Rivernorth Managed Duration Municipal Income Fund Inc. Announces the Declaration of Monthly Distributions, Payable on October 30, 2020, November 30, 2020 and December 31, 2020, Respectively
October 05, 2020 at 09:30 pm
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Rivernorth Managed Duration Municipal Income Fund Inc. announced the declaration of monthly distributions of $0.0917 per common share for the months of October, November and December 2020. Ex-dividend dates are October 15, 2020, November 12, 2020 and December 16, 2020. Record dates are October 16, 2020, November 13, 2020 and December 17, 2020. Payable dates are October 30, 2020, November 30, 2020 and December 31, 2020.
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. Announces the Declaration of Monthly Distributions, Payable on October 30, 2020, November 30, 2020 and December 31, 2020, Respectively
RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND INC. 
