Virtus Convertible &ome 2024 Target Term Fund (Virtus Convertible &ome 2024 Target Term Fund) FCF Yield % : 7.21 (As of Apr. 28, 2024)

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What is Virtus Convertible &ome 2024 Target Term Fund FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Virtus Convertible &ome 2024 Target Term Fund's Trailing 12-Month Free Cash Flow is $11.76 Mil, and Market Cap is $163.09 Mil. Therefore, Virtus Convertible &ome 2024 Target Term Fund's FCF Yield % for today is 7.21%.

The historical rank and industry rank for Virtus Convertible &ome 2024 Target Term Fund's FCF Yield % or its related term are showing as below:

CBH' s FCF Yield % Range Over the Past 10 Years
Min: 5.08 Med: 6.08 Max: 43.57
Current: 7.21

During the past 5 years, the highest FCF Yield % of Virtus Convertible &ome 2024 Target Term Fund was 43.57%. The lowest was 5.08%. And the median was 6.08%.

CBH's FCF Yield % is ranked better than
66.25% of 1597 companies
in the Asset Management industry
Industry Median: 3.12 vs CBH: 7.21

Virtus Convertible &ome 2024 Target Term Fund's FCF Margin % for the quarter that ended in Jan. 2023 was 83.85%.

Virtus Convertible &ome 2024 Target Term Fund FCF Yield % Historical Data

The historical data trend for Virtus Convertible &ome 2024 Target Term Fund's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Virtus Convertible &ome 2024 Target Term Fund FCF Yield % Chart

Virtus Convertible &ome 2024 Target Term Fund Annual Data

Trend

Feb19

Feb20

Feb21

Jan23

Jan24

FCF Yield %

6.21

6.02

5.52

7.16

43.02

Virtus Convertible &ome 2024 Target Term Fund Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Jul22	Jan23	Jan24
FCF Yield %	Get a 7-Day Free Trial						5.60	5.29	6.18	8.19	-

Competitive Comparison of Virtus Convertible &ome 2024 Target Term Fund's FCF Yield %

For the Asset Management subindustry, Virtus Convertible &ome 2024 Target Term Fund's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Virtus Convertible &ome 2024 Target Term Fund's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Convertible &ome 2024 Target Term Fund's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Virtus Convertible &ome 2024 Target Term Fund's FCF Yield % falls into.

Virtus Convertible &ome 2024 Target Term Fund FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Virtus Convertible &ome 2024 Target Term Fund's FCF Yield % for the fiscal year that ended in Jan. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	69.068	/	160.537044
	=	43.02%

Virtus Convertible &ome 2024 Target Term Fund's annualized FCF Yield % for the quarter that ended in Jan. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	6.731	*	2	/	164.3724
	=	8.19%

Virtus Convertible &ome 2024 Target Term Fund FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Virtus Convertible &ome 2024 Target Term Fund FCF Yield % Related Terms

Thank you for viewing the detailed overview of Virtus Convertible &ome 2024 Target Term Fund's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Virtus Convertible &ome 2024 Target Term Fund (Virtus Convertible &ome 2024 Target Term Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBH) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301

Website

https://us.allianzgi.com

AllianzGI Convertible & Income 2024 Target Term Fund is a diversified, closed-end management investment company. The fund's investment objectives are to provide a high level of income and to returns. The group invests in various sectors such as Aerospace and Defense, Healthcare-Services, Machinery-Construction and Mining, Pharmaceuticals, Transportation, Textiles, Apparel and Luxury Goods, Diversified Financial Services, Auto Components and others.

Executives

R Keith Walton	director	100 PEARL STREET, HARTFORD CT 06103
Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Christine Hurtsellers	other: CEO - Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa	other: CIO-Subadviser to the issuer	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Paul Zemsky	other: CIO-Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
Voya Investment Management Co	other: Subadviser to the issuer	10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Philip R Mcloughlin	director	800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Brian T Zino	director	100 PARK AVENUE, NEW YORK NY 10017
Richard W Smirl	officer: EVP	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
F Ford Drummond	director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Alan Rappaport	director	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Bradley William Patrick Iii	officer: EVP, CFO and Treasurer	C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
George R Aylward	director, officer: President and CEO	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Francis G Waltman	officer: EVP	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Justin Kass	other: Portfolio Manager	1345 AVE OF THE AMERICAS, NEW YORK NY 10105