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RMMZ Stock Overview

Profile

Full Name:

RiverNorth Managed Duration Municipal Income Fund II, Inc.

Sector:

Financial Services

Industry:

Asset Management

Country:

United States

IPO:

February 11, 2022

Indexes:

Not included

Website:

Description:

RiverNorth Managed Duration Municipal Income Fund II (RMMZ) focuses on investing in municipal bonds to provide income while managing interest rate risk. The fund aims to enhance returns through active management strategies, targeting tax-exempt income for investors seeking stable cash flow and capital preservation.

Key Details

Price

$15.82

Market Cap

-

Last Dividend

$0.10

TTM Dividend Yield

7.36%

Annual Revenue

$11.36 M(+63.22% YoY)

Annual EPS

-

PE Ratio

-

Annual ROE

7.64%

Annual Debt To Equity

0.63

Beta

0.20

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

N/A

Recent annual earnings:

N/A
Dividend

Next ex-dividend date:

Mar 14, 2025

Recent ex-dividend date:

Feb 14, 2025
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

No data about analysts updates

Screeners with RMMZ included

US stocks
Stocks below SMA 200
Best performing stocks last 3 months
Stocks above SMA 50
Companies with growing dividends
All stocks
High yield dividend stocks
Financial services sector
Moving average channel strategy
Stocks with low beta

Market Data

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Price

Current Price

$15.82
RMMZ price is $15.82

Price All-time High

$20.19
RMMZ price is currently -21.64% below its historical high of $20.19

Price Analysts Target

-
RMMZ price consensus analysts' forecast is unknown

Price Most Recent Change

-0.19%
RMMZ price was down -0.19% on Feb 27, 2025

Price YTD Change

+5.89%
RMMZ price is up +5.89% since January 1st

Price 3-Year Change

-21.29%
RMMZ price is down -21.29% over the past 3 years

Market cap

Market Cap

-
RMMZ market capitalization value is unknown

Market Cap 3-Year Change

-
RMMZ market capitalization 3-year change is unknown

Market Cap All-time High

-
RMMZ market capitalization all-time high is unknown

Market Cap Sector Rank

-
RMMZ market capitalization is unknown

Technical

Beta

0.20
RMMZ beta is 0.20

200-day SMA

$15.88
RMMZ price is currently -0.40% below its 200-day simple moving average

14-day RSI

51.86
RMMZ 14-day relative strength index is 51.86

30-day Relative Volume

0.43
RMMZ 30-day relative volume is 0.43

Dividend

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Events

Last Paid Dividend

$0.10
RMMZ last dividend was $0.10 per share, with an ex-dividend date of February 14, 2025

Next Dividend

$0.10
RMMZ has announced a dividend of $0.10 per share, with an ex-dividend date set for March 14, 2025

Dividend per share

Annual Dividend Per Share

$1.17
RMMZ annual dividend per share is $1.17

Annual Dividend Per Share Sector Rank

62.08%
RMMZ annual dividend per share is higher than 62.08% of companies in Financial Services sector

Annual Dividend Per Share 1-Year Change

-3.38%
RMMZ annual dividend per share is down -3.38% year-on-year

Annual Dividend Per Share 3-Year Change

+179.99%
RMMZ annual dividend per share is up +179.99% over the past 3 years

Dividend yield

Annual Dividend Yield

7.38%
RMMZ annual dividend yield is 7.38%

Annual Dividend Yield Sector Rank

72.11%
RMMZ annual dividend yield is higher than 72.11% of companies in Financial Services sector

Other

Annual Payout Ratio

87.83%
RMMZ annual payout ratio is 87.83%

Annual Dividends Paid

$9.87 M
RMMZ annual dividends paid is $9.87 million

Annual FCF

$13.42 M
RMMZ annual free cash flow is $13.42 million

Profitability

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Revenue

Annual Revenue

$11.36 M
RMMZ annual revenue is $11.36 million

Annual Revenue Analysts Estimate

-
RMMZ annual revenue consensus analysts' forecast is unknown

Annual Revenue 1-Year Change

+63.22%
RMMZ annual revenue is up +63.22% year-on-year

Annual Revenue Sector Rank

10.78%
RMMZ annual revenue is higher than 10.78% of companies in Financial Services sector

