RiverNorth Managed Duration Municipal Income Fund II, Inc.

RiverNorth Managed Duration Municipal Income Fund II, Inc.verified

RMMZ

Price:

$16.17

Market Cap:

$136.72M

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.[Read more]

Industry

Asset Management - Income

IPO Date

2022-02-11

Stock Exchange

NYSE

Ticker

RMMZ

The Enterprise Value as of September 2024 (TTM) for RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) is 229.69M

According to RiverNorth Managed Duration Municipal Income Fund II, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 229.69M. This represents a change of 143.86% compared to the average of 94.19M of the last 4 quarters.

RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) Historical Enterprise Value (quarterly & annually)

How has RMMZ Enterprise Value performed in the past?

The mean historical Enterprise Value of RiverNorth Managed Duration Municipal Income Fund II, Inc. over the last ten years is 137.08M. The current 229.69M Enterprise Value has changed 16.66% with respect to the historical average. Over the past ten years (40 quarters), RMMZ's Enterprise Value was at its highest in in the June 2023 quarter at 96.67M. The Enterprise Value was at its lowest in in the December 2022 quarter at 92.92M.

Quarterly (TTM)
Annual

Average

137.08M

Median

92.97M

Minimum

86.56M

Maximum

231.71M

RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of RiverNorth Managed Duration Municipal Income Fund II, 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 = 167.68%

Maximum Annual Enterprise Value = 231.71M

Minimum Annual Increase = -59.87%

Minimum Annual Enterprise Value = 86.56M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202492.97M-59.87%
2023231.71M167.68%

RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) Average Enterprise Value

How has RMMZ Enterprise Value performed in the past?

The current Enterprise Value of RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

137.08M

5-year avg

137.08M

10-year avg

137.08M

RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) Enterprise Value vs. Peers

How is RMMZ’s Enterprise Value compared to its peers?

RiverNorth Managed Duration Municipal Income Fund II, Inc.’s Enterprise Value is greater than RiverNorth Flexible Municipal Income Fund, Inc. (0), less than BlackRock MuniHoldings Fund, Inc. (668.58M), less than Putnam Managed Municipal Income Trust (330.58M), less than Nuveen Dynamic Municipal Opportunities Fund (655.46M), greater than RiverNorth Opportunistic Municipal Income Fund, Inc. (167.43M), less than BlackRock Municipal Income Fund, Inc. (916.49M), less than BlackRock MuniHoldings New York Quality Fund, Inc. (564.52M), less than Nuveen New York Quality Municipal Income Fund (362.43M), less than DWS Municipal Income Trust (407.55M), less than Puyi Inc. (0), less than Virtus Convertible & Income 2024 Target Term Fund (2.06B), greater than MFS Investment Grade Municipal Trust (179.18M), greater than Invesco High Income 2024 Target Term Fund (111.11M), greater than Eaton Vance National Municipal Opportunities Trust (87.12M), less than Federated Hermes Premier Municipal Income Fund (319.06M), less than null (231.99M),

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