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Virtus Dividend, Interest & Premium Strategy Fund (Virtus Dividend, Interest & Premium Strategy Fund) Net Margin % : 97.56% (As of Jan. 2023)


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What is Virtus Dividend, Interest & Premium Strategy Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Virtus Dividend, Interest & Premium Strategy Fund's Net Income for the six months ended in Jan. 2023 was $17.49 Mil. Virtus Dividend, Interest & Premium Strategy Fund's Revenue for the six months ended in Jan. 2023 was $17.93 Mil. Therefore, Virtus Dividend, Interest & Premium Strategy Fund's net margin for the quarter that ended in Jan. 2023 was 97.56%.

The historical rank and industry rank for Virtus Dividend, Interest & Premium Strategy Fund's Net Margin % or its related term are showing as below:

NFJ' s Net Margin % Range Over the Past 10 Years
Min: 99.07   Med: 99.5   Max: 100.84
Current: 100.84


NFJ's Net Margin % is ranked better than
81.61% of 1669 companies
in the Asset Management industry
Industry Median: 86.05 vs NFJ: 100.84

Virtus Dividend, Interest & Premium Strategy Fund Net Margin % Historical Data

The historical data trend for Virtus Dividend, Interest & Premium Strategy 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.

* Premium members only.

Virtus Dividend, Interest & Premium Strategy Fund Net Margin % Chart

Virtus Dividend, Interest & Premium Strategy Fund Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Margin %
Get a 7-Day Free Trial 99.55 99.50 99.45 100.84 99.07

Virtus Dividend, Interest & Premium Strategy Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.77 103.93 100.37 97.56 -

Competitive Comparison of Virtus Dividend, Interest & Premium Strategy Fund's Net Margin %

For the Asset Management subindustry, Virtus Dividend, Interest & Premium Strategy 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 Dividend, Interest & Premium Strategy Fund's Net Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Virtus Dividend, Interest & Premium Strategy Fund's Net Margin % falls into.



Virtus Dividend, Interest & Premium Strategy 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 Dividend, Interest & Premium Strategy Fund's Net Margin for the fiscal year that ended in Jan. 2024 is calculated as

Net Margin=Net Income (A: Jan. 2024 )/Revenue (A: Jan. 2024 )
=95.486/96.386
=99.07 %

Virtus Dividend, Interest & Premium Strategy Fund's Net Margin for the quarter that ended in Jan. 2023 is calculated as

Net Margin=Net Income (Q: Jan. 2023 )/Revenue (Q: Jan. 2023 )
=17.489/17.927
=97.56 %

* 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.


Virtus Dividend, Interest & Premium Strategy Fund  (NYSE:NFJ) 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 Dividend, Interest & Premium Strategy Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Virtus Dividend, Interest & Premium Strategy Fund's Net Margin % 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

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
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

Virtus Dividend, Interest & Premium Strategy Fund (Virtus Dividend, Interest & Premium Strategy Fund) Headlines

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