ZTR (Virtus Total Return Fund) Net Margin %: 96.72% (As of Nov. 2025) — Near Median


ZTR Virtus Total Return Fund Inc ZTR
26 GF Score
Price $6.73
! 9 Warning Signs
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What is Virtus Total Return Fund Net Margin %?

Virtus Total Return Fund ZTR 26 Net Margin % is 96.72% as of Nov. 2025, which is 1% above its 10-year median of 95.74. GuruFocus rates ZTR with a GF Score™ of 26/100. The stock has 9 warning signs investors should review. Among 1,580 Asset Management companies, Virtus Total Return Fund ranks better than 59.75% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Virtus Total Return Fund's Net Income for the six months ended in Nov. 2025 was $31.46 Mil. Virtus Total Return Fund's Revenue for the six months ended in Nov. 2025 was $32.53 Mil. Therefore, Virtus Total Return Fund's net margin for the quarter that ended in Nov. 2025 was 96.72%.

The historical rank and industry rank for Virtus Total Return Fund's Net Margin % or its related term are showing as below:

ZTR' s Net Margin % Range Over the Past 10 Years
Min: 72.94   Med: 95.74   Max: 159.18
Current: 94.63


ZTR's Net Margin % is ranked better than
59.75% of 1580 companies
in the Asset Management industry
Industry Median: 84.895 vs ZTR: 94.63

Virtus Total Return Fund  (NYSE:ZTR) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Virtus Total Return Fund Net Margin % Related Terms


Virtus Total Return Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for Virtus Total Return Fund's Net Margin % 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.

Virtus Total Return Fund Net Margin % Chart

Virtus Total Return Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Margin %
Get a 7-Day Free Trial Premium Member Only 92.12 159.18 108.98 97.00 94.63

Virtus Total Return Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.55 93.20 98.60 89.61 96.72

ZTR vs PPT, JOF, ASG: Net Margin % Comparison

For the Asset Management subindustry, Virtus Total Return Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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 Total Return Fund Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Total Return Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Virtus Total Return Fund's Net Margin % falls into.


ZTR
26GF Score
Virtus Total Return Fund Inc ZTR
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Virtus Total Return Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Virtus Total Return Fund's Net Margin for the fiscal year that ended in Nov. 2025 is calculated as

Net Margin=Net Income (A: Nov. 2025 )/Revenue (A: Nov. 2025 )
=43.614/46.091
=94.63 %

Virtus Total Return Fund's Net Margin for the quarter that ended in Nov. 2025 is calculated as

Net Margin=Net Income (Q: Nov. 2025 )/Revenue (Q: Nov. 2025 )
=31.459/32.527
=96.72 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 96.72% mean?
Virtus Total Return Fund (ZTR) has a Net Margin % of 96.72% as of Nov. 2025. Net margin is the ratio of total net income to net sales. View historical data on Virtus Total Return Fund and its competitors. This is near median its historical median of 95.74. Over the past decade, Virtus Total Return Fund's Net Margin % has ranged from 72.94 to 159.18. According to the industry distribution chart, Virtus Total Return Fund ranks #636 out of 1580 companies in the Asset Management industry, placing it in the top 40.3%.
Is Virtus Total Return Fund's Net Margin % too high?
Virtus Total Return Fund's current Net Margin % of 96.72% is near median its 10-year median of 95.74. Over the past 10 years, this metric has ranged from a low of 72.94 to a high of 159.18. The Asset Management industry median Net Margin % is 84.90. Virtus Total Return Fund's value of 96.72% is 13.9% above this industry median. Based on the distribution chart, Virtus Total Return Fund ranks #636 out of 1580 companies in the Asset Management industry, which is above the industry midpoint. Overall, Virtus Total Return Fund has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Virtus Total Return Fund's Net Margin % compare to PPT and JOF?
According to the Asset Management industry distribution chart, Virtus Total Return Fund ranks #636 out of 1580 companies for Net Margin %. This puts Virtus Total Return Fund in the upper half of its industry. The industry median Net Margin % is 84.90. Virtus Total Return Fund's value of 96.72% is 13.9% above this benchmark. Historically, Virtus Total Return Fund's own Net Margin % has ranged from 72.94 to 159.18 over the past decade. While the company's 10-year median is 95.74 vs. the industry median of 84.90, Virtus Total Return Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.90, based on 1,580 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Virtus Total Return Fund's current Net Margin % of 96.72% is 13.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Virtus Total Return Fund and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtus Total Return Fund's current Net Margin % is 96.72%, which is near median its own 10-year median of 95.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Total Return Fund stock overvalued right now?
Virtus Total Return Fund (ZTR) has a current Net Margin % of 96.72%. The current Net Margin % is 96.72%, which is near median its 10-year median of 95.74 and 13.9% above the Asset Management industry median of 84.90. Virtus Total Return Fund's overall GF Score™ is 26/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Virtus Total Return Fund (ZTR), the current Net Margin % is 96.72% as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Virtus Total Return Fund Business Description

Address 101 Munson Street, Greenfield, MA, USA, 01301-9683
Virtus Total Return Fund Inc is a closed-end, diversified management investment company. Its investment objective of capital appreciation, with current income as a secondary objective. The Fund seeks to meet its objectives through a balance of equity and fixed income investments.
26GF Score

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