Franklin Managed Municipal Income (PMM) vs Cohen & Steers Real Estate Opportunities and Income Fund (RLTY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Franklin Managed Municipal Income is the larger company by market cap ($239.0 million vs $227.1 million), about 1.1 times the size. On valuation, Cohen & Steers Real Estate Opportunities and Income Fund trades at a lower trailing P/E (5.8x vs 10.3x for Franklin Managed Municipal Income). Franklin Managed Municipal Income pays a dividend yielding 5.41%, while Cohen & Steers Real Estate Opportunities and Income Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | PMM | RLTY |
|---|---|---|
| Share price | $5.58 | $13.58 |
| Market cap | $239.01M | $227.09M |
| 1-day change | -0.36% | -1.45% |
| YTD return | -11.00% | — |
| 1-year return | -8.22% | — |
| 5-year return | -34.35% | — |
| P/E ratio (TTM) | 10.33 | 5.83 |
| EPS (TTM) | $0.54 | $2.33 |
| Dividend yield | 5.41% | 9.72% |
| Annual dividend | $0.302 | $0.00 |
| 52-week high | $6.60 | $16.41 |
| 52-week low | $5.39 | $13.55 |
| Distance from 52-week high | -15.45% | -17.25% |
| Analyst consensus | none | — |
| Average volume | 129.04K | 54.52K |
| Shares outstanding | 42.83M | 16.72M |
| 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
- Franklin Managed Municipal Income trades at a higher earnings multiple (10.3x vs 5.8x trailing P/E).
- Cohen & Steers Real Estate Opportunities and Income Fund offers a meaningfully higher dividend yield (9.72% vs 5.41%).
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.
Financial Services · Asset Management
About Cohen & Steers Real Estate Opportunities and Income Fund
RLTY stock →Cohen & Steers Real Estate Opportunities & Income Fund is a closed-end balanced mutual fund launched and managed by Cohen & Steers Capital Management, Inc. It invests in the public equity and fixed income markets of global region.
Financial Services · Asset Management
PMM vs RLTY FAQ
Which is bigger, Franklin Managed Municipal Income or Cohen & Steers Real Estate Opportunities and Income Fund?
Franklin Managed Municipal Income (PMM) is larger, with a market capitalization of $239.01M compared with $227.09M for Cohen & Steers Real Estate Opportunities and Income Fund (RLTY).
Which has the lower P/E ratio, PMM or RLTY?
RLTY has the lower trailing P/E at 5.8, versus 10.3 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 Real Estate Opportunities and Income Fund?
Cohen & Steers Real Estate Opportunities and Income Fund has the higher yield at 9.72%, compared with 5.41% for Franklin Managed Municipal Income.
Are Franklin Managed Municipal Income and Cohen & Steers Real Estate Opportunities and Income Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.