(PGHY) Global Short Term High - Overview
Etf: Bonds, Corporate, Below-Investment-Grade, USD
Dividends
| Dividend Yield | 7.22% |
| Yield on Cost 5y | 8.96% |
| Yield CAGR 5y | 6.89% |
| Payout Consistency | 93.9% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 4.06% |
| Relative Tail Risk | -2.39% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.54 |
| Alpha | 1.25 |
| Character TTM | |
|---|---|
| Beta | 0.181 |
| Beta Downside | 0.227 |
| Drawdowns 3y | |
|---|---|
| Max DD | 5.03% |
| CAGR/Max DD | 1.75 |
Description: PGHY Global Short Term High January 01, 2026
PGHY is an exchange-traded fund that must allocate at least 80 % of its assets to the securities that make up its benchmark index, which tracks U.S. dollar-denominated, below-investment-grade corporate bonds issued by non-U.S. companies in both the domestic and eurobond markets.
As of the most recent quarterly report (Q4 2025), PGHY’s weighted-average yield is roughly 7.5 % with a weighted-average maturity of about 4 years, and the portfolio’s average credit quality sits near a B+ rating. The fund’s top sector exposure is to energy (≈20 % of assets), reflecting the sector’s historically higher yield premium, while its performance is highly sensitive to Fed policy-driven interest-rate moves and global credit-spread dynamics.
For a deeper, data-driven look at how PGHY fits into a broader high-yield strategy, you might explore the analytics on ValueRay.
What is the price of PGHY shares?
Over the past week, the price has changed by -0.15%, over one month by +0.59%, over three months by +1.98% and over the past year by +7.81%.
Is PGHY a buy, sell or hold?
What are the forecasts/targets for the PGHY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 22.8 | 14.3% |
PGHY Fundamental Data Overview February 05, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 197.1m USD (197.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 197.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 197.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.58% (E(197.1m)/V(197.1m) * Re(6.58%) + (debt-free company))
Discount Rate = 6.58% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)