PGIM Short Duration High Yield Opportunities Fund (SDHY) — Tangible Net Worth Ratio
PGIM Short Duration High Yield Opportunities Fund (SDHY) has a Tangible Net Worth Ratio of 100.0% as of July 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($434.15 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore PGIM Short Duration High Yield Opportuni (SDHY) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
PGIM Short Duration High Yield Opportunities Fund Tangible Net Worth Ratio (2021–2024)
This chart shows how PGIM Short Duration High Yield Opportunities Fund's Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2024. As of July 2024, the ratio stands at 100.0%, reflecting net assets of $434.15 Million with intangible assets of $0.00 USD. Check how strategically is PGIM Short Duration High Yield Opportuni's equity deployed to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for PGIM Short Duration High Yield Opportunities Fund (2021–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for PGIM Short Duration High Yield Opportunities Fund from 2021 to 2024, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see SDHY company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $434.15 Million | $0.00 | $568.61 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $425.40 Million | $0.00 | $552.17 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $431.11 Million | $0.00 | $566.44 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $491.09 Million | $0.00 | $662.52 Million | — |