RMM (RiverNorth Managed Duration Muni Fd) Equity-to-Asset: 0.59 (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 Equity-to-Asset?

RiverNorth Managed Duration Muni Fd RMM +0.28% 30 Equity-to-Asset is 0.59 as of Dec. 2025, which is 2% below its 10-year median of 0.60. GuruFocus rates RMM with a GF Scoreâ„¢ of 30/100. The stock has 3 warning signs investors should review. Among 1,635 Asset Management companies, RiverNorth Managed Duration Muni Fd ranks worse than 74.98% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 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 Total Assets for the quarter that ended in Dec. 2025 was $507.84 Mil. Therefore, RiverNorth Managed Duration Muni Fd's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.59.

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

RMM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.6   Max: 0.64
Current: 0.59

During the past 6 years, the highest Equity to Asset Ratio of RiverNorth Managed Duration Muni Fd was 0.64. The lowest was 0.56. And the median was 0.60.

RMM's Equity-to-Asset is ranked worse than
74.98% of 1635 companies
in the Asset Management industry
Industry Median: 0.83 vs RMM: 0.59

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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


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


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

* Premium members only.

The historical data trend for RiverNorth Managed Duration Muni Fd's Equity-to-Asset 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 Equity-to-Asset Chart

RiverNorth Managed Duration Muni Fd Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
Get a 7-Day Free Trial 0.64 0.56 0.59 0.61 0.61

RiverNorth Managed Duration Muni Fd Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.61 0.60 0.61 0.59

RMM vs EFT, MMD, PMO: Equity-to-Asset Comparison

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

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

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


RMM
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RiverNorth Managed Duration Muni Inc Fd RMM
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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RiverNorth Managed Duration Muni Fd Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=290.501/480.487
=0.60

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

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=298.314/507.842
=0.59

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.59 mean?
RiverNorth Managed Duration Muni Fd (RMM) has a Equity-to-Asset of 0.59 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. This is near median its historical median of 0.60. Over the past decade, RiverNorth Managed Duration Muni Fd's Equity-to-Asset has ranged from 0.56 to 0.64. According to the industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #1226 out of 1635 companies in the Asset Management industry, placing it in the top 75%.
Is RiverNorth Managed Duration Muni Fd's Equity-to-Asset too high?
RiverNorth Managed Duration Muni Fd's current Equity-to-Asset of 0.59 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 0.64. The Asset Management industry median Equity-to-Asset is 0.83. RiverNorth Managed Duration Muni Fd's value of 0.59 is 28.9% below this industry median. Based on the distribution chart, RiverNorth Managed Duration Muni Fd ranks #1226 out of 1635 companies in the Asset Management industry, which is below the industry midpoint. Overall, RiverNorth Managed Duration Muni Fd has a GF Scoreâ„¢ of 30/100, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Managed Duration Muni Fd's Equity-to-Asset compare to EFT and MMD?
According to the Asset Management industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #1226 out of 1635 companies for Equity-to-Asset. This places RiverNorth Managed Duration Muni Fd in the lower half of its industry. The industry median Equity-to-Asset is 0.83. RiverNorth Managed Duration Muni Fd's value of 0.59 is 28.9% below this benchmark. Historically, RiverNorth Managed Duration Muni Fd's own Equity-to-Asset has ranged from 0.56 to 0.64 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.83, RiverNorth Managed Duration Muni Fd has consistently been below 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,635 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RiverNorth Managed Duration Muni Fd's current Equity-to-Asset of 0.59 is 28.9% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Managed Duration Muni Fd's current Equity-to-Asset is 0.59, which is near median its own 10-year median of 0.60. 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 Equity-to-Asset of 0.59. The current Equity-to-Asset is 0.59, which is near median its 10-year median of 0.60 and 28.9% below the Asset Management industry median of 0.83. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For RiverNorth Managed Duration Muni Fd (RMM), the current Equity-to-Asset is 0.59 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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