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Virtus Total Return Fund (Virtus Total Return Fund) Scaled Net Operating Assets : 0.92 (As of Nov. 2023)


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What is Virtus Total Return Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Virtus Total Return Fund's operating assets for the quarter that ended in Nov. 2023 was $617.31 Mil. Virtus Total Return Fund's operating liabilities for the quarter that ended in Nov. 2023 was $3.23 Mil. Virtus Total Return Fund's Total Assets for the quarter that ended in May. 2023 was $664.38 Mil. Therefore, Virtus Total Return Fund's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2023 was 0.92.

Virtus Total Return Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Virtus Total Return Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2023 )
=(Operating Assets (A: Nov. 2023 )-Operating Liabilities (A: Nov. 2023 ))/Total Assets (A: Nov. 2022 )
=(617.311-3.23)/726.474
=0.85

where

Operating Assets(A: Nov. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=619.406 - 2.095
=617.311

Operating Liabilities(A: Nov. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=190.23 - 187 - 0
=3.23

Virtus Total Return Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2023 )
=(Operating Assets (Q: Nov. 2023 )-Operating Liabilities (Q: Nov. 2023 ))/Total Assets (Q: May. 2023 )
=(617.311-3.23)/664.38
=0.92

where

Operating Assets(Q: Nov. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=619.406 - 2.095
=617.311

Operating Liabilities(Q: Nov. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=190.23 - 187 - 0
=3.23

* 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 Total Return Fund Scaled Net Operating Assets Related Terms

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Virtus Total Return Fund (Virtus Total Return Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Total Return Fund Inc (NYSE:ZTR) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301-9668
Website
https://www.virtus.com
Virtus Total Return Fund Inc is a closed-end, diversified management investment company. Its investment objective is capital appreciation, with current income as a secondary objective. The company provides solutions to individuals, financial advisors, and institutions.
Executives
Bradley William Patrick Iii officer: VP, CFO & Treasurer C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Philip R Mcloughlin director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
Virtus Partners Inc other: Affiliate of the Adviser C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL ST., 9TH FLOOR, HARTFORD CT 06103
James M Oates director C/O INVESTORS FINANCIAL SERVICES CORP, 200 CLARENDON ST, BOSTON MA 02116
Willliam R Moyer director C/O VIRTUS INVESTMENT PARTNERS, INC., HARTFORD CT 06103
George W Karpus 10 percent owner
Wright William H Ii director C/O VIRTUS INVESTMENT PARTNERS, 100 PEARL STREET, HARTFORD CT 06103
David Dickerson officer: SVP & PM of the Adviser
Christopher Ruddy director 1120 BEAR ISLAND DRIVE WEST PALM BEACH FL 33409
Carlton Neel officer: SVP & Portfolio Manager ZWEIG FUNDS 900 THIRD AVE NEW YORK NY 10022
Wendy W Luscombe director 480 TAGHKANIC CHURCH TOWN ROAD, CRARYVILLE NY 12521
Rogers James B Jr director 14 WESLEY STREET, HAMILTON D0 HM11
George R Aylward director, officer: President & CEO C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
William J Renahan officer: Chief Legal Off. & Secretary 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022