ArrowMark Financial (BANX) vs RiverNorth Managed Duration Municipal Income Fund (RMM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
ArrowMark Financial (BANX) has outperformed RiverNorth Managed Duration Municipal Income Fund (RMM) over the past year, losing 9.1% versus a loss of 9.6%. Over five years, BANX leads with a -11.8% price change compared with -34.5% for RMM. RiverNorth Managed Duration Municipal Income Fund is the larger company by market cap ($254.0 million vs $190.3 million), about 1.3 times the size.
On valuation, RiverNorth Managed Duration Municipal Income Fund trades at a lower trailing P/E (7.7x vs 18.4x for ArrowMark Financial). ArrowMark Financial pays a dividend yielding 9.16%, while RiverNorth Managed Duration Municipal Income Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BANX | RMM |
|---|---|---|
| Share price | $19.64 | $12.87 |
| Market cap | $190.29M | $254.05M |
| 1-day change | -0.46% | +2.22% |
| YTD return | -9.58% | -5.44% |
| 1-year return | -9.08% | -9.62% |
| 5-year return | -11.84% | -34.47% |
| P/E ratio (TTM) | 18.36 | 7.66 |
| Forward P/E | 8.65 | — |
| EPS (TTM) | $1.07 | $1.68 |
| Dividend yield | 9.16% | 7.90% |
| Annual dividend | $1.80 | $0.00 |
| 52-week high | $22.50 | $15.00 |
| 52-week low | $18.45 | $12.15 |
| Distance from 52-week high | -12.71% | -14.20% |
| Average volume | 37.53K | 59.01K |
| Shares outstanding | 9.69M | 19.74M |
| Sector | Finance | Financial Services |
| Industry | Trusts Except Educational Religious and Charitable | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ArrowMark Financial trades at a higher earnings multiple (18.4x vs 7.7x trailing P/E).
- ArrowMark Financial offers a meaningfully higher dividend yield (9.16% vs 7.90%).
- The two companies sit in different sectors: ArrowMark Financial in Finance and RiverNorth Managed Duration Municipal Income Fund in Financial Services.
About ArrowMark Financial
BANX stock →ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC.
Finance · Trusts Except Educational Religious and Charitable
About RiverNorth Managed Duration Municipal Income Fund
RMM stock →Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC.
Financial Services · Asset Management
BANX vs RMM FAQ
Which is bigger, ArrowMark Financial or RiverNorth Managed Duration Municipal Income Fund?
RiverNorth Managed Duration Municipal Income Fund (RMM) is larger, with a market capitalization of $254.05M compared with $190.29M for ArrowMark Financial (BANX).
Which stock has performed better over the past year, BANX or RMM?
BANX returned -9.08% over the past 12 months, compared with -9.62% for RMM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BANX or RMM?
RMM has the lower trailing P/E at 7.7, versus 18.4 for BANX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, ArrowMark Financial or RiverNorth Managed Duration Municipal Income Fund?
ArrowMark Financial has the higher yield at 9.16%, compared with 7.90% for RiverNorth Managed Duration Municipal Income Fund.
Are ArrowMark Financial and RiverNorth Managed Duration Municipal Income Fund in the same industry?
No. ArrowMark Financial is in the Finance sector, while RiverNorth Managed Duration Municipal Income Fund is in Financial Services.