Western Asset High Yield Opportunity Fund (HYI) 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
Western Asset High Yield Opportunity Fund is the larger company by market cap ($124.9 million vs $112.3 million), about 1.1 times the size. On valuation, RiverNorth Managed Duration Municipal Income Fund II trades at a lower trailing P/E (7.9x vs 11.1x for Western Asset High Yield Opportunity Fund).
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 | HYI | RMMZ |
|---|---|---|
| Share price | $9.75 | $13.28 |
| Market cap | $124.94M | $112.28M |
| 1-day change | +0.41% | +2.71% |
| YTD return | — | -8.54% |
| 1-year return | — | -10.87% |
| P/E ratio (TTM) | 11.08 | 7.90 |
| EPS (TTM) | $0.88 | $1.68 |
| Dividend yield | 11.69% | 8.05% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $11.60 | $15.29 |
| 52-week low | $9.61 | $12.77 |
| Distance from 52-week high | -15.95% | -13.15% |
| Average volume | 62.23K | 20.01K |
| Shares outstanding | 12.81M | 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
- Western Asset High Yield Opportunity Fund trades at a higher earnings multiple (11.1x vs 7.9x trailing P/E).
- Western Asset High Yield Opportunity Fund offers a meaningfully higher dividend yield (11.69% vs 8.05%).
About Western Asset High Yield Opportunity Fund
HYI stock →Western Asset High Yield Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Finance · Investment Managers
HYI vs RMMZ FAQ
Which is bigger, Western Asset High Yield Opportunity Fund or RiverNorth Managed Duration Municipal Income Fund II?
Western Asset High Yield Opportunity Fund (HYI) is larger, with a market capitalization of $124.94M compared with $112.28M for RiverNorth Managed Duration Municipal Income Fund II (RMMZ).
Which has the lower P/E ratio, HYI or RMMZ?
RMMZ has the lower trailing P/E at 7.9, versus 11.1 for HYI. 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 High Yield Opportunity Fund or RiverNorth Managed Duration Municipal Income Fund II?
Western Asset High Yield Opportunity Fund has the higher yield at 11.69%, compared with 8.05% for RiverNorth Managed Duration Municipal Income Fund II.
Are Western Asset High Yield Opportunity Fund 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.