RMMZ (RiverNorth Managed Duration Municipalome Fund II) Dividend Yield %: 7.47% (As of Jul. 26, 2026) — Near Median

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RMMZ RiverNorth Managed Duration Municipal Income Fund II Inc RMMZ
30 GF Score
Price $14.72
! 3 Warning Signs
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What is RiverNorth Managed Duration Municipalome Fund II Dividend Yield %?

RiverNorth Managed Duration Municipalome Fund II RMMZ -0.27% 30 Dividend Yield % is 7.47% as of Jul. 26, 2026, which is 3% below its 10-year median of 7.73. GuruFocus rates RMMZ with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 1,115 Asset Management companies, RiverNorth Managed Duration Municipalome Fund II ranks better than 63.95% on this metric.

As of today (2026-07-26), the Trailing Annual Dividend Yield of RiverNorth Managed Duration Municipalome Fund II is 7.47%.

The historical rank and industry rank for RiverNorth Managed Duration Municipalome Fund II's Dividend Yield % or its related term are showing as below:

RMMZ' s Dividend Yield % Range Over the Past 10 Years
Min: 7.06   Med: 7.73   Max: 9.15
Current: 7.47

During the past 4 years, the highest Dividend Yield of RiverNorth Managed Duration Municipalome Fund II was 9.15%. The lowest was 7.06%. And the median was 7.73%.

RMMZ's Dividend Yield % is ranked better than
63.95% of 1115 companies
in the Asset Management industry
Industry Median: 5.91 vs RMMZ: 7.47

RiverNorth Managed Duration Municipalome Fund II's Dividend Payout Ratio for the six months ended in Dec. 2025 was 0.61.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of RiverNorth Managed Duration Municipal Income Fund II Inc is 16.31, which seems too high.

During the past 4 years, the highest Dividend Payout Ratio of RiverNorth Managed Duration Municipalome Fund II was 16.31. The lowest was 0.88. And the median was 1.18.

As of today (2026-07-26), the Forward Dividend Yield % of RiverNorth Managed Duration Municipalome Fund II is 7.26%.

RiverNorth Managed Duration Municipalome Fund II's Dividends per Share for the six months ended in Dec. 2025 was $0.57.

During the past 12 months, RiverNorth Managed Duration Municipalome Fund II's average Dividends Per Share Growth Rate was -2.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

RiverNorth Managed Duration Municipalome Fund II  (NYSE:RMMZ) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

RiverNorth Managed Duration Municipalome Fund II Dividend Yield % Related Terms

RiverNorth Managed Duration Municipalome Fund II Dividend Yield % Historical Data

* Premium members only.

The historical data trend for RiverNorth Managed Duration Municipalome Fund II's Dividend Yield % 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 Municipalome Fund II Dividend Yield % Chart

RiverNorth Managed Duration Municipalome Fund II Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Dividend Yield %
2.58 7.53 7.18 8.21

RiverNorth Managed Duration Municipalome Fund II Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Yield % Get a 7-Day Free Trial 7.45 7.18 7.82 8.21 7.86

RMMZ vs WEA, VFL, JHS: Dividend Yield % Comparison

For the Asset Management subindustry, RiverNorth Managed Duration Municipalome Fund II's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Municipalome Fund II Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Municipalome Fund II's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where RiverNorth Managed Duration Municipalome Fund II's Dividend Yield % falls into.


RMMZ
30GF Score
RiverNorth Managed Duration Municipal Income Fund II Inc RMMZ
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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RiverNorth Managed Duration Municipalome Fund II Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

RiverNorth Managed Duration Municipalome Fund II Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0891002026-07-152026-07-152026-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0891002026-06-152026-06-152026-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0891002026-05-152026-05-152026-05-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0891002026-04-152026-04-152026-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0891002026-03-162026-03-162026-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0891002026-02-132026-02-132026-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.0891002026-01-152026-01-152026-01-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0951002025-12-152025-12-152025-12-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0951002025-11-142025-11-142025-11-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0951002025-10-152025-10-152025-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0951002025-09-152025-09-152025-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0951002025-08-152025-08-152025-08-29Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

RiverNorth Managed Duration Municipalome Fund II's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.0992/14.72
=7.47 %

Current Share Price is $14.72.
RiverNorth Managed Duration Municipalome Fund II's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.0992.

RiverNorth Managed Duration Municipalome Fund II's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.0692/14.72
=7.26 %

Current Share Price is $14.72.
RiverNorth Managed Duration Municipalome Fund II's Dividends per Share for the forward twelve months is calculated as $0.0891 * 12 = $1.0692.

* 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 Dividend Yield % →
What does a Dividend Yield % of 7.47% mean?
RiverNorth Managed Duration Municipalome Fund II (RMMZ) has a Dividend Yield % of 7.47% as of Jul. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on RiverNorth Managed Duration Municipalome Fund II and its competitors. This is near median its historical median of 7.73. Over the past decade, RiverNorth Managed Duration Municipalome Fund II's Dividend Yield % has ranged from 7.06 to 9.15. According to the industry distribution chart, RiverNorth Managed Duration Municipalome Fund II ranks #402 out of 1115 companies in the Asset Management industry, placing it in the top 36.1%.
Is RiverNorth Managed Duration Municipalome Fund II's Dividend Yield % too high?
RiverNorth Managed Duration Municipalome Fund II's current Dividend Yield % of 7.47% is near median its 10-year median of 7.73. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 9.15. The Asset Management industry median Dividend Yield % is 5.91. RiverNorth Managed Duration Municipalome Fund II's value of 7.47% is 26.4% above this industry median. Based on the distribution chart, RiverNorth Managed Duration Municipalome Fund II ranks #402 out of 1115 companies in the Asset Management industry, which is above the industry midpoint. Overall, RiverNorth Managed Duration Municipalome Fund II has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Managed Duration Municipalome Fund II's Dividend Yield % compare to WEA and VFL?
According to the Asset Management industry distribution chart, RiverNorth Managed Duration Municipalome Fund II ranks #402 out of 1115 companies for Dividend Yield %. This puts RiverNorth Managed Duration Municipalome Fund II in the upper half of its industry. The industry median Dividend Yield % is 5.91. RiverNorth Managed Duration Municipalome Fund II's value of 7.47% is 26.4% above this benchmark. Historically, RiverNorth Managed Duration Municipalome Fund II's own Dividend Yield % has ranged from 7.06 to 9.15 over the past decade. While the company's 10-year median is 7.73 vs. the industry median of 5.91, RiverNorth Managed Duration Municipalome Fund II 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 Dividend Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 5.91, based on 1,115 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RiverNorth Managed Duration Municipalome Fund II's current Dividend Yield % of 7.47% is 26.4% 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 Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on RiverNorth Managed Duration Municipalome Fund II and its competitors. For the Asset Management industry, the median Dividend Yield % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Managed Duration Municipalome Fund II's current Dividend Yield % is 7.47%, which is near median its own 10-year median of 7.73. 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 Municipalome Fund II stock overvalued right now?
RiverNorth Managed Duration Municipalome Fund II (RMMZ) has a current Dividend Yield % of 7.47%. The current Dividend Yield % is 7.47%, which is near median its 10-year median of 7.73 and 26.4% above the Asset Management industry median of 5.91. RiverNorth Managed Duration Municipalome Fund II'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 Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For RiverNorth Managed Duration Municipalome Fund II (RMMZ), the current Dividend Yield % is 7.47% as of Jul. 26, 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 Municipalome Fund II Business Description

Address 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Managed Duration Municipal Income Fund II Inc is a diversified, closed-end management investment company. The Fund's 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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