Overview Performance Dividends Metrics Financials Industry Correlations

9 Stock and 91 ETF RiverNorth Managed Duration Municipal Income Fund (RMM) alternatives

The most close RiverNorth Managed Duration Municipal Income Fund (RMM) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.9034.

Stocks that highly correlated with RMM

Symbol	Name	Market cap	Sector	Industry	Correlation
RFMZ	RiverNorth Flexible Municipal Income Fund II Inc	$312M	Financial Services	Asset Management	0.88
LANDP	Gladstone Land Corp	$227M	Real Estate	Reit - Specialty	0.82
NDMO	Nuveen Dynamic Municipal Opportunities Fund	$624M	Financial Services	Asset Management	0.81
DTG	DTE Energy Company	$3.58B	N/A	N/A	0.80
BON	Bon Natural Life Ltd - Class A	$4.72M	Basic Materials	Specialty Chemicals	0.80
PSA-P-R	Public Storage.	$2.69B	N/A	N/A	0.79
RMMZ	RiverNorth Managed Duration Municipal Income Fund II Inc	$126M	Financial Services	Asset Management	0.79
PSA-P-S	Public Storage.	N/A	N/A	Other	0.78
BAC-P-O	Bank Of America Corp	$123B	N/A	N/A	0.77

ETFs that highly correlated with RMM

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.90
XMPT	VANECK CEF MUNI INCOME ETF	$221M	1.97%	Jul 12, 2011	0.87
HYMB	STATE STREET(R) SPDR NUVEEN ICE HIGH YIELD MUNICIPAL BOND ETF	$3.10B	0.35%	Apr 13, 2011	0.85
RTAI	RAREVIEW TAX ADVANTAGED INCOME ETF	$18M	4.59%	Oct 20, 2020	0.85
VKQ	Invesco Municipal Trust	$562M	N/A	N/A	0.85
MHD	BlackRock MuniHoldings Fund Inc	$2.30B	N/A	N/A	0.85
MMU	Western Asset Managed Municipals Fund Inc	$604M	N/A	N/A	0.84
NMZ	Nuveen Municipal High Income Opportunity Fund	$2.30B	N/A	N/A	0.84
IYRI	NEOS REAL ESTATE HIGH INCOME ETF	$285M	0.68%	Jan 14, 2025	0.84
NAD	Nuveen Quality Municipal Income Fund	$2.80B	N/A	N/A	0.84
VGM	Invesco Trust for Investment Grade Municipals	$568M	N/A	N/A	0.84
NZF	Nuveen Municipal Credit Income Fund	$2.50B	N/A	N/A	0.84
VMO	Invesco Municipal Opportunity Trust	$681M	N/A	N/A	0.84
OVM	OVERLAY SHARES MUNICIPAL BOND ETF	$43M	0.81%	Sep 30, 2019	0.83
SBI	Western Asset Intermediate Muni Fund Inc	$119M	N/A	N/A	0.83
NEA	Nuveen AMT-Free Quality Municipal Income Fund	$3.50B	N/A	N/A	0.83
IQI	Invesco Quality Municipal Income Trust	$541M	N/A	N/A	0.83
EVN	Eaton Vance Municipal Income Trust	$435M	N/A	N/A	0.83
LEO	BNY Mellon Strategic Municipals Inc	$434M	N/A	N/A	0.83
IIM	Invesco Value Municipal Income Trust	$587M	N/A	N/A	0.83
DSM	BNY Mellon Strategic Municipal Bond Fund Inc	$326M	N/A	N/A	0.82
NAC	Nuveen California Quality Municipal Income Fund	$1.90B	N/A	N/A	0.82
