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Barings Global Short Duration High Yield Fund (Barings Global Short Duration High Yield Fund) Price-to-Tangible-Book : 0.92 (As of Apr. 27, 2024)


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What is Barings Global Short Duration High Yield Fund Price-to-Tangible-Book?

As of today (2024-04-27), Barings Global Short Duration High Yield Fund's share price is $14.035. Barings Global Short Duration High Yield Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.20. Hence, Barings Global Short Duration High Yield Fund's Price to Tangible Book Ratio of today is 0.92.

The historical rank and industry rank for Barings Global Short Duration High Yield Fund's Price-to-Tangible-Book or its related term are showing as below:

BGH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 0.9   Max: 0.97
Current: 0.92

During the past 7 years, Barings Global Short Duration High Yield Fund's highest Price to Tangible Book Ratio was 0.97. The lowest was 0.87. And the median was 0.90.

BGH's Price-to-Tangible-Book is ranked better than
55.32% of 1625 companies
in the Asset Management industry
Industry Median: 0.94 vs BGH: 0.92

A closely related ratio is called PB Ratio. As of today, Barings Global Short Duration High Yield Fund's share price is $14.035. Barings Global Short Duration High Yield Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $15.20. Hence, Barings Global Short Duration High Yield Fund's P/B Ratio of today is 0.92.


Barings Global Short Duration High Yield Fund Price-to-Tangible-Book Historical Data

The historical data trend for Barings Global Short Duration High Yield Fund's Price-to-Tangible-Book can be seen below:

* 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.

* Premium members only.

Barings Global Short Duration High Yield Fund Price-to-Tangible-Book Chart

Barings Global Short Duration High Yield Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.96 0.90 0.97 0.89 0.88

Barings Global Short Duration High Yield Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.90 0.89 0.89 0.88

Competitive Comparison of Barings Global Short Duration High Yield Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Barings Global Short Duration High Yield Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Barings Global Short Duration High Yield Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Barings Global Short Duration High Yield Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Barings Global Short Duration High Yield Fund's Price-to-Tangible-Book falls into.



Barings Global Short Duration High Yield Fund Price-to-Tangible-Book Calculation

Barings Global Short Duration High Yield Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=14.035/15.2
=0.92

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Barings Global Short Duration High Yield Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Barings Global Short Duration High Yield Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Barings Global Short Duration High Yield Fund (Barings Global Short Duration High Yield Fund) Business Description

Traded in Other Exchanges
N/A
Address
300 South Tryon Street, Suite 2500, Charlotte, NC, USA, 28202
Barings Global Short Duration High Yield Fund is a diversified, closed-end management investment company. Its investment objective is to seek as high a level of current income as the Adviser determines is consistent with capital preservation.
Executives
Eric Partlan other: Adviser Board Member BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Gregory Wayne Maccordy other: Chief Compliance Officer 6 LAMPLIGHT LANE, WESTPORT CT 06880
Ashlee Steinnerd officer: Chief Legal Officer BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Michael Freno officer: Vice President BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Benjamin Tecmire officer: Chief Compliance Officer BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Roger W Crandall other: Adviser Board Member MASSACHUSETTS MUTUAL LIFE INSURANCE CO, 1295 STATE STREET, SPRINGFIELD MA 01111
Christopher Hanscom officer: Treasurer BARINGS LLC, 1500 MAIN STREET PO BOX 15189, SPRINGFIELD MA 01115-5189
Eric J Lloyd other: Officer of Adviser BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Mark F Mulhern director 410 S. WILMINGTON STREET, RALEIGH NC 27601
Jill Olmstead other: Trustee BARINGS LLC, 3300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202
David Mihalick director BARINGS LLC, 300 SOUTH TRYON ST., STE 2500, CHARLOTTE NC 28202
Rodney J Dillman other: Trustee BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Elizabeth A. Murray officer: Treasurer BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Mark Senkpiel other: Investment Personnel BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Christopher Cary other: Officer of Adviser BARINGS LLC, 300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202

Barings Global Short Duration High Yield Fund (Barings Global Short Duration High Yield Fund) Headlines