RMMZ (RiverNorth Managed Duration Municipalome Fund II) EV-to-OCF: 16.75 (As of Sep. 10, 2026) — Near Median

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RMMZ RiverNorth Managed Duration Municipal Income Fund II Inc RMMZ
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Price $14.28
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What is RiverNorth Managed Duration Municipalome Fund II EV-to-OCF?

RiverNorth Managed Duration Municipalome Fund II RMMZ -0.87% 30 EV-to-OCF is 16.75 as of Sep. 10, 2026, which is 1% below its 10-year median of 16.90. GuruFocus rates RMMZ with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 1,495 Asset Management companies, RiverNorth Managed Duration Municipalome Fund II ranks worse than 73.91% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, RiverNorth Managed Duration Municipalome Fund II's Enterprise Value is $208.22 Mil. RiverNorth Managed Duration Municipalome Fund II's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $12.43 Mil. Therefore, RiverNorth Managed Duration Municipalome Fund II's EV-to-OCF for today is 16.75.

The historical rank and industry rank for RiverNorth Managed Duration Municipalome Fund II's EV-to-OCF or its related term are showing as below:

RMMZ' s EV-to-OCF Range Over the Past 10 Years
Min: -1610.7   Med: 16.9   Max: 17.98
Current: 16.75

During the past 5 years, the highest EV-to-OCF of RiverNorth Managed Duration Municipalome Fund II was 17.98. The lowest was -1610.70. And the median was 16.90.

RMMZ's EV-to-OCF is ranked worse than
73.91% of 1495 companies
in the Asset Management industry
Industry Median: 5.41 vs RMMZ: 16.75

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-10), RiverNorth Managed Duration Municipalome Fund II's stock price is $14.2847. RiverNorth Managed Duration Municipalome Fund II's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.685. Therefore, RiverNorth Managed Duration Municipalome Fund II's PE Ratio (TTM) for today is 8.48.


RiverNorth Managed Duration Municipalome Fund II  (NYSE:RMMZ) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

RiverNorth Managed Duration Municipalome Fund II's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.2847/1.685
=8.48

RiverNorth Managed Duration Municipalome Fund II's share price for today is $14.2847.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Managed Duration Municipalome Fund II's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.685.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


RiverNorth Managed Duration Municipalome Fund II EV-to-OCF Related Terms


RiverNorth Managed Duration Municipalome Fund II EV-to-OCF Historical Data

* Premium members only.

The historical data trend for RiverNorth Managed Duration Municipalome Fund II's EV-to-OCF 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 Municipalome Fund II EV-to-OCF Chart

RiverNorth Managed Duration Municipalome Fund II Annual Data
Trend Jun22 Jun23 Jun24 Jun25 Jun26
EV-to-OCF
0.00 -1,602.02 17.18 17.20 17.27

RiverNorth Managed Duration Municipalome Fund II Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only 17.18 0.00 17.20 0.00 17.27

RMMZ vs JHS, CGO, BWG: EV-to-OCF Comparison

For the Asset Management subindustry, RiverNorth Managed Duration Municipalome Fund II's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 Municipalome Fund II EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Municipalome Fund II's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where RiverNorth Managed Duration Municipalome Fund II's EV-to-OCF falls into.


RMMZ
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RiverNorth Managed Duration Municipal Income Fund II Inc RMMZ
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
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RiverNorth Managed Duration Municipalome Fund II EV-to-OCF Calculation

RiverNorth Managed Duration Municipalome Fund II's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=208.223/12.431
=16.75

RiverNorth Managed Duration Municipalome Fund II's current Enterprise Value is $208.22 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Managed Duration Municipalome Fund II's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $12.43 Mil.

* 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 EV-to-OCF →
What does a EV-to-OCF of 16.75 mean?
RiverNorth Managed Duration Municipalome Fund II (RMMZ) has a EV-to-OCF of 16.75 as of Sep. 10, 2026. This is near median its historical median of 16.90. According to the industry distribution chart, RiverNorth Managed Duration Municipalome Fund II ranks #1105 out of 1495 companies in the Asset Management industry, placing it in the top 73.9%.
Is RiverNorth Managed Duration Municipalome Fund II's EV-to-OCF too high?
RiverNorth Managed Duration Municipalome Fund II's current EV-to-OCF of 16.75 is near median its 10-year median of 16.90. The Asset Management industry median EV-to-OCF is 5.41. RiverNorth Managed Duration Municipalome Fund II's value of 16.75 is 209.6% above this industry median. Based on the distribution chart, RiverNorth Managed Duration Municipalome Fund II ranks #1105 out of 1495 companies in the Asset Management industry, which is below the industry midpoint. 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 EV-to-OCF compare to JHS and CGO?
According to the Asset Management industry distribution chart, RiverNorth Managed Duration Municipalome Fund II ranks #1105 out of 1495 companies for EV-to-OCF. This places RiverNorth Managed Duration Municipalome Fund II in the lower half of its industry. The industry median EV-to-OCF is 5.41. RiverNorth Managed Duration Municipalome Fund II's value of 16.75 is 209.6% above this benchmark. While the company's 10-year median is 16.90 vs. the industry median of 5.41, RiverNorth Managed Duration Municipalome Fund II 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 EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.41, based on 1,495 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RiverNorth Managed Duration Municipalome Fund II's current EV-to-OCF of 16.75 is 209.6% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 5.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Managed Duration Municipalome Fund II's current EV-to-OCF is 16.75, which is near median its own 10-year median of 16.90. 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 EV-to-OCF of 16.75. The current EV-to-OCF is 16.75, which is near median its 10-year median of 16.90 and 209.6% above the Asset Management industry median of 5.41. RiverNorth Managed Duration Municipalome Fund II's overall GF Score™ is 30/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For RiverNorth Managed Duration Municipalome Fund II (RMMZ), the current EV-to-OCF is 16.75 as of Sep. 10, 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.
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