RiverNorth Managed Duration Municipal Income Fund II

RiverNorth Managed Duration Municipal Income Fund II, Inc. is a closed-end management investment fund focused on municipal bond income. The fund’s primary objective is to provide current income exempt from regular U.S. federal income taxes, while its secondary objective is total return. It invests mainly in municipal bonds and may also use a managed-duration approach that combines active municipal bond selection with exposure to municipal closed-end funds. This structure is designed to give investors diversified access to the tax-advantaged municipal debt market, including securities issued by states, local governments, and related public authorities. RiverNorth Managed Duration Municipal Income Fund II, Inc. plays a specialized role in the fixed income market by seeking income generation within the municipal bond segment through an actively managed, multi-strategy portfolio.