PGIM Short Duration High Yield Opportunities Fund (SDHY) - Total Assets
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. Check PGIM Short Duration High Yield Opportuni total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
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 SDHY long-term investment intensity to see how much of total assets are deployed in long-term investments.
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. For live market cap, price, and company overview, see PGIM Short Duration High Yield Opportuni (SDHY) market capitalisation.
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 |
|---|---|---|
|
Smart Agro LP
TA:SMAG
|
Israel | ILA24.64 Million |
|
Sprott Physical Gold and Silver Trust
TO:CEF
|
Canada | CA$9.34 Billion |
|
Australian Foundation Investment Company Ltd
AU:AFI
|
Australia | AU$9.94 Billion |
|
Sprott Inc.
TO:SII
|
Canada | CA$720.71 Million |
|
Insignia Financial Ltd
AU:IFL
|
Australia | AU$3.77 Billion |
|
MFF Capital Investments Ltd
AU:MFF
|
Australia | AU$3.13 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
USA | $1.97 Billion |
|
Wam Leaders Ltd
AU:WLE
|
Australia | AU$1.86 Billion |
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 | 0.70 |
| Asset Growth Rate (YoY) | 3.0% |
| Total Assets | $568.61 Million |
| Market Capitalization | $397.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values PGIM Short Duration High Yield Opportunities Fund's assets below their book value (0.70x), 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 | -- |
About PGIM Short Duration High Yield Opportunities Fund
PGIM Short Duration High Yield Opportunities Fund operates in various business sectors.