Contrasting of First Trust Energy Income and Growth Fund (FEN) and Nuveen Ohio Quality Municipal Income Fund (NYSE:NUO)

Both First Trust Energy Income and Growth Fund (NYSE:FEN) and Nuveen Ohio Quality Municipal Income Fund (NYSE:NUO) are Asset Management companies, competing one another. We will contrast their institutional ownership, profitability, risk, dividends, analyst recommendations, earnings and valuation.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
First Trust Energy Income and Growth Fund 21 0.00 N/A 0.86 25.28
Nuveen Ohio Quality Municipal Income Fund 16 0.00 N/A 0.70 22.06

Table 1 showcases the top-line revenue, earnings per share (EPS) and valuation of First Trust Energy Income and Growth Fund and Nuveen Ohio Quality Municipal Income Fund. Nuveen Ohio Quality Municipal Income Fund seems to has lower revenue and earnings compared to First Trust Energy Income and Growth Fund. Business that presently has a higher P/E ratio means that it is the more expensive of the two businesses. First Trust Energy Income and Growth Fund’s shares have been trading at higher P/E ratio which means it is presently more expensive than Nuveen Ohio Quality Municipal Income Fund.

Profitability

Table 2 shows the return on assets, return on equity and net margins of the two firms.

Net Margins Return on Equity Return on Assets
First Trust Energy Income and Growth Fund 0.00% 0% 0%
Nuveen Ohio Quality Municipal Income Fund 0.00% 0% 0%

Insider & Institutional Ownership

Institutional investors held 33.45% of First Trust Energy Income and Growth Fund shares and 24.55% of Nuveen Ohio Quality Municipal Income Fund shares. First Trust Energy Income and Growth Fund’s share held by insiders are 10.09%. Competitively, Nuveen Ohio Quality Municipal Income Fund has 0.17% of it’s share held by insiders.

Performance

In this table we show the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
First Trust Energy Income and Growth Fund -1.89% -2.98% -1.8% 4.35% -4.21% 16.56%
Nuveen Ohio Quality Municipal Income Fund 2.94% 3.36% 5.26% 10.32% 11.1% 15.88%

For the past year First Trust Energy Income and Growth Fund’s stock price has bigger growth than Nuveen Ohio Quality Municipal Income Fund.

Summary

First Trust Energy Income and Growth Fund beats Nuveen Ohio Quality Municipal Income Fund on 7 of the 6 factors.

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