Reviewing Nuveen Arizona Quality Municipal Income Fund (NAZ)’s and TCG BDC Inc. (NASDAQ:CGBD)’s results

As Asset Management businesses, Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) and TCG BDC Inc. (NASDAQ:CGBD), are affected by compare. This especially applies to their risk, analyst recommendations, profitability, dividends, earnings and valuation, institutional ownership.

Earnings and Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nuveen Arizona Quality Municipal Income Fund 10.33M 14.61 6.53M -0.02 0.00
TCG BDC Inc. 215.23M 4.28 51.75M 0.63 23.81

Table 1 demonstrates Nuveen Arizona Quality Municipal Income Fund and TCG BDC Inc.’s top-line revenue, earnings per share and valuation.

Profitability

Table 2 shows Nuveen Arizona Quality Municipal Income Fund and TCG BDC Inc.’s net margins, return on assets and return on equity.

Net Margins Return on Equity Return on Assets
Nuveen Arizona Quality Municipal Income Fund 63.21% 0% 0%
TCG BDC Inc. 24.04% 3.5% 1.9%

Dividends

Nuveen Arizona Quality Municipal Income Fund pays out an annual dividend of $0.58 per share while its dividend yield is 4.52%. TCG BDC Inc. has an annual dividend pay of $1.48 per share while its annual dividend yield is 9.78%.

Insider and Institutional Ownership

Roughly 11.46% of Nuveen Arizona Quality Municipal Income Fund shares are owned by institutional investors while 27.7% of TCG BDC Inc. are owned by institutional investors. Competitively, TCG BDC Inc. has 0.1% of it’s share owned by insiders.

Performance

Here are 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)
Nuveen Arizona Quality Municipal Income Fund -0.32% 1.22% 5.88% -0.88% -10.2% 4.72%
TCG BDC Inc. -1.13% -0.4% -2.53% -11.34% -11.76% 20%

For the past year Nuveen Arizona Quality Municipal Income Fund was less bullish than TCG BDC Inc.

Summary

On 9 of the 12 factors TCG BDC Inc. beats Nuveen Arizona Quality Municipal Income Fund.

Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's (S&P) Arizona Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen Arizona Premium Income Municipal Fund. Nuveen Arizona Quality Municipal Income Fund was formed on November 19, 1992 and is domiciled in the United States.

TCG BDC, Inc. is a non-diversified closed-end investment company. The fund operates as a business development company. The company provides debt investments in the U.S. middle market companies. It also invests in first lien and second lien senior secured loans; middle market junior loans, such as corporate mezzanine loans, equity co-investments, syndicated first lien and second lien senior secured loans, high-yield bonds, structured finance obligations, and other opportunistic investments. The company was founded in 2012 and is headquartered in New York, New York.

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