Profit

Annual Gross Profit

-
RMMZ annual gross profit value is unknown

Annual Gross Margin

-
RMMZ annual gross profit margin value is unknown

Annual Operating Profit

-
RMMZ annual operating income value is unknown

Annual Operating Margin

-
RMMZ annual operating profit margin value is unknown

Annual Net Income

$11.23 M
RMMZ annual net profit is $11.23 million

Annual Net Margin

-
RMMZ annual net profit margin value is unknown

EPS

Annual EPS

-
RMMZ annual earnings per share value is unknown

Annual EPS Analysts Estimate

-
RMMZ annual earnings per share consensus analysts' forecast is unknown

Annual EPS 1-Year Change

-
RMMZ annual earnings per share 1-year change is unknown

Annual EPS Sector Rank

-
RMMZ annual earnings per share is unknown

ROA & ROE

Annual ROA

4.64%
RMMZ annual return on assets is 4.64%

Annual ROE

7.64%
RMMZ annual return on equity is 7.64%

EBIT & EBITDA

Annual EBIT

-
RMMZ annual earnings before interest & taxes value is unknown

Annual EBITDA

-
RMMZ annual EBITDA value is unknown

Valuation

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PE Ratio

PE Ratio

-
RMMZ price to earnings ratio value is unknown

PE Ratio Sector Rank

-
RMMZ price to earnings ratio is unknown

PB Ratio

PB Ratio

-
RMMZ price to book ratio value is unknown

PB Ratio Sector Rank

-
RMMZ price to book ratio is unknown

PS Ratio

PS Ratio

-
RMMZ price to sales ratio value is unknown

PS Ratio Sector Rank

-
RMMZ price to sales ratio is unknown

Enterprise value

Enterprise Value

-
RMMZ enterprise value value is unknown

Enterprise Value Sector Rank

-
RMMZ enterprise value is unknown

EV/EBITDA

EV/EBITDA

-
RMMZ EV/EBITDA value is unknown

EV/EBITDA Sector Rank

-
RMMZ EV/EBITDA is unknown

Financial Health

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Liquidity

Annual Current Ratio

-
RMMZ annual current ratio value is unknown

Annual Quick Ratio

-
RMMZ annual quick ratio value is unknown

Leverage

Annual Debt To Equity

0.63
RMMZ annual debt to equity ratio is 0.63

Annual Interest Coverage Ratio

-
RMMZ annual interest coverage ratio value is unknown

Risk & Stability

Piotroski F-Score

-
RMMZ piotroski f-score value is unknown

Altman Z-Score

-
RMMZ altman z-score value is unknown

Balance Sheet

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Assets

Annual Total Assets

$241.88 M
RMMZ annual total assets is $241.88 million

Annual Non Current Assets

-
RMMZ annual long term assets value is unknown

Annual Current Assets

-
RMMZ annual total current assets value is unknown

Annual Cash & Cash Equivalents

-
RMMZ annual cash & cash equivalents value is unknown

Equity

Annual Book Value

$147.11 M
RMMZ annual book value is $147.11 million

Annual Working Capital

-
RMMZ annual working capital value is unknown

Liabilities

Annual Total Liabilities

$94.76 M
RMMZ annual total liabilities is $94.76 million

Annual Total Long Term Liabilities

-
RMMZ annual total long term liabilities value is unknown

Annual Current Liabilities

-
RMMZ annual total current liabilities value is unknown

Annual Accounts Payable

$1.50 M
RMMZ annual accounts payable is $1.50 million

Debt

Annual Total Debt

$92.97 M
RMMZ annual total debt is $92.97 million

Annual Total Debt 1-Year Change

-3.83%
RMMZ annual total debt is down -3.83% year-on-year

Annual Long Term Debt

$92.97 M
RMMZ annual long term debt is $92.97 million

Annual Short Term Debt

-
RMMZ annual short term debt value is unknown

Expenses

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Annual Total Expenses

-
RMMZ annual total expenses value is unknown

Annual Operating Expenses

$125.36 K
RMMZ annual total operating expenses is $125.36 thousand

Annual Cost Of Goods Sold

-
RMMZ annual cost of goods sold value is unknown

