Western Asset Municipal High Income Fund (MHF) vs RiverNorth/DoubleLine Strategic Opportunity Fund (OPP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
RiverNorth/DoubleLine Strategic Opportunity Fund is the larger company by market cap ($172.4 million vs $136.7 million), about 1.3 times the size. On valuation, RiverNorth/DoubleLine Strategic Opportunity Fund trades at a lower trailing P/E (9.1x vs 16.2x for Western Asset Municipal High Income Fund). Western Asset Municipal High Income Fund pays a dividend yielding 6.63%, while RiverNorth/DoubleLine Strategic Opportunity Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | MHF | OPP |
|---|---|---|
| Share price | $6.15 | $6.90 |
| Market cap | $136.68M | $172.43M |
| 1-day change | -2.07% | -0.72% |
| P/E ratio (TTM) | 16.18 | 9.08 |
| EPS (TTM) | $0.38 | $0.76 |
| Dividend yield | 6.63% | 15.83% |
| Annual dividend | $0.408 | $0.00 |
| 52-week high | $7.33 | $8.53 |
| 52-week low | $5.84 | $6.82 |
| Distance from 52-week high | -16.10% | -19.11% |
| Average volume | 77.08K | 98.54K |
| Shares outstanding | 22.22M | 24.99M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
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
- Western Asset Municipal High Income Fund trades at a higher earnings multiple (16.2x vs 9.1x trailing P/E).
- RiverNorth/DoubleLine Strategic Opportunity Fund offers a meaningfully higher dividend yield (15.83% vs 6.63%).
About Western Asset Municipal High Income Fund
MHF stock →Western Asset Municipal High Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Financial Services · Asset Management
About RiverNorth/DoubleLine Strategic Opportunity Fund
OPP stock →RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC.
Financial Services · Asset Management
MHF vs OPP FAQ
Which is bigger, Western Asset Municipal High Income Fund or RiverNorth/DoubleLine Strategic Opportunity Fund?
RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) is larger, with a market capitalization of $172.43M compared with $136.68M for Western Asset Municipal High Income Fund (MHF).
Which has the lower P/E ratio, MHF or OPP?
OPP has the lower trailing P/E at 9.1, versus 16.2 for MHF. 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, Western Asset Municipal High Income Fund or RiverNorth/DoubleLine Strategic Opportunity Fund?
RiverNorth/DoubleLine Strategic Opportunity Fund has the higher yield at 15.83%, compared with 6.63% for Western Asset Municipal High Income Fund.
Are Western Asset Municipal High Income Fund and RiverNorth/DoubleLine Strategic Opportunity Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.