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ACV (Virtus AllianzGI Diversifiedomenvertible Fund) Total Assets : $331.62 Mil (As of Jul. 2024)


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What is Virtus AllianzGI Diversifiedomenvertible Fund Total Assets?

Virtus AllianzGI Diversifiedomenvertible Fund's Total Assets for the quarter that ended in Jul. 2024 was $331.62 Mil.

During the past 12 months, Virtus AllianzGI Diversifiedomenvertible Fund's average Total Assets Growth Rate was -2.00% per year. During the past 3 years, the average Total Assets Growth Rate was -12.70% per year. During the past 5 years, the average Total Assets Growth Rate was -2.30% per year.

During the past 7 years, Virtus AllianzGI Diversifiedomenvertible Fund's highest 3-Year average Total Assets Growth Rate was 9.40%. The lowest was -12.70%. And the median was 0.85%.

Total Assets is connected with ROA %. Virtus AllianzGI Diversifiedomenvertible Fund's annualized ROA % for the quarter that ended in Jul. 2024 was 11.38%. Total Assets is also linked to Revenue through Asset Turnover. Virtus AllianzGI Diversifiedomenvertible Fund's Asset Turnover for the quarter that ended in Jul. 2024 was 0.06.

Virtus AllianzGI Diversifiedomenvertible Fund Total Assets Historical Data

The historical data trend for Virtus AllianzGI Diversifiedomenvertible Fund's Total Assets 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 AllianzGI Diversifiedomenvertible Fund Total Assets Chart

Virtus AllianzGI Diversifiedomenvertible Fund Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Assets
Get a 7-Day Free Trial 369.73 478.45 392.98 332.33 328.13

Virtus AllianzGI Diversifiedomenvertible Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
Total Assets 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 347.89 332.33 338.93 328.13 331.62

Virtus AllianzGI Diversifiedomenvertible Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Virtus AllianzGI Diversifiedomenvertible Fund's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=216.157+111.97
=328.13

Virtus AllianzGI Diversifiedomenvertible Fund's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets=Total Equity (Q: Jul. 2024 )+Total Liabilities (Q: Jul. 2024 )
=223.866+107.756
=331.62

* 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 AllianzGI Diversifiedomenvertible Fund  (NYSE:ACV) Total Assets Explanation

Total Assets is connected with ROA %.

Virtus AllianzGI Diversifiedomenvertible Fund's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %=Net Income (Q: Jul. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=37.524/( (328.127+331.622)/ 2 )
=37.524/329.8745
=11.38 %

Note: The Net Income data used here is two times the semi-annual (Jul. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Virtus AllianzGI Diversifiedomenvertible Fund's Asset Turnover for the quarter that ended in Jul. 2024 is

Asset Turnover
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=18.965/( (328.127+331.622)/ 2 )
=18.965/329.8745
=0.06

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Virtus AllianzGI Diversifiedomenvertible Fund Total Assets Related Terms

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Virtus AllianzGI Diversifiedomenvertible Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus AllianzGI Diversified Income & Convertible Fund (NYSE:ACV) » Definitions » Total Assets
Comparable Companies
OPP MXF AEF MHI GLO EHI EOD LGI MAV ETX BLK BX KKR OSTO:INVE A TSX:BAM APO TSX:BN LSE:III AMP XSWX:PGHN
Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301-9683
Website
https://www.virtus.com
Virtus AllianzGI Diversified Income & Convertible Fund is a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income and capital appreciation while seeking to provide downside protection against capital loss. It seeks to achieve its investment objective by investing in a combination of convertible securities, debt and other income-producing instruments and common stocks and other equity securities.
Executives
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
Voya Investment Management Co other: Subadviser to the issuer 10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
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
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
David J. Oberto officer: Portfolio Manager 1633 BROADWAY, NEW YORK NY 10019
R Keith Walton director 100 PEARL STREET, HARTFORD CT 06103
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
George R Aylward director, officer: President and CEO C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Richard W Smirl officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
Bradley William Patrick Iii officer: EVP, CFO and Treasurer C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Francis G Waltman officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Philip R Mcloughlin director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536