MIY vs. CET, QQQX, GAM, MUC, MFIC, SLRC, MQY, HQH, MYI, and PHK
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 Central Securities (CET), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), General American Investors (GAM), BlackRock MuniHoldings California Quality Fund (MUC), MidCap Financial Investment (MFIC), SLR Investment (SLRC), BlackRock MuniYield Quality Fund (MQY), Abrdn Healthcare Investors (HQH), BlackRock MuniYield Quality Fund III (MYI), and PIMCO High Income Fund (PHK). These companies are all part of the "investment offices, not elsewhere classified" industry.
Central Securities (NYSE:CET) and BlackRock MuniYield Michigan Quality Fund (NYSE:MIY) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, media sentiment, analyst recommendations, community ranking, valuation, risk and institutional ownership.
Central Securities has a beta of 0.86, indicating that its share price is 14% less volatile than the S&P 500. Comparatively, BlackRock MuniYield Michigan Quality Fund has a beta of 0.4, indicating that its share price is 60% less volatile than the S&P 500.
Central Securities pays an annual dividend of $1.85 per share and has a dividend yield of 4.3%. BlackRock MuniYield Michigan Quality Fund pays an annual dividend of $0.49 per share and has a dividend yield of 4.4%.
BlackRock MuniYield Michigan Quality Fund received 82 more outperform votes than Central Securities when rated by MarketBeat users.
8.7% of Central Securities shares are owned by institutional investors. Comparatively, 24.2% of BlackRock MuniYield Michigan Quality Fund shares are owned by institutional investors. 10.3% of Central Securities shares are owned by company insiders. Comparatively, 1.0% of BlackRock MuniYield Michigan Quality Fund shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
In the previous week, Central Securities and Central Securities both had 2 articles in the media. Central Securities' average media sentiment score of 0.47 beat BlackRock MuniYield Michigan Quality Fund's score of 0.22 indicating that BlackRock MuniYield Michigan Quality Fund is being referred to more favorably in the news media.
Summary
BlackRock MuniYield Michigan Quality Fund beats Central Securities on 4 of the 6 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.
Skip ChartThis 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.
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