TY vs. GAB, RVT, GSBD, NUV, USA, STEW, CET, QQQX, GAM, and PTY
Should you be buying Tri-Continental stock or one of its competitors? The main competitors of Tri-Continental include The Gabelli Equity Trust (GAB), Royce Value Trust (RVT), Goldman Sachs BDC (GSBD), Nuveen Municipal Value Fund (NUV), Liberty All-Star Equity Fund (USA), SRH Total Return Fund (STEW), Central Securities (CET), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), General American Investors (GAM), and PIMCO Corporate & Income Opportunity Fund (PTY). 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 businesses based on the strength of their risk, community ranking, valuation, analyst recommendations, media sentiment, institutional ownership, earnings, dividends and profitability.
The Gabelli Equity Trust pays an annual dividend of $0.60 per share and has a dividend yield of 11.0%. Tri-Continental pays an annual dividend of $1.08 per share and has a dividend yield of 3.6%. The Gabelli Equity Trust has raised its dividend for 1 consecutive years. The Gabelli Equity Trust is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
7.2% of The Gabelli Equity Trust shares are held by institutional investors. Comparatively, 10.2% of Tri-Continental shares are held by institutional investors. 0.9% of The Gabelli Equity Trust shares are held by insiders. Comparatively, 8.7% of Tri-Continental shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
The Gabelli Equity Trust has a beta of 0.86, indicating that its share price is 14% less volatile than the S&P 500. Comparatively, Tri-Continental has a beta of 0.95, indicating that its share price is 5% less volatile than the S&P 500.
In the previous week, The Gabelli Equity Trust and The Gabelli Equity Trust both had 2 articles in the media. The Gabelli Equity Trust's average media sentiment score of 1.08 beat Tri-Continental's score of 0.25 indicating that Tri-Continental is being referred to more favorably in the news media.
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.
Summary
Tri-Continental beats The Gabelli Equity Trust on 7 of the 10 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TY 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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