RMM
Price:
$15.49
Market Cap:
$305.77M
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
According to Rivernorth Managed Duration Municipal Income Fund Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 507.86M. This represents a change of 142.58% compared to the average of 209.36M of the last 4 quarters.
The mean historical Enterprise Value of Rivernorth Managed Duration Municipal Income Fund Inc. over the last ten years is 551.31M. The current 507.86M Enterprise Value has changed 9.11% with respect to the historical average. Over the past ten years (40 quarters), RMM's Enterprise Value was at its highest in in the June 2020 quarter at 572.81M. The Enterprise Value was at its lowest in in the December 2023 quarter at 198.80M.
Average
551.31M
Median
545.81M
Minimum
504.19M
Maximum
615.34M
Discovering the peaks and valleys of Rivernorth Managed Duration Municipal Income Fund Inc. Enterprise Value, 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 = 7.43%
Maximum Annual Enterprise Value = 615.34M
Minimum Annual Increase = -11.30%
Minimum Annual Enterprise Value = 504.19M
Year | Enterprise Value | Change |
---|---|---|
2024 | 504.19M | -2.74% |
2023 | 518.39M | -5.02% |
2022 | 545.81M | -11.30% |
2021 | 615.34M | 7.43% |
The current Enterprise Value 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
522.80M
5-year avg
551.31M
10-year avg
551.31M
Rivernorth Managed Duration Municipal Income Fund Inc.’s Enterprise Value is greater than RiverNorth Opportunistic Municipal Income Fund, Inc. (164.30M), greater than MFS Investment Grade Municipal Trust (110.18M), greater than Nuveen Preferred and Income Fund (116.69M), less than BlackRock MuniHoldings New York Quality Fund, Inc. (567.88M), less than RiverNorth Flexible Municipal Income Fund II, Inc. (579.52M), greater than Queen City Investments, Inc. (0), greater than NXG NextGen Infrastructure Income Fund (178.91M), greater than DTF Tax-Free Income 2028 Term Fund Inc. (76.71M), less than DWS Municipal Income Trust (591.24M), less than BlackRock MuniYield Quality Fund, Inc. (883.00M), less than BlackRock Municipal Income Fund, Inc. (904.34M), greater than BlackRock MuniHoldings Quality Fund II, Inc. (343.97M), greater than MFS Municipal Income Trust (341.96M), less than BlackRock MuniYield Quality Fund III, Inc. (1.23B), greater than Invesco Municipal Income Opportunities Trust (422.34M), greater than MFS High Income Municipal Trust (200.66M), greater than Putnam Premier Income Trust (337.79M), less than Nuveen Municipal Credit Opportunities Fund (1.05B), greater than RiverNorth Flexible Municipal Income Fund, Inc. (0), less than First Trust High Yield Opportunities 2027 Term Fund (678.47M), less than BlackRock MuniYield Fund, Inc. (510.46M),
Company | Enterprise Value | Market cap |
---|---|---|
164.30M | $100.27M | |
110.18M | $66.38M | |
116.69M | $69.70M | |
567.88M | $322.98M | |
579.52M | $340.34M | |
0 | $68.27M | |
178.91M | $131.55M | |
76.71M | $79.15M | |
591.24M | $386.24M | |
883.00M | $882.83M | |
904.34M | $904.22M | |
343.97M | $232.77M | |
341.96M | $228.18M | |
1.23B | $748.42M | |
422.34M | $309.28M | |
200.66M | $119.17M | |
337.79M | $337.90M | |
1.05B | $603.37M | |
0 | $96.00M | |
678.47M | $547.55M | |
510.46M | $510.39M |
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What is the Enterprise Value?
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What is Rivernorth Managed Duration Municipal Income Fund Inc.'s Enterprise Value?
What is the highest Enterprise Value for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)?
What is the 3-year average Enterprise Value for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)?
What is the 5-year average Enterprise Value for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM)?
How does the current Enterprise Value for Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) compare to its historical average?