MetaCap

Lazard Global Total Return and Income Fund (LGI) 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 10, 2026.

Summary

RiverNorth Managed Duration Municipal Income Fund is the larger company by market cap ($254.0 million vs $222.8 million), about 1.1 times the size. On valuation, RiverNorth Managed Duration Municipal Income Fund trades at a lower trailing P/E (7.7x vs 7.8x for Lazard Global Total Return and Income Fund). Lazard Global Total Return and Income Fund pays a dividend yielding 5.15%, 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

LGI+0.53%RMM+2.55%
+3%+1%-0%
Oct 7, 20261 yearOct 9, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

LGI versus RMM key metrics
MetricLGIRMM
Share price$17.10$12.87
Market cap$222.76M$254.05M
1-day change+0.83%+2.22%
YTD return—-5.44%
1-year return—-9.62%
5-year return—-34.47%
P/E ratio (TTM)7.777.66
EPS (TTM)$2.20$1.68
Dividend yield5.15%7.90%
Annual dividend$0.88$0.00
52-week high$19.88$15.00
52-week low$15.32$12.15
Distance from 52-week high-13.98%-14.20%
Analyst consensusnone—
Average volume32.03K59.01K
Shares outstanding13.03M19.74M
SectorFinancial ServicesFinance
IndustryAsset ManagementTrusts 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

  • RiverNorth Managed Duration Municipal Income Fund offers a meaningfully higher dividend yield (7.90% vs 5.15%).
  • The two companies sit in different sectors: Lazard Global Total Return and Income Fund in Financial Services and RiverNorth Managed Duration Municipal Income Fund in Finance.

About Lazard Global Total Return and Income Fund

LGI stock →

Lazard Global Total Return and Income Fund, Inc. is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC.

Financial Services · Asset Management

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

LGI vs RMM FAQ

Which is bigger, Lazard Global Total Return and Income Fund or RiverNorth Managed Duration Municipal Income Fund?

RiverNorth Managed Duration Municipal Income Fund (RMM) is larger, with a market capitalization of $254.05M compared with $222.76M for Lazard Global Total Return and Income Fund (LGI).

Which has the lower P/E ratio, LGI or RMM?

RMM has the lower trailing P/E at 7.7, versus 7.8 for LGI. 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, Lazard Global Total Return and Income Fund or RiverNorth Managed Duration Municipal Income Fund?

RiverNorth Managed Duration Municipal Income Fund has the higher yield at 7.90%, compared with 5.15% for Lazard Global Total Return and Income Fund.

Are Lazard Global Total Return and Income Fund and RiverNorth Managed Duration Municipal Income Fund in the same industry?

No. Lazard Global Total Return and Income Fund is in the Financial Services sector, while RiverNorth Managed Duration Municipal Income Fund is in Finance.

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