stock
327.30
-3.91%
340.62
-4.65%
357.22
-3.98%
372.01
Share Issued
19.74
+0.00%
19.74
+0.00%
19.74
+0.00%
19.74
Ordinary Shares Number
19.74
+0.00%
19.74
+0.00%
19.74
+0.00%
19.74
Retained Earnings
-36.80
-134.46%
-15.70
+56.30%
-35.92
+25.08%
-47.95
Total Equity Gross Minority Interest
290.50
-10.59%
324.93
+1.13%
321.30
-0.85%
324.06
Total Capitalization
477.20
-9.45%
527.03
-2.32%
539.57
-3.22%
557.54
Invested Capital
477.20
-9.45%
527.03
-2.32%
539.57
-3.22%
557.54
Total Debt
186.70
-7.62%
202.10
-7.41%
218.28
-6.51%
233.48
Net Debt
186.56
-7.69%
202.09
-7.41%
218.28
-6.51%
233.48
Net Tangible Assets
290.50
-10.59%
324.93
+1.13%
321.30
-0.85%
324.06
Tangible Book Value
290.50
-10.59%
324.93
+1.13%
321.30
-0.85%
324.06
Available For Sale Securities
14.96
+75.37%
8.53
-27.02%
11.69
Cash Cash Equivalents And Federal Funds Sold
4.62
-1.84%
4.71
-6.64%
5.04
-10.80%
5.65
Financial Assets Designatedas Fair Value Through Profitor Loss Total
454.71
-11.03%
511.07
-2.07%
521.88
-5.72%
553.53
Investmentin Financial Assets
469.67
-9.61%
519.60
-2.62%
533.56
-3.61%
553.53
Line Item Trend 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Cash Flow
36.89
-2.09%
37.67
-0.07%
37.70
+1590.49%
2.23
Net Income From Continuing Operations
-12.86
-150.89%
25.27
+32.78%
19.03
+131.25%
-60.89
Other Non Cash Items
1.44
-33.87%
2.17
+56.74%
1.39
-55.70%
3.13
Gain Loss On Investment Securities
47.22
+334.37%
10.87
-44.25%
19.50
-66.80%
58.72
Change In Working Capital
1.09
+271.66%
-0.64
+71.25%
-2.21
-274.52%
1.27
Change In Receivables
0.68
+262.11%
-0.42
+56.93%
-0.98
+8.28%
-1.06
Change In Payable
0.35
+400.51%
-0.12
+90.14%
-1.17
-149.22%
2.37
Change In Other Current Assets
0.06
+164.26%
-0.10
-43.82%
-0.07
-84.12%
-0.04
Change In Other Current Liabilities
0.00
0.00
0.00
0.00
Financing Cash Flow
-36.97
+2.73%
-38.01
+0.79%
-38.31
-2220.26%
-1.65
Net Issuance Payments Of Debt
-15.40
+5.89%
-16.37
+0.90%
-16.52
-181.73%
20.21
Issuance Of Debt
19.12
-68.61%
60.94
-51.63%
125.98
-5.50%
133.31
Repayment Of Debt
-34.53
+55.33%
-77.30
+45.75%
-142.50
-26.00%
-113.10
Long Term Debt Issuance
19.12
-68.61%
60.94
-51.63%
125.98
-5.50%
133.31
Long Term Debt Payments
-34.53
+55.33%
-77.30
+45.75%
-142.50
-26.00%
-113.10
Net Long Term Debt Issuance
-15.40
+5.89%
-16.37
+0.90%
-16.52
-181.73%
20.21
Common Stock Dividend Paid
-21.57
+0.33%
-21.64
+0.71%
-21.79
+0.31%
-21.86
Cash Dividends Paid
-21.57
+0.33%
-21.64
+0.71%
-21.79
+0.31%
-21.86
Net Other Financing Charges
0.00
0.00
0.00
0.00
Changes In Cash
-0.09
+74.16%
-0.33
+45.13%
-0.61
-205.35%
0.58
Beginning Cash Position
4.71
-6.64%
5.04
-10.80%
5.65
+11.42%
5.07
End Cash Position
4.62
-1.84%
4.71
-6.64%
5.04
-10.80%
5.65
Free Cash Flow
36.89
-2.09%
37.67
-0.07%
37.70
+1590.49%
2.23
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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