RMM - 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.
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Market Cap
- $286.2M
- Beta
- 0.76
- 52-Week Range
- 13.282-14.88
- Dividend Yield
- $1.06
- IPO Date
- Jul 26, 2019
- Exchange
- NYSE
Frequently asked RMM overview questions
- What is RMM?
- RMM is the ticker symbol for Rivernorth Managed Duration Municipal Income Fund Inc., a listed mutual fund. Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. Listed on NYSE. RMM is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What are RMM's key statistics?
- Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) carries a market capitalization of $286.2M, 52-week range of 13.282-14.88. Daily price and reference data are accessible from the chart view; these structural inputs frame how downstream analytics (volatility, term structure, derived metrics) interpret the underlying instrument.
- What sector or industry does RMM belong to?
- Rivernorth Managed Duration Municipal Income Fund Inc. operates in the Financial Services sector, in the Asset Management - Income industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare RMM's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the RMM data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for RMM, it usually reflects low options liquidity or a recently listed name. Fund-level fields refresh from the vendor feed nightly. Registered investment-company filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence; daily NAV is published by the sponsor after the close.