RiverNorth Managed Duration Municipal Income Fund II (RMMZ) Book Value

Price: $15.15
Market Cap: $128.09M
Avg Volume: 22.75K
Country: US
Industry: Asset Management - Income
Sector: Financial Services
Beta: 0.8306575
52W Range: $14.7-16.56
Website: RiverNorth Managed Duration Municipal Income Fund II

What is RiverNorth Managed Duration Municipal Income Fund II's Book Value?

  • RiverNorth Managed Duration Municipal Income Fund II's annual Book Value is $147.11M.
  • RiverNorth Managed Duration Municipal Income Fund II's quarterly Book Value is $147.11M.

What is Book Value?

Book Value represents the total value of a company's assets that shareholders would theoretically receive if a company were liquidated. It is calculated as the total assets minus intangible assets and total liabilities.

How is Book Value calculated?

Book Value is calculated using the following formula:

Book Value = Total Assets - Intangible Assets - Total Liabilities

Related Metrics

Other important metrics to assess RiverNorth Managed Duration Municipal Income Fund II's financial health include:

  • Book Value per Share - measures the per-share value of a company based on its equity:
    • Annual: $0.00
    • Quarterly: $0.00
  • Tangible Book Value per Share - measures the per-share value of a company's tangible assets:
    • Annual: $0.00
    • Quarterly: $0.00

These metrics provide insights into RiverNorth Managed Duration Municipal Income Fund II's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Book Value

$147.11M

Quarterly Book Value

$147.11M

RiverNorth Managed Duration Municipal Income Fund II Historical Book Value
$160.00M$160.00M$120.00M$120.00M$80.00M$80.00M$40.00M$40.00M$0.00$0.00Book ValueJul '22Jul '22Sep '22Sep '22Dec '22Dec '22Mar '23Mar '23Jun '23Jun '23Sep '23Sep '23Dec '23Dec '23Mar '24Mar '24Jun '24Jun '24
Historical Book Value per Share
$20.00$20.00$16.00$16.00$12.00$12.00$8.00$8.00$4.00$4.00$0.00$0.00Book Value per ShareJul '22Jul '22Sep '22Sep '22Dec '22Dec '22Mar '23Mar '23Jun '23Jun '23Aug '23Aug '23Nov '23Nov '23Feb '24Feb '24May '24May '24
Historical Tangible Book Value per Share
$20.00$20.00$16.00$16.00$12.00$12.00$8.00$8.00$4.00$4.00$0.00$0.00Tangible Book Value per ShareJul '22Jul '22Sep '22Sep '22Dec '22Dec '22Mar '23Mar '23Jun '23Jun '23Aug '23Aug '23Nov '23Nov '23Feb '24Feb '24May '24May '24

RiverNorth Managed Duration Municipal Income Fund II Historical Financial Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Book Value Book Value Change Book Value per Share Tangible Book Value per Share
2023 $147.11M 0.94% 0.00 0.00
2022 $145.75M -2.22% 17.31 17.31
2021 $149.06M N/A 0.00 0.00

Related Metrics

Explore detailed financial metrics and analysis for RMMZ.

Financial Analysis
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