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First Trust Strategic High Fund II (First Trust Strategic High Fund II) Pretax Margin % : 81.97% (As of Oct. 2017)


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What is First Trust Strategic High Fund II Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. First Trust Strategic High Fund II's Pre-Tax Income for the six months ended in Oct. 2017 was $13.97 Mil. First Trust Strategic High Fund II's Revenue for the six months ended in Oct. 2017 was $17.04 Mil. Therefore, First Trust Strategic High Fund II's pretax margin for the quarter that ended in Oct. 2017 was 81.97%.

The historical rank and industry rank for First Trust Strategic High Fund II's Pretax Margin % or its related term are showing as below:


FHY's Pretax Margin % is not ranked *
in the Asset Management industry.
Industry Median: 90.905
* Ranked among companies with meaningful Pretax Margin % only.

First Trust Strategic High Fund II Pretax Margin % Historical Data

The historical data trend for First Trust Strategic High Fund II's Pretax Margin % 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.

First Trust Strategic High Fund II Pretax Margin % Chart

First Trust Strategic High Fund II Annual Data
Trend Oct17
Pretax Margin %
81.97

First Trust Strategic High Fund II Semi-Annual Data
Oct17
Pretax Margin % 81.97

Competitive Comparison of First Trust Strategic High Fund II's Pretax Margin %

For the Asset Management subindustry, First Trust Strategic High Fund II's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


First Trust Strategic High Fund II's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Strategic High Fund II's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where First Trust Strategic High Fund II's Pretax Margin % falls into.



First Trust Strategic High Fund II Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

First Trust Strategic High Fund II's Pretax Margin for the fiscal year that ended in Oct. 2017 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2017 )/Revenue (A: Oct. 2017 )
=13.968/17.041
=81.97 %

First Trust Strategic High Fund II's Pretax Margin for the quarter that ended in Oct. 2017 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2017 )/Revenue (Q: Oct. 2017 )
=13.968/17.041
=81.97 %

* 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.


First Trust Strategic High Fund II  (NYSE:FHY) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


First Trust Strategic High Fund II Pretax Margin % Related Terms

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First Trust Strategic High Fund II (First Trust Strategic High Fund II) Business Description

Traded in Other Exchanges
N/A
Address
First Trust Strategic High Inc Fund II is a diversified, closed-end management investment company. The investment objective of the the fund is to seek a high level of current income. The fund seeks capital growth as a secondary objective.
Executives
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Mark Shipley other: Officer-Investment Sub-Advisor C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023
Dana Erikson other: Portfolio Manager-Sub-Advisor HYPERION BROOKFIELD ASSET MGMT., INC., 3 WFC, 200 VESEY STREET, 10TH FLOOR, NEW YORK NY 10281-1010
Anthony A. Breaks other: Portfolio Manager-Sub-Advisor C/O BROOKFIELD INVESTMENT MGMT. INC, BROOKFIELD, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Brookfield Investment Management Inc. other: Investment Sub-Advisor BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187
Lynch Coleen D officer: Assistant Vice President FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kathleen Wieland Brown other: Officer-Investment Adviser C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Christopher R Fallow officer: Assistant Vice President C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelley Christensen officer: Vice President C/O FIRST TRUST ADVISORS L.P., 1001 WARRENVILLE ROAD, SUITE 300, LISLE IL 60532
Joseph D Mcdermott other: Officer-Investment Adviser FIRST TRUST ADVISORS L.P., 1001 WARRENVILLE ROAD, SUITE 300, LISLE IL 60532
Robert F Keith director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

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