RMM (RiverNorth Managed Duration Muni Fd) Debt-to-Equity: 0.69 (As of Dec. 2025) — Near Median

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RMM RiverNorth Managed Duration Muni Inc Fd RMM
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What is RiverNorth Managed Duration Muni Fd Debt-to-Equity?

RiverNorth Managed Duration Muni Fd RMM -0.20% 30 Debt-to-Equity is 0.69 as of Dec. 2025, which is 6% above its 10-year median of 0.65. GuruFocus rates RMM with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 960 Asset Management companies, RiverNorth Managed Duration Muni Fd ranks worse than 79.58% on this metric.

RiverNorth Managed Duration Muni Fd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.00 Mil. RiverNorth Managed Duration Muni Fd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $204.51 Mil. RiverNorth Managed Duration Muni Fd's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $298.31 Mil. RiverNorth Managed Duration Muni Fd's debt to equity for the quarter that ended in Dec. 2025 was 0.69.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for RiverNorth Managed Duration Muni Fd's Debt-to-Equity or its related term are showing as below:

RMM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53   Med: 0.65   Max: 0.79
Current: 0.69

During the past 6 years, the highest Debt-to-Equity Ratio of RiverNorth Managed Duration Muni Fd was 0.79. The lowest was 0.53. And the median was 0.65.

RMM's Debt-to-Equity is ranked worse than
79.58% of 960 companies
in the Asset Management industry
Industry Median: 0.21 vs RMM: 0.69

RiverNorth Managed Duration Muni Fd  (NYSE:RMM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


RiverNorth Managed Duration Muni Fd Debt-to-Equity Related Terms


RiverNorth Managed Duration Muni Fd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for RiverNorth Managed Duration Muni Fd's Debt-to-Equity 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.

RiverNorth Managed Duration Muni Fd Debt-to-Equity Chart

RiverNorth Managed Duration Muni Fd Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial 0.53 0.72 0.68 0.62 0.64

RiverNorth Managed Duration Muni Fd Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.62 0.66 0.64 0.69

RMM vs MMD, ACV, PMO: Debt-to-Equity Comparison

For the Asset Management subindustry, RiverNorth Managed Duration Muni Fd's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Muni Fd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where RiverNorth Managed Duration Muni Fd's Debt-to-Equity falls into.


RMM
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RiverNorth Managed Duration Muni Inc Fd RMM
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RiverNorth Managed Duration Muni Fd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RiverNorth Managed Duration Muni Fd's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

RiverNorth Managed Duration Muni Fd's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.69 mean?
RiverNorth Managed Duration Muni Fd (RMM) has a Debt-to-Equity of 0.69 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. This is near median its historical median of 0.65. Over the past decade, RiverNorth Managed Duration Muni Fd's Debt-to-Equity has ranged from 0.53 to 0.79. According to the industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #764 out of 960 companies in the Asset Management industry, placing it in the top 79.6%.
Is RiverNorth Managed Duration Muni Fd's Debt-to-Equity too high?
RiverNorth Managed Duration Muni Fd's current Debt-to-Equity of 0.69 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.79. The Asset Management industry median Debt-to-Equity is 0.21. RiverNorth Managed Duration Muni Fd's value of 0.69 is 228.6% above this industry median. Based on the distribution chart, RiverNorth Managed Duration Muni Fd ranks #764 out of 960 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, RiverNorth Managed Duration Muni Fd has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Managed Duration Muni Fd's Debt-to-Equity compare to MMD and ACV?
According to the Asset Management industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #764 out of 960 companies for Debt-to-Equity. This places RiverNorth Managed Duration Muni Fd in the lower half of its industry. The industry median Debt-to-Equity is 0.21. RiverNorth Managed Duration Muni Fd's value of 0.69 is 228.6% above this benchmark. Historically, RiverNorth Managed Duration Muni Fd's own Debt-to-Equity has ranged from 0.53 to 0.79 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.21, RiverNorth Managed Duration Muni Fd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 960 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RiverNorth Managed Duration Muni Fd's current Debt-to-Equity of 0.69 is 228.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Managed Duration Muni Fd's current Debt-to-Equity is 0.69, which is near median its own 10-year median of 0.65. 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 Muni Fd stock overvalued right now?
RiverNorth Managed Duration Muni Fd (RMM) has a current Debt-to-Equity of 0.69. The current Debt-to-Equity is 0.69, which is near median its 10-year median of 0.65 and 228.6% above the Asset Management industry median of 0.21. RiverNorth Managed Duration Muni Fd'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 Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For RiverNorth Managed Duration Muni Fd (RMM), the current Debt-to-Equity is 0.69 as of Dec. 2025. 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 Muni Fd Business Description

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