NMT vs. MYN, TYG, KTF, HQL, MCI, SOR, PPT, MIY, MHN, and PMO
Should you be buying Nuveen Massachusetts Quality Municipal Income Fund stock or one of its competitors? The main competitors of Nuveen Massachusetts Quality Municipal Income Fund include BlackRock MuniYield New York Quality Fund (MYN), Tortoise Energy Infrastructure (TYG), DWS Municipal Income Trust (KTF), Abrdn Life Sciences Investors (HQL), Barings Corporate Investors (MCI), Source Capital (SOR), Putnam Premier Income Trust (PPT), BlackRock MuniYield Michigan Quality Fund (MIY), BlackRock MuniHoldings New York Quality Fund (MHN), and Putnam Municipal Opportunities Trust (PMO). These companies are all part of the "investment offices, not elsewhere classified" industry.
Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) and BlackRock MuniYield New York Quality Fund (NYSE:MYN) are both small-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, dividends, valuation, earnings, profitability, community ranking, risk, institutional ownership and media sentiment.
BlackRock MuniYield New York Quality Fund received 32 more outperform votes than Nuveen Massachusetts Quality Municipal Income Fund when rated by MarketBeat users. Likewise, 72.14% of users gave BlackRock MuniYield New York Quality Fund an outperform vote while only 68.07% of users gave Nuveen Massachusetts Quality Municipal Income Fund an outperform vote.
In the previous week, Nuveen Massachusetts Quality Municipal Income Fund had 1 more articles in the media than BlackRock MuniYield New York Quality Fund. MarketBeat recorded 3 mentions for Nuveen Massachusetts Quality Municipal Income Fund and 2 mentions for BlackRock MuniYield New York Quality Fund. BlackRock MuniYield New York Quality Fund's average media sentiment score of 1.46 beat Nuveen Massachusetts Quality Municipal Income Fund's score of 0.80 indicating that BlackRock MuniYield New York Quality Fund is being referred to more favorably in the news media.
Nuveen Massachusetts Quality Municipal Income Fund has a beta of 0.39, indicating that its stock price is 61% less volatile than the S&P 500. Comparatively, BlackRock MuniYield New York Quality Fund has a beta of 0.55, indicating that its stock price is 45% less volatile than the S&P 500.
Nuveen Massachusetts Quality Municipal Income Fund pays an annual dividend of $0.38 per share and has a dividend yield of 3.6%. BlackRock MuniYield New York Quality Fund pays an annual dividend of $0.45 per share and has a dividend yield of 4.4%.
16.6% of Nuveen Massachusetts Quality Municipal Income Fund shares are owned by institutional investors. Comparatively, 29.3% of BlackRock MuniYield New York Quality Fund shares are owned by institutional investors. 1.0% of BlackRock MuniYield New York Quality Fund shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Summary
BlackRock MuniYield New York Quality Fund beats Nuveen Massachusetts Quality Municipal Income Fund on 7 of the 8 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NMT 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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