PPT vs. MIY, SOR, MCI, HQL, MHN, ASG, PMO, TYG, RFI, 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 BlackRock MuniYield Michigan Quality Fund (MIY), Source Capital (SOR), Barings Corporate Investors (MCI), Abrdn Life Sciences Investors (HQL), BlackRock MuniHoldings New York Quality Fund (MHN), Liberty All-Star Growth Fund (ASG), Putnam Municipal Opportunities Trust (PMO), Tortoise Energy Infrastructure (TYG), Cohen & Steers Total Return Realty Fund (RFI), and MFS Intermediate Income Trust (MIN). These companies are all part of the "investment offices, not elsewhere classified" industry.
Putnam Premier Income Trust (NYSE:PPT) and BlackRock MuniYield Michigan Quality Fund (NYSE:MIY) are both small-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, risk, analyst recommendations, community ranking, dividends, valuation, earnings and profitability.
Putnam Premier Income Trust received 59 more outperform votes than BlackRock MuniYield Michigan Quality Fund when rated by MarketBeat users. However, 69.49% of users gave BlackRock MuniYield Michigan Quality Fund an outperform vote while only 66.20% of users gave Putnam Premier Income Trust an outperform vote.
Putnam Premier Income Trust has a beta of 0.34, meaning that its share price is 66% less volatile than the S&P 500. Comparatively, BlackRock MuniYield Michigan Quality Fund has a beta of 0.39, meaning that its share price is 61% less volatile than the S&P 500.
In the previous week, Putnam Premier Income Trust and Putnam Premier Income Trust both had 1 articles in the media. Putnam Premier Income Trust's average media sentiment score of 1.88 beat BlackRock MuniYield Michigan Quality Fund's score of 0.80 indicating that Putnam Premier Income Trust is being referred to more favorably in the media.
42.8% of Putnam Premier Income Trust shares are owned by institutional investors. Comparatively, 24.2% of BlackRock MuniYield Michigan Quality Fund shares are owned by institutional investors. 1.0% of BlackRock MuniYield Michigan Quality Fund 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.
Putnam Premier Income Trust pays an annual dividend of $0.31 per share and has a dividend yield of 8.9%. BlackRock MuniYield Michigan Quality Fund pays an annual dividend of $0.47 per share and has a dividend yield of 4.2%.
Summary
Putnam Premier Income Trust beats BlackRock MuniYield Michigan Quality Fund on 4 of the 7 factors compared between the two stocks.
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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.
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.
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