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 26, 2019 and is domiciled in the United States.

	Jun '20
net income	-32.10M -
depreciation and amortization
deferred income tax
stock based compensation
change in working capital	78.02M -
accounts receivables
inventory
accounts payables
other working capital
other non cash items	-2.07M -
net cash provided by operating activities	43.85M -
investments in property plant and equipment
acquisitions net
purchases of investments
sales maturities of investments
other investing activites
net cash used for investing activites
debt repayment
common stock issued
common stock repurchased
dividends paid	-10.86M -
other financing activites	-30.54M -
net cash used provided by financing activities	-41.39M -
effect of forex changes on cash
net change in cash	2.46M -
cash at beginning of period
cash at end of period	2.46M -
operating cash flow	43.85M -
capital expenditure
free cash flow	43.85M -

NYSE:RMM

Rivernorth Managed Duration Municipal Income Fund Inc.

Last Close

14.90

20/05 20:00

Market Cap

291.16M

Beta: -

Volume Today

66.38K

Avg: 37.97K

Dividend Yield

7.21%

Payout:114.52%