NMI vs. TYG, HQL, KTF, SOR, MCI, PPT, MIY, MHN, PMO, and RFI
Should you be buying Nuveen Municipal Income Fund stock or one of its competitors? The main competitors of Nuveen Municipal Income Fund include Tortoise Energy Infrastructure (TYG), Abrdn Life Sciences Investors (HQL), 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), Putnam Municipal Opportunities Trust (PMO), and Cohen & Steers Total Return Realty Fund (RFI). These companies are all part of the "investment offices, not elsewhere classified" industry.
Tortoise Energy Infrastructure (NYSE:TYG) and Nuveen Municipal Income Fund (NYSE:NMI) are both small-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, dividends, media sentiment, earnings, profitability, analyst recommendations, valuation, community ranking and risk.
In the previous week, Nuveen Municipal Income Fund had 1 more articles in the media than Tortoise Energy Infrastructure. MarketBeat recorded 2 mentions for Nuveen Municipal Income Fund and 1 mentions for Tortoise Energy Infrastructure. Nuveen Municipal Income Fund's average media sentiment score of 1.32 beat Tortoise Energy Infrastructure's score of 0.80 indicating that Tortoise Energy Infrastructure is being referred to more favorably in the media.
Tortoise Energy Infrastructure received 227 more outperform votes than Nuveen Municipal Income Fund when rated by MarketBeat users. Likewise, 69.43% of users gave Tortoise Energy Infrastructure an outperform vote while only 61.54% of users gave Nuveen Municipal Income Fund an outperform vote.
Tortoise Energy Infrastructure has a beta of 2.11, indicating that its stock price is 111% more volatile than the S&P 500. Comparatively, Nuveen Municipal Income Fund has a beta of 0.23, indicating that its stock price is 77% less volatile than the S&P 500.
32.5% of Tortoise Energy Infrastructure shares are owned by institutional investors. Comparatively, 16.6% of Nuveen Municipal Income Fund shares are owned by institutional investors. 0.3% of Tortoise Energy Infrastructure shares are owned by insiders. Comparatively, 1.0% of Nuveen Municipal Income Fund shares are owned by 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.
Tortoise Energy Infrastructure pays an annual dividend of $2.84 per share and has a dividend yield of 8.7%. Nuveen Municipal Income Fund pays an annual dividend of $0.40 per share and has a dividend yield of 4.3%. Nuveen Municipal Income Fund has increased its dividend for 2 consecutive years.
Summary
Tortoise Energy Infrastructure beats Nuveen Municipal Income Fund on 6 of the 9 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NMI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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