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Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
PGIM Global High Yield Fund,'s 3-Year RORE % for the quarter that ended in Jan. 2026 was 14.53%.
GHY's 3-Year RORE % is ranked better than 51.4% of 1531
companies
in the Asset Management industry
Industry Median: 12.02
vs GHY: 14.53
PGIM Global High Yield Fund, (NYSE:GHY) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
PGIM Global High Yield Fund, 3-Year RORE % Related Terms
PGIM Global High Yield Fund, 3-Year RORE % Historical Data
* 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.
For the Asset Management subindustry, PGIM Global High Yield Fund,'s 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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, 3-Year RORE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PGIM Global High Yield Fund,'s 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where PGIM Global High Yield Fund,'s 3-Year RORE % falls into.
* 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.
In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jan. 2026 and 3-year before.
PGIM Global High Yield Fund, (GHY) has a 3-Year RORE % of 14.53 as of Jan. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on PGIM Global High Yield Fund, and its competitors. According to the industry distribution chart, PGIM Global High Yield Fund, ranks #744 out of 1531 companies in the Asset Management industry, placing it in the top 48.6%.
Is PGIM Global High Yield Fund,'s 3-Year RORE % too high?
PGIM Global High Yield Fund,'s current 3-Year RORE % is 14.53. The Asset Management industry median 3-Year RORE % is 12.02. PGIM Global High Yield Fund,'s value of 14.53 is 20.9% above this industry median. Based on the distribution chart, PGIM Global High Yield Fund, ranks #744 out of 1531 companies in the Asset Management industry, which is above the industry midpoint. Overall, PGIM Global High Yield Fund, has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PGIM Global High Yield Fund,'s 3-Year RORE % compare to ECC and IFN?
According to the Asset Management industry distribution chart, PGIM Global High Yield Fund, ranks #744 out of 1531 companies for 3-Year RORE %. This puts PGIM Global High Yield Fund, in the upper half of its industry. The industry median 3-Year RORE % is 12.02. PGIM Global High Yield Fund,'s value of 14.53 is 20.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.02, based on 1,531 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PGIM Global High Yield Fund,'s current 3-Year RORE % of 14.53 is 20.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on PGIM Global High Yield Fund, and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PGIM Global High Yield Fund,'s current 3-Year RORE % is 14.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PGIM Global High Yield Fund, stock overvalued right now?
Based on GuruFocus' analysis, PGIM Global High Yield Fund, (GHY) is currently considered Fairly Valued. The stock's GF Value™ is $11.48, compared to a current price of $11.81 — trading 2.9% above its estimated fair value. The current 3-Year RORE % is 14.53 and 20.9% above the Asset Management industry median of 12.02. PGIM Global High Yield Fund,'s overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For PGIM Global High Yield Fund, (GHY), the current 3-Year RORE % is 14.53 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PGIM Global High Yield Fund, (GHY) Overvalued in 2026?
Based on GuruFocus' analysis, PGIM Global High Yield Fund, stock appears to be overvalued.
The current stock price of $11.81 is trading 2.9% above its estimated GF Value™ of $11.48.
GuruFocus considers PGIM Global High Yield Fund, to be Fairly Valued.
Key valuation signals for GHY:
3-Year RORE %: 14.53
GF Value™: $11.48 vs. price of $11.81 (2.9% above fair value)
Industry Position: 20.9% above the Asset Management median (#744 of 1531)
No single metric tells the full story. See the GHY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
52GF Score
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3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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