MIY vs. PPT, MHN, SOR, PMO, ASG, RFI, MIN, TYG, WHF, and NCA
Should you be buying BlackRock MuniYield Michigan Quality Fund stock or one of its competitors? The main competitors of BlackRock MuniYield Michigan Quality Fund include Putnam Premier Income Trust (PPT), BlackRock MuniHoldings New York Quality Fund (MHN), Source Capital (SOR), Putnam Municipal Opportunities Trust (PMO), Liberty All-Star Growth Fund (ASG), Cohen & Steers Total Return Realty Fund (RFI), MFS Intermediate Income Trust (MIN), Tortoise Energy Infrastructure (TYG), WhiteHorse Finance (WHF), and Nuveen California Municipal Value Fund (NCA). These companies are all part of the "investment offices, not elsewhere classified" industry.
BlackRock MuniYield Michigan Quality Fund (NYSE:MIY) and Putnam Premier Income Trust (NYSE:PPT) are both small-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, profitability, media sentiment, valuation, dividends, institutional ownership, earnings, risk and analyst recommendations.
BlackRock MuniYield Michigan Quality Fund has a beta of 0.4, meaning that its stock price is 60% less volatile than the S&P 500. Comparatively, Putnam Premier Income Trust has a beta of 0.35, meaning that its stock price is 65% less volatile than the S&P 500.
24.2% of BlackRock MuniYield Michigan Quality Fund shares are owned by institutional investors. Comparatively, 42.8% of Putnam Premier Income Trust shares are owned by institutional investors. 1.0% of BlackRock MuniYield Michigan Quality Fund shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
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.
BlackRock MuniYield Michigan Quality Fund pays an annual dividend of $0.44 per share and has a dividend yield of 3.9%. Putnam Premier Income Trust pays an annual dividend of $0.31 per share and has a dividend yield of 8.8%.
In the previous week, BlackRock MuniYield Michigan Quality Fund and BlackRock MuniYield Michigan Quality Fund both had 1 articles in the media. BlackRock MuniYield Michigan Quality Fund's average media sentiment score of 1.00 beat Putnam Premier Income Trust's score of 0.00 indicating that BlackRock MuniYield Michigan Quality Fund is being referred to more favorably in the media.
Summary
BlackRock MuniYield Michigan Quality Fund beats Putnam Premier Income Trust 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 MIY 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.
BlackRock MuniYield Michigan Quality Fund Competitors List
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