PMM vs. NCA, MMT, RCS, MIN, WHF, ASG, RFI, BKT, PMO, and MHN
Should you be buying Putnam Managed Municipal Income Trust stock or one of its competitors? The main competitors of Putnam Managed Municipal Income Trust include Nuveen California Municipal Value Fund (NCA), MFS Multimarket Income Trust (MMT), PIMCO Strategic Income Fund (RCS), MFS Intermediate Income Trust (MIN), WhiteHorse Finance (WHF), Liberty All-Star Growth Fund (ASG), Cohen & Steers Total Return Realty Fund (RFI), BlackRock Income Trust (BKT), Putnam Municipal Opportunities Trust (PMO), and BlackRock MuniHoldings New York Quality Fund (MHN). These companies are all part of the "investment offices, not elsewhere classified" industry.
Putnam Managed Municipal Income Trust (NYSE:PMM) and Nuveen California Municipal Value Fund (NYSE:NCA) are both small-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, risk, media sentiment, earnings, community ranking, dividends, analyst recommendations, institutional ownership and valuation.
Nuveen California Municipal Value Fund received 7 more outperform votes than Putnam Managed Municipal Income Trust when rated by MarketBeat users. However, 65.91% of users gave Putnam Managed Municipal Income Trust an outperform vote while only 64.74% of users gave Nuveen California Municipal Value Fund an outperform vote.
In the previous week, Nuveen California Municipal Value Fund had 1 more articles in the media than Putnam Managed Municipal Income Trust. MarketBeat recorded 1 mentions for Nuveen California Municipal Value Fund and 0 mentions for Putnam Managed Municipal Income Trust. Putnam Managed Municipal Income Trust's average media sentiment score of 1.95 beat Nuveen California Municipal Value Fund's score of 1.94 indicating that Putnam Managed Municipal Income Trust is being referred to more favorably in the media.
Putnam Managed Municipal Income Trust has a beta of 0.57, indicating that its stock price is 43% less volatile than the S&P 500. Comparatively, Nuveen California Municipal Value Fund has a beta of 0.31, indicating that its stock price is 69% less volatile than the S&P 500.
Putnam Managed Municipal Income Trust pays an annual dividend of $0.29 per share and has a dividend yield of 4.8%. Nuveen California Municipal Value Fund pays an annual dividend of $0.35 per share and has a dividend yield of 4.0%.
13.5% of Putnam Managed Municipal Income Trust shares are held by institutional investors. Comparatively, 21.5% of Nuveen California Municipal Value Fund shares are held by institutional investors. 0.0% of Putnam Managed Municipal Income Trust shares are held by company insiders. Comparatively, 1.0% of Nuveen California Municipal Value Fund shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Summary
Putnam Managed Municipal Income Trust beats Nuveen California Municipal Value Fund on 5 of the 9 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PMM 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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