RMMZ (RiverNorth Managed Duration Municipalome Fund II) Float Percentage Of Total Shares Outstanding: 99.94% (As of Jul. 26, 2026)

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RMMZ RiverNorth Managed Duration Municipal Income Fund II Inc RMMZ
30 GF Score
Price $14.72
! 3 Warning Signs
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What is RiverNorth Managed Duration Municipalome Fund II Float Percentage Of Total Shares Outstanding?

RiverNorth Managed Duration Municipalome Fund II RMMZ -0.27% 30 Float Percentage Of Total Shares Outstanding is 99.94% as of Jul. 26, 2026. GuruFocus rates RMMZ with a GF Score™ of 30/100. The stock has 3 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, RiverNorth Managed Duration Municipalome Fund II's float shares is 8.46 Mil. RiverNorth Managed Duration Municipalome Fund II's total shares outstanding is 8.46 Mil. RiverNorth Managed Duration Municipalome Fund II's float percentage of total shares outstanding is 99.94%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, RiverNorth Managed Duration Municipalome Fund II's Insider Ownership is 0.34%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, RiverNorth Managed Duration Municipalome Fund II's Institutional Ownership is 19.20%.

RMMZ
30GF Score
RiverNorth Managed Duration Municipal Income Fund II Inc RMMZ
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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RiverNorth Managed Duration Municipalome Fund II Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

RiverNorth Managed Duration Municipalome Fund II's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=8.46/8.46
=99.94%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 99.94% mean?
RiverNorth Managed Duration Municipalome Fund II (RMMZ) has a Float Percentage Of Total Shares Outstanding of 99.94% as of Jul. 26, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on RiverNorth Managed Duration Municipalome Fund II and its competitors.
Is RiverNorth Managed Duration Municipalome Fund II's Float Percentage Of Total Shares Outstanding too high?
RiverNorth Managed Duration Municipalome Fund II's current Float Percentage Of Total Shares Outstanding is 99.94%. Overall, RiverNorth Managed Duration Municipalome Fund II has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Managed Duration Municipalome Fund II's Float Percentage Of Total Shares Outstanding compare to WEA and VFL?
RiverNorth Managed Duration Municipalome Fund II's Float Percentage Of Total Shares Outstanding of 99.94% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for an Asset Management company?
A good Float Percentage Of Total Shares Outstanding depends on the Asset Management industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on RiverNorth Managed Duration Municipalome Fund II and its competitors. RiverNorth Managed Duration Municipalome Fund II's current Float Percentage Of Total Shares Outstanding is 99.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiverNorth Managed Duration Municipalome Fund II stock overvalued right now?
RiverNorth Managed Duration Municipalome Fund II (RMMZ) has a current Float Percentage Of Total Shares Outstanding of 99.94%. The current Float Percentage Of Total Shares Outstanding is 99.94%. RiverNorth Managed Duration Municipalome Fund II's overall GF Score™ is 30/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For RiverNorth Managed Duration Municipalome Fund II (RMMZ), the current Float Percentage Of Total Shares Outstanding is 99.94% as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

RiverNorth Managed Duration Municipalome Fund II Business Description

Address 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Managed Duration Municipal Income Fund II Inc is a diversified, closed-end management investment company. The Fund's primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
30GF Score

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Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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