Western Asset Mortgage Opportunity Fund (DMO) vs RiverNorth Managed Duration Municipal Income Fund II (RMMZ)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
RiverNorth Managed Duration Municipal Income Fund II is the larger company by market cap ($109.3 million vs $107.2 million), about 1.0 times the size. On valuation, RiverNorth Managed Duration Municipal Income Fund II trades at a lower trailing P/E (7.7x vs 10.9x for Western Asset Mortgage Opportunity Fund). Western Asset Mortgage Opportunity Fund pays a dividend yielding 15.88%, while RiverNorth Managed Duration Municipal Income Fund II 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 | DMO | RMMZ |
|---|---|---|
| Share price | $9.38 | $12.93 |
| Market cap | $107.19M | $109.32M |
| 1-day change | +0.43% | -0.69% |
| YTD return | — | -10.95% |
| 1-year return | — | -12.85% |
| P/E ratio (TTM) | 10.91 | 7.70 |
| EPS (TTM) | $0.86 | $1.68 |
| Dividend yield | 15.88% | 8.21% |
| Annual dividend | $1.49 | $0.00 |
| 52-week high | $12.08 | $15.29 |
| 52-week low | $9.29 | $12.77 |
| Distance from 52-week high | -22.35% | -15.43% |
| Average volume | 53.72K | 19.94K |
| Shares outstanding | 11.43M | 8.46M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | 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
- Western Asset Mortgage Opportunity Fund trades at a higher earnings multiple (10.9x vs 7.7x trailing P/E).
- Western Asset Mortgage Opportunity Fund offers a meaningfully higher dividend yield (15.88% vs 8.21%).
About Western Asset Mortgage Opportunity Fund
DMO stock →Western Asset Mortgage Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Financial Services · Asset Management
DMO vs RMMZ FAQ
Which is bigger, Western Asset Mortgage Opportunity Fund or RiverNorth Managed Duration Municipal Income Fund II?
RiverNorth Managed Duration Municipal Income Fund II (RMMZ) is larger, with a market capitalization of $109.32M compared with $107.19M for Western Asset Mortgage Opportunity Fund (DMO).
Which has the lower P/E ratio, DMO or RMMZ?
RMMZ has the lower trailing P/E at 7.7, versus 10.9 for DMO. 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, Western Asset Mortgage Opportunity Fund or RiverNorth Managed Duration Municipal Income Fund II?
Western Asset Mortgage Opportunity Fund has the higher yield at 15.88%, compared with 8.21% for RiverNorth Managed Duration Municipal Income Fund II.
Are Western Asset Mortgage Opportunity Fund and RiverNorth Managed Duration Municipal Income Fund II in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.