NMT vs. MYN, HQL, TYG, KTF, SOR, MCI, PPT, MIY, MHN, and PMO
Should you be buying Nuveen Massachusetts Quality Municipal Income Fund stock or one of its competitors? The main competitors of Nuveen Massachusetts Quality Municipal Income Fund include BlackRock MuniYield New York Quality Fund (MYN), Abrdn Life Sciences Investors (HQL), Tortoise Energy Infrastructure (TYG), DWS Municipal Income Trust (KTF), Source Capital (SOR), Barings Corporate Investors (MCI), Putnam Premier Income Trust (PPT), BlackRock MuniYield Michigan Quality Fund (MIY), BlackRock MuniHoldings New York Quality Fund (MHN), and Putnam Municipal Opportunities Trust (PMO). These companies are all part of the "investment offices, not elsewhere classified" industry.
BlackRock MuniYield New York Quality Fund (NYSE:MYN) and Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their community ranking, dividends, media sentiment, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.
BlackRock MuniYield New York Quality Fund received 32 more outperform votes than Nuveen Massachusetts Quality Municipal Income Fund when rated by MarketBeat users. Likewise, 72.14% of users gave BlackRock MuniYield New York Quality Fund an outperform vote while only 68.07% of users gave Nuveen Massachusetts Quality Municipal Income Fund an outperform vote.
29.3% of BlackRock MuniYield New York Quality Fund shares are held by institutional investors. Comparatively, 16.6% of Nuveen Massachusetts Quality Municipal Income Fund shares are held by institutional investors. 1.0% of BlackRock MuniYield New York Quality Fund shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
BlackRock MuniYield New York Quality Fund pays an annual dividend of $0.45 per share and has a dividend yield of 4.3%. Nuveen Massachusetts Quality Municipal Income Fund pays an annual dividend of $0.38 per share and has a dividend yield of 3.5%. Nuveen Massachusetts Quality Municipal Income Fund has raised its dividend for 1 consecutive years.
In the previous week, BlackRock MuniYield New York Quality Fund and BlackRock MuniYield New York Quality Fund both had 2 articles in the media. BlackRock MuniYield New York Quality Fund's average media sentiment score of 1.80 beat Nuveen Massachusetts Quality Municipal Income Fund's score of 0.80 indicating that Nuveen Massachusetts Quality Municipal Income Fund is being referred to more favorably in the news media.
BlackRock MuniYield New York Quality Fund has a beta of 0.58, meaning that its share price is 42% less volatile than the S&P 500. Comparatively, Nuveen Massachusetts Quality Municipal Income Fund has a beta of 0.42, meaning that its share price is 58% less volatile than the S&P 500.
Summary
BlackRock MuniYield New York Quality Fund beats Nuveen Massachusetts Quality Municipal Income Fund on 6 of the 8 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NMT 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.
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