Annual SGA

$125.36 K
RMMZ annual SGA is $125.36 thousand

Annual D&A

-
RMMZ annual depreciation & amortization value is unknown

Annual Interest Expense

$3.95 M
RMMZ annual interest expense is $3.95 million

Cash Flow

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Cashflow Activities

Annual CFO

-
RMMZ annual cash flow from operations value is unknown

Annual CFO 1-Year Change

-
RMMZ annual cash flow from operations 1-year change is unknown

Annual CFI

-
RMMZ annual cash flow from investing activities value is unknown

Annual CFI 1-Year Change

-
RMMZ annual cash flow from investing activities 1-year change is unknown

Annual CFF

-
RMMZ annual cash flow from financing activities value is unknown

Annual CFF 1-Year Change

-
RMMZ annual cash flow from financing activities 1-year change is unknown

Free CashFlow

Annual FCF

$13.42 M
RMMZ annual free cash flow is $13.42 million

Annual FCF 1-Year Change

+9347.58%
RMMZ annual free cash flow is up +9347.58% year-on-year

CAPEX

Annual CAPEX

-
RMMZ annual capital expenditures value is unknown

Annual CAPEX 1-Year Change

-
RMMZ annual capital expenditures 1-year change is unknown

Institutional Ownership

Similar stocks

FAQ

  • What is the ticker symbol for RiverNorth Managed Duration Municipal Income Fund II?
  • Does RiverNorth Managed Duration Municipal Income Fund II pay dividends?
  • What sector is RiverNorth Managed Duration Municipal Income Fund II in?
  • What industry is RiverNorth Managed Duration Municipal Income Fund II in?
  • What country is RiverNorth Managed Duration Municipal Income Fund II based in?
  • When did RiverNorth Managed Duration Municipal Income Fund II go public?
  • Is RiverNorth Managed Duration Municipal Income Fund II in the S&P 500?
  • Is RiverNorth Managed Duration Municipal Income Fund II in the NASDAQ 100?
  • Is RiverNorth Managed Duration Municipal Income Fund II in the Dow Jones?
  • When does RiverNorth Managed Duration Municipal Income Fund II report earnings?

What is the ticker symbol for RiverNorth Managed Duration Municipal Income Fund II?

The ticker symbol for RiverNorth Managed Duration Municipal Income Fund II is NYSE:RMMZ

Does RiverNorth Managed Duration Municipal Income Fund II pay dividends?

Yes, RiverNorth Managed Duration Municipal Income Fund II pays dividends. The last payment was $0.10, with an ex-dividend date on February 14, 2025

What sector is RiverNorth Managed Duration Municipal Income Fund II in?

RiverNorth Managed Duration Municipal Income Fund II is in the Financial Services sector

What industry is RiverNorth Managed Duration Municipal Income Fund II in?

RiverNorth Managed Duration Municipal Income Fund II is in the Asset Management industry

What country is RiverNorth Managed Duration Municipal Income Fund II based in?

RiverNorth Managed Duration Municipal Income Fund II is headquartered in United States

When did RiverNorth Managed Duration Municipal Income Fund II go public?

RiverNorth Managed Duration Municipal Income Fund II's initial public offering (IPO) was on February 11, 2022

Is RiverNorth Managed Duration Municipal Income Fund II in the S&P 500?

No, RiverNorth Managed Duration Municipal Income Fund II is not included in the S&P 500 index

Is RiverNorth Managed Duration Municipal Income Fund II in the NASDAQ 100?

No, RiverNorth Managed Duration Municipal Income Fund II is not included in the NASDAQ 100 index

Is RiverNorth Managed Duration Municipal Income Fund II in the Dow Jones?

No, RiverNorth Managed Duration Municipal Income Fund II is not included in the Dow Jones index

When does RiverNorth Managed Duration Municipal Income Fund II report earnings?

The date for RiverNorth Managed Duration Municipal Income Fund II's next earnings report has not been announced yet