Rivernorth Managed Duration Municipal Income Fund Inc. Announces the Declaration of Monthly Distributions, Payable on July 31, 2020, August 31, 2020 and September 30, 2020, Respectively
July 07, 2020 at 04:30 pm EDT
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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 July, August and September 2020. Ex-dividend dates are July 16, 2020, August 13, 2020 and September 15, 2020. Record dates are July 17, 2020, August 14, 2020 and September 16, 2020. Payable dates are July 31, 2020, August 31, 2020 and September 30, 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 July 31, 2020, August 31, 2020 and September 30, 2020, Respectively
RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND INC. 
