No. of Recommendations: 0
I recently bought into RiverNorth Managed Duration Muni Inc Fd, ticker RMM. The fund has only been in existence since July. Per MS, it's trading at a 4.7% discount and has a distribution rate of 5.68% whhich is paid monthly. MS does not have information on the funds holdings and there is no leverage ratio provided. Too good to be true, right?

Any thoughts/comments will be most welcome.

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