DHF vs. IIM, PUYI, EMD, DMF, CXE, RAND, AGD, AWP, THQ, and ACP
Should you be buying BNY Mellon High Yield Strategies Fund stock or one of its competitors? The main competitors of BNY Mellon High Yield Strategies Fund include Invesco Value Municipal Income Trust (IIM), Highest Performances (PUYI), Western Asset Emerging Markets Debt Fund (EMD), BNY Mellon Municipal Income (DMF), MFS High Income Municipal Trust (CXE), Rand Capital (RAND), Abrdn Global Dynamic Dividend Fund (AGD), abrdn Global Premier Properties Fund (AWP), Abrdn Healthcare Opportunities Fund (THQ), and Abrdn Income Credit Strategies Fund (ACP). These companies are all part of the "asset management" industry.
Invesco Value Municipal Income Trust (NYSE:IIM) and BNY Mellon High Yield Strategies Fund (NYSE:DHF) are both small-cap financial services companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, media sentiment, community ranking, valuation, analyst recommendations, risk, institutional ownership, profitability and earnings.
In the previous week, BNY Mellon High Yield Strategies Fund had 1 more articles in the media than Invesco Value Municipal Income Trust. MarketBeat recorded 5 mentions for BNY Mellon High Yield Strategies Fund and 4 mentions for Invesco Value Municipal Income Trust. BNY Mellon High Yield Strategies Fund's average media sentiment score of 1.52 beat Invesco Value Municipal Income Trust's score of -0.03 indicating that Invesco Value Municipal Income Trust is being referred to more favorably in the media.
Invesco Value Municipal Income Trust pays an annual dividend of $0.56 per share and has a dividend yield of 4.7%. BNY Mellon High Yield Strategies Fund pays an annual dividend of $0.18 per share and has a dividend yield of 7.5%. Invesco Value Municipal Income Trust has increased its dividend for 1 consecutive years and BNY Mellon High Yield Strategies Fund has increased its dividend for 1 consecutive years.
Invesco Value Municipal Income Trust has a beta of 0.59, meaning that its stock price is 41% less volatile than the S&P 500. Comparatively, BNY Mellon High Yield Strategies Fund has a beta of 0.85, meaning that its stock price is 15% less volatile than the S&P 500.
20.7% of Invesco Value Municipal Income Trust shares are held by institutional investors. Comparatively, 36.2% of BNY Mellon High Yield Strategies Fund shares are held by institutional investors. 6.1% of Invesco Value Municipal Income Trust shares are held by company insiders. Comparatively, 16.6% of BNY Mellon High Yield Strategies Fund shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
BNY Mellon High Yield Strategies Fund received 39 more outperform votes than Invesco Value Municipal Income Trust when rated by MarketBeat users. Likewise, 69.34% of users gave BNY Mellon High Yield Strategies Fund an outperform vote while only 62.79% of users gave Invesco Value Municipal Income Trust an outperform vote.
Summary
BNY Mellon High Yield Strategies Fund beats Invesco Value Municipal Income Trust on 7 of the 9 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DHF 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.
BNY Mellon High Yield Strategies Fund Competitors List
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