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 ROE as of September 2025 (TTM) for Pioneer Municipal High Income Advantage Fund, Inc. (MAV) is 0.72%

According to Pioneer Municipal High Income Advantage Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is 0.72%. This represents a change of 507.02% compared to the average of 0.12% of the last 4 quarters.

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

How has MAV ROE performed in the past?

The mean historical ROE of Pioneer Municipal High Income Advantage Fund, Inc. over the last ten years is 0.95%. The current 0.72% ROE has changed -23.88% with respect to the historical average. Over the past ten years (40 quarters), MAV's ROE was at its highest in in the March 2024 quarter at 13.49%. The ROE was at its lowest in in the September 2022 quarter at -21.94%.

Quarterly (TTM)
Annual

Average

0.95%

Median

2.11%

Minimum

-9.22%

Maximum

7.81%

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

Discovering the peaks and valleys of Pioneer Municipal High Income Advantage Fund, Inc. ROE, 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 = 889.88%

Maximum Annual ROE = 7.81%

Minimum Annual Increase = -205.99%

Minimum Annual ROE = -9.22%

Quarterly (TTM)
Annual
YearROEChange
20250.83%-52.78%
20241.75%-118.99%
2023-9.22%11.50%
2022-8.27%-205.99%
20217.81%67.35%
20204.66%-3.10%
20194.81%94.67%
20182.47%889.88%
20170.25%-94.28%
20164.37%-51.95%

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

How has MAV ROE performed in the past?

The current ROE 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

-2.22%

5-year avg

-1.42%

10-year avg

0.95%

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

How is MAV’s ROE compared to its peers?

Pioneer Municipal High Income Advantage Fund, Inc.’s ROE is less than Pioneer Municipal High Income Fund, Inc. (2.41%), less than Pioneer Municipal High Income Opportunities Fund, Inc. (3.25%), greater than PIMCO Municipal Income Fund (-0.46%), greater than Ivy Funds - Delaware Ivy High Income Opportunities Fund (-21.58%), greater than Nuveen Senior Income Fund (-4.71%), less than Saba Capital Income & Opportunities Fund II (10.81%), less than Insight Select Income Fund (5.21%), less than Pioneer High Income Fund, Inc. (8.08%), less than Virtus Convertible & Income 2024 Target Term Fund (3.90%), greater than Invesco High Income 2023 Target Term Fund (-2.88%),

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