PMM vs. NCA, MMT, RCS, MIN, WHF, ASG, RFI, BKT, PMO, and MHN
Should you be buying Putnam Managed Municipal Income Trust stock or one of its competitors? The main competitors of Putnam Managed Municipal Income Trust include Nuveen California Municipal Value Fund (NCA), MFS Multimarket Income Trust (MMT), PIMCO Strategic Income Fund (RCS), MFS Intermediate Income Trust (MIN), WhiteHorse Finance (WHF), Liberty All-Star Growth Fund (ASG), Cohen & Steers Total Return Realty Fund (RFI), BlackRock Income Trust (BKT), Putnam Municipal Opportunities Trust (PMO), and BlackRock MuniHoldings New York Quality Fund (MHN). These companies are all part of the "investment offices, not elsewhere classified" industry.
Nuveen California Municipal Value Fund (NYSE:NCA) and Putnam Managed Municipal Income Trust (NYSE:PMM) are both small-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, risk, institutional ownership, community ranking, dividends, profitability, valuation, media sentiment and analyst recommendations.
Nuveen California Municipal Value Fund has a beta of 0.31, suggesting that its share price is 69% less volatile than the S&P 500. Comparatively, Putnam Managed Municipal Income Trust has a beta of 0.57, suggesting that its share price is 43% less volatile than the S&P 500.
21.5% of Nuveen California Municipal Value Fund shares are owned by institutional investors. Comparatively, 13.5% of Putnam Managed Municipal Income Trust shares are owned by institutional investors. 1.0% of Nuveen California Municipal Value Fund shares are owned by company insiders. Comparatively, 0.0% of Putnam Managed Municipal Income Trust shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Nuveen California Municipal Value Fund received 7 more outperform votes than Putnam Managed Municipal Income Trust when rated by MarketBeat users. However, 65.91% of users gave Putnam Managed Municipal Income Trust an outperform vote while only 64.74% of users gave Nuveen California Municipal Value Fund an outperform vote.
In the previous week, Putnam Managed Municipal Income Trust had 1 more articles in the media than Nuveen California Municipal Value Fund. MarketBeat recorded 1 mentions for Putnam Managed Municipal Income Trust and 0 mentions for Nuveen California Municipal Value Fund. Nuveen California Municipal Value Fund's average media sentiment score of 1.66 beat Putnam Managed Municipal Income Trust's score of 0.00 indicating that Putnam Managed Municipal Income Trust is being referred to more favorably in the news media.
Nuveen California Municipal Value Fund pays an annual dividend of $0.35 per share and has a dividend yield of 4.1%. Putnam Managed Municipal Income Trust pays an annual dividend of $0.29 per share and has a dividend yield of 4.9%. Nuveen California Municipal Value Fund has raised its dividend for 2 consecutive years.
Summary
Putnam Managed Municipal Income Trust beats Nuveen California Municipal Value Fund on 5 of the 9 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PMM 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.
Putnam Managed Municipal Income Trust Competitors List
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