Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) NYSE

13.63

-0.04(-0.29%)

Updated at December 24 12:59PM

Currency In USD

Rivernorth Managed Duration Municipal Income Fund Inc.

Address

325 North LaSalle Street

Chicago, IL 60654

United States of America

Phone

312-832-1440

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

July 26, 2019

Key Executives

NameTitlePayYear Born
David DowdenPortfolio Manager01966
John Michael LoffredoPortfolio Manager01965
Patrick William GalleyPortfolio Manager01975
Robert Alan DiMellaPortfolio Manager01967
Robert Patrick BurkePortfolio Manager0N/A
Scott SprauerPortfolio Manager0N/A
Stephen Andrew O'NeillPortfolio Manager01979
W. Michael PettyPortfolio Manager0N/A

Description

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. The fund employs proprietary research to create its portfolio. Rivernorth Managed Duration Municipal Income Fund Inc. was formed on July 26, 2019 and is domiciled in the United States.