VTN vs. BKN, TDF, TSI, EMF, OXSQ, NPV, MQT, MVT, FUND, and VBF
Should you be buying Invesco Trust for Investment Grade New York Municipals stock or one of its competitors? The main competitors of Invesco Trust for Investment Grade New York Municipals include BlackRock Investment Quality Municipal Trust (BKN), Templeton Dragon Fund (TDF), TCW Strategic Income Fund (TSI), Templeton Emerging Markets Fund (EMF), Oxford Square Capital (OXSQ), Nuveen Virginia Quality Municipal Income Fund (NPV), BlackRock MuniYield Quality Fund II (MQT), BlackRock MuniVest Fund II (MVT), Sprott Focus Trust (FUND), and Invesco Bond Fund (VBF). These companies are all part of the "investment offices, not elsewhere classified" industry.
Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) and BlackRock Investment Quality Municipal Trust (NYSE:BKN) are both small-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, community ranking, analyst recommendations, earnings, media sentiment, risk, institutional ownership, valuation and profitability.
34.9% of Invesco Trust for Investment Grade New York Municipals shares are held by institutional investors. Comparatively, 26.7% of BlackRock Investment Quality Municipal Trust shares are held by institutional investors. 1.0% of Invesco Trust for Investment Grade New York Municipals shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Invesco Trust for Investment Grade New York Municipals received 94 more outperform votes than BlackRock Investment Quality Municipal Trust when rated by MarketBeat users. Likewise, 73.10% of users gave Invesco Trust for Investment Grade New York Municipals an outperform vote while only 64.10% of users gave BlackRock Investment Quality Municipal Trust an outperform vote.
In the previous week, BlackRock Investment Quality Municipal Trust had 1 more articles in the media than Invesco Trust for Investment Grade New York Municipals. MarketBeat recorded 2 mentions for BlackRock Investment Quality Municipal Trust and 1 mentions for Invesco Trust for Investment Grade New York Municipals. Invesco Trust for Investment Grade New York Municipals' average media sentiment score of 1.88 beat BlackRock Investment Quality Municipal Trust's score of 0.40 indicating that Invesco Trust for Investment Grade New York Municipals is being referred to more favorably in the media.
Invesco Trust for Investment Grade New York Municipals pays an annual dividend of $0.42 per share and has a dividend yield of 3.9%. BlackRock Investment Quality Municipal Trust pays an annual dividend of $0.58 per share and has a dividend yield of 4.8%.
Invesco Trust for Investment Grade New York Municipals has a beta of 0.56, meaning that its stock price is 44% less volatile than the S&P 500. Comparatively, BlackRock Investment Quality Municipal Trust has a beta of 0.53, meaning that its stock price is 47% less volatile than the S&P 500.
Summary
Invesco Trust for Investment Grade New York Municipals beats BlackRock Investment Quality Municipal Trust 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 VTN 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 New York Municipals Competitors List
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