[Form 3/A] RiverNorth Managed Duration Municipal Income Fund II, Inc. Amended Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
RiverNorth Strategic Holdings, LLC filed an amended Form 3/A with the SEC disclosing its initial beneficial ownership in RiverNorth Managed Duration Municipal Income Fund II, Inc. (ticker: RMMZ).
- Ownership disclosed: 47,687 common shares of beneficial interest, held directly (D).
- Reason for amendment: The original 26-Nov-2024 filing incorrectly included the market value in Box 2; this amendment replaces that figure with the correct share count only.
- Date of event: 22-Nov-2024; Signature date: 10-Jul-2025 (signed by Marc Collins).
- Reporting person status: Checked as a 10% Owner and “Officer – Holding Co.”
This filing is a routine compliance update under Section 16(a) and does not provide financial performance data or indicate any transaction in the shares—only the confirmation of current ownership.
Positive
- None.
Negative
- None.
Insights
TL;DR: Administrative amendment; confirms 47,687 RMMZ shares held, no transaction, minimal market impact.
The Form 3/A merely corrects a clerical error from the November 2024 submission by removing an inaccurately reported market value figure. The substantive information—direct ownership of 47,687 common shares—remains unchanged. No purchase or sale is reported, and there is no accompanying valuation, pricing, or strategic commentary. As such, the filing is neutral in investment significance and should not materially influence RMMZ’s valuation or trading dynamics. Investors may view the correction as a demonstration of compliance rigor rather than a signal of changing insider sentiment.