RMM Stock - Rivernorth Managed Duration Municipal Income Fund Inc.
Unlock GoAI Insights for RMM
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $-5,143,239 | $25.43M | $19.11M | $-60,833,916 | $69.20M |
| Gross Profit | $-12,614,094 | $25.43M | $19.11M | $-60,833,916 | $69.20M |
| Gross Margin | 245.3% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating Income | $-12,858,278 | $25.27M | $19.03M | $-58,813,205 | $70.86M |
| Net Income | $-12,858,278 | $25.27M | $19.03M | $-60,885,215 | $69.16M |
| Net Margin | 250.0% | 99.3% | 99.6% | 100.1% | 99.9% |
| EPS | $0.00 | $1.27 | $0.96 | $-3.08 | $3.50 |
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.
Visit WebsiteEarnings History & Surprises
RMMEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2020 | Jun 30, 2020 | — | $-5.26 | — | — |
Latest News
Frequently Asked Questions about RMM
What is RMM's current stock price?
What is the analyst price target for RMM?
What sector is Rivernorth Managed Duration Municipal Income Fund Inc. in?
What is RMM's market cap?
Does RMM pay dividends?
Similar Stocks
Financial Services SectorExplore stocks similar to RMM for comparison