Morgan Stanley India Investment Fund (IIF) vs RiverNorth Managed Duration Municipal Income Fund (RMM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
RiverNorth Managed Duration Municipal Income Fund is the larger company by market cap ($248.5 million vs $195.9 million), about 1.3 times the size. Morgan Stanley India Investment Fund pays a dividend yielding 9.51%, while RiverNorth Managed Duration Municipal Income Fund 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 | IIF | RMM |
|---|---|---|
| Share price | $20.87 | $12.59 |
| Market cap | $195.90M | $248.52M |
| 1-day change | -1.23% | +0.32% |
| YTD return | — | -7.49% |
| 1-year return | — | -10.52% |
| 5-year return | — | -35.90% |
| P/E ratio (TTM) | — | 7.49 |
| EPS (TTM) | $-3.59 | $1.68 |
| Dividend yield | 9.51% | 8.07% |
| Annual dividend | $1.99 | $0.00 |
| 52-week high | $27.99 | $15.00 |
| 52-week low | $19.83 | $12.15 |
| Distance from 52-week high | -25.44% | -16.07% |
| Average volume | 27.95K | 59.01K |
| Shares outstanding | 9.39M | 19.74M |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | Trusts Except Educational Religious and Charitable |
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
- Morgan Stanley India Investment Fund offers a meaningfully higher dividend yield (9.51% vs 8.07%).
About Morgan Stanley India Investment Fund
IIF stock →Morgan Stanley India Investment Fund, Inc. is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc.
Finance · Trusts Except Educational Religious and Charitable
About RiverNorth Managed Duration Municipal Income Fund
RMM stock →Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC.
Finance · Trusts Except Educational Religious and Charitable
IIF vs RMM FAQ
Which is bigger, Morgan Stanley India Investment Fund or RiverNorth Managed Duration Municipal Income Fund?
RiverNorth Managed Duration Municipal Income Fund (RMM) is larger, with a market capitalization of $248.52M compared with $195.90M for Morgan Stanley India Investment Fund (IIF).
Which pays a higher dividend, Morgan Stanley India Investment Fund or RiverNorth Managed Duration Municipal Income Fund?
Morgan Stanley India Investment Fund has the higher yield at 9.51%, compared with 8.07% for RiverNorth Managed Duration Municipal Income Fund.
Are Morgan Stanley India Investment Fund and RiverNorth Managed Duration Municipal Income Fund in the same industry?
Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.