RMMZ

RiverNorth Managed Duration Municipal Income Fund II
RMMZ

$16.24
0.12%

Market Cap: $137M

0
Funds holding %
of 6,728 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

2.72% less ownership

Funds ownership: 16.4% [Q1] → 13.69% (-2.72%) [Q2]

5% less funds holding

Funds holding: 21 [Q1] → 20 (-1) [Q2]

13% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 8

16% less capital invested

Capital invested by funds: $22.4M [Q1] → $18.8M (-$3.56M) [Q2]

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

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Research analyst outlook

We haven’t received any recent analyst ratings for RMMZ.

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Financial journalist opinion

Neutral
Business Wire
2 months ago
RiverNorth Closed-End Funds Declare Monthly Distributions
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for July, August and September 2024, as detailed below. Ex Date Record Date Payable Date July 15, 2024 July 15, 2024 July 31, 2024 August 15, 2024 August 15, 2024 August 30, 2024 September 13, 2024 September 13, 2024 September 30, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as.
RiverNorth Closed-End Funds Declare Monthly Distributions
Positive
Seeking Alpha
3 months ago
RMMZ: Hybrid Approach To Municipal Bond Exposure
RiverNorth Managed Duration Municipal Income Fund II is a closed-end fund that provides exposure to municipal bonds. RMMZ utilizes a portfolio that includes individual municipal bonds and a fund-of-funds approach, investing in other CEF muni funds. RMMZ offers a potentially attractive discount and can be used tactically as a swap partner with other similar RiverNorth funds.
RMMZ: Hybrid Approach To Municipal Bond Exposure
Neutral
Business Wire
5 months ago
RiverNorth Closed-End Funds Declare Monthly Distributions
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the Funds have declared distributions for April, May and June 2024, as detailed below. Ex Date Record Date Payable Date April 12, 2024 April 15, 2024 April 30, 2024 May 14, 2024 May 15, 2024 May 31, 2024 June 14, 2024 June 14, 2024 June 28, 2024 Tax-Exempt Distributions1 Fund Name Ticker Distribution Per Share Net Asset Value (NAV) as of 3/28/2024 Annualized Curr.
RiverNorth Closed-End Funds Declare Monthly Distributions
Neutral
Business Wire
8 months ago
RiverNorth Closed-End Funds Declare Monthly Distributions
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the distribution rates have been reset for the calendar year 2024, as detailed below. Further, the Funds have declared distributions for January, February, and March 2024. Ex Date Record Date Payable Date January 12, 2024 January 16, 2024 January 31, 2024 February 14, 2024 February 15, 2024 February 29, 2024 March 14, 2024 March 15, 2024 March 28, 2024 Tax-Exempt.
RiverNorth Closed-End Funds Declare Monthly Distributions
Negative
Seeking Alpha
8 months ago
RMMZ: Interesting Dual Muni Bond Strategy Earns A Sell Rating
RiverNorth Managed Duration Municipal Income Fund II combines two investment strategies in its portfolio. RMMZ has $146.6m in common assets and $231m in total AUM, with a yield of 6.9%. The fund implements a managed duration strategy and shifts allocation between the two strategies based on market conditions.
RMMZ: Interesting Dual Muni Bond Strategy Earns A Sell Rating
Positive
Forbes
9 months ago
3 Tax-Free Dividends To Buy In 2024
Today we're going to use a simple strategy to (legally!) beat the tax man.
3 Tax-Free Dividends To Buy In 2024
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