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+ Follow32.31%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
As of the most recent data, NCV shows a ROE of 32.31%. That is above the sector sector average of 11.67%. Scroll down for historical charts and peer comparison views.
The its sector sector average ROE is about 11.67%. Virtus Convertible & Income Fund is at 32.31%, which is higher that average. That is roughly 177.0% above the sector mean. Use the comparison chart on this page to see how NCV stacks up against individual peers as well.
Check the historical chart to see whether NCV's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Virtus Convertible & Income Fund with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has Virtus Convertible & Income Fund's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently 32.31%) with ownership activity and broader fundamentals.