NFJ's Return-on-Tangible-Equity is ranked better than 62.7% of 1587
companies
in the Asset Management industry
Industry Median: 7.18
vs NFJ: 10.99
Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Virtus Dividend, Interest & Premium Strategy Fund Return-on-Tangible-Equity Related Terms
Virtus Dividend, Interest & Premium Strategy Fund Return-on-Tangible-Equity Historical Data
* 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 Return-on-Tangible-Equity Chart
Virtus Dividend, Interest & Premium Strategy Fund Annual Data
NFJ vs QQQX, HYT, CSWC: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Virtus Dividend, Interest & Premium Strategy Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Asset Management Industry
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 19.44% mean?
Virtus Dividend, Interest & Premium Strategy Fund (NFJ) has a Return-on-Tangible-Equity of 19.44% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Virtus Dividend, Interest & Premium Strategy Fund and its competitors. This is 79% above median its historical median of 10.85. According to the industry distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #592 out of 1587 companies in the Asset Management industry, placing it in the top 37.3%.
Is Virtus Dividend, Interest & Premium Strategy Fund's Return-on-Tangible-Equity too high?
Virtus Dividend, Interest & Premium Strategy Fund's current Return-on-Tangible-Equity of 19.44% is 79% above median its 10-year median of 10.85. The Asset Management industry median Return-on-Tangible-Equity is 7.18. Virtus Dividend, Interest & Premium Strategy Fund's value of 19.44% is 170.8% above this industry median. Based on the distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #592 out of 1587 companies in the Asset Management industry, which is above the industry midpoint. Overall, Virtus Dividend, Interest & Premium Strategy Fund has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtus Dividend, Interest & Premium Strategy Fund's Return-on-Tangible-Equity compare to QQQX and HYT?
According to the Asset Management industry distribution chart, Virtus Dividend, Interest & Premium Strategy Fund ranks #592 out of 1587 companies for Return-on-Tangible-Equity. This puts Virtus Dividend, Interest & Premium Strategy Fund in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.18. Virtus Dividend, Interest & Premium Strategy Fund's value of 19.44% is 170.8% above this benchmark. While the company's 10-year median is 10.85 vs. the industry median of 7.18, Virtus Dividend, Interest & Premium Strategy 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 Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.18, based on 1,587 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Virtus Dividend, Interest & Premium Strategy Fund's current Return-on-Tangible-Equity of 19.44% is 170.8% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Virtus Dividend, Interest & Premium Strategy Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtus Dividend, Interest & Premium Strategy Fund's current Return-on-Tangible-Equity is 19.44%, which is 79% above median its own 10-year median of 10.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Dividend, Interest & Premium Strategy Fund stock overvalued right now?
Based on GuruFocus' analysis, Virtus Dividend, Interest & Premium Strategy Fund (NFJ) is currently considered Modestly Undervalued. The stock's GF Value™ is $19.40, compared to a current price of $15.20 — trading 21.6% below its estimated fair value. The current Return-on-Tangible-Equity is 19.44%, which is 79% above median its 10-year median of 10.85 and 170.8% above the Asset Management industry median of 7.18. Virtus Dividend, Interest & Premium Strategy Fund's overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Virtus Dividend, Interest & Premium Strategy Fund (NFJ), the current Return-on-Tangible-Equity is 19.44% as of Jan. 2026. 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.
Is Virtus Dividend, Interest & Premium Strategy Fund (NFJ) Overvalued in 2026?
Based on GuruFocus' analysis, Virtus Dividend, Interest & Premium Strategy Fund stock appears to be undervalued.
The current stock price of $15.20 is trading 21.6% below its estimated GF Value™ of $19.40.
GuruFocus considers Virtus Dividend, Interest & Premium Strategy Fund to be Modestly Undervalued.
Key valuation signals for NFJ:
Return-on-Tangible-Equity: 19.44% (79% above median its 10-year median of 10.85)
GF Value™: $19.40 vs. price of $15.20 (21.6% below fair value)
Industry Position: 170.8% above the Asset Management median (#592 of 1587)
No single metric tells the full story. See the NFJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Virtus Dividend, Interest & Premium Strategy Fund Business Description
Virtus Dividend, Interest & Premium Strategy Fund is a Massachusetts-based business trust. The primary investment objective of the company is to seek current income and gains, with a secondary objective of long-term capital appreciation. It pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities.
52GF Score
Get the complete analysis for NFJ
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NFJ has been successfully added to your 
