NAZ vs. RMT, MVF, BBH, NQP, MUA, HRZN, MYN, TYG, HQL, and KTF
Should you be buying Nuveen Arizona Quality Municipal Income Fund stock or one of its competitors? The main competitors of Nuveen Arizona Quality Municipal Income Fund include Royce Micro-Cap Trust (RMT), BlackRock MuniVest Fund (MVF), VanEck Biotech ETF (BBH), Nuveen Pennsylvania Quality Municipal Income Fund (NQP), BlackRock MuniAssets Fund (MUA), Horizon Technology Finance (HRZN), BlackRock MuniYield New York Quality Fund (MYN), Tortoise Energy Infrastructure (TYG), Abrdn Life Sciences Investors (HQL), and DWS Municipal Income Trust (KTF). These companies are all part of the "investment offices, not elsewhere classified" industry.
Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) and Royce Micro-Cap Trust (NYSE:RMT) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, community ranking, institutional ownership, media sentiment, valuation, risk, earnings, analyst recommendations and profitability.
15.3% of Nuveen Arizona Quality Municipal Income Fund shares are held by institutional investors. Comparatively, 35.0% of Royce Micro-Cap Trust shares are held by institutional investors. 1.0% of Nuveen Arizona Quality Municipal Income Fund shares are held by insiders. Comparatively, 0.2% of Royce Micro-Cap Trust shares are held by 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.
In the previous week, Nuveen Arizona Quality Municipal Income Fund and Nuveen Arizona Quality Municipal Income Fund both had 3 articles in the media. Royce Micro-Cap Trust's average media sentiment score of 1.08 beat Nuveen Arizona Quality Municipal Income Fund's score of -0.20 indicating that Royce Micro-Cap Trust is being referred to more favorably in the news media.
Nuveen Arizona Quality Municipal Income Fund pays an annual dividend of $0.42 per share and has a dividend yield of 3.9%. Royce Micro-Cap Trust pays an annual dividend of $0.73 per share and has a dividend yield of 7.6%.
Nuveen Arizona Quality Municipal Income Fund received 17 more outperform votes than Royce Micro-Cap Trust when rated by MarketBeat users. However, 68.25% of users gave Royce Micro-Cap Trust an outperform vote while only 66.88% of users gave Nuveen Arizona Quality Municipal Income Fund an outperform vote.
Nuveen Arizona Quality Municipal Income Fund has a beta of 0.47, meaning that its share price is 53% less volatile than the S&P 500. Comparatively, Royce Micro-Cap Trust has a beta of 1.26, meaning that its share price is 26% more volatile than the S&P 500.
Summary
Royce Micro-Cap Trust beats Nuveen Arizona Quality Municipal Income Fund on 5 of the 7 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NAZ 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.
Nuveen Arizona Quality Municipal Income Fund Competitors List
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