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Virtus Convertible &ome Fund II (Virtus Convertible &ome Fund II) Pretax Margin % : 80.51% (As of Jan. 2023)


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What is Virtus Convertible &ome Fund II Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Virtus Convertible &ome Fund II's Pre-Tax Income for the six months ended in Jan. 2023 was $2.22 Mil. Virtus Convertible &ome Fund II's Revenue for the six months ended in Jan. 2023 was $2.76 Mil. Therefore, Virtus Convertible &ome Fund II's pretax margin for the quarter that ended in Jan. 2023 was 80.51%.

The historical rank and industry rank for Virtus Convertible &ome Fund II's Pretax Margin % or its related term are showing as below:

NCZ' s Pretax Margin % Range Over the Past 10 Years
Min: 95.16   Med: 98.56   Max: 124.79
Current: 101.46


NCZ's Pretax Margin % is ranked better than
82.13% of 1668 companies
in the Asset Management industry
Industry Median: 89.59 vs NCZ: 101.46

Virtus Convertible &ome Fund II Pretax Margin % Historical Data

The historical data trend for Virtus Convertible &ome Fund II's Pretax 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 Convertible &ome Fund II Pretax Margin % Chart

Virtus Convertible &ome Fund II Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Jan23 Jan24
Pretax Margin %
Get a 7-Day Free Trial 124.79 97.73 99.35 101.46 95.16

Virtus Convertible &ome Fund II Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Jul22 Jan23 Jan24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.56 97.23 100.55 80.51 -

Competitive Comparison of Virtus Convertible &ome Fund II's Pretax Margin %

For the Asset Management subindustry, Virtus Convertible &ome Fund II's Pretax Margin %, along with its competitors' market caps and Pretax 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 Convertible &ome Fund II's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Convertible &ome Fund II's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Virtus Convertible &ome Fund II's Pretax Margin % falls into.



Virtus Convertible &ome Fund II Pretax Margin % Calculation

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

Virtus Convertible &ome Fund II's Pretax Margin for the fiscal year that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jan. 2024 )/Revenue (A: Jan. 2024 )
=7.385/7.761
=95.16 %

Virtus Convertible &ome Fund II's Pretax Margin for the quarter that ended in Jan. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2023 )/Revenue (Q: Jan. 2023 )
=2.218/2.755
=80.51 %

* 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 Fund II  (NYSE:NCZ) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Virtus Convertible &ome Fund II Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Virtus Convertible &ome Fund II's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtus Convertible &ome Fund II (Virtus Convertible &ome Fund II) Business Description

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301
Virtus Convertible & Income Fund II is a diversified, closed-end management investment company. Its investment objective is to provide total return through a combination of capital appreciation and high current income. Its portfolio of investments includes different sector investments such as in healthcare services, media, oil, gas and consumable fuels and others.
Executives
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
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
Michael Yee officer: Portfolio Manager C/O ALLIANZ EQUITY ADVISORS, 1345 AVE OF THE AMERICAS, NEW YORK NY 10105
David J. Oberto officer: Portfolio Manager 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

Virtus Convertible &ome Fund II (Virtus Convertible &ome Fund II) Headlines