Rivernorth Managed Duration Municipal Income Fund Inc.

Rivernorth Managed Duration Municipal Income Fund Inc.verified

RMM

Price:

$13.95

Market Cap:

$275.37M

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 2...[Read more]

Industry

Asset Management - Income

IPO Date

2019-07-26

Stock Exchange

NYSE

Ticker

RMM

The Dividend Yield as of December 2025 (TTM) for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is 7.79%

According to Rivernorth Managed Duration Municipal Income Fund Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 7.79%. This represents a change of Infinity% compared to the average of 0% of the last 4 quarters.

Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) Historical Dividend Yield (quarterly & annually)

How has RMM Dividend Yield performed in the past?

The mean historical Dividend Yield of Rivernorth Managed Duration Municipal Income Fund Inc. over the last ten years is 5.37%. The current 7.79% Dividend Yield has changed 45.24% with respect to the historical average. Over the past ten years (40 quarters), RMM's Dividend Yield was at its highest in in the June 2020 quarter at 3.21%. The Dividend Yield was at its lowest in in the December 2020 quarter at 0%.

Quarterly (TTM)
Annual

Average

5.37%

Median

6.21%

Minimum

0%

Maximum

7.26%

Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Rivernorth Managed Duration Municipal Income Fund Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 29.13%

Maximum Annual Dividend Yield = 7.26%

Minimum Annual Increase = -100.00%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20250%-100.00%
20247.16%-1.36%
20237.26%3.74%
20227.00%29.13%
20215.42%1.31%

Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) Average Dividend Yield

How has RMM Dividend Yield performed in the past?

The current Dividend Yield of Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.81%

5-year avg

5.37%

10-year avg

5.37%

Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) Dividend Yield vs. Peers

How is RMM’s Dividend Yield compared to its peers?

Rivernorth Managed Duration Municipal Income Fund Inc.’s Dividend Yield is less than BlackRock Municipal Income Quality Trust (6.09%), less than Virtus Convertible & Income Fund II (10.29%), less than BlackRock Income Trust, Inc. (9.59%), less than Putnam Managed Municipal Income Trust (4.80%), less than Abrdn Emerging Markets Equity Income Fund Inc (8.35%), less than LMP Capital and Income Fund Inc. (9.51%), less than MFS Charter Income Trust (8.44%), less than BlackRock New York Municipal Income Trust (5.99%), less than MFS Multimarket Income Trust (8.51%), less than Ellsworth Growth and Income Fund Ltd. (7.25%),

Build a custom stock screener for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Rivernorth Managed Duration Municipal Income Fund Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Rivernorth Managed Duration Municipal Income Fund Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Dividend Yield?

How can you use the Dividend Yield?

What is Rivernorth Managed Duration Municipal Income Fund Inc.'s Dividend Yield?

How is the Dividend Yield calculated for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)?

What is the highest Dividend Yield for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)?

What is the 3-year average Dividend Yield for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)?

What is the 5-year average Dividend Yield for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)?

How does the current Dividend Yield for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) compare to its historical average?