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Western Asset Variable Rate Strategic Fd (Western Asset Variable Rate Strategic Fd) Market Cap : $76.05 Mil (As of May. 26, 2024)


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What is Western Asset Variable Rate Strategic Fd 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). Western Asset Variable Rate Strategic Fd's share price for the quarter that ended in Sep. 2020 was $16.4. Western Asset Variable Rate Strategic Fd's Shares Outstanding (EOP) for the quarter that ended in Sep. 2020 was 4.67 Mil. Therefore, Western Asset Variable Rate Strategic Fd's market cap for the quarter that ended in Sep. 2020 was $76.56 Mil.

Western Asset Variable Rate Strategic Fd's quarterly market cap declined from Sep. 2019 ($75.86 Mil) to Mar. 2020 ($64.47 Mil) but then increased from Mar. 2020 ($64.47 Mil) to Sep. 2020 ($76.56 Mil).

Western Asset Variable Rate Strategic Fd's annual market cap declined from Sep. 2018 ($76.75 Mil) to Sep. 2019 ($75.86 Mil) but then increased from Sep. 2019 ($75.86 Mil) to Sep. 2020 ($76.56 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. Western Asset Variable Rate Strategic Fd's Enterprise Value for Today is $76.05 Mil.

Western Asset Variable Rate Strategic Fd Market Cap Historical Data

The historical data trend for Western Asset Variable Rate Strategic Fd'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.

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Western Asset Variable Rate Strategic Fd Market Cap Chart

Western Asset Variable Rate Strategic Fd Annual Data
Trend Sep17 Sep18 Sep19 Sep20
Market Cap
80.11 76.75 75.86 76.56

Western Asset Variable Rate Strategic Fd Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
Market Cap Get a 7-Day Free Trial 76.75 74.32 75.86 64.47 76.56

Competitive Comparison of Western Asset Variable Rate Strategic Fd's Market Cap

For the Asset Management subindustry, Western Asset Variable Rate Strategic Fd'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.

Western Asset Variable Rate Strategic Fd's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Variable Rate Strategic Fd's Market Cap distribution charts can be found below:

* The bar in red indicates where Western Asset Variable Rate Strategic Fd's Market Cap falls into.


Western Asset Variable Rate Strategic Fd 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.

Western Asset Variable Rate Strategic Fd's Market Cap for the fiscal year that ended in Sep. 2020 is calculated as

Market Cap (A: Sep. 2020 )=Share Price (A: Sep. 2020 )*Shares Outstanding (EOP) (A: Sep. 2020 )
=$16.4*4.66841
=$76.56

Western Asset Variable Rate Strategic Fd's Market Cap for the quarter that ended in Sep. 2020 is calculated as

Market Cap (Q: Sep. 2020 )=Share Price (Q: Sep. 2020 )*Shares Outstanding (EOP) (Q: Sep. 2020 )
=$16.4*4.66841
=$76.56

* 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.

Western Asset Variable Rate Strategic Fd  (NYSE:GFY) 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.

Western Asset Variable Rate Strategic Fd Market Cap Related Terms

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Western Asset Variable Rate Strategic Fd (Western Asset Variable Rate Strategic Fd) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset Variable Rate Strategic Fd Inc. (NYSE:GFY) » Definitions » Market Cap
Comparable Companies
LSE:MIX OSTO:NAXS LSE:KAY TSX:LFE MUS:AAIT LSE:TMT XMCE:REA BOM:521194 WAR:GKI LSE:ASCI TSX:FFN LSE:ACD XKRX:214680 LSE:AAVC TSX:FFI.UN XTER:B7E LSE:HHV LSE:ATI OCSE:RLAINV LSE:FTF
Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 49th Floor, New York, NY, USA, 10018
Website
https://www.leggmason.com
Western Asset Variable Rate Strategic Fd Inc. is a non-diversified, closed-end management investment company. Its investment objective is to maintain a high level of current income by investing in variable rate instruments of U.S. and non-U.S. issuers. The fund invests in various sectors such as energy, materials and healthcare and others.
Executives
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Relative Value Partners Group, Llc other: QUALIFIED INSTITUTION MANAGER 1033 SKOKIE BLVD., SUITE 470, NORTHBROOK IL 60062
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202
Todd F Kuehl officer: Chief Compliance Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Kenneth Fuller director, officer: CEO, Pres. & Chairman, other: CEO & Pres. Of Manager 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Thomas C Merchant other: Director of Subadviser LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202