PGIM Short Duration High Yield Opportunities Fund
PGIM Short Duration High Yield Opportunities Fund operates in various business sectors.
PGIM Short Duration High Yield Opportunities Fund (SDHY) - Total Assets
Latest total assets as of July 2024: $568.61 Million USD
Based on the latest financial reports, PGIM Short Duration High Yield Opportunities Fund (SDHY) holds total assets worth $568.61 Million USD as of July 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
PGIM Short Duration High Yield Opportunities Fund - Total Assets Trend (2021–2024)
This chart illustrates how PGIM Short Duration High Yield Opportunities Fund’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PGIM Short Duration High Yield Opportunities Fund - Asset Composition Analysis
Current Asset Composition (July 2024)
PGIM Short Duration High Yield Opportunities Fund's total assets of $568.61 Million consist of 0.1% current assets and 100.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $9.85 Million | 1.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how PGIM Short Duration High Yield Opportunities Fund's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: PGIM Short Duration High Yield Opportunities Fund's current assets represent 0.1% of total assets in 2024, a decrease from 1.5% in 2021.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, up from 0.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 1.7% of total assets.
PGIM Short Duration High Yield Opportunities Fund Competitors by Total Assets
Key competitors of PGIM Short Duration High Yield Opportunities Fund based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jindal Poly Investment and Finance Company Limited
NSE:JPOLYINVST
|
India | ₹16.78 Billion |
|
Gibui Holdings Ltd
TA:GIBUI
|
Israel | ILA445.00 Million |
|
Digital 9 Infrastructure PLC
LSE:DGI9
|
UK | GBX287.45 Million |
|
Angel Oak Financial Strategies Income Term Trust
NYSE:FINS
|
USA | $486.05 Million |
|
Global Data Centre Group
AU:GDC
|
Australia | AU$151.04 Million |
|
Hearts and Minds Investments Ltd
AU:HM1
|
Australia | AU$857.95 Million |
|
MainStay CBRE Global Infrastructure Megatrends Fund
NYSE:MEGI
|
USA | $1.07 Billion |
|
Nippon Active Value Fund Plc
LSE:NAVF
|
UK | GBX390.96 Million |
PGIM Short Duration High Yield Opportunities Fund - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - PGIM Short Duration High Yield Opportunities Fund generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, PGIM Short Duration High Yield Opportunities Fund generates $7.16 in net profit.
PGIM Short Duration High Yield Opportunities Fund - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.00 | 9.88 | 3.22 |
| Quick Ratio | 0.00 | 9.88 | 3.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $740.92K | $ 9.87 Million | $ 17.66 Million |
PGIM Short Duration High Yield Opportunities Fund - Advanced Valuation Insights
This section examines the relationship between PGIM Short Duration High Yield Opportunities Fund's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.74 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 3.0% |
| Total Assets | $568.61 Million |
| Market Capitalization | $155.36K USD |
Valuation Analysis
Below Book Valuation: The market values PGIM Short Duration High Yield Opportunities Fund's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: PGIM Short Duration High Yield Opportunities Fund's assets grew by 3.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for PGIM Short Duration High Yield Opportunities Fund (2021–2024)
The table below shows the annual total assets of PGIM Short Duration High Yield Opportunities Fund from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-07-31 | $568.61 Million | +2.98% |
| 2023-07-31 | $552.17 Million | -2.52% |
| 2022-07-31 | $566.44 Million | -14.50% |
| 2021-07-31 | $662.52 Million | -- |