VGM vs. BTO, VKQ, MYD, DSU, IFN, VCV, PEO, MVF, MUJ, and NQP
Should you be buying Invesco Trust for Investment Grade Municipals stock or one of its competitors? The main competitors of Invesco Trust for Investment Grade Municipals include John Hancock Financial Opportunities Fund (BTO), Invesco Municipal Trust (VKQ), BlackRock MuniYield Fund (MYD), BlackRock Debt Strategies Fund (DSU), The India Fund (IFN), Invesco California Value Municipal Income Trust (VCV), Adams Natural Resources Fund (PEO), BlackRock MuniVest Fund (MVF), BlackRock MuniHoldings New Jersey Quality Fund (MUJ), and Nuveen Pennsylvania Quality Municipal Income Fund (NQP). These companies are all part of the "investment offices, not elsewhere classified" industry.
John Hancock Financial Opportunities Fund (NYSE:BTO) and Invesco Trust for Investment Grade Municipals (NYSE:VGM) are both small-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their community ranking, profitability, analyst recommendations, dividends, media sentiment, institutional ownership, earnings, risk and valuation.
In the previous week, John Hancock Financial Opportunities Fund had 3 more articles in the media than Invesco Trust for Investment Grade Municipals. MarketBeat recorded 3 mentions for John Hancock Financial Opportunities Fund and 0 mentions for Invesco Trust for Investment Grade Municipals. Invesco Trust for Investment Grade Municipals' average media sentiment score of 0.83 beat John Hancock Financial Opportunities Fund's score of 0.00 indicating that John Hancock Financial Opportunities Fund is being referred to more favorably in the media.
Invesco Trust for Investment Grade Municipals received 13 more outperform votes than John Hancock Financial Opportunities Fund when rated by MarketBeat users. Likewise, 76.36% of users gave Invesco Trust for Investment Grade Municipals an outperform vote while only 70.14% of users gave John Hancock Financial Opportunities Fund an outperform vote.
John Hancock Financial Opportunities Fund pays an annual dividend of $2.60 per share and has a dividend yield of 9.4%. Invesco Trust for Investment Grade Municipals pays an annual dividend of $0.43 per share and has a dividend yield of 4.5%.
John Hancock Financial Opportunities Fund has a beta of 1.4, indicating that its share price is 40% more volatile than the S&P 500. Comparatively, Invesco Trust for Investment Grade Municipals has a beta of 0.5, indicating that its share price is 50% less volatile than the S&P 500.
19.6% of John Hancock Financial Opportunities Fund shares are owned by institutional investors. Comparatively, 38.1% of Invesco Trust for Investment Grade Municipals shares are owned by institutional investors. 1.0% of Invesco Trust for Investment Grade Municipals shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
John Hancock Financial Opportunities Fund and Invesco Trust for Investment Grade Municipals tied by winning 4 of the 8 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding VGM 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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