VGM vs. VKQ, BTO, DSU, MYD, IFN, VCV, PEO, MUJ, RMT, and NQP
Should you be buying Invesco Trust for Investment Grade Municipals stock or one of its competitors? The main competitors of Invesco Trust for Investment Grade Municipals include Invesco Municipal Trust (VKQ), John Hancock Financial Opportunities Fund (BTO), BlackRock Debt Strategies Fund (DSU), BlackRock MuniYield Fund (MYD), The India Fund (IFN), Invesco California Value Municipal Income Trust (VCV), Adams Natural Resources Fund (PEO), BlackRock MuniHoldings New Jersey Quality Fund (MUJ), Royce Micro-Cap Trust (RMT), and Nuveen Pennsylvania Quality Municipal Income Fund (NQP). These companies are all part of the "investment offices, not elsewhere classified" industry.
Invesco Trust for Investment Grade Municipals (NYSE:VGM) and Invesco Municipal Trust (NYSE:VKQ) are both small-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, media sentiment, community ranking, earnings, dividends, profitability, analyst recommendations, valuation and risk.
Invesco Trust for Investment Grade Municipals pays an annual dividend of $0.43 per share and has a dividend yield of 4.4%. Invesco Municipal Trust pays an annual dividend of $0.44 per share and has a dividend yield of 4.5%.
Invesco Trust for Investment Grade Municipals received 59 more outperform votes than Invesco Municipal Trust when rated by MarketBeat users. Likewise, 76.36% of users gave Invesco Trust for Investment Grade Municipals an outperform vote while only 63.37% of users gave Invesco Municipal Trust an outperform vote.
In the previous week, Invesco Municipal Trust had 3 more articles in the media than Invesco Trust for Investment Grade Municipals. MarketBeat recorded 6 mentions for Invesco Municipal Trust and 3 mentions for Invesco Trust for Investment Grade Municipals. Invesco Municipal Trust's average media sentiment score of 1.43 beat Invesco Trust for Investment Grade Municipals' score of 1.23 indicating that Invesco Municipal Trust is being referred to more favorably in the news media.
38.1% of Invesco Trust for Investment Grade Municipals shares are owned by institutional investors. Comparatively, 32.0% of Invesco Municipal Trust shares are owned by institutional investors. 1.0% of Invesco Trust for Investment Grade Municipals shares are owned by company insiders. Comparatively, 5.4% of Invesco Municipal Trust shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Invesco Trust for Investment Grade Municipals has a beta of 0.51, suggesting that its stock price is 49% less volatile than the S&P 500. Comparatively, Invesco Municipal Trust has a beta of 0.51, suggesting that its stock price is 49% less volatile than the S&P 500.
Summary
Invesco Trust for Investment Grade Municipals and Invesco Municipal Trust tied by winning 4 of the 8 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding VGM 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 Municipals Competitors List
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