VTN vs. TDF, BKN, OXSQ, NPV, TSI, EMF, MVT, MQT, FUND, and VBF
Should you be buying Invesco Trust for Investment Grade New York Municipals stock or one of its competitors? The main competitors of Invesco Trust for Investment Grade New York Municipals include Templeton Dragon Fund (TDF), BlackRock Investment Quality Municipal Trust (BKN), Oxford Square Capital (OXSQ), Nuveen Virginia Quality Municipal Income Fund (NPV), TCW Strategic Income Fund (TSI), Templeton Emerging Markets Fund (EMF), BlackRock MuniVest Fund II (MVT), BlackRock MuniYield Quality Fund II (MQT), Sprott Focus Trust (FUND), and Invesco Bond Fund (VBF). These companies are all part of the "investment offices, not elsewhere classified" industry.
Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) and Templeton Dragon Fund (NYSE:TDF) are both small-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their community ranking, profitability, analyst recommendations, earnings, dividends, risk, institutional ownership, media sentiment and valuation.
In the previous week, Invesco Trust for Investment Grade New York Municipals had 3 more articles in the media than Templeton Dragon Fund. MarketBeat recorded 3 mentions for Invesco Trust for Investment Grade New York Municipals and 0 mentions for Templeton Dragon Fund. Templeton Dragon Fund's average media sentiment score of 1.91 beat Invesco Trust for Investment Grade New York Municipals' score of 1.44 indicating that Templeton Dragon Fund is being referred to more favorably in the news media.
Invesco Trust for Investment Grade New York Municipals has a beta of 0.56, meaning that its stock price is 44% less volatile than the S&P 500. Comparatively, Templeton Dragon Fund has a beta of 0.48, meaning that its stock price is 52% less volatile than the S&P 500.
Invesco Trust for Investment Grade New York Municipals received 7 more outperform votes than Templeton Dragon Fund when rated by MarketBeat users. Likewise, 73.10% of users gave Invesco Trust for Investment Grade New York Municipals an outperform vote while only 69.54% of users gave Templeton Dragon Fund an outperform vote.
34.9% of Invesco Trust for Investment Grade New York Municipals shares are held by institutional investors. Comparatively, 47.2% of Templeton Dragon Fund shares are held by institutional investors. 1.0% of Invesco Trust for Investment Grade New York Municipals shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
Invesco Trust for Investment Grade New York Municipals beats Templeton Dragon Fund on 5 of the 7 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding VTN 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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