RMM
Price:
$14.59
Market Cap:
$288.00M
The Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is a closed-end investment vehicle dedicated to fixed-income assets. It was launched and is managed by RiverNorth Capital Management, LLC, with MacKay Shields LLC serving as co-manager. The fund's strategy involves investing in the U.S. fixed-income markets, with a primary focus on investment-grade municipal debt across all maturities. To guide its investment decisions, the fund utilizes a combination of fundamental and quantitative analysis, underpinned by proprietary research for portfolio construction. Its performance is measured against the Bloomberg Barclays Municipal Bond Index. This fund, domiciled in the United States, ...[Read more]
Industry
Asset Management - Income
IPO Date
2019-07-26
Stock Exchange
NYSE
Ticker
RMM
According to Rivernorth Managed Duration Municipal Income Fund Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 76.79. This represents a change of Infinity% compared to the average of 0 of the last 4 quarters.
The mean historical PE Ratio of Rivernorth Managed Duration Municipal Income Fund Inc. over the last ten years is -1.95. The current 76.79 PE Ratio has changed -394812.73% with respect to the historical average. Over the past ten years (40 quarters), RMM's PE Ratio was at its highest in in the December 2019 quarter at 1.10. The PE Ratio was at its lowest in in the June 2020 quarter at -0.81.
Average
-1.95
Median
0.33
Minimum
-20.63
Maximum
15.77
Discovering the peaks and valleys of Rivernorth Managed Duration Municipal Income Fund Inc. PE Ratio, 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 = 0%
Maximum Annual PE Ratio = 15.77
Minimum Annual Increase = -407.43%
Minimum Annual PE Ratio = -20.63
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | -20.63 | -271.92% |
| 2024 | 12.00 | -23.91% |
| 2023 | 15.77 | -407.43% |
| 2022 | -5.13 | -188.53% |
| 2021 | 5.79 | -129.75% |
The current PE Ratio of Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.38
5-year avg
1.56
10-year avg
-1.95
Rivernorth Managed Duration Municipal Income Fund Inc.’s PE Ratio is greater than BlackRock Municipal Income Quality Trust (-17.26), greater than Virtus Convertible & Income Fund II (5.60), greater than BlackRock Income Trust, Inc. (8.84), greater than Putnam Managed Municipal Income Trust (22.58), greater than Abrdn Emerging Markets Equity Income Fund Inc (4.35), greater than LMP Capital and Income Fund Inc. (-436.51), greater than MFS Charter Income Trust (14.10), greater than Bank of New York Mellon Corp (17.67), greater than Aberdeen Multi-Market Income Fund (11.82), greater than Ellsworth Growth and Income Fund Ltd. (4.36),
| Company | PE Ratio | Market cap |
|---|---|---|
| -17.26 | $286.23M | |
| 5.60 | $302.75M | |
| 8.84 | $253.36M | |
| 22.58 | $272.42M | |
| 4.35 | $404.39M | |
| -436.51 | $5.24B | |
| 14.10 | $247.63M | |
| 17.67 | $98.58B | |
| 11.82 | $245.51M | |
| 4.36 | $181.40M |
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:
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.
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.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the PE Ratio?
How can you use the PE Ratio?
What is Rivernorth Managed Duration Municipal Income Fund Inc.'s PE Ratio?
How is the PE Ratio calculated for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)?
What is the highest PE Ratio for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)?
What is the 3-year average PE Ratio for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)?
What is the 5-year average PE Ratio for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)?
How does the current PE Ratio for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) compare to its historical average?