CIO vs RMM

Comparison between CITY OFFICE REIT, INC. (CIO, Company) and RiverNorth Managed Duration Municipal Income Fund Inc (RMM, Company).

CIO is from the Real Estate sector, while RMM is from the Financial Services sector.

5-Year PerformanceCIO has outperformed RMM, delivering a return of +0.4% compared to -0.9%

CIO vs RMM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CIO(COMPANY)	RMM(COMPANY)
Market Cap	$282M	$282M
Max Drawdown	83.69%	42.42%
Sharpe Ratio	0.95	0.73
5Y Beta	N/A	0.18
Industry	Reit - Office	Asset Management
P/E Ratio	-2.32	-25.29
Forward P/E	384.62	N/A
PEG Ratio	-0.00	N/A
Dividend Yield	4.29%	N/A
5Y Dividends CAGR	-13.03%	-0.96%
Debt to Equity	65.30%	68.56%
Free Cash Flow Yield	16.87%	17.85%

Market Cap

CIO

$282M

Winner

RMM

$282M

Max Drawdown

CIO

83.69%

Winner

RMM

42.42%

Sharpe Ratio

Winner

CIO

0.95

RMM

0.73

5Y Beta

CIO

N/A

RMM

0.18

Industry

CIO

Reit - Office

RMM

Asset Management

P/E Ratio

CIO

-2.32

Winner

RMM

-25.29

Forward P/E

CIO

384.62

RMM

N/A

PEG Ratio

CIO

-0.00

RMM

N/A

Dividend Yield

CIO

4.29%

RMM

N/A

5Y Dividends CAGR

CIO

-13.03%

Winner

RMM

-0.96%

Debt to Equity

Winner

CIO

65.30%

RMM

68.56%

Free Cash Flow Yield

CIO

16.87%

Winner

RMM

17.85%

CIO vs RMM - Historical Returns

Returns include dividend reinvestment.

Period	CIO	RMM
1 month	+0.58%	-2.70%
3 months	+0.43%	+3.56%
6 months	+27.71%	+4.42%
1 year	+37.94%	+12.14%
5 years(CAGR)	+0.37%	-0.87%
10 years(CAGR)	+1.63%	N/A
Max(CAGR)	+2.20%	+1.91%

Winner

CIO

+0.58%

RMM

-2.70%

CIO

+0.43%

Winner

RMM

+3.56%

Winner

CIO

+27.71%

RMM

+4.42%

Winner

CIO

+37.94%

RMM

+12.14%

5Y(CAGR)

Winner

CIO

+0.37%

RMM

-0.87%

10Y(CAGR)

CIO

+1.63%

RMM

N/A

Max(CAGR)

Winner

CIO

+2.20%

RMM

+1.91%

CIO vs RMM - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	CIO	RMM
2026	+0.14%	+8.58%
2025	+36.42%	+0.96%
2024	-5.33%	+7.96%
2023	-20.35%	+2.21%
2022	-55.54%	-23.50%
2021	+117.79%	+19.34%
2020	-20.68%	-2.99%
2019	+41.86%	-1.46%
2018	-14.64%	N/A
2017	+4.93%	N/A
2016	+15.61%	N/A
2015	-0.04%	N/A
2014	+8.52%	N/A

CIO vs RMM Drawdown Comparison

The maximum drawdown for CIO was -80.90%, occurring on Oct 27, 2023. This drawdown has not yet recovered.

The maximum drawdown for RMM was -35.96%, occurring on Mar 23, 2020. Recovery took 304 trading sessions.

The current CIO drawdown is -56.00%. The current RMM drawdown is -5.91%.

Rank	CIO	RMM
#1	-80.90% Jan 6, 2022 - Oct 27, 2023	-35.96% Feb 7, 2020 - Apr 23, 2021
#2	-52.69% Feb 18, 2020 - Jul 26, 2021	-33.26% Sep 2, 2021 - Oct 25, 2023
#3	-24.56% Oct 5, 2017 - Jul 5, 2018	-4.84% Sep 3, 2019 - Jan 24, 2020
#4	-21.53% Apr 7, 2015 - Mar 18, 2016	-2.48% Aug 21, 2019 - Sep 3, 2019
#5	-21.53% Aug 28, 2018 - Jun 13, 2019	-2.40% Jul 14, 2021 - Jul 23, 2021
#6	-15.24% Oct 26, 2021 - Dec 22, 2021	-1.76% May 11, 2021 - Jun 4, 2021
#7	-13.83% Mar 18, 2016 - Jun 30, 2016	-1.48% Aug 13, 2021 - Sep 1, 2021
#8	-13.15% Aug 1, 2016 - Aug 31, 2017	-1.16% Jan 27, 2020 - Feb 4, 2020
#9	-11.77% Sep 26, 2019 - Jan 21, 2020	-0.98% Aug 8, 2019 - Aug 21, 2019
#10	-8.03% Jun 16, 2014 - Jul 10, 2014	-0.75% Jul 30, 2021 - Aug 12, 2021
#11	-7.34% Oct 14, 2014 - Apr 2, 2015	-0.66% Jul 23, 2021 - Jul 30, 2021
#12	-6.37% Jun 20, 2019 - Jul 30, 2019	-0.55% May 3, 2021 - May 7, 2021
#13	-5.00% Sep 7, 2021 - Sep 22, 2021	-0.54% Jun 28, 2021 - Jul 2, 2021
#14	-4.86% Jul 11, 2014 - Aug 27, 2014	-0.49% Jun 15, 2021 - Jun 28, 2021
#15	-4.43% Aug 27, 2014 - Sep 19, 2014	-0.20% Jul 26, 2019 - Jul 31, 2019

Correlation

Correlation between CIO and RMM is 0.38 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.38

-101

Dividend Comparison (2014 - 2026)

CIO vs RMM dividend yield comparison.

Year	CIO	RMM
2026	0.00%	4.15%
2025	4.29%	7.98%
2024	7.25%	7.63%
2023	9.82%	7.71%
2022	9.55%	7.74%
2021	3.04%	5.46%
2020	7.01%	6.18%
2019	6.95%	1.90%
2018	9.17%	0.00%
2017	7.23%	0.00%
2016	7.14%	0.00%
2015	5.79%	0.00%
2014	5.10%	0.00%