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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Virtus Convertible &ome Fund's selling, general, & admin. expense for the
six
months ended in Jan. 2026 was $0.45 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jan. 2026 was $0.86 Mil.
Virtus Convertible &ome Fund (NYSE:NCV) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Virtus Convertible &ome Fund Selling, General, & Admin. Expense Related Terms
Virtus Convertible &ome Fund Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Virtus Convertible &ome Fund's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart
NCV vs MYN, FOF, EDD: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, Virtus Convertible &ome Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Virtus Convertible &ome Fund's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Virtus Convertible &ome Fund's Selling, General, & Admin. Expense falls into.
Virtus Convertible &ome Fund Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.86 Mil.
* 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 Selling, General, & Admin. Expense of $0.86 Mil mean?
Virtus Convertible &ome Fund (NCV) has a Selling, General, & Admin. Expense of $0.86 Mil as of Jan. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Virtus Convertible &ome Fund and its competitors.
Is Virtus Convertible &ome Fund's Selling, General, & Admin. Expense too high?
Virtus Convertible &ome Fund's current Selling, General, & Admin. Expense is $0.86 Mil. 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 Selling, General, & Admin. Expense compare to MYN and FOF?
Virtus Convertible &ome Fund's Selling, General, & Admin. Expense of $0.86 Mil 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 Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Virtus Convertible &ome Fund and its competitors. Virtus Convertible &ome Fund's current Selling, General, & Admin. Expense is $0.86 Mil. 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 $16.75 — trading 69.9% below its estimated fair value. The current Selling, General, & Admin. Expense is $0.86 Mil. 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Virtus Convertible &ome Fund (NCV), the current Selling, General, & Admin. Expense is $0.86 Mil 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 $16.75 is trading 69.9% below its estimated GF Value™ of $55.59.
GuruFocus considers Virtus Convertible &ome Fund to be Significantly Undervalued.
Key valuation signals for NCV:
Selling, General, & Admin. Expense: $0.86 Mil
GF Value™: $55.59 vs. price of $16.75 (69.9% below fair value)
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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