RiverNorth Managed Duration Municipal Income Fund Inc. Common Stock (RMM)

FairStock Score: 22/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

This fund is not an operating company; it is a closed-end municipal bond fund. That changes the lens. I see a $13.05 close on 2026-10-13, a $279.9 million market capitalization, and a 7.79% distribution yield. The fund mainly buys U.S. investment-grade municipal debt and can hold any maturity, so credit quality may be the easier part; duration and rate moves are the real risk. On valuation, FairStock’s P/E is 7.77 at the 2026-10-13 close, and its Graham Number is $24.10, producing a stated 45.85% margin of safety. That looks wide, but for a bond fund I would want net asset value and distribution coverage, neither of which is in this fact set, before trusting it. Financial health signals are weak: FairStock’s Piotroski F-Score is 2/9, Altman Z-Score is 0.81, and the FairStock Score is 22/100. The Lynch category is none because there are only 0 years of filed results, so no track record can be judged. The 52-week range is $12.15-$15.00; at $13.05 the shares sit near the low end. That can signal opportunity or persistent discount/NAV erosion. A 7.79% yield is attractive, but high distributions can be a warning if they exceed investment income. Missing ROE, ROCE, debt, and growth data make a true Graham-style appraisal incomplete. I would require evidence of stable or rising net asset value, distribution coverage, and a discount to NAV before calling this a bargain. Until then, price alone is not enough.

In plain English: RiverNorth Managed Duration Municipal Income Fund is a closed-end fund that invests mainly in U.S. investment-grade municipal bonds. The available numbers are mixed: the price looks potentially cheap against one calculated value measure, but the financial-health signals are weak and important fund details like net asset value and distribution coverage are not provided. It offers a high income yield, and its share price is near the low end of its 52-week range.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer