Virtus Global Dividend Fund Quote
| ZTR Fund | USD 5.39 0.01 0.19% |
Performance6 of 100
| Odds Of DistressLess than 18
|
Virtus Global is selling at 5.39 as of the 27th of April 2024; that is 0.19 percent increase since the beginning of the trading day. The fund's lowest day price was 5.35. Virtus Global has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Virtus Global Dividend are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of March 2024 and ending today, the 27th of April 2024. Click here to learn more.
Virtus Global Dividend Income Fund Inc. is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc. Virtus Global Dividend Income Fund Inc. was formed on September 30, 1988 and is domiciled in the United States. Virtus Total is traded on New York Stock Exchange in the United States.. The company has 47.38 M outstanding shares of which 78.76 K shares are at this time shorted by investors with about 4.76 days to cover. More on Virtus Global Dividend
Moving together with Virtus Fund
| 0.92 | ERH | Allspring Utilities And | PairCorr |
| 0.85 | WHIYX | Ivy High Income | PairCorr |
| 0.87 | IVHIX | Ivy High Income | PairCorr |
| 0.85 | IHIFX | Ivy High Income | PairCorr |
| 0.85 | WRHIX | Ivy High Income | PairCorr |
| 0.85 | WHIAX | Ivy High Income | PairCorr |
Virtus Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Virtus Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Virtus Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Philip McLoughlin |
| Fund Concentration | Allocation--50% to 70% Equity Funds, Closed-End Fund - Equity, Financial (View all Sectors) |
| Update Date | 31st of March 2024 |
Virtus Global Dividend [ZTR] is traded in USA and was established 27th of April 2024. The fund is not listed under any group at the present time. Virtus Global Dividend at this time has in net assets with no minimum investment requirementsThe fund is currently generating return of 2.47% with the current yeild of 0.03%, while the total return for the last 3 years was -4.13%.
Virtus Global Dividend has about 208 K in cash with 39.09 M of positive cash flow from operations.
Check Virtus Global Probability Of Bankruptcy
Virtus Global Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Virtus Global jumping above the current price in 90 days from now is about 19.57%. The Virtus Global Dividend probability density function shows the probability of Virtus Global fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Virtus Global has a beta of 0.0374. This usually means as returns on the market go up, Virtus Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Virtus Global Dividend will be expected to be much smaller as well. Additionally, virtus Global Dividend has an alpha of 0.0719, implying that it can generate a 0.0719 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Virtus Global to move above the current price in 90 days from now is about 19.57 (This Virtus Global Dividend probability density function shows the probability of Virtus Fund to fall within a particular range of prices over 90 days) .
Virtus Global Dividend Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Virtus Global market risk premium is the additional return an investor will receive from holding Virtus Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Virtus Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Virtus Global's alpha and beta are two of the key measurements used to evaluate Virtus Global's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0626 | |||
| Jensen Alpha | 0.0719 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0) |
Virtus Global Against Markets
Picking the right benchmark for Virtus Global fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Virtus Global fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Virtus Global is critical whether you are bullish or bearish towards Virtus Global Dividend at a given time. Please also check how Virtus Global's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Virtus Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Odds Of Bankruptcy Now
Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
| All Next | Launch Module |
How to buy Virtus Fund?
Before investing in Virtus Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Virtus Global. To buy Virtus Global fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Virtus Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Virtus Global fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Virtus Global Dividend fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Virtus Global Dividend fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Virtus Global Dividend, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Virtus Global Dividend?
The danger of trading Virtus Global Dividend is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Virtus Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Virtus Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Virtus Global Dividend is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Virtus Global Dividend. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.