RMM Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
Nov 6 at 4:00 PM ET (Korea 11/7 06:00)
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리버노스 매니지먼트 더디션 뮤니셜 인컴 펀드 인슈RMM | NYSE | Bond fund 🏛️ A closed-end fund (CEF) managed by RiverNose, this is an income-oriented product that diversifies investments in investment-grade municipal bonds exempt from federal income tax and pays out monthly distributions. It features active management that dynamically adjusts duration in response to the interest rate environment.
Borrowed money is 41% of assets.
Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.
Against the value of what the fund holds it is 8.1% cheaper.
Its holdings are worth $14.30 per share, but it trades at $13.14. That is close to its past-year average (6.0% below value).
Over the past 1 year, roughly in the middle
11% below its 1-year high.
Traded less than usual. That is 43% of its average volume.
Ex-dividend date: November 16
9 days to go. Buy before this date to receive the dividend.
Holding long would have lost money
Bought 5 years ago, your return today would be -32.3%. The S&P 500 did +57% over the same period.
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Dividends are paid consistently
Pays 7.70% annually in dividends.
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Ownership is about average
Institutions hold 20.0%.
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It ranks #963 of 1436 in the industry
Based on market cap of $264M.
HRZN#959 Horizon Technology Finance Corp $265M PER - 
BTBT#961 Bit Digital Inc $265M PER - RMM#963 RiverNorth Managed Duration Municipal Income Fund Inc $264M PER - 
RMBI#966 Richmond Mutual Bancorporation Inc $263M PER 16.3 
FAQ
What kind of CEF is RMM?
RMM is a closed-end fund (CEF).
What is the distribution yield of RMM?
RMM's distribution yield is approximately 7.70%, paid out on a regular basis.
What is the 52-week high and low for RMM?
RMM has recorded a 52-week high of $15.00 and a low of $12.15.