MMD	MainStay MacKay DefinedTerm Municipal Opportunities Fund	$310M	N/A	N/A	0.82
MFLX	FIRST TRUST FLEXIBLE MUNICIPAL HIGH INCOME ETF	$20M	0.75%	Sep 27, 2016	0.82
VKI	Invesco Advantage Municipal Income Trust II	$397M	N/A	N/A	0.82
MYN	BlackRock MuniYield New York Quality Fund Inc	$1B	N/A	N/A	0.82
PML	Pimco Municipal Income Fund II	$1B	N/A	N/A	0.82
FLMI	FRANKLIN DYNAMIC MUNICIPAL BOND ETF	$2.30B	0.30%	Aug 31, 2017	0.82
MYI	BlackRock MuniYield Quality Fund III Inc	$1.50B	N/A	N/A	0.82
AFB	AllianceBernstein National Municipal Income Fund Inc	$353M	N/A	N/A	0.82
NAN	Nuveen New York Quality Municipal Income Fund	$375M	N/A	N/A	0.81
YFYA	YIELDS FOR YOU INCOME STRATEGY A ETF	$23M	1.25%	Jan 30, 2025	0.81
VFL	abrdn National Municipal Income Fund	$139M	N/A	N/A	0.81
KTF	DWS Municipal Income Trust	$365M	N/A	N/A	0.81
MFM	MFS Municipal Income Trust	$464M	N/A	N/A	0.81
NVG	Nuveen AMT-Free Municipal Credit Income Fund	$2.80B	N/A	N/A	0.81
BGIG	BAHL & GAYNOR INCOME GROWTH ETF	$2.20B	0.45%	Sep 14, 2023	0.81
MINO	PIMCO MUNICIPAL INCOME OPPORTUNITIES ACTIVE EXCHANGE-TRADED FUND	$720M	0.39%	Sep 8, 2021	0.81
DVRE	WEBs Defined Volatility XLRE ETF	$244K	0.89%	Jul 22, 2025	0.81
NRK	Nuveen New York AMT-Free Quality Municipal Income Fund	$957M	N/A	N/A	0.81
VTN	Invesco Trust For Investment Grade New York Municipals	$161M	N/A	N/A	0.81
FMB	FIRST TRUST MANAGED MUNICIPAL ETF	$2.10B	0.39%	May 13, 2014	0.81
BSMR	INVESCO BULLETSHARES 2027 MUNICIPAL BOND ETF	$345M	0.18%	Sep 25, 2019	0.80
EIM	Eaton Vance Municipal Bond Fund	$543M	N/A	N/A	0.80
MUC	BlackRock MuniHoldings California Quality Fund Inc	$1.50B	N/A	N/A	0.80
ESN	ESSENTIAL 40 STOCK ETF	$297M	0.70%	Jun 11, 2014	0.80
SHYM	iShares High Yield Muni Income Active ETF	$786M	0.40%	Mar 16, 2021	0.80
FMNY	FIRST TRUST NEW YORK MUNICIPAL HIGH INCOME ETF	$39M	0.49%	May 12, 2021	0.80
FCAL	FIRST TRUST CALIFORNIA MUNICIPAL HIGH INCOME ETF	$224M	0.49%	Jun 20, 2017	0.80
MUA	BlackRock Muniassets Fund Inc	$577M	N/A	N/A	0.80
RVNU	XTRACKERS MUNICIPAL INFRASTRUCTURE REVENUE BOND ETF	$145M	0.15%	Jun 4, 2013	0.80
HYGW	ISHARES HIGH YIELD CORPORATE BOND BUYWRITE STRATEGY ETF	$110M	0.69%	Aug 18, 2022	0.80
MQY	BlackRock MuniYield Quality Fund Inc	$1.90B	N/A	N/A	0.79
FMN	Federated Hermes Premier Municipal Income Fund	$98M	N/A	N/A	0.79
VPV	Invesco Pennsylvania Value Municipal Income Trust	$195M	N/A	N/A	0.79
MUJ	BlackRock MuniHoldings New Jersey Quality Fund Inc	$676M	N/A	N/A	0.79
MBND	STATE STREET(R) NUVEEN MUNICIPAL BOND ETF	$28M	0.40%	Feb 4, 2021	0.79
