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

: 0.98 (As of Jan. 2022)
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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. 2022 was $1,548.4 Mil. Virtus Dividend, Interest & Premium Strategy Fund's Total Assets for the quarter that ended in Jan. 2022 was $1,582.1 Mil. Therefore, Virtus Dividend, Interest & Premium Strategy Fund's Equity to Asset Ratio for the quarter that ended in Jan. 2022 was 0.98.

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: 0.98

During the past 5 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
82.65% of 1718 companies
in the Asset Management industry
Industry Median: 0.83 vs NFJ: 0.98

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 Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22
Equity-to-Asset
0.99 0.99 0.98 1.00 0.98

Virtus Dividend, Interest & Premium Strategy Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.96 1.00 1.00 0.98

Competitive Comparison

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 Equity-to-Asset Distribution

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. 2022 is calculated as

Equity to Asset (A: Jan. 2022 )=Total Stockholders Equity/Total Assets
=1548.372/1582.146
=0.98

Virtus Dividend, Interest & Premium Strategy Fund's Equity to Asset Ratio for the quarter that ended in Jan. 2022 is calculated as

Equity to Asset (Q: Jan. 2022 )=Total Stockholders Equity/Total Assets
=1548.372/1582.146
=0.98

* 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.


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 Business Description

Virtus Dividend, Interest & Premium Strategy Fund logo
Industry
Financial Services » Asset Management NAICS : 523991 SIC : 6733
Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301
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
Mowrey John R. other: Portfolio Manager 1633 BROADWAY NEW YORK NY 10019
Oliver Thomas W Jr other: Affiliated Person 2121 SAN JACINTO DRIVE DALLAS TX 75201
Pushpaharan Gem other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Viggiano John other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Cogan Sarah E director 1633 BROADWAY NEW YORK NY 10019
Macleod James S director 250 E KILBOURN AVE MILWAUKEE WI 53202
Parker Jeffrey D other: See Remarks 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105
Holt Erick director 1633 BROADWAY NEW YORK NY 10019
Ruckman Craig officer: Assistant Secretary 1633 BROADWAY NEW YORK NY 10019
Rappaport Alan director C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Magnuson Paul A other: Portfolio Manager 2121 SAN JACINTO, SUITE 1840 DALLAS TX 75201
Mildner Heiko other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Thompson Kathleen C. other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Fischer Ben J other: Portfolio Manager 1633 BROADWAY NEW YORK NY 10019
Grau William other: SEE REMARKS C/O ALLIANZ GLOBAL INVESTORS U.S. LLC 1633 BROADWAY NEW YORK NY 10019

Virtus Dividend, Interest & Premium Strategy Fund Headlines

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