RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)Financial Services | Asset Management | West Palm Beach, United States | NYSE
13.30 USD
-0.09
(-0.672%) ⇩
(Oct. 14, 2026, 11:49 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 8:29 a.m. EDT
The most critical observation is the severe disconnect between the reported 8.27% yield and the actual cash distribution. While the headline yield looks attractive, the recent dividend history shows a sharp cut from $0.104 per share in 2022 to $0.097 in 2023, and again to $0.089 in 2026. This indicates the fund is aggressively reducing payouts to preserve capital, likely due to the inherent duration risk of municipal bonds in a rising rate environment. The price action confirms this distress; the stock is trading significantly below its 50-day and 200-day averages, reflecting a market consensus that the asset class is under pressure. Although the payout ratio of 65% suggests the current dividend is sustainable, the trajectory of cuts implies the 'yield' is a trap rather than a stable income source. For a short-term trade, the downward momentum and negative statistical forecast suggest caution, while the long-term outlook remains neutral given the cyclical nature of municipal bond funds. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.029429 |
| AutoETS | 0.030062 |
| AutoARIMA | 0.030114 |
| MSTL | 0.030347 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 53% |
| H-stat | 28.12 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.007 |
| Excess Kurtosis | 0.15 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-10-14 |
| Last Dividend Date | 2026-09-14 |
| Market Cap | 112,451,504 |
| Trailing P/E | 7.92 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.63% | 7.33% | 7.27% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-15 | 0.089 | 0.633903 |
| 2026-08-14 | 0.089 | 0.603799 |
| 2026-07-15 | 0.089 | 0.595716 |
| 2026-06-15 | 0.089 | 0.598521 |
| 2026-05-15 | 0.089 | 0.592741 |
| 2026-04-15 | 0.089 | 0.599730 |
| 2026-03-16 | 0.089 | 0.604620 |
| 2026-02-13 | 0.089 | 0.589014 |
| 2026-01-15 | 0.089 | 0.607923 |
| 2025-12-15 | 0.095 | 0.645819 |
| 2025-11-14 | 0.095 | 0.628307 |
| 2025-10-15 | 0.095 | 0.632069 |
| 2025-09-15 | 0.095 | 0.629973 |
| 2025-08-15 | 0.095 | 0.667135 |
| 2025-07-15 | 0.095 | 0.676157 |
| 2025-06-13 | 0.095 | 0.668073 |
| 2025-05-15 | 0.095 | 0.655625 |
| 2025-04-15 | 0.095 | 0.671378 |
| 2025-03-14 | 0.095 | 0.622339 |
| 2025-02-14 | 0.095 | 0.601456 |
| 2025-01-15 | 0.095 | 0.623360 |
| 2024-12-13 | 0.097 | 0.617245 |
| 2024-11-15 | 0.097 | 0.617834 |
| 2024-10-15 | 0.097 | 0.592547 |
| 2024-09-13 | 0.097 | 0.602484 |
| 2024-08-15 | 0.097 | 0.607808 |
| 2024-07-15 | 0.097 | 0.603234 |
| 2024-06-14 | 0.097 | 0.600248 |
| 2024-05-14 | 0.097 | 0.614936 |
| 2024-04-12 | 0.097 | 0.632334 |
| 2024-03-14 | 0.097 | 0.614507 |
| 2024-02-14 | 0.097 | 0.613536 |
| 2024-01-12 | 0.097 | 0.619413 |
| 2023-12-14 | 0.097 | 0.647963 |
| 2023-11-14 | 0.097 | 0.676902 |
| 2023-10-12 | 0.097 | 0.668044 |
| 2023-09-14 | 0.097 | 0.633987 |
| 2023-08-14 | 0.097 | 0.616656 |
| 2023-07-13 | 0.097 | 0.596189 |
| 2023-06-14 | 0.097 | 0.621795 |
| 2023-05-12 | 0.097 | 0.615482 |
| 2023-04-13 | 0.097 | 0.633987 |
| 2023-03-14 | 0.097 | 0.651007 |
| 2023-02-14 | 0.097 | 0.593272 |
| 2023-01-12 | 0.097 | 0.601737 |
| 2022-12-14 | 0.104 | 0.668380 |
| 2022-11-14 | 0.104 | 0.729825 |
| 2022-10-13 | 0.104 | 0.681967 |
| 2022-09-15 | 0.104 | 0.636865 |
