VTN vs. VBF, DHF, SPE, EMD, OFS, BANX, JHI, PUYI, PLBC, and FFNW
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 Invesco Bond Fund (VBF), BNY Mellon High Yield Strategies Fund (DHF), Special Opportunities Fund (SPE), Western Asset Emerging Markets Debt Fund (EMD), OFS Capital (OFS), ArrowMark Financial (BANX), John Hancock Investors Trust (JHI), Highest Performances (PUYI), Plumas Bancorp (PLBC), and First Financial Northwest (FFNW).
Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) and Invesco Bond Fund (NYSE:VBF) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, valuation, analyst recommendations, community ranking, media sentiment, earnings, risk and institutional ownership.
In the previous week, Invesco Trust for Investment Grade New York Municipals and Invesco Trust for Investment Grade New York Municipals both had 5 articles in the media. Invesco Trust for Investment Grade New York Municipals' average media sentiment score of 0.99 beat Invesco Bond Fund's score of 0.32 indicating that Invesco Trust for Investment Grade New York Municipals is being referred to more favorably in the media.
Invesco Trust for Investment Grade New York Municipals has a beta of 0.56, suggesting that its stock price is 44% less volatile than the S&P 500. Comparatively, Invesco Bond Fund has a beta of 0.44, suggesting that its stock price is 56% less volatile than the S&P 500.
Invesco Trust for Investment Grade New York Municipals pays an annual dividend of $0.42 per share and has a dividend yield of 3.8%. Invesco Bond Fund pays an annual dividend of $0.82 per share and has a dividend yield of 5.2%.
Invesco Bond Fund received 66 more outperform votes than Invesco Trust for Investment Grade New York Municipals when rated by MarketBeat users. However, 73.10% of users gave Invesco Trust for Investment Grade New York Municipals an outperform vote while only 70.23% of users gave Invesco Bond Fund an outperform vote.
34.9% of Invesco Trust for Investment Grade New York Municipals shares are owned by institutional investors. Comparatively, 43.7% of Invesco Bond Fund shares are owned by institutional investors. 1.0% of Invesco Trust for Investment Grade New York Municipals shares are owned by insiders. Comparatively, 20.3% of Invesco Bond Fund shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
Invesco Bond Fund beats Invesco Trust for Investment Grade New York Municipals on 4 of the 7 factors compared between the two stocks.
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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.
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.
Invesco Trust for Investment Grade New York Municipals Competitors List
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