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Voya Global Advantage and Premium Opportunity Fund (Voya Global Advantage and Premium Opportunity Fund) Net Margin % : 98.55% (As of Feb. 2024)


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What is Voya Global Advantage and Premium Opportunity Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Voya Global Advantage and Premium Opportunity Fund's Net Income for the six months ended in Feb. 2024 was $8.02 Mil. Voya Global Advantage and Premium Opportunity Fund's Revenue for the six months ended in Feb. 2024 was $8.13 Mil. Therefore, Voya Global Advantage and Premium Opportunity Fund's net margin for the quarter that ended in Feb. 2024 was 98.55%.

The historical rank and industry rank for Voya Global Advantage and Premium Opportunity Fund's Net Margin % or its related term are showing as below:

IGA' s Net Margin % Range Over the Past 10 Years
Min: 92.41   Med: 97.89   Max: 108.49
Current: 97.88


IGA's Net Margin % is ranked better than
70.53% of 1666 companies
in the Asset Management industry
Industry Median: 86.98 vs IGA: 97.88

Voya Global Advantage and Premium Opportunity Fund Net Margin % Historical Data

The historical data trend for Voya Global Advantage and Premium Opportunity Fund's Net Margin % 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.

Voya Global Advantage and Premium Opportunity Fund Net Margin % Chart

Voya Global Advantage and Premium Opportunity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net Margin %
Get a 7-Day Free Trial 108.49 95.53 98.24 94.98 97.89

Voya Global Advantage and Premium Opportunity Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -42.72 39.38 97.82 95.94 98.55

Competitive Comparison of Voya Global Advantage and Premium Opportunity Fund's Net Margin %

For the Asset Management subindustry, Voya Global Advantage and Premium Opportunity Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Voya Global Advantage and Premium Opportunity Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Global Advantage and Premium Opportunity Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Voya Global Advantage and Premium Opportunity Fund's Net Margin % falls into.



Voya Global Advantage and Premium Opportunity Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Voya Global Advantage and Premium Opportunity Fund's Net Margin for the fiscal year that ended in Feb. 2024 is calculated as

Net Margin=Net Income (A: Feb. 2024 )/Revenue (A: Feb. 2024 )
=10.713/10.944
=97.89 %

Voya Global Advantage and Premium Opportunity Fund's Net Margin for the quarter that ended in Feb. 2024 is calculated as

Net Margin=Net Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=8.015/8.133
=98.55 %

* 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.


Voya Global Advantage and Premium Opportunity Fund  (NYSE:IGA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Voya Global Advantage and Premium Opportunity Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Voya Global Advantage and Premium Opportunity Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Voya Global Advantage and Premium Opportunity Fund (Voya Global Advantage and Premium Opportunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Global Advantage and Premium Opportunity Fund is a United States-based diversified, closed-end management investment company. Its primary investment objective is to provide a high level of income. The secondary investment objective of the fund is to seek capital appreciation. The fund seeks to achieve its investment objectives by investing at least 80% of its managed assets in a portfolio of common stocks of companies located in several different countries throughout the world, including the United States, and it also utilizes an integrated derivatives strategy.
Executives
Margaret Diorio officer: SVP, PM 230 PARK AVENUE, NEW YORK NY 10169
Steven Wetter officer: SVP, PM 230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Mark Weber officer: Senior Managing Director 230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro officer: Managing Director VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Lydia Homer officer: Chief Financial Officer, Funds 7337 E DOUBLETREE RANCH ROAD, SCOTTSDALE AZ 85258
Christopher P Sullivan director 27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell officer: MD & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Etten Frank Van officer: Managing Director 230 PARK AVENUE, NEW YORK NY 10169
Joseph E Obermeyer director 9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Russell H Jones director
Martin J Gavin director 282 WASHINGTON STREET, HARTFORD CT 06106
Deprince Albert E Jr director 3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Robert W Crispin director 230 PARK AVENUE, 230 PARK AVENUE NY 10169
Pieter Jakob Schop other: Portfolio Manager SCHENKKADE 65, THE HAGUE P7 2595AS
Nelson Fredric A Iii director 230 PARK AVENUE, NEW YORK NY 10169

Voya Global Advantage and Premium Opportunity Fund (Voya Global Advantage and Premium Opportunity Fund) Headlines