NYSE · Asset Management · USD

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.

Last Updated: October 21, 2026

RMM

$13.29

$0.00 (0.00%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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RMM Key Statistics

As of Oct 21, 2026

Trading

Open: $13.38
Previous Close: $13.29
Day's Range: 13.24–13.39
52-Week Range: 12.15–15.00
Volume: 45.88K

Valuation

Market Cap: $262.34M
P/E Ratio: 7.91
EPS (ttm): 1.68

Financials (FY)

Revenue (FY): −$12.61M−149.59%
Net Income (FY): −$12.86M−150.89%
Shares Outstanding: 19.74M
1-Year Return: +0.35%

Dividend and dates

Dividend: $1.02+7.65%
Ex-Dividend Date: November 16, 2026
Avg Volume: 63.58K

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

Key facts

As of October 21, 2026, RMM closed at $13.29, +0.35% over 1 year.

Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) has a market capitalization of $262.34M.

In fiscal 2025, RMM reported revenue of −$12.61M.

RMM Stock Return by Calendar Year

Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) return since Jul 2019: what $10,000 became

1 year: $10,000 $10,035; +0.35%
5 years: $10,000 $9,557; −4.43%
Since Jul 2019: $10,000 $10,620; +6.20%

If you had invested $10,000 in Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) at the close on July 26, 2019, the earliest close on record here, it would have been worth $10,620 at the close on October 21, 2026: +6.20% in total, +0.83% a year, with dividends reinvested, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

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

−1.44%−2.13%+19.68%−23.45%+5.92%+9.28%+2.05%+1.74%

2019*2020202120222023202420252026*

Year	Return
2026 (partial year)	+1.74%
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 October 21, 2026.

RMM Revenue and Earnings by Fiscal Year

FY ends June

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	−$12.61M	−$12.86M	101.9%
2024	$25.43M	$25.27M	99.3%
2023	$19.11M	$19.03M	99.6%
2022	−$60.83M	−$60.89M	100.1%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	−$12.61M	—	—	−$12.86M	101.9%
2024	$25.43M	—	—	$25.27M	99.3%
2023	$19.11M	—	—	$19.03M	99.6%
2022	−$60.83M	—	—	−$60.89M	100.1%

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

RMM Dividend History

’19’20’21’22’23’24’25’26*

$1.09−1.1% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.77	9	—
2025	$1.09	12	−1.1%
2024	$1.10	12	+1.1%
2023	$1.09	12	−2.2%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.77	9	—
2025	$1.09	12	−1.1%
2024	$1.10	12	+1.1%
2023	$1.09	12	−2.2%
2022	$1.12	12	+1.1%
2021	$1.10	12	+0.0%
2020	$1.10	12	+200.0%
2019	$0.37	4	—

Most recent payment: $0.09 per share, ex-dividend September 15, 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 512 stocks

Metric	RMM	Asset Management median	vs median
P/E	7.91	9.44	16% below

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) at $262.34M. It is classified in the Asset Management industry, within the Financial Services sector.

The 52-week range on file runs from $12.15 to $15.00. The most recent close on file for RMM is $13.29, dated October 21, 2026. The close was unchanged from the previous session. The latest close sits 9.36% 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. Trailing earnings per share are 1.68.

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 7.91. That is 16.21% below the Asset Management median of 9.44. The medians here are taken across 512 Asset Management companies that report the metric.

The trailing one-year total return is +0.35%. Measured over 5 years, that is −0.90% a year compounded. Annualized volatility over the trailing 7 years is 17.89%.

Growth & Income

Shareholders receive a dividend, yielding 7.65% on the latest price. That is 1.3 percentage points below the Asset Management median yield of 8.91%. At the indicated rate that is $1.02 a share a year. The ex-dividend date on file is November 16, 2026. Dividends are recorded for 8 calendar years; 2026 shows 9 payments totalling $0.77 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 total return is +1.74%.

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	$262.34M	7.9
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

The Asset Management industry average P/E ratio is 9.4x. Rivernorth Managed Duration Municipal Income Fund Inc. trades at a P/E of 7.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 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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