Reviewing BlackRock New York Municipal Income Trust II (BFY)’s and Eaton Vance Michigan Municipal Income Trust (NYSEAMERICAN:EMI)’s results

We are comparing BlackRock New York Municipal Income Trust II (NYSE:BFY) and Eaton Vance Michigan Municipal Income Trust (NYSEAMERICAN:EMI) on their risk, analyst recommendations, profitability, institutional ownership, dividends, earnings and valuation. They both are Asset Management companies, competing one another.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
BlackRock New York Municipal Income Trust II 5.16M 12.69 N/A -0.08 0.00
Eaton Vance Michigan Municipal Income Trust N/A 0.00 N/A 0.04 318.25

Table 1 shows the gross revenue, earnings per share and valuation for BlackRock New York Municipal Income Trust II and Eaton Vance Michigan Municipal Income Trust.

Profitability

Table 2 hightlights the return on assets, return on equity and net margins of the two companies.

Net Margins Return on Equity Return on Assets
BlackRock New York Municipal Income Trust II 0.00% 0% 0%
Eaton Vance Michigan Municipal Income Trust 0.00% 0% 0%

Dividends

BlackRock New York Municipal Income Trust II shareholders receive an annual dividend of $0.66 per share which is subject to 5.05% dividend yield. On the other side, $0.47 per share with a dividend yield of 3.79% for Eaton Vance Michigan Municipal Income Trust.

Insider and Institutional Ownership

BlackRock New York Municipal Income Trust II and Eaton Vance Michigan Municipal Income Trust has shares owned by institutional investors as follows: 19.78% and 23.5%. BlackRock New York Municipal Income Trust II’s share owned by insiders are 0.02%.

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)
BlackRock New York Municipal Income Trust II 1.2% 2.89% -1.71% -2.69% -15.55% -14.55%
Eaton Vance Michigan Municipal Income Trust 4.52% 6.11% -1.4% 0.32% -2.08% -0.78%

For the past year BlackRock New York Municipal Income Trust II was more bearish than Eaton Vance Michigan Municipal Income Trust.

Summary

BlackRock New York Municipal Income Trust II beats on 4 of the 7 factors Eaton Vance Michigan Municipal Income Trust.