Invesco Trust for Investment Grade New York Municipals (VTN) Competitors

$10.55
+0.11 (+1.05%)
(As of 05/3/2024 08:53 PM ET)

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 vs.

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.

Company Overall Sentiment
Invesco Trust for Investment Grade New York Municipals Positive
Templeton Dragon Fund Very Positive

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Invesco Trust for Investment Grade New York MunicipalsN/AN/AN/AN/AN/A
Templeton Dragon FundN/AN/AN/AN/AN/A

Company Net Margins Return on Equity Return on Assets
Invesco Trust for Investment Grade New York MunicipalsN/A N/A N/A
Templeton Dragon Fund N/A N/A N/A

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Invesco Trust for Investment Grade New York Municipals
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Templeton Dragon Fund
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

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.

CompanyUnderperformOutperform
Invesco Trust for Investment Grade New York MunicipalsOutperform Votes
144
73.10%
Underperform Votes
53
26.90%
Templeton Dragon FundOutperform Votes
137
69.54%
Underperform Votes
60
30.46%

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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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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VTN vs. The Competition

MetricInvesco Trust for Investment Grade New York MunicipalsInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$205.51M$7.03B$8.63B$17.33B
Dividend Yield3.89%6.34%432.93%3.53%
P/E RatioN/A0.7956.7424.48
Price / SalesN/A18.073,479.9910.41
Price / CashN/A7.7727.4018.04
Price / BookN/A0.983.205.27
Net IncomeN/A$73.96M$988.33M$960.00M
7 Day Performance1.64%1.08%2.01%2.23%
1 Month Performance-0.76%-0.35%1.00%0.51%
1 Year Performance2.43%3.95%13.25%20.18%

Invesco Trust for Investment Grade New York Municipals Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TDF
Templeton Dragon Fund
0 of 5 stars
$8.14
-1.6%
N/A-11.4%$206.35MN/A0.00147,000Positive News
BKN
BlackRock Investment Quality Municipal Trust
0 of 5 stars
$12.00
-0.6%
N/A+4.3%$211.44MN/A0.00N/ADividend Announcement
News Coverage
Positive News
OXSQ
Oxford Square Capital
1.0899 of 5 stars
$3.22
-0.3%
N/A+4.6%$192.14M$51.82M9.76N/ANews Coverage
NPV
Nuveen Virginia Quality Municipal Income Fund
0 of 5 stars
$10.54
-0.2%
N/A-5.3%$188.79MN/A0.00N/ADividend Announcement
TSI
TCW Strategic Income Fund
0 of 5 stars
$4.55
+0.2%
N/A-1.9%$217.40MN/A0.00N/AHigh Trading Volume
EMF
Templeton Emerging Markets Fund
0 of 5 stars
$11.77
-0.5%
N/A+6.5%$185.02MN/A0.00N/A
MVT
BlackRock MuniVest Fund II
0 of 5 stars
$10.39
-0.1%
N/A-0.7%$220.68MN/A0.00N/ADividend Announcement
News Coverage
MQT
BlackRock MuniYield Quality Fund II
0 of 5 stars
$9.81
-0.3%
N/A-2.4%$220.92MN/A0.00N/ADividend Announcement
News Coverage
FUND
Sprott Focus Trust
0 of 5 stars
$7.59
-1.0%
N/A-2.9%$224.66MN/A0.00N/AUpcoming Earnings
VBF
Invesco Bond Fund
0 of 5 stars
$15.19
-0.1%
N/A-2.8%$173.47MN/A0.00N/ADividend Increase
News Coverage
Positive News

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This page (NYSE:VTN) was last updated on 5/6/2024 by MarketBeat.com Staff

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