MarketPeel
Insider Trading Intelligence
JR

Jerry Raio

RMMZ
DIRECTOR · RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC. · CIK 0001753342
FILING MIX · LIFETIME92%/8%
BUYS
11
SELLS
1
TOTAL VALUE
$212.2K
COMPANIES
4
ACTIVE SINCE
Oct 2018
HOLDINGS NOW
12,997
AVG SELL PX
$14.94
TRADE KIND
SHOWING 12 / 12
Trades · vs SPY
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Performance · forward returns vs SPY
9 backtested trades · 8 horizons
Forward-return performance of every backtestable P/S trade by Jerry Raio, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d9+88.89%+5.16%+1.49%+3.66%+2.83%
14d9+77.78%+5.93%+2.41%+3.52%+3.48%
30d9+77.78%+5.76%+1.48%+4.28%+3.25%
60d9+77.78%+5.23%+4.35%+0.88%+1.12%
90d9+44.44%+1.58%+2.49%-0.91%-4.06%
180d9+33.33%+3.35%+7.71%-4.36%-3.42%
1y9+44.44%+8.64%+17.78%-9.14%-5.20%
2y9+55.56%+5.23%+37.12%-31.88%-30.99%
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
RMMZ · 3,085 shares · as of Dec 15, 2023
01,0002,0003,0004,0002023SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2018
2019
2019
2019
2019
2020
2020
2020
2020
2021
2021
2021
2021
2022
2022
2022
2022
2023
2023
2023
2023
2024
2024
2024
2024
2025
2025
2025
2025
FLOW · 11 buys / 1 sellsCOVERAGE · 29 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
RIV
RIVERNORTH OPPORTUNITIES FUND, INC.
PURCHASE
3,834$11.95$45.8K8,412.4Oct 10, 2025Oct 14, 2025View →
RMMZ
RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC.
SALE
1,000$14.94$14.9K3,085Dec 15, 2023Dec 18, 2023View →
RMMZ
RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC.
PURCHASE
300$13.10$3.9K3,700Oct 30, 2023Oct 30, 2023View →
RIV
RIVERNORTH OPPORTUNITIES FUND, INC.
PURCHASE
2,500$9.74$24.4K4,000Oct 27, 2023Oct 27, 2023View →
RIV
RIVERNORTH OPPORTUNITIES FUND, INC.
PURCHASE
1,500$11.55$17.3K1,500Apr 10, 2023Apr 11, 2023View →
RMMZ
RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC.
PURCHASE
1,000$19.01$19.0K4,000Mar 21, 2022Mar 22, 2022View →
RMMZ
RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC.
PURCHASE
1,000$18.79$18.8K2,000Feb 11, 2022Feb 14, 2022View →
RMMZ
RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC.
PURCHASE
1,000$19.00$19.0K1,000Feb 11, 2022Feb 14, 2022View →
RMMZ
RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND II, INC.
PURCHASE
1,000$19.37$19.4K3,000Feb 11, 2022Feb 14, 2022View →
RFM
RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND, INC.
PURCHASE
250$18.78$4.7K1,000May 19, 2020Jun 2, 2020View →
RFM
RIVERNORTH FLEXIBLE MUNICIPAL INCOME FUND, INC.
PURCHASE
750$20.00$15.0K750Mar 27, 2020Mar 31, 2020View →
RMI
RIVERNORTH OPPORTUNISTIC MUNICIPAL INCOME FUND, INC.
PURCHASE
500$20.00$10.0K500Oct 26, 2018Jun 2, 2020View →
Other insiders · RMMZ
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About this filer
CIK 0001753342
ROLE
Director
PRIMARY
RMMZ
COMPANIES
4
ACTIVE SINCE
Oct 2018
MARKETPEEL · /INSIDER/0001753342DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
FREE · DAILY · 6 AM ET

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