Virtus Diversified Income & Convertible Fund (NYSE:ACV – Get Rating) is one of 1,170 publicly-traded companies in the “Asset Management” industry, but how does it contrast to its rivals? We will compare Virtus Diversified Income & Convertible Fund to related businesses based on the strength of its risk, institutional ownership, dividends, valuation, analyst recommendations, earnings and profitability.
Analyst Recommendations
This is a breakdown of recent recommendations and price targets for Virtus Diversified Income & Convertible Fund and its rivals, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Virtus Diversified Income & Convertible Fund | 0 | 0 | 0 | 0 | N/A |
Virtus Diversified Income & Convertible Fund Competitors | 1068 | 4431 | 5819 | 81 | 2.43 |
As a group, “Asset Management” companies have a potential upside of 95.68%. Given Virtus Diversified Income & Convertible Fund’s rivals higher probable upside, analysts plainly believe Virtus Diversified Income & Convertible Fund has less favorable growth aspects than its rivals.
Dividends
Insider and Institutional Ownership
32.7% of shares of all “Asset Management” companies are owned by institutional investors. 18.1% of shares of all “Asset Management” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Earnings and Valuation
This table compares Virtus Diversified Income & Convertible Fund and its rivals gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Virtus Diversified Income & Convertible Fund | -$36.37 million | N/A | 11.72 |
Virtus Diversified Income & Convertible Fund Competitors | $433.19 million | $2.91 million | 2.33 |
Virtus Diversified Income & Convertible Fund’s rivals have higher revenue and earnings than Virtus Diversified Income & Convertible Fund. Virtus Diversified Income & Convertible Fund is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Profitability
This table compares Virtus Diversified Income & Convertible Fund and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Virtus Diversified Income & Convertible Fund | N/A | N/A | N/A |
Virtus Diversified Income & Convertible Fund Competitors | 376.92% | 6.74% | 4.97% |
Summary
Virtus Diversified Income & Convertible Fund rivals beat Virtus Diversified Income & Convertible Fund on 7 of the 10 factors compared.
About Virtus Diversified Income & Convertible Fund
Virtus AllianzGI Diversified Income & Convertible Fund is a closed end investment fund, which objective is to provide total return through a combination of current income and capital appreciation, while seeking to provide downside protection against capital loss. The company was founded on May 26, 2015 and is headquartered in New York, NY.
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