Earnings Summary

Rivernorth Managed Duration’s price-to-earnings ratio after this Q2 2023 earnings stands at 15.97.

Rivernorth Managed Duration’s earning per share (EPS) estimates for the current year stand at 0.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Rivernorth Managed Duration’s return on assets (ROA) stands at 0.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Rivernorth Managed Duration’s return on equity (ROE) stands at -16.66.

Rivernorth Managed Duration declared 0.27 dividend per share during the earnings announcement for Q2 2023.