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
revenue	10.73M -
cost of revenue	6.91M -
gross profit	3.81M -
selling and marketing expenses	10.00 -
general and administrative expenses	15.91K -
selling general and administrative expenses	15.92K -
research and development expenses
other expenses
cost and expenses	6.93M -
operating expenses	15.92K -
interest expense	-35.90M -
ebitda	-68.00M -
operating income	3.80M -
depreciation and amortization	-71.80M -
total other income expenses net	-35.90M -
income before tax	-32.10M -
income tax expense	71.80M -
net income	-103.90M -
weighted average shs out	19.74M -
weighted average shs out dil	19.74M -
eps	-5.26 -
epsdiluted	-5.26 -

NYSE:RMM

Rivernorth Managed Duration Municipal Income Fund Inc.

Last Close

14.90

20/05 16:01

Market Cap

291.16M

Beta: -

Volume Today

22.97K

Avg: 37.97K

Dividend Yield

7.21%

Payout:114.52%