Virtus Convertible &ome 2024 Target Term Fund (Virtus Convertible &ome 2024 Target Term Fund) Shares Outstanding (Diluted Average) : 19.55 Mil (As of Jan. 2023)
What is Virtus Convertible &ome 2024 Target Term Fund Shares Outstanding (Diluted Average)?
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Virtus Convertible &ome 2024 Target Term Fund's average diluted shares outstanding for the quarter that ended in Jan. 2023 was 19.55 Mil.
Virtus Convertible &ome 2024 Target Term Fund Shares Outstanding (Diluted Average) Historical Data
* 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 Shares Outstanding (Diluted Average) Chart
Virtus Convertible &ome 2024 Target Term Fund Annual Data
Trend
Feb19
Feb20
Feb21
Jan23
Jan24
Shares Outstanding (Diluted Average)
18.38
18.36
18.27
19.21
18.18
Virtus Convertible &ome 2024 Target Term Fund Semi-Annual Data
Virtus Convertible &ome 2024 Target Term Fund Shares Outstanding (Diluted Average) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.
Virtus Convertible &ome 2024 Target Term Fund (NYSE:CBH) Shares Outstanding (Diluted Average) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Be Aware
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Virtus Convertible &ome 2024 Target Term Fund Shares Outstanding (Diluted Average) Related Terms
Thank you for viewing the detailed overview of Virtus Convertible &ome 2024 Target Term Fund's Shares Outstanding (Diluted Average) 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
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CBH has been successfully added to your 