TY vs. GAB, USA, TSLX, FSCO, MUC, OXLC, PFLT, PUYI, MVF, and RONI
Should you be buying Tri-Continental stock or one of its competitors? The main competitors of Tri-Continental include The Gabelli Equity Trust (GAB), Liberty All-Star Equity Fund (USA), Sixth Street Specialty Lending (TSLX), FS Credit Opportunities (FSCO), BlackRock MuniHoldings California Quality Fund (MUC), Oxford Lane Capital (OXLC), PennantPark Floating Rate Capital (PFLT), Highest Performances (PUYI), BlackRock MuniVest Fund (MVF), and Rice Acquisition Corp. II (RONI).
The Gabelli Equity Trust (NYSE:GAB) and Tri-Continental (NYSE:TY) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, risk, profitability, media sentiment, valuation, dividends, institutional ownership, community ranking and analyst recommendations.
7.2% of The Gabelli Equity Trust shares are owned by institutional investors. Comparatively, 10.2% of Tri-Continental shares are owned by institutional investors. 0.9% of The Gabelli Equity Trust shares are owned by insiders. Comparatively, 8.7% of Tri-Continental shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
In the previous week, The Gabelli Equity Trust had 4 more articles in the media than Tri-Continental. MarketBeat recorded 5 mentions for The Gabelli Equity Trust and 1 mentions for Tri-Continental. Tri-Continental's average media sentiment score of 0.65 beat The Gabelli Equity Trust's score of 0.00 indicating that The Gabelli Equity Trust is being referred to more favorably in the media.
Tri-Continental received 66 more outperform votes than The Gabelli Equity Trust when rated by MarketBeat users. Likewise, 71.02% of users gave Tri-Continental an outperform vote while only 63.82% of users gave The Gabelli Equity Trust an outperform vote.
The Gabelli Equity Trust pays an annual dividend of $0.60 per share and has a dividend yield of 11.2%. Tri-Continental pays an annual dividend of $1.08 per share and has a dividend yield of 3.6%.
The Gabelli Equity Trust has a beta of 0.86, suggesting that its stock price is 14% less volatile than the S&P 500. Comparatively, Tri-Continental has a beta of 0.95, suggesting that its stock price is 5% less volatile than the S&P 500.
Summary
Tri-Continental beats The Gabelli Equity Trust on 5 of the 8 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TY 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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