VGM vs. PTY, USA, NUV, GSBD, GAB, RVT, TY, STEW, CET, and QQQX
Should you be buying Invesco Trust for Investment Grade Municipals stock or one of its competitors? The main competitors of Invesco Trust for Investment Grade Municipals include PIMCO Corporate & Income Opportunity Fund (PTY), Liberty All-Star Equity Fund (USA), Nuveen Municipal Value Fund (NUV), Goldman Sachs BDC (GSBD), The Gabelli Equity Trust (GAB), Royce Value Trust (RVT), Tri-Continental (TY), SRH Total Return Fund (STEW), Central Securities (CET), and Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX). These companies are all part of the "investment offices, not elsewhere classified" industry.
PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) and Invesco Trust for Investment Grade Municipals (NYSE:VGM) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, risk, media sentiment, valuation, community ranking, profitability, analyst recommendations, earnings and dividends.
PIMCO Corporate & Income Opportunity Fund has a beta of 0.97, indicating that its stock price is 3% less volatile than the S&P 500. Comparatively, Invesco Trust for Investment Grade Municipals has a beta of 0.51, indicating that its stock price is 49% less volatile than the S&P 500.
In the previous week, Invesco Trust for Investment Grade Municipals had 2 more articles in the media than PIMCO Corporate & Income Opportunity Fund. MarketBeat recorded 3 mentions for Invesco Trust for Investment Grade Municipals and 1 mentions for PIMCO Corporate & Income Opportunity Fund. PIMCO Corporate & Income Opportunity Fund's average media sentiment score of 0.67 beat Invesco Trust for Investment Grade Municipals' score of -1.00 indicating that Invesco Trust for Investment Grade Municipals is being referred to more favorably in the news media.
10.3% of PIMCO Corporate & Income Opportunity Fund shares are held by institutional investors. Comparatively, 38.1% of Invesco Trust for Investment Grade Municipals shares are held by institutional investors. 1.0% of Invesco Trust for Investment Grade Municipals shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Invesco Trust for Investment Grade Municipals received 44 more outperform votes than PIMCO Corporate & Income Opportunity Fund when rated by MarketBeat users. Likewise, 76.36% of users gave Invesco Trust for Investment Grade Municipals an outperform vote while only 64.92% of users gave PIMCO Corporate & Income Opportunity Fund an outperform vote.
PIMCO Corporate & Income Opportunity Fund pays an annual dividend of $1.42 per share and has a dividend yield of 9.8%. Invesco Trust for Investment Grade Municipals pays an annual dividend of $0.43 per share and has a dividend yield of 4.4%. Invesco Trust for Investment Grade Municipals has raised its dividend for 1 consecutive years.
Summary
Invesco Trust for Investment Grade Municipals beats PIMCO Corporate & Income Opportunity Fund on 7 of the 10 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding VGM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Invesco Trust for Investment Grade Municipals Competitors List
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