MetaCap

Templeton Emerging Markets Fund (EMF) vs RiverNorth Flexible Municipal Income Fund II (RFMZ)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Templeton Emerging Markets Fund is the larger company by market cap ($334.5 million vs $279.8 million), about 1.2 times the size. On valuation, Templeton Emerging Markets Fund trades at a lower trailing P/E (2.4x vs 7.2x for RiverNorth Flexible Municipal Income Fund II). Templeton Emerging Markets Fund pays a dividend yielding 3.93%, while RiverNorth Flexible Municipal Income Fund II does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

EMF-0.98%RFMZ-0.61%
+0%-0%-1%
Oct 7, 20261 yearOct 8, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

EMF versus RFMZ key metrics
MetricEMFRFMZ
Share price$22.38$11.49
Market cap$334.53M$279.75M
1-day change+0.86%+1.31%
YTD return—-10.43%
1-year return—-13.70%
5-year return—-45.91%
P/E ratio (TTM)2.397.18
EPS (TTM)$9.35$1.60
Dividend yield3.93%8.51%
Annual dividend$0.88$0.00
52-week high$24.70$13.70
52-week low$16.07$11.31
Distance from 52-week high-9.39%-16.15%
Average volume31.58K73.27K
Shares outstanding14.95M24.35M
SectorFinanceFinance
IndustryFinance/Investors ServicesFinance/Investors Services

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

  • RiverNorth Flexible Municipal Income Fund II trades at a higher earnings multiple (7.2x vs 2.4x trailing P/E).
  • RiverNorth Flexible Municipal Income Fund II offers a meaningfully higher dividend yield (8.51% vs 3.93%).

About Templeton Emerging Markets Fund

EMF stock →

Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc. The fund is managed by Templeton Asset Management Ltd.

Finance · Finance/Investors Services

EMF vs RFMZ FAQ

Which is bigger, Templeton Emerging Markets Fund or RiverNorth Flexible Municipal Income Fund II?

Templeton Emerging Markets Fund (EMF) is larger, with a market capitalization of $334.53M compared with $279.75M for RiverNorth Flexible Municipal Income Fund II (RFMZ).

Which has the lower P/E ratio, EMF or RFMZ?

EMF has the lower trailing P/E at 2.4, versus 7.2 for RFMZ. 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, Templeton Emerging Markets Fund or RiverNorth Flexible Municipal Income Fund II?

RiverNorth Flexible Municipal Income Fund II has the higher yield at 8.51%, compared with 3.93% for Templeton Emerging Markets Fund.

Are Templeton Emerging Markets Fund and RiverNorth Flexible Municipal Income Fund II in the same industry?

Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.

More comparisons