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Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) Stock Analysis

Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is a Asset Management stock listed on NYSE and quoted in US Dollar.

RMM

$14.17

+$0.05 (+0.35%)

Sep 4, 2026 · Market close

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Price History

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RMM Key Statistics

As of Sep 4, 2026
Trading
Open
$14.18
Previous Close
$14.12
Day's Range
14.12–14.22
52-Week Range
13.35–15.00
Volume
36.70K
Valuation
Market Cap
$279.71M
P/E Ratio
74.58
EPS (ttm)Profit attributable to each share over the last twelve months.
0.19
Financials (FY)
Revenue (FY)
−$12.61M−149.59%
Net Income (FY)
−$12.86M−150.89%
Profit marginThe share of revenue left as profit after all costs and taxes.
0.00%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
19.74M
1-Year Return
+12.00%
Dividend and dates
Dividend
$1.02+7.20%
Ex-Dividend Date
September 15, 2026
Avg Volume
41.70K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

RMM Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+8.48%
2025+2.05%
2024+9.28%
2023+5.92%
2022−23.45%
2021+19.68%
2020−2.13%
2019 (partial year)−1.44%

As of September 4, 2026.

RMM Revenue and Earnings by Fiscal Year

FY ends June
Fiscal yearRevenueNet incomeNet margin
2025−$12.61M−$12.86M101.9%
2024$25.43M$25.27M99.3%
2023$19.11M$19.03M99.6%
2022−$60.83M−$60.89M100.1%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025−$12.61M−$12.86M101.9%
2024$25.43M$25.27M99.3%
2023$19.11M$19.03M99.6%
2022−$60.83M−$60.89M100.1%

Annual figures as reported, in the company's reporting currency. As of June 30, 2025.

RMM Dividend History

$1.09−1.1% vs 2024

Dividends per share, 2025 · 12 payments

YearDividends per sharePaymentsChange
2026*$0.688
2025$1.0912−1.1%
2024$1.1012+1.1%
2023$1.0912−2.2%
YearDividends per sharePaymentsChange
2026 (partial year)$0.688
2025$1.0912−1.1%
2024$1.1012+1.1%
2023$1.0912−2.2%
2022$1.1212+1.1%
2021$1.1012+0.0%
2020$1.1012+200.0%
2019$0.374

Most recent payment: $0.09 per share, ex-dividend August 14, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

RMM Valuation vs Asset Management Median

Median of 561 stocks
MetricRMMAsset Management medianvs median
P/E74.5810.347.2x the median
Profit margin0.00%24.09%24.1 pts below

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The market values Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) at $279.71M. It is classified in the Asset Management industry, within the Financial Services sector.

The 52-week range on file runs from $13.35 to $15.00. The most recent close on file for RMM is $14.17, dated September 4, 2026. That is +$0.05 (+0.35%) against the previous close. The latest close sits 6.14% above that 52-week low.

Financial Health

In fiscal 2025, Rivernorth Managed Duration Municipal Income Fund Inc. reported revenue of −$12.61M. Against the prior fiscal year total of $25.43M, that is a change of −149.59%. The same year closed with a net loss of $12.86M. The reported profit margin is 0%. That is 24.1 percentage points below the Asset Management median of 24.09%. Trailing earnings per share are 0.19.

Across the 4 fiscal years on file, revenue moves from −$60.83M in 2022 to −$12.61M in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 74.58. That is 7.2 times the Asset Management median of 10.34. The medians here are taken across 561 Asset Management companies that report the metric.

The trailing one-year price return is +12.00%. Measured over 5 years, that is −1.29% a year compounded. Annualized volatility over the trailing 7 years is 17.71%.

Growth & Income

Shareholders receive a dividend, yielding 7.2% on the latest price. That is 0.9 percentage points below the Asset Management median yield of 8.11%. At the indicated rate that is $1.02 a share a year. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 8 calendar years; 2026 shows 8 payments totalling $0.68 a share. The year before, 2025, totalled $1.09 a share.

Across the complete calendar years on file, 2021 returned +19.68% and 2022 returned −23.45%. Of the 6 complete calendar years on file, 4 finished higher. So far in 2026 the price is +8.48%.

Peer Comparison

Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Rivernorth Managed Duration Municipal Income Fund Inc. RMM $279.71M 74.6
BlackRock, Inc. BLK $182.35B 26.9
Blackstone Inc. BX $162.74B 30.5
KKR & Co. Inc. KKR $99.50B 34.4

The Asset Management industry average P/E ratio is 10.3x. Rivernorth Managed Duration Municipal Income Fund Inc. trades at a P/E of 74.6.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Rivernorth Managed Duration Municipal Income Fund Inc.

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.

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