Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM) Announces $0.08 Monthly Dividend

Posted by on Jul 2nd, 2026

Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Investors of record on Friday, August 14th will be paid a dividend of 0.0847 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Friday, August 14th.

Rivernorth Managed Duration Municipal Income Fund Trading Up 0.3%

NYSEARCA:RMM opened at $14.86 on Thursday. The firm’s 50 day simple moving average is $14.44 and its 200 day simple moving average is $14.19. Rivernorth Managed Duration Municipal Income Fund has a one year low of $13.35 and a one year high of $14.88.

About Rivernorth Managed Duration Municipal Income Fund

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Rivernorth Managed Duration Municipal Income Fund Inc is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal debt securities. It seeks to invest in securities of any maturity. The fund employs a combination of fundamental and quantitative analysis. It benchmarks the performance of its portfolio against the Bloomberg Barclays Municipal Bond Index.

See Also

Dividend History for Rivernorth Managed Duration Municipal Income Fund (NYSEARCA:RMM)

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