First Trust Energy Income and Growth Fund (NYSEAMERICAN:FEN) and Eaton Vance Michigan Municipal Income Trust (NYSEAMERICAN:EMI) are two firms in the Asset Management that compete against each other. Below is a comparison of their profitability, analyst recommendations, risk, dividends, earnings and valuation, institutional ownership.

Valuation & Earnings

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
First Trust Energy Income and Growth Fund	10.87M	36.87	17.25M	0.22	88.30
Eaton Vance Michigan Municipal Income Trust	N/A	0.00	N/A	0.04	318.25

In table 1 we can see First Trust Energy Income and Growth Fund and Eaton Vance Michigan Municipal Income Trust’s top-line revenue, earnings per share (EPS) and valuation. The company with the lower price-to-earnings out of the two companies is considered for more affordable of the two firms currently. First Trust Energy Income and Growth Fund’s current price-to-earnings ratio is lower than that of Eaton Vance Michigan Municipal Income Trust, which means that it is the affordable of the two.

Profitability

Table 2 has First Trust Energy Income and Growth Fund and Eaton Vance Michigan Municipal Income Trust’s return on equity, net margins and return on assets.

	Net Margins	Return on Equity	Return on Assets
First Trust Energy Income and Growth Fund	158.69%	0%	0%
Eaton Vance Michigan Municipal Income Trust	0.00%	0%	0%

Dividends

The annual dividend that First Trust Energy Income and Growth Fund pay is $2.32 per share with a dividend yield of 11.39%. Meanwhile, Eaton Vance Michigan Municipal Income Trust’s annual dividend is $0.47 per share and it also boasts of a 3.79% dividend yield.

Institutional and Insider Ownership

Roughly 41.23% of First Trust Energy Income and Growth Fund shares are held by institutional investors while 23.5% of Eaton Vance Michigan Municipal Income Trust are owned by institutional investors. First Trust Energy Income and Growth Fund’s share held by insiders are 8.94%.

Performance

In this table we provide 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	-1.4%	-1.84%	-11.82%	-15.13%	-12.88%	-25.73%
Eaton Vance Michigan Municipal Income Trust	4.52%	6.11%	-1.4%	0.32%	-2.08%	-0.78%

For the past year First Trust Energy Income and Growth Fund’s stock price has bigger decline than Eaton Vance Michigan Municipal Income Trust.

Summary

First Trust Energy Income and Growth Fund beats on 7 of the 10 factors Eaton Vance Michigan Municipal Income Trust.