RMM (RiverNorth Managed Duration Muni Fd) EV-to-FCF: 25.04 (As of Jul. 15, 2026) — 85% Above Median

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RMM RiverNorth Managed Duration Muni Inc Fd RMM
30 GF Score
Price $14.83
! 3 Warning Signs
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What is RiverNorth Managed Duration Muni Fd EV-to-FCF?

RiverNorth Managed Duration Muni Fd RMM -0.57% 30 EV-to-FCF is 25.04 as of Jul. 15, 2026, which is 85% above its 10-year median of 13.57. GuruFocus rates RMM with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 935 Asset Management companies, RiverNorth Managed Duration Muni Fd ranks worse than 70.05% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, RiverNorth Managed Duration Muni Fd's Enterprise Value is $497.16 Mil. RiverNorth Managed Duration Muni Fd's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $19.86 Mil. Therefore, RiverNorth Managed Duration Muni Fd's EV-to-FCF for today is 25.04.

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

RMM' s EV-to-FCF Range Over the Past 10 Years
Min: 12.22   Med: 13.57   Max: 255.22
Current: 25.04

During the past 6 years, the highest EV-to-FCF of RiverNorth Managed Duration Muni Fd was 255.22. The lowest was 12.22. And the median was 13.57.

RMM's EV-to-FCF is ranked worse than
70.05% of 935 companies
in the Asset Management industry
Industry Median: 14.5 vs RMM: 25.04

EV-to-FCF 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 (2026-07-15), RiverNorth Managed Duration Muni Fd's stock price is $14.8253. RiverNorth Managed Duration Muni Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.039. Therefore, RiverNorth Managed Duration Muni Fd's PE Ratio (TTM) for today is 380.14.


RiverNorth Managed Duration Muni Fd  (NYSE:RMM) EV-to-FCF Explanation

EV-to-FCF 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 Muni Fd's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.8253/0.039
=380.14

RiverNorth Managed Duration Muni Fd's share price for today is $14.8253.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Managed Duration Muni Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.039.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


RiverNorth Managed Duration Muni Fd EV-to-FCF Related Terms


RiverNorth Managed Duration Muni Fd EV-to-FCF Historical Data

* Premium members only.

The historical data trend for RiverNorth Managed Duration Muni Fd's EV-to-FCF 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 EV-to-FCF Chart

RiverNorth Managed Duration Muni Fd Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-FCF
Get a 7-Day Free Trial 15.32 244.56 13.72 13.36 12.23

RiverNorth Managed Duration Muni Fd Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 13.36 0.00 12.23 0.00

RMM vs MMD, ACV, PMO: EV-to-FCF Comparison

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

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

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


RMM
30GF Score
RiverNorth Managed Duration Muni Inc Fd RMM
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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RiverNorth Managed Duration Muni Fd EV-to-FCF Calculation

RiverNorth Managed Duration Muni Fd's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=497.155/19.855
=25.04

RiverNorth Managed Duration Muni Fd's current Enterprise Value is $497.16 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Managed Duration Muni Fd's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $19.86 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-FCF →
What does a EV-to-FCF of 25.04 mean?
RiverNorth Managed Duration Muni Fd (RMM) has a EV-to-FCF of 25.04 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. This is 85% above median its historical median of 13.57. Over the past decade, RiverNorth Managed Duration Muni Fd's EV-to-FCF has ranged from 12.22 to 255.22. According to the industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #655 out of 935 companies in the Asset Management industry, placing it in the top 70.1%.
Is RiverNorth Managed Duration Muni Fd's EV-to-FCF too high?
RiverNorth Managed Duration Muni Fd's current EV-to-FCF of 25.04 is 85% above median its 10-year median of 13.57. Over the past 10 years, this metric has ranged from a low of 12.22 to a high of 255.22. The Asset Management industry median EV-to-FCF is 14.50. RiverNorth Managed Duration Muni Fd's value of 25.04 is 72.7% above this industry median. Based on the distribution chart, RiverNorth Managed Duration Muni Fd ranks #655 out of 935 companies in the Asset Management industry, which is below the industry midpoint. 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 EV-to-FCF compare to MMD and ACV?
According to the Asset Management industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #655 out of 935 companies for EV-to-FCF. This places RiverNorth Managed Duration Muni Fd in the lower half of its industry. The industry median EV-to-FCF is 14.50. RiverNorth Managed Duration Muni Fd's value of 25.04 is 72.7% above this benchmark. Historically, RiverNorth Managed Duration Muni Fd's own EV-to-FCF has ranged from 12.22 to 255.22 over the past decade. While the company's 10-year median is 13.57 vs. the industry median of 14.50, 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 EV-to-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.50, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RiverNorth Managed Duration Muni Fd's current EV-to-FCF of 25.04 is 72.7% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Managed Duration Muni Fd's current EV-to-FCF is 25.04, which is 85% above median its own 10-year median of 13.57. 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 EV-to-FCF of 25.04. The current EV-to-FCF is 25.04, which is 85% above median its 10-year median of 13.57 and 72.7% above the Asset Management industry median of 14.50. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For RiverNorth Managed Duration Muni Fd (RMM), the current EV-to-FCF is 25.04 as of Jul. 15, 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 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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