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

$10.62 +0.12 (+1.14%)
(As of 12/20/2024 04:34 PM ET)

VTN vs. MYI, DOGZ, MMU, MYD, MUA, NQP, PPT, RCS, 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), Putnam Premier Income Trust (PPT), PIMCO Strategic Income Fund (RCS), 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 superior stock? We will compare the two businesses based on the strength of their valuation, profitability, community ranking, institutional ownership, analyst recommendations, risk, media sentiment, earnings and dividends.

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 large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

In the previous week, BlackRock MuniYield Quality Fund III's average media sentiment score of 1.54 beat Invesco Trust for Investment Grade New York Municipals' score of 0.00 indicating that BlackRock MuniYield Quality Fund III is being referred to more favorably in the media.

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 has a beta of 0.49, meaning that its stock price is 51% 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 stock price is 40% less volatile than the S&P 500.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BlackRock MuniYield Quality Fund III$38.59M19.33N/AN/AN/A
Invesco Trust for Investment Grade New York Municipals$19.37M10.68N/AN/AN/A

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%

BlackRock MuniYield Quality Fund III pays an annual dividend of $0.67 per share and has a dividend yield of 6.1%. Invesco Trust for Investment Grade New York Municipals pays an annual dividend of $0.63 per share and has a dividend yield of 5.9%.

Summary

BlackRock MuniYield Quality Fund III and Invesco Trust for Investment Grade New York Municipals tied by winning 4 of the 8 factors compared between the two stocks.

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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.
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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.
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VTN vs. The Competition

MetricInvesco Trust for Investment Grade New York MunicipalsInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$206.86M$8.37B$10.59B$19.18B
Dividend Yield6.31%6.74%10.09%3.58%
P/E RatioN/A0.4437.8041.22
Price / Sales10.6814.62286.0517.58
Price / CashN/A7.0330.4421.28
Price / BookN/A0.882.695.32
Net IncomeN/A$73.96M$1.03B$989.67M
7 Day Performance-4.15%-2.96%-2.80%-3.45%
1 Month Performance-6.51%-2.31%-2.77%-3.73%
1 Year Performance1.63%3.73%11.00%12.06%

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$10.62
+1.1%
N/A+1.6%$206.86M$19.37M0.00N/AEx-Dividend
High Trading Volume
MYI
BlackRock MuniYield Quality Fund III
N/A$11.25
-0.1%
N/A-4.3%$765.71M$38.59M0.00147,000Positive News
DOGZ
Dogness (International)
0.552 of 5 stars
$51.36
-2.9%
N/A+1,250.6%$653.86M$14.85M0.00320News Coverage
Positive News
MMU
Western Asset Managed Municipals Fund
N/A$10.34
-0.7%
N/A+1.4%$564.77MN/A0.00147,000
MYD
BlackRock MuniYield Fund
N/A$10.98
-0.4%
N/A-2.5%$512.33MN/A0.00147,000News Coverage
Positive News
MUA
BlackRock MuniAssets Fund
N/A$11.40
-1.4%
N/A+3.7%$440.77M$46.97M0.00147,000Positive News
NQP
Nuveen Pennsylvania Quality Municipal Income Fund
N/A$11.72
-0.2%
N/A-2.5%$436.24M$32.93M0.00147,000
PPT
Putnam Premier Income Trust
N/A$3.63
flat
N/A-1.4%$349.46MN/A0.00N/AHigh Trading Volume
RCS
PIMCO Strategic Income Fund
N/A$7.46
+0.8%
N/A+27.0%$343.68MN/A0.00N/A
PMO
Putnam Municipal Opportunities Trust
N/A$10.55
+0.5%
N/A-1.6%$335.61M$19.08M0.00801
RFI
Cohen & Steers Total Return Realty Fund
N/A$12.08
-0.6%
N/A+0.7%$320.75M$19.06M0.00N/ADividend Announcement
News Coverage

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This page (NYSE:VTN) was last updated on 12/21/2024 by MarketBeat.com Staff
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