TheEdgeResearch
Home / Stocks / RMMZ

RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)

NYSE Financial Services Asset Management - Income
$13.29 ▲ +0.00%
Market Cap
$112.4M
Sector
Financial Services
Industry
Asset Management - Income
Beta
0.71
52-Wk Range
13.26-15.29
CEO
—
Country
US
Currency
USD

RiverNorth Managed Duration Municipal Income Fund II, Inc. operates in the Asset Management - Income industry of the Financial Services sector, headquartered in West Palm Beach, FL, US. The stock last traded at $13.29, up 0.00% on the session, giving a market capitalisation of $112.4M. On trailing twelve-month figures it carries a trailing P/E of 0.00, a net margin of 83.2%. Its beta of 0.71 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
0.00
Price / Sales
6.56
Price / Book
0.00
EV / EBITDA
14.23
Gross margin
84.1%
Operating margin
83.2%
Net margin
83.2%
Return on equity
—
Debt / equity
0.69
Current ratio
3.38
Dividend yield
8.2%
Payout ratio
65.5%
Company profile
Exchange
New York Stock Exchange
Employees
—
IPO date
2022-02-11
Headquarters
West Palm Beach, FL, US
About RiverNorth Managed Duration Municipal Income Fund II, Inc.

The RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) is structured as a diversified, closed-end management investment vehicle. Its primary aim is to produce current income that is not subject to regular U.S. Federal income tax, with a secondary objective of achieving total return. The firm maintains its principal operations in Chicago, Illinois.

Comparable companies

RiverNorth Managed Duration Municipal Income Fund II, Inc. is most often compared with the following Financial Services names:

BTACXEETGAXETMAXFLBDXHCYIXIAFPAIPFOTMLPX
More research on RMMZ
RMMZ technical analysis RMMZ TheEdge Score Compare against peers
Open full interactive analysis & DCF →