RiverNorth Managed Duration Municipal Income Fund Inc is a US-based company operating in industry. The company is headquartered in West Palm Beach, Florida. The company went IPO on 2019-07-26. RiverNorth Managed Duration Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The Fund’s secondary investment objective is total return. The Fund’s investment strategy includes Tactical Municipal Closed-End Fund (CEF) Strategy and Municipal Bond Income Strategy. The Tactical Municipal CEF Strategy typically invests in municipal CEFs and exchange-traded funds (ETFs) and other investment companies. The Municipal Bond Income Strategy primarily invests in municipal debt securities of any credit quality, including securities that are rated below investment grade. The Fund’s investment adviser is RiverNorth Capital Management, LLC and the Fund’s sub-adviser is MacKay Shields, LLC.
RMM stock price ended at $13.89 on 火曜日, after rising 0.29%
On the latest trading day Jan 27, 2026, the stock price of RMM rose by 0.29%, climbing from $13.86 to $13.89. During the session, the stock saw a volatility of 0.73%, with prices oscillating between a daily low of $13.79 and a high of $13.89. Notably, trading volume dropped by 61.5K shares on the last day despite the price increase, which may signal a potential uptick in risk in the near term. A total of 113.2K shares were traded, equating to a market value of approximately $274.1M.