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Templeton Globalome Fund (Templeton Globalome Fund) Pretax Margin % : 91.44% (As of Jun. 2023)


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What is Templeton Globalome Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Templeton Globalome Fund's Pre-Tax Income for the six months ended in Jun. 2023 was $6.63 Mil. Templeton Globalome Fund's Revenue for the six months ended in Jun. 2023 was $7.25 Mil. Therefore, Templeton Globalome Fund's pretax margin for the quarter that ended in Jun. 2023 was 91.44%.

The historical rank and industry rank for Templeton Globalome Fund's Pretax Margin % or its related term are showing as below:

SABA' s Pretax Margin % Range Over the Past 10 Years
Min: 91.07   Med: 98.39   Max: 107.38
Current: 91.07


SABA's Pretax Margin % is ranked better than
51.92% of 1668 companies
in the Asset Management industry
Industry Median: 89.59 vs SABA: 91.07

Templeton Globalome Fund Pretax Margin % Historical Data

The historical data trend for Templeton Globalome 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.

Templeton Globalome Fund Pretax Margin % Chart

Templeton Globalome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Pretax Margin %
97.91 96.59 98.39 100.95 107.38

Templeton Globalome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109.89 105.68 101.16 90.85 91.44

Competitive Comparison of Templeton Globalome Fund's Pretax Margin %

For the Asset Management subindustry, Templeton Globalome 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.


Templeton Globalome Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Templeton Globalome Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Templeton Globalome Fund's Pretax Margin % falls into.



Templeton Globalome 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.

Templeton Globalome Fund's Pretax Margin for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=-38.807/-36.141
=107.38 %

Templeton Globalome Fund's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=6.631/7.252
=91.44 %

* 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.


Templeton Globalome Fund  (NYSE:SABA) 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.


Templeton Globalome Fund Pretax Margin % Related Terms

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Templeton Globalome Fund (Templeton Globalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
300 S.E. 2nd Street, Fort Lauderdale, FL, USA, 33301-1923
Templeton Global Income Fund is a closed-end fund. It seeks high current income, with a secondary goal of capital appreciation. Under normal market conditions. The Fund invests at least over 80% of its net assets in income-producing securities, including debt securities of the United States and foreign issuers, including emerging markets.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Oliveira Marc De officer: VP & Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
George P. Hoyt officer: VP & Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Garry Khasidy director 131 MUNSTER ROAD, LONDON X0 SW6 6DD
Mark Hammitt director 8 THE GREEN, SUITE 10664, DOVER DE 19901
Karen Caldwell director 10125 SOUTH BELL AVENUE, CHICAGO IL 60643
Ketu Desai director 999 RIVERVIEW DR, SUITE 201, TOTOWA NJ 07512
Anatoly Nakum director 52 EAST END AVENUE, APT. 18, NEW YORK NY 10028
Franklin Resources Inc other: Affiliate of Investment Adv. FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ryan Wheeler officer: Interim CFO, CAO and Treasurer 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
Paul Charles Kazarian director C/O SABA CAPITAL MANAGEMENT, L.P., 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174