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RMMZ (RiverNorth Managed Duration Municipalome Fund II) Accounts Payable & Accrued Expense : $1.56 Mil (As of Dec. 2024)


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What is RiverNorth Managed Duration Municipalome Fund II Accounts Payable & Accrued Expense?

RiverNorth Managed Duration Municipalome Fund II's quarterly accounts payable & accrued expense declined from Dec. 2023 ($1.93 Mil) to Jun. 2024 ($1.79 Mil) and declined from Jun. 2024 ($1.79 Mil) to Dec. 2024 ($1.56 Mil).

RiverNorth Managed Duration Municipalome Fund II's annual accounts payable & accrued expense declined from Jun. 2022 ($24.23 Mil) to Jun. 2023 ($1.77 Mil) but then increased from Jun. 2023 ($1.77 Mil) to Jun. 2024 ($1.79 Mil).


RiverNorth Managed Duration Municipalome Fund II Accounts Payable & Accrued Expense Historical Data

The historical data trend for RiverNorth Managed Duration Municipalome Fund II's Accounts Payable & Accrued Expense 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 Municipalome Fund II Accounts Payable & Accrued Expense Chart

RiverNorth Managed Duration Municipalome Fund II Annual Data
Trend Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
24.23 1.77 1.79

RiverNorth Managed Duration Municipalome Fund II Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 2.50 1.77 1.93 1.79 1.56

RiverNorth Managed Duration Municipalome Fund II Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


RiverNorth Managed Duration Municipalome Fund II Business Description

Traded in Other Exchanges
N/A
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.
Executives
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Scott Sprauer other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
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
Michael Denlinger other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Stephen Andrew O'neill other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Robert Patrick Burke other: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Marcus L Collins other: Secretary and CCO 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jonathan M. Mohrhardt officer: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Capital Management, Llc other: Investment Adviser 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

RiverNorth Managed Duration Municipalome Fund II Headlines