Mexico Fund (MXF) 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 9, 2026.
Summary
Mexico Fund is the larger company by market cap ($289.1 million vs $254.0 million), about 1.1 times the size. On valuation, Mexico Fund trades at a lower trailing P/E (3.2x vs 7.7x for RiverNorth Managed Duration Municipal Income Fund). Mexico Fund pays a dividend yielding 5.99%, 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
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MXF | RMM |
|---|---|---|
| Share price | $20.05 | $12.87 |
| Market cap | $289.12M | $254.05M |
| 1-day change | +1.01% | +2.22% |
| YTD return | — | -5.44% |
| 1-year return | — | -9.62% |
| 5-year return | — | -34.47% |
| P/E ratio (TTM) | 3.15 | 7.66 |
| EPS (TTM) | $6.36 | $1.68 |
| Dividend yield | 5.99% | 8.07% |
| Annual dividend | $1.20 | $0.00 |
| 52-week high | $23.00 | $15.00 |
| 52-week low | $18.30 | $12.15 |
| Distance from 52-week high | -12.83% | -14.20% |
| Average volume | 33.05K | 59.01K |
| Shares outstanding | 14.42M | 19.74M |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | Trusts 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 trades at a higher earnings multiple (7.7x vs 3.2x trailing P/E).
- RiverNorth Managed Duration Municipal Income Fund offers a meaningfully higher dividend yield (8.07% vs 5.99%).
About Mexico Fund
MXF stock →The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C.
Finance · Trusts Except Educational Religious and Charitable
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
MXF vs RMM FAQ
Which is bigger, Mexico Fund or RiverNorth Managed Duration Municipal Income Fund?
Mexico Fund (MXF) is larger, with a market capitalization of $289.12M compared with $254.05M for RiverNorth Managed Duration Municipal Income Fund (RMM).
Which has the lower P/E ratio, MXF or RMM?
MXF has the lower trailing P/E at 3.2, versus 7.7 for RMM. 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, Mexico Fund or RiverNorth Managed Duration Municipal Income Fund?
RiverNorth Managed Duration Municipal Income Fund has the higher yield at 8.07%, compared with 5.99% for Mexico Fund.
Are Mexico Fund and RiverNorth Managed Duration Municipal Income Fund in the same industry?
Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.