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PGIM Global High Yield Fund, (PGIM Global High Yield Fund,) Pretax Margin % : 99.46% (As of Jan. 2024)


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What is PGIM Global High Yield Fund, Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PGIM Global High Yield Fund,'s Pre-Tax Income for the six months ended in Jan. 2024 was $34.76 Mil. PGIM Global High Yield Fund,'s Revenue for the six months ended in Jan. 2024 was $34.95 Mil. Therefore, PGIM Global High Yield Fund,'s pretax margin for the quarter that ended in Jan. 2024 was 99.46%.

The historical rank and industry rank for PGIM Global High Yield Fund,'s Pretax Margin % or its related term are showing as below:

GHY' s Pretax Margin % Range Over the Past 10 Years
Min: 89.65   Med: 98.57   Max: 100.53
Current: 99.27


GHY's Pretax Margin % is ranked better than
76.54% of 1667 companies
in the Asset Management industry
Industry Median: 89.59 vs GHY: 99.27

PGIM Global High Yield Fund, Pretax Margin % Historical Data

The historical data trend for PGIM Global High Yield Fund,'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.

PGIM Global High Yield Fund, Pretax Margin % Chart

PGIM Global High Yield Fund, Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Pretax Margin %
Get a 7-Day Free Trial 99.10 89.65 99.43 100.53 98.17

PGIM Global High Yield Fund, Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.85 100.32 97.76 98.78 99.46

Competitive Comparison of PGIM Global High Yield Fund,'s Pretax Margin %

For the Asset Management subindustry, PGIM Global High Yield Fund,'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.


PGIM Global High Yield Fund,'s Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PGIM Global High Yield Fund,'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where PGIM Global High Yield Fund,'s Pretax Margin % falls into.



PGIM Global High Yield Fund, 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.

PGIM Global High Yield Fund,'s Pretax Margin for the fiscal year that ended in Jul. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=34.991/35.645
=98.17 %

PGIM Global High Yield Fund,'s Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=34.758/34.946
=99.46 %

* 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 Global High Yield Fund,  (NYSE:GHY) 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.


PGIM Global High Yield Fund, Pretax Margin % Related Terms

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PGIM Global High Yield Fund, (PGIM Global High Yield Fund,) Business Description

Traded in Other Exchanges
N/A
Address
655 Broad Street, 6th Floor, Newark, NJ, USA, 07102
PGIM Global High Yield Fund, Inc is a diversified, closed-end management investment company. The fund's investment objective is to provide a high level of current income. The fund seeks to provide a high level of current income by investing in higher-rated, below-investment-grade fixed income instruments of issuers located around the world, including emerging markets.
Executives
Robert Cignarella other: Portfolio Manager 100 MULBERRY STREET, NEWARK NJ 07102
Barry H Evans director C/O PGIM INVESTMENTS, 655 BROAD STREET, NEWARK NJ 07102
Andrew Donohue officer: Chief Compliance Officer 655 BROAD STREET, NEWARK NJ 07102
Brian J Lalli other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Robert Mccormack officer: Assistant Treasurer 655 BROAD ST., NEWARK NJ 07102
Michael Lillard other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Isabelle Sajous officer: Chief Compliance Officer 655 BROAD ST., NEWARK NJ 07102
Michael Joseph Gormally other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Gregory J Peters other: Co-Chief Investment Officer 655 BROAD STREET, NEWARK NJ 07102
Craig C Dewling other: Co-Chief Investment Officer 655 BROAD STREET, NEWARK NJ 07102
Brian Reid director C/O PGIM INVESTMENTS LLC, 655 BROAD STREET, NEWARK NJ 07102
Debra Rubano officer: Assistant Secretary 655 BROAD STREET, PRUDENTIAL TOWER SOUTH, NEWARK NJ 07102
Patrick Mcguinness officer: Assistant Secretary 655 BROAD STREET, PRUDENTIAL TOWER SOUTH, 17TH FLOOR, NEWARK NJ 07102
Melissa Gonzalez officer: Assistant Secretary 655 BROAD STREET, NEWARK NJ 07102
Russ Shupak officer: Assistant Treasurer 655 BROAD STREET, NEWARK NJ 07102

PGIM Global High Yield Fund, (PGIM Global High Yield Fund,) Headlines