NCV (Virtus Convertible &ome Fund) ROE % Adjusted to Book Value: 28.45% (As of Jan. 2026)


NCV Virtus Convertible & Income Fund NCV
41 GF Score
Price $17.57
GF Value $55.59
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Virtus Convertible &ome Fund ROE % Adjusted to Book Value?

Virtus Convertible &ome Fund NCV +1.68% 41 ROE % Adjusted to Book Value is 28.45% as of Jan. 2026. GuruFocus rates NCV with a GF Score™ of 41/100 and a GF Value™ of $55.59 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Virtus Convertible &ome Fund's ROE % for the quarter that ended in Jan. 2026 was 25.89%. Virtus Convertible &ome Fund's PB Ratio for the quarter that ended in Jan. 2026 was 0.91. Virtus Convertible &ome Fund's ROE % Adjusted to Book Value for the quarter that ended in Jan. 2026 was 28.45%.


Virtus Convertible &ome Fund ROE % Adjusted to Book Value Related Terms


Virtus Convertible &ome Fund ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Virtus Convertible &ome Fund's ROE % Adjusted to Book Value 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 Convertible &ome Fund ROE % Adjusted to Book Value Chart

Virtus Convertible &ome Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Jan23 Jan24 Jan25 Jan26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 20.65 -12.18 2.10 15.96 19.41

Virtus Convertible &ome Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
ROE % Adjusted to Book Value 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 -2.08 11.90 20.09 10.79 28.45

NCV vs ALTI, HFRO, MYN: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, Virtus Convertible &ome Fund's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Convertible &ome Fund's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Virtus Convertible &ome Fund's ROE % Adjusted to Book Value falls into.


NCV
41GF Score
Virtus Convertible & Income Fund NCV
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Virtus Convertible &ome Fund ROE % Adjusted to Book Value Calculation

Virtus Convertible &ome Fund's ROE % Adjusted to Book Value for the fiscal year that ended in Jan. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=17.66% / 0.91
=19.41%

Virtus Convertible &ome Fund's ROE % Adjusted to Book Value for the quarter that ended in Jan. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=25.89% / 0.91
=28.45%

* 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.

What does a ROE % Adjusted to Book Value of 28.45% mean?
Virtus Convertible &ome Fund (NCV) has a ROE % Adjusted to Book Value of 28.45% as of Jan. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Virtus Convertible &ome Fund and its competitors.
Is Virtus Convertible &ome Fund's ROE % Adjusted to Book Value too high?
Virtus Convertible &ome Fund's current ROE % Adjusted to Book Value is 28.45%. Overall, Virtus Convertible &ome Fund has a GF Score™ of 41/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtus Convertible &ome Fund's ROE % Adjusted to Book Value compare to ALTI and HFRO?
Virtus Convertible &ome Fund's ROE % Adjusted to Book Value of 28.45% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Virtus Convertible &ome Fund and its competitors. Virtus Convertible &ome Fund's current ROE % Adjusted to Book Value is 28.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Convertible &ome Fund stock overvalued right now?
Based on GuruFocus' analysis, Virtus Convertible &ome Fund (NCV) is currently considered Significantly Undervalued. The stock's GF Value™ is $55.59, compared to a current price of $17.57 — trading 68.4% below its estimated fair value. The current ROE % Adjusted to Book Value is 28.45%. Virtus Convertible &ome Fund's overall GF Score™ is 41/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Virtus Convertible &ome Fund (NCV), the current ROE % Adjusted to Book Value is 28.45% 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 Convertible &ome Fund (NCV) Overvalued in 2026?

Based on GuruFocus' analysis, Virtus Convertible &ome Fund stock appears to be undervalued. The current stock price of $17.57 is trading 68.4% below its estimated GF Value™ of $55.59. GuruFocus considers Virtus Convertible &ome Fund to be Significantly Undervalued.

Key valuation signals for NCV:

  • ROE % Adjusted to Book Value: 28.45%
  • GF Value™: $55.59 vs. price of $17.57 (68.4% below fair value)
  • GF Score™: 41/100 with 5 warning signs

No single metric tells the full story. See the NCV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Virtus Convertible &ome Fund Business Description

Other Exchanges NCVpA.PFD:USA
Address 101 Munson Street, Greenfield, MA, USA, 01301-9683
Virtus Convertible & Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. It intends to achieve the objective by investing in a portfolio of domestic convertible securities and non-convertible income-producing securities. Its portfolio of investments includes Software, the Internet, the Commercial Services sector in the form of Convertible Bonds and Notes, and Media, Oil, Gas & Consumable Fuels, and Entertainment sector in the form of Corporate Bonds and Notes.
41GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.57
Price
$55.59
GF Value