RMMZ
Price:
$14.65
Market Cap:
$123.87M
RiverNorth Managed Duration Municipal Income Fund II, Inc. functions as an organized, diversified, closed-end management investment fund. The fund's primary investment objective is current income exempt from regular U.S. Federal income and secondary investment objective is total return. The company is headquartered in Chicago, IL.
Industry
Asset Management - Income
IPO Date
2022-02-11
Stock Exchange
NYSE
Ticker
RMMZ
According to RiverNorth Managed Duration Municipal Income Fund II, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -20.63. 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 II, Inc. over the last ten years is 3.02. The current -20.63 PE Ratio has changed -68403.66% with respect to the historical average. Over the past ten years (40 quarters), RMMZ's PE Ratio was at its highest in in the June 2023 quarter at 0. The PE Ratio was at its lowest in in the June 2023 quarter at 0.
Average
3.02
Median
6.11
Minimum
-19.70
Maximum
19.56
Discovering the peaks and valleys of RiverNorth Managed Duration Municipal Income Fund II, 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 = Infinity%
Maximum Annual PE Ratio = 19.56
Minimum Annual Increase = -261.22%
Minimum Annual PE Ratio = -19.70
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | -19.70 | -261.22% |
| 2024 | 12.22 | -37.54% |
| 2023 | 19.56 | Infinity% |
The current PE Ratio of RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) 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
4.03
5-year avg
3.02
10-year avg
3.02
RiverNorth Managed Duration Municipal Income Fund II, Inc.’s PE Ratio is less than BlackRock Long-Term Municipal Advantage Trust (31.89), less than Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (10.32), less than Meeder Tactical Income Retail (0), less than Eaton Vance MA Municipal Income A (0), less than Eaton Vance GA Municipal Income A (0), less than Transamerica Energy Infrastructure I (0), less than Western Asset Investment Grade Income Fund Inc. (13.56), less than Hilton Tactical Income Fund Institutional Class (0), less than Abrdn Australia Equity Fund Inc (7.43), less than MFS High Income Municipal Trust (62.11),
| Company | PE Ratio | Market cap |
|---|---|---|
| 31.89 | $126.87M | |
| 10.32 | $124.23M | |
| 0 | $123.99M | |
| 0 | $131.86M | |
| 0 | $125.57M | |
| 0 | $134.23M | |
| 13.56 | $118.22M | |
| 0 | $127.36M | |
| 7.43 | $117.03M | |
| 62.11 | $117.91M |
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 II, 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 II, 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 II, Inc.'s PE Ratio?
How is the PE Ratio calculated for RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)?
What is the highest PE Ratio for RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)?
What is the 3-year average PE Ratio for RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)?
What is the 5-year average PE Ratio for RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)?
How does the current PE Ratio for RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) compare to its historical average?