RiverNorth Managed Duration Municipal Income Fund, Inc. (RMM)
The Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is a closed-end investment vehicle dedicated to fixed-income assets. It was launched and is managed by RiverNorth Capital Management, LLC, with MacKay Shields LLC serving as co-manager. The fund's strategy involves investing in the U.S. fixed-income markets, with a primary focus on investment-grade municipal debt across all maturities. To guide its investment decisions, the fund utilizes a combination of fundamental and quantitative analysis, underpinned by proprietary research for portfolio construction. Its performance is measured against the Bloomberg Barclays Municipal Bond Index. This fund, domiciled in the United States, commenced operations on July 26, 2019.
Industry: Asset Management - Income
Rivernorth Managed Duration Municipal Income Fund Inc.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
based on 19.74M shares outstanding
USThe Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) is a closed-end investment vehicle dedicated to fixed-income assets.
It was launched and is managed by RiverNorth Capital Management, LLC, with MacKay Shields LLC serving as co-manager. The fund's strategy involves investing in the U.S. fixed-income markets, with a primary focus on investment-grade municipal debt across all maturities. To guide its investment decisions, the fund utilizes a combination of fundamental and quantitative analysis, underpinned by proprietary research for portfolio construction.
Its performance is measured against the Bloomberg Barclays Municipal Bond Index. This fund, domiciled in the United States, commenced operations on July 26, 2019.
Leadership
Jerry R. Raio
Interested Director
Jonathan M. Mohrhardt
Chief Financial Officer, Treasurer
Marcus L. Collins
Chief Compliance Officer and Secretary
Patrick W. Galley
Chairman and President
Employees
--
Country
US
Sector
Financial Services
Website
rivernorth.com
| Insider | Title | Type | Shares | Value | Date |
|---|---|---|---|---|---|
 Browne Jonathan Paul | -- | Purchase | 800 | $10.4K | Apr 10, 2025 |
 Galley Patrick W. | President | Purchase | 2.0K | $26.3K | Apr 9, 2025 |
| Galley Patrick W. | President | Purchase | 2.0K | $26.3K | Apr 9, 2025 |
| Galley Patrick W. | President | Purchase | 2.0K | $26.4K | Apr 8, 2025 |
| Galley Patrick W. | President | Purchase | 2.0K | $26.2K | Apr 8, 2025 |
| Galley Patrick W. | President | Purchase | 2.0K | $26.3K | Apr 8, 2025 |
| Name | Shares | % | Source |
|---|---|---|---|
ROBINSON CAPITAL MANAGEMENT, LLC | 409.4K | 2.1% | 13F |
WELLS FARGO & COMPANY/MN | 404.9K | 2.1% | 13F |
GUGGENHEIM CAPITAL LLC | 300.8K | 1.5% | 13F |
Advisors Asset Management, Inc. | 288.7K | 1.5% | 13F |
ROYAL BANK OF CANADA | 250.1K | 1.3% | 13F |
MORGAN STANLEY | 241.2K | 1.2% | 13F |
UBS Group AG | 176.2K | 0.9% | 13F |
ProVise Management Group, LLC | 170.5K | 0.9% | 13F |
Arax Advisory Partners | 167.2K | 0.8% | 13F |
Kestra Advisory Services, LLC | 165.8K | 0.8% | 13F |
Insiders
based on 19.74M shares outstanding
US30d Avg
92.36K
60d Avg
77.76K
90d Avg
64.47K