lag 1dρ +0.21holdout +0.26stable 100%$/day $120krobust
RMM RiverNorth Managed Duration Municipal Income Fund, Inc.
- Last close
- 13.37
- 504-day return
- +0.91%
- Median $/day
- $778k
- Relationships shown
- 13
- Leader rank
- #529
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
Same exposure: RMMZ move almost identically to RMM (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.
RMM vs RFMZ
Both indexed to 100 at 2026-05-11.
Follows RMM
These tend to repeat RMM's moves later.
Moves with RMM
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.60beyond mkt +0.49holdout +0.55stable 100%robust
ρ +0.52beyond mkt +0.41holdout +0.45stable 100%robust
ρ +0.54beyond mkt +0.39holdout +0.56stable 100%robust
ρ +0.53beyond mkt +0.37holdout +0.57stable 100%robust
ρ +0.53beyond mkt +0.37holdout +0.60stable 100%robust
ρ +0.50beyond mkt +0.36holdout +0.49stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.52holdout +0.59stable 75%robust
horizon 10dρ +0.51holdout +0.60stable 75%robust
horizon 10dρ +0.37holdout +0.57stable 88%robust
horizon 5dρ +0.36holdout +0.04stable 62%moderate
horizon 5dρ +0.33holdout +0.43stable 50%moderate
horizon 5dρ +0.32holdout +0.54stable 62%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.49recent -0.35prior +0.14beyond mkt +0.00
Δ +0.48recent +0.46prior -0.02beyond mkt -0.09
Δ +0.46recent +0.54prior +0.08beyond mkt +0.01
Δ -0.45recent -0.32prior +0.13beyond mkt +0.00
Δ +0.44recent +0.53prior +0.10beyond mkt +0.01
Δ +0.43recent +0.46prior +0.03beyond mkt +0.05
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| RFMZ RiverNorth Flexible Municipal Income Fund II, Inc. | +0.49 | +0.60 | 20 | |
| PML PIMCO MUNICIPAL INCOME FUND II COMMON SHARES OF BENEFICIAL INT. | +0.39 | +0.54 | 19 | |
| MYI BLACKROCK MUNIYIELD QUALITY FUND III, INC. | +0.37 | +0.53 | 19 | |
| OIA INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST | +0.36 | +0.50 | 19 | |
| RMI RiverNorth Opportunistic Municipal Income Fund, Inc. Common Stock | +0.41 | +0.52 | 21 | |
| IIM INVESCO VALUE MUNICIPAL INCOME TRUST | +0.37 | +0.53 | 22 |