The Discounted Cash Flow (DCF) valuation of RiverNorth Managed Duration Municipal Income Fund Inc (RMM) is 2.73 USD. With the latest stock price at 13.55 USD, the upside of RiverNorth Managed Duration Municipal Income Fund Inc based on DCF is -79.9%.
Based on the latest price of 13.55 USD and our DCF valuation, RiverNorth Managed Duration Municipal Income Fund Inc (RMM) is a sell. selling RMM stocks now will result in a potential gain of 79.9%.
Range | Selected | |
WACC / Discount Rate | 7.4% - 12.7% | 10.1% |
Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
Fair Price | (0.90) - 12.29 | 2.73 |
Upside | -106.7% - -9.3% | -79.9% |