GAB vs. TY, USA, TSLX, FSCO, MUC, OXLC, PFLT, PUYI, MVF, and RONI
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), Liberty All-Star Equity Fund (USA), Sixth Street Specialty Lending (TSLX), FS Credit Opportunities (FSCO), BlackRock MuniHoldings California Quality Fund (MUC), Oxford Lane Capital (OXLC), PennantPark Floating Rate Capital (PFLT), Highest Performances (PUYI), BlackRock MuniVest Fund (MVF), and Rice Acquisition Corp. II (RONI).
The Gabelli Equity Trust (NYSE:GAB) and Tri-Continental (NYSE:TY) are both small-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, community ranking, earnings, analyst recommendations, institutional ownership, profitability, dividends, risk and media sentiment.
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.
The Gabelli Equity Trust has a beta of 0.86, indicating that its stock price is 14% less volatile than the S&P 500. Comparatively, Tri-Continental has a beta of 0.95, indicating that its stock price is 5% less volatile than the S&P 500.
The Gabelli Equity Trust pays an annual dividend of $0.60 per share and has a dividend yield of 11.1%. Tri-Continental pays an annual dividend of $1.08 per share and has a dividend yield of 3.6%.
In the previous week, The Gabelli Equity Trust had 2 more articles in the media than Tri-Continental. MarketBeat recorded 4 mentions for The Gabelli Equity Trust and 2 mentions for Tri-Continental. Tri-Continental's average media sentiment score of 1.08 beat The Gabelli Equity Trust's score of 0.41 indicating that Tri-Continental is being referred to more favorably in the news media.
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 company insiders. Comparatively, 8.7% of Tri-Continental shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Summary
Tri-Continental beats The Gabelli Equity Trust on 6 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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