RMM

MKT CAP:$284M

RiverNorth Managed Duration Municipal Income Fund Inc

Market Cap

$284M

Financial Services·Asset Management·🇺🇸 United States·NYSE

Financials·Asset Management·🇺🇸·NYSE

Stock Price

$14.52+$1.20 (+9.00%)

Jun 5, 2026

52W High $14.5952W Low $12.44

Company Details

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 marke...

CEO

—

IPO Date

Jul 26, 2019

Website

www.rivernorth.com/closed-end-funds/rmm

Key Metrics TTM

Revenue

$41M

- YoY

Net Income

$8M

EPS (Diluted)

Free Cash Flow

Revenue / Share

$2.07

Gross Margin

49.5%

Operating Margin

49.2%

Net Margin

20.2%

FCF Margin

P/S

6.9x

P/E

34.4x

Earnings Reports

FY 2024

Jun 30, 2025

-$5M-120.2%

FY 2023

Jun 30, 2024

$25M+33.1%

FY 2022

Mar 10, 2023

$19M+131.4%

Q2 2022

Sep 8, 2022

$12M+18.3%

FY 2021

Mar 11, 2022

-$61M-187.9%

Revenue & Profitability

Operating Cash Flow

OpEx vs Revenue Growth (YoY)

OpEx Breakdown

War Chest

Shares Outstanding