Virtus Dividend, Interest & Premium Strategy Fund (Virtus Dividend, Interest & Premium Strategy Fund) Equity-to-Asset : 1.00 (As of Jan. 2023)

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What is Virtus Dividend, Interest & Premium Strategy Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Virtus Dividend, Interest & Premium Strategy Fund's Total Stockholders Equity for the quarter that ended in Jan. 2023 was $1,345.31 Mil. Virtus Dividend, Interest & Premium Strategy Fund's Total Assets for the quarter that ended in Jan. 2023 was $1,351.64 Mil. Therefore, Virtus Dividend, Interest & Premium Strategy Fund's Equity to Asset Ratio for the quarter that ended in Jan. 2023 was 1.00.

The historical rank and industry rank for Virtus Dividend, Interest & Premium Strategy Fund's Equity-to-Asset or its related term are showing as below:

NFJ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.98 Med: 0.99 Max: 1
Current: 1

During the past 7 years, the highest Equity to Asset Ratio of Virtus Dividend, Interest & Premium Strategy Fund was 1.00. The lowest was 0.98. And the median was 0.99.

NFJ's Equity-to-Asset is ranked better than
99.83% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs NFJ: 1.00

Virtus Dividend, Interest & Premium Strategy Fund Equity-to-Asset Historical Data

The historical data trend for Virtus Dividend, Interest & Premium Strategy Fund's Equity-to-Asset 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 Dividend, Interest & Premium Strategy Fund Equity-to-Asset Chart

Virtus Dividend, Interest & Premium Strategy Fund Annual Data

Trend

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Equity-to-Asset

Get a 7-Day Free Trial

0.98

1.00

0.98

1.00

Virtus Dividend, Interest & Premium Strategy Fund Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial								1.00	0.98	1.00	1.00	1.00

Competitive Comparison of Virtus Dividend, Interest & Premium Strategy Fund's Equity-to-Asset

For the Asset Management subindustry, Virtus Dividend, Interest & Premium Strategy Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Dividend, Interest & Premium Strategy Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Dividend, Interest & Premium Strategy Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Virtus Dividend, Interest & Premium Strategy Fund's Equity-to-Asset falls into.

Virtus Dividend, Interest & Premium Strategy Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Virtus Dividend, Interest & Premium Strategy Fund's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	1347.891	/	1353.987
	=	1.00

Virtus Dividend, Interest & Premium Strategy Fund's Equity to Asset Ratio for the quarter that ended in Jan. 2023 is calculated as

Equity to Asset (Q: Jan. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1345.311	/	1351.638
	=	1.00

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Virtus Dividend, Interest & Premium Strategy Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Virtus Dividend, Interest & Premium Strategy Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Virtus Dividend, Interest & Premium Strategy Fund (Virtus Dividend, Interest & Premium Strategy Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301

Website

https://www.virtus.com

Virtus Dividend, Interest & Premium Strategy Fund is a Massachusetts-based business trust. Its primary investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. The fund pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities.

Executives

Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Geraldine M Mcnamara	director	150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
R Keith Walton	director	100 PEARL STREET, 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
Brian T Zino	director	100 PARK AVENUE, NEW YORK NY 10017
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
George R Aylward	director, officer: President and CEO	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
James S Macleod	director	250 E KILBOURN AVE, MILWAUKEE WI 53202
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
Francis G Waltman	officer: EVP	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103