Virtus Dividend, Interest & Premium Strategy Fund (Virtus Dividend, Interest & Premium Strategy Fund) Net Cash per Share : $0.34 (As of Jan. 2024)

Virtus Dividend, Interest & Premium Strategy Fund Net Cash per Share Chart

Virtus Dividend, Interest & Premium Strategy Fund Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Net Cash per Share	Get a 7-Day Free Trial									-0.35	-0.07	-0.06	-0.04	0.34

Competitive Comparison of Virtus Dividend, Interest & Premium Strategy Fund's Net Cash per Share

For the Asset Management subindustry, Virtus Dividend, Interest & Premium Strategy Fund's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Dividend, Interest & Premium Strategy Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Dividend, Interest & Premium Strategy Fund's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Virtus Dividend, Interest & Premium Strategy Fund's Price-to-Net-Cash falls into.

Virtus Dividend, Interest & Premium Strategy Fund Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Virtus Dividend, Interest & Premium Strategy Fund's Net Cash per Share for the fiscal year that ended in Jan. 2024 is calculated as

Virtus Dividend, Interest & Premium Strategy Fund's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

* 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 Dividend, Interest & Premium Strategy Fund  (NYSE:NFJ) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.

Virtus Dividend, Interest & Premium Strategy Fund Net Cash per Share Related Terms

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Virtus Dividend, Interest & Premium Strategy Fund (Virtus Dividend, Interest & Premium Strategy Fund) Business Description