RiverNorth Managed Duration Municipal Income Fund Inc (RMM) — Cash Flow Quality Index
RiverNorth Managed Duration Municipal Income Fund Inc (RMM) has a Cash Flow Quality Index of 0.95x as of December 2021. Operating cash flow of $3.77 Million is below net income of $3.95 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of RiverNorth Managed Duration Municipal In to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
RiverNorth Managed Duration Municipal Income Fund Inc Cash Flow Quality Index (2020–2023)
Historical Cash Flow Quality Index for RiverNorth Managed Duration Municipal Income Fund Inc across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see RiverNorth Managed Duration Municipal In cash flow conversion.
Annual Cash Flow Quality Index for RiverNorth Managed Duration Municipal Income Fund Inc (2020–2023)
Year-by-year earnings quality comparison for RiverNorth Managed Duration Municipal Income Fund Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 1.49x | $37.67 Million | $25.27 Million | ▼ -24.7% |
| 2022 | 1.98x | $37.70 Million | $19.03 Million | ▲ +241.3% |
| 2020 | 0.58x | $40.14 Million | $69.16 Million | — |