Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Virtus Convertible &ome Fund's 3-Year RORE % for the quarter that ended in Jan. 2026 was 209.89%.
NCV's 3-Year RORE % is ranked better than 92.76% of 1533
companies
in the Asset Management industry
Industry Median: 12.5
vs NCV: 209.89
Virtus Convertible &ome Fund (NYSE:NCV) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Virtus Convertible &ome Fund 3-Year RORE % Related Terms
Virtus Convertible &ome Fund 3-Year RORE % 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.
For the Asset Management subindustry, Virtus Convertible &ome Fund's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Virtus Convertible &ome Fund's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Virtus Convertible &ome Fund's 3-Year RORE % falls into.
* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jan. 2026 and 3-year before.
Virtus Convertible &ome Fund (NCV) has a 3-Year RORE % of 209.89 as of Jan. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Virtus Convertible &ome Fund and its competitors. According to the industry distribution chart, Virtus Convertible &ome Fund ranks #111 out of 1533 companies in the Asset Management industry, placing it in the top 7.2%.
Is Virtus Convertible &ome Fund's 3-Year RORE % too high?
Virtus Convertible &ome Fund's current 3-Year RORE % is 209.89. The Asset Management industry median 3-Year RORE % is 12.50. Virtus Convertible &ome Fund's value of 209.89 is 1579.1% above this industry median. Based on the distribution chart, Virtus Convertible &ome Fund ranks #111 out of 1533 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Virtus Convertible &ome Fund has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtus Convertible &ome Fund's 3-Year RORE % compare to ALTI and HFRO?
According to the Asset Management industry distribution chart, Virtus Convertible &ome Fund ranks #111 out of 1533 companies for 3-Year RORE %. This places Virtus Convertible &ome Fund in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 12.50. Virtus Convertible &ome Fund's value of 209.89 is 1579.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.50, based on 1,533 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Virtus Convertible &ome Fund's current 3-Year RORE % of 209.89 is 1579.1% 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Virtus Convertible &ome Fund and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtus Convertible &ome Fund's current 3-Year RORE % is 209.89. 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 $17.51 — trading 68.5% below its estimated fair value. The current 3-Year RORE % is 209.89 and 1579.1% above the Asset Management industry median of 12.50. Virtus Convertible &ome Fund's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Virtus Convertible &ome Fund (NCV), the current 3-Year RORE % is 209.89 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 $17.51 is trading 68.5% below its estimated GF Value™ of $55.59.
GuruFocus considers Virtus Convertible &ome Fund to be Significantly Undervalued.
Key valuation signals for NCV:
3-Year RORE %: 209.89
GF Value™: $55.59 vs. price of $17.51 (68.5% below fair value)
Industry Position: 1579.1% above the Asset Management median (#111 of 1533)
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 & 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.
50GF Score
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