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Rivernorth Managed Duration Municipal Income Fund II Inc

Rivernorth Managed Duration Municipal Income Fund II Inc (RMMZ)

15.4499
0.0599
(0.39%)
Closed March 12 3:00PM
15.4499
0.00
(0.00%)
After Hours: 3:00PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
15.4499
Bid
-
Ask
-
Volume
16,600
15.2596 Day's Range 15.6881
14.70 52 Week Range 16.56
Market Cap
Previous Close
15.39
Open
15.29
Last Trade
100
@
15.4499
Last Trade Time
Financial Volume
US$ 255,813
VWAP
15.4104
Average Volume (3m)
34,720
Shares Outstanding
19,739,628
Dividend Yield
7.52%
PE Ratio
27.15
Earnings Per Share (EPS)
0.57
Revenue
9.48M
Net Profit
11.23M

About Rivernorth Managed Duration Municipal Income Fund II Inc

The Funds primary investment objective is current income exempt from regular U.S. federal income taxes. Fund will seek to achieve its investment objectives by investing, directly or indirectly, at least 80% of its Managed Assets in municipal bonds, the interest on which is, in the opinion of bond co... The Funds primary investment objective is current income exempt from regular U.S. federal income taxes. Fund will seek to achieve its investment objectives by investing, directly or indirectly, at least 80% of its Managed Assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax. Show more

Sector
Unit Inv Tr, Closed-end Mgmt
Industry
Unit Inv Tr, Closed-end Mgmt
Headquarters
Baltimore, Maryland, USA
Founded
-
Rivernorth Managed Duration Municipal Income Fund II Inc is listed in the Unit Inv Tr, Closed-end Mgmt sector of the New York Stock Exchange with ticker RMMZ. The last closing price for Rivernorth Managed Durat... was US$15.39. Over the last year, Rivernorth Managed Durat... shares have traded in a share price range of US$ 14.70 to US$ 16.56.

Rivernorth Managed Durat... currently has 19,739,628 shares outstanding. The market capitalization of Rivernorth Managed Durat... is US$303.79 million. Rivernorth Managed Durat... has a price to earnings ratio (PE ratio) of 27.15.

RMMZ Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.3701-2.339443742115.8215.8915.3551318315.64095682CS
4-0.5401-3.3777360850515.9915.9915.3552083915.80250806CS
120.10490.68361029651415.34516.4514.73472015.31812574CS
26-0.5994-3.7347423252116.049316.5614.73038815.63584566CS
52-0.6301-3.9185323383116.0816.5614.72474815.74573007CS
156-4.5501-22.75052020.5112.922643315.60816417CS
260-4.4501-22.362311557819.920.5112.922885015.97264892CS

RMMZ - Frequently Asked Questions (FAQ)

What is the current Rivernorth Managed Durat... share price?
The current share price of Rivernorth Managed Durat... is US$ 15.4499
How many Rivernorth Managed Durat... shares are in issue?
Rivernorth Managed Durat... has 19,739,628 shares in issue
What is the market cap of Rivernorth Managed Durat...?
The market capitalisation of Rivernorth Managed Durat... is USD 303.79M
What is the 1 year trading range for Rivernorth Managed Durat... share price?
Rivernorth Managed Durat... has traded in the range of US$ 14.70 to US$ 16.56 during the past year
What is the PE ratio of Rivernorth Managed Durat...?
The price to earnings ratio of Rivernorth Managed Durat... is 27.15
What is the cash to sales ratio of Rivernorth Managed Durat...?
The cash to sales ratio of Rivernorth Managed Durat... is 32.19
What is the reporting currency for Rivernorth Managed Durat...?
Rivernorth Managed Durat... reports financial results in USD
What is the latest annual turnover for Rivernorth Managed Durat...?
The latest annual turnover of Rivernorth Managed Durat... is USD 9.48M
What is the latest annual profit for Rivernorth Managed Durat...?
The latest annual profit of Rivernorth Managed Durat... is USD 11.23M
What is the registered address of Rivernorth Managed Durat...?
The registered address for Rivernorth Managed Durat... is 245 WEST CHASE STREET, BALTIMORE, MARYLAND, 21201
Which industry sector does Rivernorth Managed Durat... operate in?
Rivernorth Managed Durat... operates in the UNIT INV TR, CLOSED-END MGMT sector

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Discussion

View Full Feed
TradingCharts TradingCharts 4 minutes ago
My opinion brine resources are more valueable than DLE patents.
AZLAF
juicyjuice10002 juicyjuice10002 4 minutes ago
There is no need to delay. Those who wanted shares got them in last few days. I expect $10.00 on Friday/Monday. There will be not immediate release but immediate listing announced by next Friday. It will trade on NYSE in two weeks.
FNMA
Nukemtiltheyglow Nukemtiltheyglow 4 minutes ago
You're wrong, look it up 
AMRN
Matteo2017 Matteo2017 5 minutes ago
Come on Rick... give us some f'n news already!!!
KYNC
ProfitChaser ProfitChaser 7 minutes ago
Saw this the other day. Not sure if you saw it or not. I like it tho. LOL. Not hard to figure out who is behind this.

