Skip to main content
    R

    RiverNorth Managed Duration Municipal Income Fund Inc (RMM)

    Official site

    FINANCIAL SERVICES • ASSET MANAGEMENT • NYSE

    $13.15
    +0.29 (+2.21%)

    Market Cap: $257.60M

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    PeriodReportedEst.SurpriseB/MYoY
    Dec 22
    Reported Mar 10
    $0.40$0.00N/ABeat-79.2%
    Jun 22
    Reported Sep 8
    $-3.28$0.00N/AMiss-101.2%
    Dec 21
    Reported Mar 11
    $0.20$0.00N/ABeat-
    Jun 21
    Reported Sep 7
    $1.58$0.00N/ABeat-
    Dec 20
    Reported Mar 5
    $1.92$0.00N/ABeat-
    Jun 20
    Reported Sep 9
    $-1.63$0.00N/AMiss-

    Dividends

    Dividend Metrics

    Forward Yield7.73%
    Forward Annual Dividend$1.02
    Payout Ratio55.57%
    FrequencyMonthly
    Pay MonthsJan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec

    Growth

    3Y CAGR-0.87%
    5Y CAGR-0.26%

    Key Metrics

    Valuation
    P/E RatioN/AEV/EBITDAN/A
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin0.00%Operating Margin0.00%
    ROE-1666.00%ROICN/A
    Financial Health
    Debt/Equity0.65xInterest CoverageN/A
    Current RatioN/AQuick RatioN/A
    Trading Statistics
    BetaN/AAvg Volume100.89K
    52-Week High$14.8052-Week Low$12.15

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$12.80
    SMA 20$12.83
    SMA 50$13.58
    SMA 200$13.84
    EMA 10$12.88
    EMA 20$12.97
    EMA 50$13.38
    EMA 200$13.67

    MACD

    Line: -0.18Signal: -0.28Hist: 0.10

    ADX

    ADX: 30.9+DI: 24.2-DI: 19.9

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down52.0
    PSAR$12.40

    Bollinger Bands

    Upper Band$13.45
    Lower Band$12.21
    %B Position966%(Upper)
    Band Width0.76

    RSI (14-Day)

    Neutral
    52.1

    Momentum Oscillators

    Stoch %K80.4
    Stoch %D77.7
    Williams %R-20.9
    ROC (10d)4.5%
    Momentum0.56
    CCI (20d)87.7
    MFI (14d)52.2

    Volatility Measures

    ATR (14d)$0.28(2.1%)
    StdDev (20d)0.31
    Hist Vol22.5%(Moderate)

    Volume Flow

    VWAP$13.19
    OBV1.3M
    AD Line-301.9M
    CMF (20d)-0.173

    Volume Metrics

    Avg Vol (20d)103.7K
    Vol Ratio1.3x
    VWMA (20d)$12.74

    Pivot Points

    R3$13.39
    R2$13.28
    R1$13.08
    Pivot Point$12.97
    S1$12.77
    S2$12.66
    S3$12.46

    Advanced Oscillators

    TSI-20.86
    Ultimate Osc45.2
    KST-71.41

    Financial Data

    QuarterJun 2026Dec 2025Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019
    Total Revenue$19.38M$4.70M$11.66M$10.00M$9.85M$9.43M$10.73M$7.73M
    Cost of Revenue$3.52M$3.42M$5.41M$5.10M$5.03M$5.14M$6.91M$5.17M
    Gross Profit$15.86M$1.29M$6.24M$4.90M$4.82M$4.30M$3.81M$2.56M
    Operating Expenses$-1,784,130$-20,342,942N/AN/AN/AN/A$15,920$10,870
    R&D$0$0$0$0$0$0$0$0
    SG&A$0$0$30,530$20,770$24,210$17,990$15,910$10,880
    Operating Income$17.64M$21.63M$6.21M$4.88M$4.80M$4.28M$3.80M$2.55M
    Interest Income$0$0$71.05M$920,640$26.40M$33.69M$35.90M$12.23M
    Interest Expense$2.66M$3.10M$71.05M$920,650$0$0$35.90M$12.23M
    Income Before Tax$14.98M$18.53M$-64,839,840$3.95M$31.19M$37.97M$-32,102,570$-32,728,670
    Income Tax Expense$0$0$0$0$0$0$71.80M$-119,310,380
    Net Income$14.98M$18.53M$-64,839,840$3.95M$31.19M$37.97M$-103,902,670$86.58M
    EBITDA$17.64M$21.63MN/AN/AN/AN/A$-68,002,620$51.47M
    EBITN/AN/AN/AN/AN/AN/A$3.80M$27.01M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about RMM

    News

    RMM Valuation and Fair Value

    RMM Profitability: Margins, ROIC and FCF

    Gross margin
    71.2%
    Operating margin
    0.0%
    Net margin
    0.0%
    ROE
    -1666.0%
    FCF margin
    61.0%

    RMM Bull Case vs Bear Case

    Bull case

    • RMM converts 61.0% of revenue into free cash flow.

    RMM Earnings: Beat Rate and Next Report

    Beat rate
    4 of 6 quarters (66.7%)

    RMM Dividend

    Forward yield
    7.7%
    Payout ratio
    55.6%
    3Y DPS growth
    -0.9%
    5Y DPS growth
    -0.3%
    Pay months
    Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec
    RMM dividend history

    Frequently Asked Questions About RMM

    What is RMM's current dividend yield?

    RiverNorth Managed Duration Municipal Income Fund Inc (RMM) has a forward dividend yield of 7.73%.

    Does RMM pay dividends?

    Yes, RiverNorth Managed Duration Municipal Income Fund Inc pays dividends with a forward dividend yield of 7.73%.

    What is RMM's market cap?

    RiverNorth Managed Duration Municipal Income Fund Inc (RMM) has a market capitalization of $257.60M with a current stock price of $13.15.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.