Virtus Senior Floating Fund Fundamentals
| PFSRX Fund | USD 8.74 0.01 0.11% |
Virtus Senior Floating fundamentals help investors to digest information that contributes to Virtus Senior's financial success or failures. It also enables traders to predict the movement of Virtus Mutual Fund. The fundamental analysis module provides a way to measure Virtus Senior's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Virtus Senior mutual fund.
Virtus |
Virtus Senior Floating Mutual Fund Price To Book Analysis
Virtus Senior's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Virtus Senior Price To Book | 0.41 X |
Most of Virtus Senior's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Virtus Senior Floating is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Virtus Senior Floating has a Price To Book of 0.41 times. This is 79.4% lower than that of the Virtus family and significantly higher than that of the Bank Loan category. The price to book for all United States funds is notably lower than that of the firm.
Virtus Senior Floating Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus Senior's current stock value. Our valuation model uses many indicators to compare Virtus Senior value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus Senior competition to find correlations between indicators driving Virtus Senior's intrinsic value. More Info.Virtus Senior Floating is rated top fund in price to book among similar funds. It also is rated top fund in price to sales among similar funds fabricating about 72.54 of Price To Sales per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Virtus Senior's earnings, one of the primary drivers of an investment's value.Did you try this?
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Fund Asset Allocation for Virtus Senior
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks, cash and bonds.Asset allocation divides Virtus Senior's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Virtus Fundamentals
| Price To Book | 0.41 X | ||||
| Price To Sales | 29.74 X | ||||
| Total Asset | 6.21 M | ||||
| Annual Yield | 0.07 % | ||||
| Year To Date Return | 6.57 % | ||||
| One Year Return | 8.20 % | ||||
| Three Year Return | 5.21 % | ||||
| Five Year Return | 4.18 % | ||||
| Ten Year Return | 2.45 % | ||||
| Net Asset | 175.18 M | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 3.12 % | ||||
| Equity Positions Weight | 1.27 % | ||||
| Bond Positions Weight | 13.08 % |
About Virtus Senior Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Virtus Senior Floating's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virtus Senior using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virtus Senior Floating based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund offers the potential for attractive total return and income by investing primarily in non-investment grade bank loans with a focus on higher quality companies within a rating tier. Under normal circumstances, it will invest at least 80 percent of its net assets in a portfolio of senior floating rate loans . The fund may invest up to 15 percent of total assets in U.S. and non-U.S. dollar denominated foreign securities and foreign Senior Loans, including Yankee bonds.
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Virtus Senior financial ratios help investors to determine whether Virtus Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Virtus with respect to the benefits of owning Virtus Senior security.
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