RiverNorth Managed Duration Muni Fd (RiverNorth Managed Duration Muni Fd) Total Payout Ratio : 0.96 (As of Jun. 09, 2024)

View and export this data going back to 2019. Start your Free Trial

What is RiverNorth Managed Duration Muni Fd Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

RiverNorth Managed Duration Muni Fd's current Total Payout Ratio is 0.96.

RiverNorth Managed Duration Muni Fd Total Payout Ratio Historical Data

The historical data trend for RiverNorth Managed Duration Muni Fd's Total Payout Ratio can be seen below:

* 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.

* Premium members only.

RiverNorth Managed Duration Muni Fd Total Payout Ratio Chart

RiverNorth Managed Duration Muni Fd Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Total Payout Ratio

0.31

-0.36

1.15

RiverNorth Managed Duration Muni Fd Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Payout Ratio	Get a 7-Day Free Trial			2.75	-0.17	1.38	0.98	0.94

Competitive Comparison of RiverNorth Managed Duration Muni Fd's Total Payout Ratio

For the Asset Management subindustry, RiverNorth Managed Duration Muni Fd's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

RiverNorth Managed Duration Muni Fd's Total Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Muni Fd's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where RiverNorth Managed Duration Muni Fd's Total Payout Ratio falls into.

RiverNorth Managed Duration Muni Fd Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

RiverNorth Managed Duration Muni Fd's Total Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	-21.793)	/	19.03
	=	1.15

RiverNorth Managed Duration Muni Fd's Total Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	-10.79)	/	11.436
	=	0.94

RiverNorth Managed Duration Muni Fd Total Payout Ratio Related Terms

Thank you for viewing the detailed overview of RiverNorth Managed Duration Muni Fd's Total Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

RiverNorth Managed Duration Muni Fd (RiverNorth Managed Duration Muni Fd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RiverNorth Managed Duration Muni Inc Fd (NYSE:RMM) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401

Website

https://www.rivernorth.com

RiverNorth Managed Duration Muni Inc Fd is a United States based diversified, closed-end management investment company. Its primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.

Executives

Lisa Bruckert Mougin	director	C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Patrick W. Galley	director, officer: President	360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
John Wayne Hutchens	director	360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
John J Lawlor	other: Portfolio Manager	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert A Dimella	other: Portfolio Manager	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Stephen Andrew O'neill	director, other: Portfolio Manager	360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Brian H Schmucker	other: Officer of Investment Adviser	325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
David Dowden	other: Portfolio Manager	1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
Michael Petty	other: Portfolio Manager	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Scott Sprauer	other: Portfolio Manager	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mackay Shields Llc	other: Sub-Adviser	1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
John M Loffredo	other: Portfolio Manager	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert Patrick Burke	other: Portfolio Manager	C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John S. Oakes	director	325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
David Swanson	director	325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654

RiverNorth Managed Duration Muni Fd (RiverNorth Managed Duration Muni Fd) Headlines

From GuruFocus

RiverNorth Managed Duration Municipal Income Fund, Inc. Declares Monthly Distributions of $0.0917 Per Share

By Business Wire Business Wire • 04-07-2020