RMM (RiverNorth Managed Duration Muni Fd) 1-Year Sharpe Ratio: 0.52 (As of Jul. 17, 2026)

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RMM RiverNorth Managed Duration Muni Inc Fd RMM
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What is RiverNorth Managed Duration Muni Fd 1-Year Sharpe Ratio?

RiverNorth Managed Duration Muni Fd RMM -0.67% 30 1-Year Sharpe Ratio is 0.52 as of Jul. 17, 2026. GuruFocus rates RMM with a GF Score™ of 30/100. The stock has 3 warning signs investors should review.

The 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past year. As of today (2026-07-17), RiverNorth Managed Duration Muni Fd's 1-Year Sharpe Ratio is 0.52.

RiverNorth Managed Duration Muni Fd  (NYSE:RMM) 1-Year Sharpe Ratio Explanation

The 1-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past year. It is calculated as the annualized result of the average monthly excess return divided by its standard deviation over the past year. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.

The greater a portfolio's Sharpe Ratio, the better its risk-adjusted performance. A negative Sharpe Ratio means the risk-free rate is greater than the portfolio’s historical or projected return, or else the portfolio's return is expected to be negative.

RiverNorth Managed Duration Muni Fd 1-Year Sharpe Ratio Related Terms

RMM vs MMD, ACV, PMO: 1-Year Sharpe Ratio Comparison

For the Asset Management subindustry, RiverNorth Managed Duration Muni Fd's 1-Year Sharpe Ratio, along with its competitors' market caps and 1-Year Sharpe Ratio 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 1-Year Sharpe Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Muni Fd's 1-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where RiverNorth Managed Duration Muni Fd's 1-Year Sharpe Ratio falls into.


RMM
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RiverNorth Managed Duration Muni Inc Fd RMM
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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RiverNorth Managed Duration Muni Fd 1-Year Sharpe Ratio Calculation

The 1-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset. A stock / portfolio's 1-Year Sharpe Ratio can be calculated by dividing the difference between the one-year returns of the investment and the risk-free rate, by the standard deviation of the investment returns over one year.

Frequently Asked Questions Learn more about 1-Year Sharpe Ratio →
What does a 1-Year Sharpe Ratio of 0.52 mean?
RiverNorth Managed Duration Muni Fd (RMM) has a 1-Year Sharpe Ratio of 0.52 as of Jul. 17, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for RiverNorth Managed Duration Muni Fd and its competitors.
Is RiverNorth Managed Duration Muni Fd's 1-Year Sharpe Ratio too high?
RiverNorth Managed Duration Muni Fd's current 1-Year Sharpe Ratio is 0.52. 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 1-Year Sharpe Ratio compare to MMD and ACV?
RiverNorth Managed Duration Muni Fd's 1-Year Sharpe Ratio of 0.52 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 1-Year Sharpe Ratio for an Asset Management company?
A good 1-Year Sharpe Ratio depends on the Asset Management industry context. However, 1-Year Sharpe Ratio 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 1-Year Sharpe Ratio mean?
A high 1-Year Sharpe Ratio can signal that a stock is expensive relative to its fundamentals. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for RiverNorth Managed Duration Muni Fd and its competitors. RiverNorth Managed Duration Muni Fd's current 1-Year Sharpe Ratio is 0.52. 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 1-Year Sharpe Ratio of 0.52. The current 1-Year Sharpe Ratio is 0.52. 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 1-Year Sharpe Ratio calculated?
1-Year Sharpe Ratio is calculated from a company's financial statements. For RiverNorth Managed Duration Muni Fd (RMM), the current 1-Year Sharpe Ratio is 0.52 as of Jul. 17, 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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1-Year Sharpe Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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