Virtus AllianzGI Equitynvertibleome Fund (Virtus AllianzGI Equitynvertibleome Fund) 5-Year Yield-on-Cost %

: 14.06 (As of Today)

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Virtus AllianzGI Equitynvertibleome Fund's yield on cost for the quarter that ended in Jan. 2023 was 14.06.

The historical rank and industry rank for Virtus AllianzGI Equitynvertibleome Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

NIE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.45 Med: 10.58 Max: 27.38
Current: 14.06

During the past 7 years, Virtus AllianzGI Equitynvertibleome Fund's highest Yield on Cost was 27.38. The lowest was 2.45. And the median was 10.58.

NIE's 5-Year Yield-on-Cost % is ranked better than
89.97% of 1216 companies
in the Asset Management industry
Industry Median: 6.08 vs NIE: 14.06

Competitive Comparison

For the Asset Management subindustry, Virtus AllianzGI Equitynvertibleome Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 AllianzGI Equitynvertibleome Fund 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, Virtus AllianzGI Equitynvertibleome Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Virtus AllianzGI Equitynvertibleome Fund's 5-Year Yield-on-Cost % falls into.

Virtus AllianzGI Equitynvertibleome Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Virtus AllianzGI Equitynvertibleome Fund is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Virtus AllianzGI Equitynvertibleome Fund (NYSE:NIE) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Virtus AllianzGI Equitynvertibleome Fund 5-Year Yield-on-Cost % Related Terms

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Virtus AllianzGI Equitynvertibleome Fund (Virtus AllianzGI Equitynvertibleome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus AllianzGI Equity & Convertible Income Fund (NYSE:NIE) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301

Website

https://www.virtus.com

Virtus AllianzGI Equity & Convertible Income Fund is a diversified, closed-end management investment company. Its investment objective is to seek total return comprised of capital appreciation, current income, and gains. The fund pursues its objective by investing in a diversified portfolio of equity securities and income-producing convertible securities. Its portfolio of investments comprises different sector investments such as aerospace and defense, banks, IT services, software, and others.

Executives

Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
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
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
Voya Investment Management Co	other: Subadviser to the issuer	10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
R Keith Walton	director	100 PEARL STREET, HARTFORD CT 06103
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
David J. Oberto	officer: Portfolio Manager	1633 BROADWAY, NEW YORK NY 10019
Philip R Mcloughlin	director	800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
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
F Ford Drummond	director	100 N BROADWAY, OKLAHOMA CITY OK 73102