RMM is Rivernorth Managed Duration Municipal Income Fund Inc. (Financial Services). Trading at $14.19. Current dividend yield: 7.41%.
Dividend snapshot
| Annual dividend rate | $1.05 |
| Current yield | 7.41% |
| Payment frequency | Monthly |
| Next ex-dividend date | Jun 15, 2026 |
| Most recent payment date | May 15, 2026 |
| Last payment amount | $0.0847 |
| 5-year dividend CAGR | -0.22% |
| 3-year dividend CAGR | -0.72% |
| Payout ratio | 569% |
| Market cap | $281M |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-05-15 | $0.0850 |
| 2026-04-15 | $0.0850 |
| 2026-03-16 | $0.0850 |
| 2026-02-13 | $0.0850 |
| 2026-01-15 | $0.0850 |
| 2025-12-15 | $0.0910 |
| 2025-11-14 | $0.0910 |
| 2025-10-15 | $0.0910 |
About RMM
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.
Track RMM in DiviDrip
Add RMM to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search RMM and add your shares.
- View the RMM Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like RMM.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-05-23. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.