BackVirtus Convertible & Income Fund Overview
Virtus Convertible & Income Fund

Virtus Convertible & Income Fund Return on Equity

Virtus Convertible & Income Fund (NCV) has a ROE of 32.31%, above the sector sector average of 11.67%.

Get informed when a big investor buys or sells

+ Follow

ROE

32.31%

Return on Equity

32.31%

Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.

ROE (Comparison Companies)

Loading

ROE History

Loading

ROE Comparison

Loading

Virtus Convertible & Income Fund (NCV) FAQ

Virtus Convertible & Income Fund posts a ROE of 32.31%. That is above the sector sector average of 11.67%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

For its sector stocks, a ROE near 11.67% is typical. Virtus Convertible & Income Fund's 32.31% is higher that level. That is roughly 177.0% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Virtus Convertible & Income Fund's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 32.31%; use YoY and peer views to separate noise from signal.

Context for NCV's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 11.67%), and (3) consistency with growth and profitability. This page covers the first two; Virtus Convertible & Income Fund's other metric pages and overview cover the third.