CEV vs. RCS, NCA, PMM, MMT, BKT, FUND, MVT, MQT, TSI, and VTN
Should you be buying Eaton Vance California Municipal Income Trust stock or one of its competitors? The main competitors of Eaton Vance California Municipal Income Trust include PIMCO Strategic Income Fund (RCS), Nuveen California Municipal Value Fund (NCA), Putnam Managed Municipal Income Trust (PMM), MFS Multimarket Income Trust (MMT), BlackRock Income Trust (BKT), Sprott Focus Trust (FUND), BlackRock MuniVest Fund II (MVT), BlackRock MuniYield Quality Fund II (MQT), TCW Strategic Income Fund (TSI), and Invesco Trust for Investment Grade New York Municipals (VTN). These companies are all part of the "investment offices, not elsewhere classified" industry.
PIMCO Strategic Income Fund (NYSE:RCS) and Eaton Vance California Municipal Income Trust (NYSE:CEV) are both small-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, media sentiment, community ranking, profitability, earnings, dividends and risk.
PIMCO Strategic Income Fund has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500. Comparatively, Eaton Vance California Municipal Income Trust has a beta of 0.34, indicating that its stock price is 66% less volatile than the S&P 500.
PIMCO Strategic Income Fund received 142 more outperform votes than Eaton Vance California Municipal Income Trust when rated by MarketBeat users.
PIMCO Strategic Income Fund pays an annual dividend of $0.61 per share and has a dividend yield of 10.0%. Eaton Vance California Municipal Income Trust pays an annual dividend of $0.46 per share and has a dividend yield of 4.4%. PIMCO Strategic Income Fund has raised its dividend for 1 consecutive years and Eaton Vance California Municipal Income Trust has raised its dividend for 1 consecutive years.
13.5% of PIMCO Strategic Income Fund shares are held by institutional investors. Comparatively, 35.9% of Eaton Vance California Municipal Income Trust shares are held by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
In the previous week, Eaton Vance California Municipal Income Trust's average media sentiment score of 0.00 equaled PIMCO Strategic Income Fund'saverage media sentiment score.
Summary
PIMCO Strategic Income Fund beats Eaton Vance California Municipal Income Trust on 3 of the 4 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CEV 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.
Eaton Vance California Municipal Income Trust Competitors List
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