MIGA - stands for Make Iraq Great Again. Iraq has it all over the place...This is good for Iraq. It'll be good for Iraq... Cockroaches, got to get rid of them...
Steady_T Steady_T 8 minutes ago
First, there is the accusation that there are paid pumpers. Got any evidence of that, any at all?

Second, why would some one that thinks WGT have an issue with someone that agrees with them?

Third, why do you feel the need to label people? Why not just let their opini
AVXL
Milesblue42 Milesblue42 8 minutes ago
***MAJOR RED FLAG in my opinion 🚩***

We should have between $11M and $13M in revenues in 2024. Reported very soon. Hopefully they start to give us more PR's with this new year!

So millions of dollars worth of Revenues that is UNAUDI
GGSM
europa7 europa7 10 minutes ago
Banks discuss swift move to new system
Mar 12, 2025
https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-discuss-swift-move-to-new-system/articleshow/118717749.cms?from=mdr

Synopsis
"...Indian banks are collaborating with the international m
HBARUSD
TucsonPhil TucsonPhil 12 minutes ago
I think that David Schweikert, United States Representative from Arizona, shows very well that the cuts that DOGE claims, do not even approach what is needed to address the national debt.

https://m.youtube.com/watch?v=TCyysMU66VA

This is all a pony show, meant to make t
TSLA
12yearplan 12yearplan 12 minutes ago
Omo, bro,.. don't ask for investment advice from messy boreds and don't post
When high 🤑
Zorax Zorax 13 minutes ago
And dem Schiff is really getting into his podcasts and I think it's great... he explains CR here as well. It's good to see the podcasts grow on our independent news sources.

https://www.youtube.com/watch?v=Vobvw7JLuEM

Are a few actually growing some spines?
Good
StockItOut StockItOut 13 minutes ago
I taught you how to be smarter. And you still got a problem?

But if XTI can pull it off, more power to them.



Then, that stock will fly.



.
XERI
Lime Time Lime Time 13 minutes ago
You are pouting.
boomer0921 boomer0921 15 minutes ago
You are right about one thing IMVHO, A reverse split is out the window as an option for increased shareholder value. The 10-K just might surprise some people after all. We wait patiently for the risk reward.
ASII
Ronnie Replay Ronnie Replay 16 minutes ago
Incorrect because it is irrelevant and not a requirement.
SAPX
Top Penny Top Penny 20 minutes ago
I'm buying 16 million shares come 4/1/25 if .0001 is still around!
PSRU
hweb2 hweb2 20 minutes ago
"I pick low PE, strong growth, healthy companies, and have had the same strategy for 20 years. Unfortunately my strategy has not been working for some time now."

Hmmm I'm guessing because the only 2 stocks you're holding...GERN & IART...are not 'low PE, strong growth, healthy companie
GERN
seve333 seve333 20 minutes ago
They were going to he delisted only a rs saved them. They basically were delisted without this horrible rs.They were never going get it over a buck themselves. Read the below and learn this is when you buy. And sarissa is not buying now they want it much lower first. You are way to early buying tod
AMRN
gfp927z gfp927z 20 minutes ago
>>> Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments’


CNBC

Mar 12 2025


https://www.cnbc.com/2025/03/12/ray-dalio-warns-growing-us-debt-will-lead-to-shocking-developments.html


Key
JustGoDeep JustGoDeep 21 minutes ago
Hmm, Are You Planning On-Buying The Company?
BIEL
gfp927z gfp927z 21 minutes ago
>>> Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments’


CNBC

Mar 12 2025


https://www.cnbc.com/2025/03/12/ray-dalio-warns-growing-us-debt-will-lead-to-shocking-developments.html


Key
stockprofitter stockprofitter 21 minutes ago
If money$ are needed they will sell a new P share and raise as much as they want.

The new P share will not carry voting rights.
FNMA
jimr1717 jimr1717 21 minutes ago
Noted and Correct
SAPX
Cameron12221 Cameron12221 22 minutes ago
Exciting times.
RDGL
PEACHMAN PEACHMAN 22 minutes ago
The IFUS Joint Venture in India is not wishful thinking dope..

Ya better tell your short bosses thar IFUS is real and the phase one of Joint venture is just getting started


https://www.youtube.com/watch?v=LNMWypYNvpY

IFUS STRONG
IFUS