Rivernorth Managed Duration Municipal Income Fund Inc. Declares Distribution the Month of January, February and March 2022, Payable on January 31, 2022, February 28, 2022 and March 31, 2022 Respectively
January 04, 2022 at 03:12 am IST
Share
Rivernorth Managed Duration Municipal Income Fund Inc. declared monthly distribution of $0.0929 per share for January, February and March 2022. This dividends are payable on January 29, 2021, February 26, 2021 and March 31, 2021 with a record date of January 14, 2022, February 11, 2022 and March 17, 2022 and ex-date of January 13, 2022, February 10, 2022 and March 16, 2022 respectively.
RiverNorth Managed Duration Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fundâs primary investment objective is to seek current income exempt from regular United States federal income taxes. The Fundâs secondary investment objective is total return. The Companyâs investment strategy includes Tactical Municipal Closed-End Fund (CEF) Strategy and Municipal Bond Income Strategy. The Tactical Municipal CEF Strategy typically invests in municipal CEFs and exchange-traded funds (ETFs) and other investment companies. The Municipal Bond Income Strategy primarily invests in municipal bonds of any credit quality, including securities that are rated below investment grade. The Fundâs investment adviser is RiverNorth Capital Management, LLC and the Fundâs sub-adviser is MacKay Shields, LLC.
Rivernorth Managed Duration Municipal Income Fund Inc. Declares Distribution the Month of January, February and March 2022, Payable on January 31, 2022, February 28, 2022 and March 31, 2022 Respectively