RiverNorth Flexible Municipal Income Fund II (RFMZ) vs Invesco Pennsylvania Value Municipal Income (VPV)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Invesco Pennsylvania Value Municipal Income (VPV) has outperformed RiverNorth Flexible Municipal Income Fund II (RFMZ) over the past year, gaining 2.2% versus a loss of 12.9%. Over five years, VPV leads with a -18.6% price change compared with -45.2% for RFMZ. On valuation, RiverNorth Flexible Municipal Income Fund II trades at a lower trailing P/E (7.2x vs 39.3x for Invesco Pennsylvania Value Municipal Income).
Invesco Pennsylvania Value Municipal Income pays a dividend yielding 7.54%, while RiverNorth Flexible Municipal Income Fund II 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 | RFMZ | VPV |
|---|---|---|
| Share price | $11.48 | $10.61 |
| Market cap | $279.56M | — |
| 1-day change | +1.23% | -2.26% |
| YTD return | -9.32% | +1.39% |
| 1-year return | -12.90% | +2.17% |
| 5-year return | -45.24% | -18.60% |
| P/E ratio (TTM) | 7.17 | 39.28 |
| EPS (TTM) | $1.60 | $0.27 |
| Dividend yield | 8.51% | 7.54% |
| Annual dividend | $0.00 | $0.80 |
| 52-week high | $13.70 | $11.50 |
| 52-week low | $11.31 | $10.23 |
| Distance from 52-week high | -16.20% | -7.78% |
| Analyst consensus | — | none |
| Average volume | 73.89K | 28.44K |
| Shares outstanding | 24.35M | — |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | 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
- VPV has outperformed RFMZ by 15.1 percentage points over the past year.
- Invesco Pennsylvania Value Municipal Income trades at a higher earnings multiple (39.3x vs 7.2x trailing P/E).
About Invesco Pennsylvania Value Municipal Income
VPV stock →Invesco Pennsylvania Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc.
Finance · Trusts Except Educational Religious and Charitable
RFMZ vs VPV FAQ
Which stock has performed better over the past year, RFMZ or VPV?
VPV returned +2.17% over the past 12 months, compared with -12.90% for RFMZ (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, RFMZ or VPV?
RFMZ has the lower trailing P/E at 7.2, versus 39.3 for VPV. 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, RiverNorth Flexible Municipal Income Fund II or Invesco Pennsylvania Value Municipal Income?
RiverNorth Flexible Municipal Income Fund II has the higher yield at 8.51%, compared with 7.54% for Invesco Pennsylvania Value Municipal Income.
Are RiverNorth Flexible Municipal Income Fund II and Invesco Pennsylvania Value Municipal Income in the same industry?
Both are in the Finance sector, but in different industries: Finance/Investors Services for RiverNorth Flexible Municipal Income Fund II and Trusts Except Educational Religious and Charitable for Invesco Pennsylvania Value Municipal Income.