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


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What is PGIM High Yield Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PGIM High Yield Fund's Pre-Tax Income for the six months ended in Jan. 2024 was $34.76 Mil. PGIM High Yield Fund's Revenue for the six months ended in Jan. 2024 was $34.95 Mil. Therefore, PGIM 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 High Yield Fund's Pretax Margin % or its related term are showing as below:

ISD' s Pretax Margin % Range Over the Past 10 Years
Min: 89.02   Med: 98.4   Max: 100.97
Current: 99.77


ISD's Pretax Margin % is ranked better than
80.18% of 1660 companies
in the Asset Management industry
Industry Median: 90.98 vs ISD: 99.77

PGIM High Yield Fund Pretax Margin % Historical Data

The historical data trend for PGIM 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 High Yield Fund Pretax Margin % Chart

PGIM High Yield Fund Annual Data
Trend May18 May19 May20 May21 Jul22 Jul23
Pretax Margin %
Get a 7-Day Free Trial 98.62 89.02 99.61 100.97 98.17

PGIM High Yield Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 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 104.59 100.56 97.76 90.42 99.46

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

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

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

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



PGIM 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 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 )
=20.005/20.377
=98.17 %

PGIM 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 High Yield Fund  (NYSE:ISD) 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 High Yield Fund Pretax Margin % Related Terms

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

Traded in Other Exchanges
N/A
Address
655 Broad Street, 6th Floor, Newark, NJ, USA, 07102
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.
Executives
Brian Reid director C/O PGIM INVESTMENTS LLC, 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
Barry H Evans director C/O PGIM INVESTMENTS, 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: Deputy CIO 655 BROAD STREET, NEWARK NJ 07102
Michael Lillard other: Portfolio Manager 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
Scott E Benjamin director 655 BROAD ST., NEWARK NJ 07102
Melissa Gonzalez officer: Assistant Secretary 655 BROAD STREET, NEWARK NJ 07102
Elyse Mclaughlin officer: Assistant Treasurer 655 BROAD ST., NEWARK NJ 07102

PGIM High Yield Fund (PGIM High Yield Fund) Headlines

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