Franklin Managed Municipal Income (PMM) vs Cohen & Steers Total Return Realty Fund (RFI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Franklin Managed Municipal Income (PMM) has outperformed Cohen & Steers Total Return Realty Fund (RFI) over the past year, losing 8.2% versus a loss of 13.6%. Over five years, PMM leads with a -33.8% price change compared with -38.2% for RFI. Cohen & Steers Total Return Realty Fund is the larger company by market cap ($275.6 million vs $241.2 million), about 1.1 times the size.
On valuation, Cohen & Steers Total Return Realty Fund trades at a lower trailing P/E (8.8x vs 10.4x for Franklin Managed Municipal Income). Cohen & Steers Total Return Realty Fund offers the higher dividend yield (9.32% vs 5.36%).
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 | PMM | RFI |
|---|---|---|
| Share price | $5.63 | $10.30 |
| Market cap | $241.15M | $275.64M |
| 1-day change | +0.90% | 0.00% |
| YTD return | -10.21% | -6.79% |
| 1-year return | -8.16% | -13.59% |
| 5-year return | -33.76% | -38.21% |
| P/E ratio (TTM) | 10.43 | 8.80 |
| EPS (TTM) | $0.54 | $1.17 |
| Dividend yield | 5.36% | 9.32% |
| Annual dividend | $0.302 | $0.96 |
| 52-week high | $6.60 | $12.07 |
| 52-week low | $5.39 | $10.25 |
| Distance from 52-week high | -14.70% | -14.66% |
| Analyst consensus | none | — |
| Average volume | 132.62K | 94.26K |
| Shares outstanding | 42.83M | 26.76M |
| Sector | Finance | Finance |
| Industry | Investment Managers | 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
- Cohen & Steers Total Return Realty Fund offers a meaningfully higher dividend yield (9.32% vs 5.36%).
About Franklin Managed Municipal Income
PMM stock →Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited.
Finance · Investment Managers
About Cohen & Steers Total Return Realty Fund
RFI stock →Cohen & Steers Total Return Realty Fund, Inc. is a closed-ended equity mutual fund launched by Cohen & Steers, Inc.
Finance · Investment Managers
PMM vs RFI FAQ
Which is bigger, Franklin Managed Municipal Income or Cohen & Steers Total Return Realty Fund?
Cohen & Steers Total Return Realty Fund (RFI) is larger, with a market capitalization of $275.64M compared with $241.15M for Franklin Managed Municipal Income (PMM).
Which stock has performed better over the past year, PMM or RFI?
PMM returned -8.16% over the past 12 months, compared with -13.59% for RFI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PMM or RFI?
RFI has the lower trailing P/E at 8.8, versus 10.4 for PMM. 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, Franklin Managed Municipal Income or Cohen & Steers Total Return Realty Fund?
Cohen & Steers Total Return Realty Fund has the higher yield at 9.32%, compared with 5.36% for Franklin Managed Municipal Income.
Are Franklin Managed Municipal Income and Cohen & Steers Total Return Realty Fund in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.