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Rivernorth Managed Duration Municipal Income Fund Inc.

13.78
+0.13000.95%
Post-market: 13.780.00000.00%16:05 EDT
Volume:58.39K
Turnover:802.84K
Market Cap:272.01M
PE:-4.47
High:13.80
Open:13.80
Low:13.67
Close:13.65
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Company Profile

Company Name:
Rivernorth Managed Duration Municipal Income Fund Inc.
Exchange:
NYSE
Establishment Date:
2019
Employees:
- -
Office Location:
433 West Van Buren Street,Suite 1100-E,Chicago,Illinois,United States
Zip Code:
60607
Fax:
312-832-1461
Introduction:
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.

Directors

Name
Position
Patrick W. Galley
Chairman and President and Chief Executive Officer
David M. Swanson
Independent Director
J. Wayne Hutchens
Independent Director
John K. Carter
Independent Director
Lisa B. Mougin
Independent Director
Jerry Raio
Director

Shareholders

Name
Position
Patrick W. Galley
Chairman and President and Chief Executive Officer
Jonathan M. Mohrhardt
Chief Financial Officer, Treasurer
Marcus L. Collins
Chief Compliance Officer and Secretary