GDL Fund The (GDL) 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 10, 2026.
Summary
RiverNorth Managed Duration Municipal Income Fund II is the larger company by market cap ($112.3 million vs $90.3 million), about 1.2 times the size. On valuation, RiverNorth Managed Duration Municipal Income Fund II trades at a lower trailing P/E (7.9x vs 12.6x for GDL Fund The).
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 | GDL | RMMZ |
|---|---|---|
| Share price | $8.41 | $13.28 |
| Market cap | $90.35M | $112.28M |
| 1-day change | +0.96% | +2.71% |
| YTD return | — | -8.54% |
| 1-year return | — | -10.87% |
| P/E ratio (TTM) | 12.55 | 7.90 |
| EPS (TTM) | $0.67 | $1.68 |
| Dividend yield | 5.71% | 8.05% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $8.67 | $15.29 |
| 52-week low | $8.01 | $12.77 |
| Distance from 52-week high | -3.00% | -13.15% |
| Average volume | 10.90K | 20.01K |
| Shares outstanding | 10.74M | 8.46M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
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
- GDL Fund The trades at a higher earnings multiple (12.6x vs 7.9x trailing P/E).
- RiverNorth Managed Duration Municipal Income Fund II offers a meaningfully higher dividend yield (8.05% vs 5.71%).
About GDL Fund The
GDL stock →The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC.
Finance · Investment Managers
GDL vs RMMZ FAQ
Which is bigger, GDL Fund The or RiverNorth Managed Duration Municipal Income Fund II?
RiverNorth Managed Duration Municipal Income Fund II (RMMZ) is larger, with a market capitalization of $112.28M compared with $90.35M for GDL Fund The (GDL).
Which has the lower P/E ratio, GDL or RMMZ?
RMMZ has the lower trailing P/E at 7.9, versus 12.6 for GDL. 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, GDL Fund The or RiverNorth Managed Duration Municipal Income Fund II?
RiverNorth Managed Duration Municipal Income Fund II has the higher yield at 8.05%, compared with 5.71% for GDL Fund The.
Are GDL Fund The and RiverNorth Managed Duration Municipal Income Fund II in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.