RMMZ News and Press, RiverNorth Managed Duration Municipal Income Fund II Inc. From 11/13/22

Summary We review CEF market valuation and performance through the first week of November and highlight recent market action. CEFs were broadly flat on the week with equity-linked sectors underperforming. We discuss some of the key questions surrounding the tax-loss season. ...

River North Municipal Income Fund ( NYSE: RMMZ ) declares $0.1042/share monthly dividend , in line with previous. Forward yield 7.99% Payable Oct. 31; for shareholders of record Oct. 14; ex-div Oct. 13. Payable Nov. 30; for shareholders of record Nov. 15; ex-di...

RiverNorth Municipal Income Fund ( NYSE: RMMZ ) declares $0.1042/share monthly dividend , in line with previous. Forward yield 7.62% Payable July 29; for shareholders of record July 15; ex-div July 14. Payable August 31; for shareholders of record August 17; ex...

0 out of 23 CEF sectors positive on price and 0 out of 23 sectors positive on NAV last week. Commodities lead while MLPs lag. MLPs are the most discounted CEF sector. For further details see: Weekly Closed-End Fund Roundup: June 19, 2022

For the second month in three, equity CEFs on average witnessed positive returns, rising 0.73% on a NAV basis for May. While for the fifth consecutive month, fixed income CEFs posted returns in the red (-0.40%). Only 20% of all CEFs traded at a premium to their NAV at month end, w...

(NYSE:RMMZ) has declared $0.1042/share monthly dividend, in line with previous. Payable April 29; for shareholders of record April 14; ex-div April 13. Payable May 31; for shareholders of record May 13; ex-div May 12. Payable June 30; for shareholders of record June 16; ex-div June 15. S...

Several RiverNorth closed-end funds (the “Funds”) have announced the declaration of monthly distributions for April, May and June 2022 in accordance with each Fund’s level distribution policy, as detailed below. Tax-Exempt Distributions 1 Taxable D...

RMMZ Announces the Approval of a 6.25% Level Distribution Policy and Declares Monthly Distribution RiverNorth Capital Management, LLC (“RiverNorth”), an investment management firm specializing in opportunistic strategies, announced the launch of the RiverNo...