| 2022-08-16 | 0.104 | 0.590909 |
| 2022-07-14 | 0.104 | 0.624625 |
| 2022-06-15 | 0.104 | 0.594286 |
| 2022-05-12 | 0.104 | 0.659898 |
| 2022-04-13 | 0.104 | 0.572687 |
| 2022-03-16 | 0.104 | 0.520000 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.109115124 |
| Address1 | 360 South Rosemary Avenue |
| Address2 | Suite 1420 |
| All Time High | 20.5 |
| All Time Low | 12.77 |
| Ask | 13.35 |
| Ask Size | 700 |
| Average Daily Volume10 Day | 42,360 |
| Average Daily Volume3 Month | 20,639 |
| Average Volume | 20,639 |
| Average Volume10Days | 42,360 |
| Bid | 13.25 |
| Bid Size | 200 |
| City | West Palm Beach |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 13.3 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 13.35 |
| Day Low | 13.2201 |
| Display Name | RiverNorth Managed Dur Muni |
| Dividend Yield | 7.99 |
| Ebitda Margins | 0.0 |
| Eps Trailing Twelve Months | 1.68 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,792,022,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.12966 |
| Fifty Day Average Change | -0.82965946 |
| Fifty Day Average Change Percent | -0.058717582 |
| Fifty Two Week Change Percent | -10.911512 |
| Fifty Two Week High | 15.29 |
| Fifty Two Week High Change | -1.9899998 |
| Fifty Two Week High Change Percent | -0.13015041 |
| Fifty Two Week Low | 12.77 |
| Fifty Two Week Low Change | 0.52999973 |
| Fifty Two Week Low Change Percent | 0.0415035 |
| Fifty Two Week Range | 12.77 - 15.29 |
| First Trade Date Milliseconds | 1,644,589,800,000 |
| Five Year Avg Dividend Yield | 5.12 |
| Full Exchange Name | NYSE |
| Fullday Change | 0.15999985 |
| Fullday Change Percent | 1.2084581 |
| Fullday Price | 13.3 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0 |
| Held Percent Institutions | 0.19139 |
| Implied Shares Outstanding | 8,455,000 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Language | en-US |
| Last Dividend Date | 1,789,430,400 |
| Last Dividend Value | 0.089 |
| Long Name | RiverNorth Managed Duration Municipal Income Fund II, Inc. |
| Market | us_market |
| Market Cap | 112,451,504 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1672833674 |
| Non Diluted Market Cap | 114,734,350 |
| Open | 13.36 |
| Operating Margins | 0.0 |
| Payout Ratio | 0.65620005 |
| Phone | (561) 484-7185 |
| Previous Close | 13.39 |
| Price Hint | 2 |
| Profit Margins | 0.0 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.09000015 |
| Regular Market Change Percent | -0.6716329 |
| Regular Market Day High | 13.35 |
| Regular Market Day Low | 13.2201 |
| Regular Market Day Range | 13.2201 - 13.35 |
| Regular Market Open | 13.36 |
| Regular Market Previous Close | 13.39 |
| Regular Market Price | 13.3 |
| Regular Market Time | 1,791,992,948 |
| Regular Market Volume | 14,621 |
| Sand P52 Week Change | 0.17004645 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 8,455,000 |
| Shares Percent Shares Out | 0.0023999999 |
| Shares Short | 20,243 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 13,299 |
| Short Name | RiverNorth Managed Duration Mun |
| Short Percent Of Float | 0.0023999999 |
| Short Ratio | 0.79 |
| Source Interval | 15 |
| State | FL |
| Symbol | RMMZ |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.68 |
| Trailing P E | 7.916667 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 14.622095 |
| Two Hundred Day Average Change | -1.3220949 |
| Two Hundred Day Average Change Percent | -0.09041761 |
| Type Disp | Equity |
| Volume | 14,621 |
| Zip | 33,401 |