RWAY vs RMM

Comparison between Runway Growth Finance Corp (RWAY, Company) and RiverNorth Managed Duration Municipal Income Fund Inc (RMM, Company).

Both RWAY and RMM are from the Financial Services sector.

5-Year PerformanceRWAY has outperformed RMM, delivering a return of +0.7% compared to -0.8%

RWAY vs RMM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RWAY(COMPANY)	RMM(COMPANY)
Market Cap	$286M	$286M
Max Drawdown	64.39%	42.42%
Sharpe Ratio	-0.93	0.76
5Y Beta	0.62	0.17
Industry	Asset Management	Asset Management
P/E Ratio	63.72	-25.59
Forward P/E	5.30	N/A
Dividend Yield	19.90%	N/A
5Y Dividends CAGR	N/A	-0.96%
Debt to Equity	135.09%	68.56%
Free Cash Flow Yield	-26.33%	17.64%

Market Cap

Winner

RWAY

$286M

RMM

$286M

Max Drawdown

RWAY

64.39%

Winner

RMM

42.42%

Sharpe Ratio

RWAY

-0.93

Winner

RMM

0.76

5Y Beta

RWAY

0.62

Winner

RMM

0.17

Industry

RWAY

Asset Management

RMM

Asset Management

P/E Ratio

RWAY

63.72

Winner

RMM

-25.59

Forward P/E

RWAY

5.30

RMM

N/A

Dividend Yield

RWAY

19.90%

RMM

N/A

5Y Dividends CAGR

RWAY

N/A

RMM

-0.96%

Debt to Equity

RWAY

135.09%

Winner

RMM

68.56%

Free Cash Flow Yield

RWAY

-26.33%

Winner

RMM

17.64%

RWAY vs RMM - Historical Returns

Returns include dividend reinvestment.

Period	RWAY	RMM
1 month	+31.76%	-1.93%
3 months	+12.48%	+2.25%
6 months	-10.81%	+2.53%
1 year	-25.85%	+13.21%
5 years(CAGR)	+0.65%	-0.82%
Max(CAGR)	+0.65%	+2.11%

Winner

RWAY

+31.76%

RMM

-1.93%

Winner

RWAY

+12.48%

RMM

+2.25%

RWAY

-10.81%

Winner

RMM

+2.53%

RWAY

-25.85%

Winner

RMM

+13.21%

5Y(CAGR)

Winner

RWAY

+0.65%

RMM

-0.82%

Max(CAGR)

RWAY

+0.65%

Winner

RMM

+2.11%

RWAY vs RMM - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	RWAY	RMM
2026	-15.25%	+10.17%
2025	-7.71%	+0.96%
2024	+0.84%	+7.96%
2023	+21.42%	+2.21%
2022	-2.46%	-23.50%
2021	+1.43%	+19.34%
2020	N/A	-2.99%
2019	N/A	-1.46%

RWAY vs RMM Drawdown Comparison

The maximum drawdown for RWAY was -45.28%, occurring on Jun 25, 2026. 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 RWAY drawdown is -27.49%. The current RMM drawdown is -4.52%.

Rank	RWAY	RMM
#1	-45.28% Feb 22, 2024 - Jun 25, 2026	-35.96% Feb 7, 2020 - Apr 23, 2021
#2	-23.93% Mar 29, 2022 - Mar 3, 2023	-33.26% Sep 2, 2021 - Oct 25, 2023
#3	-20.43% Mar 3, 2023 - Jul 26, 2023	-4.84% Sep 3, 2019 - Jan 24, 2020
#4	-10.79% Sep 1, 2023 - Nov 10, 2023	-2.48% Aug 21, 2019 - Sep 3, 2019
#5	-10.38% Nov 30, 2021 - Mar 22, 2022	-2.40% Jul 14, 2021 - Jul 23, 2021
#6	-7.03% Nov 13, 2023 - Jan 26, 2024	-1.76% May 11, 2021 - Jun 4, 2021
#7	-5.11% Oct 29, 2021 - Nov 15, 2021	-1.48% Aug 13, 2021 - Sep 1, 2021
#8	-3.26% Oct 21, 2021 - Oct 29, 2021	-1.16% Jan 27, 2020 - Feb 4, 2020
#9	-3.24% Jul 28, 2023 - Aug 8, 2023	-0.98% Aug 8, 2019 - Aug 21, 2019
#10	-2.97% Aug 14, 2023 - Aug 23, 2023	-0.75% Jul 30, 2021 - Aug 12, 2021
#11	-2.56% Feb 15, 2024 - Feb 22, 2024	-0.66% Jul 23, 2021 - Jul 30, 2021
#12	-2.43% Aug 23, 2023 - Sep 1, 2023	-0.55% May 3, 2021 - May 7, 2021
#13	-2.26% Nov 15, 2021 - Nov 22, 2021	-0.54% Jun 28, 2021 - Jul 2, 2021
#14	-1.55% Jul 26, 2023 - Jul 28, 2023	-0.49% Jun 15, 2021 - Jun 28, 2021
#15	-1.27% Jan 30, 2024 - Feb 2, 2024	-0.20% Jul 26, 2019 - Jul 31, 2019