RMM (RiverNorth Managed Duration Muni Fd) Pre-Tax Income: $0.94 Mil (TTM As of Dec. 2025)

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RMM RiverNorth Managed Duration Muni Inc Fd RMM
30 GF Score
Price $14.22
! 3 Warning Signs
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What is RiverNorth Managed Duration Muni Fd Pre-Tax Income?

RiverNorth Managed Duration Muni Fd RMM -0.14% 30 Pre-Tax Income is $0.94 Mil as of Dec. 2025. GuruFocus rates RMM with a GF Score™ of 30/100. The stock has 3 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. RiverNorth Managed Duration Muni Fd's pretax income for the six months ended in Dec. 2025 was $18.53 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was $0.94 Mil. RiverNorth Managed Duration Muni Fd's pretax margin was 99.72%.

During the past 6 years, RiverNorth Managed Duration Muni Fd's highest Pretax Margin was 101.93%. The lowest was 79.75%. And the median was 99.94%.


RiverNorth Managed Duration Muni Fd  (NYSE:RMM) Pre-Tax Income Explanation

RiverNorth Managed Duration Muni Fd's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=18.531/18.583
=99.72%

During the past 6 years, RiverNorth Managed Duration Muni Fd's highest Pretax Margin was 101.93%. The lowest was 79.75%. And the median was 99.94%.

* 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 Pre-Tax Income Related Terms


RiverNorth Managed Duration Muni Fd Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for RiverNorth Managed Duration Muni Fd's Pre-Tax Income 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 Pre-Tax Income Chart

RiverNorth Managed Duration Muni Fd Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Pre-Tax Income
Get a 7-Day Free Trial 69.16 -60.89 19.03 25.27 -12.86

RiverNorth Managed Duration Muni Fd Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.44 13.83 4.73 -17.59 18.53

RMM vs EFT, MMD, PMO: Pre-Tax Income Comparison

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

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

* The bar in red indicates where RiverNorth Managed Duration Muni Fd's Pre-Tax Income falls into.


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

This is the income that a company earns before paying income taxes.

RiverNorth Managed Duration Muni Fd's Pretax Income for the fiscal year that ended in Jun. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+-12.858
=-12.86

RiverNorth Managed Duration Muni Fd's Pretax Income for the quarter that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+18.531
=18.53

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.94 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 Pre-Tax Income →
What does a Pre-Tax Income of $0.94 Mil mean?
RiverNorth Managed Duration Muni Fd (RMM) has a Pre-Tax Income of $0.94 Mil as of Dec. 2025. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on RiverNorth Managed Duration Muni Fd and its competitors.
Is RiverNorth Managed Duration Muni Fd's Pre-Tax Income too high?
RiverNorth Managed Duration Muni Fd's current Pre-Tax Income is $0.94 Mil. 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 Pre-Tax Income compare to EFT and MMD?
RiverNorth Managed Duration Muni Fd's Pre-Tax Income of $0.94 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Asset Management company?
A good Pre-Tax Income depends on the Asset Management industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. RiverNorth Managed Duration Muni Fd's current Pre-Tax Income is $0.94 Mil. 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 Pre-Tax Income of $0.94 Mil. The current Pre-Tax Income is $0.94 Mil. 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 Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For RiverNorth Managed Duration Muni Fd (RMM), the current Pre-Tax Income is $0.94 Mil 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.
30GF Score

Get the complete analysis for RMM

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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