PGIM High Yield Fund's Total Assets for the quarter that ended in Jan. 2024 was $589.18 Mil.
During the past 12 months, PGIM High Yield Fund's average Total Assets Growth Rate was -8.60% per year.
During the past 3 years, the average Total Assets Growth Rate was -5.00% per year.
During the past 5 years, the average Total Assets Growth Rate was -3.90% per year.
During the past 6 years, PGIM High Yield Fund's highest 3-Year average Total Assets Growth Rate was 2.40%. The lowest was -5.90%. And the median was -5.00%.
Total Assets is connected with ROA %. PGIM High Yield Fund's annualizedROA % for the quarter that ended in Jan. 2024 was 11.78%. Total Assets is also linked to Revenue through Asset Turnover. PGIM High Yield Fund's Asset Turnover for the quarter that ended in Jan. 2024 was 0.06.
PGIM High Yield Fund Total Assets Historical Data
The historical data trend for PGIM High Yield Fund's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
PGIM High Yield Fund's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as
* 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.
PGIM High Yield Fund (NYSE:ISD) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Jan. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
PGIM High Yield Fund's Asset Turnover for the quarter that ended in Jan. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
PGIM High Yield Fund Total Assets Related Terms
Thank you for viewing the detailed overview of PGIM High Yield Fund's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
PGIM High Yield Fund (PGIM High Yield Fund) Business Description
PGIM High Yield Fund Inc is a diversified, closed-end management investment company, active in the financial services domain. The Fund's investment objective is to provide a high level of current income. It invests at least 80% of its investable assets in a diversified portfolio of high-yield fixed-income instruments that are rated below investment grade with varying maturities and other investments.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ISD has been successfully added to your 