DHF vs. VBF, SPE, BANX, OFS, VTN, JHI, IIF, EMD, PUYI, and ESSA
Should you be buying BNY Mellon High Yield Strategies Fund stock or one of its competitors? The main competitors of BNY Mellon High Yield Strategies Fund include Invesco Bond Fund (VBF), Special Opportunities Fund (SPE), ArrowMark Financial (BANX), OFS Capital (OFS), Invesco Trust for Investment Grade New York Municipals (VTN), John Hancock Investors Trust (JHI), Morgan Stanley India Investment Fund (IIF), Western Asset Emerging Markets Debt Fund (EMD), Highest Performances (PUYI), and ESSA Bancorp (ESSA). These companies are all part of the "financial services" sector.
BNY Mellon High Yield Strategies Fund (NYSE:DHF) and Invesco Bond Fund (NYSE:VBF) are both small-cap financial services companies, but which is the superior stock? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, profitability, community ranking, dividends, earnings, analyst recommendations, valuation and risk.
Invesco Bond Fund received 63 more outperform votes than BNY Mellon High Yield Strategies Fund when rated by MarketBeat users. Likewise, 70.23% of users gave Invesco Bond Fund an outperform vote while only 69.34% of users gave BNY Mellon High Yield Strategies Fund an outperform vote.
In the previous week, BNY Mellon High Yield Strategies Fund had 2 more articles in the media than Invesco Bond Fund. MarketBeat recorded 3 mentions for BNY Mellon High Yield Strategies Fund and 1 mentions for Invesco Bond Fund. BNY Mellon High Yield Strategies Fund's average media sentiment score of 1.05 beat Invesco Bond Fund's score of 0.36 indicating that BNY Mellon High Yield Strategies Fund is being referred to more favorably in the media.
BNY Mellon High Yield Strategies Fund has a beta of 0.85, suggesting that its stock price is 15% 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.
36.2% of BNY Mellon High Yield Strategies Fund shares are held by institutional investors. Comparatively, 43.7% of Invesco Bond Fund shares are held by institutional investors. 16.6% of BNY Mellon High Yield Strategies Fund shares are held by company insiders. Comparatively, 20.3% of Invesco Bond Fund shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
BNY Mellon High Yield Strategies Fund pays an annual dividend of $0.18 per share and has a dividend yield of 7.8%. Invesco Bond Fund pays an annual dividend of $0.81 per share and has a dividend yield of 5.3%.
Summary
BNY Mellon High Yield Strategies Fund beats Invesco Bond 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 DHF 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.
BNY Mellon High Yield Strategies Fund Competitors List
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