RiverNorth Managed Duration Municipal Income Fund (RMM) vs Saba Capital Income & Opportunities Fund II (SABA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
RiverNorth Managed Duration Municipal Income Fund is the larger company by market cap ($254.0 million vs $206.5 million), about 1.2 times the size. On valuation, RiverNorth Managed Duration Municipal Income Fund trades at a lower trailing P/E (7.7x vs 8.7x for Saba Capital Income & Opportunities Fund II). Saba Capital Income & Opportunities Fund II pays a dividend yielding 8.99%, 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 | RMM | SABA |
|---|---|---|
| Share price | $12.87 | $7.72 |
| Market cap | $254.05M | $206.54M |
| 1-day change | +2.22% | -0.28% |
| YTD return | -5.44% | — |
| 1-year return | -9.62% | — |
| 5-year return | -34.47% | — |
| P/E ratio (TTM) | 7.66 | 8.67 |
| EPS (TTM) | $1.68 | $0.89 |
| Dividend yield | 7.90% | 8.99% |
| Annual dividend | $0.00 | $0.694 |
| 52-week high | $15.00 | $9.04 |
| 52-week low | $12.15 | $7.69 |
| Distance from 52-week high | -14.20% | -14.60% |
| Average volume | 59.01K | 51.67K |
| Shares outstanding | 19.74M | 26.75M |
| Sector | Finance | Financial Services |
| Industry | Trusts Except Educational Religious and Charitable | 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
- Saba Capital Income & Opportunities Fund II offers a meaningfully higher dividend yield (8.99% vs 7.90%).
- The two companies sit in different sectors: RiverNorth Managed Duration Municipal Income Fund in Finance and Saba Capital Income & Opportunities Fund II in Financial Services.
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
About Saba Capital Income & Opportunities Fund II
SABA stock →Saba Capital Income & Opportunities Fund II is a closed-ended fixed income mutual fund launched and managed by Saba Capital Management, L.P. The fund invests in fixed income markets across the globe.
Financial Services · Asset Management
RMM vs SABA FAQ
Which is bigger, RiverNorth Managed Duration Municipal Income Fund or Saba Capital Income & Opportunities Fund II?
RiverNorth Managed Duration Municipal Income Fund (RMM) is larger, with a market capitalization of $254.05M compared with $206.54M for Saba Capital Income & Opportunities Fund II (SABA).
Which has the lower P/E ratio, RMM or SABA?
RMM has the lower trailing P/E at 7.7, versus 8.7 for SABA. 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 Managed Duration Municipal Income Fund or Saba Capital Income & Opportunities Fund II?
Saba Capital Income & Opportunities Fund II has the higher yield at 8.99%, compared with 7.90% for RiverNorth Managed Duration Municipal Income Fund.
Are RiverNorth Managed Duration Municipal Income Fund and Saba Capital Income & Opportunities Fund II in the same industry?
No. RiverNorth Managed Duration Municipal Income Fund is in the Finance sector, while Saba Capital Income & Opportunities Fund II is in Financial Services.