PSCIX
Price:
$10.19
Market Cap:
$549.74M
The fund primarily aims to generate income, with a secondary focus on achieving absolute returns (positive returns regardless of market conditions). Its core approach utilizes a convertible arbitrage strategy: it purchases convertible securities (which include convertible preferred shares) and simultaneously establishes short positions, or protective hedges, in the common stock issued by those same companies. To further manage specific risks and limit undesirable market exposures, the fund may also employ various other hedging tools, such as Exchange-Traded Funds (ETFs), options, and currency forwards, when deemed suitable. It's possible for the fund to have a substantial portion of its inve...[Read more]
Industry
Asset Management - Income
IPO Date
2012-05-25
Stock Exchange
NASDAQ
Ticker
PSCIX
According to American Beacon SSI Alternative Income Fund Y Class’s latest financial reports and current stock price. The company's current Enterprise Value is 566.46M. This represents a change of 50.83% compared to the average of 375.55M of the last 4 quarters.
The mean historical Enterprise Value of American Beacon SSI Alternative Income Fund Y Class over the last ten years is 592.20M. The current 566.46M Enterprise Value has changed 9.47% with respect to the historical average. Over the past ten years (40 quarters), PSCIX's Enterprise Value was at its highest in in the March 2014 quarter at 884.23M. The Enterprise Value was at its lowest in in the June 2022 quarter at 276.58M.
Average
592.20M
Median
583.02M
Minimum
303.29M
Maximum
839.97M
Discovering the peaks and valleys of American Beacon SSI Alternative Income Fund Y Class Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 25.52%
Maximum Annual Enterprise Value = 839.97M
Minimum Annual Increase = -26.73%
Minimum Annual Enterprise Value = 303.29M
| Year | Enterprise Value | Change |
|---|---|---|
| 2023 | 398.25M | 4.62% |
| 2022 | 380.68M | 25.52% |
| 2021 | 303.29M | -26.73% |
| 2020 | 413.93M | -18.17% |
| 2019 | 505.86M | -23.38% |
| 2018 | 660.18M | -19.46% |
| 2017 | 819.72M | 5.12% |
| 2016 | 779.81M | -4.94% |
| 2015 | 820.31M | -2.34% |
| 2014 | 839.97M | -2.31% |
The current Enterprise Value of American Beacon SSI Alternative Income Fund Y Class (PSCIX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
360.74M
5-year avg
400.40M
10-year avg
592.20M
American Beacon SSI Alternative Income Fund Y Class’s Enterprise Value is greater than American Beacon SSI Alternative Income Fund Investor Class (0), greater than Angel Oak Financial Strategies Income Term Trust (437.63M), greater than Calamos Global Growth and Income Fund Class A (0), less than BlackRock California Municipal Income Trust (585.40M), greater than BlackRock Floating Rate Income Trust (392.06M), greater than T. Rowe Price Credit Opportunities Fund, Inc. (0), greater than Manning & Napier Fd, Inc. Pro-Blend Conservative Term Srs Cl S (0), greater than New Covenant Income Fd (0), greater than Hartford Global Impact Fund Class Y (0), greater than Eaton Vance Floating-Rate Income Trust (415.78M),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 0 | $391.17M | |
| 437.63M | $312.21M | |
| 0 | $372.36M | |
| 585.40M | $334.01M | |
| 392.06M | $320.62M | |
| 0 | $398.84M | |
| 0 | $271.44M | |
| 0 | $351.23M | |
| 0 | $364.61M | |
| 415.78M | $283.06M |
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What is the Enterprise Value?
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What is American Beacon SSI Alternative Income Fund Y Class's Enterprise Value?
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How does the current Enterprise Value for American Beacon SSI Alternative Income Fund Y Class (PSCIX) compare to its historical average?