Aberdeen Municipal Income Fund (MFM) vs PennantPark Investment (PNNT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Aberdeen Municipal Income Fund (MFM) has outperformed PennantPark Investment (PNNT) over the past year, losing 9.5% versus a loss of 50.8%. Over five years, MFM leads with a -31.3% price change compared with -52.9% for PNNT. PennantPark Investment is the larger company by market cap ($208.0 million vs $199.8 million), about 1.0 times the size.
On valuation, Aberdeen Municipal Income Fund trades at a lower trailing P/E (11.8x vs 21.2x for PennantPark Investment). PennantPark Investment offers the higher dividend yield (25.12% vs 5.81%).
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 | MFM | PNNT |
|---|---|---|
| Share price | $4.85 | $3.19 |
| Market cap | $199.76M | $207.97M |
| 1-day change | +0.21% | +0.16% |
| YTD return | -10.87% | -46.64% |
| 1-year return | -9.53% | -50.77% |
| 5-year return | -31.35% | -52.89% |
| P/E ratio (TTM) | 11.83 | 21.23 |
| Forward P/E | — | 5.71 |
| EPS (TTM) | $0.41 | $0.15 |
| Dividend yield | 5.81% | 25.12% |
| Annual dividend | $0.282 | $0.80 |
| 52-week high | $5.67 | $6.67 |
| 52-week low | $4.75 | $3.15 |
| Distance from 52-week high | -14.46% | -52.25% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | — | +49.14% |
| Average volume | 382.33K | 553.55K |
| Shares outstanding | 41.19M | 65.30M |
| Sector | Finance | Finance |
| Industry | Finance Companies | Finance: Consumer Services |
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
- MFM has outperformed PNNT by 41.2 percentage points over the past year.
- PennantPark Investment trades at a higher earnings multiple (21.2x vs 11.8x trailing P/E).
- PennantPark Investment offers a meaningfully higher dividend yield (25.12% vs 5.81%).
About Aberdeen Municipal Income Fund
MFM stock →Aberdeen Municipal Income Fund is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States.
Finance · Finance Companies
About PennantPark Investment
PNNT stock →PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments.
Finance · Finance: Consumer Services
MFM vs PNNT FAQ
Which is bigger, Aberdeen Municipal Income Fund or PennantPark Investment?
PennantPark Investment (PNNT) is larger, with a market capitalization of $207.97M compared with $199.76M for Aberdeen Municipal Income Fund (MFM).
Which stock has performed better over the past year, MFM or PNNT?
MFM returned -9.53% over the past 12 months, compared with -50.77% for PNNT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MFM or PNNT?
MFM has the lower trailing P/E at 11.8, versus 21.2 for PNNT. 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, Aberdeen Municipal Income Fund or PennantPark Investment?
PennantPark Investment has the higher yield at 25.12%, compared with 5.81% for Aberdeen Municipal Income Fund.
Are Aberdeen Municipal Income Fund and PennantPark Investment in the same industry?
Both are in the Finance sector, but in different industries: Finance Companies for Aberdeen Municipal Income Fund and Finance: Consumer Services for PennantPark Investment.