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

$10.84
+0.04 (+0.37%)
(As of 05/31/2024 ET)

VTN vs. HQH, MYI, PHK, VMO, NXP, PEO, MUJ, BTO, VGM, and IFN

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 Abrdn Healthcare Investors (HQH), BlackRock MuniYield Quality Fund III (MYI), PIMCO High Income Fund (PHK), Invesco Municipal Opportunity Trust (VMO), Nuveen Select Tax-Free Income Portfolio (NXP), Adams Natural Resources Fund (PEO), BlackRock MuniHoldings New Jersey Quality Fund (MUJ), John Hancock Financial Opportunities Fund (BTO), Invesco Trust for Investment Grade Municipals (VGM), and The India Fund (IFN). These companies are all part of the "investment offices, not elsewhere classified" industry.

Invesco Trust for Investment Grade New York Municipals vs.

Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) and Abrdn Healthcare Investors (NYSE:HQH) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their community ranking, analyst recommendations, valuation, profitability, media sentiment, risk, dividends, earnings and institutional ownership.

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, Abrdn Healthcare Investors has a beta of 0.74, meaning that its stock price is 26% less volatile than the S&P 500.

Invesco Trust for Investment Grade New York Municipals received 21 more outperform votes than Abrdn Healthcare Investors when rated by MarketBeat users. Likewise, 73.10% of users gave Invesco Trust for Investment Grade New York Municipals an outperform vote while only 65.08% of users gave Abrdn Healthcare Investors an outperform vote.

CompanyUnderperformOutperform
Invesco Trust for Investment Grade New York MunicipalsOutperform Votes
144
73.10%
Underperform Votes
53
26.90%
Abrdn Healthcare InvestorsOutperform Votes
123
65.08%
Underperform Votes
66
34.92%

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%. Abrdn Healthcare Investors pays an annual dividend of $1.85 per share and has a dividend yield of 11.2%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Invesco Trust for Investment Grade New York Municipals
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Abrdn Healthcare Investors
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Invesco Trust for Investment Grade New York MunicipalsN/AN/AN/AN/AN/A
Abrdn Healthcare InvestorsN/AN/AN/AN/AN/A

Company Net Margins Return on Equity Return on Assets
Invesco Trust for Investment Grade New York MunicipalsN/A N/A N/A
Abrdn Healthcare Investors N/A N/A N/A

In the previous week, Abrdn Healthcare Investors had 1 more articles in the media than Invesco Trust for Investment Grade New York Municipals. MarketBeat recorded 2 mentions for Abrdn Healthcare Investors 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 1.65 beat Abrdn Healthcare Investors' score of 0.47 indicating that Invesco Trust for Investment Grade New York Municipals is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
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)
Very Positive
Abrdn Healthcare Investors
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

34.9% of Invesco Trust for Investment Grade New York Municipals shares are held by institutional investors. Comparatively, 32.6% of Abrdn Healthcare Investors shares are held by institutional investors. 1.0% of Invesco Trust for Investment Grade New York Municipals shares are held by company insiders. Comparatively, 7.3% of Abrdn Healthcare Investors shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Invesco Trust for Investment Grade New York Municipals and Abrdn Healthcare Investors tied by winning 4 of the 8 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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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$211.16M$7.15B$9.56B$17.81B
Dividend Yield3.86%6.28%6.17%3.55%
P/E RatioN/A0.4545.0322.67
Price / SalesN/A16.18181.5811.15
Price / CashN/A7.8216.3018.95
Price / BookN/A1.003.295.90
Net IncomeN/A$73.96M$1.01B$976.46M
7 Day Performance-2.08%-0.54%0.38%0.62%
1 Month Performance4.08%1.76%3.01%4.79%
1 Year Performance7.43%5.38%17.18%24.00%

Invesco Trust for Investment Grade New York Municipals Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HQH
Abrdn Healthcare Investors
0 of 5 stars
$16.56
+1.0%
N/A-1.1%$838.27MN/A0.00147,000Short Interest ↑
MYI
BlackRock MuniYield Quality Fund III
0 of 5 stars
$10.93
+0.9%
N/A+0.9%$737.13MN/A0.00147,000Short Interest ↑
News Coverage
Negative News
PHK
PIMCO High Income Fund
0 of 5 stars
$4.82
+1.0%
N/A+1.9%$704.35MN/A0.00147,000Short Interest ↑
News Coverage
VMO
Invesco Municipal Opportunity Trust
0 of 5 stars
$9.75
flat
N/A+3.7%$657.55MN/A0.00N/AShort Interest ↑
News Coverage
NXP
Nuveen Select Tax-Free Income Portfolio
0 of 5 stars
$14.14
+1.0%
N/A-2.3%$655.42MN/A0.00N/AShort Interest ↓
Positive News
PEO
Adams Natural Resources Fund
0 of 5 stars
$23.64
+2.0%
N/A+21.9%$603.06MN/A0.00N/ANews Coverage
Positive News
High Trading Volume
MUJ
BlackRock MuniHoldings New Jersey Quality Fund
0 of 5 stars
$11.11
+0.5%
N/A-0.4%$599.83MN/A0.00N/AShort Interest ↓
News Coverage
BTO
John Hancock Financial Opportunities Fund
0 of 5 stars
$28.08
+1.9%
N/A+8.7%$552.90MN/A0.00N/AShort Interest ↓
Positive News
VGM
Invesco Trust for Investment Grade Municipals
0 of 5 stars
$9.87
-0.3%
N/A+2.3%$536.90MN/A0.00147,000Short Interest ↑
Positive News
IFN
The India Fund
0 of 5 stars
$17.27
-1.3%
N/A+12.7%$536.41MN/A0.00N/AShort Interest ↓

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This page (NYSE:VTN) was last updated on 6/1/2024 by MarketBeat.com Staff

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