Nuveen Mortgage and Income Fund (JLS) 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 9, 2026.
Summary
RiverNorth Managed Duration Municipal Income Fund II is the larger company by market cap ($111.3 million vs $90.1 million), about 1.2 times the size. On valuation, RiverNorth Managed Duration Municipal Income Fund II trades at a lower trailing P/E (7.8x vs 14.9x for Nuveen Mortgage and Income 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 | JLS | RMMZ |
|---|---|---|
| Share price | $16.45 | $13.16 |
| Market cap | $90.06M | $111.27M |
| 1-day change | +1.20% | +1.78% |
| YTD return | — | -10.95% |
| 1-year return | — | -12.85% |
| P/E ratio (TTM) | 14.95 | 7.83 |
| EPS (TTM) | $1.10 | $1.68 |
| Dividend yield | 11.34% | 8.27% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $18.98 | $15.29 |
| 52-week low | $16.01 | $12.77 |
| Distance from 52-week high | -13.36% | -13.93% |
| Average volume | 26.38K | 19.94K |
| Shares outstanding | 5.48M | 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
- Nuveen Mortgage and Income Fund trades at a higher earnings multiple (14.9x vs 7.8x trailing P/E).
- Nuveen Mortgage and Income Fund offers a meaningfully higher dividend yield (11.34% vs 8.27%).
About Nuveen Mortgage and Income Fund
JLS stock →Nuveen Mortgage and Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and Wellington Management Company LLP.
Finance · Investment Managers
JLS vs RMMZ FAQ
Which is bigger, Nuveen Mortgage and Income Fund or RiverNorth Managed Duration Municipal Income Fund II?
RiverNorth Managed Duration Municipal Income Fund II (RMMZ) is larger, with a market capitalization of $111.27M compared with $90.06M for Nuveen Mortgage and Income Fund (JLS).
Which has the lower P/E ratio, JLS or RMMZ?
RMMZ has the lower trailing P/E at 7.8, versus 14.9 for JLS. 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, Nuveen Mortgage and Income Fund or RiverNorth Managed Duration Municipal Income Fund II?
Nuveen Mortgage and Income Fund has the higher yield at 11.34%, compared with 8.27% for RiverNorth Managed Duration Municipal Income Fund II.
Are Nuveen Mortgage and Income 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.