abrdn Australia Equity Fund (IAF) vs RiverNorth Opportunistic Municipal Income Fund (RMI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
abrdn Australia Equity Fund is the larger company by market cap ($120.3 million vs $87.3 million), about 1.4 times the size. On valuation, abrdn Australia Equity Fund trades at a lower trailing P/E (7.2x vs 7.6x for RiverNorth Opportunistic Municipal Income Fund). abrdn Australia Equity Fund pays a dividend yielding 11.55%, while RiverNorth Opportunistic Municipal Income Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | IAF | RMI |
|---|---|---|
| Share price | $12.55 | $13.69 |
| Market cap | $120.26M | $87.27M |
| 1-day change | +0.97% | +0.15% |
| YTD return | — | -4.33% |
| 1-year return | — | -5.98% |
| 5-year return | — | -39.48% |
| P/E ratio (TTM) | 7.21 | 7.56 |
| EPS (TTM) | $1.74 | $1.81 |
| Dividend yield | 11.55% | 7.80% |
| Annual dividend | $1.45 | $0.00 |
| 52-week high | $14.54 | $16.36 |
| 52-week low | $11.76 | $13.11 |
| Distance from 52-week high | -13.69% | -16.32% |
| Average volume | 18.36K | 19.99K |
| Shares outstanding | 9.58M | 6.37M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/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
- abrdn Australia Equity Fund offers a meaningfully higher dividend yield (11.55% vs 7.80%).
IAF vs RMI FAQ
Which is bigger, abrdn Australia Equity Fund or RiverNorth Opportunistic Municipal Income Fund?
abrdn Australia Equity Fund (IAF) is larger, with a market capitalization of $120.26M compared with $87.27M for RiverNorth Opportunistic Municipal Income Fund (RMI).
Which has the lower P/E ratio, IAF or RMI?
IAF has the lower trailing P/E at 7.2, versus 7.6 for RMI. 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, abrdn Australia Equity Fund or RiverNorth Opportunistic Municipal Income Fund?
abrdn Australia Equity Fund has the higher yield at 11.55%, compared with 7.80% for RiverNorth Opportunistic Municipal Income Fund.
Are abrdn Australia Equity Fund and RiverNorth Opportunistic Municipal Income Fund in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.