Pioneer Floating Rate Fund, Inc.

Pioneer Floating Rate Fund, Inc.verified

PHD

Price:

$9.99

Market Cap:

$123.63M

Pioneer Floating Rate Fund, Inc. is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Barclays U.S. High Yield Loans Index. Pioneer Floating Rate Fund, Inc. was formed on October 6, 2004 and is domiciled in the United States.[Read more]

Industry

Asset Management

IPO Date

2004-12-23

Stock Exchange

NYSE

Ticker

PHD

The ROE as of September 2024 (TTM) for Pioneer Floating Rate Fund, Inc. (PHD) is 10.79%

According to Pioneer Floating Rate Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is 10.79%. This represents a change of 238.38% compared to the average of 3.19% of the last 4 quarters.

Pioneer Floating Rate Fund, Inc. (PHD) Historical ROE (quarterly & annually)

How has PHD ROE performed in the past?

The mean historical ROE of Pioneer Floating Rate Fund, Inc. over the last ten years is 3.89%. The current 10.79% ROE has changed 177.12% with respect to the historical average. Over the past ten years (40 quarters), PHD's ROE was at its highest in in the August 2020 quarter at 5.97%. The ROE was at its lowest in in the February 2020 quarter at -6.16%.

Quarterly (TTM)
Annual

Average

3.89%

Median

4.42%

Minimum

-9.52%

Maximum

12.62%

Pioneer Floating Rate Fund, Inc. (PHD) ROE by Quarter and Year

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 = 12.62%

Minimum Annual Increase = -232.57%

Minimum Annual ROE = -9.52%

Quarterly (TTM)
Annual
YearROEChange
202312.62%-232.57%
2022-9.52%-200.27%
20219.50%1.30%
20200.68%-84.75%
20194.44%55.40%
20182.86%-44.73%
20175.17%-29.69%
20167.36%419.27%
20151.42%-67.82%
20144.40%0.17%

Pioneer Floating Rate Fund, Inc. (PHD) Average ROE

How has PHD ROE performed in the past?

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

4.20%

5-year avg

3.54%

10-year avg

3.89%

Pioneer Floating Rate Fund, Inc. (PHD) ROE vs. Peers

How is PHD’s ROE compared to its peers?

Pioneer Floating Rate Fund, Inc.’s ROE is less than BlackRock Floating Rate Income Strategies Fund, Inc. (20.91%), less than Eaton Vance Senior Floating-Rate Trust (9.40%), less than Eaton Vance Senior Income Trust (21.34%), less than BlackRock Debt Strategies Fund, Inc. (25.42%), less than Western Asset Investment Grade Defined Opportunity Trust Inc. (5.65%), less than The Gabelli Equity Trust Inc. PFD-G (17.75%), less than Pioneer Municipal High Income Advantage Fund, Inc. (1.51%), less than Nuveen Global High Income Fund (14.19%), greater than Nuveen Floating Rate Income Opportunity Fund (-2.65%), less than Nuveen Floating Rate Income Fund (11.59%), greater than BlackRock Municipal Income Fund, Inc. (-0.11%), less than Apollo Senior Floating Rate Fund Inc. (21.16%), greater than Nuveen Senior Income Fund (-4.71%), less than BlackRock Floating Rate Income Trust (22.42%), less than Blackstone / GSO Long-Short Credit Income Fund (14.76%), less than First Trust Senior Floating Rate Income Fund II (16.75%),

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