RMM News and Press, RiverNorth Managed Duration Municipal Income Fund Inc From 12/24/23

2023-12-24 15:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-11-08 17:41:16 ET Summary RMM has seen a negative total return since my prior review years ago. Going forward, I'm reluctant to place a buy rating on it. The use of return of capital is extensive, suggesting a distribution cut will occur in 2024. Munis as a whole have mer...

2023-10-04 09:34:59 ET Summary 2 out of 22 CEF sectors positive on price and 1 out of 22 sectors positive on NAV. PIMCO Energy & Tactical Credit Opps will change its investment policy to a multisector fixed income fund. This will likely provide a tailwind to the NRGX fund'...

2023-09-19 05:20:05 ET Summary RiverNorth Capital Management offers several closed-end funds with municipal bond exposure, presenting an opportunity for swap trades. RMM is trading at a narrow discount on an absolute and relative basis, while RFMZ presents a relatively more attrac...

2023-04-04 04:54:50 ET RiverNorth Managed Duration Municipal Income Fund ( NYSE: RMM ) declares $0.0911/share monthly dividend , in line with previous. Forward yield 7.28% Payable April 28; for shareholders of record April 14; ex-div April 13. Payable May 31; f...

The RiverNorth closed-end funds (the “Funds”) have declared monthly distributions for April, May and June 2023 in accordance with each Fund’s level distribution policy. In addition, the RiverNorth Flexible Municipal Income Fund, Inc. has declared a capital gain distribution. ...

Summary We recently touched on RFM, and today, we are looking at RMM, its slightly older sister fund. RMM and RFM share many similarities, which means they face the same negatives in the future. However, RMM has historically provided more tax-friendly tax characteristics to its dist...

Summary 2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results. Why it pays to monitor your CEF holdings for corporate actions. Author's note: This article was released to CEF/ETF Income Laborato...

We’ve got plenty of high-quality dividends on the table as we roll into 2023. Some of the best? Closed-end funds (CEFs) yielding north of 7.5%. Three specific names and tickers are coming up for you below. I mention quality because if 2022 has showed us anything, it’s that quali...

RiverNorth Managed Duration Municipal Income Fund ( NYSE: RMM ) declares $0.0929/share monthly dividend , in line with previous. Forward yield 6.94% Payable July 29; for shareholders of record July 15; ex-div July 14. Payable August 31; for shareholders of reco...