RMM (RiverNorth Managed Duration Muni Fd) Scaled Net Operating Assets: 1.05 (As of Dec. 2025)


RMM RiverNorth Managed Duration Muni Inc Fd RMM
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What is RiverNorth Managed Duration Muni Fd Scaled Net Operating Assets?

RiverNorth Managed Duration Muni Fd RMM +0.14% 30 Scaled Net Operating Assets is 1.05 as of Dec. 2025. GuruFocus rates RMM with a GF Score™ of 30/100. The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

RiverNorth Managed Duration Muni Fd's operating assets for the quarter that ended in Dec. 2025 was $507.84 Mil. RiverNorth Managed Duration Muni Fd's operating liabilities for the quarter that ended in Dec. 2025 was $5.02 Mil. RiverNorth Managed Duration Muni Fd's Total Assets for the quarter that ended in Jun. 2025 was $480.49 Mil. Therefore, RiverNorth Managed Duration Muni Fd's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.05.

RMM
30GF Score
RiverNorth Managed Duration Muni Inc Fd RMM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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RiverNorth Managed Duration Muni Fd Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

RiverNorth Managed Duration Muni Fd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(480.351-3.286)/529.972
=0.90

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=480.487 - 0.136
=480.351

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=189.986 - 186.7 - 0
=3.286

RiverNorth Managed Duration Muni Fd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(507.841-5.018)/480.487
=1.05

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=507.842 - 0.001
=507.841

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=209.528 - 204.51 - 0
=5.018

* 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.

What does a Scaled Net Operating Assets of 1.05 mean?
RiverNorth Managed Duration Muni Fd (RMM) has a Scaled Net Operating Assets of 1.05 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on RiverNorth Managed Duration Muni Fd and its competitors.
Is RiverNorth Managed Duration Muni Fd's Scaled Net Operating Assets too high?
RiverNorth Managed Duration Muni Fd's current Scaled Net Operating Assets is 1.05. 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 Scaled Net Operating Assets compare to MMD and PMO?
RiverNorth Managed Duration Muni Fd's Scaled Net Operating Assets of 1.05 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 Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. RiverNorth Managed Duration Muni Fd's current Scaled Net Operating Assets is 1.05. 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 Scaled Net Operating Assets of 1.05. The current Scaled Net Operating Assets is 1.05. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For RiverNorth Managed Duration Muni Fd (RMM), the current Scaled Net Operating Assets is 1.05 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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