RMMZ · NYSE · Closed-end fund
RiverNorth Managed Duration Municipal Income Fund II (RMMZ) Price, Holdings & Fees
RiverNorth Managed Duration Municipal Income Fund II (RMMZ) closed at $1,098.84 on Oct 9, 2026, up 1.53% from the previous close of $1,082.26.
Share price, past year
1Y −7.26%Monthly closing prices
| Date | Close |
|---|---|
| Oct 9, 2026 | $1,098.84 |
| Sep 30, 2026 | $1,088.54 |
| Aug 31, 2026 | $1,094.01 |
| Jul 31, 2026 | $1,088.64 |
| Jun 30, 2026 | $1,104.65 |
| May 29, 2026 | $1,143.51 |
| Apr 30, 2026 | $1,198.36 |
| Mar 31, 2026 | $1,217.58 |
| Feb 27, 2026 | $1,164.04 |
| Jan 30, 2026 | $1,073.36 |
| Dec 31, 2025 | $1,125.94 |
| Nov 28, 2025 | $1,190.06 |
| Oct 31, 2025 | $1,161.91 |
Key statistics
- Expense ratio
- 6.02%
- as of Jun 30, 2026
- Net assets
- $136.2M
- as of Jun 30, 2026
- Holdings
- 103
- as of Jun 30, 2026
- 52-week range
- $1,060.37 – $1,233.16
RiverNorth Managed Duration Municipal Income Fund II's expense ratio is 6.02%: $602.00 a year on $10,000 invested.
Holdings
RiverNorth Managed Duration Municipal Income Fund II held 103 investments worth $136.23M as of Jun 30, 2026. Its largest holding was Blackrock Muniholdings Fund Inc, at 7.75% of the fund.
| # | Holding | % of fund | Value |
|---|---|---|---|
| 1 | Blackrock Muniholdings Fund Inc | 7.75% | $10.56M |
| 2 | Chicago Il | 7.57% | $10.31M |
| 3 | Blackrock Muniyield Quality Fund Inc | 7.54% | $10.27M |
| 4 | Illinois St | 6.24% | $8.50M |
| 5 | New York Ny | 6.01% | $8.19M |
| 6 | Clark Cnty Nv Wtr Reclamation Dist | 5.39% | $7.35M |
| 7 | Michigan St Trunk Line | 4.09% | $5.57M |
| 8 | Triborough Ny Bridge & Tunnel Auth Payroll Mobility Tax | 3.94% | $5.36M |
| 9 | Port Auth Of New York & New Jersey Ny | 3.90% | $5.31M |
| 10 | Tennessee Energy Acquisition Corp Commodity Project Revenue | 3.88% | $5.29M |
| 11 | RHODE ISLAND ST HEALTH & EDL BLDG CORP | 3.87% | $5.28M |
| 12 | Blackrock Muniyield Quality Fund Iii Inc | 3.87% | $5.27M |
| 13 | Gtr Asheville Regl Arpt Auth Nc Arpt Sys Revenue | 3.83% | $5.21M |
| 14 | Hawaii St Arpts Sys Revenue | 3.69% | $5.03M |
| 15 | Ishares National Muni Bond Etf | 3.46% | $4.71M |
| 16 | San Diego Cnty Ca Regl Arpt Auth Airport Revenue | 3.44% | $4.69M |
| 17 | Sacramento City Ca Unif Sch Dist | 3.43% | $4.67M |
| 18 | Blackrock Liquidity Funds Municash | 3.38% | $4.61M |
| 19 | Georgetown Tx Utility Sys Revenue | 3.05% | $4.16M |
| 20 | Invesco Municipal Opportunity Trust | 2.82% | $3.85M |
| 21 | Western Asset Managed Municipals Fund Inc | 2.66% | $3.63M |
| 22 | Invesco Municipal Trust | 2.62% | $3.57M |
| 23 | Blackrock Taxable Municipal Bond Trust | 2.59% | $3.53M |
| 24 | Vanguard Tax-exempt Bond Index Etf | 2.49% | $3.39M |
| 25 | Denver City & Cnty Co Sch Dist #1 | 2.43% | $3.32M |
Top 25 of 103 holdings, as of Jun 30, 2026. Percentages are of the fund's net assets.
What the fund owns
| Asset type | % of fund |
|---|---|
| Stocks | 50.96% |
| Bonds and other debt | 43.82% |
| Cash and short-term investments | 3.38% |
| Interest rate derivatives | −63.19% |
| Country | % of fund |
|---|---|
| United States | 33.47% |
| Guam | 1.51% |
Shares of net assets from the fund's N-PORT report. Funds that borrow can add up to more than 100%, with borrowing (such as repurchase agreements) shown as a negative share.
Monthly total returns
Over the 3 months to Jun 30, 2026, RiverNorth Managed Duration Municipal Income Fund II's total return was +4.23%, as reported to the SEC.
| Month | Total return |
|---|---|
| Jun 30, 2026 | +1.81% |
| May 31, 2026 | +0.87% |
| Apr 30, 2026 | +1.49% |
The fund's own total returns as reported to the SEC (N-PORT), including reinvested distributions. Not the sample prices above.
Fund profile
- Name
- RiverNorth Managed Duration Municipal Income Fund II, Inc.
- Ticker
- RMMZ
- Exchange
- NYSE
- Fund type
- Closed-end fund
- SEC CIK
- 0001870833
- Fractional shares
- No
Recent SEC filings
- Aug 27, 2026
- Sep 4, 2026
- Mar 6, 2026
- Sep 5, 2025
- Mar 7, 2025
- Sep 6, 2024
- Aug 8, 2024
- Mar 8, 2024
Frequently asked questions
What is RMMZ's price?
RiverNorth Managed Duration Municipal Income Fund II (RMMZ) closed at $1,098.84 on Oct 9, 2026, up 1.53% from the previous close of $1,082.26.
What is RMMZ's expense ratio?
RiverNorth Managed Duration Municipal Income Fund II's expense ratio is 6.02%: $602.00 a year on $10,000 invested.
What does RMMZ hold?
RiverNorth Managed Duration Municipal Income Fund II held 103 investments worth $136.23M as of Jun 30, 2026. Its largest holding was Blackrock Muniholdings Fund Inc, at 7.75% of the fund. Its five largest holdings were Blackrock Muniholdings Fund Inc, Chicago Il, Blackrock Muniyield Quality Fund Inc, Illinois St, New York Ny.
How has RMMZ performed?
Over the 3 months to Jun 30, 2026, RiverNorth Managed Duration Municipal Income Fund II's total return was +4.23%, as reported to the SEC.
Sources and methodology
Holdings, net assets and monthly returns come from the fund's N-PORT filing with the SEC, as of Jun 30, 2026 (filed Aug 27, 2026). The expense ratio is from the fund's prospectus or shareholder report, as of Jun 30, 2026. Prices are generated sample data for development. Data sources and disclosures