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RMMZ
Upturn stock ratingUpturn stock rating

RiverNorth Managed Duration Municipal Income Fund II Inc. (RMMZ)

Upturn stock ratingUpturn stock rating
$15.22
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/27/2025: RMMZ (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -11.21%
Avg. Invested days 39
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 129.02M USD
Price to earnings Ratio 19.27
1Y Target Price -
Price to earnings Ratio 19.27
1Y Target Price -
Volume (30-day avg) 20313
Beta -
52 Weeks Range 14.23 - 16.25
Updated Date 03/27/2025
52 Weeks Range 14.23 - 16.25
Updated Date 03/27/2025
Dividends yield (FY) 8.22%
Basic EPS (TTM) 0.79

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE 19.27
Forward PE -
Enterprise Value -
Price to Sales(TTM) 19.19
Enterprise Value -
Price to Sales(TTM) 19.19
Enterprise Value to Revenue 32.73
Enterprise Value to EBITDA -
Shares Outstanding 8455000
Shares Floating -
Shares Outstanding 8455000
Shares Floating -
Percent Insiders 0.1
Percent Institutions 11.41

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

RiverNorth Managed Duration Municipal Income Fund II Inc.

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Company Overview

History and Background

RiverNorth Managed Duration Municipal Income Fund II Inc. is a closed-end management investment company. It focuses on providing current income exempt from federal income tax. Founded to capitalize on opportunities in the municipal bond market.

Core Business Areas

  • Municipal Bond Investments: Investing in a portfolio of municipal securities with the goal of providing federally tax-exempt income.

Leadership and Structure

The fund is managed by RiverNorth Capital Management, LLC. Specific individual leadership details may vary and are subject to change.

Top Products and Market Share

Key Offerings

  • Municipal Bond Fund: The fund invests in various municipal bonds. Market share data is generally not applicable to specific fund structures like this. Competitors are other municipal bond funds (see 'Competitors' section).

Market Dynamics

Industry Overview

The municipal bond market is influenced by factors such as interest rates, credit ratings, and economic conditions. Demand for tax-exempt income drives the market.

Positioning

The fund aims to provide a high level of tax-exempt income while managing duration risk.

Total Addressable Market (TAM)

The total US Municipal bond market is multi-trillion dollar market. The fund holds a very small portion of this market

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Tax-Exempt Income
  • Managed Duration Strategy

Weaknesses

  • Interest Rate Risk
  • Credit Risk of Municipal Bonds
  • Limited Liquidity

Opportunities

  • Increased Demand for Tax-Exempt Income
  • Potential for Capital Appreciation
  • Expansion of Investment Mandate

Threats

  • Rising Interest Rates
  • Deterioration of Municipal Credit Quality
  • Changes in Tax Laws

Competitors and Market Share

Key Competitors

  • Nuveen AMT-Free Quality Municipal Income Fund (NEA)
  • BlackRock Municipal Income Trust (BLE)
  • PIMCO Municipal Income Fund II (PML)

Competitive Landscape

The fund competes with other closed-end municipal bond funds for investor capital. Key differentiators include investment strategy, management expertise, and distribution rate.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Growth is tied to the performance of the municipal bond market and the fund's investment strategy.

Future Projections: Future growth depends on interest rate outlook, municipal bond credit quality, and overall market conditions.

Recent Initiatives: Active management of the fund's duration and credit exposure.

Summary

RiverNorth Managed Duration Municipal Income Fund II Inc. is a closed-end fund providing tax-exempt income by investing in municipal bonds. It's strengths lie in its experienced management and targeted duration strategy. However, it faces threats from rising interest rates and credit risk. The fund's success hinges on effective portfolio management and favorable market conditions.

Similar Companies

  • NEA
  • BLE
  • PML

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Financial News Outlets
  • RiverNorth Capital Management Website

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and the advice of a qualified financial advisor. Market share estimates are based on assets under management and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About RiverNorth Managed Duration Municipal Income Fund II Inc.

Exchange NYSE
Headquaters West Palm Beach, FL, United States
IPO Launch date 2022-02-11
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website
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