RMMZ News and Press, RiverNorth Managed Duration Municipal Income Fund II Inc. From 12/18/23

2023-12-18 05:00:00 ET Today we’re going to use a simple strategy to (legally!) beat the tax man. The key is a (too) often-ignored group of funds whose dividends are beyond the reach of the IRS. The low-risk assets behind this income stream really should be part of any income inv...

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'...

2023-08-11 15:19:37 ET RiverNorth Municipal Income Fund ( NYSE: RMMZ ) had declared $0.0971/share monthly dividend , in line with previous. Payable Aug. 31; for shareholders of record Aug. 15; ex-div Aug. 14. See RMMZ Dividend Scorecard, Yield Chart, & Dividend G...

2023-05-18 11:53:05 ET Summary 6 out of 22 CEF sectors positive on price and 10 out of 22 sectors positive on NAV last week. XFLT boosts distribution by +16.44%. Distribution level highest since inception in 2017. Author’s note: This article was released to CEF/...

2023-04-04 04:52:33 ET RiverNorth Municipal Income Fund ( NYSE: RMMZ ) declares $0.0971/share monthly dividend , in line with previous. Forward yield 7.77% Payable April 28; for shareholders of record April 14; ex-div April 13. Payable May 31; for shareholders ...

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 The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors for 2023, as credit spreads are likely to widen, dragging down taxable bond NAV...

RiverNorth Municipal Income Fund ( NYSE: RMMZ ) had declared $0.0971/share monthly dividend , -6.8% decrease from prior dividend of $0.1042. Forward yield 7.42% Payable Jan. 31; for shareholders of record Jan. 13; ex-div Jan. 12. Payable Feb. 28; for shareholders o...

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...