What is CBH P/E ratio?

Virtus Convertible & Income 2024 Target Term Fund's P/E ratio is 25.51. This is near the market average.

What is CBH return on equity (ROE)?

Virtus Convertible & Income 2024 Target Term Fund's return on equity (ROE) is 3.90%, indicating how efficiently the company generates profit from shareholders' equity. This is below the typical market average of 12-15%.

What is Virtus Convertible & Income 2024 Target Term Fund's market cap?

Virtus Convertible & Income 2024 Target Term Fund has a market capitalization of $167.75M.

NYSE · Asset Management - Income

Virtus Convertible & Income 2024 Target Term Fund (CBH) Stock

Q: What is Virtus Convertible & Income 2024 Target Term Fund (CBH) stock price today?

Virtus Convertible & Income 2024 Target Term Fund (CBH) is currently trading at $9.19, up 0.05% today.

$9.19 +0.05% NYSE: CBH Financial Services

Managed by Allianz Global Investors U.S. LLC, the Virtus Convertible & Income 2024 Target Term Fund (CBH) operates as a closed-end, balanced mutual fund.

Valuation

Metric	Value
Price	$9.19
Market Cap	$167.75M
P/E Ratio	25.51
P/B Ratio	1.01
P/S Ratio	24.45
EPS (TTM)	$0.36
52-Week High	$9.20
52-Week Low	$8.40
Dividend Yield	4.68%

Financials & Margins

Metric	Value
ROE	3.90%
ROA	3.43%
ROCE	3.52%
Gross Margin	71.65%
Operating Margin	95.39%
Net Margin	95.39%
Debt/Equity	0.12
Current Ratio	2.04

Annual Financials (USD)

Metric	2019	2020	2021	2022	2023
Revenue	$13.0M	$26.0M	$12.0M	$3.0M	$7.0M
Operating Profit	$13.0M	$26.0M	$0	$4.0M	$7.0M
Net Profit	$13.0M	$26.0M	$0	$2.0M	$7.0M
EPS	$0.69	$1.41	$-0.02	$0.11	$0.36
Op Margin	96.3%	100.7%	0.1%	157.7%	95.4%

Balance Sheet (USD)

Metric	2019	2020	2021	2022	2023
Total Assets	$252.0M	$270.0M	$256.0M	$245.0M	$191.0M
Total Liabilities	$72.0M	$74.0M	$77.0M	$76.0M	$25.0M
Cash	$0	$0	$0	$0	$8.0M
Borrowings	$70.0M	$70.0M	$72.0M	$70.0M	$20.0M

Cash Flow (USD)

Metric	2019	2020	2021	2022	2023
Operating Cash Flow	$10.0M	$10.0M	$6.0M	$12.0M	$69.0M
Investing Cash Flow	$6.0M	$0	$-11.0M	$10.0M	$64.0M
Financing Cash Flow	$0	$0	$0	$0	$0
Net Cash Flow	$0	$0	$0	$0	$8.0M
Free Cash Flow	$10.0M	$10.0M	$6.0M	$12.0M	$69.0M

Valuation & Return Ratios

Metric	Value
PEG Ratio	0.26
EV / EBITDA	25.68
FCF Yield	41.17%
Quick Ratio	-0.59
Interest Coverage	1.72
Return 1Y	—
Return 3Y	—
Return 5Y	—

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
DCFBNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc.	$9.24	—	6.60	$138.61M	0.00%
IHITInvesco High Income 2023 Target Term Fund	$6.92	-0.22%	-27.68	$167.09M	4.95%
INSIInsight Select Income Fund	$16.23	-1.10%	17.64	$173.88M	1.23%
IVHIvy Funds - Delaware Ivy High Income Opportunities Fund	$11.18	-3.54%	-3.96	$185.25M	9.52%
MHIPioneer Municipal High Income Fund, Inc.	$8.95	+0.51%	38.89	$203.69M	4.69%

About Virtus Convertible & Income 2024 Target Term Fund

Managed by Allianz Global Investors U.S. LLC, the Virtus Convertible & Income 2024 Target Term Fund (CBH) operates as a closed-end, balanced mutual fund. This fund strategically allocates its capital across both public equity and fixed income markets within the United States. Its equity component primarily targets convertible securities issued by companies spanning diverse industries. For its fixed income exposure, the fund invests in various income-generating debt instruments and Senior Secured Loans. A notable characteristic is its predominant focus on fixed income securities, specifically those with a credit rating below "BBB-", indicating an emphasis on the non-investment grade segment. The investment methodology employed involves a fundamental analysis, utilizing a bottom-up approach to select individual securities for its portfolio. Established on June 30, 2017, the fund is domiciled in the United States.

Virtus Convertible & Income 2024 Target Term Fund is headquartered in US.

Virtus Convertible & Income 2024 Target Term Fund (CBH) stock trades at $9.19 with a market capitalization of $167.75M. The stock is valued at a price-to-earnings (P/E) ratio of 25.51, price-to-book of 1.01, price-to-sales of 24.45. Over the past 52 weeks the stock has ranged between $8.40 and $9.20, and currently trades at its 52-week high. It pays a dividend yielding 4.68%.

On profitability, Virtus Convertible & Income 2024 Target Term Fund generates a return on equity (ROE) of 3.90%, return on capital employed of 3.52%, an operating margin of 95.39%, a net profit margin of 95.39%.

Official website: www.us.allianzgi.com/Products/pages/743.aspx?ShareClassCode=ARTIFICIAL