Free Trial

Invesco Trust for Investment Grade New York Municipals (VTN) Competitors

Invesco Trust for Investment Grade New York Municipals logo
$11.23 -0.04 (-0.35%)
(As of 11/15/2024 ET)

VTN vs. MYI, DOGZ, MMU, MYD, MUA, NQP, RCS, PPT, PMO, and RFI

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 MuniYield Quality Fund III (MYI), Dogness (International) (DOGZ), Western Asset Managed Municipals Fund (MMU), BlackRock MuniYield Fund (MYD), BlackRock MuniAssets Fund (MUA), Nuveen Pennsylvania Quality Municipal Income Fund (NQP), PIMCO Strategic Income Fund (RCS), Putnam Premier Income Trust (PPT), Putnam Municipal Opportunities Trust (PMO), and Cohen & Steers Total Return Realty Fund (RFI). These companies are all part of the "misc." industry.

Invesco Trust for Investment Grade New York Municipals vs.

BlackRock MuniYield Quality Fund III (NYSE:MYI) and Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) are both small-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, dividends, community ranking, earnings, analyst recommendations, profitability, institutional ownership, valuation and risk.

Company Net Margins Return on Equity Return on Assets
BlackRock MuniYield Quality Fund IIIN/A N/A N/A
Invesco Trust for Investment Grade New York Municipals N/A N/A N/A

BlackRock MuniYield Quality Fund III pays an annual dividend of $0.61 per share and has a dividend yield of 5.4%. Invesco Trust for Investment Grade New York Municipals pays an annual dividend of $0.56 per share and has a dividend yield of 5.0%.

34.0% of BlackRock MuniYield Quality Fund III shares are owned by institutional investors. Comparatively, 34.9% of Invesco Trust for Investment Grade New York Municipals shares are owned by institutional investors. 1.0% of BlackRock MuniYield Quality Fund III shares are owned by company insiders. Comparatively, 1.0% of Invesco Trust for Investment Grade New York Municipals shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

In the previous week, BlackRock MuniYield Quality Fund III had 1 more articles in the media than Invesco Trust for Investment Grade New York Municipals. MarketBeat recorded 2 mentions for BlackRock MuniYield Quality Fund III 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 0.83 beat BlackRock MuniYield Quality Fund III's score of 0.53 indicating that Invesco Trust for Investment Grade New York Municipals is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
BlackRock MuniYield Quality Fund III
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Invesco Trust for Investment Grade New York Municipals
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BlackRock MuniYield Quality Fund IIIN/AN/AN/AN/AN/A
Invesco Trust for Investment Grade New York MunicipalsN/AN/AN/AN/AN/A

BlackRock MuniYield Quality Fund III has a beta of 0.48, meaning that its share price is 52% less volatile than the S&P 500. Comparatively, Invesco Trust for Investment Grade New York Municipals has a beta of 0.6, meaning that its share price is 40% less volatile than the S&P 500.

Invesco Trust for Investment Grade New York Municipals received 67 more outperform votes than BlackRock MuniYield Quality Fund III when rated by MarketBeat users. Likewise, 73.10% of users gave Invesco Trust for Investment Grade New York Municipals an outperform vote while only 59.23% of users gave BlackRock MuniYield Quality Fund III an outperform vote.

CompanyUnderperformOutperform
BlackRock MuniYield Quality Fund IIIOutperform Votes
77
59.23%
Underperform Votes
53
40.77%
Invesco Trust for Investment Grade New York MunicipalsOutperform Votes
144
73.10%
Underperform Votes
53
26.90%

Summary

Invesco Trust for Investment Grade New York Municipals beats BlackRock MuniYield Quality Fund III on 5 of the 7 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

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.
Skip Chart

VTN vs. The Competition

MetricInvesco Trust for Investment Grade New York MunicipalsInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$218.74M$8.27B$11.28B$19.77B
Dividend Yield5.02%6.29%5.97%3.51%
P/E RatioN/A0.4626.6737.70
Price / SalesN/A16.8937.1517.02
Price / CashN/A6.9718.1721.33
Price / BookN/A0.953.734.64
Net IncomeN/A$73.96M$998.34M$982.94M
7 Day Performance-0.09%-2.07%-0.06%-2.12%
1 Month Performance-2.22%-2.42%1.89%-0.39%
1 Year Performance15.77%11.45%25.08%23.34%

Invesco Trust for Investment Grade New York Municipals Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VTN
Invesco Trust for Investment Grade New York Municipals
N/A$11.23
-0.4%
N/A+16.0%$218.74MN/A0.00N/ANews Coverage
MYI
BlackRock MuniYield Quality Fund III
N/A$11.31
-0.6%
N/A+7.8%$769.76MN/A0.00147,000Short Interest ↓
News Coverage
DOGZ
Dogness (International)
1.0025 of 5 stars
$45.39
-0.3%
N/A+1,465.2%$577.82M$14.85M0.00320Short Interest ↓
MMU
Western Asset Managed Municipals Fund
N/A$10.43
-0.1%
N/A+7.0%$569.69MN/A0.00147,000Short Interest ↓
Positive News
MYD
BlackRock MuniYield Fund
N/A$11.18
-1.0%
N/A+12.1%$521.66MN/A0.00147,000Short Interest ↑
MUA
BlackRock MuniAssets Fund
N/A$12.14
-1.6%
N/A+23.1%$469.33MN/A0.00147,000Short Interest ↓
News Coverage
Positive News
NQP
Nuveen Pennsylvania Quality Municipal Income Fund
N/A$11.73
-0.2%
N/A+10.0%$436.61M$32.93M0.00147,000Insider Selling
Short Interest ↑
RCS
PIMCO Strategic Income Fund
N/A$7.71
-0.4%
N/A+38.7%$355.20MN/A0.00N/AEx-Dividend
News Coverage
PPT
Putnam Premier Income Trust
N/A$3.50
-0.8%
N/A+2.0%$336.95MN/A0.00N/AShort Interest ↑
Negative News
PMO
Putnam Municipal Opportunities Trust
N/A$10.43
-0.4%
N/A+4.2%$331.84MN/A0.00801Short Interest ↑
Negative News
RFI
Cohen & Steers Total Return Realty Fund
N/A$12.38
-0.3%
N/A+11.5%$328.71M$19.06M0.00N/AEx-Dividend
Short Interest ↑
News Coverage

Related Companies and Tools


This page (NYSE:VTN) was last updated on 11/17/2024 by MarketBeat.com Staff
From Our Partners