RMM ETF
RiverNorth Managed Duration Municipal Income Fund, Inc.
RMM ETF Overview
RMM ETF (RiverNorth Managed Duration Municipal Income Fund, Inc.) is managed by RiverNorth with $290.6M in net assets. RMM expense ratio is 6.83%, holding 112 positions across sectors including Financials, Utilities, Industrials. Inception date: 2019-07-25.
RMM performance shows a YTD return of 3.16%. The 1-year return is 10.76% and the 5-year return is 0.40%. RMM dividend yield stands at 7.01%, paid monthly.
RMM top holdings include Blackrock Liquidity Funds Municash Portfolio, Institutional Shares (10.8%), Blackrock Muniholdings Fund (8.2%), Blackrock Muniyield Quality Fund (6.4%), Fx.rt. Muni Bond 5.0% 11/01/2029 (6.3%), North Carolina Turnpike Authority 5.00% 01/01/2058 (4.8%). Go to all RMM holdings, RMM sectors, or RMM dividends.
RMM can be compared against other funds. Use RMM overlap to find shared positions, or RMM vs another fund for a side-by-side view. RMM alternatives are available via the screener, along with tax-loss harvesting opportunities.