RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ)Financial Services | Asset Management | West Palm Beach, United States | NYSE
15.10 USD
+0.23
(1.513%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 15.10 |
Hot Take ↕ | Aug. 22, 2026, 4:11 a.m. EDT
The fund presents a classic income vehicle with significant structural headwinds. The headline feature is a robust 7.32% yield, driven by a highly sustainable payout ratio of roughly 14%, which suggests the distribution is well-covered by earnings rather than eroding capital. However, this attractive yield comes at the cost of severe capital preservation issues; the asset has lost over 10% of its value over the last three years, with the most recent annual period seeing a nearly 7% decline. While the recent price action shows a slight stabilization near the 50-day moving average, the underlying trend remains negative, and the statistical forecast offers no meaningful upward bias for the coming month. For investors seeking pure income, the payout is reliable, but the price trajectory indicates the market is pricing in continued challenges for the underlying municipal bond portfolio. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.006231 |
| AutoARIMA | 0.006785 |
| AutoETS | 0.006851 |
| AutoTheta | 0.007828 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 62% |
| H-stat | 2.40 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.394 |
| Excess Kurtosis | 0.35 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-09-14 |
| Last Dividend Date | 2026-08-13 |
| Market Cap | 127,670,504 |
| Trailing P/E | 188.75 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.60% | 7.33% | 7.49% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 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 | 0.04476583 |
| Address1 | 360 South Rosemary Avenue |
| Address2 | Suite 1420 |
| All Time High | 20.5 |
| All Time Low | 12.92 |
| Ask | 14.7 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 14,750 |
| Average Daily Volume3 Month | 13,965 |
| Average Volume | 13,965 |
| Average Volume10Days | 14,750 |
| Bid | 14.59 |
| Bid Size | 1,500 |
| City | West Palm Beach |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 15.1 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 15.17 |
| Day Low | 14.52 |
| Display Name | RiverNorth Managed Duration Municipal Income Fund II |
| Dividend Rate | 1.07 |
| Dividend Yield | 7.19 |
| Ebitda Margins | 0.0 |
| Eps Trailing Twelve Months | 0.08 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,789,430,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.84186 |
| Fifty Day Average Change | 0.25814056 |
| Fifty Day Average Change Percent | 0.017392738 |
| Fifty Two Week Change Percent | 4.476583 |
| Fifty Two Week High | 15.29 |
| Fifty Two Week High Change | -0.18999958 |
| Fifty Two Week High Change Percent | -0.012426395 |
| Fifty Two Week Low | 14.16 |
| Fifty Two Week Low Change | 0.94000053 |
| Fifty Two Week Low Change Percent | 0.06638422 |
| Fifty Two Week Range | 14.16 - 15.29 |
| First Trade Date Milliseconds | 1,644,589,800,000 |
| Full Exchange Name | NYSE |
| Fullday Change | 0.225 |
| Fullday Change Percent | 1.51261 |
| Fullday Price | 15.1 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00564 |
| Held Percent Institutions | 0.19438 |
| Implied Shares Outstanding | 8,455,000 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Language | en-US |
| Last Dividend Date | 1,786,665,600 |
| Last Dividend Value | 0.089 |
| Long Name | RiverNorth Managed Duration Municipal Income Fund II, Inc. |
| Market | us_market |
| Market Cap | 127,670,504 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1672833674 |
| Non Diluted Market Cap | 125,768,125 |
| Open | 14.83 |
| Operating Margins | 0.0 |
| Payout Ratio | 14.265 |
| Phone | (561) 484-7185 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 15.1 |
| Post Market Time | 1,787,951,100 |
| Previous Close | 14.875 |
| Price Hint | 2 |
| Profit Margins | 0.0 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.225 |
| Regular Market Change Percent | 1.51261 |
| Regular Market Day High | 15.17 |
| Regular Market Day Low | 14.52 |
| Regular Market Day Range | 14.52 - 15.17 |
| Regular Market Open | 14.83 |
| Regular Market Previous Close | 14.875 |
| Regular Market Price | 15.1 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 35,892 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 8,455,000 |
| Shares Percent Shares Out | 0.002 |
| Shares Short | 16,976 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 23,606 |
| Short Name | RiverNorth Managed Duration Mun |
| Short Percent Of Float | 0.002 |
| Short Ratio | 1.54 |
| Source Interval | 15 |
| State | FL |
| Symbol | RMMZ |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.08 |
| Trailing P E | 188.75002 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 14.78844 |
| Two Hundred Day Average Change | 0.31156063 |
| Two Hundred Day Average Change Percent | 0.02106785 |
| Type Disp | Equity |
| Volume | 35,892 |
| Zip | 33,401 |