XAI Madison Equity Premium Income Fund (MCN) 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
XAI Madison Equity Premium Income Fund is the larger company by market cap ($111.7 million vs $111.2 million), about 1.0 times the size. On valuation, RiverNorth Managed Duration Municipal Income Fund II trades at a lower trailing P/E (7.8x vs 18.3x for XAI Madison Equity Premium Income Fund). XAI Madison Equity Premium Income Fund pays a dividend yielding 13.53%, 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 | MCN | RMMZ |
|---|---|---|
| Share price | $5.32 | $13.15 |
| Market cap | $111.69M | $111.18M |
| 1-day change | +1.14% | +1.70% |
| YTD return | — | -10.95% |
| 1-year return | — | -12.85% |
| P/E ratio (TTM) | 18.34 | 7.83 |
| EPS (TTM) | $0.29 | $1.68 |
| Dividend yield | 13.53% | 8.27% |
| Annual dividend | $0.72 | $0.00 |
| 52-week high | $6.30 | $15.29 |
| 52-week low | $5.18 | $12.77 |
| Distance from 52-week high | -15.56% | -14.00% |
| Average volume | 52.86K | 19.94K |
| Shares outstanding | 20.99M | 8.46M |
| Sector | Financial Services | Finance |
| Industry | Asset Management | 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
- XAI Madison Equity Premium Income Fund trades at a higher earnings multiple (18.3x vs 7.8x trailing P/E).
- XAI Madison Equity Premium Income Fund offers a meaningfully higher dividend yield (13.53% vs 8.27%).
- The two companies sit in different sectors: XAI Madison Equity Premium Income Fund in Financial Services and RiverNorth Managed Duration Municipal Income Fund II in Finance.
About XAI Madison Equity Premium Income Fund
MCN stock →XAI Madison Equity Premium Income Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC.
Financial Services · Asset Management
MCN vs RMMZ FAQ
Which is bigger, XAI Madison Equity Premium Income Fund or RiverNorth Managed Duration Municipal Income Fund II?
XAI Madison Equity Premium Income Fund (MCN) is larger, with a market capitalization of $111.69M compared with $111.18M for RiverNorth Managed Duration Municipal Income Fund II (RMMZ).
Which has the lower P/E ratio, MCN or RMMZ?
RMMZ has the lower trailing P/E at 7.8, versus 18.3 for MCN. 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, XAI Madison Equity Premium Income Fund or RiverNorth Managed Duration Municipal Income Fund II?
XAI Madison Equity Premium Income Fund has the higher yield at 13.53%, compared with 8.27% for RiverNorth Managed Duration Municipal Income Fund II.
Are XAI Madison Equity Premium Income Fund and RiverNorth Managed Duration Municipal Income Fund II in the same industry?
No. XAI Madison Equity Premium Income Fund is in the Financial Services sector, while RiverNorth Managed Duration Municipal Income Fund II is in Finance.