Comparing Horizon Technology Finance (NASDAQ:HRZN) and Nuveen Municipal Income Fund (NYSE:NMI)

Nuveen Municipal Income Fund (NYSE:NMI – Get Free Report) and Horizon Technology Finance (NASDAQ:HRZN – Get Free Report) are both small-cap finance companies, but which is the superior business? We’ll compare the two businesses based on dividend strength, earnings, analyst recommendations, institutional ownership, risk, profitability and valuation.

Institutional and insider ownership

16.6% of Nuveen Municipal Income Fund shares are owned by institutional investors. Comparatively, 4.9% of Horizon Technology Finance shares are held by institutional investors. 1.0% of Nuveen Municipal Income Fund shares are owned by insiders. Comparatively, 1.4% of Horizon Technology Finance shares are held by insiders. Strong institutional ownership is an indication that endowments, big money managers and hedge funds believe a company is poised for long-term growth.

return

This table compares the net margins, return on equity and return on assets of Nuveen Municipal Income Fund and Horizon Technology Finance.

Rating and Earnings

This table compares the revenue, earnings per share (EPS) and valuation of Nuveen Municipal Income Fund and Horizon Technology Finance.

Nuveen Municipal Income Fund has higher revenue and earnings than Horizon Technology Finance.

dividends

Nuveen Municipal Income Fund pays an annual dividend of $0.42 per share and has a dividend yield of 4.2%. Horizon Technology Finance pays an annual dividend of $1.32 per share and has a dividend yield of 12.4%. Horizon Technology Finance pays out -314.3% of earnings as a dividend.

Volatility and risk

Nuveen Municipal Income Fund has a beta of 0.24, indicating that its share price is 76% less volatile than the S&P 500. Comparatively, Horizon Technology Finance has a beta of 1.23, indicating that that its stock price is 23% more volatile than the S&P 500. .

Analyst recommendations

This is a summary of recent ratings and price targets for Nuveen Municipal Income Fund and Horizon Technology Finance, as reported by MarketBeat.

Horizon Technology Finance has a consensus price target of $9.70, indicating a potential downside of 9.18%. Given Horizon Technology Finance’s higher possible upside, analysts plainly believe Horizon Technology Finance is more favorable than Nuveen Municipal Income Fund.

Summary

Horizon Technology Finance outperforms Nuveen Municipal Income Fund on 7 of the 11 factors compared between the two stocks.

About Nuveen Municipal Income Fund

(Get a free report)

Nuveen Municipal Income Fund, Inc. is a closed-end fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Invest in US fixed income markets. The Fund invests primarily in municipal bonds issued by state and local government authorities. Its investment portfolio comprises investments in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen Municipal Income Fund was incorporated on April 20, 1988 and is headquartered in the United States.

About Horizon Technology Finance

(Get a free report)

Horizon Technology Finance Corporation is a business development company specializing in loans and investments in early stage investments. It focuses on making secured debt and venture loan investments to venture capital-backed companies in the technology, life sciences, healthcare information and services, cleantech and sustainability industries. It is looking to invest in companies in the United States.

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