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SDHY (PGIM Short Duration High Yield Opportunities) Scaled Net Operating Assets : 0.81 (As of Jul. 2024)


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What is PGIM Short Duration High Yield Opportunities Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

PGIM Short Duration High Yield Opportunities's operating assets for the quarter that ended in Jul. 2024 was $568.35 Mil. PGIM Short Duration High Yield Opportunities's operating liabilities for the quarter that ended in Jul. 2024 was $9.47 Mil. PGIM Short Duration High Yield Opportunities's Total Assets for the quarter that ended in Jan. 2024 was $687.02 Mil. Therefore, PGIM Short Duration High Yield Opportunities's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2024 was 0.81.

PGIM Short Duration High Yield Opportunities Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

PGIM Short Duration High Yield Opportunities's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2024 )
=(Operating Assets (A: Jul. 2024 )-Operating Liabilities (A: Jul. 2024 ))/Total Assets (A: Jul. 2023 )
=(568.347-9.466)/552.173
=1.01

where

Operating Assets(A: Jul. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=568.614 - 0.267
=568.347

Operating Liabilities(A: Jul. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=134.466 - 125 - 0
=9.466

PGIM Short Duration High Yield Opportunities's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jul. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jul. 2024 )
=(Operating Assets (Q: Jul. 2024 )-Operating Liabilities (Q: Jul. 2024 ))/Total Assets (Q: Jan. 2024 )
=(568.347-9.466)/687.016
=0.81

where

Operating Assets(Q: Jul. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=568.614 - 0.267
=568.347

Operating Liabilities(Q: Jul. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=134.466 - 125 - 0
=9.466

* 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.

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PGIM Short Duration High Yield Opportunities Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PGIM Short Duration High Yield Opportunities (NYSE:SDHY) » Definitions » Scaled Net Operating Assets
Comparable Companies
GUT FFA GBAB EAD SCM FRMO DHIL VKI DFP HIX BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
N/A
Address
655 Broad Street, 6th Floor, Newark, NJ, USA, 07102
Website
https://www.pgim.com
PGIM Short Duration High Yield Opportunities is a closed-end management investment company. The fund's investment objective is to provide total return, through a combination of current income and capital appreciation. Its seeks to achieve its objective by investing in a diversified portfolio of high yield fixed income instruments.
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: Head of PGIM Fixed Income/CIO 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
Daniel T Thorogood other: Portfolio Manager PGIM, INC., 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
Debra Rubano officer: Assistant Secretary 655 BROAD STREET, PRUDENTIAL TOWER SOUTH, NEWARK NJ 07102
Brian Clapp other: Portfolio Manager 100 MULBERRY STREET, NEWARK NJ 07102
Richard Greenwood other: Investment Professional 2 GATEWAY CENTER, NEWARK NJ 07102
Robert Spano other: Portfolio Manager 2 GATEWAY CENTER, NEWARK NJ 07102