MIY vs. PPT, MHN, PMO, SOR, RFI, ASG, WHF, MIN, KTF, and MCI
Should you be buying BlackRock MuniYield Michigan Quality Fund stock or one of its competitors? The main competitors of BlackRock MuniYield Michigan Quality Fund include Putnam Premier Income Trust (PPT), BlackRock MuniHoldings New York Quality Fund (MHN), Putnam Municipal Opportunities Trust (PMO), Source Capital (SOR), Cohen & Steers Total Return Realty Fund (RFI), Liberty All-Star Growth Fund (ASG), WhiteHorse Finance (WHF), MFS Intermediate Income Trust (MIN), DWS Municipal Income Trust (KTF), and Barings Corporate Investors (MCI). These companies are all part of the "investment offices, not elsewhere classified" industry.
Putnam Premier Income Trust (NYSE:PPT) and BlackRock MuniYield Michigan Quality Fund (NYSE:MIY) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, analyst recommendations, valuation, earnings, institutional ownership, profitability, media sentiment, dividends and community ranking.
Putnam Premier Income Trust pays an annual dividend of $0.31 per share and has a dividend yield of 8.8%. BlackRock MuniYield Michigan Quality Fund pays an annual dividend of $0.49 per share and has a dividend yield of 4.3%. Putnam Premier Income Trust has raised its dividend for 1 consecutive years. Putnam Premier Income Trust is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Putnam Premier Income Trust has a beta of 0.35, suggesting that its share price is 65% less volatile than the S&P 500. Comparatively, BlackRock MuniYield Michigan Quality Fund has a beta of 0.4, suggesting that its share price is 60% less volatile than the S&P 500.
42.8% of Putnam Premier Income Trust shares are held by institutional investors. Comparatively, 24.2% of BlackRock MuniYield Michigan Quality Fund shares are held by institutional investors. 1.0% of BlackRock MuniYield Michigan Quality Fund shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
In the previous week, BlackRock MuniYield Michigan Quality Fund had 1 more articles in the media than Putnam Premier Income Trust. MarketBeat recorded 1 mentions for BlackRock MuniYield Michigan Quality Fund and 0 mentions for Putnam Premier Income Trust. BlackRock MuniYield Michigan Quality Fund's average media sentiment score of 0.00 equaled Putnam Premier Income Trust'saverage media sentiment score.
Putnam Premier Income Trust received 59 more outperform votes than BlackRock MuniYield Michigan Quality Fund when rated by MarketBeat users. However, 69.49% of users gave BlackRock MuniYield Michigan Quality Fund an outperform vote while only 66.20% of users gave Putnam Premier Income Trust an outperform vote.
Summary
Putnam Premier Income Trust beats BlackRock MuniYield Michigan Quality Fund on 5 of the 9 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding MIY 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.
BlackRock MuniYield Michigan Quality Fund Competitors List
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