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Virtus Convertible &ome 2024 Target Term Fund (Virtus Convertible &ome 2024 Target Term Fund) Market Cap : $163.09 Mil (As of Apr. 28, 2024)


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What is Virtus Convertible &ome 2024 Target Term Fund Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Virtus Convertible &ome 2024 Target Term Fund's share price for the quarter that ended in Jan. 2023 was $9. Virtus Convertible &ome 2024 Target Term Fund's Shares Outstanding (EOP) for the quarter that ended in Jan. 2023 was 18.26 Mil. Therefore, Virtus Convertible &ome 2024 Target Term Fund's market cap for the quarter that ended in Jan. 2023 was $164.37 Mil.

Virtus Convertible &ome 2024 Target Term Fund's quarterly market cap declined from Aug. 2021 ($188.61 Mil) to Jul. 2022 ($162.73 Mil) but then increased from Jul. 2022 ($162.73 Mil) to Jan. 2023 ($164.37 Mil).

Virtus Convertible &ome 2024 Target Term Fund's annual market cap declined from Feb. 2021 ($183.32 Mil) to Jan. 2023 ($164.37 Mil) and declined from Jan. 2023 ($164.37 Mil) to Jan. 2024 ($160.54 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Virtus Convertible &ome 2024 Target Term Fund's Enterprise Value for Today is $174.52 Mil.


Virtus Convertible &ome 2024 Target Term Fund Market Cap Historical Data

The historical data trend for Virtus Convertible &ome 2024 Target Term Fund's Market Cap 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 Market Cap Chart

Virtus Convertible &ome 2024 Target Term Fund Annual Data
Trend Feb19 Feb20 Feb21 Jan23 Jan24
Market Cap
164.31 166.87 183.32 164.37 160.54

Virtus Convertible &ome 2024 Target Term Fund Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Jul22 Jan23 Jan24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 183.32 188.61 162.73 164.37 160.54

Competitive Comparison of Virtus Convertible &ome 2024 Target Term Fund's Market Cap

For the Asset Management subindustry, Virtus Convertible &ome 2024 Target Term Fund's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Asset Management Industry

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

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



Virtus Convertible &ome 2024 Target Term Fund Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Jan. 2024 )=Share Price (A: Jan. 2024 )*Shares Outstanding (EOP) (A: Jan. 2024 )
=$8.79*18.2636
=$160.54

Virtus Convertible &ome 2024 Target Term Fund's Market Cap for the quarter that ended in Jan. 2023 is calculated as

Market Cap (Q: Jan. 2023 )=Share Price (Q: Jan. 2023 )*Shares Outstanding (EOP) (Q: Jan. 2023 )
=$9*18.2636
=$164.37

* 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 Convertible &ome 2024 Target Term Fund  (NYSE:CBH) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Virtus Convertible &ome 2024 Target Term Fund Market Cap Related Terms

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

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301
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