Pioneer Municipal High Income Advantage Fund, Inc.

Pioneer Municipal High Income Advantage Fund, Inc.verified

MAV

Price:

$8.08

Market Cap:

$193.23M

Pioneer Municipal High Income Advantage Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index. It was formerly known as Pioneer Municipal Advantage Trust. Pioneer Municipal High Income Advantage Fund, Inc. was formed on August 6, 2003 and is domiciled in the United States.

Industry

Asset Management - Income

IPO Date

2003-10-23

Stock Exchange

NYSE

Ticker

MAV

The Current Ratio as of September 2025 (TTM) for Pioneer Municipal High Income Advantage Fund, Inc. (MAV) is 7.74

According to Pioneer Municipal High Income Advantage Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.74. This represents a change of -38.57% compared to the average of 12.59 of the last 4 quarters.

Pioneer Municipal High Income Advantage Fund, Inc. (MAV) Historical Current Ratio (quarterly & annually)

How has MAV Current Ratio performed in the past?

The mean historical Current Ratio of Pioneer Municipal High Income Advantage Fund, Inc. over the last ten years is 19.07. The current 7.74 Current Ratio has changed 3.96% with respect to the historical average. Over the past ten years (40 quarters), MAV's Current Ratio was at its highest in in the September 2020 quarter at 2.37K. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

19.07

Median

6.92

Minimum

2.19

Maximum

59.83

Pioneer Municipal High Income Advantage Fund, Inc. (MAV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Pioneer Municipal High Income Advantage Fund, Inc. Current Ratio, 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 = 711.56%

Maximum Annual Current Ratio = 59.83

Minimum Annual Increase = -93.65%

Minimum Annual Current Ratio = 2.19

Quarterly (TTM)
Annual
YearCurrent RatioChange
20257.7456.70%
20244.94-19.16%
20236.11133.33%
20222.62-48.68%
20215.10-87.81%
202041.85-1.75%
201942.59-28.81%
201859.83237.10%
201717.75711.56%
20162.19-93.65%

Pioneer Municipal High Income Advantage Fund, Inc. (MAV) Average Current Ratio

How has MAV Current Ratio performed in the past?

The current Current Ratio of Pioneer Municipal High Income Advantage Fund, Inc. (MAV) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

6.26

5-year avg

5.30

10-year avg

19.07

Pioneer Municipal High Income Advantage Fund, Inc. (MAV) Current Ratio vs. Peers

How is MAV’s Current Ratio compared to its peers?

Pioneer Municipal High Income Advantage Fund, Inc.’s Current Ratio is greater than Pioneer Municipal High Income Fund, Inc. (1.53), greater than Pioneer Municipal High Income Opportunities Fund, Inc. (3.59), greater than PIMCO Municipal Income Fund (0), greater than Ivy Funds - Delaware Ivy High Income Opportunities Fund (3.83), greater than Nuveen Senior Income Fund (1.46), greater than Saba Capital Income & Opportunities Fund II (0), greater than Insight Select Income Fund (2.92), greater than Pioneer High Income Fund, Inc. (0.98), greater than Virtus Convertible & Income 2024 Target Term Fund (2.04), less than Invesco High Income 2023 Target Term Fund (8.71),

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