abrdn Australia Equity Fund (IAF) 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
abrdn Australia Equity Fund is the larger company by market cap ($120.1 million vs $112.3 million), about 1.1 times the size. On valuation, abrdn Australia Equity Fund trades at a lower trailing P/E (7.2x vs 7.9x for RiverNorth Managed Duration Municipal Income Fund II). abrdn Australia Equity Fund pays a dividend yielding 11.57%, 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 | IAF | RMMZ |
|---|---|---|
| Share price | $12.53 | $13.28 |
| Market cap | $120.07M | $112.28M |
| 1-day change | -0.16% | +2.71% |
| YTD return | — | -8.54% |
| 1-year return | — | -10.87% |
| P/E ratio (TTM) | 7.20 | 7.90 |
| EPS (TTM) | $1.74 | $1.68 |
| Dividend yield | 11.57% | 8.05% |
| Annual dividend | $1.45 | $0.00 |
| 52-week high | $14.54 | $15.29 |
| 52-week low | $11.76 | $12.77 |
| Distance from 52-week high | -13.82% | -13.15% |
| Average volume | 18.74K | 20.01K |
| Shares outstanding | 9.58M | 8.46M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | 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
- abrdn Australia Equity Fund offers a meaningfully higher dividend yield (11.57% vs 8.05%).
About abrdn Australia Equity Fund
IAF stock →Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited.
Finance · Finance/Investors Services
IAF vs RMMZ FAQ
Which is bigger, abrdn Australia Equity Fund or RiverNorth Managed Duration Municipal Income Fund II?
abrdn Australia Equity Fund (IAF) is larger, with a market capitalization of $120.07M compared with $112.28M for RiverNorth Managed Duration Municipal Income Fund II (RMMZ).
Which has the lower P/E ratio, IAF or RMMZ?
IAF has the lower trailing P/E at 7.2, versus 7.9 for RMMZ. 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 Managed Duration Municipal Income Fund II?
abrdn Australia Equity Fund has the higher yield at 11.57%, compared with 8.05% for RiverNorth Managed Duration Municipal Income Fund II.
Are abrdn Australia Equity Fund and RiverNorth Managed Duration Municipal Income Fund II in the same industry?
Both are in the Finance sector, but in different industries: Finance/Investors Services for abrdn Australia Equity Fund and Investment Managers for RiverNorth Managed Duration Municipal Income Fund II.