PPT vs. LEO, TDF, RMT, HQL, MUA, TYG, GLAD, IFN, HRZN, and MIN
Should you be buying Putnam Premier Income Trust stock or one of its competitors? The main competitors of Putnam Premier Income Trust include BNY Mellon Strategic Municipals (LEO), Templeton Dragon Fund (TDF), Royce Micro-Cap Trust (RMT), Tekla Life Sciences Investors (HQL), BlackRock MuniAssets Fund (MUA), Tortoise Energy Infrastructure (TYG), Gladstone Capital (GLAD), The India Fund (IFN), Horizon Technology Finance (HRZN), and MFS Intermediate Income Trust (MIN). These companies are all part of the "investment offices, not elsewhere classified" industry.
Putnam Premier Income Trust vs.
BNY Mellon Strategic Municipals (NYSE:LEO) and Putnam Premier Income Trust (NYSE:PPT) are both small-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, earnings, valuation, risk, profitability, community ranking, institutional ownership, analyst recommendations and media sentiment.
Putnam Premier Income Trust received 2 more outperform votes than BNY Mellon Strategic Municipals when rated by MarketBeat users. Likewise, 66.20% of users gave Putnam Premier Income Trust an outperform vote while only 56.50% of users gave BNY Mellon Strategic Municipals an outperform vote.
In the previous week, BNY Mellon Strategic Municipals had 1 more articles in the media than Putnam Premier Income Trust. MarketBeat recorded 1 mentions for BNY Mellon Strategic Municipals and 0 mentions for Putnam Premier Income Trust. BNY Mellon Strategic Municipals' average media sentiment score of 1.49 beat Putnam Premier Income Trust's score of 0.00 indicating that BNY Mellon Strategic Municipals is being referred to more favorably in the media.
BNY Mellon Strategic Municipals pays an annual dividend of $0.32 per share and has a dividend yield of 5.2%. Putnam Premier Income Trust pays an annual dividend of $0.31 per share and has a dividend yield of 8.7%.
13.0% of BNY Mellon Strategic Municipals shares are owned by institutional investors. Comparatively, 28.8% of Putnam Premier Income Trust shares are owned by institutional investors. 1.0% of BNY Mellon Strategic Municipals 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.
BNY Mellon Strategic Municipals has a beta of 0.46, suggesting that its stock price is 54% less volatile than the S&P 500. Comparatively, Putnam Premier Income Trust has a beta of 0.37, suggesting that its stock price is 63% less volatile than the S&P 500.
Summary
Putnam Premier Income Trust beats BNY Mellon Strategic Municipals on 5 of the 9 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding PPT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
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.
Putnam Premier Income Trust Competitors List
