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Pacholder High Yield Fund (Pacholder High Yield Fund) Tangible Book per Share : $7.86 (As of Dec. 2016)


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What is Pacholder High Yield Fund Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Pacholder High Yield Fund's tangible book value per share for the quarter that ended in Dec. 2016 was $7.86.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Pacholder High Yield Fund Tangible Book per Share Historical Data

The historical data trend for Pacholder High Yield Fund's Tangible Book per Share 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.

Pacholder High Yield Fund Tangible Book per Share Chart

Pacholder High Yield Fund Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Tangible Book per Share
Get a 7-Day Free Trial 8.57 8.63 8.18 6.97 7.86

Pacholder High Yield Fund Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.18 8.11 6.97 7.52 7.86

Competitive Comparison of Pacholder High Yield Fund's Tangible Book per Share

For the Asset Management subindustry, Pacholder 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.


Pacholder High Yield Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



Pacholder High Yield Fund Tangible Book per Share Calculation

Pacholder High Yield Fund's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2016 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(102.127-0-0)/12.9966
=7.86

Pacholder High Yield Fund's Tangible Book Value Per Share for the quarter that ended in Dec. 2016 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(102.127-0-0)/12.9966
=7.86

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Pacholder High Yield Fund  (AMEX:PHF) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Pacholder High Yield Fund Tangible Book per Share Related Terms

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Pacholder High Yield Fund (Pacholder High Yield Fund) Business Description

Traded in Other Exchanges
N/A
Address
Pacholder High Yield Fund, Inc.is a closed-end fund. Its objective is to provide a high level of total return through current income and capital appreciation by investing primarily in high yield, lower rated fixed income securities of domestic companies.
Executives
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882
Brian S Shlissel officer: President 270 PARK AVE, NEW YORK NY 10017-2014
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Rivernorth Capital Management, Llc 10 percent owner 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Capital Partners, L.p. 10 percent owner 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Institutional Partners, L.p. 10 percent owner 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Patricia A Maleski officer: President C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
Young L Robert officer: President 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Laura S Melman officer: Assistant Treasurer 245 PARK AVENUE, NEW YORK NY 10167
Fergus Reid director MORGAN STANLEY INVESTMENT MANAGEMENT, 1221 AVE. OF THE AMERICAS - 22ND FLOOR, NEW YORK NY 10020
Mitchell M Merin other: Director - effective 1/1/2013 1585 BROADWAY, NEW YORK NY 10036

Pacholder High Yield Fund (Pacholder High Yield Fund) Headlines

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