Hennessy Advisors (HNNA) 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 11, 2026.
Summary
Hennessy Advisors (HNNA) has outperformed RiverNorth Managed Duration Municipal Income Fund II (RMMZ) over the past year, losing 2.8% versus a loss of 11.3%. RiverNorth Managed Duration Municipal Income Fund II is the larger company by market cap ($112.3 million vs $80.5 million), about 1.4 times the size. On valuation, RiverNorth Managed Duration Municipal Income Fund II trades at a lower trailing P/E (7.9x vs 9.7x for Hennessy Advisors).
Hennessy Advisors pays a dividend yielding 5.67%, 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 | HNNA | RMMZ |
|---|---|---|
| Share price | $10.19 | $13.28 |
| Market cap | $80.55M | $112.28M |
| 1-day change | -0.20% | +2.71% |
| YTD return | +6.15% | -8.54% |
| 1-year return | -2.77% | -11.29% |
| 5-year return | -2.02% | — |
| P/E ratio (TTM) | 9.70 | 7.90 |
| Forward P/E | 8.15 | — |
| EPS (TTM) | $1.05 | $1.68 |
| Dividend yield | 5.67% | 8.05% |
| Annual dividend | $0.578 | $0.00 |
| 52-week high | $11.02 | $15.29 |
| 52-week low | $8.90 | $12.77 |
| Distance from 52-week high | -7.53% | -13.15% |
| Average volume | 6.91K | 20.72K |
| Shares outstanding | 7.90M | 8.46M |
| Employees | 17 | — |
| 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
- RiverNorth Managed Duration Municipal Income Fund II offers a meaningfully higher dividend yield (8.05% vs 5.67%).
About Hennessy Advisors
HNNA stock →Hennessy Advisors, Inc. is an publicly owned investment manager.
Finance · Investment Managers · 17 employees
HNNA vs RMMZ FAQ
Which is bigger, Hennessy Advisors 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 $80.55M for Hennessy Advisors (HNNA).
Which stock has performed better over the past year, HNNA or RMMZ?
HNNA returned -2.77% over the past 12 months, compared with -11.29% for RMMZ (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HNNA or RMMZ?
RMMZ has the lower trailing P/E at 7.9, versus 9.7 for HNNA. 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, Hennessy Advisors or RiverNorth Managed Duration Municipal Income Fund II?
RiverNorth Managed Duration Municipal Income Fund II has the higher yield at 8.05%, compared with 5.67% for Hennessy Advisors.
Are Hennessy Advisors 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.