Equities

RiverNorth Managed Duration Municipal Income Fund II, Inc

RMMZ:NYQ

RiverNorth Managed Duration Municipal Income Fund II, Inc

Actions
FinancialsClosed End Investments
  • Price (USD)15.64
  • Today's Change0.055 / 0.35%
  • Shares traded27.46k
  • 1 Year change+8.58%
  • Beta--
Data delayed at least 15 minutes, as of Nov 22 2024 19:35 GMT.
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About the company

RiverNorth Managed Duration Municipal Income Fund II, Inc. (the Fund) is a closed-end management investment company. The Fund’s primary investment objective is current income exempt from regular United States (U.S) federal income taxes. The Fund’s secondary investment objective is total return. The Fund seeks 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 (Municipal Bonds). The Fund may also invest in underlying funds that invest in securities. The Fund invests in various sectors, which include closed-end funds, municipal bonds, short-term investments. The Fund’s investment adviser is RiverNorth Capital Management, LLC.

  • Revenue in USD (TTM)--
  • Net income in USD--
  • Incorporated2021
  • Employees--
  • Location
    RiverNorth Managed Duration Municipal Income Fund II, Inc360 S. Rosemary Ave, Suite 1420WEST PALM BEACH 33401United StatesUSA
  • Phone+1 (312) 832-1440
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Clough Global Equity Fund-100.00bn-100.00bn128.16m--------------------------------------------------20.88--91.90------
Marblegate Acquisition Corp0.00-2.70m128.91m-----------0.2276-0.22760.00-1.670.00-------43.68---47.72-----------------------538.06------
Pyrophyte Acquisition Corp0.001.47m129.64m--81.972.34----0.13970.13970.004.900.00------1.72--1.78--------------0.0605-------76.22------
Blue Ocean Acquisition Corp0.00823.70k129.72m0.00439.5412.99157.49--0.0260.0260.000.88170.00------0.741--0.7775--------------0.269-------65.06------
abrdn National Municipal Income Fund-100.00bn-100.00bn129.78m--------------------------------------------------------------
New Germany Fund Inc.3.19m-11.89m129.92m----0.8084--40.71-0.7306-0.73060.19499.860.0177--11.37---6.58---6.97--45.49---372.69----0.08340.00--1.87--122.59------
MainStreetChamber Holdings Inc0.00-864.62k130.32m0.00---------0.0985-0.09850.00-0.06050.00-------4,093.26-863.98---------------4.42--------87.21------
NXG Cushing Midstream Energy Fund13.48m35.96m130.62m--3.211.07--9.6913.9513.955.2841.970.1009--2.51--26.925.6336.157.5784.8588.59266.8290.71----0.2952114.92-75.7913.84-81.274.77--6.05
Athena Technology Acquisition Corp II0.00-1.30m130.69m-----------0.1106-0.11060.00-0.1180.00-------6.34---8.98-----------------------7.87------
Cantor Equity Partners Inc-100.00bn-100.00bn131.39m----1.30----------7.88----------------------------0.0045-------3,705.34------
Western Asset Premier Bond Fund-100.00bn-100.00bn131.47m--------------------------------------------------------------
RiverNorth Mngd Drtn Mncpl ncm Fnd , nc-100.00bn-100.00bn131.73m---------------------------------------------------6.24--62.73------
Pearl Diver Credit Company Inc-100.00bn-100.00bn134.18m--------------------------------------------------------------
John Hancock Income Securities Trust-100.00bn-100.00bn134.40m--------------------------------------------------------------
Ellsworth Growth and Income Fund Ltd5.96m7.68m135.15m--17.661.02--22.660.55510.55510.433612.700.0326--2.95--5.484.325.554.3476.2763.58168.27204.01----0.00191.0677.097.43107.13-26.78--1.61
Enphys Acquisition Corp0.007.53m135.39m--39.895.6517.99--0.27930.27930.001.970.00------3.79--3.81--------------0.0503-------1.92------
Data as of Nov 22 2024. Currency figures normalised to RiverNorth Managed Duration Municipal Income Fund II, Inc's reporting currency: US Dollar USD

Institutional shareholders

12.21%Per cent of shares held by top holders
HolderShares% Held
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Sep 2024197.82k2.34%
RBC Capital Markets LLC (Investment Management)as of 30 Sep 2024197.07k2.33%
Karpus Management, Inc.as of 30 Sep 2024173.88k2.06%
Wells Fargo Clearing Services LLCas of 30 Sep 2024163.95k1.94%
UBS Financial Services, Inc.as of 30 Sep 2024139.77k1.65%
Wedbush Securities, Inc. (Investment Management)as of 30 Sep 202450.08k0.59%
Wells Fargo Advisors Financial Network LLCas of 30 Sep 202435.14k0.42%
Stifel Nicolaus & Co., Inc. (Investment Management)as of 30 Sep 202434.88k0.41%
LPL Financial LLCas of 30 Sep 202420.65k0.24%
Fairhaven Wealth Management LLCas of 30 Sep 202418.77k0.22%
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Data from 30 Sep 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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