PHD
Price:
$9.95
Market Cap:
$123.13M
The Pioneer Floating Rate Fund, Inc. (PHD) operates as a closed-end mutual fund, with its oversight and management provided by Pioneer Investment Management, Inc. This investment vehicle primarily allocates capital to senior secured floating-rate loans within the United States' fixed income markets. To benchmark its performance, the fund measures itself against the Barclays U.S. High Yield Loans Index. Established on October 6, 2004, the fund is domiciled in the United States.
Industry
Asset Management
IPO Date
2004-12-23
Stock Exchange
NYSE
Ticker
PHD
According to Pioneer Floating Rate Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is 13.17%. This represents a change of 126.24% compared to the average of 5.82% of the last 4 quarters.
The mean historical ROE of Pioneer Floating Rate Fund, Inc. over the last ten years is 4.76%. The current 13.17% ROE has changed 177.06% with respect to the historical average. Over the past ten years (40 quarters), PHD's ROE was at its highest in in the November 2020 quarter at 11.94%. The ROE was at its lowest in in the May 2020 quarter at -12.33%.
Average
4.76%
Median
4.81%
Minimum
-9.52%
Maximum
13.02%
Discovering the peaks and valleys of Pioneer Floating Rate 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 = 1.30%
Maximum Annual ROE = 13.02%
Minimum Annual Increase = -232.57%
Minimum Annual ROE = -9.52%
| Year | ROE | Change |
|---|---|---|
| 2024 | 13.02% | 3.14% |
| 2023 | 12.62% | -232.57% |
| 2022 | -9.52% | -200.27% |
| 2021 | 9.50% | 1.30% |
| 2020 | 0.68% | -84.75% |
| 2019 | 4.44% | 55.40% |
| 2018 | 2.86% | -44.73% |
| 2017 | 5.17% | -29.69% |
| 2016 | 7.36% | 419.27% |
| 2015 | 1.42% | -67.82% |
The current ROE of Pioneer Floating Rate Fund, Inc. (PHD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.37%
5-year avg
5.26%
10-year avg
4.76%
Pioneer Floating Rate Fund, Inc.’s ROE is less than Pioneer Diversified High Income Fund, Inc. (10.72%), greater than Hawaii Municipal Fund (0%), greater than CLS Shelter Fund (0%), greater than Nuveen Short Duration Credit Opportunities Fund (-5.65%), less than NXG NextGen Infrastructure Income Fund (16.36%), less than BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (16.09%), less than PMC Diversified Equity Fund (0%), less than Tortoise Pipeline & Energy Fund, Inc. (6.07%), greater than Nuveen Georgia Quality Municipal Income Fund (-11.86%), less than Nuveen Emerging Markets Debt 2022 Target Term Fund (3.61%),
| Company | ROE | Market cap |
|---|---|---|
| 10.72% | $106.73M | |
| 0% | $123.18M | |
| 0% | $124.52M | |
| -5.65% | $116.99M | |
| 16.36% | $269.93M | |
| 16.09% | $138.61M | |
| 0% | $115.98M | |
| 6.07% | $95.72M | |
| -11.86% | $105.04M | |
| 3.61% | $94.47M |
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How does the current ROE for Pioneer Floating Rate Fund, Inc. (PHD) compare to its historical average?