RDFI	RAREVIEW DYNAMIC FIXED INCOME ETF	$83M	4.23%	Oct 20, 2020	0.79
FMHI	FIRST TRUST MUNICIPAL HIGH INCOME ETF	$995M	0.49%	Nov 1, 2017	0.79
QALT	SEI DBI MULTI-STRATEGY ALTERNATIVE ETF	$194M	0.80%	Jun 30, 2023	0.79
NKX	Nuveen California AMT-Free Quality Municipal Income Fund	$667M	N/A	N/A	0.79
UPSD	APTUS LARGE CAP UPSIDE ETF	$111M	0.79%	Nov 20, 2024	0.79
HYD	VANECK HIGH YIELD MUNI ETF	$4.50B	0.32%	Feb 4, 2009	0.79
MFSM	MFS ACTIVE INTERMEDIATE MUNI BOND ETF	$101M	0.34%	Dec 4, 2024	0.79
PZT	INVESCO NEW YORK AMT-FREE MUNICIPAL BOND ETF	$139M	0.28%	Oct 11, 2007	0.79
HMOP	HARTFORD MUNICIPAL OPPORTUNITIES ETF	$783M	0.29%	Dec 13, 2017	0.78
BSMS	INVESCO BULLETSHARES 2028 MUNICIPAL BOND ETF	$307M	0.18%	Sep 25, 2019	0.78
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND ETF SHARES	$49B	0.03%	Aug 21, 2015	0.78
VCRM	VANGUARD CORE TAX-EXEMPT BOND ETF ETF SHARES	$1.70B	0.12%	Nov 21, 2024	0.78
JMUB	JPMORGAN MUNICIPAL ETF	$8B	0.18%	Oct 29, 2018	0.78
TAXF	AMERICAN CENTURY DIVERSIFIED MUNICIPAL BOND ETF	$681M	0.27%	Sep 10, 2018	0.78
AVMU	AVANTIS CORE MUNICIPAL FIXED INCOME ETF	$169M	0.15%	Dec 10, 2020	0.78
VCV	Invesco California Value Municipal Income Trust	$503M	N/A	N/A	0.78
PMO	Putnam Municipal Opportunities Trust	$315M	N/A	N/A	0.78
MFSV	MFS ACTIVE VALUE ETF	$526M	0.44%	Dec 4, 2024	0.78
PNI	Pimco New York Municipal Income Fund II	$190M	N/A	N/A	0.78
FOF	Cohen & Steers Closed-End Opportunity Fund Inc	$380M	N/A	N/A	0.78
INMU	BlackRock Intermediate Muni Income Bond ETF	$523M	0.30%	Mar 16, 2021	0.78
MMCA	NYLI MACKAY CALIFORNIA MUNI INTERMEDIATE ETF	$89M	0.36%	Dec 21, 2021	0.78
NUW	Nuveen AMT-Free Municipal Value Fund	$271M	N/A	N/A	0.78
NYF	ISHARES NEW YORK MUNI BOND ETF	$1.40B	0.09%	Oct 4, 2007	0.78
PMM	Putnam Managed Municipal Income Trust.	$292M	N/A	N/A	0.78
PCEF	INVESCO CEF INCOME COMPOSITE ETF	$831M	2.71%	Feb 19, 2010	0.78
MUST	COLUMBIA MULTI-SECTOR MUNICIPAL INCOME ETF	$602M	0.23%	Oct 10, 2018	0.77
MLN	VANECK LONG MUNI ETF	$700M	0.24%	Jan 2, 2008	0.77
AOK	ISHARES CORE 30/70 CONSERVATIVE ALLOCATION ETF	$813M	0.15%	Nov 4, 2008	0.77
AOM	ISHARES CORE 40/60 MODERATE ALLOCATION ETF	$1.80B	0.15%	Nov 4, 2008	0.77
MUB	ISHARES NATIONAL MUNI BOND ETF	$46B	0.05%	Sep 7, 2007	0.77
BSMT	INVESCO BULLETSHARES 2029 MUNICIPAL BOND ETF	$279M	0.18%	Sep 25, 2019	0.77
MUNI	PIMCO INTERMEDIATE MUNICIPAL BOND ACTIVE EXCHANGE-TRADED FUND	$3.10B	0.35%	Nov 30, 2009	0.77
VLT	Invesco High Income Trust II	$71M	N/A	N/A	0.77