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RiverNorth Managed Duration Municipal Income Fund II (RMMZ) Stock

Profile

Country:

United States

IPO:

11 February 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

$15.98

TTM Dividend Yield

7.31%(-7.23% YoY)

Annual Revenue

$11.36 M(+63.22% YoY)

Beta

0.17

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

N/A

Recent annual earnings:

N/A
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 15, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

No data about analysts updates

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Institutional Ownership

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RiverNorth Managed Duration Municipal Income Fund II is a closed-end fund that provides exposure to municipal bonds. RMMZ utilizes a portfolio that includes individual municipal bonds and a fund-of-funds approach, investing in other CEF muni funds. RMMZ offers a potentially attractive discount and can be used tactically as a swap partner with other similar RiverNorth funds.

FAQ

  • What is the primary business of RiverNorth Managed Duration Municipal Income Fund II?
  • 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 primary business of RiverNorth Managed Duration Municipal Income Fund II?

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.

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 15 November 2024

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 11 February 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