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RiverNorth Managed Duration Municipal Income Fund II (RMMZ)

National Muni Bond Funds - National Municipal (tax-free) Bond

Data as of Aug. 12, 2022
Current
Market Price $17.59 (+ $0.46)
NAV (May 3, 2022) $18.55 (+ $0.01)
Fund Listed NYSE
Premium / Discount -5.18% (+2.43%)
Fund Info
Inception Feb. 11, 2022
Sponsor RiverNorth Capital Managment, LLC
Website https://www.rivernorth...
Phone 844.569.4750
NAV Symbol XRMZX
Location Illinois
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board No
Objective: Current income exempt from regular U.S. federal income taxes and total return as secondary objective. The fund will invests at least 80% of its Managed Assets in municipal bonds.
Related Indexes
Term Municipal Fund Index
Capital & Leverage
Outstanding Shares 8,455,916
Total Assets (Reported: ) $M
Estimated Total Assets $249M
Net Assets $157M
Market Cap $149M
Portfolio Turnover %
Total Leverage 37.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 100.00%
Expense Ratio %
Non Lev Exp Ratio %
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -11.12%
Discount High(3 Yr) 3.36%
Discount Rel Range 41.05%
Comp Discount -2.13
Discount St Dev (1Yr)
Z-Stat
Z-Stat (6mo) -0.35
Z-Stat (1Yr)
Z-Stat (3Yr)
Comp Z-Stat (6mo) -1.74
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 7.11%
Income Yield 3.29%
Lev Adj NAV Yield 4.92%
Distribution Frequency M
Current Distribution $0.104
Current Income $0.048
Ex-Date 8/16/22
Payable Date 8/31/22
Div Growth (3yr) %
Dividend Change % on
Expected Div 10/3/22
RoC (1yr) 61.09%
RoC (3yr) 61.09%
Volume & Liquidity
Average Daily $ (K) $352
Avg Volume 30 day 19,581
Avg Volume 90 day 19,995
Volume Trend -2.07%
Comp Volume Trend 21.87%
Correlation & Volatility
NAV - Price Correlation (30 d) 65.7%
NAV - Price Correlation (90 d) 68.5%
NAV - Price Correlation (1 Yr) %
Price St Dev (1Yr) %
NAV St Dev (1Yr) %
Earnings
Earnings / Share () $
Earn Coverage %
Earnings Trend None
UNII / Share () $
Rel UNII
UNII Trend None
Bond Specific Data
Maturity
Duration 6.86
Credit Rating (rbo)
Investment Grade None%
Non Investment Grade None%
Unrated Bonds None%
Average Bond Price None
Discount vs Price
Coupon 4.00%
Zero Coupon 0.00%
AMT 8.10%
AMT Yield 6.95%
Bond Calls Risk None%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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