RMMZ
Price:
$14.855
Market Cap:
$125.60M
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
According to RiverNorth Managed Duration Municipal Income Fund II, Inc.’s latest financial reports and current stock price. The company's current ROE is 7.67%. This represents a change of Infinity% compared to the average of 0% of the last 4 quarters.
The mean historical ROE of RiverNorth Managed Duration Municipal Income Fund II, Inc. over the last ten years is 4.12%. The current 7.67% ROE has changed 86.02% with respect to the historical average. Over the past ten years (40 quarters), RMMZ's ROE was at its highest in in the June 2023 quarter at 0%. The ROE was at its lowest in in the June 2023 quarter at 0%.
Average
4.12%
Median
4.74%
Minimum
0%
Maximum
7.64%
Discovering the peaks and valleys of RiverNorth Managed Duration Municipal Income Fund II, Inc. ROE, 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 ROE = 7.64%
Minimum Annual Increase = 0%
Minimum Annual ROE = 0%
Year | ROE | Change |
---|---|---|
2024 | 7.64% | 61.22% |
2023 | 4.74% | Infinity% |
The current ROE 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
4.12%
5-year avg
4.12%
10-year avg
4.12%
RiverNorth Managed Duration Municipal Income Fund II, Inc.’s ROE is greater than RiverNorth Flexible Municipal Income Fund, Inc. (0%), greater than BlackRock MuniHoldings Fund, Inc. (-1.67%), less than Putnam Managed Municipal Income Trust (1.04%), less than Nuveen Dynamic Municipal Opportunities Fund (2.51%), less than RiverNorth Opportunistic Municipal Income Fund, Inc. (7.22%), less than BlackRock Municipal Income Fund, Inc. (0.27%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.63%), less than Nuveen New York Quality Municipal Income Fund (6.75%), less than DWS Municipal Income Trust (3.59%), less than Puyi Inc. (0%), greater than Virtus Convertible & Income 2024 Target Term Fund (-20.70%), less than MFS Investment Grade Municipal Trust (21.86%), less than Invesco High Income 2024 Target Term Fund (2.17%), less than Eaton Vance National Municipal Opportunities Trust (11.57%), less than Federated Hermes Premier Municipal Income Fund (11.25%), less than null (3.80%),
Company | ROE | Market cap |
---|---|---|
0% | $91.60M | |
-1.67% | $608.49M | |
1.04% | $280.91M | |
2.51% | $593.24M | |
7.22% | $94.92M | |
0.27% | $877.58M | |
3.63% | $311.49M | |
6.75% | $342.28M | |
3.59% | $370.57M | |
0% | $2.21B | |
-20.70% | $167.75M | |
21.86% | $64.51M | |
2.17% | $66.25M | |
11.57% | $259.06M | |
11.25% | $124.98M | |
3.80% | $0 |
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 ROE?
How can you use the ROE?
What is RiverNorth Managed Duration Municipal Income Fund II, Inc.'s ROE?
How is the ROE calculated for RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)?
What is the highest ROE for RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)?
What is the 3-year average ROE for RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)?
What is the 5-year average ROE for RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)?
How does the current ROE for RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) compare to its historical average?