GAB vs. TY, RVT, GSBD, NUV, STEW, USA, CET, QQQX, PTY, and GAM
Should you be buying The Gabelli Equity Trust stock or one of its competitors? The main competitors of The Gabelli Equity Trust include Tri-Continental (TY), Royce Value Trust (RVT), Goldman Sachs BDC (GSBD), Nuveen Municipal Value Fund (NUV), SRH Total Return Fund (STEW), Liberty All-Star Equity Fund (USA), Central Securities (CET), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), PIMCO Corporate & Income Opportunity Fund (PTY), and General American Investors (GAM). These companies are all part of the "investment offices, not elsewhere classified" industry.
The Gabelli Equity Trust (NYSE:GAB) and Tri-Continental (NYSE:TY) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their risk, dividends, earnings, profitability, community ranking, valuation, analyst recommendations, media sentiment and institutional ownership.
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.
In the previous week, Tri-Continental had 2 more articles in the media than The Gabelli Equity Trust. MarketBeat recorded 2 mentions for Tri-Continental and 0 mentions for The Gabelli Equity Trust. Tri-Continental's average media sentiment score of 1.15 beat The Gabelli Equity Trust's score of 0.00 indicating that Tri-Continental is being referred to more favorably in the news media.
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 company insiders. Comparatively, 8.7% of Tri-Continental shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
The Gabelli Equity Trust pays an annual dividend of $0.60 per share and has a dividend yield of 11.5%. Tri-Continental pays an annual dividend of $1.08 per share and has a dividend yield of 3.7%.
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 7 of the 8 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GAB 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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The Gabelli Equity Trust Competitors List
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