What is RiverNorth Managed Duration Muni Fd ROA %?
RiverNorth Managed Duration Muni FdRMM +0.14%30 ROA % is 7.50% as of Dec. 2025, which is 121% above its 10-year median of 3.40. GuruFocus rates RMM with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 1,638 Asset Management companies, RiverNorth Managed Duration Muni Fd ranks worse than 72.77% on this metric.
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
RiverNorth Managed Duration Muni Fd ROA % Related Terms
RiverNorth Managed Duration Muni Fd ROA % Historical Data
* 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.
For the Asset Management subindustry, RiverNorth Managed Duration Muni Fd's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Muni Fd's ROA % distribution charts can be found below:
* The bar in red indicates where RiverNorth Managed Duration Muni Fd's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
RiverNorth Managed Duration Muni Fd (RMM) has a ROA % of 7.50% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. This is 121% above median its historical median of 3.40. According to the industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #1192 out of 1638 companies in the Asset Management industry, placing it in the top 72.8%.
Is RiverNorth Managed Duration Muni Fd's ROA % too high?
RiverNorth Managed Duration Muni Fd's current ROA % of 7.50% is 121% above median its 10-year median of 3.40. The Asset Management industry median ROA % is 3.95. RiverNorth Managed Duration Muni Fd's value of 7.50% is 89.9% above this industry median. Based on the distribution chart, RiverNorth Managed Duration Muni Fd ranks #1192 out of 1638 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 ROA % compare to MMD and PMO?
According to the Asset Management industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #1192 out of 1638 companies for ROA %. This places RiverNorth Managed Duration Muni Fd in the lower half of its industry. The industry median ROA % is 3.95. RiverNorth Managed Duration Muni Fd's value of 7.50% is 89.9% above this benchmark. While the company's 10-year median is 3.40 vs. the industry median of 3.95, 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 ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 3.95, based on 1,638 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RiverNorth Managed Duration Muni Fd's current ROA % of 7.50% is 89.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. For the Asset Management industry, the median ROA % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Managed Duration Muni Fd's current ROA % is 7.50%, which is 121% above median its own 10-year median of 3.40. 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 ROA % of 7.50%. The current ROA % is 7.50%, which is 121% above median its 10-year median of 3.40 and 89.9% above the Asset Management industry median of 3.95. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For RiverNorth Managed Duration Muni Fd (RMM), the current ROA % is 7.50% 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
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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