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RiverNorth Managed Duration Muni Fd (RiverNorth Managed Duration Muni Fd) Total Stockholders Equity : $321.95 Mil (As of Dec. 2023)


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What is RiverNorth Managed Duration Muni Fd Total Stockholders Equity?

RiverNorth Managed Duration Muni Fd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $321.95 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. RiverNorth Managed Duration Muni Fd's Book Value per Share for the quarter that ended in Dec. 2023 was $16.31. The ratio of a company's debt over equity can be used to measure how leveraged this company is. RiverNorth Managed Duration Muni Fd's Debt-to-Equity for the quarter that ended in Dec. 2023 was 0.62.

RiverNorth Managed Duration Muni Fd Total Stockholders Equity Historical Data

The historical data trend for RiverNorth Managed Duration Muni Fd's Total Stockholders Equity 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.

* Premium members only.

RiverNorth Managed Duration Muni Fd Total Stockholders Equity Chart

RiverNorth Managed Duration Muni Fd Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Total Stockholders Equity
359.37 406.81 324.06 321.30

RiverNorth Managed Duration Muni Fd Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Stockholders Equity Get a 7-Day Free Trial 399.90 324.06 321.04 321.30 321.95

RiverNorth Managed Duration Muni Fd  (NYSE:RMM) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

RiverNorth Managed Duration Muni Fd's Book Value per Share for the quarter that ended in Dec. 2023 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(321.945-0)/19.7396
=16.31

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

RiverNorth Managed Duration Muni Fd's Debt-to-Equity for the quarter that ended in Dec. 2023 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 201.205) / 321.945
=0.62

* 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 Muni Fd Total Stockholders Equity Related Terms

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RiverNorth Managed Duration Muni Fd (RiverNorth Managed Duration Muni Fd) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RiverNorth Managed Duration Muni Inc Fd (NYSE:RMM) » Definitions » Total Stockholders Equity
Comparable Companies
FCT PMM MCR SPXX BYM HYI MMT JGH BGT OIA BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
Website
https://www.rivernorth.com
RiverNorth Managed Duration Muni Inc Fd is a United States based diversified, closed-end management investment company. Its primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
Executives
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Patrick W. Galley director, officer: President 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
John J Lawlor other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert A Dimella other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Stephen Andrew O'neill director, other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Brian H Schmucker other: Officer of Investment Adviser 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
David Dowden other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
Michael Petty other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Scott Sprauer other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mackay Shields Llc other: Sub-Adviser 1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
John M Loffredo other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert Patrick Burke other: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654

RiverNorth Managed Duration Muni Fd (RiverNorth Managed Duration Muni Fd) Headlines

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