Rivernorth Managed Duration Municipal Income II (RMMZ) closed at $13.39 on October 23, 2026, down 2.4% from the previous close, on volume of 8,588 shares (30-day average 31,764).
Data as of October 23, 2026.
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RiverNorth Closed-End Funds Declare Monthly Distributions
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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.
Rivernorth Managed Duration Municipal Income II trades on the NYSE stock market under the symbol RMMZ.
As of October 23, 2026, RMMZ stock price declined to $13.39 with 8,588 million shares trading.
RMMZ has a beta of 0.23, meaning it tends to be less sensitive to market movements. RMMZ has a correlation of 0.06 to the broad based SPY ETF.
RMMZ has a market cap of $113.17 million. This is considered a Micro Cap stock.
In the last 3 years, RMMZ traded as high as $16.56 and as low as $12.77.
RMMZ has underperformed the market in the last year with a return of -1.5%, while the SPY ETF gained +14.3%. In the last 3 month period, RMMZ fell short of the market, returning -6.9%, while SPY returned +3.2%. However, in the most recent 2 weeks RMMZ has outperformed the stock market by returning +2.1%, while SPY returned -2.4%.
RMMZ support price is $13.52 and resistance is $13.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RMMZ shares will trade within this expected range on the day.
